I don't necessarily think you need a specialist, but rather a well rounded agent who understands the different kinds of buyers that might be interested in a fixer and can market that property to generate the best possible offers for you.I currently have a fixer that I just listed a few days ago, held a 2 day open house viewing only and generated 100-125 visitors and the offers are streaming in. My client is thrilled with my marketing plan and the results and we should be in escrow by the end of the week.Let me know if I can help.Tony WarfieldAssociate Broker3 Leaf Realty
Dan,Zillow Zestimate does not affect the value nor does it have an affect on whether your home is selling or not. It is all about presentation, proper pricing and marketing. I am sure you will find a buyer.Tony WarfieldAssociate Broker3 Leaf Realty
BAD IDEA, stay out until you OWN the keys the house. I have seen deals fall out 1-2 days before closing...you never know what crazy unexpected things can happen
Hi Erin,It is a credit towards your closing costs. It is much easier being a listing agent vs a buyers agent. Why would you want 50% of your agent's hard earned money?? Unless the agent is your brother-in-law who owes you money or a favor, that agent is going to represent your best interests in the purchase of your home start to finish. Do you want that person only doing half the work also? Don't do it.
I suggest you put your priority into getting your pre-approval quickly, it doesn't take weeks to get it done, unless you have other reasons for not doing it. Many agents will not spend much time if any with you if you have not taken the first step of home buying seriously enough to pre-approved so that you know what price you can afford. You should be asking for recommendations of a good lender first. Good luck.
Depending on your real estate market, if it is hot and sellers are getting numerous offers, consider holding the buyer to the loan contingency in the contract (if you have one) and give them a notice to perform and remove the contingency. Seasoning money, tells me they don't have a loan approval yet and who knows how long the bank is going to take to do that. Do you have any back-up offers? You are still 60 days away from 5/30, a new buyer, who already has their financing in place could probably close in 30-45 days and less if you have a cash offer.
Some other reasons are that when you compare multiple offers, cash vs FHA, this is a no brainer because of time to close can be much shorter, no loan process/appraisal process to go through. Even if the seller has conventional buyer vs FHA I see the FHA buyers going to the bottom of the pile, for some of the reasons listed below by others. Many FHA buyers don't even have the money for their own closing costs and those days are over, asking the sellers to pay. If a seller has multiple offers, they are going to select the one that looks the strongest and has the best chance of closing quickly without problems. Good luck
I was just over in that area last week. I will be glad to discuss your parent's home with you and what the property value may be. Please contact me.Tony WarfieldAssociate Broker3 Leaf Realty[phone number deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]
I assume you are working with a Realtor? Highest price in an offer is not always the best offer. Are the buyers asking for closing costs or any contingencies? Looking at the buyer's financing is critical, which of them has the best chance of closing quickly and with the least amount of problems? Will the property be able to appraise and support these higher offers? A number of things to consider....good luck.Tony WarfieldAssociate Broker3 Leaf Realty[phone number deleted by Zillow moderator. please see our good Neighbor Policy for posting guidelines]
Unfortunately you cannot rely on a Zestimate as an accurate way to figure out your home value. You should speak to a local Realtor who is familiar with your neighborhood and can look at similar homes for comparison.