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SD Realtor
ParticipantHi Lloyd,
Short sales are really a chore. I would agree to wait for REO properties. Any home that is at any of the third party auctions are all REO properties that have already passed through the foreclosure process and are lender owned. The homes at the last auction seemed to sell at lower prices then the homes at the auction in June. However if you reviewed all of the San Diego homes at both the August and June auctions, there were very few properties in desireable areas.
Hopefully that will change, OR the lenders will market them appropriately when they put them on the MLS the first time. Most of the properties at these auctions have already been through MLS cycles.
If you are going to purchase at auction do ALL OF YOUR DILIGENCE BEFORE YOU GO TO THE AUCTION.
SD Realtor
ParticipantGotcha Temek… I don’t sweat it but it does irritate me whenever statements are made off the cuff that are just way the heck off the mark. Regardless of whether they are made by guys like this or guys like the chowderhead…
SD Realtor
ParticipantGotcha Temek… I don’t sweat it but it does irritate me whenever statements are made off the cuff that are just way the heck off the mark. Regardless of whether they are made by guys like this or guys like the chowderhead…
SD Realtor
ParticipantGotcha Temek… I don’t sweat it but it does irritate me whenever statements are made off the cuff that are just way the heck off the mark. Regardless of whether they are made by guys like this or guys like the chowderhead…
SD Realtor
ParticipantYou have done great waiting this long. If you can wait longer, try to do so. If not, then try to get the best deal you can and be sure to stay within your means. Look at this way, you have already waited this long so you are kind of over the hump… Maybe another year, another 10-20%…or at least a whole lot more properties at low prices that maybe don’t need cosmetic work.
SD Realtor
ParticipantYou have done great waiting this long. If you can wait longer, try to do so. If not, then try to get the best deal you can and be sure to stay within your means. Look at this way, you have already waited this long so you are kind of over the hump… Maybe another year, another 10-20%…or at least a whole lot more properties at low prices that maybe don’t need cosmetic work.
SD Realtor
ParticipantYou have done great waiting this long. If you can wait longer, try to do so. If not, then try to get the best deal you can and be sure to stay within your means. Look at this way, you have already waited this long so you are kind of over the hump… Maybe another year, another 10-20%…or at least a whole lot more properties at low prices that maybe don’t need cosmetic work.
SD Realtor
ParticipantSorry but I found things I absolutely do not agree with.
“The MLS proves things are great.
FALSE. All sorts of funny things happen in the MLS (Multiple Listing Service, a private database controlled by real estate agents). ”This is a lie. Agents don’t control the MLS. Sandicor provides the MLS and along with SDAR enforce rules for using the MLS. Agents actually have no control over the MLS. If they do not use it according to the rules set forth they lose their privilege to use the MLS.
“For example, if a house just doesn’t sell, realtors can remove its record in the MLS so that you cannot see that it failed to sell.”
This is a lie. If you enter a listing in the MLS it stays in the MLS. An agent cannot ever “delete, hide, or just make a listing go away. A listing has a life, it starts out as an active lising and ends up as a sold, expired or cancelled listing. NO IFS ANDS OR BUTS. If a home doesn’t sell you ALWAYS CAN TELL BY THE MLS.
“”Then the house comes back on the market at a lower price, and unsuspecting buyers think it’s on the market for the first time. Their realtor can “prove” it’s a new listing by showing the MLS record to the buyer: “See, here’s the listing date, just came on the market. Better hurry and buy it, this one is hot.””
This is an unfortunate case of buyer beware. Not all agents are good agents. If you are a buyer and are interested in a home MAKE SURE TO HAVE YOUR AGENT SHOW YOU A COMPLETE LISTING HISTORY OF THAT HOME. Most good agents do this as a matter of fact. However be proactive and ask. I take umbrage to this statement because the article makes it sound like every agent does that and I do not believe that to be true.
“There is nobody checking that the MLS shows true transaction prices. The MLS prices are often just wrong. ”
This is the biggest weakness about the MLS. Of course no means of home sales identify any credits given back. No FSBOs do it, no other means do it. Yes the MLS should have an entry section it that identifies credits given back but it does not. However to make a statement that says MLS prices are often just wrong is a flat out lie. MLS sold prices must match what the final sales price is on the HUD.
“Furthermore, the MLS will not list any house for sale by owner or for sale through a discount broker, except perhaps those listed by Help U Sell. Those cheaper prices are just not in the system, because if you save money, they lose money.”
Okay now I want to find the poster of this article and call him an OUTRIGHT LIAR. I OWNED A HELP U SELL and all of my listings were on the MLS. I Pay One listed on the MLS. Jeff Karchin will put your home on the MLS for 500 bucks! Today my own brokerage charges less commission then most discounters and every listing goes on the MLS.
Somebody get me some duct tape before my head explodes.
**********
Overall I found some beneficial statements in the post. However statements made that are outright lies make me shut down and not find anything redeeming.
SD Realtor
ParticipantSorry but I found things I absolutely do not agree with.
“The MLS proves things are great.
FALSE. All sorts of funny things happen in the MLS (Multiple Listing Service, a private database controlled by real estate agents). ”This is a lie. Agents don’t control the MLS. Sandicor provides the MLS and along with SDAR enforce rules for using the MLS. Agents actually have no control over the MLS. If they do not use it according to the rules set forth they lose their privilege to use the MLS.
“For example, if a house just doesn’t sell, realtors can remove its record in the MLS so that you cannot see that it failed to sell.”
This is a lie. If you enter a listing in the MLS it stays in the MLS. An agent cannot ever “delete, hide, or just make a listing go away. A listing has a life, it starts out as an active lising and ends up as a sold, expired or cancelled listing. NO IFS ANDS OR BUTS. If a home doesn’t sell you ALWAYS CAN TELL BY THE MLS.
