Skip to main content

Posts

Showing posts from August, 2026

Tips to save money while renovating house

I am renovating my house which was built in 2000. I am planning to turn it into a homestay and I'm trying to cut corners as much as I can without tampering the quality. I have hired a contractor but I usually buy the raw materials myself. If anyone who has built/ renovated a house before can give me some tips on how to save some money as its my first experience and I don't want to spent much of my dads money. submitted by /u/Interesting_Run_4569 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vuehhs/tips_to_save_money_while_renovating_house/

Those who bought a house that made them house poor, how’s it going? Would you do it again?

Buying would leave me with about $100 a month after the mortgage and living expenses. Rent here is brutal too though. One of the places I’m looking at is in a student area, so I’d probably rent out a bedroom to ease the load. Not really asking whether I should do it, mostly curious how people who did make this choice justified it to themselves at the time. submitted by /u/reconcilepast [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vty3vl/those_who_bought_a_house_that_made_them_house/

Bathroom remodel before listing or let the next owner decide?

We're planning to list our house in Clearwater early next spring, but we're debating whether to update the primary bathroom first. It's dated but everything works. For anyone who's sold recently, did remodeling beforehand actually pay off or would you have listed it as-is? submitted by /u/SammuelNash [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vtudxy/bathroom_remodel_before_listing_or_let_the_next/

Real Estate Agents - part time?

I have this crazy idea at the age of 55 to become a real estate agent. I only want to do it part time while keeping my full time, salary earning job. Is that feasible? Are any of you doing this part time as a side hustle? Is that doable? Also, if you don't mind, are you brining in good money doing it part time? submitted by /u/Representative-Mean [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vtr39v/real_estate_agents_part_time/

EDDM MAILERS - Yea or Nay?

In a bit of a heated debate with my business partner over this. Wes spent quite a bit of money on EDDM mailers to a farm of roughly two thousand homes that we’re trying to break into (probably about ten mailers over a six month period costing ~15 grand) and it did not generate any additional business. We were splitting costs and I finally said we have to pull the plug because I’m not seeing any benefit for the huge capital outlay. My partner thinks if we stop now we’re wasting the money we’ve already spent but to me that sounds like a “sunk cost fallacy”. Curious to hear other’s thoughts on A) whether mailers have worked for them and B) if I should continue out laying ~$700 / mo. to send them to our sphere and new farm. TIA! submitted by /u/mikemitch38 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vtoias/eddm_mailers_yea_or_nay/

A question for agents real property sale history

I have noticed this in the past but a lot more so recently. My visibility into the MLS is via Redfin mostly. I have noticed, in the two states where I've lived recently, that properties are often pulled and then relisted. In these cases, if you look at the history section the previous listing is no longer mentioned. The one I noted just now, the listing that has been up for months is not visible yet a previous listing from 10 years ago shows as pulled. How are these listings being reset as new listings? submitted by /u/Balmerhippie [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vt1axd/a_question_for_agents_real_property_sale_history/

how do people manage renting out their property that are in diff country?

when i visit SEA, i always heard about apartment building or houses rented out but the owner is somewhere in china or US. i have a fully paid off house in us, but my family is in asia and i plan to return there in the next few years. selling this house could prob net me 500-600k in the current market but that feels like a shortsighted decision. ive been renting it out for airbnb and its been quite successful, but can i continue that when i moved back to asia? how do those real estate bosses manage properties in diff countrries? i assume employees or a rental property management company. but how do they make sure they dont get cheated on by the management? submitted by /u/blade276 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vsw6op/how_do_people_manage_renting_out_their_property/

Do you take breaks after just missing out on a really good home?

My fiancée and I have been looking for our first home for a little over a year now and I think we have both finally reached our limit of burnout. We bounced around open houses before finally getting an agent and lender and getting serious. For awhile we were figuring out what our range and must haves were and while tiring, we kept at it. Finally we found a house that was within our range in a really good area and for the first time, felt we had a serious shot at it. We made our first offer which was both exciting and down right terrifying, but really felt good about it. Sure enough, we were just outbid from our comfortable max range and left with nothing after all that emotional energy was put in. I know this happens all the time and we’re far from unique, but it feels we both need a reset. Main question is how often do you takes breaks to balance avoiding burnout, but also not often enough that you miss another opportunity. I’m not sure how long it’ll take as this is all a big first,...

