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Confused about real estate commissions? You're not alone. Here are some answers to a few of your most common questions. There’s no question a good real estate agent can be a valuable resource when it comes to buying or selling a home. But how much is that help going to cost? First of all, if...
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Choose a reputable agent to protect yourself from commission shenanigans Realty commissions are among the best-kept secrets in home sales, perhaps because the subject is akin to asking brokers and agents how much money they make and, like most people, they consider their own income to be a private matter...
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Buying a home without a real estate agent doesn't necessarily mean you'll save a bundle. Many home buyers believe they can negotiate a discount off the price of the home they want to purchase if they forgo the services of a real estate agent and instead contact the seller’s realty agent...
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Commissions are divided between brokers, then again between brokers and agents. Home buyers rarely concern themselves with how real estate agents get paid for their services. Yet it behooves buyers to take an interest in this subject since the money they bring to the deal is used to pay the brokers’...
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Real Estate Broker's Insider, Jeff Ostrowski, May 2009 issue RealEstate.com, Realtors is the rare brokerage that closed more deals and generated more commissions in the fourth quarter of 2008 than in the fourth quarter of 2007. The company says its closings spiked 55 percent over the year as RealEstate...
by
Bru5W
on
May 15 2009, 02:08 PM
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Should one brokerage company or one agent represent both you and the seller of the house you want to buy? Real estate brokerage commissions are one of the most mysterious aspects of buying a home. Yet it’s nonetheless important for prospective buyers to try to make sense of the commission system...
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Q: I'm about to put my home on the market. What factors should I consider when I'm evaluating sales offers? A: Obviously, you want to get a good price. But the closing date and other conditions can be just as important. Sometimes a lower price with fewer restrictions can be a better deal. Here...
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Expect to pay for commissions, inspections, insurance, taxes and other items. Many home buyers and sellers are mystified by the long list of expenses associated with buying or selling a home. Items like title insurance, recording fees and doc stamps may be especially unfamiliar to first-time buyers....
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Sure you want to get a good price for your home, but there are other factors to consider when evaluating offers. Sometimes when you’re selling your home, you’re better off accepting a lower bid with fewer conditions than a higher offer with a lot of strings attached. Ask your agent for advice...
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What you need to know about closing on a home At closing, you take possession -- and responsibility -- of your new home. However, there are many steps along the way. Here’s what to expect: Purchase Offer After you’ve looked around and found a house or condo you like, it’s time to make...