My first Real estate agent visit.....Where's the sheetrock & central air , OMG... - Page 2 - Homesteading Today
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  #21  
Old 07/12/06, 03:43 PM
 
Join Date: May 2002
Location: Central Oklahoma
Posts: 3,932
Quote:
Originally Posted by AngieM2
fordy - you're near all those wind generators? Wow. One day I hope to stop and visit the info area on them.

And I've wanted to purchase log cabin houses around here in AL/TN area recently, and for FHA they cannot apraise them adequately for FHA, dog gone it... Maybe they cannot apraise your homey place either.

Wishing you well on your adventure.

Angie
Angie, I don't know about Weatherford, TX, but I know there's a ton of wind generators in Weatherford, OK. We were past them a couple of months ago visiting a friend who lives near Hydro, OK. The field is verrryy cool, sits right off I-40.

Sorry to hijack, Fordy, just had to interject. I can't be of much help with the sale, but wish you luck!
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  #22  
Old 07/12/06, 04:09 PM
 
Join Date: Jun 2006
Location: Maryland/Florida
Posts: 194
Quote:
Originally Posted by hercsmama
Just going to jump right in here, I am a Real Estate agent. Please don't shoot me!
What's a matter, feeling like a lawyer

[QUOTE=It sounds to me like you are running into people that don't really get it and you need someone who knows how to sell Land, not houses.[/QUOTE]

How do you find a realtor that can sell land. Our place has been on the market for 5 months, Our realtor hasnt brought one person by. We dont know what to do. This is the second realtor, had it on the market last summer to.

I have figured out that if they get out of the car with high heels, they are not the realtor for us.
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  #23  
Old 07/12/06, 04:27 PM
 
Join Date: May 2003
Location: Zone 7
Posts: 10,560
These folks have been able to move property for me when others failed(I had a closing just this morning ). For those interested and not in Texas here is the main site. http://www.unitedcountry.com/
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  #24  
Old 07/12/06, 04:35 PM
 
Join Date: Jun 2006
Location: Maryland/Florida
Posts: 194
I just looked up United country, they have an office in town. I'm going to check them out. Thanks a lot.
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  #25  
Old 07/12/06, 04:41 PM
Hovey Hollow's Avatar
formerly hovey1716
 
Join Date: Apr 2005
Location: Oklahoma
Posts: 913
Our resent real estate transaction just blew me away. It was BassAckwards from what I thought it should be. The sellers agent was never there when we would look at a place. If we had any questions that weren't on the "sheet" then our realtor would have to call their realtor. Our realtor didn't know anything about the property he was showing us and only seemed to steer us away from properties that wouldn't earn him a big commission. Why doesn't a sellers agent show the house? It was the same way with selling our old house. Realtor's that had never set foot in our house, and knew nothing about it were showing it to people and our realtor wasn't there.
The way it is mandyh, YOUR realtor isn't going to bring anyone by, unless they are also the buyers agent. (Then they get both commissions!)
I wasn't real happy with the whole real estate deal, but we found our place (I found it on a DIFFERENT realtor's website and had to ask my realtor to show it to me) and I don't plan on doing this again in my lifetime!!
Good luck Fordy!
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  #26  
Old 07/12/06, 05:09 PM
 
Join Date: Jun 2006
Location: Maryland/Florida
Posts: 194
I'm begining to wonder why I need a realtor. Last year when the farm needed to be shown to people, I'm the one who showed it. It's like they they dont care if it sells or not.
I helped my mom & dad house hunt in 91 down in Macon Georgia. Their realtor was the best in the world. She totaly took my parents best interest to heart. I just wish I could find someone that dedicated to sell our place.
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  #27  
Old 07/12/06, 05:11 PM
 
Join Date: Sep 2003
Location: Whiskey Flats(Ft. Worth) , Tx
Posts: 8,749
Quote:
Originally Posted by hovey1716
Our resent real estate transaction just blew me away. It was BassAckwards from what I thought it should be. The sellers agent was never there when we would look at a place. If we had any questions that weren't on the "sheet" then our realtor would have to call their realtor. Our realtor didn't know anything about the property he was showing us and only seemed to steer us away from properties that wouldn't earn him a big commission. Why doesn't a sellers agent show the house? It was the same way with selling our old house. Realtor's that had never set foot in our house, and knew nothing about it were showing it to people and our realtor wasn't there.
The way it is mandyh, YOUR realtor isn't going to bring anyone by, unless they are also the buyers agent. (Then they get both commissions!)
I wasn't real happy with the whole real estate deal, but we found our place (I found it on a DIFFERENT realtor's website and had to ask my realtor to show it to me) and I don't plan on doing this again in my lifetime!!
Good luck Fordy!
.........As I peruse the intent of these individual posts I believe the Term....."Self Serving" comes too mind......fordy...
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  #28  
Old 07/12/06, 05:30 PM
chuckhole's Avatar
Born city, love country
 
Join Date: Mar 2006
Location: Houston, Texas
Posts: 341
Fordy,
What Hovey1716 described was just like our experience in the beginning. I found our place on the Internet and then found an agent who wanted to help buy the land I found. She and her husband drove the 130 miles to show it with us too. They spent the afternoon walking it with us and pointing things out.

