08-15-2011, 07:44 PM
Location: San Antonio
7,629 posts, read
16,455,013 times
Reputation: 18770
I guess AS the client who got what she wanted (fast deal, good price) I would have a "Sellers" perspective on what we got and how quickly vs someone trying to drum up business.
08-15-2011, 09:14 PM
Location: Stone Oak
487 posts, read
1,118,001 times
Reputation: 332
The right price and luck of the draw has a whole lot to do with it too.
08-17-2011, 09:05 AM
6,707 posts, read
8,778,122 times
Reputation: 4866
Quote:
Originally Posted by
FCF's Wife
After having been a part of many, many deals (cash deals) , let's address the elephant that's in the room.Truth be told, there was money left on the table with this deal. Any home that sells in short time in that area was priced too low. Period. Any talk about great agent, highest price in the area, blah blah blah is BS.
Your agent will never admit it, but there was more money to be made. Sorry.
No need for a realtor, sell it yourself. Use an attorney for the contractual details. It only gets easier and easier with every deal we make.
Oh well, as long as you're happy, I guess that is what really counts.
I don't agree with your entire post but certainly agree that a realtor is not always needed.
When I bought my house, both the buyer(me) and seller skipped the real estate agent and used an attorney for the contractual stuff. For the most part, it was pretty easy and wouldn't hesitate to do it again that way. Usually doesn't happen that way because the seller is already tied into a contract with a real estate agent before you look at a house.
I still used a home inspector and two different apprasials (one was through the bank giving me the loan) before making the final decision to buy the house.
Anyone can show a house but the paperwork and other processes involved is where the agent makes it easier for most people out there. You can sell a house without an agent as long you educate yourself and use an attorney for the contract details if it is worth saving a little bit more money to you.
08-17-2011, 09:19 AM
7 posts, read
18,941 times
Reputation: 11
Quote:
Originally Posted by
FCF's Wife
Truth be told, there was money left on the table with this deal. Any home that sells in short time in that area was priced too low. Period.
That's what I was wondering and that's why I asked the question I asked.
08-17-2011, 09:29 AM
4,145 posts, read
10,427,991 times
Reputation: 3339
Quote:
Originally Posted by
FCF's Wife
After having been a part of many, many deals (cash deals) , let's address the elephant that's in the room.Truth be told, there was money left on the table with this deal. Any home that sells in short time in that area was priced too low. Period. Any talk about great agent, highest price in the area, blah blah blah is BS.
Your agent will never admit it, but there was more money to be made. Sorry. Realtors like to use feel-good words like "priced right" or "we got the highest price in the area" to placate folks.
No need for a realtor, sell it yourself. Use an attorney for the contractual details. It only gets easier and easier with every deal we make.
Oh well, as long as you're happy, I guess that is what really counts.
Those who can, do. Those who can't, act like they know what they're talking about.
I've probably only sold $50,000,000 more in real estate than you, so while I may just be some inexperienced loser, my clients understand that I know what I'm doing.
Don't so much care what you think. You've got very little credit on this board anyway.
08-17-2011, 09:35 AM
4,145 posts, read
10,427,991 times
Reputation: 3339
Quote:
Originally Posted by
RosieS
That's what I was wondering and that's why I asked the question I asked.
What you fail to understand is that a buyer can make an offer for $100,000 more than the house is worth, but if they're getting a loan, it HAS to appraise or the deal dies.
Buyer's are smart and won't overpay, but my sellers are also smart and know what they need out of the house to make it worth selling. The highest sale in the area is the highest sale in the area. According to YOUR logic, EVERY house in there that sold left money on the table.
Except the exact same floorplan down the street that's still for sale for much less.
Most people that comment on real estate really don't have any knowledge of the market. Looking at a few homes online and in your neighborhood does not make you an expert. Becoming proficient in this is a full time job.
I always welcome newcomers into the business. If it's so easy, get your license and do it. There are about 9000 Realtors in SA. Only about 5% of them do any amount of business.
