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What Percentage Does A Realtor Get All Locations : Nationwide Real Estate Advice

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Showing results for What Percentage Does A Realtor Get [Clear search]
Mon Mar 25, 2013
Kevin Sechelski answered:
Things could have changed since you have lived here. Maybe go month-to-month renting while you are searching for a place to live. This way you don't have to break a lease if you find the perfect situation. Let me know if you need help!

Kevin Sechelski

House Hunting Houston

832.545.5503

contact@househuntinghouston.com
... more
0 votes 11 answers Share Flag
Tue Mar 26, 2013
Lynne Oliveri answered:
Hello Guiseppe,

To accurately give the APR for any loan product, I would need some additional information. Feel free to email me at lynne.oliveri@guaranteedrate.com and I can go voer this in more detail. I would not need any of your personal information, just information on loan size, taxes, area you are buying in, so I can estimate some of the fees associated with a CHFA loan.

Lynne Oliveri
VP of Mortgage Lending
Guaranteed Rate
NMLS#22204
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0 votes 4 answers Share Flag
Fri Jul 15, 2016
Ron Thomas answered:
The HOA is the villan, but you chose to replace your Agent?
(And people wonder why I am not high on HOA's!)
You can blame the high HOA fee, and you can blame your Agent; but it would be a sure-fire bet that you are asking too much for the Condo; or it would have sold. ... more
0 votes 18 answers Share Flag
Fri Mar 22, 2013
Keith Jean-Pierre answered:
Typically if split correctly, a 7% commission will make you look more desirable than the competition. Ethically a real estate agent is not supposed to look at commission first when deciding what to show a client, but people are people and it happens sometimes. With a 3.5% offering, you look VERY intriguing to ALL agents. The proper split should be giving out 3.5% to buyers agent and sellers agent keeping 3.5%. I hope this answers your question. Just ask what the split is before you sign the contract. Here in NJ it is BOLD on our contracts so you can not miss it, but I am not sure how it is in Florida. Best of luck! ... more
0 votes 27 answers Share Flag
Thu Jun 13, 2013
Tommy Burris answered:
How long have you been overseas? Do you maintain U.S. credit?
What will you be doing when you get back?
Will you have the same line of work lined of here?

Tom Burris
Mortgage Banker
http://www.servicefirstmckinney.com/
(214) 763-4629 cell/text/nights/weekends(Really!!)
tburris@servicefirstmtg.com
Lending all across the entire Great State of Texas!!
NMLS# 335055
Search Dallas area MLS for FREE. No registration => http://www.ntreisinnovia.net/cgi-ntr/BR_login?0501134
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0 votes 16 answers Share Flag
Mon Dec 23, 2013
Joe Brooks answered:
It is never too early to start planning. 1st is to identify a trusted Realtor to work with. Next identify a lender to get prequalified or at least find out what you need to do to be prequalified before you look at homes. I would be glad to assist you anytime. Call or email me.
Joe Brooks
505 977 3474
joebrooksrealestate@gmail.com

Your real estate expert.
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0 votes 11 answers Share Flag
Sun Mar 17, 2013
Andrew Tisellano answered:
Hi

If you are making an offer to purchase, you do not need any proof to make the offer. once accepted the bank will require an appraisal. If you are buying cash then you should make sure you see the comparable sales from your realtor.

You should be working with a Realtor if you are buying. If it is in Passaic or any where in Northern Jersey contact me.

you need proof of funds or mortgage approval to make an offer if that is what you meant.
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0 votes 8 answers Share Flag
Wed Apr 17, 2013
Debra (Debbie) Rose answered:
it's simple really - instead of stressing out over all those questions you have ...........just find and work with a local agent........he or she can get you all the answers you need.
0 votes 8 answers Share Flag
Fri Apr 12, 2013
Robert Cronin answered:
VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy. VA Home Loans are provided by private lenders, such as banks and mortgage companies. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms. ... more
0 votes 8 answers Share Flag
Wed May 18, 2016
Rob Weil answered:
A negotiable percentage of the sales price, deducted from proceeds at the time of sale. Essentially, the seller pays this. They tend to be in the mid 1 digits. (4-6%) Depends on the broker, the needs of the client, and the prevailing rates of the market. ... more
0 votes 10 answers Share Flag
Fri May 17, 2013
Peter McNicholas answered:
Title insurance is a % of the purchase price. You will need to talk to a mortgage loan officer to get preapproved. Every ones situation is different. Based on income, debt and credit score. ... more
0 votes 6 answers Share Flag
Wed Feb 4, 2015
Shane Milne answered:
Steve,

It isn't a requirement that you find tenants, but if you want to use rental income to help you qualify then it's a requirement that there are tenants. The rental income can be considered without a prior landlord history if you use a Fannie Mae loan program or FHA financing (if you have a 2-year landlord history, then Freddie Mac loan programs will allow the rental income too)... 75% of the rental income (if Fannie or Freddie financing) or 85% (if FHA financing) can be used. FHA financing would only be for owner occupied properties though. You would need signed lease agreements and most likely receipt of the security deposit and/or 1st months rent.

