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Home Selling in Oklahoma City : Real Estate Advice

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  • Local Info34
  • Home Buying151
  • Home Selling39
  • Market Conditions11

Activity 60
Thu Feb 9, 2017
Rebeccaavey asked:
I posted a For Sale By Owner listing on Zillow, which then automatically showed up on your site. The listing is now pending, which I put in on Zillow, but the property is still showing up…
0 votes 0 Answers Share Flag
Mon Jan 23, 2017
Nikki asked:
Tue Jan 17, 2017
Melissa Coday answered:
Wed Sep 14, 2016
leal0115 answered:
Looking for an evaluation before I have pier work done to my house.
0 votes 16 answers Share Flag
Mon Aug 8, 2016
Diane Christner answered:
Selecting a list price based on what you need vs actual market value doesn't work, as you are finding out.

You are comparing your home to NEW construction in the same development, and your home is a resale (i.e. used) home.

Try professionally staging your home so it competes with the model homes. Touch up any minor imperfections to give the impression of "newness."

Has your builder home warranty expired? Perhaps offer an alternative warranty from one of the various home warranty companies.

Competing with new construction will be difficult, but it can be done.
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0 votes 3 answers Share Flag
Fri Jul 15, 2016
Rose Wilkinson answered:
Here are the two types of contractors that are most common:

Number One:

"I will be glad to do your job for peanuts and a six pack of beer, but I don't have a pick up truck or tools, so I need you to pick up the materials and have them delivered to the house, buy my tools and give me a small advance so I have gas money to drive back and forth to the property."

Number Two:

"How did you hear about us? Oh! I'm glad you found my $10,000 dollar yellow pages ad and fancy billboard off the highway!" And while they are full service, they pass the cost of advertising onto YOU.

The secret is to find a contractor that is right in the middle of these two. That is your sweet spot. Someone who has a pick up truck, their own tools and a credit line to buy the materials who doesn't spend an arm and a leg on advertising (which makes them harder to find)

Angies List is a good resource, but you can get away with checking out service postings on Craigslist. Just make sure the contractor has their own tools, pick up truck and lots of references. The especially talented and proud ones keep pictures of their work in a portfolio.

Hope this helps.

Rose Wilkinson
www.RozBuysHomes.com
405-881-5958
... more
0 votes 21 answers Share Flag
Fri Jul 15, 2016
Rose Wilkinson answered:
It depends on what your neighbors have that have similar square footage, bedrooms, bathrooms, year built, etc.

One of the worst things I see sellers do is upgrade beyond what the neighborhood calls for. Brand new windows as opposed to the old fashioned, pulley kind is a prime example. I fixed a house in Central Park (NW 30th and Shartel) that had the old fashioned, pulley kind windows and found that none of the houses that sold over there had updated windows, so I wasn't going to spend $8,000 dollars updating mine (There were over 34 windows in the house)

However, it is my understanding that Edgemere Heights is rather cheeky. I would go to Realtor.com and pull up interior pics of homes in your neighborhood and see what they have before you make a decision to upgrade.

Thanks,
Rose Wilkinson
www.RozBuysHomes.com
405-881-5958
... more
0 votes 12 answers Share Flag
Fri Jul 15, 2016
Rose Wilkinson answered:
Kitchen and bathrooms, always.

I buy houses in as-is condition.

Rose Wilkinson
www.RozBuysHomes.com
405-881-5958
0 votes 18 answers Share Flag
Fri Jul 15, 2016
Rose Wilkinson answered:
I buy houses in Oklahoma City and have over 10 years in the business.

Thanks,
Rose Wilkinson
www.RozBuysHomes.com
405-881-5958
0 votes 9 answers Share Flag
Fri Jul 15, 2016
Rose Wilkinson answered:
We buy houses and condos, especially in Edmond.

Thanks,
Rose Wilkinson
www.RozBuysHomes.com
405-881-5958
0 votes 18 answers Share Flag
Fri Jul 15, 2016
Rose Wilkinson answered:
Hi,

I am not a Realtor, but a real estate investor in Oklahoma City. This sort of thing happens all of the time. Technically, "yes" a buyer can walk away at any time until the final paperwork is signed at the title company. If the earnest money deposit was made to a real estate company or a title company, then the buyer has to sign an earnest money release stating that they are o.k. with not receiving their earnest money back. If they refuse to sign the release, it just sits in the real estate broker or title companies account until both seller and buyer sign the release. There have been many times where I have had to negotiate with the buyer to give them half of their money back so they would sign the release.

In some cases, you can sue the buyer if they back out of a contract with no contingencies. But generally, an earnest money deposit is considered liquidated damages incurred by the seller, should the buyer back out.

Hope this helps.

Rose Wilkinson
www.RozBuysHomes.com
405-881-5958
... more
0 votes 1 answer Share Flag
Fri Jul 15, 2016
Rose Wilkinson answered:
Hello,

Go to www.Postlets.com - it is owned by Zillow (Who now owns Trulia) and it will automatically post your house to both of these sites plus 3 other high traffic real estate websites. Hope this helps.

Rose Wilkinson
www.RozBuysHomes.com
405-881-5958
... more
0 votes 1 answer Share Flag
Fri May 13, 2016
Mark answered:
The best way to find out the going real estate commission rate is to put the Realtor fees on the open market and let the Agents bid your commission rate. Commission fees are negotiable and can vary by zip code. We find the best way to compare commission fees is to reverse-auction them. That is why we created ListingBidder.com; a free service for Sellers who can invite agents to submit their marketing plan and commission structure. It is a patent pending process that is saving Sellers thousands.

It is completely free to the Seller and there is no obligation for the Seller to pick the lowest bid or any bid. The whole time the Seller remains anonymous as we never publish your street address or contact information. Sellers can sit back and review marketing plans, commission bids, ratings and reviews. A big win for the Seller. After all, Agents are not charged to register or bid and they have no obligation to bid. Give it a try: https://www.ListingBidder.com
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0 votes 9 answers Share Flag
Tue Feb 2, 2016
Gary Horan asked:
It is my understanding that Trulia and Zillow are now one company. If it helps, here are the Zillow and Trulia links:

http://www.zillow.com/homedetails/8612-NW-114th-St-Oklahoma-Cit…
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Sat Oct 10, 2015
Josh Barnett answered:
Yes, fix the bathroom. Read the book Zillow talk and it discusses as is pricing verse updating and selling.
0 votes 2 answers Share Flag
Sat Oct 10, 2015
Josh Barnett answered:
Is the school listed in the correct, city, state, and zip code?
0 votes 2 answers Share Flag
Sun Sep 27, 2015
Robert W Neill Jr answered:
An agent does not normally provide full service brokerage for 1%. While it may appear to cost less, there are some services they may not provide.
0 votes 2 answers Share Flag
Mon Sep 21, 2015
Melissa Dana answered:
If trying to list the home as an unrepresented listing, Trulia will not allow that. I would recommend interviewing a few local agents to see what they have to offer. Everyone is different in their marketing plans and what they have to offer. If you would like another option or have questions please feel free to contact my team.

Good luck.
... more
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