 19 year old first time home buyer? |
| I'm 19 years old and am interested in purchasing my first home. I have a steady job that i've had for over a year, I gross a little less than $600 per week. I have a credit card but i'... |
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| I moved in about 4 months ago and had a few proublems that have not gotten fixed until a few days ago and they got fixed by me and it was taken off my rent. There are roaches in my apartment (i have ... |
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 When would the rent be due? |
| If a landlord ask for first and last months rent plus an extra month and a security deposit when would my first payment be due? Also does anyone else think this is a bit extreme?... |
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 Is it the agent's job to call the home insurance company to get a policy or should i do it? |
| our closing will be this wednesday...everything is good ...the only thing that is missing is the home insurance ... |
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| I'm a good tenant. Pay the rent on time, etc. Now, things become missing, and other things, unmentionable, are happening. I live alone, and I DON'T FEEL LIKE MOVING. Have talked to ... |
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| I have an efficiency, and my friend who is abroad is coming back next semester is most likely moving in with me. Do I have to tell the owner/landlord that someone is moving in? What if I don't ... |
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| my mums house is housing trust but was part of the council i live here with my family now but she wants to move away and buy a house can she pass the house down to me or do i have to apply to the ... |
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 Can a landlord tell you they want you out in a day and say the things you dont take will be put outside? |
| a assistant of the manager told me that i have a day to get all my stuff out the apartment or the rest will be set by the curb the assistant said they will be fileing eviction for me to vacate but ... |
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 Info on renting a house? |
| I'm interested in renting out a house I've lived in for the last 7 years. I would like any help with some of the fine details on being a landlord. The likes of say, contracts, duties, ect.... |
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| My fiance and I are getting ready to move into an apartment. We paid our landlord $425 for rent, plus a $200 security deposit on Friday the 25th. He said he would not give us the keys to the ... |
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 So I am buying a house and I'm just curious...? |
| I went through the pre-qualification process, found my home, made an offer, signed the purchase of sale, and now have givien the bank my papers to complete the process. I am just a worry wort and ... |
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 Can my landlord raise the rent when another person moved into the extra bedroom can he do this? |
| There are three of us on a lease for a four bedroom house. The advertisement said that it was a four bedroom for $1350. Now that we had a fourth move in he wants to raise the rent $250 dollars ... |
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 Im getting a divorce and our house is not selling......? |
I am considering re-finacing the whole thing in my name and renting it out until the market improves. Will this hurt me more than it will help me? I need some professional advice.
Additional D... |
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 Should I Be Worried! Please Help - About to Purchase Condo? |
Ok, first thanks for reading this question.
My wife and I purchased a Condo Last Year in Chicago for 360k, this Condo was under construction and will be ready in July. We already gave 36K ... |
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 Real problem, so I need real advice...? |
| My boyfriend and his ex lived together for 2 years. Four days before they were to renew their lease, she decided that she was moving out. This gave him no time to find another roommate or find a ... |
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Yo! | How much does a real estate realtor get paid? |
i know they get paid by each house they sell, but how does it work? |
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smurfee68
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They make 3-7% of each sale.
So if they sell a home for $100,000.oo they receive aprox.
$3 - 7,000.oo. depending on the realty company they work for. |
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cdapelo@sbcglobal.net
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It will depend on your commision split with your broker. Average commision for a house is 6% which is to be shared between the 2 brokers (Buyer and Seller). Then the broker will pay the agent his/her commision let say 50% of the brokers commision minus all the desk fees and insurance.
Let say a home is priced at $100,000. Buyer's Broker is Century 21 and Sellers Broker is Remax. With 6% ($6,000)commision split between the 2 brokers they will both get $3,000. Now let say the agent that works for the broker has a contract agreement of 50/50 minus total desk fee of $500 per transaction. Then the real estate agent will get half of the $3000 which is $1,500 minus the $500 desk fee. Final commision for the $100,000 home is $1,000.
Remember that a Real Estate Agent needs to work and split commision with the broker so, the 6% commision is basically split into 4 not 2 that most are saying. |
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squeezie_1999
 |
With a very few exceptions, the realtor's commission is paid by the seller as a percentage of the sales price. Therefore, the real estate agent works for the seller, not the buyer. The amount of the commssion is totally a matter of negotiation and in our area (East Coast), ranges from 3% to 7%. The selling broker himself/herself, usually has to split the commission with the broker who brings in the buyers and in addition will split the commission with their office. So the broker may only end up with 1 or 2%. |
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MOM KNOWS EVERYTHING
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They receive a commission based on a percentage of the price of the house when they sell it. This is usually around 6% of the sale price. So, for instance, on the sale of a $100,000.00 house, the realtor would get $6,000.00. HOWEVER, sometimes the commission has to be split between two realtors, the one that listed the property for sale and the one that actually found a buyer for it (that could be the same person, but often it is not.) |
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NHMike
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Realtors typically get a percentage of the selling price, usually in the 5% to 7% range. If there are realtors for both parties, then the commission is split, and then each realtor forks over a big chunk to their office to cover overhead expenses. I would be surprised if a realtor keeps more than 50%-60% of their share.
So, if a house sells for $300,000 and the negotiated commission is 6%, then the realtor(s) get $18,000 and the seller gets $282,000. The $18,000 is shared by the realtor(s) and their office(s).
You can see why FSBO (For Sale By Owner) is a growing segment of the realty business. I sold my last house by myself and saved over $6,000!! |
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bshmalb
 |
It depends really....
It depends on houses sold, the price of each house sold, commission rate, what the commission split is with your broker, which area you are in. And much more. I've heard the average for a Real Estate agent is $30-40k. Of course this includes all of the agents that only do it part time for a little extra cash and full time agents, so it's not really a good figure to base the salary of a full time real estate agent. |
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Wild Wabbit
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About 6.5 percent of the selling price of the property. |
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mccoyblues
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I believe the Real Estate commission on a home sale is 7%. The agent who sold the house and the agent who listed the house split the commission 50/50. So each one would get 3.5%. The commission is negotiable but 7% is the standard figure.
Sales commission on a house that sells for $100,000.00 would be around $3500.00 |
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hottotrot1_usa
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Usually the selling agent and the buyer's agent split the commission. The commission is usually 6 to 7 percent of the house's selling price. Frequently the agent's office gets some of the fee. |
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