Florida Buyer Broker Agreement All Locations : Advice

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Jaime Arana, Real Estate Pro in Miami, FL
Jaime Arana answered:
I have a question for my fellow Realtors. What do you do with a seller that doesn't want to accept good cash offers, even over the price of the most?
Is it the asking price? it depends on what his price is- I've had similar cases such as this but I was able to be upfront with them and help them understand the meaning of a CASH OFFER
0 votes Share Flag Sun Feb 10, 2013 Home Buying in Miami
Douglas Lagos, Real Estate Pro in Pacific Palisades, CA
Douglas Lagos answered:
Older homes, the risks? What specific risks should I be concerned about when buying an older (1950-1980s) home? Electrical comes to mind.
Hi Michael,

Older homes may have electrical, plumbing, and appliances issues. I would recommend to get a general home inspector when you find the fit home, and depending on their res ... more
0 votes Share Flag Wed Feb 13, 2013 Home Buying in 92131
Alan May, Real Estate Pro in 60201
Alan May answered:
Is "Earnest Money"a common practice requirement when making an offer? Region-specific?
I think some form of "earnest money" (or consideration) is pretty typical, here in the states.
0 votes Share Flag Tue May 6, 2014 Home Buying in 10012
David Grande…, Real Estate Pro in Arkansas
David Granderson answered:
If you have a FSBO home, can you obtain an MLS?
We input detailed information into the Multiple Listing Service when we have a listing agreement with a client. A FSBO is attempting to procure a sale without the help of a real estate ... more
0 votes Share Flag Mon Feb 4, 2013 Home Buying in Arkansas
Bruce Ailion, Real Estate Pro in Marietta, GA
Bruce Ailion answered:
tips for selling your own home
Selling on your own may or may not work out for you. The process of selling a home is more complex than simply finding a buyer.

You can find simple forms on sites like legalzoom or ... more
0 votes Share Flag Sat May 11, 2013 Home Selling in 30068
Carlos Escam…, Real Estate Pro in Miami, FL
Carlos Escamilla (305)240-6896 answered:
Leasing HELP! My Realtor sucks.

Wow I'm sorry to hear this! There is many people out there without experience at all.
What you need is someone experienced on their field. I mean there is so many options ... more
0 votes Share Flag Mon Feb 4, 2013 Rentals in Miami
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
Contract dilemma - What is the price of the house?
Hi McLovin,

The purchase price is $235K - as the contract stands. Now, the buyer will only get the $206K financed. So, they would need to pay the difference of $29K in cash. Howev ... more
0 votes Share Flag Fri Feb 1, 2013 Home Buying in Palm Springs
Steven Goldm…, Real Estate Pro in Las Vegas, NV
Steven Goldman, CRS, Realtor answered:
What are the 10 most important questions to ask your realtor?
#1. How much do you charge? Answer is typically zero to the Buyer. Sometimes, if the price is low or the agent is greedy, they will charge a flat fee. Some agents charge just because th ... more
0 votes Share Flag Thu Jan 31, 2013 Home Selling in Las Vegas
Beth Jenkins, Real Estate Pro in Miami Beach, FL
Beth Jenkins answered:
Why do you have to pay a fee to some of these agents when you can find your own property for free.?
Hi Adriane,
You are going to get so many answers, most not very positive.
The bottom line in you most likely cannot find property on your own for free, as many properties on Trulia an ... more
0 votes Share Flag Tue Feb 5, 2013 Rentals in Nautilus
Editor, Home Buyer in San Francisco, CA
Editor answered:
Appraisals can be driven by lender guidelines. What is market value ultimately driven by?
People mistakenly think it is the Realtors that are driving prices up. However, it is actually the buyers who set the price of any property. If it is too high priced, the property will ... more
0 votes Share Flag Tue Jan 29, 2013 Financing in South Beach
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Home Inspection. We accepted an offer on our home, and now it is inspection time. The inspector has come up with nickle-dime issues and one major one.
The two realities are the MAJOR ISSUE, and your inability to fix it:

