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Status:
"Made the Retirement Run in under 12 parsecs!!!"
(set 16 days ago)
Location: Cary, NC
43,161 posts, read 76,761,493 times
Reputation: 45518
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Quote:
Originally Posted by kww
smh.
and a two bedroom home with two children is a stretch for almost anyone.
And anyone with a smidge of real estate common sense and experience knows that a 2br house is a harder resell than a 3 br house.
At least mentioning that fact to the client would be required of any conscientious agent.
In a really hot market, more people sell by owner as the marketing services of a realtor may not be necessary. In that case, one could pay an attorney about $500 to represent you in the sale, review the contract, negotiate or advise regarding the sale. Isn't the value a realtor brings marketing? If everything is in your favor, traffic by the house, word of mouth, low inventory, a seller may not need to market the house, but would still need an attorney. I've seen on forums that realtors feel they are needed to keep deals together and help with loans, etc., but I've never actually witnessed that in action.
If you want to sell a house, you have to market that house, in "really hot" markets as well as cold ones. I might actually suggest that in a "really hot" market, it's MORE important to market the house. Why? Because in a "really hot" market, where houses are moving off the market quickly, buyers are more likely to make an offer on a house that is close to what they want, instead of continuing to search for the perfect house. They are afraid to lose the one that's good enough, so they make an offer on the first one they see that is good enough. And which houses are they more likely to see first? Yes, it's the ones that are well marketed. If the house is poorly marketed, it will get fewer views, fewer offers, and - as a rule - a lower price. But that fact is hidden in a "really hot" market. The property sells, and the seller feels like he saved a bundle because he didn't pay a broker. And no one will ever know how much higher a price some good marketing might have gotten for that seller.
It is always best to get competent legal advice from highly educated professionals when getting involved with binding contracts with legal consequence.
Asking the receptionist at a law firm for legal advice usually does not work out too well.
I learned something in this thread. I will warn all my customers to use real estate lawyer instead of realtors. One less hand between me and cash for my work. My handy work worth around 700$/hour at fixer uppers. I get only fraction of it. I’m keeping eliminating hand after hand. One day will eliminate customers to. Will be me and buyer and it is all.
Yep. Lawyers always pay their bills. Very trustworthy bunch.
Reminds me of a female realtor near us.
Even with the housing market tanking she always said,,,,,,," It may be slow elsewhere in the country but I am soooo busy I don't know where to turn "
Another of her favorite expressions was............." the good realtors are ALWAYS BUSY "
Yup, she said that up until the night they moved out of their nice house and let it sit vacant.
Status:
"Made the Retirement Run in under 12 parsecs!!!"
(set 16 days ago)
Location: Cary, NC
43,161 posts, read 76,761,493 times
Reputation: 45518
Quote:
Originally Posted by manderly6
If you don't trust/like/want a RE agent there is a very easy solution. Don't use one. I don't know why people want to make this so complicated.
It's a workout.
For some folks, jumping to confusions is a routine aerobic activity.
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