From tlginsberg at yahoo.com Fri Jan 1 10:12:37 2010 From: tlginsberg at yahoo.com (Tanya Ginsberg) Date: Fri, 1 Jan 2010 07:12:37 -0800 (PST) Subject: [5-DayForum] questions about signage In-Reply-To: Message-ID: <935094.11920.qm@web33403.mail.mud.yahoo.com> I have a similar issue with selling a condo in a high security building. ?They won't let anyone in unless they have been previously added to a security list. ?Which seems to kill the drive by traffic or do I just add Must Call ahead for admittance? --- On Thu, 12/31/09, Janetislight at aol.com wrote: From: Janetislight at aol.com Subject: Re: [5-DayForum] questions about signage To: 5-dayforum at mailman.howtosellyourhomein5days.com Date: Thursday, December 31, 2009, 4:45 PM I received almost all my responses from signs, and another local 5-day seller has had the same results.? I just put the ad from the book on the signs.? And there are sign laws here as well.? But, only one was taken down by security and no fine was imposed. ? Best of luck, ? Janet ? In a message dated 12/31/2009 3:03:43 P.M. Central Standard Time, hurrison at hotmail.com writes: Hi, I live in an area where signage laws seem very strict.? Does anyone have any recommendations on 1) making sure signs stay up 2) not being fined 3) other methods to advertise on inspection days? Would also love any tips on most effective text for the signs. Thanks! Stacey Hotmail: Trusted email with powerful SPAM protection. Sign up now. = _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -----Inline Attachment Follows----- _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100101/9073bbb6/attachment.html From janetislight at aol.com Fri Jan 1 20:12:45 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Fri, 1 Jan 2010 20:12:45 EST Subject: [5-DayForum] questions about signage Message-ID: <5a63.5be39479.386ff78d@aol.com> When they contact you in reference to the condo, I would just tell them to let you know what day they are coming by and add them to the list then. Greatest of luck! Janet In a message dated 1/1/2010 10:55:05 A.M. Central Standard Time, tlginsberg at yahoo.com writes: I have a similar issue with selling a condo in a high security building. They won't let anyone in unless they have been previously added to a security list. Which seems to kill the drive by traffic or do I just add Must Call ahead for admittance? --- On Thu, 12/31/09, Janetislight at aol.com wrote: From: Janetislight at aol.com Subject: Re: [5-DayForum] questions about signage To: 5-dayforum at mailman.howtosellyourhomein5days.com Date: Thursday, December 31, 2009, 4:45 PM I received almost all my responses from signs, and another local 5-day seller has had the same results. I just put the ad from the book on the signs. And there are sign laws here as well. But, only one was taken down by security and no fine was imposed. Best of luck, Janet In a message dated 12/31/2009 3:03:43 P.M. Central Standard Time, hurrison at hotmail.com writes: Hi, I live in an area where signage laws seem very strict. Does anyone have any recommendations on 1) making sure signs stay up 2) not being fined 3) other methods to advertise on inspection days? Would also love any tips on most effective text for the signs. Thanks! Stacey ____________________________________ Hotmail: Trusted email with powerful SPAM protection. _Sign up now._ (http://clk.atdmt.com/GBL/go/177141665/direct/01/) = _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -----Inline Attachment Follows----- _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mip://06a83210/mc/compose?to=5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100101/9c398f5e/attachment.html From janetislight at aol.com Fri Jan 1 20:22:37 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Fri, 1 Jan 2010 20:22:37 EST Subject: [5-DayForum] Selling Apartment Building with 5-day Method Message-ID: <5b66.326f7f98.386ff9dd@aol.com> Wow, that is one comprehensive site. How are people going to find it? What are using at tags to get people to this site? BTW, on the Bidding Rules you have some typos you might want to clean up. If anything, you might have too much information. The pictures would be better with a wide angle lens. I think you can buy disposable ones now that are also digital. Greatest of luck to you in your sale. Keep us posted. Janet In a message dated 1/1/2010 10:59:39 A.M. Central Standard Time, scottrose1 at gmail.com writes: Yes, I am in the process of tying to Sell my Apartment Building with the 5 day sale. Please check out my web site at _scottarose.com_ (http://scottarose.com/) And let me know what you think. Thanks, Scott Rose _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100101/6b82da30/attachment.html From PJ323JP at aol.com Sat Jan 2 23:29:58 2010 From: PJ323JP at aol.com (PJ323JP at aol.com) Date: Sat, 2 Jan 2010 23:29:58 EST Subject: [5-DayForum] questions about signage Message-ID: Greetings Stacey, Have you considered parking your car in front your property and placing a sign on the roof? I'm planning to do something like that, perhaps parking on a busy intersecting street corner. Peter In a message dated 12/31/2009 1:03:46 P.M. Pacific Standard Time, hurrison at hotmail.com writes: Hi, I live in an area where signage laws seem very strict. Does anyone have any recommendations on 1) making sure signs stay up 2) not being fined 3) other methods to advertise on inspection days? Would also love any tips on most effective text for the signs. Thanks! Stacey ____________________________________ Hotmail: Trusted email with powerful SPAM protection. _Sign up now._ (http://clk.atdmt.com/GBL/go/177141665/direct/01/) = _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100102/817743b8/attachment.html From hurrison at hotmail.com Sun Jan 3 11:25:07 2010 From: hurrison at hotmail.com (Stacey Harrison) Date: Sun, 3 Jan 2010 08:25:07 -0800 Subject: [5-DayForum] questions about signage In-Reply-To: References: Message-ID: Great idea! Thanks, I'll do that with both our cars. From: PJ323JP at aol.com Date: Sat, 2 Jan 2010 23:29:58 -0500 To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] questions about signage Greetings Stacey, Have you considered parking your car in front your property and placing a sign on the roof? I'm planning to do something like that, perhaps parking on a busy intersecting street corner. Peter In a message dated 12/31/2009 1:03:46 P.M. Pacific Standard Time, hurrison at hotmail.com writes: Hi, I live in an area where signage laws seem very strict. Does anyone have any recommendations on 1) making sure signs stay up 2) not being fined 3) other methods to advertise on inspection days? Would also love any tips on most effective text for the signs. Thanks! Stacey Hotmail: Trusted email with powerful SPAM protection. Sign up now. = _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _________________________________________________________________ Hotmail: Powerful Free email with security by Microsoft. http://clk.atdmt.com/GBL/go/171222986/direct/01/ -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100103/26c44c1e/attachment.html From pj323jp at aol.com Sun Jan 3 12:12:31 2010 From: pj323jp at aol.com (pj323jp at aol.com) Date: Sun, 3 Jan 2010 12:12:31 EST Subject: [5-DayForum] questions about signage Message-ID: <1285d.14924626.387229ff@aol.com> In a message dated 1/3/2010 8:37:28 A.M. Pacific Standard Time, hurrison at hotmail.com writes: Great idea! Thanks, I'll do that with both our cars. ____________________________________ From: PJ323JP at aol.com Date: Sat, 2 Jan 2010 23:29:58 -0500 To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] questions about signage Greetings Stacey, Have you considered parking your car in front your property and placing a sign on the roof? I'm planning to do something like that, perhaps parking on a busy intersecting street corner. Peter In a message dated 12/31/2009 1:03:46 P.M. Pacific Standard Time, hurrison at hotmail.com writes: Hi, I live in an area where signage laws seem very strict. Does anyone have any recommendations on 1) making sure signs stay up 2) not being fined 3) other methods to advertise on inspection days? Would also love any tips on most effective text for the signs. Thanks! Stacey ____________________________________ Hotmail: Trusted email with powerful SPAM protection. _Sign up now._ (http://clk.atdmt.com/GBL/go/177141665/direct/01/) = _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum ____________________________________ Hotmail: Powerful Free email with security by Microsoft. _Get it now._ (http://clk.atdmt.com/GBL/go/171222986/direct/01/) = _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100103/32ce9a22/attachment.html From pj323jp at aol.com Sun Jan 3 12:16:39 2010 From: pj323jp at aol.com (pj323jp at aol.com) Date: Sun, 3 Jan 2010 12:16:39 EST Subject: [5-DayForum] questions about signage Message-ID: <128df.6b1e979d.38722af7@aol.com> One word of caution. Be prepared for wind. Tie the sign's supports down by running a piece of rope through the car doors. In a message dated 1/3/2010 8:37:28 A.M. Pacific Standard Time, hurrison at hotmail.com writes: Great idea! Thanks, I'll do that with both our cars. ____________________________________ From: PJ323JP at aol.com Date: Sat, 2 Jan 2010 23:29:58 -0500 To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] questions about signage Greetings Stacey, Have you considered parking your car in front your property and placing a sign on the roof? I'm planning to do something like that, perhaps parking on a busy intersecting street corner. Peter In a message dated 12/31/2009 1:03:46 P.M. Pacific Standard Time, hurrison at hotmail.com writes: Hi, I live in an area where signage laws seem very strict. Does anyone have any recommendations on 1) making sure signs stay up 2) not being fined 3) other methods to advertise on inspection days? Would also love any tips on most effective text for the signs. Thanks! Stacey ____________________________________ Hotmail: Trusted email with powerful SPAM protection. _Sign up now._ (http://clk.atdmt.com/GBL/go/177141665/direct/01/) = _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum ____________________________________ Hotmail: Powerful Free email with security by Microsoft. _Get it now._ (http://clk.atdmt.com/GBL/go/171222986/direct/01/) = _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100103/d30b15b0/attachment.html From lgsimescu at yahoo.com Sun Jan 3 11:14:06 2010 From: lgsimescu at yahoo.com (Lisa Simescu) Date: Sun, 3 Jan 2010 08:14:06 -0800 (PST) Subject: [5-DayForum] Just read the book................ Message-ID: <265947.76685.qm@web59004.mail.re1.yahoo.com> Hi, I just bought and read the book.? I'm not sure how to use the forum.? I would like to know of anyone who's had a recent 5-day sale in this market and what their results were.? Any information would be great.? Also, how do I advertise to the people that are searching sites like Realtor.com and Zillow?? I think that's how a lot of people are finding their "favorite "neighborhood" listings in my area.? My neighborhood happens to be one of the local favorites, so I want to make sure I reach those buyers. Lisa -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100103/165c0368/attachment.html From gigi at gigiestabrook.com Sun Jan 3 16:17:53 2010 From: gigi at gigiestabrook.com (Gigi Estabrook) Date: Sun, 3 Jan 2010 13:17:53 -0800 Subject: [5-DayForum] Finding a 5-day consultant Message-ID: <7595C151-BEB5-4C09-9FEB-A3ECA7749C64@gigiestabrook.com> I have a house in Concord, MA, and I now live in Portland, OR. My house has been on the market for 8 months, and the price has gone from $525K to $399K. My contract with the broker is about to expire. Because this will be my first 5-day sale and I am on the opposite coast, I would at least like to talk to someone about conducting the sale for me. Google didn't produce any results. Is there a source for this type of person? Thanks. ____________________________________ www.PPL.BlastOffNetwork.com/GigiEstabrook gigi at gigiestabrook.com 971-275-3399 (Cell) From southsms at gmail.com Sun Jan 3 17:57:38 2010 From: southsms at gmail.com (susan scheifley) Date: Sun, 3 Jan 2010 17:57:38 -0500 Subject: [5-DayForum] Finding a 5-day consultant In-Reply-To: <7595C151-BEB5-4C09-9FEB-A3ECA7749C64@gigiestabrook.com> References: <7595C151-BEB5-4C09-9FEB-A3ECA7749C64@gigiestabrook.com> Message-ID: I live in NC and used to live in Boston. I would like to speak with someone who has acted as a consultant to conduct the 5-day sale.I would like to personaly like to conduct sales acting as a consult, so let me know if you connect with someone. I was told by a real estate investor that whoever does the sale must have an equity interest in the property otherwise they are acting as a real estste agent without a licence. The Invester also informed me that he has put an option to purchase the property ($10 consideration) to comply with the ownership interest part. Good luck and let me know if I can help. Susan On Sun, Jan 3, 2010 at 4:17 PM, Gigi Estabrook wrote: > I have a house in Concord, MA, and I now live in Portland, OR. My > house has been on the market for 8 months, and the price has gone from > $525K to $399K. My contract with the broker is about to expire. > > Because this will be my first 5-day sale and I am on the opposite > coast, I would at least like to talk to someone about conducting the > sale for me. Google didn't produce any results. Is there a source > for this type of person? > > Thanks. > ____________________________________ > www.PPL.BlastOffNetwork.com/GigiEstabrook > gigi at gigiestabrook.com > 971-275-3399 (Cell) > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100103/63030ea7/attachment.html From brentonwhipple at hotmail.com Mon Jan 4 13:19:24 2010 From: brentonwhipple at hotmail.com (Brenton Whipple) Date: Mon, 4 Jan 2010 11:19:24 -0700 Subject: [5-DayForum] 5-DayForum Digest, Vol 33, Issue 19 In-Reply-To: References: Message-ID: I seem to remember that in the book Bill says that anytime will work except for major holidays when people won't miss going to Grandma's to see a house. While many people may have a date or time of year that they think is best, it all depends on the buyer pool. There will always be a buyer pool at any given time (certain number of folks that want to buy a home like yours). It is constantly changing; new buyers coming in, others leaving because they buy or decide not to buy. So the fact remains that you nor I nor anyone can predict which buyer pool will pay the most for your home. So I would suggest taking Bill's advice when he says in the Chapter "Now is the time-Pick a Day, Any Day". He says basically that everyone has an opinion about the best time to sell a home but that time might not be the best time for you. He also gives an example of a homeowner that sold in the dead of winter with more than 2 feet of snow. They sold in 5 days for exactly what they wanted. In other words, you can't possibly know when the buyer pool will be the absolute most ideal, so you might as well pick a date that works well for you and your family's schedule and situation rather than killing yourself with anxiety over which day after or before the super bowl will be best. Maybe the buyer who will pay most for your home doesn't like football. ;) Good luck, Brenton -----Original Message----- From: 5-dayforum-bounces+brentonwhipple=hotmail.com at mailman.howtosellyourhomein5da ys.com [mailto:5-dayforum-bounces+brentonwhipple=hotmail.com at mailman.howtosellyourh omein5days.com] On Behalf Of 5-dayforum-request at mailman.howtosellyourhomein5days.com Sent: Thursday, December 31, 2009 10:00 AM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: 5-DayForum Digest, Vol 33, Issue 19 Send 5-DayForum mailing list submissions to 5-dayforum at mailman.howtosellyourhomein5days.com To subscribe or unsubscribe via the World Wide Web, visit http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum or, via email, send a message with subject or body 'help' to 5-dayforum-request at mailman.howtosellyourhomein5days.com You can reach the person managing the list at 5-dayforum-owner at mailman.howtosellyourhomein5days.com When replying, please edit your Subject line so it is more specific than "Re: Contents of 5-DayForum digest..." From PJ323JP at aol.com Mon Jan 4 17:52:50 2010 From: PJ323JP at aol.com (PJ323JP at aol.com) Date: Mon, 4 Jan 2010 17:52:50 EST Subject: [5-DayForum] 5-DayForum Digest, Vol 33, Issue 19 Message-ID: Greetings Brenton, Your reasoning is sound but there are indicators which help any seller to know when there will be more buyers for a particular area. One of these is available inventory on the market. I recently spoke with a very helpful title officer who told me that the inventory in my area is relatively low right now, making this a good time to find multiple buyers in the market. I can confirm his statement by checking the usual advertising sources for homes, _www.realtor.com_ (http://www.realtor.com) as an example. Peter In a message dated 1/4/2010 2:06:01 P.M. Pacific Standard Time, brentonwhipple at hotmail.com writes: I seem to remember that in the book Bill says that anytime will work except for major holidays when people won't miss going to Grandma's to see a house. While many people may have a date or time of year that they think is best, it all depends on the buyer pool. There will always be a buyer pool at any given time (certain number of folks that want to buy a home like yours). It is constantly changing; new buyers coming in, others leaving because they buy or decide not to buy. So the fact remains that you nor I nor anyone can predict which buyer pool will pay the most for your home. So I would suggest taking Bill's advice when he says in the Chapter "Now is the time-Pick a Day, Any Day". He says basically that everyone has an opinion about the best time to sell a home but that time might not be the best time for you. He also gives an example of a homeowner that sold in the dead of winter with more than 2 feet of snow. They sold in 5 days for exactly what they wanted. In other words, you can't possibly know when the buyer pool will be the absolute most ideal, so you might as well pick a date that works well for you and your family's schedule and situation rather than killing yourself with anxiety over which day after or before the super bowl will be best. Maybe the buyer who will pay most for your home doesn't like football. ;) Good luck, Brenton -----Original Message----- From: 5-dayforum-bounces+brentonwhipple=hotmail.com at mailman.howtosellyourhomein5da ys.com [mailto:5-dayforum-bounces+brentonwhipple=hotmail.com at mailman.howtosellyourh omein5days.com] On Behalf Of 5-dayforum-request at mailman.howtosellyourhomein5days.com Sent: Thursday, December 31, 2009 10:00 AM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: 5-DayForum Digest, Vol 33, Issue 19 Send 5-DayForum mailing list submissions to 5-dayforum at mailman.howtosellyourhomein5days.com To subscribe or unsubscribe via the World Wide Web, visit http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum or, via email, send a message with subject or body 'help' to 5-dayforum-request at mailman.howtosellyourhomein5days.com You can reach the person managing the list at 5-dayforum-owner at mailman.howtosellyourhomein5days.com When replying, please edit your Subject line so it is more specific than "Re: Contents of 5-DayForum digest..." _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100104/d65854da/attachment.html From brentonwhipple at hotmail.com Tue Jan 5 17:43:52 2010 From: brentonwhipple at hotmail.com (Brenton Whipple) Date: Tue, 5 Jan 2010 15:43:52 -0700 Subject: [5-DayForum] Best time to sell In-Reply-To: References: Message-ID: Peter, I will have to agree with you on that but I will clarify a bit more of my thought. Here is my reasoning... While more buyers in the buyer pool means a better chance of a higher sales price because of demand, it doesn't necessarily mean that the smaller buyer pool cannot contain buyers who will pay more for the home, thus increasing your sales price over the bigger buyer pool. What I am saying is that there are so many variables that no one could possibly predict which date will produce the highest price. So if the timing that you move matters nothing to you (which, I will say is pretty much never given circumstances behind moving including job changes, deaths, divorces, growing family and even just the desire to get into the new home) you can to play your odds shooting for a time when there might be more buyers present, but, there's no guarantee you're going to get more for the home then. Here are a few more variables: Maybe you notice that more homes sell in the spring so there are more total buyers in the market and there are less buyers in the fall. But what if it turns out that although you would have more total buyers in the market in spring, there are more buyers looking for a home like yours in fall? So in theory you may get a better price in September. But what if in September home values have dropped 5% since Spring, will the possible higher sales price exceed your 5% loss? Also lets say it's winter and the statistics are telling you that there will be more buyers in the spring, 4 months away, and your holding costs on the home (i.e. mortgage pmt, utilities, etc) are $2,000/mo. That is potentially $8,000 that you are paying for a chance at a higher price. That may or may not be a chance you want to take. Folks are always moving; spring, dead of winter, fall, summer, it doesn't matter. So that's why I say (and why I think that Bill must have put it into the book) that the date you perform your sale should probably weigh more heavily on when you need or desire to move than when you "think" might be a time that has more buyers. Brenton From foreclosureinvestor at comcast.net Mon Jan 4 13:48:49 2010 From: foreclosureinvestor at comcast.net (Troy Mease) Date: Mon, 4 Jan 2010 13:48:49 -0500 Subject: [5-DayForum] Remove me from your mailing list. In-Reply-To: References: Message-ID: <000b01ca8d6e$8e94b5f0$abbe21d0$@net> Troy Mease Ph.302-507-4575 Wilmington, DE -----Original Message----- From: 5-dayforum-bounces+foreclosureinvestor=comcast.net at mailman.howtosellyourhome in5days.com [mailto:5-dayforum-bounces+foreclosureinvestor=comcast.net at mailman.howtosell yourhomein5days.com] On Behalf Of 5-dayforum-request at mailman.howtosellyourhomein5days.com Sent: Sunday, January 03, 2010 12:00 PM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: 5-DayForum Digest, Vol 34, Issue 3 Send 5-DayForum mailing list submissions to 5-dayforum at mailman.howtosellyourhomein5days.com To subscribe or unsubscribe via the World Wide Web, visit http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum or, via email, send a message with subject or body 'help' to 5-dayforum-request at mailman.howtosellyourhomein5days.com You can reach the person managing the list at 5-dayforum-owner at mailman.howtosellyourhomein5days.com When replying, please edit your Subject line so it is more specific than "Re: Contents of 5-DayForum digest..." From riverpeace at mac.com Tue Jan 5 23:53:53 2010 From: riverpeace at mac.com (Stacia Rivers) Date: Tue, 05 Jan 2010 22:53:53 -0600 Subject: [5-DayForum] Using Postlets Message-ID: <4F052FEB-26A8-4AF5-9A32-9E125AC93D6A@mac.com> Postlets have been mentioned and look great, but I am running into issues of including the 5 day info into their format. Has anyone used a postlet? How did you include "or best offer", inspection and the bidding information needed for the 5 day sale? I couldn't find examples from the archives. Thanks. Stacia From tlginsberg at yahoo.com Wed Jan 6 18:43:35 2010 From: tlginsberg at yahoo.com (Tanya Ginsberg) Date: Wed, 6 Jan 2010 15:43:35 -0800 (PST) Subject: [5-DayForum] Using Postlets In-Reply-To: <4F052FEB-26A8-4AF5-9A32-9E125AC93D6A@mac.com> Message-ID: <646259.52999.qm@web33405.mail.mud.yahoo.com> stacia, look for mine in palm beach --- On Tue, 1/5/10, Stacia Rivers wrote: From: Stacia Rivers Subject: [5-DayForum] Using Postlets To: 5-dayforum at mailman.howtosellyourhomein5days.com Date: Tuesday, January 5, 2010, 10:53 PM Postlets have been mentioned and look great, but I am running into issues of including the 5 day info into their format.? Has anyone used a postlet?? How did you include "or best offer",? inspection and the bidding information needed for the 5 day sale?? I couldn't find examples from the archives.? Thanks.? Stacia _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100106/e6f20632/attachment.html From riversfamily2 at msn.com Wed Jan 6 19:59:53 2010 From: riversfamily2 at msn.com (S RIVERS) Date: Wed, 6 Jan 2010 18:59:53 -0600 Subject: [5-DayForum] Using Postlets In-Reply-To: <646259.52999.qm@web33405.mail.mud.yahoo.com> References: <4F052FEB-26A8-4AF5-9A32-9E125AC93D6A@mac.com>, <646259.52999.qm@web33405.mail.mud.yahoo.com> Message-ID: Can't really find your postlet. I looked at the Trulia and Zillow sites so far. Any pointers? Talked with an attorney today and he was worried I could get sued if I don't sell to a low ball bidder. Gonna go against his advise and plow forward for next week. I'm also going to make a lowball offer on the house I want in MN. If I get that deal sewn up, I can afford the hit here. Good Luck. Stacia Date: Wed, 6 Jan 2010 15:43:35 -0800 From: tlginsberg at yahoo.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Using Postlets stacia, look for mine in palm beach --- On Tue, 1/5/10, Stacia Rivers wrote: From: Stacia Rivers Subject: [5-DayForum] Using Postlets To: 5-dayforum at mailman.howtosellyourhomein5days.com Date: Tuesday, January 5, 2010, 10:53 PM Postlets have been mentioned and look great, but I am running into issues of including the 5 day info into their format. Has anyone used a postlet? How did you include "or best offer", inspection and the bidding information needed for the 5 day sale? I couldn't find examples from the archives. Thanks. Stacia _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100106/302b22ec/attachment.html From Andy.Klee at ERPtips.com Fri Jan 8 10:06:59 2010 From: Andy.Klee at ERPtips.com (Andy Klee) Date: Fri, 8 Jan 2010 08:06:59 -0700 Subject: [5-DayForum] Using Postlets In-Reply-To: Message-ID: I got the same advice and decided to state that the house would be sold to the highest acceptable bidder. I also told people that there was an undisclosed reserve. Everything worked out and I got 97% of what my reserve price was and sold it for that. -----Original Message----- From: 5-dayforum-bounces+andy.klee=erptips.com at mailman.howtosellyourhomein5days.co m [mailto:5-dayforum-bounces+andy.klee=erptips.com at mailman.howtosellyourhomein 5days.com]On Behalf Of S RIVERS Sent: Wednesday, January 06, 2010 6:00 PM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Using Postlets Can't really find your postlet. I looked at the Trulia and Zillow sites so far. Any pointers? Talked with an attorney today and he was worried I could get sued if I don't sell to a low ball bidder. Gonna go against his advise and plow forward for next week. I'm also going to make a lowball offer on the house I want in MN. If I get that deal sewn up, I can afford the hit here. Good Luck. Stacia ---------------------------------------------------------------------------- -- Date: Wed, 6 Jan 2010 15:43:35 -0800 From: tlginsberg at yahoo.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Using Postlets stacia, look for mine in palm beach --- On Tue, 1/5/10, Stacia Rivers wrote: From: Stacia Rivers Subject: [5-DayForum] Using Postlets To: 5-dayforum at mailman.howtosellyourhomein5days.com Date: Tuesday, January 5, 2010, 10:53 PM Postlets have been mentioned and look great, but I am running into issues of including the 5 day info into their format. Has anyone used a postlet? How did you include "or best offer", inspection and the bidding information needed for the 5 day sale? I couldn't find examples from the archives. Thanks. Stacia _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5 -dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100108/588a6168/attachment.html From skyhighplanning at gmail.com Fri Jan 8 10:11:53 2010 From: skyhighplanning at gmail.com (SKY HIGH) Date: Fri, 8 Jan 2010 10:11:53 -0500 Subject: [5-DayForum] Using Postlets In-Reply-To: References: <4F052FEB-26A8-4AF5-9A32-9E125AC93D6A@mac.com>, <646259.52999.qm@web33405.mail.mud.yahoo.com> Message-ID: How can you get sued if you don't have a legal contract between you and the bidder until you accept the bid? Good luck! Carlos A. Chica Sky High Planning, Inc. Real Estate Solutions Co. 7380 Sand Lake Rd. #500 Orlando, FL 32819 Office: (407) 352-3220 Fax: (407) 738-4816 Cell: (646) 552-0107 skyhighplanning at gmail.com Coming Soon: www.SKYHIGHPLANNING.com "It's kind of Fun to do the Impossible" - Walt Disney On Jan 6, 2010, at 7:59 PM, S RIVERS wrote: > Can't really find your postlet. I looked at the Trulia and Zillow > sites so far. Any pointers? Talked with an attorney today and he > was worried I could get sued if I don't sell to a low ball bidder. > Gonna go against his advise and plow forward for next week. I'm > also going to make a lowball offer on the house I want in MN. If I > get that deal sewn up, I can afford the hit here. > > Good Luck. > > Stacia > > Date: Wed, 6 Jan 2010 15:43:35 -0800 > From: tlginsberg at yahoo.com > To: 5-dayforum at mailman.howtosellyourhomein5days.com > Subject: Re: [5-DayForum] Using Postlets > > stacia, look for mine in palm beach > > --- On Tue, 1/5/10, Stacia Rivers wrote: > > From: Stacia Rivers > Subject: [5-DayForum] Using Postlets > To: 5-dayforum at mailman.howtosellyourhomein5days.com > Date: Tuesday, January 5, 2010, 10:53 PM > > Postlets have been mentioned and look great, but I am running into > issues of including the 5 day info into their format. Has anyone > used a postlet? How did you include "or best offer", inspection > and the bidding information needed for the 5 day sale? I couldn't > find examples from the archives. Thanks. Stacia > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100108/735a5bd8/attachment.html From bill at effros.com Fri Jan 8 10:38:59 2010 From: bill at effros.com (Bill Effros) Date: Fri, 08 Jan 2010 10:38:59 -0500 Subject: [5-DayForum] Using Postlets In-Reply-To: References: <4F052FEB-26A8-4AF5-9A32-9E125AC93D6A@mac.com>, <646259.52999.qm@web33405.mail.mud.yahoo.com> Message-ID: <4B475193.2070300@effros.com> Stacia, People who are attorneys are allowed to give legal advice about real estate law even if they don't really know the answer, and have never thought about it before. Real estate professionals who are not attorneys know they cannot give legal advice except in specific instances regarding real estate. Publishers' attorneys force writers to include disclaimers about anything they write that even resembles legal or real estate advice. Here's what I'm allowed to tell you. In 20 years of advocating the 5-Day Method I have never heard of a successful suit brought against a private party for failing to close on a home advertised "Will be Sold Sunday Night to Highest Bidder." In fact, I have never heard of an unsuccessful suit, nor have I heard of any suit ever filed, nor have I heard of any suit ever filed against a real estate professional using this technique. I have heard of a few threats, but these never go anywhere because as soon as the buyers consult their attorneys they discover there is no basis for a suit, and that's the end of it. Of course, people who use the method properly always offer the home to the high bidder, so there is never even a threat in these instances. If you stick to simple Internet advertising you can know in a couple of hours whether or not you have a reasonable expectation for the sale of your home Sunday night. If you don't get an overwhelming response to the unvarnished offer to sell your home to the high bidder starting at 1/2 its current value, you stop the sale, and the issue of not selling it Sunday night never comes up. If you do get 25 responses by Friday night--without sending clowns with cattle prods out into the street to round up bidders who actually believe you will sell your home for 1/2 its current value--you will sell it Sunday night for the high end of its current value. It's really simple, and you seem to understand it. In any case, Postlets will not solve your problem. They may make you feel better by attracting more people, but they will not cause your home to sell for more money. Bill Effros Aurthor S RIVERS wrote: > Can't really find your postlet. I looked at the Trulia and Zillow > sites so far. Any pointers? Talked with an attorney today and he was > worried I could get sued if I don't sell to a low ball bidder. Gonna > go against his advise and plow forward for next week. I'm also going > to make a lowball offer on the house I want in MN. If I get that deal > sewn up, I can afford the hit here. > > Good Luck. > > Stacia > > ------------------------------------------------------------------------ > Date: Wed, 6 Jan 2010 15:43:35 -0800 > From: tlginsberg at yahoo.com > To: 5-dayforum at mailman.howtosellyourhomein5days.com > Subject: Re: [5-DayForum] Using Postlets > > stacia, look for mine in palm beach > > --- On *Tue, 1/5/10, Stacia Rivers //* wrote: > > > From: Stacia Rivers > Subject: [5-DayForum] Using Postlets > To: 5-dayforum at mailman.howtosellyourhomein5days.com > Date: Tuesday, January 5, 2010, 10:53 PM > > Postlets have been mentioned and look great, but I am running into > issues