Comments on: How to Find a Good Realtor http://truthfullending.com/how-to-find-a-good-realtor/ Anything and everything Tue, 17 Jan 2012 15:36:28 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Wayne Pruner http://truthfullending.com/how-to-find-a-good-realtor/#comment-1549 Wayne Pruner Mon, 25 Jan 2010 06:20:53 +0000 http://truthfullending.com/?p=909#comment-1549 This is very sound advice. I have always thought that the requirements to become a real estate agent should be higher. It's too easy to get into real estate. Take a few online courses and you are in. I would like to see at least 2 years of college. Even better would be a real estate degree from a college. Oregon only recently made having a high school diploma a requirement. This is very sound advice. I have always thought that the requirements to become a real estate agent should be higher. It’s too easy to get into real estate. Take a few online courses and you are in. I would like to see at least 2 years of college. Even better would be a real estate degree from a college. Oregon only recently made having a high school diploma a requirement.

]]> By: Suze@ 100 Mortgage http://truthfullending.com/how-to-find-a-good-realtor/#comment-1509 Suze@ 100 Mortgage Tue, 06 Oct 2009 14:19:49 +0000 http://truthfullending.com/?p=909#comment-1509 I totally agree with your post, very much applicable to the current situation too, people always over-exaggerate numbers. I totally agree with your post, very much applicable to the current situation too, people always over-exaggerate numbers.

]]> By: David J Widell http://truthfullending.com/how-to-find-a-good-realtor/#comment-1503 David J Widell Tue, 15 Sep 2009 05:04:58 +0000 http://truthfullending.com/?p=909#comment-1503 The commission part is a little misleading... at least in Minnesota. Although we get about 6%, that is split multiple ways. In almost all cases about 3% is given to the buyer's agent. That leaves the seller's agent with 3%. Very often they must then split this with their broker. It is not uncommon for a 60/40 split. This means that on a 200K house, the seller's agent may be walking away with about $3,600. Still a good chunk of money but not the $14,000 many people are thinking when they read your comments. Thanks! David J Widell "Semper Fi" The commission part is a little misleading… at least in Minnesota. Although we get about 6%, that is split multiple ways. In almost all cases about 3% is given to the buyer’s agent. That leaves the seller’s agent with 3%. Very often they must then split this with their broker. It is not uncommon for a 60/40 split. This means that on a 200K house, the seller’s agent may be walking away with about $3,600. Still a good chunk of money but not the $14,000 many people are thinking when they read your comments.

Thanks!

David J Widell
“Semper Fi”

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