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20 December 2020 | 1 reply
I represented both sides of the transaction as an agent.
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21 December 2020 | 3 replies
My best advise would be to get a couple of quotes from Independent Agents that represent multiple companies.
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22 December 2020 | 6 replies
It’s common usage is to represent the time you expect your unit to be vacant in any given year.
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23 December 2020 | 10 replies
* Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) * Don't allow for your own independent property inspection * Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) * Require you to pay for any renovation upfront * Sell only in cheap. low end neighborhoods * Don't accurately represent the neighborhood/property classification * Don't have consistent rehab standards for all properties * Don't provide a scope of work for the property * Can't provide references of repeat investors Hope this helps.
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21 December 2020 | 12 replies
If the broker is it it for the long haul, they will respond is a positive matter.If you are not honest, and broker finds you can’t do a deal now even though you represented otherwise, your name will be mud with that broker and probably every other broker in town.As a broker and investor of 40 years, my time is valuable and I don’t like anyone to waste it.Be upfront and honest.
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22 December 2020 | 12 replies
But this represents only a tiny fraction of dozens of problems.
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22 December 2020 | 19 replies
If self-managing, who would be your local hanyman, representative?
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22 December 2020 | 15 replies
Perhaps offer selling agent 3% to represent us and have better chance at getting home.
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30 December 2020 | 14 replies
They had every contingency in the world built in which may be good for a worst case scenario but doesn't represent what actually happens in the real world.