F.A.Qs

Here is a collection of frequently asked questions that we have put together to help you in your real estate search.

 If you have any other questions, not listed here

feel free to call or send an e-mail.

By clicking on any of the questions below, you may view the answer.

Questions From Buyers

  • What is a "One-Time Show" listing?
  • What's the Difference between a "Listing Agent" and "Selling Agent"?
  • What does FSBO mean?
  • What is a broker?
  • What is a contingency?
  • What is a Multiple Listing Service (MLS)?
  • What is a debt-to-income ratio?
  • What is title insurance?
  • What is the difference between being prequalified and preapproved for a loan?
  • What is a REALTORŪ?
  • What is homeowners association (HOA)?
  • Why should I use a real estate agent?
  • Is an older home as good a value as a new home?
  • What is an escrow officer?
  • Can a home depreciate in value?
  • What are closing costs?

    • Questions From Sellers

  • What is an "Exclusive Agency Listing"?
  • What is an "Exclusive Right to Sell" listing?
  • What are comparables or comps?
  • What is a counteroffer?
  • What does an appraisal mean?
  • Why should I use a real estate agent?
  • Is there a "best time" to put my house on the market?
  • How should I price my home?
  • What are disadvantages of pricing my home on the high end?
  • Do I have to sell to the person with the highest offer?
  • Can I back out of my contract with one buyer and accept a new, higher offer from a second buyer?
  • Who is responsible for making repairs, if any, as a result of home inspection reports conducted for the buyer?
    •  

    The Barshay Team   -  Barshay Brokerage Real Estate Group, LLC
    Ph: 212-645-8866  -  Fax: 212.645.8809
    1133 Broadway Suite 1404
    New York, NY 10010
    www.barshay.com

     

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