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8 November 2014 | 45 replies
In other words, the agent is REQUIRED to carry out any lawful instructions from the buyer related to that agency.In this case, submitting a below-list-price offer is both lawful and related to the agency.Therefore, assuming there is an agency relationship, the agent is breaking fiduciary responsibility to the client by not submitting an offer as instructed.
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10 November 2022 | 1 reply
Typically it happens due to wire fraud, title companies not listening to instructions, deals with extensions, or the lawyers in the deal disagreeing after the funding has been approved.
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30 January 2014 | 16 replies
I met 2 private lenders and sold several wholesale deals from the event.WARNING - The instructors are professional seminar sales experts and they make it very tough to say no to their over priced programs!
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7 February 2014 | 7 replies
This letter contains instructions on:- how to remit rent;- when late fees and notices to vacate are assessed / field in the case of delinquent rent;- A page of contact numbers (ours, plumber, electrician, etc) and e-mail addresses;- An outline of any near term renovation / rehabilitation plans for the property;- A form for the tenant to list defects, maintenance needs of their unit;
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20 February 2014 | 4 replies
I have been working with WF for 2 1/2 months now, and have kindly instructed them that we need to close by 3/3 or I will not be able to do business with them.
19 June 2018 | 21 replies
I took my licensing exam a long time ago, but I vaguely remember an example that my instructor taught us on day 1 for chapter 1.
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7 December 2014 | 7 replies
A wise borrower will require the rehab money to be deposited into an escrow account, with specific disbursement instructions, so he or she knows it will be available when needed.Obviously, once the money is escrowed for your use, the HML cannot loan it to anyone else and cannot make a return on these funds.
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11 December 2014 | 4 replies
I am trying to create step-by-step instructions from beginning to end for how to actually wholesale a house and I'm stuck on this little tidbit.The more detailed you are, the more appreciative I will be!
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16 November 2014 | 17 replies
I would probably present the offer to the seller to start and if the seller then directs you to the agent with the offer go from there based on the sellers instructions.
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3 June 2014 | 1 reply
If you're trying to win over agents, a better commission split usually works.Have a good education instructor with a good reputation can win in new agents.The sky is the limit but other than holding hands, it's going to costs you, so how much are you willing to give up?