All Forum Posts by: Jack Deer

With the exception of what Cathy Trevino, chair of the Houston Association of Realtors said, this article is worth reading for all buyers.
No realtors or anyone with something to sell needs to comment on this. We already know what Cathy Trevino, chair of the Houston Association of Realtors said.
https://www.npr.org/2023/08/25/1195419776/housing-prices-hom...

0 Votes

San Antonio, Texas

Keep track of the price reductions in an area. That will tell you where almost everything is heading. I do this on a daily basis.
The crazy prices may stay close to where they are for luxury and high-end homes but will shrink everywhere else, and more so with land. After that, we must consider the hurricane of foreclosures coming our way in about 2 years or less.

6 weeks ago I offered 32% of the asking price of an acre lot. The realtor laughed at my offer.
He called me yesterday to see if I would be interested in the at 40% of his asking price. Someone must've offered him 28%, so he called me.

0 Votes

San Antonio, Texas

Quote from @Rick Albert:

Quote from @Jack Deer:

Quote from @Rick Albert:

so why not just use a buyer's agent who has experience in buying land in the area and move on? Is it worth fighting over a possible commission of $1,230 and lose the deal?

No 'fighting' here. Just don't think there's enough $ to justify the need for another agent.

If you were the Seller I would get it. But who cares as a Buyer? It sounds like they aren't going to give you a discount for not having representation.

You are assuming too many things that aren't there.

0 Votes

Dallas, Texas

Quote from @Rick Albert:

so why not just use a buyer's agent who has experience in buying land in the area and move on? Is it worth fighting over a possible commission of $1,230 and lose the deal?

No 'fighting' here. Just don't think there's enough $ to justify the need for another agent.

1 Vote

Dallas, Texas

Just not worth much to have two agents involved. I did all the work and was ready to make an offer. That simple.

0 Votes

Dallas, Texas

Quote from @Bruce Lynn:

Could very well be with a property at this price point they don't want to deal with buyers. Just not worth the headache or even time spent on the phone discussing lot purchases. ... Lot buyers often have lots and lots and lots of questions that agents just aren't prepared to deal with or want to deal with. Just as an example probably tough to get financing on $41,000 lot, probably a cash purchase, but 90% of the buyers don't understand that thinking they can get it with 3-5% down....and that's just the start of it. Most don't understand utilities, zoning, grading and drainage, creep, and so many other issues that go into lot buying.

That's why I was wanting to do it on my own. Just not worth it to another agent. I did all the research and have all I need to know. I know more about the property than the listing agent.

1 Vote

Dallas, Texas

I (no agent) want to deal with the seller's agent directly. Is there anything illegal or not allowed for the seller's agent to directly deal with a buyer without an agent?
Can the seller's agent sell me the property without me having an agent?
Isn't there a disclosure form that I would have to sign stating that I understand the agent works for the seller, not the buyer?
A Seller's agent insisted that I have an agent to buy his $41,000 empty lot listing.
What am I missing?

0 Votes

Dallas, Texas

All Forum Posts by: Jack Deer

Jack Deer has started 11 posts and replied 77 times.

Post: The expression "throw and see what sticks" is best demonstrated in this listing.

Post: Market fatigue, is it just me?

Post: The expression "throw and see what sticks" is best demonstrated in this listing.

Post: For Buyers only.

Post: What is the appreciation potential of San Antonio

Post: Contacting and dealing directly with Sellers agent!

Post: Contacting and dealing directly with Sellers agent!

Post: Contacting and dealing directly with Sellers agent!

Post: Contacting and dealing directly with Sellers agent!

Post: Contacting and dealing directly with Sellers agent!