When i become a real estate agent, can I list my own house for sell and not paying commision?
362259
Yes, however in order to completely get out of paying any real estate commission, you would need to sell as "sale by owner" and not offer real estate commission when advertised.\n\nOtherwise, if you list your home in the standard listing service for your area, you would only pay half of the commission you normally would.
339663
As long as you are genuinely seeking to start your search over, and not purchase a home the agent has brought to your attention it should not be an issue.\n\nA simple written request will satisfy the termination clause in the Exclusive Buyer Brokerage agreement, used in the State of Florida, that I use with my clients.\n\nYour state may be different, and you may want to speak with an attorney.\n\nHowever, as a Realtor, I would much rather be told that a client wants a change. This frees up time for other clients, with whom I may have a better relationship.
1168042
When signing an agreement to list and sell a property, both parties need to adhere to some very strict guidelines.\n\nThe Lister (you) need to be sure to state in writing what you are including in the purchase price and that the property is in mortgage to whatever lender you have. All liens and encumbrances must be stated on the agreement to sell, but need not be printed for consumers to view.\n\nThe seller (agent)  has agreed to list and sell your property for an agreed price set primarily by you. For his services, you agree to pay a certain per centage of the sale price in commission. That being said, the agent has agreed to selling the property at the price listed for the commission states. If he brings offers less then what you have asked for, there is no set commission stated, thus you are now playing a new game of commission on the sales. That can be limited into the writing within the listing documents. It may say the commission is to be a certain percentage of the "sale" price, and not just the listing price.\n\nThreshold rights, are what Realtors term as protection against you selling the property to someone that they have introduced to the property. That means that they need to actually take the person to the listed property and show them the home and what the property consists of. Failure by them (agent) in taking the client through the property and actually showing the entire property illiminates them from any claim on commission "IF" the client comes to you "after" the listing has expired.\n\nIf you cancel the listing prior to the expiry date of said property, you can not turn around and sell it on your own without some form of action by your agent for a share of commission.\n\nMost realtors will tell you that you need to list your property for 90 days, which is not the actual truth. Case in point would be that if you listed your property today for 90 days and it sold tomorrow and the new purchaser moved in right away, then it would not be listed for the remaining 88 days. Thus what they have told you is false, just as the statement you must list that long. My suggestion to anyone when listing a property is to list it for no more then 30 days, that way, if your agent fails to do any action to secure a decent offer, then you can replace him with a new one upon the expiry of the listing. If a realtor comes to you with a claim of an interested party and your property is not listed, then never sign into any listing agreement that surpasses 48 hours.That is ample time to have an agent show the so called prospective buyer your property and secure an offer. Lots of realtors use that line on individuals only to secure listings. Their claim of an interested party is more often then not, a crock.
592961
Also depends on what they are Selling.  Since most realtors are compensated on a commision basis if you sell more expensive property you will recieve a higher commision.  For more information on reality check out the association website:
426496
You will need a WILL, beacuse you'll be dead meat. Do not sell with out a realtor or at least talking to an agent. Most agent would be glad to set you up with paper work and review it for no charge or a small fee in hopes for you doing business with them. Or pay more and talk to an attorney.
572138
I think what you are asking is: If you go directly to the brokerage company, or property management company, do you pay an extra commission?  No.  You sign the lease and pay the monthly rent each month.  Before you move in, you also pay the security deposit, an extra deposit if you have pets, maybe a charge for the credit check, a key deposit if it's required, and the last month's rent if it's required.  While it is not legal to pay the selling commission directly to you because you are not licensed, you may be offered move-in incentives, more flexible terms, or other discounts (where legal) if there is no selling commission to be paid to a selling Realtor.\n\nIf you use a Realtor, he may ask you to pay his commission, or he may be paid by the brokerage company, or he may ask both of you to pay him a fee.  If the brokerage pays his commission, and he is happy with that, then you do not owe any extra.  Many times, property managers cooperate with Realtors, many times they don't.\n\nIf the brokerage company lists the rental in multiple listing, your Realtor will know the commission the brokerage company is offering before he contacts them.\n\nA Realtor you hire as your agent in a lease may be able to negotiate terms of the lease in your favor, especially if it is a unique, or complicated rental situation, or you are looking for a long term rental of say 5 years or more.  If you are planning on sub-letting, that usually must be added to a standard lease. You may want a certain structure to your yearly rent increases.  You may not want to make equal rent payments every month. You may want a certain agreement written into the lease regarding maintenance or repairs or improvements to the property, for example, who will be responsible for lawn care and snow removal, or can you have a garden area, or put up a fence, or put up a storage shed.  Maybe you need something modified so it is more accessible to the handicapped.  You will also want to be clear on what pets you are allowed to keep, or whether you allowed to smoke if you wish.  You may even need to make changes regarding how many people are allowed to stay with you.\n\nIf you go to the brokerage company on your own, take time to thoroughly read everything in the lease before you sign it.  If you have issues with certain provisions of the lease, you are always free to try to have them changed to your satisfaction.  \n\nOne way to negotiate rent payments: You tell the brokerage company what you want, and tell them to rewrite the lease before you sign it.  Another way would be: You sign the lease you are given but you would cross out the yearly rental amount you don't like and write in the amount you want.  Then you would change the monthly rent payment in the same way, and initial both changes.  Another way to negotiate the rent: You cross out the entire clause regarding the rent, type up a new rental clause and make it part of your counter-offer, then sign the lease, and initial your new rental clause.  You will also want a time limit which forces the landlord or his agent to consider your changes within a certain amount of time, like 5 days, otherwise your counter-offer is no longer valid.\n\nAnd for your protection, always have an attorney review the original lease, as well as your counter-offer, before you sign or present it, or give a deposit to the brokerage company.
