 How old is too old for a house/flat share? |
| Is 33 y.o. too old for a house share? My mum said I should grow up and that I should be getting my own place at my age.... |
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 Im moving out of my house!? |
| right now im searching.. waht do i need to do.. and what do i need to know when i go visit the aprtment and what ... |
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 Unable to rent a house on benefits? |
| I am a single parent, unable to work at the moment as I take care of my little girl. I am therefore on benefits. I would like to rent a house with my parents but the estate agents all say that as ... |
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 Pulling out of renting a house? |
| My friends and I recently found a student house which would be suitable for what we wanted so we told the landlord that we would be interested in renting it and sent off the relavent details so the ... |
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 Can my realestate agent lend me money? |
| The appraisal didn't come high enough on the home we are going to purchase. The sellers are not willing to come down and the bank won't borrow us the full amount. Our realestate agent has ... |
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 I feel cheated....? |
| Was to sign a house to rent yesterday..Over the weekend..Gave the landlord the choice to when to meet up...Time came around he stood me up - Was a few hrs away. So he made it for today...Well here ... |
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 Eviction question? |
| I gave my mother my apartment, this is in the state of California , Btw and now she was served with a summons, a five day summons, and the manager wants her to pay all the late fees that's been ... |
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 Can he take me to court? |
I rented from my father and did not sign anything like a lease or something.
And now I have moved out and I did not pay him for a while, I only paid the electricity bill. I did not pay him ... |
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 My landlord entered my house without notice - no emergency - what kind of recourse do I have about that? |
| I told her 3 months ago that the windows don't close. She sent a guy to fix it one month ago, he said the house had shifted, no way to fix it. She called another window repair guy. They came ... |
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 Tenants contract? |
| I have tenants leaving 2 weeks before their contract ends. Are they required to pay to the end of the month (end of their contract) even though I have secured new tenants to move in immediately ... |
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 Buying a cheaper property - good or bad? |
| My boyfriend and I have a budget of £200k for a property. We've decided to buy an apartment for £140k and put £40k into the mortgage straight away - meaning our monthly payments will be ... |
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 I own a house and I also have a roommate.? |
| I have a house and a roommate, if my roommate and I don't get along can I tell him it's time for him find another place to live or do I have to get an invection notice? We did not sighn ... |
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 How can i find furniture to an apartment, when it is for rent JUST for 2 months ? |
| I am outside the states right now, and I'll be in Santa Barbara in Jul, the problem is that i find unfurnished apartment for rent just for 2 months or less, the Q is how can i find furniture to ... |
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 I bought a condo, and board is making me to remove my aid dog bc of their 'no pet rule'? |
This may get a little long, but here goes:
I purchased a condo back in August. Throughout my search, I made a point to let everyone know that I have a dog and needed to buy a place that allowed ... |
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 Which one would add more value to a house? A kitchen remodel or an addition? |
| So me and my mom have been arguing about this lol. She wants to add more equity to the house so she thinks that adding an addition would do it but I think remodeling and upgrading the kitchen would ... |
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 Unethical? Unlawful? Lost 15 Square feet 1 month after buying a condo!!? |
| We recently bought a brand new condo with 800 square feet in NJ. After moving in for 6 weeks, we were informed by our lawyer that the square footage calculations previously provided to us were ... |
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 How can I prove that an unauthorized tenant is living in my rental unit? |
| I am trying to evict a tenant for not paying rent and for many other reasons as well. He has an unauthorized co-tenant living there in the house with him. He claims that he lives there alone and ... |
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Michael M | My friend is a real estate agent. Should I let them sell my home? |
what are the pros and cons of letting friends list your home? |
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Searchlight Crusade
|
Evaluate your friend on the same basis you would any other real estate agent, and require exactly the same things. Because they are your friend, you give them first shot at the business, but don't let them get away with anything you wouldn't let a stranger get away with.
And to the answerer who said "make them drop their commission to 1%": You get what you pay for. I'm a buyer's specialist and my clients are very happy when I sit across the table from those discount listing agents. It's not just a matter of hanging tough at the table, although they won't do that either. Paying a good listing agent 3% will net you more cash, more quickly, in the vast majority of cases. |
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Kara C
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Depends. Is he professional?
