Identified Schools for This Property: These are the schools that have been identified by the listing agent and/or the seller as the schools that appear to serve these properties.

Nearby Regular Public Schools: These are schools that are near this property, based on the property’s location.

Nearby Charter Schools: These are charter schools that are near the subject property, based on the property’s location. Charter school enrollment is typically based on a lottery, rather than on the neighborhood where the student’s home is located.

Nearby Magnet Schools: These are magnet schools that are near the subject property, based on the property’s location. Magnet schools differ from regular public schools in that they offer specialized academic themes, such as math & science, the arts, foreign languages and so on.

Please note: school assignments are not always reliable, and should be verified prior to purchasing a property. Enrollment in any of the schools described above is not guaranteed with the purchase of this property. In addition, school assignments are subject to change.

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Listing Status Explained

On our site, you will see the following types of listing status:
  • Active: The property is still actively for sale and a contract has not been accepted yet.
  • Under Contract But Showings Still Accepted: The property is under contract with a buyer. However, the seller is still allowing buyers’ agents to show the property to other buyers. Buyers may be able to present back-up offers, just in case the existing contract falls through due to financing concerns or other reasons.
  • Under Contract / No Showings: The property is under contract with a buyer and the seller is no longer accepting showings.
  • Sold: The property has already been sold.
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Cumulative Days on Market Explained

Cumulative Days on Market is a representation of how long with the property has been actively marketed.

The main difference between Days on Market and Cumulative Days on Market is that Cumulative Days on Market represents active marketing through not only of the property’s current listing, but through other, recent listings of the property as well. Days on Market, on the other hand, only represents the time the property has been marketed under its current listing.

Prior to the local Realtor Association using the term Cumulative Days of Market, Realtors and homebuyers in the Charlotte region would sometimes focus solely on a property’s Days on Market. The problem with Days on Market displays was that sellers could allow their property listing to expire and then re-list, and their Days on Market would go back to zero. This could make a listing that had been on the market for a long time appear to be a completely new listing.

Since the change in terminology, when a new listing is entered, the Cumulative Days on Market only resets to zero if one of the following two actions occurs:

A) The previous listing closes (i.e., is sold).

B) The previous listing is off market (expired or withdrawn) for more than 90 days.

It should also be noted that Cumulative Days on Market typically do not accrue when a property is not being actively marketed – i.e., when the seller is not accepting showings on their property.

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Recent County Property Assessments

Each county tax assessor’s office periodically assesses properties for tax collection purposes. Counties assess properties at different frequencies. For example, some counties may assess values every four years, while others may assess properties every eight years. In addition, a given property’s assessed value can change at any time – i.e., when a vacant lot is built upon or when an addition is made to an existing structure.

Also, because of the highly imperfect nature of the assessment process, assessed values are often a poor indication of market values. In other words, if a property’s list price is under or over its assessed value, this does not necessarily indicate whether or not the property represents a good value or not.

In addition, in some cases current assessment or past sales of a given home may represent vacant land, which has since been built upon. In other situations, a given parcel of land may have been combined with other parcels of land in a past sale.

Finally, because assessed values may change at any time, property buyers are encouraged to confirm assessment values with their county tax assessor before purchasing a property. Terra Vista Realty cannot guarantee public-records information displayed on our website is accurate and up-to-date in every case.

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 Frequently Asked
 Questions
Frequently Asked Questions
 Frequently
 Asked
 Questions
Frequently Asked Questions


What services does Terra Vista Realty offer home buyers?
We offer buyers complete assistance in the home buying process - from property searches to showing you homes that meet your buying criteria, and from placing offers to assistance with real estate closings. We are a full-service real estate agency and perform the full range of services that home buyers expect.

Will Terra Vista Realty charge me anything to buy a home?
We normally charge nothing for clients to use our buyer's agency services. This is because the seller will normally offer us a commission on the home you buy. In fact, we can actually pay you to use our services through our 1.5% rebate system. Check out our buy page, for more information on the commission rebates that we offer.

