Michele Petry - Profile and Journalist Details
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Michele Petry
Verified
Senior Real Estate Editor, Bankrate
New York
Beats
Fashion, music, tech (unless those topics dip into the crime genre!)
Content
By Mia Taylor Verified, Michele Petry Verified| Bankrate Verified Traditionally, selling your home involved paying the commission of both your own real estate agent as well as the buyer’s agent, which could run as high as 6 percent of the home’s sale price. As a result, New York sellers faced a steep commission bill when it came time to close on a deal, given the state’s high housing prices.
By Beth Braverman Verified, Michele Petry Verified, Casey Fleming| Bankrate Verified Everything old is new again — and that adage certainly applies to townhouses. This venerable form of housing originated in densely populated cities but can now also be found in suburbs and exurbs all over the U.S.And while their popularity has ebbed and flowed over the decades, there are signs that townhouses are on the upswing.
By Mia Taylor Verified, Michele Petry Verified| Bankrate Verified Traditionally, selling your home involved paying the commission of both your own real estate agent as well as the buyer’s agent, which could run as high as 6 percent of the home’s sale price. As a result, New York sellers faced a steep commission bill when it came time to close on a deal, given the state’s high housing prices.
Company Info
Bankrate
Bankrate is a prominent personal finance company founded in 1976 by Robert K. Heady. Initially known for its print publications, it transitioned to an online platform with the launch of Bankrate.com in 1996. This shift marked a significant evolution in its business strategy, allowing it to provide a wide array of financial information and tools to consumers. The company offers detailed insights on credit cards, mortgages, deposits, and other financial products. It features calculators and comparison tools to help users make informed financial decisions. Bankrate also operates a network of content-rich websites that focus on various financial categories, providing valuable advice for managing personal finances. While it has a history of print publications, its primary focus is now on delivering comprehensive online financial services.
Fort Mill, South Carolina, United States
+1 561-630-2400
Founded: 1976