Agent2Agent—questions & answers, advice and opinions page 62

How much success do you have getting Buyers to sign an exclusive Buyers Broker agreement & what tips do you have?
Many of my agents say buyers get put off or don't want to sign a Buyers Broker Agreement. They say it can ruin a good relationship from the start. Do you find the same?
Qualifing properties for FHA inspections/appraisals.......
Good afternoon! When working with clients with FHA financing, is there any property conditions I should avoid or a checklist for successful FHA inspection/approval? Thank you in advance!!!
Attorneys/CPA's/Tax pros --If your client had his home (principal residence) foreclosed on, do you automatically advise him to file bankruptcy?
Will this ensure that they cannot come after your client for any debts after taking his home? Please advise pros and cons. Thanks
Know of any clients that were pursued for the money owed on a house, even after being foreclosed on?
I am doing some research for an article. I would like to have this angle addressed. -this question is in regards to foreclosures, not short-sales. Thanks!
I am working with a client that has 10k & can pay 800 mo. Want Boiling Springs, SC Call Jim Wood, Broker 864-542-2725 http://carolinadream.com
If you are a Realtor or Owner please let me know of any homes that you have available. My client will need 3 bedrooms and 2 baths. Good job and rental history. Needs 1-2 years owner financing.
What % of short-sales actually close?
Is it based on the lender, geographic area or expertise of the agents involved or other? In my area of the country I am seeing agents, buyers & sellers become very frustrated with the short sale process.…
find contact in weichert financial services
Have a client pre quail with cash for property in gloucester that weichert financials hold the mortgage on. Owner has skipped and property is vacant. will split commission!
If a Seller refuses to pay the agreed to real estate commission at closing, will the property still close?
Seller refuses to pay the listing agent and the selling agent for no specific reason other than he wants more money. Closing company says it still has to close on time regardless of Realtor objections.…
Any agents interested to going in on a bulk electronic lock-box purchase for a nice discount??
I would like to purchase some more electronic lock-boxes, but I definitely don't need 50 right now... Seeing if anyone would be interested in putting in on a group purchase... 50 @ $100 each; let…
Looking for a website with high quality optomization, that also provides the info to understand its use throughout social media and lead generation?
I am looking for a website that provides more than just any website to ripe the benefits by obtaining leads. Since I need to educate my self understanding features IDX and that good staff, It has to be…
Short-sale sellers may be hounded for the difference after the sale, and because they are taking a big credit hit anyway, is foreclosure ever better?
this question is a follow-up to a question I posed earlier asking if anyone ever had a client who sold his property in a short-sale and who later was gone after for the balance shorted to the lender. (As…
Is there a "cease and desist" list in Manhattan.?
Is there a list of addresses in Manhattan that I am not allowed to mail solicitations to? When I worked in Brooklyn we had what we called the "cease and desist list". If so where would I find…
Georgia Dream Loan Officers?
Can anyone recommend an excellent loan officer that specializes in Georgia Dream, and can also provide advice for restoring credit?
Do you have a 5br/3ba in Clearwater, Palm Harbor, Dunedin, Tarpon Springs area for sale? No deed restrictions please!
Often a property may meet these requirements but can not be listed as such. Price should be around 200K. Annette Lawrence ReMax Realtec Group Palm Harbor, FL 727. 420. 4041
Any REO or Short Sale Specialiasts in the Temecula Valley area?
We have an aggressive and hungryall cash investment group ready to embark on the South Riverside County area. We are a turn key licensed, bonded and insured construction rehab general contrator and RE…
Is it necessary to change a sound business model?
The other day I want to an optomitrist to get my eyes checked (again), a practice I have had to do for some time now. Over the years I have seen this doctor several times, and it never ceases to amaze…
Do any agents have now or coming up in the next month or two: 3bedroom, 2 bathroom house for rent in Arlington, Alexandria, Falls Church area?
They are hoping to keep the price to $2300/month and looking for a SF detached home vs TH Thanks!
HOME INSPECTIONS When I am " flipping homes " I often get an inspector from hell. Should I get a pre-inspection???
Before I put my flip on the market should I hire a home inspector who is a civil engineer to do a pre inspection, then fix any safety issues or issues they may cause a near term problem? Then disclose…
Fellow real estate pros, I need some advice about work/live properties.
I'm currently working with a client who wants to buy a property in Ballard, Queen Anne, or West Seattle for up to $450k with a street-level retail space and living space on the same premises. I first…
Commission rebates from agent to client needs to be approved by the lender and must be disclosed up front ... correct?
