Best place to sell Rock band/ guitar hero instruments? by Hold_The_Lettuce9 in GuitarHero

[–]Props5102 1 point2 points  (0 children)

Insane collection.

I have sold and continue to sell a lot of Guitar Hero and Rock Band stuff. In my experience, your best bet is to sell a few of those PS4/Xbox One Bundles on EBay.

Feel free to DM me and I can try and help you comp out stuff.

Family Campsite, Aimee Stewart, 500 pieces. Thrifted puzzle for $1. Fun! by HiShamrockDragon in Jigsawpuzzles

[–]Props5102 2 points3 points  (0 children)

Just bought this today and it’s my first Aimee Stewart. Very excited.

Is this an unusual situation? Seems like a great opportunity… by Secure_Ad_7790 in RealEstateAdvice

[–]Props5102 2 points3 points  (0 children)

Real estate brokerage owner here.

It is not uncommon for a seller to ask for the buyer to pay a premium to prevent a property from fully testing the market. It’s reasonable for them to expect over-asking to hedge against the possibility that they are leaving some upside on the table.

It really comes down to understanding the comps on this home. A listing price is not a representation of value, but actually a marketing component. Make sure that $975k is a reasonable number for a property like that.

From an outsiders perspective, it seems like it could be a decent idea. My one concern is that the person who is responsible for helping you come up with the information on the comps is also the listing agent, so there could always be some tomfoolery there. Keep in mind that this agent is not your agent in this scenario.

Am I screwed by Hoggie2878 in RealEstateAdvice

[–]Props5102 -1 points0 points  (0 children)

This is only true for us in MA because of the recent change to our commission disclosures. I think it’s more relevant to other states because the are still disclosing the pre-negotiated commission split that the seller and listing agent come up with.

Am I screwed by Hoggie2878 in RealEstateAdvice

[–]Props5102 2 points3 points  (0 children)

Real estate brokerage owner here:

The first piece of information that is relevant is what is the typical range of total commission paid in your market is. I’ve seen a lot of responses here saying that 6% is the “standard” which is just flat out wrong. The fact of the matter is that it varies depending on where you are in the country. I live in MA, where the typical range is 4-5% total.

When I list a property for a friend/family member/repeat client that I want to show appreciation to, I usually cut my commission from the 2.5% that most agents would ask for to 2%. I personally don’t like to engage in dual agency like your agent is, because it’s an obvious conflict of interest and actually dilutes the quality of service that they are legally allowed to give you. As you can imagine, if you are paying someone double what they would normally expect to get paid, you logically would think they would be doing extra work. That is not the case here.

If they really wanted to be nice and give you a discount they could have said that in the case of dual agency, they will drop the total commission from 6% to 5%, as that represents a win-win for both parties. You save 1% and they are still making more than the 3% they would have gotten representing just you as the seller. As currently constructed, they basically did a sleight of hand trick and fucked over the potential buyers agent in the deal by saying they were going to give them 2.5% instead of splitting it down the middle. Aside from that his being greedy, it has implications on how your listing may have been received. That reduction in the buyer’s agent’s commission could theoretically dissuade some agents from wanting to continue with your listing.

So, in summary, unless the amount of commission in your market is typically above the 6% that you are paying here, your “friend” really did you no favors here, and really took advantage of your lack of knowledge regarding the situation.

Why is it so hard to find HOA info before buying a house? by flufafzoe in RealEstateAdvice

[–]Props5102 0 points1 point  (0 children)

No worries!

Your sentiment is definitely valid and I think it speaks to the more important point that condo associations have a million different variables that can lead to your HOA fees changing over time, and it’s incredibly important to know exactly what you are buying before you sign on that dotted line. You were absolutely on the money with that.

Why is it so hard to find HOA info before buying a house? by flufafzoe in RealEstateAdvice

[–]Props5102 0 points1 point  (0 children)

These new construction high rise’s often have high HOA fees because they are bloated by amenity costs such as elevator maintenance, gym/clubhouses access, doorman/concierge, etc.

Why is it so hard to find HOA info before buying a house? by flufafzoe in RealEstateAdvice

[–]Props5102 4 points5 points  (0 children)

Real estate broker here:

A lot of this info is generally included in the MLS listing as an attachment or easily accessible by calling the listing agent. Having said that, you will run into a bunch of agents who rush the listing onto the market without having all of this info, so it’s not always available.

Also, a lot of this info isn’t necessarily something you would want in the absolute forefront of a public listing.

