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 Can I contact local realtors and tell them I will pay a commision if they find me a buyer for my fsbo?
Don't know if this is a good or even realistic idea - if I do it what percent do I offer?...


 Can I get out of a lease if I can't move in?
We are supposed to move in on June 1st. I went by the place today to measure and count windows for curtains and it's been destroyed. I called the landlord and he told me the town has taken it ...


 I just turned 18, how much money will I need to buy a house?
I'm going to start investing now. My grandpa is rich and will give me however much money I need.
What do I do to buy a house? Get a loan from my bank, buy it, pay morgage, then rent it out.<...


 Anyone know of an online site where I can create and print a FSBO flyer?
And od you have any tips on what information is important to include? Thanks!...


 Getting a 2br apt. To qualify for the affordable assistance program, I must meet the salary requirement. Ques?
Would my 1yo daughter & I be considered a two person family (income wise) or just 1 since I am the only money maker?

Thanks!
Additional Details
Also, are they usually ...


 Are there many apartments for rent during winter months?
My lease is up the last day of January..but do you think there are many apartments for rent during winter? I'm finding all types of great apartments online right now but I'm scared by J...


 HELP! HELP ME PLEASE! LANDLORD IS NOT PAYING WATER BILL AND WATER IS CUT OFF?
hi everyone. i am currently renting a home, and when i first moved in.....my lease agreement states that i am responsible for the water bill. however there was a broken sprinkler head in my front ...


 i have landlord trouble help!?
ok so i live in apartment..and i got a neighbour that just brought in bedbugs and now i have them..ive tried everything to get rid of them,,because of this im moving away. my landlord blamed it on me ...


 loan application letter to the company I am working with?
...


 Ohio Real Estate Disclosure Law?
We purchased a home & on the 2nd day of moving in, we found a major crack in the slab floor, under new padding & carpet. Which made us look closer & discovered the crack goes fro one end ...


 I need your opinion- landlord issues (using our rented area for their stuff)?
Hi all! I just received an email from my landlords basically saying get your stuff out of our garage- we're bringing a truckload of furniture to put in there for storage.
We are in a ...


 Can my landlord spend my security deposit after 1 month I have left?
The day I left, my landlord had told me that we will keep in touch about my security deposit, asked for a forwarding address and wished me well.
Almost an entire month has passed, and thus far ...


 Can a u.s citizen own a property here in the philippines?
He is planning to stay here in the philippines after we get marry. I wonder if he can buy lots here for business purposes....


 When you rent from the Housing Assosciation, do you pay rent?
Please help to settle an argument. I have been told that if you rent from the housing assosciation and get a council house, you don't pay rent but I dispute this.

Is it true?...


 Can my landlord access medical billing records without my consent?
My new landlord works at a doctor's office. The day AFTER he cashed my first rent deposit/check, he searched for and found my name in the doctor's office records because he was "...


 UK Mortgage advice please help?
Hello I'm wondering if there are any mortgages out there that take security of another property as a deposit? I cannot get a mortgage due to my ex husband making me have to go bankrupt (Sept 2008...


 Bank wont finance condo because it was a flip!?
Got the message after business hours and have been racking my brain since then. Found a great condo, knowing that we were pre-approved we went ahead and put in a bid. Got a call from the lender, ...


 Should I become an NY real estate agent?
Just want to make sure its the right thing to do considering the current market....


 The maintenance guys are coming in my apartment when im not home,but they ar denying it.?
I was having this problem with the maintenance guys coming in watching tv and being in my apt when im away, i told the office and they said it had to be someone OTHER THAN STAFF, so they changed the ...


 How will i get the first time home buyer tax credit in california?
The 1st time home buyer tax credit was extended in california for 2010, my question is how do I get it? I am closing on a home next week. I know it's 1st come 1st served. Do I need to file ...



ELIZABETH G
Realtor Fees?
We are thinking of buying our first home in the next year, and I am curious what the average cost of realtor fees are for the buyer in the Midwest US? Thanks!
                     
 




Sue
The seller pays a commission...usually between 3-5%

This would be split between your broker and the listing broker.

I think you would just have to pay for the home inspection and maybe the closing attorney...thats it.


acermill
Rating
Realtor fees are almost exclusively paid by the seller of the property, not by the buyer involved. You should engage the services of a qualified buyer representative agent, and negotiate the fees involved to be paid by the listing agent/seller of the property.


MIND THE GAP
It would be most unusual for a buyer to pay a fee to a realtor to buy a home. IN most cases, the seller pays ALL of the agents fees.


Fabio G
realtors are p;aid by the seller so iy costs you nothing to use them


conim2002
Because the market is in such a depressed state right now, many Realtors will negotiate their fees. I am from the west coast, so I am not sure what the usual fee is where you live. Here in California it is right around 7.50 percent.


Orion
Rating
Generally most the fees do come from the seller's side, one of the many instances where it doesn't is if you end up signing a Buyer Broker agreement and in the agreement states that you have to pay your agent 3% commission, and the house you end up buying, the listing agent only offers 2% to the buying agent, then the other 1% would have to come out of your own pocket. Make sure if you sign a buyer broker agreement contract that you are fully aware of the of the commission structure.


Stephen B
I don't know about the midwest, but in the northeast it is between 3-5%.

But, if you are looking for "your dream home", then you may be paying a little extra and you can ask the seller to pay all of the fees on their own, rather than splitting them.

Also, if you azre not using a realtor, then you should be able to negotiate smaller fees.... just a few tips.

Good luck.


Terry S
There are no costs for buyer's since the seller builds the commission into the asking price.

Typically the buyer's agent and the selling (listing) agent will split the 6% commission 3% each.

Hope this helps

Terry S.

http://www.Welcome2Arizona.com


sspice5757
Rating
Don't be afraid to give your local real estate office a call and ask them. Commissions for Realtors really vary especially in this type of market. A few years ago a lot of Realtors were splitting a 4/5% commission. Now it can be up to 7%! Just call and ask!


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