Jimmy B asked:


Tell me if you think I should pay this commission: I’m selling my own home (FSBO), and yesterday I got a call at 2:30 from a girl who was interested in seeing it. We set a time for her to see it at 4:30….at 4:20 a real estate agent called saying he had a client that he wanted to bring by, I told him to set up a time with her, then let me know. He asked if I would pay a commission, and I said “We can work something out.” Anyway, the girl I talked to earlier showed up, and loved the house. As it ends up, SHE was his client he was referring to. Apparantly she saw the house, got the flyer, called me, set up a time with me, then showed the flyer to her agent. So, three hours after I leave I get a call from the realtor saying he’s sending over an offer….I get it, and it has a addendum for a 3% commission to be paid to him….is this ethical? SHE found the house, SHE got the flier, SHE called me, SHE came alone to see the house….all he did was prepare the purchase agreement for her..

Chad

Andrew asked:


What if you were a real estate agent, and you targeted people who are trying to buy a property but are not using a real estate agent.
And they know which property they want to purchase. So what if you promise them with a contract that if they use you as their realtor for purchasing the property, that you will give them half your commission.

Is this possible and legal? Why is it impossible and/or difficult to do?
What if it just said in the contract that the agent will pay you a certain dollar amount if you use them as their realtor.

Laurie

B2 asked:


Hi,
I have done real estate salesperson course got liscenced, but I cant do write know a salesperson agent work because of a time constrain, i have a small baby n salesperson has to go on showing in the evening and in weekends, where no day cares available.
Please advice I need something in related field and office job morning hours when I can leave my baby in day care.

Sara

katsid asked:

Thinking of selling your house? To sell for top dollar, it’s critical that you get the right agent to help you! “Jim the Realtor” works in Carlsbad, Oceanside and Vista, CA – if you’re thinking of selling around here, give him a call. He’ll answer these questions and more. Also take a look at his website for current market conditions and statistics that will help you see exactly where the market is in North San Diego County. www.bubbleinfo.com His email address is jim@jimklinge.com

Charles

Katie asked:


im 16 and im doing this graduation project for school. Im really interested in being a real estate agent after college (preferrably beach houses) So for my project I was thinking about job shadowing for a realtor. I live in montgomery county Pa and I was wondering if anyone had a clue of where I could go to shadow. and any details or anything about being a real estate agent or job shadowing for it or anything like that would be cool too. thanks

April

PalaceProperties asked:

Find a Indian Harbour Beach Florida Real Estate Agent to start your search for buying or selling property. A Realtor is the best way to buy or sell Indian Harbour Beach Florida homes and land.

Allan

me asked:


Hello there! I am in desperate need of some advice. My fiancee and I are looking to purchase a home. We are looking in a very low price range because we want the cheapest payments possible at this time, hopefully when we sell we can make a little money and buy a nicer house. Well, due to the economy, we are finding some good deals, however as soon as we find one we like the property is usually bought right up and usually by a real estate agent who then does some repair and puts it back on the market at a higher price.

Anyway, we have found the cutest, best house we have seen by far. This is the problem: I called the agent who is listing the property and she said that it is a foreclosure and to hurry if we wanted to make a move because they have received two offers on this house. I asked her what that meant, and she said it was like a contract.

Please tell me how this works, is it like they see how many offers they receive and then pick the best one? We can’t move too quickly because this house shares a well with the adjoining property and our bank says we need some kind of legal agreement between the two properties which my realtor is looking into.

I really want this house so badly! We have been looking forever and I am about to just give up. I am so exhausted by this whole process. We are pre-approved by a bank for a little more then the asking price so we have everything in order and ready to go.

Also, what is a good offer for $105,000 in this situation?

Thank you so much! Any advice is appreciated very much!
leaiara, I know, house hunting is starting to really suck! Good luck to you, and about the basement, I don’t know if I agree, around here they all seem to leak but this house does have an unfinished basement.

Beverly

Derek Weeks asked:


In Denver, there are many real estate agents to choose from. Selecting the right person is a daunting task. With so much riding on your choice you need to know you have selected the right agent. There are some characteristics of good real estate agents. This article will tell you what to look for so you can make the right choice.

When buying or selling real estate the first impression may be the last impression. If your first impression is anything less than positive take a look at why. Is it your own personal bias or is something wrong? A good real estate agent should give you a good first impression.

Professionalism is required in all areas. If your realtor doesn’t behave professionally with you, he or she won’t be professional with other potential buyers or sellers either. Is the agent dressed neatly? Is the office tidy or are there piles of papers on the desk? Is the waiting area comfortable? The answers to these should always be yes.

Consider how fast phone calls and emails are returned. This says a lot about how hard your agent is willing to work. Calls and emails should always be followed up in a timely manner.

Your agent should be knowledgeable and should be able to help you through the process of buying or selling. Agents should know the state and local real estate requirements and applicable laws as well as be familiar recreation spots, schools and hospitals.

Good agents enjoy working with people. They make you feel at home and are always willing to answer your questions. Agents should be polite, friendly and should never rush you. They should make you feel that you are their focus and not a sales commission.

You want an agent that goes beyond the call of duty. These are agents who give you regular reports and do everything they can to help. In short, these are the most effective at doing the job you need.

Realtors should be forthright and honest at all times. You deserve to have an agent that takes the time to make you Number One. If you even suspect that your realtor is dodging your phone or doing less than their part, sever the relationship and look for another agent.

This is a great time to buy real estate in Denver. These characteristics of good real estate agents can help you do just that.