of including the 5 day info into their format. Has anyone > used a postlet? How did you include "or best offer", inspection > and the bidding information needed for the 5 day sale? I couldn't > find examples from the archives. Thanks. Stacia > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > ------------------------------------------------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > From PJ323JP at aol.com Fri Jan 8 13:06:26 2010 From: PJ323JP at aol.com (PJ323JP at aol.com) Date: Fri, 8 Jan 2010 13:06:26 EST Subject: [5-DayForum] Using Postlets Message-ID: Greetings Bill, Thanks for the clear and concise explanation and for relating it to your twenty years of experience. This kind of "legal" question must become a PIA for you, as often as it comes up, but it really does help us novices to hear from you about it. Respectfully, Peter In a message dated 1/8/2010 7:39:50 A.M. Pacific Standard Time, bill at effros.com writes: Stacia, People who are attorneys are allowed to give legal advice about real estate law even if they don't really know the answer, and have never thought about it before. Real estate professionals who are not attorneys know they cannot give legal advice except in specific instances regarding real estate. Publishers' attorneys force writers to include disclaimers about anything they write that even resembles legal or real estate advice. Here's what I'm allowed to tell you. In 20 years of advocating the 5-Day Method I have never heard of a successful suit brought against a private party for failing to close on a home advertised "Will be Sold Sunday Night to Highest Bidder." In fact, I have never heard of an unsuccessful suit, nor have I heard of any suit ever filed, nor have I heard of any suit ever filed against a real estate professional using this technique. I have heard of a few threats, but these never go anywhere because as soon as the buyers consult their attorneys they discover there is no basis for a suit, and that's the end of it. Of course, people who use the method properly always offer the home to the high bidder, so there is never even a threat in these instances. If you stick to simple Internet advertising you can know in a couple of hours whether or not you have a reasonable expectation for the sale of your home Sunday night. If you don't get an overwhelming response to the unvarnished offer to sell your home to the high bidder starting at 1/2 its current value, you stop the sale, and the issue of not selling it Sunday night never comes up. If you do get 25 responses by Friday night--without sending clowns with cattle prods out into the street to round up bidders who actually believe you will sell your home for 1/2 its current value--you will sell it Sunday night for the high end of its current value. It's really simple, and you seem to understand it. In any case, Postlets will not solve your problem. They may make you feel better by attracting more people, but they will not cause your home to sell for more money. Bill Effros Aurthor S RIVERS wrote: > Can't really find your postlet. I looked at the Trulia and Zillow > sites so far. Any pointers? Talked with an attorney today and he was > worried I could get sued if I don't sell to a low ball bidder. Gonna > go against his advise and plow forward for next week. I'm also going > to make a lowball offer on the house I want in MN. If I get that deal > sewn up, I can afford the hit here. > > Good Luck. > > Stacia > > ------------------------------------------------------------------------ > Date: Wed, 6 Jan 2010 15:43:35 -0800 > From: tlginsberg at yahoo.com > To: 5-dayforum at mailman.howtosellyourhomein5days.com > Subject: Re: [5-DayForum] Using Postlets > > stacia, look for mine in palm beach > > --- On *Tue, 1/5/10, Stacia Rivers //* wrote: > > > From: Stacia Rivers > Subject: [5-DayForum] Using Postlets > To: 5-dayforum at mailman.howtosellyourhomein5days.com > Date: Tuesday, January 5, 2010, 10:53 PM > > Postlets have been mentioned and look great, but I am running into > issues of including the 5 day info into their format. Has anyone > used a postlet? How did you include "or best offer", inspection > and the bidding information needed for the 5 day sale? I couldn't > find examples from the archives. Thanks. Stacia > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > ------------------------------------------------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100108/c78c2758/attachment.html From janetislight at aol.com Fri Jan 8 13:12:45 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Fri, 8 Jan 2010 13:12:45 EST Subject: [5-DayForum] Using Postlets Message-ID: <5385.1c0ef6b4.3878cf9d@aol.com> Ohhhhh with wonderfully simple legal world which attorneys try to make so difficult. And please no one take this personally. My attorney was fine with everything. Of course I use pre-paid legal so anything he does for me he does at a discount, so he didn't want me to pay him to read the book or draft a new method or anything. All you say is no one is committed to anything until a contract is signed. My advice, get a new attorney. One that wants you to be successful. You can give him the closing business. Greatest of Luck! Janet In a message dated 1/8/2010 9:01:19 A.M. Central Standard Time, riversfamily2 at msn.com writes: Can't really find your postlet. I looked at the Trulia and Zillow sites so far. Any pointers? Talked with an attorney today and he was worried I could get sued if I don't sell to a low ball bidder. Gonna go against his advise and plow forward for next week. I'm also going to make a lowball offer on the house I want in MN. If I get that deal sewn up, I can afford the hit here. Good Luck. Stacia ____________________________________ Date: Wed, 6 Jan 2010 15:43:35 -0800 From: tlginsberg at yahoo.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Using Postlets stacia, look for mine in palm beach --- On Tue, 1/5/10, Stacia Rivers wrote: From: Stacia Rivers Subject: [5-DayForum] Using Postlets To: 5-dayforum at mailman.howtosellyourhomein5days.com Date: Tuesday, January 5, 2010, 10:53 PM Postlets have been mentioned and look great, but I am running into issues of including the 5 day info into their format. Has anyone used a postlet? How did you include "or best offer", inspection and the bidding information needed for the 5 day sale? I couldn't find examples from the archives. Thanks. Stacia _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (http:///mc/compose?to=5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) = _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100108/cdff8937/attachment.html From riversfamily2 at msn.com Fri Jan 8 13:16:47 2010 From: riversfamily2 at msn.com (S RIVERS) Date: Fri, 8 Jan 2010 12:16:47 -0600 Subject: [5-DayForum] Using Postlets In-Reply-To: <4B475193.2070300@effros.com> References: <4F052FEB-26A8-4AF5-9A32-9E125AC93D6A@mac.com>, , <646259.52999.qm@web33405.mail.mud.yahoo.com>, , <4B475193.2070300@effros.com> Message-ID: Bill, Thank you for your insight. I am putting my faith in the process knowing that the odds are in my favor if I get the 25 calls. If not, I will cancel my sale. My sale is next week. I appreciate all the help with everyone's responses. Warm Regards, Stacia > Date: Fri, 8 Jan 2010 10:38:59 -0500 > From: bill at effros.com > To: 5-dayforum at mailman.howtosellyourhomein5days.com > Subject: Re: [5-DayForum] Using Postlets > > Stacia, > > People who are attorneys are allowed to give legal advice about real > estate law even if they don't really know the answer, and have never > thought about it before. > > Real estate professionals who are not attorneys know they cannot give > legal advice except in specific instances regarding real estate. > > Publishers' attorneys force writers to include disclaimers about > anything they write that even resembles legal or real estate advice. > > Here's what I'm allowed to tell you. In 20 years of advocating the > 5-Day Method I have never heard of a successful suit brought against a > private party for failing to close on a home advertised "Will be Sold > Sunday Night to Highest Bidder." > > In fact, I have never heard of an unsuccessful suit, nor have I heard of > any suit ever filed, nor have I heard of any suit ever filed against a > real estate professional using this technique. > > I have heard of a few threats, but these never go anywhere because as > soon as the buyers consult their attorneys they discover there is no > basis for a suit, and that's the end of it. > > Of course, people who use the method properly always offer the home to > the high bidder, so there is never even a threat in these instances. > > If you stick to simple Internet advertising you can know in a couple of > hours whether or not you have a reasonable expectation for the sale of > your home Sunday night. If you don't get an overwhelming response to > the unvarnished offer to sell your home to the high bidder starting at > 1/2 its current value, you stop the sale, and the issue of not selling > it Sunday night never comes up. > > If you do get 25 responses by Friday night--without sending clowns with > cattle prods out into the street to round up bidders who actually > believe you will sell your home for 1/2 its current value--you will sell > it Sunday night for the high end of its current value. > > It's really simple, and you seem to understand it. > > In any case, Postlets will not solve your problem. They may make you > feel better by attracting more people, but they will not cause your home > to sell for more money. > > Bill Effros > Aurthor > > > > S RIVERS wrote: > > Can't really find your postlet. I looked at the Trulia and Zillow > > sites so far. Any pointers? Talked with an attorney today and he was > > worried I could get sued if I don't sell to a low ball bidder. Gonna > > go against his advise and plow forward for next week. I'm also going > > to make a lowball offer on the house I want in MN. If I get that deal > > sewn up, I can afford the hit here. > > > > Good Luck. > > > > Stacia > > > > ------------------------------------------------------------------------ > > Date: Wed, 6 Jan 2010 15:43:35 -0800 > > From: tlginsberg at yahoo.com > > To: 5-dayforum at mailman.howtosellyourhomein5days.com > > Subject: Re: [5-DayForum] Using Postlets > > > > stacia, look for mine in palm beach > > > > --- On *Tue, 1/5/10, Stacia Rivers //* wrote: > > > > > > From: Stacia Rivers > > Subject: [5-DayForum] Using Postlets > > To: 5-dayforum at mailman.howtosellyourhomein5days.com > > Date: Tuesday, January 5, 2010, 10:53 PM > > > > Postlets have been mentioned and look great, but I am running into > > issues of including the 5 day info into their format. Has anyone > > used a postlet? How did you include "or best offer", inspection > > and the bidding information needed for the 5 day sale? I couldn't > > find examples from the archives. Thanks. Stacia > > _______________________________________________ > > 5-DayForum mailing list > > 5-DayForum at mailman.howtosellyourhomein5days.com > > > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > > > ------------------------------------------------------------------------ > > > > _______________________________________________ > > 5-DayForum mailing list > > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100108/3fb2aa47/attachment.html From tlginsberg at yahoo.com Fri Jan 8 23:39:13 2010 From: tlginsberg at yahoo.com (Tanya Ginsberg) Date: Fri, 8 Jan 2010 20:39:13 -0800 (PST) Subject: [5-DayForum] Using Postlets In-Reply-To: References: <4F052FEB-26A8-4AF5-9A32-9E125AC93D6A@mac.com>, , <646259.52999.qm@web33405.mail.mud.yahoo.com>, , <4B475193.2070300@effros.com> Message-ID: <324290.54871.qm@web33402.mail.mud.yahoo.com> Stacia, so far I've had 2 responses from Craigslist and none from postlets.? I have gotten 22 total (obviously they've come from the local papers), so I'm going ahead with the sale. ________________________________ From: S RIVERS To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Fri, January 8, 2010 1:16:47 PM Subject: Re: [5-DayForum] Using Postlets Bill, ? Thank you for your insight. ? I?am putting my faith in the process knowing that the odds are in my favor if I get the 25 calls.??If not, I will cancel my sale.??My?sale is next week.? I appreciate all the help with everyone's responses. ? Warm Regards, ? Stacia ? > Date: Fri, 8 Jan 2010 10:38:59 -0500 > From: bill at effros.com > To: 5-dayforum at mailman.howtosellyourhomein5days.com > Subject: Re: [5-DayForum] Using Postlets > > Stacia, > > People who are attorneys are allowed to give legal advice about real > estate law even if they don't really know the answer, and have never > thought about it before. > > Real estate professionals who are not attorneys know they cannot give > legal advice except in specific instances regarding real estate. > > Publishers' attorneys force writers to include disclaimers about > anything they write that even resembles legal or real estate advice. > > Here's what I'm allowed to tell you. In 20 years of advocating the > 5-Day Method I have never heard of a successful suit brought against a > private party for failing to close on a home advertised "Will be Sold > Sunday Night to Highest Bidder." > > In fact, I have never heard of an unsuccessful suit, nor have I heard of > any suit ever filed, nor have I heard of any suit ever filed against a > real estate professional using this technique. > > I have heard of a few threats, but these never go anywhere because as > soon as the buyers consult their attorneys they discover there is no > basis for a suit, and that's the end of it. > > Of course, people who use the method properly always offer the home to > the high bidder, so there is never even a threat in these instances. > > If you stick to simple Internet advertising you can know in a couple of > hours whether or not you have a reasonable expectation for the sale of > your home Sunday night. If you don't get an overwhelming response to > the unvarnished offer to sell your home to the high bidder starting at > 1/2 its current value, you stop the sale, and the issue of not selling > it Sunday night never comes up. > > If you do get 25 responses by Friday night--without sending clowns with > cattle prods out into the street to round up bidders who actually > believe you will sell your home for 1/2 its current value--you will sell > it Sunday night for the high end of its current value. > > It's really simple, and you seem to understand it. > > In any case, Postlets will not solve your problem. They may make you > feel better by attracting more people, but they will not cause your home > to sell for more money. > > Bill Effros > Aurthor > > > > S RIVERS wrote: > > Can't really find your postlet. I looked at the Trulia and Zillow > > sites so far. Any pointers? Talked with an attorney today and he was > > worried I could get sued if I don't sell to a low ball bidder. Gonna > > go against his advise and plow forward for next week. I'm also going > > to make a lowball offer on the house I want in MN. If I get that deal > > sewn up, I can afford the hit here. > > > > Good Luck. > > > > Stacia > > > > ------------------------------------------------------------------------ > > Date: Wed, 6 Jan 2010 15:43:35 -0800 > > From: tlginsberg at yahoo.com > > To: 5-dayforum at mailman.howtosellyourhomein5days.com > > Subject: Re: [5-DayForum] Using Postlets > > > > stacia, look for mine in palm beach > > > > --- On *Tue, 1/5/10, Stacia Rivers //* wrote: > > > > > > From: Stacia Rivers > > Subject: [5-DayForum] Using Postlets > > To: 5-dayforum at mailman.howtosellyourhomein5days.com > > Date: Tuesday, January 5, 2010, 10:53 PM > > > > Postlets have been mentioned and look great, but I am running into > > issues of including the 5 day info into their format. Has anyone > > used a postlet? How did you include "or best offer", inspection > > and the bidding information needed for the 5 day sale? I couldn't > > find examples from the archives. Thanks. Stacia > > _______________________________________________ > > 5-DayForum mailing list > > 5-DayForum at mailman.howtosellyourhomein5days.com > > > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > > > ------------------------------------------------------------------------ > > > > _______________________________________________ > > 5-DayForum mailing list > > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100108/c8243554/attachment.html From sueburen528 at yahoo.com Fri Jan 8 14:57:15 2010 From: sueburen528 at yahoo.com (Suzanne Buren) Date: Fri, 8 Jan 2010 11:57:15 -0800 (PST) Subject: [5-DayForum] subscribe please Message-ID: <929385.57759.qm@web112015.mail.gq1.yahoo.com> my email is sueburen528 at yahoo.com -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100108/9ea3839d/attachment.html From janetislight at aol.com Sat Jan 9 14:11:09 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Sat, 9 Jan 2010 14:11:09 EST Subject: [5-DayForum] Using Postlets Message-ID: <12a12.6c845acf.387a2ecd@aol.com> Right on!!!! Keep us posted on your obvious success story! Janet In a message dated 1/8/2010 11:06:45 P.M. Central Standard Time, tlginsberg at yahoo.com writes: Stacia, so far I've had 2 responses from Craigslist and none from postlets. I have gotten 22 total (obviously they've come from the local papers), so I'm going ahead with the sale. ____________________________________ From: S RIVERS To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Fri, January 8, 2010 1:16:47 PM Subject: Re: [5-DayForum] Using Postlets Bill, Thank you for your insight. I am putting my faith in the process knowing that the odds are in my favor if I get the 25 calls. If not, I will cancel my sale. My sale is next week. I appreciate all the help with everyone's responses. Warm Regards, Stacia > Date: Fri, 8 Jan 2010 10:38:59 -0500 > From: bill at effros.com > To: 5-dayforum at mailman.howtosellyourhomein5days.com > Subject: Re: [5-DayForum] Using Postlets > > Stacia, > > People who are attorneys are allowed to give legal advice about real > estate law even if they don't really know the answer, and have never > thought about it before. > > Real estate professionals who are not attorneys know they cannot give > legal advice except in specific instances regarding real estate. > > Publishers' attorneys force writers to include disclaimers about > anything they write that even resembles legal or real estate advice. > > Here's what I'm allowed to tell you. In 20 years of advocating the > 5-Day Method I have never heard of a successful suit brought against a > private party for failing to close on a home advertised "Will be Sold > Sunday Night to Highest Bidder." > > In fact, I have never heard of an unsuccessful suit, nor have I heard of > any suit ever filed, nor have I heard of any suit ever filed against a > real estate professional using this technique. > > I have heard of a few threats, but these never go anywhere because as > soon as the buyers consult their attorneys they discover there is no > basis for a suit, and that's the end of it. > > Of course, people who use the method properly always offer the home to > the high bidder, so there is never even a threat in these instances. > > If you stick to simple Internet advertising you can know in a couple of > hours whether or not you have a reasonable expectation for the sale of > your home Sunday night. If you don't get an overwhelming response to > the unvarnished offer to sell your home to the high bidder starting at > 1/2 its current value, you stop the sale, and the issue of not selling > it Sunday night never comes up. > > If you do get 25 responses by Friday night--without sending clowns with > cattle prods out into the street to round up bidders who actually > believe you will sell your home for 1/2 its current value--you will sell > it Sunday night for the high end of its current value. > > It's really simple, and you seem to understand it. > > In any case, Postlets will not solve your problem. They may make you > feel better by attracting more people, but they will not cause your home > to sell for more money. > > Bill Effros > Aurthor > > > > S RIVERS wrote: > > Can't really find your postlet. I looked at the Trulia and Zillow > > sites so far. Any pointers? Talked with an attorney today and he was > > worried I could get sued if I don't sell to a low ball bidder. Gonna > > go against his advise and plow forward for next week. I'm also going > > to make a lowball offer on the house I want in MN. If I get that deal > > sewn up, I can afford the hit here. > > > > Good Luck. > > > > Stacia > > > > ------------------------------------------------------------------------ > > Date: Wed, 6 Jan 2010 15:43:35 -0800 > > From: tlginsberg at yahoo.com > > To: 5-dayforum at mailman.howtosellyourhomein5days.com > > Subject: Re: [5-DayForum] Using Postlets > > > > stacia, look for mine in palm beach > > > > --- On *Tue, 1/5/10, Stacia Rivers //* wrote: > > > > > > From: Stacia Rivers > > Subject: [5-DayForum] Using Postlets > > To: 5-dayforum at mailman.howtosellyourhomein5days.com > > Date: Tuesday, January 5, 2010, 10:53 PM > > > > Postlets have been mentioned and look great, but I am running into > > issues of including the 5 day info into their format. Has anyone > > used a postlet? How did you include "or best offer", inspection > > and the bidding information needed for the 5 day sale? I couldn't > > find examples from the archives. Thanks. Stacia > > _______________________________________________ > > 5-DayForum mailing list > > 5-DayForum at mailman.howtosellyourhomein5days.com > > > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > > > ------------------------------------------------------------------------ > > > > _______________________________________________ > > 5-DayForum mailing list > > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100109/bb989154/attachment.html From invite+kbgggegr at facebookmail.com Wed Jan 13 02:34:10 2010 From: invite+kbgggegr at facebookmail.com (Patricia Lone) Date: Tue, 12 Jan 2010 23:34:10 -0800 Subject: [5-DayForum] Check out my photos on Facebook Message-ID: <9c3c1b5b2cac5aba9fef32a23bfb0bb0@www.facebook.com> Hi 5-Day, I set up a Facebook profile where I can post my pictures, videos and events and I want to add you as a friend so you can see it. First, you need to join Facebook! Once you join, you can also create your own profile. Thanks, Patricia To sign up for Facebook, follow the link below: http://www.facebook.com/p.php?i=1474143912&k=Z2BXXZTRT3TF6EACQAX2Y5PQUV1EW42D&r Already have an account? Add this email address to your account http://www.facebook.com/n/?merge_accounts.php&e=5-dayforum at mailman.howtosellyourhomein5days.com&c=6e2da644f64c03b08f1ce27e0bcabab1.5-dayforum at mailman.howtosellyourhomein5days.com was invited to join Facebook by Patricia Lone. If you do not wish to receive this type of email from Facebook in the future, please click on the link below to unsubscribe. http://www.facebook.com/o.php?k=a14e0f&u=1075303778&mid=1b774a0G4017d562G0G8 Facebook's offices are located at 1601 S. California Ave., Palo Alto, CA 94304. -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100112/adefbb7c/attachment.html From invite+ihhh--hi at facebookmail.com Wed Jan 13 02:34:10 2010 From: invite+ihhh--hi at facebookmail.com (Patricia Lone) Date: Tue, 12 Jan 2010 23:34:10 -0800 Subject: [5-DayForum] Check out my photos on Facebook Message-ID: <9c68130275c30ebd2d5a47de19dbaa4f@www.facebook.com> Hi 5-DayForum, I set up a Facebook profile where I can post my pictures, videos and events and I want to add you as a friend so you can see it. First, you need to join Facebook! Once you join, you can also create your own profile. Thanks, Patricia To sign up for Facebook, follow the link below: http://www.facebook.com/p.php?i=1474143912&k=Z2BXXZTRT3TFXECIWB36T5PQUV1EW43M&r Already have an account? Add this email address to your account http://www.facebook.com/n/?merge_accounts.php&e=5-dayforum at howtosellyourhomein5days.com&c=f2a559c0e5e6fe0846540534f3fbe6a7.5-dayforum at howtosellyourhomein5days.com was invited to join Facebook by Patricia Lone. If you do not wish to receive this type of email from Facebook in the future, please click on the link below to unsubscribe. http://www.facebook.com/o.php?k=c6b8dd&u=1777960335&mid=1b774a0G69f9858fG0G8 Facebook's offices are located at 1601 S. California Ave., Palo Alto, CA 94304. -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100112/6f521c77/attachment.html From rchou at urbansolutionsllc.com Sun Jan 10 10:55:24 2010 From: rchou at urbansolutionsllc.com (Raymond Chou) Date: Sun, 10 Jan 2010 09:55:24 -0600 Subject: [5-DayForum] Looking for a consultant Message-ID: <002801ca920d$5313ff10$8301a8c0@RHC> I am looking for a consultant to help me with a 5 day sale in the Milwaukee area. I am not in the area. -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100110/7f742627/attachment.html From sueburen528 at me.com Tue Jan 12 14:22:25 2010 From: sueburen528 at me.com (Sue Buren) Date: Tue, 12 Jan 2010 14:22:25 -0500 Subject: [5-DayForum] 5 day consultant Message-ID: I sold our home using the 5 day method and would now like to help others do the same. For any consultants out there, would you contact me to share some do's and don'ts as I get started on this venture. Many thanks! From rlramjet at gmail.com Tue Jan 12 20:20:09 2010 From: rlramjet at gmail.com (Roger Rempert) Date: Tue, 12 Jan 2010 18:20:09 -0700 Subject: [5-DayForum] COMMERCIAL PROPERTY LEASING Message-ID: HI, MY NAME IS ROGER REMPERT, I'VE RECENTLY BOUGHT BILL'S BOOK BECAUSE MY WIFE AND I ARE HAVING A GREAT DEAL OF TROUBLE LEASING A COMMERCIAL OFFICE BUILDING ( OVER A YEAR NOW ) THAT WE OWN IN THE PHOENIX AREA . WE HAVE TRIED THE TRADITIONAL METHODS, .......NEWSPAPER ADS, LEASING AGENTS, AND RENT REDUCTIONS TO NO AVAIL........ HAS ANYONE USED BILL'S 5 DAY AUCTION METHOD TO LEASE COMMERCIAL PROPERTY?, IF SO WHAT HAS YOUR EXPERIENCE BEEN ? THANKS, ROGER REMPERT , 815 403-8701 RLRAMJET at GMAIL.COM -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100112/a5a92066/attachment.html From hsiclang at windstream.net Wed Jan 13 21:34:42 2010 From: hsiclang at windstream.net (The Langs) Date: Wed, 13 Jan 2010 21:34:42 -0500 Subject: [5-DayForum] Here we go! Message-ID: We have read Bill Effros' book with great interest and have decided to use the 5-day method to sell our house. We have two questions that we believe this forum could help us with. First, we have the opportunity to rent billboard space (!) to advertise our sale. Shouldn't be a problem, right? We're in a pretty rural area and we believe it would be money well spent. Second, we would like to conduct the sale using a sealed bid approach, leaving one week between the "public inspection" weekend and the following weekend, when the bids must be received. We then open the bids and work from the highest down. I know this is a departure from Bill's Round Robin technique, but we don't necessarily need to get the highest price - just one that covers what we owe on the house. Thoughts? Thanks for a great idea and the encouragement to do it! Rich and Barb Lang -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100113/89d912e2/attachment.html From janetislight at aol.com Wed Jan 13 23:52:02 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Wed, 13 Jan 2010 23:52:02 EST Subject: [5-DayForum] Here we go! Message-ID: <3d08b.3f128a3f.387ffcf2@aol.com> This is in exact opposition to the whole theory of the 5-day method. Sealed bids are not in your best interest. Of course you said you didn't want to get the highest price, so this would be a sure way to make that come true. As for the billboard... I don't think that could hurt your sale at all. Can you rent them for just five days? If so, seems they would charge above normal rates for monthly and beyond advertisers. How much will this cost you? I wish you the best of luck with your sale, but would hope you would stick truer to the tried and true method than putting your own spin on things. Janet In a message dated 1/13/2010 10:07:19 P.M. Central Standard Time, hsiclang at windstream.net writes: We have read Bill Effros? book with great interest and have decided to use the 5-day method to sell our house. We have two questions that we believe this forum could help us with. First, we have the opportunity to rent billboard space (!) to advertise our sale. Shouldn?t be a problem, right? We?re in a pretty rural area and we believe it would be money well spent. Second, we would like to conduct the sale using a sealed bid approach, leaving one week between the ?public inspection? weekend and the following weekend, when the bids must be received. We then open the bids and work from the highest down. I know this is a departure from Bill?s Round Robin technique, but we don?t necessarily need to get the highest price ? just one that covers what we owe on the house. Thoughts? Thanks for a great idea and the encouragement to do it! Rich and Barb Lang __________ Information from ESET Smart Security, version of virus signature database 4769 (20100113) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100113/052d2687/attachment.html From riversfamily2 at msn.com Thu Jan 14 00:07:15 2010 From: riversfamily2 at msn.com (Stacia Rivers) Date: Wed, 13 Jan 2010 23:07:15 -0600 Subject: [5-DayForum] Here we go! In-Reply-To: <3d08b.3f128a3f.387ffcf2@aol.com> References: <3d08b.3f128a3f.387ffcf2@aol.com> Message-ID: <34B39718-F3E5-4461-B475-69EB210D5121@msn.com> I'm just done with my 1st day one, so I'm no expert.... But one of my buyers was pretty anxious about how to bid. The open method was reassuring to her. I think it takes time for everyone to get comfortable with the process and open bidding helps. I also think I sold a few books today:) Stacia On Jan 13, 2010, at 10:52 PM, janetislight at aol.com wrote: > This is in exact opposition to the whole theory of the 5-day > method. Sealed bids are not in your best interest. Of course you > said you didn't want to get the highest price, so this would be a > sure way to make that come true. As for the billboard... I don't > think that could hurt your sale at all. Can you rent them for just > five days? If so, seems they would charge above normal rates for > monthly and beyond advertisers. How much will this cost you? > > I wish you the best of luck with your sale, but would hope you would > stick truer to the tried and true method than putting your own spin > on things. > > Janet > > In a message dated 1/13/2010 10:07:19 P.M. Central Standard Time, hsiclang at windstream.net > writes: > We have read Bill Effros? book with great interest and have decided > to use the 5-day method to sell our house. We have two questions th > at we believe this forum could help us with. > > > > First, we have the opportunity to rent billboard space (!) to > advertise our sale. Shouldn?t be a problem, right? We?re in a > pretty rural area and we believe it would be money well spent. > > > > Second, we would like to conduct the sale using a sealed bid > approach, leaving one week between the ?public inspection? > weekend and the following weekend, when the bids must be received. > We then open the bids and work from the highest down. I know this i > s a departure from Bill?s Round Robin technique, but we don?t > necessarily need to get the highest price ? just one that covers wha > t we owe on the house. > > > > Thoughts? > > > > Thanks for a great idea and the encouragement to do it! > > > > Rich and Barb Lang > > > > __________ Information from ESET Smart Security, version of virus > signature database 4769 (20100113) __________ > > The message was checked by ESET Smart Security. > > http://www.eset.com > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100113/22695fda/attachment.html From bill at effros.com Thu Jan 14 00:46:14 2010 From: bill at effros.com (Bill Effros) Date: Thu, 14 Jan 2010 00:46:14 -0500 Subject: [5-DayForum] Anyone in Australia In-Reply-To: <2649B0111E1148F29857177595494571@rosemarifv6onv> References: <2649B0111E1148F29857177595494571@rosemarifv6onv> Message-ID: <4B4EAFA6.5010705@effros.com> I missed this one. Yes, it's been used in Australia, but it seems to me the standard Australian home selling method is much closer to the 5-Day method than it is to the traditional US model. Bill Effros Author Rosemarie Belcher wrote: > Good luck with your sale! > Please keep us up to date on how things work for you. I don't remember > seeing an Australian entry on the forum before, so this will be exciting! > Rosemarie > > ----- Original Message ----- > *From:* Jenni Snook > *To:* 5-dayforum at mailman.howtosellyourhomein5days.com > > *Sent:* Sunday, December 06, 2009 11:50 PM > *Subject:* [5-DayForum] Anyone in Australia > > Hello 5 day forum sellers > > I was just wondering if anybody in Australia has been using this > method. > > I'm in Mackay, Queensland and am planning on starting this WEdnesday. > > Cheers > Jenni > > ------------------------------------------------------------------------ > Australia's #1 job site If It Exists, You'll Find it on SEEK > > > ------------------------------------------------------------------------ > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > ------------------------------------------------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100114/c23a8b0b/attachment.html From barrettai at aol.com Thu Jan 14 09:34:34 2010 From: barrettai at aol.com (barrettai at aol.com) Date: Thu, 14 Jan 2010 09:34:34 -0500 Subject: [5-DayForum] Looking for a consultant In-Reply-To: <002801ca920d$5313ff10$8301a8c0@RHC> References: <002801ca920d$5313ff10$8301a8c0@RHC> Message-ID: <8CC633DD34559CC-7934-1CE5B@webmail-d045.sysops.aol.com> Check out AuctionBySeller.com Kyle www.AuctionBySeller.com -----Original Message----- From: Raymond Chou To: 5-dayforum at howtosellyourhomein5days.com Sent: Sun, Jan 10, 2010 9:55 am Subject: [5-DayForum] Looking for a consultant I am looking for a consultant to help me with a 5 day salein the Milwaukeearea. I am not in the area. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum Ce -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100114/3badc600/attachment.html From barrettai at aol.com Thu Jan 14 09:58:08 2010 From: barrettai at aol.com (barrettai at aol.com) Date: Thu, 14 Jan 2010 09:58:08 -0500 Subject: [5-DayForum] Anyone in Australia In-Reply-To: <4B4EAFA6.5010705@effros.com> References: <2649B0111E1148F29857177595494571@rosemarifv6onv> <4B4EAFA6.5010705@effros.com> Message-ID: <8CC63411E1B7AB1-4AA8-FA77@webmail-m026.sysops.aol.com> Yes it is ... Australian Realtors have been auctioning off homes for decades in mainstream fashion. That is, auctioning and/or 5 Day Sale is not perceived as a distressed sales methodology there. Kyle www.AuctionBySeller.com www.AuctionByAgent.com www.AuctionByBuilder.com -----Original Message----- From: Bill Effros To: How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com> Sent: Wed, Jan 13, 2010 11:46 pm Subject: Re: [5-DayForum] Anyone in Australia I missed this one. Yes, it's been used in Australia, but it seems to me the standardAustralian home selling method is much closer to the 5-Day method thanit is to the traditional US model. Bill Effros Author Rosemarie Belcher wrote: Good luck with your sale! Please keep us up to date on how things workfor you. I don't remember seeing an Australian entry on the forumbefore, so this will be exciting! Rosemarie -----Original Message ----- From: Jenni Snook To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent:Sunday, December 06, 2009 11:50 PM Subject:[5-DayForum] Anyone in Australia Hello 5 day forum sellers I was just wondering if anybody in Australia has been using this method. I'm in Mackay, Queensland and am planning on starting this WEdnesday. Cheers Jenni Australia's #1 job site IfIt Exists, You'll Find it on SEEK _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100114/c7884c6f/attachment.html From rosemarie-fred at mindspring.com Thu Jan 14 12:35:32 2010 From: rosemarie-fred at mindspring.com (Rosemarie Belcher) Date: Thu, 14 Jan 2010 12:35:32 -0500 Subject: [5-DayForum] Here we go! References: Message-ID: The experience of those on this forum is that when folks depart from Bill's methods, the sale is a failure. Then they blame Bill!! If no one has tried what you are planning, then no one can really advise you about it. You are inventing a new system which may or may not work, rather than using a system which has worked many, many times. Why? Good luck! Rosemarie ----- Original Message ----- From: The Langs To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Wednesday, January 13, 2010 9:34 PM Subject: [5-DayForum] Here we go! We have read Bill Effros' book with great interest and have decided to use the 5-day method to sell our house. We have two questions that we believe this forum could help us with. First, we have the opportunity to rent billboard space (!) to advertise our sale. Shouldn't be a problem, right? We're in a pretty rural area and we believe it would be money well spent. Second, we would like to conduct the sale using a sealed bid approach, leaving one week between the "public inspection" weekend and the following weekend, when the bids must be received. We then open the bids and work from the highest down. I know this is a departure from Bill's Round Robin technique, but we don't necessarily need to get the highest price - just one that covers what we owe on the house. Thoughts? Thanks for a great idea and the encouragement to do it! Rich and Barb Lang __________ Information from ESET Smart Security, version of virus signature database 4769 (20100113) __________ The message was checked by ESET Smart Security. http://www.eset.com ------------------------------------------------------------------------------ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100114/60607aa6/attachment.html From bill at effros.com Thu Jan 14 13:28:24 2010 From: bill at effros.com (Bill Effros) Date: Thu, 14 Jan 2010 13:28:24 -0500 Subject: [5-DayForum] Haiti Message-ID: <4B4F6248.7000807@effros.com> The sister of the former Prime Minister of Haiti is a personal friend. She lives in Florida, her brother lives just outside Port-au-Prince, and currently has 23 people taking turns sleeping in 3 cars in the yard. Yesterday they had neither food nor water. Things look a little better today, judging from the following email: Thank you for your prayers. My brother and my nephews were able to reach their business at 5:00am today and got plenty of food and water for themselves and the family members staying with them. They are now making more trips to supply the community around their house. He told me that the people are wonderful and always give water and food first to their children, the teenagers always want to give their share to their mothers. My brother asked that money be sent to the RED CROSS which is well organized and doing a great job in Haiti. My family is in great spirit. Considering that we have about 400 members of our family in Haiti, brothers and sisters their children and grandchildren, Aunts and uncles, their children and grand children, and great grandchildren, we feel blessed that only my uncle Joe (confirmed dead) and my cousin Yves (still haven't found his body) are the only ones not with us. My brother asked us to go about our daily routine and to continue praying for Haiti, and to send whatever money we can to the RED CROSS. So I am off to the Lowe Art Museum. Love and Peace Mona -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100114/57a051ad/attachment.html From janetislight at aol.com Thu Jan 14 14:43:38 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Thu, 14 Jan 2010 14:43:38 EST Subject: [5-DayForum] Haiti Message-ID: Prayers, peace and light to your friends and all suffering loss and pain at this morning. Such a poor country as it is and nowhere to go. Thank you for posting this and giving us a direction in which we go to help. Comforting thoughts to you, Janet In a message dated 1/14/2010 12:29:28 P.M. Central Standard Time, bill at effros.com writes: The sister of the former Prime Minister of Haiti is a personal friend. She lives in Florida, her brother lives just outside Port-au-Prince, and currently has 23 people taking turns sleeping in 3 cars in the yard. Yesterday they had neither food nor water. Things look a little better today, judging from the following email: Thank you for your prayers. My brother and my nephews were able to reach their business at 5:00am today and got plenty of food and water for themselves and the family members staying with them. They are now making more trips to supply the community around their house. He told me that the people are wonderful and always give water and food first to their children, the teenagers always want to give their share to their mothers. My brother asked that money be sent to the RED CROSS which is well organized and doing a great job in Haiti. My family is in great spirit. Considering that we have about 400 members of our family in Haiti, brothers and sisters their children and grandchildren, Aunts and uncles, their children and grand children, and great grandchildren, we feel blessed that only my uncle Joe (confirmed dead) and my cousin Yves (still haven't found his body) are the only ones not with us. My brother asked us to go about our daily routine and to continue praying for Haiti, and to send whatever money we can to the RED CROSS. So I am off to the Lowe Art Museum. Love and Peace Mona _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100114/560381c4/attachment.html From bill at effros.com Thu Jan 14 14:53:25 2010 From: bill at effros.com (Bill Effros) Date: Thu, 14 Jan 2010 14:53:25 -0500 Subject: [5-DayForum] Haiti In-Reply-To: References: Message-ID: <4B4F7635.3010708@effros.com> Thanks, Janet, B. janetislight at aol.com wrote: > Prayers, peace and light to your friends and all suffering loss and > pain at this morning. Such a poor country as it is and nowhere to > go. Thank you for posting this and giving us a direction in which we > go to help. > > Comforting thoughts to you, > > Janet > > In a message dated 1/14/2010 12:29:28 P.M. Central Standard Time, > bill at effros.com writes: > > The sister of the former Prime Minister of Haiti is a personal > friend. She lives in Florida, her brother lives just outside > Port-au-Prince, and currently has 23 people taking turns sleeping > in 3 cars in the yard. Yesterday they had neither food nor > water. Things look a little better today, judging from the > following email: > > Thank you for your prayers. My brother and my nephews were able > to reach their business at 5:00am today and got plenty of food and > water for themselves and the family members staying with them. > They are now making more trips to supply the community around > their house. He told me that the people are wonderful and always > give water and food first to their children, the teenagers always > want to give their share to their mothers. > > My brother asked that money be sent to the RED CROSS which is well > organized and doing a great job in Haiti. My family is in great > spirit. Considering that we have about 400 members of our family > in Haiti, brothers and sisters their children and grandchildren, > Aunts and uncles, their children and grand children, and great > grandchildren, we feel blessed that only my uncle Joe (confirmed > dead) and my cousin Yves (still haven't found his body) are the > only ones not with us. > > My brother asked us to go about our daily routine and to continue > praying for Haiti, and to send whatever money we can to the RED > CROSS. So I am off to the Lowe Art Museum. > > Love and Peace > > Mona > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > ------------------------------------------------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100114/dbe1b1f8/attachment.html From jpanagi780 at aol.com Thu Jan 14 09:48:16 2010 From: jpanagi780 at aol.com (John) Date: Thu, 14 Jan 2010 09:48:16 -0500 Subject: [5-DayForum] 5 day consultant In-Reply-To: References: Message-ID: <8CC633FBD8C5F8F-4398-1D393@webmail-m078.sysops.aol.com> Hi Sue, My home is in adult only Del Webb Community, one person has to be 50 or older , no children , Is this a problem? I could use any help you can provide Thanks, John Panagiotis 317-514-7699 -----Original Message----- From: Sue Buren To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Tue, Jan 12, 2010 2:22 pm Subject: [5-DayForum] 5 day consultant I sold our home using the 5 day method and would now like to help others do the ame. For any consultants out there, would you contact me to share some do's and on'ts as I get started on this venture. any thanks! ______________________________________________ -DayForum mailing list -DayForum at mailman.howtosellyourhomein5days.com ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100114/1ae91535/attachment.html From rchou at urbansolutionsllc.com Thu Jan 14 12:15:59 2010 From: rchou at urbansolutionsllc.com (Raymond Chou) Date: Thu, 14 Jan 2010 11:15:59 -0600 Subject: [5-DayForum] 5 day consultant In-Reply-To: References: Message-ID: <003201ca953d$3e3e1480$fc82a8c0@RHC> Hi, I would be interested in hiring you as a consultant for a very nice house in the Milwaukee area. Thanks, Raymond Chou Cell. 312-656-2696 -----Original Message----- From: Sue Buren [mailto:sueburen528 at me.com] Sent: Tuesday, January 12, 2010 1:22 PM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: [5-DayForum] 5 day consultant I sold our home using the 5 day method and would now like to help others do the same. For any consultants out there, would you contact me to share some do's and don'ts as I get started on this venture. Many thanks! From stenney1 at austin.rr.com Thu Jan 14 14:08:08 2010 From: stenney1 at austin.rr.com (Suzanne Tenney) Date: Thu, 14 Jan 2010 13:08:08 -0600 Subject: [5-DayForum] Haiti In-Reply-To: <4B4F6248.7000807@effros.com> References: <4B4F6248.7000807@effros.com> Message-ID: Dear Bill, Thank you for sharing this email. My thoughts and prayers go out to Mona and her family as well as all of the people in Haiti. The devastation that these people are facing certainly makes me put my personal challenges into perspective, which are insignificant in comparison. Sincerely, Suzanne T _____ From: 5-dayforum-bounces+stenney1=austin.rr.com at mailman.howtosellyourhomein5days.c om [mailto:5-dayforum-bounces+stenney1=austin.rr.com at mailman.howtosellyourhomei n5days.com] On Behalf Of Bill Effros Sent: Thursday, January 14, 2010 12:28 PM To: 5-DayForum Subject: [5-DayForum] Haiti The sister of the former Prime Minister of Haiti is a personal friend. She lives in Florida, her brother lives just outside Port-au-Prince, and currently has 23 people taking turns sleeping in 3 cars in the yard. Yesterday they had neither food nor water. Things look a little better today, judging from the following email: Thank you for your prayers. My brother and my nephews were able to reach their business at 5:00am today and got plenty of food and water for themselves and the family members staying with them. They are now making more trips to supply the community around their house. He told me that the people are wonderful and always give water and food first to their children, the teenagers always want to give their share to their mothers. My brother asked that money be sent to the RED CROSS which is well organized and doing a great job in Haiti. My family is in great spirit. Considering that we have about 400 members of our family in Haiti, brothers and sisters their children and grandchildren, Aunts and uncles, their children and grand children, and great grandchildren, we feel blessed that only my uncle Joe (confirmed dead) and my cousin Yves (still haven't found his body) are the only ones not with us. My brother asked us to go about our daily routine and to continue praying for Haiti, and to send whatever money we can to the RED CROSS. So I am off to the Lowe Art Museum. Love and Peace Mona -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100114/3f7bdfaa/attachment.html From tomhoffman at live.com Thu Jan 14 19:33:16 2010 From: tomhoffman at live.com (Tom Hoffman) Date: Thu, 14 Jan 2010 17:33:16 -0700 Subject: [5-DayForum] Here we go! In-Reply-To: References: , Message-ID: Dear Rich & Barb, The billboard thing could be a good idea if the ads are similiar to the ads in the paper or as illustrated in the book. The idea of a sealed bid in my opinion is a real loser. The beauty of the 5 day sale is the transparency and all of the bidders can see they are actually bidding against real people. I believe you would have a very hard sell trying to get the bidding up. Rosemarie is right. Stick to the tried and true. Sincerely, Tom Hoffman From: rosemarie-fred at mindspring.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Date: Thu, 14 Jan 2010 12:35:32 -0500 Subject: Re: [5-DayForum] Here we go! The experience of those on this forum is that when folks depart from Bill's methods, the sale is a failure. Then they blame Bill!! If no one has tried what you are planning, then no one can really advise you about it. You are inventing a new system which may or may not work, rather than using a system which has worked many, many times. Why? Good luck! Rosemarie ----- Original Message ----- From: The Langs To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Wednesday, January 13, 2010 9:34 PM Subject: [5-DayForum] Here we go! We have read Bill Effros? book with great interest and have decided to use the 5-day method to sell our house. We have two questions that we believe this forum could help us with. First, we have the opportunity to rent billboard space (!) to advertise our sale. Shouldn?t be a problem, right? We?re in a pretty rural area and we believe it would be money well spent. Second, we would like to conduct the sale using a sealed bid approach, leaving one week between the ?public inspection? weekend and the following weekend, when the bids must be received. We then open the bids and work from the highest down. I know this is a departure from Bill?s Round Robin technique, but we don?t necessarily need to get the highest price ? just one that covers what we owe on the house. Thoughts? Thanks for a great idea and the encouragement to do it! Rich and Barb Lang __________ Information from ESET Smart Security, version of virus signature database 4769 (20100113) __________ The message was checked by ESET Smart Security. http://www.eset.com _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _________________________________________________________________ Hotmail: Trusted email with Microsoft?s powerful SPAM protection. http://clk.atdmt.com/GBL/go/196390706/direct/01/ -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100114/b8255acc/attachment.html From riverpeace at me.com Fri Jan 15 08:50:57 2010 From: riverpeace at me.com (Stacia Rivers) Date: Fri, 15 Jan 2010 07:50:57 -0600 Subject: [5-DayForum] Help Message-ID: <1BEDE8D4-5F64-431C-884B-47CE6B3A1ED1@me.com> Day 3 of my sale and I messed up my craigs list ad. I'm at 19 contacts so far, but most have been from Craigslist. 8 only by press ad. I had trouble adding postlet and deleted my ad to repost correctly. Now I can't get reposted probably because I'm flagged. I waited two days to get a reponse from the Craigs list email before attempting this reposting on my own. I waited until after the time given to repost. I sent another request for help from Craigs list, but email doesn't seem to work. I can't postpone and do this sale again. I'd have to list with an agent next week. I have family that drove hours to get here to help me with my sale. Does anyone know how to TALK with Criag's list? Other suggestions? Yikes, Stacia From Andy.Klee at ERPtips.com Fri Jan 15 09:28:53 2010 From: Andy.Klee at ERPtips.com (Andy Klee) Date: Fri, 15 Jan 2010 07:28:53 -0700 Subject: [5-DayForum] Help In-Reply-To: <1BEDE8D4-5F64-431C-884B-47CE6B3A1ED1@me.com> Message-ID: Try emailing Craig at craigslist.com. Craig Newmark actually reads his emails and responds to many of them directly. -----Original Message----- From: 5-dayforum-bounces+andy.klee=erptips.com at mailman.howtosellyourhomein5day s.com [mailto:5-dayforum-bounces+andy.klee=erptips.com at mailman.howtosellyourho mein5days.com]On Behalf Of Stacia Rivers Sent: Friday, January 15, 2010 6:51 AM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: [5-DayForum] Help Day 3 of my sale and I messed up my craigs list ad. I'm at 19 contacts so far, but most have been from Craigslist. 8 only by press ad. I had trouble adding postlet and deleted my ad to repost correctly. Now I can't get reposted probably because I'm flagged. I waited two days to get a reponse from the Craigs list email before attempting this reposting on my own. I waited until after the time given to repost. I sent another request for help from Craigs list, but email doesn't seem to work. I can't postpone and do this sale again. I'd have to list with an agent next week. I have family that drove hours to get here to help me with my sale. Does anyone know how to TALK with Criag's list? Other suggestions? Yikes, Stacia _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum From bill at effros.com Fri Jan 15 09:43:14 2010 From: bill at effros.com (Bill Effros) Date: Fri, 15 Jan 2010 09:43:14 -0500 Subject: [5-DayForum] Help In-Reply-To: <1BEDE8D4-5F64-431C-884B-47CE6B3A1ED1@me.com> References: <1BEDE8D4-5F64-431C-884B-47CE6B3A1ED1@me.com> Message-ID: <4B507F02.3030604@effros.com> Stacia, For all practical purposes it's impossible to talk to Craig's list. Clear out your old Craigslist ad. Post a brand new one, without any links or tricks of any kind. It doesn't matter if it gets in today, tomorrow, or Sunday -- it will work just as well any day, and will ensure all the real buyers show up to bid against each other. The number of responses you have already received indicates buyers think you have a realistic understanding of what your home will bring, and that you really intend to sell it to the high bidder Sunday night. Play fair and you will get the highest possible bid Sunday night. The 3 real buyers have already seen your ads. Join this list before posting again so I can clear your "moderator" flag, and you can post directly to the list without going through me. You can drop off the list or go on "vacation" (so you don't lose your posting rights) as easily as you can get on the list. I don't save the names, I don't sell them to anyone else, it's just a convenience for you, and allows you to email back and forth with all the people on the list without waiting for me to clear everything. Bill Effros Author List Administrator Stacia Rivers wrote: > Day 3 of my sale and I messed up my craigs list ad. > > I'm at 19 contacts so far, but most have been from Craigslist. 8 only by press ad. I had trouble adding postlet and deleted my ad to repost correctly. Now I can't get reposted probably because I'm flagged. I waited two days to get a reponse from the Craigs list email before attempting this reposting on my own. I waited until after the time given to repost. I sent another request for help from Craigs list, but email doesn't seem to work. I can't postpone and do this sale again. I'd have to list with an agent next week. I have family that drove hours to get here to help me with my sale. > > Does anyone know how to TALK with Criag's list? Other suggestions? > > Yikes, > > Stacia > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > From southsms at gmail.com Fri Jan 15 10:00:07 2010 From: southsms at gmail.com (susan scheifley) Date: Fri, 15 Jan 2010 10:00:07 -0500 Subject: [5-DayForum] selling as a consultant not a RE broker Message-ID: I want to obtain some clarilty about conducting 5-day sales on behalf of a property owner. The issue I'am trying to clarify is I want to be able to act as a consultant and I am not a real estate broker. I was told by a seasoned RE investor who has successfuly used the 5-Day method, that if you have an equity interest in the property that would make it legal. The investor places an option agreement on the property for a nominal fee. Feedback please Susan -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/f1b0b615/attachment.html From rosemarie-fred at mindspring.com Fri Jan 15 10:24:07 2010 From: rosemarie-fred at mindspring.com (Rosemarie Belcher) Date: Fri, 15 Jan 2010 10:24:07 -0500 Subject: [5-DayForum] selling as a consultant not a RE broker References: Message-ID: <8F94C241964047B6BAB5DC40F4F6215E@rosemarifv6onv> There has been a whole lot of discussion about this on the forum. You can access it in the archives. Unfortunately a lot of times the subject of the post does not reflect the actual topic, so you may have to do some digging. Of course, if you are going to be an expert on this that will not be a bad thing! Real estate laws differ from state to state. I have heard - here and elsewhere that if you have an equitable interest (like an option) in a property you can sell it without running up against the realtor rules, but you need to check with a broker or a lawyer in your state. It might help if we knew where you are from, so that someone from there might give you advice. Good luck! Rosemarie ----- Original Message ----- From: susan scheifley To: 5-DayForum at mailman.howtosellyourhomein5days.com Sent: Friday, January 15, 2010 10:00 AM Subject: [5-DayForum] selling as a consultant not a RE broker I want to obtain some clarilty about conducting 5-day sales on behalf of a property owner. The issue I'am trying to clarify is I want to be able to act as a consultant and I am not a real estate broker. I was told by a seasoned RE investor who has successfuly used the 5-Day method, that if you have an equity interest in the property that would make it legal. The investor places an option agreement on the property for a nominal fee. Feedback please Susan ------------------------------------------------------------------------------ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/75372635/attachment.html From seriousproperty at gmail.com Fri Jan 15 10:29:46 2010 From: seriousproperty at gmail.com (Serious Property Solutions) Date: Fri, 15 Jan 2010 10:29:46 -0500 Subject: [5-DayForum] Help In-Reply-To: <1BEDE8D4-5F64-431C-884B-47CE6B3A1ED1@me.com> References: <1BEDE8D4-5F64-431C-884B-47CE6B3A1ED1@me.com> Message-ID: The solution is quite simple! Create a new e-mail account and post your ad from that address. You won't have worry about getting flagged as the filter system won't recognize the different address. Hope this helps. Best of luck with your sale! Kate On Fri, Jan 15, 2010 at 8:50 AM, Stacia Rivers wrote: > Day 3 of my sale and I messed up my craigs list ad. > > I'm at 19 contacts so far, but most have been from Craigslist. 8 only by > press ad. I had trouble adding postlet and deleted my ad to repost > correctly. Now I can't get reposted probably because I'm flagged. I waited > two days to get a reponse from the Craigs list email before attempting this > reposting on my own. I waited until after the time given to repost. I sent > another request for help from Craigs list, but email doesn't seem to work. > I can't postpone and do this sale again. I'd have to list with an agent > next week. I have family that drove hours to get here to help me with my > sale. > > Does anyone know how to TALK with Criag's list? Other suggestions? > > Yikes, > > Stacia > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/b448c917/attachment.html From southsms at gmail.com Fri Jan 15 10:36:09 2010 From: southsms at gmail.com (susan scheifley) Date: Fri, 15 Jan 2010 10:36:09 -0500 Subject: [5-DayForum] selling as a consultant not a RE broker In-Reply-To: <8F94C241964047B6BAB5DC40F4F6215E@rosemarifv6onv> References: <8F94C241964047B6BAB5DC40F4F6215E@rosemarifv6onv> Message-ID: I am looking to do business in South carolina and possibly North Carolina. Susan On Fri, Jan 15, 2010 at 10:24 AM, Rosemarie Belcher < rosemarie-fred at mindspring.com> wrote: > There has been a whole lot of discussion about this on the forum. You can > access it in the archives. Unfortunately a lot of times the subject of the > post does not reflect the actual topic, so you may have to do some digging. > Of course, if you are going to be an expert on this that will not be a bad > thing! > Real estate laws differ from state to state. I have heard - here and > elsewhere that if you have an equitable interest (like an option) in a > property you can sell it without running up against the realtor rules, but > you need to check with a broker or a lawyer in your state. It might help if > we knew where you are from, so that someone from there might give you > advice. > Good luck! > Rosemarie > > ----- Original Message ----- > *From:* susan scheifley > *To:* 5-DayForum at mailman.howtosellyourhomein5days.com > *Sent:* Friday, January 15, 2010 10:00 AM > *Subject:* [5-DayForum] selling as a consultant not a RE broker > > I want to obtain some clarilty about conducting 5-day sales on behalf of a > property owner. The issue I'am trying to clarify is I want to be able to act > as a consultant and I am not a real estate broker. I was told by a seasoned > RE investor who has successfuly used the 5-Day method, that if you have an > equity interest in the property that would make it legal. The investor > places an option agreement on the property for a nominal fee. Feedback > please > Susan > > ------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/b119a890/attachment.html From rosemarie-fred at mindspring.com Fri Jan 15 10:41:45 2010 From: rosemarie-fred at mindspring.com (Rosemarie Belcher) Date: Fri, 15 Jan 2010 10:41:45 -0500 Subject: [5-DayForum] Help References: <1BEDE8D4-5F64-431C-884B-47CE6B3A1ED1@me.com> Message-ID: <02A5BD4CC276470FB6D450AE1693ECC8@rosemarifv6onv> Being aware that if you don't have 25 responses that your sale will probably not work, and understanding that this is an emergency for you, I would suggest signs. You can buy corrugated sign material and H-brackets quite cheaply, and big markers. Put very little on there - people can't read details while driving. Maybe, for example, "4 bedrooms, $49,900" and a big arrow. Put them up early Saturday morning on all the roads coming in to the house. Make them all the same so people will be following a trail. Put the last one in front of the house. Maybe that one should be a replica of the print ad, so people will know before they come that there is a bidding process. I wish you the best - let us know! Rosemarie ----- Original Message ----- From: "Stacia Rivers" To: <5-dayforum at mailman.howtosellyourhomein5days.com> Sent: Friday, January 15, 2010 8:50 AM Subject: [5-DayForum] Help > Day 3 of my sale and I messed up my craigs list ad. > > I'm at 19 contacts so far, but most have been from Craigslist. 8 only by > press ad. I had trouble adding postlet and deleted my ad to repost > correctly. Now I can't get reposted probably because I'm flagged. I > waited two days to get a reponse from the Craigs list email before > attempting this reposting on my own. I waited until after the time given > to repost. I sent another request for help from Craigs list, but email > doesn't seem to work. I can't postpone and do this sale again. I'd have > to list with an agent next week. I have family that drove hours to get > here to help me with my sale. > > Does anyone know how to TALK with Criag's list? Other suggestions? > > Yikes, > > Stacia > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > From janetislight at aol.com Fri Jan 15 12:01:52 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Fri, 15 Jan 2010 12:01:52 EST Subject: [5-DayForum] selling as a consultant not a RE broker Message-ID: <2325f.74a7559b.3881f980@aol.com> That's the way to do it! Best of Luck!!! Janet In a message dated 1/15/2010 9:01:05 A.M. Central Standard Time, southsms at gmail.com writes: I want to obtain some clarilty about conducting 5-day sales on behalf of a property owner. The issue I'am trying to clarify is I want to be able to act as a consultant and I am not a real estate broker. I was told by a seasoned RE investor who has successfuly used the 5-Day method, that if you have an equity interest in the property that would make it legal. The investor places an option agreement on the property for a nominal fee. Feedback please Susan _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/5a748a96/attachment.html From gerrycox at peoplepc.com Fri Jan 15 11:13:43 2010 From: gerrycox at peoplepc.com (Gerry Cox) Date: Fri, 15 Jan 2010 10:13:43 -0600 Subject: [5-DayForum] selling as a consultant not a RE broker In-Reply-To: <8F94C241964047B6BAB5DC40F4F6215E@rosemarifv6onv> References: <8F94C241964047B6BAB5DC40F4F6215E@rosemarifv6onv> Message-ID: <001201ca95fd$b5b73df0$2125b9d0$@com> On the same note, some people do a 5-day sale with a buy contract with a Termination Option. When a buyer is found, the contract is assigned to the buyer. Assignments are done by investors all the time and there's no discussion about equitable interest or needing to be an agent. Can anyone clarify? Thanks! Gerry From: 5-dayforum-bounces+gerrycox=peoplepc.com at mailman.howtosellyourhomein5days.co m [mailto:5-dayforum-bounces+gerrycox=peoplepc.com at mailman.howtosellyourhomein 5days.com] On Behalf Of Rosemarie Belcher Sent: Friday, January 15, 2010 9:24 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] selling as a consultant not a RE broker There has been a whole lot of discussion about this on the forum. You can access it in the archives. Unfortunately a lot of times the subject of the post does not reflect the actual topic, so you may have to do some digging. Of course, if you are going to be an expert on this that will not be a bad thing! Real estate laws differ from state to state. I have heard - here and elsewhere that if you have an equitable interest (like an option) in a property you can sell it without running up against the realtor rules, but you need to check with a broker or a lawyer in your state. It might help if we knew where you are from, so that someone from there might give you advice. Good luck! Rosemarie ----- Original Message ----- From: susan scheifley To: 5-DayForum at mailman.howtosellyourhomein5days.com Sent: Friday, January 15, 2010 10:00 AM Subject: [5-DayForum] selling as a consultant not a RE broker I want to obtain some clarilty about conducting 5-day sales on behalf of a property owner. The issue I'am trying to clarify is I want to be able to act as a consultant and I am not a real estate broker. I was told by a seasoned RE investor who has successfuly used the 5-Day method, that if you have an equity interest in the property that would make it legal. The investor places an option agreement on the property for a nominal fee. Feedback please Susan _____ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/2de29c5f/attachment.html From pkreader at earthlink.net Fri Jan 15 15:00:51 2010 From: pkreader at earthlink.net (Paul Kreader) Date: Fri, 15 Jan 2010 15:00:51 -0500 Subject: [5-DayForum] Strength of auction sales price relative to appraisal / "worth" Message-ID: <008601ca961d$7fa83af0$7ef8b0d0$@net> Greetings I had been currently studying up on the 5 day auction process in order to auction my home in a few weeks. Independent of this, after many months of traditional marketing I have received an offer and am in negotiations, but am reluctant to give too much on price especially considering the prospects of a strong sales price via a 5 day auction. The price on the table is 10% below appraisal. It has been duly noted that one will get 100% of the property's worth via the auction. Can those who have sold their home via the auction comment on the strength of this statement in the current sales climate? Auctioning sellers are consistently seeing 100% of appraised value (assuming appraisal is valid)? Thank you kindly for your input. Paul -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/176914b5/attachment.html From jamesfleming.realestate at gmail.com Fri Jan 15 15:58:53 2010 From: jamesfleming.realestate at gmail.com (James Fleming) Date: Fri, 15 Jan 2010 12:58:53 -0800 Subject: [5-DayForum] Strength of auction sales price relative to appraisal/ "worth" In-Reply-To: <008601ca961d$7fa83af0$7ef8b0d0$@net> References: <008601ca961d$7fa83af0$7ef8b0d0$@net> Message-ID: <697DEC806A9849499E37F0E9268E655B@JIMBIZ> Paul, The 5-Day Method will generate offers from the people who happen to be in the market for a home like yours, on the week that you conduct the 5-day sale, who happen to see your advertising that week, who happen to be available to bid that weekend, and who like your house enough to participate in the round robin. The price you generate will be the best that can be garnered from that very small group of people that weekend. To think that you are likely to get the true market value for your house from such a small sampling of the buyer population in such a small window of time is pure wishful thinking - particularly in this economy. You are likely to be disappointed if that is your overriding goal. You may not be, but you are likely to be. On the other hand, if your goal is to sell in 5 days, and you are a man of your word and will offer the house to the highest bidder no matter what the high bid is, there isn't a better system anywhere. You cannot fail if that is your standard. When the market was going up up up 3 to 4 years ago, this method achieved both goals - sales were fast and bids were market value and above. The method is still unmatched when you need to sell fast, but the prices it achieves are all over the board. In your case, you have an offer that is 10% below your appraisal. You didn't mention how old that appraisal is, but if it is 60 days old or older, it is probably in need of updating. Either way, if I were in your situation, I would let your buyers know that you are considering an auction. Give them the opportunity to pre-empt the auction by giving you their highest and best offer. They may surprise you. But even if they don't, you have a bird in the hand.. Best of luck, and congrats for getting an excellent offer in this down market. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of Paul Kreader Sent: Friday, January 15, 2010 12:01 PM To: 5-dayforum at mailman.howtosellyourhomein5days.com; 5-dayforum at mailman.howtosellyourhomein5days.com; 5-dayforum at mailman.howtosellyourhomein5days.com; 5-dayforum at mailman.howtosellyourhomein5days.com; 5-dayforum at mailman.howtosellyourhomein5days.com Subject: [5-DayForum] Strength of auction sales price relative to appraisal/ "worth" Greetings I had been currently studying up on the 5 day auction process in order to auction my home in a few weeks. Independent of this, after many months of traditional marketing I have received an offer and am in negotiations, but am reluctant to give too much on price especially considering the prospects of a strong sales price via a 5 day auction. The price on the table is 10% below appraisal. It has been duly noted that one will get 100% of the property's worth via the auction. Can those who have sold their home via the auction comment on the strength of this statement in the current sales climate? Auctioning sellers are consistently seeing 100% of appraised value (assuming appraisal is valid)? Thank you kindly for your input. Paul -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/a5dbe21d/attachment.html From lbicon at aol.com Fri Jan 15 16:22:06 2010 From: lbicon at aol.com (lbicon at aol.com) Date: Fri, 15 Jan 2010 16:22:06 -0500 Subject: [5-DayForum] Strength of auction sales price relative to appraisal/ "worth" In-Reply-To: <697DEC806A9849499E37F0E9268E655B@JIMBIZ> References: <008601ca961d$7fa83af0$7ef8b0d0$@net> <697DEC806A9849499E37F0E9268E655B@JIMBIZ> Message-ID: <8CC643FEB053EA0-33F8-9286@webmail-m034.sysops.aol.com> Hi James, Great imput. Paul, Here are my two cents. I have completed a ton of these sales since 2004. 1. An appraisal is usually the BEST case scenario for pricing on a property. An offer within 10% appraisal in this market is fair. What was the purpose of the appraisal? I could have 5 appraisers appraise a property in a given week and have the appraisal come in with a 5-10% variation from the appraiser. Especially in a neighborhhod that is not a tract or cookie cutter. 2. Home sales are always a function of market time and exposure. Since the 5 day method is set up to create a sense of urgency in buyers, you will get the highest offer that you could expect from the amount of exposure that the property gets that weekend. Most successful sellers using the method in this market have a realistic expectation about what the home will sell for. Best of Luck, Conrad Kuiken - Investor, Realtor, Loan Officer -----Original Message----- From: James Fleming To: 'How To Sell Your Home in 5-Days' <5-dayforum at mailman.howtosellyourhomein5days.com> Sent: Fri, Jan 15, 2010 12:58 pm Subject: Re: [5-DayForum] Strength of auction sales price relative to appraisal/ "worth" Paul, The 5-Day Method will generate offers from the people who happen to be in the market for a home like yours, on the week that you conduct the 5-day sale, who happen to see your advertising that week, who happen to be available to bid that weekend, and who like your house enough to participate in the round robin. The price you generate will be the best that can be garnered from that very small group of people that weekend. To think that you are likely to get the true market value for your house from such a small sampling of the buyer population in such a small window of time is pure wishful thinking ? particularly in this economy. You are likely to be disappointed if that is your overriding goal. You may not be, but you are likely to be. On the other hand, if your goal is to sell in 5 days, and you are a man of your word and will offer the house to the highest bidder no matter what the high bid is, there isn?t a better system anywhere. You cannot fail if that is your standard. When the market was going up up up 3 to 4 years ago, this method achieved both goals ? sales were fast and bids were market value and above. The method is still unmatched when you need to sell fast, but the prices it achieves are all over the board. In your case, you have an offer that is 10% below your appraisal. You didn?t mention how old that appraisal is, but if it is 60 days old or older, it is probably in need of updating. Either way, if I were in your situation, I would let your buyers know that you are considering an auction. Give them the opportunity to pre-empt the auction by giving you their highest and best offer. They may surprise you. But even if they don?t, you have a bird in the hand?. Best of luck, and congrats for getting an excellent offer in this down market. Jim F ? Realtor Vancouver WA From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Paul Kreader Sent: Friday, January 15, 2010 12:01 PM To: 5-dayforum at mailman.howtosellyourhomein5days.com; 5-dayforum at mailman.howtosellyourhomein5days.com; 5-dayforum at mailman.howtosellyourhomein5days.com; 5-dayforum at mailman.howtosellyourhomein5days.com; 5-dayforum at mailman.howtosellyourhomein5days.com Subject: [5-DayForum] Strength of auction sales price relative to appraisal/ "worth" Greetings I had been currently studying up on the 5 day auction process in order to auction my home in a few weeks. Independent of this, after many months of traditional marketing I have received an offer and am in negotiations, but am reluctant to give too much on price especially considering the prospects of a strong sales price via a 5 day auction. The price on the table is 10% below appraisal. It has been duly noted that one will get 100% of the property?s worth via the auction. Can those who have sold their home via the auction comment on the strength of this statement in the current sales climate? Auctioning sellers are consistently seeing 100% of appraised value (assuming appraisal is valid)? Thank you kindly for your input. Paul _______________________________________________ -DayForum mailing list -DayForum at mailman.howtosellyourhomein5days.com ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/57dc98ad/attachment.html From rosemarie-fred at mindspring.com Fri Jan 15 17:12:31 2010 From: rosemarie-fred at mindspring.com (Rosemarie Belcher) Date: Fri, 15 Jan 2010 17:12:31 -0500 Subject: [5-DayForum] Strength of auction sales price relative to appraisal/ "worth" References: <008601ca961d$7fa83af0$7ef8b0d0$@net> Message-ID: <4266DB9B53FD46CEA052B280E11AA41E@rosemarifv6onv> Did the book say you would get 100% of the property's worth? Where did you find that? Some thoughts for you: Most people doing a 5-day sale are disappointed in the price they get - even more so in the current market. Most buyers probably get a bargain and most sellers are relieved to sell their property for something close to the mortgage amount. "Auction" is not a word we use much. In some states you need a license to hold an auction, and this is simply a marketing system. Much prefer you call it a 5-day sale. My advice is - a bird in the hand is worth two in the bush. Take the offer you have and be grateful. Imagine how you would feel if you turn that offer down, then don't get as good an offer at your 5-day sale. Good luck Rosemarie ----- Original Message ----- From: Paul Kreader To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Friday, January 15, 2010 3:00 PM Subject: [5-DayForum] Strength of auction sales price relative to appraisal/ "worth" Greetings I had been currently studying up on the 5 day auction process in order to auction my home in a few weeks. Independent of this, after many months of traditional marketing I have received an offer and am in negotiations, but am reluctant to give too much on price especially considering the prospects of a strong sales price via a 5 day auction. The price on the table is 10% below appraisal. It has been duly noted that one will get 100% of the property's worth via the auction. Can those who have sold their home via the auction comment on the strength of this statement in the current sales climate? Auctioning sellers are consistently seeing 100% of appraised value (assuming appraisal is valid)? Thank you kindly for your input. Paul ------------------------------------------------------------------------------ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/37fac56d/attachment.html From janetislight at aol.com Fri Jan 15 19:16:58 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Fri, 15 Jan 2010 19:16:58 EST Subject: [5-DayForum] Strength of auction sales price relative to appraisal/ "wort Message-ID: <2f653.7025fd9c.38825f7a@aol.com> Both of you, very good input. I say what they say. LOL Janet In a message dated 1/15/2010 3:23:18 P.M. Central Standard Time, lbicon at aol.com writes: Hi James, Great imput. Paul, Here are my two cents. I have completed a ton of these sales since 2004. 1. An appraisal is usually the BEST case scenario for pricing on a property. An offer within 10% appraisal in this market is fair. What was the purpose of the appraisal? I could have 5 appraisers appraise a property in a given week and have the appraisal come in with a 5-10% variation from the appraiser. Especially in a neighborhhod that is not a tract or cookie cutter. 2. Home sales are always a function of market time and exposure. Since the 5 day method is set up to create a sense of urgency in buyers, you will get the highest offer that you could expect from the amount of exposure that the property gets that weekend. Most successful sellers using the method in this market have a realistic expectation about what the home will sell for. Best of Luck, Conrad Kuiken - Investor, Realtor, Loan Officer -----Original Message----- From: James Fleming To: 'How To Sell Your Home in 5-Days' <5-dayforum at mailman.howtosellyourhomein5days.com> Sent: Fri, Jan 15, 2010 12:58 pm Subject: Re: [5-DayForum] Strength of auction sales price relative to appraisal/ "worth" Paul, The 5-Day Method will generate offers from the people who happen to be in the market for a home like yours, on the week that you conduct the 5-day sale, who happen to see your advertising that week, who happen to be available to bid that weekend, and who like your house enough to participate in the round robin. The price you generate will be the best that can be garnered from that very small group of people that weekend. To think that you are likely to get the true market value for your house from such a small sampling of the buyer population in such a small window of time is pure wishful thinking ? particularly in this economy. You are likely to be disappointed if that is your overriding goal. You may not be, but you are likely to be. On the other hand, if your goal is to sell in 5 days, and you are a man of your word and will offer the house to the highest bidder no matter what the high bid is, there isn?t a better system anywhere. You cannot fail if that is your standard. When the market was going up up up 3 to 4 years ago, this method achieved both goals ? sales were fast and bids were market value and above. The method is still unmatched when you need to sell fast, but the prices it achieves are all over the board. In your case, you have an offer that is 10% below your appraisal. You didn?t mention how old that appraisal is, but if it is 60 days old or older, it is probably in need of updating. Either way, if I were in your situation, I would let your buyers know that you are considering an auction. Give them the opportunity to pre-empt the auction by giving you their highest and best offer. They may surprise you. But even if they don?t, you have a bird in the hand?. Best of luck, and congrats for getting an excellent offer in this down market. Jim F ? Realtor Vancouver WA ____________________________________ From: 5-dayforum-bounces+jamesfleming.realestate=_gmail.com at mailm an.howtosellyourhomein5days.com_ (mailto:gmail.com at mailman.howtosellyourhomein5days.com) [_mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com?) ] On Behalf Of Paul Kreader Sent: Friday, January 15, 2010 12:01 PM To: _5-dayforum at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum at mailman.howtosellyourhomein5days.com) ; _5-dayforum at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum at mailman.howtosellyourhomein5days.com) ; _5-dayforum at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum at mailman.howtosellyourhomein5days.com) ; _5-dayforum at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum at mailman.howtosellyourhomein5days.com) ; _5-dayforum at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum at mailman.howtosellyourhomein5days.com) Subject: [5-DayForum] Strength of auction sales price relative to appraisal/ "worth" Greetings I had been currently studying up on the 5 day auction process in order to auction my home in a few weeks. Independent of this, after many months of traditional marketing I have received an offer and am in negotiations, but am reluctant to give too much on price especially considering the prospects of a strong sales price via a 5 day auction. The price on the table is 10% below appraisal. It has been duly noted that one will get 100% of the property?s worth via the auction. Can those who have sold their home via the auction comment on the strength of this statement in the current sales climate? Auctioning sellers are consistently seeing 100% of appraised value (assuming appraisal is valid)? Thank you kindly for your input. Paul _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum_ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/aa13cf50/attachment.html From bluelightinvestments at gmail.com Fri Jan 15 19:18:44 2010 From: bluelightinvestments at gmail.com (Short Sale Experts) Date: Fri, 15 Jan 2010 19:18:44 -0500 Subject: [5-DayForum] Strength of auction sales price relative to appraisal/ "wort In-Reply-To: <2f653.7025fd9c.38825f7a@aol.com> References: <2f653.7025fd9c.38825f7a@aol.com> Message-ID: <4ba0de751001151618h51afac54n76c64547f827862b@mail.gmail.com> unsubscribe me please On Fri, Jan 15, 2010 at 7:16 PM, wrote: > Both of you, very good input. I say what they say. LOL > > Janet > > In a message dated 1/15/2010 3:23:18 P.M. Central Standard Time, > lbicon at aol.com writes: > > Hi James, > > Great imput. > > Paul, > Here are my two cents. I have completed a ton of these sales since 2004. > 1. An appraisal is usually the BEST case scenario for pricing on a > property. An offer within 10% appraisal in this market is fair. What was the > purpose of the appraisal? I could have 5 appraisers appraise a property in a > given week and have the appraisal come in with a 5-10% variation from the > appraiser. Especially in a neighborhhod that is not a tract or cookie > cutter. > 2. Home sales are always a function of market time and exposure. Since the > 5 day method is set up to create a sense of urgency in buyers, you will get > the highest offer that you could expect from the amount of exposure that the > property gets that weekend. Most successful sellers using the method in this > market have a realistic expectation about what the home will sell for. > > Best of Luck, > > Conrad Kuiken - Investor, Realtor, Loan Officer > > > > > > > -----Original Message----- > From: James Fleming > To: 'How To Sell Your Home in 5-Days' < > 5-dayforum at mailman.howtosellyourhomein5days.com> > Sent: Fri, Jan 15, 2010 12:58 pm > Subject: Re: [5-DayForum] Strength of auction sales price relative to > appraisal/ "worth" > > Paul, > > The 5-Day Method will generate offers from the people who happen to be in > the market for a home like yours, on the week that you conduct the 5-day > sale, who happen to see your advertising that week, who happen to be > available to bid that weekend, and who like your house enough to participate > in the round robin. The price you generate will be the best that can be > garnered from that very small group of people that weekend. To think that > you are likely to get the true market value for your house from such a small > sampling of the buyer population in such a small window of time is pure > wishful thinking ? particularly in this economy. You are likely to be > disappointed if that is your overriding goal. You may not be, but you are > likely to be. On the other hand, if your goal is to sell in 5 days, and you > are a man of your word and will offer the house to the highest bidder no > matter what the high bid is, there isn?t a better system anywhere. You > cannot fail if that is your standard. > > When the market was going up up up 3 to 4 years ago, this method achieved > both goals ? sales were fast and bids were market value and above. The > method is still unmatched when you need to sell fast, but the prices it > achieves are all over the board. In your case, you have an offer that is > 10% below your appraisal. You didn?t mention how old that appraisal is, but > if it is 60 days old or older, it is probably in need of updating. Either > way, if I were in your situation, I would let your buyers know that you are > considering an auction. Give them the opportunity to pre-empt the auction > by giving you their highest and best offer. They may surprise you. But > even if they don?t, you have a bird in the hand?. > > Best of luck, and congrats for getting an excellent offer in this down > market. > > Jim F ? Realtor > Vancouver WA > ** > > ------------------------------ > *From:* 5-dayforum-bounces+jamesfleming.realestate= > gmail.com at mailman.howtosellyourhomein5days.com [ > mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com<5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com?>] > *On Behalf Of *Paul Kreader > *Sent:* Friday, January 15, 2010 12:01 PM > *To:* 5-dayforum at mailman.howtosellyourhomein5days.com; > 5-dayforum at mailman.howtosellyourhomein5days.com; > 5-dayforum at mailman.howtosellyourhomein5days.com; > 5-dayforum at mailman.howtosellyourhomein5days.com; > 5-dayforum at mailman.howtosellyourhomein5days.com > *Subject:* [5-DayForum] Strength of auction sales price relative to > appraisal/ "worth" > > Greetings > > I had been currently studying up on the 5 day auction process in order to > auction my home in a few weeks. > Independent of this, after many months of traditional marketing I have > received an offer and am in negotiations, but am reluctant to give too much > on price especially considering the prospects of a strong sales price via a > 5 day auction. The price on the table is 10% below appraisal. > > It has been duly noted that one will get 100% of the property?s worth via > the auction. Can those who have sold their home via the auction comment on > the strength of this statement in the current sales climate? Auctioning > sellers are consistently seeing 100% of appraised value (assuming appraisal > is valid)? > > Thank you kindly for your input. > > Paul > > _______________________________________________ > 5-DayForum mailing list5-DayForum at mailman.howtosellyourhomein5days.comhttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > -- Dennis Roembke Blue Light Investments, LLC O: 317-641-8405 C: 317-514-6196 F: 317-244-7321 -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/d88a037b/attachment.html From jpanagi780 at aol.com Fri Jan 15 20:14:56 2010 From: jpanagi780 at aol.com (John) Date: Fri, 15 Jan 2010 20:14:56 -0500 Subject: [5-DayForum] Strength of auction sales price relative to appraisal/ "wort In-Reply-To: <4ba0de751001151618h51afac54n76c64547f827862b@mail.gmail.com> References: <2f653.7025fd9c.38825f7a@aol.com> <4ba0de751001151618h51afac54n76c64547f827862b@mail.gmail.com> Message-ID: <8CC646072E9AD46-1494-BE86@webmail-m066.sysops.aol.com> unsubscribe me please. Thx -----Original Message----- From: Short Sale Experts To: How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com> Sent: Fri, Jan 15, 2010 7:18 pm Subject: Re: [5-DayForum] Strength of auction sales price relative to appraisal/ "wort unsubscribe me please On Fri, Jan 15, 2010 at 7:16 PM, wrote: Both of you, very good input. I say what they say. LOL Janet In a message dated 1/15/2010 3:23:18 P.M. Central Standard Time, lbicon at aol.com writes: Hi James, Great imput. Paul, Here are my two cents. I have completed a ton of these sales since 2004. 1. An appraisal is usually the BEST case scenario for pricing on a property. An offer within 10% appraisal in this market is fair. What was the purpose of the appraisal? I could have 5 appraisers appraise a property in a given week and have the appraisal come in with a 5-10% variation from the appraiser. Especially in a neighborhhod that is not a tract or cookie cutter. 2. Home sales are always a function of market time and exposure. Since the 5 day method is set up to create a sense of urgency in buyers, you will get the highest offer that you could expect from the amount of exposure that the property gets that weekend. Most successful sellers using the method in this market have a realistic expectation about what the home will sell for. Best of Luck, Conrad Kuiken - Investor, Realtor, Loan Officer -----Original Message----- From: James Fleming To: 'How To Sell Your Home in 5-Days' <5-dayforum at mailman.howtosellyourhomein5days.com> Sent: Fri, Jan 15, 2010 12:58 pm Subject: Re: [5-DayForum] Strength of auction sales price relative to appraisal/ "worth" Paul, The 5-Day Method will generate offers from the people who happen to be in the market for a home like yours, on the week that you conduct the 5-day sale, who happen to see your advertising that week, who happen to be available to bid that weekend, and who like your house enough to participate in the round robin. The price you generate will be the best that can be garnered from that very small group of people that weekend. To think that you are likely to get the true market value for your house from such a small sampling of the buyer population in such a small window of time is pure wishful thinking ? particularly in this economy. You are likely to be disappointed if that is your overriding goal. You may not be, but you are likely to be. On the other hand, if your goal is to sell in 5 days, and you are a man of your word and will offer the house to the highest bidder no matter what the high bid is, there isn?t a better system anywhere. You cannot fail if that is your standard. When the market was going up up up 3 to 4 years ago, this method achieved both goals ? sales were fast and bids were market value and above. The method is still unmatched when you need to sell fast, but the prices it achieves are all over the board. In your case, you have an offer that is 10% below your appraisal. You didn?t mention how old that appraisal is, but if it is 60 days old or older, it is probably in need of updating. Either way, if I were in your situation, I would let your buyers know that you are considering an auction. Give them the opportunity to pre-empt the auction by giving you their highest and best offer. They may surprise you. But even if they don?t, you have a bird in the hand?. Best of luck, and congrats for getting an excellent offer in this down market. Jim F ? Realtor Vancouver WA From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Paul Kreader Sent: Friday, January 15, 2010 12:01 PM To: 5-dayforum at mailman.howtosellyourhomein5days.com; 5-dayforum at mailman.howtosellyourhomein5days.com; 5-dayforum at mailman.howtosellyourhomein5days.com; 5-dayforum at mailman.howtosellyourhomein5days.com; 5-dayforum at mailman.howtosellyourhomein5days.com Subject: [5-DayForum] Strength of auction sales price relative to appraisal/ "worth" Greetings I had been currently studying up on the 5 day auction process in order to auction my home in a few weeks. Independent of this, after many months of traditional marketing I have received an offer and am in negotiations, but am reluctant to give too much on price especially considering the prospects of a strong sales price via a 5 day auction. The price on the table is 10% below appraisal. It has been duly noted that one will get 100% of the property?s worth via the auction. Can those who have sold their home via the auction comment on the strength of this statement in the current sales climate? Auctioning sellers are consistently seeing 100% of appraised value (assuming appraisal is valid)? Thank you kindly for your input. Paul _______________________________________________ -DayForum mailing list -DayForum at mailman.howtosellyourhomein5days.com ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -- Dennis Roembke Blue Light Investments, LLC O: 317-641-8405 C: 317-514-6196 F: 317-244-7321 _______________________________________________ -DayForum mailing list -DayForum at mailman.howtosellyourhomein5days.com ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/86804b30/attachment.html From bill at effros.com Fri Jan 15 20:26:03 2010 From: bill at effros.com (Bill Effros) Date: Fri, 15 Jan 2010 20:26:03 -0500 Subject: [5-DayForum] How to Unsubscribe In-Reply-To: <4424efe20901240127r1ba45164h70553f4a8513c3d@mail.gmail.com> References: <4424efe20901240127r1ba45164h70553f4a8513c3d@mail.gmail.com> Message-ID: <4B5115AB.4060901@effros.com> 25 to 30 people a day subscribe and unsubscribe. If you are having a problem, it is probably on your own computer. The confirmation notice is probably going into your junk, trash or spam folder. Without confirmation that you are you, and that you wish to be subscribed or unsubscribed, the Forum gets spammed by people who aren't you, phishing for information about you that we never release. When you want to unsubscribe from the 5-Day Forum you must do it for yourself. It is the reverse of the process you used to subscribe: 1. Go to the 5-DayForum website: www.5-DayForum.com 2. Click on the blue word "unsubscribe" on the left side of the home page. 3. Fill in the email address of your subscription in the box provided. 4. Follow the instructions. Bill Effros List Administrator From jeff at brown.name Sat Jan 16 01:09:54 2010 From: jeff at brown.name (Jeff Brown) Date: Fri, 15 Jan 2010 22:09:54 -0800 (PST) Subject: [5-DayForum] Acting as a "Pricing Consultant" Message-ID: <513611.83110.qm@web82508.mail.mud.yahoo.com> I understand the implications of acting as a broker if this is done for someone else. Yes, the possibility also exists to enter into an "option contract" with seller to provide this service, but how about this idea? Be a "Pricing Consultant" for the FSBO. Bill even breaks-down the process in the book that during the bidding we are not concerned with any distractions like qualifying, selling, etc. We are simply trying to help the seller arrive at a Fair Market Value for their home in the "free market conditions" we create with the Silent Auction. So once we have done that at the end of the 5-days, we have achieved our objective of finding seller his FMV. We haven't actually sold the home. The highest bidder will be turned over to the seller for him to contact and work out the details of the sale, go to contract, etc. Our job is done after the FMV is reached at day 5. Our fee should be a very reasonable flat-fee and paid by seller at the end of the 5th day. Any thoughts from anyone here? I may seek some legal counsel as to how to set this up. I live in Texas. I'm not licensed and don't believe this would require a RE license. In today's market, looks like this could be a good little business to help sellers. Win/Win. Comments? Thanks. Jeff -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100115/89df6ff7/attachment.html From riversfamily2 at msn.com Sat Jan 16 09:02:55 2010 From: riversfamily2 at msn.com (Stacia Rivers) Date: Sat, 16 Jan 2010 08:02:55 -0600 Subject: [5-DayForum] Help In-Reply-To: <02A5BD4CC276470FB6D450AE1693ECC8@rosemarifv6onv> References: <1BEDE8D4-5F64-431C-884B-47CE6B3A1ED1@me.com> <02A5BD4CC276470FB6D450AE1693ECC8@rosemarifv6onv> Message-ID: <399F9520-D42E-4F8E-A125-9D59F6C40E59@msn.com> Hi all. The suggestion to send my issue to Craig directly was spot on! In fact someone must have forwarded it to him, because he actually emailed me and my ad was restored within minutes! Way to go forum! In the end, though my numbers waned in the process with only 2 responding on day 3 despite the fact I done some additional advertising beginning Friday. I cancelled my sale. I had needed 6 to go forward. At least my house looks spiffy now! I looked at this method seriously from a time is money standpoint. I had a clear view of what's worst case scenario would be using a realtor and was prepared for a big concession to close a deal quickly to move on. I'm glad I did this, but I am also glad I was able to exit gracefully. Thanks to all who jumped in with suggestions for me. I'm not much of a blogger, but this forum (and mom's help cleaning my house) was the highlight! Best Regards, Stacia On Jan 15, 2010, at 9:41 AM, "Rosemarie Belcher" wrote: > Being aware that if you don't have 25 responses that your sale will > probably > not work, and understanding that this is an emergency for you, I would > suggest signs. You can buy corrugated sign material and H-brackets > quite > cheaply, and big markers. Put very little on there - people can't read > details while driving. Maybe, for example, "4 bedrooms, $49,900" > and a big > arrow. Put them up early Saturday morning on all the roads coming in > to the > house. Make them all the same so people will be following a trail. > Put the > last one in front of the house. Maybe that one should be a replica > of the > print ad, so people will know before they come that there is a bidding > process. > I wish you the best - let us know! > Rosemarie > > ----- Original Message ----- > From: "Stacia Rivers" > To: <5-dayforum at mailman.howtosellyourhomein5days.com> > Sent: Friday, January 15, 2010 8:50 AM > Subject: [5-DayForum] Help > > >> Day 3 of my sale and I messed up my craigs list ad. >> >> I'm at 19 contacts so far, but most have been from Craigslist. 