Does Terra Vista Realty provide buyers with a 1.5% rebate on every house sale?
No, not on every sale - but we do so in most instances. We typically rebate 50% of our commission to the buyer. This usually works out to 1.5% of the purchase price, since the commission offered to the buyer's agent is 3% on the vast majority of homes in the Charlotte area. However, because real estate commissions can vary from property to property, sometimes the rebate is not exactly 1.5%. Also, if a buyer is searching for a home priced at less than $300,000, the rebate is lowered on a sliding scale.

A 1.5% rebate may not sound like much, but it typically equates to several thousands of dollars on the home you buy.

Can Terra Vista Realty assist with new-construction transactions?
Absolutely – in fact, all of our agents have extensive experience on new-construction transactions. When buyers works with us on a new home purchase, they know they have an advocate working on their behalf from the beginning to the end of the buying experience. And in case you are wondering – yes, we do provide rebates on new-construction homes. In addition, Terra Vista Realty is unique among Charlotte realty firms in that we have a licensed general contractor on staff in our broker-in-charge, Tom Palmer. Tom has built over 40 homes in the Charlotte area, and knows a lot about construction standards. And Tom’s knowledge is sometimes useful for our other agents’ clients as well – as he helps to field questions that these clients have, from time to time.

What about selling? Does Terra Vista Realty provide sellers with full service?
Yes, we do. We provide the full suite of service components that are critical to the home sales process - from completing paperwork to advising on home values, from marketing exposure to contract negotiations, from signage and lockboxes to managing the closing process. We've been successful in helping property owners sell their homes in a wide variety of areas in Charlotte and its suburbs.

How does Terra Vista Realty provide services at a lower price than other agencies?
Terra Vista isn't saddled with the overhead costs that many traditional realty firms have. Conventional real estate companies have to spend money on local and national franchising efforts, training of inexperienced agents, costly management overhead and many other expenses. Terra Vista is structured to avoid many of these extraneous expenses and we pass the savings on to our clients.

Yes, we make less per-transaction than other agencies, but we've found that we can make up for this through improved marketing, increased client referrals and repeat customer business.

Does Terra Vista Realty hold open houses?
We don't hold open houses for our home seller clients, although as a client of ours, you would be free to do this on your own. However, we don't recommend this. Open houses are known for not delivering qualified leads.

In addition to Terra Vista Realty's listing fee of 1.5%, what other commissions will I need to pay?
If you list your home with Terra Vista Realty, you will typically offer the buyer's agent a commission of 3% of the home sales price. This 3% buyer's agency fee ensures that your property is competitive with other homes listed in the MLS. You will also pay Terra Vista Realty a 1.5% listing fee upon closing. Therefore, the total commission paid is normally 4.5%. In other words, two-thirds of the total commission fees go to the buyer's real estate agent - not to us - according to the listing contract we normally offer. This way, buyers' agents will have plenty of incentive to show your home to their clients.

Why should I use a full-service Realtor instead of just selling my home FSBO (for sale by owner)?
When you go the for-sale-by-owner route, your home is normally only exposed to a subset of prospective buyers. While it's possible to sell a home this way, the limited supply of qualified buyers means that the home is less likely to sell at the price that it's really worth.

Also, many FSBO sellers encounter hassles and uncertainty in pricing their homes, marketing their homes and completing necessary paper work. As a full-service REALTOR, Terra Vista helps you avoid such hassles. When you sell with us, you have a full-service advocate by your side throughout the home marketing process.

How can I decide if Terra Vista Realty is right for me?
If you're interested in getting a better understanding of our services, we invite you to call us. We'll do our best to answer any questions you might have.

If you're searching for Charlotte-area homes for sale, here are some subdivisions you may want to check out the links below:


With the service we got from Terra Vista it is hard to imagine how anyone else would provide a better service.

-Jeevaka D.



 
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