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Broad Brook : Real Estate Advice

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  • Home Buying0
  • Home Selling1
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Activity 2
Thu Jun 25, 2009
Amanda Albert answered:
As long as the house is priced right, it will definately sell. If you overprice, it will sit forever. You need the help of a professional Realtor who knows the area and can advise you on an acceptable listing price.

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Fri Jun 12, 2009
Minna Reid answered:
Its really going to depend on the agent. I do some rent to own and the biggest problem I've run into is that other agents rarely understand lease purchase/lease option deals and are therefore resistant. However if you can explain how it is beneficial to all parties you'll have some luck specifically with properties with high DOM's and those that are priced a little too high so they are not moving. Commissions will generally run from 1-2 months rent up front with remainder of commision at closing, or perhaps a few % up front with remainder at closing. Ideally of all commissions get paid up front you'll get less resistance from agents/sellers. But as in all real estate deals....everything is negotiable.
However if you're thinking about a sandwich L/O, with an agent involved - good luck. Count on TONS of resistance.
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