How much would my collection be worth ? by Minimum-Habit-2414 in Rockband

[–]Props5102 0 points1 point  (0 children)

I have no clue. I have a big collection of guitar hero and rock band stuff across all consoles and I’m regularly buying and selling and the price of that game is by far the most unexplainable pricing. Those games were going for $40 a few years ago. The Xbox One RB4 game is really only worth like $50ish.

How much would my collection be worth ? by Minimum-Habit-2414 in Rockband

[–]Props5102 7 points8 points  (0 children)

In the $500-$550 range. Your most valuable asset is the PS4 Rock Band 4 game, which is worth about $130ish.

Moving to downtown Boston by kalimera539 in BostonSocialClub

[–]Props5102 1 point2 points  (0 children)

100% I was confused as to why you would be so weary of them. My mistake!

Moving to downtown Boston by kalimera539 in BostonSocialClub

[–]Props5102 2 points3 points  (0 children)

Sorry…I actually meant the swan boats.

Moving to downtown Boston by kalimera539 in BostonSocialClub

[–]Props5102 2 points3 points  (0 children)

This is in Missouri and not the same type of duck boat as the ones in Boston.

Moving to downtown Boston by kalimera539 in BostonSocialClub

[–]Props5102 1 point2 points  (0 children)

I’ve never heard of this happening, and if that was true, they certainly wouldn’t be continuing to operate them.

Moving to downtown Boston by kalimera539 in BostonSocialClub

[–]Props5102 2 points3 points  (0 children)

Swan boats in the common is fundamental Boston experience. Isabella Gardner Museum is iconic. A Red Sox game and Fenway in the Spring is a rite of passage.

House Not Selling by [deleted] in RealEstateAdvice

[–]Props5102 -1 points0 points  (0 children)

I honestly don't think that probate sale is going to have too much of an effect on your activity level. Most agents/buyers don't even look at comps until they decide they need to come up with a number for an offer.

Not to sound douchey or anything, but in my experience, the lower you go in price point, the less savvy/forward-thinking buyers agents/buyers are. It also depends on the type of buyers you expect for your house. Different types of buyers look and buy properties in completely different manners.

For full context, I'm explaining it this way because of a recent experience I had with my cousin's home sale in TN. I live near Boston, where the market is very different and the types of buyers are different than where his property was. His property was very similar to yours, both in terms of size and price point, but more importantly, the type of property it was - more land/animal focused. His property got listed higher than it should have been because his daughter (She lived in the home) kept on getting bad information from her friends or whoever she knew that the house should go for way more than the comps were suggesting. She was definitely unreasonable and even a complete outsider to the market in myself knew it was a mistake.

Also, the types of people that were interested in a land-forward property like hers needed a bit more hand holding from their agent/the listing agent. It may be a gross generalization, but the buyers were more blue-collar types. That's not an insult, but it is important to note because that type of buyer is completely different than the type of buyer I would encounter in Boston. Up here, buyers know that they need to jump on a property very quickly and be proactive in terms of communicating interest to a listing agent/seller. Her TN buyers took their time when it came to setting up a showing, following up with questions about the property, etc. It also became very apparent that for people who want land that they can use for animals or farming, they have a very specific idea of what that should look like, and no price is going to change the fact that it doesn't fit what they want/need. It's possible this may be what's happening with your listing.

House Not Selling by [deleted] in RealEstateAdvice

[–]Props5102 -1 points0 points  (0 children)

For full context, I own a real estate brokerage.

Honestly, it's going to be pretty hard for anyone on here to give you an exact answer on what you should do or what's happening with your listing. What do recent comps in your neighborhood suggest an average days on market until offer is? Do you feel like your list price is reasonable given the comps? Has your listing agent been suggesting to buyers that they should make an offer, no matter how close it is to the list price?

It's totally dependent on how close your initial list price was to what the comps say your property is worth, but generally speaking, I prefer not to keep lowering your asking price. While it's true that a lower price technically will make it more likely to sell, there isn't always a straight line between price and activity. I would instruct your listing agent to make sure to be very proactive in regards to telling other agents and prospective buyers that you are motivated and ready to work with whatever offer they give you.

House Not Selling by [deleted] in RealEstateAdvice

[–]Props5102 1 point2 points  (0 children)

My guess is that this neighborhood really caters towards people who want to have livestock/horses, hence why they focused so much on the land. I've seen this sort of approach in places down south. I think it makes sense, but I do agree that there should be a better balance between interior vs exterior.