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Rasputin
Megastar Username: Rasputin
Post Number: 21216 Registered: 02-2008 Posted From: 104.139.86.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 29, 2017 - 03:00 pm: |
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Maverick:
yes same 859 number 01/06/2012 - 169.4; 8/1/2013 - 182; 9/23/2016 - 185.8 |
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Maverick
Legend Username: Maverick
Post Number: 64220 Registered: 01-2008 Posted From: 108.171.130.187
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 29, 2017 - 02:52 pm: |
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Rasputin:
will call u this weekend? same number? Happy Vizag |
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Maverick
Legend Username: Maverick
Post Number: 64219 Registered: 01-2008 Posted From: 108.171.130.187
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 29, 2017 - 02:52 pm: |
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Rasputin:Giving 50% of her money to get agency is bogus.
she is with a realty firm and she says what ever 3% seller gives, their company takes and gives the remaining to her as paycheck and she wants to give what ever that 50% after taxes( fence adi veyista ani telling) Happy Vizag |
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Rasputin
Megastar Username: Rasputin
Post Number: 21213 Registered: 02-2008 Posted From: 104.139.86.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 29, 2017 - 02:47 pm: |
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Mav ikkada NC lo most Realtors keeping 0.5-1% and returning the rest. But the rule is they won't do anything for you except signing papers and giving you money. Expensive homes ayithey $1500 teesukoni rest ichesthunnaaru. Giving 50% of her money to get agency is bogus. Most agencies have a flat rate of $400 - 500. Recently enno issues face chesa. I wish I knew, what I know now. Well, a lot of lessons learned, the hard way. 01/06/2012 - 169.4; 8/1/2013 - 182; 9/23/2016 - 185.8 |
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Abcdefghij
Hero Username: Abcdefghij
Post Number: 19468 Registered: 02-2007 Posted From: 108.252.234.222
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 29, 2017 - 12:30 am: |
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agent change is not easy and that too if you buy same house. kummestaru also if its new house, builders put fine print that agents cannot give discounts or giftcards etc and make them sign to give 1099...usually if builder reduced the home price . agent has to create an addendum stating that he will give some of his commission as closing cost. Post by Knf: bittter annai, welcome RS prakasam varaku madi, Prakasm nunchi UA vaaraku meeedi http://www.chalanachithram.com/cgi-bin/discus/show.cgi?tpc=115&post=5144373#POST5144373 |
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Sesani
Legend Username: Sesani
Post Number: 52382 Registered: 08-2014 Posted From: 69.114.184.2
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 11:54 pm: |
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Maverick:even though I don't approach the company? Agent approached me here.
Yup.. yevvaru yevvarni approach Aina agent can sue for commission in NJ ani cheppinru naaku agents ikkada.. |
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Maverick
Legend Username: Maverick
Post Number: 64191 Registered: 01-2008 Posted From: 68.50.111.95
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 11:49 pm: |
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Sesani:
even though I don't approach the company? Agent approached me here. Happy Vizag |
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Guriginja
Legend Username: Guriginja
Post Number: 36491 Registered: 02-2008 Posted From: 71.92.53.3
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 11:36 pm: |
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Sesani: This was confirmed by n agent to me and eventually I had to back off.
