A salesperson who wants to place a For sale sign on a listed property must
Home / Buyers and Sellers / Buying a home Show Below are answers to some common questions buyers have when thinking about purchasing a home: 1. I find some terms used in real estate are confusing. Could you explain some of the typical ones?
3. Must I sign a representation agreement with a brokerage/salesperson? 4. Does a brokerage/salesperson have to provide service to me? 5. Is there a maximum or minimum time frame for a written representation agreement? 6. Can I limit a representation agreement to a particular property or city? 7. Do I get a copy of an agreement I signed? 8. What must be included in an agreement? 9. Is there a set commission rate/flat fee? 10. Is the commission always paid by the seller? 11. The salesperson has promised to do certain things for me. What do I need to do? 12. I don’t understand the representation agreement he or she has asked me to sign. What do I do? 13. Is there a “cooling off” period to cancel a representation agreement? 14. What is a confirmation of representation? 15. How much should I give as a deposit? 16. What is the purpose of the deposit? 17. Where does the deposit go?
18. Are the deposit monies insured? 19. Do I get interest on the deposit? 20. If my APS does not complete do I get my deposit back? 21. If I don’t remove the conditions, do I get my deposit back? 22. Does a seller have to make me a counter offer/sign back? 23. Does a seller have to give me an opportunity to make another offer? 24. When do I get my copy of the Agreement of Purchase and Sale? What are the duties of Nevada real estate commission?The Real Estate Commission is a five-member body, appointed by the governor, that acts in an advisory capacity to the Division, adopts regulations, and conducts disciplinary hearings.
How to become a property agent in Singapore?Have a minimum of 4 GCE 'O' Levels passes or equivalent. Possess a pass in the Real Estate Agency (REA) examination in the 2 years immediately before the application for a licence, or equivalent. Be a sole-proprietor, director or partner of the estate agent.
Can agents collect commission from tenants?A property agent can only act for one party in a property transaction. In other words, an agent cannot represent and collect commission fees from both buyer and seller, or both tenant and landlord, in the same property transaction.
Can agents collect commission from buyers?An agent can only collect commission from one party, either the Seller or the Buyer. In the case of a new launch, the Developer will pay the Agent, hence the Agent is not allowed to collect commission from the Buyer.
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