We are thinking about selling our house in the next year or so. How do you determine if the realtor is a good one?
What lawsuit?
1 Like
One of my s’s is putting an offer on a TH. Came up kinda randomly as the selling agent is a neighbor in his apt complex. It was very 11th hour so they didn’t have an opportunity to get their own buyers agent. I have mixed feelings about it but (a) who knows if their offer will be accepted and (b)nothing we can do but give some helpful advice.
1 Like
deleted
1 Like
We had an AMAZING realtor that we knew because she helped my son/DIL and several of DIL’s family sell/buy houses in our area.
But if I was looking blankly I’d ask friends, look at local realty FB pages for their “top sellers” of the month (they post these all the time). Offer to take one or two out for coffee and see how you mesh. I think they’d invest an hour or less with you for free coffee and to ask/share info. See who you think vibes with you.
1 Like
Are you thinking about selling before getting the roof replaced? I thought there was damage that necessitated this roof replacement. If so, doesn’t your state have disclosure laws?
Or are you planning to lower the cost to reflect the need for a roof repair.
We’ll sell as is if allowed.
The folks who swoon on the neighborhood after a storm said we are ready. Normally it’s just sales people but this same one 6 mos ago said we had a few years still. It’s odd bcuz some neighbors are now replacing a 2nd time.
We never wanted to be fake claimers.
We trust this person.
No one says your roof must be replaced. They say we can get insurance to give you a new one.
It’s rained hard each day this past week for an hr. I don’t think catastrophe hits tomorrow but you never know as it is old.
One thing I like is he said stop letting people on the roof. He showed us where they’ve pushed their fists to dent tiles. It’s a fake he says.
He uses a drone and gets much detail. Seems honest.
He was found on Nextdoor I think.
As empty nesters just thinking maybe it’s time. Rent an apartment until we know where we want to go next. My job has to be involved in that too. Ideally my better half would like to go to Tucson.
She’s also tied with the idea of - let’s go to Wilmington NC for two months, then Savannah, the Denver etc.
We have other life impacting things taking place and it’s just a lot to think about at once. And some of these issues - health - may preclude a move now anyway.
Realtor who lives in our neighborhood and does well coming to chat tomorrow.
Just in a learning phase.
I also know selling (if you even can) and moving without buying could cost one later. Once rates start to fall we could see a pricing boom.
Update on DH’s friend’s condo that he was trying to sell FSBO. It’s in a good location but he is no salesman. He finally listed with a realtor and got one offer, which he said was low but he negotiated a bit. The inspection found some plumbing issue which will need attention/repair.
@tsbna44 this might be good info for you:
“Sellers in Tennessee are required to disclose any known material defects in a home’s condition to buyers before or when an offer is made, including roof damage. This includes damage from natural disasters, such as floods, earthquakes, or tornadoes. A material defect is any condition that could impact a buyer’s decision to purchase the home. Sellers can base their disclosures on their own knowledge and aren’t liable for defects they didn’t know about. However, sellers can also choose to mark a disclosure point as “unknown” to shift the burden of inspection onto the buyer.”
1 Like
We are not close to that but thanks.
If we list I will get a home inspection to include the roof.
Soul sucking salesman inundating a neighborhood with ruthless and unethical sales tactics to commit insurance fraud don’t matter for much.
I’m guessing we’ll end up not listing. But in a rash minute we are thinking about it. And I’m sure the neighborhood realtor would love to meet people selling today or in 5 years etc.
We have too much going on health wise to really make a move now.
1 Like
I clicked on the link and looked at the claim form but couldn’t find what is “the Eligible Date Range”?
1 Like
It is a bit of a hunt. I found Eligible Date Ranges in both the long form (link below) which contained this table.
And dates in the FAQ, link below.
Hope this helps.
3 Likes
Will be interesting to see how this changes the employment outlook. Will this cause some to leave the industry or attract more ?
This sounds less than ideal for buyers. Caveat emptor now applies to broker contracts as well as the real estate.
Brief overview of some of the issues with the new forms. I think buyers are not well informed about how these changes could cost them thousands on top of the costs of purchasing the property.
https://wapo.st/46rDAyl (gift link )
New contracts might make buying a home more confusing than ever
The real estate industry’s response to new rules governing commission offers: complicated legal agreements for home buyers.
Currently, most buyers can choose a Realtor without making any commitments in writing. But starting Aug. 17, buyers will have to sign a mandatory agreement first — and it could include hard-to-understand provisions that favor agents and cost buyers money, legal experts and consumer advocates say.
1 Like
It is not easy. I haven’t needed a realtor. I hear from friends who are realtors or have been selling real estate recently.
Referrals by others and results. If a realtor has sold similar property, and is aware of local regulations or or features or issues.
I like the suggestions by others.
And
1 Like
We had to choose a realtor when we were planning on selling our home last fall. We spoke to 3 who were very active in our local area. Had them come look at the house and talk to us. One we hated right away (my husband more than me). One gave us what we felt was a very low value for our house. The third one, whom we hired, was Redfin and offered us a lower percentage realtor fee. She seemed down to earth and no nonsense, and came up with the listing price which I had already decided was the right one.
She built us an excellent listing with top notch photographs (regular, drone, and the video walk through). We had several difficulties during the selling process. Our first buyer fell through (could not secure a mortgage) and the second one came close to also falling through. I felt that she didn’t go to bat for us and neither did the lawyer we used. I think had one of the two been more aggressive, we could have saved a lot of time.
I had selected the lawyer after talking with two. They both seemed fine. We went with the cheaper one, who also had decades of experience in the field. He was a stark contrast to the lawyer we had used 35 years before, who was very aggressive and would never have put up with the stuff this lawyer did. (Maybe too aggressive - he landed in jail for fraud a few years after we used him.)
Anyway, you should probably not only interview and carefully select your realtor but also your attorney.
3 Likes
Michael Avenatti?? 
1 Like
One thing we required for any offer that would be considered is a letter of reference from the bank saying the potential buyer would be able to secure a mortgage. Doing that saves a lot of unqualified buyers from tying up the listing while they try to secure financing.
4 Likes
Not him LOL!
1 Like