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Message
re: Buying Property Must Do's
Posted on 1/17/24 at 1:24 pm to llfshoals
Posted on 1/17/24 at 1:24 pm to llfshoals
quote:
I get you think you were smart about this.
I got 100% of what I asked for.
Everything asked of me was added to my asking price.
What wasn't smart?
quote:
Pretty sure you weren’t.
Feel free to educate me on what I did wrong.
I saw an opportunity where the Realtor had dollar signs in her eyes and a buyer who wanted my lot.
There is zero scenario where the process and outcome could have been better.
quote:
30 million in sales with 280k average sale price
Funny. All of that production and you don't have the Smarts/experience to admit when you are wrong.
You must be good looking. Lol
Posted on 1/17/24 at 11:06 pm to meansonny
quote:Did you get what you could have? Doesn’t sound like it.
I got 100% of what I asked for.
quote:well to start with you were working for them, not them working for you from your description. Paid them twice for the same job they’d have done for only the buyer.
Feel free to educate me on what I did wrong.
quote:When I’m wrong I admit it, from everything you said, you’re a marshmallow when it comes to negotiations. You gave away things that probably weren’t necessary.
All of that production and you don't have the Smarts/experience to admit when you are wrong.
Example, repairs. There are lots of ways to negotiate that out, typically when I’m on the buyer’s side I gave the seller pay that out of closing proceeds. My buyer has control over the work, seller pays for it, my commission doesn’t get cut. You really aren’t going to know what my client really thinks is important, or what it actually takes to repair it. Or….what my clients skills are. Negotiated out 6k on one repair, client does house renovations, cost them less than 2k. 2 grand here, 5 there….adds up.
Posted on 1/22/24 at 8:14 am to meansonny
Sounds like you did well on your deal. That doesn't mean one should generally seek to use same realtor for both sides. I have done many real estate deals, and rarely do it. There are variables that affect each deal and the success of one deal doesn't mean others will turn out as well so that the success of one deal should not determine your process. Every realtor is different and some would be fine representing both sides and some not. In general, it seems better to not use the same agent for both sides.
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