 I am on a 3 year rental deal just and wish to buy, can any percentage of the rent be used as my deposit? |
| i wish to purchase the property which i have just started renting, can any percentage of the rent be put towards my deposit from my ... |
|
 Why do lower income neighborhoods have crappy lookin lawns? |
the grass is dead in the summer. weeds grow up the sides of the house and over the sidewalk.
Not all houses, but most of them.
Don't they have pride in their property?... |
|
 Mortgage help for a first time home buyer? |
| I am looking to get out of renting, and my lease is up in almost 3 months. (end of Dec). Question 1. When should I start looking for a mortgage, to be preapproved or prequalified? Question 2: what ... |
|
 Where to adverise my services in Real Estate and Mortgage? |
Want to advertise and marketing my services as a Realtor and a Mortgage Broker in Florida. Anyone knows what is the best way and for free? I just started in the business.
Thank ... |
|
 How can i rent an apartment without having a source of income? |
I am a college student, and I was thinking that renting an apartment would be cheaper, than staying in a dorm.
I've reviewed my finances and I have enough for 3 months rent up front.<... |
|
 Undisclosed mold? |
| I live in Ohio. I bought an appartment building about a year ago, aparently the previous owner had a tennant evition. The tennant retailiated by plugging all of the drains and turning on the water ... |
|
 Should I sell my house asap???? |
| The value of my house went from 360k to 280k in less than a year. I'm 70k short of losing all the equity. I'm afraid, by next year I will probably lose the down payment I put when I first ... |
|
 How can I legally terminate a lease? |
I really don't have any problems at my current apartment, but I would like to move from off-campus housing onto on-campus housing at my university.
Serious answers only, and please ... |
|
 Is the process of eviction still the same if there is only a verbal agreement? |
| I need to know if the eviction process is still the same if there is no written agreement instead only a verbal agreement and the tenant refuses to move out. If not what should be done about getting ... |
|
 Can someone help me understand a interest only mortgage loan? I think im getting screwed over!? |
| so, we build our house last year, my husband is in construction and his dad is a contractor. I just recently found out his dad took out a second mortgage on his house to be able to build our house. T... |
|
 Is buying a foreclosed property a bad idea? |
Assume that:
1. You can inspect the property
-or-
2. You cannot inspect the ... |
|
 We made an offer on a home but is it too low? |
| We recently got a offer on our current house and we placed a offer on another how we wanted. The house is 2200 sq feet 4 bd/3 bath for 169000. . The seller has been trying to sell is since Jan 08. So ... |
|
 Can my landlord sell the house I'm renting? |
| I'm 6 months into a year lease on a house in Florida. Ever since we signed the lease, our landlord has given us a hard time about every little thing. She now wants to put the house on the market.... |
|
 Do you have to use the mortgage insurance the lender provides? |
They want to charge $450/month on top of the house payment.
Additional Details
We're borrowing $155,000 and they want to tack $458 to the monthly payment, making the payment $1778/... |
|
 Help! I have a rent control apt. in Hollywood for $580 a month. My landlady harasses me because she wants me? |
| to move so she can raise the rent. She has already run off almost everyone who was here when I moved in 4 yrs ago. I always win so far cuz I don't do anything wrong. I have to decide by ... |
|
|  |
♥Mz Business Woman♥ | I would like to know if it costs anything to put your home on the market to be sold? |
Also, we were considering doing this through Keller-Williams Realty. If you've ever dealt with Keller-Williams, what was your experience(Good/Bad)? |
 |
 
SamG.- RSVP Austin Homes
 |
A great agent will be upfront with you on what you need to be done in order to compete in the market.
Most seller I deal with told me their home is worth more than what is sold in the area. You might spend more on your upgrade and your taste to personalize your home but the next buyer might have a different taste, Buyer will not pay any more for your house than what a comparable house was sold for across the street from you.
Dont forget to ask the agent you hire about his marketing plan. If your home is at least on the $200K the agent should include a virtual tour in addition to a regular marketing plan.
I am a Keller Williams agent, great agent training but really, it's up for the agent to put their training into action. Make sure you hire an agent with designations, GRI, ABR, CRS, etc... this means the agent is serious and taking advance classes to get ahead. These agents are usually more creative and better negotiation skills.
