A Realestate agent made an offer to me for a client of his and I have accepted informally.
Did you get an independent appraisal of your home? That would be the first step; get 2 appraisals to know if you’re getting a fair price.
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We have been working with a realtor to buy a home. We recently went to an open house for a home that is not listed with a realty company (we went without our realtor), the home is being sold directly from the builder. If we decide to purchase this home and would like the services of our realtor to help with paperwork, etc. Do we then, as the buyers, pay for the realtor?
We did this exact thing – after being shown properties by a realtor we went to the open house of an unlisted property and bought it. We didn’t have any obligation to the realtor of course, since the house we purchased wasn’t listed. We maybe saved some money (or got a little nicer property for the same money) because the seller didn’t have to pay a commission to a realtor. We paid a lawyer instead to handle the sale and the seller paid theirs. Our lender saw to whatever paperwork they needed. Went fine.
On another occasion, we were selling some property and although we hadn’t listed it with a realtor, we got a tip on a potential buyer from a realtor. In this case we gave him something for passing along the information (it resulted in a sale for us) but not as much as the regular realtor’s commission would have been.
Builders do not need to have a real estate license to sell a new home that they built.
They should not be allowed to serve on City Councils because of a conflict of interest between real estate agents goals of short-term profits and the best interests of the local community, which is long-term.
Mainly when it comes to zoning and where property should be placed, the greed of each real estate agent’s market gains and loss take priority over the public community interest.
So why can’t we not allow realtors to serve city council positions to ease this frustration?
We the people like corrupt government. At all levels.
That is why we keep electing these crooks and the democrats and republicans.
Looking for investors all overworld to invest in Romania in real estates .I will be the intermediar of the transaction! Good business for those who want income from across border!
I normally invest in overseas investments through people I met on Yahoo Answers. Especially those that have spelling errors, and provide no information at all on the actual investment … just as you did.
But I just quit last week. Sorry.
I just passed the realty agent exam and now needed to be listed with a broker in order to be officially licensed and begin business. But I got mixed info on how easy/difficult it is to ger hired by brokers….so is it true that they basically take anyone who passes the exam and applies? Or, they just as picky as all other employer?
It’s not hard, just be aware of who you go with, as some of them make you pay to have a desk, advertising, cards, and a mentor. Yes, you have to pay for a mentor in some places, they won’t let you sell without this "training". In such a bad real estate market, maybe you should take this on as a part time thing until the market gets better. Not much is moving in NJ and foreclosures are up 68% from last year. I don’t mean to scare you, but he was very successful until the market bottomed out.
I am a newly licensed loan originator, and would like to view available property in the Chicago area, however my interest does not include the actual selling of realestate.
TO VEIW ALL THE DETAILS, YES YOU HAVE TO BE LICENSED AND THEN BECOME A MEMBER OF THE BOARD OF REALTORS. BUT YOU CAN FIND PUBLIC MLS SYSTEMS. YOU WONT BE ABLE TO SEE ALL THE INFO, BUT YOU CAN GET AN IDEA OF THE PROPERTY. LIKE FOR ME IN OKLAHOMA, NON-REALTORS CAN LOOK AT WWW.MLSGATEWAY.COM OR YOU CAN DO WHAT A LOT OF MY INVESTORS DO, FIND ONE REALTOR, TELL HIM/HER WHAT YOU ARE LOOKING FOR, AND HAVE THEM SEND YOU THE INFO EVERY DAY OR WEEK TO YOUR EMAIL ADDRESS. THAT WAY YOU CAN ALWAYS SEE WHATS NEW.
I found a very nice property. The foundation (on a not so properly licensed extension) is messed up. The state did some work on the lakefront and it caused the foundation to drop down and out a bit.
The foundation itself is just brick walls. The state braced the wall with huge pylons on one side. So as for now, the wall can’t / won’t push out anymore. However, it has sunk some. I think like 4mm out and 4-5mm down within last several years.
I talked to the realty agent today (during home tour). They said it would take a COMPLETE foundation reinstall to fix the "problem". I imagine this would include floor bracing and new walls. The cost they gave for a front 8′x25′ wall then smaller side walls was about $40,000.
I am wondering if this sounds right. I understand the floor will need bracing to lift the floor and get a new foundation under there. And access for debris removal is not all that "good". But it really isn’t " that much foundation ". Any ideas?
You may have to call every single person in the area, ask the cement delivery guys who they think is the best and the worst foundation maker. Don’t shop by price alone. This will need a permit, and ask about installing a weeping tile system, it sounds like you don’t have one, You might get by on hiring some younger guys to dig it by hand, some work hard for the money, I know I did a few myself back in the day, I made 30.00 a day then.
I am doing a business card for a client. Do I put the equal housing opportunity logo? My client says she needs the Fair Housing logo… Isn’t that the same thing. She say the equal housing opportunity logo is for equal opportunity for people. I say that equal opportunity not equal housing opportunity….. I need to send these cards off. Please any realestate agent or anyone who knows reply… Thanks
You are right. Go to National Association of Realtors website and look at the logos. The picture of a little house with the writing on them. Make sure you don’t use the one for mortgages.
My realestate put a bid on a house for me with the bank. She called me and left me a message today starting that she called the bank about status on my offer and was told the house is going for auction
many foreclosure auctions are bringing bids of more than private sales in many areas. Its goofy but the public obsession is with foreclosures thus an increased demand brings out greed and bids of more than its worth.
The bank will not take lowball offers when they can get so much more at auction.