Blog
Is it better to get a 15 year or 30 year mortgage?
A 15-year mortgage is better than a 30-year mortgage simply because you would pay the loan off faster, and the interest rates would be lower. The 30-year plan will cause you to pay double or more of what you borrowed. Homebuyers typically choose this option because it is more affordable for them at the time. ... Read More
How does commissions work?
Commissions are how real estate agents are paid. The seller signs a listing agreement that calls for a commission or fee. Once closed, the seller pays the agreed upon fee or commission. That commission or fee is paid as agreed to in the contract. At closing, the agents involved in the transaction are paid the... Read More
Why does it take 30 days to close on a house?
There are many reasons why it takes 30 days or more to close on a house. If you plan on applying for a mortgage loan for example, you will have to wait to be approved which can take up to 30 days. While you wait to be approved, you will schedule a home inspection to... Read More
What is a Buyer Agency Agreement?
A buyer agency agreement is a contract between the home buyer and the buyer’s agent. The agent only represents the buyer, not the seller. The contract includes the responsibilities, commission, and the duration of the agreement. It is a very vital document that should be read very carefully to ensure that you understand the terms... Read More
Why do you need a Realtor?
There are many reasons why a buyer/seller needs a realtor. Buying or selling a home can be difficult, especially with no help. Why not hire a skilled professional to make it easier? You could search and maybe find a property you like but what about the paperwork? The bargaining? The connections? Knowledge of real estate... Read More
What is a Comparative Market Analysis?
A comparative market analysis (CMA) is an estimate of a property’s market value. The agent, seller, or buyer evaluates the property to comparable properties in the area. CMAs help agents and brokers set fair listing prices to help find the best price for the client. The analysis reviews the location, age, size, construction, style, etc.... Read More
First Time Buyer Journey: How does a first-time buyer learn the process?
First-time buyers can learn by personal research and/or a skilled professional (realtor). The process begins with strenuous decision making and eventually leads to the buyer moving into their new home. Decision: They must first decide if they want to rent or buy. Payment: How they will pay comes next. cash, finance, or lend. Agent Selection:... Read More
Tell us what is important to you
At Advantage, we strive to provide our clients and customers with a level of service unsurpassed by any other agency in town. We’ve worked hard to become the largest independent real estate agency in town and take pride in what we do. That is how we earned the 2024 Best of Sumter real estate agency... Read More
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