Can Buyer And Seller Exchange Money Outside Of A Closing? All Locations : Advice

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Kent Gagon, Real Estate Pro in Tempe, AZ
Kent Gagon answered:
Can a non-Realtor receive a referal fee for bringing a buyer to a Realtor or broker?
No, referral fees must be paid from broker to broker any payment of a referral fee to a non licensed party is considered a finders fee and is illegal.
0 votes Share Flag Sun May 23, 2010 Home Buying in Boynton Beach
Scott A. Nel…, Real Estate Pro in 02155
Scott A. Nelson answered:
Hi, We are having a problem with the 20% Zip realty commission rebate. We are buying in MA with a FHA 30 yr ...
The sales incentive from Zip & it's use are 2 separate issues. Zip real estate is free to offer whatever sales incentive it chooses here in Massachusetts. How funds are used an ... more
0 votes Share Flag Tue Jan 18, 2011 Home Buying in Boston
Arn Cenedella, Real Estate Pro in Menlo Park, CA
Arn Cenedella answered:
I'm helping a girlfriend with a real estate problem. She is in the process of buying. She went into the ...
Hi Marc

OK....complicated situation, no doubt!
I think your first step would be to isolate the "$10K higher than expected" came from?

You need to separate out and isola ... more
0 votes Share Flag Wed Sep 1, 2010 Home Buying in San Jose
Mark LeMenag…, Real Estate Pro in Lake Nona, Orlando, FL
Mark LeMenager answered:
Why are there so many "CASH ONLY" deals?Who has $160,000 in cash?
Based on sales, there are clearly thousands of people looking to convert some of their holdings from other investments into real estate right now, but I will agree that $160,000 is a bi ... more
0 votes Share Flag Mon Feb 28, 2011 Home Buying in 33182
Team Knight, Real Estate Pro in Southlake, TX
Team Knight answered:
How can a realtor be a "great" realtor in the new information age?
If a Realtor is representing a Seller they need to "go where the buyers are". In todays world that is the internet. Most Buyers search thier favorite sites on the internet bef ... more
0 votes Share Flag Wed Apr 7, 2010 Home Buying in Carlsbad
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I am looking for a second home in Sullivan County NY. I'm getting so frustrated because it seems tha ...
What is your agent advising you to do--keep in mind that a home is worth what someone is willing to pay for it; it doesn’t matter what the seller “needs” or potential ... more
0 votes Share Flag Fri Sep 5, 2014 Home Buying in Sullivan County
Dan Tabit, Real Estate Pro in 98074
Dan Tabit answered:
Questions about giving low offers
Window,
Each seller has a different set of circumstances. On occasion, a lowball can be effective, but mishandled it angers a seller who may take offense. A good agent keeps track o ... more
0 votes Share Flag Wed Dec 23, 2009 Home Buying in Snohomish County
Bonnie Scrib…, Real Estate Pro in Fullerton, CA
Bonnie Scribner answered:
Why does it seem like most home searching sites are outdated? ie. Trulia and Realtor.com
It is frustrating. I can't speak for Trulia, but Realtor.com is the official site of the National Association of REALTORS, and is fed directly from the MLS. I'm not sure how ... more
0 votes Share Flag Sun Sep 30, 2012 Home Buying in 92649
Nunzio Zappo…, Real Estate Pro in East Hampton, NY
Nunzio Zappola answered:
can a foreigner buy a house in usa? am from india?
Dr.abhilash
I am working with international clients and would be pleased to assist you in obtaining your real estate goals contact me nunzio.zappola@elliman.com or call 1(631) 422- 75 ... more
0 votes Share Flag Fri Oct 10, 2014 Home Buying in New York
Shawn Sidhu, Real Estate Pro in San Jose, CA
Shawn Sidhu answered:
A mortgage Broker has given me a G.F.E. showing 1% Origination Fee but alsoshows 3% to be paid by Lender ...
That is pretty excessive in terms of fees. I would ask your mortgage broker why he/she is charging you that much. Is it for an FHA loan?
0 votes Share Flag Tue Jul 21, 2009 Financing in 18333
Frank Bailey…, Real Estate Pro in San Antonio, TX
Frank Bailey Sr. answered:
I'm from England. In buying a home or property in the USA does the realtor handle the total buying process! ...
Hello Mr. Clark,

The home buying process is a bit different here compared to buying a home in the UK. When I bought my first over in the UK about 10 years ago, it was all handled ... more
0 votes Share Flag Sat Jun 13, 2009 Home Buying in Texas
Stacy Karel, Real Estate Pro in Chicago, IL
Stacy Karel answered:
Any specific rules I need to follow when negotiating offers?
if you get two offers.. ask each for their best and final by a particlular date and time. You can disclose to the agent that the other offer is not represented, but I wouldn't go into ... more
0 votes Share Flag Thu Apr 30, 2009 Home Selling in Chicago
DONALD KEYS, Real Estate Pro in Phoenix, AZ
DONALD KEYS answered:
How can I get my lot exposure, so I can sell it, without signing up a Realtor?
1) Contact an attorney since you would want to know the legal laws of selling property in Arizona since you are considering not using a REALTOR.
2) The internet will give you the most ... more
0 votes Share Flag Thu Nov 21, 2013 Home Selling in 85355
Get-smart, Other/Just Looking in Durham, NC
Get-smart answered:
Elaborate on "you need a realtor with strong internet experience"?
would you be willing to accept payments until the market clears?
0 votes Share Flag Wed Mar 2, 2011 Home Selling in Doylestown
Dana Schuster, Real Estate Pro in 70458
Dana Schuster answered:
How on earth do i hear that the market is down and it doesn't reflect on asking price?
A lot of sellers aree still in a state of denial. As realtors,we can do our best to bring them down to earth,but in the end,the seller is the only one who can determine the final asking ... more
0 votes Share Flag Thu Feb 19, 2009 Home Buying in Brooklyn
Joe Marino-R…, Real Estate Pro in Canton, OH
Joe Marino-Realtor answered:
If President Barack Obama could change or fix anything about housing what would it be?
He could help raise prices of properties by eliminating some of the "stale" inventory. Some older foreclosed homes that are damaged and deteriorating are still sitting on the market dr ... more
0 votes Share Flag Mon Oct 1, 2012 Market Conditions
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
Should I use the same agent to sell my home and be my buyer's agent for my new one?
SURE, it is a GREAT idea agents dont get paid till you sell your current home, and purchase your next
0 votes Share Flag Wed May 14, 2014 Home Selling in Woodstock
Dawn Fussell, Real Estate Pro in 19082
Dawn Fussell answered:
Buyers, what is stopping you from purchasing in this absoluately phenomenal buyers market?
Hi Janice

I like to ask the same question. I have so many that feel it is a bad time to buy, but what they aren't reading is true info. The media has portrayed such a bad seed to ou ... more
0 votes Share Flag Tue Aug 24, 2010 Market Conditions in 19382
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
Avoid Buyer agent and make an offer? what is the minimal way to do this.?
If you are requesting a buyers agent write an offer odds in locating an agent to do this is slim.

Any buyer who wants to write an offer w/o a realtor is at risk once the contract i ... more
0 votes Share Flag Thu Oct 9, 2008 How To... in Pasco
;,  in Riverhead, NY
; answered:
When using a Buyer's Agent - does the seller pay the commission fee or buyer?
Typically, when the seller lists their house,the seller and the listing company agree to a fee from which 1/2 goes to the listing company, and 1/2 goes to the buyers agent. The amount a ... more
0 votes Share Flag Wed Jan 7, 2009 Financing in Jersey City, NJ
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