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 Tenants beware did you know this?
I rented a house for three years, the landlord and myself had a dispute, in which I had to call the police to have him removed and for the last six-month of the tenancy we did not speak, after ...


 Do you prefer to live in a house, townhouse or apartment?
...


 Can a landlord charge per day for not returning the key?
I recently moved out of my apt in NYC but did not return the key until 12 days later. Can the landlord charge me per day for holding the key?...


 What do i do if my landlord is breaching the tenancy agreement?
My landlord/agents are not giving me the required 24 hours notice to enter my property to to maintenace work. I would like to know where i stand and what i can do to stop this happening?

T...


 Why aren't houses in the South built with basements?
...


 Ca i use my credit card to make a down payment for a house?
can i use my credit card to make a down payment for a house?
credit line $15k max and no balance on CC. can i use it for a down payment?...


 Does my husband have leagal right to come home to our house after being gone over 2 months?
...


 If you are showing your house to buyers and a rat comes out dragging a rattrap because it didnt quite kill him
what is the best way to laugh it off?... What is the appropriate thing to say to potential buyers? It ruined my last deal... I just want to make sure it doesn't happen again......


 How much MONEY does it cost to file a SMALL CLAIMS COURT CASE????????
I moved out of my house at the end of my lease last month and I'm trying to get my $925 security deposit back from my landlord[s], but they keep bullshitting me, and now they won't answer ...


 If someone buys a foreclosed house for $8000, can they sell it for a hugh profit,between $50,000 and $100,000?
...


 I have no lease and I get charge a late fee if I am one day late?
I am renting and I have not had a lease for 11 years, within the last year my landlord told me that he wants $50.00 if I am even a day late. Within the last year I have been late 3 times, 2 of the 3 ...


 If a property sale is $224,000, and is appraised at $230,000, what does that mean for the buyer?
...


 Im looking to purchase a home,and Im ready to make an offer?
Is 10% less than the asking price going too low or could I go lower and hope we can meet in the middle....thanks in advance......


 Where can I buy a house between 80k to 90K In US?
Where can I buy a house between 80k to 90K In US?
Not a condo, I said house 3 bd room at least 2000S...


 Rental deposit?
I recently moved out of my apartment and my ex kept it, he was never on the lease and now hes been asked to fill out a new lease am I entiltled to my deposit or can he apply it to his lease?...


 Can u proofread this so i wont get EVICTED??
i can not afford to live here anymore so im moving out. do u think this letter is ok?? can someone edit it or read it for me. thank you.

Dear Oak Tree Court,

First of all, thank ...


 I owe more than my house is worth? Felt like i was scammed?
Hi,
we refinanced our home 3 years ago and took some cash out to pay some bills, now we have to move to another city and to find out that we owe 20k. I dont understand? I talked to an ...


 Am I allowed to have two leases for apartments if my one lease is ending a month after I move to the new city?
Im currently living in a town and my lease is up June 1st. I want to move May 1st into a new apartment but my landlord is being picky about the lease. Am i able to pay for my last months rent and ...


 How long do I need to be at my job before applying for a home loan?
Hi,
I just moved to this area about 6 months ago and am thinking about buying a house. This would be my first home. Do home loans require a certain length of time on the job?
Thanks!...


 Can anyone tell me if its true that you cant refinance a house while it is listed for sale.?
...



toolate
Can i have 2 seperate realtors? one for selling my current home and one for buying another?
i already have one for buying another but shes way too high for selling mine..she would want 10%! i never even heard of that! i know someone who will do it for 8% can I go with him?
                     
 




teran_realtor
Rating
jbarell - Good answer!!!!

jim m - please go talk to your broker before suggesting that commissions be set in any area.

jbarell is probably right - the 10% is probably the agent's estimate of all the closing expenses. Be sure that you understand what the two agents are saying - also, see if the agent who is helping you to find a house would cut their commission (or do a rebate) on the close of the second of the two. Better price for you, and the agent gets both transactions from you.

Note: There is no "set" commission anywhere. There may be average or "typical", but commissions BY LAW are negotiable and any brokers getting together to "set" the going rate will quickly land in prison.


venicefloridarealtor
Yes. You can use separate agents - one representing you in selling your home, and one to help you buy the next one.

10% sounds really high to me. So does 8%. But this point is negotiable. Ask your listing agent - if he insists on 8%, if he will take less (5%? or 6%) if he brings the buyer. I think that would be fair.

Otherwise, check with some other agents in your area to see what they charge (full service, full time agents with proven sales, preferably in your neighborhood). In our market, we see more of 6%, but then every market is different.

Good luck and best wishes.


Tomuneko
Rating
10% is extremely high! I've never heard of anything higher than 8%. Washington state is usually 6%. You have to ask yourself, if you sell your home for $250k, the real estate agents share the 10%, or $25k. Is their service really worth that much money? I have yet to meet an agent who is. Definitely shop for something better. -Tomkat-


satrurn1256
Rating
yes, you may. You can sign two different contracts if you want.

Are you moving to another part of town or another part of the state or out of state completely.

If you are staying in town why have 2 agents? If you are moving out of town, then of course you will have 2 agents.


jbarelli
Ten percent seems very high for selling a house or condo. I often tell people to figure 10% for total selling costs, including commission, escrow fees, excise tax and miscellaneous costs (pretty much everything except loan payoff). Are you sure that this isn't what the agent was talking about?

Additionally, the commission is often determined by the type of property. 10% is not uncommon for bare land, for a manufactured home in a park or for "challenged" properties, where the selling price is likely to be very low and the work needed to sell the property is likely to be intensive.

As for having separate agents for buying and selling, that can be a good idea. Different agents have different strengths and talents, and the skills needed to help a buyer are somewhat different from those needed to market a property.


stephenweinstein
Rating
Yes, anyone moving too far for the same realtor to be working in both places does this.

Also, most realtors charge only 6%.


helprhome
You can definitely have more than one REALTOR but, before you hire the second one be sure what you have already signed with the first one! read it again!

Don't jut rely on what is said either commissions are negotiable and the first agent may want to list your property enough to meet the other REALTORS price. It's worth a question to find out! Good Luck with it.


I_Love_McRedneck
Rating
Read the contract you signed. It should tell you what services they agree to provide. They may have slipped it in that they'll help with buying AND selling. If so, you're stuck unless you want to wait until your contract expires.
Most people calculate the cost of a realtor in their selling price - you may just be stuck standing firm on your price.


Jim M
Don't list your home for over 6%. That is absurd.... There really should be set commissions in your area.

4-6% max.

If they don't want to do it.... find someone that will. If you need help .... I am an agent..... and I will find you someone to help you.....let me know.


mazziatplay
Rating
The fees for Realtor services are paid from the commission paid by the seller. You should not have to pay the Realtor who finds your new home and negotiates the terms of sale.


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