21 January 2020 | 18 replies
Although in the beginning I believed that hanging my license under a transaction only fee brokerage will be my best option I quickly realized that they usually offer no training at all and will suit more experienced agents better.
20 January 2020 | 2 replies
All of these transactions would be recorded on that LLC's books and ledgers.
20 January 2020 | 1 reply
Cross marketing opportunities abound at local levels.
20 January 2020 | 2 replies
You will want to speak with all of the professionals on your team such as your lawyer and accountant to determine how to legally structure the transaction.
20 January 2020 | 2 replies
Unless you are a licensed real estate agent, then accepting a fee for a real estate transaction is typically illegal.
21 January 2020 | 11 replies
So the average market cap rate, in theory, is NOT subjective because it's calculated based on actual recent transactions.
22 January 2020 | 8 replies
Search for all cash closed transactions in your area and when you see the same entity repeat 3 or more times in one year where the purchase was all cash, there is a real cash buyer.
21 January 2020 | 7 replies
I work on these type of transactions all the time.
22 January 2020 | 6 replies
This means, at a 3% commission side, you stand to get back 1.5% applied to your closing (not in cash - unless different in your state, it is a violation of IRS tax code if you receive cash for this type of transaction, unless your agent also sends you a 1099 to cover this extra income).Best of luck in your journey on the first one!
23 January 2020 | 62 replies
And, although your intentions may be pure, they will not appear to be pure to all involved in the transaction.