Do you measure up? In real estate, at least? In this BIC TIP, Stephen Long takes on square footage, one of the most common sources of trouble for listing and buyer agents alike. His message is clear: the tax card is not an accurate source, builder blueprints are not an accurate source, and brokers should…
It is a sensitive subject, especially for rural listings: how many bedrooms does this house actually have? Stephen Long, your Notorious BIC, explains that when a home is on a septic system, the answer is not just a matter of counting doors. The number of bedrooms a broker can market is based on the septic…
Real estate scams are not slowing down, and vacant land scams in particular are still on the rise in North Carolina. Stephen Long notes that the North Carolina Real Estate Commission continues to see an alarming number of complaints about brokers who listed property for someone who was not actually the owner. The fix starts…
Broker on a Boat continues, and this time Stephen Long is talking about endings. Once an Offer to Purchase and Contract comes to fruition, it has to wrap up somehow. It closes, it expires under its own terms, or there is a termination. What it does not do is quietly disappear because everyone stopped returning…
In North Carolina, the Offer to Purchase and Contract (Form 2-T) is designed to create clarity, set expectations, and protect all parties involved. However, confusion frequently arises when buyers want repairs completed …
Plenty of brokers invest in real estate. Maybe you are in an LLC with a few partners flipping a house, or you have a rental or two you are ready to sell. When a licensee sells property they have an interest in, Stephen Long says two things deserve attention: disclosing that you are licensed and…
