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Earl Cline
- 5 Helpful Answers
- 19 Answers
- 3 Blog posts
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Experience:
President for Summit Real Estate
September 2000—present
Real Estate Brokerage.
Real Estate Brokerage.
President for Summmit Real Estate Capital
October 2007—present
Raise Private Money for investing in income property.
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Raise Private Money for investing in income property.
Specialties:
Would you like to have your retirement funds earning 15 - 25% or more. It is very eash and safer than having them invested in the stock market. I have
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Certifications
& Awards:
& Awards:
Real Estate Broker
Member National Association of Realtors. ... show more
Member National Association of Realtors. ... show more
About:
In addition to running a Real Estate Brokerage, I also coach Real Estate investing to students from all over the country. I have coached for Robert Kiyosaki,
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Testimonials:
"“I hired Earl last year as an investment coach. He was the second such coach I had hired but I would rate my experience at the time as novice. Earl,
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Earl Cline answered:
If you are the seller, you can only be made to pay a comission if you had agreed to do so in writing. The assumption is that the buyer brought the agent and agreed to pay the commissioin. In that case, both of you could have agreed to raise the price over what you had agreed to enough to pay the agent. in essence, they are paying it by raising the loan amount and including it in their closing costs. If the agent does not have an agreement to be paid by either party, they they can't collect it.
You still may the the problem of why did the agent get involved in taking care of the paperwork in the first place. Someonw would have had to get her involved. Check the purchace contract very carefuly to see if there is a clause in there that obligates you to pay it. Under Utah Law, an agent cant put a comission agreement into the purchace contract. I have been a broker in California in the past, and I think it is the same there. INotherwords, if the agent doesn't have a written agreement with either of you outside the purchace contract they cant get paid.
You still may the the problem of why did the agent get involved in taking care of the paperwork in the first place. Someonw would have had to get her involved. Check the purchace contract very carefuly to see if there is a clause in there that obligates you to pay it. Under Utah Law, an agent cant put a comission agreement into the purchace contract. I have been a broker in California in the past, and I think it is the same there. INotherwords, if the agent doesn't have a written agreement with either of you outside the purchace contract they cant get paid.
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