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How do you get a real estate commission returned to you if your realtor did not do their job?
Wiki User
∙ 12y ago
you go to the real estate board (in the local yellow pages), make a complaint, and also make a complaint with the real estate company the agent works for. then you contact a real estate lawyer and get his opinion.
Wiki User
∙ 12y ago
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What are some examples of commission jobs?
A realtor is a commission job, for buying or selling real estate.
What do you call a person who practice real estate?
A realtor or estate agent buys and sells real estate on behalf of the principle, for a commission. They can also act as a managing company on behalf of the landlord.
What is a principal real estate agent?
A person with a state/provincial license to represent a buyer or a seller in a real estate transaction in exchange for commission. Most agents work for a real estate broker or realtor.
What is the realtor's commission rate in Minnesota?
There is no standard realtor commission rate. These are negotiable--always. The Department of Justice has nailed the real estate profession on anti-trust violations for trying to maintain a standard rate.
What do I need to obtain a Realtor license?
You need to take an accredited real estate course in order to get a Realtor license. You can contact your local Real Estate Commission to obtain a list of real estate schools in your area. You can also go online and find real estate schools. However, make sure the school you choose is accredited.
I let a real estate contract expire. I did not sign and did not agree as contents differed from information discussed over the phone. Can I be liable for damages and sued as Realtor is advising?
No. It sounds like your realtor is a weasel. I'd report him/her to your state real estate commission.
How do you find the commission rate?
How you find the commission rate varies depending on the job. Some jobs pay a commission of 10% of total sales while some have commission that is on a sliding scale. In real estate, the realtor makes a commission from each sale. You can ask what the rate is prior to hiring the real estate agent.
What are salaries in the real estate industry?
As an ex-real estate agent, I can say that revenue in the industry varies with situations and positions held. A licensed realtor is usually paid a commission which also can vary. Talking to a realtor about his commission is not a secret when signing a listing or a agreement of sale. In fact he has to disclose what the commission percentages will be. Your challenge is accept his commission as a valid and justified expense relative to the effort he puts into selling your property or getting you the property you are looking for.
What is a real estate person called?
Realtor
What are real estate agents paid?
They are paid an agreed upon commission as per the listing contract between the agent and the seller. Buyers and seller are often charged administrative or processing fees to be paid to the brokerage office of their realtor. Real Estate agents are paid a percentage of the commission they collect based on whatever contract they have with the real estate brokerage that employs them.
What is the average real estate commission percentage in Tennessee?
What's the average real estate commission
Can a real estate broker waive his commission to another person?
A real estate broker can waive a commission at will.
