Forum Replies Created
As long as you have made the decision with your mind rather than your heart it sounds fine.
Pisces
It may cause problems in that likely the agent may be entitled to commission.
That was the reason for me asking you whether you had inspected the property together with the agent.
Normally there is a clause on the contract which states that you, the buyer, hasn’t been introduced to the property by any agent other than the agent mentioned on the contract.
There could be all kind of complications with the vendor being taken to court by the agent and the vendor looking at you to reimburse them for the claimed commission.
Pisces
No Chan, the bet I proposed in my private email related to my wife not me.
She is the funny one in this partnership.
I do not have the required skills unfortunately.
Pisces
Come to think of it, others may perhaps like to come as well ?
Pisces
Well, take your wife out one night to the Comedy Store at the Fox markets (Sydney that is).
You can book on 9 357 1419
(Sorry about the advertisement Steve – this is serious business. I don’t want Chan to miss his calling)
If I am right the public can stand up as well and tell a joke or two.
If you like we can make it a foursome.
Pisces
>>Since you have so much time on your hands, how about you jump on a train and do a run or two. Gotta help the drivers out a bit.<<
Leave him alone Rugby Fan. Do you want the mirth to dry up ?
Pisces
Barbeque a Rugby fan, soccer is a better pastime’
>>The best bet is to find a mentor. If you cant what do you do – have a go yourself, learn and make a few mistakes along the way or pay for a Seminar $1200.<<
Unfortunately mistakes can be expensive.
A mentor is a good idea but how long does one need to run around with someone else to learn all of the pitfalls ?
Pisces
That post of yours raises the question as to how we can influence the agent to use the second rather than the first of these communications to the vendor.
Pisces
You have missed your calling Chan.
You are definitely wasting your time being busy with real estate.
Pisces
Woof woof, if he, woof, is a Pisces then he is O.K.
Then again it also depends on what star sign you yourself are born under Mini.
Were you saying you speak swedish ?
I thought you said earlier that he was your girl friend’s boyfriend !? (or have I got that wrong?)Pisces
Some questions :
You are interested in buying property. Do you have a particular type of property in mind ?
If not then why buy ?
‘Why buy’ because otherwise you will buy what someone wants to sell you rather than you looking for the type of property you are after.
Whoever sells a property isn’t anywhere as important as whether they have the right kind of property for sale.
Until you’ve actually established guidelines it would really be a waste of time to even look.
I suggest you read some posts here to get an idea how to judge a property.
YOU will need to set the perimeters for such things as
1. the size of the town you are willing to buy
2. the type of house you are after
3. Is it capital gains you are after ? If so what is the scope for such in that particular location ?
4. the demand for rental properties
5. the ability of the tenants (is there plenty of work available for the town’s inhabitants)
6. etc etc
If you haven’t addressed these issues you are buying for buying’s sake.
It is a bit like sending someone to the shops to buy you a pair of shoes. Unless that person is told what size and what type of shoes to buy you may finish up with sore feet.
I have been around real estate for many years. Yet I (literally) spent a couple of weeks looking at posts
on a wrap site (not this one), copying the posts which I thought had a good idea in them, then printed them and read them at my leisure.I am assuming that you don’t know a lot about real estate. If that assumption is right then may I suggest that you will benefit from spending a lot of time digesting some real estate books first, then look at a lot of the posts on this site , decide your perimeters and thence go and look for the property that suits your particular circumstances.
If I am mistaken and you have actually done sufficient research and set your perimeters then this post is not for you (though some others may perhaps benefit of what I am saying above).
Cheers,
Pisces
An agent will often say when one makes an offer “Only two days ago someone made an offer considerably higher than yours and the owner didn’t accept it”.
Often that isn’t true and he is only saying this to coax a higher offer out of you.
On the other hand the agent may quite possibly be telling the truth and if you don’t believe him (as I am inclined to do as a matter of course) one may well be missing out on that particular property (as has happened to me on a few occasions).
Personally I would be reluctant to make an offer in writing as an unscrupulous (?) agent may show my written offer to another buyer in order to get a higher offer from that person.
It means that one has been ‘used’.
I do not see this as an unfair tactic by the way.
How do others approach that situation ?
One particular obstacle which I have sometimes run into (mostly I buy without an agent) is when the vendor tells me he or she will discuss it with their solicitor. That is more likely than not just an excuse (a blatant lie if you like to call it that).
