 Is it pointless to put extra money towards mortgage if planning to move in the next year or two? |
| My husband and I are planning to move soon. I say that extra payments at this point are akin to putting money under the mattress. He thinks we will get more than we put in when we sell. We ... |
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 Just recieved house from a family member that has passed? |
| we recieved a house from a family member, completely paid off. its worth between 200 thou and 250. me and my fiance both have credit issues. my question is that we both would like to have a new ... |
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 Does a landlord have the right to tell you to "move out" because he doesn't like you asking for repairs? |
| My landlord told me by phone to "not say anything" with the city inspector comes. I assume the city inspector would come alone, not with the landlord when doing the inspection. There are ... |
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 What is a mortage? |
| I still have a hard time understanding what a mortage is!... |
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 First time renting help? |
| im 17 at the moment but in about 2 years time i want to rent a flat with my friend can i hav some facts and advice please. i currently hav no job at the moment but plan to when i finish college next ... |
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 Has anyone ever sold a house to National Home buyers ? |
I believe they make you a cash offer ,however they ask for an upfront fee before they even come out to look at the house.
Is this a scam because they offer a really bad price or just to ensure ... |
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 Real estate investing question? |
| If I put a down payment on a house, can I immediately begin renting it out, using that rent to help pay down the mortgage? Is this feasible or am I missing some dynamic? There must be a downside. P... |
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 What are my rights when buying a house? |
| I am buying a house i UK. I have already signed the contracts and made a deposit of 5% of the mortgage through my sollicitor. I was told I will get the keys to the house as soon as I do this.After ... |
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 We are renting to own a home and Landlord has told us that his homeowners insurance has gone up to $625.00? |
| monthly. Our monthly payment with this increase is $2150.00 per month. I am a Stay at home Mom and we can not afford this!! He told us to try to get our own coverage when we moved in 2 months ago ( ... |
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 Can the landlord keep my stuff and let other renters use it, if they never gave me a chance to go and get it? |
| My boyfriend and I were out of town for a month. We gave the rent money to a friend who was staying there to watch our cat while we were gone. She ended up not paying it so we got an eviction ... |
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 Can I sue my Landlord?!?!? |
| Okay, so here is the deal. I came home from my father in-laws house fixing an computer problem for him to come back to my place to notice and pretty big crack in my ceiling. Looking at the crack I ... |
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 Can I afford this Apartment? |
| Its really nice its 2 bed room for $1600. I make about $3000 a month as a nurse. Cell phone is $100. car payment is $260 insurance is $145. Tv and internet is $135. The website says the apartment ... |
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 Is my friend entitled to housing benefit.? |
| A friend of mine has never worked and has two grown up children living at home,her husband has just walked out on her.Will she be able to claim housing benefit.The rent is paid for the next month,but ... |
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 Which is cheaper building a buying a house? |
| Me and my husband are thinking of building a house even though we dont have land so we will have to buy a site plus build on it. So would it be cheaper to build or just buy a house in Ireland??... |
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 If apartment building is being sold do I get my deposit money back? |
| The apartment building I'm currently living in is being sold to a new owner. What do I do about my deposit money? Technically, when it's sold to a new owner, the previous owner would still ... |
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 I have no proof of income and need to rent? |
Hi All,
rather than beat around the bush like other questions i thought I could just be straight forward.
I am an escort, i work for a company. However, I make cash only, and i ... |
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XcuseMe | Should I sell my home or ask agent to sell it? |
The 5 % agent commission is quit a lot in which I have to pay $11,000 for a $222,000 home. |
 |
 
gofrfkim
 |
Well, first off, any agents commission is totally negotiable. Just keep in mind that generally 3% to each is customary, the lower you go, the less the agent is going to work. This is generally speaking. If you are in Southern CA, I will list your home for 1%, or you can sell it FSBO, and we offer discounted, flat-fee MLS Listing. But, if you want to save the whole listing agent commission, I would recommend our FREE FSBO System. Silver Gate powered by First Republic Funding is available Nationwide. We have gone to extraordinary lengths to make this system easy to use. Find a qualified buyer FAST. Deal only with Pre-Qualified Serious Buyers! It is currently in use by Top Producing Realtors to help them sell their listings faster. Keep the agent commission in your own pocket! For more information on what Silver Gate can do for you, visit the website below. Try it out! Should you decide to list with an agent, and are not in CA, I will assist you in finding a local agent to do either the flat-fee or 1% listing. Best of luck! |
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Shortstuff13
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It's always best to try your home yourself, first, so you don't have to pay a commission. Put ads in the newspaper, hold an open house now & then, & put a sign or two outside. Give yourself some time to sell your home & see what happens. A realtor once told me that when showing your home to potential buyers, burn some scented candles throughout your home. It creates a sense of relaxation in your home as well as create a nice scent. |
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slguldi
 |
Hire an agent, it increases your exposure exponetially, and going by the numbers FSBO's generally make 16 percent LESS then a sale through an agent (see below). So save x% (whatever you negotiate with your agent) or make 16% more.....
