How A Home Sale Stimulates the Local Economy
Ever wonder how one sale affects the community? Let’s look at it from the point of sale. In one transaction, there are several agencies involved: realtors, home inspector, attorney, title company, appraiser, banks, surveyor, local government, and restaurants, grocery stores and retailers including moving companies, paint, home improvement, furniture and electronic stores. You can pool, lawn and specialty contractors such as tile, painters, handymen, roofers, pest and alarm companies. Perhaps each entity provides a small service and receives a small compensation but this one sale has the potential to generate income activity for a broad ripple within a community.
