Real Estate News

Real Estate News

By Jim ParkerNewsDaily News
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Real Estate News episodes

  • Realty Report: Is home staging worth it?

    Realty Report: Is home staging worth it? -

    buyers reasonably come with expectations of what they want their new home to look like, sellers benefit from looking at their home with a buyer’s lens.
    remove visual distractions from your home


    The home improvement items real estate agents say they recommend most to their clients before listing a property include:

    · Decluttering: 96 percent

    · Entire home cleaning: 88 percent

    · Remove pets during showings: 83 percent

    · Professional photos: 73 percent

    · Minor repairs: 72 percent

    · Carpet cleaning: 71 percent

    · Depersonalize home: 65 percent

    · Painting: 58 percent

    · Landscaping: 50 percent

    · Grouting: 30 percent

    Source: “2023 Profile of Home Staging,” National Association of REALTORS®

    NAR Report of Staging

    3 min
  • Mid September 2023 topics

    Appraisals

    What to Know About an HOA


    Real Estate Investors Pull Back, Buying 45% Fewer Homes Than A Year Ago

    Pickleball Courts Serve an Ace for Vacant Malls, Retail Stores

    10 min
  • Miscellaneous Topics - End of August 2023


    7 Bathroom Renovations Under $1,000

    KW to slash profit sharing for former agents 


    New NC legislation comes after real estate firm found enforcing 40-year agreements

    As demand has risen for self-storage in the US, so have prices



    How Much Does it Cost to Build a House in Atlanta, GA in 2023?


    Seven typical buyer questions answered

    8 min
  • Difference between fixtures (real property) and objects (personal property)

    First, it's important for two reasons - (1) Fixtures normally stay with the property and objects go with the seller.   (2) Fixtures are normally attached and go with the sale of property and transfer ownership tio the new owner, unless specifically mentioned they don't.


    What are real estate fixtures? Fixtures are considered real property: They “belong” to the estate. In contrast, personal property belongs to the individual owner (seller or family member) and is generally portable. Fixtures typically transfer their ownership along with the home while you’re free to take personal property with you when you sell. - a feature, item or object that is permanently attached or affixed to the property in some way - it’s been installed to stay in place; it’s not easily portable

    The MARIA test

    To identify whether something is a fixture, agents and other real estate pros apply a sort of test — a set of measures or characteristics to judge whether something counts as a fixture. Each letter in MARIA is an acronym for these criteria, any one of which can affect fixture status:

    • Method of attachment: Items permanently attached to the property, such as by cement or screws are usually considered fixtures.
    • Adaptability: Items adapted to a specific purpose in the home and that have become an essential piece of the home, such as floating flooring or a pool cover, are fixtures.
    • Relationship of the parties: The status of each party can determine whether something is a fixture. If a homeowner installs something, it’s more likely to be considered a fixture than if it was put there by a tenant who is renting the home.
    • Intention: The intent of the person who put the item in the home matters. If they clearly intended it to be a permanent (or sufficiently long-term) addition to the home, such as a stove or washer/dryer, it’s a fixture.
    • Agreement: Anything itemized and identified in a certain way in the purchase and sale agreement gets its status from that agreement. If the contract states something will remain in the home or is a fixture, it becomes one.



      • 5 min

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