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Tracybrian · 12-26-2004, 01:02 PM

Very off topic.
I think the best way to find a deal is just to drive around the area and look for homes that have potental and do the tax record research then write a letter to the owner to see if they would be interested. After that find out exactly what you should offer for a fast transaction. Once you are in contract get any and all inspections do your estimates and if it still works go forward with the deal. Then set up a time line and plan for the prop. Put ads for renters asap even before the rehab. Get a good rental agreement signed finish fixing the property then sell to an invester for top dollor do a 1031 tax exchange and repeat. The problem with FSBO's is the Buyer and the Seller are both looking to get a good deal when they are both chasing the same 10k. The other problem with it is that you eliminate 99% of the market. If you just use a limited MLS service that is a little better for exposer.

My goal when listing a property is to put it a little below what market value in order to generate a "market buzz" the phones will ring off the hook for a few days. Also the key to pricing you home is that if you price it low you dont have to nego down. If you price to high you will get fewer people even considering your home and you will be nego down. Usually people can bump up the price for a home they really like. We always like to stage the home. We also get the pest inspection out of the way up front so that we can have a stronger negocation standpoint. We can get people to replace carpets and paint and spruce up and bill it all to escrow. We handle muil-offer situations which can be very tricky. We know good apprasers that will pull value on a home after we get an offer so that the buyer can qualify. After you get the offer excepted we use our full time escrow officer to keep the deal together because there are a hundred different ways a deal can fall apart. It is defently not over untill C.O.E. That stuff is important. At the same time we put out ads in tri-vally-herald and other bay area real estate newspaper sections, on our website and even on a TV show that our company puts on once a week. and also monthly publications that go out to thousands of buyers in my farm.

I think that you can sell your home yourself but it can be tough, you may get sued or you may save a few dollors, or you can choose a crappy agent who will do nothing for you but put it on the mls , or you can get the best agent you can find who has a proven marketing record, strong negocation skills. That is why real estate agents dont just disapear to the lists4less companys because we do get top value for the homes, and we do give the service people need, and we do have the industry connections that you can only develop by being in the bussiness.

My dad used to say to me all the time "Dont step over a dollor to pick up a dime"

12-26-2004, 01:02 PM	#21 (permalink)
Tracybrian Crazy Location: Tracy, ca	Very off topic. I think the best way to find a deal is just to drive around the area and look for homes that have potental and do the tax record research then write a letter to the owner to see if they would be interested. After that find out exactly what you should offer for a fast transaction. Once you are in contract get any and all inspections do your estimates and if it still works go forward with the deal. Then set up a time line and plan for the prop. Put ads for renters asap even before the rehab. Get a good rental agreement signed finish fixing the property then sell to an invester for top dollor do a 1031 tax exchange and repeat. The problem with FSBO's is the Buyer and the Seller are both looking to get a good deal when they are both chasing the same 10k. The other problem with it is that you eliminate 99% of the market. If you just use a limited MLS service that is a little better for exposer. My goal when listing a property is to put it a little below what market value in order to generate a "market buzz" the phones will ring off the hook for a few days. Also the key to pricing you home is that if you price it low you dont have to nego down. If you price to high you will get fewer people even considering your home and you will be nego down. Usually people can bump up the price for a home they really like. We always like to stage the home. We also get the pest inspection out of the way up front so that we can have a stronger negocation standpoint. We can get people to replace carpets and paint and spruce up and bill it all to escrow. We handle muil-offer situations which can be very tricky. We know good apprasers that will pull value on a home after we get an offer so that the buyer can qualify. After you get the offer excepted we use our full time escrow officer to keep the deal together because there are a hundred different ways a deal can fall apart. It is defently not over untill C.O.E. That stuff is important. At the same time we put out ads in tri-vally-herald and other bay area real estate newspaper sections, on our website and even on a TV show that our company puts on once a week. and also monthly publications that go out to thousands of buyers in my farm. I think that you can sell your home yourself but it can be tough, you may get sued or you may save a few dollors, or you can choose a crappy agent who will do nothing for you but put it on the mls , or you can get the best agent you can find who has a proven marketing record, strong negocation skills. That is why real estate agents dont just disapear to the lists4less companys because we do get top value for the homes, and we do give the service people need, and we do have the industry connections that you can only develop by being in the bussiness. My dad used to say to me all the time "Dont step over a dollor to pick up a dime"