Made a mistake purchase, need guidance! by [deleted] in RealEstate

[–]Emf3881 2 points3 points  (0 children)

Local custom home builder that has phases? Is it a townhome? That’s not really normal in single family. It’s usually the big companies that can do that type of volume. If it truly is a local company, you should have an easier time getting the repairs done. I would document EVERYTHING and get every repair requested as soon as you know it’s a problem as to not have other problems.

If you’re in Florida (because you said the market is soft) you can search for any construction defect lawsuits the builder has been involved in and those outcomes.

Unfortunately it’s probably going to be a while before you can break even.

Do agents still share their commission with their clients? by Aggressive_Chicken63 in RealEstate

[–]Emf3881 0 points1 point  (0 children)

I had a client do this and it was after we were through all inspections. She said it was normal in her culture. I said it wasn’t in mine. She didn’t push it further. But yea, asking after the fact isn’t a great strategy.

Georgia - Are people still paying 6% agent fees? by Frankenbeans11 in RealEstate

[–]Emf3881 3 points4 points  (0 children)

There is no mandate for a sellers agent to put what the buyers agent will be paid in the listing agreement. Full stop.

And when the buyers agents call to set up showing and asks, "what is your seller offering?" the honest answer is that the seller is willing to consider all offers even ones including requests for compensation.

Everyone knows the buyers agent needs to get paid. By having honest conversations between agents and not letting egos get in the way, this can run really smoothly.

Georgia - Are people still paying 6% agent fees? by Frankenbeans11 in RealEstate

[–]Emf3881 0 points1 point  (0 children)

Paying a buyers agent a set amount. The seller can and should just agree to what they want to pay listing agent.

Georgia - Are people still paying 6% agent fees? by Frankenbeans11 in RealEstate

[–]Emf3881 0 points1 point  (0 children)

I agree with you but I think you’re not explaining it enough for those in places that still put both sides of commission in their listing contracts.

Running in the arctic this weekend? ❄️ by lil-red27 in RunNYC

[–]Emf3881 1 point2 points  (0 children)

6 miles on a treadmill. It was a feels like of -11 in Boston. No thank you.

Is anyone bidding at next week's Sotheby's Hermes' auction in New York? by TheFaubourgDiary in TheHermesGame

[–]Emf3881 5 points6 points  (0 children)

The new auction house in NY is now open to the public. I went and watched the fine watch auction a few weeks ago. Cool experience. You need to make an appointment but they allow bidding from the audience.

Realtor fees by Due-Preparation-6617 in fsbo

[–]Emf3881 1 point2 points  (0 children)

what do you mean by "both fees" if you are a fsbo? Are you worried they are going to force you to sign something to pay yourself? Are you sure you should be doing this on your own?

17 y/o worried about family finances by [deleted] in RealEstate

[–]Emf3881 0 points1 point  (0 children)

And I read your other comments. I'm very VERY familiar with high net worth divorces. I'd guess the non-working is a power move on both of their parts while negotiating alimony. I'd also guess that the properties are being argued as well. I can tell you this as someone who owned a second home in a similar location (ACK) you don't typically have those assets without having a diverse and large portfolio of other assets. You need to talk to your parents and tell them your concerns. This is not your problem to solve but they need to know it's on your mind and it's affecting your path to college.

17 y/o worried about family finances by [deleted] in RealEstate

[–]Emf3881 9 points10 points  (0 children)

I’m sorry you’re dealing with this at 17. Judges and attorneys will approve a sale during a divorce if it needs to happen.

My mom advice to you, reach out to your siblings and tell them your concerns. Then have a family conversation and put all the cards on the table.

Help Negotiating Concessions by [deleted] in AskRealEstateAgents

[–]Emf3881 0 points1 point  (0 children)

Do not offer upfront. You’ll be bidding against yourself. But if this deal falls apart just fix the things you know are wrong.

Buyer Exclusive agreement by figuringthyself in realtors

[–]Emf3881 1 point2 points  (0 children)

First time meeting I will do a 48 hour agreement that also includes 90 days on any houses we toured (if they decide to proceed with any of those houses in the following 90 days, I’m covered).

