All Forum Posts by: Peter Tverdov

Get a property under contract first other wise you're going to sound like a tire kicker and they won't be too interested in discussing the services. 

Pay it but if it happens again it's on then because you just cleared their line...unless its tree roots or the main line has a rare blockage. 

This might come off as mean, but try to earn more money so you do not need FHA. It's absolutely brutal to be an FHA buyer now. I don't envy you or your agent trying to help. Try to get enough downpayment so you can do conventional.

Also people were drawn in to thinking you can buy a rental with max leverage and cash flow like crazy, that was never normal. In the old days (before I was working) people usually had to put a much larger amount down and it seems we are going back to that for now. 

I used to share your views and since I became a realtor I always try to put my client first. I quickly learned to tell clients not to buy houses we were touring because they were just poor. They know to trust me and that I have their best interest in mind (because I do and if they succeed they will sell, buy more etc) but yes plenty out there just tell their FHA buyer to pay 70k over asking, waive everything and then get a check and don't really care if they cannot afford the mortgage or overpaid.

 Then that buyer doesn't buy the house. If you can't come up with enough cash to pay 2-3% more you probably shouldn't be buying at that price point. Too many buyers in America now, I'm not worried about demand rn if someone cannot perform under contract. 

 I'll call CNN. BRB

 See I think now people like this get hurt because if you come to the listing agent, you need to come to an agreement that they are getting paid to represent you even though it's their listing. Otherwise they don't work for you. It might work on a deal with no offers or interest but even then, they're not going to advise you in a positive way. 

 I am the #1 agent in my town. I don't get paid the same as the rookies. Just like your favorite NFL player doesn't. I don't understand why this concept is hard to grasp but this is BP. The land of DIYers.

 If you want to sell now, sell it. If you brought it up to me and said Pete I don't want to pay the buyer commission I'd say no problem. Let's list at 3-4% and let me get to work. That's it. if the house is priced right a buyer will pay their commission OR you will get like 50k over asking and in the contract it will say seller pays 2-3% of buyers commission, which you would obviously do. 

 I don't understand why people use this argument. You are not paying us for time you are paying us for skill set. Or should a surgeon not get paid what they get paid because the procedure only took 2 hours and it went smooth?