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earlyretirement
Participant[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.
earlyretirement
Participant[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.
earlyretirement
Participant[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.
earlyretirement
Participant[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.
earlyretirement
Participant[quote=sdrealtor]That’s BS. They should have no problem emailing them to you and they can be that long. Any decent escrow company should have a high speed copier/scanner capable of scanning all that in a minute or two, converting to pdf and emailing it to you. Insist they do so or figure out a way to.[/quote]
Yeah, that’s what I thought sdrealtor. Thanks. I haven’t bought in the USA for a long time. I figured things have really gotten downhill and lazy if they weren’t willing to do that.
I’ll ask again. They said the other option is to fed ex it all but not so convenient as I’m traveling around quite a bit with some international travel so I’m not going to be in one place too long. Plus they want to do a really quick turn around for closing in a few weeks so that puts a rush on things as well. Thanks.
earlyretirement
Participant[quote=sdrealtor]That’s BS. They should have no problem emailing them to you and they can be that long. Any decent escrow company should have a high speed copier/scanner capable of scanning all that in a minute or two, converting to pdf and emailing it to you. Insist they do so or figure out a way to.[/quote]
Yeah, that’s what I thought sdrealtor. Thanks. I haven’t bought in the USA for a long time. I figured things have really gotten downhill and lazy if they weren’t willing to do that.
I’ll ask again. They said the other option is to fed ex it all but not so convenient as I’m traveling around quite a bit with some international travel so I’m not going to be in one place too long. Plus they want to do a really quick turn around for closing in a few weeks so that puts a rush on things as well. Thanks.
earlyretirement
Participant[quote=sdrealtor]That’s BS. They should have no problem emailing them to you and they can be that long. Any decent escrow company should have a high speed copier/scanner capable of scanning all that in a minute or two, converting to pdf and emailing it to you. Insist they do so or figure out a way to.[/quote]
Yeah, that’s what I thought sdrealtor. Thanks. I haven’t bought in the USA for a long time. I figured things have really gotten downhill and lazy if they weren’t willing to do that.
I’ll ask again. They said the other option is to fed ex it all but not so convenient as I’m traveling around quite a bit with some international travel so I’m not going to be in one place too long. Plus they want to do a really quick turn around for closing in a few weeks so that puts a rush on things as well. Thanks.
earlyretirement
Participant[quote=sdrealtor]That’s BS. They should have no problem emailing them to you and they can be that long. Any decent escrow company should have a high speed copier/scanner capable of scanning all that in a minute or two, converting to pdf and emailing it to you. Insist they do so or figure out a way to.[/quote]
Yeah, that’s what I thought sdrealtor. Thanks. I haven’t bought in the USA for a long time. I figured things have really gotten downhill and lazy if they weren’t willing to do that.
I’ll ask again. They said the other option is to fed ex it all but not so convenient as I’m traveling around quite a bit with some international travel so I’m not going to be in one place too long. Plus they want to do a really quick turn around for closing in a few weeks so that puts a rush on things as well. Thanks.
earlyretirement
Participant[quote=sdrealtor]That’s BS. They should have no problem emailing them to you and they can be that long. Any decent escrow company should have a high speed copier/scanner capable of scanning all that in a minute or two, converting to pdf and emailing it to you. Insist they do so or figure out a way to.[/quote]
Yeah, that’s what I thought sdrealtor. Thanks. I haven’t bought in the USA for a long time. I figured things have really gotten downhill and lazy if they weren’t willing to do that.
I’ll ask again. They said the other option is to fed ex it all but not so convenient as I’m traveling around quite a bit with some international travel so I’m not going to be in one place too long. Plus they want to do a really quick turn around for closing in a few weeks so that puts a rush on things as well. Thanks.
earlyretirement
Participant[quote=Jazzman] If you are non-US domiciled ie born elsewhere be wary of the consequences in your country of domicile. In many places domicile is very hard to shake off, and many countries don’t recognize trusts. Could cause problems down the road. Local attorneys won’t have the expertise to advise on this.[/quote]
This is an EXCELLENT point Jazzman. Although I’m American born and raised. I’ve lived in a few countries and have permanent residency status in other countries where I own assets and properties. And you’re right…many times they don’t recognize wills from the USA. In those countries, I was advised to do a separate last will and testament or trust in that country as well.
It’s always a great idea to consult a skilled attorney. I know sometimes people try to save money but in the end you can cost yourself a lot of money if you don’t structure things properly.
earlyretirement
Participant[quote=Jazzman] If you are non-US domiciled ie born elsewhere be wary of the consequences in your country of domicile. In many places domicile is very hard to shake off, and many countries don’t recognize trusts. Could cause problems down the road. Local attorneys won’t have the expertise to advise on this.[/quote]
This is an EXCELLENT point Jazzman. Although I’m American born and raised. I’ve lived in a few countries and have permanent residency status in other countries where I own assets and properties. And you’re right…many times they don’t recognize wills from the USA. In those countries, I was advised to do a separate last will and testament or trust in that country as well.
It’s always a great idea to consult a skilled attorney. I know sometimes people try to save money but in the end you can cost yourself a lot of money if you don’t structure things properly.
earlyretirement
Participant[quote=Jazzman] If you are non-US domiciled ie born elsewhere be wary of the consequences in your country of domicile. In many places domicile is very hard to shake off, and many countries don’t recognize trusts. Could cause problems down the road. Local attorneys won’t have the expertise to advise on this.[/quote]
This is an EXCELLENT point Jazzman. Although I’m American born and raised. I’ve lived in a few countries and have permanent residency status in other countries where I own assets and properties. And you’re right…many times they don’t recognize wills from the USA. In those countries, I was advised to do a separate last will and testament or trust in that country as well.
It’s always a great idea to consult a skilled attorney. I know sometimes people try to save money but in the end you can cost yourself a lot of money if you don’t structure things properly.
earlyretirement
Participant[quote=Jazzman] If you are non-US domiciled ie born elsewhere be wary of the consequences in your country of domicile. In many places domicile is very hard to shake off, and many countries don’t recognize trusts. Could cause problems down the road. Local attorneys won’t have the expertise to advise on this.[/quote]
This is an EXCELLENT point Jazzman. Although I’m American born and raised. I’ve lived in a few countries and have permanent residency status in other countries where I own assets and properties. And you’re right…many times they don’t recognize wills from the USA. In those countries, I was advised to do a separate last will and testament or trust in that country as well.
It’s always a great idea to consult a skilled attorney. I know sometimes people try to save money but in the end you can cost yourself a lot of money if you don’t structure things properly.
earlyretirement
Participant[quote=Jazzman] If you are non-US domiciled ie born elsewhere be wary of the consequences in your country of domicile. In many places domicile is very hard to shake off, and many countries don’t recognize trusts. Could cause problems down the road. Local attorneys won’t have the expertise to advise on this.[/quote]
This is an EXCELLENT point Jazzman. Although I’m American born and raised. I’ve lived in a few countries and have permanent residency status in other countries where I own assets and properties. And you’re right…many times they don’t recognize wills from the USA. In those countries, I was advised to do a separate last will and testament or trust in that country as well.
It’s always a great idea to consult a skilled attorney. I know sometimes people try to save money but in the end you can cost yourself a lot of money if you don’t structure things properly.
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