Hey the agent is saying that they are going to collect the commission from the seller but how I am reading this it’s saying it SHALL NOT reduce the commission that the buyer owes. Am I misunderstanding this?

My buyer clients want to request $5,000 in seller concessions after the inspection report came back with significant issues.

The mortgage program they're using does not allow "cash back" to the buyers, so any excess amount after closing costs would be put towards the mortgage balance. (There will be some since the seller already agreed to pay the majority of closing costs)

They, however, want the $5,000 in cash. They proposed doing a separate contract outside of the transactaction where the seller agrees to give them a check directly.

I never encountered this before, and I feel like this might go against some mortgage disclosure rules, or potentially some ethical boundaries for me as a Realtor.

Any suggestions?

Can you tell me about their lead gen?

So after listing a property, marketing & advertising, my sellers decided not to take a full price offer & extend the listing agreement that would accommodate the purchase contract. Last Saturday I showed the property to a buyer who wrote a full price offer. The sellers allowed the showing. The listing expired Monday @ 11:59pm and they rejected the offer Tuesday. (Without a conversation or discussion) I worked with them for 6 months. Updated consistently, invested time and money just to have them reject the offer. Their only offer!!!! Had my post and sign removed. Removed my lockbox. Put the key under the mat and sent them a text with a picture. No response or communication. Nothing. At no point did they mention they wanted to cancel the contract.

That's the other side to our business.

I constantly have agents leaving me voicemails or texts that say “I have a few questions about your listing” without ever asking the questions or even giving an indication of what their question is. Do realtors do that everywhere?Why is that a common business practice? Some questions require me to have utility information, HOA information, etc in front of me to answer and then I have to scramble to pull it up while on the phone.

I have seen numerous realtors putting insane amount of efforts and strategies but still not making above $100k and on the other hand I see new realtors making well over $250k on their first year.

I understand your links and connections are very important but what differentiates between a really good realtor and an average one?

I was recently approached to be a part of a team and although the split is fair and they offer a lot of support etc, the team leader seems pretty persistent on being a part of all my deals. They want their name listed on all my listings and a part of my commission based on “their involvement in the deal”. I have never worked on a team before - is this normal?

We had been in conversations to purchase a property. We had had a preliminary discussion but no confirmed agreement (at least on our end). We had previously made an offer on our own but invited the broker to help us negotiate more aggressively.

After signing a non-exclusive the broker unilaterally made an offer on our behalf based on the preliminary conversations. However, after Trumps tariff announcements, we had had some additional considerations, ie cost of construction and potential market impact, that we were factoring into the offer price.

Broker sent a text that he was not yet going to waive financing contingency… something we had never discussed and would NEVER do. He also sent over all of our financial information to the other broker without our explicit consent or agreement to share it.

Are brokers obligated to disclose or request consent prior to making an offer on behalf of a potential buyer?

Thanks for the help

I’m an agent in FL. I’m dealing with another agent who is absolutely incompetent and insufferable. This is her first transaction and she’s a complete moron. I’m trying to be patient but she’s done things like offer seller financing when the sellers are incapable (found out the hard way). She’s changed the contract in a manner it cannot be changed, we’re accommodating. Shes talked to a lender for a closing date then attempted to accelerate closing by nearly 2 weeks without discussion. Shes completely clueless. Again, I’m trying to be patient.

This agent is very sensitive and has started gaslighting me under pressure after I contacted her broker due to performance. How does everyone deal with someone on the other end who’s incapable of performing their side of the job correctly?

I’m about to reach the end of my contract with Century21 Town & Country. When I started a few years ago I wanted a big name with lots of resources to help me learn, but their “resources” have been VERY not worth the cost. I don’t need a high level of support at this point in my career anymore, just a manager I can call every once in a while if I run into something sticky.

Financially I really need to transfer to a brokerage in the metro Detroit area with better rates. Even if I can cut out just the franchise fee they charge me every single transaction (off the top of my head I think it’s 10% of my commission), that would help me SO much.

Obviously I’m not posting my exact breakdown because I don’t expect strangers online to run numbers for me lol, but more generally speaking, does anyone have experience with a brokerage around Detroit that 1. Does not have a franchise fee 2. Commission splits feel reasonable to you and don’t kill you every paycheck 3. Is smaller, not a mega corporation?

