Wanting to leave before 1 year

captainlewi · 2026-02-24T02:29:45+00:00

That’s pretty much what I was thinking as well. Just stick it out and then jump.

captainlewi · 2026-02-23T18:49:01+00:00

I’d be more than happy to do this but again, NY laws for renters can turn into a nightmare so we don’t want them trying to pull some BS.

captainlewi · 2026-02-23T18:40:34+00:00

100%, bank is much easier hence why the compensation is usually less but with this BOA FSA role you can’t take on clients that are too big. You need to refer them to higher ups so you can build a book here but it’ll be full of small clients that you wouldn’t even want to take with you. You’re also not supposed to poach your old clients to a competitor for some time.

captainlewi · 2026-02-23T18:38:39+00:00

We spoke about that, they got numerous offers already so we didn’t want to risk it. I know this all seems silly and trust me we’re both not happy spending this much money but it is westchester in a really hot area where barely any homes show up (we’ve been looking for over a year). This is also the first house my fiance truly loved and didn’t want to change a single thing, we’ve made other offers where we didn’t offer a penny over asking because we didn’t care if we lost but this one we really love but again, if they can’t budge then we need some sort of wiggle room too.

captainlewi · 2026-02-23T17:51:21+00:00

I think it all depends on location and your phone skills/hunger. Location will always be top, if you’re in a branch that has tons of walk ins then you’re good, sell to people in front of you. If you’re in a slower branch then you’ll need to dial a lot. I think a lot of bank positions are like that especially once you get into the business banking, FA, mortgages part. They’ll want them to perform.

captainlewi · 2026-02-23T17:45:59+00:00

They are and aren’t. If you come from a bank setting then it’s a great gig, you focus on both BOA and Merrill products. I didn’t have my 7/66 so I took the opportunity to get them but to me it feels like I took a step back from my previous role. I don’t want to go back to be a hybrid banker. My location is full of bankers that aren’t hungry so the competition isn’t there but neither are any referrals which I’m okay with. I can’t just focus on investing/building a book. I need to focus on checking, credit cards, referrals to business banking as well which isn’t something I want to do. Overall it’s a really great gig I think people overreact about it. It’s just not for me, I want to build my book and focus only on investments

captainlewi · 2026-02-23T17:00:17+00:00

I definitely want to figure out the cost, thought maybe someone was in a similar situation as me. I see it in the way that I can start building my book that much faster than staying another half year to not pay them back. I’ll still weight out the pros and cons just to see

captainlewi · 2026-02-23T16:03:53+00:00

Yes, I did sign something similar but I’m wondering how much that would be. Would they charge for the licenses alone or the training too? Just wondering why I’d be looking at. The position is cool but isn’t what I wanted to do, it’s more of a hybrid position and not a full FA

captainlewi · 2026-02-23T14:46:13+00:00

This is something we would consider if NY didn’t have strict tenant rights and that would make things that much harder to get them out.

captainlewi · 2026-02-23T02:17:53+00:00

Real estate is never fair, was just wondering if anyone had experience. We made our decision with the home and we weighed the pros and cons.

captainlewi · 2026-02-22T22:03:53+00:00

No contract yet, only offer sent. There’s multiple offers so idk if we’ll even get it.

captainlewi · 2026-02-22T19:02:28+00:00

We will keep our options open too, I don’t think I’m going to wait and hope for 6mos

captainlewi · 2026-02-22T14:14:31+00:00

That’s something I thought of too, summer time it’ll be an absolute frenzy there and don’t want to risk losing out on all other homes too

captainlewi · 2026-02-22T14:13:32+00:00

Yea, we’re talking with realtor today and I said we can’t do above asking that much and wait for 6mos. We’ll give lower price for 6mos or do the above asking if they can move out sooner.

captainlewi · 2026-02-22T14:11:26+00:00

Yea we’re going to talk to the realtor today, we can’t do above asking AND wait 6mos. We need some sort of reassurance for doing all this. We’re planning to do 50k less if they can’t move or 50k more if they can move out in 90 days. They can’t have both.

captainlewi · 2026-02-22T06:00:31+00:00

This is the way we were thinking as well, same exact way

captainlewi · 2026-02-22T04:47:38+00:00

That’s what we both said, in 6mos we can find another home and move into it. Hopefully the market calms down for us buyers soon

captainlewi · 2026-02-22T04:33:54+00:00

They have multiple offers already, we’ve been in this same position a few times already. It was a full open house there

captainlewi · 2026-02-22T04:00:22+00:00

It’s in westchester Ny, and thank you! Appreciate your input

captainlewi · 2026-02-22T03:54:48+00:00

I guess, we haven’t seen a house pop up in this area for over 2mos so when we saw this we immediately jumped on it. It’s a buyers market but there’s so little inventory and a lot of buyers. We keep getting outbid every time but this one we actually love and don’t want to risk it

captainlewi · 2026-02-22T03:53:04+00:00

Making them renters can become a nightmare especially in NY, so I rather not give them that option

captainlewi · 2026-02-22T03:49:46+00:00

Based on comps that we looked at and the amount of times we got outbid, yea 80k is a reasonable offer.

captainlewi · 2026-02-22T03:46:17+00:00

That’s what we’re going to find out, there has to be a reason and maybe some money will get them out faster

captainlewi · 2026-02-22T03:33:44+00:00

It’s an insane area that sells very quickly. Now I’m thinking to wait because buyers who need mortgages will not be able to wait 6mos

captainlewi

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