All Forum Posts by: James McGovern
James McGovern has started 366 posts and replied 1318 times.
Post: Buyer agent made an error in judgment

- Flipper/Rehabber
- Bloomfield CT
- Posts 1,391
- Votes 337
@Joe S. 4k deposit. The agent forgot to include a clause in the offer that before they buy that they need to sell
Post: Upside down builders in Orlando

- Flipper/Rehabber
- Bloomfield CT
- Posts 1,391
- Votes 337
Seems like this is about lead generation and not viewing inventory
Post: Security Deposit Return

- Flipper/Rehabber
- Bloomfield CT
- Posts 1,391
- Votes 337
There are usually time deadlines for the return of deposits that might not allow for waiting for invoices or the work to be completed
Post: Upside down builders in Orlando

- Flipper/Rehabber
- Bloomfield CT
- Posts 1,391
- Votes 337
How do I quickly identify new home builders in Orlando that area that desperately need to get rid of inventory at a discount. I have secured significant money to invest
Post: The Foreclosure Story We Don’t Talk About Enough

- Flipper/Rehabber
- Bloomfield CT
- Posts 1,391
- Votes 337
I only purchase foreclosures. I tried to have a heart on the last deal and was accused when trying to guide them with advice of trying to exploit their situation. The ignorance was extremely frustrating and caused me to never care again
Post: Why are buyers agents commission so high in Orlando

- Flipper/Rehabber
- Bloomfield CT
- Posts 1,391
- Votes 337
In recent agreements in Connecticut and Massachusetts I have typically seen agents agreeing to 3 percent.
was shocked that buyer agent commission are not trending downward in Orlando
Post: Buyer's Agency Agreements and negotiating commission

- Flipper/Rehabber
- Bloomfield CT
- Posts 1,391
- Votes 337
3 percent commission for buyers agent might be high depending on where you are. I am typically seeing 2 percent in Connecticut
Post: Taking over a property & trust?

- Flipper/Rehabber
- Bloomfield CT
- Posts 1,391
- Votes 337
You won't pay a transfer fee if the trust is transferred to you
Post: First fix & flip from an auction

- Flipper/Rehabber
- Bloomfield CT
- Posts 1,391
- Votes 337
My first flip was acquired via auction.
you need to learn more about what rehab looks like
Post: Buyer agent made an error in judgment

- Flipper/Rehabber
- Bloomfield CT
- Posts 1,391
- Votes 337
A buyer agent made an error in judgment and caused the buyer to lose their deposit. Should the buyer sue the agent?