I wanted to confirm that commission rebates from agent to client needs to be approved by the lender and included in the contract (this way the lender is alerted before the HUD). So for example, a selling…
A property for sale in my area does not include mineral rights. What exactly does this mean?
Can someone come on the property and get the minerals? Recently a customer in NY told me an oil company came on their property and started drilling. Nothing could be done to stop this. How does this…
Looking to establish my bi-lingual network in Las Vegas... what languages do you speak?
Hello Brokers / Agents! Over my life of internet marketing, I've received a variety of contact requests to individuals who speak very poor english, and I'd like to establish my network of bi-lingual…
Good property managers for Folsom and South Sac.
Does anyone have a recommendation for good (low commission, high tenant retention rate) property managers servicing Folsom and South Sac? I'm looking for an individual or a company who have been…
What is the key to successfully using Craigslist for lead generation?
Craigslist has been touted everywhere as the next big thing for real estate lead generation. Whenever I have posted listing ads all I get is spam. I have found CL to be excellent for marketing rentals,…
Can an individual collect a "listing fee" in Idaho?
Land without a dwelling on it being listed by an individual and sold by a selling broker...both are set to get paid. In addition, the listing broker is family to the seller.
What are some creative ways that you have used to reach First Time Buyers and Gen Y-ers?
Wedding trade shows, buyer seminars, sponsoring a local sports league? What creative way have you leveraged to reach this tough to reach demographic?
The Bank Foreclosed on My Shortsale and My Buyers Are Heartbroken
I had an offer accepted on Monday for a shortsale that was on the market for 2 days. It was submitted to the bank and before I knew it, Thursday, the listing agent called to say that the bank foreclosed.…
Is this fact or fiction ? “ A staged home shows best while returning over 200% on the money spent by the homeowner.”
As fellow realtors, could you comment on the following statement made by a fellow realtor about staging homes for sale: “ A staged home shows best while returning over 200% on the money spent…
I had a deal fall through this week because the appraisal indicated that the condition was "fair". Are other agents seeing this?
The buyer was qualified, the value was there but Fifth Third declined conventional financing strictly due to the "fair condition" assessment in the appraisal. I would expect this from FHA or…
How does one get Realist & Realty Trac to stop reporting that a property is in auction status when it was sold to a new owner in early 2010?
The property had been in default with an auction date posted, but was sold as a standard sale, but it still pops up in "auction" status. Do you think the previous owner needs to be contacted…
What are the laws in your state regarding abandonded pets in foreclosed homes? Here in California it's clearly defined in Assembly bill 2949
In August 2008 the assembly bill 2949 was created to save these animals that have been left to die in homes that the owners walked away from. It is called the Animal Abandonment Act. In 2006 and 2007…
What is the best way to advise a home seller to increase the septic to include an additional bedroom?
A seller realizes that the homes that are selling within the price range that they expect, all have 4 bedrooms. Their existing septic is only approved for 3. What are the steps/expense they should expect…
Anyone else have a bad experience with Realtysoft? I recently tried their free IDX. It took a while to get it approved because they lost my
paperwork. Then they finally got it approved with the MLS and it was live and working okay. Now all of a sudden my IDX is deactivated and just says "IDX Paperwork Approval Required" and no…
What guidelines are agents following when completing BPO's?
What value are they giving for difference of one bath room or one bed room or a waterivew compared to busy street?
In absence of a hardship situation (no income loss), what is your experience with lenders not going after deficiency amount in a short sale situation?
We all know that getting rid of deficiency is THE condition for most of short sale deals. Anybody had experience with lenders agreeing not to go after the deficiency without major hardship on seller's…
Neavda REALTOR is seeking a REALTOR in Dallas to refer a client to.
Client lives and owns a home in Las Vegas and owns a home in Dallas. They are moving back to Dallas soon and are looking to purchase rental property.
Through your personal experience, what would you advise your buyer to do/prepare-for when purchasing a bank-owned property?
Is there anything other than the obvious (inspection/title insurance) that you wished you might have been aware of? I realize all cases are different, but I always like to hear from my felow agents.
What makes a water or sewer system public? Does it have to be owned and operated by the town to be classified as a public utility?
Some property owners have recently attended a council meeting and were concerned that they were told when they bought their homes that they had public utilities, both water and sewer. Then they found out…
I have a home staging company working in Jacksonville and Gainesville, Florida. I would like to hear
from Realtors suggestions for how my company should market our services. Do you as a Realtor suggest staging to any of your clients on a regular basis? If so, what are you hearing from the seller? Do you…
How do handle older client sellers who are not tech savvy?
