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All Forum Posts by: Bernadette Levaro

Bernadette Levaro has started 2 posts and replied 7 times.

@Lyall Storandt. Would you consider sharing the contact information with me as well?  I am also looking for the same information to get started. Thanks

Post: Rent Comparables

Bernadette LevaroPosted
  • Houston, TX
  • Posts 7
  • Votes 0

Thank you all for your suggestions.  

Post: Rent Comparables

Bernadette LevaroPosted
  • Houston, TX
  • Posts 7
  • Votes 0

Thank you so much Philip Grant.  I will further explore Rent-O-Meter.

Post: Rent Comparables

Bernadette LevaroPosted
  • Houston, TX
  • Posts 7
  • Votes 0

Thank you so much Mitch Messer.  I will take a look at the resources you are recommending.

Post: Rent Comparables

Bernadette LevaroPosted
  • Houston, TX
  • Posts 7
  • Votes 0

I am looking at a possible buy and hold property in zipcode 77035.  What is the best way to find out what the rent should be for a 3 bedroom, 2 bath, 1665 sq ft house?  I have been looking at several online sources, but they mostly refer to open units for rent and not the actual units that are rented right now.  

Thanks in advance for any guidance.

Post: Realtor Residential Representation Agreement

Bernadette LevaroPosted
  • Houston, TX
  • Posts 7
  • Votes 0

Thank you Matt M. for your response.  I am starting to interview potential team members.  This was my first one. 

Post: Realtor Residential Representation Agreement

Bernadette LevaroPosted
  • Houston, TX
  • Posts 7
  • Votes 0

I am at the beginning of my real estate investing journey. I am looking at a representation agreement for a full year. It includes an obligation to work exclusively with that broker and defines property as any interest in real estate including but not limited to MLS properties, sale by owners and sale by builders.

It defines closing as the act of entering into a contract to buy and then it states that commission is earned and payable when the client enters into a contract to buy. What if the purchase doesn't actually close?

This seems restrictive to me.  Is this normal? Can it be modified? Isn't the purpose of a sale by owner property to save on paying out commissions?  What if I find the property myself?

Any guidance as to the best way of establishing the relationship? and the appropriate documentation / agreement that affords a win - win situation?

Thanks