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Home Selling : Nationwide Real Estate Advice

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  • Home Buying264K
  • Home Selling45K
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Activity 45,796
Wed Nov 22, 2017
Jterry9807 answered:
I'd recommend https://www.wanttosellnow.com . Purchased my house when I needed to relocate quickly for work. They are BBB accredited and will give you a fair price. Very professional and easy to work with. ... more
0 votes 61 answers Share Flag
Wed Nov 22, 2017
Tony asked:
Wed Nov 22, 2017
Yisemau12 asked:
Wed Nov 22, 2017
Alan May answered:
I wouldn't pay anything for the report. But you might ask if they're willing to share the report... or maybe they can just tell you what the issues were that they found in the report that caused them to cancel the transaction. ... more
0 votes 1 answer Share Flag
Wed Nov 22, 2017
Shawn Fleming asked:
Wed Nov 22, 2017
Angelica P answered:
Hello,

To post your home for sale by owner on Trulia, click the link below and select Submit listings for sale.

http://www.trulia.com/submit_listings/

You will be redirected to our partner site, Zillow. Once you activate your listing on Zillow, it will appear on Trulia within 24 hours.


Thank you for using Trulia!

Angelica
Consumer Care Advocate
... more
0 votes 1 answer Share Flag
Wed Nov 22, 2017
Tatiana Nassiri answered:
Check www.sellurplace.com - you can get offers from several real estate buyers. I am certain it's free and you don't have to sell your house if you feel like you didn't get a good offer. Very reputable, they are great! ... more
0 votes 79 answers Share Flag
Wed Nov 22, 2017
Tatiana Nassiri answered:
Why sell it to one investor, try
www.sellurplace.com You can receive offers from several real estate buyers, and there is no obligation. It's great!
0 votes 15 answers Share Flag
Wed Nov 22, 2017
Rob answered:
You do not know (probably) what her commission (the net to her) is; the amount that the listing agent gets and the selling agent varies for 2 reasons:

(1) depending on whether her office is the seller or whether it is listed on MLS (Multiple Listing Service) and another real estate office sells it. Typically, the commission on residential sales is 6% ... therefore her office would get only 3% if another broker sells her offices listing of your property (on the condo).

(2) assuming she is an associate (not the broker owner of the real estate company she works with), she gets only a % of what her offie receives (whether they receive a full 5 or 6% or, alternatively, based on the % she gets as the listing agent wishing her office. And, assuming she lists your condo but some other agent (in her office) is the Selling Agent, the commission would have to be split up 3 ways (part to Broker/owner, part to your friend as the Listing Agent and part to the Selling Agent. Those % vary from office to office, and can even vary from time to time wishing an office (i.e. if the office is low in listings, the % the office gives to the LISTING agent, might be increased and the amount to the selling agent might be decrease; these % can range from 10% to 50% (in general and could go below or above that range; for example if there is a flood of houses for sale but not many buyers, Listers % could go down and the % to sellers could go up.

So, you do not know what % of the 5% commission she will get, as the Listing Agent (on the condo) or as the Buyers Agent (if she is going to be your "Buyer's Broker" on the new home to be purchased). Too many variables and too many differences from one office to the next and you don't know if she will be the selling agent on the condo and/or the selling agent, or if it will be an "in-house sale" with all the commission going to her office or a co-broker sale by another office.

Additionally, if her office and the MLS norm in the area is 6% (very common), you don't know (probably) if this means it will be 5% in the MLS so a co-broker must take 2.5% (instead of 1/2 or 3%) or whether her office is giving up a full 1% to take only 2% (i.e giving up 1/3 of their normal 3% commission of 1/2 on a co-broke). And if her office is giving up 1% you don't know how much she is personally absorbing of the discount vs how much he broker is absorbing and if an in-house seller also gets a reduced commission on an in-house sale.

Due to all these variables, it is impossible for anyone other than her and her office to know just how much she is personally giving up (as a sum of money or as a % of what she would otherwise get). And you do not know how hard she might have had to work to get her Broker (assuming she is not a broker/owner, but is an associate in the office) to let her take the listing at 5% if 6% is the norm in her office (some offices might routinely do such discounts, some may rarely do it ... as it can affect the incentives/efforts of other real estate offices/Realtors to want to sell your place where the commission is discounted on MLS and to the selling office/Realtor.
... more
0 votes 2 answers Share Flag
Wed Nov 22, 2017
Connie answered:
six siblings share ownership in a patch o what happensf land; four wants to sell two doesn't want to sell what should the two do?
0 votes 69 answers Share Flag
Tue Nov 21, 2017
Mreillysmith answered:
HOW DO I CANCEL MY LISTING AGREEMENT ON MY HOME IN BETHESDA MARYLAND,
WITH A BROKER WHO HAS BROKEN MY TRUST ON MANY LEVELS. SHE NEVER
GAVE ME A COPY OF THE LISTING AGREEMENT. WHEN MY REAL ESTATE AGENT
BROUGHT AN OFFER THAT WAS UNACCEPTABLE TO ME I REALIZED THERE WAS
A DUAL AGENCY FORM THAT REVEALED HER HUSBAND WAS THE AGENT FOR THE
BUYER AND SHE WAS THE AGENT FOR ME THE SELLER. I WANT TO CANCEL THE
LISTING AGENT. HOW DO I GO ABOUT THAT?
... more
0 votes 8 answers Share Flag
Tue Nov 21, 2017
Alan May answered:
What makes you feel that you have to re-negotiate the commission you'd already agreed upon?

Your agent did a great job... not only did he sell your house, but he brought you one of his own buyers. ... more
0 votes 1 answer Share Flag
Tue Nov 21, 2017
Linleydyer asked:
Tue Nov 21, 2017
Gigigcw answered:
You may want to consider donating it. I think it would be the fastest way of getting rid of it. Especially if you wanna get out of putting more money into it. Real Estate With Causes has a great donation program, they accept real estate of all sorts. Anything from farm land to commercial property. The best way to find out if your property is something they're able to accept is submitting their online donation form on the web site https://www.realestatewithcauses.org/land-donations.htm. They're great about getting back fairly quickly, and if you have any questions they're glad to help. The good thing about donating is you get a tax deduction, and you contribute to bettering the lives of many people. What they typically do with real estate donations is they either sell the properties or they actually donate them back out. If you'd like to learn more about what they do visit their web site. Hopefully this helps you out a bit. ... more
0 votes 6 answers Share Flag
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