Home Buyin/Maintenance Thread - Where most of us are 30ish but act 47. Oh, and fuck home inspectors

Discussion in 'The Mainboard' started by Swim Cantore, May 4, 2015.

  1. DriveByBBQ

    DriveByBBQ Well-Known Member
    Donor
    Alabama Crimson TideTiger WoodsBirmingham LegionPGAGrateful DeadUnited States Men's National Soccer Team

    In 6th grade a classmate told me his granddad lost an eye in a bungee cord accident and I haven’t used one since.
     
    Lip, One Two, Snakes and 4 others like this.
  2. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    If you’re going to do the epoxy floors your only opportunity is the same day you close because once one item gets put in the garage you’ve lost your chance

    source: I lost my chance
     
    Lip, slogan119, The Banks and 10 others like this.
  3. houtex716

    houtex716 let's have a beach party
    Donor
    Texas Tech Red RaidersHouston AstrosHouston RocketsHouston TexansKansas City Chiefs

    78664
     
  4. ramszoolander

    ramszoolander Guess what? Vulcan butt!
    Donor
    West Virginia MountaineersBirmingham Legion

    SIAP, but couldn't they just have an employee do a lot of the work?
     
  5. DrTomOsbourne

    DrTomOsbourne Fully Husked
    Donor
    Nebraska CornhuskersTampa Bay LightningCrystal Palace

    This is the plan
     
  6. Simon Templar

    Simon Templar Well-Known Member
    Kansas JayhawksChicago CubsSneakersBig 8 Conference

    We have a product that we sell that’s super fucking easy. The toughest part is prepping the floor which is cleaning it really well and then making the microabraisions so you can get better adhesion. We sell it into operating rooms for my side of the business and you can add a piece to make it not slippery, flake it and seal it. Ours self levels so you don’t have the bullshit with the concrete epoxy. The worst part is the time it takes to dry and cure.
     
  7. Snakes

    Snakes clumsy interloper
    Donor TMB OG
    Alabama Crimson Tide

    It’s getting harder and harder these days to get a contractor to come out for much less than that.
     
  8. ned's head

    ned's head Well-Known Member
    Donor

    Had some hail last week. It's been funny watching the roofers go door to door in the neighborhood like it's some kind of middle aged man Halloween
     
  9. Wywan Bwowna

    Wywan Bwowna Wywan Bwowna
    Donor
    Vanderbilt CommodoresTennessee TitansNashville Predators

    But then you are forcing that agent to do significantly more work again (to cover that employees salary or hourly wages), and you would be getting the work of that employee (who probably knows significantly less than the agent) and not the good agent.

    Basically making the agent have an employee to do busy work would make it even harder for them to make a living with the fees proposed.
     
  10. Name P. Redacted

    Name P. Redacted I have no money and I'm also gay
    Donor
    Kansas State WildcatsSeattle Kraken

    I ain’t feeling bad for real estate agents after the last decade
     
    Lip, ramszoolander, Hatfield and 14 others like this.
  11. Jorts

    Jorts "Ask about my Mortgage Services"
    Donor
    ArsenalEnglandFormula 1

    Change & oversight was needed, but the overall impact of the NAR settlement isn’t going to be that big of a deal for the 10% that do 90% of the business. Like in any industry, you need to provide value to survive. It’s always been a point of contention to me that Agents made non-negotiable 3% on either side of the deal… meanwhile, as a lender, I’m getting rate shopped on every transaction.

    Many of the not-so-good Realtors have already exited the field, post-covid. Just as 80% of Mortgage LOs/Brokers have as well (MLO Licensing renewals are down 80% over the last 2 years). The NE Florida market had 16k Real Estate Agents a few years ago & that’s down to around 12k. There needs to be more attrition & this should help

    There will be many lending implications to this settlement, that have yet to be worked out… causing unintended impact of consumers/potential homeowners.

    • Government loans(FHA,VA,USDA) have very specific guidance regarding what can be charged to the buyer.
    • Many prospective clients that I come across barely have enough assets to qualify as-is. Now with real estate commission potentially flipping to their side (assuming not a Govy loan), they are even further away from qualification.

    In summary, this isn’t just a Realtors are finally getting what they deserve… it’s gonna impact everyone looking to buy/sell a home.
     
    #39611 Jorts, Mar 17, 2024
    Last edited: Mar 17, 2024
  12. Redav

    Redav One big ocean
    Donor

    Financial Calamity 2: Subprime bugaloo
     
    Hatfield likes this.
  13. Jorts

    Jorts "Ask about my Mortgage Services"
    Donor
    ArsenalEnglandFormula 1

    Na. At least not caused by the home finance sector, this time. Lending guidelines & regulations were VERY restrictive post Dodd-Frank & have remained relatively close to that mark, despite some needed loosening.
     
    Barves2125 and Redav like this.
  14. kezarmyaj

    kezarmyaj eat your floor cereal
    Donor TMB OG
    Dallas CowboysEvertonAustin FCDallas Mavericks altTexas Tech Red Raiders alt

    is it only on certain items/temp? had a similar issue, but it was only for these pillowcases/bedsheets that had this threaded gold color trim. basically drying them on high heat it was transferring some of the color. re-washed and dried on lower heat and didnt happen after.
     
