Things You Should Lnow About How Real Estate Agents Differ

Things You Should Lnow About How Real Estate Agents Differ
Here's a brief look at some of the details you should know prior to disclosing confidential information to a Real Estate Agent:
Seller's Agent

• An agent working for the firm that holds a seller's listing. An agent working for a firm belonging to an affiliated or local Board of Realtors is called a seller's sub agent, and is in the same category.
• The agent's loyalty is with the seller.
• Buyers should not give confidential information to a seller's agent.
• Assume any agent is a seller's agent unless you've signed a contract to change that status.

Buyer's Agent

• An agent who has signed a contract to represent a buyer in a home search and transaction.
• The agent's loyalties are to the buyer.
• Buyer's agents should not disclose confidential information about the buyer to the seller or seller's agent.
• Some buyer's agents work exclusively with buyers, taking no listings. Many do both.

Dual Agent

• An agent who works for the firm that holds a seller's listing, and who has signed a contract to represent a buyer who wishes to purchase that listing.
• The agent has a loyalty to both the buyer and seller.
• Dual agency must usually be agreed to in writing by both the buyer and the seller.

The best thing you can do to protect yourself in any real estate transaction is to make sure you have an agent on your side who is looking out for your best interests! Please contact me if you are planning to buy, sell, rent or lease a property in the North Dallas area! I will be on your side!Www.GeniyaK.com

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Did You Know..... Frisco TX

Did you know..... FRISCO TX



5 facts about Frisco TX:

• Now known as Preston Rd, what started out as Shawnee Trail, is one of the oldest North / South roads in all of Texas!
• Ranked #4 best places to Re Locate to in the US.
• Overall ranked as #9 Best School System in Texas
• In 2010, 11.41% of the cities population worked for the Frisco Independent School District, making it the #1 employer in the city!!!
• Frisco is home to four (4) professional athletic facilities. They include Dr. Pepper Ball Park, Pizza Hut Park, Dr. Pepper Arena and the Superdome.

So if you are like me, and fall in love with this town, let me help you be one of the many happy newcomers to now call this beautiful place home! www.GeniyaK.com

Which home improvements give the BEST payback?

Which home improvements give the best payback? If you’re thinking about remodeling your kitchen, or finishing your basement, you probably want to get your investment back when you sell your home. But when it comes to payback value of home improvements, some are definitely more profitable than others. As a general rule, kitchen and bathroom projects usually get a nice return on investment, typically 90% or more. Things like adding rooms or finishing basements tend to pay back the least. Finishing a basement usually returns less than 50%, so it’s not a project likely to show profit at selling time. There are a number of factors that go into determining how well a project will pay back. Payback value depends a lot on the current market conditions in your area. If the market is hot and homes are selling fast, you can expect a higher payback value than you would get in a slow market. The type of project you do and how it fits in with other homes in the area can have a big influence on payback too. If you put your money into the wrong type of improvement, you won’t get your money back. But if you're smart about what you do, you can make money. The payback will be better on improvements that are in demand and conform to neighborhood standards. Adding a second bathroom in a neighborhood where most homes have two bathrooms will give a high return on investment. Building a large addition that makes your home twice as big as the other homes on the block probably won’t pay back very well. Likewise, the popularity of a project will factor into how much it pays back. An improvement heavily customized to your wants and needs won’t pay back as well as something more common to other homes in the neighborhood. Another factor to consider is the cost of the improvements. If you can do the work yourself, you can save significantly on the cost of the project and greatly improve the chances of getting a good return on the investment. The list below is compiled from several published surveys and shows typical payback for some popular remodeling projects: Kitchen remodeling – 90% Add a bathroom – 90% Bathroom remodeling – 80% Install central heating – 90% Install central air – 75% Add a deck – 70% Replace windows – 70% Add a room – 55% Build a pool – 45% Finish a basement – 40%

Know your options when selling your home!

You need someone who will know the best way to market the improvements you have made to your home, for that and much more, contact me at www.GeniyaK.com