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Agent2Agent in Idaho : Real Estate Advice

  • All54
  • Local Info3
  • Home Buying28
  • Home Selling7
  • Market Conditions4

Activity 20
Sally Grenier, Real Estate Pro in Boulder, CO
Mon Oct 31, 2016
Sally Grenier answered:
Seems to me that you would still need to take the course. Here in CO you can't just study the practice questions.
0 votes 1 answer Share Flag
John Souerbry, Real Estate Pro in Fairfield, CA
Fri Oct 24, 2014
John Souerbry answered:
Wayne is right - REIT's are not property or even a collection of properties, they are an investment vehicle that is regulated like most of what is sold on Wall Street. Licensing, management, record keeping, etc. etc. etc. is completely different.
The little brother to the REIT is a syndicate, which is regulated at the state level and much easier to form, manage and dissolve. There is still a lot of red tape and you'll need an attorney to guide you through it, but if you're just looking to create a pool of properties that you can sell ownership shares in, syndicates are much easier. There may be other, similar entities in your state that would suit your needs better, recommend you speak with an attorney that works in this area, also a tax specialist.
... more
0 votes 3 answers Share Flag
dawn lane, Real Estate Pro in Las Vegas, NV
Sun Feb 2, 2014
dawn lane answered:
Akil Walker, Real Estate Pro in Upper Marlboro, MD
Fri Apr 26, 2013
Akil Walker answered:
The docusign mobile sounds like it would real beneficial to business
0 votes 2 answers Share Flag
Pam Jank, Real Estate Pro in Coeur d Alene, ID
Thu Nov 17, 2011
Pam Jank answered:
The REO Agent usually handles the renovations. Therefore, contact the Listing agent for each and every REO in your local and let him/her know you would like to place a bid.
0 votes 4 answers Share Flag
Kenn,  in Nampa, ID
Thu Jun 23, 2011
Kenn asked:
What are the steps to becoming a REO Listing Agent for Premier Asset Services?
0 votes 0 Answers Share Flag
Aaron Catt, Real Estate Pro in Meridian, ID
Thu Mar 10, 2011
Aaron Catt answered:
Lots of good answers. Here's an idea that I didn't hear anyone touch on.

I work on site in a new home community. It's still fairly new and we are offering a pretty unique amenity that most communities don't have. As a part of that, we have structured our pricing to reflect the quality and amenities of the community and I think we've done a very respectful job. We also try to build our plans based on what the market is demanding--right now, lot's of single levels.

Anyhow, I have had a few agents show the community to their clients and in one case the agent refused to leave feedback, and the other was very unconcerned about leaving feedback as well.

Here's my problem with that:

#1, it assumes that the buyers rep's know everything about their client and their deepest concerns and can answer all of their questions accurately. #2, It also assumes that their clients feedback about the community, the amenities and the homes will have little to no impact on the future of what we offer and at what price or what we could do for their client.

The first point- Rarely does a buyers rep know everything that is going on in the mind of their buyer. It's silly to assume that since your client isn't asking questions, that they don't have any. It's also silly to assume that they don't have objections--they do, or you'd be writing the deal! Getting those questions on the table and getting answers to them is your job and it doesn't mean you're pushy, it means you're competent.

I asked the agent of one of the buyers if his client had questions and to use me as a resource if they needed any help. His response was that his client didn't have questions. Oddly enough, after 3 to 4 showings on the same spec to the same buyer, that buyer ventured over to our sales model without his agent and said he did in fact have a few questions.

The Second Point--As a listing agent, I do my best to know and understand the current market and how it affects my listings. But, what many buyers forget, is that their client is looking for 'their version of perfect'. It's an easy trap to fall into that if the client is capable and willing to build, that they should look at what the builder can do to help the buyer get the home they want and need at the price that makes sense for them. If they aren't willing to build and our community just isn't the right fit, then it would be to the buyer's rep's advantage to get to know the community; features, advantages and benefits and also to let us know that our product isn't what his buyers find accommodating.

Any good builder or developer will take repeated or consistent feedback seriously and if agents are competent enough will know that their input is valid and could help produce pricing and product that better fit buyers needs and wants. Happy buyers=happy buyer's reps.

We're all in it together...leave feedback that matters.
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0 votes 24 answers Share Flag
Aaron Catt, Real Estate Pro in Meridian, ID
Tue Feb 15, 2011
Aaron Catt answered:
Here is the Idaho Code on the subject:

Idaho Code 54-2002
Idaho Code 54-2003 ... more
0 votes 3 answers Share Flag
Dan Chase, Home Buyer in Texas City, TX
Thu Feb 4, 2010
Dan Chase answered:
I tried to look at your listing with an unbiased eye. Any critique is intended to be constructive. Please consider and then decide if I am correct or not.