When you hire a Realtor to sell your home, you do so because you have a job you need done, handled by an educated professional that you can trust to do the job right.
I have been a Realtor for several years and I know there have been times earlier on in my career when I felt extremely slighted by friends that did not hire me to find or list homes for them.
Your best bet is to be honest with your friend, tell them you are nervous about hiring them because you don't want there to be conflict within your relationship as friends. However, give them the opportunity to apply for the position of selling your home and being your Realtor. I can honestly say what hurt me, were friends that went behind my back and hired a stranger without ever giving me the opportunity to show them what I could do. It made me feel like they had no faith in my abilities to do my job and that they questioned my success in the career I had chosen for myself.
Tell your friend to present to you as if you were a total stranger, that you want to see how they are going to sell your home and at what price...they will respect you for the opportunity and probably try even harder than normal to get your business because they don't want to disappoint a friend!
I know every friend I ever did business with, I made it a point to ALWAYS work EXTRA hard because I wanted them to be proud and confident about the decision to mix business with friendship! |
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rentahandyman
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Kara C is right on, talk to your friend first and give them an opportunity to "apply" just like you should interview other real estate agents, then choose the best one for you.
rentahandyman@yahoo.com |
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smaddur
 |
It really depends on your friends marketing skills. It really doesnt matter who sells it. |
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robert S
 |
If your friend is a good professional, hire him. If not take him out to the ball game but hire somebody else. The last thing you want to do is to give business to a friend or family member that cannot handle the job. Then you end up firing them. Be careful with that. But there is absolutly nothing wrong with it if the person can handle the job. just be open and discuss the matter before hand.
For those who advise you to ask for a commission cut... those are really ignorant people giving you dumb answers. Don't ask people to give you a part of their pay check unless you are prepared to turn over yours. A 1% cut out of a 3% co-broke commission amounts a 33% reduction in earnings. It would be very offensive to your friend.
The problem is that everyone sees an agent driving up in a car and they think that is all of their cost. What people don't see is that real estate companies also pay rent, electricity, salaries, telephone, insurance, and much more, just like any other businesses. Oh, by the way one full page advertisment on the paper on Sunday is $10,000 and there are 56 weeks a year. The average comapny takes about 6 to 12% profit after all expenses. For your information, I am a CFO and I have seen many financial statements including real estate companies. |
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chr1
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Never mix friendship and business. You'll regret it. Trust me. |
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LasVegasMomma
 |
How good of a friend is this? If you trust your friend, then I would think it would be a logical choice. At least TALK to your friend about the situation. It's not fair to decide to hire another agent without first talking to your friend. Most agents give friends and family EXTRA time and attention. Unless you feel your friend is not a good agent or you don't trust him/her, hiring someone you know, can trust, and should be able to communicate with would be the logical choice. If you hire someone other than your friend, you are sure to damage the relationship.
Good Luck. |
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tracy n
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if they don't get the amount you are asking there will be strange feelings. also if something is wrong with your house and your friend sides with the buyer bad feelings |
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Lulabelle
|
Pro: May devote more time and attention to selling your home to clients versus an agent that does not know you.
Con: May not devote more time and attention to selling your home to clients because they know you.
Pro: Will give you the inside scoop on repairs that you will need to undergo to sell your home.
Con: You may get upset and experience ruffled feathers by their advice about repairs on your home because you have a vested interest in maintaining the friendship and do not want negative feedback.
Pro: Will still charge the regular commission amount (ethical).
Con: Will still charge the regular commission amount (bummer).
My recommendation, have your friend recommend an agent in their office to list your home and be your agent. |
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BrendaWise
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Only if he drops his commission to 1%. |
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Mtn Chick
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Do you trust this person? Is he/she good? If you don't think your friend is an unstable, incompetent person, if this person treats you with respect and wouldn't mislead you, if you are not going to be an ultra-sensitive seller, then yes you should use them.
I'm a Realtor and while I look out and work hard for all of my clients, I'd treat my friends professionally and be sure to do a great job.
Good luck selling! |
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N@NCY
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YEA...IF HE/SHE IS A GOOD ONE.AND U MIGHT GET SUM DISCOUNTS SINCE IS A FRIEND |
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