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06-03-2021 , 02:42 PM
Quote:
Originally Posted by BigSkip
Meh. The desires of the realtor and the homeowner both intersect a great deal.
If the realtor says doing XYZ means the home can be sold for more and possibly quicker, and that turns out to be true, then that benefits the homeowner more than the realtor in the end.
Seems results oriented to me, and I think in lots of cases (ok, admittedly not all) the home would have sold for just as much / just as quick without the majority of the back breaking busywork (which is fully shouldered by the owner).

But obviously each to their own and do what you think is best / are willing to do.

GcluelessingeneralnoobG
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06-03-2021 , 03:09 PM
I've recently heard two realtors murmur I think the buyer shouldn't have paid that much. I never heard that before and assume it was a big taboo in that field.
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06-03-2021 , 03:29 PM
Can there be any taboos in that field?

When eldest stepdaughter bought her condo earlier this year, she was super excited obviously. A day or two later she gets a call from the realtor (who had apparently sold about a half dozen units that day)... she wasn't authorized to make any sales or something, so it is all null and void. W. T. F? Stepdaughter was crushed, although she has since gone one to by another condo and is super happy with that purchase.

And don't get me started on my one and only condo sale, where my realtor emailed our battle plan to the opposing realtor. Wouldn't trust them as far as I could push them overboard in a boat.

Gslugs,usedcarsalesman,realtors;alllittlemorethann ecessaryevils,imoG
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06-03-2021 , 03:45 PM
We sold our amc this mornin @49.75 and are lookin to piss away the proceeds of that negative ev wager away as quickly as we won it! This looks like as good of a way as any


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06-03-2021 , 05:55 PM
Quote:
Originally Posted by gobbledygeek
Seems results oriented to me, and I think in lots of cases (ok, admittedly not all) the home would have sold for just as much / just as quick without the majority of the back breaking busywork (which is fully shouldered by the owner).

But obviously each to their own and do what you think is best / are willing to do.

GcluelessingeneralnoobG
Typical words from the nit who knows **** about **** all.
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06-03-2021 , 06:14 PM
If you don’t fix your house before you sell it you’re costing yourself money. Same idea with cars. Clean ones sell for more.
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06-03-2021 , 06:14 PM
Quote:
Originally Posted by BigSkip
Typical words from the nit who knows **** about **** all.



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06-03-2021 , 07:08 PM
my realtor was literally the only person involved in my home purchase that i didnt consider a complete grifter/moron/annoying

its probably not coincidental that I actually got to choose my realtor and for the most part youre stuck with the other ppl
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06-03-2021 , 08:50 PM
Quote:
Originally Posted by NewAcctIsBest
If you don’t fix your house before you sell it you’re costing yourself money. Same idea with cars. Clean ones sell for more.

Clean and fix have two distinctly different meanings. Obviously anyone selling their house should reasonably clean it before showing it. Fixing is a completely different story and totally dependent on what you’re talking about fixing as well as the market you’re trying to sell in.

In a sellers market, as we’re currently in, I wouldn’t bother with anything cosmetic that costs more than a few hundred dollars and takes more than a couple hours. You’re just never going to recoup the $ because the market is so hot that you’ll get the same offers with or without doing the work.

Buyers market is completely different, and you need your house to stand out.

Albeit, i live in an area where houses don’t last more than a couple days on the market and selling price is usually over the initial listing.
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06-03-2021 , 09:12 PM
Quote:
Originally Posted by johnny_on_the_spot
Clean and fix have two distinctly different meanings. Obviously anyone selling their house should reasonably clean it before showing it. Fixing is a completely different story and totally dependent on what you’re talking about fixing as well as the market you’re trying to sell in.

In a sellers market, as we’re currently in, I wouldn’t bother with anything cosmetic that costs more than a few hundred dollars and takes more than a couple hours. You’re just never going to recoup the $ because the market is so hot that you’ll get the same offers with or without doing the work.

Buyers market is completely different, and you need your house to stand out.

Albeit, i live in an area where houses don’t last more than a couple days on the market and selling price is usually over the initial listing.

What price range are you talking about here?

This is patently false in higher end markets and my guess it that it’s unlikely to be accurate in many others.
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06-03-2021 , 10:45 PM
Quote:
Originally Posted by NewAcctIsBest
If you don’t fix your house before you sell it you’re costing yourself money. Same idea with cars. Clean ones sell for more.
This doesn't account for current market conditions. I've gained over 10% equity in my home since December. If I were to sell it tomorrow I'd scrape paint before I applied paint.
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06-03-2021 , 10:46 PM
Quote:
Originally Posted by feel wrath
What price range are you talking about here?

