Sentences with phrase «real estate broker commissions»

Prohibitions on paying rebates such as the one now in place in New Jersey impede real estate brokers from competing on price, which in turn, causes New Jersey citizens to pay more in real estate broker commissions.

It's not uncommon for lenders to demand a cut in real estate broker commissions as a condition of approving a short sale.

NAR opposes the application of state or local sales tax to rent real estate services and other professional services, including real estate broker commissions, title searches, appraisals, home inspections, property management services, and any other services related to the real estate transaction.

HUD 1 expenses you can add to the contract sales price for your personal residence include personal property, real estate broker commissions, appraisal fees, home inspection fees, settlement fees, abstract or title search fees, title examination, title insurance binder, documentation preparation, notary, attorney fees, title insurance, recording fees, city - county tax stamps, survey, and pest inspection.

Not exact matches

Note: Commercial real estate brokers typically receive a commission from landlords in return for finding them tenants to rent their space.

All these commissions and reimbursements mean approximately 8 % — 12 % of the cost of the typical non-traded REIT is spent on broker - dealer and dealer - manager costs, leaving only 88 % — 92 % of investment dollars being placed into actual real estate.

Attorney General Eric Schneiderman made a push Monday for the state's real estate brokers to take advantage of a recent change to the state's Real Property Law that allows brokers to rebate a portion of their commissions to cliereal estate brokers to take advantage of a recent change to the state's Real Property Law that allows brokers to rebate a portion of their commissions to clieReal Property Law that allows brokers to rebate a portion of their commissions to clients.

On Wednesday, the Fuller Road website listed just four board members: Robert Blackman, a Capital Region real estate broker; Cuomo's former state Department of Transportation Commissioner Joan McDonald; Brad Johnson, a former adviser to former Gov. Mario Cuomo; and Robert Samson, a retired IBM executive who served on Andrew Cuomo's SAGE Commission on government efficiency.

Commissions are always negotiable, so any real estate broker could be a discount broker.

(B) «Credit repair services organization» does not include: (i) Any person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States; (ii) Any bank or savings and loan institution whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Savings Association Insurance Fund of the Federal Deposit Insurance Corporation; (iii) Any nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986; (iv) Any person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (v) Any person licensed to practice law in this state if the person renders services within the course and scope of his or her practice as an attorney; (vi) Any broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission if the broker - dealer is acting within the course and scope of those regulatory agencies; or (vii) Any consumer reporting agency as defined in the federal Fair Credit Reporting Act (15 U.S.C. 1681 - 1681t).

If you have any questions concerning the behavior of an agent or broker, you should contact your States Real Estate Commission or licensing department.

(1) The following shall be exempt from the Credit Services Organization Act: (a) A person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 -estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 -Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.

Most real estate agents are paid a commission based on the sale price of a property and split between the agents and brokers involved.

«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1987.

Exclusive Right - to - Sell Contract A listing contract in which the seller gives the real estate broker the sole right to sell; the person receives a commission, regardless of who produces the buyer.

To purchase a HUD owned home you must work with a HUD registered real estate broker that can put in a bid on a home for you and if your bid is accepted and you purchase the home then HUD pays the real estate broker's commission.

d. Any licensed real estate agent or broker who is performing those activities subject to the regulation of the North Carolina Real Estate Commissreal estate agent or broker who is performing those activities subject to the regulation of the North Carolina Real Estate Commiestate agent or broker who is performing those activities subject to the regulation of the North Carolina Real Estate CommissReal Estate CommiEstate Commission.

He has litigated, arbitrated and mediated cases involving banking (workouts, foreclosures, «lender liability,» and other aspects of loan enforcement and collection), real estate (developer disputes, landlord / tenant litigation, broker commission disputes, boundary disputes and adverse possession), partnerships and family - owned businesses (issues involving company control, buyouts and valuation), real estate finance (default resolution, servicing and lien priority, trust disputes and guardianships), intellectual property (prosecution and defense of cases involving trade secrets, trademarks, copyrights and patents) and other matters involving various contract and business tort claims.

Licensed real estate salespersons or real estate brokers who derive the majority or all of their wages from commissions as independent contractors;