8 >> only by >> press ad. I had trouble adding postlet and deleted my ad to repost >> correctly. Now I can't get reposted probably because I'm flagged. I >> waited two days to get a reponse from the Craigs list email before >> attempting this reposting on my own. I waited until after the time >> given >> to repost. I sent another request for help from Craigs list, but >> email >> doesn't seem to work. I can't postpone and do this sale again. >> I'd have >> to list with an agent next week. I have family that drove hours to >> get >> here to help me with my sale. >> >> Does anyone know how to TALK with Criag's list? Other suggestions? >> >> Yikes, >> >> Stacia >> _______________________________________________ >> 5-DayForum mailing list >> 5-DayForum at mailman.howtosellyourhomein5days.com >> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum >> > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > From damian_colden at yahoo.com Sat Jan 16 12:49:50 2010 From: damian_colden at yahoo.com (Damian Colden) Date: Sat, 16 Jan 2010 09:49:50 -0800 (PST) Subject: [5-DayForum] Acting as a "Pricing Consultant" In-Reply-To: <513611.83110.qm@web82508.mail.mud.yahoo.com> References: <513611.83110.qm@web82508.mail.mud.yahoo.com> Message-ID: <636756.94621.qm@web53103.mail.re2.yahoo.com> Check it out very carefully. In many States, regardless of who handles the transaction, the act of bring a buyer and seller together and negotiating the sale price is brokering real estate. Good luck Dac Colden Investor/Realtor ________________________________ From: Jeff Brown To: 5-dayforum at howtosellyourhomein5days.com Sent: Sat, January 16, 2010 1:09:54 AM Subject: [5-DayForum] Acting as a "Pricing Consultant" I understand the implications of acting as a broker if this is done for someone else. Yes, the possibility also exists to enter into an "option contract" with seller to provide this service, but how about this idea? Be a "Pricing Consultant" for the FSBO. Bill even breaks-down the process in the book that during the bidding we are not concerned with any distractions like qualifying, selling, etc. We are simply trying to help the seller arrive at a Fair Market Value for their home in the "free market conditions" we create with the Silent Auction. So once we have done that at the end of the 5-days, we have achieved our objective of finding seller his FMV. We haven't actually sold the home. The highest bidder will be turned over to the seller for him to contact and work out the details of the sale, go to contract, etc. Our job is done after the FMV is reached at day 5. Our fee should be a very reasonable flat-fee and paid by seller at the end of the 5th day. Any thoughts from anyone here? I may seek some legal counsel as to how to set this up. I live in Texas. I'm not licensed and don't believe this would require a RE license. In today's market, looks like this could be a good little business to help sellers. Win/Win. Comments? Thanks. Jeff -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100116/b4715858/attachment.html From lbicon at aol.com Thu Jan 14 17:10:20 2010 From: lbicon at aol.com (lbicon at aol.com) Date: Thu, 14 Jan 2010 22:10:20 +0000 Subject: [5-DayForum] Acting as a "Pricing Consultant" In-Reply-To: <513611.83110.qm@web82508.mail.mud.yahoo.com> References: <513611.83110.qm@web82508.mail.mud.yahoo.com> Message-ID: <1601237236-1263676026-cardhu_decombobulator_blackberry.rim.net-1250497195-@bda444.bisx.prod.on.blackberry> If you trying to get paid on any RE transaction before closing then you are breaking two laws not one. If it walks like a duck,quacks like a ducknits a duck. Texas is one of the strictest states. Good luck. Sent from my Verizon Wireless BlackBerry -----Original Message----- From: Jeff Brown Date: Fri, 15 Jan 2010 22:09:54 To: <5-dayforum at howtosellyourhomein5days.com> Subject: [5-DayForum] Acting as a "Pricing Consultant" _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum From jamesfleming.realestate at gmail.com Sat Jan 16 18:05:58 2010 From: jamesfleming.realestate at gmail.com (James Fleming) Date: Sat, 16 Jan 2010 15:05:58 -0800 Subject: [5-DayForum] Acting as a "Pricing Consultant" In-Reply-To: <513611.83110.qm@web82508.mail.mud.yahoo.com> References: <513611.83110.qm@web82508.mail.mud.yahoo.com> Message-ID: Sorry Jeff, but the tasks you delineated require you to be a licensed real estate agent. That or an owner of the property. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of Jeff Brown Sent: Friday, January 15, 2010 10:10 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "Pricing Consultant" I understand the implications of acting as a broker if this is done for someone else. Yes, the possibility also exists to enter into an "option contract" with seller to provide this service, but how about this idea? Be a "Pricing Consultant" for the FSBO. Bill even breaks-down the process in the book that during the bidding we are not concerned with any distractions like qualifying, selling, etc. We are simply trying to help the seller arrive at a Fair Market Value for their home in the "free market conditions" we create with the Silent Auction. So once we have done that at the end of the 5-days, we have achieved our objective of finding seller his FMV. We haven't actually sold the home. The highest bidder will be turned over to the seller for him to contact and work out the details of the sale, go to contract, etc. Our job is done after the FMV is reached at day 5. Our fee should be a very reasonable flat-fee and paid by seller at the end of the 5th day. Any thoughts from anyone here? I may seek some legal counsel as to how to set this up. I live in Texas. I'm not licensed and don't believe this would require a RE license. In today's market, looks like this could be a good little business to help sellers. Win/Win. Comments? Thanks. Jeff -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100116/205c5a5d/attachment.html From jeff at brown.name Sat Jan 16 18:41:56 2010 From: jeff at brown.name (Jeff Brown) Date: Sat, 16 Jan 2010 15:41:56 -0800 (PST) Subject: [5-DayForum] Acting as a "pricing consultant" Message-ID: <618391.20192.qm@web82502.mail.mud.yahoo.com> Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100116/e112c9fe/attachment.html From lbicon at aol.com Thu Jan 14 20:47:21 2010 From: lbicon at aol.com (lbicon at aol.com) Date: Fri, 15 Jan 2010 01:47:21 +0000 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <618391.20192.qm@web82502.mail.mud.yahoo.com> References: <618391.20192.qm@web82502.mail.mud.yahoo.com> Message-ID: <1119691315-1263689029-cardhu_decombobulator_blackberry.rim.net-2011981082-@bda444.bisx.prod.on.blackberry> You are wrong! Assisting a seller in determining the sales price of a is a determinate of agency. Pay a lawyer to tell you the same. Sent from my Verizon Wireless BlackBerry -----Original Message----- From: Jeff Brown Date: Sat, 16 Jan 2010 15:41:56 To: <5-dayforum at howtosellyourhomein5days.com> Subject: [5-DayForum] Acting as a "pricing consultant" _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum From jeff at brown.name Sat Jan 16 23:30:05 2010 From: jeff at brown.name (Jeff Brown) Date: Sat, 16 Jan 2010 20:30:05 -0800 (PST) Subject: [5-DayForum] Lets be clear.... Message-ID: <168984.68375.qm@web82507.mail.mud.yahoo.com> Ibicon, I don't think I ever said I was right. I posed a question and "brainstorm" to the forum for you experts to answer. Comments with a negative tone and being disrespectful to people that pose questions on the forum I don't think is the tone that is expected here. If you can back your statements with facts and experiences that too would be helpful. Going on a hunch as to what a lawyer will tell me is not good enough. Do you know the license laws in all 50 states? What are your credentials? We can all quote law to each other all day about this and that. We're all "experts" when it comes to what we can't do in life. Give me a personal experience you've had in regard to this. I do believe Bill mentioned in his book he has assisted many folk in doing these. Bill's not licensed according to his book. A little out-of-the-box thinking is all I was asking which is what this forum is all about. It was not my intention to ruffle any feathers to the point of disrespect. I think we can all agree to be a little more respectful to each others questions regardless of how stupid they may sound to scholars like you. By the way, is "Ibicon" your name? My name is Jeff Brown. Thanks Ibicon for your understanding. Peace. -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100116/6837a9a3/attachment.html From janetislight at aol.com Sun Jan 17 00:40:47 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Sun, 17 Jan 2010 00:40:47 EST Subject: [5-DayForum] Acting as a "pricing consultant" Message-ID: <120b1.4c42e07b.3883fcdf@aol.com> I think you are splitting hairs just enough.... to be wrong. Janet In a message dated 1/16/2010 5:42:42 P.M. Central Standard Time, jeff at brown.name writes: Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100117/7e6ad7e1/attachment.html From janetislight at aol.com Sun Jan 17 00:44:08 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Sun, 17 Jan 2010 00:44:08 EST Subject: [5-DayForum] Lets be clear.... Message-ID: <12113.69b1e771.3883fda8@aol.com> I don't think he was being disrespectful as much as being direct. It you just took information and didn't conduct the round robin.... hmmmm maybe, depending on your state. I am not a broker or realtor so I really don't know, but yet I've been and investor for years. What you are saying just doesn't "smell" right. Janet In a message dated 1/16/2010 10:30:36 P.M. Central Standard Time, jeff at brow n.name writes: Ibicon, I don't think I ever said I was right. I posed a question and "brainstorm" to the forum for you experts to answer. Comments with a negative tone and being disrespectful to people that pose questions on the forum I don't think is the tone that is expected here. If you can back your statements with facts and experiences that too would be helpful. Going on a hunch as to what a lawyer will tell me is not good enough. Do you know the license laws in all 50 states? What are your credentials? We can all quote law to each other all day about this and that. We're all "experts" when it comes to what we can't do in life. Give me a personal experience you've had in regard to this. I do believe Bill mentioned in his book he has assisted many folk in doing these. Bill's not licensed according to his book. A little out-of-the-box thinking is all I was asking which is what this forum is all about. It was not my intention to ruffle any feathers to the point of disrespect. I think we can all agree to be a little more respectful to each others questions regardless of how stupid they may sound to scholars like you. By the way, is "Ibicon" your name? My name is Jeff Brown. Thanks Ibicon for your understanding. Peace. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100117/9b9d8c9c/attachment.html From jamesfleming.realestate at gmail.com Sun Jan 17 02:39:19 2010 From: jamesfleming.realestate at gmail.com (James Fleming) Date: Sat, 16 Jan 2010 23:39:19 -0800 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <618391.20192.qm@web82502.mail.mud.yahoo.com> References: <618391.20192.qm@web82502.mail.mud.yahoo.com> Message-ID: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can't find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do "strictly pricing" the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to "strictly pricing" the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association's legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you've spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100116/e55d67fc/attachment.html From lbicon at aol.com Sun Jan 17 13:50:17 2010 From: lbicon at aol.com (lbicon at aol.com) Date: Sun, 17 Jan 2010 13:50:17 -0500 Subject: [5-DayForum] Lets be clear.... In-Reply-To: <12113.69b1e771.3883fda8@aol.com> References: <12113.69b1e771.3883fda8@aol.com> Message-ID: <8CC65BD0BFD9055-1C4C-1FFA8@webmail-d063.sysops.aol.com> I was not disrespectful to you in any way. As for my credentials. My Co. has been featured on ABC's 20/20 program. I have interviewed by the NY Times and many other smaller newpapers. I have assisted countless people in many states doing a variation of the 5-day sale sale over the past 5 years.The states that I recall off the top of my head are NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. I am licensed in the state of CA. I am involved in a number of RE CORPS as a consultant. My present focus is on distressed RE and I am no longer doing "5-day sales" as a consultant. The investment groups that I am involved in far are more lucrative for me. You asked the question jokingly "Am I wrong?" I answered it. If you are licensed, then why are you asking questions about doing this being unlicensed? It really doen't matter what you think or I think or for that matter what the attorney that makes an opinion thinks. It only matters what the Attorney General in the state that the sale takes place thinks. As far as Bill Effros assisting other people goes. I don't think that I have ever seen him say he was COMPENSATED for that assistance. As far as your question is concerned, I have a question. The question that you are asking on this forum has been posed by about 100 or so people that complete a 5-day sale and are now "experts". I am always wondering why someone would want to be in the business of advising people on the sale of Real Estate or having a network of people advising people on Real Estate that are not licensed in that state. The most obvious answer is that they want to avoid being held accountable for their actions. Another answer might be that they do not even want to pass over the minimal bar of a state Real Estate licensing authority. I am not saying that they need to be REALTORS because that affiliation is expensive. Just licensed. As you might already have surmised, all of the discussion we are having is theoretical. The only way it will be actually tested is when someone who isn't satisfied with the service provided. The "client" will then try and figure out who to call to complain or even take further action. Who do you think that might be? in CA that would be the DRE that has a website for consumer complaints. Or it might be t the local Association of Realtors or the District Attorney. Guess where that would lead? Lastly, I am aware of a recent case in CA of an "Auction Consultant". He was convicted of "practicing RE without a license". He was sentenced to 5 years in a state prison and fined $200,000. On appeal the sentence was reduced to six months and the fine reduced to $50,000. He had been assisting as a "Marketing Consultant" on RE auction in the San Jose, CA. and was neither licensed as an Auctioneer or Real Estate Salesperson. ENOUGH OF THIS I HAVE TO WATCH THE VIKINGS WHIP UP ON THE COWBOYS AND HOPEFULLY THE CHARGERS WHIP UP ON THE JETS. BTW MY NAME IS MIKE SMITH....ON NO THATS NOT IT. IT'S CONRAD KUIKEN, RE Investor,Realtor, Loan Officer,Author........ -----Original Message----- From: janetislight at aol.comadvising To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Sat, Jan 16, 2010 9:44 pm Subject: Re: [5-DayForum] Lets be clear.... I don't think he was being disrespectful as much as being direct. It you just took information and didn't conduct the round robin.... hmmmm maybe, depending on your state. I am not a broker or realtor so I really don't know, but yet I've been and investor for years. What you are saying just doesn't "smell" right. Janet In a message dated 1/16/2010 10:30:36 P.M. Central Standard Time, jeff at brown.name writes: Ibicon, I don't think I ever said I was right. I posed a question and "brainstorm" to the forum for you experts to answer. Comments with a negative tone and being disrespectful to people that pose questions on the forum I don't think is the tone that is expected here. If you can back your statements with facts and experiences that too would be helpful. Going on a hunch as to what a lawyer will tell me is not good enough. Do you know the license laws in all 50 states? What are your credentials? We can all quote law to each other all day about this and that. We're all "experts" when it comes to what we can't do in life. Give me a personal experience you've had in regard to this. I do believe Bill mentioned in his book he has assisted many folk in doing these. Bill's not licensed according to his book. A little out-of-the-box thinking is all I was asking which is what this forum is all about. It was not my intention to ruffle any feathers to the point of disrespect. I think we can all agree to be a little more respectful to each others questions regardless of how stupid they may sound to scholars like you. By the way, is "Ibicon" your name? My name is Jeff Brown. Thanks Ibicon for your understanding. Peace. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ -DayForum mailing list -DayForum at mailman.howtosellyourhomein5days.com ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100117/74da1153/attachment.html From barrettai at aol.com Sun Jan 17 14:26:22 2010 From: barrettai at aol.com (barrettai at aol.com) Date: Sun, 17 Jan 2010 14:26:22 -0500 Subject: [5-DayForum] Lets be clear.... In-Reply-To: <8CC65BD0BFD9055-1C4C-1FFA8@webmail-d063.sysops.aol.com> References: <12113.69b1e771.3883fda8@aol.com> <8CC65BD0BFD9055-1C4C-1FFA8@webmail-d063.sysops.aol.com> Message-ID: <8CC65C216240042-162C-1F1B6@webmail-m035.sysops.aol.com> Very interesting. However, the Jets will beat the chargers! Kyle www.AuctionBySeller.com -----Original Message----- From: lbicon at aol.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Sun, Jan 17, 2010 12:50 pm Subject: Re: [5-DayForum] Lets be clear.... I was not disrespectful to you in any way. As for my credentials. My Co. has been featured on ABC's 20/20 program. I have interviewed by the NY Times and many other smaller newpapers. I have assisted countless people in many states doing a variation of the 5-day sale sale over the past 5 years.The states that I recall off the top of my head are NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. I am licensed in the state of CA. I am involved in a number of RE CORPS as a consultant. My present focus is on distressed RE and I am no longer doing "5-day sales" as a consultant. The investment groups that I am involved in far are more lucrative for me. You asked the question jokingly "Am I wrong?" I answered it. If you are licensed, then why are you asking questions about doing this being unlicensed? It really doen't matter what you think or I think or for that matter what the attorney that makes an opinion thinks. It only matters what the Attorney General in the state that the sale takes place thinks. As far as Bill Effros assisting other people goes. I don't think that I have ever seen him say he was COMPENSATED for that assistance. As far as your question is concerned, I have a question. The question that you are asking on this forum has been posed by about 100 or so people that complete a 5-day sale and are now "experts". I am always wondering why someone would want to be in the business of advising people on the sale of Real Estate or having a network of people advising people on Real Estate that are not licensed in that state. The most obvious answer is that they want to avoid being held accountable for their actions. Another answer might be that they do not even want to pass over the minimal bar of a state Real Estate licensing authority. I am not saying that they need to be REALTORS because that affiliation is expensive. Just licensed. As you might already have surmised, all of the discussion we are having is theoretical. The only way it will be actually tested is when someone who isn't satisfied with the service provided. The "client" will then try and figure out who to call to complain or even take further action. Who do you think that might be? in CA that would be the DRE that has a website for consumer complaints. Or it might be t the local Association of Realtors or the District Attorney. Guess where that would lead? Lastly, I am aware of a recent case in CA of an "Auction Consultant". He was convicted of "practicing RE without a license". He was sentenced to 5 years in a state prison and fined $200,000. On appeal the sentence was reduced to six months and the fine reduced to $50,000. He had been assisting as a "Marketing Consultant" on RE auction in the San Jose, CA. and was neither licensed as an Auctioneer or Real Estate Salesperson. ENOUGH OF THIS I HAVE TO WATCH THE VIKINGS WHIP UP ON THE COWBOYS AND HOPEFULLY THE CHARGERS WHIP UP ON THE JETS. BTW MY NAME IS MIKE SMITH....ON NO THATS NOT IT. IT'S CONRAD KUIKEN, RE Investor,Realtor, Loan Officer,Author........ -----Original Message----- From: janetislight at aol.comadvising To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Sat, Jan 16, 2010 9:44 pm Subject: Re: [5-DayForum] Lets be clear.... I don't think he was being disrespectful as much as being direct. It you just took information and didn't conduct the round robin.... hmmmm maybe, depending on your state. I am not a broker or realtor so I really don't know, but yet I've been and investor for years. What you are saying just doesn't "smell" right. Janet In a message dated 1/16/2010 10:30:36 P.M. Central Standard Time, jeff at brown.name writes: Ibicon, I don't think I ever said I was right. I posed a question and "brainstorm" to the forum for you experts to answer. Comments with a negative tone and being disrespectful to people that pose questions on the forum I don't think is the tone that is expected here. If you can back your statements with facts and experiences that too would be helpful. Going on a hunch as to what a lawyer will tell me is not good enough. Do you know the license laws in all 50 states? What are your credentials? We can all quote law to each other all day about this and that. We're all "experts" when it comes to what we can't do in life. Give me a personal experience you've had in regard to this. I do believe Bill mentioned in his book he has assisted many folk in doing these. Bill's not licensed according to his book. A little out-of-the-box thinking is all I was asking which is what this forum is all about. It was not my intention to ruffle any feathers to the point of disrespect. I think we can all agree to be a little more respectful to each others questions regardless of how stupid they may sound to scholars like you. By the way, is "Ibicon" your name? My name is Jeff Brown. Thanks Ibicon for your understanding. Peace. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum Very interesting -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100117/5a8accfb/attachment.html From hsiclang at windstream.net Sun Jan 17 20:02:00 2010 From: hsiclang at windstream.net (The Langs) Date: Sun, 17 Jan 2010 20:02:00 -0500 Subject: [5-DayForum] Here we go! In-Reply-To: <3d08b.3f128a3f.387ffcf2@aol.com> References: <3d08b.3f128a3f.387ffcf2@aol.com> Message-ID: <1ABF51A395D440F5A41808DD5387B98D@MGI> Thank you, Janet. We have decided to proceed with a 5-day sale, auction on Monday. We will rent the billboard for one month but only put the information up for 2 weeks. It's $1,000 for a 4-week flight; this cost includes design, materials, and rental. Living in a rural area presents a different set of problems, so we're hoping advertising this way will increase our chances of selling first time round. _____ From: 5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhomein5days. com [mailto:5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhome in5days.com] On Behalf Of janetislight at aol.com Sent: Wednesday, January 13, 2010 11:52 PM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Here we go! This is in exact opposition to the whole theory of the 5-day method. Sealed bids are not in your best interest. Of course you said you didn't want to get the highest price, so this would be a sure way to make that come true. As for the billboard... I don't think that could hurt your sale at all. Can you rent them for just five days? If so, seems they would charge above normal rates for monthly and beyond advertisers. How much will this cost you? I wish you the best of luck with your sale, but would hope you would stick truer to the tried and true method than putting your own spin on things. Janet In a message dated 1/13/2010 10:07:19 P.M. Central Standard Time, hsiclang at windstream.net writes: We have read Bill Effros' book with great interest and have decided to use the 5-day method to sell our house. We have two questions that we believe this forum could help us with. First, we have the opportunity to rent billboard space (!) to advertise our sale. Shouldn't be a problem, right? We're in a pretty rural area and we believe it would be money well spent. Second, we would like to conduct the sale using a sealed bid approach, leaving one week between the "public inspection" weekend and the following weekend, when the bids must be received. We then open the bids and work from the highest down. I know this is a departure from Bill's Round Robin technique, but we don't necessarily need to get the highest price - just one that covers what we owe on the house. Thoughts? Thanks for a great idea and the encouragement to do it! Rich and Barb Lang __________ Information from ESET Smart Security, version of virus signature database 4769 (20100113) __________ The message was checked by ESET Smart Security. http://www.eset.com _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum __________ Information from ESET Smart Security, version of virus signature database 4772 (20100114) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4772 (20100114) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4777 (20100116) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4780 (20100117) __________ The message was checked by ESET Smart Security. http://www.eset.com -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100117/679dda58/attachment.html From hsiclang at windstream.net Sun Jan 17 20:04:10 2010 From: hsiclang at windstream.net (The Langs) Date: Sun, 17 Jan 2010 20:04:10 -0500 Subject: [5-DayForum] Here we go! In-Reply-To: References: Message-ID: <0A541061A88C4334B485008D73879C67@MGI> Why? My wife is in cancer recovery. We need to sell our house and I thought sealed bid would be a little less stressful. _____ From: 5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhomein5days. com [mailto:5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhome in5days.com] On Behalf Of Rosemarie Belcher Sent: Thursday, January 14, 2010 12:36 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Here we go! The experience of those on this forum is that when folks depart from Bill's methods, the sale is a failure. Then they blame Bill!! If no one has tried what you are planning, then no one can really advise you about it. You are inventing a new system which may or may not work, rather than using a system which has worked many, many times. Why? Good luck! Rosemarie ----- Original Message ----- From: The Langs To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Wednesday, January 13, 2010 9:34 PM Subject: [5-DayForum] Here we go! We have read Bill Effros' book with great interest and have decided to use the 5-day method to sell our house. We have two questions that we believe this forum could help us with. First, we have the opportunity to rent billboard space (!) to advertise our sale. Shouldn't be a problem, right? We're in a pretty rural area and we believe it would be money well spent. Second, we would like to conduct the sale using a sealed bid approach, leaving one week between the "public inspection" weekend and the following weekend, when the bids must be received. We then open the bids and work from the highest down. I know this is a departure from Bill's Round Robin technique, but we don't necessarily need to get the highest price - just one that covers what we owe on the house. Thoughts? Thanks for a great idea and the encouragement to do it! Rich and Barb Lang __________ Information from ESET Smart Security, version of virus signature database 4769 (20100113) __________ The message was checked by ESET Smart Security. http://www.eset.com _____ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum __________ Information from ESET Smart Security, version of virus signature database 4772 (20100114) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4772 (20100114) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4777 (20100116) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4780 (20100117) __________ The message was checked by ESET Smart Security. http://www.eset.com -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100117/490432cc/attachment.html From hsiclang at windstream.net Sun Jan 17 20:05:22 2010 From: hsiclang at windstream.net (The Langs) Date: Sun, 17 Jan 2010 20:05:22 -0500 Subject: [5-DayForum] Here we go! In-Reply-To: References: , Message-ID: <4DC76BDCC87C474FAA5BD925AF7FED6F@MGI> Thanks, Tom! We intend to make the billboard look as close to the newspaper ad as possible! _____ From: 5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhomein5days. com [mailto:5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhome in5days.com] On Behalf Of Tom Hoffman Sent: Thursday, January 14, 2010 7:33 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Here we go! Dear Rich & Barb, The billboard thing could be a good idea if the ads are similiar to the ads in the paper or as illustrated in the book. The idea of a sealed bid in my opinion is a real loser. The beauty of the 5 day sale is the transparency and all of the bidders can see they are actually bidding against real people. I believe you would have a very hard sell trying to get the bidding up. Rosemarie is right. Stick to the tried and true. Sincerely, Tom Hoffman _____ From: rosemarie-fred at mindspring.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Date: Thu, 14 Jan 2010 12:35:32 -0500 Subject: Re: [5-DayForum] Here we go! The experience of those on this forum is that when folks depart from Bill's methods, the sale is a failure. Then they blame Bill!! If no one has tried what you are planning, then no one can really advise you about it. You are inventing a new system which may or may not work, rather than using a system which has worked many, many times. Why? Good luck! Rosemarie ----- Original Message ----- From: The Langs To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Wednesday, January 13, 2010 9:34 PM Subject: [5-DayForum] Here we go! We have read Bill Effros' book with great interest and have decided to use the 5-day method to sell our house. We have two questions that we believe this forum could help us with. First, we have the opportunity to rent billboard space (!) to advertise our sale. Shouldn't be a problem, right? We're in a pretty rural area and we believe it would be money well spent. Second, we would like to conduct the sale using a sealed bid approach, leaving one week between the "public inspection" weekend and the following weekend, when the bids must be received. We then open the bids and work from the highest down. I know this is a departure from Bill's Round Robin technique, but we don't necessarily need to get the highest price - just one that covers what we owe on the house. Thoughts? Thanks for a great idea and the encouragement to do it! Rich and Barb Lang __________ Information from ESET Smart Security, version of virus signature database 4769 (20100113) __________ The message was checked by ESET Smart Security. http://www.eset.com _____ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _____ Hotmail: Trusted email with Microsoft's powerful SPAM protection. Sign up now. __________ Information from ESET Smart Security, version of virus signature database 4772 (20100114) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4772 (20100114) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4777 (20100116) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4780 (20100117) __________ The message was checked by ESET Smart Security. http://www.eset.com -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100117/a9574957/attachment.html From janetislight at aol.com Sun Jan 17 21:26:33 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Sun, 17 Jan 2010 21:26:33 EST Subject: [5-DayForum] Here we go! Message-ID: <23203.598862c5.388520d9@aol.com> Rich and Barb, I think that the 1,000 is totally reasonable. With others who have done signs, newspapers and fliers, the cost would certainly be in this ballpark. Let us know how much response you get from the billboard. It may be something new that would work just about anywhere! Greatest of luck to you, Janet In a message dated 1/17/2010 7:02:46 P.M. Central Standard Time, hsiclang at windstream.net writes: Thank you, Janet. We have decided to proceed with a 5-day sale, auction on Monday. We will rent the billboard for one month but only put the information up for 2 weeks. It?s $1,000 for a 4-week flight; this cost includes design, materials, and rental. Living in a rural area presents a different set of problems, so we?re hoping advertising this way will increase our chances of selling first time round. ____________________________________ From: 5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhomein5days.com] On Behalf Of janetislight at aol.com Sent: Wednesday, January 13, 2010 11:52 PM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Here we go! This is in exact opposition to the whole theory of the 5-day method. Sealed bids are not in your best interest. Of course you said you didn't want to get the highest price, so this would be a sure way to make that come true. As for the billboard... I don't think that could hurt your sale at all. Can you rent them for just five days? If so, seems they would charge above normal rates for monthly and beyond advertisers. How much will this cost you? I wish you the best of luck with your sale, but would hope you would stick truer to the tried and true method than putting your own spin on things. Janet In a message dated 1/13/2010 10:07:19 P.M. Central Standard Time, hsiclang at windstream.net writes: We have read Bill Effros? book with great interest and have decided to use the 5-day method to sell our house. We have two questions that we believe this forum could help us with. First, we have the opportunity to rent billboard space (!) to advertise our sale. Shouldn?t be a problem, right? We?re in a pretty rural area and we believe it would be money well spent. Second, we would like to conduct the sale using a sealed bid approach, leaving one week between the ?public inspection? weekend and the following weekend, when the bids must be received. We then open the bids and work from the highest down. I know this is a departure from Bill?s Round Robin technique, but we don?t necessarily need to get the highest price ? just one that covers what we owe on the house. Thoughts? Thanks for a great idea and the encouragement to do it! Rich and Barb Lang __________ Information from ESET Smart Security, version of virus signature database 4769 (20100113) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum __________ Information from ESET Smart Security, version of virus signature database 4772 (20100114) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) __________ Information from ESET Smart Security, version of virus signature database 4772 (20100114) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) __________ Information from ESET Smart Security, version of virus signature database 4777 (20100116) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) __________ Information from ESET Smart Security, version of virus signature database 4780 (20100117) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) __________ Information from ESET Smart Security, version of virus signature database 4780 (20100117) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100117/42e65818/attachment.html From janetislight at aol.com Sun Jan 17 21:30:13 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Sun, 17 Jan 2010 21:30:13 EST Subject: [5-DayForum] Here we go! Message-ID: <2331e.54948c59.388521b5@aol.com> Barb and Rich, First and foremost, a comfortable recovery is my wish for you Barb. It's the whole transparency thing that makes this whole system work. It IS the method. The heart of it, as it were. The round robin only lasts one evening and then boom, you are done. You can just show her the bids as they increase and increase and increase. Keep us informed as to the sale and Barb's recovery, Janet In a message dated 1/17/2010 7:04:52 P.M. Central Standard Time, hsiclang at windstream.net writes: Why? My wife is in cancer recovery. We need to sell our house and I thought sealed bid would be a little less stressful. ____________________________________ From: 5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhomein5days.com] On Behalf Of Rosemarie Belcher Sent: Thursday, January 14, 2010 12:36 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Here we go! The experience of those on this forum is that when folks depart from Bill's methods, the sale is a failure. Then they blame Bill!! If no one has tried what you are planning, then no one can really advise you about it. You are inventing a new system which may or may not work, rather than using a system which has worked many, many times. Why? Good luck! Rosemarie ----- Original Message ----- From: _The Langs_ (mailto:hsiclang at windstream.net) To: _5-dayforum at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum at mailman.howtosellyourhomein5days.com) Sent: Wednesday, January 13, 2010 9:34 PM Subject: [5-DayForum] Here we go! We have read Bill Effros? book with great interest and have decided to use the 5-day method to sell our house. We have two questions that we believe this forum could help us with. First, we have the opportunity to rent billboard space (!) to advertise our sale. Shouldn?t be a problem, right? We?re in a pretty rural area and we believe it would be money well spent. Second, we would like to conduct the sale using a sealed bid approach, leaving one week between the ?public inspection? weekend and the following weekend, when the bids must be received. We then open the bids and work from the highest down. I know this is a departure from Bill?s Round Robin technique, but we don?t necessarily need to get the highest price ? just one that covers what we owe on the house. Thoughts? Thanks for a great idea and the encouragement to do it! Rich and Barb Lang __________ Information from ESET Smart Security, version of virus signature database 4769 (20100113) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) ____________________________________ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum __________ Information from ESET Smart Security, version of virus signature database 4772 (20100114) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) __________ Information from ESET Smart Security, version of virus signature database 4772 (20100114) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) __________ Information from ESET Smart Security, version of virus signature database 4777 (20100116) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) __________ Information from ESET Smart Security, version of virus signature database 4780 (20100117) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) __________ Information from ESET Smart Security, version of virus signature database 4780 (20100117) __________ The message was checked by ESET Smart Security. _http://www.eset.com_ (http://www.eset.com/) _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100117/60771d99/attachment.html From rosemarie-fred at mindspring.com Sun Jan 17 22:58:12 2010 From: rosemarie-fred at mindspring.com (Rosemarie Belcher) Date: Sun, 17 Jan 2010 22:58:12 -0500 Subject: [5-DayForum] Here we go! References: <0A541061A88C4334B485008D73879C67@MGI> Message-ID: <658037E01B1142ADA2260ECD7531F4A2@rosemarifv6onv> I wish you both well. In case it may help, I will tell you that I was in Sloan Kettering Hospital in NY expecting to die of cancer in 1977. I'm still here, still being a thorn in the side! My "Why?" was not intended to annoy you, sorry if it did. It's your house, and your decision, but I would urge you not to depart from the tried and true if you want to succeed. Success will be less stressful than failure, after all. Best regards Rosemarie ----- Original Message ----- From: The Langs To: 'How To Sell Your Home in 5-Days' Sent: Sunday, January 17, 2010 8:04 PM Subject: Re: [5-DayForum] Here we go! Why? My wife is in cancer recovery. We need to sell our house and I thought sealed bid would be a little less stressful. ------------------------------------------------------------------------------ From: 5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhomein5days.com] On Behalf Of Rosemarie Belcher Sent: Thursday, January 14, 2010 12:36 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Here we go! The experience of those on this forum is that when folks depart from Bill's methods, the sale is a failure. Then they blame Bill!! If no one has tried what you are planning, then no one can really advise you about it. You are inventing a new system which may or may not work, rather than using a system which has worked many, many times. Why? Good luck! Rosemarie ----- Original Message ----- From: The Langs To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Wednesday, January 13, 2010 9:34 PM Subject: [5-DayForum] Here we go! We have read Bill Effros' book with great interest and have decided to use the 5-day method to sell our house. We have two questions that we believe this forum could help us with. First, we have the opportunity to rent billboard space (!) to advertise our sale. Shouldn't be a problem, right? We're in a pretty rural area and we believe it would be money well spent. Second, we would like to conduct the sale using a sealed bid approach, leaving one week between the "public inspection" weekend and the following weekend, when the bids must be received. We then open the bids and work from the highest down. I know this is a departure from Bill's Round Robin technique, but we don't necessarily need to get the highest price - just one that covers what we owe on the house. Thoughts? Thanks for a great idea and the encouragement to do it! Rich and Barb Lang __________ Information from ESET Smart Security, version of virus signature database 4769 (20100113) __________ The message was checked by ESET Smart Security. http://www.eset.com ---------------------------------------------------------------------------- _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum __________ Information from ESET Smart Security, version of virus signature database 4772 (20100114) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4772 (20100114) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4777 (20100116) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4780 (20100117) __________ The message was checked by ESET Smart Security. http://www.eset.com __________ Information from ESET Smart Security, version of virus signature database 4780 (20100117) __________ The message was checked by ESET Smart Security. http://www.eset.com ------------------------------------------------------------------------------ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100117/d1567a4f/attachment.html From bill at effros.com Mon Jan 18 00:00:05 2010 From: bill at effros.com (Bill Effros) Date: Mon, 18 Jan 2010 00:00:05 -0500 Subject: [5-DayForum] Billboards In-Reply-To: <1ABF51A395D440F5A41808DD5387B98D@MGI> References: <3d08b.3f128a3f.387ffcf2@aol.com> <1ABF51A395D440F5A41808DD5387B98D@MGI> Message-ID: <4B53EAD5.1090106@effros.com> Rich and Barb, Is there so much urgency that you must start the billboard buy as early as tomorrow? I'd love to have a little more time to think this through. Over the past 20 years I've done a lot of publicity for the book. I like to drive, and I like to drive all over this country, so instead of flying from city to city, I drive. The one thing that has really caught my eye, as I drive, is billboards. Frankly, I love them. Between cities they speak volumes about what is going on in the lives of people who don't live in large metropolitan areas. From the content and the size of the businesses advertised, I could guess that the cost was reasonable, but I never found out exactly how much. You are right that selling in a rural area presents a different set of problems, but, more importantly, it also offers a different set of possible solutions. There is no real problem in attracting 25 buyers, or in getting the 3 real buyers to bid against each other. This is as easily achieved in rural areas as in urban or suburban areas. Properly run 5-Day Sales will get you the best price you can get on the weekend you choose, no matter where you live. People in rural areas who run 5-Day Sales tend to over-compensate for the lower population density and attract too many people from too wide an area making their sales more difficult to manage. They still sell in 5-Days. And they get the same price. It's just more work, and they must have more people on hand. On the other hand, if you like big parties, 5-Day Sales with too many potential buyers can be a lot of fun, they are not boring for even a second, and you can be really sure at the end of the day that you got the most anyone within 3 counties would pay for your home on the day you choose to sell it. The problem with billboards is attracting too many people, not too few. If you put up a billboard, and nobody calls, your problem is price. I would think you would test the price by putting your ad somewhere else before you commit to a billboard starting price. Put it in Craig's List. Leave it there for a few hours, then pull it. You should start getting calls immediately to validate your billboard price. Tell callers exactly what you are doing, how the sale will work, when it will occur, etc. And tell them to look for the ad on Route whatever, when you plan to put it up. All of this will validate your sale. I doubt there is any magic in my newspaper ad insofar as billboard advertising is concerned. I would guess a lot of people on this Forum have far more experience with successful billboard advertising than I have, and if you give them a little time to respond, they will probably come up with a lot of good ideas. Do stay away from sealed bidding. It's not good for you. It's not good for the buyer. I have thought about billboard advertising but I've never tried it, nor do I know of anyone else trying it. I think it can be a great idea in areas where billboards are affordable. If you can slow down your sale for a couple of days, I think we can come up with billboard advertising that will do the job without putting too much strain on your family. Let us know what you're doing, and send pictures of your billboard no matter what! Bill Effros Author The Langs wrote: > > Thank you, Janet. We have decided to proceed with a 5-day sale, > auction on Monday. We will rent the billboard for one month but only > put the information up for 2 weeks. It's $1,000 for a 4-week flight; > this cost includes design, materials, and rental. Living in a rural > area presents a different set of problems, so we're hoping advertising > this way will increase our chances of selling first time round. > > > > ------------------------------------------------------------------------ > > *From:* > 5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhomein5days.com > [mailto:5-dayforum-bounces+hsiclang=windstream.net at mailman.howtosellyourhomein5days.com] > *On Behalf Of *janetislight at aol.com > *Sent:* Wednesday, January 13, 2010 11:52 PM > *To:* 5-dayforum at mailman.howtosellyourhomein5days.com > *Subject:* Re: [5-DayForum] Here we go! > > > > This is in exact opposition to the whole theory of the 5-day method. > Sealed bids are not in your best interest. Of course you said you > didn't want to get the highest price, so this would be a sure way to > make that come true. As for the billboard... I don't think that > could hurt your sale at all. Can you rent them for just five days? > If so, seems they would charge above normal rates for monthly and > beyond advertisers. How much will this cost you? > > > > I wish you the best of luck with your sale, but would hope you would > stick truer to the tried and true method than putting your own spin on > things. > > > > Janet > > > > In a message dated 1/13/2010 10:07:19 P.M. Central Standard Time, > hsiclang at windstream.net writes: > > We have read Bill Effros' book with great interest and have > decided to use the 5-day method to sell our house. We have two > questions that we believe this forum could help us with. > > > > First, we have the opportunity to rent billboard space (!) to > advertise our sale. Shouldn't be a problem, right? We're in a > pretty rural area and we believe it would be money well spent. > > > > Second, we would like to conduct the sale using a sealed bid > approach, leaving one week between the "public inspection" weekend > and the following weekend, when the bids must be received. We > then open the bids and work from the highest down. I know this is > a departure from Bill's Round Robin technique, but we don't > necessarily need to get the highest price -- just one that covers > what we owe on the house. > > > > Thoughts? > > > > Thanks for a great idea and the encouragement to do it! > > > > Rich and Barb Lang > > > > __________ Information from ESET Smart Security, version of virus > signature database 4769 (20100113) __________ > > The message was checked by ESET Smart Security. > > http://www.eset.com > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > __________ Information from ESET Smart Security, version of virus > signature database 4772 (20100114) __________ > > The message was checked by ESET Smart Security. > > http://www.eset.com > > > __________ Information from ESET Smart Security, version of virus > signature database 4772 (20100114) __________ > > The message was checked by ESET Smart Security. > > http://www.eset.com > > > __________ Information from ESET Smart Security, version of virus > signature database 4777 (20100116) __________ > > The message was checked by ESET Smart Security. > > http://www.eset.com > > > __________ Information from ESET Smart Security, version of virus > signature database 4780 (20100117) __________ > > The message was checked by ESET Smart Security. > > http://www.eset.com > > > > __________ Information from ESET Smart Security, version of virus > signature database 4780 (20100117) __________ > > The message was checked by ESET Smart Security. > > http://www.eset.com > ------------------------------------------------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/d4b92080/attachment.html From castlerealty2177 at aol.com Sat Jan 16 13:07:45 2010 From: castlerealty2177 at aol.com (castlerealty2177 at aol.com) Date: Sat, 16 Jan 2010 13:07:45 EST Subject: [5-DayForum] Remove from list Message-ID: <759e.1ba6dadc.38835a71@aol.com> -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100116/a972dc88/attachment.html From shane.myko at gmail.com Sun Jan 17 10:20:36 2010 From: shane.myko at gmail.com (Shane Weller) Date: Sun, 17 Jan 2010 08:20:36 -0700 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: References: <618391.20192.qm@web82502.mail.mud.yahoo.com> Message-ID: <4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com> Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming < jamesfleming.realestate at gmail.com> wrote: > Jeff, > > > > I will respond to your question, not as an expert, not as a scholar, but > based upon my own understanding of this subject after years as a Realtor and > based upon checking with fellow Realtors in Texas, Florida, and Tennessee. > > > > As a former Texas Broker you know that in Texas, according to the Real > Estate License Act, practicing real estate without an active license is a > criminal offense; specifically, a Class A misdemeanor punishable by > confinement of up to one year in a county jail and a fine of up to > $4,000.00. Unlicensed activity in Florida can result in a first degree > misdemeanor criminal charge and a fine up to $5,000. Similar consequences > hold in Tennessee. On a related note, I was told that Florida in particular > is cracking down on people who mistakenly think that taking options on > properties constitutes taking an ownership interest and therefore excludes > them from needing to be licensed. > > > > What constitutes practicing real estate? Each state has its own > definition, but in general almost every activity connected with a real > estate transaction, including negotiating a purchase or sale, or soliciting > buyers and sellers, when performed for compensation, a commission, or a fee, > or in the expectation of same, constitutes practicing real estate. > > > > Your contention that you can?t find any information anywhere that states > that ?strictly pricing? a home is an act of real estate reserved only for > brokers does have merit, however. In fact, that practice is reserved > primarily for licensed appraisers. Although you call what you want to do > ?strictly pricing? the home by finding the FMV, you are finding the FMV by > conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may > result in finding the FMV, is not the equivalent to ?strictly pricing? the > home. It IS the equivalent to practicing real estate. > > > > All of this is solely my take on the issues. A forum such as this is great > for sharing perspectives, tips, opinions, experiences, and so on. If you > want more, and if you are still actively licensed in one of the states > mentioned, the best place to get free legal analysis is through your > association?s legal hotline. If you are not actively licensed, the other > free alternative is to contact the respective departments of licensing in > the states where you intend to conduct your 5 Day Pricings. The only place > to get actual and actionable legal advice, covered by malpractice insurance, > is from a lawyer who provides it to you, as a client, for a fee. > > > > Good luck in your quest for clarification. It sounds as though you?ve > spent some time and effort looking into this. If it turns out that 5-day > Pricings can be conducted in such a way that licensing is not required, > there are loads of people around the country who would be interested in > conducting them commercially in their areas and in hearing how to structure > them to avoid prosecution. This could lead to a book for you, or even a > franchise, if you come up with the right approach. > > > > Keep us posted. > > > > Jim F ? Realtor > > Vancouver WA > > > ------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com@ > mailman.howtosellyourhomein5days.com [mailto: > 5-dayforum-bounces+jamesfleming.realestate<5-dayforum-bounces%2Bjamesfleming.realestate> > =gmail.com at mailman.howtosellyourhomein5days.com] *On Behalf Of *Jeff Brown > *Sent:* Saturday, January 16, 2010 3:42 PM > > *To:* 5-dayforum at howtosellyourhomein5days.com > *Subject:* [5-DayForum] Acting as a "pricing consultant" > > > > Thanks to all for the comments. I have been a broker in Tennessee, Texas > and Florida. So i understand license law...my only question here was: are we > really "negotiating the sales price" for the seller by finding the FMV of > their home?? I cant find any information anywhere that states that "strictly > pricing" a home is an act of real estate reserved only for us lofty > brokers?? We don't assist anymore after the price is reached at the end of > the 5 days...The seller and possible buyer consummate their own deal! The > highest bidder is not necessarily the Buyer in this case...its up to the > seller to find his buyer and close the deal after the FMV is reached...As > Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100117/5c9e9d64/attachment.html From shane.myko at gmail.com Sun Jan 17 14:56:50 2010 From: shane.myko at gmail.com (Shane Weller) Date: Sun, 17 Jan 2010 12:56:50 -0700 Subject: [5-DayForum] Lets be clear.... In-Reply-To: <8CC65BD0BFD9055-1C4C-1FFA8@webmail-d063.sysops.aol.com> References: <12113.69b1e771.3883fda8@aol.com> <8CC65BD0BFD9055-1C4C-1FFA8@webmail-d063.sysops.aol.com> Message-ID: <4a25efec1001171156w50ab460i869459555bad8513@mail.gmail.com> Conrad, How is it that you were able to "assist" people in NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. on the five day sale if you were only licensed in CA? I am guessing you helped all of these people out without compensation? And out of the goodness of your own heart? It almost sounds like a scam. I mean how is it that you are able to do this in so many states and not get penalized, but anyone else who does will be penalized? Not being sarcastic here, just trying to figure it out. Im not aware of many Realtors out there who have so much free time on their hands that they openly assist people in selling their homes for free. So whats the catch? How are you able to do this, but noone else is? On Sun, Jan 17, 2010 at 11:50 AM, wrote: > I was not disrespectful to you in any way. As for my credentials. My Co. > has been featured on ABC's 20/20 program. I have interviewed by the NY Times > and many other smaller newpapers. I have assisted countless people in many > states doing a variation of the 5-day sale sale over the past 5 years.The > states that I recall off the top of my head are > NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND > WA. I am licensed in the state of CA. I am involved in a number of RE CORPS > as a consultant. My present focus is on distressed RE and I am no longer > doing "5-day sales" as a consultant. The investment groups that I am > involved in far are more lucrative for me. You asked the question jokingly > "Am I wrong?" I answered it. If you are licensed, then why are you asking > questions about doing this being unlicensed? It really doen't matter what > you think or I think or for that matter what the attorney that makes an > opinion thinks. It only matters what the Attorney General in the state that > the sale takes place thinks. As far as Bill Effros assisting other people > goes. I don't think that I have ever seen him say he was COMPENSATED for > that assistance. As far as your question is concerned, I have a > question. The question that you are asking on this forum has been posed by > about 100 or so people that complete a 5-day sale and are now "experts". I > am always wondering why someone would want to be in the business of advising > people on the sale of Real Estate or having a network of people advising > people on Real Estate that are not licensed in that state. The most obvious > answer is that they want to avoid being held accountable for their actions. > Another answer might be that they do not even want to pass over the minimal > bar of a state Real Estate licensing authority. I am not saying that they > need to be REALTORS because that affiliation is expensive. Just licensed. > > As you might already have surmised, all of the discussion we are having is > theoretical. The only way it will be actually tested is when someone who > isn't satisfied with the service provided. The "client" will then try and > figure out who to call to complain or even take further action. Who do you > think that might be? in CA that would be the DRE that has a website for > consumer complaints. Or it might be t the local Association of Realtors or > the District Attorney. Guess where that would lead? Lastly, I am aware of a > recent case in CA of an "Auction Consultant". He was convicted of > "practicing RE without a license". He was sentenced to 5 years in a state > prison and fined $200,000. On appeal the sentence was reduced to six months > and the fine reduced to $50,000. He had been assisting as a "Marketing > Consultant" on RE auction in the San Jose, CA. and was neither licensed as > an Auctioneer or Real Estate Salesperson. > > ENOUGH OF THIS I HAVE TO WATCH THE VIKINGS WHIP UP ON THE COWBOYS AND > HOPEFULLY THE CHARGERS WHIP UP ON THE JETS. > > BTW MY NAME IS MIKE SMITH....ON NO THATS NOT IT. IT'S *CONRAD KUIKEN, RE > Investor,Realtor, Loan Officer,Author........ > > * > > > -----Original Message----- > From: janetislight at aol.comadvising > > To: 5-dayforum at mailman.howtosellyourhomein5days.com > Sent: Sat, Jan 16, 2010 9:44 pm > Subject: Re: [5-DayForum] Lets be clear.... > > I don't think he was being disrespectful as much as being direct. It you > just took information and didn't conduct the round robin.... hmmmm maybe, > depending on your state. I am not a broker or realtor so I really don't > know, but yet I've been and investor for years. What you are saying just > doesn't "smell" right. > > Janet > > In a message dated 1/16/2010 10:30:36 P.M. Central Standard Time, > jeff at brown.name writes: > > Ibicon, I don't think I ever said I was right. I posed a question and > "brainstorm" to the forum for you experts to answer. Comments with a > negative tone and being disrespectful to people that pose questions on the > forum I don't think is the tone that is expected here. If you can back your > statements with facts and experiences that too would be helpful. Going on a > hunch as to what a lawyer will tell me is not good enough. Do you know the > license laws in all 50 states? What are your credentials? We can all quote > law to each other all day about this and that. We're all "experts" when it > comes to what we can't do in life. Give me a personal experience you've had > in regard to this. I do believe Bill mentioned in his book he has assisted > many folk in doing these. Bill's not licensed according to his book. A > little out-of-the-box thinking is all I was asking which is what this forum > is all about. It was not my intention to ruffle any feathers to the point of > disrespect. I think we can all agree to be a little more respectful to each > others questions regardless of how stupid they may sound to scholars like > you. By the way, is "Ibicon" your name? My name is Jeff Brown. Thanks Ibicon > for your understanding. Peace. > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > _______________________________________________ > 5-DayForum mailing list5-DayForum at mailman.howtosellyourhomein5days.comhttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100117/f49b88e7/attachment.html From janetislight at aol.com Mon Jan 18 11:51:48 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Mon, 18 Jan 2010 11:51:48 EST Subject: [5-DayForum] What did I do? Message-ID: <2fe9b.4e2086.3885eba4@aol.com> Bill, You un-subscribed me from the list? Why? Have I offended you? Have I not tried to be supportive to the people on here asking questions, some times getting no answer to their question, so I give it my best shot? If all of you want me off, at least tell me why. Don't just "hang-up" on me. Janet -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/6b111ed4/attachment.html From bill at effros.com Mon Jan 18 12:14:02 2010 From: bill at effros.com (Bill Effros) Date: Mon, 18 Jan 2010 12:14:02 -0500 Subject: [5-DayForum] What did I do? In-Reply-To: <2fe9b.4e2086.3885eba4@aol.com> References: <2fe9b.4e2086.3885eba4@aol.com> Message-ID: <4B5496DA.1010006@effros.com> Janet, As you know, I responded to this at the same time you were writing it, and our email crossed. This was a computer error. You never offend me, we sometimes disagree. I would never hang up on you--it's not my way. Welcome Back! Your participation is highly valued. I'm glad you acted so quickly to straighten it out. Bill janetislight at aol.com wrote: > Bill, > > You un-subscribed me from the list? Why? Have I offended you? Have > I not tried to be supportive to the people on here asking questions, > some times getting no answer to their question, so I give it my best shot? > > If all of you want me off, at least tell me why. Don't just "hang-up" > on me. > > Janet > ------------------------------------------------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/6036b975/attachment.html From janetislight at aol.com Mon Jan 18 12:19:07 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Mon, 18 Jan 2010 12:19:07 EST Subject: [5-DayForum] What did I do? Message-ID: <30ccb.2c679d47.3885f20b@aol.com> To the Forum. It was my fault! Glad I am back! Janet In a message dated 1/18/2010 11:14:32 A.M. Central Standard Time, bill at effros.com writes: Janet, As you know, I responded to this at the same time you were writing it, and our email crossed. This was a computer error. You never offend me, we sometimes disagree. I would never hang up on you--it's not my way. Welcome Back! Your participation is highly valued. I'm glad you acted so quickly to straighten it out. Bill _janetislight at aol.com_ (mailto:janetislight at aol.com) wrote: Bill, You un-subscribed me from the list? Why? Have I offended you? Have I not tried to be supportive to the people on here asking questions, some times getting no answer to their question, so I give it my best shot? If all of you want me off, at least tell me why. Don't just "hang-up" on me. Janet ____________________________________ _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/f6e14f10/attachment.html From tomhoffman at live.com Mon Jan 18 17:09:39 2010 From: tomhoffman at live.com (Tom Hoffman) Date: Mon, 18 Jan 2010 15:09:39 -0700 Subject: [5-DayForum] Lets be clear.... In-Reply-To: <4a25efec1001171156w50ab460i869459555bad8513@mail.gmail.com> References: <12113.69b1e771.3883fda8@aol.com>, <8CC65BD0BFD9055-1C4C-1FFA8@webmail-d063.sysops.aol.com>, <4a25efec1001171156w50ab460i869459555bad8513@mail.gmail.com> Message-ID: Hi Jeff, Now this is a really good question. I am licensed in Colorado and have helped a number of clients in other states conduct a 5 day sale. We can't legally talk about payments or compenstations due to the sherman anti-trust act. I am not aware of any state which prohibits an owner from selling their own properties. There is another profession other than real estate agents who are licensed that help owners sell their properties in every state. When I go out of state I interview local real estate attorneys and have the owners contact the one selected to handle the transaction. I do not write contracts nor negotiate any of the terms of the agreement. This is done between buyer, seller and attorney. In the state of Colorado I do negotiate between, buyers and sellers, write contracts and see the transaction to closing. These are the things I am qualified and licensed to do in this state. I do not actively seek sellers who are out of state. The ones I have helped have been referrals from those clients in Colorado who I have helped with their sales. The first suggestion I make to all of my clients is they buy Bill's book. Good luck. Tom Hoffman-Broker/Owner Top Priority Realty, LLC Licensed in Colorado Date: Sun, 17 Jan 2010 12:56:50 -0700 From: shane.myko at gmail.