This is patently false in higher end markets and my guess it that it’s unlikely to be accurate in many others.
Below is based off >=$750k
Quote:
Originally Posted by Donat3llo
This doesn't account for current market conditions. I've gained over 10% equity in my home since December. If I were to sell it tomorrow I'd scrape paint before I applied paint.
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06-03-2021 , 10:47 PM
Quote:
Originally Posted by Donat3llo
This doesn't account for current market conditions. I've gained over 10% equity in my home since December. If I were to sell it tomorrow I'd scrape paint before I applied paint.
can you elaborate on what this means?
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06-03-2021 , 11:17 PM
Quote:
Originally Posted by feel wrath
can you elaborate on what this means?
Pretty sure it is sexual in nature.

Last edited by BigSkip; 06-03-2021 at 11:18 PM. Reason: Though probably not natural ldo
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06-03-2021 , 11:48 PM
Quote:
Originally Posted by Donat3llo
Below is based off >=$750k

I still don’t really understand but it doesn’t really matter.

IMO, market appreciation really doesn’t have much to do with the cost/benefit analysis of maximising the value of your individual property at a particularly point in time.

With the possible exception of making minor renovations more ‘worth it’. The investment of say 10k of minor changes/updates/renovations to clean a house up ready for sale is likely to be more ‘worth it’ on a house that cost $750k than the same house that would have cost $500k 3 years earlier because the investment cost is likely similar but the potential %impact to the sale price will come off a higher base
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06-04-2021 , 12:14 AM
Or in our case, neighbor across the street just bought the place and the first thing they did was to rip out the $30k cabinets that were installed only 3 years ago.

Don't know them, but I was half tempted to ask if I can have the cabinets.
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06-04-2021 , 12:22 AM
Quote:
Originally Posted by Tanqueray
Or in our case, neighbor across the street just bought the place and the first thing they did was to rip out the $30k cabinets that were installed only 3 years ago.

Don't know them, but I was half tempted to ask if I can have the cabinets.

This is basically my point. When push comes to shove, every house is just going to sell based on comps. You can spend extra 5-10k to paint the interior of the house but you’re not going to get 100%+ of the investment back. The best you can usually do is like 70% if you’re hiring people to do the work. And there is a non zero chance the people buying the house paint over it when they move in, etc etc

If they didn’t sell the cabinets, they are literally throwing money away. Any descent cabinet (non particle board carcass) can fetch descent prices on the secondary market

Last edited by johnny_on_the_spot; 06-04-2021 at 12:33 AM.
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06-04-2021 , 12:25 AM
UW mostly cares about comps anyway.

Appraisers would have to come up with some damn good pictures for those upgrades to justify some ridiculous price.

And even then, you still have to convince the UW why this house is 50k above another house .3 miles away with the same spec.
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06-04-2021 , 01:30 AM
Quote:
Originally Posted by RobFarha
my realtor was literally the only person involved in my home purchase that i didnt consider a complete grifter/moron/annoying
Self-knowledge is the path to wisdom.
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06-04-2021 , 03:25 AM
Quote:
Originally Posted by AlanBostick
Self-knowledge is the path to wisdom.

The path of excess leads to the Palace of Wisdom
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06-04-2021 , 04:17 AM
Quote:
Originally Posted by feel wrath
can you elaborate on what this means?
Well in the words of Sr Walking
Quote:
You have to scrape before you paint. If you scrape afterwards the new paint will fall with it.
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06-04-2021 , 08:37 AM
Quote:
Originally Posted by feel wrath
can you elaborate on what this means?
I was joking that I could remove paint and sell the house just as easily in the current market.
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06-04-2021 , 08:44 AM
What are we fighting about today and who are the primary combatants?
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06-04-2021 , 09:05 AM
Quote:
Originally Posted by bwslim69
What are we fighting about today and who are the primary combatants?

golfers are twats

accountants are co cks

The Smiths and the Cure are for emo, ghey losers
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06-04-2021 , 09:16 AM
Quote:
Originally Posted by feel wrath
golfers are twats

accountants are co cks

The Smiths and the Cure are for emo, ghey losers

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