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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: John Vosilla who wrote (1877)8/10/2013 1:42:15 AM
From: Jurgis Bekepuris1 Recommendation

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Smart_Asset

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I disagree. You are one of the experts who can do it by themselves. I never bought or sold by myself and will never do it in the future. Sure, I'd love for 5% to go down, but if I have to pay, I'll pay it.

It's not about being an asshole. Out of the 3.5 transactions I have done so far, ALL required negotiations that would have been much harder without professional(s). Owners can be inexperienced, emotionally involved and make mistakes that a professional does not make. IMHO, at least half of these 3.5 transactions would have fallen through if they were direct owner-to-owner deals. And neither side would have benefited.

I also know the different model in Lithuania where (mostly - although this has been changing) there are no realtors involved. And IMHO the sellers lose from it. I've seen all the drawbacks that could be handled by realtor: crappily setup/presented houses/apartments, fights due to emotional involvement, badly prepared docs, etc. Sure, some transactions go through fine and people save. But the number of problematic ones is quite high.
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