I need to assign a brand new condo in downtown St Petersburg. Any advice?

Asked by Cheryl, Saint Petersburg, FL Tue Nov 13, 2007

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Dinesh, , Toronto, OH
Thu Apr 3, 2008
you can list in different website for free. you may be luck so u might be able to sell for free.
such as http://www.kijiji.ca or http://www.condosclub.com or http://www.craigslist.org etc.
1 vote
Cheryl, Home Seller, Saint Petersburg, FL
Wed Nov 14, 2007
The developer is allowing us to assign. I have agreed to pay any agent that brings a buyer 3% commission. How do I market the unit?
1 vote
., , Clearwater Beach, FL
Wed Nov 14, 2007
If you are trying to get out of a contract for a new condo you should talk to a real estate attorney to see what options you have. Your contract may not allow assignment.

Martha Vasquez
Century 21 Sunshine Realty
Clearwater FL
1 vote
Will Nesbitt, Agent, Alexandria, VA
Sat Aug 23, 2008
If the builder has agreed to allow an assignment then you can assign, regardless of what is in the contract. If you are trying to bail on a contract, then you may want to contact an attorney none-the-less to see if you have any options. If they will only pay 3% it sounds like they want you to list the property with them and they'll try to sell it. Only if/when they sell it, they will return your deposit.
Web Reference:  http://www.condobenefits.com
0 votes
Dan Charette, Agent, Saint Petersburg, FL
Fri Aug 22, 2008
Your first step in marketing your condo is telling us where its located, and the price. The second is seeing if the developer will allow you to place the unit in MLS. This will get you the most visibility. Will the developer actually allow assignment, or are they requiring a simultaneous closing? We have a unit available in a downtown development, but are not allowed to put in mls, and the developer will allow simultaneous closing, but not assignment.
0 votes
Caroline York, Agent, St Petersburg, FL
Fri Aug 22, 2008
I am a Realtor but I am also looking to buy a condo in downtown St Petersburg. Your condo may be more than I can afford but I would be interested, after you speak with a real estate attorney, in knowing what and where it is. Please contact a real estate attorney in this matter. It is in your best interest.
0 votes
Dan Charette, Agent, Saint Petersburg, FL
Mon Jun 30, 2008
Find out if the developer will allow you to assign the contract. Most, if not all, do not at this time. If there is no way out of the contract, you may have to do a simultaneous closing with the new Buyer. Vheck your contract to see if a REALTOR can market the property beforehand in mls.

Dan Charette
0 votes
JM, , Saint Petersburg, FL
Fri Apr 4, 2008
Hi Cheryl,

I am located right downtown at REMAX. Email me or call me because I am not sure what you are asking. Do you need to assign a contract? Do you want to sell your condo in downtown St. Petersburg?

My contact info is
(727) 656-8886

0 votes
., , Clearwater Beach, FL
Wed Nov 14, 2007
In this market you need to list it with a Realtor who can reach the most buyers. There are so many properties Realtors can show they are going for the ones that are easiest to work with - which means not for sale by owners. We work to sell our listings first, another Realtor's listing second then if there is nothing else available we will talk to a FSBO. When you start marketing as a FSBO you will get lots of calls mainly from Realtors looking to list your property.

You are probably in competition with the developer who has more resources available for incentives, etc. You'll need to reach all possible buyers to get your unit sold. That's why Realtors are more necessary than ever. We have access to more buyers than an individual does. We also represent you in the negogitaing and closing process. We have no vested interest in the property - except to get paid when it closes - so we can negogitate with no emotion involved. Call me at (727) 244-9404 if you would like more information.

0 votes
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