About Eric Rosenberg

Eric blogs about personal finance, real estate, and more at Personal Profitability. Connect with him at his homepage at EricRosenberg.com.

Personal Finance 101 for Realtors

Real estate agents, whether Realtors or otherwise, have a unique personal finance situation unknown to most Americans. While it feels like you are paying them a lot as a customer, real estate agents don’t get paid every other Friday like everyone else. A real estate agent is running a business with irregular cash flows and other unique challenges. If you are an agent, follow these basic tips to put yourself on the path to financial success. Continue reading

Realtor Fees: Are Realtor Fees Negotiable?

 

The standard rate in real estate is a 3 percent commission for the buyer’s agent and a 3 percent commission for the seller’s agent. But are those Realtor fees negotiable? Like almost anything else in life, the answer is a big yes. But if you want a break on fees, you need to bring something to the table yourself to show why you should get a cut. Continue reading

Should You Get a 15 or 30 Year Mortgage?

The world of mortgage loans can be complex. There are conforming loans and jumbo loans and VA loans and HUD loans and many more varieties, but within those categories you can choose between several mortgage lengths. Two of the most popular mortgages are 15-year and 30-year fixed rate mortgages. To find out which is best for you, follow along with this guide. Continue reading

Building the Perfect Home Network for Any Sized Home

 

Home internet is an important part of connecting our digital lives. While some areas still struggle with high speed internet options, most Americans can easily find a broadband connection at home. While your internet service provider (ISP) provides their own router to connect you to their service, they’re typically not that good, especially for WiFi. If you have trouble getting a good WiFi signal or internet connection at home, follow these steps to build an amazing home network that includes the latest smart home goodies. Continue reading

When Does an Adjustable Rate Mortgage Make Sense?

During the financial crisis in 2007 and 2008, millions of mortgage borrowers defaulted on their loans sending Wall Street and the mortgage industry into a nosedive. With billions of dollars in losses on the horizon, bankers and news anchors were touting the problems of adjustable rate mortgages and balloon payments. But are adjustable rate mortgages all bad? Not at all! Let’s take a look at when adjustable rate mortgages make sense. Continue reading

10 Top Real Estate Social Accounts You Should Follow on Instagram

Real estate offers one of the most visually stimulating experiences in the world, so it is no surprise that real estate agents across the globe have taken to Instagram, Snapchat, and other social media platforms to share the images they see as they help clients buy and sell homes. Some accounts stand out from the crowd due to their interesting, beautiful, or educational posts. Here are some favorites you should consider following. Continue reading

Real Estate Industry Leaders “Freaked Out” by Low Inventory

real estate market successIn the Great Recession just a decade ago, homes were sitting empty around the country as homeowners defaulted on mortgages, encountered foreclosures, and sent the nation’s real estate markets into a downward spiral. Now some cities are being hit with an opposite problem: too many qualified buyers for too few houses. The number of homes for sale has fallen over the last year, and as spring and summer buying seasons kick into high gear, some would be homeowners are in for a big surprise. Continue reading

9 Home Upgrades that are Cheaper Than You Think

If you are a new home buyer and are looking to buy a new construction home, these are the steps you will need to take to get the most of your money's worth.

Whether you are moving into a new home or just want to liven up one you’ve been living in for a while, you have unlimited options to upgrade and customize your home when you own it. From the bathrooms and kitchen to the garage and yard, your home can become an even better place for you and your family to enjoy every day. And, better yet, you can likely do it on a budget. Here are nine budget home upgrades to get you started. Continue reading

Choosing a Property Manager for Your Rental Properties

Choosing a property manager is not always a simple or easy task. I once picked a property manager based on Yelp reviews and had a horrible experience, so this is a topic I don’t take lightly! Your property manager is the front line of defense in protecting your property, maintaining your property, and ensuring you get paid by tenants. If you are thinking of hiring a property manager or replacing a terrible one like I had, follow this guide to know what to look out for. Continue reading