Remember when you could get two-year fixed term mortgages at 1.79%? If the same homebuyers were to refinance today, they would be looking at variable rates of around 5.75%. That, in a nutshell, explains a mortgage cliff. As UNSW Business School‘s Mark Humphery-Jenner, PhD explains on LinkedIn, this cliff is coming — $350
Field and experience Look for agents who have a minimum of 24 months experience in the particular area that you are interested in. It is also worth finding out about their most recent purchases. Credentials Check with the relevant state’s department of fair trading to ensure they are appropriately licensed
Do you feel confident in your negotiation skills against real estate agents? Do you feel nervous or pressured in your conversations with real estate agents? Real estate agents have weekly training on how to negotiate the best price for the seller. The best sales agents sell anywhere from 4-10 homes
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