Okay, so youre thinking about getting or selling in Pleasanton, California in 2025? Pleasanton Real Estate Agent: Find Your Dream Home Now! . Smart move! Its a fantastic place to live. Lets speak about what the real estate market may appear like after that. Homes for Sale Near Pleasanton BART – commute friendly, sanity approved.
Think of it such as this: Pleasantons constantly been a desirable area, which not likely to transform considerably. Were probably visiting an extension of some key trends. Rates of interest will obviously play a huge role. If they stay high, that might cool things down a bit, making it a bit much easier for purchasers. If they drop, expect even more competitors.
Supply, meaning the number of homes available, is one more huge factor. If there aren't lots of homes on the marketplace, costs tend to stay high. New construction might help ease that, however Pleasanton isn't specifically stretching with new advancement. So, expect a quite open market in general.
Predictions are always complicated, but Id wager on continued need for Pleasantons wonderful institutions, safe communities, and hassle-free location. These are points that continually attract individuals. Millennial and Gen Z customers will likely be entering the marketplace increasingly more, shaping what sort of homes are preferred. Think smaller sized, much more lasting, and tech-friendly.
Ultimately, browsing the Pleasanton real estate market in 2025 will have to do with recognizing these patterns and having a person that recognizes the local area inside and out. Thats where I can be found in. Consider me your guide to finding the excellent Pleasanton home, or obtaining the best feasible rate if youre selling. Allows conversation and make a plan that fits your needs and goals.
Okay, so youre considering making Pleasanton your home in 2025? Smart move! As your pleasant Pleasanton real estate agent, Ive got my finger on the pulse of the town and can tell you, its a great location to be. But Pleasanton isn't just one large, homogenous block of residences. Its a collection of special areas, each with its very own ambiance and allure. So, lets radiate an area spotlight on a few top locations that you must absolutely think about as you begin your house search.
Initially, youve obtained the historical downtown location. Assume tree-lined streets, captivating Victorian homes, and a genuine feeling of area. Youre actions far from fantastic dining establishments, shops, and the farmers market. Its perfect if you love walkability and being in the heart of the action.
After that, theres the more recent development in the Bernal location. These homes are usually bigger and more contemporary, with roomy yards. Youre likewise near parks, trails, and premier institutions, making it a terrific choice for family members.
And allows not forget the areas closer to capitals. Right here, youll find larger lots, spectacular sights, and a more tranquil, private ambience. Its suitable for those that value nature and a little bit of personal privacy.
Of course, these are simply a few highlights. Every community in Pleasanton has something special to use, and the best suitable for you will rely on your individual requirements and choices. Thats where I come in! I can help you explore these locations in even more information, answer your inquiries, and overview you towards the excellent Pleasanton area to call home in 2025. Lets locate your desire spot together!
Purchasing a home in Pleasanton in 2025? Amazing, appropriate? However allows be honest, navigating the real estate market can seem like attempting to decode a secret code. Thats where a great Pleasanton real estate agent is available in-- think about them as your regional guide, your translator, and your supporter all rolled right into one. This isn't just about locating a house; its regarding locating your home, and doing it with confidence.
So, what are the actions? Initially, find out your spending plan. Talk with a loan provider, obtain pre-approved, and recognize what you can reasonably manage. This stops broken heart later on. Next, partner with a top-notch Pleasanton real estate agent. Real Estate Agent Pleasanton knows how to find your dream home faster than your GPS can say "recalculating." Theyll understand the areas, the schools, the concealed gems, and, crucially, the present market patterns. Consider them as having their finger on the pulse of Pleasanton real estate.
After that comes the enjoyable part: looking! Your representative will curate listings based on your needs and wants, assisting you via open houses and personal provings. Once you discover "" the one,"" theyll assistance you craft a competitive offer, bargaining in your place to obtain the very best feasible price and terms.
After your deal is approved (hooray!), theres still work to do. Evaluations, evaluations, and documents galore! Your agent will coordinate every one of this, making sure everything runs efficiently and you comprehend each step. Ultimately, closing day shows up-- authorizing the documents and formally becoming a Pleasanton homeowner.
It might sound like a lot, but with a knowledgeable Pleasanton real estate agent at hand in 2025, the home getting process can be a remarkably smooth and even satisfying trip. Theyre there to address your questions, reduce your worries, and make your dream of having a home in Pleasanton a truth.
