Agent2Agent—questions & answers, advice and opinions page 39

Do I need to be certified to become a BPO and if yes what's a good place to be certified?
I know what it is and what you do with it. Broker Price Opinion
where the best place to work with the Brazilians investors in Orlando FL area? I'm a Brazilian and I speak English,Brazilian Portuguese and
Spanish. I'm going to get my Real Estate license pretty soon and I would like to know where to start from. I live in Sanford,Fl. Also if would be possible start getting trained before get my license…
Vacant land use question....
If a man stands alone in a forest and there is no woman present to hear him when he speaks, is he still wrong?
In this current market can I get away with 3% sellers concession on purchases?
I'm thinking of buy an investment property but want to know if I can negotiate a sellers concession to help with cLosing cost?
Anyone ever had a seller's agent tell the buyer's agent, that they could not contact escrow direct? Seems contradictory to what escrow is?
At the beginning of this transaction, the seller's agent gave this one page document instructing me as the buyer's agent that I was not to contract escrow for any reason, that any escrow communications…
Is it to late to still get a good deal on a multifamily in NYC ?
I think that the housing market has bottomed out , so I am wondering if there are any god deals on multicellular in NYC !? Good income properties !
What happens if part of a property is not permitted?
The seller said everything is permitted and they have certificate of occupancy which they gave us a copy but it wasn't very legible. My client went to the city to pull permits and they said there…
Are there any suggestions on becoming and REO agent?
I have done several deals representing buyers, but would like to break into REO listings? Good idea?
I would like to know yours guys tips and tricks on hosting an open house
So I know the basics about hosting open houses....hot neighborhood,balloons,signs,news paper, invite the neighbors, don't hard sell. But I would like to know tips and tricks that you guys use, that…
I'm being told, a lot lately, that agents should be charging for everything, when I am processing a short sale.
I have seen some agents charge a fee to the buyer OR buyer’s agent etc...just wondering what agents are doing out there with fees.
What are the steps involved in finding an asset manager whom I can list/sell homes for? (i.e. become a foreclosure listing agent).
I have sold enough foreclosures at this point on the buyers side that I am curious to learn more about how I can become a foreclosure listing agent. I would be interested in working with Fannie (Homepath),…
Where can I find a realtor/broker that has experience working with short sales and is willing to work with my company on short sale offers?
I know many realtors and brokers throughout the NYC tri-state area but few of them are short sale savvy (even still in this market). We are looking for realtors/brokers (preferably in Queens or maybe…
2nd homes
Hi I have clients who are looking to purchase 2nd homes. Is there a limit on the distance? I have read it has to be 50 miles, is this really the case, esp for people who have a condo in the city for…
"Is this a gang infested area?" This question was posed today for a community are in Chicago and some Agents responded that it would be
Steering.... Please help me understand how answering such a question would be steering. I do not recall gangs/crime being a protected class, please help me understand.... I am a little rusty and look forward…
E&O Policies -- What do they really cover?
I've been reading and comparing E&O policies and having a hard time evaluating their true worth. The exclusions seem endless, and the coverage seems minimal. Small brokerage owners -- how did…
Anyone have tenants living in their active listing? Advice?
Having issues getting times together with tenants and listing. Any advice?
Can you a member of both PGCAR and GCAR?
Can you be a member of both associations at the same time?
How to find out appreciation of a house in 5 years?
I have a client that wants to know how much a house will appreciate in 5 years. How can I find out? Is it even legal for agents to inform buyers about appreciation?
Is there a California Law that prohibits a seller from mandating that a buyer use only his recommended service providers?
What resource is available regarding the anti-steering of related real estate services by the seller?
I have a client who has moved here for work at Barnes Air Force Base in Westfield and is looking
to rent a house for at least a year but probably more. He is looking for a single family home in Westfield, Southwick, Agawam, Easthampton, Southampton, Northampton and Holyoke (nicer areas). He needs…
Must a broker disclose that an agent in his office is making the offer?
Hello fellow agents. I am seeking your opinions on the following scenario. My seller client received a call from a gentleman who wanted to make an offer on his property. My client told him to call me.…
How to find which schools are for an address?
I have a client that wants to know the nearby schools for one of my listings. I searched online and a few schools came up nearby so how do I know which one they have to go to or can they choose from the…
How are rental commissions handled in San Francisco?
What's a typical calculation of a small rental in San Francisco? In NYC the fee is based on a % of yearly rent, but in NJ we do it by monthly rate. Also, does the tenant pay the fee?
What would you do?
I received a call from a disgruntled client who listed a really expensive, 7 figure property for sale, but now they can't stand their listing agent and would like to list it with me and my company.…
How much do you spend monthly on marketing? Which mediums are focused on that are delivering you verifiable results?
Do you think about spend/dollars in terms of return on marketing dollars spent? Should you? We havent in the past...we just spend and hope for the best, but havent really measured the impact of dollars…
OPEN HOUSE PREPARATIONS TIPS
I have scheduled open house on February 12, 2012 from 12:30 to 3:30 pm 2 Bedr COOP $314K. 8735 Bay Parkway apt. B26 Bensonhurst, Brooklyn NY. What would be helpful to sell it? Call 917-941-4447 Licensed…
Can a client cancel a listing contract?
If a client signed a six month listing agreement but decides they want out of it 1 month into the listing because they are unhappy with the realtor or the company they work for, what are their options,…
Does anyone have a pocket listing or knows someone interested in selling their duplex in SF? At least 1 unit vacant. Purchase price up to $1.2M.
