Posts by Elliott Caplan
Ask Elliott #24: My Buyer, or Not?
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I have a buyer that I have been taking out for over a month. I have shown her over 25 properties. I took her to one and she said she had seen this one with another Realtor more than a month ago. I continued to show her other properties. Now that she has seen so [...]
Ask Elliott #23: Advertising
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My question of the day is advertising related. I understand that with the exception of business cards the company name must be a larger typeface than the agent name. My question is specifically re: phone numbers. Does the agency phone number have to be larger than the agents? [...]
Ask Elliott #22: Foreign Investors
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I have a group of investors who are neither citizens nor legal residents that wish to buy some residential property. Is there any way for them to do so? Can they form a corporation and have the corporation buy the properties? [...]
Ask Elliott #21: Price on Sign?
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I want to place a “For Sale” sign outside a property with a price on it. For example: “Only $750,000.00 subject to bank approval” I am concerned that this does not violate any real estate laws or rules. [...]
Ask Elliott #20: CIS at Open House
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CIS for open house: Give one to guest? Acting as a seller’s agent? I heard that it is not necessary to have them or give them out at open houses, but I do not believe this. [...]
Ask Elliott #19: Can I Also Be a Mortgage Rep?
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Is it legal to be involved in the sale of a home and do the mortgage for that property as well? How about if I were to do a mortgage for someone that is completely separate from any real estate transaction? [...]
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Ask Elliott #18: Sign Requirements
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We were called by another broker and told that our pointers for the open house must have our phone number on it and not just the generic name of our company. The home has a sign that contains the full office name and phone number. Can an open house pointer just be the arrow and [...]
Ask Elliott #17: Branding
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Could you explain what is a branded or non branded web site? What is legal as far as MLS and Realtor laws? BM [...]
Ask Elliott #16: Setting Up a Referral Company
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This website is great, I hope it leads to bigger successes down the road. How does a company set up a “Refferral” company for nonactive agents to hang their licenses ? Can’t seem to find the info anywhere. Thank you. RS [...]
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Ask Elliott #15: Can a Seller Change Commission Terms?
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A contract is written for a lease-purchase agreement, allowing for a 2.5% commission to the selling agent. After the lease term, the Purchaser’s lender requires a “new” contract be prepared and the Purchaser’s agent does not prepare the contract as she is on vacation. Seller’s agent prepares the contract and Seller, angered by the lack [...]
Read More... from Ask Elliott #15: Can a Seller Change Commission Terms?