lovenyc's Discussions
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Open Houses?? Do they sell your Property, or are they a Waste of Time?
Open house's are for realtors/agents...not the homeowner. It's the old a bait and switch format ~ goes like this, 'So, you don't like this one, I know just the house for you, give me your name and number and we'll talk'.
Also the neighborhood will be trapsing through, with kids in tow. They will!
It's one thing if it's a Realtor open House, but for general public it's foolish. Anyone truly interested in seeing your home will do so through a Realtor. Don't be fooled. Think it out before you decide.
PUTTING NEW HOUSE UP~RENT WITH OPTION TO BUY? Yes or No ?
This is what I'm hearing from friends.
Keep in mind this property is a new, never lived in, single family home.
"Most people looking at lease-to-own property are doing so because they have an issue with getting a mortgage loan from a traditional lender, but who are still looking to purchase property within the next few years...maybe. Often times, these potential buyers have a recent bankruptcy on their credit, a recent divorce, or some other major life event that makes them a high risk for a traditional loan, and also makes them short of down-payment money. Risky and can be expensive."
You'll need
1) Management Company to manage it.
2) Accountant to make sure you understand tax and insurance requirements
3) Lawyer to help you with your legal responsibilities of being a landlord. Advise you of your rights and the tenants’ rights and your states laws about leasing.
4) Landlord insurance
"The cost of damages to a home can far exceed what the damage deposit will cover. Many repairs are the landlord's legal responsibility, particularly those that involve health and safety. Being a landlord can be expensive, very expensive."
What I'm hearing and seeing is.....bottom line ~ Don't rent.....SELL, SELL,SELL.
PUTTING NEW HOUSE UP~RENT WITH OPTION TO BUY? Yes or No ?
Need some input on putting an investment property, a new house, up for rent with option to buy? Heard horror stories about tenents? Contracts? Management Companies? Laws? Accountants? Makes my head spin!
He's baaaaaccccck! He real....he's honest....he's got it going on!
Still way too many fools and cry babies on these threads.
gracie08...Jiminey Cricket quote"let your conscience be your guide".
Open house for only the Realtors in the community ~ Yes, great way to expose your home to them.
Open house for public ~ NO!
What you want are qualified, serious buyers accompianied by a professional Realtor.
Help with recruiting of agents...
Offer to speak at community college, library, YMCA....You got nothing to loose.
"listed on the MLS with an agent"... Good! Let them do the work. Hope it's a full time agent, the hungrier they are the harder they work.
Open house for Realtors is good.....shows the property to them, but for the public ~ don't. Don't let em' talk you into it.
Realtors use it as a means to snag anyone slightly interested in buying. It's a version of bait and switch. Sort of goes like 'So, you don't like this house, well let me show you one you'll really love, here's my card. What's your name and number?'
Open house? Not worth it. Don't even think about it. Risky and a waste of time.
Put your efforts into advertising. People don't just drive by anymore househunting, serious buyers go to the Internet and virtual tours. If your home does catch their eye, they will contact you or an agent to see it. Be smart and be safe. You only want qualified buyers ...not dreamers.
You're only up for 11 days and had 2 showings....you're kicking a$$. Relax!
St. Joseph statue not doing the job?
Swear at him....most likely. There'$ a scad of $ellers of this little guy ~all waiting with their hand out. Business is good when your business is bad. You're in the wrong business...$9.95 for a 3 cent made in China plastic toy.statue.
What ' free' listing sites do you list under?
Wondering what 'free' listing sites are bringing in action? How about International 'Free' sites? Any action at all there? Which ones are good?
April 08
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