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General

Topics of General Interest...

The Upside of Entering on a Downswing

Interesting article by Dan Rafter in today's Washington Post:
 
Mark Zaidan entered the mortgage-lending business in October 2007. Foreclosures were up, lenders were shutting down, and loan officers were quitting the business.
 
But Zaidan, a lender with Rockville-based Choice Finance, signed up anyway.
 

Should a get a license just to save the commission?

As an experience buyer, I would like to get buyer agents' share of commission (~3%) to myself by dealing with listing agent directly. With house prices high, this chunk of money is sizable. By searching the forum, I get the impression that it is hard to get the listing agent to give you that share of commission as credits at the closing.

 
I would challenge this impression.
 

Questions when interviewing Brokers....

I'm working on a list of questions that I will ask when I interview and so far this is what I've come up with (sources: this real estate forum and online):

1) Do you require a full-time commitment?

2) What type of training is offered for new agents?

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