Elicit

Can a realestate agent 1 make u move then profit from short sale.?

I need to know either illegal or just unethical.
Had a house got behind. Had a friend refer a realtor. He came in told us we had to move in a week so he could short sale the house.he had a property we could rent that was another foreclosure. So we moved. He never got our contract to us or talked with bank. Come to see a for rent sign in our old homes yard. We fired him and hired another person who said we never had to move in the first place. He is doing this all over the place. Kicking out people telling them they have to leave then renting the houses out and keeping all that rental money. Can he do this

This real estate agent ran the best scam around. You should report him to the local Real Estate board. Yes he might do this as demonstrated he has done it.

The question is the legality of it. Normally you may not collect rent on a property you do not own. Apparently he moved you into a house where the owner could not or had not paid the mortgage. Thus he was collecting rent from you on the property you were renting,without the owners knowledge, as he was yours.

this is fraud on his part and the authorities should be contacted.

You are not required to move during a short sale. Some real estate agents will tell you it would be better if the house is empty. In most instances they would stage the house to show it at it’s best without your accumulated clutter.

Most lenders would require the property listed by a licensed real estate agent for a period of time. Your lender would also want to have the assistance of a real estate agent in completing the Short Sale Package. Once the short sale has been approved, basically, even though you signed the contract of sale, the real estate agent is really working for your lender, as all offers on the property would have to be approved by the lender.

I hope this has been of some benefit to you, good luck.

"FIGHT ON"

Posted in realestate sale | 2 Comments »

How do you post a house for sale on realestate.com?

I need help I can’t find out how to do it.

They pull from the MLS, there is no direct listings.

Posted in realestate sale | 3 Comments »

Is a realestate contract binding or void if the lender does not sign the borrowers copys?

I helped my daughter purchace her first home. After one year she was unable to continue making her mortgage payments. We tried to get a loan modification but was denied. I reviewed the contract and noticed that the lender did not sign any of the documents.

The contract of sale would be signed by buyer and seller- not by mortgage company. Even if some of the contract paperwork is not binding for some reason- the fact that your daughter signed the closing documents shows that she was OK with what had been agreed.

If you are talking about loan documents that she got at closing- she may have gotten copies that were not yet signed by mortgage company at closing. She could have gotten copies later that had signatures- or the signed ones may have been sent directly to county. It is possible someone made a bad mistake- but not very likely. You would have to hire a good local real estate lawyer to get a good idea.

Posted in realestate | 2 Comments »

real estate questions Clueless?

So what are the people who bring clients to the home called and do they get commission and do they also list the homes and what is the difference between a restate agent and a broker and what are all the different jobs and how much schooling do you need for it i am only 13 but i love realestate only thing is i no nothing about it

It’s nice that you already know what you would like to do when you grow up, a lot of adults don’t know answer to this question. I think you should talk to your parents and contact some realtors in your area, take one of them to lunch or coffee and find out what you’d like to know. You can list real estate agents in your city and start from there.

Posted in realestate broker | 1 Comment »

Insurance broker, realestate, tourist agency sales system?

How it is called this kind sales system what tourist agencies, insurance brokers etc. companies are using? I mean percentages of the premiums and all other things what they are using?
Can anyone suggest a book or readings about commission. What are different and most successful commission strategies?

It is a Commission. The company provides a percentage of the sales price to the selling agent…

Posted in realestate sale | 2 Comments »

what are the good and the bad of a short sale in realestate?

The returns may be very good, but you must have deep pockets and or holding power.
Do watch out for government policy, some changes may kill you.

Posted in realestate sale | 3 Comments »

Any ratings source for a realtors for home buying ?

I am trying to buy a house and would like to choose a realtor. what options should I consider in choosing a realtor. I have no friends who are realtors. I have a few recommendations. But how would I narrow the ONE. Are there websites that rate the realtors? Like CNEt for electronics or rate my professors for professors, are there any websites with the realestate agent reviews or rating. Any tips in helping choose a realtor is greatly appreciated.
I am looking for one in grand rapids michigan.

There are no sites that rate realtors.

I would pick a realtor and use them a day BEFORE you sign a buyer broker agreement. OR sign the buyer agreement for a one day period only.

Treat the one day they take you out as a job interview. Did they ask you questions about what you want in a home, area, price, etc. And then did they show you want you wanted and explain the questions you had.

Posted in buying realestate | 3 Comments »

Can i take a MlS from a diffrent agent?

can i use it and post it on craiglist, if so what section is supose to be on, is it realestate by broker.

You cannot post MLS listings from other agents/brokers without their permission. If you get permission you would post it under the for sale by broker section.

Posted in realestate mls | 1 Comment »

Thinking about buying realestate in central america! wherer shall i buy?

Here are a couple of email addresses to get you started. Send them a short message that you want their fliers on their offerings on where to invest.

bill@wheretoinvestus.com

Sean Whalen <replywb@mickwave.com>

Posted in buying realestate | 1 Comment »

Australian Realestate Agents…Property Managers, Do they Know / Care How They Make People Feel??

I am yet to meet one who cares.
I Rent and buy, depending on work.
I am very upset every time I have to deal with one.
Is it a qualification to be to apply?
Do they have to make sure every customer knows that they are below society?
One even treated me like dirt, when I asked for them to manage one of my rental properties.

Real-estate Agents are a dime a dozen, anyone can be one, yet they all display "Qualities that they are above everyone Else"

What’s your excuse?
Finally after years of brainwashing, they are gods gift, earning $150K??
Is that it?
Majority are from broken households, and did not have professional parents. Does the suit, make them feel so much worth, it’s uncontrollable??

You’re not sounding very happy.

I’m not a real estate agent – here is my guess:-

Some probably didn’t quite treat you well because they themselves were not paid well for managing rental properties. You know, the usual overworked underpaid. There’s only so much a staff member can handle. Nothing much you can do about this.

Some who still treated you bad when you buying – it’s probably because you didn’t buy a million or two million dollar worth of property. I bought a very cheap property in the past. And yes the agent treated me like I was some stinky rubbish…… (not quite sure how to describe it but you know what I mean). Cheap property = low commission. *shrug* what can you do?

I think it’s not limited to Real Estate agents – I think it’s all sales persons to a certain degree. RE agents also not to all RE agents. You serve people who bring you the most money…

Posted in realestate property | 2 Comments »