Ok thanks, this is actually my first deal so thats why I am trying to make sure everything goes smoothly and i wont lose money so thats why i choose to even give EMD after lender approval....On the flip side im giving the listing agent my side of the commission and so I think that this would even out the board.

(The Maryland Real Estate Commission has a nice article on their website that clearly lays out what a realtor can and cannot do.

This is their net price after all commissions are paid.As far as inspection time goes, the way that I understand it is the 15 days is for owner occupants only.

The commission for that agent would typically be a fixed % of the sales price?

So when I get one of those calls, and my prospects aren't doing too well, I can give them the lockbox combo and let them show it when I'm willing to pay out that amount of commission for a placement.

This letter indicates all the terms and conditions of the sale and includes things like:- The buyer's name (so nobody else can buy it)- The purchase price- The net amount to the lender (how much the lender will get from the sale after all fees and commissions)- How much commission the agents will get- The timeframe to close (normally, this is a "must close before" date)- All the other terms and conditionsThe other terms and conditions generally include a provision that says that the seller isn't allowed to make any money off the sale (other than what the bank might provide) and then will sometimes say that the buyer can't resell for some period of time as well.

Tin Lam, the reason to use a mortgage broker is to stay on the right side of the banking commission or attorney general.the SAFE act now mandates all states have SAFE act provisions at least equal to the federal law.

I would call every Realtor in your area offering some type of commission for bringing in a buyer.

Realtor's love to see bonuses or higher commission splits (as you probably know)!

I think its because they are 9 to 5 and the Brokers are 100% commission.