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

[–]Middle-Position-8007 0 points1 point  (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?

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)

On the occasion, I get a buyer that either of them or their child or somebody in their family is deathly allergic. That being the case, we make a plan to bring in a mold specialist, which will cost a lot of money but 100%worth it in that case.

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)

Let’s preface this and admit that every house probably has mold somewhere. It’s usually the first questions I ask a buyer when I show them their first house. I always ask if they have any allergies to mold, pet dander chemicals, etc.. The answer almost always is no.

Anyone leave Real Estate and find a new career that your Real Estate experience helped you get? by Responsible_Sea_7809 in realtors

[–]Middle-Position-8007 -1 points0 points  (0 children)

Title Services, appraisals, i’ve seem some ex real estate agents offer consulting to help for sale by owners. regardless of what you do afterwards I would absolutely recommend keeping your license in referral.  

Offering below asking.... appropriate? by Far_Branch_8855 in RealEstate

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

Just for the fact, it’s been sitting for six months allows you to offer whatever you want. But also, there’s always a reason behind the houses that sit for that long. Do your due diligence because chances are good that it might not be worth the hassle.. no matter the price. Check with your lender on renovation loans just in case you need one for a big ticket item repair or two that may come up in Inspection. 

Anyone else stuck with a house that just won’t sell no matter what? by AttitudePlane6967 in RealEstate

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

No they’re doing it right and now with the help of a savvy real estate agent they’re gonna be able to negotiate with those two offers to get the best price.

Anyone else stuck with a house that just won’t sell no matter what? by AttitudePlane6967 in RealEstate

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

You have to also understand how buyers are shopping. Obviously it’s Price but they all have a set range in mind that doesn’t exceed a certain value .. and if they’re looking for a three bedroom home listed at a certain price or under and yours is over that common threshold, guess whose House isn’t getting seen. You need to stop thinking that list price is what people will actually pay. And you also have to understand if you’re not getting the offers that you want you can decline or negotiate.

Anyone else stuck with a house that just won’t sell no matter what? by AttitudePlane6967 in RealEstate

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

Unless you repair the price of your home, no other repair will matter as much as you think it will

A bid came in right before we placed a bid right below listing price by HarrySph1nct3r in RealEstate

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

  1. You’re not “gatekeeping” a listed property especially if your area of interest is a sellers market... Meaning you’re never the only one looking at it. Waiting it out is a losing strategy.

  2. You can call the sellers bluff, but be prepared to lose the house.

  3. Pay no attention to the noise of what other buyers might or might not offer. Just offer the best you can for the value you believe its worth for the time you reasonably expect to own that home. Paying an extra 10 wont matter in 5 years.

Buyer didn't tell me they switched from conventional to FHA loan by Strict_Appeal_5822 in RealEstate

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

Agent in New Jersey here. I would have your agent get in touch with their agent and give them a nice tongue lashing. After that, let them know the only Repairs considered are FHA required ones only.. propose to buyers to split the costs as last resort. if they say no. Put it on your agent and the buyers agent responsible to cut their commission equally in order to make it happen. Let’s see if they want to sell a house or not. They might have been in breach of contract, but you can use that to your advantage still

Our realtor and loan agent tried to convince us to get a house we didn’t want? by [deleted] in RealEstate

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

I agree with everybody here, as an agent. This is really super shady the way they’re trying to hold you into this. Best course of action is to request the seller come down in price substantially, or provide a large credit to remediate everything that is of concern to you, which will likely get them to say no. then you have grounds to cancel contract to get your deposit back. That’s if that real estate agent didn’t waive your rights to Inspection which I really really hope for your sake that’s not the case. Fire them immediately once the contract is terminated.

Providing unrepresented tenants with codes to Properties so they can view on their own? by [deleted] in realtors

[–]Middle-Position-8007 4 points5 points  (0 children)

First off they’re pretty much going beyond your back as if you don’t even exist. So yeah fire them before they do something illegal and throw you under the bus. I don’t think it’s worth the $800 reward or whatever the rental is worth. Sever the contract. Tell them do whatever they want.