First, some of your pictures of the inside look like they were taken at night. Dark in pics= goodbye.
Second, it is a 1981 model. far to old for most people to want for a trailer. I am not sure financing is possible. Even at that low a price it could be overpriced for what it is being in a park.

Why is there a chain link fence around the trailer? Is the crime so bad that people are afraid not to have such a fence? (perception could be negative on this aspect)

Paint the doorframe on the entryway. Maybe the door if it is also bare wood.
redo pics 2,3,5,6 (just a little dark) 7 (is that a black wall?) 8, (wood looks black, plus crop out the black on the outside edges right and left)

pic 9 shows a rusty roof on the small building. Paint it.
pic 10 makes it look like there is a HOLE and a sticker and dirt on the bottom right part of the doublewide. Clean fix, and retake or remove the pic.

As a buyer seeing a hole in a house I wonder what else is wrong with it. I expect to see water damage from that hole.
... more
1 vote 5 answers Share Flag
Steve Tennis…, Real Estate Pro in McAllen, TX
Fri Jan 29, 2010
Steve Tennison answered:
Talk with an attorney and a CPA. His credit should not be involved because he does not have a loan against the property, but 50% interest in the property will go to the bank.

Is he willing to take out a loan to purchase the other 50% interest. He might be able to short sale the property before foreclosure. ... more
0 votes 2 answers Share Flag
Marla McWill…, Real Estate Pro in Coeur d Alene, ID
Mon Jan 25, 2010
Marla McWilliams-Lopez answered:
Thanks Linda.... I agree with you, considering trulia gets close to 5 million hits/month..... Zillow gets 8.9 million (I've got it there), and (of course)

It's all about traffic!! ... more
0 votes 2 answers Share Flag
Bayrumis1, Home Buyer in Coeur D Alene, ID
Sat Oct 24, 2009
Bayrumis1 answered:
Hi All thank you for your imput!
I can cancel the contract but must manage the property on my own.
An outside PM service said that it is against the law for the HOA to limit property owners to one choice, it's called "Steering". The HOA won't return my phone calls...I know value is down but I'm not planning on selling and the rent price in the area is fine as long as I have a renter. ... more
0 votes 6 answers Share Flag
Wayne C Melt…, Real Estate Pro in Athens, GA
Thu Jun 25, 2009
Wayne C Melton answered:
I, too, am hired to help agents not familiar with the even the pre-foreclosure sale. It is a real benefit to other professionals and their clients to utilize the services of niche marketers who have the experience to get the job done. I am available on both a referal fee and an hourly retainer fee for consultations. Great idea! ... more
0 votes 5 answers Share Flag
Tom Ashworth, Real Estate Pro in Burnet, TX
Sun Mar 29, 2009
Tom Ashworth answered:
Same problem here. I paid and not even 1 lead. I dropped them.
0 votes 2 answers Share Flag
Sean Taylor,  in Boise, ID
Fri Jul 25, 2008
Sean Taylor answered:
I am a CA transplant myself. Where are they coming from? I was a school teacher/principal in San Diego and later in the greater Los Angeles Area. I have lived, invested and sold real estate in Boise now for 3+ years as a full time realtor. Would love to help educate or assist in the relo anyway possible. 208-340-0000!, Ada County-Top Producer, Boise Chamber of Commerce Member. ... more
0 votes 4 answers Share Flag
Jenny  Field,  in Teton Valley Idaho
Wed May 14, 2008
Jenny Field answered:
Hi David,
My name is Jenny Field and I am resort community specialist with All Season Resort Realty. I currently specialize at Teton Springs and Huntsman Springs. Although a lot of the communities you are comparing have some similarities, they are all quite unique. Each has it's own feel, quality, location, and offered amenities. Each potential buyer has a different idea of what makes one compare to the other. From the responses below, I think you have a good overview of each community. If you have any specific questions or would just like to discuss the communities in further detail, I'd be happy to help. Good luck. ... more
0 votes 4 answers Share Flag
David Bailey,  in Mountain, WV
Fri Apr 4, 2008
David Bailey asked:
lots starting in the 140's. The also have a $1,000,000 clubhouse with 2 pools and a hot tub.
0 votes 0 Answers Share Flag
David Bailey,  in Mountain, WV
Fri Apr 4, 2008
David Bailey asked:
Targhee Hill Estates with Homesites starting from the low $140,000s. Residents are surrounded by more than 145 acres of open space, private lakes, ponds, community landscaping, and wonderful…
0 votes 0 Answers Share Flag
Chuck & Chri…,  in 83814
Sat Mar 15, 2008
Chuck & Christina Ethridge answered:
Brian and Victoria

You'll find more success on Trulia if you 1) Add your listings on here and 2) Answer questions by consumers. Good Luck!
0 votes 2 answers Share Flag
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