broker fees | firsttuesday Journal

Form-of-the-Week: Expired listings — Forms 122, 123 and 123-1

by ft Editorial Staff | Sep 19, 2022 | Buyers and Sellers, Forms, Real Estate | 0

An agent who was the procuring cause for a sale in an expired listing uses RPI Forms 122, 123 and 123-1 to demonstrate and demand the collection of their fee.

Letter to the editor: May a commercial landlord’s broker refuse to pay a fee to the tenant’s broker upon renegotiation of the lease?

by ft Editorial Staff | Aug 15, 2022 | Letters to the Editor, Property Management, Real Estate, Your Practice | 2

Under what circumstances is a landlord required to pay another broker fee?

Agent paychecks soar — but agent fee rates plunge in 2021

by Carrie B. Reyes | Mar 7, 2022 | Real Estate, Recessions, Your Practice | 0

With fewer listings to go around — and higher prices to count on to boost their incomes — agents feel comfortable accepting lower fee rates to ensure they reap the benefits of an exclusive listing.

Form-of-the-Week: Good Faith Estimates of Seller’s Net Sales Proceeds and Buyer’s Acquisition Costs — Forms 310 and 311

by ft Editorial Staff | Dec 13, 2021 | Forms, Real Estate | 0

RPI Forms 310 and 311 inform buyers and sellers on the amounts they either have available to fund the purchase of a property or will receive on a sale of their property.

Form-of-the-Week: Identification of Prospective Buyers and File Activity Sheet – Forms 122 and 520

by Amy Perry | Apr 1, 2021 | Forms, Real Estate | 0

The seller’s listing: perfecting the right to a fee for assisting buyers.

Form-of-the-Week: Demand for payment of a fee – Forms 123 and 123-1

by ft Editorial Staff | Nov 9, 2020 | Forms, Real Estate | 0

Want to know more about safety clauses in listing agreements? Forms 123 and 123-1 help agents and brokers initiate collection of an earned fee.

Form of the week: Broker Referral and Finder’s Fee Agreements – Forms 114 and 115

by Danielle Keating | Jul 14, 2020 | Feature Articles, Forms, Laws and Regulations, Real Estate | 0

The Broker Referral Fee Agreement acts as documentation for the referral fee, which is not fully clarified in an oral agreement.

Letter to the editor: When may a broker receive a fee for assisting a client in an out-of-state real estate transaction?

by ft Editorial Staff | Jun 9, 2020 | Buyers and Sellers, Letters to the Editor, Your Practice | 0

The answer depends on the state within which the property is located.

The most profitable places to be an agent in California

by Carrie B. Reyes | Jun 27, 2017 | Feature Articles, first tuesday Local, Home Sales | 0

The California metros where agent fees are highest, and most plentiful.

Death of an agent: What happens to fees delivered after death?

by Carrie B. Reyes | Nov 15, 2016 | Feature Articles, Your Practice | 2

Who receives your fee if you die during a pending real estate transaction?

Fee splits: time to rethink your fee arrangements

by Sarah Kolvas | Dec 8, 2015 | Reader Polls, Real Estate, Your Practice | 0

Learn how to handle low fee split offers in a seller’s listing through negotiations.

The property management agreement – authority to operate rental property

by ft Editorial Staff | Oct 30, 2015 | Forms, Real Estate | 0

Form-of-the-Week: Property Management Agreement – Form 590 Short-form vs. long-form property...

Demand for broker’s fee earned under the safety clause

by ft Editorial Staff | Jul 27, 2015 | Forms, Real Estate, Your Practice | 0

The safety clause preserves earnings for having relayed detailed property information to prospective buyers during the listing period.

Time is money — but how much varies on time spent and your location

by Carrie B. Reyes | Apr 28, 2014 | Real Estate, Your Practice | 0

How much is your time worth? It largely depends on where you live.`

Creative broker fees: the logistics

by Carrie B. Reyes | Mar 11, 2014 | Real Estate, Your Practice | 0

Learn how to offer innovative fee structures to attract the most clients.

Brokerage fees, revisited

by Carrie B. Reyes | Jan 22, 2014 | Real Estate, Your Practice | 2

Find out how one agent gets creative with brokerage fees.

Bypassing the broker: the web as the new agent on the block

by Matthew Shade | Oct 21, 2013 | Real Estate | 0

With the influx of sellers also comes an expansion of homes listed on the internet for sale without broker representation, known as for sale by owner (FSBO).