Broker Duties to New Mexico Home Sellers Are you looking for a New Mexico Broker to represent you as a Seller's Broker? All New Mexico Associate and Qualifying Brokers owe the following duties to Sellers represented by the Broker. Every licensed New Mexico real estate Broker is obligated to disclose Broker Duties. The following brokerage relationships are available in the State of New Mexico, 1) Transaction Broker, 2) Exclusive Agency, and 3) Dual Agency. Prior to the time an Associate Broker or Qualifying Broker generates or presents any written document that the potential to become an … Continue reading...
Showing Your Home | Albuquerque & Rio Rancho
Tips For Showing Your Home So your home is on the market and now it is time to show your home to potential buyers. Here are some great tips to help your show your home: Short notice is possible. Be flexible, you never know when a buyer will walk through the door. Open all of the blinds or other window coverings. Turn on all the lights. Keep your house is clean and everything is put in its place. Make sure the garage door is closed. Have the temperature in the house comfortable, cool in the summer and warm in the winter. It is best to leave the house during the showing. … Continue reading...
Replace Your Homes Air Filters | Albuquerque NM
Is It Time To Replace Your Homes Air Filters? Your house is just like your car, it has an air filter(s) and they need to be replaced periodically Your house will have at least one filter and may have several filters throughout your home. If you have a regular central forced heater, there will typically be a filter located right above or below the heater. If you have a refrigerated air conditioning unit, there may be a filter located on the refrigerated air conditioning unit. There may also be air filters located at one or more return air grills throughout the house. How Often Should I … Continue reading...
Albuquerque Real Estate Listing Mistakes
Albuquerque Real Estate Listing Mistakes Don't make these Albuquerque real estate listing mistakes if you are selling your Albuquerque, Rio Rancho, or Corrales New Mexico real estate. 10 Most Common Albuquerque Real Estate Listing Mistakes Selling your Albuquerque real estate can be an exhausting experience. Inconvenient phone calls, broker previews, endless showings, price adjustments, and the possibility of getting stuck with two mortgages is very real concerns for Albuquerque home owners. If you're not adequately prepared, you could end up losing hundreds, even thousands of dollars. The … Continue reading...
Broker Duties | New Mexico Real Estate Commission
CHAPTER 61 REAL ESTATE BROKERS PART 19 BROKER DUTIES AND BROKERAGE RELATIONSHIPS 16.61.19.1 ISSUING AGENCY: New Mexico Real Estate Commission. [16.61.19.1 NMAC - Rp, 16.61.19.1 NMAC, 1/1/2004] 16.61.19.2 SCOPE: The provisions in Part 19 of Chapter 61 applies to all licensed associate brokers and qualifying brokers in New Mexico. [16.61.19.2 NMAC - Rp, 16.61.19.2 NMAC, 1/1/2004; A, 1/1/2006] 16.61.19.3 STATUTORY AUTHORITY: Part 19 of Chapter 61 is promulgated pursuant to the Real Estate Licensing Law, Section 61-29-4 NMSA 1978. [16.61.19.3 NMAC - Rp, 16.61.19.3 NMAC, … Continue reading...
Albuquerque Real Estate Investors | Investment Calculations
Albuquerque Real Estate Investors Investment Calculations Albuquerque real estate investors must know their numbers prior to making an offer on an investment property. Successful Albuquerque real estate investors buy properties based on sound financial principles and not on emotions. I have provided the following formulas to help you understand some of the key financial calculations necessary to create wealth in real estate investing. The following formulas are critical for Albuquerque real estate investors purchasing an investment property to be used as an income producing property. I … Continue reading...
For Sale By Owner Headaches | Albuquerque NM
Albuquerque For Sale By Owner Headaches So you are thinking about a For Sale by Owner, FSBO. Below are some of the challenges you may face. Preparing All The Paperwork Staying in compliance with the laws Pricing your home inappropriately Buyers want the price reduced by the commission savings Sellers must have a comprehensive marketing plan Understanding everything about the home selling process Allowing strangers in your home Strangers showing up at all hours of the day Missed opportunities when away from home Sellers must negotiate all the terms and conditions with … Continue reading...