Okay, so youre imagining owning a home in Pleasanton in 2025? Amazing! Its a stunning location to live. However allows be actual, acquiring a home, specifically in a preferable area like Pleasanton, includes some severe monetary planning. Think of this guide as your friendly neighborhood real estate agent, all set to debunk the mortgage procedure and supply some helpful ideas.
First things initially: financing. Thats where mortgage alternatives can be found in. Theres no one-size-fits-all remedy below. Are you considering a fixed-rate mortgage for foreseeable monthly settlements, or a variable-rate mortgage that might start lower yet could rise and fall? What regarding government-backed car loans like FHA or VA, which can be fantastic choices for certain customers? Comprehending these various types is key.
And its not just about choosing a financing type. Its about understanding your credit rating, your debt-to-income proportion, and how much of a down payment you can genuinely manage. Lenders are mosting likely to check out all of these factors when determining whether to authorize your application and what interest rate to provide.
Heres where your pleasant Pleasanton real estate agent comes in handy. We can assist you browse the lending landscape, attach you with credible mortgage brokers, and also give you some pointers on exactly how to improve your monetary account before you also begin considering homes. Think about us as your resource throughout the entire procedure.
Remember, acquiring a home is a huge choice. Don't rush into it. Take the time to discover your financing options, get pre-approved for a mortgage, and collaborate with a trusted real estate professional that recognizes the Pleasanton market in and out. With the ideal preparation and advice, that fantasize Pleasanton home can absolutely become a reality in 2025!
Discovering the best real estate agent in Pleasanton can seem like looking for that ideal set of pants-- you know what you want, however it takes some trying out to find the fit thats just right. And in 2025, with the Pleasanton real estate market continuously changing, having an experienced and personalized representative at hand is more critical than ever.
Its not almost locating a person who can open doors and procedure documentation. Its regarding discovering someone who recognizes your needs, your lifestyle, and your vision for your future home. Do you envision an expansive estate in Ruby Hill, or a relaxing apartment downtown? Do you focus on premier institutions, very easy access to hiking trails, or a vibrant social scene? A great Pleasanton representative will listen to your priorities and tailor their search as necessary.
Dealing with a Pleasanton real estate agent must feel like a collaboration, not a transaction. Try to find a person that connects plainly, responds promptly, and really cares about helping you accomplish your real estate objectives. Do not be afraid to interview multiple agents and ask concerning their experience, their techniques, and their connection to the Pleasanton area. Nevertheless, youre delegating them with a substantial investment and a pivotal life choice. Discovering the best fit deserves the effort-- it can make all the distinction in browsing the 2025 Pleasanton real estate landscape with self-confidence and ultimately finding your dream home.
Thinking about planting origins in Pleasanton? Youre not the only one! This captivating California town is humming, and for good reason. Investing in Pleasanton real estate supplies an engaging mix of lifestyle benefits and financial opportunities. But browsing the market, specifically as we look in the direction of 2025, calls for a clever technique.
Fail to remember the get-rich-quick schemes. Real estate in Pleasanton is about lasting value. Were talking about a community with premier colleges, lovely parks, a dynamic downtown, and a practical place close to major job facilities in the Bay Location. These aren't simply nice-to-haves; theyre the bedrock of a stable and valuing market.
So, what are some approaches for optimizing your financial investment? First, work with a knowledgeable neighborhood expert. Someone that comprehends the nuances of Pleasantons different communities, the license process, and the future development plans. Think about them as your personal Pleasanton real estate tourist guide.
Second, consider your investment goals. Are you trying to find a family members home, a rental property, or a flip chance? Each course needs a various technique. As an example, a family might focus on distance to certain institutions, while a capitalist could concentrate on buildings with improvement potential.
Finally, don't hesitate to assume outside the conventional single-family home. Condominiums, townhouses, and even vacant land can offer outstanding opportunities, especially as Pleasanton remains to progress.
Looking ahead to 2025, working with a dedicated real estate agent who understands Pleasanton throughout is more essential than ever. They can give you with a "" Home Guide"" viewpoint, keeping you notified regarding market fads, potential challenges, and, most importantly, the best buildings to match your dreams and economic objectives. Investing in Pleasanton real estate is a financial investment in your future, and with the right method and a relied on guide, that future looks bright.
