Posts from July 2024
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26
Update on Changes in Real Estate Process
Background
A recent federal court ruling challenged some of the National Association of Realtors' (NAR) practices. NAR reached a settlement that included significant changes to real estate transactions.
Traditionally, listing agents offer a portion of the total commission charged to a seller as compensation to buyer agents as part of the marketing strategy to sell a property. Offering buyer's agent compensation is one of the most effective uses of marketing funds because it ensures targeted and efficient use of funds, as payment occurs only when the property is sold. Unlike other advertising methods that require upfront investment without guaranteed results, buyer's agent compensation is performance-based-payment occurring only when the property is sold. This approach increases market exposure and aligns the seller's investment with the desired outcome of a successful sale. This commission customarily would cover the cost of the buyer's agent fee,...
11
Summer Home Maintenance Tips
Summer is here and it's time for fun in the sun! But, before you dive into your summer activities, make sure your home is just as ready for the season as you are. Ensure your summer is a relaxing one with these timely home maintenance tips. We hope these maintenance tips will help give you peace of mind so your summer is enjoyable and worry-free. And if you need help tackling large projects, hire a professional! Not only will your Ruhl&Ruhl agent have a trusted recommendation for almost every project on your timeline, but we also have a preferred vendor webpage that will help you get connected with the experts you need.
- Check-in on your HVAC system. Checking to make sure your HVAC filter is clean will help your system work efficiently which translates to more...
8
July Featured Properties
The July featured properties are a wide variety of homes to fit any home buyer's needs. Be sure to share your favorite properties with your real estate agent. Happy house hunting!
Quad Cities
7046 St Ann Drive, Bettendorf, IA 52722 – $639,900
Custom built in 2021! Beautiful and open floor plan with over 3,000 square feet of living space! You will love entertaining in the gourmet kitchen with large island and fabulous walk in pantry. 3 bedrooms and option for a 4th in the basement! This home is move in ready!
Listed by: Connie Coster & Miranda Mendoza
5
The Vital Role of Real Estate Agents: Pricing Your House Right
In the intricate dance of selling your house, few steps are as crucial as determining the right price. It's not just a matter of looking at what similar houses in your neighborhood are listed for and settling on a number. Setting the right price requires a delicate balance of market knowledge, experience, and a deep understanding of your property's unique qualities. And who's often the unsung hero in this process? Your Ruhl&Ruhl agent.
Real estate agents play a pivotal role in helping you price your house right, and here's why:
Market Expertise: One of the primary reasons real estate agents are indispensable in pricing your home is their deep knowledge of the local market. They have their finger on the pulse of trends, fluctuations, and shifts that could affect property values. This knowledge isn'...
1
Worried About Home Maintenance Costs? Consider This
If one of the main reasons you're hesitant to buy a home is because you're worried about the upkeep, here's some information you may find interesting on both new home construction and existing homes (a home that's been lived in by a previous owner).
Newly Built Homes Need Less Upfront Maintenance
If you can afford it, you may find a newly built home could help ease your worries about maintenance costs. Think about it, if everything in the house is brand new, it won't have the wear and tear you may see in an existing home – and that means it's less likely to need repairs. As LendingTree says:
"Since the systems, appliances, roof and foundation are new, you're less likely to pay for major or minor repairs within the first few years of homeownership. That can make a big difference for first-time homebuyers who are adjusting to owning rather than renting."
Plus, many builders also have warranties on their homes that...
