Trulia, Zillow and Realtor.com in my opinion are sites that agents should have their listings posted, because you never know where a buyer will look. But there are agents who disagree with me, and part of the reason for that is that these sites get relatively little exposure to buyers. Most buyers look at the various broker sites.
I disagree with those other agents, but the idea of only having your listing on the third party sites is clearly a bad idea (and apparently only one of those three major third party sites since the other two don't take FSBO). You want your listing to be seen by as many buyers as possible so that you have the greatest chance of getting the best price in the shortest amount of time. Ideally you want two or more buyers actually making an offer. That is much less likely to occur, if not very unlikely, with a FSBO listing.
Beyond that, there are probably things you don't know about the sale process, such as lead based paint disclosures and preparing Form 17. In your area there are likely also well and septic issues, and any other number of issues which might pop up. An experienced agent in your area can help you with all of that.... more
I really doubt it's an attempt to get a double commission. Getting a double commission is very rare (contrary to what the public thinks), and aiming for that result on listings at the expense of other sales would result in failure and eventual bankruptcy for the agent.
More likely it's price or bad showing terms (e.g. appointment only). I would try interviewing a few other agents and see what they say. Hopefully one will give you an honest review of the other agent's performance, while also making their pitch.
Two stories: I know of one seller who is doing virtually everything wrong (price and showing terms) and they've been on the market at least four times now without success. We turned them down prior to the second listing due to price issues (and we generally give considerable latitude on price), but after that became aware of the showing issues. So that's the seller's fault they are not succeeding, since they have been told what to do and simply don't care to do it.
I know another where the agent didn't even put a lock box on the property and wasn't conveying my client's interest in the property to the seller. So that was the agent's fault the property was not selling.... more
Hello John. Do you have a rental history for your second home, either long-term rental or vacation rental? Your post states that you are in the 98250 zip code which includes San Juan Island. The San Juan Islands are a wonderful vacation destination (as well as a great place to live) and vacation rentals here can be a great way to add investment/income value to a property. There is a pretty good long-term rental market here on San Juan Island as well. Once you can establish that your home can provide an income flow, via either long-term or short-term rentals, it should be possible to market it as investment property. There are a couple of very good long-term and vacation rental management companies in Friday Harbor, including Windermere.... more
Your realtor should be able to provide some data or refer you to a tax professional for advice. I believe individuals are allowed to gift up to $13,000 tax free to a family member. View the IRS website about "Frequently Asked Questions on Gift Taxes" : http://www.irs.gov/businesses/small/article/0,,id=108139,00.html... more
I insist that my buyers be at the inspection since it is going to be their house and the need to see and understand the condition of the home and its components. Good inspectors offer advice on manintenance issues. If there are issues that arise they need to see and hear the explanation first had from the inspector. Often minor things can get blown out of proportion because the buyer was not at the inspection and did not fully understand what the inspector found. As for the seller, I prefer they are at least around so questions about the house can be answered.... more
Most of my buyers come with a list of homes or mls numbers they saw on the internet that they want to see.Sometimes they like those particular houses,but most of the time they wind up buying somthing else. I am seeing print advertising become less effective except when used for an open house ad or a price change.Best responses I've been getting are from sign calls & open houses.... more