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Short Selling Your Home All Locations : Nationwide Real Estate Advice

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Showing results for Short Selling Your Home [Clear search]
Mon Apr 29, 2013
Alan May answered:
Personally, Martha... I wouldn't hire anyone who "badmouthed" the competition. But that's just me.

Selling real estate is not rocket science... but it's also not something that's formulaic. Meaning there's just no tabulation, or logarithm that we can use to build a price. So it often comes down to the agent's familiarity with the area, their experience (how long have they been doing this, how many homes of your type in your area have they listed), etc...

So it's not uncommon for agents to come up with different valuations... and since commissions are negotiable, each agent/agency decides what they charge, to make sure that the fee covers the expenses for all of the services that they offer.

So you need to do your homework... find out the history, experience, of each of those agents... how many homes did they sell last year, last three years.... what was their list/sell ratio on those homes... what percentage of their business is listings vs. buyers... are they prominent in your area in the type of home you have to offer.... are they a full-time, or part-time agent.

Ask them to explain exactly what services they offer for their fee, and ask them to explain why they charge what they charge. If one agent is charging less, make sure that they're not just deducting that portion from the buyer's agency commission that they're offering on the MLS.

Good luck.
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0 votes 11 answers Share Flag
Thu Apr 4, 2013
Pacita Dimacali answered:
The power of the internet has helped broaden the marketing area, from being local to being global.

At Alain Pinel Realtors, we say that we market to the world.

Being established is one thing (but of course, it helps to use someone who knows what she is doing!)

But the marketing technique, marketing plan, marketing reach are paramount.

Marketing goes beyond just putting the property on the MLS. Attention to details is critically important. Professional photos. Property specific website. Online marketing (not just MLS, but also on other sites like Trulia, etc). Staging. Etc.

And if you're looking for ideas on how to prepare your property so that you can get more C (cash), consider doing the C's (cleanliness, un-clutter, color, curb appeal, etc).
http://activerain.com/blogsview/3121946/preparing-a-house-for-sale-do-the-c-s-to-get-the-most-c-cash-

Let me know how I may help
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0 votes 6 answers Share Flag
Wed Apr 17, 2013
Pacita Dimacali answered:
Funny....you don't want to use a realtor to help you sell your own place.... but you're asking us for tips...

We ask sellers not to be present during showings for the very reason you state: you take it personally, and may not respond in a manner to help you sell the house.

But if you are intent on selling your place yourself, here's how to the get the most C (cash) by doing the C's --- color, cleanliness, curb appeal, de-clutter, condition (repairs)
http://activerain.com/blogsview/3121946/preparing-a-house-for-sale-do-the-c-s-to-get-the-most-c-cash-

Good luck....
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0 votes 9 answers Share Flag
Tue Jan 13, 2015
Pacita Dimacali answered:
I'm sure you will hear from several folks on the whys.

You may find it interesting that the founder of ForSaleByOwner.com gave up on trying to sell his own place, and used a realtor to do it.

See http://agbeat.com/housing-news/forsalebyowner-com-founder-gives-up-on-own-listing-hires-real-estate-broker/

The articles states: AGBeat columnist Herman Chan said, “If people want to take a stab at For Sale By Owner (ie FSBO), go for it. But well over 80% of FSBO’s eventually have to list with an real estate agent to get their house sold. It’s harder than it looks!”

It goes beyond the hows...there are mandated disclosures that a seller should provide to the buyer. How much do you know is required, and are you insured against any errors/omissions?
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0 votes 17 answers Share Flag
Wed Nov 27, 2013
Laura Coffey answered:
http://www.trulia.com/blog/laura_coffey_abr_qsc/2011/03/10_questions_to_when_interviewing_a_potential_real_estate_agent

Read my BLOG for tips on that and many more things when buying a home. ... more
0 votes 12 answers Share Flag
Sat Apr 6, 2013
Tyler Willis answered:
Feel free to contact me anytime. I'd be more than happy to assist you.

Tyler Willis, REALTOR®
Keller Williams Realty Intown Atlanta
621 North Ave NE, Suite C-50
Atlanta, GA 30308
Office: (404)541-3500
Direct: (678)656-5524
tylerwillisintown.kwrealty.com
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0 votes 9 answers Share Flag
Sat Apr 6, 2013
Tom Bailey answered:
There is nothing you can do about your house being located on a busy street, so concentrate on things you can control. Try to give your home as much curb appeal as you can, so you might want to consider hiring a landscaper. If your home shows well and is priced right, yoiu will attract some buyers. ... more
0 votes 8 answers Share Flag
Sat Apr 6, 2013
Bill J Deligiannis answered:
You can refinance to a lower rate or sell your home in order to allow you to purchase a new one.