“”Then the house comes back on the market at a lower price, and unsuspecting buyers think it’s on the market for the first time. Their realtor can “prove” it’s a new listing by showing the MLS record to the buyer: “See, here’s the listing date, just came on the market. Better hurry and buy it, this one is hot.””
This is an unfortunate case of buyer beware. Not all agents are good agents. If you are a buyer and are interested in a home MAKE SURE TO HAVE YOUR AGENT SHOW YOU A COMPLETE LISTING HISTORY OF THAT HOME. Most good agents do this as a matter of fact. However be proactive and ask. I take umbrage to this statement because the article makes it sound like every agent does that and I do not believe that to be true.
“There is nobody checking that the MLS shows true transaction prices. The MLS prices are often just wrong. ”
This is the biggest weakness about the MLS. Of course no means of home sales identify any credits given back. No FSBOs do it, no other means do it. Yes the MLS should have an entry section it that identifies credits given back but it does not. However to make a statement that says MLS prices are often just wrong is a flat out lie. MLS sold prices must match what the final sales price is on the HUD.
“Furthermore, the MLS will not list any house for sale by owner or for sale through a discount broker, except perhaps those listed by Help U Sell. Those cheaper prices are just not in the system, because if you save money, they lose money.”
Okay now I want to find the poster of this article and call him an OUTRIGHT LIAR. I OWNED A HELP U SELL and all of my listings were on the MLS. I Pay One listed on the MLS. Jeff Karchin will put your home on the MLS for 500 bucks! Today my own brokerage charges less commission then most discounters and every listing goes on the MLS.
Somebody get me some duct tape before my head explodes.
**********
Overall I found some beneficial statements in the post. However statements made that are outright lies make me shut down and not find anything redeeming.
SD Realtor
ParticipantSorry but I found things I absolutely do not agree with.
“The MLS proves things are great.
FALSE. All sorts of funny things happen in the MLS (Multiple Listing Service, a private database controlled by real estate agents). ”This is a lie. Agents don’t control the MLS. Sandicor provides the MLS and along with SDAR enforce rules for using the MLS. Agents actually have no control over the MLS. If they do not use it according to the rules set forth they lose their privilege to use the MLS.
“For example, if a house just doesn’t sell, realtors can remove its record in the MLS so that you cannot see that it failed to sell.”
This is a lie. If you enter a listing in the MLS it stays in the MLS. An agent cannot ever “delete, hide, or just make a listing go away. A listing has a life, it starts out as an active lising and ends up as a sold, expired or cancelled listing. NO IFS ANDS OR BUTS. If a home doesn’t sell you ALWAYS CAN TELL BY THE MLS.
“”Then the house comes back on the market at a lower price, and unsuspecting buyers think it’s on the market for the first time. Their realtor can “prove” it’s a new listing by showing the MLS record to the buyer: “See, here’s the listing date, just came on the market. Better hurry and buy it, this one is hot.””
This is an unfortunate case of buyer beware. Not all agents are good agents. If you are a buyer and are interested in a home MAKE SURE TO HAVE YOUR AGENT SHOW YOU A COMPLETE LISTING HISTORY OF THAT HOME. Most good agents do this as a matter of fact. However be proactive and ask. I take umbrage to this statement because the article makes it sound like every agent does that and I do not believe that to be true.
“There is nobody checking that the MLS shows true transaction prices. The MLS prices are often just wrong. ”
This is the biggest weakness about the MLS. Of course no means of home sales identify any credits given back. No FSBOs do it, no other means do it. Yes the MLS should have an entry section it that identifies credits given back but it does not. However to make a statement that says MLS prices are often just wrong is a flat out lie. MLS sold prices must match what the final sales price is on the HUD.
“Furthermore, the MLS will not list any house for sale by owner or for sale through a discount broker, except perhaps those listed by Help U Sell. Those cheaper prices are just not in the system, because if you save money, they lose money.”
Okay now I want to find the poster of this article and call him an OUTRIGHT LIAR. I OWNED A HELP U SELL and all of my listings were on the MLS. I Pay One listed on the MLS. Jeff Karchin will put your home on the MLS for 500 bucks! Today my own brokerage charges less commission then most discounters and every listing goes on the MLS.
Somebody get me some duct tape before my head explodes.
**********
Overall I found some beneficial statements in the post. However statements made that are outright lies make me shut down and not find anything redeeming.
SD Realtor
Participanttg you are right, it was thin film technology innovation. HOA and CCRs need to accomodate homeowners on this stuff as well. I heard that if you want to plant an environmentally friendly landscape in your yard but the HOA or CCR does not approve that you can fight it.
tg did you ever listen to rome in the early 90’s?
SD Realtor
Participanttg you are right, it was thin film technology innovation. HOA and CCRs need to accomodate homeowners on this stuff as well. I heard that if you want to plant an environmentally friendly landscape in your yard but the HOA or CCR does not approve that you can fight it.
tg did you ever listen to rome in the early 90’s?
SD Realtor
Participanttg you are right, it was thin film technology innovation. HOA and CCRs need to accomodate homeowners on this stuff as well. I heard that if you want to plant an environmentally friendly landscape in your yard but the HOA or CCR does not approve that you can fight it.
tg did you ever listen to rome in the early 90’s?
SD Realtor
ParticipantGary awhile back I heard that the 8821 was basically a formality that was never enforced… until recently. Now I heard that lenders were indeed going to start pulling tax records much more in the underwriting process. This is just second hand where I heard this from but I was wondering if it is true. (I don’t do loans so I have no clue)
SD Realtor
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