Liz knows Real Estate, I sell with Dwell

09/15/2025

📈 Build, Invest, Profit in Scranton!

Looking for the perfect spot to create your new home or investment property? This vacant lot on Prospect Ave is zoned R9, giving you options for a single-family, two-family, or even townhouse-style home.

📍 1909 Prospect Avenue, Scranton

Enjoy a great location with the flexibility to design a space that fits your lifestyle. Whether you’re looking to build for yourself or as an investment, this lot is full of potential!

https://www.flexmls.com/share/Cn4FQ/1909-Prospect-Avenue-Scranton-PA-18505

09/15/2025

08/22/2025

North Scranton 0.6 acre corner lot For Sale!
- 1402 N. Rebecca Ave.
- $49,000

Take advantage of Scranton's LERTA. Any improvements are 10 years tax free. Across the street from the baseball field. Build a Single Family or Duplex Home with no zoning approval. Large Lot with numerous access points.

Reach out for more information!

08/18/2025

Lot in South Scranton For Sale!
- 1909 Prospect Ave
- $29,000

Take advantage of Scranton's LERTA. Any improvements are 10 years tax free. Build a Single Family or Duplex Home with no zoning approval. Beautiful cleared flat lot to build on.

Reach out for more information!

07/08/2025

06/06/2025

🚨 Property Tax reassessment info!

The Lackawanna County Assessors Office has announced the reassessment schedule for the rest of 2025. For more information about reassessment, visit shorturl.at/ixgfR.

05/13/2025

04/19/2025

Requested Bonus Words!! 🏠

An eave is the part of the roof that extends beyond the exterior wall of a house. It’s basically the overhanging edge of the roof. Eaves serve both functional and aesthetic purposes.

What eaves do:
- Protect the house from rain by directing water away from the walls and foundation.
- Provide shade, helping to regulate indoor temperatures.
- Allow the roof to ventilate, through the soffit and out the ridge vent (not all roofs are designed to vent)
- Create a spot to install gutters, soffits, fascia and decorative elements.

Eaves are typically made up of:
- Fascia (The board that runs vertically along the lower edge of the roof)
- Soffit (The underside of the eaves, often made of panels, which can be perforated for airflow)
- Gutter

04/18/2025

Word #10 💡

An escalation clause in a real estate transaction is a tool buyers use to stay competitive—especially in multiple-offer situations. It’s a clause added to an offer that says:

“I’m willing to pay X amount, but if another buyer offers more, I’ll automatically increase my offer by Y increment, up to a maximum of Z amount.

🧾 What’s in a typical escalation clause:
- Starting offer price (the buyer’s initial bid)
- Escalation amount (how much higher they’re willing to go over the next best offer)
- Cap (the maximum price the buyer is willing to pay)
- Proof requirement (seller must provide written proof of a competing offer)

⚠️ Things to consider:
- Sellers aren’t required to accept escalation clauses. Some prefer flat offers with no strings.
- Could reveal your top price. Even though your cap only activates under certain conditions, it tips your hand.
- May complicate negotiations. Sellers and listing agents need to carefully review and validate other offers to trigger it.

04/17/2025

Word #9 💡

A broker can work independently, supervise agents, and even own a brokerage.

🧩 Here’s a breakdown of the roles:
🏡 Real Estate Agent
Has a basic license to help clients buy, sell, or rent property.
- Must work under a licensed broker.
- Can’t operate independently.

🏢 Real Estate Broker
Has passed a higher-level exam and met extra experience requirements.
Can do everything an agent can, plus:
- Run their own real estate business
- Hire and manage agents
- Oversee transactions for legal compliance

💡 Types of Brokers:
Principal/Designated Broker
- Responsible for the entire brokerage and its agents
- Ensures compliance with state laws and ethics

Managing Broker
- Oversees day-to-day operations and agents
- Trains and supports newer agents

Associate Broker
- Has a broker’s license but chooses to work under another broker
- Doesn’t manage the office or other agents

04/16/2025

Word #8 💡

🏡 A real estate agent’s fiduciary duties include:
1. Loyalty
They must always act in the client’s best interest—even above their own profit or commission.

2. Confidentiality
They must keep sensitive information private—even after the transaction is complete. For example, they can't reveal how low a seller might be willing to go, or how high a buyer is willing to offer, without permission.

3. Disclosure
They must tell you everything they know that could affect your decision—like if the property has received multiple offers, or if there's something unusual in the neighborhood.

4. Obedience
They must follow all lawful instructions from you, the client, even if they disagree—unless it’s illegal or unethical.

5. Reasonable care and diligence
They’re expected to be competent, thorough, and careful—whether it’s writing offers, reviewing contracts, or managing deadlines.

6. Accounting
They must properly handle and keep track of any money or documents involved in the transaction, like earnest money deposits or contracts.

🤝 Fiduciary relationship starts when:
You sign a representation agreement—a listing agreement if you're a seller, or a buyer agency agreement if you're a buyer. Until then, the agent technically doesn’t owe you fiduciary duties.