 Can you explain to me in layman terms how adjustable mortgage rates work? |
| My sister has an adjustable rate mortgage. Over the past year her mortgage payments have gone up several times. Now her monthly mortgage payment is $2,235 for a 2000 sq ft home in a nice area. No ... |
|
 Will a sold sign go up? |
| We accepted an offer on our house today, we still have to find a house to move to and I was wondering will the estate agents put a Sold sign up of the board?... |
|
 Advice...................... |
| ive been seeing my girl for 5 years, ive got my own house, got approx £130K IN equity, she could sell hers and walk away with £180k, put the 2 together and get a nice place together.................... |
|
 If someone makes $96,000 a year and has a credit score of 700, what kind of home loan can they get? |
| Would it be better to work more on the credit score or have a more significant down payment or what?... |
|
 I'm buying my first house but how can i avoid paying PMI. what can i do? |
| i have investments in retirement accounts that i cant touch around 42k and only about 30k for a 10% down on a 300k loan.... |
|
 Can someone get a mortgage broker license with 5 DUI's? |
| I have a friend who wants to get a mortgage broker license in PA and eventually in other states. He has 5 DUI's!!! We have a $100 bet if he can or can't get his license. I am pretty sure he ... |
|
 How can I get rid of pmi on my new home loan? |
| I know NOIC give a loan without pmi to first time home buyers. I am with National city. How can I terminate this problem to avoid this extra amount on my loan?... |
|
 My landlord sold the house we're renting. Buyer says we have to be out tomorrow with no notice!? |
| I live in Arizona. Our landlord dissolved our lease in Sept allowing us to live here free as the home was preforclosure. If it had foreclosed we would have had 30 days from sale to move. Now buyer... |
|
 I spoke to a loan officer about a home loan he told me he can get me 30 year fixed at 6.5 but? |
| I just went to the national bank website and found out I can get 6.125 can I just apply direct or what do I say to the loan officer that is helping me lower my APR?... |
|
 What is the difference in land zoned residential, commercial, or agricultural? |
Can I open a business on land zoned for agricultural use? Can the zoning be changed after you purchase the land? If so, how difficult is this to do?
Additional Details
I want to open a ... |
|
 Need to get rid of my house due to divorce? |
| need to get out of my house due to divorce the house is leverage to a few thousands dollar of the balance we have no equity and don't have money to come up with at closing would it be better to ... |
|
 Has anyone had trouble with loan officers from countrywide? The agent won't return my phone calls or e-mails. |
| I am 11 days away from closing and the loan officer im working with does not return my phone calls or e-mails. I am only able to contact him by making about 50 phone calls a day to his desk. Of the 50... |
|
 PMI or 80/20?? |
| Which is the best way to go when you have no money to put down on a house? :)... |
|
|  |
djandrey_m | When I sell a house and a real estate agent represents me, and another agent represents the buyer...? |
then which agent gets paid, and what do they get paid? |
 |
 
Tapestry6
|
Real estate agents usually get 7% of the total amount of the house, that is a rough estimate. My realtor told me if he lists a house and sells it he gets the full commission but if he goes to a house listed by another realtor and sells it he gets 50%.. 3.5% of the price that the house sells for.. which for the prices of some houses nowadays is pretty darn good money. |
|
Barbara
|
It all depends in what one company pays the other one from the commission they receive from your sale. Sometimes it is nothing and the buyer pays his own agent. It will be stated in your MLS listing somewhere (maybe under a code) if the selling office offers a percentage to the buyer agent.
I have seen a selling office offer nothing, less than half and half. A smart selling office won't play games, that encourages buyer agents to help sell your property. Ask your agent what his company does. Good Luck! |
|
sabarish p
|
both the agent gets benefit they get comission as percentagewise from both and divide among themselves |
|
CJKatl
|
In our market, Atlanta, the seller negotiates the fees with the selling agent at the time of listing. While it is used to be common to allow the buyer's agent 3.5%, 3% is now more common and 2.5% or less is possible. The seller's agent can take as much as 3.5%, but most negotiate down to 2% or less. Based on those negotiations, the property can be listed with anywhere from 3% to 7% commission. The more you offer the buyer's agent, the more likely your home will be shown and sold. Some sellers also offer a premium on top of that to the buyer's agent, such as a BMW lease or $3000. (Haven't seen this here, but know if it in other states.) I'm not sure how or the legalities, but it's being done. |
|
ogrendle
|
You have alrewady agreed to a commission when you signed the contract. The seller's agent splits that with the buyer agent |
|
zocko
|
The seller agrees to pay a commision. That commision is split between sellers and buyers agents and their respective company. It will show up on the closing statement and come out of your part of the proceeds. If you agreed to 6% then it usually is a 3% 3% split. |
|
????????
|
They both make a fee. Split, Usually 6% of sale price. |
|
davelibby321
 |
They split whatever was negotiated when you went into contract with them. If it was 4%, each one gets 2%. |
|
jollygreen12
|
well...far as I know.. Once a house is under an agent. Another agent can not get paid for selling the house. Now for Example. Say your Agent is with RE-Max. Someone calls RE-Max and says ..hey I want this house. they will Direct the buyer to the agent in charge of your house. They will not be able to do that through another agency unless there is something I'm unaware of. But I'm not a real estate agent either. So I could be wrong. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 4 minutes(s) ago
| | | |
8 | 33 minutes(s) ago
| | | |
9 | 48 minutes(s) ago
| | | |
7 | 2 hour(s) ago
| | | |
9 | 5 hour(s) ago
| | | |
9 | 6 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
9 | 11 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 4 day(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
