When you’re selling a home, hiring a real estate agent is important. Your listing agent will help you market the property, set the price, and negotiate for the best offer. Unfortunately, hiring an agent can be very expensive as you traditionally have to pay a 6% commission fee. That fee is split […]
For an investor, nothing’s more deflating than the prospect of paying capital gains taxes on their property sale. In some cases, capital gains can eat up the majority of a sale’s profits, and the formula used to calculate capital gains can be extremely confusing to anyone who’s not a tax professional. So what is capital […]
Redefy is a discount real estate brokerage that will sell your home for a $3,500 flat fee or 1% if your home sells for over $1,000,000. Founded in 2011, Redefy currently operates in markets in nine U.S. states; Colorado, Florida, Georgia, Illinois, North Carolina, South Carolina, Tennessee, Texas, and Virginia. […]
A home sale is probably the most complicated financial transaction the average American will ever participate in. Hundreds of thousands of dollars change hands, everyone from real estate agents to county officials to bank and mortgage employees are involved. Not to mention local, state, and federal laws have to be satisfied. It’s […]
For years, 3% real estate agents had a virtual monopoly on the real estate market. But traditional agents now face competition from low commission agents who offer 2% or even 1% commission— often for the same services that the full commission agent is offering. What are the drawbacks of […]