 Should I get a home inspection done? |
| Property values in my neighbourhood have skyrocketed. I bought a fixer upper 4 years ago, did about 45 to 50 k in upgrades including new bathroom, new kitchen, new roof, new 3/4 copper pipes, ... |
|
 What's the most ethical way to split the profits? |
| My mom and I are looking into buying a condo and selling it in five years. This place is approximately 100,000. She is planning to put down 40,000, and I will be making all of the monthly payments, ... |
|
 Should I go forclosure??? |
| I bought a condo 2 years ago and finaced 100%. My interest was fix for the first 2 years which is due on Sept. I have heard that it will go upward after this period. Recently i have my hours cut ... |
|
 At what point is a real estate agent being a bully and at what point are they helpfully guiding? |
| My fiancee and I are buying a house that is livable but needs a lot of work. All parties in this deal know this. The seller's agent is being abusive since receiving our home inspector's ... |
|
 Shall we pay more for renting a house if other people move in? |
| We rent a house (2 of us) for 450 a month. Now my brother and his girlfriend would like to move in. Can the agancy say that we have to pay extra? I belive we rent the whole house for 450, regardless ... |
|
 We rent a house. The landlord is going to repair the plumbing. ? |
| We have been told the water will be off to our residence for up to 1 week. Our family consists of 2 adults and 3 children. Also, both adults (myself and my daughter) work at home. Does the ... |
|
| Do sellers ever allow prospective buyers to rent first? |
| My husband is getting a windfall in February and we have just started looking, we have found the ideal house for our family. The house has been transferred to the two grown daughters of the origional ... |
|
 HOW CAN YOU BREAK A LEASE AND STILL GET YOUR DEPOSITS BACK? |
| My fiancee just moved in to our apartments a month ago exactly yesterday. the 15th and we have to move to texas A.S.A.P. we paid $200.00 deposit plus a additional deposit of $731.00 that is almost $1,... |
|
 Putting an offer on a house? |
| I put in an offer for a house today for $260K, it has been on the market for 60 days at $285K, and saturday it was lowered to $269K. They had an open house yesterday, with a lot of traffic, but the ... |
|
 Is an 80/20 type of loan the same as a "subprime" loan? |
I am getting my first home and with all the bad news going around regarding lenders, I am wondering if this two types of loan are one and the same.
thanks.... |
|
 Can my apartment charge a monthly service fee when it was never mentioned in the lease agreement? |
| My apartment sent me my rent payment notice and it has a 5.00 service fee on it . Can they charge me the 5.00 plus their rent when it doesn't mention it in the lease.... |
|
 Should I lock my rate now or wait? |
| I am in the process of buying a home in Oklahoma with an expected close date of Jan 31, 2008. My lender is working on the final approval and I have been told we should be able to lock our rate very ... |
|
 I'm in the process of buying a home, the home was appraised for less than what the seller is asking for.? |
| What happens next for me, does the seller lower the price to reflect what other homes in the neighborhood are selling for? Or do I have to start the process of looking for something else.... |
|
|  |
diego m | Does the buyer has to pay some money to the realtor aswell ? |
|
 |
 
hithere2ya
 |
Depends. If the Seller is not paying a commission it can become the buyer's responsibility to pay. Usually the listing agreement covers that situation, and the agent that lists the property shares a portion of the commission paid at closing. However it is not a law that the listing agent MUST pay a commission. Sometimes there simply is not enough room in the deal to make it work to compensate an outside broker, and in that case it is up to the buyer to compensate their representative. This is usually a commercial real estate deal, not usually in residential.
If a seller is not offering a shared commission agents usually move on to another property, there are plenty of choices to present to a client that will not involve additional costs over the sale price. The overwhelming number of real estate sales occur via a real estate company; it is usually also deemed in appraisals that even if you have not used a real estate agent to assist with the purchase, you paid for the services anyway. With that in mind, use a licensed agent, as they have the training to get the job done right and tools to effect a timely sale.
You need to have this understanding up front before you agree to employ any agent. My staff clearly does that as part of their duties and obligation to the client. We specialize in commercial sales, but also have extensive experience in both commercial and residential real estate. |
|
Marianne
|
That just depends on the buyer agreement that you signed. Sometimes a realtor will charge a transaction fee, often though they will not, just ask them if buyer services are free. |
|
Searchlight Crusade
|
Not unless the CBB (Cooperating Buyer's Broker compensation) you offer doesn't cover whatever he agreed to pay his agent. But shorting the CBB is a good way to have a property sit unsold. |
|
mspriveye
 |
yep, unless he is a good friend and just wants to work for you for free. |
|
Big Sista
 |
No it is the expense of the seller. |
|
I hear ya
|
no seller should assume cost
I sell homes so i pay because I'm making the money
Realtor is pulling a fast one ask other Realtors |
|
Papa John
|
No, the commision comes from the seller's proceeds. |
|
Price is what you pay for value.
|
No, and on top of that, ask seller to pay for the closing cost.
http://biz.yahoo.com/brn/060909/19463.html
http://money.cnn.com/2006/09/08/real_estate/caught_in_the_bubble/index.htm?postversion=2006090814
http://money.cnn.com/2006/09/05/real_estate/Ofheo_home_prices/index.htm?postversion=2006090514 |
|
newsgirlinos2
|
Unless otherwise written into the contract the buyer pays all closing costs. This may or may not include the real estate commission depending on the state you live in. As a real estate agent I always suggest that my buying clients offer at asking price or up to $5000 above asking price with the stipulation that "the seller will pay all the costs required to close the sale."
Make sure it is worded exactly that way so if the cost of closing means getting a new roof then the seller either pays it or the deal is canceled. Some contracts require the buyer to pay "all the costs of closing the sale." In that case if the lender required a new roof the buyer pays or loses their down-payment for failure to close the sale.
A good Buyer's Agent is worth their weight in GOLD. NEVER use the same agent that is representing the seller! |
|
satarnag
|
You should never pay a Realtor to help you buy a home. In fact, in today's market, the Realtor should split his commission with you. If you're in Southern California, Contact me and I'll have one of my agents help you out and give you money as well.
Regards |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 38 minutes(s) ago
| | | |
10 | 3 hour(s) ago
| | | |
10 | 5 hour(s) ago
| | | |
10 | 10 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
10 | 2 day(s) ago
| | | |
10 | 5 day(s) ago
| | | |
10 | 6 day(s) ago
| | | |
10 | 2 week(s) ago
| | | |
10 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
