Hi,
view my commission and rebate offers on my website
good luck!
$$$BUYER CASH REBATE 50%-60% / SELLER DISCOUNT 50%$$$
Flavio Tejada, MBA-Finance, Realtor, Broker/Owner
(415) 305-2958
Web Reference: http://americarealtyonline.com/... more
Hello Alison,
The listing agent will pay all initial costs associated with the marketing of the property.
The agent will have taken the cost in marketing the property in account when they agree upon a commission percentage when the listed is taken..
The cost to market the listing is recovered by the listing agent when he/she recieves their commission at the close of escorw.
Kawain Payne, Realtor... more
The Business Times used to have a list. And it is the typical Hill & Co., McGuire, Pacific Union, Sothebys, Paragon, TRI/Coldwell Banker and Zephyr. You MUST check those figures against how many agents are in each company. Many of those companies have hundred ++ agents. Hill has under 100 and still is up there!
Cheers,
Sally... more
First of all, have a meeting with your listing agent and talk about potential buyers reactions and level of interest. Obviously, if you already arrived to the conclusion that the house is priced too high, that means it is and the only thing you can expect from now on is a low ball offer or avoidance. However, you need to send a strong signal to the buyers that you do intend to sell your home and you are willing to negotiate.
1. Officially lower the price, announcing it in MLS and all the marketing outlets.
2. Have your agent contact the potential buyers and their agents and allow him/her to confidentially communicate that you will accept a lower than listing price.
3. After testing the market with the newly lowered price, you will have an idea if a set offer date is appropriate and may be in the position to set a deadline.
4. Be realistic!
Alina
Alina Aeby-Broker Associate
Pacific Union International
www.bestsfhomes.com
415.744.4844... more
There are two rent numbers that are often quoted, the "Pro-forma" and the "Actual". Pro-forma is the amount the property could generate if all units were rented at market rents. The Actuals are obviously the amount actually received by the owner .
If the owner is occupying one of the units that should be noted and a pro-forma number given. Either way that you do it you should be able to give the actuals to the interested buyers when you enter into contract. The buyer will want to see the actual expenses and incomes for the property.... more
Astrid, yes a few years ago a lockbox was sawed off the gate, however there was no attempt to break in.
It is my opinion that the realtor and owner should have the property ready before putting a lockbox on a building. The rights of the other homeowners are being disrespected.
First and foremost, the property is a home not an investment tool.
In this case, I think the policy should allow a reasonable time for showing. After that time, the property should show by appointment. After all, the property is located in San Francisco and not a depressed area.... more
Hi,
I would need to see the property to answer your question about price correctly...the market is hot right now
good luck!
BUYER CASH REBATE 50%-60% / SELLER DISCOUNT 50%
Quality Full Service! Work directly with the Owner/Broker.
Flavio Tejada, Owner/Broker, Realtor, MBA-Finance
(415) 305-2958... more
Why do you want a valuation? Do you want to sell it?
Any agent can run comps and give you an opinion but without more data it would be just an opinion.
If it is a rental property the value to a buyer is based on their return on investment. If its vacant and can be sold as TICs the value to buyers is completely different.
What do you want for the property?... more
Agree with the need for a good agent.
If there is no fee involved on the buyer's side, it is highly irregular.
If your have no agent representing your interests in this sale, and the "free" agent of the buyer is a friend of the buyer, you might be in for problems.
First of all, it's highly possible that the very reason you are approached before the house is on the market is because the buyer knows that the price they are offering is lower than what you could have gotten if you had the house marketed properly through a good listing/marketing agent.
Second of all, if you disclose something that you sincerely believe to be true, but later on it is found out to be different from what you said (with no fault of yours), you might be liable...Improper disclosures or missing disclosures could spell trouble, even with the best intentions.
However, if you think like a home inspector and fix things that need to be fixed in the house (because not doing this could lead to after inspection price re-negotiation, or the buyer walking away if you are selling "as is"), you will be better off. If you team up with a great local agent (with massive internet exposure), and you stage your house - you'll get more than the market price, and definitely more than selling by yourself - without any problems.
