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James Callas's Advice

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  • 986 Contributions
  • 22 Best Answers
  • 138 Helpful

James Callas wrote:

how much should a realtor receive in commission when they represent both sides in a deal?

Answer
That is something that should have been discussed during the listing agreement.My fellow REALTORS will probably think I am old fashion...I am but totally up to date technology wise.I do not use any print media and there for my cost to list and market a home is less. Being a Premier Zillow Agent and listing a home gets me top placement and the last went under contract in just 15 days. I owe it to Zillow and all the people that use Zillow.I agree 5% is more than enough compensation but you did not mention the price your house is going for.Try and visit with your REALTOR and see how they feel about lowering their commission. Most are willing to work with their clients but some who have put in lots and lots of time have earned it.Good Luck!James Callas Broker REALTOR
July 22
(0)

Can you be a "part-time" Real Estate agent?

Answer
It is possible but it is very hard to me. Most agents are working full time to help buyers and sellers.You will need to be accessible for your clients to treat you with respect and you must work very hard for them.I would say go for it...but be prepared to work hard.Good LuckJames Callas REALTOR
May 15
(1)

Disclosure of broken bathroom fan & stove?

Answer
All sellers should fully disclose all they know. Some of the time they say they forgot, but being honest is the best way for sellers to proceed.Your buyers agent should help you achieve what you are asking.If you are going this alone, you will need to draft an an amendment and state what you are requesting and have the sellers sign off on same.In Texas deceptive trade practice violations are worth 3 times the amount of the claim.Honesty is the best policy.  Sellers that fudge on what they know are committing FRAUD.Good Luck!James Callas REALTOR
November 26 2013
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Is there a feature that allows additional advertising for a fee? I can't seem to find it.

Answer
www.Postlets.com used to be a paid site but now it is free.Good Luck!James Callas REALTOR
November 26 2013
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Are short sales a good option for a buyer who has to sell his current home in order to buy another?

Answer
Short sales have many pitfalls and I would not go that way if you have another option.It will impact your credit and your ability to qualify for you next mortgage. Good Luck!James Callas REALTOR
November 26 2013
(0)

How can I market a beautiful home that is relatively remote?

Answer
All the suggestions are good, but additionally a professionally prepared Virtual Tour will aid in the marketing of the remote property. Properly prepared Virtual Tours should get you some traffic...........also syndicate on Postlets.comGood Luck!James Callas REALTORBroker
October 15 2013
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What is required for me to sell my property?

Answer
1. You must own the property or have the authority to act as the owner.2. You should contact a REALTOR and get a CMA so you know what is the best price you can get for the property.3. List with a REALTOR is always the first choice , but if you want to try it on your own list as a For Sale By Owner right here on Zillow.comGood Luck!James Callas BrokerREALTOR
October 15 2013
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How do I get pre approved on a VA loan when I have a conventional loan?

Answer
Also you need to locate your DD214That is the best place to start.http://www.archives.gov/veterans/military-service-records/Normally is a working site, but guess what, today is off-line due to the government shut-down,Be patient, VA loans are absolutely the best possible loans at this time.Good Luck!James Callas REALTOR
October 08 2013
(0)

My question was incomplete. How do I get the correct entry made!

Answer
You can normally edit your information for a short while but after that you will need to ask the question again.Think about what information you are seeking and compose same.Review.....Then Submit.If you go back just after submitting it can still be edited....but no long.Good Luck!James Callas REALTOR
October 08 2013
(0)

can I cancel on an offer?

Answer
An Offer is just that, AN OFFER. Have whoever is representing you withdraw first by email and then by contract forms used by your state.As Tim said if the offer has been accepted it is no longer an offer but a contract.Hopeful a REALTOR is representing you and your interest.Good Luck!James Callas Broker REALTOR
September 14 2013
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