commisions

[need2no]

does anyone know of a realtor who will negotiate a flat 4 % selling commision?

[Fredman]

The problem u will have is that realtors are reluctant to show a house with a low commission.

[manaboutown]

The problem u will have is that realtors are reluctant to show a house with a low commission.

:agree:

[retiredguy123]

The problem u will have is that realtors are reluctant to show a house with a low commission.
I think that there are realtors who will list your house for 4 percent, but 3 percent goes to the selling agent. So, other agents have no reason not to show the house. The only difference is that the listing agent will not invest as much money in marketing your house. But, the house is added to the MLS system and marketed by internet web sites like Zillow. Whenever I have listed a house, I pay full commission, but negotiate a good marketing plan, and require the listing contract to allow me to fire the agent if they are not doing a good job. You should ensure that the listing agent earns whatever commission they charge, and not just collect 3 percent when the house is sold by another agent.

[graciegirl]

Sell it yourself and use Mclin Burnsed as closing lawyers.

But first. Clean it good and get rid of excess furniture. Have the interior painted a neutral tone and ask for guidance from friends who are really good with home décor.

AND thoroughly study what other similar homes have sold for recently,( include location and lot in your research,) before you price it.

[retiredguy123]

Sell it yourself and use Mclin Burnsed as closing lawyers.

But first. Clean it good and get rid of excess furniture. Have the interior painted a neutral tone and ask for guidance from friends who are really good with home décor.

AND thoroughly study what other similar homes have sold for recently,( include location and lot in your research,) before you price it.
My experience is that houses listed for sale by owner are almost always overpriced. I don't even bother to waste my time looking at them anymore. As a buyer, the commission is free because the seller pays it and that is the way it should be. So, why waste time looking at houses that are not being marketed by a professional agent? The only exceptions to this are when the market is so hot or your house is so great that the house sells itself.

[graciegirl]

My experience is that houses listed for sale by owner are almost always overpriced. I don't even bother to waste my time looking at them anymore. As a buyer, the commission is free because the seller pays it and that is the way it should be. So, why waste time looking at houses that are not being marketed by a professional agent? The only exceptions to this are when the market is so hot or your house is so great that the house sells itself.

If this area isn't a hot housing market, I'll eat your hat.

[retiredguy123]

If this area isn't a hot housing market, I'll eat your hat.
I don't wear a hat, but, in my opinion, this is not a hot housing market. I have seen preowned houses stay on the market here for more than 9 months. I listed a condo in the Washington DC area in 2005 with a post card on the bulletin board. I had 5 offers the same day. That was a hot market where you didn't need a realtor.

[manaboutown]

In Corona Del Mar, CA some people are currently getting unsolicited offers by mail, weekly. Houses there have appreciated over 400% in twenty years. Now THAT is a HOT MARKET!

It seems that prices in 32162 were down - 0.5% compared to a year ago and have been nearly flat since early 2015. 32162 Home Prices & Home Values | Zillow (https://www.zillow.com/the-villages-fl-32162/home-values/)

[Dan9871]

It seems that prices in 32162 were down - 0.5% compared to a year ago and have been nearly flat since early 2015. 32162 Home Prices & Home Values | Zillow (https://www.zillow.com/the-villages-fl-32162/home-values/)

But in 32163, i.e. south of 466A, they were up 2.7%

[Daddymac]

And as long as the Villages keep pumping out House, it controls the Market. Your not going to sell a “Villa” for $200.000.
When you can buy a New one at $165.000. THE VILLAGES CONTROL THE MARKET.

[Marathon Man]

And as long as the Villages keep pumping out House, it controls the Market. Your not going to sell a “Villa” for $200.000.
When you can buy a New one at $165.000. THE VILLAGES CONTROL THE MARKET.

Nothing unusual about that. New house prices have always driven the housing market. As long as new homes are being built and sold, both new and used house values will benefit. An area that is no longer attracting new home builders will soon see the market go soft.

[manaboutown]

And as long as the Villages keep pumping out House, it controls the Market. Your not going to sell a “Villa” for $200.000.
When you can buy a New one at $165.000. THE VILLAGES CONTROL THE MARKET.

Yes! It is basic economics: supply vs. demand

The Villages development company has recently obtained enough land to build thousands more homes which of course will inexhaustibly increase the supply of new homes for years and years to come. The Villages builds houses faster than any other developer of senior housing of which I am aware. They can build them as fast as they can sell them. These new homes will compete with existing homes for buyers, many of whom prefer new homes so they can do it "their way".

Hot markets primarily exist where there are constraints on further development such as available land, high construction costs, limited utility resources, difficult building restrictions, hard to obtain permits, a hot job market, or a highly desirable school district. Coastal view lots in California, Silicon Valley, remote yet desirable resort areas and densely populated cities like NYC and San Fran come to mind.

[Allegiance]

It's a good thing we came here to croak.

[graciegirl]

But in 32163, i.e. south of 466A, they were up 2.7%

I very much disagree with your assessment.

[graciegirl]

Yes! It is basic economics: supply vs. demand

The Villages development company has recently obtained enough land to build thousands more homes which of course will inexhaustibly increase the supply of new homes for years and years to come. The Villages builds houses faster than any other developer of senior housing of which I am aware. They can build them as fast as they can sell them. These new homes will compete with existing homes for buyers, many of whom prefer new homes so they can do it "their way".

Hot markets primarily exist where there are constraints on further development such as available land, high construction costs, limited utility resources, difficult building restrictions, hard to obtain permits, a hot job market, or a highly desirable school district. Coastal view lots in California, Silicon Valley, remote yet desirable resort areas and densely populated cities like NYC and San Fran come to mind.

I think if a home is presented WELL and priced FAIRLY, it's owner will have no difficultly selling it for considerably more than he/she paid for it here in The Villages. I watch the market here just out of interest. There are approximately ten thousand baby boomers retiring every day and that will continue for thirteen years. Florida is much sought after. San Francisco and Manhattan are expensive unless you have a high paying job. The Villages is attractive and affordable to an increasingly large segment of the population.

[manaboutown]

I think if a home is presented WELL and priced FAIRLY, it's owner will have no difficultly selling it for considerably more than he/she paid for it here in The Villages. I watch the market here just out of interest. There are approximately ten thousand baby boomers retiring every day and that will continue for thirteen years. Florida is much sought after. San Francisco and Manhattan are expensive unless you have a high paying job. The Villages is attractive and affordable to an increasingly large segment of the population.

I agree that the baby boomer population bulge presents a once in a lifetime prime time sales opportunity for senior community developers in FL, AZ, TX and elsewhere. As you do, I believe The Villages, the most popular retirement community in terms of past growth rate and size ever, is the best choice for many retirees for any number of reasons such as affordable housing in a very attractive expertly planned development in a state without income tax, a plethora of wonderful amenities at reasonable cost, located on high ground, so to speak, well inland and away from the hurricane prone coastal areas. Shopping and medical facilities are convenient and so on. I also agree that a well maintained and nicely presented freshened up home in TV will sell under normal economic conditions. However I do not expect to see great appreciation in home prices in TV in the near future as it is not built out by any means. Plenty of land is in inventory and obviously much more is available in the surrounding rural area. The developer wants to build and sell new homes as fast as feasible. Bottom line: Sellers of existing homes are in competition with the developer.