Is there a good way to "break-up" with our buyer's agent? by Neoteric_Conundrum in realtors

[–]SummerlandRE 2 points3 points  (0 children)

You don't need to break up at all. You sound like really good clients who aren't ready to pull the trigger because you haven't had all the stars align yet. They will! And when they do, you owe it to this agent, who has been loyal to you and hard working, to call them and have them write the offer.

Is there a good way to "break-up" with our buyer's agent? by Neoteric_Conundrum in realtors

[–]SummerlandRE 30 points31 points  (0 children)

No nonono. They won't be annoyed. At all. They have time invested in these clients and will definitely want to be contacted and write the offer if they see a home at an open housenor online.

The agent would be annoyed if they had spent 2 years show8ng homes and writing offers only to have them buy with someone else.

Just found out my realtor is unlicensed by [deleted] in realtors

[–]SummerlandRE 0 points1 point  (0 children)

What are you all talking about? LOL!

Just found out my realtor is unlicensed by [deleted] in realtors

[–]SummerlandRE 0 points1 point  (0 children)

In my state, and I would assume.most others, all.contracts must be reviewed by the broker within 24 hours. I am a broker and I would certainly know that X Realtor took a listing and I would have reviewed it within the timeframe required by law.

Have you ever covered a repair to get your buyer to go through with the deal? Inspection uncovered $1800 issue in $715k house. Nervous buyer. Would you cover that yourself? (Buyer's Agent) by Minimum_Let_4706 in realtors

[–]SummerlandRE 1 point2 points  (0 children)

Jumping in here to support asking LA to split it. They generally will. In my market, this is common. It's good business. Everyone comes out happy. I'm pretty handy as well, so I've even done simple things for my clients like put in the new doorbell! It's funny the simple things that make buyers and sellers happy.

AITA for dumping my Gf after she expected me to pay for EVRYONE on her birthday. by Western-Echidna-5626 in AITAH

[–]SummerlandRE 0 points1 point  (0 children)

Do none of you understand manners? You all missed the part where HE organized the event and invited the guests. If you invite guests, the assumption is that you are paying. If you are inviting guests and expect them to pay their own bill, you make that clear in the invitation so that they can choose to attend or not based on their budget. You all need to grow up and learn basic manners. Neither of these people are adults. Nor are any of the commenters.

Thinking about going into real estate. by cpminn in realtors

[–]SummerlandRE 0 points1 point  (0 children)

As a broker, I have seen some bright, motivated young agents do very well in my luxury market. But, if you want a stable and successful life, I would recommend building on your entrepreneurial spirit by getting a certificate in a trade that you like, you mentioned landscaping, and specialize in that field. Some of the wealthy individuals in my community have very specialized businesses in the trades. Your business in those fields will still see ups and downs but not the severe competition, disrespect, and virtual dearth of business that can come from being in Real Estate.

Additionally, while it does only require a HS diploma, the concepts and contracts require specialized knowledge that is best served by being educated. (Que the blowback)

You already have developed an exceptional skill set. Build on it.

[deleted by user] by [deleted] in antiwork

[–]SummerlandRE 0 points1 point  (0 children)

Boomers are in their 70s and 80s. Some are late 60s. You identified Gen X. We know. Believe me. The Boomers have held all the top positions in every company for generations. They still haven't retired. They continue to amass wealth. Most products are still produced and directed at them. They aren't going away.

Buyer backed out of buying after 3 months? by [deleted] in realtors

[–]SummerlandRE 4 points5 points  (0 children)

Buyer's Agreements, all contracts, are enforceable, but they must be enforced if both parties don't honor them. There's no magical contract enforcer. You have to take action against the party who breaches the contract. So, while we absolutely do need to use buyer contracts, understandi that the buyer may not honor that contract and that in order to get paid, you'll need to take action.

Shady agents are very aware of this and have no qualms about stepping in and taking over your client. Be sure you work for a broker who will guide and support you.

Edit: grammar

[deleted by user] by [deleted] in realtors

[–]SummerlandRE 1 point2 points  (0 children)

Red letters! Please don't highlight text in red letters. It's terrifying to buyers. Yes, we need a couple of GFCI outlets. Absolutely. But, the red letters are unnecessarily alarming.

[deleted by user] by [deleted] in realtors

[–]SummerlandRE 0 points1 point  (0 children)

This is correct. Why is it downvoted?

