What is the most outrageous interest rate you've ever hear of for a business mortgage loan?
Question:
Answer:
With private money I see 18% all the time. That is pretty outrageous to me.
I meditate we paid 24% durring the 70's. Ouch.
Does anybody know why do some renters do not nick Section 8?
Question:
Can somebody file for descrimation on this business?
Answer:
Everyone gave u reason but no one answer ur actual cross-question, u could only profile discrimination if the property took sec. 8 and u met adjectives their qualifications. A property is not requried to be a sec. 8 property to be precise a choice. As for why there r oodles reasons, some dont want to bother next to the inspections, the housing lease will and does override the property lease. There I am sorry to say is a discouraging stigma attached to sec. 8 alot of properties feel they capture undesirable residents, I am not saying to be precise the case but several properties feel that process, some even fear if they should start taking sec. 8 alot of their residents who own lived on their property who r not on a program will move. As I stated this all may not be true, but believe me copious owners of properties r scared to seize involved. There is also the issue of rental amts. sec 8 basically tell a property what they will pay them 4 rent, okay if u owned a property that u knew u could seize lets influence for a example $950.00 for a 2-2 but sec. 8 says they will settle up u $750.00 would u do it? Many properties do accept sec. 8 certainly more now than ever back, reasons r they know rent will be remunerated on time. Other top defence is due to low interest rates more people r purchasing homes, cause lower occupancy on properties, which within turn has made heaps a property go on the program. As anyone who have been within the industry long enough, will notify u a property needs to be at lowest in the upper 90% lease range to form any profit. U will have no problem finding a nice place, but it would be much easier to draw from a apt. guide use a locator they r in the guides, locator is free 4 u, relate them what location, size apt. ur sec 8 etc. they will give u the properties that adopt the program, this saves u alot of time. Hope this have been conscientious! HAPPY NEW YEAR
Their property may not qualify or they don't want the ahssles.
At one point in my duration I contacted my state and requested to be part of this program to minister to my tennants and was told that the programs be all full. I be unable to join in the program at that time.
I believe your press is really, "Why don't some landlord's accept Section 8?" The answer is:
1. The amount of rent that can be charged is set by the gov't.
2. The property must overrun an inspection and the owner may be unwilling or unable to bring it up to the standards needed for Section 8.
3. The tenant may have plenty of other prospects minus going through the process of getting their property on the approved list.
4. Section 8 requires the tenant to commit to a 1 year lease, usually with no payment deposit. Property owners may have obedient reasons why this is not desirable to their situation.
For starters most landlords don't want to spend the money to trademark it sect. 8 eligible.. They are so dam-n picky and landlords don't dream up it's worth it.. Every year they come up with brand new "requirements" which are so stupid .. For instance, I was living contained by an apt (1 person) and there be no door between the toilet and sink.. the landlord have to come put in a door so nobody can see me while I am peeing.. I am the single one that lives there.. Stupid stuff similar to that.. Here the max rent can only be $436 next to utilities paid... most places can grasp a LOT more than that rent and not have to verbs about stupid stuff close to a bathroom door in front of the toilet. (it have a bathroom door just not contained by front of the commode).. I wish u could database discrimination... it's nouns if they say "no kids allowed, etc.".. I am on faction 8 but if I owned a place, I would not go thru the hassle of doing EVERY LITTLE entity just to please them..and it's NEVER adequate..they always want more..
Purchase Real Estate Software?
Question:
My Company is looking for Software that will do the following:
-Marketing letter
-Cover memo to seller
-Rehab estimates
-Offer price breakdown
-Purchase and sale agreement
-Comparable sales
-Seller financing
-Purchase and sale agreement
Also we will like something specifically user friendly and affordable. Thanks
Answer:
Try Ron Quintero or just brand name your own from MS word and publisher and set them up in outlook express correspondence merge. There is also a REMS software program that has everything you are looking for above plus it have a home inspection module and short sale forms.
we use zipforms.com surrounded by CA. The state board contracted for all Realtors and it workd GREAT.
If you are seeking economical forms and other unadulterated estate software you might check these individuals out. I have have great success near them. They have a significant variety of legitimate estate software to select from.
The Complete Real Estate Software Catalog 8OO-526-5588 or you may email me for the Internet connection.
I hope this have been of some use to you, obedient luck.
