Home › Forums › Closed Forums › Properties or Areas › Future of Santa Luz – 92127?
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June 12, 2011 at 12:08 PM #703927June 12, 2011 at 8:36 PM #702845earlyretirementParticipant
[quote=ocrenter]
Assuming purchase price of a million, your realtor should be able to pull in 30k with this transaction. Getting a 100 page document to you via e-mail is really the least she can do.
Btw, congrats![/quote]
Thanks! Yes, we’re really excited. I’m quite confident that prices will continue tp fall throughout this year and my offer reflected that. Yeah, the purchase price is a wee bit under a million bucks. But my realtor isn’t getting all of the commission.
Since I did all of the research and due diligence and I am a very experienced real estate investor, I told the realtor that I’d either go through Redfin or she could rebate the same amount as Redfin. So part of the commission will get rebated back to me at closing.
Really I think that is the direction of things to come heading into the next decade. I really think the more traditional realtor business model will change. I truly believe now that technology is so great and most of the information you can get online, people will move more towards that model.
I have several clients (investors) that have done the same thing. They have either approached a traditional realtor or went to the listing realtor and demanded a portion of the realtor’s fee to get credited at the closing. I really think more buyers need to do that. Of course it’s the buyer’s agent’s choice if they want to go along with that or not. But I can tell you there are plenty of agents out there that are willing to do this. This really is the direction the market is heading with all the technology out there.
Yeah, I agree that getting a hard copy is always good as it’s easier to read but I only worried about getting it quickly as I’m traveling around Hawaii this entire month.
I’m just waiting on the inspection this week. Hopefully everything goes ok with the inspection and if so…should be a quick closing in a few weeks.
Thanks to all of you that had such helpful information on Santaluz. We’re really looking forward to living there and being part of the community there.
June 12, 2011 at 8:36 PM #702943earlyretirementParticipant[quote=ocrenter]
Assuming purchase price of a million, your realtor should be able to pull in 30k with this transaction. Getting a 100 page document to you via e-mail is really the least she can do.
Btw, congrats![/quote]
Thanks! Yes, we’re really excited. I’m quite confident that prices will continue tp fall throughout this year and my offer reflected that. Yeah, the purchase price is a wee bit under a million bucks. But my realtor isn’t getting all of the commission.
Since I did all of the research and due diligence and I am a very experienced real estate investor, I told the realtor that I’d either go through Redfin or she could rebate the same amount as Redfin. So part of the commission will get rebated back to me at closing.
Really I think that is the direction of things to come heading into the next decade. I really think the more traditional realtor business model will change. I truly believe now that technology is so great and most of the information you can get online, people will move more towards that model.
I have several clients (investors) that have done the same thing. They have either approached a traditional realtor or went to the listing realtor and demanded a portion of the realtor’s fee to get credited at the closing. I really think more buyers need to do that. Of course it’s the buyer’s agent’s choice if they want to go along with that or not. But I can tell you there are plenty of agents out there that are willing to do this. This really is the direction the market is heading with all the technology out there.
Yeah, I agree that getting a hard copy is always good as it’s easier to read but I only worried about getting it quickly as I’m traveling around Hawaii this entire month.
I’m just waiting on the inspection this week. Hopefully everything goes ok with the inspection and if so…should be a quick closing in a few weeks.
Thanks to all of you that had such helpful information on Santaluz. We’re really looking forward to living there and being part of the community there.
June 12, 2011 at 8:36 PM #703534earlyretirementParticipant[quote=ocrenter]
Assuming purchase price of a million, your realtor should be able to pull in 30k with this transaction. Getting a 100 page document to you via e-mail is really the least she can do.
Btw, congrats![/quote]
Thanks! Yes, we’re really excited. I’m quite confident that prices will continue tp fall throughout this year and my offer reflected that. Yeah, the purchase price is a wee bit under a million bucks. But my realtor isn’t getting all of the commission.
Since I did all of the research and due diligence and I am a very experienced real estate investor, I told the realtor that I’d either go through Redfin or she could rebate the same amount as Redfin. So part of the commission will get rebated back to me at closing.
Really I think that is the direction of things to come heading into the next decade. I really think the more traditional realtor business model will change. I truly believe now that technology is so great and most of the information you can get online, people will move more towards that model.
I have several clients (investors) that have done the same thing. They have either approached a traditional realtor or went to the listing realtor and demanded a portion of the realtor’s fee to get credited at the closing. I really think more buyers need to do that. Of course it’s the buyer’s agent’s choice if they want to go along with that or not. But I can tell you there are plenty of agents out there that are willing to do this. This really is the direction the market is heading with all the technology out there.
