Skip to main content

Buyer beware? Looking for advice on realtors

I just bought a condo and it’s great but this is after a stressful process. I’m wondering how common these experiences are because I want to learn for next time.

I worked with one realtor for a short amount of time and he kept pressing me to get properties that I didn’t want. I clearly outlined what I was looking for but he kept showing me more expensive places and there was a ton of pressure without a lot of knowledge - he wouldn’t tell me the pros and cons of each area or building. So I decided to move on.

I found another realtor through a referral and she seemed great at first. She actually found a place right away, she seemed knowledgeable and after two meetings I bought. But after the papers were signed she just gave up. She was late for showing me the condo after the deal was done (kept flaking and then was late when we finally met), she wouldn’t follow up on things and she didn’t tell me that they had corrected the postal code on initial paperwork...so I had a panic before closing that they had the wrong address. I found out that they had corrected it but didn’t tell me - but I had given my house insurance, energy company, moving company etc. the wrong address. I asked her about this and all she said was “it happens”

I insisted on a final walk through and she was very reluctant. She just sat on the couch on her phone and didn’t want to help out at all. Her office sent an email to me saying that the seller couldn’t find the parking garage key...but she had actually given it to me during a previous visit!

The other day she was putting on a ton of pressure on me to contact one of her contractors. I had mentioned putting in shelving and she was super anxious for me to get in touch because he books up quickly. But I move in a week! I’m just worried about moving and correcting my postal code. If I have to wait a year for shelves, so be it - I have other things to take care of at the moment.

I know it’s a service industry and buyer beware but I used referrals and interviewed the agents. I did my best. Is this a unique experience? I’m so tired and worn out...and worried that something else might not be right. Also, I don’t want to move again - are other agents better? It seems like buyers in a hot market just don’t matter...I would think she’d want to keep me as a future client but I guess not?

submitted by /u/babsy6568
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/dpfpn0/buyer_beware_looking_for_advice_on_realtors/

Comments

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...

Obtaining a real estate license as a hobby?

Hello, I am 24 years old - 2 years out of college and I have my main job. I was looking to get a real estate license (in California if location matters) as a hobby/for fun since I like real estate ever since I was in high school. In the past 2 years, I would go to open house in the weekends to look at homes for fun. I don’t plan to practice real estate full time as I have my main job but I am curious are there any benefits to this? In the future, I plan to own multiple properties and have rentals, so I was wondering if getting a real estate license can help me with it? Thanks submitted by /u/AlohVera [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1f0qx9i/obtaining_a_real_estate_license_as_a_hobby/

Advice? Moved out of my primary residence and now renting

I moved out of the house I own in August 2021, I lived there for 8 years, I have been renting an apartment the past 3 years and renting out my house. My current tenant is moving out in September. I seem to have just missed the living 2 years out of 5 years rule for being exempt from capital gains tax and my house being a primary home. Any advice on what the best thing to do would be moving forward? Continue to rent out my house? I'm happy with my rental, but wouldn't mind buying another property down the road. I could sell my house down the road and try to do a 1031 exchange? Moving back in my house isn't ideal because it's an hour away from where I currently live. I could take a HELOC perhaps and try to buy another property and continue renting for the long term? I do have a 2.4% mortgage rate on the house so I don't mind keeping it for a while. Thanks for everyone's advice. submitted by /u/Ok-Top-7859 [link] [comments] source https://www.reddit.co...