"FIGHT ON"
if i sign for a vehicle, how long hold i get to relocate my mind and draw from my deposit rear ( if any) .signed yesterday
Question:
Answer:
If you went to the showroom/store later you have no legalized recourse if you have simply changed your mind. The Sale of Goods Act does not enjoy any contingency for customers who change their minds, it would one and only apply if there be a fault which be not pointed out at the time of sale. If you be missold the product, you could have recourse through The Misrepresentation Act, but you would own to prove that you were misled. Many retailers' jargon and conditions allow a return period for products, however, with cars it is unusual, because you enjoy used the car. The marketer may allow you to change your motor for a different one as a gesture of goodwill, but you would not be capable of cancel.
In expressions of the credit agreement, you do have a right to revoke the agreement within a specific time frame, typically fourteen days, the exact one will be on your copy of the agreement, but the purchase of the credit agreement is separate from the purchase of the saloon, so you would still owe the retailer the money for the car even though you cancelled the credit.
7 days , I already told you
It should read aloud in the small print of the contract that you signed. Read it through without delay as it may only be a few days, probably 7 days, from signing during which you can reverse the contract. After that, you will have to start paying.
Did you embezzle delivery of the vehicle? If so, in that is no "grace period". I see some posters here have advise you about "7 days" or "14 days". They are incorrect.
In the interest of customer goodwill some dealer will "unwind" a contract. Check with the provider you purchased the vehicle from.
There is a lot of confusion just about the right to rescind a contract. There is only a 72 hour right granted if the product you purchase be sold to you in your home. If you go to the dealership and purchased you are not covered under this provision of the statute.
If you want to rescind simply because of "buyer's remorse" it is up to the dealer to create the decision.
There is no complete 7 or whatever afternoon period that give you a right of rescission.
Your right to cancel and return with your deposit back is determined by 3 things 1) state statute, 2) whether you took the car stale the lot or not and 3) did you sign a financing agreement?
If you didn't take the motor off the lot, you can return with your money back by cancel the contract immediately as long as you own not signed a finance agreement. Don't discuss it next to them and don't take no for an answer. You can't get hold of financing, lost your job, changed your mind, etc and that's it, term.
If you took the car stale the lot or signed a finance agreement, 99.9% of the time you are stuck.
Check your states regulation and read your contract. The law for your state should be on the attorney generals pattern page.
How can I obtain a mail address from my innkeeper who refuse to bestow it out?
Question:
I have rented from this faddy person for over 6 months and own now given my written 30 sunshine notice to move out. Throughout my residence I have requested several times for his mail address but he refuses to endow with it. I gave him a $500 deposit which I expect to procure back but I'm concerned that lacking some way of contacting him, I may not receive it back. What are my officially recognized rights?
Answer:
You can do a skip trace on the property owner to find out his mailing address. I would recommend contacting Chris from http://scbuyshouses.com
You can dispense him your property address and he can look up the owner and find his mailing address if its record on the deed. It does cost a short time money to get this info..but it sounds close to it would be better than losing $500.
Good luck!
how do i find blue prints of house contained by toledo ohio?
Question:
I want to find it in Lucas county library if possible
Answer:
I no longer reside surrounded by Lucas County, but this searchable online tool while it won't have nearly adjectives the information a blueprint would, is incredibly resourceful and it's FREE.
There probably is a floor plan on the tax card. For Blueprints you necessitate to call the architect or builder. Call your agent and they will know by the circumstances. New? Old? Mechanicals? Carpentry? etc.
Will I be capable of rent an apartment? I enjoy pretty angelic credit, but no rental history...?
Question:
and my potential roommate has no rental history and she just this minute declared bankruptcy. Will anyone rent a nice place to us?
Answer:
I would not rent to you because of the BK. She $crewed associates out of their incomes, hurt their families, so markedly has no nouns. Landlords have family to feed too.
Yes, if you both own jobs and the qualifications to pay the rent.
I conjecture you might have a problem to overcome. Your paucity of a rental history is bad adequate, but a recent BK points to a character issue for me that I usually try to avoid. When I rent apartments I am looking for someone who will honor their agreement near me to pay rent no concern what personal issues life might throw at them. The BK raise a red flag for me that here is someone who is willing to stride away from hardship and agree to someone else take the leak. I would be concerned about have a roommate like that as in good health. If she cut out on you, you would be responsible for the ENTIRE rent - not just your partially. That could jeopardize your credit reputation as well.
If I be desperate for a tenant I might rent to you two, but I would need a co-signor (with income and honourable credit) for her and an increased deposit for both of you.
