All Forum Posts by: Alysa Demetre

Hi @Emelie Deans! Fellow investor here on the Central Coast! I'm also a Reatlor® and work almost exclusively with investor clients, so this is my area of specialty.

I recently began working with @Account Closed and his team because beyond just taxes, they also advise and provide valuable services such as cost segregation studies. My experience so far has been SUPER positive, so hopefully you find them helpful as well!

Let me know if you ever need anything else here on the Coast - I'm always here to help!

Hi @Janelle K. Eagle! Is this business still around? And if so do you still work with them? Can you send the name if so since their account is closed.

0 Votes

San Luis Obispo, California

Quote from @Jeff Allen:

Quote from @Alysa Demetre:

Quote from @Samuel Diouf:

I mean if the realtor is providing you the value you need is it not worth it? The agreement is usually for them providing you off-market deals that they found themselves.

I believe the realtor should be provided compensation of course. I was just curious if signing exclusivity agreements was the new norm. These were not off market. I found them.

They will become the new norm. In most situations the seller is still agreeing to compensate the selling agent. This agreement covers the situation where the compensation may not be covered. As always in the past no closing= no compensation.

Yes definitely!

0 Votes

Canton, Ohio

Quote from @Samuel Diouf:

I mean if the realtor is providing you the value you need is it not worth it? The agreement is usually for them providing you off-market deals that they found themselves.

I believe the realtor should be provided compensation of course. I was just curious if signing exclusivity agreements was the new norm. These were not off market. I found them.

1 Vote

Canton, Ohio

Quote from @John Clark:

Quote from @Alysa Demetre:

Hi, I'm looking at a a new realtor and he asked me to sign an exclusivity agreement and in it compensation to the brokerage is $350 and 3% with a minimum of $3500. He states it's because of that new lawsuit with the seller's fees. Is signing this agreement the case with all realtors in Ohio now? Just curious if this will be the new norm. I'm an out of state investor. Haven't done it with past realtors but also that was before the lawsuit.

How long is the agreement for, what is its physical limits (I assume not state wide), and is the 3 percent/$3500 contingent on only a successful closing?

Thanks for your response! Great questions. I still need to talk to him about term length, it was blank in the contract. And the contract was just an Ohio realtors agreement. I will ask about this too. And yes it's contingent upon a successful closing.

0 Votes

Canton, Ohio

Quote from @Bill B.:

No local knowledge but Zero chance I’d sign. Ask a few other realtors. Worst case, assuming you know what you’re doing and didn’t just pick this market out of a hat, use the seller’s agent. They might not have your best interest at heart but you’ll be $4,000 ahead and they’ll be motivated to get your offer accepted.

OTH, if you did just pick this market “out of hat”, pick a different one. The way OH gets pumped as a place beginners can out compete the locals make me think it’s shaky at best. But hopefully you’ll be bombarded by BP OH realtors with the inside scoop on the fees.

Thank you for your response! I have a few other properties in the surrounding areas and a great team (PM and GC) and they've been doing well so I plan on doing a few more before I move to a different area or state. I used seller's agent last deal and I don't think I want to do that again. Although when you put it that way, definitely sounds more favorable and maybe worth a second chance lol

1 Vote

Canton, Ohio

1 Vote

Canton, Ohio

All Forum Posts by: Alysa Demetre

Alysa Demetre has started 1 posts and replied 6 times.

Post: Tax Strategist & Accountant Recommendations in California

Post: New Exclusivity Contract and Buyers Fees in Ohio

Post: New Exclusivity Contract and Buyers Fees in Ohio

Post: New Exclusivity Contract and Buyers Fees in Ohio

Post: New Exclusivity Contract and Buyers Fees in Ohio

Post: New Exclusivity Contract and Buyers Fees in Ohio