100 Forelock Ct. Walkthrough Video

100 Forelock Ct. West Chester, Pa 19382 for sale. $469,000. Call/text Laura at 484-985-5222. Smart home technology throughout. Most private townhouse in Brandywine at Thornbury with many updates.

Beautiful Chester County sunsets from your deck & patio. Smart home technology throughout. Control your indoor & outdoor lights, front door lock, cameras, video doorbell & HVAC through your phone, voice controlled Amazon Echo or the in wall control pad. This bright, spacious NE facing end unit townhome with 2 car garage, first floor master suite and finished walkout basement has a long list of upgrades. Here are a few: custom staircase with panelled wall, wainscoting in dining room, refinished hardwood floors, professionally painted throughout, new carpet in Master bedroom, lighting upgraded throughout with smart bulbs, oil rubbed bronze hardware (no builder’s grade brass), remodeled powder room, new refrigerator, new air conditioner, new hot water heater & new fence and landscaping. Low taxes. Low HOA. Wonderful community with pool, playground, basketball, tennis & walking trails. Great location with easy access to highways and quick ride to Philly airport.


Coming Soon 100 Forelock Ct. in West Chester

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Coming soon. 100 Forelock Ct West Chester, PA 19382.  Smart Home technology throughout. Many upgrades. Most private town home in Brandywine at Thornbury.  3 bed/2.5 bath with loft. 2 car garage. Finished walkout basement. 2810 SF & 737 SF basement. $469,000 contact me at 484-985-5222 or laurajlaws@gmail.com


Open House Sunday 6/4 12-2 pm 205 Juniper Rd $247,000

Juniper Collage

Stop by the open house Sunday June 4, 2017 from 12-2 pm.  3 Bedroom 2.5 Bathroom.  MLS #6964991.  See walkthrough video below.  $247,000.

Welcome to 205 Juniper Rd! A renovated twin located in the desirable neighborhood of Chatham Park in Havertown. Private location located at the end of a cul-de-sac and private yard backs up to picturesque Chatham Glen Park with a playground & basketball court. There is a private driveway with a one car garage. Renovated kitchen with granite, new subway tile backsplash & brand new stainless steel appliances. The first floor has an open floor plan featuring a bright living room with a large picture window, foyer, half bath, dining room & a kitchen that opens into a bright family room. Refinished hardwood floors on the main floor, stairs & the upper floor. The master suite has vaulted ceilings and a full bath. Finished walkout basement and a large mudroom with laundry. Let’s talk about the recent updates: Professionally painted throughout, Renovated kitchen, Refinished Hardwood floors, New tile flooring, New appliances, New vanities and toilets, New electrical panel, New plumbing in basement, New garage door, New gutters, New ground wire & Hot water heater less than 3 years old. This home is move in ready! Top rated Haverford Township schools. Close to local parks, Skatium, Brookline Boulevard, Shopping, public transportation, Blue Route, Center City & the airport.

Take a video tour of 205 Juniper Rd in Havertown…$245,000

205 Juniper Rd, Havertown, Pa 19083.  Beautifully renovated twin located on a cul-de-sac and backs up to a lovely park.  Being offered for $245,000.  More pictures coming soon!  Contact me if you are interested.  Laurajlaws@gmail.com or 484-985-5222.

  • Renovated Kitchen with granite and stainless steel
  • Hardwood Floors throughout
  • Finished Basement
  • Updated Electrical system
  • Updated Plumbing system
  • New Washer and Dryer
  • New vanities and toilets
  • New gutters
  • New garage door

How much do Real Estate Agents Make?

Check out my video explaining how commission works or check out info below!

 

Who pays real estate commission?

The seller pays the entire commission at closing or settlement (4-8 weeks after the home is under contract typically).  The commission is negotiated between the listing agent and the seller when the listing agreement/contract is signed to put the house on the market.  In our area 5-6% commission is typical but it is negotiable.