Yeah, I agree that getting a hard copy is always good as it’s easier to read but I only worried about getting it quickly as I’m traveling around Hawaii this entire month.
I’m just waiting on the inspection this week. Hopefully everything goes ok with the inspection and if so…should be a quick closing in a few weeks.
Thanks to all of you that had such helpful information on Santaluz. We’re really looking forward to living there and being part of the community there.
June 12, 2011 at 8:36 PM #703682earlyretirementParticipant[quote=ocrenter]
Assuming purchase price of a million, your realtor should be able to pull in 30k with this transaction. Getting a 100 page document to you via e-mail is really the least she can do.
Btw, congrats![/quote]
Thanks! Yes, we’re really excited. I’m quite confident that prices will continue tp fall throughout this year and my offer reflected that. Yeah, the purchase price is a wee bit under a million bucks. But my realtor isn’t getting all of the commission.
Since I did all of the research and due diligence and I am a very experienced real estate investor, I told the realtor that I’d either go through Redfin or she could rebate the same amount as Redfin. So part of the commission will get rebated back to me at closing.
Really I think that is the direction of things to come heading into the next decade. I really think the more traditional realtor business model will change. I truly believe now that technology is so great and most of the information you can get online, people will move more towards that model.
I have several clients (investors) that have done the same thing. They have either approached a traditional realtor or went to the listing realtor and demanded a portion of the realtor’s fee to get credited at the closing. I really think more buyers need to do that. Of course it’s the buyer’s agent’s choice if they want to go along with that or not. But I can tell you there are plenty of agents out there that are willing to do this. This really is the direction the market is heading with all the technology out there.
Yeah, I agree that getting a hard copy is always good as it’s easier to read but I only worried about getting it quickly as I’m traveling around Hawaii this entire month.
I’m just waiting on the inspection this week. Hopefully everything goes ok with the inspection and if so…should be a quick closing in a few weeks.
Thanks to all of you that had such helpful information on Santaluz. We’re really looking forward to living there and being part of the community there.
June 12, 2011 at 8:36 PM #704042earlyretirementParticipant[quote=ocrenter]
Assuming purchase price of a million, your realtor should be able to pull in 30k with this transaction. Getting a 100 page document to you via e-mail is really the least she can do.
Btw, congrats![/quote]
Thanks! Yes, we’re really excited. I’m quite confident that prices will continue tp fall throughout this year and my offer reflected that. Yeah, the purchase price is a wee bit under a million bucks. But my realtor isn’t getting all of the commission.
Since I did all of the research and due diligence and I am a very experienced real estate investor, I told the realtor that I’d either go through Redfin or she could rebate the same amount as Redfin. So part of the commission will get rebated back to me at closing.
Really I think that is the direction of things to come heading into the next decade. I really think the more traditional realtor business model will change. I truly believe now that technology is so great and most of the information you can get online, people will move more towards that model.
I have several clients (investors) that have done the same thing. They have either approached a traditional realtor or went to the listing realtor and demanded a portion of the realtor’s fee to get credited at the closing. I really think more buyers need to do that. Of course it’s the buyer’s agent’s choice if they want to go along with that or not. But I can tell you there are plenty of agents out there that are willing to do this. This really is the direction the market is heading with all the technology out there.
Yeah, I agree that getting a hard copy is always good as it’s easier to read but I only worried about getting it quickly as I’m traveling around Hawaii this entire month.
I’m just waiting on the inspection this week. Hopefully everything goes ok with the inspection and if so…should be a quick closing in a few weeks.
Thanks to all of you that had such helpful information on Santaluz. We’re really looking forward to living there and being part of the community there.
June 13, 2011 at 6:45 AM #702865ocrenterParticipant[quote=earlyretirement]
Thanks! Yes, we’re really excited. I’m quite confident that prices will continue tp fall throughout this year and my offer reflected that. Yeah, the purchase price is a wee bit under a million bucks. But my realtor isn’t getting all of the commission.
Since I did all of the research and due diligence and I am a very experienced real estate investor, I told the realtor that I’d either go through Redfin or she could rebate the same amount as Redfin. So part of the commission will get rebated back to me at closing.
Really I think that is the direction of things to come heading into the next decade. I really think the more traditional realtor business model will change. I truly believe now that technology is so great and most of the information you can get online, people will move more towards that model.
