 housing in san francisco? |
| is the financial district a good place to rent in san francisco if so what other parts of san francisco? And what neighborhoods should I avoid in san francisco. I want to rent where's there'... |
|
 How can I quiet down my apartment? |
| I live about 100 ft from a MAJOR freeway (5 lane). My sliding glass door faces the freeway and is single-pane. The apartment is a rental, so buying a dual-pane slider is out of the question. What ... |
|
 How much do Realtors have to pay to Real Estate Companies in Vancouver (either a Seller or Buyer)? |
After you get your Real Estate License, you have to join Re/Max or Royal LePage or ...
How much do day get for letting you join them?... |
|
 Having problems with a dodgy landlady/letting agent? |
| Ok so we were living there for 6 months under a shorthold tenancy (moved out 3 weeks ago). The house was a mess when we moved in; the boiler was leaking, the kitchen doors had mold growth on them, 2 ... |
|
 Do u sign any contracts when on a month to month tenancy? |
| I've never rented mont to month so don't know if one signs any sort of contract. I know if you rent long term, there's a lease you sign but wasn't sure about month to month. T... |
|
 Does anyone know how much notice a tenant needs to give on a long term lease? |
I know month to month, you should give 30 days, but how about a year long lease? How much notice should you give then?
I know each state is different but I can't really find anything ... |
|
 Anybody know what my rights are in this case? |
| My current house is for sale. The estate agent brought people to view the house. They have then moved my electric fireplace and scratched the woodpanel the fire place is standing on. The scratches ... |
|
 Panchayat approval is required to build house? |
my house was build 5 years before, we have total 2 floor, is which 2nd floor not in the blue stench plan. Weather any legal action we may face, if any one sue us?
pls. guide me if anyone ... |
|
 Can I buy property in the US??? 10 Points!!? |
| Hey everyone, I was wondering if I am able to buy property in the United States without being a citizen or resident... I live in Mexico but I am a business owner and I've managed to save some ... |
|
 What are CNA's making in Wa? |
| My family and I are looking at moving to the Olympic Peninsula. Can you tell me what the average salary for a certified nursing assistant is in that area? Also what is the average rent for a 3bd/ ... |
|
 Will paying cash speed up buying a foreclosed home? |
| I know it doesn't work for short sales but is it different with foreclosures?... |
|
 When do you get a house inspection after getting your offer accepted on a house? |
| My family put an offer on a short sale house and it got approved, our realtor who is my sister's friend said that we have 17 days after getting our offer accepted to cancel our offer(if we want ... |
|
 My mom wants to let go of our old home but my brothers and i want to keep it and the bank has not taken it yet? |
| My parents and i moved to Nv from Fl about 2years ago and left our old house to my oldest brother and in that time my brother hasn't been paying the mortgage and the bank has threaten ... |
|
 8,000 Dollar first homeowner credit HELP HELP HELP HELP HELP HELP!!!!!!!!!!!!!? |
| They have not sent my 8,000 dollar and i turned in my request form since december 2009 and i really need that money because we spent about 10,000 dollars remodeling the house PLease help I live in ... |
|
 Is there a website where I can find information about homes? |
| I was wondering if there was a website where you can type in an address and then they'll give you information about it. Like size, number of bathrooms, rooms, square footage.... |
|
 Lie on apartment lease....I need an answer please? |
| I am having a hard time finding an apartment to rent. My credit is good and I have proved that I can pay but they say that since I am a full time student they are not allowed to rent to me. I am a 3... |
|
|  |
DAUTS | Do you save money if you do not hire a realtor when you want to buy a home? If so, how? |
How can i save the realtor's commision if i buy it myself? Do i save the realtor's commision or does the listing agent receive a double commision? (Please answer this for us, it is a very important question that millions of people are wondering.) |
 |
 
lightupthesky25
|
It will depend on the customs in your area. However, if you live in an area where it is typical for the seller to pay both the buying and selling agents' commissions, not using a realtor on your side will net the seller more money (seller would only end up paying his own agent's commission).
Say you buy a house for $100K. If each agent got 3%, they would each get $3000. So if you had an agent and the seller did as well, $6000 would come off the sales price. The seller would get $94K (minus any of his other closing costs and loan payoffs). If you chose not to have an agent, the seller would only pay his agent $3000 and would get $97K (minus any other closing costs and loan payoffs).
It really benefits you to have an agent. You are taking a loan out for the same amount regardless, so by using an agent you have someone working for YOU and you aren't losing any money on the deal - the seller is. That is why many buyer's agents will tell you that it doesn't cost you anything to use them. |
|
Chuck
|
No - the buyer should not pay anything to the realtor. Normally, the seller pays the commission to both the listing agent and the selling agent. |
|
I Love IDOL
|
If a seller has hired a real estate agent to sell their home, usually the contract between them states that if the home is sold while under contract, the agent gets the commission even if they did not bring in the buyer. If there is only 1 agent (the listing agent) they will get the full (usually 6%) of the sale.
Will the buyer save money, not likely.
You best bet would be to contact the listing agent and work with them on the sale. Knowing that they will get the entire commission, you may have more bargaining power when it comes to your offer, but only if there are not multiple offers on the property. Multiple offers mean the highest and best will get the house.
With multiple offers coming in, often the seller will wait it out till they get a really high, possibly even higher than asking, offer.
On the other hand, if the home has been on the market for awhile, 3 months or longer, you have a better chance of making a low offer and getting the house. You can always ask the listing agent, after your offer has been turned down, if they can help the deal along by lowering their commission a bit.
This is often done to close a deal. |
|
Chicagodudeman
 |
The seller pays the realtor on both ends so your not saving yourself any money by not using a realtor. If your selling you could save. Check otu loanhomeonline.com/findamortgage for financing if you really want to buy it yourself your not savings yourself anyting b/c you woudl't pay anything anyway but also the listing agent would recieve commission for both sides of the deal and they cant really wrok their best for both of you, they will favor one side. If you buy from someone selling fsbo you could do it yourself but you'd still have to hire a real estate attourney. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 30 minutes(s) ago
| | | |
10 | 31 minutes(s) ago
| | | |
10 | 1 hour(s) ago
| | | |
10 | 5 hour(s) ago
| | | |
10 | 9 hour(s) ago
| | | |
10 | 11 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
10 | 2 day(s) ago
| | | |
10 | 6 day(s) ago
| | | |
10 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
