one huge advantage of using a real estate pro to help sell your home is the amount of exposure you get through MLS listings. It is a great way to get your property shown to "its new owner". The agent is another way to get a great advantage too. Your interest is put above anything else by your agent. Our job is to take care of you and to watch out for you first. An agent can help you know what a good listing price is for your home. By comparing like homes you can price yours to sell fast. An advantage of selling your home yourself is you do not have the commissions. But, you have to field all calls yourself and show your home without the assistance of an agent. The commission is saved by FSBO but with real estate there is a lot of paperwork that must be completed correctly. This is an advantage of having an agent. My broker really stated it best when she said, "I don't sell homes, I just help facilitate the paperwork on buying one." Basically, our job is to make selling your home a easy process for you.
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Your first step should be to locate and hire a REALTOR, not just a real estate agent on an exclusive basis. Be sure your REALTOR has a minimum of five yearsâ€™ experience and 100+ transactions.Â
Larry as I'm sure you know it all comes down to exposure and professional representation...a for sale by owner has access to a very limited (and often unqualified) audience. If you want to try FSBO do it for a limited amount of time....I would advise 3-4 weeks maximum. If unsuccessful put it in the hands of a professional.
I welcome the opportunity to discuss the seller advantage of working with WestMark Realtors and specifically me! I will provide you with a market analysis with a recommended price range as well as an indepth look at what we offer.
Thank you for all the helpful answers. Looks like we will do a temporary conversion to save us the headache when we put it on the market. Thanks again to everyone for the advice. Hopefully, our credit will be in shape sooner than later and we can move to a bigger home...we're ready!... more
Yes you can still sell your home. It all depends on the condition and most importantly the location.
You said it is listed so your Realtor should be able to show you strong hard numbers to get the home sold and put money in your pocket. If you do not have a realtor already then I can be more specific and give advice. I just do not want to interfere if you are already represented.
The simple answer is "yes," VA loans are assumable. Loans made prior to March 1, 1988, were unconditionally assumable--with or without lender qualifying of the buyer. After that date, assumptions were only allowed with buyer qualification by the servicing lender. If the assumptor has their own VA eligibility, it can be substituted for that of the current owner too. A little known fact is that an investor can assume a VA loan. It might not take much equity to do so, and that makes it attractive to the savy investor. The qualifying release of liability takes the risk away from the veteran-seller.
Contact your current servicer for their qualification package.
Licensed Mortgage Loan Officer
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This always comes down to the same answer. How does the price compare to other homes in the area. What about other homes that are under contract or have recently sold?
Here is what I recommend. Go to your agent and have them take you to the 3 or 4 closest comparable homes. If you can see one that is pending that is even better.
Now is the time to be honest with yourself... How does your home stack up? If you can't be honest and look at your home as a buyer would then this will not work. If you can it will enlighten you and I think you will have our answer. Remember it doesn't matter what you paid for your home... that has nothing to do with it's value in today's market place. Pricing is critical in this market and so is condition. You only have one chance to be new on the market and that chance is gone... now you need to smart and price the home and make sure it is in the best possible condition it can be in.
Best of luck to you!
REALTORÂ® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
o 512.669.5599 m 512.633.4157
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It sounds like you first need to know the market value of your home, contact a real estate professional to do a market evaluation we do that at no charge to you, this will help you put together a plan to be able to more forward. The lubbock rental market is very strong right now so that could be an option but getting with a professional to determine where you are is a first step.
Keller Williams Realty, Lubbock
The Importance of Having a Real Estate Website If you are a real estate agent who wants to be successful in your field, you might want to consider having a real estate website. A real estate website is
Ronnie Foy"The Other Real Estate Company"806-632-7696Â Â The July Market Still Showing Good Results.Ronnie FoyÂ Properties placed under contract in May were the strongest in number since 2006.Â
As has been said, there is no advantage.... you will just be working with the listing broker who will keep the full commission. Also because he is representing the best interests of the bank you are essentially on your own. Also when you get into the process of trying to buy any property let alone a foreclosure you will see the benefit of using a Realtor. There is so much at stake it would be very foolish to go it alone... but the listing agent would sure be happy if you did.
Don't just pick an agent... interview and find an agent you feel comfortable with. Buying or selling a home is a team process and you should be looking to find somebody who you trust who will be looking out for you. The lender or listing agent will be looking out for themselves.... you should too.
REALTORÂ® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
Interesting question, complex answer. All agents are not the same. Some are bulldogs and get over 98% to 99.5% of the asking price. Some will easily give away their own money, so why would they not give yours away in negotiating?
Talk to an agent that wants to sell your home, not to put a sign out to get more buyers so they can make some money from sales.
Call me and we can talk and you'll see why so many sellers choose me. 806-771-4663.... more
Facts About Expired Listings Nearly 15% to 25% of all listings do not sell. The market rejects them. In other words, the market did not accept the Marketing Effort, the Price, the Condition, the Location,
May 2011 Lubbock Real Estate by the Numbers By Ronnie Foy The number of single family properties, 409, placed under contract in May of 2011 is only eclipsed by May of 2006 which had 419 properties placed
A Very Strong May Market for LubbockRonnie FoyÂ Considering folks buying a home on a loan today have to actually qualify for the loan, other than just be breathing, our May real estate market was exceptionally