How much time at a vacation/second home justifies keeping it?

We have a house on the East Coast that we try to spend a good amount of the summer at. Our primary residence is in LA, CA so the second home is not somewhere we’re back and forth to throughout the year, it’s basically just a summer home. This year we were there 7 weeks, last year it was closer to 2 months. We don’t rent it out, but we have family/friends who will pop in and stay there sometimes. We also have a property manager who keeps up the place while we aren’t there. It’s hard to justify only using the home <2 months out of the year, but when we are there, it’s a very special place to our family. My parents also live out there during the summer so my kids get to be around their grandparents more than usual. We’re not opposed to renting it out just scared of people being disrespectful, damaging, stealing, etc. submitted by /u/PassionChoice3538 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vryvnr/how_much_time_at_a_vacationsecond...

Concerns about agent

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/

Looking for advice, thinking what I did wrong as first time landlord, very long (RU)

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...

I calculated how short we are on housing in the US as of 2024

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/

Escalation clause used and seller did not provide competing offer? HELP!

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...

i build 3D property tours for a living. please don't use them as your ONLY due diligence for sight-unseen deals.

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...

Is this misrepresentation

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...

Anyone have experience with BidOnHomes?

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 need help/guidance!

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/

Leaking basement

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/

cookie cutter neighborhood for kids?

We currently live in a 130-year-old Victorian home on a private lot. We loved fixing it up before kids, but with young children, we’ve realized how much upkeep it requires. No garage, expensive heating oil, a damp basement, limited storage, no central AC, and not much functional space. We’ve lost out on 4 homes so far, all older character homes in established neighborhoods. I love the charm, but we’re now considering a newer, more “cookie-cutter” home that checks nearly all our practical boxes: 4 bedrooms, 2-car garage, second-floor laundry, and a great family-friendly neighborhood with lots of kids. I never thought I’d seriously consider this type of home, but I’m wondering if we’d actually be happier in this season of life with something more functional and lower-maintenance. Anyone else considering the same? Maybe you already live in one of these plans? Pros/cons? submitted by /u/CheddarMoose [link] [comments] source https://www.reddit.com/r/RealEstate/comm...

Genuine question that will seem controversial. Play nice ya’ll

I’ve been a real estate agent for 7 years now in New Jersey. One very odd thing I’ve noticed is when there is a buyer who is Indian (this is where the controversy starts) the selling process is always like 5 times more difficult than working with other folks. The communication, negotiations, and strategy always feel hyper-aggressive and unprofessional in some ways. I’ve dealt with this situation about a dozen times already. Can someone help me understand any cultural norms I should be aware of? Ultimately, I just want to be well informed and aware to better serve my clients. Play nice yall! I’m trying to learn. submitted by /u/dedermcdoodle1 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vpj8d2/genuine_question_that_will_seem_controversial/

Closing the 11th - mortgage due by the 15th. Pay or no?

As the title says, I'm under contract with a motivated buyer on my house. If all goes well, we close on 9/11. She's using an FHA loan with 20% down if that at all matters. My mortgage is due 9/1 but I don't have to pay it until 9/15 (and then a late fee will incur on the 16th). I've never had a late fee in the 10 years of living in my house, but I'm more worried about messing up the payoff/sale process somehow. I'm getting mixed feedback from people who have done what I'm doing and were fine and others on Reddit saying I shouldn't risk it. My new rent is also due on 9/11 and I can't shell out two hefty payments at once but I can figure it out if needed. Has anyone had actual experience doing this? I sent a message to my mortgage lender but won't hear back until Monday probably. submitted by /u/LinaZou [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vpg7zy/closing_the_11th_mortgage_due_by_the_15th_p...

