You will never find these prices and mortgage rates during your lifetime if history and trends are correct. Since I have been thru several downturns in my life the only truth I know is they end when everyone feels and says the end is near woe to us all. I don't know if were at the bottom of this downturn but its close. Even if prices fall further the bargains are out there. Lease/rent with option to buy is you still disagree.
Good Luck and remember you live and work in the greatest nation with the strongest economy have faith. - Sat Apr 26 2008, 12:24
it isn't a headache when you had this agent take you around to represent you. My mother always said if you have to ask if its right or wrong its probably wrong. How would you feel if at your job you developed something for your boss and then were bypassed and removed from the process. We are licensed professionals and have rules and regulations to adhere to and this agent Represents you let them do there job maybe you'll be surprised. I am not an agent in PA but feel strongly about my chosen profession and my peers. - Wed Mar 26 2008, 17:42
Isn't it funny that even in this market all people see is the commission. When the supply is high someone should do everything possible to get a buyer and reward the agent. A higher commission almost guarantees maximum showings. If you get no offers then your property has a problem, is mispriced or the amount og buyer in your area is so low that you will need to be patient. I am selling my own property and offering a 3.25% commission to the selling agent. I need to maximize showings from the buying pool and every agent who has a client will show mine before they show a 2% property, wouldn't you.
Good agents don't even care about open listings with the supply were it is we have plenty of properties to sell even for a steak sandwich. Thats why most FSBOS become clients it just a matter of time until you realize how important good agents are. - Mon Mar 24 2008, 21:37
look at public section of mls and look under DOM days on market. However realize that by withdrawing and relisting the day count starts all over again. At the end of the day the seller must accept your offer and trying to phycologically outmanuver another person motives or methodology is a waste of time. Offer what you think the property is worth or what your willing to pay and await sellers response.
The building could be for sale for 10 years and the seller may have paid a dollar for it that still doen't mean they are willing to give it away. prepare a written offer if it isn't accepted modify your offer and look towards another investment.
Realtors are there to be bothered thats our job to provide dervice use your agent. - Mon Mar 24 2008, 21:29
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