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Valeria Mola, 305-607-0709 SIB Realty Condos for Sale and Rent (SIB Realty - Miami, Sunny Isles Beach)

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Ambassador
5,254,675
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I have done that but, you really have to know your market and your sellers have to agree to your pricing terms.

HOWEVER, I would NEVER do that with a tenant in place. As well, I don't know what the average DOM are for that complex, Valeria so, I can't advise you to take it without knowing that number and if your folks are going to price it properly or not, if there was no tenant in place.

Jul 28, 2018 03:12 PM
Rainmaker
2,071,025
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

No. 

I would recommend find another broker or agent. Won't be me. Especially the owner had a license before. Strange offer. 

What started crooked cannot be straight. 

Jul 28, 2018 03:33 PM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

If you let the client dictate terms you will likely lose, tell your client how it needs to be, timing, price, and presentation.

In the two months and endless expenses spent trying to sell this overpriced home with tenants working against you, you could be out finding better clients.

Jul 28, 2018 03:16 PM
Ambassador
2,684,669
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 Selling as investment with tenant in place?   Maybe, depending upon the market, but not if overpriced.

 Selling to potential owner-occupant with tenant in place?   No.

 Short term listing like that, whether tenant or no tenant, the owner is going to pay for the photography.   Plus I want an upfront non-refundable fee.

Jul 28, 2018 02:48 PM
Rainmaker
846,475
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

NO WAY!

Jul 28, 2018 02:43 PM
Rainmaker
2,221,377
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

No, minimun 6 months listing.

Jul 28, 2018 02:27 PM
Rainmaker
2,400,425
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I would consider the 60 day listing but keep close track of showings while it was my listing and insist that if any of those showing turned into a sale after my watch I would still get a piece of the action Valeria Mola .

Jul 28, 2018 04:44 PM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Yes, however, NEVER under those conditions.

Jul 28, 2018 03:19 PM
Rainmaker
1,506,163
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Not under those conditions.  If it was priced 20k (or more) under the upgraded one and the owner did what was needed to get the house looking as good as possible AND it was a vacant/go direct, then I would consider it.

Jul 28, 2018 02:43 PM
Ambassador
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Without a tenant, priced right, depending on the condo complex, a 60-day listing would work.  That seller does not feel motivated to me ... it feels like they want to use you to test the market. 

Jul 29, 2018 09:10 AM
Rainmaker
4,901,858
Richard Weeks
Dallas, TX
REALTOR®, Broker

I don't care the length of the listing agreement, because I know the seller can terminate at any time, and my only recourse would be to sue them.  I would be more concerned about taking an overpriced listing.

Jul 29, 2018 06:04 AM
Rainmaker
1,056,663
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Is this a trick question sister?
Let me think about this for a moment--NO
No. It's overpriced and no time to market it.
No.
Nope.
ALL my listings are 1 YEAR. Mutual kickout clause.
Tenant MUST cooperate or be removed.
Price right.
Past licensee status may or may not impress me much.

Jul 28, 2018 07:14 PM
Rainmaker
759,485
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

I can't remember taking anything less than 6 months. Some people (short sales) I sign to a year. I think I'd try hard to get the 6 mos. before giving in. I'd tell them your office requires you to get atleast 6 months. I'd say if they had to take it off the market then the term of the listing is irrelevant anyway. If it meant not getting the listing I'd tell them you would ask your Broker if you could do 4 months; double what they are proposing & then stand firm on that. 

Jul 28, 2018 04:57 PM
Rainmaker
4,582,434
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

It depends.  What is the likelihood of selling?  Why is the ed request being made? 

Jul 28, 2018 04:19 PM
Rainmaker
716,032
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

It doesn't sound like a reasonable time for an overpriced listing.

Jul 28, 2018 03:43 PM
Rainmaker
7,864,157
Roy Kelley
Retired - Gaithersburg, MD

Only if the price is realistic.

Jul 28, 2018 03:15 PM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

all of our listings are taken for 6 months....period!

Jul 28, 2018 02:51 PM
Rainmaker
716,529
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Unlikely. It starts with my #1 business rule. All listings are for one year - if not I don't take the listing. Then I look at the closed DOM, expireds and cancelleds, then the price and condition of the property.

Then put all this in a bag, shake for 10 seconds, then pour everything on my desk and see what I have to deal with vs everything else on my plate

Jul 29, 2018 07:31 AM
Rainmaker
4,348,038
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

NEVER. Our minimum is 1 year!

Jul 29, 2018 03:32 AM
Rainer
482,547
Bruce Kunz
C21 Solid Gold Realty, Brick, NJ, 732-920-2100 - Howell, NJ
REALTOR®, Brick & Howell NJ Homes for Sale

Hi Valeria Mola. From your information I'd say no to this one. Obviously all is negotiable, but 6 months is minimum w/o really good reasons to go less.
Good luck!
Bruce

 

Jul 28, 2018 07:07 PM
Rainmaker
5,240,031
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

No, drop price by $30,000 and give me 30 days more than average days on market for that complex

Jul 28, 2018 06:04 PM
Rainmaker
808,379
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

I would not take it. I usually only do 6 months, the odd 3 month. 

Jul 28, 2018 05:15 PM
Rainmaker
1,847,051
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Based on your criteria there I would say no.

