Nik De, Real Estate Technology (Koodle)

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Rainmaker
1,477,956
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Get an <...> inspection, hire a licensed inspector, work with reliable mortgage rep, do your homework checking neighborhood, do not buy anything big during escrow, talk to me right first before making any drastic actions during escrow, etc. etc. etc. 

Feb 16, 2016 04:10 PM
Rainer
43,781
Stephanie & John Webb
Latte Stone Realty LLC - Albuquerque, NM
Stephanie Webb Co-Owner, Latte Stone Realty, LLC

I have a couple:

First Time Homebuyer: Please do not purchase anything UNTIL after you have signed papers at the Title Company and I hand you the keys.....YOU BOUGHT A TRUCK?? Take it back NOW! This one happened 3 times regardless of what the lender and I said about debt to ratio or anything else.

HUD gives us the minimum acceptable net to HUD offer amount for a property and the buyer refuses to listen. We put in another offer lower than minimum and offer is cancelled. Home gets taken off the market with an accepted offer. Buyer is UPSET he lost the house. Home comes back on the market a week later and once again buyer thinks HUD is pulling his leg and offers lower than min. accepted. I explain that HUD will not take less than min accepted and he FINALLY listens to me...only took 5 tries! This happened twice in one year.

 

 

 

Feb 16, 2016 12:10 PM
Rainer
138,389
Chrissi Chapman Topoleski
Re/Max Real Estate Connections - Haymarket, VA
HOME~There is no place like it!

TIME IS OF THE ESSENCE! When your lender requests something, get it to them asap, when I send something for signature, please sign asap, dates are in the contract for a reason. All these things can and do cause a delay in settlement.

Feb 16, 2016 10:43 PM
Rainmaker
680,709
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I advised a client against buying a new build in a 'hot' subdivision. Did not trust the presentation by the builders' agents. A lot of 'future amenities' were not built, but promised. He bought anyway. Developer went bust and subdv. into receivership 2 years later. Home is worth 1/2 paid for it . . .

Feb 16, 2016 09:15 PM
Ambassador
2,849,880
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

looking for a home on zillow

Feb 16, 2016 01:38 PM
Rainmaker
351,153
Jill Murty, Realtor - Orange County, CA
PREA Realty - Laguna Niguel, CA

I advised a client that while I was not a mold inspector, the fuzzy black stuff on the wall may indicate the presence of mold.  

He didn't end up buying the mold place, but he thought I was a real buzz kill and he ended up buying a place with another agent representing him.

Bummer when a client fires you for protecting them.  

Feb 16, 2016 12:14 PM
Rainmaker
393,143
Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

Our market is a strong seller's market so when working with buyers - my advice is that if you like it, write an offer today. About 80% of the time when this advice is not followed it's either gone tomorrow or other offers have come in and now it's a multiple offer situation when they could have been the only offer the day they initially viewed it.

Feb 16, 2016 10:33 PM
Rainmaker
1,024,297
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Make an offer on a property they liked alot, they wanted to wait until the price was reduced, the property was under contract right away with another buyer.  My client's were very upset. 

Feb 16, 2016 09:19 PM
Rainmaker
2,942,512
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Most often for sellers it is taking the personal feelings out of low offers and counter offer every offer even though they want to toss the buyer out.

Feb 16, 2016 09:12 PM
Rainmaker
1,206,672
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Nik, I would love to have you attend my next Real Estate class.  

Feb 16, 2016 08:06 PM
Rainmaker
3,168,586
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

For your protection get a home inspection comes to mind!

Feb 16, 2016 07:49 PM
Ambassador
2,758,460
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good morning Nik De . I advised a client to have the HVAC system checked out by a licensed professional. They didn't! Two weeks after they moved in it broke down. They're looking at a $10,000 repair bill to replace it. Needless to say, it was in writing and they opted not to pay the $75 for a technician.

Feb 16, 2016 05:14 PM
Ambassador
4,298,246
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Nik De the most recent one - the client was afraid to get the pre-approval just because his credit would be affected! And lost a home just because did not have pre-approval. Now he does have it - ready for the next home.

