I’m looking at real estate listings, and I see the abbreviation “OWCOB”. What does it mean?

Question by sam b: I’m looking at real estate listings, and I see the abbreviation “OWCOB”. What does it mean?
What does OWCOB stand for?

Best answer:

Answer by Help Is Here!
I can only figure out what the first 3 letters might mean:

Owner will carry
Owner will consider

I couldn’t find anything that answered this.. hmm

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Orlando real estate advice?

Question by Vistro: Orlando real estate advice?
Hi, I’m currently house-hunting in Orlando. I am not too familiar with the city though, all I know is that Orlando is pretty much split by route 4 and 408 and the downtown area is the area to the immediate north-east of the intersection of 4 and 408. Could all the Orlando experts on here please describe Orlando from a geographic/demographic perspective for each of the 4 quadrants? (north-east, south-east, north-west, south-west)? What are the most sought-after places? Which places should I avoid at all costs?

Best answer:

Answer by R P
Stay away from Pine Hills, Parramore Street, or any of the streets immediately surrounding the Amway Arena.

Maitland, Winter Park, Dr. Phillips, and Thornton Park are good areas.

What do you think? Answer below!

web site for remax real estate in georgetown, colorado–home on guanella pass for sale?

Question by lscourtney: web site for remax real estate in georgetown, colorado–home on guanella pass for sale?
was recently there & looked around outside–want more info such as $ $ & stats

Best answer:

Answer by Rae P
Colorado is so beautiful, Monument is my favorite area, get a phone number from agent…call!!

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How do Remax Real Estate fees work?

Question by Jonathan: How do Remax Real Estate fees work?
Does Remax charge 6% or is it a flat fee?

Best answer:

Answer by fly boy
Most Realtors charge 6% of selling price. There are some discount Realtors that only charge 4%. 3% for the Realtor and 1% to the broker as to 3 and 3 for the others.

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If people in Puerto Rico earn so little, how do they pay their mortgages?

Question by SushiJoe: If people in Puerto Rico earn so little, how do they pay their mortgages?
I’m looking in to moving to Puerto Rico, and I understand that I’ll have to take a pay cut. I’ve read that most jobs pay below 30 or even 20k. But when I search Real Estate websites like Coldwell Banker, Most of the houses for sale are several hundren thousand dollars. Is there something I’m missing here? How do Puertoricans afford their homes? Am I looking at the wrong realtors? Any information you can give me about this and other advice related to moving to Puetro Rico would be greatly appreciated.

Best answer:

Answer by Koji Kabuto
Puerto Rican’s own their land, many have kept properties in the family since the Spaniards discover the new world. Even after the U.S. took possession of the territory, every Puerto Rican was given a piece of land to live on. On the other hand if you are moving to the San Juan Metropolitan Area, this area is a big tourist area and most of the money in the island is there, TV Stars, Radio Personalities, Singers, Actors, the Bacardi Family, foreigners with summer homes and every other rich citizen of the island has some kind of property on that area.

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What background do you need to work in commercial real estate?

Question by Frank: What background do you need to work in commercial real estate?
I want to work in commercial real estate. I am working in Hotel Management at the moment, but think commercial real estate is interesting. Im young enough where a career change is not out of the question. What types of things do employers look for? Is there a high demand for people in commercial real estate?

Best answer:

Answer by Lars Ulrich
Actually, what matters in real estate business is not your background but your connections. I am not however telling you that educational background or work experiences are dispensable. What I mean is, they are just secondary. Well, if you have a target market or list of people who are planning to buy real estates, then grab the opportunity. Real estate is one of the most rewarding careers. Remember that in establishing yourself in the real estate business, you should start with proper motivation and patience. By the time you start real estate, you might even need to work extra hours in order to establish a network of clients. What matters in real estate is your connection, patience and ability to mutually satisfy your objectives and your clients’ demands.

