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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Visit Us In Madison This Weekend

BuyWisconsinLand.com is on the road.  We will be at the Alliant Center in Madison April 5th-7th for the Deer and Turkey Expo, Booth 630.  Stop by and we'll be happy to answer you questions and show you great hunting and investment properties.

Not heading to Madison this week? Visit BuyWisconsinLand.com and see recreational property across Wisconsin. Or email us at property@buywisconsinland.com and we'll search the MLS for you and help you find your dream property.

Large Acreage Properties

Looking for a large wooded acreage property in Wisconsin? Check out these listings.

Your own woods with trails close to Lake Petenwell, Wisconsin's second largest lake, 240 acres in Adams County $488,500 ADAMS 1355

Spread out on this 280 acre wooded parcel, close to Wisconsin Rapids, Rainbow Casino and the Wisconsin River in Wood County. $415,000 WOOD 1653

Looking for larger property?  Give us a call at 877-339-6535 or email property@buywisconsinland.com and we'll help you find your ideal recreation or investment property.

Liens on Property

A question that sometimes arises during the sale of a property is "does this property have any liens on it?". A great question, since when you make a purchase you don't want to take on anyone else's old problems.

However this problem can be quickly answered by checking the records at the courthouse, which is usually done by the Title Insurance Company prior to closing.  In Wisconsin, once you have a signed and accepted Offer to Purchase, your Real Estate Agent or bank will order the closing paperwork which will include Title Insurance. The Title Insurance Company will review the property records and report back on any liens or encumbrances it finds.  Then it's the Seller's job to take care of these issues before the closing date.

If you have questions about buying real estate, contact us anytime at property@buywisconsinland.com

How's the Market in 2013

Is 2013 the year the economy and real estate markets begin to rise? Stephen Malpezzi, a Professor at the James A. Graaskamp Center for Real Estate Wisconsin School of Business, gives his thoughts in this article published in Wisconsin Real Estate Magazine.

As I write the Graaskamp Center’s annual note to our friends at the WRA, news junkies like myself are toggling between compelling stories of human tragedy, including the December 14 massacre at Sandy Hook, and what AT the moment seems A less compelling-than-usual story of the economy. Mark Twain gave good advice when he said “write what you know”; so I’ll simply note the pain we’re all feeling, then focus on the economy. Once we return our attention there, there’s a lot to focus on!

In last year’s outlook, “Déjà vu All Over Again,” I noted:
“… we’re back to prices at or near fundamentals; employment is growing, albeit slowly; … I see another year of flat-to-modest growth in housing prices, with some downside risk if a big chunk of the “foreclosure glut” hits the market, though this will be less of a problem here than in the ‘sand states.’ If we did see further declines, these would, in the main, be temporary overshooting until we work through the foreclosures and other distressed sales.”

Full Story A Healing Market, Some Risks Remain

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Invest In Your Area

We've all heard the expression "go with what you know". This common sense knowledge can be applied to investing in real estate.

In this article by Mark Podolsky at biggerpockets.com see how this advice can be applied to investing in land.

It's become a cliché, but it really applies to land investing. Invest in what you know or buy in your backyard.  

Basically, if you live in Texas don't start your first land purchase in California. Look first in your own neighborhood.

Full Story Buy What You Know  

Check out all the great wooded acreages available across Wisconsin BuyWisconsinLand.com

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