Real estate agents and open houses

I hope to move eventually to a 55+ community. Have found a community I really like. However, my current house needs renovations and I would probably doing them over a couple of years. The community I am interested in is very large and they have a lot of open house showings on weekends. Would I even been let in to see them if I don't have a buyer's agent and just go by myself? I would be kicking the tires, so to speak. submitted by /u/OilPure5808 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vp8d50/real_estate_agents_and_open_houses/

Should we sell? Property value has at least doubled. No mortgage.

We live in Rhode Island. Property values have gone up quite a lot. We purchased a 2700 sq ft colonial at $380k in 2018. Cash. We have done few upgrades such as a new kitchen, added a pergola off the living room to pool area. Painted, new carpet upstairs. Zillows estimated value is around $689k. Recent comparable home in our town have listed around $699 and have sold for as much as $820, with bidding wars. And those homes do not have as many upgrades as us. Such as a pool/ finished basement, central vac, central ac etc. We know this isn’t our forever home. We actually want to downsize, yet more private/ property. Properties we have looked at are currently in the range of $650-$850k. Is now the time to sell and move to our next house? Or should we be sticking around because it’s paid for and value is high? I’m hoping to almost do an “even swap” in the sense of selling and buying. submitted by /u/aabbcc401 [link] [comments] source https://www.reddit.com/r/RealE...

Wallpaper in a staged and updated home: harbinger of doom?

I am in love with the location of a home in my city, and sent the link to my spouse: Immediately, he nixed any discussion because the kitchen is covered in wallpaper. The home has been freshly painted interior and exterior, they’ve updated the yards, and the kitchen has ugly wallpaper. Appliances updated, new furniture staged, but ugly floral wallpaper He says if the walls were in reasonable shape, or the wallpaper possible to remove, it would’ve been removed prior to the showing. he says ifs a non-starter Any counter-thoughts or is wallpaper really that terrible? (i never experienced wallpaper in my living spaces) submitted by /u/glorificent [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1voeldk/wallpaper_in_a_staged_and_updated_home_harbinger/

New lender same issue…

I posted not too long ago about almost losing earnest money and yet again I’m in the same spot because of the HOA last day I’m finally about to close but find out my lender won’t close because of hoa delinquencies is over 15%. How the hell is the hoa gonna tell us about this on the day of closing. We weren’t able to extend the contract and I might lose my earnest money now. Is there a way to fight this?? I genuinely don’t understand how this could possibly be on me and I don’t get my earnest money back I called the company and they said the contract has ended so they don’t have to give it back what are my options? submitted by /u/Awkward_Fortune_114 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vo8c6i/new_lender_same_issue/

My agent wants to list my home 20k below the value.

Everywhere I checked on line says that my home is worth between 530k and 520k. He wants to list it for 500k. He says that the market has soften. Of which I understand. I just feel like that much less is a lot of loss for me. Where or how can I get an accurate value for my home. submitted by /u/CarefulPizza3181 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vo3w4u/my_agent_wants_to_list_my_home_20k_below_the_value/

Minnesota seller: At this point, wait for spring?

One of my goals for 2026 was to sell my 2-year-old, one-level home (purchase price 409K) and downsize to a more affordable townhome. Because my current home would be competing with new construction (in other developments; mine has been done for a while), the plan was to buy first, move, prep and stage, then list. But the buying side hasn't worked out as I'd hoped. New construction options I can afford come with major location drawbacks (near a data center or near a freight train; pick your poison), and rates are too high for resale (I currently have a 5.375% rate). Given that it's mid-August now, and even if I found something today that I wanted to buy and could close quickly, I'd be listing in Minnesota in late September/early October, which is not ideal. There's also an unfortunate recent comp in my neighborhood that sat for six months and sold for 415K (though that was a 2-car garage, and mine is a 3-car garage). Earlier this year, previous comps in my neighborh...

