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Whit Suber's Advice

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  • 135 Contributions
  • 1 Best Answers
  • 120 Helpful

Whit Suber wrote:

i want to sell my home on mls without a realtor, can i?

Answer
Usually.  It depends on your specific area MLS rules.  Where is your property?  And what type or service are you expecting?  What do you want out of the process?
March 10 2013
(0)

Looking for a realtor Sumter/Columbia

Answer
Are looking for purchase or rental?  What is your price range?
March 10 2013
(0)

NEED HELP!!!!! I am a new real estate agent seeking a great company/broker that I can join

Answer
Training is vastly over rated.  What do they train you to do?  If your starting a career in real estate, you don't need training; you need experience, you need money.I recommend a company that will give you at least 3 listings on day one or pay you a small salary and benefits.The average real estate career last less than 3 years.  And even among agents with 10 or more years in the business fewer than 15% have ever netted $80,000 or more in a given year.  The odds are heavily stacked against you.  If you can find a firm that will pay your start up costs, help with basic living expenses and most importantly, give you business your odds will improve.And be aware of other hidden costs and fees.  I would recommend against joining any organizations such as Realtors Associations or MLS memberships until you have some real business on your hands or a Broker that is willing to cover those costs for you.
March 10 2013
(2)

Listing Agent will be at home inspection?

Answer
I see nothing wrong with the listing agent attending the inspection.  If agents that work for me ever attend inspections on their listings I would ask them to be respectful of your space.But attendance itself is not a problem and though not my regular practice I have had many sellers ask me to attend.
March 10 2013
(0)

Do realtors avoid flat fee listings?

Answer
I'm licensed in four states and in each it would be illegal to avoid a flat-fee listing.  And those that would do so are the most disgusting of all agents.  When representing a Buyer you are REPRESENTING THE BUYER.  Find them the best property at the best price, period. Any Buyer that would work with any Agent that would steer the Buyer away from any property of interest for purely selfish reason is an idiot.And any agent that would treat their buyers that way is a slug and a fool.This ain't 1975.  The MLS doesn't appear every two weeks to agents in phonebook print. Buyer's know what's on the market.  Steer your buyer's away from property because of your own personal issues with how much the other agent is getting paid will not have any Buyer's to represent.  You should have your license revoked.  And many of these scum love to wave the flag of their "Code of Ethics"Beyond all the obvious illegality are the facts; Agents represents Buyers to get paid.  If there was an agent so influential they could talk their Buyers into buyer homes based on whether they're fond of the listing agent, that buyer's agent wouldn't be schlepping houses for a living.
February 11 2013
(5)

Problems after you purchase a house

Answer
You can knock me over with a feather if any Home Warranty covers that one.And I think your inspector may be off the hook too.  They can't report on things they can't see.I think the new home owner will be fixing this one.  
February 11 2013
(1)

Epidemic Rental Scam

Response
Thanks WetDogs.  Always appreciate your input.  I've thought the same thing about the profit potential of this exciting new business model.I have dozens of links to the ads and copies of the leases.  There loaded with high entertainment value.  Broken English and several references to their love of God within the lease.  Most offer "utilities included" clauses and of course the quoted rented would be well under market if it were real.But they always REALLY love God and are so sorry that that can't meet you in person.  Always on missionary work!  Just "stuff the envelope with cash" (seriously says that) and take it to your local Western Union.  The key will be arriving in the mail soon!
February 11 2013
(1)

Epidemic Rental Scam

Response
Thanks.  Problem is I'm fielding 20+ calls per week on this from confused and idiotic renters as well as my own concerned clients.  It's really aggravating.  And as we all know, you can't just tell some confused idiot to bug off when they call you.  But time is money and I've about had it with spending 5-10mins per call talking confused renters.  Not to mention the time spent calming neurotic home sellers afraid their home may be rented out from under them. 
February 11 2013
(0)
Epidemic Rental Scam
I have dozens of listings that are popping up for rent on multiple real estate search engines including Zillow.  The scam is rampant.  The play is to have naive renters wire a security deposit site unseen to an African bank account.  While anyone would have to be an complete idiot to fall for this, it is becoming increasingly annoying as my clients expect me to be able to do something about it.My thoughts are to do nothing.  I have talked with law enforcement, my lawyers and other brokers.  My clients are at no risk and with these ads appearing on potentially 140+ real estate search sites, it is far too time consuming to contact each site to ask the fraudulent ads be removed.Problem is, clients don't like the "my plan is to do nothing" approach.Any thoughts/advice from my fellow Brokers?  
February 11 2013
(1)

Realtors - Are huge investment companies buying properties in your area ?

Answer
Yes.  Some groups huge by any standard.  Others not huge but still quite large.  An interesting and untested business model. 
January 22 2013
(0)