Shane Milne | Lending in all 50 states | NMLS #81195
shane@thebesthomeloans | 949-273-4161 direct
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0 votes 12 answers Share Flag
Mon Mar 16, 2015
Lance King answered:
generally speaking, those are the kinds of things that will give you the most return on your money and add value. I would speak with a local experienced pro to get their take on how best to maximize value through improvements. ... more
0 votes 24 answers Share Flag
Wed Oct 16, 2013
Louis Wolfson answered:
Kay,

I guess it boils down to how bad you want the house and do you feel the cost of the improvements you would have to make still makes the house fairly priced compared to what else you have seen in the market.

Back to your question is it reasonable - yes it is reasonable especially where he is a contractor, he should be able to address the shingle issue.

As to the termite abatement is there still a warranty in effect? If not you may want to have a termite inspection and get your own warranty (100-200). Non working hot water? How does he presently get hot water? (new hot water storage 800 - 1000) Non working garage door openers (small ticket items) A/C compressor is it working (if so plan on replacing down the line)

Total including roof without compressor 2500 or less. compressor 2000 ish

So you could ask for a credit, but remember unless it is cash back at closing it will only be a small percentage if you are reducing the purchase price and financng it. ie 5000 cash vs 80% financing on purchase price equals cash savings of 1000

Good luck don't let 5k stand in the way of your dream house especially in this very competitive market presently.
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0 votes 7 answers Share Flag
Sun Feb 24, 2013
Gregory Touchstone answered:
Here I am.

Short sales are a special situation and depending if you intend to pay cash or finance will determine how much leverage you have on the price, but you must also consider how far below market it is already marked down and days on the Market.

The banks are pretty savvy but there are still ways to make things happen in your favor.

You can take a look at my recommendations and see that I have worked with Short Sales clients previously.

More questions ? ? ?

Gregory Touchstone
Keller Williams Realty
210-660-2834
... more
0 votes 6 answers Share Flag
Sun Mar 23, 2014
Emmanuel Xuereb answered:
Hey there, you can get a better estimate from escrow when you open, but I like to let my seller's know to expect about 7% to 7.5%.
Let me know if this helps.

Emmanuel Xuereb
360 Realty
323 559-9000
... more
0 votes 18 answers Share Flag
Wed Jun 29, 2016
Shannon Sherman answered:
There are always agents out there that are willing to negotiate their commission. But if you did a for sale by owner before in 2001 and 2005 then you should be able to do it today. Not much has changed as far as paperwork.

Another option is for you to list your home yourself but be willing to pay an agent a commission for bringing you a buyer. I have seen many for sale by owners advertise that "Buyers Agents are Welcome"
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0 votes 13 answers Share Flag
Sun Jun 9, 2013
Thomas Perkins answered:
This is condo conversion project; currently six of the ten listings are either short sales or bank owned. The location is good but I would advise you to study the financials fo the assocation carefully. I would be happy to help you with this or any other area where you have interest ... more
0 votes 8 answers Share Flag
Tue Nov 19, 2013
Blue Sky Home Group answered:
The home buying process can be long and stressful and right now its war in the market. Good properties are gone the same day they come on the market. So a good agent will know those properties and find you them either before they hit the market or immediately after. Our buyers services are free to the buyers and we get paid from the sellers. So why not use an agent. We get access to homes that you do not and our information is the most accurate. You really need an agent that knows the specific area well. I would be happy to show you why we are very good at our jobs. Good luck, fee free to call, email or check out our site. Free of charge and no pressure. 3035894591 jeff@bluesky-home.com www.bluesky-home.com ... more
0 votes 40 answers Share Flag
Fri Mar 15, 2013
Rodney Mason answered:
What is "quest " plumbing?

Unless you are doing an FHA 203K Renovation, HomePath Renovation, or HomeStyle Renovation loan, all properties must meet minimum property standards at the time of closing. This means that all utilities must be on and properly functioning along with their related systems.

Working with a knowledgeable and seasoned loan officer is critical in today's market. Getting Pre-Qualified is the only way for you to find out your options. To get Pre-Qualified for your purchase, you can submit your request online at www.rodneymason.com.

Regards,
Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
rodney.mason@prospectmtg.com
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of lending experience.

Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle® Renovation | VA | USDA | GA Dream | Jumbo Financing.
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