Posted by Kristine-CA on June 19, 2004 at 22:55:07:
Verve: thanks for your reply. The problem with listing a property on which I have a contract is that the title report will come up with the seller’s name will come up. Then we have an agent in the middle who probably can’t explain it very well–I can’t blame them for that because it’s difficult to explain. Also, the paperwork–the Realtor Board contract and it’s requirements are things that I think prevent getting a deal done.
When you’ve listed your properties for $300.00 are you also getting the services of a listing agent, or are you doing your own paperwork and working directly with the seller?
Your post really gave me some things to think about–like using hard money to close on deals that I know I would get higher selling prices for if I listed and sold via the mls. There are so many out of town investors that have different criteria for their rehabs and their buy and hold deals–meaning that they are willing to spend a lot more than the old network that worked the city for years without any appreciation.
Thanks for bringing up the mls idea. Sincerely, Kristine