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Top 5 real estate frauds

Top 5 real estate frauds

Simultaneous Purchases This type of fraud occurs when two or more parties are made an offer on the same property, which they all accept. Multiple offers may be made to a single buyer, and a single offer may be made to multiple sellers. In either case, this scenario...

Does a buyer pay the real estate commission or the seller?

Does a buyer pay the real estate commission or the seller?

Real estate agent commissions are usually paid by the seller at the closing of the transaction as detailed in the listing agreement. Real estate agent commissions are usually paid by the seller at the closing of the transaction as detailed in the listing agreement....

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