Search Results for: pocket listing

Open House Form for Buyers Listing brokers always split their commission with buyer brokers. But what if the buyer represents himself - shouldn't the buyer get that money?   The current practice is for the listing broker to pocket the whole thing (Realtors call this a "hogger").   And, if a buyer walks into an open … Continue reading "FORM – Open House Form for Buyers"

Stop Home Warranty Companies' Bribes to Realtors Please read our attached comment letter to HUD regarding the issue of Home Warranty Companies' paying fees to Realtors.   Although we believe this conduct has always been illegal, HUD wants to clarify their position on this and we support them. Unfortunately, the National Association of Realtors has … Continue reading "Buyers – Stop Home Warranty Companies’ Bribes to Realtors"

Buyer Representation Contract Clauses At the bottom of the page are ideas that might improve your Buyer Representation contract.   They are not intended to be comprehensive or replace the advice of legal counsel (which we do recommend that you obtain). These clauses may be added together as an addendum or separately to your contract. Please … Continue reading "Buyer’s Representation Contract Clauses"

How to buy a house 80% of home buyers find the home they want to buy on the internet and without a Realtor. However, most of those buyers, even the "do it yourselfers," end up unwittingly forfeiting their right to get their own buyer broker and end up putting thousands of extra dollars in the … Continue reading "Buyers – How to buy a house"

How To Search for a Home Online Searching for a home online is fraught with consumer dangers.This article will address a few of the problems and how to avoid them. Perhaps the most important FIRST STEP in searching online for a home is finding the best online home listing services  (home search engines) that are … Continue reading "Buyers – How To Search for a Home Online"

Watch Out for Minnesota Realtor Forms Because CAARE is located in Minnesota, we know more about the anti-consumer practices here than any other state. This is especially true of the anti-consumer forms used to engage Realtors and to buy or sell real estate. Since there are far superior alternatives to the Realtor forms, we highly … Continue reading "Watch Out for Minnesota Realtor Forms"

Resources for Home Buyers Resource for Home Buyers Click on the Topic that Interests You: How to Buy a House Searching Online Negotiating with Realtors Buyer Broker Contract Clauses Open Houses "Coming Soon" Listings (a Trap for Buyers and Sellers) Real Estate Attorneys Exclusive Buyer Agents - Our List Agents Who Rebate - Discounts on … Continue reading "Resources for Home Buyers"

Designated Agency - Is It Fraud? Agents from the same brokerage firm cannot negotiate on behalf of buyers and sellers in the same transaction.   Despite heavily lobbied for laws that have “legalized” this impossible relationship, designated agency is a legal fiction that harms consumers.  Just because it is legal, does not mean that it … Continue reading "Designated Agency – Is It Fraud?"

How To Search for a Home Online Searching for a home online is fraught with consumer dangers. This article will address a few of the problems and how to avoid them.   Perhaps the most important FIRST STEP in searching online for a home is finding the best online home listing services  (home search engines) that are … Continue reading "How To Search for a Home Online"