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James Tiernan's Advice

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  • 9 Contributions
  • 0 Best Answers
  • 1 Helpful

James Tiernan wrote:

Does my landlord need to be registered (Wonderlake, IL), if so is there any way for me to find ou

Answer
Sounds like you need a new place to live. Would you like some help?
February 05 2012
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who do I call about renting a house on zillow?

Answer
Not everything in Zillow is through a real estate agent. Many are through home owners or property managers.  There should be contact information available if the property is available.  If you need help, feel free to contact a local realtor.  You can always find a good one at [website deleted by Zillow moderator. Please see our Good Neighbor Policy]If you need more assistance, I would be honored to help you.Best of luck in your search.
February 05 2012
(0)

What value does a buyers agent add in this internet age?

Answer
VMgirl, Your situation is certainly understandable.  It is also very unique, except for the fact that everyone wants a killer deal.   If I may, I'll just cut to the chase for you.  The $30K in savings would probably not be your savings in any way, and here is why.  The seller most likely signed an exclusive right to sell contract with a listing agent.  This means that the agent who listed the property has negotiated with the seller, so that they will list, market and sell the property on behalf of the owner.  If you walk in off the street with a sack full of cash and offer the owner full asking price, then the listing agent still gets that commission.  The commission negotiated with the seller in the contract is paid to the listing agent, and the listing agent agrees to pay some portion, often half, to a buyers agent.  If there is no buyers agent, then that unclaimed portion remains with the listing agent, unless otherwise negotiated with the seller.    So you see you never get that $30K in savings.  The price is not reduced and there is not a method for you to get a rebate because you don't have a buyers agent.  The only way you can get that $30K in savings, is your ability to negotiate through the agents with the owner.  Otherwise, you could try finding a home that is For Sale By Owner.  The challenge there is that homes in that market are rare, because not all home owners have the time, energy or willingness to sell their own homes.  I would very much like the opportunity to continue this discussion with you sometime.  You are certainly not an average customer and I would like to share with you my personal experiences in real estate that lead me to become a realtor. Best of luck in your current endeavor.  James
December 18 2011
(1)

What value does a buyers agent add in this internet age?

Answer
Dear VMgirl,   The reason a listing agent prefers that you have an agent is probably because that agent will make sure you are a qualified buyer.  Meaning that you either have the cash to pay for the property outright, or that you have been pre-qualified by a lender for a specific loan amount.    The listing agent is required to present all legitimate offers to the seller, so having that buyers agent is a great way to make sure your offer is legitimate.  Some agents and clients do not like dual agency, so making sure there is a buyers agent prevents that from being necessary.      If you would like assistance finding an agent in your area, I would be happy to help you find someone you can trust.  Remember that not all agents are created equal.  Best of luck to you in your search for a new home.  Would love to hear your story when you find the right place for you and your family. 
December 18 2011
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the home sold, How do I take off of Zillow?

Answer
Congratulations on selling your home!Below are the steps to release home ownership:1. From the home details page, click the Edit then Release ownership claim. Follow the instructions provided. 2. Go back to your My Zillow and Favorite homes then click on "Remove favorite".
September 10 2011
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I WOULD LIKE TO KNOW HOW MUCH WOULD THE HOUSES COST.

Answer
Thanks bud! You're the best!
September 09 2011
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I WOULD LIKE TO KNOW HOW MUCH WOULD THE HOUSES COST.

Answer
The homes listed here have a price included if they are for sale.  Contact me if you you would like more information about homes in your area. I am familiar with Waukegan and Lake County.
September 09 2011
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school district?

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Yes, that is correct. Hainesville Road is the dividing line between Grayslake and Round Lake school and park districts. JT
September 09 2011
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Grayslake to O'Hare Airport via Metra's NCS line during the week

Response
I couldn't agree more. Also a great way to get down to Wrigley for a Cubs Game!! J Tiernan
September 09 2011
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