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bearishgurl
ParticipantAmen, sdr. And, what kind of terms will a “walk-away” get on their “next” home loan? And, how much will it cost? That’s what I’d like to see – in writing – with the underwriter’s signature. Thank you and good night!
bearishgurl
ParticipantAmen, sdr. And, what kind of terms will a “walk-away” get on their “next” home loan? And, how much will it cost? That’s what I’d like to see – in writing – with the underwriter’s signature. Thank you and good night!
bearishgurl
Participantelzocalo2, even though it doesn’t give buyer’s names, your link is awesome, thank you! It even gives the APN number of the sale!
bearishgurl
Participantelzocalo2, even though it doesn’t give buyer’s names, your link is awesome, thank you! It even gives the APN number of the sale!
bearishgurl
Participantelzocalo2, even though it doesn’t give buyer’s names, your link is awesome, thank you! It even gives the APN number of the sale!
bearishgurl
Participantelzocalo2, even though it doesn’t give buyer’s names, your link is awesome, thank you! It even gives the APN number of the sale!
bearishgurl
Participantelzocalo2, even though it doesn’t give buyer’s names, your link is awesome, thank you! It even gives the APN number of the sale!
bearishgurl
Participant[quote=susanyang]I never ask my clients to sign exclusive buyer broker agreement. I have had five clients bailed out on me since I started working as a Realtor in 2007. I must not be cut out for this business.[/quote]
susanyang, this only happened to me ONCE, prior to the institution of the buyer-broker agency agreement. I worked over 150 hours for a buyer who purchased a property I initially showed him from another agent. I can’t say how here, but he got his Karma in the end. Since this agreement was instituted, I have insisted on using it when I have worked with buyers. I would NOT work with a buyer if they didn’t give me at least 90 days. If they balked and went with an agent who will not require this, so be it.
There’s a saying that one out of every five Californians possess a RE license so we’re all “bumping into each other.” Of course, there are WIDELY varying degrees out there of competency, experience and expert knowledge of inventory, tracts, subdivisions and areas.
The most established agents in my area not only have a bilingual staff and/or bilingual buyer’s agents working under them, they will NOT agree to list a property until the owner agrees separately to use THEIR referrals to clean and/or stage it prior to putting it on the MLS. Two of my “pack-rat” neighbors have recently been turned down for listings.
To each his own. Some RE clients don’t care about the agent’s competency, they just want to give their business to a good friend or relative.
bearishgurl
Participant[quote=susanyang]I never ask my clients to sign exclusive buyer broker agreement. I have had five clients bailed out on me since I started working as a Realtor in 2007. I must not be cut out for this business.[/quote]
susanyang, this only happened to me ONCE, prior to the institution of the buyer-broker agency agreement. I worked over 150 hours for a buyer who purchased a property I initially showed him from another agent. I can’t say how here, but he got his Karma in the end. Since this agreement was instituted, I have insisted on using it when I have worked with buyers. I would NOT work with a buyer if they didn’t give me at least 90 days. If they balked and went with an agent who will not require this, so be it.
There’s a saying that one out of every five Californians possess a RE license so we’re all “bumping into each other.” Of course, there are WIDELY varying degrees out there of competency, experience and expert knowledge of inventory, tracts, subdivisions and areas.
The most established agents in my area not only have a bilingual staff and/or bilingual buyer’s agents working under them, they will NOT agree to list a property until the owner agrees separately to use THEIR referrals to clean and/or stage it prior to putting it on the MLS. Two of my “pack-rat” neighbors have recently been turned down for listings.
To each his own. Some RE clients don’t care about the agent’s competency, they just want to give their business to a good friend or relative.
bearishgurl
Participant[quote=susanyang]I never ask my clients to sign exclusive buyer broker agreement. I have had five clients bailed out on me since I started working as a Realtor in 2007. I must not be cut out for this business.[/quote]
susanyang, this only happened to me ONCE, prior to the institution of the buyer-broker agency agreement. I worked over 150 hours for a buyer who purchased a property I initially showed him from another agent. I can’t say how here, but he got his Karma in the end. Since this agreement was instituted, I have insisted on using it when I have worked with buyers. I would NOT work with a buyer if they didn’t give me at least 90 days. If they balked and went with an agent who will not require this, so be it.
There’s a saying that one out of every five Californians possess a RE license so we’re all “bumping into each other.” Of course, there are WIDELY varying degrees out there of competency, experience and expert knowledge of inventory, tracts, subdivisions and areas.
The most established agents in my area not only have a bilingual staff and/or bilingual buyer’s agents working under them, they will NOT agree to list a property until the owner agrees separately to use THEIR referrals to clean and/or stage it prior to putting it on the MLS. Two of my “pack-rat” neighbors have recently been turned down for listings.
To each his own. Some RE clients don’t care about the agent’s competency, they just want to give their business to a good friend or relative.
bearishgurl
Participant[quote=susanyang]I never ask my clients to sign exclusive buyer broker agreement. I have had five clients bailed out on me since I started working as a Realtor in 2007. I must not be cut out for this business.[/quote]
susanyang, this only happened to me ONCE, prior to the institution of the buyer-broker agency agreement. I worked over 150 hours for a buyer who purchased a property I initially showed him from another agent. I can’t say how here, but he got his Karma in the end. Since this agreement was instituted, I have insisted on using it when I have worked with buyers. I would NOT work with a buyer if they didn’t give me at least 90 days. If they balked and went with an agent who will not require this, so be it.
There’s a saying that one out of every five Californians possess a RE license so we’re all “bumping into each other.” Of course, there are WIDELY varying degrees out there of competency, experience and expert knowledge of inventory, tracts, subdivisions and areas.
The most established agents in my area not only have a bilingual staff and/or bilingual buyer’s agents working under them, they will NOT agree to list a property until the owner agrees separately to use THEIR referrals to clean and/or stage it prior to putting it on the MLS. Two of my “pack-rat” neighbors have recently been turned down for listings.
To each his own. Some RE clients don’t care about the agent’s competency, they just want to give their business to a good friend or relative.
bearishgurl
Participant[quote=susanyang]I never ask my clients to sign exclusive buyer broker agreement. I have had five clients bailed out on me since I started working as a Realtor in 2007. I must not be cut out for this business.[/quote]
susanyang, this only happened to me ONCE, prior to the institution of the buyer-broker agency agreement. I worked over 150 hours for a buyer who purchased a property I initially showed him from another agent. I can’t say how here, but he got his Karma in the end. Since this agreement was instituted, I have insisted on using it when I have worked with buyers. I would NOT work with a buyer if they didn’t give me at least 90 days. If they balked and went with an agent who will not require this, so be it.
There’s a saying that one out of every five Californians possess a RE license so we’re all “bumping into each other.” Of course, there are WIDELY varying degrees out there of competency, experience and expert knowledge of inventory, tracts, subdivisions and areas.
The most established agents in my area not only have a bilingual staff and/or bilingual buyer’s agents working under them, they will NOT agree to list a property until the owner agrees separately to use THEIR referrals to clean and/or stage it prior to putting it on the MLS. Two of my “pack-rat” neighbors have recently been turned down for listings.
To each his own. Some RE clients don’t care about the agent’s competency, they just want to give their business to a good friend or relative.
bearishgurl
Participant[quote=UCGal]To make matters worse – original purchase money loans (first and seconds trust deeds gotten at time of purchase) are NON RECOURSE in CA. Only refi’s and HELOCS that occur after the purchase are recourse.[/quote]
For the life of me (I wasn’t working in RE when this practice became common), I HAVE NO IDEA WHY ANY LENDER (either the one holding the 1st TD or a diff. one) would subordinate themselves to themselves or to the 1st TD holder at the time of purchase and make a 2nd “purchase money” loan (for a dn. pymt. perhaps?) and obtain a 2nd TD (purchase $$ NON RECOURSE paper) from the “buyer” in their “favor.” How risky is that??? It’s effectively 100%(+) financing and makes absolutely no sense at all to me.
These lenders must have been two jokers short of a full deck.
bearishgurl
Participant[quote=UCGal]To make matters worse – original purchase money loans (first and seconds trust deeds gotten at time of purchase) are NON RECOURSE in CA. Only refi’s and HELOCS that occur after the purchase are recourse.[/quote]
For the life of me (I wasn’t working in RE when this practice became common), I HAVE NO IDEA WHY ANY LENDER (either the one holding the 1st TD or a diff. one) would subordinate themselves to themselves or to the 1st TD holder at the time of purchase and make a 2nd “purchase money” loan (for a dn. pymt. perhaps?) and obtain a 2nd TD (purchase $$ NON RECOURSE paper) from the “buyer” in their “favor.” How risky is that??? It’s effectively 100%(+) financing and makes absolutely no sense at all to me.
These lenders must have been two jokers short of a full deck.
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