Feb 16, 2016 03:47 PM
Rainmaker
3,977,611
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

DO NOT open any new charge accounts

Feb 16, 2016 12:24 PM
Ambassador
4,056,637
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Not to sell directly to a logger.

May 20, 2019 08:45 PM
Rainmaker
211,685
Joy Bender
Compass - La Jolla, CA
San Diego Partner - The Private Client Team

List price

Feb 18, 2016 11:23 AM
Rainer
45,607
Andy Madrid
Hawaii Coast Realty, LLC - Kailua-Kona, HI
Expertise, Professionalism, and Service

I referred my aunt who had to sell a home in another city to an agent I had previously done business with and I knew would do a good job.  She chose another agent instead and the agent she selected had done some of the more abhorrent and unethical things it just makes my blood boil.  So my aunt calls me about this issue or that issue related to an offer and I tell her that I cannot interfere in the agency relationship she has with that agent.  But its just terrible what is happening.  Finally she said she wanted to replace her agent and I gave her 2 other agents to speak with.  She didn't listen and kept her agent because the agent she hired agreed to cut her commission to make up for poor service.  Anyway, the deal she is in (the 3rd) because the first 2 fell through, is almost done.  I finally told her point blank what I thought of the agent she hired.  She agreed but just wants it done.  Oh well, you can lead a horse to water....

Feb 18, 2016 01:32 AM
Rainmaker
4,021,900
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Not to charge anything prior to closing, and they went ahead and bought a washer/dryer.   They were awfully close, but still closed. 

Feb 17, 2016 11:09 PM
Ambassador
3,981,962
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

The most common one is that they should make a quick decision because others are looking at the property and to make their best offer. Some buyers have to lose a few homes before they become a believers.

Feb 17, 2016 01:19 PM
Rainmaker
3,764,115
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Thinking Zillow Zestimates are correct!

Feb 17, 2016 11:07 AM
Rainmaker
519,368
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Nik,
The challenge of building an app is you think the users will be rational. They won’t. If the app tells them what they want to hear, that is great. If not, they will ignore your app.

Feb 17, 2016 09:57 AM
Rainer
149,606
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

De-clutter.

Feb 17, 2016 08:05 AM
Rainmaker
633,936
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

When the market was hot I encouraged a seller to list at a higher price. They didn't and we had over a dozen full price offers within 24 hours. Advised them to counter all for best-and-highest. Again they ignored my advice and accepted one of the existing offers.

Feb 17, 2016 05:55 AM
Rainmaker
3,067,863
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Replace the carpet before the home goes on the market

 

Feb 17, 2016 05:02 AM
Rainmaker
724,404
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Get a pre-listing inspection to see what might need to be taken care of before the buyers find it and make an issue of it.

Feb 17, 2016 04:53 AM
Rainmaker
31,601
Amelia Robinette
NoVa House and Home - Frankly Realty - Falls Church, VA
Education, Innovation, Service

don't get advice from non-professionals. i'm sure your dad is a great, really smart guy, but things have changed since he bought a house in 1978. he is NOT an expert in this particular field.

Feb 17, 2016 04:27 AM
Rainmaker
4,796,551
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Don't show emotion or talk about how much you love a home in front of the seller or their Realtor.

Feb 17, 2016 03:49 AM
Rainmaker
5,264,692
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Not getting a home inspection.

Feb 17, 2016 01:29 AM
Rainmaker
2,424,479
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

REFER ALL INQUIRES TO ME...so what do they do? Talk to every inquiry! lol

Feb 17, 2016 12:10 AM
Rainmaker
3,049,971
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

parked and reading

Feb 16, 2016 10:49 PM
Rainmaker
3,241,809
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Continue to ask questions.  Listen.   

Feb 16, 2016 09:47 PM
Rainmaker
4,431,983
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You might do better if you read the blogs on active rain regualrly. 

Feb 16, 2016 08:54 PM
Rainmaker
417,271
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

Use a local lender.

Feb 16, 2016 08:35 PM