  15. DriveByBBQ

    DriveByBBQ Well-Known Member
    Donor
    Alabama Crimson TideTiger WoodsBirmingham LegionPGAGrateful DeadUnited States Men's National Soccer Team

    Tommy Silva is a national treasure…

     
    slogan119, The Banks, Duck70 and 4 others like this.
  16. ned's head

    ned's head Well-Known Member
    Donor

    Just disassembled my dryer lint housing. It's incredible how much lint gets past the filter
     
    Lip and Imurhuckleberry like this.
  17. Wywan Bwowna

    Wywan Bwowna Wywan Bwowna
    Donor
    Vanderbilt CommodoresTennessee TitansNashville Predators

    Oh I’m not either. But I’m also suggesting that those changes would make it not a sustainable career and thus, likely degrade the quality of the work of the ones who stay it in. Which isn’t good for the homeowners or buyers.
     
  18. Oranjello

    Oranjello Well-Known Member
    Donor
    Green Bay PackersNew Orleans SaintsGrateful DeadMississippi Rebels

    At least now buyer’s agents won’t waste time showing their clients shitty houses that don’t align with what the client wants so that the agent can point to the showing a as a way to justify their fees/commissions, wasting everyone’s time in the process.
     
    Hatfield, THF and bigred77 like this.
  19. Oranjello

    Oranjello Well-Known Member
    Donor
    Green Bay PackersNew Orleans SaintsGrateful DeadMississippi Rebels

    Here’s a fun thought exercise: what’s a reasonable hourly rate for a buyer’s agent?
     
  20. NoNatty

    NoNatty Keyboard Cowboy
    Donor
    Oregon DucksPortland Trail BlazersSan Francisco 49'ersManchester UnitedPortland Timbers

    idk but if buyers agent trying to charge hourly it will kill off that side even more.
     
  21. Jorts

    Jorts "Ask about my Mortgage Services"
    Donor
    ArsenalEnglandFormula 1

    Most do both… however working with buyers has been the entry into the industry, as they mature over time most successful agents tend to shift more to a 50/50 or 60/40 ratio of buyers to listings.

    They do deal with a ton of BS, non-qualified people & driving all over the place showing homes. But as I’ve mentioned multiple times, showing an home or finding the property is no longer the value-add. That was the case back when homes for sale were published in a book monthly, and expecting them to “find your home” today is archaic. You work with a top agent because who you know matters & negotiating items post-inspection.

    The agent typically only gets a portion of the 3%, after their brokerage takes their cut. Working for national or large-scale brokerage makes sense when starting out, due to training & resources provided, but they take a much larger cut. There’s been a rise of discount brokerages like EXP, in the last few years a they offer little support, but much greater control of personal compensation.
     
    #39621 Jorts, Mar 17, 2024
    Last edited: Mar 17, 2024
    Wywan Bwowna, PAHokie and One Two like this.
  22. Jorts

    Jorts "Ask about my Mortgage Services"
    Donor
    ArsenalEnglandFormula 1

    How this shakes out impacts my biz, and that of most every lender. I’m purchase heavy, accounting for about 90% of my production. I haven’t had to buy leads for years, and am 100% referral based, with most of those coming from Realtors. Most of my partner agents are well established, but the NAR settlement will certainly impact how my business comes, if not from whom.
     
    THF and PAHokie like this.
  23. houtex716

    houtex716 let's have a beach party
    Donor
    Texas Tech Red RaidersHouston AstrosHouston RocketsHouston TexansKansas City Chiefs

    Was going to drop the home price tomorrow…
    Realtor calls me and we have multiple offers including a cash offer :bananallama:
     
    Lip, slogan119, Hatfield and 15 others like this.
  24. One Two

    One Two Hot Dog Vibes
    Donor
    Auburn TigersAtlanta Braves

    C2F6ED21-4EFC-4A79-A00A-3C2EA0E3F7AC.png
     
    Lip, slogan119, Hatfield and 8 others like this.
  25. houtex716

    houtex716 let's have a beach party
    Donor
    Texas Tech Red RaidersHouston AstrosHouston RocketsHouston TexansKansas City Chiefs

    Cash offer just came back in with $15k more and is now over asking price :ahh:
     
  26. Carl Brutananadilewski

    Carl Brutananadilewski do what now?
    Donor

    We made our buyers agent take us to about a hundred houses and bid on many of them, still I don’t think he deserved the >30k commission he received in the end
     
  27. laxjoe

    laxjoe Well-Known Member
    Donor
    San Diego State AztecsSan Diego Padres

    You should still drop the price tomorrow. Just to fuck with them
     
    ~ taylor ~, Lip, THF and 6 others like this.
  28. houtex716

    houtex716 let's have a beach party
    Donor
    Texas Tech Red RaidersHouston AstrosHouston RocketsHouston TexansKansas City Chiefs

    Under contract, 7 day option period starts today so hopefully the inspection doesn’t uncover anything weird
     
  29. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
    Donor TMB OG
    Texas LonghornsManchester United

    congrats...don't let buyers see the WSJ coverage today about the cooldown of the Austin r.e. market.
     
