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.
Does any one know how to purchase a home w/out Realestate Agent?
How much am I supposed to pay the realestate agent in commission?
If I am selling a house for $35,000 and the buyer is getting a loan for $10,000 more ($45,000), which number should the agent commission fee be based off of? the $35k or $50k?
It may sound silly, but what regulation would I find this information? When I go back to the agent, I will need to site a good source. Saying I got it off "yahoo answers" doesn’t sound that good.
The commission is 6%, I am asking what the 6 % is based off, it seems the sale price.
The real estate agent gets the commission off the price of the house, not the size of the loan. If the buyer had a substantial amount of cash on hand to use as a down payment and borrowed $10,000 less than the price of the house I assure you the real estate agent would ask for the commission on the price of the house not the size of the loan. They can’t have it both ways.
How can I find out if a realestate license is valid?
I want to make sure someone is legit that will help me reduce the
loan on my home
Go to your state’s website and find the professional license area. Search real estate salesperson licenses. You should be able to look up the license and they will provide you status including when it will expire and what Broker holds the license.
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What is the genral salary for a realestate agent including commision? Let me know what state you work in.?
Also how many hours do you work each week.
Generally there is no salary for a real estate agent. Their income is based solely on commission.
A good agent works a minimum of 40 hours a week, but usually many more than that when business is good. You need to be available whenever your clients want you.
what are the prospects of a career in marketing and sales in realestate industry?
I have joined this industry recently as a assistant sales manager and i want to know would i’ll be making good bucks or not? right now i’m in india.
The cost of getting into the real estate industry is easy, but making money is very difficult. I recommend you start reading books and educate yourself as much as possible before doing anything.
What is the best course to purchase for buying and selling realestate with no money down?
I would like to get into this but do not have a bunch of money to start with.
As several friends of mine learned to their dismay, these "no money down" real estate courses are a scam. The only ones who make money are the ones running the courses.
Realestate Debut
Enjoy!!!do realestate have to deal with a lot of math?
do realestate have anything to doo with make…4 example..the person thats selling the house do they have to deal with math?
no, you don’t really need to know that much math. you will have to MEMORIZE things such as how many feet are in a mile, but only for the real estate exam.
marketing real estate SHOULD involve you really and truly wanting to help PEOPLE. some of that will require you to learn a few little math tricks, but you just buy a calculator and have the mortgage broker that you like, who is reputable and caring also, give you a little card that will give you applicable rates, so it’s easy to figure out the principal and interest charges on a mortgage per month. it is so easy!
as for comparables: the computer does all the work. you have to get to know the BUSINESS of selling real estate, which has everything to do with people skills and high ethics. your business will be easy if you attain a good reputation immediately. your clients will send you clients (ask them to), and so on. then you do not always have to search for new business.
the real estate field is only this: service, service, service for people, people, people, who want location, location, location. that is all it is. the better you understand that, the better you will be in the business. if you need to understand math for some client’s question, you tell him you don’t know the answer right then and there, but will be happy to call him immediately after you talk to your manager. the broker manager where you work will show you how to calculate whatever figure he wants. then you call him, that same day, with what you promised you’d get for him. that is called SERVICE.
ethics come into play because the most important thing for you to do as an agent is to act as an AGENT (look that word up in a few dictionaries). that means that you always put the interests of your client ahead of your own. you protect your client, who is sometimes a seller and sometimes a buyer, and occasionally (this one can be tough) a dual agent for both parties. you get help from your managing broker in such a situation and handle it carefully. remember: it is the client that counts. you will count soon enough, when you close the deal, but before then, all that counts is your service to your client.
i wish you all the luck i can! this is a very stressful business. you never know from one year to the next how you will continue to live. some years are lean, some are fatty. save money from those that are fatty!
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