08-17-2011, 10:15 AM
7 posts, read
18,941 times
Reputation: 11
Quote:
Originally Posted by
kevcrawford
What you fail to understand is that a buyer can make an offer for $100,000 more than the house is worth, but if they're getting a loan, it HAS to appraise or the deal dies.
But if a house is priced too low and somebody offers full price it's going to appraise, right? Am I missing or not understanding something?
08-17-2011, 02:04 PM
4,145 posts, read
10,427,991 times
Reputation: 3339
Quote:
Originally Posted by
RosieS
But if a house is priced too low and somebody offers full price it's going to appraise, right? Am I missing or not understanding something?
Correct. But if you price it too high it won't. The key is pricing it correctly. Not too low. Not too high.
A quick sale doesn't mean that the house was priced too low. If I had to hold the house for longer, then people would say it's priced too high. The key to selling real estate is knowing how to price and present a house. The house down the street with the same floorplan was MUCH cheaper and is still for sale.
08-17-2011, 03:22 PM
7 posts, read
18,941 times
Reputation: 11
Am I the only one who's curious to know where that house is?
08-17-2011, 05:02 PM
6,707 posts, read
8,778,122 times
Reputation: 4866
Quote:
Originally Posted by
Paka
I guess AS the client who got what she wanted (fast deal, good price) I would have a "Sellers" perspective on what we got and how quickly vs someone trying to drum up business.
What your agent did was find someone that was willing to pay more than values of comparables. Sounds like the buyer (or buyers agent) didn't do his/her homework.
Please register City-data.com
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House heating fuel used in houses and condos - Electricity (%)
House heating fuel used in houses and condos - Fuel oil, kerosene, etc. (%)
House heating fuel used in houses and condos - Coal or coke (%)
House heating fuel used in houses and condos - Wood (%)
House heating fuel used in houses and condos - Solar energy (%)
House heating fuel used in houses and condos - Other fuel (%)
House heating fuel used in houses and condos - No fuel used (%)
House heating fuel used in apartments - Utility gas (%)
House heating fuel used in apartments - Bottled, tank, or LP gas (%)
House heating fuel used in apartments - Electricity (%)
House heating fuel used in apartments - Fuel oil, kerosene, etc. (%)
House heating fuel used in apartments - Coal or coke (%)
House heating fuel used in apartments - Wood (%)
House heating fuel used in apartments - Solar energy (%)
House heating fuel used in apartments - Other fuel (%)
House heating fuel used in apartments - No fuel used (%)
Armed forces status - In Armed Forces (%)
Armed forces status - Civilian (%)
Armed forces status - Civilian - Veteran (%)
Armed forces status - Civilian - Nonveteran (%)
Fatal accidents locations in years 2005-2021
Fatal accidents locations in 2005
Fatal accidents locations in 2006
Fatal accidents locations in 2007
Fatal accidents locations in 2008
Fatal accidents locations in 2009
Fatal accidents locations in 2010
Fatal accidents locations in 2011
Fatal accidents locations in 2012
Fatal accidents locations in 2013
Fatal accidents locations in 2014
Fatal accidents locations in 2015
Fatal accidents locations in 2016
Fatal accidents locations in 2017
Fatal accidents locations in 2018
Fatal accidents locations in 2019
Fatal accidents locations in 2020
Fatal accidents locations in 2021
Alcohol use - People drinking some alcohol every month (%)
Alcohol use - People not drinking at all (%)
Alcohol use - Average days/month drinking alcohol
Alcohol use - Average drinks/week
Alcohol use - Average days/year people drink much
Audiometry - Average condition of hearing (%)
Audiometry - People that can hear a whisper from across a quiet room (%)
Audiometry - People that can hear normal voice from across a quiet room (%)
Audiometry - Ears ringing, roaring, buzzing (%)
Audiometry - Had a job exposure to loud noise (%)
Audiometry - Had off-work exposure to loud noise (%)
Blood Pressure & Cholesterol - Has high blood pressure (%)