As a busy agent I use a lot of technology systems in my business to keep my clients current on what is happening with their listing and activity in the neighborhood. I do pick up the phone and call as…
Will you be doing an open house during the Super Bowl?
Will you be doing an open house during the Super Bowl? Do you think there will be serious buyers out looking or will everyone be watching the game?
Mortgage loan originators, what is your take on the upcoming compensation rule changes taking effect in April?
Seems to me that the added regulation is just going to increase rates and fees for borrowers in the long run, particularly because nobody seems to know exactly what the new rules mean or how to comply…
Why do agents answer questions, to help the consumer or is it for the accolades?
Does the answer, I am not an expert but I can help find you one really help? Is the market really similar all over the country? Do you ever think your answer may make the local experts job that much…
I am on a trial modification period since October with my lender Bank of America. I have been told that the payments I made where just good faith
payments. I would like to know where my money has gone. My principal balance has risen. Is this normal? Should I be talking to a lawyer at this point?
Are you finding it more difficult to attend continuing education courses?
I am required to attend a certain amount of continuing education courses each year to work toward or maintain certifications and licenses. So far I’ve been able to justify the time and expense…
Zillow has become nothing more than teenagers flaming Realtors. Anyone see this trend?
I hate to see it and hope other sites like Trulia don't folllow by not policing their boards to keep it professional. It is such a waste of a potentially good site. Most post that are answered by Realtors…
What's the best contact program easy for personal lists & business including farms & easy to implement to labels, flyers &
postcards. Not tech savvy! I have been doing it old school with an address book and handwritting everything & it simply takes too long and any printers I work with want me to upload a list and I do…
I have a client who asked me if there are foreclosures for sale in Cincinnati other than what is currently listed in the MLS. Do you know if there is?
a separate resource to find a list of foreclosed homes for sale or are they all supposedly listed? If there are other resources - how can I or my client gain access to this information? Thank you.
What is the best way to deal with an 'old boys' network'? I am working with investors who have several multi family properties
Some are local and some are in another county. The local properties are getting lots of activity, but the ones in the other county, not so much. I looked at the data very carefully and feel confident…
How many agents are able to receive leads from Trulia?
If so, did you pay for it? What ad campaign did you sign up for? Anyone uses Realtor.com and which one is better?
Open Houses! Is this Back?
There is the rising concern from sellers for open house. Is this trend back? It was looking outdated very recently.
I'm considering going into real estate and getting my license, but I'm wondering if this is the right time to do it?
- 19 years old - Has a high school diploma - Attended three semesters of college - Looking for a "calling" - Very determined but still open-minded - Possibly moving to the Pensacola region…
Anyone have comments on Buffini and Company??
I read the "Work By Referral" book and enjoyed it. I'm thinking of buying the "100 Days to Greatness" package, but I'm afraid (like most training courses) that it will leave…
As a new agent, what should I focus my energy on most right out of the gate to makes strides toward a successful career? Advice/comments very welcome
I have read countless books and everyone has an opinion. I am a relatively young agent at 30, who has been licensed for more than two years. I have experience with facilitating the transaction of my…
Buyer says: "You will need to rebate X% of your commission back to me at closing to cover my closing costs and other expenses."
I am a listing agent, but I know a Buyer's agent who came to me a few months back. She had sat down with a Buyer to sign a Buyer's agency agreement. She discussed what her services were going…
Rental property owners seeking tenants?
Hello Agents / Brokers, We are seeking more properties to manage, as we have 100% occupancy, and a variety of qualified / pre-screened tenants looking to rent; we have over 200 rental properties through…
Anyone want this great lead from Trulia I got today??? Trulia Pro isnt working for me...
Lead in Your Trulia Profile From: Villi Pedro(esq) 8:03 AMEmail: villipedrolawfirm@hotmail.com Sent to: Message: Gretings John Walin I hope this email locates you in good health? I am the…
Any agents have clients who need to rent? I will happily show rentals to your clients!
I have been an agent in Las Vegas for several years and found several agents unwilling or unable to show rental property to clients. I would be happy to assist your clients into a rental home with professional…
I need information on this property Tract 1, Vision Quest Court, Alto NM 88312...can anyone help?
I am a team leader for the Flagstarbank REO program and need to confirm that this property is vacant land. I am also looking for a local real estate agent to work with to get it sold. Anyone interested?
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