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Clemson Sports Icon [52930]
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Alright guys. Got 2 house showings today
Mar 5, 2021, 7:40 AM
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that I have to rush home for.
One is a realtor bringing a client that, according to him, has cost him money on his commission because they have spent all week looking at houses and none of them were suitable for them.
Wants 3% for bringing them if they want the house "to recoup his losses" lulz. I'll give him 2.5 if the offer asking price and 2 for anything below.
The other showing is the couple who wanted to look at the house we are buying until we swooped in and took it off the market. Hopefully they won't hold that against us.
Also hopefully nobody falls or trips and sues us.
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TigerNet HOFer [134538]
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Good luck
Mar 5, 2021, 7:47 AM
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With hiding the septic smell ??
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TigerNet Immortal [171148]
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Just remember
Mar 5, 2021, 7:49 AM
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It’s not a pallet deck, it’s an up-cycled outdoor recreation space.
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Oculus Spirit [40120]
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Re: Just remember
Mar 5, 2021, 9:17 AM
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Indoor-Outdoor living baby, that's what it's all about. Refer to it as the lanai.
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Heisman Winner [80890]
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It's not a lie
Mar 5, 2021, 9:41 AM
[ in reply to Just remember ] |
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if YOU believe it
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Ultimate Clemson Legend [108944]
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FBCSC showing his house
Mar 5, 2021, 7:49 AM
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TigerNet Legend [147684]
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Seriously, I think you could actually save some money by
Mar 5, 2021, 7:51 AM
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towing your house TO the customer and letting them look at your in house in their own driveway.
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TigerNet Immortal [171148]
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Ultimate Clemson Legend [108944]
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That was way different than I've seen it done
Mar 5, 2021, 8:17 AM
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He'd be raising the lift as he approached. He'd drop it on top and then lower the forks as he backs out. If you have to stop to do every step it would take forever.
It's like the rule that you have to put on your safety before ejecting your shell when shooting a pump shotgun. Lol. Like someone shooting doves or ducks is going to put on the safety, then eject the shell, then turn off the safety and fire again...wait, birds are gone.......
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Oculus Spirit [43176]
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Who knew that forklifts had hand brakes???***
Mar 5, 2021, 9:13 AM
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TigerNet Eternal Icon [187981]
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We had numerous offers with agents and they
Mar 5, 2021, 7:58 AM
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did not understand I was not going to take less just because the buyer used an agent - I don't care if they upped the offer some to cover some of the agent's fees - focus on the net.
Best thing I did was get my own appraisal done before the sale as most offers are contingent on the house being appraised for the offer amount.
Good luck.
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Clemson Sports Icon [52930]
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I got an appraisal last year for refinance.
Mar 5, 2021, 8:09 AM
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Hopefully it's still accurate
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TigerNet Eternal Icon [187981]
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It ain't any lower that's for sure.
Mar 5, 2021, 8:15 AM
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check sales per square foot in your area. Comps are important.
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Clemson Sports Icon [52930]
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Way ahead of you. Right now the average is 80-100/sqft
Mar 5, 2021, 8:18 AM
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we have our house sitting at 80 because we know there's some problems.
Good thing is though we bought the house at 60
So we still have some wiggle room for offers to still make a decent profit
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TigerNet Eternal Icon [187981]
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Location, location, location
Mar 5, 2021, 8:21 AM
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son of looking in NC near Asheville, Hendersonville, Flat Rock - nothing under $160 - $180 up there for the size house he is looking for. These prices are crazy.
When we sold ours for $133 it was the highest in our subdivision - now it is probably up to $150 ish.
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Clemson Sports Icon [52930]
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Yeah the housing market around areas of interest
Mar 5, 2021, 8:25 AM
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are insane.
Around my area there's really nothing (BFE) so it's not as hot as other areas. But the prices still aren't showing that.
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Heisman Winner [81672]
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Don't forget, don't deal with the guy wanting commission
Mar 5, 2021, 8:21 AM
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unless they pay their closing costs. I will be deeply disappointed in you otherwise.
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Clemson Sports Icon [52930]
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I'm not paying the other dude's closing costs for any purchase
Mar 5, 2021, 8:22 AM
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that happens?
Message was edited by: FBCoachSC®
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Heisman Winner [81672]
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With this market you MAY get lucky in that respect.
Mar 5, 2021, 8:25 AM
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But odds are any buyer is going to ask for it in the first offer.
