RACHEL M. SMITH, REALTOR®

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Contact

Office | (318) 213-0011

Fax | (318) 213-0939

Address

Diamond Realty & Associates, LLC.
6425 Youree Drive, Suite 580 | Shreveport, LA  71105

©2019 by RACHEL M. SMITH, REALTOR
Licensed in Louisiana by the Louisiana Real Estate Commission

FREQUENTLY ASKED QUESTIONS

 

Who typically pays for the real estate commissions at closing?

Typically the Seller pays the real estate commission fees at closing. The title company deducts it from the proceeds at closing, and then issues the Seller a check for the remainder.

Is it really necessary to use a Realtor® when buying or sell a home?

It is in every Buyer and Sellers best interest to use a Realtor®. People don't realize the amount of legal issues that can arise if a sale is not properly handled and can result in lawsuits. Aside from the legal ramifications, those that attempt to sale their own home or buy a home without representation end up losing money in the process. Check out some of the statistics for information that may surprise you.

Can I buy a home and sell my home at the same time?

Yes! Once an offer is made with a projected closing date on the home you are selling, we begin making offers on the home you want to purchase. In most cases, we make the new purchase contingent on the closing of the home you're selling. We line up the closing dates to smoothly transition from one to the other.

If I'm ready to buy a home, should I call a Real Estate Agent first? What's the first thing I should do?

Your first call should be to the mortgage lender of your choice to find out exactly what you are qualified for. If you do not have a mortgage lender in mind, I will put you in touch with my preferred network of lenders with unbeatable rates, and stellar customer service to help you get started.

STATISTICS

Did you know?

87% of Buyers purchased their home through a Real Estate Agent.

91% of Sellers were assisted by a Real Estate Agent with the selling of their home.

For Sale by Owners accounted for 7% of home sales in 2017. The typical FSBO home sold for $200,000 compared to $265,500 for agent-assisted home sales.

49% of For Sale by Owners did not actively market their home. 22% marketed by yard sign. Reporting their most difficult tasks were getting the right price, and understanding and performing paperwork.

 

SERVICE PROVIDERS

Here are some helpful links and contact information for a few of my preferred network of service providers.

Fairway Mortgage

Loan Officer: Leslie Pickett

NMLS #98026

Office: 318-294-5557

Direct: 318-742-2646

leslie@fairwaymc.com

Website

Bayou Title, Inc.

Title Company

Managing Attorney | Thomas Hamauei

Pre-Closing | Angie Elliot

2122 Airline Drive, Suite 100

Bossier City, LA 71111

Office: 318-963-5200

Office in Shreveport, click website link for more information.

Website

A Step Above Home Inspections, LLC.

Home Inspector | Chris Kuehnemund
and Real Estate Investor

Office: 318-455-9202

9508 Teche Way

Shreveport, LA 71118

astepabovehomeinspections@gmail.com

Twin Cities Exterminating

Owner | John Digilormo

1107 Bay Ridge Drive

Benton, LA 71006

Office: 318-747-1715

twincityexterminating@gmail.com

Website