I suggest that you have a short study of real estate. This will be of help in your chosen career. You can either study by yourself (buy real estate book) or enrol yourself to short term courses that focusses on real estate.

Good luck to your career shift!

Cheers

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How much does an average real estate cost in your country and how much is the average salary?

Question by Babi: How much does an average real estate cost in your country and how much is the average salary?
In my country the average house/flat costs $ 100,000, while the average salary is $ 520. (0,004% of the real estate price)

In the United States the average price is $ 755,000, while the salary is $ 3,065. (0,004%).

Are prices the same more or less (in comparison with the salary)?

Best answer:

Answer by Doug
Good question. I think where I live the prices may be higher than $ 755. I think they are more like $ 1MM. but the salaries are probably better than .004% too.

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How should I allocate my 401K funds?

Question by shorti: How should I allocate my 401K funds?
I am 25 years old so I’d say I am able to be fairly high risk, but I am unsure what would be the best way to allocate my funds. Below are my options:

Fidelity Advisor Short Fixed Income C Fd %
Guaranteed Interest Account 3 year %
Guaranteed Interest Account 5 year %
Fidelity Advisor Mortgage Securities C Fd %
PIMCO Total Return C Fund %
Principal LifeTime Strategic Income Separate Account-R6 %
Principal LifeTime 2010 Separate Account-R6 %
Principal LifeTime 2020 Separate Account-R6 %
Principal LifeTime 2030 Separate Account-R6 %
Principal LifeTime 2040 Separate Account-R6 %
Principal LifeTime 2050 Separate Account-R6 %
LargeCap Growth II Separate Account-R6 %
LargeCap Growth Separate Account-R6 %
LargeCap S&P 500 Index Separate Account-R6 %
LargeCap Value I Separate Account-R6 %
MidCap Growth Separate Account-R6 %
SmallCap Value II Separate Account-R6 %
Fidelity Advisor Small Cap C Fund %
MidCap Value I Separate Account-R6 %
MidCap Blend Separate Account-R6 %
MidCap S&P 400 Index Separate Account-R6 %
SmallCap Blend Separate Account-R6 %
Real Estate Securities Separate Account-R6 %
Prudential Jennison Small Company A Fund %
American Funds Capital World Growth & Income R1 Fund %
American Funds EuroPacific Growth R1 Fund %
International SmallCap Separate Account-R6

Any help is appreciated. Thanks!

Best answer:

Answer by Rick B
If I were in your shoes, I would do something along the lines of:

LargeCap Growth Separate Account-R6 % 30
MidCap Growth Separate Account-R6 % 30
SmallCap Value II Separate Account-R6 % 30
International SmallCap Separate Account-R6 10

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Real Estate Search site in the San Francisco Bay Area?

Question by JPA: Real Estate Search site in the San Francisco Bay Area?
I am in the market for a house in the San Francisco South Bay or Peninsula, and the few web sites I’ve tried are good but not great (realtor.com, trulia.com, redfin.com, windermere.com, mlslistings.com). None of them have 100% of the listings, including For Sale By Owner or REO listings, or are too hard to search (no visualization on a global map of the area). It would be great if there was a truly good site that aggregates all the possible listings, with a good map view, a detailled search filter, and the most up-to-date listings. Can anyone provide recommendations? Thanks

Best answer:

Answer by Landlord
The biggest problem is the bay area has multiple MLS services. Stupid idea, but there it is.

You have to have access to the MLS to have the detail you are wanting, and even then it is hard because the one place they are combined does not work very well.

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What is pricing structure for commercial real estate brokers?

Question by David Z: What is pricing structure for commercial real estate brokers?
Is there a range of commissions or fees most commercial real estate brokers use? For example residential real estate varies but is between 5-7% depending upon the area of the country.

Could someone provide a rough outline of commercial real estate broker pricing?

Best answer:

Answer by Landlord
In CA the standard commission is 10%. I would assume elsewhere it is about the same, but I do not know for sure.

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