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Home Buying in San Jose : Real Estate Advice

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  • Home Buying882
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Activity 1,373
Fri Sep 2, 2016
Real Estate SOURCE, INC. answered:
Jovan,

I am going to express how I feel about this and I do apologize if it seem like I am so angry.

Every agents I know are haters, especially those in here. I am going to be straight to the point and all the agents can keep hating if they want too. I will continue to share my commission to my buyer and offer only 1% to list all property for sale.

I am an experience California agent who has been in the business for over 10 years now Enough knowledge for me to stay in the business.

Everytime I have an idea to help my clients save money, I get haters all the time who think I am taking their business away from them. All the threats call and emails. Every hating agents can kiss my f ash!!
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0 votes 40 answers Share Flag
Tue Aug 30, 2016
Susie Kay answered:
Usually it's the seller but sometimes buyers pay. If you are concerned about the fee you should ask your realtor who pays her/his fee.
0 votes 2 answers Share Flag
Fri Aug 19, 2016
Rich Reed answered:
Yes, probably. You can read all about it here: http://realtytimes.com/agentnews/agentadvice1/item/42342-20160216-disclosure-of-agents-interest
0 votes 1 answer Share Flag
Thu Aug 11, 2016
Sally Grenier answered:
Ask your lender what options there are in your area. Some states have down payment assistance programs -- usually in the form of a 2nd loan or even a grant. Some people get gift money from family. Or, better yet... just start saving! You'll need at least 3.5% for an FHA loan. Plus you need $ for closing costs, inspection, appraisal, etc. Also, what happens after you buy a house and the furnace dies or you get a roof leak. It's good to have some $$ in savings to cover maintenance and repairs on the house.

Home ownership is a fantastic thing, but it costs money. And you have to be prepared to pay for things that renters don't.
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0 votes 1 answer Share Flag
Sat Jul 16, 2016
Arpad Racz answered:
Hi Azam,

The market may level in some areas after school starts, but the inventory will as well. Please let me know your criteria via email (from my profile), and I would be happy to help you with your home search.

All the best,

Arpad
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0 votes 1 answer Share Flag
Thu Jul 7, 2016
Scott Godzyk answered:
Initially no but eventually yes and can be accomplished through a name affadavit addendum. Check with your loan officer
0 votes 1 answer Share Flag
Thu Jun 30, 2016
Sam Shueh answered:
Today if someone claims he is. He is not honest.

The REO days are very much over. Occassionarily one or two will come up as people can get behind their payments as always.

Sam Shueh Realtor
Campbell
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0 votes 25 answers Share Flag
Fri May 27, 2016
Susie Kay answered:
I don't see why you can't get your own inspection. I used to live in the Bay Area and I hired my own inspector in the past. Your agent can give you advice but ultimately it is your decision.

I hope this helps!

Susie Kay
Realtor
Seniors Real Estate Specialist
Certified Home Stager

United Real Estate Dallas
469-371-2899
www.dfwdreamhomes.net
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0 votes 2 answers Share Flag
Mon May 23, 2016
Rina Shaikh-Lesko asked:
Hi all,

I'm am trying to get a handle on how home inspections are usually handled in our crazy Bay Area market. Seems like it's something a lot of sellers do before listing,…
0 votes 0 Answers Share Flag
Mon May 23, 2016
Alexander Greer answered:
I would be more than happy to refer you to one of my preferred agents that speaks Russian.

I do not check replies, so if you have a comment or question email me here:
AGreer@TheMortgageOutlet.com

Alex Greer
Loan Officer
408-352-5147
NMLS #1056079
http://www.TheMortgageOutlet.com
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0 votes 1 answer Share Flag
Tue May 17, 2016
Dale A. answered:
Marketing, public opinions or personal choice, it's up to you. A savy realtor, who asked where I was from, learned that I grew up near the ocean. Later she showed me a property of interest. I commented; it's near the highway, and the trafiic sound might bother me. She so calmy said "close your eyes." I did, wondering what would come next. With my eyes closed she said "sounds like the ocean doesn't it." We were 100 miles inland. A suggestion to consider. Drive to the potential neighborhood (or rural area) at night, park and roll your windows down. Provided it's safe of course. If you would be distracted by the highway noise in your own yard at night, what would you choose. To look for property elsewhere or pretend? ... more
0 votes 15 answers Share Flag
Mon May 16, 2016
Alexander Greer answered:
Do you currently have a real estate agent?

