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Agent2Agent in Mobile County : Real Estate Advice

  • All9
  • Local Info0
  • Home Buying6
  • Home Selling1
  • Market Conditions1

Activity 14
Fri Apr 29, 2016
Haneyrealty1 asked:
Fri Oct 24, 2014
Annette Lawrence answered:
If the chandelier is 'low hung' meaning the opportunity for a real connect with the noggin of a citizen, there MUST be a big table beneath it.

No table? Have prospective buyer wear the yellow hard hat AND sign a waiver. I did this on a foreclosure and the results were unexpected.

If a house is of such quality to be chandelier worthy, it WILL be staged.

Just left such a house yesterday. Those chandeliers were MAGNIFICENT!

I have greater concern with the 8 ft ceiling and the paddle fan.
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0 votes 7 answers Share Flag
Wed Sep 24, 2014
Jeff and Kaye Piggot answered:
We had a website with them for several years and it worked well as a place to send our existing clients for information. You have the ability to somewhat customize it for your needs. We did not depend on it for a lead generation source, which was good because it didn't produce leads. I know they have different plans for different amounts per month and maybe we weren't spending enough to get the leads. ... more
1 vote 4 answers Share Flag
Thu Aug 15, 2013
Robert DiAlberto answered:
Great discussions in this link. Thanks to all who participated.
0 votes 20 answers Share Flag
Sun Aug 11, 2013
John Arendsen answered:
Thanks Becky, I'm somewhat aware of that as well as it certainly isn't going to hurt having Market Leader and Active Rain in the parade. I've been very happy with my relationship with Active Rain for many years and look forward to some of the positive changes I think they will bring to Trulia's table. ... more
0 votes 6 answers Share Flag
Fri Jul 13, 2012
Carla Muss-Jacobs, Principal Broker/Owner ~ Exclusive Buyers Agent ~ ABR, CEBA answered:
Most of my clients aren't leaving but are relocating to Portland Metro.
0 votes 7 answers Share Flag
Tue Feb 22, 2011
Bridgette Kostek, REALTOR, Coldwell Banker M. M. Parrish answered:
I wasn't going to respond because everyone else already gave you such great answers, but I had to tell Paul publicly that he made my evening!

Thanks for the LOL! I gave you a big TU (along with the rest), even though you slaughter me in the "thumbs" ratings ratio according to Jim Walker! Kudos for clever! ... more
0 votes 8 answers Share Flag
Wed Sep 22, 2010
Kent & Emmary Simpson answered:
I don't list REO properties, but have represented many buyers of them in the Tucson, Arizona area. The other answers make a great point when pointing out the need to use local escrow really does make a difference!

Another good point is to treat the buyers with respect - don't send the REO contract back with an inspection period of 5 or 7 days when there is a 3-day weekend coming up. Be timely with responses too.

Please make sure that your REO contract conforms to the laws of the state that your property is listed in. I've had to send back changes more than once to correct "boilerplate" language that has terms illegal in my state. There are 50 states with 50 sets of laws - it shouldn't be too hard to have the corporate lawyers put together legal documents for the appropriate jurisdictions. We aren't attorneys, and one size does not fit all!

To benefit the listing agent, I would ask asset managers to be more prompt in reimbursing their agents for utility bills, basic property maintenance (weed control, not letting pools become mosquito breeders, HOA fees, etc). Expecting their listing agents to shell out for all of this & then delaying repayment for months is bad news. Why not set up an account that automatically pays the bills & keep the listing agents out of the accounting business...and from having to act as a defacto "lender to the lender?"

Regarding choosing listing agents, PLEASE, Mr. or Ms. Asset Manager, please have them put pictures of the listing in the MLS...and check to see that they actually show what the property is like. One photo of the street view, one photo of the backyard & another of the toilet just doesn't cut it.

Also - you might want to check to see if your listing agent answers the phone once in a while. When buyer's agents are looking for information or trying to get the code to get into the contractor's lockbox that most REOs have instead of real ones...2 days later doesn't cut it. Especially when there's an attitude that comes with the call.
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0 votes 5 answers Share Flag
Mon Mar 22, 2010
Joan Congilose answered:
Wow,That Is One Scary Article, Feel Sorry For That Poor Agents' Flub. You Can't Blame The Builder Though . However,You Gave Us All Something To Think About Lets Hope It Doesn't Occur To Any One Again.. ... more
0 votes 7 answers Share Flag
Sun Mar 21, 2010
Betina Foreman answered:
You know the right answer. To quote an old Beatles song Karma is gonna get cha. Just do the right thing and be as commited to this agent as she is to you. How would you feel if your roles were reversed?? ... more
0 votes 13 answers Share Flag
Tue Nov 17, 2009
Bart Foster answered:
Hello Bill,
In reading your post here, the first thing that I noted of significant value is where you state "Mom and Dad have said for years that they would like to buy a modest, low-maintenance home somewhere near my client’s home and keep the country home."

I read into this that they are are the road to downsizing but secondly feel that there is value or opportunity in keeping their large country estate. The down sizing part is easy to get started with. With out being too pushy why not suggest a casual weekend of checking out the options. This will allow the elder parent to work there way into it. As for selling or perhaps keeping, they will have to come to terms that this will now be an investment property. Will they eventually sell or pass this on. My best advise is for the family to discuss their options with a qualified family financial adviser. This may have the added benefit that this professional will hopefully be seen as an unrelated 3rd party who is unattached from the outcome.

And lastly, sew the seeds help them to come up with ideas and options on their own. If you push they will likely dig in. Best of luck.
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0 votes 2 answers Share Flag
Tue Jan 6, 2009
Bill answered:
In New Jersey according to the banking commission, you are acting as a debt collector when you do loan mods. Therefore, you need a license. They are coming down hard on offenders.
0 votes 2 answers Share Flag
Fri Sep 12, 2008
Denise March answered:
Well I feel like the weatherman; but here is my prognostication. It will be better because there will be regulation that hopefully will reduce fraud and the sunshine rule will apply - the process will be an open book.
However, as a taxpayer, I am certain our taxes will increase as we move to stabilize the two entities for a time until they are able to self correct with market influences.
Overall, it will be better in the long run because obviously there needs to be some control.
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1 vote 5 answers Share Flag
Fri May 2, 2008
Liz Hoffman asked:
My investor saw a very large complex from the air that appeared to be apartments or condos. Does anyone have knowlegge of this project? Thanks.
0 votes 0 Answers Share Flag
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