What can a real estate agent and broker require you to sign in a real estate deal?
Q. I am in escrow on some property in which the seller and his real estate agent were not very forthcoming in their disclosure statements. Through a third party I found out some things about the property that are detriments (such as occassional flooding) but I am willing to overlook them and still purchase the property. I have released all my contingencies and we have a close date set. My real estate agent happened to tell the seller's real estate agent that we found out some of these things on the property - most importantly about the flooding - and now the selling real estate agent wants me to sign a bunch of documents listing out what I found out as if she had told me about them. I don't want to do it - it took considerable effort… [cont.]
Asked by Lisa L - Fri Feb 16 19:53:46 2007 - - 4 Answers - 2 Comments

A. You have a legal and binding contract. all disclosures within the contract should be what the seller knows about the property. Now the other agent cannot FORCE you to sign anything. Basically what the agent is trying to do is cover his clients ass- if the selling side has a problem with it you can always take it before arbitration (see how they like that). Either way the selling agent is not within his rights to present other docs. for disclosures, nor do you let them off the hook. You will have no recourse if you do. Hope this helps.
Answered by sylviavnpttn - Fri Feb 16 21:02:13 2007

Which real estate companies are best for new agents?
Q. I'm planning on getting my real estate agents license in the next few weeks. I've heard that Century 21 and some other companies have their own courses. Is it better to attend their course or just a regular local real estate school. Also what companies are good for new agents. Any advice you can give is appreciated! Thanks! Oh and I'll be getting my license in Tenessee.
Asked by Ryan 1 - Mon Feb 23 19:50:01 2009 - - 4 Answers - 1 Comments

A. I am a real estate agent in Australia with my own independent office. I am not sure what courses are like through franchises, however, here, the courses with regular real estate schools are very good. When you are looking to find an agency to work for, consider the following: - do they regularly pay for training for their employees? what kind of training and how frequently? - does management get regular training and upgrade their knowledge on changes in legislation etc (here we have special annual education to attend to stay in the know) - what internal systems and procedures do they have that will assist people who are just starting out? for example, a good computer software and training resources in the office for when you get… [cont.]
Answered by Jaydee - Wed Feb 25 03:47:29 2009

Do Australian Real Estate Agents have the ability to cross reference a potential tenants previous addresses?
Q. For example, if a person listed three previous addresses with one Real Estate Agency, and the Real Estate Agency calls the previous listed Real Estate Agencies, (to check if they were a good tenant etc) can they also cross reference the listed addresses on the application? Is there like a national database or something where Real Estate Agents can see your rental living history? (Sorry if this question doesn't make much sense).
Asked by canberra.kitten - Sat Oct 10 03:19:58 2009 - - 3 Answers - 0 Comments

A. do you mean you are applying for a rental property, and your wondering if the agent your applying with will cross reference where you previously lived with agents who you previously rented with? the answer is yes agents can get a reference from your old agent to see if you paid your rent on time, if you were behind ect. hope this is what you were looking for :)
Answered by daniiela - Mon Oct 12 07:26:35 2009

How do you become a real estate underwriter? Or what is the best career choice in real estate?
Q. How do you become a real estate underwriter? Or what is the best career choice in real estate? As far as commission / salary?
Asked by Donald W - Tue Mar 24 01:59:12 2009 - - 1 Answers - 0 Comments

A.
Answered by Lucky Patel - Tue Mar 24 13:05:41 2009

How reputable are the real estate courses offered by real estate companies?
Q. I am interested in going into real estate when I finish college and have been looking around at schools. Century 21 offers their own course (3 weeks) and another real estate company offers one for 6 weeks while the community college offers one for 8 months that trains you how to appraise and broker as well as just getting your license to sell. Which program is best and what is the difference between being a real estate agent (seller) and a broker? The costs range from $600-$2500
Asked by operaphantom2003 - Mon Dec 29 13:36:33 2008 - - 3 Answers - 0 Comments

A. the broker hires agents under there license and get a cut of commissions. The agent does listing and sales and earns a commission
Answered by golferwhoworks - Mon Dec 29 13:41:15 2008

Who pays the real estate agent when a foreclosed home is purchased?
Q. We are looking to buy a house. We found a real estate agent before we found the house we really want. It's a foreclosed home. How does the real estate agent get paid?
Asked by sjsteelemoon - Fri Feb 15 11:35:56 2008 - - 5 Answers - 1 Comments

A. The seller, in this case the lender, pays the agents.
Answered by godged - Fri Feb 15 13:08:56 2008

Can you gain your real estate license from the internet and sell real estate in Tenn?
Q. I called a real estate company and i didnt ask that question but looked at gaining my real estate license from internet. I know real estate, i have 7 homes that i rent out, but unsure about the truth about online colleges. Please help. Thank you.
Asked by mountain_bike300 - Tue Jul 1 01:59:22 2008 - - 1 Answers - 2 Comments