Alright, so youre thinking about growing roots in Pleasanton, California in the near future, perhaps even 2025? Superb option! As a real estate agent operating in Pleasanton, allow me repaint you a photo of what life is actually like below, beyond the glossy brochures. Its greater than simply homes; its about the community and the way of living.
Pleasanton is a location where you can truly really feel a sense of belonging. The midtown area is the heart of all of it, a lovely mix of historical structures real estate in your area possessed shops, dining establishments with incredible exterior patios, and that classic sectarian feeling. Anticipate to spend weekends walking Main Road, getting hold of coffee at a local coffee shop, and perhaps catching a performance in the park. Community events are a large offer right here, from farmers markets rupturing with fresh fruit and vegetables to vacation ceremonies that bring every person with each other.
The lifestyle below is energetic, but not in a frantic, big-city sort of means. Believe much more relaxed and outdoorsy. There are lots of parks and routes for treking, cycling, and just appreciating the California sunlight. Buy a Home in Pleasanton without losing your sanity or your weekends. Families are a large part of the Pleasanton ambiance, so youll find fantastic institutions and lots of tasks geared towards children. Expect to see youngsters playing sporting activities in the parks and families picnicking on weekend breaks.
Naturally, remaining in the Bay Location, Pleasanton offers a hassle-free location. Youre close sufficient to San Francisco and Silicon Valley for job or entertainment, but far enough away to escape the hustle and bustle. Commuting can be a factor, so thats something wed most definitely review if youre major regarding acquiring.
For 2025, expect the real estate market to continue to be competitive, yet with an excellent strategy and a knowledgeable agent on your side, finding your desire home in Pleasanton is definitely possible. Well browse the marketplace with each other, focusing on discovering a place that fits your demands and straightens with the Pleasanton lifestyle youre looking for. Greater than simply a house, well discover you a home in a neighborhood youll love.
Pleasanton is a city in Alameda Area, The Golden State, USA. Found in the Amador Valley, it is a high end residential area in the East Bay region of the San Francisco Bay Location. The population was 79,871 at the 2020 demographics. In 2005 and 2007, Pleasanton was rated the wealthiest middle-sized city in the USA by the Demographics Bureau. Pleasanton is home to the headquarters of Safeway, Workday, Ellie Mae, Roche Molecular Diagnostics, Blackhawk Network Holdings, Veeva Solutions, and Simpson Manufacturing Firm. Various other significant employers consist of Kaiser Permanente, Oracle, and Macy's. Although Oakland is the Alameda Region seat, a couple of region workplaces lie in Pleasanton. The Alameda Area Fairgrounds are located in Pleasanton, where the county fair is held during the recently of June and the very first week of July. Pleasanton Ridge Regional Park is situated on the west side of town.
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Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.[1][2] In terms of law, real relates to land property and is different from personal property, while estate means the "interest" a person has in that land property.[3]
Real estate is different from personal property, which is not permanently attached to the land (or comes with the land), such as vehicles, boats, jewelry, furniture, tools, and the rolling stock of a farm and farm animals.
In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state.[3]
The natural right of a person to own property as a concept can be seen as having roots in Roman law as well as Greek philosophy.[4] The profession of appraisal can be seen as beginning in England during the 1500s, as agricultural needs required land clearing and land preparation. Textbooks on the subject of surveying began to be written and the term "surveying" was used in England, while the term "appraising" was more used in North America.[5] Natural law which can be seen as "universal law" was discussed among writers of the 15th and 16th century as it pertained to "property theory" and the inter-state relations dealing with foreign investments and the protection of citizens private property abroad. Natural law can be seen as having an influence in Emerich de Vattel's 1758 treatise The Law of Nations which conceptualized the idea of private property.[6]
One of the largest initial real estate deals in history known as the "Louisiana Purchase" happened in 1803 when the Louisiana Purchase Treaty was signed. This treaty paved the way for western expansion and made the U.S. the owners of the "Louisiana Territory" as the land was bought from France for fifteen million dollars, making each acre roughly 4 cents.[7] The oldest real estate brokerage firm was established in 1855 in Chicago, Illinois, and was initially known as "L. D. Olmsted & Co." but is now known as "Baird & Warner".[8] In 1908, the National Association of Realtors was founded in Chicago and in 1916, the name was changed to the National Association of Real Estate Boards and this was also when the term "realtor" was coined to identify real estate professionals.[9]
The stock market crash of 1929 and the Great Depression in the U.S. caused a major drop in real estate worth and prices and ultimately resulted in depreciation of 50% for the four years after 1929.[10] Housing financing in the U.S. was greatly affected by the Banking Act of 1933 and the National Housing Act in 1934 because it allowed for mortgage insurance for home buyers and this system was implemented by the Federal Deposit Insurance as well as the Federal Housing Administration.[11] In 1938, an amendment was made to the National Housing Act and Fannie Mae, a government agency, was established to serve as a secondary market for mortgages and to give lenders more money in order for new homes to be funded.[12]
Title VIII of the Civil Rights Act in the U.S., which is also known as the Fair Housing Act, was put into place in 1968 and dealt with the incorporation of African Americans into neighborhoods as the issues of discrimination were analyzed with the renting, buying, and financing of homes.[13] Internet real estate as a concept began with the first appearance of real estate platforms on the World Wide Web (www) and occurred in 1999.