Blood Pressure & Cholesterol - Checking blood pressure at home (%)
Blood Pressure & Cholesterol - Frequently checking blood cholesterol (%)
Blood Pressure & Cholesterol - Has high cholesterol level (%)
Consumer Behavior - Money monthly spent on food at supermarket/grocery store
Consumer Behavior - Money monthly spent on food at other stores
Consumer Behavior - Money monthly spent on eating out
Consumer Behavior - Money monthly spent on carryout/delivered foods
Consumer Behavior - Income spent on food at supermarket/grocery store (%)
Consumer Behavior - Income spent on food at other stores (%)
Consumer Behavior - Income spent on eating out (%)
Consumer Behavior - Income spent on carryout/delivered foods (%)
Current Health Status - General health condition (%)
Current Health Status - Blood donors (%)
Current Health Status - Has blood ever tested for HIV virus (%)
Current Health Status - Left-handed people (%)
Dermatology - People using sunscreen (%)
Diabetes - Diabetics (%)
Diabetes - Had a blood test for high blood sugar (%)
Diabetes - People taking insulin (%)
Diet Behavior & Nutrition - Diet health (%)
Diet Behavior & Nutrition - Milk product consumption (# of products/month)
Diet Behavior & Nutrition - Meals not home prepared (#/week)
Diet Behavior & Nutrition - Meals from fast food or pizza place (#/week)
Diet Behavior & Nutrition - Ready-to-eat foods (#/month)
Diet Behavior & Nutrition - Frozen meals/pizza (#/month)
Drug Use - People that ever used marijuana or hashish (%)
Drug Use - Ever used hard drugs (%)
Drug Use - Ever used any form of cocaine (%)
Drug Use - Ever used heroin (%)
Drug Use - Ever used methamphetamine (%)
Health Insurance - People covered by health insurance (%)
Kidney Conditions-Urology - Avg. # of times urinating at night
Medical Conditions - People with asthma (%)
Medical Conditions - People with anemia (%)
Medical Conditions - People with psoriasis (%)
Medical Conditions - People with overweight (%)
Medical Conditions - Elderly people having difficulties in thinking or remembering (%)
Medical Conditions - People who ever received blood transfusion (%)
Medical Conditions - People having trouble seeing even with glass/contacts (%)
Medical Conditions - People with arthritis (%)
Medical Conditions - People with gout (%)
Medical Conditions - People with congestive heart failure (%)
Medical Conditions - People with coronary heart disease (%)
Medical Conditions - People with angina pectoris (%)
Medical Conditions - People who ever had heart attack (%)
Medical Conditions - People who ever had stroke (%)
Medical Conditions - People with emphysema (%)
Medical Conditions - People with thyroid problem (%)
Medical Conditions - People with chronic bronchitis (%)
Medical Conditions - People with any liver condition (%)
Medical Conditions - People who ever had cancer or malignancy (%)
Mental Health - People who have little interest in doing things (%)
Mental Health - People feeling down, depressed, or hopeless (%)
Mental Health - People who have trouble sleeping or sleeping too much (%)
Mental Health - People feeling tired or having little energy (%)
Mental Health - People with poor appetite or overeating (%)
Mental Health - People feeling bad about themself (%)
Mental Health - People who have trouble concentrating on things (%)
Mental Health - People moving or speaking slowly or too fast (%)
Mental Health - People having thoughts they would be better off dead (%)
Oral Health - Average years since last visit a dentist
Oral Health - People embarrassed because of mouth (%)
Oral Health - People with gum disease (%)
Oral Health - General health of teeth and gums (%)
Oral Health - Average days a week using dental floss/device
Oral Health - Average days a week using mouthwash for dental problem
Oral Health - Average number of teeth
Pesticide Use - Households using pesticides to control insects (%)
Pesticide Use - Households using pesticides to kill weeds (%)
Physical Activity - People doing vigorous-intensity work activities (%)
Physical Activity - People doing moderate-intensity work activities (%)
Physical Activity - People walking or bicycling (%)
