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Real Estate Trivia
Welcome > Resources > Trivia ...

Enjoy! 

I've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun... 


Q 

Where will you find the world's largest indoor waterfall?

A  The lobby of the International Center in Detroit, Michigan has a waterfall of 114 feet, backed by 9,000 square feet of marble.

Q 

What tropical haven is back in vogue, attracting celebrities like Cher, Madonna, and Sylvester Stallone, who have homes here?

A  Made up of 17 islands in Biscayne Bay, Miami Beach is the "American Riviera" and famous for its tropical beauty.

Q 

From 1974 to 1996, what was the world's tallest habitable building?

A  The Sears Towers, headquarters for Sears, Roebuck & Co., with 110 stories and 1,454 feet high.

Q 

Where would you go if you wished to stay in the world's most expensive hotel room?

A  The Imperial Suite at the President Wilson Hotel in Geneva, Switzerland, which can be reserved for $33,000 per night.

Q 

What is a "jumbo mortgage"?

A  The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates.

See More Real Estate Trivia >


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Real Estate Tips
Pricing >Sellers Beware

Here is a scenario for sellers to avoid. You contact a real estate agent to list your home and the agent suggests that you might get more for your house than comparable homes on the market. The agent assures you that it only takes finding one person who is willing to pay your price!

Some agents approach a listing appointment as if they are bidding for your home. The unfortunate result is that you start out with an unrealistic opinion of your home's value. There is often a strong temptation to work with a person who says what you want to hear. An experienced, reputable real estate agent will back up their opinion of your home's value with hard data. The agent should give you information about the listing price of homes that are currently on the market, and recent selling prices of similar properties in your immediate area.

Even the most heroic marketing efforts won't work on a property that is obviously overpriced, (except in the most exaggerated of seller's markets.) Even if you find a buyer who is willing to pay more than your home is worth, the sale could fall apart when the appraisal comes in lower than the agreed-upon price. Listen to everything, but be careful!

See All Tips In The "Pricing" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >


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Lacie Maynard, REALTOR®, real estate agent and broker for Gulf Shores, Orange Beach and Foley, Alabama home listings, property and land for sale - NUMBER1EXPERT

Lacie Maynard
Realty Executives

3479 Gulf Shores Parkway, Ste. B
Gulf Shores, AL 36542
800-760-6019
Fax: 251-968-4340
laciemaynard@NUMBER1EXPERT.com

Always willing to go the extra mile, Lacie's outstanding attention to detail has earned her continual referral business as well as a wealth of new business. For nearly a decade, Lacie has been a top listing and selling agent all along the Alabama Coastline. As one of America's NUMBER1EXPERTS™ in the Gulf Shores, Orange Beach and Foley area Lacie is well equipped to guide you through all your real estate needs. Call or email her today!


Realty Executives Gulf Shores, Orange Beach and Foley real estate, homes for sale and home buying in Alabama, Baldwin County RealEstateABC

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