How in the freegin hell can people ask such insane prices for homes here? |
Ok, I know these prices aren't nearly as bad as other places in the US, but this is not in a city, this is way out in a small town on an island (Whidbey) with not much as far as jobs.
I ... |
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Just found out my lanlord is in foreclosure what do i do? |
he has been charging me rent and late charges the whole time.
i found out when a for sale sign appeared in the yard yesterday.
after asking him he said he hasn't paid mortgage for five ... |
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Can I have multiple real estate agents? |
| my place has been on the mkt for 4 months now. I dont know if its just the mkt but my agent has not brought in any prospective buyers yet. Ive had 2 people see the place but only by my efforts. just 2... |
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Can I get approved to buy a home at a $10.50 an hour salary? |
| Hello, I live in New Orleans as a Receptionist getting paid $10.50 an hour. I have good credit, and I have a car that I currently pay a $400 note on. I'm getting married next year but would like ... |
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Has anyone ever broke their lease? |
| I have an apartment that I didnt pay a deposit and didnt pay for the first month. I thought I could handle the rent but now I know I cant. My rent is past due, I have no credit history except for my ... |
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I didn't dispose or move my recliner from my apartment?!! What will happen? |
| Okay, I cleaned everything and the apartment is in decent condition. I moved everything with the exception of a blue recliner. I couldn't move or find someone to take this stupid blue ... |
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I am being told i have to move ,because the house i have rented sold.but i am on a 12 month lease ,and the le |
| and i still have till july,very confused ,they say we need to move in feb,because the new owners want to move in.What to do?... |
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I want to move in with my girlfriend. Her landlord wants to raise the rent. Can he? |
| I live in Brooklyn, NY and want to move in with my girlfriend. She told the landlord, and now he wants to increase the rent. Can he do this legally? She has previously signed a 1 year lease.... |
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Reverse Mortgages are not available to me until I am 62 years old. Is this age discrimination? Why not? |
| Equal protection under the law and other American principles should allow adults of any age to participate in any economic activity. I wonder if this has ever been challenged legally.... |
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Why isn't anyone talking about the real reason for the home mortgage defaults? |
| Everyone with common sense knows that the reason for so many bad loans being granted in the first place was that banks were forced by the government to give proportional loans to all people, ... |
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I'm on a month to month lease and the landlord gives me approx. 2 weeks to vacate. Is this legal? ? |
| My landlord gave me a notice on aug 14th to vacate the premises by sept 1st. the notice states that my lease expired on march 31st and will not be renewed. The reason for violation is that I have ... |
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I'm buying my 1st home,it's built in '53? |
| It has very minor upgrades done on it and I want to know what things should I be aware of ( specially during inspection) or be concerned about? It's in H... |
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Signed lease states tenant responsible for first $100 of repairs caused by normal wear & tear. Is this legal? |
| Supposedly anything that comes up I am to pay for the First $100 of repairs, or anything under that amount. Is this legal despite the fact I've signed the lease? In a home where fixtures ect are ... |
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Is it possible for real estate to go down, or flat forever? |
strating right now. have it go down, or flat and never go up in value ever again?
