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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Probate Sales Posted by Rick, the Probate Guy on December 14, 2009 at 9:26 AM In Reply to: Probate Sales posted by Brian Lund on December 13, 2009 at 8:34 PM Your query makes the assumption that is a liitle too far reaching. In CA, Courts only have control over commissions for court confirmed sales such as those under limited or special powers. In some juristictions, the county's public administrator auction their own sales internally however in some larger metro area like L.A. they contract, usually annually, with a real estate auctioneer/broker for the listing side. I think Kennedy-Wilson still has the L.A. contract. The Buyer's agent can typically participate in commissions, too. Otherwise, personal rep's are free to list with the agent of their choice. However, there's a lot of details to understand to both protect the listing agent's commission and get a deal sold and closed, especially if that agent has any difficulty with his/her client's capacity, powers and/or authority to sell. For starters, you might want to refer to the little article that I did for this forum that Ward has posted in the archives. Follow Ups: Re: Probate Sales Brian Lund 7:20 PM, 12/15/09 (3) Re: Probate Sales Rick, the Probate Guy 9:57 AM, 12/16/09 (2) Re: Probate Sales Bret 0:01 AM, 12/19/09 (1) Re: Probate Sales Mark 0:09 AM, 12/24/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Your query makes the assumption that is a liitle too far reaching. : In CA, Courts only have control over commissions for court confirmed sales such as those under limited or special powers. : In some juristictions, the county's public administrator auction their own sales internally however in some larger metro area like L.A. they contract, usually annually, with a real estate auctioneer/broker for the listing side. I think Kennedy-Wilson still has the L.A. contract. The Buyer's agent can typically participate in commissions, too. : Otherwise, personal rep's are free to list with the agent of their choice. However, there's a lot of details to understand to both protect the listing agent's commission and get a deal sold and closed, especially if that agent has any difficulty with his/her client's capacity, powers and/or authority to sell. : For starters, you might want to refer to the little article that I did for this forum that Ward has posted in the archives. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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