Can’t Get A Hold of The Agent

I’ve been trying to get a hold of the agent on this listing for about two weeks now and no luck. I just had one, very brief conversation with them once asking if they were still accepting offers, they said yes and that was that. Since then, I’ve called, left voicemails and no response. Listing shows active and the Supra key is still on the door. The listing says to send offers to their email but I wanted to have a quick conversation before doing that. What gives? Don’t they want to move this thing? submitted by /u/da0217 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vn3125/cant_get_a_hold_of_the_agent/

Why does listing claim "motivated seller" when home has been on the market since last year and no price decrease, but an increase?!!!

I don't understand when agents claim to have a motivated seller, yet after the house has been on the market for several months, they haven't adjusted the price. Then looking at the history, I saw it was listed LAST YEAR and withdrawn. Then re-listed in May with a higher price than the price when it was withdrawn. Make it make sense... submitted by /u/Augatl [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vmz1qa/why_does_listing_claim_motivated_seller_when_home/

How to create a side income out of a Facebook group for house rentals?

​ Hello! I'm the only admin of a Facebook group dedicated to house rentals in my city in Mexico. The group has over 75k members. Everything has always been free. People post their houses and interested people comment and ask for an appointment to see the house. I'm not trying to make people pay for a free service, but I'm looking for options for how to earn some bucks (or potentially starting a business) by offering something on my facebook group. Any suggestions are welcome. submitted by /u/backwardbackwards [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vmkm8h/how_to_create_a_side_income_out_of_a_facebook/

With the new us housing law on the horizon is it time to sell if you can?

I'm in a pretty rough market at the moment prices down nearly 10% compared to even late last year but from what I understand the new housing law aimed at making house more affordable has a veto proof majority and will go into effect eventually. I am super for this, I want everyone to be able to own a home but looking after my own investment is it time to sell and wait to see how far the market drops or just stay out and hope for the best? No mortgage, any replacement property would be bought cash if that matters. submitted by /u/RedQueenNatalie [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vmnryt/with_the_new_us_housing_law_on_the_horizon_is_it/

How can I fire my agent.

That real estate agent friend that are known for 20 years. Never used him in real estate until now. Turns out he does not operate with any kind of speed or intensity found out his successes in selling low cost houses not a fully remodeled home. It’s right at market price. I signed the agent agreement. Is there a way I can get out of this? Can I threaten the broker? He keeps blaming everything on his broker submitted by /u/shitstain409 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vm2m9c/how_can_i_fire_my_agent/

Passing along information to buyer

Preparing to sell our house. Previous owner loved technology and smart features. We spent weeks trying figured out what was what and how everything functions. Do you think a list of known technology and apps to run it would be appreciated by the buyer? Also we have made improvements to the house like new windows, solar panels, etc. Would providing the information for what company did the work would be beneficial to the buyer? I would provide this at closing or after closing. submitted by /u/nearthebeer [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vm18q4/passing_along_information_to_buyer/

We almost got stuck with a property with an open Code enforcement, and possible water issue

My wife found some property(9600sq ft) that was clear cut and looked to be ready for building a house on it, for 85k. When we did a check on the parcel it had a possible issue that just said "Water". We got with the sellers agent and we were told that all violations had been taken care of and there was nothing open currently. My wife decided to work with the seller on getting a deal in place. She wanted to get more information on the water issue and she was able to work out a deal in that we could get the property looked at for a septic system and any other issue that may stop us from building a house on the property. My wife paid a 2k holding fee and a time frame to do the needed evaluation of the property. We found out that to get a septic system installed we would need to do a two season review of the property as the area is known to to have high water table and its also near a lake. The property owners, have had the land for about 5 years and they clear cut the land t...

Somehow wound up with one agent? Bad idea?

Wife is looking for a commercial property to buy to grow her business. Found the "perfect" listing herself while driving by, called her realtor that couldn't show it to her at that time. She then called the listing agent which was happy to show it to us a couple times now and ever sense then we've been doing everything, questions, showings etc. through the listing agent. Our realtor basically bowed out of the whole thing and isn't involved now. Q: We want to buy and now I'm kind of confused, we are going to write up an offer with the listing agent? I know agents aren't "fiduciaries" but I've definitely had agents on my side help me in my interest before. Q: Could I conceivably reduce agent fees to 1~2%? $3750~7500? We have had several legal questions concerning right of ways and suitability (ADA concerns etc) that we, on our own, sought independent council from multiple parties. Agent's really done nothing more than show up and open ...