I have several clients (investors) that have done the same thing. They have either approached a traditional realtor or went to the listing realtor and demanded a portion of the realtor’s fee to get credited at the closing. I really think more buyers need to do that. Of course it’s the buyer’s agent’s choice if they want to go along with that or not. But I can tell you there are plenty of agents out there that are willing to do this. This really is the direction the market is heading with all the technology out there.
Yeah, I agree that getting a hard copy is always good as it’s easier to read but I only worried about getting it quickly as I’m traveling around Hawaii this entire month.
I’m just waiting on the inspection this week. Hopefully everything goes ok with the inspection and if so…should be a quick closing in a few weeks.
Thanks to all of you that had such helpful information on Santaluz. We’re really looking forward to living there and being part of the community there.[/quote]
I agree, the 6% was from a bye gone era when realtors had exclusive copies of new listings that they would only share with their clients. Because they were the only ones with the guarded listing, they “did the research.” These days, most of us do our own search, do our own driving, and the majority of the realtors simply are reduced to filling out forms and delivering the keys.
I can certainly see a few realtors being able to keep that 6% model going by offering above and beyond service for a selected group of clients. but the great majority will have to go down the redfin/ziprealty route of a simple fee for filling forms and opening doors to targeted listings.
btw, as long as you know where you will be traveling, it should not be too hard to arrange FedEx 1-2 day service and get the hard copy paperwork.
June 13, 2011 at 6:45 AM #702963ocrenterParticipant[quote=earlyretirement]
Thanks! Yes, we’re really excited. I’m quite confident that prices will continue tp fall throughout this year and my offer reflected that. Yeah, the purchase price is a wee bit under a million bucks. But my realtor isn’t getting all of the commission.
Since I did all of the research and due diligence and I am a very experienced real estate investor, I told the realtor that I’d either go through Redfin or she could rebate the same amount as Redfin. So part of the commission will get rebated back to me at closing.
Really I think that is the direction of things to come heading into the next decade. I really think the more traditional realtor business model will change. I truly believe now that technology is so great and most of the information you can get online, people will move more towards that model.
I have several clients (investors) that have done the same thing. They have either approached a traditional realtor or went to the listing realtor and demanded a portion of the realtor’s fee to get credited at the closing. I really think more buyers need to do that. Of course it’s the buyer’s agent’s choice if they want to go along with that or not. But I can tell you there are plenty of agents out there that are willing to do this. This really is the direction the market is heading with all the technology out there.
Yeah, I agree that getting a hard copy is always good as it’s easier to read but I only worried about getting it quickly as I’m traveling around Hawaii this entire month.
I’m just waiting on the inspection this week. Hopefully everything goes ok with the inspection and if so…should be a quick closing in a few weeks.
Thanks to all of you that had such helpful information on Santaluz. We’re really looking forward to living there and being part of the community there.[/quote]
I agree, the 6% was from a bye gone era when realtors had exclusive copies of new listings that they would only share with their clients. Because they were the only ones with the guarded listing, they “did the research.” These days, most of us do our own search, do our own driving, and the majority of the realtors simply are reduced to filling out forms and delivering the keys.
I can certainly see a few realtors being able to keep that 6% model going by offering above and beyond service for a selected group of clients. but the great majority will have to go down the redfin/ziprealty route of a simple fee for filling forms and opening doors to targeted listings.
btw, as long as you know where you will be traveling, it should not be too hard to arrange FedEx 1-2 day service and get the hard copy paperwork.
June 13, 2011 at 6:45 AM #703554ocrenterParticipant[quote=earlyretirement]
Thanks! Yes, we’re really excited. I’m quite confident that prices will continue tp fall throughout this year and my offer reflected that. Yeah, the purchase price is a wee bit under a million bucks. But my realtor isn’t getting all of the commission.
Since I did all of the research and due diligence and I am a very experienced real estate investor, I told the realtor that I’d either go through Redfin or she could rebate the same amount as Redfin. So part of the commission will get rebated back to me at closing.
Really I think that is the direction of things to come heading into the next decade. I really think the more traditional realtor business model will change. I truly believe now that technology is so great and most of the information you can get online, people will move more towards that model.
I have several clients (investors) that have done the same thing. They have either approached a traditional realtor or went to the listing realtor and demanded a portion of the realtor’s fee to get credited at the closing. I really think more buyers need to do that. Of course it’s the buyer’s agent’s choice if they want to go along with that or not. But I can tell you there are plenty of agents out there that are willing to do this. This really is the direction the market is heading with all the technology out there.
Yeah, I agree that getting a hard copy is always good as it’s easier to read but I only worried about getting it quickly as I’m traveling around Hawaii this entire month.
I’m just waiting on the inspection this week. Hopefully everything goes ok with the inspection and if so…should be a quick closing in a few weeks.
Thanks to all of you that had such helpful information on Santaluz. We’re really looking forward to living there and being part of the community there.[/quote]
I agree, the 6% was from a bye gone era when realtors had exclusive copies of new listings that they would only share with their clients. Because they were the only ones with the guarded listing, they “did the research.” These days, most of us do our own search, do our own driving, and the majority of the realtors simply are reduced to filling out forms and delivering the keys.
I can certainly see a few realtors being able to keep that 6% model going by offering above and beyond service for a selected group of clients. but the great majority will have to go down the redfin/ziprealty route of a simple fee for filling forms and opening doors to targeted listings.
btw, as long as you know where you will be traveling, it should not be too hard to arrange FedEx 1-2 day service and get the hard copy paperwork.
June 13, 2011 at 6:45 AM #703702ocrenterParticipant[quote=earlyretirement]
Thanks! Yes, we’re really excited. I’m quite confident that prices will continue tp fall throughout this year and my offer reflected that. Yeah, the purchase price is a wee bit under a million bucks. But my realtor isn’t getting all of the commission.
Since I did all of the research and due diligence and I am a very experienced real estate investor, I told the realtor that I’d either go through Redfin or she could rebate the same amount as Redfin. So part of the commission will get rebated back to me at closing.
Really I think that is the direction of things to come heading into the next decade. I really think the more traditional realtor business model will change. I truly believe now that technology is so great and most of the information you can get online, people will move more towards that model.
I have several clients (investors) that have done the same thing. They have either approached a traditional realtor or went to the listing realtor and demanded a portion of the realtor’s fee to get credited at the closing. I really think more buyers need to do that. Of course it’s the buyer’s agent’s choice if they want to go along with that or not. But I can tell you there are plenty of agents out there that are willing to do this. This really is the direction the market is heading with all the technology out there.
Yeah, I agree that getting a hard copy is always good as it’s easier to read but I only worried about getting it quickly as I’m traveling around Hawaii this entire month.
I’m just waiting on the inspection this week. Hopefully everything goes ok with the inspection and if so…should be a quick closing in a few weeks.
Thanks to all of you that had such helpful information on Santaluz. We’re really looking forward to living there and being part of the community there.[/quote]
I agree, the 6% was from a bye gone era when realtors had exclusive copies of new listings that they would only share with their clients. Because they were the only ones with the guarded listing, they “did the research.” These days, most of us do our own search, do our own driving, and the majority of the realtors simply are reduced to filling out forms and delivering the keys.
I can certainly see a few realtors being able to keep that 6% model going by offering above and beyond service for a selected group of clients. but the great majority will have to go down the redfin/ziprealty route of a simple fee for filling forms and opening doors to targeted listings.
btw, as long as you know where you will be traveling, it should not be too hard to arrange FedEx 1-2 day service and get the hard copy paperwork.
June 13, 2011 at 6:45 AM #704062ocrenterParticipant[quote=earlyretirement]
Thanks! Yes, we’re really excited. I’m quite confident that prices will continue tp fall throughout this year and my offer reflected that. Yeah, the purchase price is a wee bit under a million bucks. But my realtor isn’t getting all of the commission.
Since I did all of the research and due diligence and I am a very experienced real estate investor, I told the realtor that I’d either go through Redfin or she could rebate the same amount as Redfin. So part of the commission will get rebated back to me at closing.
Really I think that is the direction of things to come heading into the next decade. I really think the more traditional realtor business model will change. I truly believe now that technology is so great and most of the information you can get online, people will move more towards that model.
I have several clients (investors) that have done the same thing. They have either approached a traditional realtor or went to the listing realtor and demanded a portion of the realtor’s fee to get credited at the closing. I really think more buyers need to do that. Of course it’s the buyer’s agent’s choice if they want to go along with that or not. But I can tell you there are plenty of agents out there that are willing to do this. This really is the direction the market is heading with all the technology out there.
Yeah, I agree that getting a hard copy is always good as it’s easier to read but I only worried about getting it quickly as I’m traveling around Hawaii this entire month.
I’m just waiting on the inspection this week. Hopefully everything goes ok with the inspection and if so…should be a quick closing in a few weeks.
Thanks to all of you that had such helpful information on Santaluz. We’re really looking forward to living there and being part of the community there.[/quote]
I agree, the 6% was from a bye gone era when realtors had exclusive copies of new listings that they would only share with their clients. Because they were the only ones with the guarded listing, they “did the research.” These days, most of us do our own search, do our own driving, and the majority of the realtors simply are reduced to filling out forms and delivering the keys.
I can certainly see a few realtors being able to keep that 6% model going by offering above and beyond service for a selected group of clients. but the great majority will have to go down the redfin/ziprealty route of a simple fee for filling forms and opening doors to targeted listings.
btw, as long as you know where you will be traveling, it should not be too hard to arrange FedEx 1-2 day service and get the hard copy paperwork.
June 26, 2011 at 12:47 AM #706029earlyretirementParticipantFYI…I did get them to email me PDF’s of all the HOA rules and regulations, CC&R’s and the last year’s worth of association board meetings and minutes as well as full finances and accounting certification of operating expense and reserve fund budgeting. Man there are a lot of rules in Santaluz!
But the way I figure it…it will lead to a better quality of life having those kinds of rules and almost all of them are things I wouldn’t want to see anyway as a neighbor.
The only thing after reading all of them is they really seem hardcore on fines. Have any of you that live there ever gotten fined for anything?
I’m curious how they even monitor speeding there within the grounds. Fines look steep there so it got me curious how they even enforce the speeding there?
I also found it interesting that they budgeted for the 2011-2012 year for landscaping and lot maintenance almost $1 million. As well as $764,000 on security services for the year. A good chunk of change…. I’ll also have to do a bit more research on what goes into this “discretionary spending” which they budgeted $266,000 for this year.
June 26, 2011 at 12:47 AM #706128earlyretirementParticipantFYI…I did get them to email me PDF’s of all the HOA rules and regulations, CC&R’s and the last year’s worth of association board meetings and minutes as well as full finances and accounting certification of operating expense and reserve fund budgeting. Man there are a lot of rules in Santaluz!
But the way I figure it…it will lead to a better quality of life having those kinds of rules and almost all of them are things I wouldn’t want to see anyway as a neighbor.
The only thing after reading all of them is they really seem hardcore on fines. Have any of you that live there ever gotten fined for anything?
I’m curious how they even monitor speeding there within the grounds. Fines look steep there so it got me curious how they even enforce the speeding there?
I also found it interesting that they budgeted for the 2011-2012 year for landscaping and lot maintenance almost $1 million. As well as $764,000 on security services for the year. A good chunk of change…. I’ll also have to do a bit more research on what goes into this “discretionary spending” which they budgeted $266,000 for this year.
June 26, 2011 at 12:47 AM #706725earlyretirementParticipantFYI…I did get them to email me PDF’s of all the HOA rules and regulations, CC&R’s and the last year’s worth of association board meetings and minutes as well as full finances and accounting certification of operating expense and reserve fund budgeting. Man there are a lot of rules in Santaluz!
But the way I figure it…it will lead to a better quality of life having those kinds of rules and almost all of them are things I wouldn’t want to see anyway as a neighbor.
The only thing after reading all of them is they really seem hardcore on fines. Have any of you that live there ever gotten fined for anything?
I’m curious how they even monitor speeding there within the grounds. Fines look steep there so it got me curious how they even enforce the speeding there?
I also found it interesting that they budgeted for the 2011-2012 year for landscaping and lot maintenance almost $1 million. As well as $764,000 on security services for the year. A good chunk of change…. I’ll also have to do a bit more research on what goes into this “discretionary spending” which they budgeted $266,000 for this year.
June 26, 2011 at 12:47 AM #706876earlyretirementParticipantFYI…I did get them to email me PDF’s of all the HOA rules and regulations, CC&R’s and the last year’s worth of association board meetings and minutes as well as full finances and accounting certification of operating expense and reserve fund budgeting. Man there are a lot of rules in Santaluz!
But the way I figure it…it will lead to a better quality of life having those kinds of rules and almost all of them are things I wouldn’t want to see anyway as a neighbor.
The only thing after reading all of them is they really seem hardcore on fines. Have any of you that live there ever gotten fined for anything?
I’m curious how they even monitor speeding there within the grounds. Fines look steep there so it got me curious how they even enforce the speeding there?
I also found it interesting that they budgeted for the 2011-2012 year for landscaping and lot maintenance almost $1 million. As well as $764,000 on security services for the year. A good chunk of change…. I’ll also have to do a bit more research on what goes into this “discretionary spending” which they budgeted $266,000 for this year.
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