I recently asked our Exclusive Buyers Agent in Everett, WA to help out a family member who is experiencing the distress of this extremely down market in real estate.
Because this agency only helps buyers and does not take listings, she was able to provide objective advise for Dave, who is recently divorced. However, she cannot represent him in the sale of his property due her choice to represent only buyers in her firm. Dave has two homes with negative cash flow, and two “boomerang” children living at home:
“Dave is on the right track. He is going to try FSBO on his rental and see what happens from there.
I have advised him on associated costs in the sale so he is aware that even in a FSBO there are costs.
I will certainly keep him in mind if I have any Marysville clients that his homes would be a good fit for.
Thank you for contacting me and if I can be of any other assistance just let me know. It is such a bad time for Seller’s
As homes are now selling below appraised value.