Can An Agent Legally Work For Both Parties And Earn Both Commissions?

Reader Question: Is it legal for a real estate agent to work with the seller and the buyer and if it is, then get both commissions? Jonie P. Monty’s Answer: It is legal for a real estate agent to work with both a buyer and a seller. Real estate law in every state says that…
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Eight Tips For Rent-to-own Homebuyers

Reader Question: My mother-in-law would like to do a rent-to-own agreement on a house she currently owns with my husband and me. The house is free and clear, and she wants to help us out. We would like to buy the house in about two years. What are both parties’ legal obligations in a rent-to-own…
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Staging A Successful Real Estate Proposal

Reader Question: Hi Monty, I want to create a purchase proposal for a property owner. These are modest houses in a decent neighborhood where we own other rentals. One is vacant. We have a rental right next to the homes I would like to purchase. I have become somewhat of a friend of the homeowner…
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