Standard Commercial Real Estate Commission All Locations : Advice

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Jane Grant, Real Estate Pro in Temecula, CA
Jane Grant answered:
Is it "ethical" to host an open house when you already have a contract in attorney review? I know its "legal", just doesn't
Bob: This happens a lot in our area. We have a lot of agents here in Southern California and there are open houses on homes in Pending all of the time. The agents try to get buyers o ... more
0 votes Share Flag Thu Feb 23, 2012 Home Selling in 07728
Dan Brough, Real Estate Pro in Anaheim Hills, CA
Dan Brough answered:
What do realtors do to "market" a house beyond putting it on the MLS and open houses?
Here are few things:

Put it on their blog
Post on Facebook
Twitter about it
Post on Craigslist
Email Blast
Video Tour
Postcard Mailing

There are more.

-Dan
0 votes Share Flag Thu Feb 26, 2015 Home Selling in 92620
Michael Hamm…, Real Estate Pro in 30078
Michael Hammond answered:
What's the best way to fire my real estate agent?
Why would you not have fired him after the first late offer, Sp? Or the second? Or third. Three strikes rule, in my opinion.
0 votes Share Flag Thu Dec 11, 2014 Home Buying in Edgewood
rockinblu, Other/Just Looking in Austin, TX
rockinblu answered:
Question for "For Sale By Owner" sellers and buyers
As a seller, it was much less complicated than I thought, but I'm not so naive to think that that's the way it always is. However, If ever in another selling situation, would ... more
0 votes Share Flag Thu May 6, 2010 Home Selling
Alyse Sands,…, Real Estate Pro in Nashville, TN
Alyse Sands, Broker, GRI, ePRO answered:
Agent wants offer before viewing the individual apartment units!
This is common when the property is occupied by renters. Renters may not keep the units looking good and may turn down showings because it doesn't benefit them to allow showings t ... more
0 votes Share Flag Wed Jun 9, 2010 Home Buying
Aaron Dickin…, Real Estate Pro in Minneapolis, MN
Aaron Dickinson - Edina Realty answered:
Real Estate Broker Administrative Fees
This commission charge was most likely disclosed to you in the Buyer's Representation Agreement. If it wasn't on paperwork you signed, you shouldn't be charged for it. ... more
0 votes Share Flag Tue Sep 24, 2013 Home Buying in Minnesota
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
To fellow realtors and mortgage professionals--- Ive been having a problem with appraisals meeting contract price!
Unfortanately the appraisers are being way too overly cautious. I dont think they understand the hurt that they cause by their actions. Although some homes are justified and they are wo ... more
0 votes Share Flag Wed Apr 21, 2010 Market Conditions
Jeff Macdone…, Real Estate Pro in New Hope, PA
Jeff Macdonell answered:
Is it true that real estate agents are mostly seeking sellers who will sign with them and then they leave the ...
Hi Connie -

I think you are referring to the fact that most buyers for a property have their own agent. That does not mean that the expertise, efforts and marketing abilities of you ... more
0 votes Share Flag Tue May 13, 2014 Home Selling in 18974
Christy Brock, Real Estate Pro in Contra Costa County,...
Christy Brock answered:
Agent honesty
Go with your gut feeling. If you have real doubts, check the agents DRE license and see if there are any complaints.
0 votes Share Flag Thu May 15, 2014 Home Buying in San Ramon
Barbara Harv…, Real Estate Pro in Philadelphia, PA
Barbara Harverson Smith answered:
Problem placing an offer on a house w/o being represented by a Buying Agent.
Prosp_Buyer,

