How do i know that my realtor’s license is valid?

March 4, 2010 - 3:25 pm No Comments

are there any websites where i can check?
im buying my house in California!

Look up the Department of Real Estate (DRE) for your state and do a search on "license status check". It’s public information.

Here’s the link to the California DRE’s license status lookup form as an example:

http://www2.dre.ca.gov/PublicASP/pplinfo.asp

What if I get an offer after my realtor listing contract has expired?

March 4, 2010 - 3:25 pm 8 Comments

Our listing contract expired Jan 31. I know that my contract said that for one month longer my realtor would get the commission if one of her contacts purchased our home.
But what if we get an offer from someone she hasn’t been involved with?
Also, her sign is still on our lawn and our home is still on the MLS and her website.
Thanks!

it depends…if you list with someone else after your listing expires, you will owe realtor #1 nothing if the buyer wasn’t brought to your home by him/her (in Massachusetts). I can’t speak for CA law though.

Indiana REALTOR real estate MLS Question regarding exclusions -?

March 4, 2010 - 3:25 pm 3 Comments

Just wondering, our realtor (we like him, we really do) told us that the exclusion list that we provide him with – names of just a few people that have seen the house ‘by owner’ and are somewhat interest, is ony good for 7 or 10 days (he couldn’t remember whether it was 7 or 10). That means that these people need to make a contract on our home within seven to ten days of our signing up with him otherwise we have to pay him a commission. I have never heard this before – it seems a bit unfair because it often takes people more than 7-10 days to decide about a home yet we brought them in by owner and he would get a commission is they go past that time. Does anyone know about this ‘rule’ and is it really true??? We are in IN.
Thanks!

There is no rule. The timeframe is negotiable (maybe his broker has an office policy?).
Tell him that the exclusion is for the duration of the listing agreement.

what else a real estate agent can do other than working as a Realtor?

March 4, 2010 - 3:25 pm 3 Comments

Hi,
I have done real estate salesperson course got liscenced, but I cant do write know a salesperson agent work because of a time constrain, i have a small baby n salesperson has to go on showing in the evening and in weekends, where no day cares available.
Please advice I need something in related field and office job morning hours when I can leave my baby in day care.

The Real Estate lic. is really good for nothing other than selling real estate. If you have been doing it a while and have a good track record in sales then there are lots of jobs.

Are there any listings from realtors that have houses that are for rent in the Huntsville Alabama area?

March 4, 2010 - 3:25 pm 1 Comment

Which has 3 to 4 bedrooms and 2 baths at least . And if they accept Section 8 Vouchers

Try these realtors !

http://www.rehsv.com/index.html

http://www.rentalsearchers.com/home/huntsville.html

http://www.homes.com/Real_Estate/AL/City/HUNTSVILLE/Type/%20/Total/78/Page/25

I hope this helps.

Good Luck.

<<<<<<<<>>>>>>>>>

When a Realtor sells a house and they get a 6 percent commission and they are the listing and selling agent,?

March 4, 2010 - 3:24 pm 6 Comments

how much of that 6 percent goes to their boss, say ReMax, Coldwell Banker, etc? What if they split the commission 3% with another realator. What would that realtors brokerage firm get?

The brokerage firm typically gets 50% of all the money their agents make – regardless of the breakdown as sellers agent, buyers agent, or dual agent. It’s also not unusual for newbies to have to pay additional fees to their broker in addition to the 50% such as document storage fees, advertising fees, rent, etc. But everything in real estate is negotiable and experienced top producers can usually negotiate lower fees to their broker.

How can I become a realtor in California?

March 4, 2010 - 3:24 pm 3 Comments

I’m moving to California in about 7 months. I’d really like to get my realtor liscense but, I’m not sure how to go about it. I don’t have any experience and I’m not liscensed in any state yet. I’m a good sales men and I think I’d be really good at it. What all goes into becoming a realtor in California. I will most likely be living in the San Diego or Orange County area.

You have to take a course, pass a background check and successfully pass the test. This is a tough market to start in, but if you sign up with a good agency that has great training and mentorship, you can do it.

Can a realtor help find homes for rent?

March 4, 2010 - 3:24 pm 4 Comments

I live in Orlando and am having a hard time finding a house for rent. I was just wondering if realtors can help find rental properties? Does that come with a fee? Can i contact just any realtor? I have no idea about this stuff.
thanks

Yes, many realtors are hired by the owner to take care of the property management. As for the fee, that is up to the realtor. I would open the phone book and start dialing. The first question to ask is "Do you handle rental property?"

When renting a home who pays the realtors?

March 4, 2010 - 3:24 pm 3 Comments

My husband and I are renting a home using an agent for the first time and are being told to pay the realtors fees for both agents (half months rent for each) and I don’t know if this is how it is done. I know that when purchasing a home it is the seller that pays the fees so this does not make sense to me.

It depends on your agreement with the realtor and what property they find you. Most agreements that you will sign with a Realtor state that they are owed a certain amount or percentage of the price when a deal is closed. If a seller pays some of that (which they do if they are working with a Realtor) you only have to make up the difference. I have never heard of a buyer having to pay a selling agent anything, but as in everything, its negotiable and the agent should have told you this before showing you the property.

Top 10 Real Estate Web 2.0 Web Sites

March 2, 2010 - 8:10 pm 1 Comment

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2.Another well-liked online Top 10 Real Estate Web 2.0 site platform aiding consumers locate their new residences is Trulia at which facilitates them to make the best decisions for property investments. MLS or multiple listing services and professional websites provide data to Top 10 Real Estate Web 2.0 site Trulia, and information on listings of residential properties. Also information on schools and neighborhoods in any specific locality is provided by Trulia. Google Maps to locate homes is used by Trulia. Googles Heat Maps provides a virtual view of the neighborhood of the house to the consumers. It uses statistical tools to show different trends and patterns in property prices. The search procedure for houses in Trulia is very straight-forward and convenient, Making it a Top 10 Real Estate Web 2.0 site

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