Sentences with phrase «referred by their real estate agent»

As a result, many home buyers end up choosing a mortgage lender referred by their real estate agent.

Forty - one percent were referred from a friend, family, neighbor, or relative; 12 percent used the same agent they had worked with in the past; and 5 percent were referred by another real estate agent, according to the National Association of REALTORS ®» 2015 Profile of Home Buyers and Sellers report.

Not exact matches

we actually had to stop doing inspections for real estate agents and their family members because they would call us for their inspection but never refer us to their clients, which was fine by us..

You may have been referred to them by a real estate agent, which also puts that agent's reputation on the line.

The December 21, 2009, In the Matter of an Anonymous Member of the South Carolina Bar opinion by the South Carolina Supreme Court involved a lawyer issuing discount coupons through the lenders and real estate agents who referred business to him.

Most notably, it signals a shift in how lenders (and all settlement service providers) must change the way they engage with real estate agents who refer them business in order to be compliant from a RESPA regulations standpoint, as well as with updated new rules by the CFPB.

When asked how they found their real estate agent, 43 percent of all buyers and 41 percent of all sellers said they were referred by a friend, neighbor, or relative, according to the NATIONAL ASSOCIATION OF REALTORS ® 2007 Profile of Home Buyers & Sellers.

Most notably it signals a shift in how lenders (and all settlement service providers) must change the way they engage with real estate agents who refer them business in order to be complaint from a RESPA regulations and updated new rules by the CFPB standpoint.

When I was totally alone initially as I opened my boutique real estate corp. an agent from a major franchise filed an official board complaint about my use of corp. «we» (I referred him and the board to my corp lawyer); by the way I still have the same corp lawyer after 28 years (initially he and his family were clients in the mid-eighties); and the same agent, separately, complained about my market share stating to the board that it was making it sound like he wasn't doing any or enough business... Huh?

According to the 2011 National Association of REALTORS ® Profile of Home Buyers and Sellers, 41 percent of all buyers found their real estate agent by referral from a friend, neighbor or relative while 39 percent of all sellers were referred to their agent.

PropertyGuys.com attributes this to the lack of information provided to the public on the true cost of the specific activities performed by agents - this is what the company refers to as the «real estate agent black box».

(2) By agreement between the brokerage and the client, the brokerage may designate one or more licensees to provide real estate services to or on behalf of a client as a designated agent, and in such a case, the duties referred to in section 3 - 3

79 DOS 99 Matter of DOS v. Pagano - disclosure of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof of proper service; DOS has jurisdiction after expiration of respondents» licenses as acts of misconduct occurred and the proceedings were commenced while the respondents were licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering into listing agreement and fails to timely provide agency disclosure form to buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using exclusive right to sell listing agreement without mandatory definitions of «exclusive right to sell» and «exclusive agency»; broker breaches fiduciary duties to seller clients by misleading them as to buyer's ability to financially consummate the transaction; broker breaches his fiduciary duty to seller by referring seller to the attorney who represented the buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half of any deposit if forfeited by buyer as such forfeiture clause could, by its terms, allow broker to retain part of the deposit when broker did not earn a commission; broker must conduct business under name as it appears on license; broker engaged in the unauthorized practice of law in preparing contracts for purchase and sale of real estate which did not contain a clause making it subject to the approval of the parties» attorneys and were not a form recommended by a joint bar / real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted as undisclosed dual agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope of their authority; corporate and individual brokers» licenses revoked, no action taken on application for renewal until proof of payment of sum of $ 2,000.00 plus interests for deposits unlawfully retained

The National Association of REALTORS ®» 2016 Profile of Home Buyers and Sellers shows that 53 percent of buyers and 64 percent of sellers use a real estate agent or broker who was referred to them by a friend, neighbor, or relative or who they have worked with in the past.

The Real Estate Boards and Real Estate Councils should stop lying to the public by referring to such agents as «real estate professionals.&raReal Estate Boards and Real Estate Councils should stop lying to the public by referring to such agents as «real estate professionals.&Estate Boards and Real Estate Councils should stop lying to the public by referring to such agents as «real estate professionals.&raReal Estate Councils should stop lying to the public by referring to such agents as «real estate professionals.&Estate Councils should stop lying to the public by referring to such agents as «real estate professionals.&rareal estate professionals.&estate professionals.»

All real estate brokers / agents are referred based on their information published by the Council of Residential Specialists.

ReferralExchange.com shall, within a reasonable period of time following receipt of the applicable Commission, promptly pay to Referring Agent an amount equal to a maximum of twenty - five percent (25 %) of the gross referred side commission calculated on a minimum of two percent (2 %) gross sale price prior to any allocation of a payment to another party (including but not limited to any split between Agent and Agent's broker and any referral fee payments to other third parties), or up to a maximum of seventy - one and four - tenths of one percent (71.4 %) of the amount actually received and recognized by ReferralExchange.com, after each of the following have occurred: (a) the Customer referred by Referring Agent becomes part of ReferralExchange.com's referral network, (b) such Qualified Customer completes a Qualified Transaction, and (c) such Qualified Transaction results in a Commission paid to ReferralExchange.com; provided, however, that ReferralExchange.com shall not be required to make any payment to Referring Agent if Referring Agent is in breach of these Agent Terms at the time of such payment, or if such payment is prohibited by law, including but not limited to instances in which Referring Agent is not an actively licensed real estate sales agent or broker at the time payment is to be made.

We were referred to Verl Workman by a trusted colleague in the industry and after only one year of coaching, we've transitioned into a fully successful real estate business with three employees and five licensed agents.