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24 April 2019 | 5 replies
However, in the long run, you will make more by being an investor & agent (Commissions + Profits).
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21 August 2015 | 5 replies
The question though is are you ethically bound and could that agent ask for commission.
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26 August 2015 | 7 replies
However, I am looking to start investing my commissions in rental properties, or flipping properties.
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19 June 2016 | 16 replies
# of Months from Purchase to Sale: 1.5 2.5 4.0 Costs to Buy: loan origination $ 6,700 $ 6,700 $ 6,700 appraisal $ 250 $ 250 $ 250 credit report $ - $ - $ - title insurance $ 750 $ 750 $ 750 escrow fee $ 1,000 $ 1,000 $ 1,000 recording fee $ 100 $ 100 $ 100 other ___________ $ 200 $ 200 $ 200 other ___________ $ 1,000 $ 1,000 $ 1,000 TOTAL Costs to Buy $ 10,000 $ 10,000 $ 10,000 Costs of Repairs: roof repairs, paint, misc repairs $ 8,000 $ 8,500 $ 9,000 Cabinets $ 1,500 $ 1,500 $ 1,200 Landscape $ 1,500 $ 1,500 $ 2,000 Furnanace $ 2,500 $ 3,500 $ 3,500 Air conditioner $ 2,500 $ 2,500 $ 2,500 other ___________ $ - $ - $ - TOTAL Costs of Repairs $ 16,000 $ 17,500 $ 18,200 Holding Costs: pay 'subject to' mortgage payment 1450 $ 2,175 $ 3,625 $ 5,800 taxes 45 $ 68 $ 113 $ 180 monthly pro-ration insurance 40 $ 60 $ 100 $ 160 monthly pro-ration Utilities: gas 15 $ 23 $ 38 $ 60 electricity 50 $ 75 $ 125 $ 200 water/sewer/trash 35 $ 53 $ 88 $ 140 HOA 48 $ 72 $ 120 $ 192 HOA, etc. 0 $ - $ - $ - TOTAL Holding Costs $ 2,525 $ 4,208 $ 6,732 Selling Costs: real estate brokers commission 4.0% $ 9,960 $ 9,600 $ 9,400 title/escrow fees $ 10,000 $ 10,000 $ 10,000 concessions to buyer $ - $ - other ___________ $ - $ - $ - TOTAL Selling Costs $ 19,960 $ 19,600 $ 19,400 u
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24 August 2015 | 2 replies
I also have my real estate license so id be saving on commission also as a WIN.
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25 August 2015 | 2 replies
I also have my real estate license so id be saving on commission also as a WIN.
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24 August 2015 | 0 replies
I also have my real estate license so id be saving on commission also as a WIN.
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24 August 2015 | 0 replies
I also have my real estate license so id be saving on commission also as a WIN.
24 August 2015 | 2 replies
I obtain my real estate license so I could have access to MLS, and basically build a foundation of commission by focusing on helping buyers and sellers complete transactions.Plus, if I were to buy foreclosures, fix them and sell them as a FSBO, I could cut out the 3-6% in commissions.
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2 October 2015 | 5 replies
An investor may be more like showing them 20 properties and writing 5 contracts, and for a property that has a far lesser commission than the retail buyers.As a new agent I think two methods of marketing are very important to get yourself up and running.1)Market to your sphere of influence.