A word of advice - be up front near landlords about this - it will come up sooner or subsequently, but it makes you look honest and responsible to bring it up contained by the beginning, otherwise we touch like you are trying to trick us into accepting you minus all the facts...
Yes you can find someone to rent to you. Some apartment complexes may charge an secondary deposit. Also look in your local rag there are some landlords out here that do not run credit, or will at least allow you to explain your credit issues.
What are External Influences For an Estate Agent?
Question:
Answer:
External influences would be your clients or potential clients (how they behave), your competition, your boss and your company guidelines, and the solicitors. Also, the current economy, interest rates and home prices would adjectives influence the Estate Agent.
To get hired as one? Be competent, over-eager, attractive.
Mortgages - boring but I call for some direction please!?
Question:
We have have a mortgage offer through from our mound (the co-op) for our new property. We are keeping hold of our existing property to rent out. We hold not converted the mortgage to a buy to let as even so because we were told by the co-op mortgage advisor that we could dawdle until completion. when the mortgage offer come today it has a condition on it to say-so that we must convert the current mortgage before they will release the funds for the contemporary property. why am I being told two different things? Who is right ? Can we put our property on the marketplace without converting it to a buy to consent to ? If we do this will they release the funds for the new house beforehand ?
Help me - I'm getting different direction from the co-op!!
Answer:
We had a similar situation. We be told that we didnt need to gain a buy to let mortgage and have a mortgage on a flat that we rented out with the halifax. 3 months after renting it out somehow the halfax found out we be renting it out and depanded the cost of the mortgage back inwardly 14 days.
You can imagine how difficult it is to receive over lb100k within 14 days. They said that we should hold switched to a buy to let as soon as we be to complete on the other mortgage. I am still not 100% certain on the point of switch but from what they explained the switch should be done on matching day the other mortgage completes.
My recommend would be to really look into this so you dont end up within the same boat we did.
Good luck
Whateve ris stated contained by your contract, you need to jump through it throughly.
convert your mortgage as requested by your bank so you can verbs with your purchase.Financial adviser often give an account you what you want to hear to sell their products and capture their comission so listen to your bank!
moving to Dover Delaware any one know how to find a house for rent in that?
Question:
i need to find a house or apt contained by dover or even a mobile home would work
Answer:
You can find information and pictures about some of the communities contained by Delaware at http://www.delawareonline.com/delaware/i... as well as other compliant information about Delaware.
You can find a home or apartment at:
http://www.homes.com/content/listingstat...
http://delawareonline.homefinder.com/new...
You can find links to nonspecific information about Delaware at http://www.delaware.gov/egov/portal.nsf/...
You can find information something like the schools on the Department of Education's trellis site at http://www.doe.state.de.us/edudir/edudir... .
You can find links to information about State taxes at http://www.delaware.gov/agencies/egovern... . Note: within is no sales import tax and property tax is assessed one and only at the local government plane (county and municipality).
Where are the best income condos within thailand?
Question:
i have my philosophy but you tell me--- im looking for a complex where on earth affluent foreigners or thais live -- steven
Answer:
Bangkok along Chao Praya River and close to skytrain stations.
Chiang Mai and Chiang Rai
Pattaya Beach ( such as north shore)
Hua Hin
South Islands such as Phuket, Krabi and Samui
Choke Dee (Good luck)
Either in the center of Bangkok or within Phuket
Are escrow accounts regulated?
Question:
Are banks allowed to borrow against escrow accounts minus having to earnings a dime to the escrow account holder?
Answer:
And no interest is allowed to be compensated to the money in the escrow explanation, so the bank get an interest free loan.
A bank would be the escrow details holder. The money has to be set aside for a purpose, such as paying valid estate taxes, and cannot be used for other purposes.
For accounting purposes, it's counted as an asset and banks can borrow against assets, but not pledging any specific justification as collateral.
Yes, escrow accounts are heavily regulated. They are usually called IOLTA or IOLA accounts. All 50 states enjoy these accounts and strict regulations concerning these accounts in place.
IOLTA way interest on lawyer trust accounts, and IOLA manner interest on lawyer statement.
Theses accounts earn interest, and the interest is turned over to various state funds. The exact fund vary by state. If you G00GLE the name of your state and IOLTA, you will see where on earth the money goes.
Foreclosure?
Question:
Have you ever been surrounded by a foreclosure and gotten out of it?How? (besides selling your home and leaving).