Residential real estate may contain either a single family or multifamily structure that is available for occupation or for non-business purposes.[14]
Residences can be classified by and how they are connected to neighbouring residences and land. Different types of housing tenure can be used for the same physical type. For example, connected residences might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns.[15]
According to the Congressional Research Service, in 2021, 65% of homes in the U.S. are owned by the occupier.[16]
Other categories
The size of havelis and chawls is measured in Gaz (square yards), Quila, Marla, Beegha, and acre.
See List of house types for a complete listing of housing types and layouts, real estate trends for shifts in the market, and house or home for more general information.
Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate.[17]
Environmental surveying is made possible by environmental surveyors who examine the environmental factors present within the development of real estate as well as the impacts that development and real estate has on the environment.
Green development is a concept that has grown since the 1970s with the environmental movement and the World Commission on Environment and Development. Green development examines social and environmental impacts with real estate and building. There are 3 areas of focus, being the environmental responsiveness, resource efficiency, and the sensitivity of cultural and societal aspects. Examples of Green development are green infrastructure, LEED, conservation development, and sustainability developments.
Real estate in itself has been measured as a contributing factor to the rise in green house gases. According to the International Energy Agency, real estate in 2019 was responsible for 39 percent of total emissions worldwide and 11 percent of those emissions were due to the manufacturing of materials used in buildings.[18]
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Real estate development involves planning and coordinating of housebuilding, real estate construction or renovation projects.[19] Real estate development can be less cyclical than real estate investing.[20]
In markets where land and building prices are rising, real estate is often purchased as an investment, whether or not the owner intends to use the property. Often investment properties are rented out, but "flipping" involves quickly reselling a property, sometimes taking advantage of arbitrage or quickly rising value, and sometimes after repairs are made that substantially raise the value of the property. Luxury real estate is sometimes used as a way to store value, especially by wealthy foreigners, without any particular attempt to rent it out. Some luxury units in London and New York City have been used as a way for corrupt foreign government officials and business people from countries without strong rule of law to launder money or to protect it from seizure.[21] Investment in real estate can be categorized by financial risk into core, value-added, and opportunistic.[22]
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The Tri-Valley area is grouping of three valleys in the East Bay region of California's Bay Area. The three valleys are Amador Valley, Livermore Valley, and San Ramon Valley. The Tri-Valley encompasses the cities of Dublin, Livermore, Pleasanton and San Ramon, the town of Danville, and the CDPs of Alamo, Blackhawk, Camino Tassajara, Diablo, and Norris Canyon. The area is known for its Mediterranean climate, wineries, and nature. It is primarily suburban in character. The total population of the Tri-Valley was 400,213 at the 2020 U.S. Census. It offers more affordable living accommodations than the cities of San Francisco and San Jose.[1][2]
The Ohlone tribe settled the area circa 2000 BC, particularly in the northern part of Pleasanton. In AD 1772, however, Spanish settlers involved with the nearby mission work at Mission San Jose restructured the Ohlone way of life.[3][4]
The area began to be developed when the Gold Rush ended. During this period, the area went from being marshland to agricultural.[5]
The climate of the Tri-Valley is mild. Most rain falls in the winter. Snow almost never occurs, although it sometimes falls on the tops of surrounding mountains, especially Mt. Diablo. Summer days are in the 80s to over 100 °F, but nights are often cool. In winter, daytime temperatures reach the 50s and 60s, while nights are in the 30s and 40s, dipping on rare occasions into the 20s. Mean annual rainfall ranges from about 14 in (360 mm) in Livermore to 23 in (580 mm) in Alamo.[6]
The Tri-Valley is serviced by WHEELS, operated by the Livermore Amador Valley Transit Authority (LAVTA), a bus agency that operates local bus service throughout Livermore, Pleasanton and Dublin, including service to Hacienda Business Park, Lawrence Livermore National Laboratory, Las Positas College, Stoneridge Mall, the West Dublin/Pleasanton BART Station and the Dublin/Pleasanton BART station.
