In the US housing setting, a real estate broker and his accompanying sales team, assists sellers in promoting and selling their property, usually negotiating for the highest price or rate possible, and under the best terms. It is standard practice in the United States that a person is required to obtain a license first in order to receive compensation or a commission for services rendered as a licensed real estate broker.

Unlicensed real estate activity is considered illegal, but buyers and sellers who act as principals in the sale or purchase of real estate are not required to be licensed. In some states however, lawyers are allowed to handle real estate sales, and are paid fees and commissions without the need to be licensed as brokers or agents.

There are quite a few buyers and sellers who are comfortable doing the work of marketing their home for sale by themselves, as well carrying the weight of the work on the buyer's side. Unrepresented buyers or sellers do an equal amount of work as agents or licensed brokers.

An unrepresented seller more than often approaches a listing agent for a property they represent. If somehow the home seller convinces the agent to give back the "buyer's agent share" to him, it is not as if the listing agent is not going to be picking up the slack for the work the seller does not do or is inexperienced in doing at.

The unrepresented seller is at most, directly offering his/her property to a buyer by negotiating deals directly and haggling over the best possible price and payment method. The good thing however with dealing with direct buyers over brokers or agents is that a home owner would not have to cut profits with established brokers agents, and would not find the need to dole over a substantial amount of commission to the agent.

Should a home or property owner decide to sell his asset on his own and not avail the services of a licensed broker, he/she should be ready to prepare all necessary papers describing the property for advertising, pamphlets, open houses, and others. Advertising a property is often the biggest outside expense in listing a property, and a home seller should readily shoulder the expense for this.

In some aspects, holding an open house to show the property would be a rather inexpensive venue for the home seller to show off his property. By being a contact person, the seller should always be available to answer any questions about the property and to schedule showing appointments to prospective buyers.

Posted by Zene Johnson on December 13, 2008 at 12:00 AM

About Zene Johnson
Zene Johnson is affliated with The Realty Place, Inc., which is located in Billings, MT. For further assistance please use the contact information located on the right.




As of 05/23/12 the Zene Johnson RePage is ranked at 5,505 with 380 points.

Seminars are the most effective way of being educa With the time Tax foreclosures made a huge progress and attract a enchant number of investor toward because of the smart revenue, any one who is new to real estate investment and is considering to buy a foreclosure property must have to be realistic enough regarding the thing which he is going to do. Foreclosure investment is not an ideal term for those who just begin it, they should fist have to get at least a couple of years experience with more traditional real estate investment before making their way to foreclosure. Many peoples invest their assets in the hope that they will be getting huge profit through it but in spite there lies some awful fact which must be known in order to avoid any complication, one disaster foreclosure investment can wipe out your whole capital and your enthusiasm for all the real estate investment. For those who have just started foreclosure business must to attend a reasonably good number of seminars in order to strengthen their foundation in foreclosure field and most importantly to clarify their mind and of course to eliminate any type of misconception concerning tax foreclosure. Different real estate agencies arrange various seminars time to time to ensure that the correct information can be transmit in this way to the investors who are willing to invest their capital in it. Best way is to stay up to date with existing laws and recent legislation that affect the real estate industry. Choose from popular seminars such as Landlord and Tenant Law, Fundamentals of Real Estate Closings, and Zoning and Land Use. And you can also subscribe your self to a good real estate site which can send you time to time alert, time has told us that successful real estate professionals need to remain current with the real estate seminar series which brings the vital knowledge and information to agents as well as to the novice one in their local market. Majority of the seminars are directed by nationally acclaimed real estate experts who have successfully made money investing in real estate. They educate attendees on techniques, methods and strategies which can be used to create a wining transaction. And what would be a better way than getting experience form some one who has made huge progress in foreclosure. Get to know government policies that have property records and tax assessment records. Get to know the property values in an area where you are going to invest. Posted by Zene Johnson on December 13, 2008 at 12:00 AM About Zene Johnson Zene Johnson is affliated with The Realty Place, Inc., which is located in Billings, MT. For further assistance please use the contact information located on the right. As of 05/23/12 the Zene Johnson RePage is ranked at 9,059 with 285 points.

Local Information for Billings, MT

Latitude: 45.786553 -- Longitude: -108.537139

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Billings is a city located in the south-central portion of the U.S. state of Montana. Billings is rapidly growing; As of the 2000 census, the city had a total population of 89,847, and a 2006 city estimate indicates the city's population has grown to 101,182 (up 10.9% or 11,281 since 2000). Billings is the county seat of Yellowstone CountyGR6 and is the principal city of the Billings Metropolitan Statistical Area which encompasses all of both Carbon and Yellowstone counties and Billings. In terms of population, it is the largest metropolitan area in Montana. It is nicknamed the Magic City because of its rapid growth from its founding as a railroad town in 1882. It was said that Billings "grew like magic." Billings is named for Frederick H. -- Source: Wikipedia.com

Montana 2000 Census Population Profile Map

	Billings	Montana	United States
Population	89,847	902,195	281,421,906
Median age	36.8	37.5	35.3
Median age for Male	35.3	36.6	34
Median age for Female	38.4	38.5	36.5
Households	37,525	358,667	105,480,101
Household population	87,164	877,433	273,643,273
Average household size	2.32	2.45	2.59
Families	23,142	237,407	71,787,347
Average family size	2.93	2.99	3.14
Housing units	39,293	412,633	115,904,641
Occupied units	37,525	358,667	105,480,101
Vacant units	1,768	53,966	10,424,540

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