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I'm not sure what it is in your area. I can only speak about it in Bellefonte, PA where we own a small apartment complex. When we bought it, our agent recommended two managers. One charged 7%, the other was higher. I believe it was 10%. This can be deceiving since some low percentage managers might inflate maintenance charges and pocket kickbacks from the contractors, etc. In the end the 7% and the 10% managers MIGHT end up costing you the same.
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How much does a real estate agent charge for his services?
It varies from office to office, city to city, state to state and service. There is no such thing as a "standard fee" for real estate services.
What is Synonym for real estate?
realty; real property; land; fee simple estate
What type of real estate ownership is the most all-inclusive?
Ownership in fee simple is the highest form of real property ownership.
What is the highest estate of absolute right in real estate is called?
Fee Simple
What are flat fee MLS listings?
Flat fee MLS listings are real estate sales where the broker receives a flat fee for the sale of the house instead of getting a percentage of the sale. It is a service offered by a number of real estate companies.
What is the fee to a real estate broker on a lease?
There is no standard fee in the US. Fees vary by location and state and are always negotiable. In some markets, with a lot of vacancy, the broker is paid by the landlord for bringing him a tenant. In markets with low occupancy, the broker may charge the tenant a fee for finding him an apartment/house. Real estate brokers are barred by antitrust laws from setting fees in a uniform manner.
How much is real estate school?
Real estate school prices vary from state to state, as well as the amount of hours needed to obtain your real estate license. The best way to find out the requirements and cost in your state is to search your state's real estate commission. The following states offer online real estate courses to get your real estate license: Alabama, California, Colorado, Florida, Georgia, Illinois, Iowa, Kansas, Michigan, Mississippi, Missouri, Nebraska, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Virginia and Washington Compare accredited online real estate schools at http://www.realestatewebschools.com/real-estate/salesperson-license to get the best price.
Do you need a real estate license to find a rental for someone for a fee?
yes
What is a promote fee?
The promote fee is the percentage that a real estate firm makes in interest. The promote fee is generally a certain percentage of the profits from the sale.
What is the typical real estate attorney's fee for a residential closing?
Five to seven percent.
Do Lenders pay a referral fee to a Real Estate Broker for referrals?
No, lenders are not permitted to pay referral fees to real estate brokers. It would be a violation of RESPA.
A estate restricts ownership of real property to a particular family bloodline?
A. fee simple B. fee tail C. determinable fee D. fee simple absolute ANSWER: B Fee Tail