teleekunda sign chesina kuda buyer pocket lonunchi kuda katalsi ravocchu because contract prakaram patha agent ki 3% ravali..alage kotthodu vadi contract prakaram vadiki 3% so iddhariki kattataniki jebuki bokka padocchu ala chesthe |
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Guriginja
Legend Username: Guriginja
Post Number: 36490 Registered: 02-2008 Posted From: 71.92.53.3
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 11:34 pm: |
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Maverick:tell me ur opinion
CWB, REMAX, KW lanti national chains baga badhatharu...kottha agents ayithe 35-40% dobbutharu..sometimes there is transaction fee also that the broker collects in addition to this commission split, adhi yekuvemi vundadhu...antha % broker teesukuntunte oka $50-75. so 200K house konte 3% comision vasthe 6K..check will go to broker, broker vadi commision split pattukoni then will cut a check to agent. 65-35 split anukundham..agent ki 65% vasthundhi..so $3900. oka 15% federal and 6% state tax yesuko on average now you can calculate...adhi vasthundhi.....nenu paina cheppina big players kakunda local small time broker company like some xyz company ayithe max they will take is 30%, 80-20, sometimes 90-10(with a fixed transaction fee for each transactio of $295(naku telisindhi) vuntundhi...but agent will get a better cut with small time brokers...neku chupinchinathanu agent/ broker ayithe he pays no one....gets to keep the whole thing and pay taxes....klupthanga adanna mata. |
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Sesani
Legend Username: Sesani
Post Number: 52377 Registered: 08-2014 Posted From: 69.114.184.2
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 11:27 pm: |
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Mrhyderabad:
Guriginja:I know what I am talking, contract lekunna, agent neeku illu chupisthe you 'used' his services. You are his customer....aaa agent chupinchina illu nuvvu inko agent tho poyi konte he can sue you and get his commission.
+1.. Also if the new agent knows that u already are done with walk through with some other agent, they won't even become ur agent.. This was confirmed by n agent to me and eventually I had to back off. |
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Maverick
Legend Username: Maverick
Post Number: 64190 Registered: 01-2008 Posted From: 68.50.111.95
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 11:24 pm: |
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Guriginja:
tell me ur opinion Happy Vizag |
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Maverick
Legend Username: Maverick
Post Number: 64189 Registered: 01-2008 Posted From: 68.50.111.95
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 11:23 pm: |
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Cavs:
I posted that as her words Guru Tell me ur opinion. Im buying Happy Vizag |
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Guriginja
Legend Username: Guriginja
Post Number: 36489 Registered: 02-2008 Posted From: 71.92.53.3
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 11:22 pm: |
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Mrhyderabad:First, realize that if you have not signed a buyer's broker agreement, you are not owned by any real estate agent. No agent has claim on you, and you can switch an agent if you prefer.
I know what I am talking, contract lekunna, agent neeku illu chupisthe you 'used' his services. You are his customer....aaa agent chupinchina illu nuvvu inko agent tho poyi konte he can sue you and get his commission.
Mrhyderabad:Sometimes an agent won't want to let you go.
agent will not let go yendhi...it is the other way around..you are hiring the agent, you can fire him anytime you want, irrespective of the contract..3 months buyer agent agreement sign chesina next day ne fire cheyocchu, but adhi sign chesina taruvatha, fire cheyaka mundhu neeku agent okka illu chupettina, aa illu nuvvu konte he gets his commission...you signed a contract I will not let you ani yevadanna agent chepthe he is violating law, burrunnodu yevadu cheyadu...RE commision ki complaint chesthe licence peeki dobbuthar. |
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Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 12623 Registered: 01-2008 Posted From: 47.187.2.192
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 11:16 pm: |
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Guriginja:
Sesani:
https://www.thebalance.com/switching-agents-how-do-i-change- agents-1798874 First, realize that if you have not signed a buyer's broker agreement, you are not owned by any real estate agent. No agent has claim on you, and you can switch an agent if you prefer. Sometimes an agent won't want to let you go. The agent has no choice if you have not signed a contract, but it doesn't mean the agent will back off gracefully. Some agents are very desperate for business and some have learned that if they plead and get down on bended knee, clients will change their minds about switching agents. Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
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Sesani
Legend Username: Sesani
Post Number: 52368 Registered: 08-2014 Posted From: 69.114.184.2
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 10:57 pm: |
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Guriginja:
same in NJ... If u do a walk through with an agent.. legally ur supposed to work with them.. if u switch the agent later.. the agent can sue for the commission... |
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Guriginja
Legend Username: Guriginja
Post Number: 36487 Registered: 02-2008 Posted From: 71.92.53.3
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 10:54 pm: |
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Mrhyderabad:That's not true or may not be applicable to all states
in GA it is...pretty most states anthe..CA, NY NJ gatra teleedhu south mottham anthe..vokadu supettina taruvatha inkokaditho pothe....vadiki telisi case yesthe itthade...contract lekunna kuda...you are his/ her customer period. |
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Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 12622 Registered: 01-2008 Posted From: 47.187.2.192
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 10:53 pm: |
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Guriginja:ou don't need to have a contract, if an agent shows you a house, you are his customer, whether there is a written contract or not.