Physical Activity - People doing vigorous-intensity recreational activities (%)
Physical Activity - People doing moderate-intensity recreational activities (%)
Physical Activity - Average hours a day doing sedentary activities
Physical Activity - Average hours a day watching TV or videos
Physical Activity - Average hours a day using computer
Physical Functioning - People having limitations keeping them from working (%)
Physical Functioning - People limited in amount of work they can do (%)
Physical Functioning - People that need special equipment to walk (%)
Physical Functioning - People experiencing confusion/memory problems (%)
Physical Functioning - People requiring special healthcare equipment (%)
Prescription Medications - Average number of prescription medicines taking
Preventive Aspirin Use - Adults 40+ taking low-dose aspirin (%)
Reproductive Health - Vaginal deliveries (%)
Reproductive Health - Cesarean deliveries (%)
Reproductive Health - Deliveries resulted in a live birth (%)
Reproductive Health - Pregnancies resulted in a delivery (%)
Reproductive Health - Women breastfeeding newborns (%)
Reproductive Health - Women that had a hysterectomy (%)
Reproductive Health - Women that had both ovaries removed (%)
Reproductive Health - Women that have ever taken birth control pills (%)
Reproductive Health - Women taking birth control pills (%)
Reproductive Health - Women that have ever used Depo-Provera or injectables (%)
Reproductive Health - Women that have ever used female hormones (%)
Sexual Behavior - People 18+ that ever had sex (vaginal, anal, or oral) (%)
Sexual Behavior - Males 18+ that ever had vaginal sex with a woman (%)
Sexual Behavior - Males 18+ that ever performed oral sex on a woman (%)
Sexual Behavior - Males 18+ that ever had anal sex with a woman (%)
Sexual Behavior - Males 18+ that ever had any sex with a man (%)
Sexual Behavior - Females 18+ that ever had vaginal sex with a man (%)
Sexual Behavior - Females 18+ that ever performed oral sex on a man (%)
Sexual Behavior - Females 18+ that ever had anal sex with a man (%)
Sexual Behavior - Females 18+ that ever had any kind of sex with a woman (%)
Sexual Behavior - Average age people first had sex
Sexual Behavior - Average number of female sex partners in lifetime (males 18+)
Sexual Behavior - Average number of female vaginal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a woman (18+)
Sexual Behavior - Average number of woman performed oral sex on in lifetime (18+)
Sexual Behavior - Average number of male sex partners in lifetime (males 18+)
Sexual Behavior - Average number of male anal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a man (18+)
Sexual Behavior - Average number of male oral sex partners in lifetime (18+)
Sexual Behavior - People using protection when performing oral sex (%)
Sexual Behavior - Average number of times people have vaginal or anal sex a year
Sexual Behavior - People having sex without condom (%)
Sexual Behavior - Average number of male sex partners in lifetime (females 18+)
Sexual Behavior - Average number of male vaginal sex partners in lifetime (females 18+)
Sexual Behavior - Average number of female sex partners in lifetime (females 18+)
Sexual Behavior - Circumcised males 18+ (%)
Sleep Disorders - Average hours sleeping at night
Sleep Disorders - People that has trouble sleeping (%)
Smoking-Cigarette Use - People smoking cigarettes (%)
Taste & Smell - People 40+ having problems with smell (%)
Taste & Smell - People 40+ having problems with taste (%)
Taste & Smell - People 40+ that ever had wisdom teeth removed (%)
Taste & Smell - People 40+ that ever had tonsils teeth removed (%)
Taste & Smell - People 40+ that ever had a loss of consciousness because of a head injury (%)
Taste & Smell - People 40+ that ever had a broken nose or other serious injury to face or skull (%)
Taste & Smell - People 40+ that ever had two or more sinus infections (%)
Weight - Average height (inches)
Weight - Average weight (pounds)
Weight - Average BMI
Weight - People that are obese (%)
Weight - People that ever were obese (%)
Weight - People trying to lose weight (%)
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