I also think that the land with improvements angle is the best. For example:
Is the land cleared, pasture, wooded, fenced? Does it have electricity, metered water or water well, septic? All of these things add substantial value to your land. And your building may be living space to one person and finished out storage space to another. Either way, there is value.

You need somebody that knows land and is not just looking to sell a half acre lot with a cozy 3-2-2 brick ranch style with a swing set in the back yard.
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  #29  
Old 07/13/06, 09:08 AM
 
Join Date: Oct 2004
Location: Ohio
Posts: 4,326
Fordy, it is not her job to determine value. It is always the property owner who determines the value. She the agent, is not allowed to do that by law. That is a different craft. What you are looking for is a free apprasil, be very careful because you get what you pay for.

So set your price, and sell your property as is. You can do this yourself. Landandfarm.com is excellent. If you want you can still hire the reala tator lady, her job is to find a buyer and that's it. She can't appraise that takes a different license.
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  #30  
Old 07/13/06, 09:37 AM
 
Join Date: Sep 2003
Location: Whiskey Flats(Ft. Worth) , Tx
Posts: 8,749
Quote:
Originally Posted by edcopp
Fordy, it is not her job to determine value. It is always the property owner who determines the value. She the agent, is not allowed to do that by law. That is a different craft. What you are looking for is a free apprasil, be very careful because you get what you pay for.

So set your price, and sell your property as is. You can do this yourself. Landandfarm.com is excellent. If you want you can still hire the reala tator lady, her job is to find a buyer and that's it. She can't appraise that takes a different license.
.........ed , really , I was looking for some kind of approximation of retail value and it is just an estimate , nothing more . I'm going to checkout your suggestion , thanks , fordy...
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  #31  
Old 07/13/06, 12:50 PM
 
Join Date: May 2002
Location: No. Cent. AR
Posts: 1,731
Realtors can estimate the Market value of property - they know what similar properties have actually sold for in your area. A market value is what you want. An appraisal is detailed and required by lending institutions as the criteria for the loan.
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  #32  
Old 07/13/06, 01:42 PM
hercsmama's Avatar  
Join Date: Jan 2004
Location: Nebraska~ transplanted from South Texas
Posts: 3,669
Quote:
Originally Posted by mandyh
What's a matter, feeling like a lawyer
A little.



I have figured out that if they get out of the car with high heels, they are not the realtor for us.
You are kinda right on this one. What you should do is look in the phone book for an office that advertises Land sales. Sounds obvious I know,but, after you get them on the phone ask lots of questions,and I do mean lots! How many land sales has the agent gotten to close in the last year? How many days were the properties on the market before they even got an offer. How long have they actually been in the business of selling land? Do they specialize in land or do they do mostly residential with land thrown in for fun?

Don't worry about asking rude questions or think you are going to hurt their feelings, if they do know what they are doing and are really in this business to help than they won't mind answering the hard questions.
Good luck, feel free to pm me if you like. I certainly can't help you sell your place but can offer support and opinions.

Sorry to hijack your thread Fordy!
This advice I hope helps you as well. We really aren't all bad. Some of us really are in the business because we want to help people out.

Last edited by hercsmama; 07/13/06 at 01:48 PM.
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  #33  
Old 07/14/06, 10:16 AM
 
Join Date: Mar 2003
Location: South of DFW,TX zone 8a
Posts: 3,554
Fordy, I don't think it will matter what the building is on your place. It will probably sell for the land value. I built this house 8 years ago, it's valued at $142,000. If anyone was to buy my place the house would probably be destroyed and a new one built. The site is worth more than the structures on it.
Ed
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  #34  
Old 07/14/06, 10:29 AM
 
Join Date: Sep 2003
Location: Whiskey Flats(Ft. Worth) , Tx
Posts: 8,749
Quote:
Originally Posted by whiterock
Fordy, I don't think it will matter what the building is on your place. It will probably sell for the land value. I built this house 8 years ago, it's valued at $142,000. If anyone was to buy my place the house would probably be destroyed and a new one built. The site is worth more than the structures on it.
Ed
..........Yep , tis true , but maybe quite as much for my location . Property over in your neck of the woods is so high , and getting higher , that they can afford to raze a perfectly good home to build another . thanks , fordy...
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  #35  
Old 07/14/06, 10:51 AM
 
