Broker Agreement All Locations : Advice

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Todd Foust, Real Estate Pro in Orange County, CA
Todd Foust answered:
a realtor that knows me got me to talk to a loan officer that got me approved for $340,000.could i go to a different realtor with the same loan.thx
Yes. Just be prepared that the lender was referred by the REALTOR so they most likely will let them know you are working with somebody else. Might want to talk to the old REALTOR first ... more
0 votes Share Flag Thu Mar 28, 2013 Home Buying in Long Beach
Matt Laricy, Real Estate Pro in Near North Side, Chi...
Matt Laricy answered:
Selling agent won't answer my realtor's calls, emails, texts. What should we do? Is there someone we can report him to?
Call up his managing broker. He can make sure it gets taken care of.
0 votes Share Flag Mon Apr 1, 2013 Home Buying in 60610
Chris Block, Real Estate Pro in Saint Paul, MN
Chris Block answered:
How long is reasonable for a buyer's agreement?
Ok TAKE A DEEP BREATH IT WILL BE OK! Hahaha

It is quite possible the agreement could have been for a year. I know some agents that will do standard 3 or 6 month agreements. Some like ... more
0 votes Share Flag Wed Jul 2, 2014 Home Buying in 55401
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
Is it more often than not that the utility service is off during the final walk through?
1. Write in special provisions of the sales agreement
a. utilities be on through close date.
b. Have all receipts furnished at closing

Lynn911 Dallas Realtor & Consultant
Mu ... more
0 votes Share Flag Wed Mar 27, 2013 Home Buying in 75056
Nicolas Romo, Real Estate Pro in Pasadena, CA
Nicolas Romo answered:
How can I find out what is really going on with the house i'm renting in LA my landlord wont tell me anything.?
Eventually, you'll either receive a notice in the mail from the bank or a flyer from a real estate agent and/or someone will knock on your door offering foreclosure help. If you wa ... more
0 votes Share Flag Thu Mar 28, 2013 Foreclosure in Los Angeles
Keith Jean P…, Real Estate Pro in East Brunswick, NJ
Keith Jean Pierre answered:
Can I get my earnest money back? I haven't signed the counter
From my understanding, since the offer was never accepted, you do not have a formal contract. It might get messy with some choice words, but legally if you do not have money exchanged a ... more
0 votes Share Flag Wed Mar 27, 2013 Home Buying in 73089
Simir Shah, Real Estate Pro in Chicago, IL
Simir Shah answered:
How long can a buyer stall a response to a letter from the seller, addressing the items listed by the buyer's inspector to be repaired or added?
Have your attorney send a letter with a deadline and if they do not respond send a mutual cancellation letter and stick you house back on the market. Are you using a realtor?
0 votes Share Flag Fri May 31, 2013 Home Selling in 60565
Deborah Madey, Real Estate Pro in Red Bank, NJ
Deborah Madey answered:
How can we find out through which bank our landlord's mortgage is being paid. He might be in forclosure and is keeping us in the dark?.
Some of the legal proceedings on foreclosure cases are public. You can research the status of a case to find out if a complaint if filed, if a judgement is issued, or if a sale date ... more
0 votes Share Flag Mon Apr 8, 2013 Home Selling in 08046
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
If I submit multiple offers on different properties at the same time, what happens if more than one gets accepted?
The offer is only valid when you acknowledge the seller's acceptance in writing. Even then, you have a 17 day inspection period during which you can cancel.
0 votes Share Flag Mon Mar 25, 2013 Home Buying in Los Angeles
James Ponzi, Real Estate Pro in Denver, CO
James Ponzi answered:
Where does the broker rebating the buyer have to be disclosed?
Hi Phung Nguyen,

It has to be disclosed on the HUD-1 Settlement Statement at the closing. The lender should be aware of this prior to closing so they can approve it also.
0 votes Share Flag Wed Mar 27, 2013 Home Buying in Denver
Julie Montgo…, Real Estate Pro in 99929
Julie Montgomery answered:
difference between "under contract" and "sale pending"
Under contract when a "normal" home sale is under contract. Pending is when a bank-owned home is under contract, waiting for bank approval. Julie Montgomery, Greenwood Village, www.jmon ... more
0 votes Share Flag Mon Mar 25, 2013 Home Buying in Denver
EdithJasser…, Real Estate Pro in 60093
EdithJasser YourRealtor4Life answered:
I have a client that had a realtor charge him 31% commission on a mobile home sale. To me this does not seem legal.. curious if this is normal?
Not knowing the details of any sales contract or listing agreement we cannot really comment.
Sincerely yours,
Edith YourRealtor4Life & Chicago and Northern Illinois Expert

Workin ... more
0 votes Share Flag Mon Mar 25, 2013 Home Selling in Michigan
Marge Bennett, Real Estate Pro in Fort Myers, FL
Marge Bennett answered:
Can I get out of the purchase agreement if I found out that the Association have too many restricti ...
Is it a condo? If so and you are within the rescission period 3 days for resales, then the answer is yes. For new construction it is longer
0 votes Share Flag Mon Mar 25, 2013 Home Buying
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
Can a RE Broker still charge a proposed tenant a fee on a rental property if the lease was never executed? ...
Read the buyer's/renter's agreement with the agent.

The answer--contained for certain in the agreement--is "probably yes."

You say there was never an executed lease. OK. So? Read ... more
0 votes Share Flag Tue Mar 26, 2013 Rentals in 02458
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
Seller is rufusing to contribute any % on conventional loan.
What is your question. If the loan is conventional (20% down) why would you be asking for down payment assistance? This is typically for those buying a property using an FHA loan? Remem ... more
0 votes Share Flag Sun Mar 24, 2013 Home Buying
Craig Zappin, Real Estate Pro in 25705
Craig Zappin answered:
If you find a buyer before the effective date on the contract with the broker, do you still have to pay the b ...
Those details should be spelled out in your contract.
0 votes Share Flag Sun Mar 24, 2013 Home Selling
Gabe Davidson, Real Estate Pro in Sacramento County, CA
Gabe Davidson answered:
Will I lose my deposit if I signed the Liquid damages form, but never signed release of contingencies?
Hello
It depends on the terms of your specific contract, which your Realtor should answer for you. Generally speaking, no, your deposit is not in jeopardy until after you have removed ... more
0 votes Share Flag Sun Mar 24, 2013 Home Buying in 95621
Joetta Fort, Real Estate Pro in Arvada, CO
Joetta Fort answered:
average home selling commission rate in Denver
We're actually not supposed to discuss commission as an 'average', by law. I guess the powers-that-be don't want the public to get the idea that there is a standard fee, so you won't f ... more
0 votes Share Flag Sat Mar 28, 2015 Home Selling in Denver
Alison Hillm…, Other/Just Looking in San Francisco, CA
Alison Hillman answered:
Earlier this year I was looking at a property on Sheridan Circle. It was one of two new homes being built in the area of 33-37 Sheridan, but the
You can contact the listing agent who will be able to help you learn more about that specific property (and probably will know a lot about similar properties in the area). To find an ag ... more
0 votes Share Flag Fri Mar 29, 2013 Home Buying
Maria Gilda…, Real Estate Pro in 06040
Maria Gilda Racelis answered:
I made and offer on a house the seller countered then i accepted the offer sent it back and they said theres another offer they took can they do that
Hi Ea1625,

It happens all the time. Unless the agreement is in writing and signed by both parties, the verbal acceptance you received from the seller accepting the counter offer is n ... more
0 votes Share Flag Sat Mar 23, 2013 Home Buying
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