Memphis Real Estate Blog

How to Use Customer Service in Real Estate to Your AdvantageWhether a real estate agent is having trouble establishing themselves in their field or they're just starting to feel stagnant, they may want to consider how customer service can help them get their goals back on track. While good customer service and great real estate marketing techniques are not the only skill real estate agents needs to have, good customer service is one that can truly set them apart from their competition. Regardless of your specialty, see why customer service should be a top priority.

Going the Distance

Unlike many sales positions, real estate agents have to interact with their clients for weeks or months at a time. After another Saturday of touring open houses, it's easy for a real estate agent to lose their

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Why FSBO Could Cost More than Hiring an AgentSelling a home through for sale by owner (FSBO) may seem like a big savings. The truth could be far more complicated. Here are five reasons why FSBO may not pan out for sellers.

1. No Professional Assistance

The home selling process is a huge undertaking. Sellers are trying to gain as much as possible from the transaction. A lot of that money is gained or lost in the entire transactional process. With the help of a real estate agent, people know what to do and what not to do. They get advice on how to prepare their home for sale and what works for buyers in the neighborhood. Without that help, sellers are on their own to do the prep work, marketing, and selling the home.

2. Higher Possibility of Liability

The government is invested into

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Escrow Funds Relating to Real Estate Transactions Have Strict ControlsAn almost universal practice when buying or selling a home is that some funds will be held in a separate escrow account by a third party agent not a party to the specific transaction. Escrow funds typically include the initial buyer deposit, but they may also include the full down payment, brokers fees and commissions, insurance and taxes, and even funds designated for required repairs.

Escrow accounts are not limited to real estate transactions. But for real estate, there are specific rules governing escrow deposits, and the practices vary from one state to another. Most commonly, escrow funds are held in non-interest-bearing accounts. The funds are not at risk; instead they are held in trust and disbursed according to well-defined guidelines,

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How to Use Mortgage Interest Rates When Home BuyingFor many people, buying a home means obtaining a mortgage. And with such a large amount of money on the line, home buyers need to understand the details of the mortgage process. One detail often overlooked in the process are home mortgage interest rates. What are mortgage interest rates and how do they affect a mortgage or the buying process?

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

What Determines Mortgage Interest Rates

There are a variety of factors that change mortgage interest rates. Some of these factors are related closely to the mortgage industry, while others are only tangentially tied to it. As a general rule, certain types of loans

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Real Estate Investment InformationFor the right person, real estate investment can lead to wealth and financial success. However, before getting started in real estate investment, it's important to know the different types of real estate investment and where to begin. People who are interested in investing in real estate must start by doing research, picking a type of investment, getting a loan, gathering funds and other activities.

For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.

Lenders, Down Payments and Loans

Many people who get their start in real estate investment must first get a loan. Loans for investment properties are different than loans for personal residences. Specifically, investors

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How to Improve Insulation In The HomeInsulation helps keep homes comfortable in times of hot or cold weather. Insulation also helps home heating and cooling systems run more efficiently. This can save a homeowner hundreds or thousands of dollars on heating and cooling bills. Additionally, more homes being built today are considered green and have more insulation and energy saving advantages than homes built years ago. For homeowners, it's important to know about insulation and how it can improve quality of life. This FAQ insulation guide may be helpful.

What Is Home Insulation & How Does It Work?

Home insulation is any product that acts as a barrier for heat. Most insulation is found inside the walls, floors and ceilings of the home. Insulation prevents hot air from escaping or

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Most Common Household DangersPeople often feel most safe and secure within their home, because this is their private space where they feel comfortable and confident in their surroundings. However, some of the greatest dangers are hidden in plain sight within their Germantown home.

These are common household dangers that may be surprising to some:

Smoke Detectors

This often comes as a shock to some, since smoke detectors are put in place to protect homeowners and to alert them in the event of rising smoke or burning flames. However, smoke detectors can quickly become a household danger when they are not properly maintained. Changing the batteries in the smoke detector is easy to forget, but a smoke detector with dead batteries will not work. Homeowners should change

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What to Know Before Buying a Home Security SystemWith the home security systems available today it can be hard to make a choice. Some considerations for homeowners should include understanding the basic features covered and the quality of customer service after a sale in order to avoid a potential headache. Even with solid basic home security systems on the market, homeowners may want to invest in an advanced home security system that includes home automation features, fire and carbon monoxide detectors and motion sensors. Much depends on the needs of the homeowner and their budget when it comes time to make a final decision.

Use the following suggestions when it comes time to buy a home security system.

What Do Customers Think?

In this day and age it is relatively easy to check out

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How Your Credit Score Affects the Terms of Your Home LoanCredit scores can be difficult to think about sometimes, but potential home buyers need to understand them before they start their real estate journey. Those three numbers can set the course for the entire process, so it's crucial for setting the right expectations and avoiding potential pitfalls. Lenders can be industrious when it comes to handling people with less-than-perfect credit scores, and their tactics can land buyers in hot water if they're not careful.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Savings and Loans

Conventional loans for homes offer very few provisions and contingencies, which is why they can be so attractive to home

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Lighting Guide for HomeownersHome lighting can make a big impact on the way people feel when they're indoors. For homeowners living in homes with poor lighting, there are many things that can be done to make improvements. These lighting tips can help homeowners save money while making their homes more attractive and functional with modern lighting.

Go Natural

Natural lighting is free and attractive. Bringing more natural light into the home can make it a more relaxing place to spend time indoors. Even if the windows in a room are small, there are many things that can be done to allow more light in through the windows.

  • Remove heavy curtains and replace them with sheers.
  • Place mirrors on the walls opposite the windows to bounce natural light around the room.
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