We have also represented real estate agents accused of unethical conduct in the listing and sale of real estate before the Department of Consumer Protection — Real Estate Division, insurance brokers accused of improper handling of escrow funds before the Insurance Commission, and various other professionals before the State Architectural Licensing Board, the State Board of Examiners for Professional Engineers, the Banking commissioner, and the State Board of Examiners for Nursreal estate agents accused of unethical conduct in the listing and sale of real estate before the Department of Consumer Protection — Real Estate Division, insurance brokers accused of improper handling of escrow funds before the Insurance Commission, and various other professionals before the State Architectural Licensing Board, the State Board of Examiners for Professional Engineers, the Banking commissioner, and the State Board of Examiners for Nuestate agents accused of unethical conduct in the listing and sale of real estate before the Department of Consumer Protection — Real Estate Division, insurance brokers accused of improper handling of escrow funds before the Insurance Commission, and various other professionals before the State Architectural Licensing Board, the State Board of Examiners for Professional Engineers, the Banking commissioner, and the State Board of Examiners for Nursreal estate before the Department of Consumer Protection — Real Estate Division, insurance brokers accused of improper handling of escrow funds before the Insurance Commission, and various other professionals before the State Architectural Licensing Board, the State Board of Examiners for Professional Engineers, the Banking commissioner, and the State Board of Examiners for Nuestate before the Department of Consumer Protection — Real Estate Division, insurance brokers accused of improper handling of escrow funds before the Insurance Commission, and various other professionals before the State Architectural Licensing Board, the State Board of Examiners for Professional Engineers, the Banking commissioner, and the State Board of Examiners for NursReal Estate Division, insurance brokers accused of improper handling of escrow funds before the Insurance Commission, and various other professionals before the State Architectural Licensing Board, the State Board of Examiners for Professional Engineers, the Banking commissioner, and the State Board of Examiners for NuEstate Division, insurance brokers accused of improper handling of escrow funds before the Insurance Commission, and various other professionals before the State Architectural Licensing Board, the State Board of Examiners for Professional Engineers, the Banking commissioner, and the State Board of Examiners for Nursing.

Justice Pollak of the Ontario Superior Court of Justice has ruled that a real estate broker is not entitled to nearly $ 18,000 in commission as a result of its failure to notify the seller that the broker was acting for the buyer as well.

Business Development: Brokering various business dealings that further the diversification of Indian economies Developing and accessing commercial financial programs and services for tribal governments, including tax - exempt offerings and federally - guaranteed housing loans Serving as issuer or underwriter's counsel in tribal bond issuances Ensuring tribal compliance with Bank Secrecy Act and other federal financial regulatory requirements Handling federal and state income, excise, B&O, property and other tax matters for tribes and tribal businesses Chartering tribal business enterprises under tribal, state and federal law Registering and protecting tribal trademarks and copyrights Negotiating franchise agreements for restaurants and retail stores on Indian reservations Custom - tailoring construction contracts for tribes and general contractors Helping secure federal SBA 8 (a) and other contracting preferences for Indian - owned businesses Facilitating contractual relations between tribes and tribal casinos, and gaming vendors Building tribal workers» compensation and self - insurance programs Government Relations: Handling state and federal regulatory matters in the areas of tribal gaming, environmental and cultural resources, workers» compensation, taxation, health care and education Negotiating tribal - state gaming compacts and fuel and cigarette compacts, and inter-local land use and law enforcement agreements Advocacy before the Washington State Gambling Commission, Washington Indian Gaming Association and National Indian Gaming Commission Preparing tribal codes and regulations, including tribal court, commercial, gaming, taxation, energy development, environmental and cultural resources protection, labor & employment, and workers» compensation laws Developing employee handbooks, manuals and personnel policies Advocacy in areas of treaty rights, gaming, jurisdiction, taxation, environmental and cultural resource protection Brokering fee - to - trust and related real estate and jurisdictional transactions Litigation & Appellate Services: Handling complex Indian law litigation, including commercial, labor & employment, tax, land use, treaty rights, natural and cultural resource matters Litigating tribal trust mismanagement claims against the United States, and evaluating tribal and individual property claims under the Indian Claims Limitation Act Defending tribes and tribal insureds from tort claims brought against them in tribal, state and federal courts, including defense tenders pursuant to the Federal Tort Claims Act Assisting tribal insureds in insurance coverage negotiations, and litigation Representing individual tribal members in tribal and state civil and criminal proceedings, including BIA prosecutions and Indian probate proceedings Assisting tribal governments with tribal, state and federal court appeals, including the preparation of amicus curiae briefs Our Indian law & gaming attorneys collaborate to publish the quarterly «Indian Legal Advisor ``, designed to provide Indian Country valuable information about legal and political developments affecting tribal rights.

First, you'll be responsible for commissions and surcharges paid towards your broker or real estate agent.

Brokers in real estate sales jobs can earn hefty commissions that amount to much more than $ 100,000 each year.

A certain percentage of the selling price of the property is the commission of the real estate broker.

Neither the trade association, the Florida Association of Realtors / Florida Realtors, nor the state licensing agency, the Florida Real Estate Commission, is responsible for making sure that damages done to someone by a rogue real estate agent or broker here in Florida are recovered from the bad acReal Estate Commission, is responsible for making sure that damages done to someone by a rogue real estate agent or broker here in Florida are recovered from the bad Estate Commission, is responsible for making sure that damages done to someone by a rogue real estate agent or broker here in Florida are recovered from the bad acreal estate agent or broker here in Florida are recovered from the bad estate agent or broker here in Florida are recovered from the bad actor.

