26 April 2019 | 9 replies
If it's exclusive, they may need to get paid no matter who the procuring cause for the sale.
8 January 2019 | 152 replies
Seller is free to go procure those services independently but many people dont know how or why or where to start so they just dont.At any rate that is what I was looking for concrete examples of wholesale deals because I'm trying to understand the size and specifics of an overall market.It sounds like wholesaling is just part of the overall transactional market, the niche is that the property isn't general market ready for a multitude of reasons.I'm not encouraging it.
5 September 2018 | 14 replies
Well, there IS a difference between showing a property to someone and being the procuring cause.
4 September 2018 | 80 replies
When we received feedback that your daughter wasn't satisfied with our efforts to help her with her problem, we offered to offset her cost to procure her own equipment, despite not being required to do so.I can certainly understand why a student (or anyone for that matter) would want all of their devices to work.
25 May 2019 | 10 replies
I would say the average is typically 10% and first months rent for tenant procurement.
24 May 2019 | 15 replies
My managing broker and I are floored, as the numbers are telling us this could be the most lucrative flip yet.My question for you all is this: On the previous 3, because she has been the one to procure the deal, purchase the deal, and then resell the remodeled home, I have been paid on an hourly basis to manage/work on the properties.
16 August 2018 | 2 replies
I'm in contract to procure an investment duplex in Columbus, OH.
23 February 2019 | 10 replies
Here are the laws in regards to this stuff.4735.01 [Effective Until 3/20/2019] Real estate broker definitions.As used in this chapter:(A) "Real estate broker" includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to a power of attorney or otherwise, and who for a fee, commission, or other valuable consideration, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration does any of the following:(1) Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate;(2) Offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate;(3) Lists, or offers, attempts, or agrees to list, or auctions, or offers, attempts, or agrees to auction, any real estate;(4) Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate;(5) Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretaker, or janitor, any building or portions of buildings to the public as tenants;(6) Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate;(7) Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate;(8) Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners;(9) Collects rental information for purposes of referring prospective tenants to rental units or locations of such units and charges the prospective tenants a fee.
13 March 2019 | 15 replies
@Manny Cirino it obviously sounds like a procuring cause case....and you should entitled to the commission in the contract plus you have an expiration clause....might be worth it to legally receive your due commish!!
7 March 2019 | 29 replies
Protecting the real estate value up to the outstanding loan balance is the prime consideration, however.General Rule ExceptionsWhile mortgage lenders require landlords to procure hazard insurance equal to the loan balance, there are occasional exceptions.