Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips


Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Topic Options
#234666 - 06/25/08 03:04 PM High End Rehab special incentives
Friamin Offline
Junior Member

Registered: 06/25/08
Posts: 4
Loc: New Jersey
A friend of mine has a high end ocean front home that needs some interior work and a new roof. The Broker Price Opinion is valued at $3,100,000. He is only asking $1,995,000. He is a motivated seller because he has some health issues. Any advice would be welcome. Brokers can check the MLS for special information T2317838.
http://www.cyberpwr.com

Top
#237821 - 07/14/08 12:46 PM Re: High End Rehab special incentives [Re: Friamin]
Cave Man Offline
Member

Registered: 11/16/07
Posts: 312
Loc: CA
Are you the listing agent? I seriously doubt that a "friend" of the owner would go onto a website agents use to exchange ideas with one another to make their very first post and reference the MLS number of the property.

If you are not the listing agent (as I suspect you are), then the owner should speak with the listing agent to see what marketing efforts are being made and if the efforts are unimpressive, ask the listing broker to release the listing and change agents.

Top
#238628 - 07/17/08 08:07 PM Re: High End Rehab special incentives [Re: Cave Man]
Friamin Offline
Junior Member

Registered: 06/25/08
Posts: 4
Loc: New Jersey
I am not the listing agent. I am not a real estate agent. I am a friend of the owner. There is no listing agent for the property. There are ways to get your property on the MLS without having a listing agent.
What better place to introduce a property that presents an opportunity for a broker to make over $100,000 on one sale? Obviously you don't recognize the value in this and prefer to be judgmental when you should be looking for an opportunity to make a sale. I welcome your suggestions as I intimated in my original post. Your advice was not helpful.
Thank You
Kevin

Top
#238632 - 07/17/08 08:27 PM Re: High End Rehab special incentives [Re: Friamin]
Friamin Offline
Junior Member

Registered: 06/25/08
Posts: 4
Loc: New Jersey
mid Florida MLS

Top
#238742 - 07/18/08 11:41 AM Re: High End Rehab special incentives [Re: Friamin]
super realtor Online   content
Major Contributor

Registered: 05/01/05
Posts: 5331
Loc: georgia
He wouldn't have a BPO on it unless he was trying for a short sale.

Bpo's are for loan samplings,pmi drops,pre-foreclosures,reo valuations, property checkups.

Unless he paid a bpo mill to have one performed on his property.

Was the bpo exterior or interior. If it was exterior the values are definetely off as interior condition wasn't noted.

If it really is that much and the friend is in bad health and has more equity than energy list it with a qualified broker.

Selling agents don't want a fsbo as they will do both sides of the deal for half the commission.

Your link had a bunch of junk about the property but I didn't see pics,or any usefull info. Having a pop-up is not a good idea either as it won't load on computers with pop-up blockers.

Top
#238755 - 07/18/08 12:49 PM Re: High End Rehab special incentives [Re: super realtor]
Friamin Offline
Junior Member

Registered: 06/25/08
Posts: 4
Loc: New Jersey
Now that was helpful.
Thank You super realtor

Top


Moderator:  Jim Erickson, Jim Lee 
Newest Members
YourNetGuy, Timothy Evans, Donald Trump, Jesse Title Guy, Moe
12453 Registered Users
Who's Online
16 registered (Andrea C, BPO guy, Calzone, CandyMan, Desertreo, 2 invisible), 31 Guests and 5 Spiders online.
Key: Admin, Global Mod, Mod
Search

Shout Box

Good Ideas
Nusetlock.com




Energized Seller




Realtor Websites




Sponsors


Real Estate Careers, Get Certified. Improve your BPO business., How To Advertise Here


This site presented by RNC Internet Services