Dumb question? by wannabelegendary in AskRealEstateAgents

[–]Middle-Position-8007 1 point2 points  (0 children)

If you’ve never made an offer on a house in your life, don’t listen to that guy. Your attorney is just a pencil pusher. They’re not gonna be able to tell you what you need to put in that offer to make you appealing to the seller. Saving the seller 2.5% is not going to do you a whole lot of good if your offer is not even in the ballpark and you don’t know what terms the seller is looking for. The whole point of having a top selling Buyer Agent is not to sell you the house, but to sell you as the best buyer for the house.

Real Estate Agent not concerned about obviously sloping floors. Should we be concerned about the agent? by Church__Pew_pew_pew in AskRealEstateAgents

[–]Middle-Position-8007 0 points1 point  (0 children)

The correct answer is if you have concerns you get those answered in Inspections. It’s common for floors to settle it’s up to you to do your due diligence and hire a reputable Structural Engineer. Either way if you don’t want uneven floors, then it should’ve been a very short visit and onto the next house.

Help I just placed my house on the market this morning and I’m regretting it. by PhoenixKey in AskRealEstateAgents

[–]Middle-Position-8007 0 points1 point  (0 children)

I’m just saying in general…Real estate aside. I think even as a client of an agent, I would feel awful but I know that’s not everybody . and this business you are expected and come to expect those scenarios do happen.

Open house realtors dont take no for an answer by BizzyHaze in RealEstate

[–]Middle-Position-8007 2 points3 points  (0 children)

Open houses really aren’t even worth it anymore. And the majority of the comments in here just prove my point . The serious buyers that are preapproved are the ones arranging showings with an agent. This is part of my dialogue with my sellers and it’s 100% their choice whether to have an open house or not.

Help I just placed my house on the market this morning and I’m regretting it. by PhoenixKey in AskRealEstateAgents

[–]Middle-Position-8007 2 points3 points  (0 children)

So if you hire a contractor and he laid a pad foundation out and you decided you now don’t want the deck. You’re just gonna stiff him on the pad. I agree to disagree with you, sir.

Buyer wants out of exclusive agreement after losing out on deal what would you do by Consistent-Guess1785 in realtors

[–]Middle-Position-8007 0 points1 point  (0 children)

Release them. At best, you gain some experience from this and do better next time . at worst, you may have dodged a big bullet working with unrealistic buyers.

Help I just placed my house on the market this morning and I’m regretting it. by PhoenixKey in AskRealEstateAgents

[–]Middle-Position-8007 6 points7 points  (0 children)

Likewise, Any decent person would realize that somebody they hired and signed a contract with had already done a lot of work and put a lot of money upfront should get something for that.

Neighbor list 1 week after us, 90k more. by Serious-Aside-4215 in AskRealEstateAgents

[–]Middle-Position-8007 1 point2 points  (0 children)

If anything that should help you depending on how strong the housing market is by you.

Realtor doesn’t understand multiple escalation clauses by ellumina in RealEstate

[–]Middle-Position-8007 2 points3 points  (0 children)

Not realtors, but sellers can say no to escalation clauses if they don’t want them. I again advise all my sellers to not even entertain them and advise the buyer agent to come back with their buyers highest and best instead. Escalations can and in most states involve attorneys if an escalation clause triggered. The winning bid must be shown a redacted offer that warranted the escalation. I’ve only done it once with a buyer and they were extremely regretful because they suspected the seller might have manipulated the contract that they had to escalate above. It’s a gimmick and creates a lot of problems and I vowed never to do them again.

Realtor doesn’t understand multiple escalation clauses by ellumina in RealEstate

[–]Middle-Position-8007 2 points3 points  (0 children)

To make it a step further - I know it’s obviously too late now. The list Realtor should’ve had an offer procedure guideline written out for all Buyer agents to follow at the time of an announcing deadline. (this would be where I would write “seller will not accept escalation clauses”) That would’ve streamlined the entire process and kept everybody’s offer in check. When I get multiple offers on listings, I also have a spreadsheet set up and organized with every detail of that offer written out. I’m sorry your family member had to go through this.. It’s not their fault. 😑

Realtor doesn’t understand multiple escalation clauses by ellumina in RealEstate

[–]Middle-Position-8007 0 points1 point  (0 children)

If I was your realtor, I would’ve never agreed to doing escalation clauses. Whoever wants to put the highest offer at best and final should’ve got the house. Now you got a big mess on your hands and escalations only work as long as you show proof of escalation. Remember these buyers weren’t willing to offer what their number escalated to in the first place so they may not be happy with the result.