Answer:
There are several things you can do to save your home from foreclosure.
The first entry is you should immediately contact your mortgage company. Let them know that you are interested contained by saving your home and want to know what programs they own that you can use to keep your home.
If you are not getting the response you give attention to is necessary from the population you are speaking with at the mortgage company, request to speak to the Loss Mitigation superintendent. Tell him/her of your desire to keep your home.
See if they will allow you a forbearance agreement. If so this might be the best mode to get by and preserve your home.
A forbearance agreement will allow the mortgage company to add adjectives the late mortgage payments and fees to collect the behind payments into another mortgage. Now you will have two mortgages.
You will hold to tell them when and how long it will steal you to pay rotten the late mortgage payments so they can net a monthly payment for you. This pay-out will be in extension to your regular mortgage payment.
Now the trick to this it that if you be laid off, you must prove to the lender, base on federal guidelines that you are back at work and earn enough to cover the monthly mortgage payments as economically as have ample left over for every sunshine expenses like groceries, utilities, entertainment etc.
I hope this have been of some use to you, appropriate luck.
"FIGHT ON"
FIND SOMEONE (REALATIVE, FRIEND) WITH GOOD CREDIT THAT YOU TRUST. hAVE THEM BUY YOUR HOUSE AND YOU PAY THEM EVERY MONTH. EVEN MAKE IT WORTH THERE WHILE AND OFFER THEM A LITTLE EXTRA.
OR
EVENTHOUGH IT SOUNDS TERRIBLE THIS IS YOUR HOME WE ARE TALKING ABOUT. IF YOU HAVE 401K OR ANY INVESTMENT THAT YOU CAN TOUCH PAY UP TO WHAT YOU CAN.
OR I'M SORRY BUT YES YOU MAY HAVE TO SELL AND START OVER WITH A CLEAN SLATE AFTER A FEW MONTHS OF REBUILDING YOUR CREDIT.
I have be in one and saw no passageway out because even though I repaired the circumstances that got me near, the money back owed be too much. I had no loved ones that would help me and those who needed to help have no means. Did you try a refinance? Did you speech to your loan company to see if they could help you by putting the fund owed amount on the end of the loan? There are also aid programs that assist beside this but I do not know how good they are. Did you try liquidation? There are bankruptcy's where you do not lose your house..all the same you will need to own a way to settle up the debts. Talk to a free legal aid going on for that.
I was competent to reach an agreement (through a lawyer) to foot off times gone by due amount in a few installments, something the lender be not willing to adopt when negotiating beside me alone. It cost me an extra few thousand dollars, but was worth good my home.
If you talk to the mortgage company possibly they will give you a time of year of interest only payments. They do not want the house rear legs. They have adequate forclosures.----Sarah D years of rebuilding.
You need to start by asking yourself if the payments are to much for you. If they are, afterwards you may want to sell, and start over. If you enjoy equity you will have some lolly in mitt to buy a cheaper place. If not you may want to short sell, and bearing away with your cerdit save.
If the reason your surrounded by forclosure is not because your payments are to much for you, then you own otions.If there is equity contained by the home, you can refinance and take out plenty money to come current and have a saftey network. If there is no equity, you will hold to find someone to loan you enough money to clear all the payments due and the penalty that have be added. You will have to be capable of afford you house payments and the repayment of the loan.
Anybody can risk foreclosure on their home. The reasons can alter: job loss, divorce, virus or any other event. As per the estimates of American Banker's Association, many populace have save less than 3 months' spare bread. But remember, foreclosure is the beginning of
near are investors looking for deals on the house and will reimburse off your loan. where on earth is your home?
What are the best (safest) areas of Las Vegas to buy a home and angle a house?
Question:
I am transferring to LV and am unsure about the different neighborhoods. I enjoy 2 small children so school system is an issue. Suburbs ok. Thanks.
Answer:
North and northwest are collectively nicest areas.
A house costs a fortune and you get a small house and a really small lot.
I looked at some that started at 249,000 and they be not bad but they be built like postage stamps. Not much room to park surrounded by front of your own house.
PS:
San Diego, eh? You won't be scared by the home prices later.
Same advice, the NW cut of town. Lots of new school with unsullied teachers purely out of college, they have fresh accepted wisdom and enthusiam.
Check it out, you will see what I mean.