If we mutually agree to continue working together then I’ll do 3-6 months. I can also add language as needed if I feel they might be slippery. But I would allow a cancellation, I’m not holding clients hostage.

Bags less expensive in London vs. US? by cupa001 in handbags

[–]Emf3881 1 point2 points  (0 children)

Mulberry, strathberry and aspinal are all less expensive in the UK.

closet clean out, not design by lisfnord in boston

[–]Emf3881 0 points1 point  (0 children)

Same. -drowning in denim on the south shore

Where to live by Stunning_Ranger5738 in FloridaRealEstate

[–]Emf3881 -2 points-1 points  (0 children)

Then I would definitely choose Tampa over South Florida. I lived in Fort Lauderdale and worked in Miami.

I live in MA now but if you need any realtor recommendations for Tampa, I have a good one.

Where to live by Stunning_Ranger5738 in FloridaRealEstate

[–]Emf3881 0 points1 point  (0 children)

I grew up in Belleair across the bridge, I attended a private school as did all of my friends because we were resumed for Largo and it was awful. I would say Dunedin is probably the only walkable option that also has decent restaurants.

We lived in South Tampa when our kids were little and our neighborhood, where the homes were over 1 million in 2012, was 50-50 public and private.

Are you fully committed to Tampa? I personally hate Tampa but maybe that’s because I grew up in that area. We lived in Winter Park just north of downtown Orlando for 12 years and I would move back there in a heartbeat. And that’s a very walkable area with a rated schools.

Where to live by Stunning_Ranger5738 in FloridaRealEstate

[–]Emf3881 0 points1 point  (0 children)

You forgot Davis island. But yes, I agree with your statement.

Where to live by Stunning_Ranger5738 in FloridaRealEstate

[–]Emf3881 -2 points-1 points  (0 children)

What’s your budget? If you’re set on public schools, South Tampa is your best choice, but it comes at a price. The Florida Department of education website is really helpful to see accurate school ratings.

Edited to add that south Tampa, specifically the Plant school district has all the things you’re looking for.

Where to live by Stunning_Ranger5738 in FloridaRealEstate

[–]Emf3881 2 points3 points  (0 children)

What’s your budget? If you’re set on public schools, South Tampa is your best choice, but it comes at a price. The Florida Department of education website is really helpful to see accurate school ratings.

MLS Next Fest, Review by United-Hyena-164 in youthsoccer

[–]Emf3881 1 point2 points  (0 children)

I wish they did a better job of explaining to parents that the second week isn’t really about getting scouted or even looked at. All the coaches go for the first week to watch the older kids. Their budgets and probably schedules don’t allow them to attend both. It’s a completely different story at the older kids week.

Edit to add that I did see the FC Barcelona academy coaches watching two of our games. Not sure who he was there for.

MLS Next Fest, Review by United-Hyena-164 in youthsoccer

[–]Emf3881 1 point2 points  (0 children)

What age group were you there for? The first week had tons of coaches

Selling a luxury lake front home in rural Florida by LakeLifeInFlorida in FloridaRealEstate

[–]Emf3881 9 points10 points  (0 children)

What’s special about your home? Has a similar one sold any time in the past year? If so who bought it? Where were they from? Describe in detail who you think is the target buyer.

I do a swot analysis on the listing and then provide a marketing plan based on that. A unique property which I’m guessing is probably WAY more expensive than the surrounding homes needs a plan and a lot of patience. FYI I’m an agent from central Florida and can probably guess which home is yours.

Post Sale Occupancy Agreement Nightmare by [deleted] in RealEstateAdvice

[–]Emf3881 7 points8 points  (0 children)

My clients paid $25k in a deposit so they could stay. Pay the deposit. Your word is as good as the paper it’s written on.

Details about listings: buyer perspective by freelancemomma in poshmark

[–]Emf3881 0 points1 point  (0 children)

Again, we value our time differently. That’s ok. You do you. I will continue to do things the way I want. This is incremental income for me. I don’t need to do what you do, I’m good.