After reading through the listing agreement it says the previous broker would only be able to collect a fee in the following situation. " if the SELLER has entered into an exclusive agreement with another broker in good faith, in which case the BROKER shall be entitled to receive only the difference between the fee set forth herein and any lesser net fee paid to the other broker."

Do not make exceptions for anyone.No evictions, 580+ credit score (650 is even better), no accounts currently in collections.

If so you can list the house for them at fair market value and collect a commission.

It is an attempt to define rent as: fixed and periodic payments, and it explicitly prohibits a landlord from collecting any additional payments due from the tenant as written in the lease, such as utilities owed. 

It is an attempt to define rent as: fixed and periodic payments, and it explicitly prohibits a landlord from collecting any additional payments due from the tenant as written in the lease, such as utilities owed.

Kinda hard to hide when there is a landlord collection on their credit report.

Of course, this is all hypothetical and looking at a T12 should help you as it will show "collected rents" (which matter far more than what Craigslist thinks it should rent for).

I agree,, 100% collected on the first,, in the bank by 5:20... was a nice day. 

I was wondering what the Bigger Pockets peeps out there think about selling in a hot market and taking the equity on a rental property that is cash flowing positive $700 a month with a current mortgage of $110,000 ($8...

To collect a commission on the sale of real estate you need to be a licensed real estate broker or agent working under a broker.