 Would you pay 1.8 years of mortgage payments for 40 hours...? |
| ....of a Realtors time? Do the math folks. Your mortgage is 30 years, and real estate agents will charge ~6% to sell your house. So you are giving them 30*(.06)=1.8 years worth of your sweat and ... |
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 Is right now a good time to buy? |
| Either through conventional mortgage or cash. My family is telling me it's the wrong time to buy.. but I can't get this through to them. I'm paying in c-a-s-h. I'm buying a house ... |
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 Is it alright to bring my own digital camera and take pictures of a home when viewing for possible purchase? |
| I am shopping for a home and although some web sites show a few pictures, some don't and most don't show enough. Would it be alright to bring my own camera and take my own pictures so I ... |
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 When do i pay my last months rent? |
| The place i am in at the moment i pay the rent on the 18th of every month. On 18th June i am giving 1 months notice as i am moving and at the new place i am going to continue to pay the rent on the 18... |
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 Can I get a home loan.? |
| I am in Australia, I have one default for a Telephone bill of $192 which is now paid. I have owned a house before when I was 19, sold the house and paid out the loan 2 years ago. I have no debt or ... |
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 How can i refinance my house without a loan officer or a middleman? |
| i heard that we can refinance our own houses without a loan officer.... |
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 How far behind on your house payment can you be. befor they repo it? |
| i had to skip a payment 5 months ago now my car broke down and i have to miss another one this month.but i allways made them on time in the past.?... |
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 Apartment Manager Embarressed me horribly...? |
| Today my apartment manager came knocking on my door like if she was the police, I had company over and so when I answered and saw it was her I closed the door behind me and stepped outside, she asked ... |
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 Buying a house.? |
| My partner and i would love to buy a house, in the region of £100,00. we'll need at least 6 months to save for surveys and deposits etc. There is some really nice houses in that price range, ... |
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 What is the value of buying a trailer park home? Would the value increase like a house? |
| What is the value of buying a trailer park home? Would the value increase like a house?... |
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 House Prices? |
| I love in Los angeles CA and realy want to buy my first property (townhouse).. but the prices are sky high, but i heard that prices are going to drop...Is that true?... |
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 To move or not? Truly want to move!? |
| Hello All!The facts.Owe 99k asking 135k Round Rock,TX (Suburb of Austin) leaving us w/24k and change(after all closing and 6% Realtor fee) I am disabled(counted as income) our credit is medium high, ... |
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 If i purchased a home in 2005 and it was a subprime loan and then i walk away and it forcloses? |
| AND THE BANK TAKES IT BACK AND THEN LISTS IT WITH A REALTOR AND PUTS IT ON THE MARKET FOR HALF THE PRICE I PAID FOR IT THEN THEY SELL IT FOR THE LOW PRICE WILL THEY COME AFTER ME FOR THE DIFFERENCE AS... |
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 If you have a mortgage at 9.5% and the house costs 50,000? |
| and you have a 30 year fixed mortgage. What would you end up paying for the house?... |
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chic | Real Estate agent fees? |
I am thinking of working with an agent to purchase a home taht contacted me via phone solicitation. Dumb? In the first few sentences of explaining things he mentioned a $1000 'up front' fee to do the business and then his 3% out of the seller's pocket. Is this right? The more I look around I read nothing on agent's getting money just to work with a purchaser. |
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Atlanta Realtor
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It is highly unusual and suspect for an agent to charge an up front 'retainer' fee. If you are planning on buying a house, hire a Realtor who is recommended to you by a friend or business acquaintance. You should not have to pay a Realtor anything out of pocket, ever. One of the answers further up refer to good faith, or earnest money. This is money paid upon entering into a contract to purchase a home, and is held either by the title/escrow company, or the seller's agent's brokerage (sometimes your agent's brokerage, but not as often). It is then applied toward the purchase of your home. It is not extra cash that the agent has earned. I would cut this guy out of your life ASAP, and if you have signed anything, report him to your states' Real Estate Commission. If you need to be referred to an experienced agent in your area (who only gets paid a commission if you buy a house!), email me at Jason.Horgan @ColdwellBanker Atlanta.com, and I can help you find a trustworthy agent to help. Make sure when using my email that you remove the space between my name and the @ symbol. |
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Traverse City Agent
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I'm sure that somewhere there are agents that charge a retainer to work with buyers. However, I've never run into one. And, I personally wouldn't pay one unless it was a deep sellers market. |
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Melissa
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Buyers agents are paid by the sellers from the purchase price of the home. Typically, commission is 6% of the sale price split half to the sellers agent and half to your agent (so 3% each). The percentage is negotiable, but that's typical. If your agent is asking you to pay additional cash as an agent's fee (not a good faith deposit on the house itself) then run the other way. Good buyers are few and far between and lots of honest agents want your business. Once, an agent tried to get us to pay bogus fees and we complained and had them removed. It's all negotiable but you have to know what's typical. |
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Don E
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Ask the agent to see his/her real estate license ID.The $1,000.00 is a good faith deposit that is paid when making a serious offer.This deposit should be made out to the title co.you plan to do the transaction with and left with the realtor upon completion of a purchase agreement.The agent is to give you a copy of the contract .The check will not be forwarded to the title co.for escrow until purchase agreement has been accepted by the seller.The seller pays.The agent will be paid by the escrow office at close of the sale |
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xxhale69
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tell him to beat it no that absolutely wrong and threaten to inform the state license bureau on him a Realtor normally gets paid by the person selling the property as a percentage of the sale this joker is a con man and a stupid one at that since Realtors are a dime-a-dozen |
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Celina J
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For more Information on Hosur, Real Estate in Hosur, Property in Hosur, Villas in Hosur, IT Park in Hosur and SEZ in Hosur Visit www.hosurproperty.com |
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wartz
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Normally the seller pay the commission, generally at 6%. If the buyer hires a "buyers agent" a seperate fee can be negotiated. |
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Terry S
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First off finding an agent who calls you on the phone to represent you on the largest financial purchase of your life is NOT the smart way to do it.
Smart people "Phone a Friend" to find their agents.
That is the absolute best way to find an agent.
Call people whom you respect and ask them if they have a good agent they can recommend.
P.S. Smart agents are asking more and more for "Retainer" fees. The smarter ones are doubling or tripling the money you pay them at close as a way of saying "Thanks for Sticking with me" |
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helprhome
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It is becoming more common to charge a transaction fee and you may not see anything about it in writing until you sit down to hear about the agency issues and sign a buyer rep agreement then they may present it to you as a part of the document. The fees are negotiable so if you want to work with them but, feel the fee is too high suggest an alternative and see what you can negotiate. Good Luck |
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REALTOR
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If you, as a buyer, need an agent, contact a reputable real estate company in your area and they'll be happy to help you. You do not pay an agent, when you are a buyer (unless, for some reason you want to pay.) |
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