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People advise others here on a daily, if not hourly, basis.
In fact, I think we have a whole thread on whether or not it's ethical for "professionals" to advise here or not.
BTW, I've read some flat-out WRONG advice in anyone's state by real estate professionals here. So Bill's advice, I'm sure, is not reserved for us novices.
People advise others here on a daily, if not hourly, basis.
In fact, I think we have a whole thread on whether or not it's ethical for "professionals" to advise here or not.
BTW, I've read some flat-out WRONG advice in anyone's state by real estate professionals here. So Bill's advice, I'm sure, is not reserved for us novices.
You are correct. Professionals give wrong advice & information too. And when they do, I, and others here, are just as quick to point them out and fix the mistakes. My advice is for anyone taking advice on their real estate transaction here or on any forum. I made my post as strong as I did in response to your post, however, because your invitation to take her private and give advice as to doing it herself goes beyond the scope of what usually happens here, out in the open, where mistakes, whether made by a professional or an amateur, can be seen by others and challenged, discussed, corrected. Taking it to that private one on one advice session is different, and dangerous. Dangerous to her as well as to you.
Being a licensed agent myself, I am aware of what and what not to say. But thank you for your advice.
Just curious - maybe it's the whiplash I got in a recent car accident - but what state are you licensed to practice RE? It's just that your profile doesn't show any information regarding you being a licensed agent or even your name, you're not using the designation indicating you're a licensed agent and, as Bill mentioned, telling someone to direct email you so you can 'advise' them simply got me curious
I've been licensed in the state of CA for about 3 years now. I've been a real estate investor for about 8 years. My father was also a real estate investor for over 30 years, and he never used a real estate agent for any of his transactions. He was self taught and made a lot of money doing it. Granted, real estate transactions weren't as complex as they are now back then.
I don't represent buyers or sellers. I went to real estate licensing school strictly for my own benefit. I only buy and sell my own properties. And oftentimes, I do use agents. I was out of state for a while, so I used agents at that time. I do not use agents when I'm perfectly capable of doing the transaction myself. I'm not anti-real estate agents. I'm only saying that if you are educated (and it doesn't take a lot to get educated - you can buy DVDs for crying out loud) and you are ready to dig in and do the requisite due diligence, selling or buying property is not that difficult. I just don't see the need to pay someone (in my case) 60,000 to sell my condo when I can do it myself.
This may be repetitive for some who've read my posts, but I have a condo listed for 1,075,000. I am now 75k below the EXACT same condo (except it has these hideous red cabinets in the kitchen which no one likes, and I have six garage spaces and they have two), one floor above me. There are 4 comparable units in my building for sale. Well, only one like mine but 4 between 1-2 mm. So my point is, if it were because I was FSBO that I'm not sold, then why haven't any of these others sold? So if they're not getting their clients any buyers, why would I tie up my house with a listing and commit myself to pay 60,000? For what? And don't say the paperwork. If they don't bring a buyer, there is no paperwork. So the main advantage of having a realtor or an agent is to bring a buyer.
Like I said, I'm not anti real estate agent. I just don't think anyone who can do this themselves should pay that kind of money for that service. That's just my opinion. For those that are too busy or don't want to or just don't think they're smart enough or whatever, then by all means they should hire someone. But someone like Neeshera, who doesn't think she's getting her money's worth anymore, should try going it alone. But granted, there is some work to be done.
And I really don't think it's anyone's business what Neeshera and I discuss via DM.
The only reason I suggested DM is b/c I've been on the receiving end of the real estate professionals gang mentality on here (not all, in fact just a very few relentless ones), and I just have no desire to go there again. I'd rather have those discussions via DM. If people here are "worried" about what we'll say, well, that's just weird.
I've been licensed in the state of CA for about 3 years now. I've been a real estate investor for about 8 years. My father was also a real estate investor for over 30 years, and he never used a real estate agent for any of his transactions. He was self taught and made a lot of money doing it. Granted, real estate transactions weren't as complex as they are now back then.
I don't represent buyers or sellers. I went to real estate licensing school strictly for my own benefit. I only buy and sell my own properties. And oftentimes, I do use agents. I was out of state for a while, so I used agents at that time. I do not use agents when I'm perfectly capable of doing the transaction myself. I'm not anti-real estate agents. I'm only saying that if you are educated (and it doesn't take a lot to get educated - you can buy DVDs for crying out loud) and you are ready to dig in and do the requisite due diligence, selling or buying property is not that difficult. I just don't see the need to pay someone (in my case) 60,000 to sell my condo when I can do it myself.
This may be repetitive for some who've read my posts, but I have a condo listed for 1,075,000. I am now 75k below the EXACT same condo (except it has these hideous red cabinets in the kitchen which no one likes, and I have six garage spaces and they have two), one floor above me. There are 4 comparable units in my building for sale. Well, only one like mine but 4 between 1-2 mm. So my point is, if it were because I was FSBO that I'm not sold, then why haven't any of these others sold? So if they're not getting their clients any buyers, why would I tie up my house with a listing and commit myself to pay 60,000? For what? And don't say the paperwork. If they don't bring a buyer, there is no paperwork. So the main advantage of having a realtor or an agent is to bring a buyer.
Like I said, I'm not anti real estate agent. I just don't think anyone who can do this themselves should pay that kind of money for that service. That's just my opinion. For those that are too busy or don't want to or just don't think they're smart enough or whatever, then by all means they should hire someone. But someone like Neeshera, who doesn't think she's getting her money's worth anymore, should try going it alone. But granted, there is some work to be done.