I think the seller was trying to make sure the agent was representing their best interests without any potential conflict. As Realtors, we are bound to follow any legal ... more
0 votes Share Flag Tue Jun 28, 2011 Home Buying in 08884
Robin Silver…, Real Estate Pro in Garden City, NY
Robin Silverberg answered:
how much should i put down on signing of contract?
The standard in New York has always been 10%. However, there are times that a lower amount down can be negotiated. On higher priced homes it is not uncommon to only give 5%. Now that 3. ... more
0 votes Share Flag Sat Aug 24, 2013 Home Buying in Canarsie
Jeanne Feeni…, Real Estate Pro in Basking Ridge, NJ
Jeanne Feenick (908) 337-0943 answered:
When looking at house listings, what implications does "OWNER HOLDS A NJ REAL ESTATE LICENSE" hav ...
Hi there Buyer777, By law an owner must disclose if they have a real estate license. It may be residential or commercial and likely will have no bearing on your transaction. It is pos ... more
0 votes Share Flag Wed Feb 17, 2010 Home Buying in New Jersey
Deborah Brem…, Real Estate Pro in 90049
Deborah Bremner answered:
What is the standard commercial real estate commission on vacant land in Illinois?
As we all know, all commissions are NEGOTIABLE, and an item for discussion between seller and agent. To find out what is common in your marketplace, look at some local listings.
Debor ... more
0 votes Share Flag Thu Feb 10, 2011 Financing in Los Angeles
Gerard Dunn, Real Estate Pro in Potomac, MD
Gerard Dunn answered:
Why would a seller list w/ listing broker & not just incent buying broker? Less commish and buyer broker has what seller needs...buyers.
You could do this. Unless you know the market intimately - you may be selling yourself short.

There are certainly owners out there that have the ability and knowledge to sell their ... more
0 votes Share Flag Thu Feb 4, 2010 Home Selling in Charleston
Jeremy James…, Real Estate Pro in Arizona
Jeremy James Jack answered:
Do you feel it is a good time to buy a home?
Kathy,

When is the best time of the year to buy a home? There are at least two days of the year that give buyers the edge. Would you like to guess which two days are best for buying ... more
0 votes Share Flag Tue Jun 22, 2010 Home Buying in Oro Valley
Kathleen Lor…, Real Estate Pro in Brainerd, MN
Kathleen Lordbock answered:
Do you think prices of Residential Real Estate will continue to drop through 2010? If so, how much?
I see prices still dropping and interest rates slowly rising. With the lender held shadow inventory being released at some point in time - yes, the market will reflect the flooding.
0 votes Share Flag Mon Dec 28, 2009 Home Buying in San Diego County
Carol McAlis…, Real Estate Pro in Franklin, TN
Carol McAlister answered:
Why are Realtors afraid of Social Media Marketing for their businesses ?
Huh? what are you talking about??
0 votes Share Flag Fri Feb 12, 2010 General Area in Kentucky
Sean Dawes, Other/Just Looking in Philadelphia, PA
Sean Dawes answered:
what commission are standard for muti-family homes near lemon grove thinking of selling?
Commissions are not suppose to be discussed like this. You will not have a realtor chime in and give you a specific % as they can get in trouble.

I would go under the find a pro fea ... more
0 votes Share Flag Thu Feb 11, 2010 Home Selling in Los Angeles
Jeannie Lugo, Real Estate Pro in Valdosta, GA
Jeannie Lugo answered:
I would like to know the going rate [fee's] for real estate companies selling of your house in Gorgia ...
Ken,

There is no "going rate" -- in fact, it is against the law for agencies in an area to collude in setting a "standard" commission rate. Each brokerage/agency ... more
0 votes Share Flag Wed Aug 1, 2012 Financing in Lake Park
Brian L. A.…, Real Estate Pro in Colorado Springs, CO
Brian L. A. Wess -CRS, CDPE answered:
Colorado Springs subdivision questions - want the newest community
Hi There :o)

Banning Lewis Ranch is the Newest Subdivision in Colorado Springs. the builders have their own people who work at their models and they represent the builders interests. ... more
0 votes Share Flag Wed Sep 30, 2009 Home Buying in Colorado Springs
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