I am newly licensed and I can never get straight answers! People keep telling me "you will have to learn as you go" or "there are so many different possibilities".

After reading and listening to different people this is what I understand so far. If I'm wrong PLEASE correct me.

If I have a buyer, has been qualified, signed the disclosure, signed exclusive, we find a home, sign the purchase agreement, it gets accepted from the seller, now we are in escrow?

What happeneds next? Good faith goes into a trust? We have to remove the contingencies "termite, appraisal, inspection"?

The buyer usually pays for those? Its my responsibility to setup termite, inspection and appraisal?

Can someone please let me know what happenends on a straight transaction? People seem to not want to tell me.

I am newly licensed as well and I seem to be having the same problem finding clear answers to the buying process. For example, what forms are REQUIRED from the selling agent and listing agent, who orders what and what duties each agent is responsible for?

I am learning as I go Bob until I get some clarity from co-workers or fellow Realtors.

Talk to your brokers. They are the ones who are responsible for your actions. They are also getting paid to take care of you.

Ask these questions to your broker. PLEASE!

There is too much at risk for you to be getting advice from fellow co-workers or these forums.

If your broker won't help you then get another broker.

My broker is a whole other story. His response was "did you know how to walk before you started walking?" "You can't know everything before it happenends, theyre too many ways a transaction can end up". "I have an appointment I need to get to, you are going to learn as you go on and make mistakes".

This seems to be the answer I get alot. I have switched brokers once already. The monthly fees, split, training videos on scripts, prospecting are great. Just he is never available or seems to want to answer technical questions.

Bob what state are you in?? I love it when people ask questions and for location they say U.S.A,World, heck just go for Universe.

This is your problem. You picked a company with great splits and no help. How much you split with the company doesn't mean squat for a new agent who can't even get a buyer to closing.

Find a traditional broker who takes more of your money and in return they will help you make more money. You are letting your greed get in the way of selling real estate.

Any broker who tells you that he can't help you understand the process should be shot. Okay, not shot, but definitely fired. That's outrageous, unless, as Bigtoe suggests, that's what you signed up for when you joined a company with "great splits." What we do as LICENSED real estates is important - and there's way more to this business than simply knocking on doors, begging for business and getting buyer agency agreements signed. There's that little part about knowing how to manage a real estate transaction and getting it to closing.

Sheesh - this stuff scares me, but it's no wonder the general public thinks we're pond scum. If this is the way our new licensees are treated (and subsequently the way they are forced to handle their business) we deserve it.

There is decent training out there. Yes, you will learn far more by doing, but that doesn't mean you should be allowed to "do" until you have a passing familiarity with the process!

OMG. All I can say is... OMG.

But I see this myself - I have been in the business since January 2007 and I come across agents who have been in the business many years longer than me and are confused by the simplest things....my broker has given me AWESOME, step by step training...from getting my first listing, to writing the listing contract, to what I have to do next....then, step by step through a purchase agreement, both as the seller's agent, and as the buyer's agent. They provide this training ALL THE TIME and as much as needed so that the agents in our office know what they're doing.

You need a broker that will train you step by step through a sale - not just tell you how to annoy (I mean, cold call or door knock) consumers to get a deal....

super realtor - I am in CA. My apologies, when signing up I didnt realize when asking a real estate question, the answer varies from state to state.

Bigtoe - Please dont assume I didnt choose a "traditional" broker or that I am greedy because I said the split was great.

I did choose a traditional broker and I told him when signing "training and availability" are the two most important things I am looking for in a brokerage. I also told him I am looking for mentoring which would take an additional 30% off my cut since I am so greedy and pond scum.

He basically said all the right things to sign me up and now cant find a mentor for me, telling me I need to get out there and start contacting people which I REFUSED.

I am thinking of changing brokerages AGAIN but I have been here less than a month and wanted to give it a chance. He said he is trying to find someone who will work with me but doesnt think so for as lil as 30%

The other broker I was with referred me to this guy after the owner decided to close the doors on one of his locations "the one near my house" less than a month after I signed. I can always go back but the other location is really far.

BOB you just need direction. At my company I have people that want to sell 30 properties a year and others that want to sell 2.

Training questions for new agents ask alot of the same questions over and over. This is why systems are put in place to keep from handling the same easy questions over and over so that the focus can be on the difficult problems to overcome.

It sounds like you have a broker selling on the side. In those cases it's hard to get going.

Once again DINOSAUR business models make them have to operate in certain parameters.

A true mentor will probably want 50 percent but then after broker split and any franchise fee you won't be making much at all.

Good Luck