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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (6720)	11/13/2002 2:12:31 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

Lizzie, Have you tried to sell your house and looked to negociate the commission? Jim

To: Lizzie Tudor who wrote (6720)	11/13/2002 2:28:14 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

If you're shocked that commissions stayed at 6 percent when prices went up, will you be as shocked as some agents will be when prices go down and the old market rate commission is still the market rate? No one compensates agents for drops in income if housing prices decline. And they have to spend more of their income on advertising just to move the houses.

To: Lizzie Tudor who wrote (6720)	11/13/2002 4:53:12 PM
From: the_wheel	Respond to of 306849

Lizzie, How would you like to own a fabulous home on the ocean well within driving distance of SV? Have you ever been to Mendocino, the "Jessica Fletcher" hometown or seen the movie "Forever Young" where Mel Gibson landed his plane at the end? There are lots of ex-Beserkely folks here, animals love it, especially the beach walks and I am sure you would too. I have an almost ocean front home borders state beach I am willing to let you have "cheap" ie much less than your Noe Valley architectural "gem" or I will trade even steven for that one. My home is currently "offered" by a most excellent local full service real estate agency at a full 6% over my price. My realtor only gets 1/2 (3%), your realtor gets 3%. My realtor only gets 1/2 of that (1 1/2%) her realty agency gets the other half. And she pays taxes on that. So the commission becomes less than $10K take home for her after 5 months of I guess you could call it "hard work". Anyway, as of day after Thanksgiving it becomes $0 commission, cause then it will be FSBO or fizzbo house, then you can probably talk me into "giving it to you" if you will let me stay in the guest house. It's not so much that I want to leave just don't have bubble job to make payments with (sound familiar guys?). Maybe Tradelites can give me some "free" advice? Please no flaming. I have had enough of that. I am not stupid, just unlucky???!!!???? OK I admit I have made some mistakes, just wondering what to do next. I have already lowered price, doesn't seem to make much difference (no lookers at all), am planning to do website, marketing myself over the holidays, have "Open House". Not sure if this will work, but am going to try. Beats waiting on "real estate crash" anyway. Can always live in van down by river, nice view down there of current home. Almost like living there. Problem with that is I donated my old reliable VW hippie bus to the local animal shelter in 1999. Bought SUV. Typical. Any suggestions? PS My main problem seems to be that I live in a place where there is hardly anybody around, no traffic jams, no hassles etc. means no buyers very little turnover here, little supply, virtually no comps. Nice place for nice person like you, kick back watch whales, seals every day, red-tailed hawks overhead, beach walks all alone with dog, small redwood big cypress on property, giant redwood 3m away. Nice champagne etc vineyards 15m away. Local classical music festival front row seat ten bucks no hassle parking, nice people, Tommy Castro hardest working man in bay area comes up to play. Good restaurants. Downside: Bubble jobs now in Bangalore. C'est la vie. PPS new well pump, water heater, just chipseal driveway, trimmed trees opened up whitewater beach, river, hill views, new paint! (bet you like that one TL!) 24x24 bedroom, 24x48 great room with french doors skylights etc. 2 fireplaces, local architect, lots of nice design touches.