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Clemson Sports Icon [52930]
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I have to pay closing cost for the house we are buying
Mar 5, 2021, 8:26 AM
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I'm not paying double closing costs
I'll sit right on the pallet deck for another 3 years.
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Oculus Spirit [41171]
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Uuuuuuuhhhhhhhhh
Mar 5, 2021, 12:41 PM
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Why not just ask seller to pay your closing costs, like you for are your buyer?
I has a confuse
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TigerNet Eternal Icon [187981]
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'cause he is getting a deal on his new digs.
Mar 5, 2021, 3:47 PM
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family transaction iirc.
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TigerNet Eternal Icon [187981]
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Would not budge on that.
Mar 5, 2021, 8:27 AM
[ in reply to With this market you MAY get lucky in that respect. ] |
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There will be things they want all along the process and giving in up front is not advisable imo. This is too tight a market to not get what you want as a seller.
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Clemson Sports Icon [52930]
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Yeah from everything I've read is that this is a seller's
Mar 5, 2021, 8:31 AM
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market and sellers are asking ridiculous stuff and buyers have to do it if they want a house.
Of course that does not apply in BFE. But still.
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TigerNet Eternal Icon [187981]
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You got this!
Mar 5, 2021, 8:33 AM
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fangers crossed for some good offers quick.
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All-TigerNet [12768]
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Re: Yeah from everything I've read is that this is a seller's
Mar 5, 2021, 11:47 AM
[ in reply to Yeah from everything I've read is that this is a seller's ] |
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Yes. Like aero and fatherg said, don't give anything up front especially if there are issues that you may have to concede for later. You want the offer, but you have knobs to turn with closing costs and due diligence doll hairs. Mr "I gotta have my 3%" should understand that but that's his doll hairs vs his buyer's. It's worth it (I would be to me at least) to him to take 2% and get that buyer in a house and off of his calendar. I wouldn't mind paying him as long as he deals with all the BS moving forward like he's supposed to. I had no idea how much of a PIA dealing with lenders, lawyers, appraisers, inspectors, seller/buyer demands could be. I'd gladly pay his #### if the offer is right. If it ain't, and only you know that, tell him to pound sand.
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Oculus Spirit [40782]
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You haven't seen this house
Mar 5, 2021, 1:26 PM
[ in reply to Would not budge on that. ] |
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He doesn't have much leverage.
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TigerNet Elite [73592]
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Make sure to pressure wash the pallets***
Mar 5, 2021, 8:44 AM
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Tiger Titan [48501]
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I cannot wait to see the inspection report.
Mar 5, 2021, 8:50 AM
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Pretty please will you post it when it happens?
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TigerNet Elite [71511]
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see that right there?
Mar 5, 2021, 8:53 AM
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yeah, that right there, that is a pinecone peaking out form behind the paint.
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Heisman Winner [81180]
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What kind of rahtard world are you living in?
Mar 5, 2021, 9:06 AM
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Cost him money on commission just because he had to show them houses all week? A) that makes no sense and B) What kind of person in sales whines about their customer to other potential customers? M
FUBAR, all the way around.
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Clemson Sports Icon [52930]
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Definately would not hire this guy to represent me
Mar 5, 2021, 9:13 AM
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but that's not what is happening anyways. But 3% for him to google search, call, and drive over? Get the #### out of here. Your loss is not my problem. Charge them more.
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Heisman Winner [81180]
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We looked with our realtor for 2 years before buying
Mar 5, 2021, 9:20 AM
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Anything. I’m guessing he either hasn’t been a realtor very long, or is used to renting out apartments.
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Tiger Titan [48501]
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If he told fbcuck what fbcuck said he did, that's
Mar 5, 2021, 9:29 AM
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unprofessional at the very least.
That said, if I were a realtor I'd act similarly. Why TF would I spend my time taking a client somewhere to do business if I'm not getting paid?
So, why not. Call the FSBO guy and demand a fee or I'm not taking my client. Simple economics.
My guess is fbcuck was pushing back on him and the dude just went hail mary nuclear on him and was all like LOOK FOCKER DADDY NEEDS TO GET PAID HERE.
I can't blame him.
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Clemson Sports Icon [52930]
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Yeah he tried to get a verbal agreement over the phone
Mar 5, 2021, 9:30 AM
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Na homeslice, you get me an offer and then we'll talk money.
