North Padre Island 3/2.

[Chris Tessmann]

Hey everybody, have a property in Corpus Christi, TX on North Padre listed that I wanted to bring up here on the forums and kept forgetting to do for a while. Here's the link:

https://www.realtor.com/reales...

And the description: Elegant entry with open floorplan and many custom upgrades. Split, spacious bedrooms. Granite with custom cabinets, crown molding, and vaulted ceilings. Walk-in closets, solar shields, and oversized garage door! Enjoy coastal breezes from your covered back patio. Extra driveway concrete added for your RV! Minutes to Whitecap Beach, Port A, and PINS! Reverse Osmosis and Alkaline water filters, Water Softener, Refrigerator, Washer, and Dryer, hurricane anchors and cut & numbered shields all convey.

I lived here for a couple of years and then turned it into a rental. So far, did a 2 year lease with a friend at a deal: $2400/mo. Prior to that, a 6 month lease at $2700/mo. Rentometer puts average in 1/3 mile radius at $2539, but due to the additions (see above), updates, and age compared to others in the area (along with what I've actually gotten for rent in the past), I'd be asking at least $2900 to start if I put it back out on the rental market.

Open to discussions on price, especially if we're only paying for paperwork to get done vs. commissions. Feel free to message with any questions and thanks!

[Moses Mesa]

The Quote from @Chris Tessmann:

Hey everybody, have a property in Corpus Christi, TX on North Padre listed that I wanted to bring up here on the forums and kept forgetting to do for a while. Here's the link:

https://www.realtor.com/reales...

And the description: Elegant entry with open floorplan and many custom upgrades. Split, spacious bedrooms. Granite with custom cabinets, crown molding, and vaulted ceilings. Walk-in closets, solar shields, and oversized garage door! Enjoy coastal breezes from your covered back patio. Extra driveway concrete added for your RV! Minutes to Whitecap Beach, Port A, and PINS! Reverse Osmosis and Alkaline water filters, Water Softener, Refrigerator, Washer, and Dryer, hurricane anchors and cut & numbered shields all convey.

I lived here for a couple of years and then turned it into a rental. So far, did a 2 year lease with a friend at a deal: $2400/mo. Prior to that, a 6 month lease at $2700/mo. Rentometer puts average in 1/3 mile radius at $2539, but due to the additions (see above), updates, and age compared to others in the area (along with what I've actually gotten for rent in the past), I'd be asking at least $2900 to start if I put it back out on the rental market.

Open to discussions on price, especially if we're only paying for paperwork to get done vs. commissions. Feel free to message with any questions and thanks!

 I'm fine with the listing price. Comps support it. But, the agent is charging 2% for paperwork, normally that is merely worth 1%, some are flat fee. What is he doing to earn that extra percent? As an agent myself, full honesty, I'm not thrilled to work hard for 2% in terms of a Buyer's Agent. Just be willing to bet there are agents thinking the same. That alone should be considered, because it is cutting into that buyer pool. I've worked the Expireds list for 5 years, it smells like it would sit stale due to the discount broker not working on it and agents not thrilled to show it because of the commission.

*I had to pause and check with my board if I would be in violation by responding with my feedback on this before pressed Enter on my keyboard haha. 

I can do 5%, splitting 2.5% with the Buyer's Agent. Only for value comparing purposes ha. I normally charge 6%. But, I do provide full service, and have that house on the #1 Most-Watched YouTube Real Estate channel in South Texas, were I can get 25-30k views on that. I have the listing integrated for lead gen to connect with potential buyers. I've already closed 2.5M YTD just from Youtube. I love asking, how you know you didn't leave money on the table?