Agent2Agent—questions & answers, advice and opinions page 47

Do retirement communities work with listing agents to sell their units or do most use their in-house staff?
As baby boomers get older, I would think that this will be a great niche. I see that the higher end communities have brokers that they work with, however, there are many that may need help selling units.…
What do you guys (Pros) know about earthquake insurance?
If you don't know an answer when you present the Hazard Report and Insurance issues when buying or selling, read my blog about it. It'll surprise you.
Agents, what’s the most creative (or crazy) marketing technique you’ve used to generate interest in a listing?
From free TVs, vacations and cars to contests and buyer sleep-overs, we want to know what you’ve done to get attention and expedite a sale. Have you found these techniques worked?
Carlsbad Agents - Have you seen this home?
Just listed this past week - shows great! Perfect for buyer who want: move in ready remodeled kitchen, bathrooms 4 bedrooms ocean view (peaks) In the 500k range Needs Carlsbad school district Wants…
Listing REO's
Any agents have any suggestions for a reputable company to contact about listing REOS in my area. I know most of them cost money up front. Any suggestions would be great. Thanks for your time
I am looking at a lot of different web site packages for my Brokerage. I am starting to hire agents and expect to have 25 soon. Any suggestion?
I have checked out a ton of website packages for my brokerage. We are starting to expand quickly and I need a good setup for the sales side. Any suggestion???
I am having the most difficult time with Chase on short sales. Is anyone else feeling this?
Other lenders have stepped up their short sale processes, but Chase seems to be stuck in a big rut.
With the plethora of lead generating services and companies like byownerdaily, etc... which has given you the most bang for your buck?
I have a very limited budget and don't want to start with direct mailing target markets until I have the funds to do it in a systematic and through manner. Any advice will be greatly appreciated…
About Referral fees
If you weren't a Realtor, but had a website that gathered leads, is there a limit on the refferal amount or percentage that could be given to the non-realtor?
What is the cost difference between a mixed-use building appraisal compared to 4-Family residential building appraisal?
I guess I was unaware how much more a mixed-use property appraisal cost compared to a residential 4-family appraisal. I was quoted $1600-2500 for a mixed-use (4-family with a commercial space below) from…
HOA restriction for owner occupants only. Is this enforceable and legal?
My cash buyer wants to become a landlord and buy several units in a condo complex. The HOA is saying only owner occupants are alowed to buy in this complex. How can HOA prevent the buyer from purchasing…
Does anyone know about the loss of USDA Funding this week? Any idea when congress will authorize new funding for this program?
I have several buyers under contract that now have no financing options for 100% financing!
What is your opinion of the IPad? Do you find it useful for your real estate business?
I have a newer laptop that I use at home for my business, but I find that it is too big to easily tote around with me when I am out doing showings or sitting open houses. I am toying with purchasing a…
Would you recomend an IPAD for a real estate agent?
I'm thinking about buying an IPAD but I wanted to see if any realtors have found it useful in their business or is it just for fun and games? I see people playing games, watching movies etc on the…
What service do you recommend for a transaction coordinator?
Who have you used successfully? Are there any you don't recommend?
We have a Listing in Westlake Village. Today a "local" agent dropped off a package to our seller, thinking the listing was about to
expire... They left a note about our Seller Hiring a "local" agent. Is there a different method of operation by Realtors in Westlake Village?. Westlake Village is About 30 miles away, where…
Do you perform a final walk through with your clients at the end of the sellers temporary lease?
I know walk throughs before closing is a MUST but lately I have had several contracts with Sellers Temporary leases whether it is for a few days or even several weeks to a month. I like to do a walk through…
Who do I contact to become an REO contractor?
I want to become an REO contractor for the Maryland/DC/Virginia area. Who do I contact?
I had an agent tell me as long as the appliances are pluged in they automatically come with the sale, it doesn't have to be disclosed in the
contract. Recently sold a property and the washer & dryer were removed by the seller. This was not part of the agreement, but her buyer is very upset because she (buyers agent) told him they were included.…
The new managment company supervisor I now work with does not have a broker license. She said she does not have to have it to be the managment com.?
