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Home Selling in Allen : Real Estate Advice

  • All147
  • Local Info15
  • Home Buying53
  • Home Selling1
  • Market Conditions1

Activity 21
Mon Apr 25, 2016
Brandon Cirel answered:
In Alabama, the regulations are pretty simple (assuming you are a licensed real estate salesperson).
YOU MUST DISCLOSE IN WRITING THAT YOU ARE A LICENSED SALESPERSON. This requirement is the same whether you are active or inactive.
SECONDLY, if you are inactive, then your are essentially FSBO, nothing is required except the disclosure.
If you are active, you must comply with the requirements of your broker, as they are the ones "responsible" for your listing.

This is what the attorney told me two days ago at the commission.
Also, these requirements are for an agent owner as well as the agent's immediate family.

Hope this helps.
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0 votes 32 answers Share Flag
Sun Nov 29, 2015
Susie Kay answered:
I'm not sure what you are asking, if you are a realtor you should know what info you need to put on a listing. I would suggest that you ask your broker for clarification. Some brokerages allow their agents to sell their home for free and some don't. You are better off clarifying this with your broker to avoid any sticky situation.

Good luck!
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1 vote 1 answer Share Flag
Tue Nov 17, 2015
Amy Arey answered:
NO. Both parties have to agree to the terms in writing before placing your property for sale in MLS and any online entities (this is obviously different from a "coming soon" home). Moreover, I couldn't fathom anyone on either side wanting to attempt this without having everything disclosed and in writing.

I am curious to hear the back-story behind this ;-)

-Amy S. Arey, Realtor, CNE
Halo Group Realty, LLC
825 Market St STE 230
Allen, TX 75013
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0 votes 4 answers Share Flag
Sat May 9, 2015
Cathy Browne answered:
No you do not have to pay this. My broker, Ebby, does not charge this fee to clients.
0 votes 24 answers Share Flag
Wed Apr 15, 2015
Sally Grenier answered:
That's a pretty general question. Pretty hard to give you an answer without specifics. If you have issues, why not talk to him/her about them and see if you can come to a resolution. Or, if you really feel they are incompetent, then ask if you can terminate your agreement. ... more
0 votes 1 answer Share Flag
Thu Mar 5, 2015
David Phillipo answered:
More of a followup question, if a real estate agent can't sell without a broker, can you become both an agent and a broker?
0 votes 14 answers Share Flag
Wed Dec 31, 2014
Susie Kay answered:
It's a good idea to disclose that.

Susie Kay
Realtor & Certified Stager
United Real Estate
0 votes 1 answer Share Flag
Thu Dec 4, 2014
Susie Kay answered:
If you have to have an active license to practice real estate. If what you meant is that you are a buyer and you are also a licensed yet inactive status real estate agent, then I would suggest that you disclose that under special provision.

Susie Kay
Realtor & Certified Stager
United Real Estate
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0 votes 5 answers Share Flag
Wed Sep 10, 2014
Michael Brownstead answered:
Many people in the market today are first-time home buyers who would not have been able to buy when home prices were higher. Enticed both by lower prices and bank promotions, these eager hopefuls are have taken the signs of deals as the best chance to make their first real estate move .

While all home buyers need help with the short sale process, it’s especially challenging to address the needs and concerns of a first-time home buyer who has decided a short sale is the home for them.
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0 votes 16 answers Share Flag
Sun Aug 24, 2014
Scott Johnson answered:
From a time perspective Short Sale is a misnomer... these transactions typically take a long time to close but can save the property from going to foreclosure.

I would suggest you find an agent in your area that is experienced in Short Sales... If you don't already have an agent that you are working with I suggest you call Karen Prinster @ 314-267-8080. She is based out of St. Louis but is licensed in both states and can explain the process to you.