You, (and the Buyer), have three choices;
Lower the PRICE to allow for the repairs
Sell it As-Is and let the Bu ... more
0 votes Share Flag Fri Feb 1, 2013 Home Buying in Seattle
Steve (888)…, Real Estate Pro in 33480
Steve (888) 662-4404 answered:
We have thought about buying a lot in either Ox Bottom or Golden Eagle,I would like some advice on which is the nicer area.
You need to avoid that Clown Car Full of Horrors trying find a Construction Loan in FL here in 2013 and go find a good resale of foreclosure....BEFORE they go up the 6% predicted ... more
0 votes Share Flag Tue Apr 2, 2013 Home Buying in 32312
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
How much commission do you charge when you represent a buyer for a property around $50k?
Commissions are typically paid by the seller not the buyer. If you agreed upfront through a buyer's agency agreement to pay your agent a set amount, and the listed commission wa ... more
0 votes Share Flag Fri Feb 1, 2013 Home Buying in Miami
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
Bank Owned home
Hi pmarquart60,

If the bank has not accepted your offer in writing you do not have a contract yet. Have your Realtor do a withdrawl of offer before the bank accepts your offer in wr ... more
0 votes Share Flag Sun Jan 27, 2013 Home Buying in Port Charlotte
The Condo Sh…, Real Estate Pro in Miami, FL
The Condo Shop - Miami, FL answered:
Can a broker sign an Exclusive Buyer Representation Agreement with a buyer when that broker is represent ...
Dual agency is NOT allowed on the state of Florida. You can choose from either of the three brokerage relationships transaction broker, single agency or no brokerage relationship.
0 votes Share Flag Thu Jan 24, 2013 Home Buying in Fort Lauderdale
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
I'm buying a short sale and is take for ever is have been a six month and I ask my agent said they send all the papers that the bank ask how
Hi Jkcolino,

Have your Realtor contact the Listing Agent to see the status of the short sale. The Listing Agent can contact the short sale negotiator (bank) for a status update - yo ... more
0 votes Share Flag Tue Jan 22, 2013 Home Buying in New York
The Condo Sh…, Real Estate Pro in Miami, FL
The Condo Shop - Miami, FL answered:
Hello, I was trying to buy a property in FT Lauderdale, I put 10k for escrow deposit now the State has my money. How can I get my money back?
Thanks for the inquiry. I recommend you run not walk to consult with a real estate attorney. This is a question that's going to require review of signed contract and addenda to ans ... more
0 votes Share Flag Wed Jan 23, 2013 Home Buying in Fort Lauderdale
Hillary Moff…, Real Estate Pro in 95677
Hillary Moffitt answered:
First time home buyer is not sure about getting a realtor
You absolutely need to find a good realtor before you become serious about home searching. SInce interest rates are low there are a lot of buyers out there wanting to buy! Also inven ... more
0 votes Share Flag Thu Aug 7, 2014 Home Buying in 95747
Pamela Weath…, Real Estate Pro in Colorado Springs, CO
Pamela Weatherford answered:
I looked at a house that was a FISBO. I called the owner to find he had gone with a realtor this past week. Can we can work without the realtor?
Hi Donna,
If the seller has already signed a contract with the realtor then he is bound by the contract to use the agent to represent him. That agent will be looking out for the best i ... more
0 votes Share Flag Wed Jan 22, 2014 Home Buying in 80922
Tracy Hoyt, Real Estate Pro in Valrico, FL
Tracy Hoyt answered:
I am looking to purchase a home in a gated community in Boca. I don't know were to begin ?

The first thing you should do is employ a Fantastic Agent to help you in your search. They will be qualified to guide you to the right neighborhoods that fit your needs and y ... more
0 votes Share Flag Tue Feb 12, 2013 Home Buying in Boca Raton
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