A.
Answered by J. P. - Tue Jul 1 10:41:48 2008

Does becoming a licensed real estate agent/broker before buying your home save you money?
Q. I am planning to buy a home around $700K in New York City. I'm wondering if I will save any money by becoming a licensed real estate agent/broker (I realize I have to take the test and pass) and then purchasing the home for myself. I would think that by doing this, I would save the broker commission that I would otherwise be paying another real estate agent/broker. Is this a valid assumption? Please provide any information about this. Thanks a lot.
Asked by eldhose98 - Mon Aug 17 11:38:19 2009 - - 4 Answers - 0 Comments

A. The last person that answered and said it is not possible to collect a commission if you are the principle is incorrect. They may want to check their source. I am an active real estate agent. I have bought 2 homes that were my primary residence in the last 7 years. Each time I represented myself as the buyer's real estate agent. Each time I deducted my commission from the price of the home because that is how I wanted to get paid. But I had the option to get paid the normal 3% as the buyer's agent and have that money go through my broker and their commission split to be taken out. So in order to avoid all that, most brokers allow their agents to have at least 1 personal transaction in order to benefit from it. Maybe things are… [cont.]
Answered by Dana - Mon Aug 17 23:48:47 2009

What real estate companies hire people with no experience, and help to get there License for free?
Q. I want to get my real estate licenses, but I don't have time to go to school. I would rather work for a company that will train me. If not, how do I go about getting my licenses in the least amount of time as possible?
Asked by RichardT - Sun Nov 2 16:17:53 2008 - - 1 Answers - 2 Comments

A. Century 21 has always offered this. (i don't work there)..
Answered by Ed Atun - Mon Nov 3 09:37:55 2008

What should I do to become a real estate developer or investor?
Q. Im a senior in high school and plan on going to a community college for 2 yrs.and then 2yrs. at a university and major in bussiness administraion. I think while Im doing that I should intern for a big real estate place like Remax or something because I would like to learn the different areas of real estate like being an agent or flipping houses.I don't know if I should go to Real Estate school after college or what.Any suggestions on what I should do?
Asked by gradin_2007 - Thu Dec 21 16:45:39 2006 - - 2 Answers - 0 Comments

A. I recently graduated college and I am employed as a commercial real estate appraiser. It is pretty funny; I went to a community college for my Associates and went 2 more years to a university for business as well. I think working in any aspect of real estate is good especially for you and your age. I think working for a brokerage is good because money is not a big object yet and you can work part-time as you go to school. Also, you will get a feel of the business and you will see the different avenues it can take you such as sales, financing, construction, appraisal, commercial/residential investing etc. As an agent you will be exposed to different dimensions of the business. My suggestion is to find yourself while you are in community… [cont.]
Answered by tianaramal - Thu Dec 21 19:12:42 2006

Where can I find a good, aggressive real estate agent who specializes with investors?
Q. I am a real estate investor and am looking for a experienced real estate agent as well as a real estate broker who specializes with investors. Can anyone please tell me how to find one, I have googled, ect and haven't come up with much. Thank you.
Asked by Fergy - Fri Mar 21 22:59:39 2008 - - 6 Answers - 0 Comments

A. You have to join a real estate investment group and be active! In your areqm there may be a landlord association or a real estate investment group. Its up to you to do your homework. You cuold call a few offices to make an appointment to look at some property OR tqke one or two out to breakfast or lunch. OR you could go for a little ride in your neighborhood or area. Look for complexes and the names of those offices managing them. Thanks for asking your Q! I enjoyed answering it! VTY, Ron Berue Yes, that is my real last name!
Answered by Ron Berue - Fri Mar 21 23:31:44 2008

How hard is it to get into real estate? How do you become a certified real estate agent?
Q. I was interested in the real estate field. What steaps do i have to take to become a real estate agent?
Asked by startrak_06 - Tue Jul 15 19:43:22 2008 - - 7 Answers - 0 Comments

A. study and pass the state test
Answered by betotron don - Tue Jul 15 20:12:38 2008

How many real estate agents currently work in Ontario?
Q. I need to know how many real estate agents are currently working in Ontario year 2008. Can anyone give me precise stats on this?
Asked by agent.markpang - Mon Dec 1 01:28:48 2008 - - 2 Answers - 0 Comments

A. 7 the rest are just showing houses.
Answered by shipwreck - Mon Dec 1 02:52:40 2008

How many real estate brokers should I talk to?
Q. I will be buying a house in the next six months. I have a couple of real estate brokers who have been recommended by family friends and colleagues. How many real estate brokers should I be talking to?
Asked by MR4444 - Wed Jan 17 04:12:48 2007 - - 4 Answers - 0 Comments

