I want to take a brief moment to express my sincere gratitude for the incredible tutorial on the 2023 RLA. Though I already knew the info, I found your explanation and presentation were nothing short of fantastic and I genuinely believe it's one of the best tutorials I've ever come across on RUclips and SDAR. In fact, I am a huge fan of your channel. You should offer classes on SDAR. Your ability to break down the concepts and make them easy to understand is truly remarkable. I appreciate the time and effort you put into creating all the informative and valuable contents related to real estate. As a subscriber and a huge fan of your channel, I continually look forward to your content. Thank you!!!
Dear lord. This man has removed some basic fears on my part via an excellent presentation.. Thank you sir... I wish I had this type of upline support..
Thank you for this video. If I prepare the contract for signature today but have 3-4weeks of painting cleaning and staging to do before listing do I put the start date as same as contract date or a future date from today when all the work will be done?
You put the date you draft/sign the contract. Then you enter it in the MLS as coming soon. The listing starts right away, it's just that you are delaying marketing until the work is done.
I have a question: "In a situation where the buyer, instead of the seller, is responsible for paying a 5% commission (5% Buyer Premium), how should this be properly documented in a real estate listing agreement?"
Although it sounds simple, it's actually quite complicated for a variety of secondary effects it creates. The short answer to your question is that you would need to charge the seller a 5% commission and then add verbiage in RLA that the commission will be lowered proportionally by what the buyer will pay. So, if you charge a buyer 5% then it eliminates the entire seller commission. I used to work on buyer premium auctions so I consider myself an expert on this topic.
Question.. so if i am doing a flat fee of $9000 + 395 TC and offering 2% to buy agent then would i be correct to write it like this. (Line 3A) 2% and $9000.00 + $395 TC. Then write in (Line 3D) 2% . Would that be correct? Gross 2% to buyer agent plus flat fee .
You're calmness explaining this is very much appreciated. Takes the stress out.
Bro you are an absolute G thank you 🤘
Thank you that was clear easy and simple to understand
I want to take a brief moment to express my sincere gratitude for the incredible tutorial on the 2023 RLA. Though I already knew the info, I found your explanation and presentation were nothing short of fantastic and I genuinely believe it's one of the best tutorials I've ever come across on RUclips and SDAR. In fact, I am a huge fan of your channel. You should offer classes on SDAR. Your ability to break down the concepts and make them easy to understand is truly remarkable. I appreciate the time and effort you put into creating all the informative and valuable contents related to real estate. As a subscriber and a huge fan of your channel, I continually look forward to your content. Thank you!!!
Wow, I'm very flattered by your feedback. I'm happy to hear you have found the videos useful. Thank you!
Dear lord. This man has removed some basic fears on my part via an excellent presentation.. Thank you sir... I wish I had this type of upline support..
Fantastic explanations. Thank you!
Thank you! I was about to make the mistake of gros commission charge and what I paid to the buyer agent. Thanks Balboa!
This is awesome thank you for this 💪🏽
Thank you so much :)
Great explanation.
Thank you this was helpful
2023 RPA version now . Thank you !!
Thank you for this video. If I prepare the contract for signature today but have 3-4weeks of painting cleaning and staging to do before listing do I put the start date as same as contract date or a future date from today when all the work will be done?
You put the date you draft/sign the contract. Then you enter it in the MLS as coming soon. The listing starts right away, it's just that you are delaying marketing until the work is done.
I have a question: "In a situation where the buyer, instead of the seller, is responsible for paying a 5% commission (5% Buyer Premium), how should this be properly documented in a real estate listing agreement?"
Although it sounds simple, it's actually quite complicated for a variety of secondary effects it creates. The short answer to your question is that you would need to charge the seller a 5% commission and then add verbiage in RLA that the commission will be lowered proportionally by what the buyer will pay. So, if you charge a buyer 5% then it eliminates the entire seller commission. I used to work on buyer premium auctions so I consider myself an expert on this topic.
Please let that be the subject of your next video buyer premium
Question.. so if i am doing a flat fee of $9000 + 395 TC and offering 2% to buy agent then would i be correct to write it like this.
(Line 3A) 2% and $9000.00 + $395 TC. Then write in (Line 3D) 2% . Would that be correct? Gross 2% to buyer agent plus flat fee .
Yes, that is correct.
Thanks for the response. I might sign up with your brokerage you respond quickly I appreciate that.
@@SusanAndTonyRealtors Broker support for our agents is even faster.
Where do RE brokerage firms receive help with Marketing? I ask as a Graphic Designer.