[007 license to sell]

Originally Posted by airics

in post licensing class, it was taught that if the seller allows or wants you to disclose, you can... if a seller doesn't want to his realtor to submit offers below a certain amount, the realtor doesn't have to ...etc... How long have you been a realtor in Nevada?

I still don't understand what post licensing had to do with what the initial inquiry was about. I was addressing the fact that the agent for wolfgang being a dual agent may have violated their code of ethics. And if he isn't comfortable with what his realtor is doing to either find another realtor or speak to that realtor's broker.

And even though your question has nothing to do with wolfgang's question I have been a realtor for a while and if your a realtor you can look me up in Glvar and if your interested in using my services as a buyers agent I will gladly speak to you about my qualifications and supply references. I am a primarily a buyers agent and on occasion will list a property but only for my previous customers.

[airics]

Originally Posted by 007 license to sell

I still don't understand what post licensing had to do with what the initial inquiry was about. I was addressing the fact that the agent for wolfgang being a dual agent may have violated their code of ethics. And if he isn't comfortable with what his realtor is doing to either find another realtor or speak to that realtor's broker.

And even though your question has nothing to do with wolfgang's question I have been a realtor for a while and if your a realtor you can look me up in Glvar and if your interested in using my services as a buyers agent I will gladly speak to you about my qualifications and supply references. I am a primarily a buyers agent and on occasion will list a property but only for my previous customers.

umm.. i'm licensed... hello....

[007 license to sell]

Originally Posted by airics

umm.. i'm licensed... hello....

Your funny, I forgot your the grouch

[VerdeOjos5]

so for the realtors on here who are usually very helpful, the ones that show rentals... what is the likely time frame that you get a place from when you apply for one? and how does it work if I am just searching the MLS for rentals and see some that I like, they usually have the realtor associated with listing the house... do i have to contact that person? I mean, that would mean quite a few different people to contact... any useful hints for someone looking to rent a house? I just know I won't have a lot of time between looking and actually having to move...and what the qualifications are, things needed... etc. etc. Thanks for your answers!

[olecapt]

Originally Posted by VerdeOjos5

so for the realtors on here who are usually very helpful, the ones that show rentals... what is the likely time frame that you get a place from when you apply for one? and how does it work if I am just searching the MLS for rentals and see some that I like, they usually have the realtor associated with listing the house... do i have to contact that person? I mean, that would mean quite a few different people to contact... any useful hints for someone looking to rent a house? I just know I won't have a lot of time between looking and actually having to move...and what the qualifications are, things needed... etc. etc. Thanks for your answers!

You can contact Airics, oo7 or I. We can provide you with the listings and show you the places. It is easier to work with one RE Agent though you will likely have to contact the listing agent when you decide to rent one.

In general the rentals won't go past 30 days before starting the lease. On some of the lower ones they want you leasing in less than two weeks. You can sometimes negotiate better periods on expensive ones...above $2,000.

[wolfgang405]

Thanks for the replys, I have another question. I was told by this realtor that in order to make an offer in Vegas I had to send a check for 2000.00 with my offer as good faith. Is this true ? I just made an offer in Florida on a repo over the phone, nothing else.

[olecapt]

It is true. No particular reason for it...more local custom. Even on a european client who will wire the earnest money I acquire a check. That and the 113 waiver of seller disclosure are the only real documents that exist nowadays.

[MadManofBethesda]

Originally Posted by wolfgang405

Thanks for the replys, I have another question. I was told by this realtor that in order to make an offer in Vegas I had to send a check for 2000.00 with my offer as good faith. Is this true ? I just made an offer in Florida on a repo over the phone, nothing else.

To answer your question, it is customary in most if not all markets in the country to submit a check for the earnest money deposit with your offer. The check is made out to the title company and will not be cashed unless and until your offer is accepted. Over the past few months, I submitted offers on two separate houses in Las Vegas; the first one required a check in the amount of $10,000 and the second one required $20,000. The first one was returned when the negotiations ended and we walked away; the second one was cashed by the title company and will be held in escrow until closing.

With respect to your comment about your offer in Florida, that would have been an "unofficial" offer that could not have been acted upon by the seller without you subsequently putting it in writing. Although you can have a verbal contract in other matters; all real estate contracts must be in writing.

[olecapt]

Originally Posted by MadManofBethesda

To answer your question, it is customary in most if not all markets in the country to submit a check for the earnest money deposit with your offer. The check is made out to the title company and will not be cashed unless and until your offer is accepted. Over the past few months, I submitted offers on two separate houses in Las Vegas; the first one required a check in the amount of $10,000 and the second one required $20,000. The first one was returned when the negotiations ended and we walked away; the second one was cashed by the title company and will be held in escrow until closing.

With respect to your comment about your offer in Florida, that would have been an "unofficial" offer that could not have been acted upon by the seller without you subsequently putting it in writing. Although you can have a verbal contract in other matters; all real estate contracts must be in writing.

It is reasonably common to dicker verbally. You are of course correct that it is not enforcable. But once you conclude the dicker you put it all in writing...that is when you often find out that the two sides don't quite agree on what was arrived at verbally.

In some places they don't start with a contractual offer. They use some form of a binder or letter of intent and the contract comes later in the process.

[007 license to sell]

Originally Posted by wolfgang405

Thanks for the replys, I have another question. I was told by this realtor that in order to make an offer in Vegas I had to send a check for 2000.00 with my offer as good faith. Is this true ? I just made an offer in Florida on a repo over the phone, nothing else.

99.9% of my clients don't live here and most of the time offers are made before they get here. I find by having the funds electronically wired to the title company faster and less of a hassle then providing a check.

What I and other agents usually do for out of out of state clients and clients that live in other countries,will write the contract verbiage to state that the Earnest money will be electronically wired to the title company upon acceptance along with a proof of funds letter,I have never had a offer rejected by doing this.

It's easier for the buyer, because once the offer is excepted the title company will contact the buyer with wiring instructions, the buyer makes a call to the bank with the wiring instructions, instead of having to wait for the check to be mailed.

This is just one way to take care of handling any kind of funds,each realtor has their own way of doing things.