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Frequently Asked Questions

Real Estate
What is the first step in selling my property?

The first step in selling a property is finding a good real estate agent or agency, like us!

Once you find a real estate brokerage that you would like to use, you will need to find the value of your property. This is done in two way. 

1. Getting an appraisal. An appraisal is a profession valuation of your property based on multiple factor (market trends, comparible sales, property income, etc.). 

2. Getting a Brokers Price Opinon (BPO). A BPO is when a real estate broker will give you an estimated value of your property using their knowledge of the currrent market. 

What is real estate?

Real estate refers to land, including any structures or natural resources attached to it, such as buildings and water.

How does the real estate market work?

The real estate market involves the buying and selling of properties. Prices are influenced by supply and demand, economic factors, and location.

What is the difference between a real estate agent and a realtor?

A real estate agent is licensed to help people buy, sell, or rent properties, while a Realtor is a member of the National Association of Realtors, adhering to a code of ethics.

What is a mortgage?

A mortgage is a loan used to purchase real estate. The property itself serves as collateral for the loan.

How does the mortgage application process work?

It involves submitting financial information to a lender who assesses your creditworthiness to determine the loan amount and interest rate.

Appraisals
How much does it cost to get an appraisal done?

Prices start at $1,200 for farm and ranch land. 

Prices start at $650 for residential properties.