How Realtors Get Paid

Most folks know Realtors® gets paid a commission when a property is sold.  But exactly how does that work? Does the Seller pay or the Buyer? And how is the commission split between the Agents?

Check out our Wisconsin Fun Facts blog from January 15, 2010 with a link to a great article that explains real estate commissions.

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Questions for a Realtor®

If you are looking for property, nothing is worse that a Realtor® that can't meet your needs. At BuyWisconsinLand.com we strive to get you the information you need to make an informed real estate choice.

Here is an blog article by Sheila Moran, a Realtor® in Texas, with five questions you should ask when choosing a Realtor® ~Breaking up is hard to do~ 5 questions to ask your REALTOR®

If you have questions let us know property@buywisconsinland.com

Realtor® Job Interview

Finding the right Realtor® when you are buying or selling a property is key to an (relatively) easy and successful transaction.

In this article from the PeachtreeCorners Patch, you will find five questions you can ask to find out if this Agent is the right fit for you and your property. Although this article deals with a specific subdivision, the ideas and suggestions are the same no matter where you are buying or selling.

You are ready to sell your Peachtree Corners home, but how are you are going to find the best real estate agent to market your home?

Begin your search for an agent by talking with friends and family and find out who they hired and why. A word of caution, your friends and family may live in a different area and that could be a problem when hiring the best agent to get your home sold. Unless you are hiring your mother, pick an agent who works your area.

Full Story The Job Interview: Hiring a Realtor

Happy Halloween from BuyWisconsinLand.com

Do You NEED a Realtor®?

With all the information and property listings available online, is a Realtor® really necessary when you are buying or selling property? 

The answer is a resounding YES!  While we encourage everyone to educate themselves on the real estate market, a good Realtor®'s  expertise can get you the information you need to help your get the property you want and make your transaction flow easier.

Check out this blog article by Michael Corbett on Trulia.com with his advice on why you need a Realtor®. Although he talks about buying homes, the same information applies to any real estate: land, commerical, investment, or residential.

Here's my advice: don’t try to buy a house without working with a Realtor! If you don’t believe me, read on to understand why it’s so important, and to your smart home-buying advantage!

When it comes to buying a house, you don’t need to know it all. In fact, it’s better that you don’t. You have heard the expression: a little knowledge is a dangerous thing. Well, if a little bit of knowledge gives you the false impression that you don’t need to be surrounded by professionals, then, yes, it is dangerous. It’s so important to “know what you don’t know.” To be a successful homebuyer, you need to rely on the expertise, knowledge, and professionalism of the experts.

Full Story What a Realtor Can Do That You Can’t

Then let us put our expertise to work for you.  At BuyWisconsinLand.com we use the latest technology to get you the information you need to make an informed choice when purchasing your dream property. Give us a call 877-339-6535 or drop us a line at property@buywisconsinland.com

Calculating Your Payments

Can I afford it?

A question asked many times when we think of purchasing anything.
You find the property you've always wanted, but now you need to know if you can fit the payments into your budget.

The Wisconsin Realtors Association has a great Mortgage Calculator for you. Put in your purchase information and you can see what your monthy payment will be. It also has Table and Graph where you can see how fast your equity will grow.

Want to know how much of a payment you can afford? This site also has a Affordability Calculator. Put in your current income and expenses and it will give you the monthly payment that will work for you.

More questions? At BuyWisconsinLand.com we're always happy to help you with your real estate search. Call 877-339-6535 or email property@buywisconsinland.com

Why Hire a Real Estate Agent

Some decisions are easy. Others not so much. And sometimes you just need more information to make the right choice.
Why work with a Realtor? Elizabeth Weintraub, an About.com guide, gives us this: Top 10 Reasons to Hire a Real Estate Agent
And when you want to know about Recreational Land in Wisconsin - contact our Realtors: Roy Burlingame, Jerry Burlingame and Kim Auman. They'll be happy to find all the information you need to help you make an informed purchase.

Sellers Agent or Buyers Agent

Huh?
When you purchase Real Estate you see a Realtor. So this Realtor is working for you, right? Actually, the answer to that question is sometimes.

In real estate there are Buyers Agents, Sellers Agents and Dual Agents. If you are out shopping for land or a home and stop in a Real Estate office and ask to see some listings, you'll probably be talking to a Sellers Agent, the Realtor who has the listings he or she is showing you. If you decide you don't have time to look through all the listings and want someone to find your perfect property for you, you might hire a Buyers Agent. And Dual Agents....

Rather than reinvent the wheel - here's a great article from Steve Levine's Massachusetts Real Estate Center. Although it refers to Massachusetts, Realtors in Wisconsin and most of the Country operate in the same fashion. It explains all the advantages and disavantages of each and how the Realtor is paid. Buyer or Seller Agent

If you have any further questions about working with Realtors, drop us a line at property@buywisconsinland.com We look forward to working with you!