First-time buyers in Italy – how & when should we approach real estate agents?

Please be patient with us – we are completely new to the real estate game! We’re a couple from Germany planning to move to Italy next year and buy a house. We’re about to spend two weeks driving around different areas and towns that look promising to us on paper - mainly in Abbruzzo But obviously, ticking all the boxes on an Excel sheet doesn’t mean we’ll actually like the place once we’re there. What we’re unsure about is how to approach real estate agents at this stage. Is it too early to contact them when we don’t even know exactly what we’re looking for yet? We definitely don’t want to waste anyone’s time, but at the same time, I feel like we need to see a few actual properties to understand the local market, what different budgets get you, and what kind of house we could realistically see ourselves living in. I’m also slightly worried that Italian agents won’t take us seriously because we probably sound like the absolute cliché: Germans coming to Italy, looking at old houses ...

Jaded seller

I relocated two years ago for a new job. My wife was still working her position a couple hours away so we kept the home for her to live in. However, during that time, we have listed a few different times to try to sell the home. I am now on my third realtor. The initial interview seemed great. Seemed aggressive. Now, more weeks into signing documentation and the home still isn’t listed yet. Also was super responsive in the beginning but now it’s days before I get any correspondence back. The first two times I had costs I had to cover with canceling the contract. again here I am pictures and things have been done that I’m going to have to pay for. I don’t have a great feeling about it and giving my past experience. I don’t wanna waste any more time with someone who seems to be phoning it in right from the get-go after the contract was signed. Sorry, I’m just venting, but I’m super frustrated with the third person who hey seriously lacking in communication. The business I’m in, the...

I feel lost and dont know when I should pull the trigger on my first property

Hello, I'm 19 and I've been interested about getting into this field for a few years now. Right now I work a decent job but I would love to get the ball rolling on my true passion. Eventually, I would love to quit my full time job and go all in with real estate. My plan was to start small with a duplex for househacking and scale my way up. In my mind this is a cheaper entry point and maybe an easier way to start. My biggest issue right now is that I have no idea where to start. I've watched YouTube videos on this topic for a year now but I still feel lost. Another issue is that I don't know when it's time to pull the trigger and purchase the first property. I don't want to purchase it without enough knowledge but at the same time I feel that if i wait until I'm ready it'll never happen. I'm hoping that some of you could provide some basic topics for me to study that will point me in the right direction and get me started. Also, any advice or perso...

Selling the top of the market in a rural area

I don't want to dox myself so I don't want to post a link, but we've been on the market for ~2 weeks and only had 4 showings, with about 10 people showing up to the open house last weekend. All of the feedback has been great, the pictures are amazing, it has a good drone video with like 15k views on Facebook with people in the comments gushing over it, which I consider pretty good when our town only has a population of ~8k, maybe ~15k people live within 10 miles of the house. It has like 130 zillow saves while the average house in 2 weeks around here has like 10. Like the house is stunning, it sucked our family in with remote work, for the money you'd be happy to find it basically anywhere in the US. We just want to move next door to some friends with mountain bike trails, nothing personal against this house other than proximity to our friends. The house is 2x the very low median income price of a house, but the size is 2-3x the median. It also has some nice amenitie...

Saw a home with a different random realtor, now we are interested in purchasing said home. Did we f up?

tldr; Saw a house we actually liked with a different agent than our regular one by tagging along on someone else’s tour. Did we mess up if we ultimately put an offer in on the house? We have been looking at homes for a few weeks now with little luck. Pretty much every single one has a major issue that takes it entirely out of consideration. During this time period, we have worked with one specific realtor who has done a great job and we want to stick with. On our own we have also been going to a few open houses here and there. Here is what created the problem. We went to what we thought was an open house. Turns out the website we saw it on pulled the wrong info, and it was a week later. Through pure happenstance, a different real estate agent with clients came at the same time for a scheduled showing. At this point, either the clients or agent (can’t really remember which) offered if we would still like to see the house, they wouldn’t mind us tagging along. Reason being, they weren’...

