Metro Detroit real estate answers
Straight answers on buying, selling, and investing across Oakland County.
What is a real estate buyers list?
A real estate buyers list is a maintained roster of investors ready to buy properties for cash, usually kept by a wholesaler or agent
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What is the difference between a broker and a Realtor?
The short version: every Realtor is a licensed agent or broker, but not every agent or broker is a Realtor. A real estate agent
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How do you calculate ROI on a rental property?
To calculate ROI on a rental property, you run three numbers: cap rate (net operating income divided by purchase price), cash-on-cash return (annual cash
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How do you determine the value of a commercial property?
Commercial property value comes down to three appraisal methods: the income (cap rate) approach, the sales comparison approach, and the cost approach. For income-producing
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What is my home worth in Metro Detroit?
Homes across Oakland County are selling for a median of about $382,000 as of mid-2026, up 2.4% from a year ago. But that county
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How much is a buyer’s agent fee in Metro Detroit?
In Metro Detroit, a buyer's agent is typically paid 2.5% to 3% of the purchase price, and since August 2024 that fee is negotiated
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