In your experience, what is the most that you've seen options contracts trade hands before they're exercised?

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Dan Carpenter, Cabins and Homestead Property Expert (Mountain Retreat Real Estate)

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Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

Dan - I can't believe that you are going to have questions like this on the real estate exam.

Oct 10, 2016 12:49 PM

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Pete Xavier

Pacific Palisades, CA

Rainmaker
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Olga Simoncelli

Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT

CONSULTANT, Real Estate Services & Risk Management

In the reas estate world? none Did you mean in the securities industry?

Oct 10, 2016 02:21 AM

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Pete Xavier

Pacific Palisades, CA

Rainmaker
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Scott Godzyk

Godzyk Real Estate Services - Manchester, NH

One of the Manchester NH's area Leading Agents

In real estate we do not have an options contract, but an offer to purchase. It can go back and forth many times before being signed by all becoming a contract

Oct 09, 2016 11:30 PM

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Pete Xavier

Pacific Palisades, CA

Rainmaker
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Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

I've never seen it done at all in real estate.

Oct 09, 2016 11:28 PM

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Michael Jacobs

Pasadena, CA

Rainmaker
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Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

I have not seen this.

Oct 11, 2016 07:45 AM

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Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

none at all.

Oct 10, 2016 03:39 PM

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Rainmaker
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Praful Thakkar

LAER Realty Partners - Burlington, MA

Metro Boston Homes For Sale

Dan Carpenter - I have not come across 'options' in Real Estate - as yet.

Does it exist? I doubt.

Oct 10, 2016 02:58 PM

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Rainmaker
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Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

Once. Many of my investors use these but do it verbally until someone bites.

Oct 10, 2016 02:52 PM

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Rainmaker
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William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

I can't say I have seen it before

Oct 10, 2016 12:34 PM

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Fred Griffin Florida Real Estate

Fred Griffin Real Estate - Tallahassee, FL

Licensed Florida Real Estate Broker

I have seen plenty of of options, but never seen the paper sold to another party.

Oct 10, 2016 09:59 AM

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Rainmaker
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FN LN

Toronto, ON

What type of option contracts are you referring to (e.g. real estate, stock market etc.)?

Oct 10, 2016 09:00 AM

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Rainmaker
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Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

I haven't experienced any.

Oct 10, 2016 06:22 AM

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Rainmaker
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Pete Xavier

Investments to Luxury - Pacific Palisades, CA

Outstanding Agent Referrals-Nationwide

Normally I had exercised mine (past options & without trading) within 4-5 months (if there was no great need in closing immediately). In some wholesale real estate business models one would see some trading of real estate options before the options are exercised (Normally professionals who work the retail side of real estate don't see this).

Oct 10, 2016 05:05 AM

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Rainmaker
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Ryan Huggins - Thousand Oaks, CA

https://HugginsHomes.com - Thousand Oaks, CA

Residential Real Estate and Investment Properties

Never seen it done.

Oct 10, 2016 05:05 AM

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Rainmaker
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Joe Pryor

The Virtual Real Estate Team - Oklahoma City, OK

REALTOR® - Oklahoma Investment Properties

Thank goodness I don't need to do something that can be a legal and ethical nightmare. Ask some investors from before 2008 about it.

Oct 10, 2016 04:37 AM

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Kathleen Daniels, Probate & Trust Specialist

KD Realty - 408.972.1822 - San Jose, CA

Probate Real Estate Services

Never seen it at all in 14+ years.

Oct 10, 2016 12:47 AM

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Richard Weeks

Dallas, TX

REALTOR®, Broker

I really don't understand your question. Are you asking about assignments of contracts?

Oct 10, 2016 12:31 AM

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Harry F. D'Elia III

WEDO Real Estate and Beyond, LLC - Phoenix, AZ

Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I have seen three times before exercised

Oct 10, 2016 12:21 AM

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Roy Kelley

Retired - Gaithersburg, MD

I do not recall any of these situations.

Oct 10, 2016 12:13 AM

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Wayne Martin

Wayne M Martin - Oswego, IL

Real Estate Broker - Retired

Not a fan of assignable contracts, so little experience!

Oct 10, 2016 12:00 AM

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Jeff Dowler, CRS

eXp Realty of California, Inc. - Carlsbad, CA

The Southern California Relocation Dude

I haven't had any experience with an options contract

Oct 09, 2016 11:51 PM

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Michael Jacobs

Pasadena, CA

Pasadena And Southern California 818.516.4393

Like Tony and Suzanne Marriott, Associate Brokers - Never.

Oct 09, 2016 11:50 PM

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Rainmaker
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Tony and Suzanne Marriott, Associate Brokers

Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ

Coldwell Banker Realty

never

Oct 09, 2016 11:40 PM

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Rainmaker
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Michael Setunsky

Woodbridge, VA

Your Commercial Real Estate Link to Northern VA

Dan Carpenter If you are referring to option contracts for hard money, I have seen it a few times. Investors who buy these usually wait until they are well seasoned.

If you are referring to options contracts for real estate properties, I haven't seen any trade hands. They are usually exercised or left to die.

Oct 09, 2016 11:35 PM

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Dan - I can't believe that you are going to have questions like this on the real estate exam.
In the reas estate world? none Did you mean in the securities industry?
In real estate we do not have an options contract, but an offer to purchase. It can go back and forth many times before being signed by all becoming a contract
Dan Carpenter - I have not come across 'options' in Real Estate - as yet.

Does it exist? I doubt.
Once. Many of my investors use these but do it verbally until someone bites.
I have seen plenty of of options, but never seen the paper sold to another party.
What type of option contracts are you referring to (e.g. real estate, stock market etc.)?
Normally I had exercised mine (past options & without trading) within 4-5 months (if there was no great need in closing immediately). In some wholesale real estate business models one would see some trading of real estate options before the options are exercised (Normally professionals who work the retail side of real estate don't see this).
Thank goodness I don't need to do something that can be a legal and ethical nightmare. Ask some investors from before 2008 about it.
I really don't understand your question. Are you asking about assignments of contracts?
Dan Carpenter If you are referring to option contracts for hard money, I have seen it a few times. Investors who buy these usually wait until they are well seasoned.

If you are referring to options contracts for real estate properties, I haven't seen any trade hands. They are usually exercised or left to die.