Things to Remember While Home-Shopping [Real Estate 2020]

May 18, 2020 9:14:49 AM / by Brett O'Daniell posted in home shopping, real estate, house hunting, touring homes, homebuyers, housing market, Zillow, housing demand, hometraq

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How do I tour homes while social distancing? [Real Estate 2020]

May 15, 2020 9:32:01 PM / by Brett O'Daniell posted in Home tour, home shopping, real estate, house hunting, touring homes, home tours, open house, homebuying, online home buying

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The Basic Outline of Buying Your First Home [Real Estate Insider]

May 13, 2020 7:27:53 PM / by Brett O'Daniell posted in home shopping, real estate, house hunting, touring homes, home search, online home buying, loan

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Buying a home can be a complicated process and it can really be difficult to decide where you start.  Have no fear! HomeTraq is here to help whenever possible!

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Common Home Buying Questions Answered [Real Estate Insider]

May 6, 2020 7:05:01 PM / by Brett O'Daniell posted in real estate, home search, home purchase, before you buy, buying a home, homebuying, online home buying, innovation

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How to lower the costs of buying a home [4 Insider Tips]

May 3, 2020 4:23:16 PM / by Brett O'Daniell posted in Home tour, home shopping, real estate, home search, home purchase, before you buy, buying a home, online home buying

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Buying a new home can be a really exciting time, but it can also be a bit stressful and overwhelming. Closing costs are often a point of concern for first-time homebuyers. How much will they be? Will you have enough money to cover the costs? What do closing costs even cover?

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Home listing status changes for the Covid-19 outbreak [Real Estate Insider]

Apr 11, 2020 8:11:38 PM / by Brett O'Daniell posted in real estate, listing, realtor, homes for sale, MLS, homebuying, selling home, innovation

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Considering the changes to business caused by the Coronavirus, the multiple listing service (MLS) has decided to implement new status definitions ahead of schedule, effective 4/1/2020. 

Ironically known as the "Clear Cooperative Policy," this is now implemented to comply with National Association of REALTORS standards.  Home sellers now have the choices of marketing their home under Active, Coming Soon, Withheld, Hold, Withdrawn, or Cancelled statuses.  These listings must be available in the local multiple listing service (MLS) within five (5) business days of the seller signing a listing contract with a real estate broker.

Within one (1) business day of marketing a property to the public, the listing broker must submit the listing to the MLS for cooperation with other MLS participants.  Public marketing includes, but is not limited to, flyers displayed in windows, yard signs, digital marketing on public facing websites, brokerage website displays (including IDX and VOW), digital communications marketing (email blasts), multi-brokerage listing sharing networks, and applications available to the general public.

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Live Video Tours [House-Hunting 2020]

Mar 31, 2020 3:23:12 PM / by Brett O'Daniell posted in home shopping, real estate, touring homes, home showings, home tours, innovation

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With recent events HomeTraq very quickly put into place Live Video Tours so that people can now have the option do have a video call with an agent to tour the home. But which one suits you? 

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Real Estate Insider Tips [Procuring Clause]

Mar 16, 2020 9:20:36 AM / by Mark Gorman posted in real estate, buyer's agent, commission, homebuyers, dual agency, representation, listing agent, selling agent, home showings, disclosure, negotiation, procuring cause, home tours

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"Procuring cause" is a real estate term which agents, brokers and sometimes buyers use to determine who will receive the commission on a house sale. It is widely identified by the specific tasks performed by a real estate agent which lead to an accepted purchase contract and successful sale of real estate.  

In many cases, the "procuring cause" task could be identified as the first showing of a house by a real estate agent which a buyer purchases. "Procuring cause" could also be construed to mean the task of writing and negotiating the purchase offer. Since there is no hard and fast rule as to what specifically triggers "procuring cause", its easy to see how this situation can get tricky.

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Real Estate Master Terms [Home-Buying Guide]

Mar 10, 2020 4:20:50 PM / by Brett O'Daniell posted in home shopping, real estate, house hunting, home purchase

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Handling The Home-Inspection [8 Pro Insights]

Mar 4, 2020 2:00:51 PM / by Brett O'Daniell posted in real estate, home inspection, homebuyers, housing market, homes for sale, selling agent, home tours, homebuying, selling home

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