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Tiger Titan [48501]
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Gotta admit. That IS a pretty smart way to
Mar 5, 2021, 9:32 AM
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not sell your house.
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Clemson Sports Icon [52930]
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The #### he gonna do? Tell the people they can't buy my
Mar 5, 2021, 9:37 AM
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house because he's not getting paid?
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All-TigerNet [5737]
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Yeah he won't bring them to your house
Mar 5, 2021, 10:34 AM
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you should offer 2% for bring the buyers if you want to close the deal.
He's got buyers that can't find the pallet deck of their dreams and want your house, you don't want to fool with unqualified buyers.
It's less profitable to be the listing agent than the selling agent.
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Clemson Sports Icon [52930]
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He's kind of lost his leverage though
Mar 5, 2021, 10:39 AM
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because there is no agreement on commission until an offer is made (according to him) and he's bringing the buyers today. Like he threw his number out there and I told him we would discuss it once we had an offer. And he was like ok.
I'm expecting him to call me at some point today and be like hey let's lock in this commission rate before we get there. If he shows them the house, they make an offer, and THEN we talk commission he's lost any leverage he's had.
Sounds to me like he just wants to get these people out of his hair.
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All-TigerNet [12768]
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Re: Yeah he won't bring them to your house
Mar 5, 2021, 11:52 AM
[ in reply to Yeah he won't bring them to your house ] |
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"It's less profitable to be the listing agent than the selling agent.
Please excuse my ignorance, but what's the difference between listing agent and selling agent?
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All-TigerNet [5737]
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Listing agent has an agreement with the seller... typically
Mar 5, 2021, 1:37 PM
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a contract to sell/market the property in return for a set percentage of the total sale.
Selling agent represents the buyer. Can be the same person (at least FL allows dual agencies, its been 20 years since I've learned anything about SC real estate law).
So if a 2nd agent brings the buyer (the seller's agent), the listing agent splits his commission usually 50,50 but sometimes a different deal is struck when the seller's agent brings the buyer.
The listing agent carries the cost of marketing the property. Photos, websites, advertising... it all ads up. Usually the agent is responsible for all of these fees in a addition to paying their broker a set percentage of the commission. The commission is paid to his broker, who in turn pays the agent after he takes a chunk.
So if you are the listing agent your 3% is depleted quickly.
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All-TigerNet [12768]
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Re: Listing agent has an agreement with the seller... typically
Mar 5, 2021, 5:14 PM
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Thanks. My wife is a realtor and I thought Listing and Selling were essentially the same and an agent representing the buyer was a "buyer's agent". Show's how much I pay attention or maybe different lingo in a different state? I dunno
Dual Agency is allowed in NC too, btw.
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Tiger Titan [48501]
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Heisman Winner [81672]
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What are the odds that FBCoach gets in a dual agency
Mar 5, 2021, 9:42 AM
[ in reply to Gotta admit. That IS a pretty smart way to ] |
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situation with an agent he didn't even pick.
Disclosure. I had to bang the agent who sold my house in Charleston for a while, that is how she got the listing. I did agree to dual agency because she actaully found the buyer but typically you don't want to do that. I did get 1% reduction in commission though. Never got to bang.
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Heisman Winner [81672]
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All-TigerNet [12768]
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Re: Alright guys. Got 2 house showings today
Mar 5, 2021, 11:38 AM
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"One is a realtor bringing a client that, according to him, has cost him money on his commission because they have spent all week looking at houses and none of them were suitable for them.
Eff that guy. That's the cost of doing business when and agent has buyers. Sounds like he needs another job. He needs to smile and take it. Bitching about it out loud could cost him future clients from referrals, repeats, etc.
Good luck!
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Oculus Spirit [40782]
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Chances are
Mar 5, 2021, 1:46 PM
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The conversation that FBCoach is saying happened didn't happen, but FBCoach is saying it happened to make himself look like less of a pushover in this scenario.
If a realtor has only been showing properties for a week before closing a deal, then they've done some SERIOUSLY good work. We had our realtor on the hook for about two months before finding a home and she was perfect the entire way.
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All-TigerNet [12768]
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Re: Chances are
Mar 5, 2021, 5:16 PM
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I get it. Wife of has gone way longer than that a few times before finding the "right one" for the buyer. In this market, the house is often under contract by the time she can get her buyers there to see it. lol
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