And I really don't think it's anyone's business what Neeshera and I discuss via DM.
The only reason I suggested DM is b/c I've been on the receiving end of the real estate professionals gang mentality on here (not all, in fact just a very few relentless ones), and I just have no desire to go there again. I'd rather have those discussions via DM. If people here are "worried" about what we'll say, well, that's just weird.
Well, just my personal opinion and that's all this is, but I don't think it's 'weird' at all for experienced real estate professionals to discourage or be worred about people encouraging an OP to DM someone who is on a public board site - I've seen too many here who buy real estate based upon wrong advice given to them by someone on a board and then they get screwed. Especially when the owner then goes to re-sell and nothing was done correctly, because they were not given the correct advice by someone licensed and experienced in RE in the area.
You indicate you're licensed in CA, but what if - for the sake of arguement - the OP is say from Louisiana where Napoleonic Code is utilized? Even I would have no clue, being from another state and now country, how to advise someone in that state.
It does seem from your post that you have a lot of experience; however, I am a bit confused again maybe from having whiplash, but you posted on here: "BTW, I've read some flat-out WRONG advice in anyone's state by real estate professionals here. So Bill's advice, I'm sure, is not reserved for us novices."
That's why I personally do agree that if everything is out in the open, then at least licensed agents located in the state the OP is from and who see 'incorrect' advice being given can post correct information. Win/Win for the OP.
So the real crux of the problem is your buyer agent, in your opinion, appears to be losing interest in trying to find you a home after a couple of years of working with you. Are you really a serious buyer to them? Do you want to be? Perhaps if you want to resolve the issue schedule an appt with the agent in her office and discuss where you are and what you want. At that point you can proceed with a decision where you mutually agree to rededicate the search or either party can choose to end the relationship. Either way don't drag it out. Fix the problem one way or another.
I will add, if I as an agent showed property consistently to a buyer over more than a few month period, I would probably arrive at the conclusion that either they aren't a serious buyer or I'm not doing my job very well. The exception is a very high end home or the needle in the haystack long term hard to find home.
Well, just my personal opinion and that's all this is, but I don't think it's 'weird' at all for experienced real estate professionals to discourage or be worred about people encouraging an OP to DM someone who is on a public board site - I've seen too many here who buy real estate based upon wrong advice given to them by someone on a board and then they get screwed. Especially when the owner then goes to re-sell and nothing was done correctly, because they were not given the correct advice by someone licensed and experienced in RE in the area.
You indicate you're licensed in CA, but what if - for the sake of arguement - the OP is say from Louisiana where Napoleonic Code is utilized? Even I would have no clue, being from another state and now country, how to advise someone in that state.
It does seem from your post that you have a lot of experience; however, I am a bit confused again maybe from having whiplash, but you posted on here: "BTW, I've read some flat-out WRONG advice in anyone's state by real estate professionals here. So Bill's advice, I'm sure, is not reserved for us novices."
That's why I personally do agree that if everything is out in the open, then at least licensed agents located in the state the OP is from and who see 'incorrect' advice being given can post correct information. Win/Win for the OP.
Well, all I can say to that is that the DM feature of City-Data is there for a reason, precisely for people to discuss privately things that they would rather keep, um, private. And while you may like for everything about SOMEONE ELSE'S SITUATION to be out in the open, it's really, again, none of your business what the OP and I talk about, no matter how much you would like it to be. It's as simple as that. But since you are overly concerned, I will answer your hypothetical. If the OP asked me a question I didn't know the answer to I would answer like this: I don't know.
The "reserved for us novices" comment was meant tongue-in-cheek.
The OP asked some questions and some of the answers she got from others weren't really helpful. And, in fact, most were just rude.
This may be repetitive for some who've read my posts, but I have a condo listed for 1,075,000. I am now 75k below the EXACT same condo (except it has these hideous red cabinets in the kitchen which no one likes, and I have six garage spaces and they have two), one floor above me. There are 4 comparable units in my building for sale. Well, only one like mine but 4 between 1-2 mm. So my point is, if it were because I was FSBO that I'm not sold, then why haven't any of these others sold?
It's obvious to the most casual observer, no one, thus far, has been willing to pay what any of the sellers paid /or want for comparable units. You have also said, your purchase is your own comp. This sends the message of flipping and/or financial distress to most buyers. Is this your intent?
Most people seeking to live in in relatively small amount of square footage, in city waterfornt areas, do not want or need the burden of 6 garage spaces. And somewhere along the line, someone with 6 spaces is going to pay more assessments than someone with 2 spaces.
Can the garage space be deeded independent of the unit? Can they be rented? How many prospective owners of a high end city condos want to be in the business of renting out parking spaces?
The online marketing is lousy. The place shows small because the furniture is too big. Inviting unescorted strangers with unknown motivations into your home is rarely the best way to get sold, especially at your price point. The average Joe cannot afford the monthly assessment on your place, let alone the PITA. But I am sure he will be happy to walk in your door and take a look, if he has nothing better to do.
Most consumers ready and able to purchase higher end are working with agents. They are not in the streets looking for FSBO Open House Signage. Investors looking and probing for distress are, if they have nothing better to do.
There is something motivating your desire to move and to do so at what is likely to be a less than break even standpoint. That's your business.
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