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14 August 2024 | 51 replies
I was on the phone with one representative and it took her 30 seconds to generate the report for a single property but when I asked for the same report for the other properties, she said I could only get it from my representative.
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13 August 2024 | 6 replies
Most of the homes I've represented here recently have been new builds, and I currently view the margins on rehabbing off-market or wholesale deals as too risky in my market.What has really made me consider the Flip System is my own experience of making offers on 5-6 homes — each over the asking price — only to find myself among many bidders and ultimately seeing another offer accepted.
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12 August 2024 | 0 replies
Super needed.Half of the homes sold were under contract in 13 days or less, up from 7 days a year ago.46.11% of homes sold for the asking price or above, with 23.4% selling for more than the asking price. 12.3% sold for at least $10,000 over asking and 4.04% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98.2% – down from 99% a year ago.Knoxville having the fastest-rising property prices in the country over the last five years, with median home listing prices rising 83%.New construction represented 13.6% of total home sales.With an increase in units over the past year we have seen the occupancy rate moderate at 95.9% down from the high of 98.9% in 2022.
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11 August 2024 | 0 replies
Although all of the Los Angeles metropolitan area's twenty-one office submarkets contributed to the metro's recent rent growth, it is worth noting that the 0.8% asking rent growth rate of the past 12 months compares unfavorably to the metro's long term performance.Competitive Inventory, Employment, AbsorptionTotal employment in the Los Angeles metropolitan area increased by 14,200 jobs during the first quarter, representing a growth rate of 0.3%, while in the dominant office-using industries, employment grew by 4,600.
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11 August 2024 | 16 replies
Just because you make a statement in writing saying that the listing agent is NOT representing you as a dual agent does not mean the commission drops from 6% to 3%.
11 August 2024 | 4 replies
The foreign company needs to have a EIN or a representative in the US with an TIN so you can look up its credit worthiness.
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14 August 2024 | 22 replies
@Hadar Giladi most of the Midwest cities you can still BRRR, but you have to make sure someone doesn't take advantage of you by selling you something they represent as Class B, when it's really Class C or D.
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13 August 2024 | 14 replies
In a similar but smaller scale situation I had my real estate attorney reach out to the law firm listed as the LLC's representative (this was for a single unit not whole buildings) and it turned out the owner was letting their kid live there and didn't have interest in selling for that reason but I felt it was worth the tryI hope to hear more updates from you @Cole Barthel !!
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12 August 2024 | 16 replies
It's unclear if the state will champion this issue, but reaching out to your representatives is essential.
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13 August 2024 | 97 replies
Same for emails, voicemails and texts.It doesn't sound like you were represented by a buyer's agent and this is a perfect example of why a good Realtor is worth his weight in gold.