Bill Mortensen Associate Broker

Direct: 404.-434-9114
Office: 404-843-2500
Metrobrokers.com
1580 Holcomb Bridge Rd.
Roswell, Ga. 30076

Bus: 404-843-2500
Fax: 770-645-7201

FAQs

Table of Contents

How do I use this site?

How much do you charge for your services?

That seems like a lot of money.  Is your fee negotiable?

How long have you been selling real estate?

How much real estate do you sell in a year?

You claim you know the Atlanta market.  How long have you lived here?

When looking for an agent, am I required to sign a buyer’s agreement with the agent?

When looking for a home do I need to be pre-qualified?

Should I look at my credit score before I start looking for homes?

What is earnest money and do I need to pay it?

I’m buying a new home.  Do I need to have a home inspector inspect it?

Once I get a house inspected are the sellers obligated to repair whatever damage or deficiencies the inspector finds?

Should I buy title insurance? 

There is a closing attorney at my closing.  Does he represent the buyer or the seller?

Speaking of the closing, do I really have to show up?

I still have questions.  Where can I get answers?

 


 

How do I use this site?          (Click Here To Email Me)

Move your mouse over the Click Here To Email me above, and you can see what the links look like. I have tried to offer a wealth of information about the Atlanta area.  If there is something or some service that you still need information about, I will do my best to find  it for you.  Simply click above and let me know!

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How much do you charge for your services?

If you are a buyer, you will pay absolutely nothing.  If you are a seller, we work on a percentage of your sale price.  Generally it is six percent for residential sales and ten percent for commercial sales. Of course, these fees are only paid once property has changed hands.  For that fee, which can be included into your price, we relieve you of the burden of marketing your property, negotiating with the buyer and fighting through the legal and financial maze of selling your property.

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That seems like a lot of money.  Is your fee negotiable?

Everything is negotiable, but a lower fee will attract fewer agents and few agents translates into fewer prospective buyers.  Agents, like everyone else are in business to make money and human nature being what it is, they will show more properties with higher commissions than those with lower one.  While I realize no one likes to part with their hard earned money, there is no good reason to limit your options.

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How long have you been selling real estate?

I have been solving housing and commercial solutions for over six years.  Prior to that time I owned and operated restaurants in both Georgia and Florida.

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How much real estate do you sell in a year?

Last year, I sold over three million dollars worth of property.

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How long have you lived in Atlanta?

Except for a brief hiatus in Florida, I have lived, worked and owned a business in Atlanta since 1975

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When looking for an agent, am I required to sign a buyer’s agreement with the agent?

No, you do not have to sign it, but it is in your interest.  If you do not sign you will become a customer, but if you do sign, you will become a client.  An agent, any agent, will do more for a client than a customer.  Further, this contract between you and your agent demands more legal responsibility from the agent to work on you behalf.

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When looking for a home do I need to be pre-qualified?

It is advisable.  Better yet, get pre-approved.  It makes the process go much smoother,adds another quiver in your negotiating arsenal and gives you a realistic view of your buying potential

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Should I look at my credit score before I start looking for homes?

In most states, including Georgia, you are guaranteed by law to view your credit rating at least once a year without charge, but continually checking your credit rating will lower your score.  It is best if you let your financial advisor or lenders make the necessary credit checks.

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What is earnest money and do I need to pay it?

Yes, you will need to pay it.  When making a contract on a house, the seller will demand earnest money.  It is an expression of good faith and is applied to the purchase price of the home at closing.  Should you decide not back out of the contract, the seller may or may not get to keep this money so it is very important that you review this part of the contract thoroughly with your Realtor or legal advisor.  

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I’m buying a new home.  Do I need to have a home inspector inspect it?

I would recommend it even if you have a builder’s warranty.  A walk through is useless if you don’t know what to look for.

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Once I get a house inspected are the sellers obligated to repair whatever damage or deficiencies the inspector finds?

Possibly, but generally no.  All of this is negotiable and should be spelled out in your home contract which is why it is imperative that you understand the contract that you are signing.

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Should I buy title insurance? 

Yes you should by title insurance.  It gives you clear title to the property and covers you against all claims.

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There is a closing attorney at my closing.  Does he represent the buyer or the seller?

He or she represents neither buyer nor the seller.  They represent the lender.

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Speaking of the closing, do I really have to show up?

Yes.  There are many documents to sign and unless you have given someone your power of attorney, you will need to be there.

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I still have questions.  Where can I get answers?

You can contact me at anytime with your questions and will be under no obligation to use my services.   I want to help - so contact me today!

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Bill Mortensen's Personal Profile:

  • Professional Full Time Realtor
  • Former CEO of Brandywine Downs, Inc.
  • Member Theta Chi
  • Graduate, University of Denver (BS/BA) '69
  • Hobbies: Scuba, Travel

 

Bill Mortensen's Area of Expertise:

  • Creative Marketing Specialist
  • ABR Certified Buyers Agent
  • Sellers Representation
  • Commercial Sales
  • Elegant Homes
  • Farms and Land Sales
  • Investment Property
  • Internet Technology Specialist in Real Estate Marketing


Associations and Memberships:

  • Member: National Association of Realtors
  • Member: Ga. Association of Realtors
  • Member: Atlanta Commercial Board of Realtors
  • Member: FMLS & MLS
  • Member GA. Association of Business Brokers
  • Member Costar


Achievements: