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  • May 7, 2009 at 12:22 PM #394745
    5yearwaiter
    Participant

    [quote=urbanrealtor]Full disclosure: I don’t actually have inside info here.

    It looks to me like the list price was perpetually too high.
    This deal was double ended which means the listing agent brought their own buyer.
    It was also a short sale.
    My guess is that the agent knew what the bank would likely accept and convinced his buyer to make a lowball knowing that he could slam it through the bank.
    Then he left the price high while his patient buyer waited for the bank negotiations to play out.
    There are no victims here but I think its a little unfair to leave a price noticeably above what you know the bank will accept.

    My 2 bits.[/quote]

    How you get listing agent when you find property?

    May 7, 2009 at 2:57 PM #394870
    SD Realtor
    Participant

    5year you can drive by the home to get the number of the listing agent. If you see the home on realtor.com or anywhere else, the listing agent contact info is usually there.

    Funny how this is a Century 21 deal and the shenanigans post I put up recently was another Century 21 deal. Im not saying anything, I am just sayin….

    May 7, 2009 at 2:57 PM #395282
    SD Realtor
    Participant

    5year you can drive by the home to get the number of the listing agent. If you see the home on realtor.com or anywhere else, the listing agent contact info is usually there.

    Funny how this is a Century 21 deal and the shenanigans post I put up recently was another Century 21 deal. Im not saying anything, I am just sayin….

    May 7, 2009 at 2:57 PM #395140
    SD Realtor
    Participant

    5year you can drive by the home to get the number of the listing agent. If you see the home on realtor.com or anywhere else, the listing agent contact info is usually there.

    Funny how this is a Century 21 deal and the shenanigans post I put up recently was another Century 21 deal. Im not saying anything, I am just sayin….

    May 7, 2009 at 2:57 PM #394615
    SD Realtor
    Participant

    5year you can drive by the home to get the number of the listing agent. If you see the home on realtor.com or anywhere else, the listing agent contact info is usually there.

    Funny how this is a Century 21 deal and the shenanigans post I put up recently was another Century 21 deal. Im not saying anything, I am just sayin….

    May 7, 2009 at 2:57 PM #395087
    SD Realtor
    Participant

    5year you can drive by the home to get the number of the listing agent. If you see the home on realtor.com or anywhere else, the listing agent contact info is usually there.

    Funny how this is a Century 21 deal and the shenanigans post I put up recently was another Century 21 deal. Im not saying anything, I am just sayin….

    May 7, 2009 at 3:54 PM #394915
    5yearwaiter
    Participant

    [quote=SD Realtor]5year you can drive by the home to get the number of the listing agent. If you see the home on realtor.com or anywhere else, the listing agent contact info is usually there.

    Funny how this is a Century 21 deal and the shenanigans post I put up recently was another Century 21 deal. Im not saying anything, I am just sayin….

    [/quote]

    SDrealtor : How this might have gone such a killer deal? What’s your theory on this SOLD? are you agree the info from Urbanrealtor’s thoughts on this SOLD one?

    May 7, 2009 at 3:54 PM #395326
    5yearwaiter
    Participant

    [quote=SD Realtor]5year you can drive by the home to get the number of the listing agent. If you see the home on realtor.com or anywhere else, the listing agent contact info is usually there.

    Funny how this is a Century 21 deal and the shenanigans post I put up recently was another Century 21 deal. Im not saying anything, I am just sayin….

    [/quote]

    SDrealtor : How this might have gone such a killer deal? What’s your theory on this SOLD? are you agree the info from Urbanrealtor’s thoughts on this SOLD one?

    May 7, 2009 at 3:54 PM #395185
    5yearwaiter
    Participant

    [quote=SD Realtor]5year you can drive by the home to get the number of the listing agent. If you see the home on realtor.com or anywhere else, the listing agent contact info is usually there.

    Funny how this is a Century 21 deal and the shenanigans post I put up recently was another Century 21 deal. Im not saying anything, I am just sayin….

    [/quote]

    SDrealtor : How this might have gone such a killer deal? What’s your theory on this SOLD? are you agree the info from Urbanrealtor’s thoughts on this SOLD one?

    May 7, 2009 at 3:54 PM #395132
    5yearwaiter
    Participant

    [quote=SD Realtor]5year you can drive by the home to get the number of the listing agent. If you see the home on realtor.com or anywhere else, the listing agent contact info is usually there.

    Funny how this is a Century 21 deal and the shenanigans post I put up recently was another Century 21 deal. Im not saying anything, I am just sayin….

    [/quote]

    SDrealtor : How this might have gone such a killer deal? What’s your theory on this SOLD? are you agree the info from Urbanrealtor’s thoughts on this SOLD one?

    May 7, 2009 at 3:54 PM #394660
    5yearwaiter
    Participant

    [quote=SD Realtor]5year you can drive by the home to get the number of the listing agent. If you see the home on realtor.com or anywhere else, the listing agent contact info is usually there.

    Funny how this is a Century 21 deal and the shenanigans post I put up recently was another Century 21 deal. Im not saying anything, I am just sayin….

    [/quote]

    SDrealtor : How this might have gone such a killer deal? What’s your theory on this SOLD? are you agree the info from Urbanrealtor’s thoughts on this SOLD one?

    May 7, 2009 at 4:13 PM #395137
    SD Realtor
    Participant

    Well from a ppsf persective yeah it is not a bad deal but do you know the area? I actually like Sunrise Canyon ALOT but that is the north side of Poway Road not the south side.

    Anyways for what it is worth I called the listing agent…

    1 – The listing agent had 2-3 offers previously into the lender where those buyers walked away. Those offers were higher then the SOLD offer and he had approval for them but they walked for various reasons that included remediation needed on the home.

    2 – The buyer did end up kicking about 7k to the second note holder to get them to release the lien. Not refected in the price.

    3 – The buyer had to pay for all termite remediation, another 4k.

    4 – The home has several major problems with it in the kitchen and floor.

    Again, this is all according to the listing agent. Take it for what it is worth but IMO this agent seemed to be pretty honest over the phone. What do I know though?

    Anyways 5year, this guy seemed to be on the up and up and I think he was telling the truth. He said after the offer was accepted and they got into escrow he said he could have definitely gotten alot more considering the market conditions but this buyer came in right before the big wave hit. Sounded like he had approval in early March or late Feb and by the time he got the written lien releases from each lender it was mid March.

    May 7, 2009 at 4:13 PM #394920
    SD Realtor
    Participant

    Well from a ppsf persective yeah it is not a bad deal but do you know the area? I actually like Sunrise Canyon ALOT but that is the north side of Poway Road not the south side.

    Anyways for what it is worth I called the listing agent…

    1 – The listing agent had 2-3 offers previously into the lender where those buyers walked away. Those offers were higher then the SOLD offer and he had approval for them but they walked for various reasons that included remediation needed on the home.

    2 – The buyer did end up kicking about 7k to the second note holder to get them to release the lien. Not refected in the price.

    3 – The buyer had to pay for all termite remediation, another 4k.

    4 – The home has several major problems with it in the kitchen and floor.

    Again, this is all according to the listing agent. Take it for what it is worth but IMO this agent seemed to be pretty honest over the phone. What do I know though?

    Anyways 5year, this guy seemed to be on the up and up and I think he was telling the truth. He said after the offer was accepted and they got into escrow he said he could have definitely gotten alot more considering the market conditions but this buyer came in right before the big wave hit. Sounded like he had approval in early March or late Feb and by the time he got the written lien releases from each lender it was mid March.

    May 7, 2009 at 4:13 PM #394665
    SD Realtor
    Participant

    Well from a ppsf persective yeah it is not a bad deal but do you know the area? I actually like Sunrise Canyon ALOT but that is the north side of Poway Road not the south side.

    Anyways for what it is worth I called the listing agent…

    1 – The listing agent had 2-3 offers previously into the lender where those buyers walked away. Those offers were higher then the SOLD offer and he had approval for them but they walked for various reasons that included remediation needed on the home.

    2 – The buyer did end up kicking about 7k to the second note holder to get them to release the lien. Not refected in the price.

    3 – The buyer had to pay for all termite remediation, another 4k.

    4 – The home has several major problems with it in the kitchen and floor.

    Again, this is all according to the listing agent. Take it for what it is worth but IMO this agent seemed to be pretty honest over the phone. What do I know though?

    Anyways 5year, this guy seemed to be on the up and up and I think he was telling the truth. He said after the offer was accepted and they got into escrow he said he could have definitely gotten alot more considering the market conditions but this buyer came in right before the big wave hit. Sounded like he had approval in early March or late Feb and by the time he got the written lien releases from each lender it was mid March.

    May 7, 2009 at 4:13 PM #395190
    SD Realtor
    Participant

    Well from a ppsf persective yeah it is not a bad deal but do you know the area? I actually like Sunrise Canyon ALOT but that is the north side of Poway Road not the south side.

    Anyways for what it is worth I called the listing agent…

    1 – The listing agent had 2-3 offers previously into the lender where those buyers walked away. Those offers were higher then the SOLD offer and he had approval for them but they walked for various reasons that included remediation needed on the home.

    2 – The buyer did end up kicking about 7k to the second note holder to get them to release the lien. Not refected in the price.

    3 – The buyer had to pay for all termite remediation, another 4k.

    4 – The home has several major problems with it in the kitchen and floor.

    Again, this is all according to the listing agent. Take it for what it is worth but IMO this agent seemed to be pretty honest over the phone. What do I know though?

    Anyways 5year, this guy seemed to be on the up and up and I think he was telling the truth. He said after the offer was accepted and they got into escrow he said he could have definitely gotten alot more considering the market conditions but this buyer came in right before the big wave hit. Sounded like he had approval in early March or late Feb and by the time he got the written lien releases from each lender it was mid March.

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