0
If you take your house off the market do you owe the estate agent any fee?
Wiki User
∙ 14y ago
Typically no but it depends on the listing agreement you signed. Read it carefully. If the listing period has expired many listing agreements state that if a person was shown your property during the time it was listed and wants to buy it after the listing has expired you may still owe the real estate Company a commission. Most listing agreements speak to this in the agreement with a time period - like 180 day - after the listing has expired. This is the way a Real Estate Broker protects themselves from people trying to go around them by dealing directly with the seller.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
How is a real estate broker different from a real estate agent in California?
A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.
How do you surrender your real estate license?
If an individual is a realtor agent, yet - was unable to renew his/her license, they will be noted as inactive licensed realtor agents. However, once they renew and take corresponding courses to activate their license, they will be then noted as active real estate agents.
Real estate agents are not always honest and forthcoming when they show you a house.?
As with any profession, there are always some individuals who may not operate with the highest level of honesty and integrity. Real estate agents are no exception. While the majority of real estate agents are honest and forthcoming, there may be some who may not be completely upfront when showing you a house. Here are some steps you can take to protect yourself: Do your own research: Before you go to see a property, do your own research on the area and the property itself. Look for information about the property's history, any past issues, and any potential concerns. This can help you ask better questions and identify any red flags during the showing. Ask direct questions: Don't be afraid to ask direct questions about the property, such as the condition of the roof, electrical, and plumbing systems. Ask about any known issues or repairs that have been made to the property. A good real estate agent should be forthcoming with this information. Hire an independent inspector: Consider hiring an independent inspector to conduct a thorough inspection of the property. This can help you identify any potential issues that may not have been disclosed by the real estate agent. Trust your instincts: If something doesn't seem right or you feel like you're not getting the full story, trust your instincts. Don't be pressured into making a decision that you're not comfortable with. Work with a reputable real estate agent: Finally, make sure you work with a reputable real estate agent who has a track record of honesty and integrity. Look for recommendations from friends and family, and read reviews online before choosing an agent to work with. In summary, while there may be some real estate agents who are not completely honest and forthcoming, there are steps you can take to protect yourself. By doing your own research, asking direct questions, hiring an independent inspector, trusting your instincts, and working with a reputable agent, you can make sure that you have all the information you need to make an informed decision when buying a property. Get in Touch! Website -Pioneer Araya Skype - shalabh.mishra Telegram - shalabhmishra Email -realestates@gmail Mobile - +919990536116
In California real estate broker take a net listing?
Yes
What is active real estate license?
An active real estate license means that an individual who currently holds that license is still valid to perform any action involved in the real estate market and has either renewed his/her license or will yet to renew his/her license. Whenever an individual is not able to renew his/her license during his/her licenses' expiration date, his/her license will be noted as inactive license. Once the individual is able to take up corresponding courses for him/her to be able to activate his/her license, then that is the time his/her license will be again verified and be activated.
Can you refinance a home listed for sale?
Some lenders do have programs that allow for a customer to perform a refinance if the house is on the market. You just need to call your local lender to see if they can help you. Another option, might be to work with your real estate agent to take the house off the market long enough to have an appraisal done on the residence SOS it gives it the appearance that the home is not on the market.
How to buy a buy a house without escrow?
You can buy house without escrow, if you are aware of the present real estate market conditions. Because the real estate agents are aware of the real estate market of your local area and they know, what are the cares to take before buying a homes. Better visit the online real estate like samwinter to get a clear idea.
What are the best real estate agent classes to take?
The best classes would be from naea.co.uk where the plethora of options gives you a vast insight into the market while also arranging in-house training at the location of your choice which can be extremely helpful in gaining CV value.
What is the process to become a real estate agent?
Research Your State's Requirements. Take a Prelicensing Course. Take the Licensing Exam. Activate Your Real Estate Agent License. Consider Becoming a Realtor. Join a Real Estate Brokerage.
Where can I take a real estate agent course?
You will find real estate agent courses at http://www.realtyu.com/ . They have courses for those new to the course and those who are experienced already.
What do you need to be a real estate agent?
First, you have to take professional training and development programs as well as education to ensure that you know all real estate laws, market trends, regulations and processes involved in real estate. Next step is to pass the national examination and work as a real estate salesperson under the supervision of a real estate broker.
Is it hard to become a real estate agent?
It is relatively easy to become a real estate agent. You would take your State's required courses and then a test to pass the State test and become licensed to engage in real estate.It is difficult to earn a living in real estate.But if you able to get through the market and use your experiences and knowledge, you may be able to become one of the best realtor agents in the market.
How is a real estate broker different from a real estate agent in California?
A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.
What should you study at college to become an estate agent?
i dont think you need a degree for real estate. i think you can take a program at college that is an intro for real estate
What is involved in becoming a real estate agent?
To become a Real Estate agent you take the course at a college and then get your license. You must have completed hight school too. Also working a real estate office could give you some experience. Becoming a real estate agent requires proper education and training with the help of accredited training and education provider - which can also be take online. You can actually check for the requirements of your state for those interested in taking a license for real estate.
What are personal effects of a deceased person?
e take pride in our family approach to take care and we always provide the best work. Whether it is simple house clearing, house repairs or larger renovations.Deceased estate cleaningDeceased estate clearingDeceased estate cleanupsDeceased estate melbourneDeceased estate repairs(After Life Cleaning)
Do you need a real estate license to start a real estate investment in Florida?
In most states, if you plan on just investing in real estate and not mainly on selling or brokerage in real estate you won't actually needs a license to do do. But you will need a help of a licensed and experienced real estate agent to help you in planning out your goals for your investments and studying the market. On the other hand, you can also take licensing classes to gain a license so that you would be educated about the current rules, market trends, legal processes and items that you need in gaining knowledge about real estate and investing.