Emptying and selling in-law’s home

My husband and I have the enormous task of emptying and selling his mother’s home. Luckily she wasn’t a hoarder or anything and we’ve had some time to prepare, so a lot of the junk is already gone. Does anyone have any tips or resources for how to go about this? We will be living in the home while we clear it out, so that kind of complicates things. submitted by /u/Expensive_Goal_4200 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vk078u/emptying_and_selling_inlaws_home/

Hiring a team to negotiate for me.

I want to negotiate on Ben Mallah's house and other properties, but to say the market is over-priced is an understatement. I'm aware how dealers and brokers transact with each other to run up the price, but then they all end up with inflated inventory that just sits. Dealers/Brokers use the price points on Zillow, Bring a Trailer, Cars and bids to signal value to retail buyers and get bigger loans with cash-out refinancing. Where is the buyer who wants a tuscan house in Florida? They dont know about planes? Realistically, the buyers for this got vaporized. The mechanics that allowed people like this to get rich sitting off their asses is ova. This is the perfect opportunity to low-ball the shit out of the house. It's ok because Ben would advise it. If dealers are going to inflate the costs and fck the middle class with PPP loans and ZIRP era shenanigans, the least they can do is provide content for social media. submitted by /u/Heidi_PB [link] [co...

Another rent or sell situation.

I own half a townhouse. Strange area for housing prices. I snagged it 12 years ago for 42k. My financial situation made me take out a 30 year loan which seems silly but it is what it is. I still owe $30k. Assessment is $120k, so we have some good equity. 3 bed, 1 bath, 2 car garage, good sized yard. We just purchased a large 2600 sq/ft 6 bed, 2.5 bath, 2 car garage house. It was a foreclosure, and all the copper had been stolen out of it so it needs plumbing and heating redone. We got it for $45k. Contractor says $70k to get it to living condition. I figure I could rent my current home out for $1600 a month. But then I have $120k in debt on the new one to pay back. Or do I sell it, and pay down all or most of the debt on the new one. Looking at all my options and would love some opinions. submitted by /u/SkittleCar1 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vjo6ve/another_rent_or_sell_situation/

Would you buy a dream house if the land behind the backyard is zoned for a 5 storey 55+ condo?

The home and property check allllll the boxes. Beautiful well-kept, treed and fenced backyard on a pie-shaped lot. Large kitchen. Gas fireplace in the living room. 5 bedrooms, 4 baths. Mudroom. New hardwood and ceramic tile floors. Within budget. The only problem is the potential for a future 55+ condo overlooking the backyard. I believe the condo would be 40 feet from the property line. I estimate we would see 1, maybe 2 storeys above the trees. I believe this has decreased the price significantly. We would not be able to afford a home like this otherwise. Additional info: - We live in a cold climate where it’s only balcony weather 5 months of the year. - the condo would be to the north and not block any sun. - we currently live in a duplex. The neighbours keep 6 mini poodles on the other side of the shared wall, and there’s a loud concrete factory across the street. We are used to a lot of noise, so I think we could handle construction noise. submitted by /u/s-aman...

Seller completely shut us down, no counter. Anyone have this happen to them?

Saw a house twice. We waited a week to offer on it as my husband had surgery and I wanted to wait until he wasn’t loopy to make an offer. Listing says motivated sellers…the seller is an older woman and her mother. I think it was intended as their forever home but her mom could not get up stairs anymore. They’ve already moved from the home so it’s vacant/empty. Been on the market 3 months…again, they made a huge deal about how “‘motivated” they are and the seller is literally begging people on fb to share it and that she needs help to sell. Offered right at 10% below asking which my realtor thought seemed decently reasonable. He even told me they seemed highly negotiable before we put it in. They rejected with no counter. We verbally offered up to 5% below and they still rejected with no counter. It’s obvious they do not even want to attempt to negotiate or speak with us, they are very short and have said both times “good luck” I am left baffled. Obviously there’s not anything we ca...

