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Palladium Style Estate

Scheduled Pinned Locked Moved Off Key - General Discussion
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  • wtgW Offline
    wtgW Offline
    wtg
    wrote on last edited by wtg
    #21

    Having the same agent for buyer and seller is called dual agency. There's an inherent risk when the same person is representing both the buyer and the seller because what's good for the buyer might not be in the best interests of the seller, and vice versa. If the agent is super honest, dual agency might work out ok, but it is a trickier situation to navigate than having your own buyer's agent to represent your interests exclusively.

    Dual agency works differently in different states. At least the details and legal responsibilities do, I believe.

    As far as real estate commissions are concerned, at least around here the seller pays the entire real estate commission and the buyer doesn't pay anything. I don't know how universal that is. In the case of dual agency, the agent gets both sides of the commission.

    So what's typical around here (and may be completely different for your situation, both the state you live in and the fact that you are buying a mobile home) is that the seller's agent gets 2.5 - 3% of the sale price, and the buyer's agent gets the same. If the selling agent represents both sides they may reduce the total commission and maybe just get 4% for doing the deal. Which of course is still more that the 2.5 - 3% they would have gotten if there were two agents in the transaction.

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    • D Offline
      D Offline
      Daniel
      wrote on last edited by Daniel
      #22

      Thanks for the explanation.

      Everything is in flux here in any case.

      We got a 7 day notice to clear the carport or be evicted last month. The drug addled grifter with the mindset of a spoiled 5 year old threw all his stuff all over the carport and back yard yet again.

      A second violation in 12 months is an automatic eviction. I spent 3 days doing the work the last time. I will not touch this mess. Nothing in it belongs to me. I am more than sick of his drug addled derangement, sense of entitlement, and chaos.

      By rights, we should be receiving an eviction notice any day.

      He's violent, he's a bully, and he's a pig.

      I'm getting out of this place if it's the last thing I do.

      'But as they said in one of the later Rocky movies, "Time...it's undefeated.".-- Mik

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      • D Daniel

        We're signing a contract tomorrow. I don't know if I can take occupancy but for the love of all that is holy I hope so. I had to show proof of income and park residency.

        AdagioMA Offline
        AdagioMA Offline
        AdagioM
        wrote on last edited by
        #23

        @Daniel When you say “we,” who is the other person?

        1 Reply Last reply
        • D Offline
          D Offline
          Daniel
          wrote on last edited by
          #24

          The meeting was postponed and I'm getting my own realtor on the advice of my cousin. The we was supposed to me and the realtor with the listing. I was hoping it would lock in the sale. The realtor decided she wants to talk to my trustee and a title agent before meeting. My trustee, my sister in law gave me permission to give the realtor her phone number. Talk away! I wish my roommate (?) wasn't a drug addled mental 5 year old jeopardizing out tenancy though. The manager showed up here today because threw his garbage out the back door sgain. His mother can't help him (truly) and she's dying not to put too fine a point on it. We text. She told me we can go to a shelter. God bless her. The shelters are full and the people on the waiting list are sleeping on the ground. I said no thank you. My share of the estate turned out to be (for me) more (x2) than I had guessed. I'm not sleeping on the ground in the cold in the rain.

          'But as they said in one of the later Rocky movies, "Time...it's undefeated.".-- Mik

          AdagioMA 1 Reply Last reply
          • D Daniel

            The meeting was postponed and I'm getting my own realtor on the advice of my cousin. The we was supposed to me and the realtor with the listing. I was hoping it would lock in the sale. The realtor decided she wants to talk to my trustee and a title agent before meeting. My trustee, my sister in law gave me permission to give the realtor her phone number. Talk away! I wish my roommate (?) wasn't a drug addled mental 5 year old jeopardizing out tenancy though. The manager showed up here today because threw his garbage out the back door sgain. His mother can't help him (truly) and she's dying not to put too fine a point on it. We text. She told me we can go to a shelter. God bless her. The shelters are full and the people on the waiting list are sleeping on the ground. I said no thank you. My share of the estate turned out to be (for me) more (x2) than I had guessed. I'm not sleeping on the ground in the cold in the rain.

            AdagioMA Offline
            AdagioMA Offline
            AdagioM
            wrote on last edited by
            #25

            @Daniel Good luck on getting out of a bad situation. Do you have to sell your current dwelling? You’re not taking RM with you, are you?

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            • D Offline
              D Offline
              Daniel
              wrote on last edited by Daniel
              #26

              Second question first-- no, I'm not taking him with me period. If I might speak freely-- I hope he dies in his sleep tonight. I viscerally hate him
              and don't want to look at him or hear him speak for one more day out of the days I have to left on this earth.

              Second question-- no, I don't need the money. I'm going to ensure the park takes ownership of this place for non-payment of rent and RM walks away without a dime.

              Thank you for your kind wishes.

              'But as they said in one of the later Rocky movies, "Time...it's undefeated.".-- Mik

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