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-   -   I have a "Selling-our-house" question. Realtors or anyone else can answer for me (http://forums.pelicanparts.com/off-topic-discussions/881408-i-have-selling-our-house-question-realtors-anyone-else-can-answer-me.html)

wdfifteen 09-10-2015 05:58 PM

Quote:

Originally Posted by URY914 (Post 8789545)
[SIZE="4"]

She just wants the deal to go thru ...

Don't you?

Eric Coffey 09-10-2015 05:58 PM

Quote:

Originally Posted by Eric Coffey (Post 8778352)
Bottom line for OP:

I'd wait until you get the buyer's inspection response before doing anything. If they request items to be fixed/replaced, you can either point to the "as-is" clause and decline, or entertain their request.
For the latter, it's usually better for all parties involved to simply offer a credit at COE, in lieu of any repairs.

[cough]

SmileWavy

DanielDudley 09-10-2015 06:08 PM

Quote:

Originally Posted by notfarnow (Post 8789614)
$200 seems like a pretty small bandaid to rip if you have a price and a closing date you're happy with.

No doubt. Hindsight can be very painful if you make the wrong move around things like this. Cheerful and gracious until the house is sold. To Everyone.

Por_sha911 09-10-2015 06:11 PM

If you really want the house gone and you are getting the money you want then tell the agent to cut their commission by $50, you'll pony up $125 and the buyer can buy whatever unit they want after the closing.

wdfifteen 09-10-2015 06:16 PM

Quote:

Originally Posted by Por_sha911 (Post 8789643)
If you really want the house gone and you are getting the money you want then tell the agent to cut their commission by $50, you'll pony up $125 and the buyer can buy whatever unit they want after the closing.

Man, you play hardball. I don't know how much this house was worth, but for a $200k property $200 is .1%. I wouldn't screw a deal over .1%.

Por_sha911 09-10-2015 06:48 PM

OK $25 and $150
It just irritates me when the RE agent can't do their job and expect the seller to pay.

look 171 09-10-2015 07:04 PM

Quote:

Originally Posted by wdfifteen (Post 8789648)
Man, you play hardball. I don't know how much this house was worth, but for a $200k property $200 is .1%. I wouldn't screw a deal over .1%.

its not the point of a couple hundred bucks. I would ask my agent about as-is and as her to pony up half the cost. Threaten her with pulling it off the market and have someone sell( wait out the days) base on how you feel her intentions based only on the money without looking your interest. But then, its only 200 bucks. Move on. I wouldn't fix a thing but pay for it in escrow. Get a quote from your local garage door repair man and see what the number is for the retrofit. If you really want to play hardball, ask them to meet you half way.

john70t 09-10-2015 07:58 PM

Quote:

Originally Posted by URY914 (Post 8789545)
I think I'm looking at the following options;

a. Tell the buyer to stick it in their ear. It's an as-is house and you can deal with the non-problem when the house is yours.

b. I can negotiate this issue and meet half way. I'll offer to buy a new opener and leave it in the house when I move out.

c. I'll write a check for $200 at the closing because I'm in the middle of moving and don't have time to deal with the installation.

d. Cave in on it and buy one from HD and install it this weekend and get it behind me.

I was pretty pissed when I spoke my realtor. So now that I have settled down now I think I know which one I leaning toward.

Your thoughts?SmileWavy

1). Look at the general market trends and comps.
Is this property on the high or low side?
Would you gain more by just waiting, and having another buyer come to you?

2). Are you counting pennies or thousands for your own personal time?
? What is your own time and energy worth?

Are there too many potential legal complications 'out there'?

stomachmonkey 09-10-2015 08:00 PM

Well now.

It seems the inspector should simply have noted that a compliant safety sensor type was in place and not that an alternate type was missing.

Garage Doors and Openers - InterNACHI

Your door is to code. Page 2.

https://www.cpsc.gov//PageFiles/95030/garagefinal.pdf

dad911 09-11-2015 05:59 AM

If I had a cash sale, no mtg contingency buyer, I'd put in a new opener, and fix the gfi & exposed wires (both are code violations). Less than $200, minor hiccup in the grand scheme of things and alot cheaper than water heater you thought you might be on the hook for.

I'm amazed at the comments to charge back the realtor. How is wiring or GDO their fault?

porsche4life 09-11-2015 07:02 AM

Yup, why would the realtor kick in to correct issues with your house? $200 is very minor! I've had buyers find major mold, issues with AC systems, etc.... I had one house where the roof was a condition one the loan. It needed a whole new roof, on a $140k house!


