Frequently Asked Questions

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Keep on top with latest and exclusive updates from our blog on the Glendale real estate world. SEED Realties, Inc posts about tips and trends for buyers, sellers, and investors every week. Whether it be about staging your property or a snapshot of the market, this is your one stop shop.

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What is equity in real estate?

Equity is the difference between a property’s market value and the remaining mortgage balance owed by the owner.

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What is depreciation?

Depreciation refers to a decrease in property value, often due to wear and tear, economic decline, or unfavorable market changes.

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What is appreciation in real estate?

Appreciation is the increase in a property’s value over time due to market conditions, improvements, or neighborhood development.

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How is market value determined?

Market value is determined by supply and demand, recent comparable sales, property condition, location, and prevailing interest rates.

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What is a comparative market analysis (CMA)?

A CMA estimates a property’s value by comparing it to recently sold, active, and pending listings with similar characteristics.

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What is MLS?

The Multiple Listing Service (MLS) is a database where agents share property listings to provide broad exposure and cooperation among brokers.

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What is a real estate broker?

A broker is a licensed professional who can work independently, manage agents, and oversee transactions, often with higher education and experience requirements.

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What does a real estate agent do?

A real estate agent represents buyers or sellers in property transactions, helping with pricing, marketing, negotiations, paperwork, and compliance with local laws.

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What is the difference between real property and personal property?

Real property includes land and permanent fixtures, while personal property consists of movable items like furniture, appliances not built-in, and vehicles.

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What is real estate?

Real estate refers to land and anything permanently attached to it, such as buildings and improvements. It also includes the legal rights to own, use, lease, or sell that property.

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