Talk of The Villages Florida

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Home sale (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/home-sale-317153/)

merrymini 03-08-2021 08:10 AM

Everybody has a story of selling their house in two minutes. If looking for a new home, buyers must buy from the villages. On the resell, I think they are less interested but do so out of necessity. Probably a good sales person, regardless if they are a villages sales or outside sales, would do a good job. Hard to know beforehand. I sold with Tammy Freilich (sp) at Remax. Great pictures! Lots of personal attention.

jimbo2012 03-08-2021 08:28 AM

MLS, in fact I did FSBO thru MLS for 2.5% Houzeo cost $399 to list it. link

Very simple process done online in simple steps, you can not get on the main MLS directly when you sign up they have a licensed broker upload the listing.

Not true about priced high.
TV couldn't sell a pool home in 70 days, I sent a friend in and they pushed to new in 5 minutes.
I was told that but didn't believe it.

TV broker just kept coming up with excuses asked to drop the price, that's when I sent in a secret shopper, after seeing the way they steered to new I canceled the contract.
I was told new has higher commission and bonus incentives

Best move ever, about a week MLS had 1-2 showings a day.
Sold for 15K more and saved 2.5% or $10K in commission

came out ahead about 25K

only way TV sells fast is if you list it low, most of the brokers are order takers not sales people

Joaniemac 03-08-2021 08:31 AM

Try selling it yourself on nextdoor. Many of our neighbors sold this way and got over asking. And the plus, NO real estate fees. What do you have to lose??

AlanPerkins 03-08-2021 08:47 AM

We have always used the best agent in the Villages area, Chris Day .
Contact him at NextHome KD Premier Realty 352 988-7777 or 352 561-8322
You will not regret it.
Regards, Alan Perkins

ron32162 03-08-2021 08:54 AM

The Villages will put your house at or just above prices of new homes being built. When taking their customers to show your house their line is " you know we have a brand new premier home just built with a warranty that just fell thru and Hummm I believe its about 10k cheaper than this one if you want to see it." 5 or 6 % selling a used home vs 40% profit on a new one. Which one do you think they will try to sell first your resale or the new one that just happened to fall thru? The Villages is known to use this technique all the time.

stebooo 03-08-2021 10:30 AM

Don't use the villages. Too lengthy just don't. Maybe just list it yourself. Where is it.

pgettinger01 03-08-2021 10:34 AM

MLS - Multiple Listing Realtors
BLE - The Villages Realtor

MLS list and sell houses in Florida
BLE list and sell houses in The Villages

The Villages is different because sometimes resales cost more than new homes. The commission to list and sell is about 6%. The listing agent gets half and the buying agent gets half. I think the VLS agents steer people to new construction for less money. MLS agents can Not sell new construction in The Villages.

DAVES 03-08-2021 10:37 AM

Quote:

Originally Posted by justjim (Post 1912005)
Been here a while and follow the real estate market as a “hobby”. My quick answer: If it’s priced at or just below market, it will sell quickly. If you try and get 50K more than market - not so much. It appears to me either will get the job done.


Real estate is interesting. We are very much amateurs. You are ready to, need to sell.
You contact a broker. The presentation goes something like I can get you $$$$$$$$$$.
Their goal is to get the listing. What happens is if they have the listing and say a broker on multiple listing sells it they still get part of the commission. What is the house worth? It is worth whatever it sells for. In terms of pricing and selling. Statistics are not really valid. You only sell to one buyer. There is no shortage of lookers. Do they just want to see how you decorated. Landscaped etc or are they really buyers?

The house we sold in our previous state. We bought first in the villages and then put our home up for sale. I sure some will say that is nuts but it left me in control on both ends.
We listed the home for sale with a broker. The negotiated commission was 4%, truth they were very helpful. We were told no one wants wall to wall carpeting. Ours was good quality, I read a humorous article about emerald green carpet-exactly what we had. Our 78 year old house had real hardwood floors and they were in new condition, the previous owner also had them covered with carpeting.

I figured it would take 6 months to sell. We sold it in a week, got full price and a cash deal.

My opinion, having done sales. Sales people like new stuff, new toys to play with.
If, your property sits unsold. It is public information on zillow or realtor dot come.
Anyone looking is going to offer less and/or wonder what is wrong with it that it is sitting unsold.

