What can a real estate agent and broker require you to sign in a real estate deal?
Q. I am in escrow on some property in which the seller and his real estate agent were not very forthcoming in their disclosure statements. Through a third party I found out some things about the property that are detriments (such as occassional flooding) but I am willing to overlook them and still purchase the property. I have released all my contingencies and we have a close date set. My real estate agent happened to tell the seller's real estate agent that we found out some of these things on the property - most importantly about the flooding - and now the selling real estate agent wants me to sign a bunch of documents listing out what I found out as if she had told me about them. I don't want to do it - it took considerable effort… [cont.]
Asked by Lisa L - Fri Feb 16 19:53:46 2007 - - 4 Answers - 2 Comments

A. You have a legal and binding contract. all disclosures within the contract should be what the seller knows about the property. Now the other agent cannot FORCE you to sign anything. Basically what the agent is trying to do is cover his clients ass- if the selling side has a problem with it you can always take it before arbitration (see how they like that). Either way the selling agent is not within his rights to present other docs. for disclosures, nor do you let them off the hook. You will have no recourse if you do. Hope this helps.
Answered by sylviavnpttn - Fri Feb 16 21:02:13 2007

How do part time real estate agent make money when their not selling homes?
Q. I'm freshly into real estate. I'm curious as to how other people make a living when the market is down and you have no homes listed with you being sold. Even full time agents also. What type of ways do you find income rather than selling a home. I would like any experienced real estate person to answer. I know everyone says don't get into real estate becuase its 100% commission, but I love it. But I need some good advice. Please help. Thank you.
Asked by JARES - Wed Jan 23 18:35:13 2008 - - 4 Answers - 0 Comments

A. I have been a Realtor for 22 years and have worked full time and it is my primary source of income. Through the slow times I have built houses, bought and remodeled homes and sold them or kept as rental, worked for appraisers, and anything I can do to offset the lack of income. If being in real estate is what you enjoy...find something that you enjoy but involves the business. You might think about doing some property management. I recommend that if you have not been in the business very long...get involved in everything you can to socialize and widen your sphere of influence. Charity work will payoff in your heart and you will be amazed at the customers you can reach. You may have to find a part time job to get you through the lean… [cont.]
Answered by Tres7 - Thu Jan 24 00:36:15 2008

What is real estate investing and is it good to invest in it?
Q. Im in 12th grade about to graduate and plan on investing, How would you invest in real estate threw ETF'S? or something else? are their any negatives investing in real estate?
Asked by Jerett - Tue Mar 23 20:36:39 2010 - - 2 Answers - 0 Comments

A. An ETF for REITs you mean? Any way there are several ways you can begin to invest in real estate. A REIT or real estate investment trust is a kind of stock that represents a share in a RE investment company. REITs usually specialize in rental housing or commercial property. There are many specialties within these categories as well. Law requires REITs to pay out almost all income back to shareholders as dividends. REIT shares are usually pretty easy to buy and sell, so they are a decent way to start. If you want to be a real real estate investor however, you have to buy and lease or sell property in your own right or with partners. One of the key reasons for this is leverage. When buyinf REIT shares you are buying straight-up equity. But… [cont.]
Answered by Sean - Tue Mar 23 20:48:55 2010