Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Medium-Term Rentals
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 months ago, 09/27/2024

User Stats

5
Posts
2
Votes
Maria D Manriquez
Pro Member
2
Votes |
5
Posts

Contracts and laws

Maria D Manriquez
Pro Member
Posted

Im an out of state starting out investor. 
1. on the realtor contract when renting property Is anyone concerned with words used like “otherwise”?

My understanding of it means anything can be applied in its place.

2. When it comes to paying listing agent/broker is there anything in writing stating the tenant will pay them? Or is it okay and perhaps best that all monies go to landlord/owner and they pay out?

  • Maria D Manriquez
  • User Stats

    17,273
    Posts
    29,798
    Votes
    Russell Brazil
    Agent
    • Real Estate Agent
    • Washington, D.C.
    29,798
    Votes |
    17,273
    Posts
    Russell Brazil
    Agent
    • Real Estate Agent
    • Washington, D.C.
    ModeratorReplied

    Is this in Texas? Real estate contracts in Texas are produced by the Texas Real Estate Commission, ie, the government. The licensee has no choice but to only use TREC contracts. 

    business profile image
    District Invest Group
    5.0 stars
    44 Reviews

    User Stats

    5
    Posts
    2
    Votes
    Maria D Manriquez
    Pro Member
    2
    Votes |
    5
    Posts
    Maria D Manriquez
    Pro Member
    Replied

    Yea in Texas. But there is a special provisions to add what that otherwise means.


    Do you anything about how the listing agent gets paid? Not how much but do they collect directly from tenant or does money go to landlord/owner then they pay broker/agent?

  • Maria D Manriquez
  • BiggerPockets logo
    BiggerPockets
    |
    Sponsored
    Find an investor-friendly agent in your market TODAY Get matched with our network of trusted, local, investor friendly agents in under 2 minutes