Tenant probably won't cooperate & price does not guarantee that they aren't slobs. Price range is good but again tenant can make a serious dent in your progress.

Notice that a past licensure doesn't make the seller less crazy?

Jul 28, 2018 04:54 PM
Rainmaker
1,712,776
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Whatever floats your boat.

Jul 28, 2018 03:05 PM
Rainmaker
5,113,121
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No... my absolute minimum is 90 days (depending on the property) and typically not less than 120 days with an automatic renewal built in.

Jul 29, 2018 11:39 AM
Rainmaker
1,753,313
Mike Cooper, Broker VA,WV
Cornerstone Business Group Inc - Winchester, VA
Your Neighborhood Real Estate Sales Pro

Valeria, I'm not sure I'd take that one. I did sell two in less than 24 hours last year, but it looks like your may be full of obstacles. 

Jul 29, 2018 07:24 AM
Rainmaker
577,750
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

My board would not allow me to take a listing under 60 days... and I would take it only with understanding that if, after 3 weeks on the market we have no offers, then the price gets reduced a minimum of 12-15K.  I would have the Seller sign the required form at the time of the listing and initiate it after the 3 week period. If the tenant is still under a lease,  the new buyer would have to assume the tenants until the end of the lease term at minimum.

Jul 29, 2018 05:54 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Not unless it's priced very aggressively.  Definitely not if the condo has a tenant.

Jul 29, 2018 05:53 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

As you describe the opportunity, I would pass. Lets see....occupied, overpriced, difficult access.........seller is looking for a chump.

However, when the right motivations and incentives are in place I will take a 1 day listing, but more typically a 30 to 45 day listing. The property will be shown Fri, Sat and Sun and sold on Monday.

Jul 29, 2018 05:51 AM
Rainmaker
913,568
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

$20,000.00 difference for same condo in same building is too much to hope for. If it was priced similar, I would consider a 60 day listing if condos have been selling fairly quickly.

Jul 29, 2018 05:08 AM
Rainmaker
1,574,666
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

You answered my questions to support a BIG NO!  Seller motivation missing, competitive price missing, tenant occupied means access limited.  Why waste time?

Jul 29, 2018 04:30 AM
Rainmaker
1,553,599
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

90 days are my typical, if the market and the price is right, 60 is doable but 30 is unrealistic. What does a condo have to do with it?

Jul 28, 2018 06:04 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I alway try for 6 months, i will take 3 months an dthink hard about 2 months. 30 days is not enough unless priced under market value and vacant for me to put real money and time into it

Jul 28, 2018 05:21 PM
Rainmaker
5,772,587
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Valeria,

I agree with Evelina Tsigelnitskaya A

Jul 29, 2018 09:11 AM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Valeria Mola - depends on the stats in that market and seller's willingness to list the condo at right price or slightly below market value.

Good Luck.

Jul 28, 2018 10:18 PM
Rainmaker
1,624,853
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

it is for you to decide. It is not just about price of RE.

Jul 28, 2018 07:52 PM
Rainmaker
4,177,308
John Pusa
Glendale, CA

Valeria Mola it depends on the local market. However, this listing can be challenging.

Jul 28, 2018 05:40 PM
Rainer
249,799
Jerry Thomas-Construction Loans
Cranbrook Loans - Farmington Hills, MI
Construction Loans in MI, OH, PA, VA, GA and FL.

If it was priced right, sure.

Jul 28, 2018 04:40 PM
Rainmaker
2,784,726
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Its not a lipsmacker....Has to have more flavor to make the effort pay off

Jul 28, 2018 04:04 PM
Rainmaker
249,853
Denise Copeland
Home Sales Palm Beach - Jupiter, FL
Jupiter Abacoa Sales & Beach Front Luxury Homes

If it's priced below market value, heck yeah! It will have multiple offers within the first day.

Jul 30, 2018 06:37 AM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Depends on the history of the building

Jul 29, 2018 08:15 PM
Rainmaker
1,728,256
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Sounds like a loser right out of the box

Jul 29, 2018 06:05 PM
Rainer
140,560
Richard L. McKinney P.A.
Atlantic Shores Realty Expertise - Port St Lucie, FL
For Results that MOVE you on the Treasure Coast!

Probably wouldn't need to becuase I can overcome that objection. 

Jul 28, 2018 06:36 PM
Rainmaker
1,241,879
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

YOu never know may be you get a buyer on 61st day after expiration and seller will give you a gift card.....

Jul 28, 2018 06:20 PM
Ambassador
3,167,714
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

nope

Jul 29, 2018 09:59 PM
Rainmaker
1,323,529
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I would take the listing if it is priced right, Valeria Mola. Does not seem to me you have described the circumstances that I would embrace.

Jul 29, 2018 02:41 PM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Nope. We did not take it.

Aug 27, 2018 10:58 AM
Rainmaker
5,877,915
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I would be sure I could sell it.  My shortest time is usually 3 months.

Aug 02, 2018 11:41 AM
Rainmaker
991,352
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Sure if they price it the way I want not the way they want! And I'll sell it in less than 30 days

Jul 30, 2018 08:21 AM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Depends.

Jul 29, 2018 05:47 AM
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