Tai DeSa
A highly successful fix-and-flip that came from a short sale
30 September 2019 | 1 reply
I paid our Realtor 7% commission, telling her to offer 4% to the buyer agent.
Tai DeSa
A highly successful fix-and-flip that came from a short sale
30 September 2019 | 1 reply
I paid our Realtor 7% commission, telling her to offer 4% to the buyer agent.
Shalon Palmer
Can I have more than one multi-family broker?
27 August 2019 | 19 replies
I always try to be fair and reasonable with people, and brokers live off their commissions so they are very important to them, but I do think it's ok to talk to everyone you want to.If you develop a relationship with a broker some will start to expect that you do not talk to any other brokers, others will not.
Anand Dokkara
Opinion on a Lease to own contract
4 June 2019 | 5 replies
No real estate commissions deducted)Option Consideration: $10,000Monthly Rent: $2350Lease term: 24 monthsMy home current market value is $390K (Appreciated 9% over one year)Looking for your opinion on the below:Home current age: 11 years.
April L Palmer
Splitting profit with an investor and also living in the home
3 June 2019 | 9 replies
So if you bought it for $300K and sold it for $400K, pay off the remaining mortgage, closing costs, realtor's commissions, etc.
Tyler England
20k to back out of agreement
9 June 2019 | 7 replies
They want to give me 20k in cash to back away from the deal and they also plan to pay both agents their commissions so they don’t miss out on the work they put in.
Jeffrey Waldron
We’d like to buy a new home + keep our current as a rental, but..
5 June 2019 | 17 replies
i.e if you needed money immediately, you can HELOC against the home when the time came that you needed the money, you wouldn't get taxed, you wouldn't pay commissions, closing costs, transfer taxes and you continue to hold onto your asset.Hope that helps, and congrats!
Robert D.
Yet another self directed ROTH ira question
4 June 2019 | 5 replies
They do not have the capacity or training to process such investments, and more importantly, a way to earn commissions on real estate.
Wouter Ceyssens
Where is/what website is “the MLS” ?
4 June 2019 | 1 reply
In theory, it's a "real estate agent only" subscription-based service that enables real estate brokers to 1) advertise listings, and 2) offer compensation to other agents (for example: the listing broker charges the seller X% commission, and then offers a portion of that commission to a buyer's agent who brings the buyer).
Brian Ellis
Town listing different from appraisal?
5 June 2019 | 2 replies
If you're a commission-focused Realtor, you can quickly see why they got to trash talking FHA.