All Forum Posts by: Romeo Jeremiah

P.S.S.S.

If you have any questions or concern, whatsoever (about the above product), just give "reach out and touch me" at 901-550-0682.

Dear homeowner,

If you’re looking to sell your home within the next one to three years, then reading this letter in its entirety will be the most important letter that you’ll read today.

When you’re ready to sell your home, I know exactly how you can save yourself thousands of dollars!

No, this is not a scam. This information is verifiably true!

And no, this is not a letter trying to convince you to refinance your home to get a lower payment on your existing mortgage. In fact, I have no interest in trying to convince you to refinance your home. At today’s historically low interest rates, I’d be surprised if you’d even need to refinance your mortgage.

This letter is strictly about saving you thousands of dollars when you decide to sell your home, whether you have an existing mortgage or no mortgage at all.

First, let me tell you just a little bit about myself, because I want you to be absolutely 100% confident that I’m no scammer and that the information that I’m going to give you comes directly from my own experience.

You see, most people only buy and sell homes a few times in their life. But I’ve bought 6 homes and sold 5 of these homes in the last 4 years alone. In fact, here are the last 5 homes I sold since 2014.

Home #1:

433 Eagle Blvd, Kingsland, GA

Home #2:

7412 Loyalist St, Charlotte, NC

Home #3:

8951 Chalkstone, Charlotte, NC

Home #4:

My personal residence, Bartlett, TN

Home #5:

3514 Harvest Lane, Bartlett, TN

Home #6:

3675 N Sungate Dr, Bartlett, TN

For all 6 of those homes above, I either paid a discounted real estate commission or didn’t end up paying one dime in real estate commissions. And no, I’m not a real estate agent and never have been one.

Stop “giving your money away” when you sell your home!

For some reason, even in 2018, when the real estate market is saturated with home buyers looking for deals, when banks are loaning money at historically low interest rates, and when it takes an average of only 66 days nationally for homeowners to sell their homes[i], homeowners are still practically giving away thousands of dollars to their real estate agents.

This is money they can use to do much savvier things. Things such as pay off debt, establish or bulk up an emergency fund, add to a retirement savings account, save for their children’s college, or even buy that new car they’ve always wanted.

Or perhaps, they can travel or take that cruise to Alaska while sunbathing on the deck of the cruise ship or eating gourmet foods cooked by world renowned chefs.

Or, they can do ANY NUMBER OF OTHER THINGS WITH THE MONEY they save AFTER SELLING their HOME.

Yet, they are just GIVING THIS MONEY AWAY.

I don’t want you to be one of them.

Let me be clear. I am NOT claiming that a licensed Real Estate Agent is not worth the money they’re paid. But, I am saying that you should at least consider the following facts about what you pay them when you sell your home.

Fact #1: The typical commission, paid by you, the seller, to the real estate agent who lands the contract to help sell your home is 3% of your home’s sales price.

This means when you sell your home, you’re going to pay the following to your real estate agent:

If your home sells for $100,000 you’re going to pay YOUR REAL ESTATE AGENT $3,000.

If your home sells for $200,000, you’re going to pay YOUR REAL ESTATE AGENT $6,000.

If your home sells for $300,000, you’re going to pay YOUR REAL ESTATE AGENT $9,000.

And so on, and so on…

But there’s more…

Fact #2: If the person who purchases your home is working with a real estate agent, you, as the seller, ALSO often ends up paying your buyer’s real estate commission, too!

This means when your home sells, you’re ALSO going to pay the following to your buyer’s real estate agent:

If your home sells for $100,000 you’re going to pay YOUR BUYER’S REAL ESTATE AGENT $3,000.

If your home sells for $200,000, you’re going to pay YOUR BUYER’S REAL ESTATE AGENT $6,000.

If your home sells for $300,000, you’re going to pay YOUR BUYER’S REAL ESTATE AGENT $9,000.

And so on, and so on…

So, what does this mean?

This means, you’ll be paying a total of $12,000 of your hard-earned equity just in real estate agent fees if you sell your home for $200,000!

But wait, there’s even more!

Fact #3: The average amount that you’ll pay for closing cost, which are in addition to the fees you’ll pay your real estate agent, is 3.5% of your home’s sales price.

These closing costs cover items such as loan processing fees, title company fees, real estate taxes, and other associated fees.

This means the closing costs on your $200,000 home can extract, on average, another $7,000 from your sales proceeds!

