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Jan 14, 2020
11:54
:21
am
BertoChavez
All-American
In addition to closing costs, one possibility (I'm guessing this is FSBO) is
that the buyer is technically a realtor, and wrote in their commission as part of the contract as the full 5 or 6% instead of the expected 2.5 or 3%
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BertoChavez
New username
Pedant
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BertoChavez
Joined
Feb 1, 2012
Last login
Jan 15, 2020
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Messages
Author
Time
Made a real estate mistake
Kevin Arnold
1/13/20 11:46pm
How did you do that?
USMCdad
1/13/20 11:50pm
Same question.
byubyu
1/13/20 11:51pm
Moving too quickly, didn’t read closely enough
Kevin Arnold
1/13/20 11:53pm
Sure on your sellers disclosures list everything that is wrong with the house and tell them you won't
cougsrule
1/13/20 11:50pm
It’s foolproof!
Mike Honcho
1/13/20 11:57pm
this is probably the best idea
BertoChavez
1/14/20 12:47am
Unless the next seller sees the disclosures and decides “nevermind”
Mike Honcho
1/14/20 12:59am
The disclosure would be the same. You can change your mind on fixing repairs based on each deal. Nothing wrong about
cougsrule
1/14/20 1:08am
Right. But you don’t know if one of the disclosures would be a deal breaker for buyer 2
Mike Honcho
1/14/20 1:22am
If the issues are major, they would need to be on the disclosures regardless
BertoChavez
1/14/20 11:52am
Thank the buyer for being willing to buy the house even after the
garyfan
1/13/20 11:59pm
Or in light of the double homicide that WILL take place in the master bedroom
ryebrye
1/14/20 4:37am
Does this help?
cheezedawg
1/14/20 12:01am
Yes this is helpful
Kevin Arnold
1/14/20 12:05am
Don’t act on this “advice”. Don’t take legal advice from a message board.
Ygrad
1/14/20 12:44am
Just say no to all their repair requests. If they still go through with it, you might actually come out ahead after all.
Ragnar Danneskjold
1/14/20 12:43am
This is so strange. I always say no to all these requests anyway. Why should I
DirtyWater
1/14/20 1:04am
You will pay to fix stuff in buyers market and urgent move
PortlandBlue
1/14/20 6:54am
If that’s the case, the stuff would have been fixed before listing the house.
DirtyWater
1/14/20 7:40am
Your agent didn't explain the offers to you?
mrphotogenic
1/14/20 4:02am
How hard is it to pick the highest number? What am I missing here?
Hambone
1/14/20 6:01am
I assume he picked the highest dollar figure, but didn't realize how much their demands would cost.
Conan
1/14/20 6:29am
Maybe one gave him highest number but wanted him to do closing costs.
Adwight
1/14/20 6:49am
That's such a weird thing that realtors try to bake into most contracts.
dYrtbYkerYder
1/14/20 7:36am
Not really. It works in a buyer's market, or when the seller has little
mrphotogenic
1/14/20 7:43am
Much better to give the buyer the flexibility to do a no cost.
dYrtbYkerYder
1/14/20 11:13am
There’s not a high hurdle to become a realtor. The profession doesn’t attract
DirtyWater
1/14/20 7:43am
Kevin Arnold definitely had a crap agent.
mrphotogenic
1/14/20 8:36am
In addition to closing costs, one possibility (I'm guessing this is FSBO) is
BertoChavez
1/14/20 11:54am
"Significant amount" is pretty subjective.
Ned Schneebly
1/14/20 7:56am
It’s not a lot in terms of the deal
Kevin Arnold
1/14/20 8:51am
Glad to hear!
Ned Schneebly
1/14/20 8:58am
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