If you have any other questions, feel free to contact me at any of the links below,

Scott Johnson
FireBoss Realty
469-269-0911 - Property Search Site - Blog - FREE Mobile App
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0 votes 4 answers Share Flag
Wed Aug 13, 2014
Michael Terwege answered:

Having an agent represent you in a new build purchase is the best option. A real estate agent will not only negotiate with the builders rep but will represent you through the entire process if any issues were to come about during the build. I built 3 homes before I became an agent believing things would go smoothly and issues did arise that I wish I had representation. One thing to expect once you sign and start the build most likely you will be turned over to the contractor in charge of your new home. Sometimes no matter how nice the builders rep is there are still other people during the build process that can throw a kink in the process. Sometimes there can be conflict or it can run smoothly.

Let me know if you would like any help with this process.

Michael Terwege
JP & Associates REALTORS
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0 votes 11 answers Share Flag
Tue Oct 29, 2013
T.E. & Naima Sumner answered:
It seems to be working now.

Your house comes up on page 3 of 44 total above $500k with pool in Allen on Trulia.
0 votes 7 answers Share Flag
Tue Aug 13, 2013
Mike Junker answered:
This is both a serious and kinda funny question at the same time. It is true, that if I had the "magic bullet" that would get sellers to knock down my door, I would not be sharing it here with all the other Realtors around me. I do understand that newer agents will be needing help with getting listings and then the big thing, getting them sold. There are all sorts of people that will "sell" you leads, but the real way you can get listings has a lot of parts to it. My favorite is when a past client calls and gives me a referral. Here is what I think is important:

1. The company you keep. New clients want to know that you are with a reputable firm.
2. Market well. Make sure that you are marketing the property better than most. This is easy for me as I use the tools we have developed over many years.
3. Know your market. Work in the area that you know.

Now the work begins. I've heard someone say offer your service to 50 people a day. Well, maybe 5 will do it. Depends on what you are looking for. I am with the largest, fastest growing real estate franchise in the US. There is a reason for this growth. It's our systems & training. You can come aboard, or you can read the book MREA written years ago by Gary Keller.

Good luck, and God bless.
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0 votes 11 answers Share Flag
Fri Mar 29, 2013
T.E. & Naima Sumner answered:
The law on receiving commissions is a local matter in the state where the transaction occurs and the state where the recipient does business.

Unless there is reciprocity from Washington for California licensees, which I doubt, your brother cannot receive directly any compensation. However, he could receive a referral fee from a brokerage in Washington so long as he is currently licensed in California. He should explain the situation to you (we all after all are trained in the state law where we do business). ... more
0 votes 6 answers Share Flag
Sun Mar 17, 2013
Susan J Penn, PA,SFR,CDPE answered:
Dear Domingo,

If a real estate agent is selling his/her property, he/she is the owner, hence, there is no commission to receive.

Susan Penn, PA, SFR, CDPE
EWM Realtors® | A HomeServices of America Company | An Affiliate of Berkshire Hathaway
2000 Main Street, Suite 103 | Weston, FL 33326
T: 954.306.7337 | C: 954.557.5993 | F: 954.515.0200 | |
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0 votes 10 answers Share Flag
Sat Feb 16, 2013
Rocsheen Holston answered:
Sure if in fact the seller agrees the real estate agent can sell there FSBO with a contractual agreement
0 votes 1 answer Share Flag
Fri Mar 9, 2012
Dallas Texas answered:
Your question is posted in Allen, TX try MA for answers.

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
0 votes 3 answers Share Flag
Fri Nov 18, 2011
Cathy Browne answered:
CLEAN, DE-CLUTTER, and PAINT NEUTRAL COLORS! Those are 3 easy things you can do that will make a world of difference in the appearance of your home! These things will make your home more appealing to buyers! ... more
0 votes 10 answers Share Flag
Mon Jan 31, 2011
Bill Eckler answered:

If anyone can sell their property "for sale by owner" why wouldn't an agent, whether active or inactive, be able do the same?

0 votes 11 answers Share Flag
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