5,230,113
I have done that but, you really have to know your market and your sellers have to agree to your pricing terms.
HOWEVER, I would NEVER do that with a tenant in place. As well, I don't know what the average DOM are for that complex, Valeria so, I can't advise you to take it without knowing that number and if your folks are going to price it properly or not, if there was no tenant in place.
-
John Pusa
Glendale, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Richard Weeks
Dallas, TX
-
Pete Xavier
Pacific Palisades, CA
-
Steve Higgins
Kelowna, BC
-
Peter Testa
Danbury, CT
-
Lyn Sims
Schaumburg, IL
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Valeria Mola
Sunny Isles Beach, FL
-
Lynnea Miller
Bend, OR
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Fred Griffin Florida R...
Tallahassee, FL
2,071,025
No.
I would recommend find another broker or agent. Won't be me. Especially the owner had a license before. Strange offer.
What started crooked cannot be straight.
-
Nina Hollander, Broker
Charlotte, NC
-
John Pusa
Glendale, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Pete Xavier
Pacific Palisades, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Steve Higgins
Kelowna, BC
-
Peter Testa
Danbury, CT
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
6,393,609
If you let the client dictate terms you will likely lose, tell your client how it needs to be, timing, price, and presentation.
In the two months and endless expenses spent trying to sell this overpriced home with tenants working against you, you could be out finding better clients.
-
Valeria Mola
Sunny Isles Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
-
Pete Xavier
Pacific Palisades, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Steve Higgins
Kelowna, BC
-
Bob "RealMan" Timm
Minot, ND
-
Lynnea Miller
Bend, OR
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Bob Crane
Stevens Point, WI
-
Fred Griffin Florida R...
Tallahassee, FL
2,684,109
Selling as investment with tenant in place? Maybe, depending upon the market, but not if overpriced.
Selling to potential owner-occupant with tenant in place? No.
Short term listing like that, whether tenant or no tenant, the owner is going to pay for the photography. Plus I want an upfront non-refundable fee.
-
Valeria Mola
Sunny Isles Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob Crane
Stevens Point, WI
-
Candice A. Donofrio
Fort Mohave, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Lynnea Miller
Bend, OR
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Debe Maxwell, CRS
Charlotte, NC
846,475
NO WAY!
-
Valeria Mola
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob Crane
Stevens Point, WI
-
Candice A. Donofrio
Fort Mohave, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Debe Maxwell, CRS
Charlotte, NC
2,220,654
No, minimun 6 months listing.
-
Kathleen Daniels, Prob...
San Jose, CA
-
Steve Higgins
Kelowna, BC
-
Peter Testa
Danbury, CT
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Barbara Todaro
Franklin, MA
-
Valeria Mola
Sunny Isles Beach, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
2,390,620
I would consider the 60 day listing but keep close track of showings while it was my listing and insist that if any of those showing turned into a sale after my watch I would still get a piece of the action Valeria Mola .
-
Valeria Mola
Sunny Isles Beach, FL
-
John Pusa
Glendale, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob Crane
Stevens Point, WI
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Steve Higgins
Kelowna, BC
-
Peter Testa
Danbury, CT
-
Lyn Sims
Schaumburg, IL
1,153,794
Yes, however, NEVER under those conditions.
-
Valeria Mola
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob Crane
Stevens Point, WI
-
Candice A. Donofrio
Fort Mohave, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
1,502,998
Not under those conditions. If it was priced 20k (or more) under the upgraded one and the owner did what was needed to get the house looking as good as possible AND it was a vacant/go direct, then I would consider it.
-
Valeria Mola
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Debe Maxwell, CRS
Charlotte, NC
3,345,091
Without a tenant, priced right, depending on the condo complex, a 60-day listing would work. That seller does not feel motivated to me ... it feels like they want to use you to test the market.
-
Valeria Mola
Sunny Isles Beach, FL
-
Steve Higgins
Kelowna, BC
-
Peter Testa
Danbury, CT
-
Nina Hollander, Broker
Charlotte, NC
-
John Pusa
Glendale, CA
-
Bob "RealMan" Timm
Minot, ND
-
Kathleen Daniels, Prob...
