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The practice by which the buyer uses come of his or her own money to buy stock and borrows the rest from a broker is called?
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∙ 14y ago
ufa kefe it is magrin kio
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∙ 14y ago
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The practice by which the buyer uses some of his or her own money to buy stock and borrows the rest from a broker is called?
Margin
What is the practice by which the buyer uses some of his or her own money to buy stock and borrows the rest from a broker?
Margin. :]
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.
Does the buyer have to pay real estate commission to the broker?
Officially the seller pays the broker commission. However, ultimately it is paid by the buyer, since the commission is related to the selling price.
What is a buyer-broker agreement?
Buyer-Broker Agreements Better stated: If you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEEYOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEEYOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined:One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker
What was a slave broker?
A broker is a party that arranges transactions between a buyer and a seller. Thus a slave broker was a person that negotiated the sale and purchase of slaves.
What broker deserves commission when they trap the buyer into signing an agreement but does not help them succeed in their goal?
A buyer or seller should never sign anything with any broker if he or she feels "trapped". The buyer/seller is actually "employing" the broker, so in reality, the buyer/seller calls the shots. A broker is in the picture to offer information, assistance, knowledge and skills. Ultimately, all decisions are that of the buyer/seller. I am a broker and I feel strongly about informing my clients that just because a prewritten form with blanks already filled in is recommended, it can often be edited. Also, signed contracts can usually be renegotiated or even cancelled. Because every situation is different, it may be best to talk to the broker's Broker in Charge or even a Real Estate Attorney about your specific ordeal.
Who is the Transaction Broker in real estate?
A transaction broker, however, remains legally neutral, and can assist the buyer and the seller in a transaction.
What is the average real estate commission in Florida?
In Florida, real estate commissions is being negotiated between the principal (seller or buyer) and real estate broker during exclusive listing appointment or when representing a buyer through an exclusive buyer's broker agreement.
Where does the money go in the stock exchange?
The money goes to the buyer's Broker, who sends it to the seller's Broker, who gives it to the seller after taking out a commission.
Why would one choose to use a car broker?
If one was a first time buyer or unsure about how to buy a car then a broker can help by liaising between buyer and seller. It can make the process less stressful and time consuming.
Who has the best first time home buyer loans?
Your best bet when shopping around for a home buyer loan or a mortgage is to use a mortage broker. They will do the shopping around for you and get you the best rate. There is no fee to you for using a mortgage broker.