That's not true or may not be applicable to all states Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
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Guriginja
Legend Username: Guriginja
Post Number: 36481 Registered: 02-2008 Posted From: 71.92.53.3
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 10:41 pm: |
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Maverick:my listing company takes 50%
depends on the broker, national franchises like keller williams, CB, remax, etc take a lot but the max I heard of is 65-35 or 60 40. 50-50 yevadu teesukodu...unless taxes kuda kalipithe tappa....atleast nenu vinaledhu....aa income/ commission ki federal tax about 15%, state oka 6% kuda kalipi check chesuko, it might come to 50% |
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Guriginja
Legend Username: Guriginja
Post Number: 36480 Registered: 02-2008 Posted From: 71.92.53.3
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 10:38 pm: |
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Mrhyderabad:if you don't have a contract with the agent then you can switch to different agent legally but then whether it is right thing to do or not anedi diff question
you don't need to have a contract, if an agent shows you a house, you are his customer, whether there is a written contract or not. |
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Cavs
Junior Artist Username: Cavs
Post Number: 14 Registered: 04-2017 Posted From: 107.11.34.82
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 10:32 pm: |
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Maverick:my listing company takes 50%
I assumed based on this listing company. |
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Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 12621 Registered: 01-2008 Posted From: 47.187.2.192
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 09:38 pm: |
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Maverick:
if you don't have a contract with the agent then you can switch to different agent legally but then whether it is right thing to do or not anedi diff question Or offer her you will pay her 1000 or some other amount to peacefully get out of the situation But have confirmation with another agent for higher cash back before you do the above step Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
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Maverick
Legend Username: Maverick
Post Number: 64188 Registered: 01-2008 Posted From: 108.171.130.188
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 09:24 pm: |
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Cavs: it seems like you are selling your house,
no, buying ee..which part of my post says i am selling Happy Vizag |
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Maverick
Legend Username: Maverick
Post Number: 64187 Registered: 01-2008 Posted From: 108.171.130.188
Rating:  Votes: 1 (Vote!) | | Posted on Friday, April 28, 2017 - 09:23 pm: |
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Mrhyderabad:does she work for Redfin ?
no john l scott ani some firm..as i said, hardly 24 hours is her total effort..showed only 2 homes which we didnt like, then this new home anthe.. closing inka avvaledu..can we talk to seller and change the contract or re do it with different agent or no agent Happy Vizag |
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Cavs
Junior Artist Username: Cavs
Post Number: 13 Registered: 04-2017 Posted From: 107.11.34.82
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 09:21 pm: |
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Maverick:
You can ignore my previous posts. it seems like you are selling your house, I heard that even seller agents will reduce their commission but I am not sure about the process. Your agent may be right whatever he said. |
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Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 12620 Registered: 01-2008 Posted From: 47.187.2.192
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 09:20 pm: |
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Maverick:
does she work for Redfin ? If they spent lot of time with you understanding your requirements and showed around multiple homes then it is worth paying that fee This is internet / mobile app age, you can do most of the research that any agent can do... like comp reports, tax records and property history etc Desis in dallas with license are sitting at home and making at least 4-5k per month easily by just sharing their license number and exchanging couple of emails For new homes you should get more than 3-4%... I heard some radio ads by desis where they were announcing 5% cash back for new homes Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
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Gochi
Side Hero Username: Gochi
Post Number: 2805 Registered: 12-2006 Posted From: 64.121.67.210
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 09:07 pm: |
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Mrhyderabad:I never met my desi agent in person and he did all paper work via email and sent back check for 29k from 30k check
3% = 30k ante mee illu 1 Million annamaata...
