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5 bed/2 bath | Single Family Dwelling | Park Rapids

Recently remodeled 5 bdrm, 2 bath home located on a large corner lot only blocks from downtown, shop...
Property Type: Single Family Home
Bedrooms: 5 - Bathrooms: 2

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.

3 bed/3 bath | Single Family Dwelling | Park Rapids

LH4692 Located on Fish Hook River you will find this high quality and efficient home off a quiet cul...
Property Type: Single Family Home
Bedrooms: 3 - Bathrooms: 3

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.

4 bed/3 bath | Single Family Dwelling | Park Rapids

FOR SALE BY OWNER: This stunning lake view home sits on 3.6 acres overlooking beautiful Potato Lake....
Property Type: Single Family Home
Bedrooms: 4 - Bathrooms: 3

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.
Investopedia

What Is a Real Estate Agent?

Real estate agents are licensed professionals who arrange real estate transactions, putting buyers and sellers together and acting as their representatives in negotiations. Real estate agents usually are compensated completely by a commission—a percentage of the property's purchase price, so their income depends on their ability to get a deal closed.

2 bed/2 bath | Single Family Dwelling | Park Rapids

Looking for living all on one level It's here! This beautiful 2 bdr, 2 ba home conveniently located ...
Property Type: Single Family Home
Bedrooms: 2 - Bathrooms: 2

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.

3 bed/3 bath | Single Family Dwelling | Park Rapids

Spectacular log home on one of the best recreational and fishing lakes in Northern Minnesota. This h...
Property Type: Single Family Home
Bedrooms: 3 - Bathrooms: 3

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.
Investopedia

Real Estate Agents' Compensation

Traditionally, an agent is paid a commission that is a percentage of the property’s sale price. The more the house sells for, the more money an agent makes. However, with online listings allowing consumers to do much of the shopping on their own without help from an agent, the traditional payment structure is changing.

Some brokerages charge a lower commission for more expensive houses, and some handle the entire transaction for a flat fee that’s much less than a regular commission. Other companies offer a fee-for-service pricing structure that lets sellers pay only for certain parts of the sale process, such as adding the property to a multiple listing service (MLS).

4 bed/4 bath | Single Family Dwelling | Park Rapids

Set on 210' of scenic lakeshore, this property boasts a 4 bed, 4 bath home with custom kitchen a new...
Property Type: Single Family Home
Bedrooms: 4 - Bathrooms: 4

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.

5 bed/2 bath | Single Family Dwelling | Park Rapids

Conveniently located on the edge of town and situated on a spacious corner lot, this 5 bed, 2 full b...
Property Type: Single Family Home
Bedrooms: 5 - Bathrooms: 2

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.
Investopedia

How a Real Estate Agent Works

Buying a home is still considered a key aspect of the American dream. As a first-time buyer, you have access to state programs, tax breaks, and federally backed loans if you don't have the usual minimum down payment—ideally 20% of the purchase price for a conventional loan—or you're a member of a certain group (see the Important callout, below). And you may qualify as a first-time buyer even if you're not a novice.

4 bed/8 bath | Single Family Dwelling | Park Rapids

Nearly 5 AC of privacy w/ beautiful towering pine trees and 346' of sand lakeshore with this 12,490 ...
Property Type: Single Family Home
Bedrooms: 4 - Bathrooms: 8

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.

4 bed/2 bath | Single Family Dwelling | Park Rapids

Beautiful, well-kept home with fabulous views of Long Lake and great trees. Move-in ready and in won...
Property Type: Single Family Home
Bedrooms: 4 - Bathrooms: 2

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.

1 bed/1 bath | Single Family Dwelling | Park Rapids

Fantastic Opportunity to have your private sanctuary on 10 plus acres. The home was built with room ...
Property Type: Single Family Home
Bedrooms: 1 - Bathrooms: 1

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.
Investopedia

Real Estate Agent vs Realtor

A realtor is a member of the National Association of REALTORS® (NAR), a trade association. Both agents and brokers can be realtors, along with property managers, appraisers, and other real estate industry professionals. Realtors are expected to be experts in their field and must follow the NAR's code of ethics, which requires agents to uphold specific duties to clients and customers, to the public, and to other realtors. In addition to NAR, realtors must belong to a state or local real estate association or board.

All realtors are real estate agents or brokers (or something related), but not all agents or brokers are realtors, in other words. As of June 2020, the organization reported that it had 1.4 million members. Roughly 2/3's of members held real estate agent's licenses.

3 bed/2 bath | Single Family Dwelling | Park Rapids

LH4670 Beautiful 3 bedroom 2 bath home all on one level is located in a planned unit development wit...
Property Type: Single Family Home
Bedrooms: 3 - Bathrooms: 2

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.

2 bed/2 bath | Single Family Dwelling | Park Rapids

Private and well maintained Park Rapids home on 15 beautiful acres. Slab on grade featuring 1440 fin...
Property Type: Single Family Home
Bedrooms: 2 - Bathrooms: 2

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.
Investopedia

What Is For Sale By Owner (FSBO)?

For sale by owner or FSBO is a term that refers to a specific method of selling a property. In an FSBO listing, the owner sells the property without the use of an agent or a broker. Sellers typically choose to sell their home on their own to avoid paying the real estate agent the commission for the transaction.

1 bed/1 bath | Single Family Dwelling | Park Rapids

City living with the log cabin charm, views of Fish Hook River and just a quick walk to downtown Par...
Property Type: Single Family Home
Bedrooms: 1 - Bathrooms: 1

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.

4 bed/2 bath | Single Family Dwelling | Park Rapids

Sit on your deck with privacy and listen to the loons and birds. Very nice homey 4 bedroom, 2 bath h...
Property Type: Single Family Home
Bedrooms: 4 - Bathrooms: 2

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.
Investopedia

What is a Fixed Rate Mortgage?

A fixed-rate mortgage is a mortgage loan that has a fixed interest rate for the entire term of the loan. Generally, lenders can offer either fixed, variable or adjustable rate mortgage loans with fixed-rate monthly installment loans being one of the most popular mortgage product offerings.
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5 bed/5 bath | Single Family Dwelling | Park Rapids

This custom timber frame hybrid log home boasts over 10,000 sq ft of sprawling living area, includin...
Property Type: Single Family Home
Bedrooms: 5 - Bathrooms: 5

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.

4 bed/3 bath | Single Family Dwelling | Park Rapids

Quality built 4 bed,3 bath Gilmore Lake home in pine studded privacy! Every detail had been taken in...
Property Type: Single Family Home
Bedrooms: 4 - Bathrooms: 3

Real estate law, zoning law, and closing costs are important for home buyers to understand. A real estate attorney can help you navigate the legal process, protect your interests, and ensure that you are aware of all the costs associated with buying or renting a home.