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6 October 2016 | 7 replies
The only commission your Broker is entitled is from the sale through the Brokerage.
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1 October 2016 | 4 replies
Did the other listing sites not have any recent sales for the area or were there just very few sales in that area all together?
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1 October 2016 | 18 replies
There are definitely comps in the area, just lack of consistency.I know there is always some level of risk but I'm trying to at least take on a manageable amount and be realistic about the sales price.Any advice for a first timer?
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11 February 2019 | 11 replies
Below I have compared 2 examples of selling traditionally with a Realtor at 6% commisions (which it may be less as it is negotiable) vs selling with opendoor or similar service.Comparing Opendoor to a Traditional Sale with a Realtor$400,000 Home via OpendoorHome Value: $400,000Sales Price: $375,000Charge 12%: $45,000Commissions 7%: $26,250Total Costs via Opendoor: $71,250Net Proceeds to Owner: $303,750$400,000 Home via a RealtorHome Value: $400,000Sales Price: $400,000Traditional Closing Costs 3%: $12,000Commissions 6%: $24,000Total Costs via a Realtor: $36,000Net Proceeds to Owner: $364,000In this Example Selling with a Realtor will save you $60,250!!!
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29 September 2016 | 1 reply
(He is not a sales person, rather a broker).Thanks !
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5 June 2017 | 58 replies
In the next couple weeks I'm thinking of going door knocking on behalf of one of my clients to see if anything might pop up for them.Here's some fancy graphs from the MLS for Chicago:Median Sales Price: http://mred.stats.10kresearch.com/infoserv/s-v1/21...Market time: http://mred.stats.10kresearch.com/infoserv/s-v1/21...Homes for sale: http://mred.stats.10kresearch.com/infoserv/s-v1/21...Disclaimer: These are just for detached singles, attached singles, condo, and townhouses - I can't get the multifamilies included in this.
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29 September 2016 | 10 replies
In most states (not sure about Georgia) the excess proceeds, if any, from the tax sale should go to the owner/heirs.
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6 October 2016 | 7 replies
My wife was p*ssed.3/24/16: Found BP and posted this thread: https://www.biggerpockets.com/forums/311/topics/29...04/01/16: Filed certificate a sale despite most of my friends, family, and coworkers telling me it was a bad idea.05/01/16: Paid my first lawyer bill (yikes!).
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30 September 2016 | 4 replies
A short sale, and all that entails, is the only option, prior to the foreclosure, and only if the lender will delay the foreclosure for the short sale.