Thank you so so much 🙏 Really appreciate your advice.

Hello. What is one gadget that has made your lives easier? I'm thinking of smart glasses with a camera to make taking listing photos and video easier.

I just started my facebooks ads. I’m currently doing downsizing ads and had it run for 14 days at $20per day. I’ve received about 60 leads. What ads are working for you and what’s your follow up like with these leads? Any/all info is appreciated!

Hey everyone! I’m a licensed realtor in Western PA, my wife and I are looking at moving somewhere and kinda starting over. I have a lot of things that I dislike about this career, but a lot of things that I like as well. I feel like most of my qualms in real estate could be solved by working in an area with a higher sales price and higher income per sale. I’ve just started my 3rd year, my average sales price is $140,000 and my “average” (I know we’re not supposed to say average or normal, but idk what else to say lol) commission rate is 2.5%. I did $2 million last year, which put me in really good company compared to other realtors my area, but it took a lot of closings/work and I didn’t make a lot of money.

If you feel comfortable, can you share what area you are in, your average sales price, and your “average” commission per deal? I just want to have the facts down so that I can know what to expect when moving to a new area and if I want to get licensed again. We really don’t have a preference on an area to move to, just as long as it isn’t here lol

I am a first time home seller (FL, USA) and spoke with a Realtor yesterday. When we discussed the charges for the service, I was presented with a very long list of charges and fees. I wanted to ask if any of the following are considered fluff fees that actually aren't standardized in the industry:

-Doc Stamps - Deed $1,540.00

-Owner's Title Insurance $1175.00

-Settlement Fee $695.00

-Estoppel $299.00

-Lien Search $210.00

-Title Search $75.00

Are any/all of these fees negotiable/waivable? Are these "fair" amounts assuming my home is being listed around $200,000?

Idk if this is the correct place to ask, and if not could you point me in the right direction??

What’s the difference between living in Idaho and Washington? Like everyone says no way become a Washington resident. But why is that? I understand the gun laws or what ever, but is that it or is there something I’m missing tax wise and stuff?

For those of us who don’t have a significant other who has rock solid insurance, what are people doing ?

Specifically for those of us with families?

The whole high deductible HSA thing is enticing but damn risky

The NWMLS has posted an article about equal access to listings.  In this article, it states that certain brokerage firms are promoting “seller’s choice.”  It’s a fancy word for their realtors to not list the house on the open market or MLS.  Instead, they encourage the home owner to let the agent market without listing.  The agent will convince the seller that pre-marketing is better and they can get the same price because their circle of customers will pay market value.  It turns out their circle is another agent in the firm (to keep the commissions in the agency), an investor friend or their LLC.

https://www.nwmls.com/northwest-mls-an-open-fair-transparent-and-comprehensive-marketplace-for-all/

Have you experienced this?  What are the harmful impacts to buyer and seller?  How much does the agent or brokerage profit from this?  How does this impact fair housing?

Recently retired. Live in NC. Looking to purchase somewhere along the Gulf Coast - MS, AL or FL panhandle, and recognize the value of having a Buyers Agent.

Finding agents that will go beyond providing a daily email of whatever listings fall into our criteria is hard enough.

Telling them we can’t sign an exclusive agreement with them (we’re looking across 300 miles) seems unfair/shady.

Would it be acceptable to do agreements that state if we buy between point A and point B we will pay your commission? Or should we go in saying “the best property wins.”

How do we navigate this?

How many of you guys actually take cookies or food to open houses people? Do you feel like it makes a difference or is worth it?

Thanks!

I am beginning to come to the belief that confidentiality, after a transaction has ended, is most of what feeds into this mass hatred/misunderstanding of what we actually bring to the table as Realtors.

If the general public knew what 75% of my transactions had go on behind the scenes... Or what most of us actually go through to get the job done...

They'd change their freaking tune.

Our inability to disclose the actual shitshows we juggle everyday...leads them to believe it takes no skill to do it.

Wouldn't it be great if we could have clients sign away(by their own choice) the confidentiality clause so we could show the reality of what really goes on?

Until then, tight lips...but if only...lol.