Two major highways, Interstates 580 and 680 cross the Tri-Valley area. Interstate 580 runs east-west, connecting the area to the Central Valley to the east and the North Bay area to the west. Interstate 680 runs north-south, connecting the area to the South Bay area in the south, and the Concord-Walnut Creek area in the north. The two interstates cross on the border of Dublin and Pleasanton.
The Tri-Valley area is also serviced by BART, offering service to the rest of the San Francisco Bay Area via two stops: West Dublin/Pleasanton and the Dublin/Pleasanton terminus station.[7] The West Dublin/Pleasanton Station opened in 2011, and was the first infill station on an existing line. In 2018, BART cancelled plans[8] to extend the line to Livermore. However, the Tri-Valley–San Joaquin Valley Regional Rail Authority is in the planning process[9] for a rail connection between BART, ACE, and the San Joaquin Valley called the Valley Link.
The Tri-Valley is home to the corporate headquarters of many companies, including 10X Genomics, 24 Hour Fitness, Architectural Glass and Aluminum, Bay Area News Group, Blackhawk Network Holdings, CallidusCloud, Chevron, The Cooper Companies, Discovery Toys, Ellie Mae, GE Digital, Gillig Corporation, Patelco Credit Union, Prosoft Engineering, Ross Stores, SafeAmerica Credit Union, Safeway, Shaklee, TriNet, Veeva Systems, Visioneer, WANdisco, The Wine Group, Product10x Accelerator, Salestable and Workday.
Major employment centers include Bishop Ranch and Hacienda Business Park.
Lawrence Livermore National Laboratory and Sandia National Laboratories are also major employers in the region.
The Tri-Valley features access to many recreational options, including Alviso Adobe Community Park, Blackhawk Museum, Brushy Peak Regional Preserve, Del Valle Regional Park, Dublin Hills Regional Park, Eugene O'Neill National Historic Site, Forest Home Farms, Iron Horse Regional Trail, Las Trampas Regional Wilderness, Little Hills Picnic Ranch, Livermore Valley Wine Country, Morgan Territory Regional Preserve, Mount Diablo State Park, Pleasanton Ridge Regional Park, Shadow Cliffs Regional Recreation Area and The Wave Waterpark.
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Real estate agents and real estate brokers are people who represent sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients.[1] Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions.
A real estate broker typically receives a real estate commission for successfully completing a sale. Across the U.S, this commission can generally range between 5-6% of the property's sale price for a full-service broker but this percentage varies by state and even region.[2]
In most jurisdictions in the United States, a person must have a license to perform licensed activities, and these activities are defined within the statutes of each state. The main feature of the requirement for having a license to perform those activities is the work done "for compensation". Hence, hypothetically, if a person wants to help a friend out in either selling or buying a property, and no compensation of any kind is expected in return, then a license is not needed to perform all the work. However, since most people would expect to be compensated for their efforts and skills, a license would be required by law before a person may receive remuneration for services rendered as a real estate broker or agent. Unlicensed activity is illegal and the state real estate commission has the authority to fine people who are acting as real estate licensees, but buyers and sellers acting as principals in the sale or purchase of real estate are usually not required to be licensed. It is important to note that in some states, lawyers handle real estate sales for compensation without being licensed as brokers or agents. However, even lawyers can only perform real estate activities that are incidental to their original work as a lawyer. It cannot be the case that a lawyer can become a seller's selling agent if that is all the service that is being requested by the client. Lawyers would still need to be licensed as a broker if they wish to perform licensed activities. Nevertheless, lawyers do get a break in the minimum education requirements (for example, 90 hours in Illinois).[3]
Some other states have recently eliminated the salesperson's license, instead, all licensees in those states automatically earn their broker's license.