The managment company Vice President does not need to have a broker license in order to run the company? Because they are now the new managment company to the apartments I work at. I just ask if she had…
Has anyone here used "Rely Real Estate as a lead generation source?
I did see some really bad reviews, however there are (although few) an ocasional excellent reviews. I'd like to know what your experince has been if you did actually invest $ and time.
Is there an easy (& low cost) way to obtain a list of deliquent property tax homeowners? I would like to offer short sale help to them.
I recently teamed up with a couple of short sale specialists (an investor and bank negotiator). I'm trying to find folks who are late with their property tax payments and would, therefore, be good…
Need advice from Kips Bay Experts!
Listing my brother's coop in Kips Bay 1BR, !BA, all updated. What advice could you NYC experts provide me in trying to sell this for him? Average list price, avg sales price, avg broker fee, DOM,…
I have a client looking to invest in the the Carribean islands. What is one of the best investment opportunities in that region?
I actuallly have 2 clients llooking to invest abroad. What are some of the recommendations that you have for any of the islands?
How many of you have run into an issue with the Plasma TV being claimed as REAL property since it is attached?
I have a buyer claiming they should get TV since it was not excluded in MLS...
Lookiing for Realtors who have a stigmatized home listing for television show pilot
I am looking for agents anywhere in CA that have a stimatized home listing. A stigmatized home could include a home where a suicide, murder or other crime has occured, or a haunting, etc. If you have…
Has Anyone heard of BrokerREO?
I got a call from a Rep today and was curious if anyone had ever heard of them and/or dealt with them...
What is the best way to rebuild your credit after filing a chapter 7 bankruptcy. What will help get scores up quicker ?
I have a client who just had his chapter 7 discharged and wants to start planning for the future to buy again when he can. I'm not sure how to advise him.
What do you think the next big up and coming neighborhood will be in Boston?
I am curious to know what neighborhoods people think will be the next hot up and comers. Eastie? Roxbury? Dorchester? What do you think?
Short Sale and REO Listing agents sending buyers to a "third party" agent for writing an offer - smells stinky!
A family member "Jane" has been contacting listing agents of REOs and short sale properties to make offers. Initially, the listing agents accept the call, show the properties, interact with…
Am I the only one who noticed...?
...that it's now less than 3 shopping months until Christmas?
I have a buyer wanting only FORECLOSURES, however, I can't pull them exclusively on the MLS. Is there a reliable source where I can get a list?
This is probably the million dollar question, but I thought I'd give it a shot. Some sources that I've tried have outdated listings and/or high membership fees.
I am curious to hear from others about the value of printed media advertising and how is it being received these days by buyers and sellers.
Does advertising in the Homes Magazines work these days? Does it make your office phone ring or your agents phones? What about newspapers ads? I am seeing more and more calls come from the Internet but…
I don't know how to do short sales, but I heard that as 1/1/12 there will be a huge tax liablity to the seller when they complete the sale.
I'm not asking for tax advice, I just would like to know if anyone has heard about a new short sale law. I was going to take classes and work with a seasoned short sale agent in my office who has…
Low ball buyers - a waste of time or a worthy investment?
Ignoring market analysis and comparable data, buyer insists on low balling property after property. Time to fire the buyer and recoup time for a more serious buyer?
When flipping a home within 6 months I was told by the other agent that FHA requires 2 appraisals, and the seller must pay for the 2nd?
What if for some reason the buyer does not perform? The seller is out the money? Should we change the terms of the contract to reflect the added cost, make the deposit nonrefundable, then we miss the…
QR Codes, Like or Dislike?
