Real Estate: Information Overload

In the age of the internet, it’s very easy to have information overload.  It’s definitely true in real estate.  There are over 800 single family homes for sale in Johnson County right now; 211 in Overland Park alone.  Inventory is relatively low, but that’s still a lot of houses.  So, it’s very easy to spend …

What’s Included in the Sale of a House?

Whether you’re buying or selling real estate, how do you know what’s included in the sale of a house? Presumably, you’re buying or selling the house itself and the land on which it sits. But what about the fancy refrigerator, home theater, or smart thermostat? It depends. Typically, anything “permanently attached” should stay. However, it …

What’s An Escalation Clause and Why Are They Important?

What’s An Escalation Clause? The greater Kansas City metro is still a seller’s market. Currently, it’s still very common for sellers to receive multiple offers on their house. When that happens, it’s common to see offers that include an Escalation Clause, also known as an Escalatory Addendum. Simply put, an escalation clause states a buyer …

10 Low-Cost Home Improvement Projects

Contrary to popular believe, major remodeling projects are not always a good investment.  That’s not to say making improvements won’t increase the value of your home.  However, it’s important to know there is a difference between cost and value.  This is one of the most common misunderstandings in real estate.  People want believe that they’ll always …

How Successful Are ‘For Sale By Owner’ Sellers?

How Successful Are ‘For Sale By Owner’ Sellers? If you’re thinking about selling your house, you may ask yourself: “How successful are ‘For Sale By Owner’ Sellers?  Could I sell my house myself and save the commission?”  If that’s you, here’s some information you may find interesting: According to The National Association of Realtors’ annual …