Ok now what? - Page 2

TheWife · 08-25-2005, 09:57 AM

It's already developed, I don't think I'd really want to get into other than helping him, but I don't know if they let you do what you want like that. It's just some commercial properties that have little stores in them, like a smoothie place and a bagel place. I don't know if I want to do it, I don't know what it would entail. He's not in a hurry though so at least I'd have time to figure out what I'm doing, and there is always the broker that can help too. But I don't know if I want to add one more thing to my list of to do's! LOL

MQAAord · 08-26-2005, 10:36 PM

Honestly, having gone through a sale ourselves very recently, I'd just go with the realtor. Consider it buying a service. You're paying for the sales, marketing & negotiating services of a realtor. There's no way I could have done what our realtor did for us, as far as getting buyers in and generating interest the way she did. Not to mention having her as the intermediary in the price negotiation. Her services were invaluable, and worth the money. We ended up paying 3.9%, and our selling price was $495,000, so you can do the math as to what the services cost. But, she also helped us get a higher price!

We sold in 3 1/2 weeks. Thanks in large part to her. There were 2 other houses in the neighborhood who started out as FSBOs, but ended up listing with an agent. We listed after they did (as FSBOs) and we sold before they did.

TheWife · 08-27-2005, 04:04 PM

It all just depends on the circumstances I guess. We had neighbors that listed FSBO after us and just closed yesterday, so it worked out better for them. Actually most of the houses in our area have been FSBO. If we were in the price range of yours though, we would have used one for sure, but not in the range ours is. But since we are desparate now, we did sign with one, he's only charging us $1000. Hopefully it sells real soon cause this is weighing on me big time!

Kristie · 08-27-2005, 07:41 PM

$1000 total or $1000 + the 6%?

TheWife · 08-27-2005, 08:25 PM

No he's only taking $1000 from his side, then we have enough equity to give the buyers agent 2.5%, and that leaves us with nothing. Unless we have a miracle and the buyer has no agent. Of course, if that's the case, they'll probably want closing costs, so we'll still end up with nothing lol.

08-25-2005, 09:57 AM	#11 (permalink)
TheWife Jetgirls Ol' School Member Join Date: Aug 2003 Location: Utah Posts: 1,264 Recipes: Thanks: 1 Thanked 2 Times in 2 Posts	Re: Ok now what? It's already developed, I don't think I'd really want to get into other than helping him, but I don't know if they let you do what you want like that. It's just some commercial properties that have little stores in them, like a smoothie place and a bagel place. I don't know if I want to do it, I don't know what it would entail. He's not in a hurry though so at least I'd have time to figure out what I'm doing, and there is always the broker that can help too. But I don't know if I want to add one more thing to my list of to do's! LOL __________________ Michelle~Wife to Corbin 09/09/1999 and Mom to Caleb 05/18/02~Kyla 01/03/05~Bryton 02/03/08

08-26-2005, 10:36 PM	#12 (permalink)
MQAAord Jetgirls Ol' School Member Join Date: Aug 2003 Location: A Happy Place Posts: 668 Recipes: Thanks: 0 Thanked 0 Times in 0 Posts	Re: Ok now what? Honestly, having gone through a sale ourselves very recently, I'd just go with the realtor. Consider it buying a service. You're paying for the sales, marketing & negotiating services of a realtor. There's no way I could have done what our realtor did for us, as far as getting buyers in and generating interest the way she did. Not to mention having her as the intermediary in the price negotiation. Her services were invaluable, and worth the money. We ended up paying 3.9%, and our selling price was $495,000, so you can do the math as to what the services cost. But, she also helped us get a higher price! We sold in 3 1/2 weeks. Thanks in large part to her. There were 2 other houses in the neighborhood who started out as FSBOs, but ended up listing with an agent. We listed after they did (as FSBOs) and we sold before they did.

08-27-2005, 04:04 PM	#13 (permalink)
TheWife Jetgirls Ol' School Member Join Date: Aug 2003 Location: Utah Posts: 1,264 Recipes: Thanks: 1 Thanked 2 Times in 2 Posts	Re: Ok now what? It all just depends on the circumstances I guess. We had neighbors that listed FSBO after us and just closed yesterday, so it worked out better for them. Actually most of the houses in our area have been FSBO. If we were in the price range of yours though, we would have used one for sure, but not in the range ours is. But since we are desparate now, we did sign with one, he's only charging us $1000. Hopefully it sells real soon cause this is weighing on me big time! __________________ Michelle~Wife to Corbin 09/09/1999 and Mom to Caleb 05/18/02~Kyla 01/03/05~Bryton 02/03/08

08-27-2005, 07:41 PM	#14 (permalink)
Kristie Admin/Owner Join Date: Jul 2003 Location: Scottsdale, Arizona Posts: 6,660 Recipes: Thanks: 7 Thanked 17 Times in 17 Posts	Re: Ok now what? $1000 total or $1000 + the 6%? __________________ www.jetcareers.com

08-27-2005, 08:25 PM	#15 (permalink)
TheWife Jetgirls Ol' School Member Join Date: Aug 2003 Location: Utah Posts: 1,264 Recipes: Thanks: 1 Thanked 2 Times in 2 Posts	Re: Ok now what? No he's only taking $1000 from his side, then we have enough equity to give the buyers agent 2.5%, and that leaves us with nothing. Unless we have a miracle and the buyer has no agent. Of course, if that's the case, they'll probably want closing costs, so we'll still end up with nothing lol. __________________ Michelle~Wife to Corbin 09/09/1999 and Mom to Caleb 05/18/02~Kyla 01/03/05~Bryton 02/03/08

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