InvestorsHub Logo
Followers 121
Posts 24039
Boards Moderated 0
Alias Born 02/20/2003

Re: Rivers 1 post# 7599

Thursday, 08/22/2013 8:18:47 AM

Thursday, August 22, 2013 8:18:47 AM

Post# of 41315
Yep, flippers abound


You are right, No realtor needed, but generally the homes listed on the MLS have multiple offers that move price up to pay for Realtor fees. So many times, people are selling their homes too cheaply, not knowing the market. That is the realtor answer. I would always use a "Good" realtor to sell my home. Most people have no clue what they are doing when it comes to selling their homes. LOL Most Realtors don't have a clue what they are doing either. The good thing about a market like this, if the realtor lists it too cheaply, buyers will mark it up with multiple offers. Been here in 2006. This is the top in real estate. Real estate and banks follow in herds. The banks will start laying off people and home builders will stop building with concerns over people who signed a contract 6 to 9 months ago, not qualifying for a loan 40 days before closing. Interest rates have gone up 2.6% on a FHA 30 year loan, which is the most used vehicle to finance a home.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.