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About the Montgomery County Real Estate Market
Agents here co-op with each other. What this means to you as a consumer is that, as a buyer, you can see any listings on the market with one agent. As a seller it means that every agent in the county, regardless of brokerage, can show and sell your home. In Montgomery County, the transfer and recordation taxes, which are approximately 2% total, are "split between the buyer and the seller, unless otherwise negotiated", per contract. This was designed to help lower purchaser's closing costs, which, after the split of taxes, are about 4% of the sales price. If this is the first time you have purchased a home in Maryland, you save an additional 1/2% on your closing costs! At this time, the market is becoming a "Buyer's Market". The supply of homes is high, and the demand is somewhat low. Interest rates are still low, so it's a great time to buy! 
Working With An Agent >Target Marketing
As soon as the listing agreement is signed, your real estate agent will begin the search for a buyer for your home. This means directing agents marketing efforts to target groups of individuals who are likely to be attracted to the amenities offered by your home and neighborhood.
If your property is near a new office park, your real estate agent will look there for prospects who want to live near their work place. If it is an historic property, the local preservation society may have a publication in which to advertise. Your agent may call or write to the neighbors who may know someone who would be attracted to your home. When your home is being marketed professionally, your agent will do a lot more than just feed the listing into the MLS and place an occasional ad.
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| Q |
What is considered to be one of the soundest long-term investments?
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| A |
Real estate has a long-term record of strong investment return and is a driving force of the national economy.
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 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
