How Do Real Estate Agents Get Paid?
How do realtors get paid?💰 In Virginia, home sellers pay real estate commission fees from the proceeds of their house for both agents involved in a deal. Offering to pay for the buyer’s agent’s commission is an incentive for agents to show your listing to their clients. These two agents typically s
The Two Big Issues The Housing Market's Facing Right Now
The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of
Fairfax and Loudoun January 2023 Market Update
How did the real estate market perform across Fairfax and Loudoun County in the first month of 2023?! Danielle Wateridge, Team Lead and Realtor with The Wateridge Group breaks down the data and touches on the changes our team saw first hand as we emerge into the spring market. The data doesn't lie i
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