Just out of curiousty , are you using the QR codes to promote your listings on your ads and for sale signs? I'm finding that most consumers don't have clue what they are.
can you remove a redwood tree in the middle of a private yard not close to any public road in San Francisco? Do you need a permit?
i read all I could find but it is not clear if you can cut down a tree in your own back yard. this tree would be considered significant if it was close to the road but it is not. Does that mean you can…
Best school in Dallas to be a Realtor ?
which is the best school to become and Realtor ? I mainly looking for some online course.
Is it legal to openly advertise a $50 referral fee for the general public in Texas? What are the restrictions?
I saw a web page for another real estate agent in Texas offering a $50 for referrals that resulted in a buyer closing or a seller listing contract. What are the pitfalls in doing so?
What is the best way to handle buyers who keep wanting to look at homes above their qualification level?
Buyers think that a "good agent" can negotiate houses that are considerably above their buying level....down to a price they can afford.
How important is Absorption rate for your market?
Do you investigate absorption rate while preparing a CMA and if so do you find it to be a tool that sellers understand?
Has anyone had experience with corporate tenants for a residential unit?
My clients were approached by a corporate entity that wants to lease their townhouse. The offer is for a two year lease with an option to buy at the end of the lease term. Of course, I want what's…
Referral for Naples, FL - must know about modern architecture
I just received an inquiry for Naples, FL, and would like to refer it to a colleague who knows modern architecture. (I'm a modern home specialist in the Miami-Fort Lauderdale-Palm Beach area in…
I am sitting on at least two profitable REO's with a possible 15% ROI in North SD area. Im looking for more cash buyers, urgently.
I am specialized in flips and looking to expand my investor base to buy more REO's. You can buy individually or I can partner you up. LLC set up, management and coordination, all will be taken care…
BEWARE: Have you heard of Ramsesy Alexander?
Please see what I recieved today. Dear Michael, Thank you for responding to my inquiry. I am Ramsey Alexander, a Canadian citizen presently in India for official exploration. I need a 2-4 bedroom,…
Mother and daughter own a condo, and both names are on title. Mother felt pressured to sign and re-list with agent, But daughter didn't sign
agreement Condo was listed for 5 months. At end of the agreement, the agent convinced the mother to re-list. Daughter calls agent to say she wants to list with another agency. But agent insists the mother…
Has anyone ever wanted to try to Short Sale without missing payments?
Just got one approved IN WRITING, 1st and 2nd Lien Holders- two different companies. Neither asked for pursuit of deficiency, promissory notes, or cash to close. Client had not lost job, AND NO MISSED…
So you don't have 5 minutes to answer a few feedback questions?
Agents what is wrong with you may describe the sickness afflicting the industry! My story, I always follow up with agents who show the homes I have listed with a personal phone call trying to get the…
Trying to put together a realestate resume & a profile page for a REO company, does anyone have a template that will be realestate REO specific.
This resume must be appealing to Equator, and several other REO companies trying to break into that market.
Anyone in Vegas have any experiences with short selling a State Farm mortgage?
A close friend of mine has 2 liens with State Farm mortgage. I haven't handled any short sales with State Farm & I'm curious how they go. Thx!
Natick area - Gated Community?
Is there such thing as a gated community in the area of Natick or another nearby town within a good school district? Townhome or SF 3 bed 2 bath?
If your brokage company goes out of business, does that entitle the new broker to receive your commissions?
I was with this company for 7 years and they close recently, I have rental renews and this broker who represents the landlord tells me he can not pay the renew commission to my present broke, is that right…
Have you dealt with a Seller who collects lots of things and is just shy of being a hoarder? How do you show the home? How do you handle the problem?
A few years back I had a home for sale that was just jammed with "Stuff" As hard as I tried, she (the seller)wouldn't cooperate with preparing the home, even with the suggestion of getting…
What do you require of New Investors that contact you !?
What do you require when several requests are made from potential Realestate Investors who contact you and request several market comparables and other time consuming information. We don’t want…
iPhone or Droid? Which is better?
I am a Verizon customer, and I have had a Blackberry Curve for the past two years. I tried the Blackberry Storm for about a week and hated it, because the touch function for texting was horrible, but I…
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