All Forum Posts by: Matt H

95% of people who rent live month to month anyway. They have no money to make lump sum payments. Also if you did take the money in advance, then the tendency would be to spend it early. Then what will be coming in to cover the mortgage payment in the future. So if you did save it and use it for rent payments then the only thing you benefit is the interest you get from your bank. And at the discount you actually lose money. And if someone moves then they want the rest of the months back from you. I don't think that would work.

Will flipping become regulated in the future? Will interest rates go up? Or go down? Will the market turn around again soon in the US? If so how soon? Will flipping continue to gain momentum or is it fad?

Well.....let me look into my crystal ball and I'll tell you your future. ha ha!!!

All we know for certain is what is happening right now. Anything could happen in the future. Nothing is for certain. All you have to worry about it "today". Are you going to take some positive action. Or not, because you're worried about what "might happen".

get a second

So far one offer has come in this morning from supposedly a solid buyer. And there's potentially 3 more coming in today. So who knows I might actually be able to sell the building and do my big deal.

Well again I'm suppose to have like 3 offers coming in perhaps tomorrow, or end of this week on the stupid thing. This is driving me nuts. Well hopefully this time someone will give me a serious offer.

Do you think that whole "flat fee MLS" idea is gaining momentum or dying off? Here we had a place that offered that. Now they closed down. So I can no longer get the big discount through them. But a friend of mine told me she would list for half of 1% which means I save about 33% on my listing costs, but whether she'll stick to that or not at some point in the future is hard to say. And I think the reason that company didn't make it is because realtors wouldn't get paid very much for their list of listings as sellers agents. Where as normally I'd think that all a realtor would have to do is find the product and be able to get it under contract, and if they found enough product then other realtors would then move it for them.

in 2006 houses in Edmonton appreciated by 52%. This year were up about 25% so far and climbing. See the Edmonton Real Estate Board website for details on those stats.

and

5th ....There's nothing like meeting up with my sexy milf listing agent so that we can do some private up close and personal negotiations in the back seat of my car ;-)

Well when I sell a house I use "flat fee" and go by the stats which has always worked and saved me about 40% on commissions in the process. If you use a good realtor who does a lot of work for you that you're aware of maybe that's good too.

I find that hard to believe in any market, because the statistics are that 98% of the time a buyer is found either by the buyers agent, or by way of the buyer calling on the MLS listing and wanting to deal. It's very rare taht the sellers agent actually goes out and finds a buyer and brings them to the table, using any additional leg work other than the listing itself.