Once you sign that agreement, you have a legal and binding document.Some fees that are placed in addition to a percentage are to help reduce the agent's fees - especially if the expected commission will not provide the agent with an adequate paycheck after the broker's cut and other investments that the agent had to make in order to help the buyer purchase a home have been removed from the commission.The challenge of the buyer is to make sure they have the funds to pay the agent.

I'm sure organizer @Dmitri L. will be thrilled to know you'll join us.I am currently trying to find a venue for us to meet and a head count is really important so I will certainly add you to the count and I ask all others who plan to attend to make it known so we can secure a venue with adequate space. 

Do you feel your condo association is adequately prepared?

Don't leave out important amenities like blackout curtains if you're targeting travel nurses and make sure your kitchen area is adequately stocked. 

Furthermore, by carrying adequate insurance you obviate the need to worry about your personal assets because your insurer will pay and defend any claims.

Ultimately, ensuring you have adequate insurance and an umbrella policy in place can provide added protection in the event of a lawsuit.

Not looking to quit my day job, but I go in at 11am most days so it gives me adequate time to analyze deals every morning.  

So either buy as an LLC and make sure you dot your i's and cross your t's or buy as an individual and make sure you have adequate insurance coverage. 

You are going to struggle with the rent-by-room strategy without an adequate number of bathrooms. 

Many modern options (none of them perfect, most adequate) that charge much less than that.