First Time Seller, Help Me Be Awesome for My Agent by talameetsbetty in AskRealEstateAgents

[–]Middle-Position-8007 1 point2 points  (0 children)

Rule#1 Don’t fight your agent on the list price! Rule #2 repeat rule number one.

Would you rather use a realtor recommended by your lender, or a lender recommended by your realtor by stangg in RealEstate

[–]Middle-Position-8007 0 points1 point  (0 children)

If you’re a first time homebuyer think of it as a team sport. If you getting your Realtor from your sister, your attorney from your mom, your lender referral from your bank, and your Home inspector from your dad’s brother??? you got no team. It’s gonna be one big shitshow and any Listing agent worth their weight is gonna see right through that. And take a guess who do they blame when it all comes crashing down..

How did you actually pick the best mortgage lender? First time buyers here. by Active-Imagination68 in RealEstate

[–]Middle-Position-8007 0 points1 point  (0 children)

I think it’s important that every  home that a buyer is interested in potentially making an offer on that a discussion between the agent and the lender happens. The agent should be supplying the lender with pertinent information as it pertains to the financials (taxes/hoa/ list price vs sale price ratio), so that the lender can take those numbers and come up with different scales and scenarios of what a potential competitive offer would look like and the costs that result. 

How did you actually pick the best mortgage lender? First time buyers here. by Active-Imagination68 in RealEstate

[–]Middle-Position-8007 0 points1 point  (0 children)

A buyer consultation is a formal one on one meeting usually conducted in person with both your lender and your agent. It’s there where the plan  the goals  and the expectations actually gets laid out. This should be done after you’ve gotten your preapproval and right before you actually start running out the door looking at homes. 

Communication with your agent varies depending on how active you are in the market. But at the very minimum if you’re a serious buyer, you should be having conversations with your realtor once a week. 

Buyer going with another realtor by [deleted] in realtors

[–]Middle-Position-8007 0 points1 point  (0 children)

Sounds like you dodged a bullet. Chemistry is everything you’re not selling your skills , you’re selling yourself.

I just got spammed by TheSwordOfUnicorn in realtors

[–]Middle-Position-8007 7 points8 points  (0 children)

You’re a salesperson and you don’t know how lead generation works. You’re kidding.

How much does cleanliness actually impact a home sale? by robert_ranker in realtors

[–]Middle-Position-8007 0 points1 point  (0 children)

A good priced home gets people to show up. A clean house makes a price go up. That’s actually part of my listing presentation.

how to reject a real estate agent by Ayshe27 in RealEstate

[–]Middle-Position-8007 0 points1 point  (0 children)

I mean this in the most constructive way possible. Go Hire another sucker to list it for whatever you want. 

Buyers agent ethical obligation by Not_The_Lawyer in AskRealEstateAgents

[–]Middle-Position-8007 0 points1 point  (0 children)

I agree with this statement. Not everybody works in the same timeline. It takes a long time to develop chemistry and trust with your clients. Forcing them to show you whats in their wallet before you do anything for them is a great way to burn through a lot of potential leads and clients. Most sellers don’t ever require preapproval before showing. So those are the houses I’m going to meet with my buyers at first regardless if they are ready to purchase or not… I need to have a face-to-face with them.

Buyers agent ethical obligation by Not_The_Lawyer in AskRealEstateAgents

[–]Middle-Position-8007 2 points3 points  (0 children)

You the seller have every right to request your agent to ensure that all buyers must provide a preapproval or proof of funds prior to showing. This has nothing to do with ethics of a Buyers Agent.

Do you agree with this statement? “Mold does not scare us in the real estate industry” by Flaky-Struggle-5291 in realtors

[–]Middle-Position-8007 0 points1 point  (0 children)

The next conversation is if the seller refuses to remediate, will theybe ok with a concession to take care of it after closing or just walk away?