It really means that we haven’t been succesful as the owner obviously thinks our offer is too low.
In my opinion the reason the vendor goes about it that way is because they feel uncomfortable to say ‘No’.
Any comments anyone ?
Pisces
With the features as you describe them Mini I wouldn’t be surprised if they really came from outerspace originally. [
]That will also explain why their cars are as sturdy and reliable as they are even though they look like a bus (no offense anyone, I drive one myself).
Sturdy because they obviously have utilised their space technology to build a car as reliable as it is.
So what car does your Swedish friend drive Mini ?
If it isn’t a Volvo then he would most likely be an imposter, despite his good looks.Pisces
‘Swedes’ as in vegetable ?
What do they do for you Mini (or, rather, for the man in one’s life) ?
Pisces
>>Unfortunatly it did not convince him to present my offer.<<
In that case he is in neglect by breaching his duty of care.
Perhaps the owners have instructed him to not come back with any offer less than xyz dollars ?
That would make some sense out of the story.Did he actually show you through the property Felicity ?
Pisces
>>What about the chemistry?<<
On a more serious note now :
I was only watching a program on that very subject a couple of nights ago.
Our behaviour has all got to do with hormones and spheremones.
Sometimes one hears about a mother who just abandons her baby. This is apparently caused by the lack of a particular hormone which is responsible for evoking motherly feelings in the mother.
Not having such hormone (or a not sufficiently high level of such hormone) in one’s bloodstream and the mother no longer has motherly feelings and can quite possibly act in a rather coldhearted fashion.
I know for example of a woman who had three chidren, the youngest just 1 year old or so. She was around 40 years old and abandoned her children because she ran off with a 22 year old boy (this is a true story).
When my wife mentioned to her that for heavens sake at the very least the youngest child needed its mother she just shrugged her shoulders and said the father could look after it.
The main reason i think was because the callous young man had told her that he was happy to go away with her but couldn’t be bothered about her children and in fact didn’t want them.
It is easy to condemn but we soon sober up the moment we realise that we are all in the same boat and are in fact on automatic pilot and that we are all acting the way we do because we have been programmed to respond to the release of some hormone in our body.
Frightening really.
I just remember that during the seventeenth century children were generally considered as a nuisance and, by our present standards, were in fact seriously neglected.
If the story about the hormones is factual (as I believe it is) perhaps it is our diet (or the availability of food) which is possibly the cause of the change in behaviour in our present society.
I remember also (reading about it that is) that at the beginning of the 1900’s six year old children were employed in the mines in the U.K., working 10 and 12 hour days (children were used because they were able to get into shallow spaces whereas grown ups couldn’t.
I was for example told that my grandmother, who was a waif, was being looked after by some distant family and in order to earn her keep the six year old had to work long hours standing in water to her chest collecting mussels. (that was around 1870).
Sorry guys to spoil your fun with sad stories.
Pisces
What I don’t understand is how it is possible for there to be such a discrepancy between what you Felicity consider the correct market value to be and what is the asking price.
I suggest that it may be a good idea to ask the agent whether he can show you some recent comparable sales to confirm the proper value of this property.
Is the agent aware that you have bought several properties already in the recent past ?
Pisces
>>cosmetic makeover<< ??
and
>>as most are structurally sound and well built, able to stand many years of…ahm…. use for their intended purpose.<<
They need more than just a cosmetic makeover Mini.
I understand that many are serious imbibers and it isn’t water that they are drinking.
So how could they possibly function well in the department which you don’t want to name ?
Would the solution to that problem perhaps lie in you establishing a vitamin division and selling them some vitamin supplements to pep them up ?
Then again, how can they afford that on the dole ?
Pisces
An agent wants, needs to basically know that he is the only one selling it if he is going to spend money advertising the property. And that is only fair and reasonable.
On the other hand the vendor is entitled to receive assurances that the property will be actively promoted during the agency period (i.e. advertised and open house once or twice a week).
If an agency isn’t prepared to give such guarantee then look for someone else.
I note however that over the last ten years or so the trend has been that the agent asks for the vendor to pay for the advertising.
I don’t quite know how to handle that aspect.
Does anyone else have any ideas there ?
Pisces
To be honest,I don’t understand why people bother with Mr Jenman.
He is irrational in many of the things he says and merely pushing his own barrow.
Pisces
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