Daily Archives: June 7, 2017
within and you know it’s just room big enough for our kid and you know are we going to have room for the trampoline and the back garden and and all this kind of fluffing around versus someone who’s just like balm you know the rent lines up I’ve got my money ready let’s transact tomorrow so that’s something that I think you can really use to your advantage as an investor you know ethereal estate agent doesn’t want to just open home you know Thursday then Saturday then the next Thursday and Saturday again.
while you you know show everyone in the extended family and get everyone’s approval so use that to your advantage you’ve got to remember that the real estate agents are incentivized to make a quick transaction so they get paid generally two percent of the property value for doing a transaction of course that can vary you know some people will get two and a half percent some people are going to get an extra amount over a certain price and you know there are as low as one percent and-everything going through but what you’ve got to consider is that two percent of transaction is actually quite you know if they get two percent of two hundred and eighty.
Thousand or two percent of, it’s actually a pretty minimal difference for the agent they’re much more incentivized to actually turn that property over and then two weeks later you know spend that next two weeks getting another property on the line and then getting that one moved as well that way they’re almost doubling their commission but you as the vendor are much more keen to wait that extra two weeks and get that extra grand so you need to realize that the real estate agent is not actually incentivized to really.
Get the best price the real surgeon is incentivized to make a deal happen and make it happen quickly so you need to just be careful of that and you know what they’ll do is that they’ll push vendors to sell and they’ll say look this is a great price for the area you know to mind is not what it was you know daddy Adda they’ll really.