Every deal is different - feel free to contact a lender so you can get accurate info pertinent to your specific needs.

Contact me should you need any help.
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0 votes 10 answers Share Flag
Tue Apr 9, 2013
James Bellile answered:
It depends on who you are, what you own, and, of course, the ever so important, where you own. Do you know the local laws? Do you know what an SRPD is? Did you know that having a real estate agent representative historically has averaged about an 18% greater return on the property sale than an FSBO? That's far less than they charge and avoids a lot of hassle.



Sincerely,



James R. Bellile BS, RRG, SRS, ABR
Broker/Salesperson
iProperties International
LasVegasRealEstateConnection.com
702-222-0815
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0 votes 14 answers Share Flag
Wed Apr 3, 2013
svw2727 asked:
"Credit Crisis".) We paid her $3,000 for her services so far.
We had a sale date of 3/28 & got "junk mail" stating it sold @ that day @ 10 am. It "reverted ...
0 votes 2 answers Share Flag
Sun Dec 22, 2013
Abby Nelson answered:
The internet is not always correct in reporting the foreclosures. I live in the Ballantyne area and at the moment I am not seeing a lot of foreclosures. If you are referring to commute time to uptown Charlotte, you are looking at about 20-30 minutes in traffice. Give me a call or email me. Would love to tell you more about the area.

Abby Nelson
704-890-1860
abbynelson@bellsouth.net
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0 votes 7 answers Share Flag
Mon Apr 15, 2013
Elizabeth Morgan answered:
Not necessarily. Depends on where you arr looking to purchase. There are advantages to buying an existing home such as mature landscaping or an existing pool. I have seen older homes that are better than new'! ... more
0 votes 11 answers Share Flag
Sat Mar 15, 2014
Jane Peters answered:
There is not enough information to answer this question intelligently. The only time a seller or their agent is exempt from the TDS is if it is an REO or a probate, but even then I believe it has to actually be provided with the exemption status on it. If it is a regular sale the seller is obliged to provide a TDS with the listing agent's signature on it and the buyer and buyer's agent also sign. This is supposed to be provided before the inspection so the inspector can check out any information of concern on it. But again, there is not enough information here. ... more
0 votes 15 answers Share Flag
Thu Jul 25, 2013
Kevin Sanderlin answered:
First step.... Talk to a lender!
Can't buy a home if you don't have the money.
You will probably get several references today from your question.
My preferred lender is Jon Shrum and can be reached on his cell at 714-614-3707
He can help you get pre qualified for a loan and get you on your way to buying a home.

Kevin Sanderlin
Keller Williams Realty
Cell 714-588-7881
kevinsanderlin@gmail.com
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0 votes 22 answers Share Flag
Thu Jul 25, 2013
Daniel Di Matteo answered:
I'd be more than happy to help.

Daniel Di Matteo
619-512-0006
Daniel@DiMatteoGroup.com
0 votes 35 answers Share Flag
Thu May 2, 2013
Lance King answered:
This is called staging, and it absolutely does make sense. Buyers often have little imagination, and properties that are staged will sell for more than a similar property that is empty.
0 votes 12 answers Share Flag
Wed Apr 3, 2013
Kylee Roe answered:
Jill,
This sounds like a tax question, and you should consult a tax adviser. No Realtor is qualified to give you tax advice.
Kylee
0 votes 6 answers Share Flag
Thu Apr 4, 2013
Daniel Barto answered:
The transaction is normally done through the title company and real estate agents. Usually no attorney's, although you can retain one if you prefer.

Regards,

Danny Barto
Galleon Real Estate ... more
0 votes 7 answers Share Flag
Thu Apr 4, 2013
Suzanne MacDowell answered:
Not really. Banks will not talk to individual buyers. The best thing you can do for yourself is to work with a licensed real estate agent or broker who is intimately familiar with the process. ... more
0 votes 7 answers Share Flag
Wed Apr 3, 2013
carlos parrague answered:
Definition of 'Tenants In Common - TIC' The co-owners of an undivided interest in real property. Tenants in common each own a separate and undivided interest in the same real property and each has an equal right to the possession and use of the property. Upon the death of one tenant, his or her undivided interest passes to heirs through a probate proceeding; the interest does not pass to another tenant in common unless the surviving co-owner is an heir or a purchaser.
This is only a way of holding Title.
Are you trying to sell only one portion?
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0 votes 3 answers Share Flag
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