721985
That is normally not a big deal.  Just tell the Realtor when going in what you are doing.  They would appreciate that greatly...
701293
I wouldn't imagine you have much legal recourse. Commission is stipulated in the listing agreement and then the buyer's agents commissions should be regulated through your MLS.  Therefore, I would imagine whatever was stated in your mls at the time of offer/acceptance would stand. \n\nThe more and more I deal in real estate the less trustworthy it seems to get. Good Luck
1057457
The only way you can get access to MLS listings is through a Realtor. The MLS is funded by Realtors with the purpose of sharing information with other Realtors regarding available properties. This is how we service our clients. It sounds to me like you are not clear on what an agents role is. Let me explain:\n\nWhen you see a home for sale and you call the agent who's name is on the sign, that agent is working exclusively for the SELLER. Their job is to represent the sellers and protect the sellers interests only, not yours. You are on your own. Its up to you to make sure you are not over-paying, not to mention all the legal liabilities that go with it. In other words, you have nobody protecting your interests.\n\nNow, if you are thinking about buying a home and contact a Realtor who specializes in servicing buyers, they will be able to show you all the properties that are available within your criteria, check current market conditions to make sure you don't over-pay, and handle all of the legal aspects and make sure you are protected in the transaction. In most cases, the buyer's agents fee is paid for by the seller, so it costs you absolutely nothing. Doesn't it make sense to use a Realtor?\n\nIf you are concerned about an agent hounding or pressuring you, just let them know up-front that right now you just want to look and most Realtors would be happy to mail or e-mail MLS listings to you with no obligation.\n\nHope that answers your question and Good Luck!!\n\nBTW, Realtor.com does not have EVERY home listed in the MLS, just the ones where the real estate companies pay for that website.
1056913
You can easily terminate the agreement.  Check your contract for your liability for any expenses though.  But, after a week, the realtor probably hasn't done much more than put a sign in your yard and listed it in the MLS.  Hopefully he's not a short-sighted realtor, shouln't charge you a dime especially because your circumstances have changed.  Now, if you were switching to another realtor........that's a whole 'nother story.
984560
You create a contract for deed, and she pays you like any other bank, you pay your mortgage.\n\nMost mortgages have a "due on sale" clause, which means that if they find out you have sold your home, they can call the mortgage due.  So be careful.  If it's paid on time, may not be a problem.  If you don't record your contract, they may not find out.  But it is a potential risk.\n\nYou should contact a real estate attorney to advise you and handle the documents and the sale.  Gather up your mortgage documents from when you did your last closing and bring them to the attorney.
1083581
You can get a good answer to this from the real estate forum here: http://www.homefindinginfo.com/realestateforum/default.asp\n\nPost your question and an agent who just dealt with this situation will answer it for you.
432517
Usually they do. In Arizona a listing contract is required to have a start and end date, you need to read yours.  There should also be a clause to cancel the contract as well.\n\nThe main thing that you should do is talk to your agent and express your concerns.
619374
I wouldn't For Sale by Owner if I were you (unless you happen to be a license Realtor).  For Sale by Owner's only work 18% of the time - most just prolong the time it takes to sell their home, then end up hiring a Realtor anyways.
225320
Tell you agent that you would like to take it off the market. Offer to pay the expenses they have incurred. If they are a quality firm and agent they will let you go. They should realize that you will come back to them when you are ready. It should not be worth it to them to keep you in the contract. However, they are entitled to the commission if they bring you a buyer who meets all the requirements and you refuse to sell.\n\nNegotiate.
163566
As a real estate broker, my 1st advice would be to hire a licensed Realtor to list it on the net.  Otherwise, try other For Sale By Owner websites.  Be careful b/c that is NOT the best method.
385421
They are not salaried.  The work on commissions only, so it depends how many deals you close, representing either the Seller or Buyer, how much the properties are selling for, how much commission the Seller is paying on the sale, and what your deal is with your Real Estate Broker (employer) who keeps a certain portion of the commission.  You only get paid when you close a deal.