I do not check replies, so if you have a comment or question email me here:
AGreer@TheMortgageOutlet.com

Alex Greer
Loan Officer
408-352-5147
NMLS #1056079
http://www.TheMortgageOutlet.com
... more
0 votes 2 answers Share Flag
Sat May 14, 2016
answered:
No it is not legal to give "undisclosed" kick backs. While it is true the Asian and Middle Eastern culture is much more conducive to kick backs, I see them as a group moving away from that, as they are becoming more and more Americanized and because it is illegal.
By the way, I believe that once these kick backs are disclosed, they do become legal. It is about making sure you know why one professional was recommended.
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0 votes 2 answers 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 14 answers Share Flag
Mon May 9, 2016
Andrei Apostu answered:
Definitely YES. The first thing you have to understand is that the agents at the sales office WORK FOR THE BUILDER. Nothing wrong with that, it's a job I would proudly accept if it would be offered to me. But don't think for a second you will be my client. If I'll have the chance to place your beautiful upgraded home you spent your life savings on in the worst lot of the community, I will. Why? Not because I'd be a bad person, but because I'd be working FOR THE SELLER and I have to sell all the product.
Which includes everything in the community. It's actually a pretty simple fact and concept. Builders and their agents have to sell ALL PROPERTIES and ALL LAND LOTS.

The importance of a lot is huge, sometimes more than choosing a floor plan. Proximity to the main or service road, the lack of privacy on a corner lot, irregular shape resulting in a small yard, undesirable view (by real estate standards), undesirable exposure (N, NE, NW), the community's location, school district the community is in, how desirable the community is (i.e. a sales agent will never tell you "our sales are very low due to low quality and slow turnaround period), how far the clubhouse is, what upgrades to spend your money on, financing, etc...and many other similar factors, can devalue your property GREATLY.

Lately, the new construction market in Naples FL has been incredibly hot and there is not much wiggling in the price, if any. Sales centers just want SALES, it really doesn't matter if the buyer has an agent or not. Just as if I have a listing, I'd prefer selling it NOW to a buyer with an agent than wait for a year to sell it by myself. Another thing you need to know is that the builder's agents don't make as much as a buyer's agent, because they work in volume. Most times the difference you're making in their pay is of 0.5%.

I have never sold a property to any of my buyers (8 years in the business) that I wasn't comfortable with. Even if it meant not getting a sale, changing communities, waiting for a second trip and delaying a sale by a year. But that's how you become successful and build a clientele. Don't get me wrong, you want to sell a property, this is not a hobby and bills will keep coming. But you want to sell QUALITY REAL ESTATE. This way you can sleep at night and you can have a decent listing when your clients come back to you in 5 years.

Unless you are an expert in the field and know the area really well, ALWAYS consider having your own agent. Just make sure it's a good one, not a "yes" man. Ask to point out negatives of the properties and compare them. I thought I was a good agent until I build my own website, www.NaplesFinder.com. Writing all the Naples FL communities descriptions and walking the streets to take all the pictures in those communities for almost 2 years really gave me a new perspective and knowledge that I couldn't have had before. It was like kindergarten vs college. Good luck!

Andrei Apostu
2015 Downing Frye Platinum Award Winning Realtor
(239) 455-5554
andrei@naplesfinder.com
www.NaplesFinder.com
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0 votes 21 answers Share Flag
Mon Apr 25, 2016
Derek Jones answered:
I'm not sure what the previous agent is talking about with it not being legal or proper but yes you can represent yourself and buy a home without an agent. People unknowingly do it all the time when they buy new construction without their own agent as the agent that is there is representing the seller/builder. ... more
0 votes 4 answers Share Flag
Sun Apr 24, 2016
Susie Kay answered:
If you don't have the enough money then I would suggest that you save up first. Have you talked to a lender yet?
0 votes 5 answers Share Flag
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