  30. ned's head

    ned's head Well-Known Member
    Donor

    I have a big ass ant hill in my backyard. Poked a hole and a million came out, but not sure what kind they are. Anyone know of a good chemical or product to fuck these guys up?
     
    dump, One Two and bigred77 like this.
  31. Name P. Redacted

    Name P. Redacted I have no money and I'm also gay
    Donor
    Kansas State WildcatsSeattle Kraken

    Anteater from zoo
     
  32. bigred77

    bigred77 Well-Known Member
    Donor
    Texas Tech Red RaidersTexas RangersSan Antonio SpursDallas CowboysKansas City ChiefsAustin FCTexas Tech Red Raiders alt

    Sounds like what we call fire ants around here.
    Little bitty ants?

    Ortho orthene powder seems to work best for me
     
    dump, ned's head and One Two like this.
  33. One Two

    One Two Hot Dog Vibes
    Donor
    Auburn TigersAtlanta Braves

  34. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    magnifying glass
     
    Lip, slogan119, Hatfield and 6 others like this.
  35. ned's head

    ned's head Well-Known Member
    Donor

    I was going to try orthene but honestly the anteater/flame thrower combo was too sensible to pass up.
     
  36. WillySaliba

    WillySaliba Well-Known Member
    Donor
    Philadelphia 76'ersArsenal

    I’d dump molten aluminum in there and make a cast of their tunnel system. Dig it out and have a nice decoration for your home. Maybe get a live laugh love sign for above it as well?
     
  37. Funshot Residue

    Funshot Residue Mammoth Stabber
    Donor

    For those that don't know, One Two would have me buy a flamethrower to kill ground hornet nests, even if it means my kid doesn't get to go to college. Admittedly, I've considered it, but I can't see it getting past the appropriations committee.
     
  38. One Two

    One Two Hot Dog Vibes
    Donor
    Auburn TigersAtlanta Braves

    Does the appropriation committee know that your child’s well being may be adversely affected without the flamethrower?

     
    Barves2125 and Snakes like this.
  39. Funshot Residue

    Funshot Residue Mammoth Stabber
    Donor

    I've tried to make our case, to no avail.
     
    One Two likes this.
  40. houtex716

    houtex716 let's have a beach party
    Donor
    Texas Tech Red RaidersHouston AstrosHouston RocketsHouston TexansKansas City Chiefs

    Inspection scheduled for Thursday, praying nothing big comes up
     
  41. NoNatty

    NoNatty Keyboard Cowboy
    Donor
    Oregon DucksPortland Trail BlazersSan Francisco 49'ersManchester UnitedPortland Timbers

    Putting in an offer on land tomorrow. Land already has well/septic/electric installed and approved for building. Buying the land then getting a construction loan.

    Anything specific we should be putting in the offer?
     
  42. The Banks

    The Banks TMB's Alaskan
    Donor TMB OG
    Oregon DucksGreen Bay PackersDetroit Red WingsBayern Munich

    $100 plus the cost of the ladder. Should be able to do it yourself.
     
  43. The Banks

    The Banks TMB's Alaskan
    Donor TMB OG
    Oregon DucksGreen Bay PackersDetroit Red WingsBayern Munich

    Molten aluminum.
     
    One Two likes this.
  44. Bruce Bowen

    Bruce Bowen Well-Known Member
    Donor

    Funny story I was selling my house and the only thing the buyers asked for was for the attic ladder to be fixed/replaced. I had no idea what it would cost but it was the only thing they asked for so I thought whatever can't be that much. I get ahold of a local handyman. Tell the nice old lady on the phone what I need and she says "Yeah we can do that no problem it'll be $2,500". While this was way over what I expected I figured oh well I gotta do it so said okay I guess when can you do it. She immediately busts out dying laughing and said she was messing with me cause she had a bad day and needed a laugh. I was so confused but also relieved that it was only going to be $600 that I couldn't even be mad.
     
    Lip, slogan119, Escanor and 11 others like this.
  45. Upton^2

    Upton^2 blocked just a park away, but I can't really say
    Donor
    Clemson TigersAtlanta BravesCharlotte HornetsCarolina PanthersArsenal

    What the hell
     
    Hatfield and One Two like this.
  46. Doc Louis

    Doc Louis Well-Known Member
    Donor

    nope, gonna weed out the bad ones, and the good ones will thrive and probably have higher home prices to offset lower agent rates eventually. they won't willingly take a paycut if they can avoid it.
     
  47. slogan119

    slogan119 Her?
    Donor TMB OG
    Florida State SeminolesChicago CubsReal Madrid

    Always fun to come home from work to a major appliance not working.

    Appears we’re getting a new fridge this weekend.
     
    Lip, One Two, dump and 8 others like this.
  48. laxjoe

    laxjoe Well-Known Member
    Donor
    San Diego State AztecsSan Diego Padres

    Hey congrats
     
    Lip, One Two, dump and 5 others like this.