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8 April 2024 | 4 replies
The realtor of course will get paid 3% commission by the seller, but for us RE investors (buyers), can we just make the realtor our realtor as well, and thus pay the other 3% commission?
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8 April 2024 | 0 replies
As many of you are likely aware, this settlement is poised to bring some significant changes to how real estate transactions, especially regarding agent commissions and MLS listings, are conducted.Here's a quick rundown of the key components: Transparency in Agent Compensation: One of the major shifts will be the removal of agent commission info from MLS listings.
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10 April 2024 | 11 replies
Because of my limited capital and to avoid putting all my eggs in one basket, I’m moving more towards fractionalized.Unlike a brokerage, I only look at loan quality, I’m not motivated by commissions, thus less likely to lose money, in my view.
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9 April 2024 | 7 replies
You have $15k to throw in the pot along with whatever commission you might earn on acquisition.
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8 April 2024 | 0 replies
Conventional loan with a 10% downpayment, used my commission towards closing costs, and had a seller pay a portion of the closing costs.
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9 April 2024 | 9 replies
Your client pays $20-30-40k in commissions and then a year or 2 down the road the loan gets called and the “buyer” can’t pay off the loan and walks away.
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8 April 2024 | 0 replies
Conventional loan with a 10% downpayment, used my commission towards closing costs, and had a seller pay a portion of the closing costs.
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9 April 2024 | 5 replies
Suggest you call the Housing Commission and speak with someone their - hopefully they answer/return your call.
9 April 2024 | 7 replies
I've almost hit 2 years job experience for a conventional loan, I have qualifying credit, I've made good contacts with realtors and lenders from my Admin Assistant job in the loan world, and I've saved up enough cash for 3.5% down for SoCal SFR pricing (not enough for closing cost or commissions yet).
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14 April 2024 | 885 replies
they know what credit agency each banks looks at, to make credit decisions. based on the info they apply to each bank that best fits your credit profile, remember they make money 4 different ways, 1st- credit line, 2nd-Credit Restoration, 3rd-commission/referral fee from credit issuer, 4th-from conferences or webinars you are invited to where they make a referral commission just like bigger pocket makes money from pro memberships. every speaker guest bring value to their products/offering so why no make extra money in the middle.