Hurray! Just signed docs on my new property ...
BUT DAMN!
Why is everybody getting paid on my deal but me?
Hey, Hey, Dog check it out ... (Randi Jackson circa 2006) I can't help you out with your old purchases, but should you move on to the next round and purchase more property, dig this. ONLINE REALTORS CAN HOOK YOU UP!
According to the National Assn. of Realtors, 80% of home buyers start their searches online, 24% y a house they first saw on the Web. Online real estate brokers are coming up. "OK kids here's how it works": If you identify a house you want and you don't need someone holding your hand (i.e. your 1st purchase) and you can work via online and over the phone, brokers are giving buyers mad, crazy, stupid rebates and refunds!:
http://www.redfin.com/ pays buyers 2/3 of what would have been that agents share of the traditional 6% commission. Ka-Ching!
http://www.buysiderealty.com/ gives buyers a credit of three-quarters of the agents standard commission at closing or a check within two weeks of the close. Cheddar!
http://www.rebatereps.com/ has more personal interaction between buyer and agent. Buyers work face to face with full service agents who get the standard 6% commission, but then rebate you 1% of the sale price. Big Cotton!
PEOPLE, NEVER FORGET RULE #1, PAY YOURSELF FIRST!!!