Best of luck,
Irina Karan
CDPE – Certified Distressed Property Expert
IrinaKaran@gmail.com
Beachfront Realty, Inc.... more
This sounds like you are filling out the condo questionnaire.
Unless you are the trustee of a condex or an up to 4 unit condo complex, the condo questionnaire should be filled out by the condo association/condo management, not you.
Each condo (more than 4 units) will have their attorney to advise them on how to answer this question. Normally, even if there is no specific lawsuit filed as of yet, the answer required is "yes".
The very nature of the question is to protect the lending institution from potential losses.
Even if the condo association will be suing someone and not being sued itself.
Best of luck,
Irina Karan
CDPE – Certified Distressed Property Expert
IrinaKaran@gmail.com
Beachfront Realty, Inc.... more
Hi,
contact me and I will be happy to provide you with an opinion on the correct listing price, time to sell, etc. Good luck
Buyer 50%-60% Cash Rebate / Seller 50% Commission Discount
Quality Full Service! Work directly with the Broker.
Flavio Tejada, Owner/Broker, Realtor, MBA-Finance
(415)305-2958... more
Kitchens and bathrooms will be the most common answer to your question regarding increased value, but do not discount the importance of addressing repairs, landscaping, and paint (in and out, not to mention a deep interior cleaning -especially windows.)
While these factors do not necessarily impact "value" in the same way, they do each impact marketability and consumer appeal.
I recommend going on a property tour with your agent to see those properties that received contracts in your area in less than 30 days that are still in an active option/pending status (available to show.) This will give you an idea of the elements that each home offered (beyond price) that contributed to a quick purchase offer - then compare to yours, decide what your home lacks, set a budget, and implement the improvements.... more
I will be happy to help you. I hold the Certified Appraisal Degree and can give you a real number.
There is no cost for a market value number. Call (415) 308-5902.
I doubt your relatives have any say. The former listing agent might. Read the MLS rules. But the last time I read them this subject was more than a little confusing. However, one thing seemed clear at the time, once a photographer allows the photos to be used by the MLS you are ceding your rights to the MLS's rules. Note the new SFARMLS stamp on all photos that started a few months ago. Now it's really obvious whose photos they are.
The former agent may have a complaint, but we've had our photos lifted and re-used, as well as our exact marketing copy for a home used for another nearby home. And you know what we did about it? Nothing. There are bigger fish to fry. When the one agent took our exact photos, and didn't even add one new one, I thought to myself, why didn't he just call and ask. I would have given him my blessing. But if that is the nature of our competition, we will continue to thrive in this business by having greater integrity, better represented homes, greater creativity and greater care for our clients.... more
You need data, common sense, and current market knowledge. Using sites like trulia and zillow is great but only as a tool.
I found great insight here http://practicallist.com/how-to-figure-out-your-homes-value
they talk about agent cma's, mortgage appraisals, and how FSBO's price homes. Good to know before setting out to value a home.... more
Hi,
contact me if you need a licensed general contractor reference. Good luck
Buyer 50%-60% Cash Rebate / Seller 50% Commission Discount
Quality Full Service! Work directly with the Broker.
Flavio Tejada, Owner/Broker, Realtor, MBA-Finance
(415)305-2958... more
Yes, you have some rights.
You have the right to life. You have the right to remain silent. The Beastie Boys would argue that you should fight for your right to party. But ultimately, you should really check with the SF Tenants Union. Because even in an illegal unit you have many rights as a tenant. You even have the right to click on the link below.... more
Matt,
John's answers are good and I cannot state strongly enough how important working with a good lender and working with the right agent/broker is.
A bad/dishonest/unreliable lender can cause unending grief by making promises they can't deliver on. We have several we work with routinely and one of the things I like about them most is that they don't make promises they can't deliver on. You also need one who is experienced in your local market - out of area lenders, and that can be as close as the next city, can ruin deals by lack of knowledge.
A great agent/broker can save you untold time and money by informing you of potential problems before you even get into contract, as well as getting the best price possible through market knowledge, investigation, and negotiating skills.
Best Regards,
Lance King/Owner-Managing Broker
lance@fixedrateproperties.com
415.722.5549
DRE# 01384425... more