All in all, you’ll end up paying $9,500.00 to sell your $100,000 home, $19,000.00 to sell your $200,000 home, or even $28,500.00 to sell your $300,000 home…before you see one dime of profit.

The sad part is, the higher your home’s sales price, the more you’re “penalized” with seller’s fees! There is no wonder why so many homeowners only “break even” after selling their homes!

But, here are the commissioning fees I paid on all five of the homes I sold:

Home #1:

Sales date: 11/19/14

Sales price: $141,500

Total Real Estate Commissions Paid: $7,282.00 (5.15%)

Home #2:

Sales date: 6/13/14

Sales price: $137,500

Total Real Estate Commissions Paid: $6,187.50 (4.5%)

Home #3:

Sales date: 7/22/14

Sales price: $146,000

Total Real Estate Commissions Paid: $6,570.00 (4.5%)

Home #4:

Sales date: 12/16/16

Sales price: $141,000

Commissions paid: $0.00 (0%)

Home #5:

Sales date: 11/3/17

Sales price: $117,650

Commissions paid: $0.00 (0%)

As you can see, I never paid the full 6% real estate commission fee, and I only got smarter at NOT paying the real estate commission fee as I gained more experience selling homes.

I paid $20,038.50 of the $41,019.00 that would be typically charged to you as real estate commissions, saving myself $20,980 in the process, BUT…

…If I knew in 2014 what I know now, I could have avoided paying $20,038.50 in real estate commissions by not paying any at all.

…If I knew in 2014 what I know now, I could have an additional $41,019.00 in my bank account.

Dumb! Dumb! Dumb!

But, I’m glad I know what I know now. And I can now pass this knowledge on to you so that:

You, too, can put thousands of dollars in your pocket when selling your home!

Unfortunately, you’re not typically going to get away from paying your home’s closing costs when you sell, but…what if you could substantially reduce or 100% eliminate the amount you pay in real estate commissions?

In other words, if you can save yourself just $6,000 of the $12,000 in real estate commissions on the sale of your $200,000 home, or $9,000 of the $18,000 on the sale of your $300,000 home, wouldn’t that be valuable for you? What would you do with the extra money?

Well…here’s another fact:

Fact #4: It’s 100% possible to avoid paying, what I consider, the ridiculously high real estate agent fees, and I want to tell you how.

But…there’s always a catch, right?

Well, here it is. Since I’ll be potentially saving you THOUSANDS of dollars, I don’t think it’s unreasonable to charge you just a fraction of the amount you’ll save by using the information I’m going to tell you. Don’t you agree?

And if you use this information to sell your home, and then use it again to sell your home after that…and then use it again to sell your home after that, effectively tripling the value you’re going to get from me…then any reasonable price I charge will be well worth your hard-earned dollars. Don’t you agree?

If you don’t think so, then you’re no more than a freeloader who should click off of this page right away.

Go ahead. Do it now!

Still here?

Good.

This means you're not a freeloader, and you’re, in fact, someone who is smart enough to see an opportunity that will undoubtedly keep money in your pocket when you sell your home, and you’re someone who don't mind paying for information that will accelerate your learning curve so you won’t have to search all over the internet to piece mill this information together.

Now that we're clear about that, this is what I’ll do for you:

For the small fee of only $47, I show you exactly how I saved myself, literally, $20,980 in real estate commissions so you can use these same tactics when you sell your home. I explain everything in excruciating detail in, The Home Seller’s Guide: How to Put Thousands of Dollars in Your Bank Account When Selling Your Home by Drastically Reducing—and In Some Cases Eliminating—the Amount You Pay in Real Estate Commissions!

TWELVE little known secrets that will help you save THOUSANDS of dollars when you sell your home!

In this short guide, I detail:

• What really attracts a potential buyer to your home.
• Who really sets the market value of your home. Knowing this one secrete can save you from marketing your home's price too high, which will effectively kill your buyer's deal if they're using a mortgage to purchase your home.
• The little-known financial advantage you have when you purchase your next home.
• Even if you must work with an agent, how to get them to lower their commission fee
• What the majority of real estate agents really do to help you sell your home faster.
• The financial relationship that you can exploit that exists between a real estate agent and his broker.
• The type of agent you want working for you if you want to maximize the amount of money you save.
• The exact situation when you can easily counter on a buyer’s offer…and substantially increase your odds of getting what you want!
• The best way to maximize the exposure your home gets…for free…even if you don’t use a real estate agent.
• The exact verbiage to use in your contract to avoid paying your buyer’s real estate agent commissions.
• How to save thousands by hiring only this expert to handle your entire real estate transaction.
• The website that will drastically increase the number of leads you’ll receive when you list your home.
• And much, much, more…

Using the tactics and tools that I used, you’re almost guaranteed not to pay a penny in real estate commissions when you sell you home.

