Anyone deal with or know some that has sold a property through Opendoor? It’s an option on Zillow. I’ve only sold two properties, both times directly. The second one was unbelievable, it was 2007 just before the crash, I stuck a sign in the front yard and 3 days later I had an offer. I’m somewhat bummed about leaving the beach but two storms in 3 weeks has wetted my wife’s appetite for a place closer to our daughter in NC. I was listing our place for sale by owner on Zillow and ran across the Opendoor option. What say the beeb?
Vanguard, Black Rock and State Street are the top three stock holders. Almost 23 percent of the company's stock is owned by those three financial arms of the World Economic Forum. https://finance.yahoo.com/quote/OPEN/holders/ You will own nothing and be happy.
I don't know your market. Beachfront may be an exception, but in most cases, winter is not a good time to sell. Wait till late spring. Prep the house, make it an eye candy, have awesome photos for the listing. Side note. I watched two listings in my own subdivision hit the market. Very similar homes, one was prepped and polished, another was pretty much "as is". Difference in sold price was almost $200K. Sometimes working with a good realtor is well worth it. Your mileage may vary.
This is like 3/4 of public traded companies including mine. Shouldnt be allowed to have that much influence over most businesses.
what Ive seen in my area is if their sign is in the yard... vagrants squat in them. A few have devolved into situations where a fence had to be put up to keep em out... really aggravating the neighborhoods.
They’re also the three largest managers of passive ETFs. Very different from where you’re going with your comments. They vote proxy on behalf of funds but not like a pe shop that demands board members be fired etc. And yes, I’m in the industry and work for a competitor of them. I just hate when people act like they actually influence the company because they own the equities in passive ETFs. Tons of misinformation about the holders of public companies, drives me crazy.
Not true, real estate agents are overpaid idiots and add virtually nothing to justify their commissions. Bought and sold several homes fsbo and get better price and saved a ton of cash but it's not for everyone. An easier method is use one of the companies that charge 100 bucks flat to put it in the MLS
So here is a thing to consider: there are a lot of shitty real estate agents out there. People get a RE license as a side gig, to make an "easy" buck. They may do one or two sales a year, and are most likely useless. Then there are full-time RE agents, who are very knowledgeable, and will help guide you through the sale to get you the most money. You need to be careful picking one, just like you would choose a mechanic, doctor ...etc. There are good ones, and there is absolute dog shit. I would say this is a profession that has one of the widest gaps between good and shit. I personally know some on both ends of the spectrum. You can sell a house without an agent, no question. Most likely you will lose money that way. People often focus on what they saved, but lose sight of bigger picture.
So tell me what a listing agent does of any value other than sloppily put it in MLS? As far as comps unless you are rural it isn't hard to find comps and no I'm not talking about worthless Zillow figures. Tell me what they buyers agent does other than unlocking the door to a house the buyer probably found themselves on realtor.com other than convice them to raise their offer so the agent has a good chance at getting paid? The title company or closing attorney do the real work which isn't saying much because they are sloppy puppy mills. Realtors add nothing of value and have been running the biggest scam in history for $30,000 in commissions on average. NAR is one of the largest and most powerful lobbying groups in the country and still got their ass handed to them with a 1.8 billion dollar judgement in just one state.
I sold above comps and saved 36k in commissions. Neighbor with the identical house sold for 9k less plus got beat up on concessions because the realtor told him he needed to do it.
Where are you buying in NC, Liz? I've always done the FIZBO and it has always worked out well. But I recognize that sometimes, on certain properties, they can be helpful. When I bought my land, I didn't go to look at the listing for over 6 months because the pics were shitty, and it was 2000 miles away. When I finally got there, I was blown away at the views and terrain. That bitch listing had pics from the roadside of a ditch and some weeds. She was too lazy to properly market the property. I would have bought the whole thing, had I known, but part of it had been sold and I had to settle for less than 200 acres.
To me it reads that you know more about the processes then an average homeowner. And good for you. And it sounds like your neighbor got a shit agent, and results showed. We have done purchases without an agent, and with an agent. Done sales with, and without an agent. The decision to get an agent involved, or not, was based on individual circumstances. For one of our latest purchases, we chose to have a buying agent, and use his expertise, even when my wife has a license. For most people, and in most situations having a professional involved is extremely beneficial, but that comes at a cost.
One thing I've always wondered: for every discouraged homeowner who decides to sell and leave a repeat flood or a hurricane zone, there has to be a buyer. Who in the hell is that buyer? Does he not have a TV?
