help: WHY do Real Estate Agents stay away from Short Sales?
- 01/06/16 09:49 PM
Who would think in 2016 we would be having this conversation? There was a huge controversy that agents purposely keep buyers away from short sales unless they are cash buyers. Here in the Manchester NH area although very minimal these days, still are seeing some short sales. I can say it MADE MY BLOOD BOIL!!!
Most people do not even know what a Short Sale is. Sadly some agents do not know either and even worse, many agents who have no experience in listing, negotiating and selling short sales are taking short sale listings in toady's market. The problem starts with home sellers who should really make sure their agent is WELL … (10 comments)
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help: What do I do if my Home is NOT Selling?
- 11/29/15 09:53 PM
WHY do some home sell while other seem to stay on the market for ever? This is one of the most asked questions by home owners who have listed their homes for sale, but they have not sold. Here in the Manchester NH area over all there is a shortage of homes for sale. Many of our new listings sell within a couple of weeks and some within days. You do not have to look far though to those homes that have sat on the market the last 3 or even 6 months.
In my 30 years of selling Real Estate, THE TOP 2 … (44 comments)
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help: What is more important? What a Buyer LOVES or What they HATE?
- 11/24/15 09:29 PM
Is it more important to stress what a Home buyer LOVES or what they really DO NOT WANT? Before and while looking at homes it is important to narrow down which homes to see. With a shortage of homes For Sale in some areas such as the MANCHESTER NH area, if you waste time liking at homes that you do not like, you may miss out on one that you do.
Some Buyers may want to see everything. Some may only want to see exactly what they want. Others may want to see everything except a certain style, size, … (10 comments)
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help: What are the steps a Buyer needs to take after the offer is accepted?
- 11/08/15 09:39 PM
My offer was accepted, what do I do now? It was a shocking question to be asked as I am the Listing agent and the Buyer as their own Buyer broker for the purchase of this Manchester NH area Home. My first question was, "didn't your Buyer Agent go over this with you?" No, replied the buyer. "Did you ask them this same question?" I asked. "Yes but they have not returned my call" they replied.
I must have let out a long sigh as I looked up who the buyer agent was on this deal. Seeing the name. I understood the buyers problem. The answer to … (7 comments)
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help: Is it LEGAL for a Seller to accept an offer before responding others
- 11/07/15 09:36 PM
Can a Seller accept an offer without even responding to any other offers submitted? That was a question by a Manchester NH area Home Buyer whose offer was not accepted. What the Buyer did not realize, is there is no law that a home owner has to respond to all offers before accepting one. The law does state the listing agent has to submit all offer to the seller, but there is no law on which offer or in what order they can accept one.
In most cases if multiple offers, a seller will then ask for every buyer to put in their highest and … (29 comments)
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help: Can Halloween Decorations SCARE away Buyers?
- 10/23/15 11:13 PM
The phone rings, A person in hysterics is asking why they can not decorate for Halloween of they want to sell their home? "Who said you can't decorate?" was my question. The Manchester NH area home owner stated they called one of the "big national" companies and they said 'no decorations" when listing their home. The home is already decorated the seller stated, could i believe they wanted everything taken down? Yes i can believe it, I asked Mr. Home Seller if they hired them to list their home. He said "no way, that is why he called me for another opinion." He … (29 comments)
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help: Is there anything wrong with Seller paying 50% of buyers closing cost?
- 10/20/15 10:38 PM
Should a Home Seller agree to pay 50% of a Home Buyers closing costs? My answer may shock some. Absolutely no way should a seller agree to oay "a percentage" of price or closing costs. The warning I have is "it will depend how it is written in the offer". First it is perfectly acceptable and even encouraged for sellers to pay a buyers closing costs. It attracts more buyers and when done right, is built into the price not costing the seller anything. The HOWEVER part is it depends how it is worded. You see if it states (Seller to … (50 comments)
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help: If you are a new agent- Should you tell people you are new?
- 10/19/15 10:36 PM
A Buyer Agent says "I am a new agent, so you are going to have to help me out." Normally i would have paused, however I was happy to hear from them. Their buyer has been calling me for a few days which if you have been following my blog, needed quite a bit of help themselves. To catch you up, a home buyer for a Manchester NH area Home has been lost, not knowing what to do next. I had been pondering how on earth these buyers were not informed how the buying process works as they hired a buyer agent to assist them.
However … (24 comments)
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help: I bought a home - WHEN can I move in?
- 10/18/15 10:18 PM
When can a Buyer get possession of a home? The phone rang and the caller was demanding the keys to a home. With a couple of quick questions of "who was calling", it was a home buyer for a Manchester NH area Home that just went under contract. They wanted the keys to begin moving in. Hold the phone Mr. Buyer, you have not closed on the sale yet. "What do i mean" they asked. Well it seems as if they asked their buyer agent if they could move in in early. The Buyer Broker said "they didn't care, it was vacant anyway."
Hold the phone. That … (23 comments)
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help: What Should an Agent do to get your Home SOLD or find your Dream Home?
- 09/27/15 07:54 AM
One of the most asked questions from Buyers or Sellers is "HOW DO I KNOW IF MY AGENT IS GOOD?" It is one of my favorite questions to answer from Manchester NH area consumers. One of my favorite answers was from a man whose home I sold who said to his neighbor, "If you have to ask if your agent was good or not, they were probably not so good." Having been in the business 29 years, I have come to a conclusion that the BEST SERVICE is one that offers old fashion Personal and Professional Service through each step of the Buying … (13 comments)
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help: Should Home Sellers be Showing their own homes to buyers?