ATLANTA — The governor has signed legislation that will protect commercial real estate brokers from losing commissions paid over the term of a tenant's lease.

A real estate professional — a salaried, not commissioned, buyer's rep — assists until the customer is ready to buy, which may include a property tour; then a broker negotiates the contract, and a transaction manager takes it to closing.

A real estate professional — a salaried not commissioned buyer's rep — assists until the customer is ready to buy; then a broker negotiates the contract, and a transaction manager takes the process to closing.

Commission split: The percentage split of commission compensation between the real estate sales brokerage and the real estate sales agent Commission split: The percentage split of commission compensation between the real estate sales brokerage and the real estate sales agent commission compensation between the real estate sales brokerage and the real estate sales agent or broker.

-- «Maintain fees and commission rates traditionally enjoyed by real estate agents and brokers at the expense of the public and to the prejudice of Realtysellers and its programs;»

Copeland notes that real estate professionals have to adhere to at least four sets of compliance standards when it comes to social media: state real estate commission policies, NAR's Code of Ethics, their broker's policy, and the social media website's terms of service.

The cost to insure some of these mortgages is higher than what many real estate brokers charge for a full commission.

Agents need to know that their commissions are not protected — that brokers really know the Alberta Real Estate Act and what they can get away with.»

(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:

He blames the real estate broker owners and the real estate associations for our dwindling real estate commission, from the good old days of six per cent to the present deteriorating situation.

The Nebraska Real Estate Commission amended its regulations to require designated brokers to maintain the following records for five years: (1) records relating to all consummated real estate transactions; (2) all listing agreements (if the transaction was not consummated); (3) all agreements entered, but not consummated; (4) all broker's price opinions and market value analyses; and (5) records of all team members and team leadReal Estate Commission amended its regulations to require designated brokers to maintain the following records for five years: (1) records relating to all consummated real estate transactions; (2) all listing agreements (if the transaction was not consummated); (3) all agreements entered, but not consummated; (4) all broker's price opinions and market value analyses; and (5) records of all team members and team leEstate Commission amended its regulations to require designated brokers to maintain the following records for five years: (1) records relating to all consummated real estate transactions; (2) all listing agreements (if the transaction was not consummated); (3) all agreements entered, but not consummated; (4) all broker's price opinions and market value analyses; and (5) records of all team members and team leadreal estate transactions; (2) all listing agreements (if the transaction was not consummated); (3) all agreements entered, but not consummated; (4) all broker's price opinions and market value analyses; and (5) records of all team members and team leestate transactions; (2) all listing agreements (if the transaction was not consummated); (3) all agreements entered, but not consummated; (4) all broker's price opinions and market value analyses; and (5) records of all team members and team leaders.

Gross closed commission income: The total amount of commission income a real estate sales agent or broker receives from closed transactions.

Furthermore, the broker owners are powerless to interfere with the commission settings of the salespersons, some of whom would obtain listings of any remuneration, under the pressure of competition from other real estate peers.

Does your province allow me, a broker in Ontario, to list a property in Alberta on the Toronto Real Estate Board for $ 2.00 commission to cooperating brokers in Alberta, thus listing it on Realtor.ca ®.

Real estate broker's commissions, title insurance, legal fees, administrative costs, and inspection fees are all considered to be selling costs.

New York broker stripped of license for claiming an unearned commission, In the Matter of Emil T. Pagano and Irene F. Baker Real Estate Agency, 77 D.O.S. 99 (Apr. 12, 1999)

The upside to the lucrative packages is that agents receive more «bang out of their buck» to make more money selling real estate, even after paying the broker either a desk fee and / or a percentage of the gross commission.

Further, «where a real estate broker has an exclusive listing and has established that the property described in the listing agreement has been sold, a prima facie case is established for a commission upon the entire sales price.»

The Buyers also filed a complaint with the state's real estate commission against the Brokerage's principal broker and Hopkins, but the commission dismissed the complaint.

a) The governing contract between a seller and real estate broker for the payment of commission is the Listing Contract.

In cases where a real estate broker / agent receives a commission from the lender for the sale of a property owned by the lender (including an REO), individuals must only be licensed as a loan originator if they engage in the business of a loan originator.

Jim Mitchell, an attorney for the Florida Real Estate Commission, says Dogali's argument for the plaintiffs is «intriguing» and represents an important test case for brokers because it goes beyond the issue of disclosure, which has been the main concern of regulators.

Recent brokerage insolvencies and, in some cases, misappropriation of funds by brokers, have some real estate boards across the country looking towards Ontario and its commission protection insurance program to see if it might be an option to help protect their members» commissions as well.

Ronen Fishman, broker of record at Upperside Real Estate in Vaughan, Ont., says he is operating Canada's only full - service brokerage that offers sales reps 100 - per - cent commissions.