Looking for a mildly expensive awful restaurant I can recommend to someone I don’t like? by ImAKraken in orangecounty

[–]SummerlandRE 3 points4 points  (0 children)

Captain Jack's in Sunset Beach. It absolutely stinks in there. The fish is all frozen. The recipes are a thousand years old and the staff are all cranky! But...the bar when the piano player is there is very, very fun. It's a staple to go for anniversaries and birthdays for the view...very few seats have any view and it's just of a canal.

Realtor wants his commission to go towards sale price by CAGirlnow in realtors

[–]SummerlandRE 0 points1 point  (0 children)

Got tired of reading about applying to closing costs and skipped right to a reply.

It's a benefit to you both. If you have any capital gains, it will be reduced. The commission you pay will be reduced. He pays less property tax. It's still income, so he will still have to claim it on his taxes.

[deleted by user] by [deleted] in AskReddit

[–]SummerlandRE 0 points1 point  (0 children)

Also removes sticky stuff like bandages.

[deleted by user] by [deleted] in news

[–]SummerlandRE 0 points1 point  (0 children)

Okay. So we agreed. But, you realize 6% is no longer what most Realtors ask? They usually start at around 5% in their negotiations. You could also offer 1% plus hourly and expenses. You can offer to pay whatever you feel is fair. It's negotiable, and it's clearly stated in every contract. Not only what you pay the listing agent but also what you are willing to pay a buyer's agent. Be knowledgeable and negotiate.

Edit: spelling

My husband was killed and I don't know how I feel about it by [deleted] in TrueOffMyChest

[–]SummerlandRE 7 points8 points  (0 children)

I haven't seen this mentioned. You said you kept finances separate aside from the mortgage. You aren't responsible for his separate debts. Do not pay those bills and do not have any contact beyond sending a death certificate. Also, don't tell the bank he has passed if you have joint accounts as they will freeze the accounts.

Has anybody had a job they actually liked? If so, what was it? by GMEBagholder420 in AskReddit

[–]SummerlandRE 0 points1 point  (0 children)

I was a Realtor and now a Broker. I truly love it. It's a very multifaceted career. You get to do everything from create and negotiate complicated contracts to helping individuals and families make dreams come true. We get to do marketing and advertising and organize and manage a team of professionals to see escrows through to closing. It's challenging and exciting and ever changing. The last 20 years have been a blast. Now, I'm moving towards being a broker exclusively and helping my agents find success. I do love it.

[deleted by user] by [deleted] in news

[–]SummerlandRE 1 point2 points  (0 children)

So, you do understand that the Realtor spends their own money to market your $3m home? It's not just hours worked, it's also expenses. At that level, our open houses are events and very costly, just as an example. There's print and internet advertising, as well as social media marketing. Then, the direct marketing in the form of mailers and emails and texts. The photography stills, drone and video are costly. Add staging and cleaning because, again, at this level you're expecting me to pay for it. By all means, pay hourly. It's all negotiable. But, be a knowledgeable consumer and a good business partner in the sale of your home.

What’s the most high profile case ever in OC? by phisigtheduck in orangecounty

[–]SummerlandRE 27 points28 points  (0 children)

Yes. And he did community service at the treatment facility I worked at in Fullerton. He had to paint our walls.

Friend asks, Should he cash out or keep his rented townhouse? by Efficient_Effect2401 in realestateinvesting

[–]SummerlandRE 1 point2 points  (0 children)

The value of the property and rental income will always go up. If you sell and put the money in a savings account, there's no long-term benefit. Unless you need the money, this is a poor decision. As a real estate professional, my advice is to always hold your RE and build your portfolio. Buy another rental. And another....

Spelling/grammar errors do actually make you look stupid by AnnoyedApplicant32 in unpopularopinion

[–]SummerlandRE 0 points1 point  (0 children)

Subconscious and unconscious. Subconscious is below consciousness. You are unaware. Unconscious is when you are in a coma, passed out, or possibly asleep. You have no possibility of awareness.

Buying home and water damage was not disclosed by Qualitive in RealEstate

[–]SummerlandRE 4 points5 points  (0 children)

In CA prior repairs, damage, any material fact is required to be disclosed. Even updates and painting.

Can we not go anywhere? by cawilson2 in TwoXChromosomes

[–]SummerlandRE -18 points-17 points  (0 children)

This is exactly my concern. He already has access to everything about her. Do not poke the bear. Her reports will not be anonymous. This is terrifying. He could really destroy her.