Normally, agents will not charge you anything until your home is sold, on some instance though, when the seller wanted to list the home above the market value, agents usually charge a marketing fee, because we know the house will sit on the market for a while until the seller realized that the home is overpriced and decided to lower the price at market.... the agent know he will spend more on marketing the home if it stays longer in the market.
When you interview your agent, make sure he knows his/her numbers. Ask about the inventory in your area, sold comparable properties in the area, and make sure his opinion of price is backed by his data....
Good luck.... I hope this helps! |
|
MamaBear
 |
Keller Williams is a great company with a big emphasis on ethics and fair treatment. They have grown tremendously in the last few years, But, really, you hire an AGENT, not a company. The company has superb training and support, but it's up to the individual agent to make the most of their training and bring their skills to work for you.
Many agents these days have either full service or you can choose and pay for the services that you want (pay as you go). Traditional full service (and still most popular), you will pay, at closing, a fee equal to approximately 6% of the sale of your house to the agents involved in the sale. The exact amount is detailed in your listing agreement Usually 3% goes to the listing agent, and 3% goes to the selling agent (it's rare for an agent to sell their own listing -- sometimes, if they do, they'll give you a 1% break on the commission, so that everyone wins.) From your listing agent's 3%, there will be a fee paid to the broker/office, but that's between the agent and their office -- not your problem.
With other listing agents, you can "pay as you go", i.e., pay them a fee to list the house in the multiple listing service for maximum exposure. Then pay another fee to produce flyers. Pay another fee to hold an open house. Pay another fee to review a contract. Etc., etc. Only problem with this approach is that you don't have someone keeping an eye on the sale from start to finish, which can be tricky if you're new to this.
You'll probably run into some costs to get the house ready for sale -- an agent may recommend new paint to eliminate a peculiar or unfashionable color in some rooms, or suggest refinishing a tub or replace a worn kitchen counter if those things detract from getting maximum value for a house. |
|
acermill
|
Most real estate agencies contract to sell your house for a fixed percentage of the final agreed sales price. Some have early termination expenses (if you change your mind after a month, and the agency has expended considerable monies in promoting the property).
As far as Keller-Williams goes, they were in my area for about nine months last year, and closed the doors thereafter. I can only assume it was because they were not making money. |
|
godged
 |
As a seller, you have to pay the Realtors a commission.
There may be some transfer taxes, depending on area.
We don't have Keller-Williams in my area, but googling the program, I understand they have alot of agents in the stable, but not a bunch of production. |
|
mom of a boy and girl
|
No charge up front........If your house sells, then the realtor who works for a company will get 3% and the company 3%.
So it will cost you -6% of what you sold for....... |
|
Rick B
 |
I have used a KW agent twice now. I actually was one for a while, but I did it part time and never actually conducted a transaction.
It does not cost you anything as far as a fee up fornt, but a percentage of your sell price goes to the agent. Typically around 3%.
KW has great ethical policies and is generally great. BUT, each agent is self-employed and some are better than others.
Good Luck! |
|
techbankguy
|
joni38 is right.
Keep in mind, you may need to do some repairs or some updating on your house that may cost something. Your realtor can help you with that but given how bad the market is, don't be suprised if they want you to get carpets cleaned or paint a room or even replace your countertops. |
|
ORLANDO S
 |
If you put it on the market yourself and handle all of the marketing then it doesn't cost anything. The advantage to using a Realtor is you usually get a marketing team. Agents will pull ideas from other agents they work with. As fare as I know agents have to be licensed to do buisness, which means they are more knowladgeable about current laws and trends in your market area. They also can list your home on the MLS which is available to all agents nation wide. You should not have to pay any out of pocket expenses till your house is sold. I would ask the agent for a list of references. You can wind up with a great agent at a bum agency, or vice versa. |
|
joni38
 |
It won't cost you anything until its sold. The last experience I had with a realtor, they charged 5% or 6% of the purchase price. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 36 minutes(s) ago
| | | |
9 | 1 hour(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
9 | 5 hour(s) ago
| | | |
10 | 9 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 4 day(s) ago
| | | |
9 | 2 week(s) ago
| | | |
9 | 1 month(s) ago
| | | |
9 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
