Hey everyone, I’ve been working on a PropTech concept called PropConnect and would love your thoughts. The idea: staged property photos become shoppable, so buyers can click on furniture or decor they like and buy it - and the agent earns a commission from those purchases - a passive source of revenue post house purchase. It also links buyers to services like removalists, cleaners, and pest inspections after the sale. See mockup in link below. I’m curious - do you think something like this would actually help agents stand out or create extra revenue? Would love to hear your honest take. Simple upvote if you like it. https://shop-your-home.lovable.app/ submitted by /u/RogueRouge [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ohbo4o/agents_would_you_use_a_platform_that_pays_you/

My cousin and his wife are having trouble finding a RE agent for their next move because several agents have claimed that their buyer broker agreements (including a 3% compensation) cannot be revised. I told him to request a clause or amendment which would basically say something to the degree of “broker agrees that compensation shall be limited to compensation provided by seller / seller’s agent as past of the property’s listing terms. Buyer shall not be responsible for additional compensation beyond what is offered by seller / seller’s agent.” A few RE agents are not aligned with this change, so my cousin has walked away from signing with them. I have a few questions: 1. Is this type of clause / amendment not common even though it protects buyers from having to pay commission over and above what the seller / seller’s agent has agreed on? 2. Should they just keep looking to an agent that feels comfortable with this, or just try to negotiate a lower rate %? submitted by /u/Wor...

We’re selling our second home here in a quiet Upstate NY town and it’s not going anywhere. We priced it right (as per similar comps in the neighborhood) and have already reduced asking price by $10,000. We’ve been listed for over a month now with only one offer (that was almost $50k lower than reduced price), and maybe three viewings. Our agent seems to be proactive enough, but we are getting concerned with the winter months coming. I’m looking through the market reports weekly, and a home in this price range seems to be extremely desirable. I’ve bought and sold a few houses in my life , with the last one during the worst sellers market in thirty years, and it sold very quickly with a lot more foot traffic. Just not sure how to get more interest in the listing. submitted by /u/Odd-View-1083 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ogjusb/not_our_first_rodeo_but_confused_and_loosing/

Hello, We bought a condo in 2018 for 650k. We’re trying to decide whether to sell it or rent it out and would appreciate your help. Here are the key details: • Remaining mortgage: $445,000 at a 4% interest rate • Estimated sale price: $1.02 million • Potential rental income: $4,000/month • HOA fees: $450/month • Property taxes: approximately $7,800/year • If we rent, we’d likely hire a property manager I’ve run the numbers using a few online calculators, and selling seems to be the slightly better option—but not by much. I just want to make sure I’m not overlooking anything important. Thank you! submitted by /u/FBZ_ART [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ogcjis/sell_or_rent/

Hey all. My wife and family built a home in a plan pre covid. We despise it here. We are listing at 679 ( south of Pittsburgh, in ground salt pool, etc) new home 3000+ sq feet. We offered 500000 on a home during an open house yesterday and on a whim went with the realtors friend who is starting a new business. I need to borrow the 200 have excellent credit between both of us and got quoted 1900 per month on a 200 thousand dollar loan. Percent is high. Does this sound incredibly “off” or what? submitted by /u/7-x-7 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1oghr7c/50_years_olds/

I’m looking for a realtor to sell my condo, and I’ve noticed that most people in my building are Asian. Also the condo is located in the area with large asian population. The realtor I really really like happens to be not asian: they seem very thorough and professional, which I appreciate. I can’t help but wonder, though, does it matter whether the realtor is Asian or not when selling a condo in a community that’s mostly Asian? Would it make the selling process easier if the realtor were Asian, given the building’s demographics? I know it might be a trivial question, but I’m genuinely curious! submitted by /u/sheepsheepim [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ogdqxk/silly_question_regarding_realtor_from_a_seller/

Looking for someone with more experience to give a disinterested look to ensure that the itemized costs and credits seem on par before closing. Thank you in advance! submitted by /u/-Jockomo- [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ofptwi/looking_for_some_disinterested_experts_to_provide/

I was fortunate enough to be in a position to buy a new house to allow me to get myself and four dogs out of the current place before listing. This means that it will be unoccupied when it goes on the market. Since living here, I’ve primarily used two gas fireplaces (not on thermostats) to heat the house, because electric heat pumps cost $$$ to run. Given that we’re going into colder temps now, how low of a temperature can I get away with setting the thermostat at and have it not be a turnoff to buyers because the house is “cold?” I’m in Tennessee for the record, not the frozen tundra. 😉 submitted by /u/Agility_KS [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ofnrxo/empty_house_what_temperature/

Living room has a south-facing bay window that gets plenty of light with or without curtains. It currently has heavy burgundy velvet curtains over light white sheer curtains. The front door nearby has a similar burgundy color. The living room is mostly empty with white walls and vaulted ceilings. Here is what they look like now: https://imgur.com/a/6FrzWO7 What is the best option for photographing and showing the home? Should the outer burgundy velvet curtains be removed leaving the inner white sheer curtains? Or should the windows go fully naked? submitted by /u/choochoochurn [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1ofmx3h/what_to_do_with_living_room_curtains/