Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 Does any one know how to purchase a home w/out Realestate Agent?
Does any one have any ideas how to find an owner who wants to sell a home w/ out using a realestate agent?
We have plenty of time to find our "perfect home" in Carle Place.
O...


 UK question: Can you get a mortgage if you are unemployed?
SInce being laid off I have been looking for work, but havent found anything in my field. But in the meantime I want to buy a flat and let it, as the rental income should take care of the mortgage. ...


 Does a first months rent get refunded at end of contract..?
if its been paid already... ok, so when i moved in i payed £700 deposit, and £700 months rent in advance.. i claim housing benefit because im a single parent, and i DO work, part time so get help ...


 My hubby jus turned 60,he may be made redundant,i have apregnant daughterat home,is she liable for the rent?
my daughter will fin work the end of feb an start maternity leave
Additional Details
to clarify,the property is rented,if my hubby has to claim income support for the 2 of us and my ...


 HAVE YOU SEEN THE NEW £20.00 NOTE yet?
...


 I want to get rid of my Roommates who just moved in, easiest way ?
I was trying to sell my house but 3 deals fell thru because people couldnt get financing... I dont have much equity in it, just about 30,000 (after paying all kinds of fees, transfer taxes, real ...


 How can I increase the value of my home by $10,000?
...


 I've got 3 college girls who want to rent my house, but they say they want to pay individually, whereas I want
one check on the 1st of each month.
Some have money, some depend on parents...so I asked if one parent could pay by auto transfer on the 1st and they could pool their money, but the parents don&#...


 Is there anything wrong with getting a 30 year mortgage when I expect to sell my place within 7 years?
Thanks everyone for pointing me toward the mortgage calculator. Follow up question, if you don't mind. I calc'ed a 15 year mortg and a 30 year mortg and obviously I like the monthly ...


 Can a landlord keep your personnel property?
verbal agreement to get it when i want it, now they are mad so they started charging me storage. but still won't release my belongings....


 I bought a house a few years ago for $320,00 and now that house worth $200,00.?
Everyting is too expensive. So I cant afford paid all the utilities bills plus a morgage. I dont know what to do if I should apply for bankrupt because I cant afford to keep paying the morgage. I ...


 Is it okay to have a housewarming party if you are just leasing and not purchasing the house?
...


 Can I please ask some advice on my rented house
OK, so ive lived in my rented house for 4 years now, and ive had a problem with my landlord pretty much since ive lived there. The reason being he neglects the house completely and ive been told ...


 Landlord shut off my water and wants us out?
I am having a problem with my landlord, I do not owe him rent as he is refusing the rent, I have both my sept and oct rent in the form of blank money orders. I do not have a lease, landlord brought ...


 Tenants want deposit back, threatening to sue/harassing me, house was badly damaged, what do I do?
Upon inspection, 2 month-to-month tenants left house in bad shape and want their deposit back!

We did not charge for wear and tear, etc. only what the lease said--maintain yard, clean ...


 How can I get a home loan without a job?
My credit rating is 782, I have $60K in the bank, zero credit card debt (I have 3 credit cards totaling $56K in available credit), I own both my vehicles and have no other debts. I am a veteran (so V...


 Bi-Weekly Mortgage Payments!?
I bought home almost 4 years ago... and my current principal is now $178,700 on my house (at 5.875%), and with a monthly current monthyl payments of $1,122. According to my mortgage company, I have 31...


 Is it smarter to buy a small house instead of renting an apartment in college? ?
My fiancée and I will be (hopefully) married when we enter college as freshmen, and want to buy a house and sell it after the 6 or so years we plan to live there. Her parents would co-sign the ...


 When house shopping do you look in the fridge?
We are selling our house and I wonder how clean I should keep our refrigerator. It's decent, but should it be spotless?...


 I live in apartment, can't get in contact with my landlord, neighbor's oil is spilling, fumes bad!?
We live in an old house split into 4 apartments. Our one neighbor, who isn't home, her oil tank is leaking profusely in the basement. Our landlord won't answer calls or messages. The ...



tuna
Realtor question.?
When selling a home, and one has to go down on price because of the market value....do you pay the realtor their percentage of the price you sold it at? Or do you have to pay the price you put down in the beginning of the sale?
                     
 




cryst@l99
Generally, you pay commission based on the final sales price, but check your contract. The commission can be structured many different ways, and it should be spelled out in your listing agreement with your realtor.


AM-NM centaur
Typically a percentage of the final sales price. Depending upon the market and local conditions, this varies from 5 to 7%.


acermill
Rating
Generally, the commission is based upon the final sale price, unless you go under any minimum commission stated in the listing contract. You will find minimums come into effect mostly on low priced properties, where the standard percentage commission doesn't cover the tab.


Atlanta Realtor
Rating
The commission should be based on the sale price of the house.


shelton s
Proper pricing is very important. As a Realtor we are obligated to get you the best price possible. Some people will list their homes for more than any sold comp around and will have to lower price in order to get offers. In some areas of the country market conditions are deteriorating so home values are going down. A Realtor generally will sell a home for 17% more than a for sell by owner (as per NAR statistics). We only get paid on what the final sell price is.


arklatexrat
The realtor make a % of the sale, usually 4-6%. Sometimes (not very often) you can talk the realtor into "eating" some of the difference between the original listing price and the actual selling price. If they are hungry enough to make the sale, and you are firm enough that you won't budge on the asking price any more and will turn down any offers below what you NEED to make on the sale, they may work with you and reduce their commission. This would work best if they were the selling agent AND the buyer's agent (in other words, if the buyer was a client at the same real estate agency.)

Watch closely and you will see that in most cases, a real estate agent isn't necessary to sell a home--next time, consider doing a FSBO and saving the commission altogether!


Marysue
Rating
You pay based on the final sales price. It doesn’t behoove an agent to overprice your home.


godged
Rating
Final sales price is typically where commission is based.

However, commission is negotiable. In my area, I am seeing some flat fee commissions coming up in the MLS. Meaning, you pay the Realtors a set amount, regardless of selling price.


Bohemian_Garnet_Permaculturalist
Rating
The price you sold it at.

~Garnet
Homesteading/Farming over 20 years


Terry S
Rating
The Realtor commission is based on SALES PRICE.

Say you listed at $500,000

Due to the market conditions you only get $450,000

You pay the commish based on the $450,000 NOT $500,000

Hope this helps.

Terry S.

http://www.Welcome2Arizona.com


Gina F
selling price


Neither Republican nor Democrat
Final sales price. The seller may stipulate that if there are any seller concessions paid for the buyer, that amount would be deducted from the amount used to calculate the commissions. That would have to be in the listing agreement and put on the MLS, though.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.044
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy