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9 March 2024 | 261 replies
Lenders are a dime a dozen and the whole industry is hurting right now because all the freshest MLOs washed out last year but there's still a lot more than there honestly should be to carry a good commission split among all the people.
6 March 2024 | 8 replies
This could get you the cash you want and save the commissions and closing costs to sell the property and buy a new one.
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6 March 2024 | 10 replies
Presently I do have a franchise commercial RE broker (NAI) but I do not feel he is hustling for the $80k commission he is contracted to receive for just marketing my property on their website and told me he made some phone calls.
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7 March 2024 | 38 replies
capital gains tax, seller commissions , other fees, etc?
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5 March 2024 | 6 replies
Hi Staci,If you don't have any plans on working as an agent for other clients, I would recommend a flat-fee broker with no commission split.
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6 March 2024 | 13 replies
Unless you are using commission, bonus, or have variable income to qualify, you should not need to wait 2 years for conventional financing, which will have lower rates and less down payment required than DSCR (assuming you plan to house hack).
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5 March 2024 | 12 replies
You will need a lawyer.You will need an appraisal.You will need a home inspection.You will need title insurance.You will need a contract with the Seller.You will need some sort of partnership agreement if not a bog standard common law agreement as defined by your state.You will need a survey.You will need to heed the advice of the attorney in whether you need any other documents, and in what any document must provide for.You will need to have in your above documents what happens if you don’t like what is revealed or if there is a failure to get a document.The presence of a real estate agent is irrelevant to those things.Do NOT focus on saving the commission.
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5 March 2024 | 5 replies
Lets face it, its a tough sales business with 100% commission.
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4 March 2024 | 3 replies
How/ when are the agent commissions paid out?
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4 March 2024 | 3 replies
Your commission might be less than you think.