The term "agent" is not to be confused with salesperson or broker. An agent is simply a licensee that has entered into an agency relationship with a client. A broker can also be an agent for a client. It is commonly the firm that has the actual legal relationship with the client through one of their sales staff, be they salespersons or brokers.
In all states, the real estate licensee must disclose to prospective buyers and sellers the nature of their relationship [4]
Some U.S. state real estate commissions – notably Florida's[5] after 1992 (and extended in 2003) and Colorado's[6] after 1994 (with changes in 2003) created the option of having no agency or fiduciary relationship between brokers and sellers or buyers.
As noted by the South Broward Board of Realtors, Inc. in a letter to State of Florida legislative committees:
"The Transaction Broker crafts a transaction by bringing a willing buyer and a willing seller together and provides the legal documentation of the details of the legal agreement between the same. The Transaction Broker is not a fiduciary of any party, but must abide by the law as well as professional and ethical standards." (such as NAR Code of Ethics).
The result was that, in 2003, Florida created a system where the default brokerage relationship had "all licensees ... operating as transaction brokers, unless a single agent or no brokerage relationship is established, in writing, with the customer"[7][8] and the statute required written disclosure of the transaction brokerage relationship to the buyer or seller customer only through July 1, 2008.
In the case of both Florida[8] and Colorado,[6] dual agency and sub-agency (where both listing and selling agents represent the seller) no longer exist.
Other brokers and agents may focus on representing buyers or tenants in a real estate transaction. However, licensing as a broker or salesperson authorizes the licensee to legally represent parties on either side of a transaction and providing the necessary documentation for the legal transfer of real property. This business decision is for the licensee to decide. They are fines for people acting as real estate agents when not licensed by the state.
In the United Kingdom, an estate agent is a person or business entity whose business is to market real estate on behalf of clients. There are significant differences between the actions, powers, obligations, and liabilities of brokers and estate agents in each country, as different countries take markedly different approaches to the marketing and selling of real property.
Before the Multiple Listing Service (MLS) was introduced in 1967, when brokers (and their licensees) only represented sellers by providing a service to provide legal documentation on the transfer real property, the term "real estate salesperson" may have been more appropriate than it is today, given the various ways that brokers and licensees now help buyers through the legal process of transferring real property. Legally, however, the term "salesperson" is still used in many states to describe a real estate licensee.[citation needed]
After gaining some years of experience in real estate sales, a salesperson may decide to become licensed as a real estate broker (or Principal/qualifying broker) in order to own, manage, or operate their own brokerage. In addition, some states allow college graduates to apply for a broker's license without years of experience. College graduates fall into this category once they have completed the state-required courses as well. California allows licensed attorneys to become brokers upon passing the broker exam without having to take the requisite courses required of an agent. Commonly more coursework and a broker's state exam on real estate law must be passed. Upon obtaining a broker's license, a real estate agent may continue to work for another broker in a similar capacity as before (often referred to as a broker associate or associate broker) or take charge of their own brokerage and hire other salespersons (or broker licensees). Becoming a branch office manager may or may not require a broker's license. Some states allow licensed attorneys to become real estate brokers without taking any exam. In some states, there are no "salespeople" as all licensees are brokers.[9]
Real Estate Services are also called trading services [10]
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example,[11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the property and negotiating a sales price.[11] The result is the seller pays less commission overall (roughly half) when the property sells.[11] This is because a seller will pay a percentage of the sales price to a buyer's agent but not have to pay a percentage to a seller's agent (because there isn't one; the seller is representing himself).