Commission. For sale by owner. Both the seller and the buyer think hey no broker
one thinks I can pocket more. The other thinks I can pay less. By the same token
on a 350,000 home where you pay 4% commission that is 14,000, you net 336,000.
At 7% commission to net 336,000 you need to sell that 350,000 home for 362,000.
362,000 less 7%=336,660 net. A direct deal with a seller, first of all an attorney is far more important and they will likely charge you more to do the closing.

Like most things we have the choice of making a right or a wrong decision. For most people we tend to say I shoulda, coulda mighta. I have no trouble with based on my situation, collecting information based on what I know, knew, I did the right thing.

People do not think professionally. Ken Jones got xxxxx, my kitchen is nicer so I will not take a penny less than 10% more than Ken got. They do not think about the cost of sitting on that unsold home. On the Zillow kind of lists, our sold home has gone up in value. So has our place in the Villages.

jimkerr 03-08-2021 11:41 AM

My experience purchasing a resale through The Villages real estate
 
I just purchased a resale in the Villages. It was listed by The Villages. I was not steered to purchase new like some others mentioned. In fact, they left it up to us just as I expected. We did look at new homes and resales. I think the Villages did a great job and don't have any complaints. Best of luck to you!

Footer 03-08-2021 01:28 PM

Quote:

Originally Posted by Yvonnebang (Post 1911970)
We're getting ready to list our parents' Premier house on the market. Just learned that there are two ways to list it. What are the pros and cons of going with The Villages agent or the outside agent? Thanks in advance!

We bought a premier home in 2019. We had bought a designer home in 2017 and realized we needed something larger. Spent 5 months looking at Zillow, The Villages website, and the Daily Sun, then going to open houses.

The home we bought happened to be listed by The Villages. We noticed the house on their website, made an appointment to see it 2 days after the listing, and made an offer the day after we saw it. In our case it made no difference whether the house was listed by VLS or MLS. We would have found it either way. We didn't use a realtor until we made an offer.

The quality of the listings for the 25 houses we looked at was very similar, whether VLS or MLS. I thought MLS realtors did a little better job of open houses. I liked Debbie/Matt Roberts and Cindy Wise.

After our offer was accepted we listed our designer house with The Villages and we had a full price offer in 16 hours for 10% more than we paid.

Currently VLS has 5 premier homes and MLS has 6.

All 3 of my transactions were through The Villages and they were really easy. Used Lynn Peterson and his daughter.

I would talk to an MLS and a VLS realtor, see how they would price and market your house, then pick the one you prefer.

yankygrl 03-08-2021 02:58 PM

Quote:

Originally Posted by Yvonnebang (Post 1911970)
We're getting ready to list our parents' Premier house on the market. Just learned that there are two ways to list it. What are the pros and cons of going with The Villages agent or the outside agent? Thanks in advance!

Village agents main focus is to sell NEW homes from the developer not pre owned. If you are looking for quick resale at a good price check out Karen Kemperman at Keller Williams.

John_W 03-08-2021 04:36 PM

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retiredguy123 03-08-2021 04:50 PM

Quote:

Originally Posted by John_W (Post 1912746)
That's not entirely true, the brokers will split the commission 50/50 and then broker will split with the agent. So each one will get about 1/4% of the commission.

I didn't see this mentioned by anyone, and when I sold real estate in Hernando County and the seller needed a quick sale we put this in big letters on the listing. I know you can do with MLS, but I'm not sure with TV if this possible because they work on salary plus bonus, and they have quotas that they have to make on new home sales.

$1000 Bonus to the Selling Agent!!!

I think you can pay a bonus to a licensed agent, but a salaried employee, who does not have a Florida license, cannot receive income based directly on a sale.

jimbo2012 03-08-2021 05:07 PM

Quote:

Originally Posted by Footer (Post 1912674)

After our offer was accepted we listed our designer house with The Villages and we had a full price offer in 16 hours for 10% more than we paid.

That only means you priced it too low to begin with IMO

Because TV started at low $$ in their best interest not yours and you paid 5%

John_W 03-08-2021 05:42 PM

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