THIS GUIDE PAYS FOR ITSELF!

If you buy this guide BEFORE talking to a real estate agent, you’ll be absolutely equipped to save the maximum amount of money possible.

When you put these tactics into play you’re going to get at least ten times your money back when you sell you home! I guarantee it!

But, if after reading this guide you find that it didn't help you at all, I’ll gladly process your refund. No questions asked. I don’t want one dissatisfied customer. I'm a man that holds honor and integrity with the upmost respect.

Again, once you make your purchase, you’ll get a physical 24-page copy (12 8.5" x 11" pages front and back) of my guide, mailed to the address you provide.

It’s easy to get started!

In order to get started reaping the benefits of saving thousands of dollars on your next home sale, here’s how you can order your physical copy of The Home Seller’s Guide: How to Put Thousands of Dollars in Your Bank Account when You Sell Your Home by Drastically Reducing—and In Some Cases Eliminating—the Amount You Pay in Real Estate Agent Commissions!

Click the button below to order your copy.

https://thehomesellersguide.com

It'll take you through my secure Shopify store where you'll pay to have your guide shipped to you within the week.

Respectfully,

Romeo Jeremiah

P.S. Even if you don’t plan to sell your home within the next five years, you’ll still want to know this information. You never know when a great opportunity will force you to sell your home and relocate to another geographical location.

P.S.S. You can verify the sale of each home listed in this letter by going to the appropriate State’s Register of Deed’s website. This information is in the public records.

I agree with @Ben Leybovich. 

If your cut says fire them, let them finish evicting the tenant so you won't have to deal with the process and then fire the company. Either way, no company can guarantee a good tenant. If they do, that's were liability comes into play. Tenant screening only measures risk, not guarantees against risk. 

I good tenant can move in and lose their job within the same month. Life happens, so don't fret. Just remove tenant and place a new one. Life goes on. 

Bank account balances, @Matt R.? I've never heard of such a request and would hesitate to over if I were a tenant. How does your tenants react when you ask for this information?

Check out the Fight Blight Charter. I believe it summarizes all the areas where programs are eligible and what the programs are:

www.memphisfightsblight.com/

Thanks all. You've given me much to consider. 

Haven't put it under contract. And yes, @Christine Mwai, I would put it under contract with an inspection contingency, if possible. 

I called the city and they recommended I take out a permit to "finish the room" which in that case would allow their inspectors to go out to see what needs to be done. However, the city stated that even if the room is high out of spec, there are no financial penalties. So, I would likely have no leverage to pull out of the contract or ask for a reduced price once under contract. 

In this case, @Robert Smith has it right. The price is way too high to begin. I was thinking that there was room to bargain after the fact. I guess not in the case of a REO. I'll keep my eye on the property and see what it eventually sells for.

As a side note, I asked for and received a $1500 repair credit on the first REO I purchased. It was 2011 in Charlotte. Maybe those were different times but maybe not. You'll never know what you can get unless you ask.

REO property (Fannie Mae) listed for $144k in my area but needs work. Comps come in at this price but are move-in ready. I know this because I recently had an appraisal done on a house, with the same floor plan and in the same subdivision less than 2 weeks ago.

The subject property's "bonus" room over the garage was likely completed without a permit, has water damage stains on the ceiling's sheetrock, has a trip hazard immediately after entering the room (has a 6" blind step") and likely will have to be redone. The room just looks horrible. This is on top of the fact that the house needs the standard clean, paint, carpet, and appliances, and a few replacement windows.

While the ARV may be $144k, the real offer should be $120k or lower based on what I think I need to but into the house. Thing is, the seller's agent countered at $142,900. Yeah, right.

Question is, How would you handle this situation?

Would you still put the house under contract, schedule some appointments with the city inspector and home inspector, and then reduce the asking price to $120k or less AFTER the proof can be sent to the seller? The financial risk would be the price of the home inspector and loss of earnest money? In short, does the phrase "just get it under contract" hold in this situation?

Rent for this property will go for at least $1350 once cleaned.