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re: Buying Property Must Do's
Posted on 1/17/24 at 9:40 pm to The Torch
Posted on 1/17/24 at 9:40 pm to The Torch
The buyers agent isn't going to do anything but try and convince you to offer asking. Of course they will also know "the best" lender. They may also tell you the property will 2x in value in no time.
Commission is negotiable I would find an agent that would buy me $3000 gift card at close.
Commission is negotiable I would find an agent that would buy me $3000 gift card at close.
This post was edited on 1/17/24 at 9:41 pm
2
Posted on 1/17/24 at 11:16 pm to down time
quote:Depending on the state it might be different, in Alabama that would get your agent a hefty fine and possibly lose their license.
Commission is negotiable I would find an agent that would buy me $3000 gift card at close.
quote:Bad ones yes. Unless it’s a multiple offer situation I never suggest a full price offer. Lots of bad agents out there, significant majority I’d say from having to deal with them.
The buyers agent isn't going to do anything but try and convince you to offer asking.
quote:I give out 3-4 when I give a lender referral. Some are better at long term credit repair and communication. I have 8 I recommend on a regular basis and rotate through them. If you have a lender you like and they are trying to push one on you, get another realtor.
Of course they will also know "the best" lender.
Posted on 1/18/24 at 12:07 am to down time
lol at these allegations
quote:
The buyers agent isn't going to do anything but try and convince you to offer asking
I lay the numbers on the table for my buyers, it’s completely up to them to make an offer. Usually it’s not asking. If I know it’s going to be competitive, I simply tell them to make an offer they are comfortable with if they lose the house. Every situation is also different, I’ve been able to win in multiple offer situations as the non-high bid, but structured the contract attractive enough for the sellers to take.
quote:
Of course they will also know "the best" lender.
I have 3 or 4 lenders I trust that I’ll send clients to, but in no way are they obligated to use them, nor do I benefit if they do.
quote:
They may also tell you the property will 2x in value in no time.
No reputable agent is telling anyone that. I’ll never give out “investment advice”.
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