The Cure For All Your Real Estate N (34 years experience)

Specialties:
Buyer's Agent,
Listing Agent,
Foreclosure,
Short-Sale

Advice

  • (86 Contributions,
  • 1 Best Answers,
  • 8 Helpful)

Contributions are sorted newest to oldest.

Thoughts on mortgage rates

Answer

The answer to your question is a bit of a catch 22. Most mortgage rate lock in periods last from 30-90 days. After the lock in period is over you may have to pay another fee to lock your rate in. What I would do is start looking for a mortgage now. Ask about their rate lock in protocol then make your decision. Also keep in mind you may only have a certain amount of time to secure a mortgage as per your contract of sale. In a perfect world you get a mortgage now let the rate float then lock it in 60 - days before you close. What type of loan you apply for is up to you. You need to know the questions to ask before you sign anything but this should be a good start.Best of luck

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How much detail do sellers have to disclose?

Answer

I agree you need to contact an attorney there may be cause for a law suit but that is not my field of expertise. Also if you had the home inspected you may want to include the inspector in your convesation with the attorney.

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Selling FSBO. What else can I do to bring buyers?

Answer

Your pictures are good they are not great. A wide angle lens would help.24-18 mmThe snowy front dates the picture and you may want to try a fall or spring picture.Also highlight the area, school, recreation, transportation or anything that makes it special.Hire someone to stage it properly make sure they are a certified stager and get references of previous workand #1 make sure it's priced right buyers buy value if they don't see it they won't buy it.All the other suggestions social media and the like will only work if the product you're introducing has a wow factor. Great pictures and competitive pricing is the way to go and staging will be an enormous help.Good luck

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Is it normal to offer more than the listing price on a house when making an offer?

Answer

All agents have their own style that may work with some people, but not with others. The most important component of any relationship is trust. If trust is lacking everything comes under question and few issues get resolved. Answering your question, yes in certain markets paying above asking price does happen. If your agent represents you he/she should be able to show why properties have a certain value. Your agent should give you a comprehensive market analysis demonstrating current property values and market trends.That is their job. If you are not represented maybe you should be.It's best to work with someone you trust and our comfortable with maybe you should speak to the agent to make sure you are both on the same page.best of luck

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Is the public opinion really that bad of real estate agents?

Response

If you bring them no value why should they want to know you. Understand your audience your not looking for a sale your looking to meet people and increase their top of mind awareness of you. If it were easy everyone would do it and very few do.

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How important is pricing it right the day a property is listed?

Response

Pricing is the most important component of any selling strategy. Buyers today understand value and with the exception of very few markets, buyers will not exceed what they feel the home is worth based on multiple data sources that are available to them.if you are looking to sell your home in a reasonable amount of time Pricing the home correctly according to its appraised value based on similar homes sold in the area within a given timeframe is the best way to price your home.

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If I am a home seller, is it worth staging my house for sale?

Response

The last time I checked real estate agents are independent contractors so we have the right to price anything the way we choose as long as it is fully disclosed to all parties concerned. There shouldn't be any problem. Staging  can be either a sellers expense, or an agent expense. The expense can also be shared by both  Fact is that homes that are staged sell for more money.After all isn't that what we supposed to do for our client, get them the most money.

  (0)
Is the Square feet of the properties just the ground floor?

Answer

There is raw space which is all the space in the home and there is GLA ( gross living area which is the space that can be inhabbited year round. patios terraces enclosed seasonal porches attics basement garages sheds can only be added if they were properly converted and adhere to all necessary building codes and guidelines.So depending upon the style of the home the calculated squar footage is a combination of all the living area as defined by the properties C/O certificate of occupancy. This varies from town to town and state to state so your best best is contact the local building department to find out the exact way they calculate square footage.

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I plan to list a home for sale, do I have to agree to pay the desk fee to list the home? thanks

Answer

Agents are independent contractors we have the right to charge whatever we feel is reasonable for our services there is no set rate that agents charge period. That being said the agent should present you a complete list of any and all charges fees and expenses prior to the transaction. This way they are under complete disclosure and have transparency.If they told you after the fact then it's an add on fee and you are dealing with someone who's ethics are questionable at best. If you feel you are being treated unfairly speak to the agents Manager, or Broker, or both. If that brings no satisfaction speak to the licensing governing body of your state they may be able to resolve this issue. In short any fee's you are responsible for should be in writing prior to the sale.

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