- 08/31/15 11:01 PM
How good of an idea is it to let or make the Home Seller show their own home to the Buyer? Yesterday I had a unique Listing Meeting with a Manchester NH Home Owner who was interviewing for a Listing Agent. They asked me if I would give them a discount if they showed their own home? My first question I wanted to ask was, where did you get this tip? Before I could ask they said they spoke with an agent who offered a discount for the Seller to open their home up to buyers or even show them the house.
The first … (24 comments)
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help: When listing: Can I ask more than my home appraises for?
- 08/03/15 10:16 AM
What is the BEST price to ask for your home when listing it for sale? All Sellers want to sell their homes for the highest possible price. Most sellers will even tell you their home is worth more than any home on their neighborhood. When it comes to selling though, an over priced home could certainly put the brakes on it selling.
The BEST way to go about selling a home is to have a GOOD local listing agent assess what the home is worth through a market analysis. They then can tell you what your home is worth in today's market. A … (10 comments)
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help: How long should it take to get an answer on an offer?
- 08/02/15 10:11 PM
When a Home Buyer makes an offer, how long should it take to get a response from the Seller? How long it should take and what happens in reality may differ. There are lots of factors that may affect the amount of time. First off it will depend if the owner is owner occupied, bank owned or a short sale.
I believe all offers should be presented in a timely manner. For Owner Occupied homes, the listing agent should discuss with the seller how they want to handle an offer when it is submitted. When representing the seller contacting past showings to … (25 comments)
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help: How do you know if a Home is OVERPRICED?
- 07/31/15 11:21 AM
I got a call from a Manchester NH area Home Owner who asked if I could tell her how to tell if a home is Over priced. I asked her if her home was for sale and she said yes. I asked her the address and I looked it up in MLS. There it was plain as day with the gleaming picture of a room, not sure what room, as it was so dark. I clicked on it and know the neighborhood, actually even know the home. Yes it is on the high end of the market but being over priced may only … (33 comments)
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help: Price Reduced for quick sale on this Bank Owned home
- 07/31/15 11:00 AM
PRICE REDUCED on this MERRIMACK NH BANK OWNED HOME exclusively listed by the Godzyk Real Estate Services at 51 Thornton Street West, 03054. This home is SOLD AS IS and priced to sell at $198,900. Easy access to rte 3. Built in 1999, this Expansion Cape has an entire 2nd floor that can nearly double your living space. It abuts conservation land. Sits on 1 acre and has a 2 car garage, It will need some paint and new carpeting. The utilities will not be turned on, it is up to the buyer to arrange and pay for turn on of any utility they want to … (2 comments)
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help: Will a Seller attract more Buyers if they FEED them during a showing?
- 07/29/15 10:31 PM
A Home Seller is saying they want to be there for all showings so they feed the Buyers when they look at the home. She wants to be able have them sit down, she can serve up some homemade food and discuss her home for sale. This is surely an unique way to promote ones homes, but will she get more hungry people than real Buyers ready and able to purchase?
When selling a home, the best path to a quick sale is choosing a great listing agent. One that will assist in pricing the home properly, assisting the seller with tips on … (24 comments)
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help: How long should an agent take/wait to submit an offer to the Seller
- 07/27/15 10:27 PM
When an offer is presented on a property, what is the average time the Listing Agent should take to submit the offer to the Home Seller? Recently I was representing a buyer, we looked at a new owner occupied listing, wrote a strong offer and presented it. The listing agent replied he would wait a week and present all offers at once. I was puzzled as the MLS remarks stated "priced for quick sale" and Owner motivated to move". A full price offer with no inspection and a pre-approved buyer putting down 20% is pretty motivating.
As 2 days ticked off, another … (9 comments)
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help: What do you think of the "We Buy Homes Quick" type of Buyer?
- 07/22/15 10:10 PM
We do not need a Listing Agent, we will just sell to one of those Buyers who posts "We buy homes Quick" all over every telephone pole in town. That was 4 months ago when this Manchester NH Home Seller decided they could save money by selling them selves to a a company that promised "quick closings".
What this Home Owner learned is that every one of the numbers they called sure did offer a quick closing, but at around half of today's market value. There was one who offered to pay about 75% of value, but they would "take over" the sellers mortgage … (26 comments)
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help: What are Home Owners in AUBURN NH doing this Summer?
- 07/15/15 12:43 AM
What is happening in the AUBURN NH Real Estate Market this Summer? Should Home Owners thinking of selling, list their home for sale now? Should buyers who may want a Home Buy now or wait? Our market as seen values start to rise with a steady flow of buyers and a slight shortage of homes currently listed on the market. That makes NOW a great time to list and sell your property.
HOME OWNERS are Listing their Homes with SCOTT GODZYK of the Godzyk Real Estate Services and are HAPPY with the Results. We have prepared a comprehensive Market Report that … (3 comments)
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help: Is it that A Buyer Agent cant leave FEEDBACK after a showing or Wont?
- 07/09/15 10:14 PM
There is a fierce debate over whether a Buyer broker should give feedback to the listing agent after a showing. Having a flurry of new Owner Occupied Listings, behind each of them is a home seller looking for updates and feedback. A buyer broker told me "it was not their concern that the seller wanted some feedback."
We may all agree Buyer agents and their buyers do not want to "tip their hat" per say and say if they really like the home which could affect negotiations if they make an offer.
In my opinion however, Buyer agents are missing a common … (22 comments)
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Who would think in 2016 we would be having this conversation? There was a huge controversy that agents purposely keep buyers away from short sales unless they are cash buyers. Here in the Manchester NH area although very minimal these days, still are seeing some short sales. I can say it MADE MY BLOOD BOIL!!!
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