Hi Agents, I am a licensed agent in Sothern California and am going through a short sale purchase for myself. I was just informed by the bank that I will not receive a commssion since I am the buying agent and buyer o...
Hello Team!As a sales guy, I am obviously motivated by the all-mighty dollar :-) Each sales dollar I earn goes into a savings account from which I purchase investment property.. This is how I am motivated today, and s...
I see it all the time for properties for sale listings, would you think it's a good idea to list the tenant's broker commission % in lease listings? The commission will be higher than usual, so kind of want to put it ...
I'm doing my first commercial real estate transaction and colleague at my brokerage has offered to mentor me through the process. If he isn't doing any of the footwork (calls, site visits, writing contracts) but rathe...
What is a good number to pay someone for commission on sending you a distressed property while driving for dollars? I'd like to offer an opportunity to a few people I know outlined like this: If you refer me to a di...
Do I pay the agent a percentage of what I made from the deal?
Hello! I’m currently working on a deal with a listing agent. The site has been on the market for over a year and I found a buyer who’s putting in an LOI next week. When registering the client and discussing the co-bro...
Hey folks!
Figured this would be the best place to ask my questions... I just commissioned into the Virginia Army National Guard in May after completed 4 years of ROTC in college (3 year national scholarship, not sur...
We are just in the process of selling a small warehouse in Edmonton to a private investor, and we've agreed to split the cost of the realtor's fees off the sell price. Does anyone know how those fees are structured? A...
So, my friend is closing on a "Officer Next Door" (half price) property via HUD in Los Angeles. The house needed repairs so the standard hud loan did not work. He was placed into a 203k loan. He is about a week from c...