The realtor is not doing much for me,could he be waiting to buy it at foreclosure?
2006-09-06 13:25:03 · 12 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
get realistic.
if case you don't know the market for home sellers just got crappy. it ain't your realtor-its the market-aka the buyers
2006-09-06 13:30:58 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I agree - get a new realtor and "sweeten the pot" like lowering the price if they buy now.
You might want to tell the bank or whoever is foreclosing that you have the property up for sale and can they work with you so they get their money and don't have to go through the expense of foreclosing.
I would think that they would prefer being paid by you. Ask for a supervisor - the "grunts" may say "no" but someone higher up may get the big picture and figure it'll be cheaper and faster if you sell the house than them foreclosing and then having to sell it at auction. They'd do better waiting a few months for you to sell.
2006-09-06 20:39:49 · answer #2 · answered by Roswellfan 3 · 1⤊ 0⤋
The usual reason for houses not selling is because they're priced too high. Not sure of your situation, but, simply getting out at this point is your best bet. I saw a situation last year where a couple was in foreclosure and had their house for sale for six months and the bank finally took it. They were holding out to try to get some cash out of the house. Instead, they lost everything (it was very sad). The lesson for me was if you're facing foreclosure, sell at as deep a discount as you can afford to clear your credit.
2006-09-06 21:06:55 · answer #3 · answered by cooperbry 2 · 0⤊ 0⤋
tell the realtor you want to do a "Quick Sale" you could also contact a reputable auction company but make sure you can get the pay off value otherwise you are stuck with a balance
2006-09-06 20:28:21 · answer #4 · answered by Anonymous · 0⤊ 0⤋
You may need to contact a mortgage company who specializes in Foreclosures. They will be able to stop the foreclosure and then you can put it back on the market.
2006-09-06 20:31:57 · answer #5 · answered by kihteacher 4 · 0⤊ 0⤋
it's called a short sale (but takes longer than a normal sale, go fingure) find a good realtor but word of mouth, and yes your realtor could be playing games.
2006-09-10 17:32:31 · answer #6 · answered by TriDad 2 · 0⤊ 0⤋
he could be but you can fire him if you don't think he is doing his job..but what's the use if the house is being foreclosed...all they can do is sell it pay off the rest of the house and you are entiltled to the rest of the money ..that is if you don't owe to much on the house
2006-09-06 20:28:37 · answer #7 · answered by nas88car300 7 · 0⤊ 0⤋
get a new realtor-put adds out yourself
2006-09-06 20:27:20 · answer #8 · answered by cwgrlmeiniowa 3 · 0⤊ 0⤋
get another agent, if he isn't doing much to sell your house he isn't doing his job properly. or you could lower the price but would go for option one first
2006-09-06 20:28:58 · answer #9 · answered by Wendy 5 · 0⤊ 0⤋
Try an auction company.
2006-09-06 20:30:11 · answer #10 · answered by Anonymous · 0⤊ 0⤋