Florida, California, and Texas remain the most popular states for foreign buyers, with 47% of these international transactions nationwide being all-cash deals.

And the other buyers are private equity groups like Blackrock. Top 5 States for Foreign Homebuyers—Where Nearly 50% Are Paying Cash for Homes submitted by /u/Minute-Intern-682 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1viqfec/florida_california_and_texas_remain_the_most/

Is the realtor supposed to be at showings?

I reside in a three-story house with a basement and an attic apartment that have been remodeled. The main floor, however, remains in disrepair and it’s not in the pictures of the house that’s up for sale. Two weeks ago, my landlord cousin informed my uncle that the property was up for sale unexpectedly. It was strange that she didn’t even mention it to me since I’m the one paying the rent. I’ve been complaining about numerous maintenance issues in the past six months. It appears that the landlord is reluctant to address these problems, as it took him an eternity to fix the hole in the wall caused by burst pipes in December. My landlord cousin, who is also a handyman, finally fixed it. She mentioned that the property has plumbing issues and that the pipes keep breaking during the winter, the owner, her cousin is too cheap. Now, all of a sudden, the property is up for sale. A few days after the property listing went live, the realtor had contacted me because the landlord cousin gave out...

Experiences with Point (HEI)?

Hello. I’ve been having issues selling my home as it is owner occupied, and I was looking into options to tap into my equity in order to move into a new home, leaving the one for sale vacant (+ making minor repairs). I’ve been looking into a HEI through Point. “ Point's Home Equity Investment (HEI) provides homeowners a lump sum of cash (typically $30,000 to $600,000) in exchange for a share of future home appreciation. It features zero monthly payments for up to 30 years, no income requirements, and accepts credit scores as low as 500” According to their calcs, if I were to borrow $40,000 of equity, as long as I sell my home within the year, at around the price of my current home value, my total repayment would be $47,590. This repayment remains $47,590 even if I sell it for a bit more. However, if the home did not sell and it were to take say, 3 years, I would owe north of $70k. Is there more to this? Does anyone have experience working with Point… Worth the risk if I am looki...

Reasons for a house to go pending/contingent multiple times without selling?

There’s a house we’re interested in that has gone pending/contingent multiple times within the past year. It has never actually sold and each time it’s listed it’s about $50k less each time. Judging by the pics it doesn’t look bad and based on area it should be selling for more than what it’s listed for. Before we go and start anything with the house what are some reason people have run into houses not going through with the sale? submitted by /u/Admirable-Bee-4708 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vi65bg/reasons_for_a_house_to_go_pendingcontingent/

when should we list our condo?

We live in Eastern Massachusetts (coastal town) and just bought a new home that we're moving into towards the end of August. Our agent is suggesting that we wait to list our condo (2b,2b) until after Sept 1, with an open house on Labor Day weekend. She says that the last weekend of the summer is always a bad time for open houses, while people who are looking will come to an open house on Labor Day weekend. We trust her expertise in the local market, but it just makes us a little nervous, because we thought holiday weekends were generally considered a bad time to list. What do you all think? submitted by /u/dagaetch [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vi481h/when_should_we_list_our_condo/

Spec Homes

For those of you who go with a spec home, vs a custom, what are the reasons? Also same thing for those who go custom. Thanks. submitted by /u/Witty-Atmosphere-211 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vhdz4w/spec_homes/

Septic Tank Issues 3 Years After Purchase - Inspection was Incorrect

We are in Oregon and bought our house in 2023. it’s an older house (~90 years), on an acre within city limits, and has a well and septic. We love it and want to make this our forever home. When buying, there were a lot of issues identified on inspection. New roof was need, foundation needed shoring up, etc. It’s an old house that could have been maintained better for sure. We got bids for all the proposed work and used those to receive credit at purchase. The DEQ septic inspection was done by a local company that still provides septic services in our area. It said our collection tank was 500 gallons, made of concrete, cracks were forming, and it should be monitored for replacement. The inspection did not include the distribution box or drain field. This was acceptable to us and we did not seek credit or a price reduction for the septic system. Fast forward to this week and we had out septic pumped for the first time for preventative maintenance. The technican opened the lid, which w...

