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 John Schmidt, Owner/Broker P.O. Box 467 Three Lakes, WI. 54562 Phone 715-546-8052 Fax 715-546-8052 Representing Buyers Exclusively! e-mail calljohn@buyerschoicerealtyllc.com |
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Now you can browse all current Greater Northwoods Multiple Listings from our Web site. Click here! |
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For free information on properties click on (go to form) fill in all the blanks and click on submit. Please fill in as many blanks as possible Frequently asked Questions about the listing Agency Frequently asked Questions about the Buyer Agency WHY BUYING A HOME IS A GOOD INVESTMENT
Frequently asked Questions about the listing Agency. Question: Who represents the seller in a real estate transaction? Answer: The listing real estate agency represents the seller not the buyer.
Question: Does the listing agency have to notify the potential buyer of whom they represent? Answer: Yes! A form called a Disclosure of Agency notifies you whom that real estate agency represents.
Question: Does the seller have to sign a listing agreement? Answer: Yes! The seller must give written permission for the listing agency to sell their property.
Question: When I sign a listing agency agreement am I a customer or a client? Answer: Once the listing agreement is signed, the seller becomes the client of the listing agency.
Question: Whom is the listing agency obligated to? Answer: The listing agency is obligated to do the best they can for the seller not the buyer.
Question: How does the listing agency get paid? Answer: The listing agency receives a percentage of the sale price. This is called a commission.
Frequently asked Questions about the Buyer Agency. Question: Who represents the buyer in a real estate transaction? Answer: Buyer's Choice Realty represents the buyer Exclusively.
Question: Does the buyer have to sign a buyer agency agreement? Answer: Yes! The buyer must give written permission for the buyer's agency to represent them. This must happen before any showings of property occur. Without a buyer agency agreement nobody represents the buyer.
Question: When I sign a buyer agency agreement am I a customer or a client? Answer: Once the buyer agency agreement is signed, the buyer becomes the client of the buyer's agency.
Question: Whom is the buyer's agency obligated to? Answer: The buyer agency is obligated to do the best they can for the buyer not the seller.
Question: How does the buyer's agency get paid? Answer: The buyer agency can receive a percentage of the listing agency commission. In this way, it would not cost the buyer any more to have a buyer's agent working in the buyer's best interest.
Think about it. When purchasing real estate. Why would you want to work with an agent/agency that is doing their best for the seller?
Question: Should each party be represented? Answer: Buyer's Choice Realty believes that each party should have their own representative. Don't you agree?
Buyer's Choice Realty would appreciate the opportunity to represent you in the purchase.
If you have any questions please don't hesitate to call me at 715-546-8052.
Fill in all the blanks in the form below and click on submit. Red means required field Please enter number one priority or any comments
Number one priority is something the property should have.
Click on the Need to Know page read the multiple/ dual agency & discloser of agency) WHY BUYING A HOME IS A GOOD INVESTMENT When you invest in a home, your home could appreciate approximately five percent or higher in one year. A five percent increase does not seem to be that appealing, when stocks have the capability to increase at a higher rate. Your value in stocks could also disappear overnight. We are all aware of how the stock market reacts. There are other advantages to home ownership. For Example: When you purchase a home for $200,000.00 with twenty percent down which is $40,000.00, and you take out a mortgage, for the balance. In the first year with a 5% increase in appreciation, your $200,000.00 home would have increased in value by $10,000.00. Your $40,000.00 investment has earned you 25% or $10,000.00 in the first year. You will be paying a mortgage and property taxes, but the mortgage interest and property taxes are deductible, the government is actual subsidizing the purchase of your home. You have a $40,000.00 initial investment, but your appreciation is based on your $200,000.00 home at the same time you have earned yourself substantial income tax deductions. The amount depends on your mortgage interest rate and your tax bracket. Capital gains laws have also changed. Over the years owning real estate has shown to be a sound investment. When you pay rent you are actually paying some one else's mortgage and you don’t have the advantage of income tax deductions or appreciation. A average 5% increase in appreciation for the first 5 years. First year $210,000.00 2nd year $220,500.00 3rd year $231,525.00 4th year $243,101.25 5th year $255,256.31 Now lets see what the approximate average appreciation in Three Lakes area has been in the last 5 years for the same $200,000.00 home. First Year $218,000.00 2nd Year $237,200.00 3rd Year $258,548.00 4th Year $281,817.30 5th Year $307,180.90 Approximate average 9% this is always changing some years the appreciation is more other years it's less. YOU GET THE IDEA. It’s your choice, stocks and bonds or real estate. Question: So why wouldn't you want a buyer agent ?It's time that the buyers have someone to represent them!
Question: Who has the Largest Chain of fresh water Lakes in the World?Answer: Three Lakes, WI. Chain has 20 Lakes.
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