All the realtors will tender you the same direction.
away from the strip! :)
If you are looking to buy i would recomend waiting a little while... its currently much cheaper to rent consequently to buy prices are way to inflated contained by the vegas area.
check out www.homeseekers.com for home for rent/lease.
Would you rate 1.8 years of mortgage payments for 40 hours...?
Question:
of a Realtors time? Do the math folks. Your mortgage is 30 years, and real estate agents will charge ~6% to put up for sale your house. So you are giving them 30*(.06)=1.8 years worth of your sweat and payments to sell your house for you. Selling usually individual takes a month or so if the price is at marketplace value. And they don't even work for you full-time, they hold many clients. So you are giving up 1.8 years of payments to somebody for probably 40 hours of their time.
Why do we put up next to this? It is obscene. Prices has tripled within the past 8 years where on earth I live, but commissions remain mysteriously at 6%. In a truly free market, this percentage would decline as home values increased so that the overall dollar payout remained indistinguishable, or grew slowly with inflation. The reality that it remains the same is evidence of a marketplace failure, and points to the material estate industry needing redeployment.
Answer:
Although I agree with you contained by principal, it's sometimes difficult to do anything about it. Realtors used to in actual fact provide a lot more service for seriously less money. My parents bought a house for $30,000 contained by Huntington Beach in 1970 - the 6% realtors commission on that transaction be $1,800. Selling the same house for $800,000 today would cost $48,000. Yes, we've have inflation over the last 35+ years, but not over 2500%. And very soon, most people browse the MLS on the internet, check values on Zillow.com, and collectively do a lot of research up to that time they ever engage a realtor. So realtors in reality provide less service than they used to.
Still, your with the sole purpose real alternatives are to catalogue with a discount broker or for public sale by owner, and a lot of regular commission brokers will purposely steer their customers away from these properties.
In a hot souk, I don't think it really matter because transactions happen so efficiently. I used a discount broker myself for the purchase of a couple of investment properties in Arizona a couple of years ago, and received a rebate stern on what would have be part of his commission. But surrounded by a slow market, if I have to sell I still might use a full commission broker.
Unless there's a strong plenty coalition formed to work against it, I don't think near could be a significant change surrounded by the system. The lobby supported by this industry is tremendously strong, and realtors won't easily administer up the large amounts they engineer.
My broker is worth every penny.
I would not be anywhere close to as successful as I am w/o my broker. I am not paying for his time, I am paying for his experience, knowledge and AMAZING negotiation powers. I clear far more profit from a sell beside him they I could possibly manage minus him. I do the math, and I am WAY ahead of the game.
I agree next to Janet above.
You are not only paying them for "probably 40 hours of their time", you are paying them for their familiarity, negotiating skills, marketing, promotion, etc.
Although you CAN sell your home on your own (I have) not everyone have the time or effort into marketing their home, spread out houses, juggling showing appointments, etc. For some (most) those it is worth paying 2.5-7% to have an agent do this for them.
That are other things you can do. You should look into www.theyellowsign.com. It is a FSBO program. no fees free index on-line and 24 hour info line. It is sponsor by allied home mortgage
And if you really have any clue about the souk, you'd find that it has be dropping.
A few years ago, it was concrete to get anyone to go your home for less than 7%.
As values kept jump, more agents got into the business, which increased competition and drove down the average commission to around 6%.
You appreciably haven't been around contained by really slow markets any. Selling in 30 days is NOT middle-of-the-road. 90-180 days was the norm years ago. It is close to that range in a minute.
The longer the home is on the market, the more it costs the agent. Agents don't kind you pay them upfront, but they own to pay their own dosh upfront to market your home. Part of what you compensate them for is to cover those costs.
Most agents who list multi-million dollar properties are not getting 6% any. They'll set a fee, dollar-wise, higher than the cooperating broker's commission. So they are already discounting their fees as values go up.
If you really don't approaching realtors, or don't value the awareness and experience they have to grant, don't use them. God knows, I wouldn't want to work beside you as a client either. I'm sure you suppose no mortgage broker is worth paying 1% of their loan amount for the service we provide either.
And over the years, as you verbs to not pay for professionals to assist you, you'll flog your home for less NET money than you would've gotten using a realtor. You'll probably overpay for every home you buy.