My buyers are looking to buy a duplex in Noe Valley, Eureka Valley, Duboce and Hayes Valley, They are open to other areas in SF. Call me if you know anything! They need to find a place as soon as possible.…
Any one have referral sources for 203 k contractors in the Triad area?
IF so, please forward me their names and contact information. Experience with the 203k process is a plus.... thanks
How can I prove selling agent hid our bid to receive double the commission?
We offered 91,500 on a piece of land with no house and it sold for 78,000. It was a cash only offer and she will not return my agents phone calls. She was listed as seller and buyers agent, so she basically…
Any GREAT agents out there in Suisun or surrounding areas who work short sales?
I'm a San Mateo, CA Broker and have a customer who is in Alameda County who wants to sell a rental property on a short sale basis (it is already upside down -- question is what isn't?). In any…
Why do you think banks aren't releasing they're large inventories of "Shadow" properties?
It's already mid-June..... No large influx of properties from the banks "Shadow Inventory(s)" Understanding that a large influx will sabatoge the market, prices, supply & demand…
I have 5 short sales in with good offers into Suntrust for over 2 months.. Please other Realtors share your Suntrust experiences with short sales.
Marsha Montoya Mayer- Realtor Paradise Properties of Florida, Inc. Email: Marsha@mypalmbeachrealty.com Cell: 561-329-0428
Looking for an investor who buys discounted 1st Trust Deeds in Louisiana. We have an asset opportunity in Denham Springs, LA.
Our company buys and sells discounted 1st Trust Deeds and we currently have one in Denham Springs, LA...offering a double digit ROI. Does anyone know of a investor(s) who are in the note buying and selling…
Does the presence of mold automatically kill a VA loan?
I have VA buyers. They are looking at a short sale and there is mold in the garage where the water heater has leaked. It would be $2300 to remediate, which the buyers aren't willing to do before closing…
I have a mortgage co & real estate co and the board of realtors is dictating that the loan officers pay dues to the board.
They would receive no benefits as a board member. They can't be exempted as a limited function referral agent nor can I incorporate and license them under the corporation as the dues formula follows…
Anyone know where the market around Dobbins AirForce base is heading?
I have a client who is looking at a couple 3/2s in the area around $40k or under and they are planning on selling it in 2-4 years. We were talking about how some of the Dobbins personnel might want to…
I am an active Realtor in the state of VA about to buy 14225 Orinoco Avenue, zip 44112. Need a fellow realtor's advice and guidance on the
following: This seems to be a 4 unit property. From what I have gathered a fair bpo for this is about 60k. Is that correct? Not being from the area, I need to have your imput on weather I should resale…
How to DENY a showing because the buyer is not qualified to buy but the buyers agent has no idea.?
We have several listings the buyer and his agent wants to see, but a close contact and very trusted source we have knows for sure that the buyer has not even half of the sum available to purchase and will…
I am curious to know if any realtors had luck getting their seller's the Bank of America Florida Incentive $, up to 20k, for short selling their
home It seems like not many people have been able to receive the promised "Florida Incentive" for short selling their property. Anyone been successful?
Short sale and 1099 question.
I have received conflicting information as to how the lenders that forgive a debt in a short sale handle the forgiven debt. Some claim that the lenders will still issue a 1099 and then it's up to the taxpayer…
I have a Fannie Mae short sale and a buyer with a good offer. But, Wells Fargo will not STOP the forclosure next week.
The banks were bailed out but are they helping distressed homeowners and the real estate market ? NO
Effect of Short Sale Legislation in California and Oregon?
Both California and Oregon have apparently passed legislation which would limit the time a bank would go after a deficiency on a short sale. Washington is considering similar legislation. The concern…
I'm considering investing in an iPad. Is it worth it for Real Estate?
I would love to know how agents are using their iPads for Real Estate purposes. Is it worth the investment?
Lack of communication and executed contract from sellers agent, should I be concerned?
My buyer placed an accepted offer for a property that was a foreclosure. Initially it was a multiple offer but the deal fell through so the listing agent called us and asked if we wanted to make an offer…
Mortgage backed securities are rallying this morning to all time highs and this brings the potential for the lowest rates we have ever seen.
You may want to advise your clients who are floating their rate to get another quote today and consider locking.
Lender's Appraisal Value came Lower than the Offer Price.. Please help..
Hi, We made an offer to a REO property around $7K higher than the asking priced to get it. The property was listed for $150, I made an offer of $162K asking Bank to pay 3% of closing costs. Bank accepted…
Has anyone here purchase in Barton Place?
If so, how was your experience? So far, it's been pretty good but I'm about to write a contract on it and wanted to ask. Thanks!
can you tell me the agent or agency that sold this home?
-- This question is about this property: http://www.trulia.com/homes/Georgia/Lawrenceville/sold/315181-1877-Doverhill-Dr-Lawrenceville-GA-30043
Why am I getting email verification validation issues when posting a blog?
I can do everything but post a new blog. I clicked the validation button and received a confirmation number, but when I then click the link and enter the validation code it is saying the code is incorrect.…
Would any listing agents be in the sarasota /SW florida area be interested in being represented at property shows in europe and asia.?
I have managed to get an editorial article highlighting the benefits off owning a property in the Sarasota area into the largest overseas property in the uK which is backed by a successful show and tv…
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