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31 August 2017 | 9 replies
You generally try to get enough of a fee to cover so many expected months down time to get a new tenant until open and paying rent, expected leasing commissions needed, and attorney legal fees negotiating a new tenant lease, along with the attorney fees for negotiating the termination, as well as tenant improvements.So you might go for it 400,000 left on primary term 100,000 or something like that.
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9 September 2017 | 4 replies
like me, alot of investors, especially out of the area investors/ rebab/flipers, want to structure something above and beyond paying a contractor for his estimated repairs, (or to an agent for being a project manager for the completion of the rehab above basic selling commission for relisting) but something to incentivize the deal, like a part commission above and beyond a certain net; offer this to an agent or GC to put extra attention to the deal to completion...you can call this anything you want, a team member, a sweat equity partner..it doesn't matter..but I certainly want to offer a "part" of a deal above and beyond...and repeat with that person...it is a good feeling...and Im out of the area, and if any action is to be taken, I will be semi dependant on somebody to care above and beyond the norm... - from zero experienced flipping guy, matt..
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31 August 2017 | 3 replies
Looking in G'ville and Jax.I would think that all Realtors are good. they have a licencethey have been trained in the ways of representing others for a feethey have to go to continuing education coursesthey are regulated by the statemost are bonded and have error and omission insurancethey are members of the local MLSmembers of Boards of Realtorsthey are motivated to earn income from listing and selling real estatemost are not real estate investorsmost are sincere and anxious and ready to earn a commissionLicencee are trained to represent others for a commission and to protect the public from fraud.
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30 August 2017 | 0 replies
My husband and I feel like in essence, they are acting within their professions of realtor & contractor and that their compensation should simply be the commission from the purchase and sale of the property, and the contractor fee for managing the renovation.
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31 August 2017 | 5 replies
If we put together a deal for a seller and buyer, that is through my brokerage even if it's off-market as I can't get a commission or payment if it does not go through the brokerage.
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31 August 2017 | 20 replies
I'll shed some info;Deal was found on mls for 177k, we offer 160, closed on 162k, did everything I had to do on the inspection period etc etc, seller god the final hud from the bank and realized she needs to bring 6k to the closing table , so for us not to lose the deal we offered to bring to the table 6k( her agent give up on 2k of her commission ).
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14 September 2017 | 9 replies
My husband and I feel like in essence, they are acting within their professions of realtor & contractor and that their compensation should simply be the commission from the purchase and sale of the property, and the contractor fee for managing the renovation.
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31 August 2017 | 4 replies
Should you find/assign the contract to an end buyer the broker is full right to all commission made on the sale of the property as they have the exclusive right to sell the property NOT YOU, and the seller will need to pay the broker a commission.
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11 September 2017 | 10 replies
That is why they take half of your commissions, and pay E&O.Good Luck!
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4 September 2017 | 4 replies
Would realtor commission and closing be something that I would have to pay out of pocket or are these things that the loan would cover?