Estimates Required

The Oklahoma Real Estate Commission requires licensees to provide a written estimate of expenses to both buyers and sellers when an offer-to-purchase is executed and presented. Unless specifically waived by the customer, a real estate professional should provide:

Sellers: Their approximate itemized costs to sell along with an estimate of the proceeds they will receive at closing.

Buyers: A complete list of mortgage and closing cost expenses, plus how much cash they will need to bring to closing.

At Coldwell Banker RaderGroup, Realtors, we are trained and skilled in providing accurate estimates of expenses. We know the importance of them to each buyer and/or seller we work with. You can expect estimates from me!

For more information contact me at slaunchbaugh@cbtulsa.com

Still Climbing!!

Despite all we hear about foreclosures and subprime mortgages, the real estate market in the greater Tulsa area continues to be very good. According to statistics released by NORES, INC. (MLS), the average sales price for homes in the Tulsa area increased 5.3% from $144,006 in June 2006 to $151,372 for the same period this year. The median sales price also increased from $124,900 to $132,000 for a 5.7% gain.
To learn how the increases in home prices have affected the value of your home, contact me at slaunchbaugh@cbtulsa.com