In consideration of the brokerage successfully finding a buyer for the property, a broker anticipates receiving a commission for the services the brokerage has provided. Usually, the payment of a commission to the brokerage is contingent upon finding a buyer for the real estate, the successful negotiation of a purchase contract between the buyer and seller, or the settlement of the transaction and the exchange of money between buyer and seller. Under common law, a real estate broker is eligible to receive their commission, regardless of whether the sale actually takes place, once they secure a buyer who is ready, willing, and able to purchase the dwelling.[12]
Economist Steven D. Levitt famously argued in his 2005 book Freakonomics that real estate brokers have an inherent conflict of interest with the sellers they represent because their commission gives them more motivation to sell quickly than to sell at a higher price. Levitt supported his argument with a study finding brokers tend to put their own houses on the market for longer and receive higher prices for them compared to when working for their clients. He concluded that broker commissions will reduce in future.[13] A 2008 study by other economists found that when comparing brokerage without listing services, brokerage significantly reduced the average sale price.[14]
Real estate brokers who work with lenders can not receive any compensation from the lender for referring a residential client to a specific lender. To do so would be a violation of a United States federal law known as the Real Estate Settlement Procedures Act (RESPA). RESPA ensures that buyers and sellers are given adequate notice of the Real Estate settlement process.[15]
In the United States, the term realtor is trademarked by the National Association of Realtors, which uses it to refer to its active members, who may be real estate agents or brokers.[16][17][18] In Canada, the trademark is used by members of the Canadian Real Estate Association.[19] Both organizations advise against the use of realtor as a generic synonym for real estate agent.[19]
States issue licenses for an annual or multi-year period and require real estate agents and brokers to complete continuing education prior to renewing their licenses. For example, California licensees must complete 45 hours of continuing education every 4 years in topics such as agency, trust fund handling, consumer protection, fair housing, ethics, and risk management.[20]
Several notable groups exist to promote the real estate industry and to assist professionals.
Ralph Hurtado has been my realtor for over 12 years and I have referred him to all my family and friends. Personally, he has helped me sell 3 and purchase 2 of my homes. He is honest, hard working, and someone who has high integrity and morals. When I asked for his guidance on whether we should sell my parents' home which would result in a pretty large commission payment to him, he proposed that we rent it out for a few years first before putting it on the market in order to save us money. Ralph will always put his client's interest first over his own because he genuinely cares about you. He has also made each sale or purchase stress free for me because he helps coordinate everything behind the scenes like scheduling the home inspection, house cleaning, photography, staging, etc. He keeps me informed on every stage of the process. I can call or text him numerous times throughout the day and he will respond within minutes. Even when it was a buyer's market, he manages to secure the best terms and prices for my properties, often receiving asking price or above asking. I have never worked with anyone who has gone above and beyond like he has. Ralph is an expert in his field and I highly recommend him for all of your real estate needs.
Had very little to do with real estate agents before meeting Ralph Hurtado. I was a general contractor, acquiring the land and building houses during the week and preferred to put my for sale signs out and sell them on the weekend myself. Constant increasingly complicated real estate contracts that were difficult for me to understand and the advent of a growing real estate fraternity with their sophisticated methods of advertising, etc., convinced me that employing a real estate agent would be the best method to get the highest sale's price while staying out of legal problems. I interviewed many real estate agents that I saw around town before choosing Ralph Hurtado to sell my house in Union City. I did what Ralph told me to do to the house that would give it the most sale's appeal and we set ( mostly him ) the sale's price accordingly. Obtained a buyer in a short amount of time at full sales price. I was very happy with the outcome, don't think I left anything on the table concerning the sale's price and I liked the ease of that transaction so much that I had Ralph find a duplex in San Leandro that I bought and renovated. Again I was also very satisfied with the outcome. What I like about Ralph is that he is always available ( not two days later as often is the case these days ) to respond to concerns and questions that I have about real estate. For instance, how much do I increase the rent on my rental units. He keeps me informed on what is happening in the real estate world. For instance, he encouraged me for renters to get rental insurance because protects both landlord and renter. In fact, he must get tired of all my questions, but never does. Square shooter who covers all my bases; therefore, he is and will continue to be my real estate agent..
Non-stop spam calls from this guy. Stop calling me!!
For example, I perform a Comparative Market Analysis (CMA) using similar sales, current market trends, and property condition to come up with a value or pricing. However, each property is unique in its value based on factors that include location, architectural style, upgrades, and neighborhood desirarity. No two homes are exactly the same and that's why I take detailed approach to pricing. I make sure that your home value is well portrayed in the current market through the use of comparable sales analysis and including distinctive features. The listing price is at the discretion of the sellers, based on their objectives and market situation, and the final sales price is determined by the buyers through their bids and negotiation. There are appropriate strategies for pricing a property that will increase the chances of more people being interested and as a result, the sale price being higher.
The real estate agent receives his or her fee based on the sale of the property. First of all, brokers keep the same price for the service no matter how your house has been sold and you include the fact you have found the buyer yourself. Our system offers you total choice. On the other hand, there is an idea; don’t pay for something you might not require. Our fee structure is flexible and tailored to your specific situation, which means you only pay for what you use.
We serve the following areas: Alameda, Contra Costa, Santa Clara Counties.