real estate has cycles. i believe in 5-20 years from now, in the long term real estate WILL go up and the ... |
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I'm shopping for a mortgage!! I want to use lending tree or one of the online comparison sites ...? |
| This is my 1st time buying a house. I want to make an informed decision, and obviously I want a great rate! How can I do this without affecting/lowering my FICO score because of all of the companies ... |
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What do you think of this house? |
| Below is a link to a house ... its a home video. What do you think? Should I buy it? Its sitting on 4 Acres of commercial/residential property ... probably would appraise for 130,000 --- buying for 45... |
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Should a FHA mortgage good faith estimate for closing cost be over 11,000 on a 243,000 house? |
| I finally found a great home and after the contract is signed my mortgage lady gives me a good faith estimate of 11309.07 She said FHA loans are typically higher.is this true.Should I be looking for ... |
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Can i sue my landlord? |
| Since i've lived in this house(over a year)there has always been a problem with the heating. I wanted to have British gas come out and send him the bill but he said no and got these gas people ... |
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Narelle T | Whats an acceptable comission to pay a realestate agent? |
Hi,
I am negotiating the commission that the agent receives when he sells my house. He is asking for 3% but Im sure I can negotiate a better deal than this. To anyone that has sold their house recently, how much did you pay to your realtor? |
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zappafan
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Sold a property in Girraween (Sydney) late last year. Our agent listed, advertised, did open houses and was always happy to be called at any time, we paid him 2.75% and no sale no cost - we had to sign an exclusivity deal for 3 months . |
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Sheree
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3% is more than fair...the usual is 6% if the listing agent sells it. |
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Brian G
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Average is about 6% for full service agents. That must then be split between listing and selling agents. Most will give a discount if they list and sell it. |
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manny d
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I suggest you pay your agent what you think his/her services are worth. What I mean is a typical listing in my area ranges from 5-7% of the sales price. All things being even implies your agent makes between 2.5% and 3.5% of the sales price and the other agent will receive the same commission.
Greed is a terrible thing but it can definitely work in your favor. I say pay 7% but make sure the agent that brings the buyer receives 4%. Agents see $$$ They can bring a buyer to your house at 123 Main Street and try to sell it at 4% or take you to the neighbors house and sell it at 2.5%. The lower the commission the lease likely an agent is going to trying to sell your home to their client.
On the other side of greed....The bottom line counts for you. If you want $100K in your pocket what do you care if the agents make a total of $12K Pay them to get you the results you want. |
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ebosgramma
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I sold my house in December and paid 6%, don't forget what is involved on your agent's end. There is a lot of work to do, he will pay for any and all ads and then when the house does sell your agent will most likely split the commission with the buyers agent which means that at 3% your agent is making less than 1 1/2%. I think 6-7% is common. |
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c21bucks
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Is this agent listing your home for 3%? If he is, you have a good deal. This is unheard of in my area. Make sure you know all of the services he will be giving you for the 3% (advertising, is it on the multiple listing service - MLS, will it be on a website - Realtor.com, will he do open houses if you want them, etc.) Some Realtors who list properties for a discounted rate also give discounted service and then nickel and dime you for everything else.
If you are selling your home yourself and he is asking for 3% to represent the buyer, then this is average. Most agents will not do it for less than 2.5%. There is a lot of work a Realtor does that nobody sees. It would be worth the money since you would not need to make sure the buyer is getting their loan, scheduling inspections, etc. Also, remember that he is representing the buyer, and not you.
Hope this helps, good luck! |
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chariotawaits_26
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I believe that whatever you feel the realtor is worth should be the payment. If they did a great job for you they deserve a great paycheck. You could'nt even imagine all the work that goes into selling and financing homes/ |
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Singularity of Good Fortune
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Make sure they don't get a cent unless they sell. You can save all commissions by selling it yourself. Go to Neil Jenman's website for free info on how to do this. Basically, all you need is a settlement agent. Two women friends of mine sold their own houses and saved thousands and had a ball doing it. There are companies that show you how to sell for about $1000. |
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bear
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I live in Victoria, Australia. I am going to put my house on the market in the next couple of weeks. I have talked to three estate agents. The first wants 2 1/2% but this includes Advertising, a board out the front, if I want it. I would pay him nothing else. The next two want 1 1/2% plus advertising. They seem to think that this would come out between $1000-2000.
This money would pay for internet, newspaper and there magazine adverts plus the board. It would depend on the value of your house which way you would go. But 6%. I would find other agents to ask before you do anything. My place is in Melbourne and 1 1/2 seems to be the normal thing, with you paying the advertising costs. |
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loladrewblue
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What is acceptable to pay your agent is 6%. He is only asking 3%? Are you getting full service for that 3%? And don't forget he may have to split that 3% with the buyer's agent and no agent is going to show your home for little or no commission. So go ahead offer him 6%. 3% each side. |
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purpleorca
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That sounds pretty fair but if you think you can do better it can't hurt to try. Good luck |
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