 What can I do about noiseyneighbors in my apartment building? Los Angeles here!!? |
| The neighbors that live below me play music all the time. It thimps with bass and I can barely watch TV or concentrate. I have tried to talk with them, but no luck. I've reported them to the ... |
|
 We're renting a townhome from Remax realty in Chesapeake Virginia that has big cockroaches, what will they do? |
| We started living at our new townhome (rental) on the 20th and there are cockroaches. We just moved in 2 nights ago and last night we saw 3 different ones run and scurry across the floor. The realtor ... |
|
 Ok.. FHA say's I'm approved for the loan. Closing is Set for this coming Tuesday. Title work has been ordered? |
| They have doen all the paper work W2's, Bank Statements, IRA funds, Credit Reports, ETC.. They called my employers this past wednesday to verify my employement.. Loan officer told me they would ... |
|
 On a 100% loan - what costs are the buyer responsible for? |
| I found a house I like while browsing. I had no plans to buy but now I am thinking about it. I have good credit and job history but no savings really. So I would need to do a 100% financed loan; ... |
|
 Tips for selling my house myself??? |
| My husband and I would like to sell our house without a Realtor. I understand that the process can be a difficult one. Any tips to make it sell faster? I will appreciate anything, from staging my ... |
|
 What advice do you have to offer when selling a home with out an agent? |
| A friend of mine is wanting to sell his home without a Realestate agent. What all should he do? Thanks.... |
|
 What's the typical down payment like on a condo? |
| I've heard the 10% figure tossed around quite a bit. I'm realistically looking at something in the $150,000-$200,000 range, probably in Florida. Is 10% pretty much standard or does it ... |
|
 How much would we need to earn per annum to get a £70,000 mortgage? |
How much would a bank realistically be looking at us (a couple) earning to grant us a mortgage? What about if just one of us is working?
Thanks!
(Trying to figure out whether ... |
|
 If I rent a room to somebody under 21 and they drink alcohol in the house am I responsible? |
I am renting out a room in my house and one of the potential renters is under 21. If he drinks alcohol in the house am I responsible if he gets pulled over?
Additional Details
Im in C... |
|
 Is century lending group a scam? |
| they are trying to get money i can not even find their web ... |
|
 I'm moving into my first apartment? Any important things I should know? ? |
| Also how does utilities work? I pay the apartment place or do i have to go through the heat, water, and internet people?... |
|
 What does `under the table` money mean....talking about mortgage deals dealing with a solicitor? |
| solicitor may have taken 10k less from us, but no solicitor does that without illegal reason hes saying hes charged us or dealt the house at 10k less but its all looking like fraud day by day. dad ... |
|
 How much my property worth now? |
I bought my property 2 years ago on £157000/- (2 double Room and 1 single Room+lounge+ kitchen and Bathroom.
For that price i thought it was a bargain. I have inversted £5000/- on new kitchen ... |
|
 Why are my section 8 neighbors buying cable? |
| They just moved in and are renters. Our previous neighbors were also section 8 renters. And wow, they were they worst neighbors ever. They had a billion kids and trashed the place. Why are these ... |
|
 How old do you have to be to move out of your parents home in the UK? |
| I am coming up to 17 and have had quite enough, how old do I have to be to lawfully allow myself to live somewhere else?... |
|
 So, why does the county real estate property appraisal continue to go up & the bank appraisal value goes down? |
| So the government plans on collecting the same or more tax money? They are not lowering real estate property appraisal values.... |
|
|  |
Jennywren | House for sale owned by the listing agent.? |
We are in NJ. We're interested in a particular house which we have an appt to see. I checked into the tax info and saw who currently owns the home. I just realized he is the real estate agent who listed the house. How does that work? Shouldn't someone else list his house for him? Another agent in his same company is showing us the house. Does he make a commission too? Or just the money from the sale? And if you were an agent would you list your own house higher than you expect to get for it, or already at a decent price considering a little bit of negotiation? I'm freaked out not knowing if we should make an offer considerably less knowing houses aren't selling near us, prices are dropping every week, or maybe he's asking what he thinks is reasonable considering the market. I'm really just rambling. Any thoughts?
