Real Estate

Our realtor made a mistake that cost us the house that we wanted to buy (see previous question), and then cashed our earnest money check after he assured us that it would not be cashed until we closed on a house!

I’m feeling very distrustful, any good realtors here from Boise, ID? I’m tired of being scr*wed over!

It sounds as though you dealt with an inexperienced or unethical realtor. NOT ALL REALTORS ARE THIS WAY! I do know that if an offer is accepted by both parties, then the earnest money check MUST be deposited until the transaction is closed, or until both parties agree to release the money. A realty company cannot hold a check (uncashed) until closing.

Try talking to the broker in charge of the company that the realtor works/worked for. The Broker in Charge is responsible for all real estate activity in that office. Also, if you have a legitimate grievance, which it sounds like you do, you should contact the BIC to let them know you are probably going to talk to the state’s Real Estate Commission & LLR regarding the matter.

Then, I’d definitely suggest interviewing a new realtor. Try picking a realtor who has been in the business for a couple of years. Explain to them what happened to you (you don’t have to name company names, etc), and what you expect from them up front. Be honest, and stick with a reliable, seasoned agent.

I hope this helps!

I need to get an apartment for rent in Boston. What is a good realtor that i can go to in the downtown area?

I know this lady that has a 2BR apartmen in Quincy.. Quincy is about 6 miles south of Boston.. Its on a nice quiet street and the MBTA is about 1 mile away.. Off street parking. The Wollaston Beach is about .25 mile walk down the street.. Lots of girls hang out on the beach in summer.. I think you should email her.. joanwgall@yahoo.com

http://PerformanceWebPage.com REALTOR Training – Most Realtors need training on how to get a web page to produce leads. The purpose of a great web page should be based on the results of its lead generation ability… Most real estate agent training focuses on script and dialogue, important stuff, just not the right Realtor training for producing a great lead generating website.

Most real estate agents get a web page based on looks and cost and do not understand its function as a lead generator or prospecting tool, they often treat is as a business card or a one stop shopping site for all the needs of a buyer or seller.

If you are a serious Realtor and want to get more leads, watch this video and you will have a new outlook on how a web page should and can be a massive lead generating tool for your business.

http://CommissionGusher.com

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Say if I am trying to pick a realtor to go with to buy a new house. What should i be looking for in a realtor?
zara i am a buyer not a seller

Someone who is trying to find the best home for your budget wise, and etc. So my advice is let them do the talking and see if they’re asking you all the right questions. If not then they’re probably not looking out for your best intrest. Remember they make profit off of you..so make sure they’re doing there job which is to find you your prefect home!

the president of an albuquerque realty company that filed for bankruptcy is arrested. doug vaughan was taken into custody this morning for driving on a revoked license …but it appears that’s the least of his problems. austin reed is live in the newsroom with tonight’s top story. according to county jail records… doug vaughan has been released on his own recognizance. but earlier he wabeing held at m-d-c. meanwhile, the new mexico licensing and regulatory division tells us it has been investigating vaughan for a few months because he has potentially been violating state security laws. when investigators arrived to his home earlier this morning to gather information about that, they say they observed him driving his car, which they say was against the law. they knew from previous research that his license was either suspended or revoked and they are certified law enforcement, so they were obligated to arrest him court records show vaughan was charged with a d-w-i last year…that’s why his license was suspended. as we reported yesterday, the vaughan company filed for chapter eleven bankruptcy. the lawyer handling that case says the housing cris — is to blame for the bankruptcy filing — but we’re told business will continue as normal.

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I may have found someone to buy my home, but I dont have a realtor, and dont know how to go about it by myself. What do I need to do in order to make sure all the legal stuff is in place? I want to sell it to them at a low price, so I would much rather not pay a realtor when I already found someone!

Oh, and anyone trying to ‘promote’ themselves wanting me to use their mortgage company or whatever will be marked as spam.

This is easier than it was years ago, especially if you’re in one of the states where the realtors no longer have a legal monopoly on the MLS systems.

My brother used "buy owner" I think, in San Jose, a few years back and was happy. The basic deal is they charge some kind of flat fee and give you signs, a workbook / how to guide, and depending on the service may even come out, take pics, post on various sites etc.

There’s a ton of these services out there, if it was me I’d google – here’s a sample – and start reading and comparing.

Be sure to understand the specific pro and con’s for your state, and check references.

http://www.google.com/search?hl=en&q=by+owner

many realtors list bank owned properties. how does a realtor develop those relationships with banks to get their listings?

Time in trade. Just takes meeting the right person at a party and being able to network efficiently. No, foreclosed homes aren’t all HUD homes, that is something different all together.

State securities regulators now confirm they’re investigating real estate entrepeneur Douglas Vaughan in connection with the backruptcy of his firm. Vaughan was arrested Thursday morning on an unrelated charge.

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We found a house we want to purchase. The house is listed for sale by the owners. The gf is wanting to use a realtor to help with the purchase of the house. what exactly would they do? we are financed threw a mortgage company and the seller is the home loan offer at one of the banks here in town so we shouldn’t need help with paperwork. What would be the benefits of useing a realtor?

Loan officers are not real estate agents.

The main benefit to you is knowing that everything was done legally. Almost all Fabio’s end up in court, one of you screwed something up.

While there may be a mess up still, the agents broker takes the heat, not you.

I buy a lot of property. I think I know enough to manage on my own…but still I would not even entertain the idea of going it without my trusted broker.

I have heard that if you attend an Open House without a Realtor, you are then obligated to use the showing Realtor if you decide to pursue that house, and that many unethical Realtor’s use Open Houses for that reason so they can cover both ends of the deal for double commission. Is there any way you can "fire" the selling Realtor after seeing the house and choose a different Realtor to represent you in that sale? I don’t feel comfortable working with someone who is trying to represent the interests of both the buyer and the seller…I want someone to represent my interests solely. What are my options if we already visited an Open House and spoke with the selling Realtor (although we didn’t give any personal information, not even our last name, or sign anything)? This is our first time looking for Real Estate or using a Realtor, and we learned this about the open house obligation after the fact, so any advice would be appreciated. Thanks!
A potential Realtor just told me that if you attend an Open House without a Realtor (ie her), you are then obligated to use the showing Realtor if you decide to pursue that house (she can’t do that sale or show that house), and that many unethical Realtors use Open Houses for that reason so they can cover both ends of the deal for double commission. Is there any way you can "fire" the selling Realtor after seeing the house and choose a different Realtor to represent you in that sale? I don’t feel comfortable working with someone who is trying to represent the interests of both the buyer and the seller…I want someone to represent my interests solely. What are my options if we already visited an Open House and spoke with the selling Realtor (although we didn’t give any personal information, even our last name, or sign anything)? This is our first time looking for Real Estate or using a Realtor, and we learned this about the open house obligation after the fact, so any advice is great!
Oops…obviously this is my first time using Yahoo Questions too!!! I thought it would replace my original details, not double post them. Sorry!

Basically, a Realtor told me that if we had already seen a house without her that she could not represent me in buying that house because I had an obligation to use the selling Realtor. The selling Realtor was pretty horrible, so I would NEVER choose them, but her comment made me feel totally trapped, since we are somewhat interested in the house. Is she full of bull then?

While the above posting are correct – you are NOT obligated to use the Listing Realtor because you saw the home during an open house, DO tell the agent you hire to represent you that you saw the home during an open house. that way your agent can head off any problems before they happen.