Author Archives: Rick Davis

MAREI PartnerCast: Rick Davis

I had the chance to speak with Kim Tucker from the Mid-American Association of Real Estate Investors (MAREI) about some basic legal concepts, such as forming LLCs and using contract forms you find on the internet. We also took a quick detour to discuss the Texas federal court decision that just came out finding that […]

So I found this federal case

I get this question quite a bit. One of my investor clients reaches out and says they found a case from a federal court that says they can (or cannot) do something and they assume it applies to them. Although this may be true, many times its not. Our federal court system is made up […]

Commission Distribution

The vast majority of real estate agents work on commission, meaning that they are paid once the transaction closes. To simplify how commissions are routed, sales commissions are paid out of the seller’s proceeds, according to the terms of the listing agreement and/or the sales contract. Thus, the buyers’ agent commission is paid by the […]

How Properties Get on or Zillow

Once your home is listed in the multiple listing service (MLS), your agent will begin marketing your home to ensure it gets in front of as many potential homebuyers as possible. Since over 95% of consumers search online to find their next home, according to the National Association of Realtors Profile of Home Buyers and […]

Features that Sell

As you prepare to put your home on the market, there are improvements you can make – some small, some big – that will help you appeal to homebuyers and maximize the price you get for your home. And some existing home features can be a major selling point. According to the National Association of […]

Showings and Open House Checklist

Once your home goes on the market, real estate agents may call to show your home anytime, even if you’ve listed preferred showing times in the instructions. Keeping your home in showtime condition can be challenging, especially if you have children and pets. Here are some pointers for presenting your home in the best light […]

Staging Your Home

When you list your home for sale, it becomes a product rather than your personal retreat. You want potential homebuyers to be able to envision themselves living in the home, which can be difficult if your family’s personality is still evident. Before going on market, your agent will recommend decluttering and depersonalizing, but you may […]

Curb Appeal, A First Impression That Lasts

Most buyers form their first impression of your home before they even get out of the car. Curb appeal is the view from the curb that gives potential buyers the first chance to fall in love with your home. The exterior of your home should be in pristine condition – clean, cleared of clutter, with […]

Intelligent Pricing & Timing

Pricing a home for sale is as much art as science, but there are a few truisms that never change. Fair market value attracts buyers, overpricing never does. The first two weeks of marketing are crucial. The market never lies, but it can change its mind. Fair market value is what a willing buyer and […]

What is a CMA?

No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That’s where the comparative market analysis, or CMA, is most useful. What is a CMA? The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same […]

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