All Forum Posts by: Ben Howard

@Jason Pabon That listing agent must have an interesting relationship with their peers who have submitted (as you say $20/30k) higher offers and then find out it was a dual agency deal.

@Jason Pabon I respectfully disagree with your comment “agents will also double end the deal, it’s a win-win”

While I have represented both sides of a transaction multiple times, in most cases it is not in a buyer’s best interest to be represented by a listing agent. The seller’s agent has an established relationship with the seller. At no point when that agent represents you are you receiving 100% of their attention. When decisions are made regarding who to use for inspections, how much to negotiate for repairs, which title company to use, which natural hazard company to use, how much to disclose about the property’s history, how much to disclose about the neighbors/neighborhood, etc the listing agent is representing their seller. Always keep that in mind. As an investor I would be willing to spend a bit more knowing that I have someone 100% working for me and willing to suggest that I walk away from a deal.

@Jim Dean 4932 Venuto Way is not an active listing. Even when it was active $2,385 in stated rent on a $425k listing is low revenue. These are 2 bedroom units.

@Ashley Mack Your agent should be able to provide specific data as to how many homes are owner occupied vs non. If hones are non owner occupied an agent should be able to tell you if the owner lives in county/out of county, in state/out of state. There is no need for an agent to develop a percentage of city/area/neighborhood rentals based on their opinion.

@Daniel Molina No, there are several 55+ communities in this region however it is not one of them.

@Daniel Molina Yes, my SFR is in Fair Oaks' Northridge Country Club neighborhood.

@Daniel Molina Yes I am. SFR & the equities market.

@Daniel Molina Nothing scheduled that I know of. Virtual would really be a great idea. Seems like it is a more convenient venue that way and we would likely have more people attend. It would also make it easier for us to share documents, screens, etc. Last round I printed a significant amount of information that I thought would help attendees and unfortunately couldn’t use it due to the cancellation.

@Daniel Molina A Folsom meetup was scheduled for Thursday, November 19th however it was canceled last minute due to the meeting venue (Out of Bounds Brewery) suffering a sewer issue that evening.

@Anurag D. Does the condo community have a restriction on how many units may be rented? Will the condo board change that number in the future? What is the historical rate of appreciation of the condo vs a single family home?