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Maverick
Legend Username: Maverick
Post Number: 64185 Registered: 01-2008 Posted From: 108.171.130.188
Rating:  Votes: 1 (Vote!) | | Posted on Friday, April 28, 2017 - 09:06 pm: |
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Onlytruth:
Mrhyderabad:and sent back check for 29k from 30k check
idi choosava..nenu expect chesindi chala takkuva.. when there is no company involved..i didnt approach her company to show me homes..why should i care where she works on whats her dealing with her firm. if it was a independent agent, we both could have benefitted kada Happy Vizag |
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Cavs
Junior Artist Username: Cavs
Post Number: 12 Registered: 04-2017 Posted From: 107.11.34.82
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 09:05 pm: |
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Maverick:
Two years back i bought my home and I checked all these things, Legally, buyer agent no need to pay you back, just to earn your business they do this through back door. On the records he gets all the 3% commission and he will pay you back with cash so that there will no tracking on that transaction. Usually they keep 1.5 % of the commision, if someone is going to keep 1% and pay back 2% is really a good deal. |
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Onlytruth
Legend Username: Onlytruth
Post Number: 194575 Registered: 01-2007 Posted From: 45.29.50.49
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 09:04 pm: |
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Free ga 7,500 denkeddham anukunnara ? |
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Onlytruth
Legend Username: Onlytruth
Post Number: 194574 Registered: 01-2007 Posted From: 45.29.50.49
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 09:03 pm: |
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What he said is correct |
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Maverick
Legend Username: Maverick
Post Number: 64184 Registered: 01-2008 Posted From: 108.171.130.188
Rating:  Votes: 1 (Vote!) | | Posted on Friday, April 28, 2017 - 09:01 pm: |
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Mrhyderabad:If yes, then u can work with a desi agent who can give most of it back except 1000 bucks or so.
desi agent ee..but works for a company and she says my company takes that 3%..i didnt approach the company in the first place..she approached us ( fb lo friend of a friend just hi hi types)..i would not even go with her if she had 50% obligation with the company she works for.. inta chesi idi new home..she just showed 2 homes..hardly spent probably 10-12 hours on the whole process Happy Vizag |
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Cavs
Junior Artist Username: Cavs
Post Number: 11 Registered: 04-2017 Posted From: 107.11.34.82
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 08:53 pm: |
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Maverick:
buyer agent also need to pay their agent office some portion of the money and also he needs pay tax for the 3% amount of the 15000$. Also he will take some commission for his service. So most of the buyers agent will hold 1.5 % due to these changes and pay you remaining 1.5%. Usually these agents tax bracket are high so they end up paying more tax for the 3% commision they get from the seller. These buyer agents will pay you back with cash because it is unoffcial. |
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Siloan
Legend Username: Siloan
Post Number: 49857 Registered: 03-2008 Posted From: 65.24.38.103
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 08:47 pm: |
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Maverick:
neeku 1099 meedha check isthe tax kattukovaali ga |
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Maverick
Legend Username: Maverick
Post Number: 64183 Registered: 01-2008 Posted From: 108.171.130.188
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 08:45 pm: |
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Bithiri_bathi:in your case adhi true
what is true? Happy Vizag |
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Mrhyderabad
Hero Username: Mrhyderabad
Post Number: 12619 Registered: 01-2008 Posted From: 47.187.2.192
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 08:43 pm: |
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Maverick:
first check if it is legal in that state If yes, then u can work with a desi agent who can give most of it back except 1000 bucks or so. Dallas area lo there are lot of desi IT guys and others who clear the exam and get license and they usually keep 1000 or 1500 and give rest of it back I never met my desi agent in person and he did all paper work via email and sent back check for 29k from 30k check Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
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Bithiri_bathi
Comedian Username: Bithiri_bathi
Post Number: 1740 Registered: 04-2016 Posted From: 73.241.241.99
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 08:36 pm: |
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Maverick:
Individual company ki work cheyyani realtors tho velthey you will get 7500$ in your case adhi true |
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Maverick
Legend Username: Maverick
Post Number: 64182 Registered: 01-2008 Posted From: 108.171.130.187
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, April 28, 2017 - 08:27 pm: |
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What is the norm? say 500k home, 3% seller pays buyer agent. thats 15k, agent says i give 50% of my commision to u, so expecting 7500. is taht correct? agent now says my listing company takes 50% and gives me paycheck and i give 50% of that after taxes. is that fair?..verasi peanuts Happy Vizag |