Asked By: Joseph Bennett Date: created: Feb 17 2022

Can a realtor give a kickback to a buyer

Answered By: Robert Mitchell Date: created: Feb 17 2022

Can a realtor give a kickback to a buyer.

A realtor can provide buyers with a monetary rebate, but it is not considered a kickback and is legal in 40 states.

Agents and brokerages are allowed to give buyers rebates collected from funds paid for by the seller..

Asked By: Jake Turner Date: created: Sep 06 2021

When should you talk to a real estate agent

Answered By: Carlos Jackson Date: created: Sep 08 2021

Once you are about 4-6 months from your target closing date it is time to meet with your agent, more clearly define what you are looking for and start actively looking… also get your financing pre-approval. Average time to find a home is about 3 months, plus another 1-2 months from purchase agreement to closing.

Asked By: George Rivera Date: created: Sep 09 2022

Can you tip your realtor

Answered By: Jose Thomas Date: created: Sep 12 2022

You should not tip your Realtor, in any way. It is neither expected or considered the standard practice. In fact, some real estate agents say that gifts or bonuses make them uncomfortable. Tips can actually cause them extra work to ensure they stay within the law and adhere to their licensing regulations.

Asked By: Diego Edwards Date: created: Apr 03 2022

What is a buyers agent bonus

Answered By: Peter Jones Date: created: Apr 05 2022

My seller’s agent asked me if I was willing to pay a “buyer’s agent bonus.” This would be for an agent who has shown my home to an interested buyer twice. … It’s fairly common practice in a buyer’s market for the listing agent to offer a larger share of the commission to the agent that brings in the buyer.

Asked By: Stanley Rivera Date: created: Dec 16 2021

Should you tell your realtor your budget

Answered By: Brian Rivera Date: created: Dec 19 2021

Indeed, revealing your max budget may backfire on you. “An agent could start showing you homes that are way out of your range. Or your agent may pressure you to make offers when you are not ready,” says Benjamin Ross, Realtor with Mission Real Estate Group in San Antonio, Texas. “If this happens, fire your agent.

Asked By: Gerld Thompson Date: created: Jan 05 2022

Why do Realtors not want buyers and sellers to meet

Answered By: Alfred Miller Date: created: Jan 05 2022

Why is it that agents are so reluctant to let buyers and sellers get together? Unlike most business deals, the sale of a home can get very personal and real estate agents are nervous about the parties dealing with each other. That’s because most agents have seen what can go wrong when buyers and sellers meet directly.

Asked By: Wallace Hill Date: created: Jun 30 2022

Are buyers agent bonuses unethical

Answered By: Blake Thompson Date: created: Jun 30 2022

Offering an incentive to the buyer’s agent is essentially a bribe and therefore unethical. … Some agents already offer an incentive to the buyer to close faster. They may offer a percentage of the commission, a new appliance or anything their creative mind can think up of. Your strategy is really unfair to the new owner.

Asked By: Ashton Brooks Date: created: Nov 19 2021

What should I not tell my real estate agent

Answered By: Philip Ward Date: created: Nov 22 2021

Among the things home sellers should not say, the lowest price you are willing to take is probably a no-no. “The primary thing I tell people not to discuss is the minimum price they will accept,” notes Babbitt. “When you tell your agent your lowest price, they are going to shoot for that price in the contract.

Asked By: Jose Ramirez Date: created: May 30 2021

What do you wear to a house closing

Answered By: Gabriel Howard Date: created: Jun 01 2021

There are really only two rules when it comes to proper attire for a home closing: 1) the Realtors and other professionals (closers and lender) should wear formal business attire (sorry, no “business casual”); 2) clients can wear whatever they want. … See, “Back in (Realtor) Fashion: Ties, Sport Coats, and Scarves.”

Asked By: Cody Reed Date: created: Apr 30 2022

How do you say thank you to your realtor

Answered By: Miguel Alexander Date: created: May 01 2022

Dear FIRST NAME, Thank you kindly for doing such a fantastic job with [insert service]. It’s great to work with someone that is dedicated to doing the best job possible. If me or my company can be of service to you in the future, please don’t hesitate to reach out!

Asked By: Geoffrey Lee Date: created: May 03 2022

Do buyers ever pay realtor fees

Answered By: Philip Lee Date: created: May 05 2022

If you’re buying a home, you’re probably off the hook for paying the commission of the real estate agents. The home seller usually picks up this payment. Typically, the fee is paid by the seller at the settlement table, where the fee is subtracted from the proceeds of the home sale.

Asked By: Herbert Alexander Date: created: Jul 20 2022

Why are realtors paid so much

Answered By: Carl Powell Date: created: Jul 20 2022

They charge a lot because it takes work and money to market, it is hard to get licensed and become a real estate agent, they have to pay for dues and insurance and real estate agents usually have to split their commissions with their broker. The biggest reason a real estate agent gets paid so much is they are worth it!

Asked By: Aaron Russell Date: created: Oct 20 2021

Do I have to pay a buyer’s agent

Answered By: Owen Walker Date: created: Oct 20 2021

Real Estate Agent Commission – Decoded! … Generally, buyers don’t pay realtors directly. Instead, their compensation comes in the form of a commission on the property’s final sale price. Commissions for both the buyer’s and seller’s agents are taken off the top of the proceeds of the sale.

Asked By: William Howard Date: created: Apr 29 2022

What is Btsa in real estate

Answered By: Diego Butler Date: created: Apr 29 2022

BTSA is a compensation offered by a seller in order to encourage buyers agents to bring in buyers. There are no restrictions regarding what a seller can offer as an incentive. It is very common with new home builders and can be found on some resale homes.

Asked By: Horace Young Date: created: Aug 04 2021

Do you give your realtor a gift at closing

Answered By: Christopher Hernandez Date: created: Aug 04 2021

You’re not required to give your realtor a gift after closing. In fact, realtors and other real estate agents rarely get gifts at closing. … Many realtors are pleasantly surprised when a client sends them a gift after closing because it’s not expected; however, it’s greatly appreciated.

Asked By: Zachary Turner Date: created: Sep 17 2021

What to take to house closing

Answered By: Mason Turner Date: created: Sep 19 2021

Homebuyers: What to Bring to ClosingYour Agent or Lawyer. It is important to have an advocate who understands the intricacies of the home-buying process. … A Photo ID. Of course, buying a home requires you to first prove that you are who you say you are. … A Copy of the Purchase Agreement. … Proof of Homeowners Insurance. … A Certified or Cashier’s Check.

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