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yup. couple hundred dollars is a small price to pay to have that 'out' should you need it...
And with our contract, the buyer can cancel during the due diligence (inspection) phase for any reason without paying for an inspection. No money out of pocket.
"Everything is an opinion of value and that is the best that can be done."
Words to live by.
When buyer and seller can arrive at a value that doesn't compromise either's opinion too much, you often have a deal.
In the current market where I am, dynamics favor sellers' opinions. Buyers are willing to alter their opinions in response to the dynamics in play.
And it is not uncommon for an appraiser to call an agent, looking for more information on a closed sale, or more insight to the value in a current transaction.
I've worked with some great agents and the deals wouldn't have happened without them...
One in particular had been working a neighborhood for years and she always met the appraiser at the property and with the most up to date info and particulars... if the owner didn't mind... she would be on her way.
One property that I was buying we all met at the property... the appraiser was happy to have the most up to date info... two were properties set to close that week and she just wanted to keep the appraiser apprised of the situation...
A good agent can make deals happen... or, save a deal from falling apart.
A good agent can ... save a deal from falling apart.
Lord yes. That's the differenatiator these days, unfortunately the client normally doesn't know what kind of agent they have until the fit hits the shan.
Lord yes. That's the differentiator these days, unfortunately the client normally doesn't know what kind of agent they have until the fit hits the shan.
I always look for someone that is hands on with lots of experience in the neighborhood/area.
Many will come and go in Real Estate... some think it is easy money and throw in the towel when times get lean...
Good agents will have a wealth of information at their fingertips... they are also adept at the art of negotiations and skillful at translating the complex into everyday language.
Let us not forget that those whom will only "make" money when the sale happens, want/need that sale to happen as it is in their best interest to make it happen. Always keep a jaundiced eye on them.
Such hostility toward real estate agents! I get not using them if you think you can do it yourself and save money (I am certain I do not possess the temperament for this), but the open hostility and suspicion is just bizarre.
I go to look at the place this morning and the alleged buyers are supposed to arrive after I leave. They come in as I am leaving and I notice that the family dog, in a pen in the living room, seems to recognize them. (When I came in, the dog became agitated and barked. Maybe he liked their looks better. I dunno.)
When I leave the house, I decide not to depart the area right away. Instead, I ride around the block for a few minutes to get an additional feel for the neighborhood. As I round the corner, I see that the other "buyers" are already leaving. It's hard to imagine that they could see all the rooms and evaluate the home in just five minutes. If this is my competition, I will bid accordingly.
Such hostility toward real estate agents! I get not using them if you think you can do it yourself and save money (I am certain I do not possess the temperament for this), but the open hostility and suspicion is just bizarre.
There are a lot of really paranoid people on the internet. Given the way agents in the past have closely guarded information, I can understand the parnoia a bit but some of what's said on here is on par with government mind control theories.
Quote:
Originally Posted by longislander2
Well, here's an update on the phantom buyers:
I go to look at the place this morning and the alleged buyers are supposed to arrive after I leave. They come in as I am leaving and I notice that the family dog, in a pen in the living room, seems to recognize them. (When I came in, the dog became agitated and barked. Maybe he liked their looks better. I dunno.)
When I leave the house, I decide not to depart the area right away. Instead, I ride around the block for a few minutes to get an additional feel for the neighborhood. As I round the corner, I see that the other "buyers" are already leaving. It's hard to imagine that they could see all the rooms and evaluate the home in just five minutes. If this is my competition, I will bid accordingly.
Maybe the dog remembers them from a prior showing? I wouldn't place too much stock in how much time they spent in the house. I've had buyers that spend an hour in every house and I've had others who just need a couple of minutes. Everyone looks at their own speed. You can try and play Sherlock Holmes as you have been doing but it's not going to help you get a house.
I go to look at the place this morning and the alleged buyers are supposed to arrive after I leave. They come in as I am leaving and I notice that the family dog, in a pen in the living room, seems to recognize them. (When I came in, the dog became agitated and barked. Maybe he liked their looks better. I dunno.)
When I leave the house, I decide not to depart the area right away. Instead, I ride around the block for a few minutes to get an additional feel for the neighborhood. As I round the corner, I see that the other "buyers" are already leaving. It's hard to imagine that they could see all the rooms and evaluate the home in just five minutes. If this is my competition, I will bid accordingly.
It might be a second showing and they wanted to get a room measurement for the baby grand or something. If it was a first showing, generally it means they aren't interested, but I've had buyers walk in and 10 minutes later say they are ready to write on that house. Remember, they aren't you so they will do things their own way and not your way.
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