Looking to buy a house and been working with a real estate agent. I was searching on buyowner and saw a couple of houses that interest me. I’m not sure if I should go to see the houses on my own or let my real estate agent know about it too. I do feel bad if she doesn’t get any commission on it becuz she has been working hard in showing me houses.
BE CAREFUL.
If you have signed a contract with a real estate agent, and you buy ANY house, the agent will probably be due a comission. READ THE CONTRACT THAT YOU SIGNED. If you buy a FSBO (for sale by owner) that owner is under no obligation to pay a comission to the broker. Which means, that you could be on the hook for 3% of the sales price. That would be an extra 3% ON TOP of what you pay the buyer.
If you want to buy a house that’s FSBO, make sure that your contract with the real estate agent is not in effect when you make the offer. And make sure that the agent didn’t show you the house. If they can proove that you made an offer on the house while you were under contract with them, or that you found the house through them, it’s likely that the contract that you’ve signed with them will provide for a payment of comission.
You can see if the seller is interested in paying the real estate comission to your broker, but I would imagine that most sellers would not be interested in that arrangement.
I wish you luck, and I hope that helps.
I need to get an apartment for rent in Boston. What is a good realtor that i can go to in the downtown area?
I know this lady that has a 2BR apartmen in Quincy.. Quincy is about 6 miles south of Boston.. Its on a nice quiet street and the MBTA is about 1 mile away.. Off street parking. The Wollaston Beach is about .25 mile walk down the street.. Lots of girls hang out on the beach in summer.. I think you should email her.. joanwgall@yahoo.com
I wonder why realtors get laughed at and made fun of. Most people think just for doing "a little paperwork" they get paid "thousands". Does anybody realize that it’s actually very time consuming and if done properly, can save the buyer or seller a huge headache and/or money. It’s actually a JOB. Often times, the realtor does not get paid if there is no end result, even though there were endless hours put into it. Are these jokers snobs or what?
I’ve never known Realtors to be looked down upon or laughed at.
But then I’m an insurance adjuster.
You should see some of the nasty looks I get when I tell people what I do! I’m hated just as much as a lawyer or used car salesman but no where near as well paid!!
Everyone has heard this…
"Earn license in just 2 months!!!"
I have learned that anything worth having takes a lot of work and that doesn’t seem like a lot compared to taking the college courses which could be over a year in some cases. So are these schools legit? What is the difference between traditional colleges that take longer and the "fast" way?
If possible, what would be best for me? I barely graduated high school, have done some college, support myself, with a great but full time job. Now I feel it’s time to get into being an entrepreneur and I want to work fast (I want to start very young). Money is no object, I will figure out a way to make it work if it is a good investment in the long run…
Well, if you are looking to being an entrepreneur getting a real estate license is not the way. It is really easy to get the license, but you have to work for a broker, you just don’t go out on your own and start selling houses.
The schools are mostly legit, they prepare you for the test. In CA you only have to get 60% of the answers right to pass. You can pass by simply guessing.
If you are serious about being an entrepreneur you should think about getting a regular 4 year degree in business. You can’t learn the skills you will need to start and run your own business in a 1 year class.
I have been to these sites:
1. realestate.yahoo.com
2. zillow.com
3. trulia.com
Which site do you you think is the best one?
Do you know about any other sites?
Since "all real estate is local" I think the website should be local also. If you are looking for real estate in Houston Texas there are several web site (at least three dozen) that have the entire MLS in search-able format. Most high production real estate agents provide this access on their website at no cost or obligation.
I see no advantage to a national site.
Ok so heres the story. about a month ago i found this house i absolutely love and when i went to get info on it and possibly put an offer on it i was told it went in to escrow and it was very rare for peoples loans to fall thru at that point and have the house open back up so my realestate agent basically told me that house was hopeless and keep moving. the house also went "inactive" on the website i found it on.
so kept looking for a house and nothing has compared.
but just a few minutes ago i was sent an email saying one of my saved home listings had been updated. i looked to see what home.. and there i was the house that was hopeless to get.
i researched it on another website and there it was….
im trying real hard not get my hopes up.
do you think the home is actually for sell again?
this seems to be a sign that this is supposed to be MY home
also me and my boyfriend make about 3000 dollars a month and dont have much debt do you think we can afford a 88 thousand dollar house? we both have pretty good credit scores also
i sure hope this isnt some sort of glich and my house is really gone.
There may have been family problems too so that the house couldn’t be sold until all the heirs agree. All I can tell you about buying a house, is that you don’t want to get too enthused so that you inspect it very very carefully and be sure it is worth the $. Have all the right inspections done and look for damage and check out the neighborhood. $3000 is not a lot of money when it comes to home ownership. They cost a lot and there are always repairs and some can be extremely expensive. Be sure you don’t get in the mess so many others are and buy something you really can’t afford. Anything can go wrong in your life like lose your job, have health problems, bad car wreck and then there is the weather problems like hail damage, tornadoes and hurricanes and all of that. Be sure you have enough $ to tide you over a pretty good time . . .like six months saved up and then a good savings account for when the house needs fixing, and then a tidy down payment. Without all of that, don’t buy a house. Nothing is worse in a relationship than to be short of money so that you have to constantly worry about how you are going to pay the bills and then you want to have enough to have some fun and you need to be saving on a regular basis. Plus you are moving in with no commitment from your bf. What happens if you break up? Protect yourself very carefully. . .always. . . .Good luck!
Does any one have any ideas how to find an owner who wants to sell a home w/ out using a realestate agent?
We have plenty of time to find our "perfect home" in Carle Place.
On the other hand – what does a r/a do for the home buyer?
i’ve been checking all the listing on the fsbo and a like – i understand that the agent works for the seller not the buyer, i want to know what do agents do for the buyer… if anything?
Do a search online for "for sale by owner." There are numerous sites such as buyowner.com fsbo.com help-u-sell.com which sell by owner or combine MLS listings with lower fees. I agree that the realtor does little for the buyer and costs a lot of money in today’s market. Of course, you are going to get a lot of comments from realtors that you do not pay for it etc. Of course the cost of selling is reflected in the price of the house.
Buy a home recently foreclosed with no down payment or mortgage payment for up to a year. Buy REO realestate in Portland with no down. Cheap luxury homes, condos, townhomes for sale. Home search for REO homes for sale with no down or mortgage..Portland Distributed by Tubemogul.
Duration : 0:1:13
Read the rest of this entry »
Buy a home recently foreclosed with no down payment or mortgage payment for up to a year. Buy REO realestate in Portland with no down. Cheap luxury homes, condos, townhomes for sale. Home search for REO homes for sale with no down or mortgage..Portland Distributed by Tubemogul.
Duration : 0:1:13
Read the rest of this entry »
Feb. 26 (Bloomberg) — Bob Kerslake, chief executive officer of Britain’s Homes and Communities Agency, talks about the prospects for insurers and pension funds that invest in the U.K. rental home market.
Kerslake also discusses how the lack of housing supply will drive growth in rentals over the next few years. He speaks with Bloomberg’s Andrea Catherwood.
Duration : 0:4:20
Read the rest of this entry »