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How much commission?
Commission cash
Everyone wants to pay as little real estate commission as possible, because more money in your pocket means a better house when you buy, or a bigger deposit to make your offer to purchase more attractive, or smaller monthly payments on a smaller mortgage loan, or better curtains for the new home, or a million other things, really. And every real estate agent wants to get paid as much commission as possible, because that is their livelihood – their bread and butter, their lunch money, the food from their children’s mouths… and their Mercedes Benz payments.
So how much commission should be paid? See more How much commission? »
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Buyer Beware: Agent Conmen – and women!
Who's the criminal?
I’ve been promoting buyer mandates in some of my posts here for a while now. I believe that buyer representation is a good thing. But if someone wants to abuse something, they will surely find a way. And that’s why I’d like to mention the following incident: Get the rest of Buyer Beware: Agent Conmen – and women! »
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What Real Estate Agents Can Do
Useful things, realtors!
Real estate agents render a valuable service to property consumers. Real estate agents offer clients the advantage of relevant knowledge, experience, skill, contacts and resources to meet their real estate needs as effectively as possible.
In return for those services, realtors expect to be paid. Real Estate companies are in business to make money and real estate agents assist buyers when there is a possibility that they can earn a commission. (If a realtor claims not to be in it for the money, there is always the possibility that it may be true. So, try negotiating a lower commission and then make up your own mind.)
But what exactly can real estate agents do? If everyone had to believe some of the claims real estate agents make in an effort to secure business, they might mix, mash, grate, chop, juice and polish the car!
In this article, I intend to spell out what real estate agents can and can’t do for you. Find out more about What Real Estate Agents Can Do »
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Buying house – a pain in the behind
Buying doen't have to hurt... much
Buying a home is the biggest financial transaction many people ever get involved in. Buying house can be a down right scary business, even if nothing goes wrong. People’s hopes and dreams are often tied up in that home purchase, and it can be hard to keep emotions at bay. So, naturally, everyone would prefer it if their house purchase goes as smoothly as possible and is over in a jiffy.
Someone once confided to me that his experience of buying property was a lot like his experience of rectal exams: He knew it was important and had to be done, but he just wanted it over and done with!
Luckily, if you’re not scared to ask for help, buying a home does not have to be as bad as a rectal exam. If someone holds your hand, the scary stuff doesn’t seem so scary anymore. And once you know what is hiding around the corner, your heart can stop racing and your hair can relax again. But who do you get to champion your cause and look around the corners for you?
Don’t worry. I’ll tell you. The full Buying house – a pain in the behind »
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Suspensive Conditions
Suspensive conditions are all about waiting
Suspensive conditions are just words. But because these specific words might very well be in your contract of sale when you buy or sell real estate, it is important to know what the function of a suspensive condition is, and exactly how the suspensive conditions in your offer to purchase will affect the sale of your property.
“Sticks and stones may brake my bones, but words can never hurt me“, is a myth properly debunked where suspensive conditions are concerned. The wording of suspensive conditions are very important to both buyers and sellers of immovable property.
In this article we’ll discuss the specific type of contractual condition called suspensive conditions. The name is very descriptive of the function of this contract condition, as you’ll see once we’ve explained, but if you’re not familiar with contracts and legal speak, it’s function really isn’t that easy to guess just by the name. Get the rest of Suspensive Conditions »
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