But best of luck to you. You're going to involve it.
you pay a realtor for what he/she nows not how much she works. I'm a mortgage broker from edmonton alberta, i work near one realtor who sold her clients home in sooner or later for the asking price. The client didn't want to pay her full commision ( 7% + 3%) because he believed she didn't earn it. So she told him fine turn down the offer and find another realtor who may steal 30 days or more to sell your home. He realised it be in his best interest and compensated up
You are proof that you can't learn to be a definite estate guru by watching late hours of darkness real estate infomercials - even if you buy the tape...
Its people close to you that keeep the RE attorneys busy.
I think we can agree that what you're after is the most money contained by your pocket (if you are selling) or the best property at the lowest price (if you're buying).
There have be any number of public interest groups doing studies of people selling FSBO versus surrounded by conjunction with agents. Net result: The race selling with agents net almost 5% of the gross sales price more next to an agent than without.
For buyer's agents, it's even more clear cut. They're self paid out of the selling agent's cut, which is compensated by the seller. I'm a buyer's specialist, and my purpose is making a difference of at least 10% to my client's bottom queue with every transaction. According to client surveys, I hit this dream way more commonly than I miss.
The rational answer to your sound out: Because by spending that money, the average person ends up beside more money in their pocket.
Nobody forces anyone to use an agent. I can point you to ways to grasp your house listed on MLS for lower than $100. You can view any number of free fact list websites if you're a buyer. But there's a lot more to getting a property sold than that, as generation of home buyers and sellers enjoy discovered. There are light years between purely getting it sold and getting it sold within a specific time frame for the best possible price. And the differences on the buyer's side get the seller's side look easy.
Your math is pretty fruitless. For one, most areas don't have a median price of 500K. Second, homes over a convinced dollar amount typically work on split commisions-- which means after roughly speaking 100K the commision drops.
Third, assuming the agent gets 75% is pretty high-- plentiful are a 50/50.
The other part that you give the impression of being to be COMPLETELY missing out on is that agents have TONS of expenses that they foot out of pocket and then hold to 'reimburse' when they make a public sale. Office fees, license fees, insruances, sign fees, advertising, etc.
I be an agent for 6 months and accrued ATLEAST $2,000 contained by fees in that time, and i didn't do ANYTHING above an beyond- no website, no fancy cards (the plainest ones i could find!) no extra REALTOR association fees (not adjectives agents belong), no personalized for sale signs w/my autograph, no classified ads, etc.
Yes, I can see the point surrounded by which the sales of homes hold skyrocketed and the percentage that agents get hasn't changed-- that's a bit annoying-- but I know that you CAN negotiate if you are savvy satisfactory.
And let's not forget-- while a properly priced home SHOUDL sell surrounded by 30 days often times it doesn't-- and also regularly times sellers are EXTREMELY stubborn and uncooperative and its complicated to get them to lower an overpriced home or be paid simple changes to formulate it more saleable (decluttering.)
So yes, i see both sides-- but you need to agony the whole picture beforehand making a judgement!!
Finally a refreshing perspective on the real estate industries greed. First I guess there is a valid point or two within almost every previous answer. The problem with the industry today is it have lost sight of the service side of the business and have focused on the comissions available. The work involved in selling a house have became much easier today than ever back. The tools that were once prearranged and available only through agents are very soon free or easily available to adjectives. The price should never set the commission and buyers should have to wage their own agent. The NAR has lobbied knotty for decades to protect real estate agents from several issues. As a lender the often hardest segment of my day is cleaning up legitimate estate agents sloppy work on the horribly written purchase and sales agreements my clients come contained by with. As a definite estate agent I am just amazed at the decline within competence the majority of people surrounded by both lending and concrete estate. I have other received a 80% split and no desk fee. The other costs are element of doing business. Theres reason for agents to whine give or take a few time spent with a client and gas expenses, hoarding copy, dues, etc. Its part of the cost and if you cant pay packet it your in the wrong business. Learn to be more effectual and those costs are pocket change. It isnt a buyers or seller fault if you enjoy no real aptitude for this business, any learn to do the post effeciently, or get out. Mechanics payment tens of thousands of dollars for tools and they dont make a fortune if they cant repair a vehicle either. Commissions should froze regardless of price stock to 3,000 per side, maximum and 1,500 as a minimum. This is fair and reflective of what a average agent is worth, familiar for todays business climate. Each party surrounded by a transaction should pay their own agent. This would make happen a fast exit from the trade of the greedy, languorous, and incompetent agents. It was still a service related industry 30 years ago when I started and should become one again. In my counsel I would still make a greatly nice living as would many agents that are contained by this business because they have what it take.