So you have a cash buyer ready to close but wants you to correct a $200 issue? You got off easy. Call it good and get on down the road, or you aren't really serious about selling the house. You hired your realtor to sell the house, not let it flounder on the market because you are too stubborn to fix stuff. If she wasn't pushing to get the deal done you'd be griping that she wasn't doing anything at all.

rattlsnak 09-11-2015 07:23 AM

I am going through this exact thing right now. The inspector noted the SAME exact 5 things on my report. The garage door laser thingys, old water heater, GFCI outlets along with a multitude of other "suggested upgrades" and countless other stupid little things like gutter downspout drain in left rear of house should be rotated 10 degrees to the right. WTF? But anyway, the seller came back with an amendment with three things he would like us to do. Replace the three faulty GFCI outlets, Replace the water pressure valve add the garage sensors. Same as you, I have to replace the entire unit. The thing that totally pissed me off was the stipulated that it had to be a licensed professional in each of those categories. I countered that I could easily do all of those things myself but they stood they ground explaining that how would know it was done 'correctly'. I realized that I'm dealing with people who call AAA to change a flat tire because they have no clue on how to do it themselves. I finally just bit the bullet and agreed to it. I figure it will cost me @$800ish to get those things done and as others have stated, it's just not worth losing the entire deal over that tiny amount. They paid full asking price for the house without any counter offers or going back and forth so I'm okay with it at this point and it shows good faith.

jhynesrockmtn 09-11-2015 07:34 AM

$200? Write the damn check and sell the house. It's not the realtors responsibility and you are getting off extremely easy in the scheme of things. It's always better to knock a few bucks off of the selling price than fix the issues yourself.

Baz 09-11-2015 07:40 AM

I'm curious if you are getting full asking price on your house.

If so, I'd offer $200.00 to resolve this garage door issue and move on to closing.

It's all about the numbers.

carreradpt 09-11-2015 08:02 AM

Fix it and close. You got your price and a cash deal. Don't fu the opportunity. But that's just me.

stomachmonkey 09-11-2015 09:14 AM

Quote:

Originally Posted by notfarnow (Post 8789614)
I'd tend to agree, but my instincts are based on a market that is distinctly in the buyer's favor. If this buyer backs out, are you going to be waiting 2-3 months for another one? Could you end up with another buyer right away, but one who's more likely to nit-pick on a bunch of things? $200 seems like a pretty small bandaid to rip if you have a price and a closing date you're happy with.

My wifes cousin moved here to TX from NJ a few years back.

Had his house in NJ for sale. He'd bought during the bubble run up and was selling on the other side.

Talking to him one day and asked how it's going. Say's he's had a few offers but they are low, best was $20K below asking. I told him to take it and run. He hedged because he was already under water and could not wrap his head around losing another $20K.

I told him the offers he was getting were the market telling him he's asking too much, he should take the best offer and suck it up.

Say's he's going to wait it out and try to get his price.

Told him, this is what will happen. That house costs you $5k a month. It's October. If you don't get an offer in the next 3 weeks that makes you happy you'll be sitting on this house till spring. Once you are in November the weather is keeping buyers home. Then Thanksgiving and the Holiday Season starts. Everyone is preoccupied with family and other stuff. No one is going to come look. Forget about January because the weather is even ****tier and everyone is recouping from the holidays. Your best hope is you'll get an offer in February, more likely March. But that's only because you dropped the price $20k because it's been sitting too long at the previous price.

So to sum up, $5k a month for at least four months plus a price drop of $20k to value it correctly for the market and you'll be out at best $40k and 4 months of stress vs $20K to be done with it today.

He didn't listen, he had no serious lookers till February when he dropped the price $20k and ended up accepting on offer for $10k less than he was asking so it ended up costing him $50k when all was said and done.

He actually listens to my advice these days.

aigel 09-11-2015 09:14 AM

Haha - amazing you would even have to think about this.

f) call handy man and have new garage door opener installed. OMG, it will be $300!

G

A930Rocket 09-11-2015 10:01 AM

$200? Fix it and be done with it.

E Sully 09-11-2015 01:21 PM

Quote:

Originally Posted by URY914 (Post 8789545)
UPDATE UPDATE UPDATE
The inspector did find some items that were not quite 100% to his liking. But he admitted they were minor in nature.
They were;
1. I have three GFI outlets that have the polarity backwards.
2. The garage disposal and the hot water heater wiring from the wall to the device is not in conduit.
3. The garage door does not have a laser beam stopping/reversing devise on it.
4. The age of the water heater was noted.
5. I have a electrical wire splice in the attic that is not in a electrical box.
There were several other items and I don't need to list them all. If someone wants a copy you can PM me your email.
Your thoughts?SmileWavy

Personally, being an electrician, I find it hard to believe the garage door opener is considered more important than the electrical items.
Reversed polarity GFCI's and a splice not being in a box are simple to fix, but fairly hazardous things. Major fines from OSHA if anyone is using outlets with reverse polarity. Also not having wiring in conduit, simple enough to add some flexible metal conduit or sealtight. These would all be top of the list during an inspection.

look 171 09-11-2015 09:09 PM

Quote:

Originally Posted by E Sully (Post 8790814)
Personally, being an electrician, I find it hard to believe the garage door opener is considered more important than the electrical items.
Reversed polarity GFCI's and a splice not being in a box are simple to fix, but fairly hazardous things. Major fines from OSHA if anyone is using outlets with reverse polarity. Also not having wiring in conduit, simple enough to add some flexible metal conduit or sealtight. These would all be top of the list during an inspection.

GFI wouldn't have worked. It would stayed "poped". OP should have noticed hat since they are no longer working. Refund the 200 bucks and sell the house.


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