A. A couple is good, and if they have been referred to you as good ones, all the better. Just use those 2, let them work for your business. Competition never hurt anyone. Good Luck!
Answered by Barbara - Wed Jan 17 06:28:27 2007

How do real estate agencies keep track of their property signs?
Q. I'm seventeen years old and have just been hired by a real estate agency to create a simple system to keep track of their property signs. If you have any experience in real estate your help would be greatly appreciated. I'm thinking about numbering all the signs with a sticker or something.
Asked by Ricky - Thu Aug 27 11:12:30 2009 - - 5 Answers - 0 Comments

A. Where I am they have third party services. Those things are big, bulkly, and require a post hole digger to put up. most agents are not inclined to either store or post their own signs.
Answered by Landlord - Thu Aug 27 13:52:13 2009

What is the difference between a real estate investor and a real estate agent?
Q. In other words, not the traditional way that real estate is transacted.
Asked by Frank H - Mon Aug 14 19:26:37 2006 - - 4 Answers - 0 Comments

A. Real estate investors come in many varieties. There are different ways to invest in real estate. The investor may be a singular individual or a group of investors that pool their money together. One investment may be to purchase fixer-upper homes, quickly remodel them and then sell them at a significant profit, splitting the profits between the investors...or...re-inves ting the profits in doing the same thing again and again. Another investment may be to provide high interest loans to people wanting to purchase a home or refinance. Another invesment may be to purchase raw land, prepare it for development and then sell it to a developer for a handsome profit. There are really so many investment techniques. But the goal is the same.… [cont.]
Answered by nothing - Mon Aug 14 20:52:17 2006

What is the difference between a Real Estate associate and a broker?
Q. I was looking into obtaining a real estate lisence in Florida. Where are some good websites or places to get my license? And what is the difference in a real estate associate and a broker? Which license should i go for? Any tips for me that would be helpful
Asked by bribri - Fri Jul 20 00:00:09 2007 - - 2 Answers - 0 Comments

A. In my state (TX) the terms are Broker and Salesman. But obviously Salesman and Associate are the same thing. The one who holds the Broker license is the one who has primary responsibility for the agency. A salesman works under and is sponsored by the broker. Although a salesman can take a listing or sell a home, he/she does so in the name of the broker. If a salesman decides he wants to work for a different broker at another agency he usually cannot take the listing with him, unless the broker has agreed to allow him to do this. Both the broker and the salesman MUST be licensed in the state in which the agency is domiciled. Obviously you will want to become affiliated with a broker who will then sponsor you for the state board exam. … [cont.]
Answered by doncunn8 - Fri Jul 20 00:17:59 2007

How can we go about changing real estate agents if possible?
Q. My real estate agent works with the construction company that built our home. We are doing a rent to own deal. We have learned that our real estate agent is very undependable. She hardly answers her phone and if we leave a message she doesn't respond back. Is there a way we could change realtors?
Asked by Mom of Two - Sat Oct 3 17:24:10 2009 - - 2 Answers - 1 Comments

A. Probably not. You could talk with her tell that your are unhappy with her and plan to file a formal complaint. She might be willing to release you. It is a lot of hassle for her to respond do a formal complaint, she might even loose her licence.
Answered by Judgment CARE - Sat Oct 3 17:28:47 2009

How do average real estate prices relate to the interest rate cycle?
Q. In other words, I am asking whether higher interest rates cause real estate prices to be lower or higher, and if a generalization can be made.
Asked by erinyes1000 - Tue Oct 16 19:44:37 2007 - - 4 Answers - 0 Comments

A. interest rates are the cost to borrow money, so as rates go up ,affordability goes down. when a market is slow for sellers sometimes an increase in rates will inspire a buyer on the sideline to commit so they arent priced out of market. but too many rises now cause the seller to have to decide if they should lower thier price to entice buyers. if they cannot afford to lower their bottom line then they may decide to sell later when the market may favor a higher price . in a mkt where rates are going down, there is more opportunity to buy and sell,but people sometimes wait for a bottom in the mkts prices causing the seller another decision to lower price., thats when inventory on mkt becomes a driver in decision, if you wait you can lose… [cont.]
Answered by crazy b - Tue Oct 16 20:05:13 2007

Why is it that a Real Estate Mogul never becomes the richest man on Earth?
Q. Real Estate is always one of the MOST profitable business in town. During recessions real estate is doing bad, however otherwise, if you know how to do it, then it is very profitable. So why don't we ever see a real estate mogul become the richest man?
Asked by GuRu - Thu Aug 27 13:51:24 2009 - - 2 Answers - 0 Comments

A. In the past most people became rich by owning and controlling natural resources. But thats been changing for a few decades. Many have become rich by owning the rights to intangible assets.
Answered by jeff410 - Thu Aug 27 14:17:29 2009