Posted April 18th, 2010
by admin
Shaina asked: I need to move into a city atmosphere for a new job and I’ve noticed that every business/store has several apartments above it. I am curious as to how you contact a realtor/broker about these areas. I’m also assuming that most of these apartments are cheaper than renting from an actual apartment complex…please correct me if I’m wrong! Thank you for your help!
Tags: Apartment Complex, City Atmosphere, Contact
Posted in Renting & Real Estate | 2 Comments »
Posted April 4th, 2010
by admin
creeese asked: I know in some states you’re required to work for 2 years as a salesperson before being “allowed” to become a broker. In Illinois, is it possible to skip the whole sponsoring thing and go directly from getting a sales license to taking classes for a broker’s license?
Can your first EVER interview with a real estate firm be as a licensed broker, or are you forced to start at the bottom?
Tags: Broker License, Real Estate Firm, Sales License
Posted in Renting & Real Estate | 2 Comments »
Posted April 4th, 2010
by admin
Sam B asked: What are the “standard” real estate broker fee percentages in Colorado for vacant land or existing homes? Are these set by law, or can they vary from realtor to realtor?
Tags: Colorado Land, Percentages, Real Estate Broker
Posted in Renting & Real Estate | 2 Comments »
Posted April 4th, 2010
by admin
Ash asked: If I sold my house myself for $200,000 without getting a real estate agent to seel it but the buyer has a real estate agent, how much or what percent would I have to pay to the buyers broker?
Tags: Buyer Agent, Buyers Broker, Real Estate Agent
Posted in Renting & Real Estate | 1 Comment »
Posted March 21st, 2010
by admin
wirelessforless2000 asked: What is the easiest way to make money as a real estate broker in ILLINOIS?
Tags: Money Broker, Real Estate Broker, Way To Make Money
Posted in Renting & Real Estate | 4 Comments »
Posted March 11th, 2010
by admin
act1withme_2000 asked: After the sale of a home, let’s say a real estate company gets 3%. What percentage of that 3% does the agent typically get from the broker if the agent made the sale? This should be answered preferably by an agent, and in California if that makes a difference! What would be an ideal percentage of that 3% for new agents, and when should an agent get a raise?
Tags: Ideal, Real Estate Agents, Real Estate Company
Posted in Renting & Real Estate | 4 Comments »
Posted March 7th, 2010
by admin
Kiki asked: Is a certain amount of coursework required before taking the test to become licensed? Must you get your agent’s license before you get your broker’s license? Thank you for your help.
Tags: Broker License, Licensed Real Estate, Real Estate Broker
Posted in Renting & Real Estate | 1 Comment »
Posted March 7th, 2010
by admin
Ignacio H asked: The broker that I spoke with today quoted a 7.125% rate that seems pretty high. He is also charging a 1% origination fee. Am I getting ripped off here?
Tags: Loan Broker, Mortgage Broker, Yield Spread Premium
Posted in Renting & Real Estate | 3 Comments »
Posted February 28th, 2010
by admin
Neil V asked: Hi All,
When buyer is required by the seller to “assume seller’s mortgage” as part of the purchase, does it mean buyer does not need a mortgage broker to complete the transaction? will the RE agents take care, in this case, of the communication with the SELLER’S BANK regarding the assumable mortgage?
THANKS.
Tags: Business Buyer, Mortgage Buyer, Rental Business
Posted in Renting & Real Estate | 3 Comments »
Posted January 18th, 2010
by admin
Kat asked: I saw the cutest apartment for the right price. I called up the person on the listing and he says I have to pay, 1 month’s rent, the same amount for the deposit, and the same amount for a “brokers fee”. To my knowledge, broker’s fee is something like a fixed commission for his services, so why is he asking for so much?
Tags: Lease Apartment, Real Estate Broker, Rent
Posted in Renting & Real Estate | 8 Comments »
