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I'm looking for property for rental max 10k pesos per mth
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Ann Weintraub: The Blue-Chip Broker, Ms. Weintraub has been selling real estate, mainly in Greenwich Village.
As a buyer, is it wise to use a broker on a FSBO co-op property that will eventually have a bidding war? I confirmed that the seller will commission the buyer's broker.
The seller will take the best bid along with the best buyer (financials), but do you think that the seller will accept the lower bid from someone who is not using a broker, since the seller will not have to commission the 3% broker fee?
First off, please do NOT go into this thinking that you HAVE TO HAVE THIS HOUSE...It is a buyers market and it is not likely that there is going to be a bidding war.
I would definitely get a broker as they are supposedly going to help to protect your interests.
I am certain that you watch the news so you are aware the there are several houses that are on the verge of foreclosure....so if for some reason this does not work out there will be PLENTY of others that will....
so with that said, get your broker. If the sale does not work out, then it was not meant to be but dont screw yourself to get into that house...not having someone to protect your interest would be screwing yourself
I want to sell auto insurance, but I don't want to be an agent, I want to be a broker. What's the process involved, and what's the fastest time that I can complete this in?
Most states these days, use the words interchangably. You have to take and pass a test. It's the same test, for agent and broker.
If you know enough to pass the test, you could sign up for it today and take it tomorrow.
If you're a fast study, you can do nothing buy study for a week, and maybe pass.
I live in the state of New Mexico and would like to start a property management company but do not know if I need a qualifying broker license. I already have an associate broker license.
I don't know about NM.. your local RE Board could tell you.. the prop mgmt firms that I've worked.... the PM's needed to have a good working knowledge of the market pricing. If you're going to work in Apts. you're going to have to get the cost to turn an apt down.. knowing how to hire the onsite manager(s) is a big plus. If you are going to be dealing with single family.. the picture is completely different.
I worked with this a lot.. drop me an email and we'll trade notes before you sink a lot of money.
good Luck
Who pays the buyer's broker in a FSBO (For Sale by Owner) property?
I noticed that for some FSBO properties, the seller clearly states no brokers. However, in this one property, the seller welcomes buyer's brokers. Who will end up paying the buyer's broker fee? Is it the buyer or seller?
The seller pays the broker fees.
Risk didn't deter team from plan for Macy's building
"I think they're very brave hombres," he said. "They were excited and looking forward to the challenge."
The results of the teamwork were finally revealed when the three developers disclosed Wednesday that they had agreed to purchase the 21-story building from owner Macy's for $18.5 million.
The same day, Yackey and the Bruces also made their pitch to the city for $27.8 million in tax-backed financing, which would allow an ambitious $111.7 million redevelopment of the massive building.
Yackey said the developers are fully aware of the risk of taking on the renovation of a huge office building when the commercial property market already is weak.
"It doesn't take a rocket scientist to know the market's not in great shape right now," he said Thursday. "We don't think of this as an easy project."
The personal financial risk is substantial, the developers say. When the deal closes, the developers will
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