San Jose, CA
4,882,355
I don't care the length of the listing agreement, because I know the seller can terminate at any time, and my only recourse would be to sue them. I would be more concerned about taking an overpriced listing.
-
Bob "RealMan" Timm
Minot, ND
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Jeff Pearl
Lovettsville, VA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Candice A. Donofrio
Fort Mohave, AZ
1,052,211
Is this a trick question sister?
Let me think about this for a moment--NO
No. It's overpriced and no time to market it.
No.
Nope.
ALL my listings are 1 YEAR. Mutual kickout clause.
Tenant MUST cooperate or be removed.
Price right.
Past licensee status may or may not impress me much.
-
Valeria Mola
Sunny Isles Beach, FL
-
Steve Higgins
Kelowna, BC
-
Peter Testa
Danbury, CT
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Candice A. Donofrio
Fort Mohave, AZ
758,035
I can't remember taking anything less than 6 months. Some people (short sales) I sign to a year. I think I'd try hard to get the 6 mos. before giving in. I'd tell them your office requires you to get atleast 6 months. I'd say if they had to take it off the market then the term of the listing is irrelevant anyway. If it meant not getting the listing I'd tell them you would ask your Broker if you could do 4 months; double what they are proposing & then stand firm on that.
-
Valeria Mola
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Steve Higgins
Kelowna, BC
4,572,183
It depends. What is the likelihood of selling? Why is the ed request being made?
-
Valeria Mola
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Richard Weeks
Dallas, TX
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Steve Higgins
Kelowna, BC
-
Bob "RealMan" Timm
Minot, ND
711,852
It doesn't sound like a reasonable time for an overpriced listing.
-
Valeria Mola
Sunny Isles Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob Crane
Stevens Point, WI
-
Steve Higgins
Kelowna, BC
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
7,836,139
Only if the price is realistic.
-
Valeria Mola
Sunny Isles Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob Crane
Stevens Point, WI
-
Steve Higgins
Kelowna, BC
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
5,583,278
all of our listings are taken for 6 months....period!
-
Valeria Mola
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Lyn Sims
Schaumburg, IL
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
716,049
Unlikely. It starts with my #1 business rule. All listings are for one year - if not I don't take the listing. Then I look at the closed DOM, expireds and cancelleds, then the price and condition of the property.
Then put all this in a bag, shake for 10 seconds, then pour everything on my desk and see what I have to deal with vs everything else on my plate
-
Bob "RealMan" Timm
Minot, ND
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Candice A. Donofrio
Fort Mohave, AZ
4,333,772
NEVER. Our minimum is 1 year!
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Bob "RealMan" Timm
Minot, ND
482,547
Hi Valeria Mola. From your information I'd say no to this one. Obviously all is negotiable, but 6 months is minimum w/o really good reasons to go less.
Good luck!
Bruce
-
Valeria Mola
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Candice A. Donofrio
Fort Mohave, AZ
5,216,409
No, drop price by $30,000 and give me 30 days more than average days on market for that complex
-
Valeria Mola
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Candice A. Donofrio
Fort Mohave, AZ
805,909
I would not take it. I usually only do 6 months, the odd 3 month.
-
Valeria Mola
Sunny Isles Beach, FL
-
Peter Testa
Danbury, CT
-
Kathleen Daniels, Prob...
San Jose, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Bob "RealMan" Timm
Minot, ND
1,844,301
Based on your criteria there I would say no.
Tenant probably won't cooperate & price does not guarantee that they aren't slobs. Price range is good but again tenant can make a serious dent in your progress.
Notice that a past licensure doesn't make the seller less crazy?
-
Valeria Mola
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Bob "RealMan" Timm
Minot, ND
1,712,676
Whatever floats your boat.
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
5,104,931
No... my absolute minimum is 90 days (depending on the property) and typically not less than 120 days with an automatic renewal built in.
