Jennifer Rouse

There are some things for sure that the seller would need to repair before closing. It really depends on the issue. Cosmetic repairs are usually not something you can request a seller to fix unless part of the original negotiation. It is important to have a Buyer's Agent that knows what to ask for and when. : )

Usually you can ask the broker or an insurance company to confirm this information. I recently purchased a townhouse in a beach town and I was really worried about hurricanes and flooding. It happens to be that I am about 5 minutes away from the zone that floods and I am not in a flood zone and do not need flood insurance. I confirmed this with the listing agent as well as my insurance company and made sure it was part of the contract/disclosure.

We totally understand, as agents, that you want to try to get the most money for your home for the lease amount of money. Real Estate Agents have the experience to put you in the right direction with all of these questions. Agents also can help you stage the home for a low cost without a staging company, which may charge a lot more. Just remember when thinking of a discount brokerage, you always get what you pay for. Go to the Agent that knows the location very well and the comps. They usually will be able to get you way more than you can for your home if you do it on your own.

These situations are rare but they do occur. I think the best idea is to talk to your attorney on the legal ramifications on this. Agents always confirm the buyer is pre approved for a mortgage first so you can see if they are even qualified. You can always make a deal with the tenant and then if for whatever reason it does not work out, you can work out some other arrangement. Consulting with a Real Estate Broker for this one would be helpful.

Each brokerage charges the amount they charge. You as a seller is always welcome to negotiate. Just remember, you always get what you pay for. Agents put a lot of time and money into marketing and also spend their time trying to get the property sold and they have resources that sellers not discount brokerages have and there is a cost for that. If you offer buyer agency compensation, then you will have way more traffic than if you do not offer it. I work out deals with my clients, if I do not sell the property with another agent, I can discount the commission if a direct deal.

You verbally agreed to a shorter term, but the written agreement says 6 months, and you didn't receive a copy until later. That matters. In real estate, the signed written agreement controls aEUR" but there are several important exceptions that can work in your favor. There is misrepresentation or at minimum, a lack of informed consent. To resolve this you can: Request cancellation, Escalate to her broker, File a complaint if needed. In many cases, get a mutual release, Brokers often do not want conflict or complaints. Sometimes it just does not work out and that is ok. You can get out of this. I would not want this to happen to me either.

This will all depend on where the condominium is located. For example in New York where I am located, I provide a Seller's Guide so they know what their costs are so there are no surprises. Real Example Breakdown If you sell for $700,000: Commission (6%): $42,000 Transfer Taxes (NYS and NYC): $12,775 Attorney: $3,000 Building Fees: $2,500 Misc $1,200