 What do you think about buying a foreclosure home that is in good condition? |
Is it a good idea?
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clari331 does not belong here...so rude!... |
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 How Much do you Pay For Rent ? |
What state do you live in. Just tring to see the rent price's and how they differ.
I have a three bedroom house i pay 325.00 Per month. Ohio :)
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Wow Its ... |
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 How do I know my agent made my offer on a house I bid on? |
| I put in an offer on a home a few weeks ago that was $75,000 less than listing price. My agent looked less than enthused to be wasting his time drawing up the papers. We did anyhow, and he called me ... |
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 My boyfriend and I have lived together for 3 years under his HIS roof, the house he had 2 years prior to me.? |
| If we sell it and move into a new one, with BOTH of our names on the title does that mean the house is BOTH ours if we should break up down the road? He is saying the house would only be his even if ... |
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 My husband and I are wanting to buy our 1st home. But are stuck with q's from getting a loan...help please!!? |
| Okay so we went to look at a house that we thought we liked, but wound up not liking it. The realtor gave us a number to peoples first to get pre approved over the phone. Well the lady said we had ... |
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 I am new at this "rent"ing business. When the LANDLORD says they charge for electricity, what does it mean? |
Do I have to turn off all the lights? (before the bulbs run out?)
Should I unplug the microwave? (the digital clock runs the microwave.)
What about the oven then? I didn't tell my ... |
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 Is it public information how much a person owes on their home? |
| Is it public information how much a person owes on their home? Some one has ask me what I owe on my home for sale.They then said it was public info. anyway,when I didnt answer. Hmmmm....I know it is ... |
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 Is there a limit to how long a landlord can hold a check without depositing? |
| My landlord has been waiting longer and longer to deposit my rent check. This month, i failed to notice, however, they deposited May and June's rent a day apart from each other. May's ... |
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 Do I have a legal right to ask my landlord for money? |
My refrigerator broke 2 weeks ago, the freezer still worked, but the fridge was only slightly chilled ever since. It was not cold enough to keep really any perishable products in.
After 2 ... |
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 Slumlord and bad Judge? |
| When we first moved into our apartment of course everyting looked okay, come to find out there was a leak in our kitchen, bathroom, and master bedroom, the first night it rained, We told this to our ... |
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 In Urgent need to Break a Apartment lease..pls help? |
We got a nice deal for a house, and have to break our apt lease for sure. We just signed a contract for 9months, what is the easiest way out and with no loss to us.
Pls suggest ur BEST ideas.<... |
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 I am evicting a tenant for non payment of rent can I ask for the $$ I spent other than rent? |
| I am evicting a tenant for non payment of rents over $4000 to be exact can I ad the fees to my claim I spent for my manager to make house visits to collect rernt and for him to go to court for me ,... |
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 Can you break a lease if someone breaks into your apartment? |
| Someone broke into my apartment and I moved. The landlord said it was okay and today a cop shows up at my house and he is suing me for 3 months rent! When he said it was fine for me to leave! What do ... |
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 What are some legit reasons to break a rental lease? |
| Is a long term unemployment a valid reason; Is a 2 month notice sufficient? Is relocation to another state valid? What are the alternatives?... |
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 Are there lenders who offer financing with stated income to a self employed buyer for investment property? |
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Can anyone provide names of lenders who offer this type of financing? My middle score is 624, I've been self employed in the same field for the past 51/2yrs and ... |
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 What do you think of someone buying a home and having a mortgage at a young age? |
| I want to know everything there is to buying and owning a home before I even consider purchasing one, but is there anything wrong with a 19-20 year old wanting to buy instead of rent? I just don'... |
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catwood | Standard real estate agent comm is 3%. If I offer buyer agent 6% will I get much more traffic? |
My listing agents have underperformed. I am highly motivated to sell my home. I am experienced and willing to "sell by owner". I'm wondering if double commission idea has merit/pitfalls. |
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Mark G
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Agent bonuses and increased commissions are a common strategy to increase traffic. Here's what I think of them.
First, nothing will help unless the property is priced correctly for the market. You'd do better trimming the 3% from the listing price if its not.