  • commission-picGenerally, the commission is divided four ways: to the listing broker, the listing agent, the selling (buyer’s) broker and the selling (buyer’s) agent. Once the listing agreement is signed the listing agent uploads the home into our MLS system.  The MLS is a system agents use and pay for to share listings.  The commission offered to the selling agent is shown in the listing of the seller’s home in the MLS.  So if it is a total of 5% commission then it will show 2.5% commission to the selling broker.  6% commission will show 3% to the selling broker.

    How is it split with the brokers?

    That depends on the agent’s agreement with their real estate broker and company.  Many companies start new agents at a 50-50 split and as you sell more your percentage increases.

    What other expenses are there for agents?

  • We are independent contractors/1099 employees so we pay self employment tax of 15.3% of our income.  Many experts recommend agents set aside 40% of our income for federal income tax, self employment tax and state income tax.
  • We basically are our own business so we have to pay for office supplies, computers, smart phones, cars, gas and any other expenses that are needed to be a successful real estate agent.
  • We often have to buy leads (Zillow, Trulia or Realtor.com) or pay a referral fee of 25-35% of our commission if the lead is referred to us by a website.  (Here’s a fun fact:  realtors pay a lot of money to use the MLS system to market and research homes.  Zillow pulls listings from our MLS system that we pay for.  Then Zillow charges hundreds of dollars a month per zipcode to agents for leads that are captured using our listing information in our MLS.)
  • We have marketing costs.  If you are a listing agent you pay for professional photographs, marketing material, advertising and blasting out a lot of information to every real estate website.  For finding buyers we have to market to them.
  • We pay dues and membership fees to belong to the MLS and realtor associations.  Also, we have to pay a monthly fee to access the electronic lockbox on listings.
  • We pay money to the Real Estate Commission of Pa for our license.  We have continuing education classes that are required to keep our license active and we have to pay for them.
  • Health Insurance for self employed or business owners is very high.  It’s a big consideration when thinking of being a real estate agent.
  • Here’s the other expense to take into account.  Often homes don’t sell or fall through due to inspection issues, the appraisal is too low or (happened to me many times) the loan falls through.  So as realtors we spend a lot of time selling a house and we spend money (listing agent is more) and it did not pay off and actually costs us money because we don’t get paid unless we go to closing and transfer of the home happens.
  • For new agents it can take 6 months to a year before you make your first sale and make your first commission.

Any other fees?

NOT FROM ARTISAN REALTY!  Most real estate companies charge an administrative fee to both sellers and buyers.  It should be explained beforehand and they put it on the settlement sheet.  It can be $200-$600 depending on the company.  Artisan Realty does not charge this fee to buyers or sellers because we are a local, boutique real estate company that focuses on utilizing technology for our clients.

Note:  There are other options to sell your house:  For Sale By Owner, Discount Brokers etc…  I based the above on how it typically works.



Property Tax Rates in Chester County

Property taxes make a big difference in your monthly payment and are a big expense of owning a home.  Comparing the highest and lowest rate in Chester County for a property assessed around $125,000 the difference is $284/mo using the 2 examples below.  To get the yearly property taxes you multiply the property assessment by the tax rate.

The highest rate in Chester county is Parkesburg Boro at 0.052793.  Parkesburg Boro currently has 27 homes for sale and the average listing price is $200,000.  There is a house for sale for $209,900 and the property taxes are $6,610.  The assessment on that house is $125,210 x 0.052793 Parkesburg Boro rate = $6610/year.  It’s a single family home at 501 Washington Ave. Parkesburg, Pa 19365.

washington

The lowest rate in Chester county is West Whiteland township at 0.0249802.  West Whiteland currently has 54 homes for sale and the average listing price is $426,943.  There is a house for sale in West Whiteland township for $289,000 and the property taxes are $3,205.  The assessment is about the same as above $128,300 x 0.0249802 West Whiteland tax rate = $3,205/year.  It’s a townhouse at 6 Buttonwood Dr. Exton, Pa 19341.

buttonwood

The total rate is broken down into 3 parts.  The Chester county rate is 0.004163.  The municipal rate varies but there are many municipalities in Chester county with no municipal rate.  Then there is the school district rate.  West Chester school district is the lowest in Chester County at 0.0200982 & Octorara school district is the highest at 0.03863.  Choosing the school district to live in is important because it is the majority of your property taxes.