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Welcome! Here You Can Find Great Information on Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, Torrance, Redondo Beach, Hermosa Beach and Manhattan Beach, California Real Estate  Department of Real Estate #0808646     STEPHEN HAW
Awards and Achievements:
♦ Have Bought or Sold Over $1 Billion Worth of Real Estate On Behalf Of My ♦ Have Received RE/MAX “Circle of Legends” Award in 2009, the first ever among 450 Agents in RE/MAX Palos Verdes Realty & RE/MAX Execs Realty, since the start of the company in the 1980’s ♦ Have Received RE/MAX “Lifetime Achievement” Award and “International Hall ♦ Awarded #1 or #2 Sales Team in Re/Max Palos Verdes Realty in 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011 & 2012 ♦ Awarded Re/Max Highest Individual Honor, Diamond Club or Chairman’s Club in 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011 & 2012 ♦ Awarded “Top Ten” Real Estate Team in Re/Max California and Hawaii year ♦ Awarded Re/Max Highest Individual Honor, Chairman’s Club in 2003 ♦ Awarded Re/Max Highest Individual Honor, Platinum Club in 2001-2002 ♦ Fred Sands Palos Verdes Realty #1 Top Producer in 1997-2000 ♦ Featured in the cover story of Real Estate “Big Deals” on the front page of South Bay largest newspaper Daily Breeze on July 26, 1998 ♦ Awarded the “Highest Value of Total Residential Transactions” in 1995 and 1997 by the Chinese American Real Estate Professionals Association of Southern ♦ Awarded “Top 5” Re/Max Agents in California in 1992 and 1993 ♦ Awarded “Top 10” Re/Max Agents in the United States in 1993
Education and Professional Affiliations :
♦ M.B.A. Degree in Marketing from Oregon State University ♦ Member of the Estates Division, RE/MAX Palos Verdes Realty ♦ Member and Director of Chinese American Real Estate Professional Association ♦ Member of Palos Verdes Peninsula Association of Realtors ♦ Member of California Association of Realtors ♦ Member of National Association of Realtors   
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Agency >Who Pays the Commission
Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.
There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.
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| Q |
What site discovered in 1965 is considered the world's oldest known habitation?
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| A |
The Terra Amata site in Nice, France has the remains of 21 huts belonging to the Acheulian culture from 400,000 years ago. |
See More Real Estate Trivia > |
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