Saw a home for sale in Ames that is owned by a former top ISU executive. Guess who is listing it?
Gene Johnson, realtor to the coaches!
I really don't understand how one Realtor can dominate such a large high end market.
Saw a home for sale in Ames that is owned by a former top ISU executive. Guess who is listing it?
Gene Johnson, realtor to the coaches!
Do you want an agent that mostly sells $150k homes trying to sell your $500k + home?I really don't understand how one Realtor can dominate such a large high end market.
Come on, there is a huge difference in selling a 100k house compared to an executive home. Those are different enviroments with different obstacles to get them to the closing table.There isn't much difference. People are just creatures of habit. What kind of connections do you need to sell an expensive home? You just need some people with money. It's not like they are somehow creating a market that didn't exist. I mean the high-end Ames market is going to be pretty limited. So if a high-end buyer is moving to town then there isn't much to choose from.
That's called selling the house as is. Expect a lot of lowball offers and suspicious buyers.I'm looking to sell my house pretty soon but I have excellent knowledge of the local market and want to experience the process from a sales point of view. One thing the buyers of my house are not getting is a bunch of crap they want fixed. That will be upfront in my documents. I'll tell what it is and isn't and they can take it or leave it. The house isn't for everyone.
I consider it more of a public service. Letting the public know vital information.
To be honest, I wanted to bash him, but didn’t want to get sued....More suprising?
Mainly Civil Conversation or no Mark Charter appearance or bashing?
I'm guessing after the pod ended he's not supposed to talk real estate.
If you can have that work out that is great. It is hard to find the right person though due to the fact that if you sell on contract and they don't come through then its a mess. Also a lot of people that want to buy on contract don't have the right amount of cash down to do so for it to make sense for the owner. I tried that and the current tenants in my rental could only do $5000 toward the contract. I'll be putting it on the market soon though as they have turned into great tenants!I recently sold my Des Moines house on contract with no agent. I works out great, the buyer is paying me $XX per month which is more than my current monthly payment so we just apply the entire payment from him to our loan. Loan will be paid off in 9 years and the contract is 15 years, so the $XX per month for 6 years is cash in my pocket.
You can get this done if you have someone that is willing to do 5% but most times the company they work for requires their portion and then for the realtor to make what they would expect then you wont see them under 5%.For those of you that have sold recently & used an agent, any luck with negotiating off the 6% mark?
Depends on what you have access to and if you can install it yourself for sure. The cost of all new flooring even with LVP is pretty extensiveAll new flooring? Do you think you got a return on that money?
That's called selling the house as is. Expect a lot of lowball offers and suspicious buyers.
If you can have that work out that is great. It is hard to find the right person though due to the fact that if you sell on contract and they don't come through then its a mess. Also a lot of people that want to buy on contract don't have the right amount of cash down to do so for it to make sense for the owner. I tried that and the current tenants in my rental could only do $5000 toward the contract. I'll be putting it on the market soon though as they have turned into great tenants!
Nice, hopefully that doesn't happen. From what I was told was that even at 30 days to vacate under contract that they as the contracted buyer can stretch it out up to a year even if they really fight it. Meaning that 2 payments missed plus the 30 days and then the legal process involved to actually remove them plus risk of any minor damages would make it harder. I didn't look into it too far only because my real estate attorney told me that and I pretty much eliminated the idea.I didn't ask for anything down.
If two consecutive payments are missed the contract is null/void, they have 30 days to vacate and I can look for a new buyer.
They also assist with setting up transfer documents, deeds, inspections, etc. all of that stuff. It was worth every penny to use an agent when I bought and when I sold. Plus, they only get paid if a sell is made. Just my onion.
Nice, hopefully that doesn't happen. From what I was told was that even at 30 days to vacate under contract that they as the contracted buyer can stretch it out up to a year even if they really fight it. Meaning that 2 payments missed plus the 30 days and then the legal process involved to actually remove them plus risk of any minor damages would make it harder. I didn't look into it too far only because my real estate attorney told me that and I pretty much eliminated the idea.
Good, sounds like you are in a much better situation then. Mine was a pretty big risk so I decided against it. Good luck to you!I'm not really worried about it.