Jorge

Tim Kelly asked:


As we all know that real estate career is well paid, as it involve with high value of property.

However, it is no doubt that good fortune never come from easy work. People who make a lot of money in real estate industry have to work hard, be patient and sometime hope for luck. But how many know that how hard to be a good real estate agent, how expensive, frustrating, and stressful this job can be.

As a general practice, it is commonly known that to become a good real estate agent is difficult but the most difficult is to stay in this business. Real estate agent industry in one of the most job that has high turn over in the USA. Many people go out while many new faces come in.

For some body who already success in real estate business may know that it’s not really easy to become success and maintain in the business. As I am one of the realtor who have some experience in this business and I want to share with you about how we can stay in this business as much as we can. Because I have been in many difficult times in my career life as a real estate agent so I hope my know ledge will be useful for you more or less.

Firstly, and this is probably the most important thing. Good preparation is a key element of success. There is no luck for the good successor and you have to prepare for everything, including prepare for both success and fail time. You have to have a secured plan on what you have to do if you are not get paid for about 2 or 3 months. You may have to have some spared budget during this difficult time as I can guarantee that every success realtor have passed this situation before.

Secondly, looking for some expert in this field who can give you a constant advice. Especially if you are new graduate, find a company that has comprehensive training for new staff. You can not survive without having some initial knowledge. You may also have to find a paid consultant even though there will be some monthly expense for this but I recommend that it worth having.

Thirdly, stick to the basic principle of good seller. Keep finding real estate owners, always find the list and call them or even come to knock the door of their house. Prepare some interesting presentation to business firm in your area. Try to find the way to be known n the community at possible minimum cost. Visit an organisation that has potential or strong influence in the community. This is only some of example that you can follow.

The last, try to be optimistic as much as you can, not thing can make you fail as much as from yourself. Always be reminded that it is never easy to success and all problems have their own solution.



Glenda

Escapeso Austin Real Estate asked:


Some people choose to use a real estate agent and some people choose to go it alone. One thing I have noticed over the years is that a number of seasoned investors looking in a new city will seek out a good agent while novice investors will frequently go it alone. I have even had a number of successful real estate agents seek out my help when they are moving to our city. Why do some of these seasoned investors choose to work with an agent? Below is a list of 7 benefits of using an agent.

1. Understand potential restrictions of the property. I recently heard a story from a friend at the city development office in Austin Texas. A couple had saved up for their retirement. They wanted to retire and live out in the hill country. They went to the foreclosure auctions. At the auction they purchased a lot for 500,000. It had great views and they were going to build their dream house on it. They had researched the lot before the auction and found it was zoned SFR which means a single family residence can be built on it. After purchasing the lot they started plans to build their retirement house. At this time they discovered the lot was in the 25 year floodplain. My friend at the city development office explained that the lot could not be built on and was basically worthless.

2. Know about new developments that might affect a properties value. A good realtor will know of proposed new developments that might affect different properties in which a buyer is interested. Whether these developments are positive or negative can be valuable information when weighing different housing options.

3. Find potential problems with a property. It is always a good idea to have a home inspector look at a potential house. However, a Realtor is a good first line of defense to see if a house has inherent problems. A Realtor that can know about common problems, such as foundation or electrical, that affect a particular neighborhood.

4. Understand contracts specifics. Whenever you buy or sell a house you are entering into a large personal transaction. It helps to have someone on your side that deals with these types of transactions on a daily basis. A Realtor can help you understand contracts and can explain what is typical for your area. The most common pitfall into which I see unrepresented buyers fall is to become involved in an atypical contract that is not to their benefit. For instance a seller will sign an offer that has an option period that is 4 times longer than what is typical. A buyer might put in offers on multiple properties with long option periods. The buyer will wait and see if the market appreciates. If the market has appreciated the buyer buys the house at now and undervalued price. If the market has gone down the buyer walks away.

5. Misperception of a benefit of going it alone. Buyers frequently think that by not using a buyers agent they will get a better deal from the seller. In most situation the listing agent asks for 6 percent from the seller. If a buyer comes with an agent the listing agent splits the 6 percent with the buyers agent. If an unrepresented buyer comes the listing agent keeps the whole 6 percent. On the selling side, For Sale By Owners (FSBO) often think they are saving alot of money by avoiding a listing agent. Nationally, FSBO homes sell for 14 percent less than agent listed homes in the same neighborhoods. In addition alot of FSBO’s still end up having a buyers agents involved. There is also money spent on advertising. Since an agent has experience marketing homes the agent often can spend money more effectively on advertising. Agents often know which advertising sources produce the most potential buyers.

6. Save time when looking for listings. Looking for listings without an agent can take up large chunks of time. When looking with an agent you can see several homes in a few hours. When going it alone you have to call the listing agent for each house and wait at the house for the agent to arrive and open up the house. In addition agents often know houses which are not listed or may have already identified potential problems with a particular house of interest.

7. Insure Security. When a home is listed with a broker, agents coming to the house have to usually log in. This allows the listing agent to keep a record of every party coming into the house. Since their business is on the line, agents are more likely to protect the house from damage or theft. For a variety of reasons, it is generally not a good idea to have random people you do not know come into your house. Often sellers simply have a phone number, but that phone could be their house, a friend’s house, a pay phone, or even a stolen phone.

Searching for a home can be stressful and difficult but it can also be fun. Whether you choose to look for a home on your own or with a Realtor its a good idea to be a extremely careful when you seek out your dream home.



Daniel