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Steve Higgins
Kelowna, BC
-
Bob "RealMan" Timm
Minot, ND
-
Peter Testa
Danbury, CT
1,751,129
Valeria, I'm not sure I'd take that one. I did sell two in less than 24 hours last year, but it looks like your may be full of obstacles.
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Kathleen Daniels, Prob...
San Jose, CA
577,750
My board would not allow me to take a listing under 60 days... and I would take it only with understanding that if, after 3 weeks on the market we have no offers, then the price gets reduced a minimum of 12-15K. I would have the Seller sign the required form at the time of the listing and initiate it after the 3 week period. If the tenant is still under a lease, the new buyer would have to assume the tenants until the end of the lease term at minimum.
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Kathleen Daniels, Prob...
San Jose, CA
4,800,082
Not unless it's priced very aggressively. Definitely not if the condo has a tenant.
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Kathleen Daniels, Prob...
San Jose, CA
921,504
As you describe the opportunity, I would pass. Lets see....occupied, overpriced, difficult access.........seller is looking for a chump.
However, when the right motivations and incentives are in place I will take a 1 day listing, but more typically a 30 to 45 day listing. The property will be shown Fri, Sat and Sun and sold on Monday.
-
Bob "RealMan" Timm
Minot, ND
-
Valeria Mola
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Candice A. Donofrio
Fort Mohave, AZ
911,338
$20,000.00 difference for same condo in same building is too much to hope for. If it was priced similar, I would consider a 60 day listing if condos have been selling fairly quickly.
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
1,574,666
You answered my questions to support a BIG NO! Seller motivation missing, competitive price missing, tenant occupied means access limited. Why waste time?
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
1,543,823
90 days are my typical, if the market and the price is right, 60 is doable but 30 is unrealistic. What does a condo have to do with it?
-
Valeria Mola
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
3,416,038
I alway try for 6 months, i will take 3 months an dthink hard about 2 months. 30 days is not enough unless priced under market value and vacant for me to put real money and time into it
-
Valeria Mola
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Bob "RealMan" Timm
Minot, ND
5,772,575
Valeria,
I agree with Evelina Tsigelnitskaya A
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
4,319,419
Valeria Mola - depends on the stats in that market and seller's willingness to list the condo at right price or slightly below market value.
Good Luck.
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
1,622,432
it is for you to decide. It is not just about price of RE.
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
4,160,899
Valeria Mola it depends on the local market. However, this listing can be challenging.
-
Valeria Mola
Sunny Isles Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
247,599
If it was priced right, sure.
-
Valeria Mola
Sunny Isles Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Bob "RealMan" Timm
Minot, ND
2,781,173
Its not a lipsmacker....Has to have more flavor to make the effort pay off
-
Valeria Mola
Sunny Isles Beach, FL
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
249,105
If it's priced below market value, heck yeah! It will have multiple offers within the first day.
-
Bob "RealMan" Timm
Minot, ND
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
3,986,258
Depends on the history of the building
-
Bob "RealMan" Timm
Minot, ND
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
1,725,996
Sounds like a loser right out of the box
-
Bob "RealMan" Timm
Minot, ND
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
140,560
Probably wouldn't need to becuase I can overcome that objection.
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Bob "RealMan" Timm
Minot, ND
1,239,901
YOu never know may be you get a buyer on 61st day after expiration and seller will give you a gift card.....
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Bob "RealMan" Timm
Minot, ND
-
Raj Taj
Lake Bluff, IL
3,164,294
1,311,397
I would take the listing if it is priced right, Valeria Mola. Does not seem to me you have described the circumstances that I would embrace.
-
Bob "RealMan" Timm
Minot, ND
-
Valeria Mola
Sunny Isles Beach, FL
1,598,452
5,868,554
I would be sure I could sell it. My shortest time is usually 3 months.
-
Valeria Mola
Sunny Isles Beach, FL
989,652
Sure if they price it the way I want not the way they want! And I'll sell it in less than 30 days
-
Bob "RealMan" Timm
Minot, ND
4,434,127