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How to Save Real Estate Contract

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In this video tutorial, the host discusses his approach to real estate investment, sharing that he aims to save $57,000 to buy a house and avoid IRS payments this year. He reflects on how he learned about real estate by watching others and introduces a property acquired through an executory contract, which will transition into a sub-2 deal. The episode emphasizes authenticity in the real estate business, addressing criticisms of gurus who don’t practice what they preach. Although the host is limited in sharing specific details like addresses due to YouTube policies, he invites viewers to see the property firsthand.

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How many houses do most realtors sell a year?

So How Many Houses Does a Realtor Really Sell Each Year? Only a small number of realtors sell more than a hundred homes a year, and the majority sell anywhere between 2-10 homes a year. Further, first-year or those just starting as realtors usually sell the least number of homes.

What is the longest period a listing contract can last?

Most agents want 6 months plus for a listing. Theres no limit. Only the one the Realtor and the seller agrees to. Jose, you can set the agreement effective period for any time you and the seller agrees, however, remember that the seller can still terminate at any time.

How many hours a week do most realtors work?

Most real estate brokers and sales agents work full time, and some work more than 40 hours per week. Work schedules may vary and often include evenings and weekends to accommodate clients schedules.

What happens if you back out of a real estate deal?

Backing out of an offer for a non-contingent reason means you risk losing your earnest money. Since you put that money down based on the promise that you would follow through with the contract, backing out for any reason thats not outlined in the agreement means the seller is legally permitted to keep your money.

Whats the purpose of the earnest money deposit?

Earnest money, or good faith deposit, is a sum of money you put down to demonstrate your seriousness about buying a home. In most cases, earnest money acts as a deposit on the property youre looking to buy. You deliver the amount when signing the purchase agreement or the sales contract.

How long are most realtor contracts?

Some of the most common lengths of time for listings include 30 days, 90 days, six months and one year. Your agent will typically expect you to choose one of these four options for your real estate listing agreement.

Why I quit being a realtor?

Some common reasons why realtors may choose to leave their jobs could include feeling burned out from the long hours and high pressure of the job, feeling like they are not earning enough money, or simply wanting to try something new.

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