If you are talking earnest money, most real estate agents give you a copy of the check along with the earnest money agreement. If you are talking actual down payment when you close, that is the function of the title company.
I’m really interested in this property to rent but it’s about $20 a week over my budget I think they are also having trouble renting the property as there are desperately perusing me.
You can always ask, but I have NEVER seen or heard of the price of a rental property dropping just due to a potential tenant’s request that it is over his/her budget.
If they are having trouble renting the property (and you realistically have another acceptable option if they refuse to lower the rent), then you might have more leverage. But you also might want to ask yourself WHY they are having trouble renting the property. Perhaps there is something other than the price that makes it undesirable to other potential tenants?
yes, they should be giving you a receipt. you should also be using a bank check as well, not a personal one.
Ok so I’m only 14 but I would like to follow a career as a realestate agent. I have a family friend how is a realestate agent but haven’t seen her for a while so I have not been able to ask her for a while.
So I would like to know how much they make?
I’m pretty sure that they would get 5% of every house they sell, is that true.
And what does a realestate agent really do…
Real estate agents enter the profession from all walks of life. Some become a real estate agent for the money, while others are attracted to the glamor, excitement and challenges of selling property. For many, a real estate career offers the opportunity to be your own boss, and that reason is a motivating factor for those who want to get out from under the thumb of corporate America.
How Much Does an Average Real Estate Agent Earn?
Most first-year real estate agents earn very little, primarily because they are struggling to learn the business while they build a client base. As the years go by, agents can rely on referrals from satisfied clients to continue building their business.
According to Salary.com, most real estate agents earn on average between $34,000 and $45,000 annually.
How much agents make depends on the number of transactions they complete, the commission paid to the brokerage and their split with the sponsoring broker.
———I’m glad i answered your question and hoping that this will be a great help to you…good Luck !!
not sure how i should approach the situation if its wise to rent directly through owner? Any info, tips or experiences would be much appreciated. Am going to arrange to inspect but not sure what i should and shouldnt ask, how do i know they are decent people as the granny flat is attached to the house. Any tips please! Its for me and my daughter so i want to make sure its safe.
Make sure you get a receipt for every payment you make and keep it.
Legally if you pay a bond the landlord must submit it to the State Rental Bond board which is usually part of the Dept of Fair Trading in your State.
Not that it really matters though,as long as you get a receipt for any payments you make to him.
Obviously check to see if the place is clean,check to see what sort of people the owners are,is there beer cans lying around etc.
Do they look ok,does the surroundings look ok.
Do they have pets that could disturb you,big dogs etc.
Is there enough privacy for you and your daughter ?
Look at where the windows are,is there curtains,where are the windows facing?
If you have a car,where can you park it?
Ask if there is a bond ?
How about rent,how many weeks in advance ?
Do they want you to sign a lease,then in that case your bond must be submitted to the State rental board.
How long notice do you have to give to move out ?
Is the electrcity a separate bill ?
Is there any other expenses or just the rent ?
Where is the laundry ?
What about clothes line?
Now,if you pay a bond,usually 4 weeks rent,then you should note and get the owner to sign it,ANY damage ,such as stains on carpets,etc.
Having said all that,its far better you go with a polite friendly attitude rather than be distrustful of them,because they are probaly sussing you out more and more worried who they are going to get living behind there house.
we were told it was stick built, today at the assessors office we find out its been placed in 1992, placed? we were told it was stick built? what can we do, its not energy efficennt like we believed a home in 1996 would be, we have done aton of work to this property, what can we expect? called attorney, is he good?
Did you get an appraisal and a building inspection? If you did, they would have easily discovered it.
If you didn’t, then that’s your fault.
Contracts don’t require that type of disclosure if the house was moved from another location.
Technically, it WAS stick built…just not where it is now.
With the housing market being so bad I see daily homes that should be listing for 99 to 125.000 being listed for 175.000 and the agent say well we will just come down. Well in a market that had supply and demand when the suppy is low you can demand but our market is reversed at the present time.
mike
noteliquidator.net
Buyers always want to negotiate down. So, if a seller lists his home higher than those around it and/or higher than what he actually really wants, he can afford to negotiate down and still get the amount of profit from the sale that he desires.
Also, in this market there are so many sellers that are having to short-sale their homes. They owe more than what the home is worth (and what others around them are worth), so they price high, hoping they can eke out every penny they can so that the gap when they sell is as small as possible.
Then there are foreclosures. Banks price foreclosures low, in order to get them to sell quickly, and there are tons of them now. The low price of a foreclosure can make a house next door that’s actually priced appropriately look as though it’s priced high.
Some sellers can afford to price their homes high and wait for them to sell, while others are desperate to get out and will take whatever they can get – whether it’s a fair price or not.
And also, it has a lot to do with how much the seller really knows about real estate. A seller that doesn’t know anything is likely to take the advice of the realtor. The realtor is also going to suggest the highest price possible in order to get a bigger commission.
Working in real estate requires hard work and dedication, but offers flexibility, freedom, and the satisfaction of building your own career.
Duration : 0:1:24
http://YourMississaugaRealEstateGuide.com Looking to buy or sell a home? Well you’re probably going to contact a real estate agent soon. Our free guide lists 10 questions you should ask them before hiring them.
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Duration : 0:2:6
How to get a real estate agent to help you sell your for sale by owner home without having to worry about commissions.
Duration : 0:2:52