Real Estate Jargon: "Broker Compensation From Buyer" - 02/28/11 01:14 PM
Buyers, sellers, investors, welcome back to another installment of Real Estate Jargon, aka, simple explanations of real estate terms not normally found in nature.
Compensation to real estate brokers, seller's broker and buyer's broker, is typically a commission paid by the seller upon completion of a real estate transaction.  However, here in California, the standard California Association of REALTORS® residential listing form (CAR Form RLA) states in Section 29:  "If applicable, upon Close of Escrow, Buyer agrees to pay compensation to Broker as specified in a separate written agreement between Buyer and Broker."  That written agreement is usually a standard form … (1 comments)

Real Estate Jargon: "Non-Refundable" and "Pass-Through" Purchase Deposits - 02/05/11 03:06 PM
Buyers, sellers, investors, welcome back to another installment of Real Estate Jargon, aka, simple explanations of real estate terms normally not found in nature.
Real estate purchase contracts have a lot of moving parts and smart negotiators know how to align those parts to create an offer that stands out from the others.  Even in down markets, some properties receive multiple offers and the winning offer can be tough for a seller to choose.
Today, we'll take a look at making an offer stronger with "non-refundable" and "pass-through" security deposits.
Of the dozen+ features that a buyer might use to make … (1 comments)

 
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John Souerbry - Luxury Homes, Land, Investments

Palo Alto, CA

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John A. Souerbry & Associates - Bay Area Real Estate

Address: PO Box 61192, Palo Alto, CA, 94306

Office Phone: (650) 815-6182

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