As a FSBO: If you get any buyers their thought process is well, the seller is not paying comission so let me subtract that fron the top and then the buyer also discounts what they were thinking about discounting anyhow from their offer. Furthermore if the buyer is represented they may ask you to compensate their agent as traditionally it is the seller who pays commission (technically to the listing broker who then pays the buyer broker from that commission)
You also have to ask yourself, how will you handle scheduling showings, do you work full time, what if someone wants to see the house when you have to work. How will you verify they are prequalified? What Marketing will you do, and what mix, what is your advertising budget? and so on and so on. Also, if you do decide to go FSBO, you should contact a real estate attorney so you know all the required disclosures that must be made for your state and you have a plan for preparing the contract if you procure a buyer.
Every year NAR (National Assn. of Realtors) commissions a home buyers and home sellers survey. The 2005 NAR data showed that homes sold by practitioners fetched 16 percent more than those sold by FSBOs. The 2006 data shows an even greater difference for those who start out with an agent
Also about 83% of sellers who start out FSBO end up listing eventually.
Here are the numbers from the 2006 survey
___________ median income____ median selling price
Agent-assisted___________ $87,100________ $250,000
First FSBO,
then agent-assisted________ $70,700_________ $192,000
FSBO/don’t
know buyers_____________ $77,800__________ $187,200
Also if you decide to sell FSBO You should also be prepared for your phone to ring off the hook with agents calling you offering to list your home.... and don't be so quick to brush them off. |
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Citizen North
|
You could try to sell it yourself, lots of people try to. The main thing is it cold take months to sell your own house, while it could only take weeks for a professional. You should get some episodes of "Buy Me" show off the net or get a decent book about selling real estate before you try to sell it yourself though. |
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Jhem
|
You just need EXPOSURE. MLS is the answer. Traditionally you have to pay a full commission (let us say 5%) so that a listing agent will put you in the MLS. 2.5% will go to the listing agent and 2.5% is for the buying agent's commission. Who's bringing in interested buyers? BUYER'S AGENTS right? You just have to let them now about the house for sale and MLS is the key.
Visit http//:www.4thishouse.com
They have a great program there. They'll provide you an MLS listing for just a flat fee ($249.95- $399.95 depends on the area) WITHOUT A LISTING AGENT'S COMMISSION! Imagine you'll be saving 2.5%>$5,500 - Flat FEE. You only have to provide for the Buying Agent's commission. This will also include a listing on Realtor.com and on their website. In case you close with a direct buyer (unrepresented by a realtor), you are paying NO commmission at all! |
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teaspoon520
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If you can sell you home on ur own then you should do that......or you can do this: get ur real estate license (takes about 2 weeks and pass a state examine) and not only can you sell ur home u can probably make a commissioon from the buyer as well....I know thats a little out of the box....but to make $$ we need to think out of it |
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dede
 |
try selling it on your own and if you dont make out then go to an agent but like you said you have to pay 5% |
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NYC Chutzpah
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. do some research on what comparable homes in your area are SELLING for not the price they wish they could get. (aka asking price) explore what is involved in selling the place yourself and figure out if you are capable of making the sale. look for another agent, negotiate the commission. offer the agent a sliding scale such as 5% if sold at full price within say 2 months 4% if the price is less and so on. |
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freddy
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If you have the time try your self first.If it dont work out then try a agent |
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