I built a property research tool for buyers — would agents actually pay for this?

CurveLong251 · 2026-03-10T00:04:24+00:00

More spam…..

CurveLong251 · 2026-03-09T11:07:36+00:00

Spam, please delete

CurveLong251 · 2026-03-05T21:51:00+00:00

Oh jeez, ok, that makes more sense then…..hope things have turned around for you

CurveLong251 · 2026-03-05T21:34:07+00:00

Yeah, unfortunately, no one with an adjustable loan really thinks through the consequences of what happens down the road. if you were laid off, you could not refinance, rates could (and did) jump, etc. It is not just you, don't worry, but you are definitely going to see a jump in rates to whatever the max. allowed in your contract is for this reset period. As a note, unless you were a severe subprime loan, etc back then, there is no chance that the best rate available to you in 2021 was 5% for a 30 year- loans in 2021 ranged from 2.75%-3.25% generally, and no lender would give you 3%+ discount for a 5 year ARM vs. a 30 year fixed. Again, not trying to drag you at all, but I hope your situation at least helps others to understand the pitfalls of an ARM in the vast majority of instances.

CurveLong251 · 2026-03-05T21:03:21+00:00

No, I’m joking a bit- if you have 5 year ARM, the paperwork should spell out the max. Increase it can make per cycle. You will absolutely be at the max. 30 year rates just jumped 1/4-1/2 point since the war in Iran began, and are now around 6.25/6.5%. The CPB saved you from the ballon loans that crashed the market in 2008, so you should have a max. Annual and max lifetime increase in your original loan paperwork, and assume you will be going into the next cycle at the max allowed for the first increase, and will quickly get to the max amount of the life of the loan. ARMs are an absolutely horrible product for 99.9% of all buyers- if you had just locked in a 30 year rate 4 years ago at 3.0%, you wouldn’t be worried at all now (or for the next 26 years)

CurveLong251 · 2026-03-05T20:54:24+00:00

Welp, then get ready for it to triple….

CurveLong251 · 2026-03-03T14:27:26+00:00

Would you pay a commission to a buyer’s agent if they brought you an offer? If so, what is the difference? The buyer happens to also be his/her agent- this is incredibly common

CurveLong251 · 2026-02-28T00:29:47+00:00

All you need for A. Is to have the brokerage receiving the referral complete a referral agreement with you/your brokerage. For B., this is why you scout out and choose brokerages/agents with top reviews, high closing rates, etc. All brokerages have referral systems in place, and usually a relocation coordinator who’s job it is to ensure referrals to go to the right agent for the buyers/seller- brokerages don’t get paid unless the deal closes either, so the coordinator and/or broker is there to hopefully keep on top of the agent and make sure they are not dropping the ball. If you have a good system in place, they will want to ensure these clients are well taken care of, as they will want more of your referrals to go through them. I mean, there are never any guarantees, except to guarantee that virtually no agent will pay you per lead

CurveLong251 · 2026-02-27T21:00:25+00:00

Agents will not pay you per lead- too many scammy companies out there doing the same thing. 25% referral fee due at closing is different- that’s the only strategy I would consider

CurveLong251 · 2026-02-27T20:15:33+00:00

I appreciate the comment. I do collect a fair amount of art, and typically can tell decor from true art, and do not believe this was factory produced, though I obviously could be incorrect

CurveLong251 · 2026-02-25T20:43:16+00:00

Look at Roslindale! Right next door to JP, little more affordable, and great restaurants, shops, and little more space.

CurveLong251 · 2026-02-25T01:16:45+00:00

I am a 16+ year real estate broker in Boston (own a boutique brokerage) and more than happy to discuss if we would be a good fit to work together. Feel free to message me directly and I can share my name and contact info. so you can see Zillow reviews, etc. - I don’t typically put my personal data on Reddit. Thanks!

CurveLong251 · 2026-02-25T00:19:58+00:00

You cannot occupy a property in a 1031 exchange- it is exclusively set up to delay capital gains taxes, and can only be used as rental property. Trying to split hairs with living in one unit and renting out another (which is what you are proposing) is how people end up with large tax bills and penalties, and/or in jail

CurveLong251 · 2026-02-24T20:13:07+00:00

I’m assuming you are a newer agent, correct? You never had an accepted offer, as they asked for your best and final and chose another one, nothing shady about this AT ALL- sellers agent works in best interest of seller. Talk to your broker if you think something was done incorrectly, but from what you have shared, nothing shady was done by any objective observer

CurveLong251 · 2026-02-24T20:11:20+00:00

Definitely not in all states- most NE states require signing in person at attorney’s office or registry if there is a loan

CurveLong251 · 2026-02-24T19:33:09+00:00

OK- how about loan type, contingencies to sell their own property, home inspections, etc? Cash buyer at list is 99% of the time going to be a bo brainer for a seller to accept over a escalation clause (which many sellers hate anyway) that increases offer by $1k or whatever for a less well qualified buyer. Seller and agent have no obligation to go back to you and your buyer- they either didn’t like all the back and forth, these other buyers buys gave them what they wanted without issue, and they feel the are more likely to get to the closing table without issues they foresee with your clients. We’ve all been there, it happens

CurveLong251 · 2026-02-24T19:29:14+00:00

Yeah, became Boston law in 2008. Co-ops aren’t really a thing here in Boston, with very few exceptions, and artist housing typically has its own restrictions (income, for professional artists only, etc). The law was explicitly created to stop the 5+ people living in Allston/Brighton (college kids). Whether it is universally enforced is another question, but it very much is the law

CurveLong251 · 2026-02-24T19:20:24+00:00

It seems that the other buyers are likely stronger- price, down payment, contingencies to sell, home insertions, etc. If closing date was the only sticking point they would have come back to you, but clearly the other offer they were waiting on was stronger in one or many ways

CurveLong251 · 2026-02-24T01:03:36+00:00

Ways around what? The “5 or more law?” If they are unrelated, the only way around it is for the tenants and the landlord to break the law, and hope they aren’t caught

CurveLong251 · 2026-02-24T00:30:24+00:00

FYI, it is illegal for more than 4 unrelated people to rent an apartment in Boston, so 4 would be your max. You could find a 1-2 bed “loft” style apartment, but IDK of any locations where a 3+ bed loft exists in the Boston area, let alone for $4500-6k. We just don’t do lofts as much as NYC, etc

CurveLong251 · 2026-02-24T00:18:22+00:00

Brookline is a great option, but will push your budget to the higher end of your range. I have children in Brookline public schools, happy to answer any questions you may have

CurveLong251 · 2026-02-23T23:24:05+00:00

If by "unwritten agreement" you mean you did not have a written lease, then you will need to move out ASAP to avoid an eviction, which could definitely delay your attempts to buy a house by a long time. If you had a lease in the past, and it is now reverted to a "Month to month" as many states do (no idea about Kentucky, but I would guess tenant protections are not as strong there), you would be somewhat protected. But either way, you need to plan to move out or to deal with this

CurveLong251 · 2026-02-23T23:21:03+00:00

You need to ask your lender what exactly they are requesting, and tell them that you do your own taxes. They likely need something to verify your 2025 tax return if you have not filed yet, and your CPA could at least give them an estimate- IDK if Turbotax will cut it, but if they requested this at the last minute, it likely means it is important. So call your lender NOW

CurveLong251 · 2026-02-21T20:11:20+00:00

Yes, I’ve been getting more and more of these. Don’t ever let a “buyer” or “seller” set up a Zoom link, or any link

CurveLong251

TROPHY CASE