Second, if your purpose is to sell the house more quickly, tie the increased commission to a date as in "Payable on full-price offer closed by such and such date".
Last, paying the full 6 percent is probably more than you need to get the right effect. 4 or 41/2 % is enough.
The last thing I should say is that you have a greater chance percentage wise of selling your house with a realtor. Don't even bother trying this if you won't have the house listed on the mls. It's possible to do that yourself these days without an agent, and its critical for other agents to know your house is for sale. |
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pamomof4
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You're getting away cheap if you agency is only taking 3%. I currently have a home listed and they are taking 6%. I too am highly motivated (I am carrying 2 mortgages) and my home has been for sale thru real estate agents as well as by owner. I just recently offered a bonus (not %) of $2000. to the agent who sells the home...I am waiting to see how that pans out. I think that if you offer $ to the selling agent (not the agency itself) it will probably motivate them to show it more because they will be making more money selling your home than another. You have to realize that the agent who sells you home gets only a small % of the commission you're paying the agency. I feel greed and money is a powerful motivator..lol.
Good luck selling...I hope you get your asking price and them some! |
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Coffeeman
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Good luck with that! Is the house in good shape? Up to date? In a desirable area? If not, the best incentive for someone to buy it is the LOWEST POSSIBLE PRICE and to keep on your Real Estate agent about it.If you are unsatisfied with your agent's performance on your account,demand from them a release from the listing agreement and try another agent. Just be sure to clear with your agent as to what you are demanding in the way of listing and selling services BEFORE you sign another listing agreement.You need to be realistic however as to what you want to get out of the house verses what you CAN get.You might check with your local banks to see if they have a list of investment buyers in your area. They usually do because of foreclosures.A investor or 'flipper' isn't likely to offer you more than 50-60% of market value though.... |
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Jason F
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Just my 2 cents, but, I just sold an investment property that I thought was going to take a long time to sell. I used hand written signs and would stand out in the yard and 'rake' leaves, so that when people drove by they would ask me about the house. Then I would casually take them around the house and show it to them, taking a break from my 'raking'. I sold the house in a week AND found time to get the yard work done.
If I were you I would try that approach. |
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Navinsharum B
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If you are in San Diego you may want to check out www.openoffer.com site. U can easy save thousands with those guys |
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BELLE3
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Standard Real Estate Commission is 4% these days. 2% for the listing agent and 2% for the selling agent. Anything more is to ensure a house that may be difficult to sell because of location, size or any other number of things, gets sold.
Before you hire an agent make sure of their marketing strategy. If they have a limited budget for advertising or are only in one location, get someone else. Big companies have reduced rate deals with local newspapers because they advertise each week and have full page adds. This is what you NEED,. Just paying a larger commission does nor means you guarantee getting you home sold.
6% commission is a lot of money, think long & hard before handing it away.
To ensure an agent/broker selling your home offer a few $1000 as an incentive to the selling agent. This works quite well. An agent will show homes where they get a bonus over homes that do not offer this incentive. Don't now think again about the 6% commission. 4% with incentives is a good motivational force.
I wish you well. |
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Alterfemego
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I can tell you from experience, that offering more commission doesn't work very well. Most Realtors who work with buyers don't look at how much the commission is before showing homes. If your current agent isn't doing the job you think they should be doing, give them at least 7 days notice to correct it or cancel the contract. If you are to use another agent I suggest you find one with GRI or CRS designation and that has worked in your area for sometime.
However, in defense of your current listing agent, the market hasn't been very good in most places. What we're seeing is an increase in market time or days on the market. This is what you might consider doing. Ask your agent to have a Broker's Open, invite only the top producers to come thru the house and give their opinions as to price and condition. You could also consider having an expert come in and actually stage your home for showings. It's a nominal cost and could make the difference.
I wish you all the best . |
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Jen S.
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It might work, but make sure whatever you signed with your realtor does not have some sort of stipulation that allows them to still collect their 3% if you sell within a certain amount of days... |
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Dianne
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You might try to find an agent at agentboost.com. They are more for finding agents who will work for lower commissions, but you can probably find agents who are desperate for clients and will work tirelessly for your 6%. |
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