Transcript from podcast: Contingencies episode #3 In this episode we are going to talk about real estate contingencies I get a lot of recurring questions about contingency periods, what happens when they expire, and how that affects the deposit, so I figured it would be good to do a primer that covers important factors to […]
Transcript from the podcast episode: Greetings agents. I’m using a different microphone this time to eliminate that creepy background noise that was in the first recording, so hopefully the audio quality is better. We’re still testing things out. All right, so the topic of this podcast is how to get paid directly from escrow and […]
Which 100% Commission Real Estate Company Pays the Fastest? At Balboa Real Estate, if your file is complete at closing or you use our in-house transaction coordinator then you can be paid directly from escrow at closing. Otherwise, escrow sends a commission check or wire to the office. In the many years that I have […]
Avoid the top mistake agents make on a referral fee agreement. It all begins as to how the referral fee agreement is structured. The form stipulates the fee to be paid to the referring broker is based off of the gross commission earned. Now, this verbiage is important and necessary because it protects the referring […]
What is hundred percent commission real estate? (Transcription) This concept was popularized and entered the mainstream over ten years ago and since then it’s evolved and has changed somewhat. Before 100 percent commission was part of the mainstream program that an agent could get a real estate company. The big talk was about splits, so […]
Contingenices Don’t Expire Automatically, They Must Be Removed Contingencies stay in place until they’re removed by the buyer in a contingency removal form. So the three big buyer contingencies are the inspection period, the loan period, and then the appraisal period. Default verbiage in a CAR purchase agreement or an oorp.org purchase agreement has 17 […]
The tutorial is not done on a CAR RPA form because CAR does not allow their forms to be used in a public forum. I obtained this form from www.OORP.org. Although it is different than than the CAR RPA, it contains the same terms that are customary to any California Real Estate transaction.
There are three rules to recruiting and converting prospects in real estate. 1. Meet as many people as possible. You can do this onlinethrough online marketing, you can send mail, or you can meet in person. It doesn’t matter how. It’s whatever you’re comfortable with is what’s important. You need to get your name and […]
In Southern California, the seller typically pays for the owner’s title policy, and the county transfer tax. In Northern California, it varies county by county. Below is a guide for which party pays which fees throughout California. Please CLICK HERE or the image below.
