Realtors: Buyers are killing me |
- Buyers are killing me
- My Buyers and Renters are Starting to Give up
- Insane clients
- Should I leave my broker after only being there a month?
- How to buy land tied up in a trust? (VA)
- What’s your #1 rule?
- Just went through a mutual release due to very low appraisal.
- Important Advice For First Time Home Buyers
- ��louder for the people in the back.
- Contract Amendments
| Posted: 07 May 2021 07:25 AM PDT I'm new to real estate, it'll be a year in august. It's been trying but rewarding, and I want to stick with it for the long haul. I'm part of a team that's so beyond helpful and resourceful. It's a sweet deal. That being said in the last month I've had 10 buyers, and I was only able to get through the entire transaction process for 1(rental). I know it's just part of the business but the other 9 strung me along, made me make appointments only for them to ghost the day of, and I'm currently sitting at a listing that my buyer had requested that they NEED to see before the open house. So naturally I set up the appointment. Not a word from her today. Why are people like this!!! Just tell me you've moved on elsewhere or that you've changed your mind! This is just a rant. I'm frustrated, I still enjoy my job but this is the part I'm so done with. [link] [comments] |
| My Buyers and Renters are Starting to Give up Posted: 06 May 2021 01:34 PM PDT I work primarily with sellers so I'm soing pretty good right now all things considered. That said, I don't shoo away buyers or renters. I'm the only agent in my Coldwell Banker office that will even handle office lease leads. Recently inventory for buying and renting has been absurdly low. I have a handful of buyers and renters I've been working with over the past two or three months and many are finally ready to throw in the towel. Countless showings, numerous offers and applications. Renters getting pre qualified because I can't find them a rental only for me to not be able to land them a house for sale. This market is just too unforgiving for buyers and now many of them are saying they want to wait a year or more now until things clear up. I even had a buyer client from California decide to renew their lease last week than deal with the dfw market any longer. My buyer pipeline for when this cools down will be full so that's nice but very frustrating. Meanwhile my sellers are practically showering in offers. [link] [comments] |
| Posted: 07 May 2021 06:51 AM PDT Long story short: I got fired because a 75 year old widower thinks I lied to him. I told him I would help him pack Saturday. He for some reason thinks I said I would help yesterday. So now I've "broken my word" and he has "dis charged" me. I really wanted this listing. It's embarrassing. I just did nothing wrong. I think he's senile. I've tried to apologize and make it right. He only will text. Will not answer the phone. I am debating showing up at his door. Thoughts? [link] [comments] |
| Should I leave my broker after only being there a month? Posted: 07 May 2021 07:55 AM PDT I'm a new agent, last week a potential client reached out and wants to list a rental with me, I asked my broker if I should take it or not even though I didn't feel ready, and I was assured that they would be readily available for guidance, go with me to everything, etc. A week in, they gave me a date and time and told me to tell the tenants we would be there, then to view the house. That date and time doesn't work for the tenants, I told my manager their availability, and they haven't answered any texts in over 24 hours. Am I overthinking, or is it time to find a new brokerage? [link] [comments] |
| How to buy land tied up in a trust? (VA) Posted: 07 May 2021 06:33 AM PDT I'm in VA, there is land locked land behind my house I want. Problem is, the owners died 3-4 years ago and the land is now in some sort of legal ownership issue. For the last 3 years I've been in contact with one of the grandchildren I believe and I ask about the land update every 3-6 months. Apparently they need the signature of some estranged impossible to find cousin to sell it. Anyone ever deal with this? [link] [comments] |
| Posted: 06 May 2021 05:34 PM PDT If you were to share your #1 "unwritten" rule that you think would help other agents, what would it be? For example... I was told today another agents #1 rule was to never trust another agent. Your thoughts? [link] [comments] |
| Just went through a mutual release due to very low appraisal. Posted: 06 May 2021 06:02 PM PDT As the title says, sadly lost out on a house due to a very low appraisal. Came in 30k under contract price and 20k under listing. I was representing the buyer side during this process and I want to turn this into a learning experience since I'm a new agent. Things I realized from this encounter: 1. Do proper comps early on, I didn't do them very thoroughly early on when submitting an offer and maybe that wouldn't have changed this outcome, but looking back on it it seems like I may have had an idea a low appraisal was coming.
I'm sure over the next few days I'll realize some other take aways but for now this is what I initially took away. All this being said, what are some tips/recommendations you more experienced agents may have on how to handle a shirt appraisal. It can be from the seller or buyer side. I am just looking to educate myself here so any information is greatly appreciated. Thanks guys! [link] [comments] |
| Important Advice For First Time Home Buyers Posted: 06 May 2021 10:31 PM PDT Being a first time home buyer can be both extremely exciting but also very nerve wracking. With so little experience it can be easy to make mistakes that are otherwise easy to avoid. Finding the right agent for you, getting together with lenders and actually making an offer in a timely manner are all key points in the home buying process. However, here are a few additional tips for first time home buyers to think about during the process. Pre-Approval First and Foremost One thing that is extremely important when buying a home is being able to act quickly when you find the right place for you, and a major step in that process is having pre-approval on a mortgage. Gaining pre-approval is as simple as getting your debt cleared and getting your money together followed by speaking with multiple quality lenders with transparent rates. It's important to get quotes from multiple lenders to make sure that you are getting the best deal possible, with most people suggesting you receive at least three quotes. Interest rates are not the only thing to take into account, responsiveness and customer service from your lender are also important factors that are often overlooked. Get Your Finances in Order With the current state of the real estate market, affordable houses are moving quickly meaning first time buyers should be ready to buy. To best prepare yourself, buyers should have enough saved for a down payment as well as a backup emergency fund just in case. Avoid spending large amounts on credit cards during the pre-buying process since the cost of the home is only the beginning and you will need to spend money furnishing the home and fixing any issues that may come up post occupancy. Having a large amount of debt can be stressful to your mental health but may also cause financial strain. If possible, it is recommended to pay off as much of your credit card debt as possible before seeking out a mortgage from any lender. Having a smaller amount of debt will also allow you to receive more favorable rates from those same lenders.. Long story short, if you are a first time home buyer, make sure you are in a financially secure place before making that home purchase. Find the Right Neighborhood for You Buying your first home is a major financial investment so you want to make sure you are choosing the correct neighborhood for you. Some people are looking for a first house that may only be a short term home, others are looking for the perfect home for them and their family to grow into. Both types of buyers should be doing extensive research to make sure the neighborhood is right for whatever their needs are. What are the schools in the neighborhood like? Do other young and growing families live nearby? Is the downtown area lively or not that exciting? These are all essential questions that should be looked into before deciding to spend a large amount of money on a property. One other thing to keep in mind is resale value, will the property be worth more than what you bought it for when you do eventually decide it's time to move, whenever that may be In summation, before you shop as a first-time buyer, you should make sure you are ready to buy when given the chance, meaning you should get your debt resolved and have money for a down payment. Meet with multiple lenders before making a decision, and of course be sure to do some research on various neighborhoods before settling on your first home. [link] [comments] |
| ��louder for the people in the back. Posted: 06 May 2021 07:56 PM PDT |
| Posted: 06 May 2021 01:08 PM PDT What's the highest number of amendments you've seen in one transaction? [link] [comments] |
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