Join Date: Feb 2006
Posts: 1,196
Quote:
Originally Posted by fordy
.........ed , really , I was looking for some kind of approximation of retail value and it is just an estimate , nothing more . I'm going to checkout your suggestion , thanks , fordy...
Normally the realtor will give you a ballpark figure based on neighboring properties that are "comparable". In your situation, it sounds like your home is unique, making comparisons more difficult. They may be able to give you a ballpark figure on the land value alone though.
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  #36  
Old 07/14/06, 12:09 PM
 
Join Date: Sep 2003
Location: Whiskey Flats(Ft. Worth) , Tx
Posts: 8,749
..............Well , I've had two visits so far , one of which seemed OK . The agent from united country will be here tuesday , tenatively so we'll see how that goes . I appreciate all the help and suggestions you'll have provided and it has been enlightening to say the least . I'm also looking into farmandhome.com. situation as they charge 19.95 amonth for a basic ad . thanks to all , fordy...
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  #37  
Old 07/15/06, 08:11 AM
 
Join Date: May 2002
Location: Missouri
Posts: 1,700
I have only bought three homes in my life.

The first was when my DH was in the Air Force and we got info about a developement building homes for Service Men with $100.00 down and you finish the inside to your own spects. That was painting and the finish coat only on floors and cabinets and trim.
We had several floor plans to choose from and it was great fun to watch our home being built.
They also sold it for you or just bought it back from you for what you owed on it when you transfered.
great for us. No agent at all.

The second home we bought, we had a lady real estate agent that worked with us and became a personal friend for years later. She sent us cards and gifts for Birthdays and Christmas. We got a very good deal on a home.

This last one here,we had an agent in the City that never even looked at the house we were interested in. The sellers agent lied to us about what the owners had to say and lied to the owners about what we said to get the price up the highest and his commission up to the top as he had already bought a car using planned commissions to pay for it.

Be careful. Sharks are out there. We love our new home and the agent no longer sells homes as he got caught and reported to his boss. I suspect the sellers reported him because we had a long talk at the closing and they found out about all his lies.
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  #38  
Old 07/15/06, 08:35 AM
 
Join Date: Sep 2003
Location: Whiskey Flats(Ft. Worth) , Tx
Posts: 8,749
Quote:
Originally Posted by KindredSpirit
Normally the realtor will give you a ballpark figure based on neighboring properties that are "comparable". In your situation, it sounds like your home is unique, making comparisons more difficult. They may be able to give you a ballpark figure on the land value alone though.
.................Actually , there are more people opting for this kind of construction than relators are aware of or want to acknowledge . I think part of the problem steems from the fact their(the relators & MLS) whole system is predicated upon Conventional construction methods and almost ALL assessment of current market values that they assign too a potential client's home MUST be compatable with their system . Metal buildings are just not considered or evaluated within the same context as are conventional homes . fordy...
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  #39  
Old 07/15/06, 12:42 PM
 
Join Date: Feb 2006
Posts: 1,196
Quote:
Originally Posted by fordy
.................Actually , there are more people opting for this kind of construction than relators are aware of or want to acknowledge . I think part of the problem steems from the fact their(the relators & MLS) whole system is predicated upon Conventional construction methods and almost ALL assessment of current market values that they assign too a potential client's home MUST be compatable with their system . Metal buildings are just not considered or evaluated within the same context as are conventional homes . fordy...
Fordy, please don't be offended. I was just commenting on your comment that you wanted an "approximation". I in no way meant anything about the construction of the buildings on your property. In my location the majority of homes are the typical interior drywall, exterior stick construction. This is what they base comparables on. They always compare to the majority. As for me, when I buy a home in the country, I want something different than the "comparables". What they consider detractions in this area, i.e. well water, wood heat, solar panels, etc., I would consider a plus. As a side note, In this area as well as other areas a really good realtor is hard to find.

PS I am not a realtor. I am in real estate at the title insurance end of the deal so I do know a lot about the transaction as a whole.

Last edited by KindredSpirit; 07/15/06 at 12:45 PM.
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  #40  
Old 07/15/06, 01:09 PM
 
Join Date: Sep 2003
Location: Whiskey Flats(Ft. Worth) , Tx
Posts: 8,749
Quote:
Originally Posted by KindredSpirit
Fordy, please don't be offended. I was just commenting on your comment that you wanted an "approximation". I in no way meant anything about the construction of the buildings on your property. In my location the majority of homes are the typical interior drywall, exterior stick construction. This is what they base comparables on. They always compare to the majority. As for me, when I buy a home in the country, I want something different than the "comparables". What they consider detractions in this area, i.e. well water, wood heat, solar panels, etc., I would consider a plus. As a side note, In this area as well as other areas a really good realtor is hard to find.

PS I am not a realtor. I am in real estate at the title insurance end of the deal so I do know a lot about the transaction as a whole.
.............No offense taken! I was just verbalizing my conclusions and I appreciate your advise very much . thanks , fordy...
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