Where should we enroll our kindergartener while we sell/buy in different school districts?

Basically we are under contract to buy a place that is in a different school district only a 4 mile drive from our current house, getting the kid there wouldn't be an issue, we are actually closer than the new house is. Buying this house has a contingency on selling our house - its a rural area and its the top of the market so it could take up to 3 months. The sellers understand this, its a FSBO/no agent deal, our friends live next door to the house and the sellers are happy to sell to us. If it takes too long I'm qualified by the bank to take on the 2nd mortgage as well, but obviously want to avoid that. School starts the 2nd week of September. Our kid did pre-kindergarten for 3 & 4 year olds at the same elementary school that kindergarten is at, so its "his friends". We could pay a small tuition to enroll our kid into kindergarten or have the sellers "lease" to us for residency until we can close to get him into the new kindergarten at the beginning...

Can you make it in real estate without posting online?

I’ve been an agent for a few months now and I just don’t know where to start online. I’m in the standard “attractive female” category by other’s opinions so posting online shouldn’t make me shutter but it does. Idk what’s holding me back from posting on FB. Maybe I’m afraid of what some people might comment? Idk. I also don’t want to seem too sale-sy to my real friends. Did any of you overcome your aversion to posting online? Where do you even start? Is it possible to be a low-key agent and not post a bunch online in this day and age? submitted by /u/juicydreamer [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vgxffl/can_you_make_it_in_real_estate_without_posting/

Foreclosure question for someone near me

I live in a judicial foreclosure state (Louisville, KY). I have a neighbor who has been causing a lot of disruption and recently found out he is involved in a foreclosure case. Here is what I have learned about it so far from other neighbors and looking at the public records I can find online. His mother was in the house before and died last year. He now occupies the house. A lis pendens was filed by JP Morgan Chase in Florida in December. I guess it was originally against her estate and unknown heirs, but this neighbor currently living in the house was added by name in an amended lis pendens in March. I called the courthouse to ask about it, and all they could really add over the phone was that there are warning order attorney's involved and multiple cross claims. I didn't realize on Courtnet you can search by case. I learned today that this neighbor is listed "individually and as a cross-defendent." Louisville Metro is also listed as a cross-defendent. I'...

Final walk through

Hello! We are selling our home to buy our next home and we close on Monday for both transactions. In our contract we requested and were granted 3 days of delayed possession so we can close on Monday and move what we can afterwards, have movers come Tuesday and be done early Wednesday so we can clean so it’s ready for our buyer before the 3rd day. Our buyer has requested their final walkthrough for tomorrow, 4 days before closing. Problem is, our house is packed but not perfect as we still have regular day time jobs and a toddler to clean up after every 2 seconds. Is there anything we can do to make a packed house still look ok? Besides moving boxes to maybe just one area? I just feel bad that they are walking thru a disaster zone because of mid packing, but she requested this early date so I am sure she has a reason for it! Our final walkthrough thru is Sunday at our new house that we know is empty. Thoughts? submitted by /u/ashlynise [link] [comments] source ht...

We are selling and I’m afraid our realtor took bad photos

Edit: We are moving out this weekend. Consensus seems to be retake the photos with the house empty and update the listing with that. Our house is $215,000 - 3 bed 1 bath. We had a kitchen fire two years ago and completely gutted and rebuilt the house. New roof, new hvac, new electric, new insulation, new interior. The works. Our realtor has been fairly uncommunicative and I personally think our pictures are not good. Do you all have any advice? For example, our home has been on the market for a week now and we are about to have our first showing. I suggested we do an open house and we got no response. https://www.zillow.com/homedetails/1822-Rosewood-Ln-Elkins-AR-72727/72868720_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare submitted by /u/LayupsR4Basketball [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1vg9rff/we_are_selling_and_im_afraid_our_realtor_took_bad/