Additional Details
He's actually owned it for several years, recently renovated though. |
 |
 
Alterfemego
|
Well what you have is dual agency. I don't know if NJ has a "buyer's contract"? If they do, then you need to understand your rights under that contract regarding "dual agency". While it is not uncommon, it is required by law that the listing agent reveal to you that he is also the owner of the home. And the agent working to show you the home, should have revealed to you that by showing you the home, it is dual agency. If they didn't , they have broken the law.
Don't be freaked out, but you do not want to tell either of them your financial information, or anything about your motivation to purchase. Should you decide to purchase the home, of course the listing agent should be listing the home at fair market value, but to be sure, ask your agent to provide you with sales of similar homes that have sold within the last 6 months in the neighborhood. And yes the commission would be split between the agents and the broker. Then decide for yourself what you want to offer.
But know this, if you had an agent representing you alone, you could rely on their expertise and experience to provide advise. It's not too late to find your own agent, but do it before you view the home. |
|
jds792
|
Why would you EVER call the listing agent to show you a house? It won't cost you any more money to have your own agent that represents you. That alone would help you deal with this situation. |
|
Elsa D
|
There are no rules forbidding an agent from selling their own home. They would be foolish to hire someone else, they would have to pay commission.
Your agent will still get his commission, the buyers agent is not effected. He may even get more.
In CA this information was supposed to be disclosed in the MLS, you should not have to find it. |
|
Casey C
|
Definitely get your own realtor and let them do the work for you. Just like everyone else said, it's not a problem for a realtor to list their own property... this is very common.
Just a get a professional to negotiate for you. The seller pays their commission. If they aren't willing to work with a buyer's realtor, move to the next house.... there are plenty of them in this market! |
|
divepassion
 |
As an agent myself I can tell you that he knows precisely what the value of his home is. The reason the agent is using the system is because he knows how well it works and he wants to go professional. He knows it is advantageous to his circumstances. |
|
AssMan
|
Make an offer considerably less but not unfair. Being an agent, he or she knows relatively what homes sell for and would like to get the highest price possible, thus the listing price is the highest price possible that is not unfair. Do yourself a favor research how much other homes in the area sold for. Judging from the information, a house owned by an agent is probably a home flipped to make more money and they would like to move it as soon as possible. Definitely lowball the offer, the agent always can counter. |
|
dianaparisian
 |
Get your own representation, not a designated agent from the same brokerage firm. That makes it more of an arms length deal and you can be assured you are being represented fairly and equitably. Dual agency is when the listing agent represents their listing and the buyer. Designated agency is when the listing agent and the buyer agent are from the same brokerage..... how impartial can that be?? Sometimes good, but if you are uncomfortable, then you have a choice. YOU choose your own agent to represent YOU and the seller would pay their commission if you buy. Then your agent could give you guidance on an offer price, negotiate the deal and help you get the house. |
|
Nora C
 |
I would work with a Realtor in my side, a "buyers agent", she will check the price of that house.
ASK her for a "comparative marker analysis" where you will find the priced of sold comparable houses in the area.
Then you make the decision about how much you want to offer, take advantage of the "buyers market".
The seller normally pays the fee of your agent!!...then it does not cost you anything to work with a pro!
Good luck! |
|
duracell101
 |
well most agents tend to list their own houses. it means nothing they aren't getting a commission on it. a rule of thumb is that the seller wants to get the most for the property but the buyer sets the value. so my advice to you is to offer what you think the house is worth. |
|
Jason W
|
In the book "Freakonomics," the authors point out that real estate agents sell their own houses for about $10,000 more than they'd sell for were they owned by a non-agent. He probably gets to keep his cut of the commission as salary if he's selling it through his agency. Be prepared to pay more if the agent is selling his own house. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 13 minutes(s) ago
| | | |
10 | 19 minutes(s) ago
| | | |
10 | 30 minutes(s) ago
| | | |
10 | 3 hour(s) ago
| | | |
10 | 4 hour(s) ago
| | | |
10 | 8 hour(s) ago
| | | |
10 | 9 hour(s) ago
| | | |
10 | 10 hour(s) ago
| | | |
10 | 2 day(s) ago
| | | |
10 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
