Customarily found in real estate contracts, "time is of the essence" represents the necessity for the timely completion of a contract. The clause is something that agents may use colloquially to emphasize the importance of meeting deadlines.

3/14/2020

After some consideration and discussions with all agents, all showings and in-person appointments were canceled until further notice on 3/12/2020 following the Michigan state of emergency declaration on 3/11/2020.

Realtors work as independent contractors to help families to find homes and access the ...

Our 5 Best Reasons to START SELLING Real Estate

1. Real Estate Salespeople Learn About Business From the Top Down

Especially when it comes to agents who are willing to dip into commercial as well as residential and residential income properties, individual sales agents are able to jump into real-world ...

One of my favorite places in Ypsilanti is the senior center @ 1015 Congress.  Monica Prince, the Director, does an amazing job running the place. Everyone loves her.  Besides her vast responsibilities running the place, Monica teaches a very creative art class.  She says, “Lets try to see ...

Welp Magazine gave Munro Real Estate a mention for our recommendation for #1 best printer for small offices (like us)-- the Xerox Versalink C7000.

The Xerox is a must for an Ypsi Realtor since they print gorgeous ledger-size prints at a professional print shop quality.

Full article here: https://welpmagazine ...

Question: “Can Realtors also work as wholesalers?”

Depending on the situation, but in many scenarios they cannot; clarifying the question or using a specific example might help explain. This is a question I've heard a couple of times during conversations about real estate in Washtenaw and surrounding counties ...

Michigan Cannabusinesses Have Arrived: History and 2019 Market Overview

What is a cannabusiness?

A cannabusiness is a business that sells cannabis or cannabis-related products. Since Michigan passed recreational cannabis for adult use in 2018, reports expect Michigan’s pot market to rival Colorado’s due to how generous the law is in ...

Summary of industry terms and jargon commonly used in the Ann Arbor & Ypsilanti real estate market.

Terminology may vary somewhat between market location and asset type; we may discuss other terminology in the fields of commercial, investment, zoning, construction, or development in separate articles to follow.

**Disclaimer: All ...

Are buyer’s agents services free for buyers?

It depends, but usually no. While many real estate agents tout buyer’s services as being completely free for buyers, the reality is that buyers are often paying for these services indirectly-- it can be part of their mortgage since the cost of these ...

How are real estate agents paid?

By commissions as delineated in the listing agreements (also often called exclusive right to sell agreements or “ERTS”) which they negotiate with sellers when they’re hired to represent sellers and take the seller’s real estate to the market. Because of this, the vast majority ...