Am currently selling a house in the country. There have been price reductions, and now sits within the county assessed value and zillow estimate. The market in my area has been slow. Its vacant, and does need some things, Currently at just under $400, had accepted an offer of $10k less. After inspections the counteroffer was $105k less than that. It has a new roof, structurally sound. Does need updates. What concerns me is that the offer was from another agent in the brokerage I'm using. (specific no dual agency on contract) There was language included in the offer disparaging the property. It seems so off base I'm surprised it was even written up. It seems a bit shady. But I'm not familiar with the process, so am hoping for some guidance. Thanks for the time to read. submitted by /u/butchdog [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vrnrnd/concerns_about_agent/

I guess its more of a very long rant. TL:DR Tried to be as nice as possible, instead got a lot of headache, down on money and now thinking what to change next time. Changed payment dates to accomodate, bought furniture that they asked for, installed AC that also needed new power socket and line from breaker with my own money, fixed broken stuff next day without asking how it broke and paid for urgent repairs, ignored subrenting room to an undisclosed family member, allowed to pay half of rent in january with promise to pay the rest till the end of the year when the contract is up for renewall (without late fees), and in summary there were 4 instances of late or partial payment where I didnt ask for any late fees. In the end they notified me that they just had a new baby, asked to lower the price that is already 15% below market, said they will probably renew even if I dont lower (I havent increased in 3 years at all), and surprised me with less than two weeks notice that they are not r...

this is revised from my earlier post as yes I forgot to factor in everyone doesn't live alone, but 29% of people in 2024 do, 267,454,918 people in the US are age 18 and above. (267,454,918 x 29% = 77,561,926. take that number and subtract it by 267,454,918 to get 189,892,992 then divide by 2 and add the 77,561,926 back for a final total of 172,508,422) As of 2024 we had a minimum of 140,000,000 houses which means we are short 32,508,422 houses as of 2024. submitted by /u/NerdlinGeeksly [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vrhftp/i_calculated_how_short_we_are_on_housing_in_the/

I found a home and brought it to a realtor - house had been sitting on the market with multiple, major price reductions. I offered $775k on a house that was sitting at $799k. The day I made the offer, the seller's agent said that they 'just' got an offer because of an open house that was held and that I need to come back with my final best offer. My agent said that I should use an escalation clause - I had already waived inspection but she said i could waive mortgage contingency. I said NO as I am a first-time buyer. I escalated up to $818k - we were told the other offer was cash, but they seller's agent did not say what the other offer was and my agent did not ask what the other offer was. The seller then said he wanted $813k for the house and for me to pay, $5k to my agent, so coincidentally $818k :), the top end of my escalation clause. My agent said that he was negotiating dirty and never bothered to give me feedback on what to do - I gave her play by play and got i...

my actual day job is building 3D walkthroughs for real estate (specifically using gaussian splatting, which basically means mapping out a true 1:1 photographic capture of a space, not a fake 3D render). when agents use this to be completely transparent with out-of-state investors, it’s a superpower. it completely kills the "wide-angle lens" illusion. it shows you exactly how cramped a hallway actually is, which way the doors swing, and if the paint is scuffed. but recently, i’ve watched so many out-of-state buyers treat virtual tours like they are a replacement for a home inspection. guys, a 3D tour is amazing for spatial awareness, but here is the hard truth about what the tech mechanically cannot prove: the smell: a 3D scan cannot capture the black mold in the vents, the dampness in the basement, or the restaurant exhaust downstairs. the noise: you cannot see the HVAC humming like a jet engine, or the elevator shaft grinding right behind the master bedroom wall at 2...

I and my husband just purchased our first home on the MLS listing of our home. It stated that we were purchasing the home on 1 acre of land in South Carolina we had requested a survey before close and the executive team of my realtor dropped the ball, so here we are a month later and they are finally contracting the surveyor. The survey company came back saying that the parcel of land is only .49 acres and we are short .51 acres based off GLS. We still would’ve definitely bought our house but we definitely would’ve put in a lower offer for the lesser land. The seller also had disclosed that they hvac system had all new components and as soon as the first heat wave came, the system went out. Luckily our home warranty is working with us, but it came to light when the technicians came that that was completely false. None of the components were new. Is there any grounds for misrepresentation of the property? What can we do? submitted by /u/Visual_Fix_2 [link] [comme...

A couple of listings I've seen have them as the party to submit offers to. Both of the properties needed some work, so was wondering the likelihood of them accepting a much lower offer. From what I've read, they are a transaction agent for distressed or possible foreclosure properties. submitted by /u/Augatl [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vq9im9/anyone_have_experience_with_bidonhomes/

i'm not sure if this is the correct place to ask but i was wondering, for a beginner where would you recommend them to start in real estate ? i'm 21m and currently pretty unhappy with my life but my sister who now works in real estate and is a bit older than me completely turned her life around with working in this field and id like to do the same but im also finding myself pretty overwhelmed. she herself suggested home inspection but im not too sure about that, i also know that i can make money in pretty much all the fields so im not worried about that either, im also finding that it's pretty expensive to get a home inspection license as well... im just very nervous about the whole thing and would like some help guiding it submitted by /u/LeviGX [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vq6x9j/i_need_helpguidance/

I’m getting ready to put a house on the market in a sellers market. The house is pristine. The finished basement has occasional water in two exterior corners. Not much and it’s easily managed with a dehumidifier. We have lived with this for years. There is also an occasional leak in the underground garage. The house itself is above average, original hardwoods, fresh paint, updated bathrooms, nice location. Houses here go above asking and quickly. What percentage would you discount for the basement issues? It only happens when there is a massive “flood warning” rain. Probably needs a new French drain along that side of the house. submitted by /u/StatementOk5086 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vq4cyw/leaking_basement/