How much points does a realtor put together on forclosed homes?
im a new realtor, and only just wondering. not working for anyone but. in ca.want to know if this is the bazaar to target. selling forclosed homes.
thanks.
Answers: What ever you can work out beside the lender that owns them. I have hear of charging 6 (giving away 3) or 5 giving away 3 if you can get a bunch of listings. Don't plan on picking up much as lenders prefer more experienced Realtors. Plus it is really difficult identify the right person to natter to about getting these listings surrounded by the first place. I suggest you shoot for expired listings or new buyers when you first start contained by the biz. Good Luck
I Want to put a offer on a house worth £265,000. What should my first offer be?
Answers: What's a fair price for the property?
What has other similar property in the area recently sold for?
How long has it been on the market?
How badly do you want it?
Does it need any work to bring it up to scratch?
Have they had any other offers?
And most importantly... What do you think it is worth?
Remember that if you pay more than £250,000 for it you'll be liable for stamp duty of 3%, up to £250,000 and its only 1%.
Could you do a deal where the vendor pays some/all of the stamp duty?
it all really depends on whether the vendors want a quick sale or not and whether there is a chain, is the house worth £265,000, are you prepared to pay that?, personally i would go in low at £250,000 and go from there.
I used to work in the estate agency business (for over 10years), any other help post another question
Good luck
£238,500
Then they will couter offer. Hopefully in the end you guys meet in the middle.
That's a 10% below asking price. I would not go over 20%. But always lowball but don't get greedy. That may knock you out of the running. I would hack off 10% of the asking price and go from there.
low enough to show interest &work from there as its a buyers market now ,the boom is slowing down .you,d probably get it for 225,000.so start around 195,000 &work from that .&dont be bullied particulary if you,v got morgage availability.
Will Real Estate prices hold on falling?
Will Real Estate prices keep on falling, on the subsequent months?And do you guys think it will augment next year?
Answers: Yes they will verbs to drop moderately through out this year. But look for them flatten out then back of this year with modest gain next year.
The best time to buy will be surrounded by the next 3-6 months.
refinancers look out, in a minute is a good time to start looking to refi.
I'm thinking selling prices will verbs to drop this year as more and more people's adjustable rate mortgages are up. That'll increase the number of foreclosure which will affect the market overall. Hold sour for a year and re-evaluate.