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Lets be clear.... Conrad, How is it that you were able to "assist" people in NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. on the five day sale if you were only licensed in CA? I am guessing you helped all of these people out without compensation? And out of the goodness of your own heart? It almost sounds like a scam. I mean how is it that you are able to do this in so many states and not get penalized, but anyone else who does will be penalized? Not being sarcastic here, just trying to figure it out. Im not aware of many Realtors out there who have so much free time on their hands that they openly assist people in selling their homes for free. So whats the catch? How are you able to do this, but noone else is? On Sun, Jan 17, 2010 at 11:50 AM, wrote: I was not disrespectful to you in any way. As for my credentials. My Co. has been featured on ABC's 20/20 program. I have interviewed by the NY Times and many other smaller newpapers. I have assisted countless people in many states doing a variation of the 5-day sale sale over the past 5 years.The states that I recall off the top of my head are NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. I am licensed in the state of CA. I am involved in a number of RE CORPS as a consultant. My present focus is on distressed RE and I am no longer doing "5-day sales" as a consultant. The investment groups that I am involved in far are more lucrative for me. You asked the question jokingly "Am I wrong?" I answered it. If you are licensed, then why are you asking questions about doing this being unlicensed? It really doen't matter what you think or I think or for that matter what the attorney that makes an opinion thinks. It only matters what the Attorney General in the state that the sale takes place thinks. As far as Bill Effros assisting other people goes. I don't think that I have ever seen him say he was COMPENSATED for that assistance. As far as your question is concerned, I have a question. The question that you are asking on this forum has been posed by about 100 or so people that complete a 5-day sale and are now "experts". I am always wondering why someone would want to be in the business of advising people on the sale of Real Estate or having a network of people advising people on Real Estate that are not licensed in that state. The most obvious answer is that they want to avoid being held accountable for their actions. Another answer might be that they do not even want to pass over the minimal bar of a state Real Estate licensing authority. I am not saying that they need to be REALTORS because that affiliation is expensive. Just licensed. As you might already have surmised, all of the discussion we are having is theoretical. The only way it will be actually tested is when someone who isn't satisfied with the service provided. The "client" will then try and figure out who to call to complain or even take further action. Who do you think that might be? in CA that would be the DRE that has a website for consumer complaints. Or it might be t the local Association of Realtors or the District Attorney. Guess where that would lead? Lastly, I am aware of a recent case in CA of an "Auction Consultant". He was convicted of "practicing RE without a license". He was sentenced to 5 years in a state prison and fined $200,000. On appeal the sentence was reduced to six months and the fine reduced to $50,000. He had been assisting as a "Marketing Consultant" on RE auction in the San Jose, CA. and was neither licensed as an Auctioneer or Real Estate Salesperson. ENOUGH OF THIS I HAVE TO WATCH THE VIKINGS WHIP UP ON THE COWBOYS AND HOPEFULLY THE CHARGERS WHIP UP ON THE JETS. BTW MY NAME IS MIKE SMITH....ON NO THATS NOT IT. IT'S CONRAD KUIKEN, RE Investor,Realtor, Loan Officer,Author........ -----Original Message----- From: janetislight at aol.comadvising To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Sat, Jan 16, 2010 9:44 pm Subject: Re: [5-DayForum] Lets be clear.... I don't think he was being disrespectful as much as being direct. It you just took information and didn't conduct the round robin.... hmmmm maybe, depending on your state. I am not a broker or realtor so I really don't know, but yet I've been and investor for years. What you are saying just doesn't "smell" right. Janet In a message dated 1/16/2010 10:30:36 P.M. Central Standard Time, jeff at brown.name writes: Ibicon, I don't think I ever said I was right. I posed a question and "brainstorm" to the forum for you experts to answer. Comments with a negative tone and being disrespectful to people that pose questions on the forum I don't think is the tone that is expected here. If you can back your statements with facts and experiences that too would be helpful. Going on a hunch as to what a lawyer will tell me is not good enough. Do you know the license laws in all 50 states? What are your credentials? We can all quote law to each other all day about this and that. We're all "experts" when it comes to what we can't do in life. Give me a personal experience you've had in regard to this. I do believe Bill mentioned in his book he has assisted many folk in doing these. Bill's not licensed according to his book. A little out-of-the-box thinking is all I was asking which is what this forum is all about. It was not my intention to ruffle any feathers to the point of disrespect. I think we can all agree to be a little more respectful to each others questions regardless of how stupid they may sound to scholars like you. By the way, is "Ibicon" your name? My name is Jeff Brown. Thanks Ibicon for your understanding. Peace. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _________________________________________________________________ Your E-mail and More On-the-Go. Get Windows Live Hotmail Free. http://clk.atdmt.com/GBL/go/196390709/direct/01/ -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/489e3e5f/attachment.html From tomhoffman at live.com Mon Jan 18 17:29:55 2010 From: tomhoffman at live.com (Tom Hoffman) Date: Mon, 18 Jan 2010 15:29:55 -0700 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com> References: <618391.20192.qm@web82502.mail.mud.yahoo.com>, , <4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com> Message-ID: Hi Shane, No offense taken by this REALTOR. I have been in this business in many different aspects for almost 25 years and the ones who really scare me are the ones who have atended someones' real estate seminar and are now real estate investors, people who are now experts in foreclosures, short sales, probated properties, rent to own, etc. A little knowledge in the wrong hands can be a very, very dangerous thing. Sincerely, Tom Hoffman-Broker/Owner Top Priority Realty, LLC Licensed in Colorado Date: Sun, 17 Jan 2010 08:20:36 -0700 From: shane.myko at gmail.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can?t find any information anywhere that states that ?strictly pricing? a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do ?strictly pricing? the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to ?strictly pricing? the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association?s legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you?ve spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F ? Realtor Vancouver WA From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _________________________________________________________________ Hotmail: Trusted email with powerful SPAM protection. http://clk.atdmt.com/GBL/go/196390707/direct/01/ -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/d80e0a70/attachment.html From lbicon at aol.com Mon Jan 18 17:58:25 2010 From: lbicon at aol.com (lbicon at aol.com) Date: Mon, 18 Jan 2010 17:58:25 -0500 Subject: [5-DayForum] Lets be clear.... In-Reply-To: References: <12113.69b1e771.3883fda8@aol.com>, <8CC65BD0BFD9055-1C4C-1FFA8@webmail-d063.sysops.aol.com>, <4a25efec1001171156w50ab460i869459555bad8513@mail.gmail.com> Message-ID: <8CC66A8E0151DD6-3D0C-29B7@webmail-m050.sysops.aol.com> Shane, This forum is really set up to assist people who want to sell the home using the "5 Day Method" . I certainly don't want to sidetrack many of the good conversations here about selling homes to go on and on about how to make a business of it. There are plenty of people doing it professionally already. Many of them have basically used concepts that have been espoused by Bill Effros and other pioneers of auction type sales and have called ideas their own. Some are doing it legally and some are doing it trying to skirt the law and work on the fringe hoping they won't get caught. I worked many hours and paid a lot of money for advice on how to accomplish this legally on a national basis. Here is one of the dozen or so ways that I was able to be compensated to help people in others states. Licensed Real Estate Pros can legally be compensated in the form of referral fees from other Licensed RE Pros. The referral fees paid are usually a percentage of a commission paid upon successful closing of the transaction. Sincerely, Conrad Kuiken -----Original Message----- From: Tom Hoffman To: How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com> Sent: Mon, Jan 18, 2010 2:09 pm Subject: Re: [5-DayForum] Lets be clear.... Hi Jeff, Now this is a really good question. I am licensed in Colorado and have helped a number of clients in other states conduct a 5 day sale. We can't legally talk about payments or compenstations due to the sherman anti-trust act. I am not aware of any state which prohibits an owner from selling their own properties. There is another profession other than real estate agents who are licensed that help owners sell their properties in every state. When I go out of state I interview local real estate attorneys and have the owners contact the one selected to handle the transaction. I do not write contracts nor negotiate any of the terms of the agreement. This is done between buyer, seller and attorney. In the state of Colorado I do negotiate between, buyers and sellers, write contracts and see the transaction to closing. These are the things I am qualified and licensed to do in this state. I do not actively seek sellers who are out of state. The ones I have helped have been referrals from those clients in Colorado who I have helped with their sales. The first suggestion I make to all of my clients is they buy Bill's book. Good luck. Tom Hoffman-Broker/Owner Top Priority Realty, LLC Licensed in Colorado Date: Sun, 17 Jan 2010 12:56:50 -0700 From: shane.myko at gmail.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Lets be clear.... Conrad, How is it that you were able to "assist" people in NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. on the five day sale if you were only licensed in CA? I am guessing you helped all of these people out without compensation? And out of the goodness of your own heart? It almost sounds like a scam. I mean how is it that you are able to do this in so many states and not get penalized, but anyone else who does will be penalized? Not being sarcastic here, just trying to figure it out. Im not aware of many Realtors out there who have so much free time on their hands that they openly assist people in selling their homes for free. So whats the catch? How are you able to do this, but noone else is? On Sun, Jan 17, 2010 at 11:50 AM, wrote: I was not disrespectful to you in any way. As for my credentials. My Co. has been featured on ABC's 20/20 program. I have interviewed by the NY Times and many other smaller newpapers. I have assisted countless people in many states doing a variation of the 5-day sale sale over the past 5 years.The states that I recall off the top of my head are NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. I am licensed in the state of CA. I am involved in a number of RE CORPS as a consultant. My present focus is on distressed RE and I am no longer doing "5-day sales" as a consultant. The investment groups that I am involved in far are more lucrative for me. You asked the question jokingly "Am I wrong?" I answered it. If you are licensed, then why are you asking questions about doing this being unlicensed? It really doen't matter what you think or I think or for that matter what the attorney that makes an opinion thinks. It only matters what the Attorney General in the state that the sale takes place thinks. As far as Bill Effros assisting other people goes. I don't think that I have ever seen him say he was COMPENSATED for that assistance. As far as your question is concerned, I have a question. The question that you are asking on this forum has been posed by about 100 or so people that complete a 5-day sale and are now "experts". I am always wondering why someone would want to be in the business of advising people on the sale of Real Estate or having a network of people advising people on Real Estate that are not licensed in that state. The most obvious answer is that they want to avoid being held accountable for their actions. Another answer might be that they do not even want to pass over the minimal bar of a state Real Estate licensing authority. I am not saying that they need to be REALTORS because that affiliation is expensive. Just licensed. As you might already have surmised, all of the discussion we are having is theoretical. The only way it will be actually tested is when someone who isn't satisfied with the service provided. The "client" will then try and figure out who to call to complain or even take further action. Who do you think that might be? in CA that would be the DRE that has a website for consumer complaints. Or it might be t the local Association of Realtors or the District Attorney. Guess where that would lead? Lastly, I am aware of a recent case in CA of an "Auction Consultant". He was convicted of "practicing RE without a license". He was sentenced to 5 years in a state prison and fined $200,000. On appeal the sentence was reduced to six months and the fine reduced to $50,000. He had been assisting as a "Marketing Consultant" on RE auction in the San Jose, CA. and was neither licensed as an Auctioneer or Real Estate Salesperson. ENOUGH OF THIS I HAVE TO WATCH THE VIKINGS WHIP UP ON THE COWBOYS AND HOPEFULLY THE CHARGERS WHIP UP ON THE JETS. BTW MY NAME IS MIKE SMITH....ON NO THATS NOT IT. IT'S CONRAD KUIKEN, RE Investor,Realtor, Loan Officer,Author........ -----Original Message----- From: janetislight at aol.comadvising To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Sat, Jan 16, 2010 9:44 pm Subject: Re: [5-DayForum] Lets be clear.... I don't think he was being disrespectful as much as being direct. It you just took information and didn't conduct the round robin.... hmmmm maybe, depending on your state. I am not a broker or realtor so I really don't know, but yet I've been and investor for years. What you are saying just doesn't "smell" right. Janet In a message dated 1/16/2010 10:30:36 P.M. Central Standard Time, jeff at brown.name writes: Ibicon, I don't think I ever said I was right. I posed a question and "brainstorm" to the forum for you experts to answer. Comments with a negative tone and being disrespectful to people that pose questions on the forum I don't think is the tone that is expected here. If you can back your statements with facts and experiences that too would be helpful. Going on a hunch as to what a lawyer will tell me is not good enough. Do you know the license laws in all 50 states? What are your credentials? We can all quote law to each other all day about this and that. We're all "experts" when it comes to what we can't do in life. Give me a personal experience you've had in regard to this. I do believe Bill mentioned in his book he has assisted many folk in doing these. Bill's not licensed according to his book. A little out-of-the-box thinking is all I was asking which is what this forum is all about. It was not my intention to ruffle any feathers to the point of disrespect. I think we can all agree to be a little more respectful to each others questions regardless of how stupid they may sound to scholars like you. By the way, is "Ibicon" your name? My name is Jeff Brown. Thanks Ibicon for your understanding. Peace. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ -DayForum mailing list -DayForum at mailman.howtosellyourhomein5days.com ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum Your E-mail and More On-the-Go. Get Windows Live Hotmail Free. Sign up now. = _______________________________________________ -DayForum mailing list -DayForum at mailman.howtosellyourhomein5days.com ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/01cb1732/attachment.html From lbicon at aol.com Mon Jan 18 18:33:26 2010 From: lbicon at aol.com (lbicon at aol.com) Date: Mon, 18 Jan 2010 18:33:26 -0500 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com> References: <618391.20192.qm@web82502.mail.mud.yahoo.com> <4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com> Message-ID: <8CC66ADC4AD57AD-3D0C-31B8@webmail-m050.sysops.aol.com> Shane, You are hillarious. Guess who my business partner was for the last 5 years? I'll give you a hint his ititials are G.C. My emaill address is one from a long time ago and there is no hidden message. I grew up on Long Beach Island hence LBI and the first 3 letter of my name and my nickname is CON. BTW I never told anyone that they couldn't do it. I told Jeff that he was better off being licensed. Don't you think that hundreds of people have already approched Bill about starting a consulting business. Guess why it hasn't happened. CK -----Original Message----- From: Shane Weller To: How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com> Sent: Sun, Jan 17, 2010 7:20 am Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can?t find any information anywhere that states that ?strictly pricing? a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do ?strictly pricing? the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to ?strictly pricing? the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association?s legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you?ve spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F ? Realtor Vancouver WA From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ -DayForum mailing list -DayForum at mailman.howtosellyourhomein5days.com ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/dcbb697f/attachment.html From shane.myko at gmail.com Mon Jan 18 18:55:16 2010 From: shane.myko at gmail.com (Shane Weller) Date: Mon, 18 Jan 2010 16:55:16 -0700 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <8CC66ADC4AD57AD-3D0C-31B8@webmail-m050.sysops.aol.com> References: <618391.20192.qm@web82502.mail.mud.yahoo.com> <4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com> <8CC66ADC4AD57AD-3D0C-31B8@webmail-m050.sysops.aol.com> Message-ID: <4a25efec1001181555g297f13f7md8653c49394645e7@mail.gmail.com> Well, what about locking up a house on contract with the option to sell it to another individual. wouldnt I then be able to hold the 5 day sale to find a buyer I can sell the home to? Is that skirting the law? Is there anything wrong with that? It seems legit to me. I mean assignments and IEE's are done all the time in my area. Cant this just be another method of finding a buyer for me to sell the home to? I would hate to use this 5 day-method as an investor in the hopes of trying to find the highest price and then get in legal trouble for it. Because right now that is the way I understand it. That I can not use this method if I only have the house on contract. Is this true? On Mon, Jan 18, 2010 at 4:33 PM, wrote: > Shane, > You are *hillarious*. Guess who my business partner was for the last 5 > years? I'll give you a hint his ititials are G.C. My emaill address is one > from a long time ago and there is no hidden message. I grew up on Long Beach > Island hence LBI and the first 3 letter of my name and my nickname is CON. > > BTW I never told anyone that they couldn't do it. I told Jeff that he was > better off being licensed. Don't you think that hundreds of people have > already approched Bill about starting a consulting business. Guess why it > hasn't happened. > > CK > > > > > > > -----Original Message----- > From: Shane Weller > To: How To Sell Your Home in 5-Days < > 5-dayforum at mailman.howtosellyourhomein5days.com> > Sent: Sun, Jan 17, 2010 7:20 am > Subject: Re: [5-DayForum] Acting as a "pricing consultant" > > Jeff, > Do not let these people tell you it is not possible or that it is illegal. > That does not make any sense. Most importantly do not take advice from > anyone that has the name Ibicon. The name alone does not pass my own > personal "smell test". And I wouldnt take advice from a Realtor either. No > offense to any realtors out there, but they are all told what you CANT DO!! > Not what you can do. > > First of all there is a guy by the name of George Cappony that is doing it. > He is backed by Bill Effros. He has been featured on several major networks > including 20/20, Fox News, and others. So how can that guy run 5-day sales > in every state legally if he isnt a licensed REA in every state? See what I > mean? People are doing this, they are doing it without an REA license, and > they are doing it legally. > > Heck even in my town there are "investors" who are trying a similar method > of selling homes in 5-days. How they are doing it? I am not 100% sure. But > they are and if there was something wrong with what they were doing I am > sure they would have been fined or punished eons ago. And they are not > REA's! > > Now as for your idea on "pricing" a home. That is a new one. Maybe you can > run it under "Find out what the public would pay for your home" or "Fair > Market Analysis" and let the seller decide if he or she wants to sell the > home at the price that was determined. If they do, then they have a list of > people who are willing to pay that. > > I dont see anything wrong with helping a seller determine the price the > public is willing to pay for their home. Appraisers are fact junkies. Just > the facts. What is wrong with your home, what defects, etc. They miss facts > or values that others may possibly see in a home, like distance to work and > school, kitchen layout, gated area, etc. If it doesnt have a box that can be > checked on their form it doesnt have a "value". > > My point is this. There are values in a home that appraisers can not put in > their little appraisal forms. These are the values that real people see and > are willing to pay for. > > Dont listen to nay sayers. If it was not possible to conduct real estate > brokering without an REA license. Then there would be no such thing as Real > Estate Investors. > > I think REA's are so used to hearing what is not possible that they have > forgotten what is. Look into IEE's look into Assignments. Someone is doing > this and so can you. > > Best, > Shane > > On Sun, Jan 17, 2010 at 12:39 AM, James Fleming < > jamesfleming.realestate at gmail.com> wrote: > >> Jeff, >> >> I will respond to your question, not as an expert, not as a scholar, but >> based upon my own understanding of this subject after years as a Realtor and >> based upon checking with fellow Realtors in Texas, Florida, and Tennessee. >> >> As a former Texas Broker you know that in Texas, according to the Real >> Estate License Act, practicing real estate without an active license is a >> criminal offense; specifically, a Class A misdemeanor punishable by >> confinement of up to one year in a county jail and a fine of up to >> $4,000.00. Unlicensed activity in Florida can result in a first degree >> misdemeanor criminal charge and a fine up to $5,000. Similar consequences >> hold in Tennessee. On a related note, I was told that Florida in particular >> is cracking down on people who mistakenly think that taking options on >> properties constitutes taking an ownership interest and therefore excludes >> them from needing to be licensed. >> >> What constitutes practicing real estate? Each state has its own >> definition, but in general almost every activity connected with a real >> estate transaction, including negotiating a purchase or sale, or soliciting >> buyers and sellers, when performed for compensation, a commission, or a fee, >> or in the expectation of same, constitutes practicing real estate. >> >> Your contention that you can?t find any information anywhere that states >> that ?strictly pricing? a home is an act of real estate reserved only for >> brokers does have merit, however. In fact, that practice is reserved >> primarily for licensed appraisers. Although you call what you want to do >> ?strictly pricing? the home by finding the FMV, you are finding the FMV by >> conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may >> result in finding the FMV, is not the equivalent to ?strictly pricing? the >> home. It IS the equivalent to practicing real estate. >> >> All of this is solely my take on the issues. A forum such as this is >> great for sharing perspectives, tips, opinions, experiences, and so on. If >> you want more, and if you are still actively licensed in one of the states >> mentioned, the best place to get free legal analysis is through your >> association?s legal hotline. If you are not actively licensed, the other >> free alternative is to contact the respective departments of licensing in >> the states where you intend to conduct your 5 Day Pricings. The only place >> to get actual and actionable legal advice, covered by malpractice insurance, >> is from a lawyer who provides it to you, as a client, for a fee. >> >> Good luck in your quest for clarification. It sounds as though you?ve >> spent some time and effort looking into this. If it turns out that 5-day >> Pricings can be conducted in such a way that licensing is not required, >> there are loads of people around the country who would be interested in >> conducting them commercially in their areas and in hearing how to structure >> them to avoid prosecution. This could lead to a book for you, or even a >> franchise, if you come up with the right approach. >> >> Keep us posted. >> >> Jim F ? Realtor >> Vancouver WA >> >> ------------------------------ >> *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com@ >> mailman.howtosellyourhomein5days.com [mailto: >> 5-dayforum-bounces+jamesfleming.realestate<5-dayforum-bounces%2Bjamesfleming.realestate> >> =gmail.com at mailman.howtosellyourhomein5days.com] *On Behalf Of *Jeff >> Brown >> *Sent:* Saturday, January 16, 2010 3:42 PM >> >> *To:* 5-dayforum at howtosellyourhomein5days.com >> *Subject:* [5-DayForum] Acting as a "pricing consultant" >> >> Thanks to all for the comments. I have been a broker in Tennessee, Texas >> and Florida. So i understand license law...my only question here was: are we >> really "negotiating the sales price" for the seller by finding the FMV of >> their home?? I cant find any information anywhere that states that "strictly >> pricing" a home is an act of real estate reserved only for us lofty >> brokers?? We don't assist anymore after the price is reached at the end of >> the 5 days...The seller and possible buyer consummate their own deal! The >> highest bidder is not necessarily the Buyer in this case...its up to the >> seller to find his buyer and close the deal after the FMV is reached...As >> Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! >> >> >> _______________________________________________ >> 5-DayForum mailing list >> 5-DayForum at mailman.howtosellyourhomein5days.com >> >> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum >> >> > _______________________________________________ > 5-DayForum mailing list5-DayForum at mailman.howtosellyourhomein5days.comhttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/7172b8f7/attachment.html From janetislight at aol.com Mon Jan 18 19:33:29 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Mon, 18 Jan 2010 19:33:29 EST Subject: [5-DayForum] Lets be clear.... Message-ID: <3e91a.7c4b4460.388657d9@aol.com> Ok, here's the bottom line for me. If you don't need a license to basically bring buyer and seller together and negotiate a price.... then why do you EVER need a real estate license? Janet In a message dated 1/18/2010 4:10:19 P.M. Central Standard Time, tomhoffman at live.com writes: Hi Jeff, Now this is a really good question. I am licensed in Colorado and have helped a number of clients in other states conduct a 5 day sale. We can't legally talk about payments or compenstations due to the sherman anti-trust act. I am not aware of any state which prohibits an owner from selling their own properties. There is another profession other than real estate agents who are licensed that help owners sell their properties in every state. When I go out of state I interview local real estate attorneys and have the owners contact the one selected to handle the transaction. I do not write contracts nor negotiate any of the terms of the agreement. This is done between buyer, seller and attorney. In the state of Colorado I do negotiate between, buyers and sellers, write contracts and see the transaction to closing. These are the things I am qualified and licensed to do in this state. I do not actively seek sellers who are out of state. The ones I have helped have been referrals from those clients in Colorado who I have helped with their sales. The first suggestion I make to all of my clients is they buy Bill's book. Good luck. Tom Hoffman-Broker/Owner Top Priority Realty, LLC Licensed in Colorado ____________________________________ Date: Sun, 17 Jan 2010 12:56:50 -0700 From: shane.myko at gmail.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Lets be clear.... Conrad, How is it that you were able to "assist" people in NY,NJ,CT,MA,ME,TN,GA,S C,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. on the five day sale if you were only licensed in CA? I am guessing you helped all of these people out without compensation? And out of the goodness of your own heart? It almost sounds like a scam. I mean how is it that you are able to do this in so many states and not get penalized, but anyone else who does will be penalized? Not being sarcastic here, just trying to figure it out. Im not aware of many Realtors out there who have so much free time on their hands that they openly assist people in selling their homes for free. So whats the catch? How are you able to do this, but noone else is? On Sun, Jan 17, 2010 at 11:50 AM, <_lbicon at aol.com_ (mailto:lbicon at aol.com) > wrote: I was not disrespectful to you in any way. As for my credentials. My Co. has been featured on ABC's 20/20 program. I have interviewed by the NY Times and many other smaller newpapers. I have assisted countless people in many states doing a variation of the 5-day sale sale over the past 5 years.The states that I recall off the top of my head are NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. I am licensed in the state of CA. I am involved in a number of RE CORPS as a consultant. My present focus is on distressed RE and I am no longer doing "5-day sales" as a consultant. The investment groups that I am involved in far are more lucrative for me. You asked the question jokingly "Am I wrong?" I answered it. If you are licensed, then why are you asking questions about doing this being unlicensed? It really doen't matter what you think or I think or for that matter what the attorney that makes an opinion thinks. It only matters what the Attorney General in the state that the sale takes place thinks. As far as Bill Effros assisting other people goes. I don't think that I have ever seen him say he was COMPENSATED for that assistance. As far as your question is concerned, I have a question. The question that you are asking on this forum has been posed by about 100 or so people that complete a 5-day sale and are now "experts". I am always wondering why someone would want to be in the business of advising people on the sale of Real Estate or having a network of people advising people on Real Estate that are not licensed in that state. The most obvious answer is that they want to avoid being held accountable for their actions. Another answer might be that they do not even want to pass over the minimal bar of a state Real Estate licensing authority. I am not saying that they need to be REALTORS because that affiliation is expensive. Just licensed. As you might already have surmised, all of the discussion we are having is theoretical. The only way it will be actually tested is when someone who isn't satisfied with the service provided. The "client" will then try and figure out who to call to complain or even take further action. Who do you think that might be? in CA that would be the DRE that has a website for consumer complaints. Or it might be t the local Association of Realtors or the District Attorney. Guess where that would lead? Lastly, I am aware of a recent case in CA of an "Auction Consultant". He was convicted of "practicing RE without a license". He was sentenced to 5 years in a state prison and fined $200,000. On appeal the sentence was reduced to six months and the fine reduced to $50,000. He had been assisting as a "Marketing Consultant" on RE auction in the San Jose, CA. and was neither licensed as an Auctioneer or Real Estate Salesperson. ENOUGH OF THIS I HAVE TO WATCH THE VIKINGS WHIP UP ON THE COWBOYS AND HOPEFULLY THE CHARGERS WHIP UP ON THE JETS. BTW MY NAME IS MIKE SMITH....ON NO THATS NOT IT. IT'S CONRAD KUIKEN, RE Investor,Realtor, Loan Officer,Author........ -----Original Message----- From: _janetislight at aol.comadvising_ (mailto:janetislight at aol.comadvising) To: _5-dayforum at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum at m ailman.howtosellyourhomein5days.com) Sent: Sat, Jan 16, 2010 9:44 pm Subject: Re: [5-DayForum] Lets be clear.... I don't think he was being disrespectful as much as being direct. It you just took information and didn't conduct the round robin.... hmmmm maybe, depending on your state. I am not a broker or realtor so I really don't know, but yet I've been and investor for years. What you are saying just doesn't "smell" right. Janet In a message dated 1/16/2010 10:30:36 P.M. Central Standard Time, _jeff at brown.name_ (mailto:jeff at brown.name) writes: Ibicon, I don't think I ever said I was right. I posed a question and "brainstorm" to the forum for you experts to answer. Comments with a negative tone and being disrespectful to people that pose questions on the forum I don't think is the tone that is expected here. If you can back your statements with facts and experiences that too would be helpful. Going on a hunch as to what a lawyer will tell me is not good enough. Do you know the license laws in all 50 states? What are your credentials? We can all quote law to each other all day about this and that. We're all "experts" when it comes to what we can't do in life. Give me a personal experience you've had in regard to this. I do believe Bill mentioned in his book he has assisted many folk in doing these. Bill's not licensed according to his book. A little out-of-the-box thinking is all I was asking which is what this forum is all about. It was not my intention to ruffle any feathers to the point of disrespect. I think we can all agree to be a little more respectful to each others questions regardless of how stupid they may sound to scholars like you. By the way, is "Ibicon" your name? My name is Jeff Brown. Thanks Ibicon for your understanding. Peace. _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum_ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) ____________________________________ Your E-mail and More On-the-Go. Get Windows Live Hotmail Free. _Sign up now._ (http://clk.atdmt.com/GBL/go/196390709/direct/01/) = _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/9eaed0fe/attachment.html From lbicon at aol.com Mon Jan 18 19:47:47 2010 From: lbicon at aol.com (lbicon at aol.com) Date: Mon, 18 Jan 2010 19:47:47 -0500 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <4a25efec1001181555g297f13f7md8653c49394645e7@mail.gmail.com> References: <618391.20192.qm@web82502.mail.mud.yahoo.com><4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com><8CC66ADC4AD57AD-3D0C-31B8@webmail-m050.sysops.aol.com> <4a25efec1001181555g297f13f7md8653c49394645e7@mail.gmail.com> Message-ID: <8CC66B82796576F-3D0C-4235@webmail-m050.sysops.aol.com> Shane, I'm not sure I understand what you are asking. Your grammar is a little rough. There is a crackdown by law enforcement in some states on "investors" who are taking out options on homes without any true renumeration to the original seller and then reselling the property. I am not an attorney. The original question was about using the method and being paid for it. BTW there is a difference between being legal and legitimate. Have fun in whatever you want to do. Good Luck, CK -----Original Message----- From: Shane Weller To: How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com> Sent: Mon, Jan 18, 2010 3:55 pm Subject: Re: [5-DayForum] Acting as a "pricing consultant" Well, what about locking up a house on contract with the option to sell it to another individual. wouldnt I then be able to hold the 5 day sale to find a buyer I can sell the home to? Is that skirting the law? Is there anything wrong with that? It seems legit to me. I mean assignments and IEE's are done all the time in my area. Cant this just be another method of finding a buyer for me to sell the home to? I would hate to use this 5 day-method as an investor in the hopes of trying to find the highest price and then get in legal trouble for it. Because right now that is the way I understand it. That I can not use this method if I only have the house on contract. Is this true? On Mon, Jan 18, 2010 at 4:33 PM, wrote: Shane, You are hillarious. Guess who my business partner was for the last 5 years? I'll give you a hint his ititials are G.C. My emaill address is one from a long time ago and there is no hidden message. I grew up on Long Beach Island hence LBI and the first 3 letter of my name and my nickname is CON. BTW I never told anyone that they couldn't do it. I told Jeff that he was better off being licensed. Don't you think that hundreds of people have already approched Bill about starting a consulting business. Guess why it hasn't happened. CK -----Original Message----- From: Shane Weller To: How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com> Sent: Sun, Jan 17, 2010 7:20 am Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can?t find any information anywhere that states that ?strictly pricing? a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do ?strictly pricing? the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to ?strictly pricing? the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association?s legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you?ve spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F ? Realtor Vancouver WA From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ -DayForum mailing list -DayForum at mailman.howtosellyourhomein5days.com ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ -DayForum mailing list -DayForum at mailman.howtosellyourhomein5days.com ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/bb347751/attachment.html From lbicon at aol.com Mon Jan 18 19:55:56 2010 From: lbicon at aol.com (lbicon at aol.com) Date: Mon, 18 Jan 2010 19:55:56 -0500 Subject: [5-DayForum] Lets be clear.... In-Reply-To: <3e91a.7c4b4460.388657d9@aol.com> References: <3e91a.7c4b4460.388657d9@aol.com> Message-ID: <8CC66B94AA79356-3D0C-441C@webmail-m050.sysops.aol.com> Janet, Your clarity is refreshing. Well said. CK -----Original Message----- From: janetislight at aol.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Mon, Jan 18, 2010 4:33 pm Subject: Re: [5-DayForum] Lets be clear.... Ok, here's the bottom line for me. If you don't need a license to basically bring buyer and seller together and negotiate a price.... then why do you EVER need a real estate license? Janet In a message dated 1/18/2010 4:10:19 P.M. Central Standard Time, tomhoffman at live.com writes: Hi Jeff, Now this is a really good question. I am licensed in Colorado and have helped a number of clients in other states conduct a 5 day sale. We can't legally talk about payments or compenstations due to the sherman anti-trust act. I am not aware of any state which prohibits an owner from selling their own properties. There is another profession other than real estate agents who are licensed that help owners sell their properties in every state. When I go out of state I interview local real estate attorneys and have the owners contact the one selected to handle the transaction. I do not write contracts nor negotiate any of the terms of the agreement. This is done between buyer, seller and attorney. In the state of Colorado I do negotiate between, buyers and sellers, write contracts and see the transaction to closing. These are the things I am qualified and licensed to do in this state. I do not actively seek sellers who are out of state. The ones I have helped have been referrals from those clients in Colorado who I have helped with their sales. The first suggestion I make to all of my clients is they buy Bill's book. Good luck. Tom Hoffman-Broker/Owner Top Priority Realty, LLC Licensed in Colorado Date: Sun, 17 Jan 2010 12:56:50 -0700 From: shane.myko at gmail.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Lets be clear.... Conrad, How is it that you were able to "assist" people in NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. on the five day sale if you were only licensed in CA? I am guessing you helped all of these people out without compensation? And out of the goodness of your own heart? It almost sounds like a scam. I mean how is it that you are able to do this in so many states and not get penalized, but anyone else who does will be penalized? Not being sarcastic here, just trying to figure it out. Im not aware of many Realtors out there who have so much free time on their hands that they openly assist people in selling their homes for free. So whats the catch? How are you able to do this, but noone else is? On Sun, Jan 17, 2010 at 11:50 AM, wrote: I was not disrespectful to you in any way. As for my credentials. My Co. has been featured on ABC's 20/20 program. I have interviewed by the NY Times and many other smaller newpapers. I have assisted countless people in many states doing a variation of the 5-day sale sale over the past 5 years.The states that I recall off the top of my head are NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. I am licensed in the state of CA. I am involved in a number of RE CORPS as a consultant. My present focus is on distressed RE and I am no longer doing "5-day sales" as a consultant. The investment groups that I am involved in far are more lucrative for me. You asked the question jokingly "Am I wrong?" I answered it. If you are licensed, then why are you asking questions about doing this being unlicensed? It really doen't matter what you think or I think or for that matter what the attorney that makes an opinion thinks. It only matters what the Attorney General in the state that the sale takes place thinks. As far as Bill Effros assisting other people goes. I don't think that I have ever seen him say he was COMPENSATED for that assistance. As far as your question is concerned, I have a question. The question that you are asking on this forum has been posed by about 100 or so people that complete a 5-day sale and are now "experts". I am always wondering why someone would want to be in the business of advising people on the sale of Real Estate or having a network of people advising people on Real Estate that are not licensed in that state. The most obvious answer is that they want to avoid being held accountable for their actions. Another answer might be that they do not even want to pass over the minimal bar of a state Real Estate licensing authority. I am not saying that they need to be REALTORS because that affiliation is expensive. Just licensed. As you might already have surmised, all of the discussion we are having is theoretical. The only way it will be actually tested is when someone who isn't satisfied with the service provided. The "client" will then try and figure out who to call to complain or even take further action. Who do you think that might be? in CA that would be the DRE that has a website for consumer complaints. Or it might be t the local Association of Realtors or the District Attorney. Guess where that would lead? Lastly, I am aware of a recent case in CA of an "Auction Consultant". He was convicted of "practicing RE without a license". He was sentenced to 5 years in a state prison and fined $200,000. On appeal the sentence was reduced to six months and the fine reduced to $50,000. He had been assisting as a "Marketing Consultant" on RE auction in the San Jose, CA. and was neither licensed as an Auctioneer or Real Estate Salesperson. ENOUGH OF THIS I HAVE TO WATCH THE VIKINGS WHIP UP ON THE COWBOYS AND HOPEFULLY THE CHARGERS WHIP UP ON THE JETS. BTW MY NAME IS MIKE SMITH....ON NO THATS NOT IT. IT'S CONRAD KUIKEN, RE Investor,Realtor, Loan Officer,Author........ -----Original Message----- From: janetislight at aol.comadvising To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Sat, Jan 16, 2010 9:44 pm Subject: Re: [5-DayForum] Lets be clear.... I don't think he was being disrespectful as much as being direct. It you just took information and didn't conduct the round robin.... hmmmm maybe, depending on your state. I am not a broker or realtor so I really don't know, but yet I've been and investor for years. What you are saying just doesn't "smell" right. Janet In a message dated 1/16/2010 10:30:36 P.M. Central Standard Time, jeff at brown.name writes: Ibicon, I don't think I ever said I was right. I posed a question and "brainstorm" to the forum for you experts to answer. Comments with a negative tone and being disrespectful to people that pose questions on the forum I don't think is the tone that is expected here. If you can back your statements with facts and experiences that too would be helpful. Going on a hunch as to what a lawyer will tell me is not good enough. Do you know the license laws in all 50 states? What are your credentials? We can all quote law to each other all day about this and that. We're all "experts" when it comes to what we can't do in life. Give me a personal experience you've had in regard to this. I do believe Bill mentioned in his book he has assisted many folk in doing these. Bill's not licensed according to his book. A little out-of-the-box thinking is all I was asking which is what this forum is all about. It was not my intention to ruffle any feathers to the point of disrespect. I think we can all agree to be a little more respectful to each others questions regardless of how stupid they may sound to scholars like you. By the way, is "Ibicon" your name? My name is Jeff Brown. Thanks Ibicon for your understanding. Peace. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ -DayForum mailing list -DayForum at mailman.howtosellyourhomein5days.com ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum Your E-mail and More On-the-Go. Get Windows Live Hotmail Free. Sign up now. = _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ -DayForum mailing list -DayForum at mailman.howtosellyourhomein5days.com ttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/d2eca255/attachment.html From jamesfleming.realestate at gmail.com Mon Jan 18 20:11:06 2010 From: jamesfleming.realestate at gmail.com (James Fleming) Date: Mon, 18 Jan 2010 17:11:06 -0800 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com> References: <618391.20192.qm@web82502.mail.mud.yahoo.com> <4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com> Message-ID: <38AFAD67CE5F48568D99DA331533A688@JIMBIZ> Shane, George Cappony is backed by Bill Effros? I don't mean to sound critical, but I find that extremely difficult to believe. Where did you hear that? Jim F _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of Shane Weller Sent: Sunday, January 17, 2010 7:21 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can't find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do "strictly pricing" the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to "strictly pricing" the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association's legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you've spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate =gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/6186ede4/attachment.html From janetislight at aol.com Mon Jan 18 20:14:57 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Mon, 18 Jan 2010 20:14:57 EST Subject: [5-DayForum] Acting as a "pricing consultant" Message-ID: <3fb6b.34362d8d.38866191@aol.com> I am a real estate investor and own my properties. I'm a cash kind of gal, so what you are saying piqued my interest on how others do it. If you have the house on contract.... what do you mean. Did you buy it on contract, not closed on it and are selling the contract to another? As I understand it, if you buy say 10 dollars worth of a house, then you are clear. You have an interest in the property. This is an interesting topic! Janet In a message dated 1/18/2010 5:56:19 P.M. Central Standard Time, shane.myko at gmail.com writes: Well, what about locking up a house on contract with the option to sell it to another individual. wouldnt I then be able to hold the 5 day sale to find a buyer I can sell the home to? Is that skirting the law? Is there anything wrong with that? It seems legit to me. I mean assignments and IEE's are done all the time in my area. Cant this just be another method of finding a buyer for me to sell the home to? I would hate to use this 5 day-method as an investor in the hopes of trying to find the highest price and then get in legal trouble for it. Because right now that is the way I understand it. That I can not use this method if I only have the house on contract. Is this true? On Mon, Jan 18, 2010 at 4:33 PM, <_lbicon at aol.com_ (mailto:lbicon at aol.com) > wrote: Shane, You are hillarious. Guess who my business partner was for the last 5 years? I'll give you a hint his ititials are G.C. My emaill address is one from a long time ago and there is no hidden message. I grew up on Long Beach Island hence LBI and the first 3 letter of my name and my nickname is CON. BTW I never told anyone that they couldn't do it. I told Jeff that he was better off being licensed. Don't you think that hundreds of people have already approched Bill about starting a consulting business. Guess why it hasn't happened. CK -----Original Message----- From: Shane Weller <_shane.myko at gmail.com_ (mailto:shane.myko at gmail.com) > To: How To Sell Your Home in 5-Days <_5-dayforum at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum at mailman.howtosellyourhomein5days.com) > Sent: Sun, Jan 17, 2010 7:20 am Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming <_jamesfleming.realestate at gmail.com_ (mailto:jamesfleming.realestate at gmail.com) > wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can?t find any information anywhere that states that ?strictly pricing? a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do ? strictly pricing? the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to ?strictly pricing? the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association?s legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you?ve spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F ? Realtor Vancouver WA ____________________________________ From: 5-dayforum-bounces+jamesfleming.realestate=_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) [mailto:_5-dayforum-bounces+jamesfleming.realestate_ (mailto:5-dayforum-bounces+jamesfleming.realestate) =_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) ] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: _5-dayforum at howtosellyourhomein5days.com_ (mailto:5-dayforum at howtosellyourhomein5days.com) Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum_ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/3d8f412b/attachment-0001.html From shane.myko at gmail.com Mon Jan 18 22:43:56 2010 From: shane.myko at gmail.com (Shane Weller) Date: Mon, 18 Jan 2010 20:43:56 -0700 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <3fb6b.34362d8d.38866191@aol.com> References: <3fb6b.34362d8d.38866191@aol.com> Message-ID: <4a25efec1001181943g1e598fc7v1ff92a69057430f5@mail.gmail.com> Janet, Yes. that is exactly right. I am using a no money down technique. I bought it on contract and have not closed on it. I leave the contract open for 30 days with the option to purchase it myself, sell it to another individual, or walk away. This way I have time to find *my own* "end" buyer for the property before I buy it. Then I do a simultaneous closing where I buy the property from the seller and immediately sell it to my "end" buyer. I thought the 5day sale would be a more efficient way of finding a buyer and a sale price for properties that I lock up on contract. Now according to what I am reading on this forum people are getting fined and locked up in prison for doing this. It just doesnt make sense. When did the IEE become illegal? On Mon, Jan 18, 2010 at 6:14 PM, wrote: > I am a real estate investor and own my properties. I'm a cash kind of > gal, so what you are saying piqued my interest on how others do it. If you > have the house on contract.... what do you mean. Did you buy it on > contract, not closed on it and are selling the contract to another? As > I understand it, if you buy say 10 dollars worth of a house, then you are > clear. You have an interest in the property. > > This is an interesting topic! > > Janet > > In a message dated 1/18/2010 5:56:19 P.M. Central Standard Time, > shane.myko at gmail.com writes: > > Well, what about locking up a house on contract with the option to sell it > to another individual. wouldnt I then be able to hold the 5 day sale to find > a buyer I can sell the home to? Is that skirting the law? Is there anything > wrong with that? It seems legit to me. I mean assignments and IEE's are done > all the time in my area. Cant this just be another method of finding a buyer > for me to sell the home to? > > I would hate to use this 5 day-method as an investor in the hopes of trying > to find the highest price and then get in legal trouble for it. Because > right now that is the way I understand it. That I can not use this method if > I only have the house on contract. Is this true? > > > > On Mon, Jan 18, 2010 at 4:33 PM, wrote: > >> Shane, >> You are *hillarious*. Guess who my business partner was for the last 5 >> years? I'll give you a hint his ititials are G.C. My emaill address is one >> from a long time ago and there is no hidden message. I grew up on Long Beach >> Island hence LBI and the first 3 letter of my name and my nickname is CON. >> >> BTW I never told anyone that they couldn't do it. I told Jeff that he was >> better off being licensed. Don't you think that hundreds of people have >> already approched Bill about starting a consulting business. Guess why it >> hasn't happened. >> >> CK >> >> >> >> >> >> >> -----Original Message----- >> From: Shane Weller >> To: How To Sell Your Home in 5-Days < >> 5-dayforum at mailman.howtosellyourhomein5days.com> >> Sent: Sun, Jan 17, 2010 7:20 am >> Subject: Re: [5-DayForum] Acting as a "pricing consultant" >> >> Jeff, >> Do not let these people tell you it is not possible or that it is illegal. >> That does not make any sense. Most importantly do not take advice from >> anyone that has the name Ibicon. The name alone does not pass my own >> personal "smell test". And I wouldnt take advice from a Realtor either. No >> offense to any realtors out there, but they are all told what you CANT DO!! >> Not what you can do. >> >> First of all there is a guy by the name of George Cappony that is doing >> it. He is backed by Bill Effros. He has been featured on several major >> networks including 20/20, Fox News, and others. So how can that guy run >> 5-day sales in every state legally if he isnt a licensed REA in every state? >> See what I mean? People are doing this, they are doing it without an REA >> license, and they are doing it legally. >> >> Heck even in my town there are "investors" who are trying a similar method >> of selling homes in 5-days. How they are doing it? I am not 100% sure. But >> they are and if there was something wrong with what they were doing I am >> sure they would have been fined or punished eons ago. And they are not >> REA's! >> >> Now as for your idea on "pricing" a home. That is a new one. Maybe you can >> run it under "Find out what the public would pay for your home" or "Fair >> Market Analysis" and let the seller decide if he or she wants to sell the >> home at the price that was determined. If they do, then they have a list of >> people who are willing to pay that. >> >> I dont see anything wrong with helping a seller determine the price the >> public is willing to pay for their home. Appraisers are fact junkies. Just >> the facts. What is wrong with your home, what defects, etc. They miss facts >> or values that others may possibly see in a home, like distance to work and >> school, kitchen layout, gated area, etc. If it doesnt have a box that can be >> checked on their form it doesnt have a "value". >> >> My point is this. There are values in a home that appraisers can not put >> in their little appraisal forms. These are the values that real people see >> and are willing to pay for. >> >> Dont listen to nay sayers. If it was not possible to conduct real estate >> brokering without an REA license. Then there would be no such thing as Real >> Estate Investors. >> >> I think REA's are so used to hearing what is not possible that they have >> forgotten what is. Look into IEE's look into Assignments. Someone is doing >> this and so can you. >> >> Best, >> Shane >> >> On Sun, Jan 17, 2010 at 12:39 AM, James Fleming < >> jamesfleming.realestate at gmail.com> wrote: >> >>> Jeff, >>> >>> I will respond to your question, not as an expert, not as a scholar, but >>> based upon my own understanding of this subject after years as a Realtor and >>> based upon checking with fellow Realtors in Texas, Florida, and Tennessee. >>> >>> As a former Texas Broker you know that in Texas, according to the Real >>> Estate License Act, practicing real estate without an active license is a >>> criminal offense; specifically, a Class A misdemeanor punishable by >>> confinement of up to one year in a county jail and a fine of up to >>> $4,000.00. Unlicensed activity in Florida can result in a first degree >>> misdemeanor criminal charge and a fine up to $5,000. Similar consequences >>> hold in Tennessee. On a related note, I was told that Florida in particular >>> is cracking down on people who mistakenly think that taking options on >>> properties constitutes taking an ownership interest and therefore excludes >>> them from needing to be licensed. >>> >>> What constitutes practicing real estate? Each state has its own >>> definition, but in general almost every activity connected with a real >>> estate transaction, including negotiating a purchase or sale, or soliciting >>> buyers and sellers, when performed for compensation, a commission, or a fee, >>> or in the expectation of same, constitutes practicing real estate. >>> >>> Your contention that you can?t find any information anywhere that states >>> that ?strictly pricing? a home is an act of real estate reserved only for >>> brokers does have merit, however. In fact, that practice is reserved >>> primarily for licensed appraisers. Although you call what you want to do >>> ?strictly pricing? the home by finding the FMV, you are finding the FMV by >>> conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may >>> result in finding the FMV, is not the equivalent to ?strictly pricing? the >>> home. It IS the equivalent to practicing real estate. >>> >>> All of this is solely my take on the issues. A forum such as this is >>> great for sharing perspectives, tips, opinions, experiences, and so on. If >>> you want more, and if you are still actively licensed in one of the states >>> mentioned, the best place to get free legal analysis is through your >>> association?s legal hotline. If you are not actively licensed, the other >>> free alternative is to contact the respective departments of licensing in >>> the states where you intend to conduct your 5 Day Pricings. The only place >>> to get actual and actionable legal advice, covered by malpractice insurance, >>> is from a lawyer who provides it to you, as a client, for a fee. >>> >>> Good luck in your quest for clarification. It sounds as though you?ve >>> spent some time and effort looking into this. If it turns out that 5-day >>> Pricings can be conducted in such a way that licensing is not required, >>> there are loads of people around the country who would be interested in >>> conducting them commercially in their areas and in hearing how to structure >>> them to avoid prosecution. This could lead to a book for you, or even a >>> franchise, if you come up with the right approach. >>> >>> Keep us posted. >>> >>> Jim F ? Realtor >>> Vancouver WA >>> >>> ------------------------------ >>> *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com@ >>> mailman.howtosellyourhomein5days.com [mailto: >>> 5-dayforum-bounces+jamesfleming.realestate<5-dayforum-bounces%2Bjamesfleming.realestate> >>> =gmail.com at mailman.howtosellyourhomein5days.com] *On Behalf Of *Jeff >>> Brown >>> *Sent:* Saturday, January 16, 2010 3:42 PM >>> >>> *To:* 5-dayforum at howtosellyourhomein5days.com >>> *Subject:* [5-DayForum] Acting as a "pricing consultant" >>> >>> Thanks to all for the comments. I have been a broker in Tennessee, >>> Texas and Florida. So i understand license law...my only question here was: >>> are we really "negotiating the sales price" for the seller by finding the >>> FMV of their home?? I cant find any information anywhere that states that >>> "strictly pricing" a home is an act of real estate reserved only for us >>> lofty brokers?? We don't assist anymore after the price is reached at the >>> end of the 5 days...The seller and possible buyer consummate their own deal! >>> The highest bidder is not necessarily the Buyer in this case...its up to the >>> seller to find his buyer and close the deal after the FMV is reached...As >>> Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! >>> >>> >>> _______________________________________________ >>> 5-DayForum mailing list >>> 5-DayForum at mailman.howtosellyourhomein5days.com >>> >>> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum >>> >>> >> _______________________________________________ >> 5-DayForum mailing list5-DayForum at mailman.howtosellyourhomein5days.comhttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum >> >> >> _______________________________________________ >> 5-DayForum mailing list >> 5-DayForum at mailman.howtosellyourhomein5days.com >> >> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum >> >> > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/41a275ed/attachment.html From shane.myko at gmail.com Mon Jan 18 22:53:11 2010 From: shane.myko at gmail.com (Shane Weller) Date: Mon, 18 Jan 2010 20:53:11 -0700 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <38AFAD67CE5F48568D99DA331533A688@JIMBIZ> References: <618391.20192.qm@web82502.mail.mud.yahoo.com> <4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com> <38AFAD67CE5F48568D99DA331533A688@JIMBIZ> Message-ID: <4a25efec1001181953x3885ee86p5f07f523b35f63a1@mail.gmail.com> Jim. I apologize "backed" was not the correct word. I should have used the phrase: "Effros hand-selected George as the national guru for this method 11 years ago." This is according to Cappony's website: http://www.5-daysale.com/learn/bio.htm Best, Shane On Mon, Jan 18, 2010 at 6:11 PM, James Fleming < jamesfleming.realestate at gmail.com> wrote: > Shane, > > > > George Cappony is backed by Bill Effros? I don?t mean to sound critical, > but I find that extremely difficult to believe. Where did you hear that? > > > > Jim F > > > ------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com@ > mailman.howtosellyourhomein5days.com [mailto: > 5-dayforum-bounces+jamesfleming.realestate<5-dayforum-bounces%2Bjamesfleming.realestate> > =gmail.com at mailman.howtosellyourhomein5days.com] *On Behalf Of *Shane > Weller > *Sent:* Sunday, January 17, 2010 7:21 AM > > *To:* How To Sell Your Home in 5-Days > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Jeff, > Do not let these people tell you it is not possible or that it is illegal. > That does not make any sense. Most importantly do not take advice from > anyone that has the name Ibicon. The name alone does not pass my own > personal "smell test". And I wouldnt take advice from a Realtor either. No > offense to any realtors out there, but they are all told what you CANT DO!! > Not what you can do. > > First of all there is a guy by the name of George Cappony that is doing it. > He is backed by Bill Effros. He has been featured on several major networks > including 20/20, Fox News, and others. So how can that guy run 5-day sales > in every state legally if he isnt a licensed REA in every state? See what I > mean? People are doing this, they are doing it without an REA license, and > they are doing it legally. > > Heck even in my town there are "investors" who are trying a similar method > of selling homes in 5-days. How they are doing it? I am not 100% sure. But > they are and if there was something wrong with what they were doing I am > sure they would have been fined or punished eons ago. And they are not > REA's! > > Now as for your idea on "pricing" a home. That is a new one. Maybe you can > run it under "Find out what the public would pay for your home" or "Fair > Market Analysis" and let the seller decide if he or she wants to sell the > home at the price that was determined. If they do, then they have a list of > people who are willing to pay that. > > I dont see anything wrong with helping a seller determine the price the > public is willing to pay for their home. Appraisers are fact junkies. Just > the facts. What is wrong with your home, what defects, etc. They miss facts > or values that others may possibly see in a home, like distance to work and > school, kitchen layout, gated area, etc. If it doesnt have a box that can be > checked on their form it doesnt have a "value". > > My point is this. There are values in a home that appraisers can not put in > their little appraisal forms. These are the values that real people see and > are willing to pay for. > > Dont listen to nay sayers. If it was not possible to conduct real estate > brokering without an REA license. Then there would be no such thing as Real > Estate Investors. > > I think REA's are so used to hearing what is not possible that they have > forgotten what is. Look into IEE's look into Assignments. Someone is doing > this and so can you. > > Best, > Shane > > On Sun, Jan 17, 2010 at 12:39 AM, James Fleming < > jamesfleming.realestate at gmail.com> wrote: > > Jeff, > > > > I will respond to your question, not as an expert, not as a scholar, but > based upon my own understanding of this subject after years as a Realtor and > based upon checking with fellow Realtors in Texas, Florida, and Tennessee. > > > > As a former Texas Broker you know that in Texas, according to the Real > Estate License Act, practicing real estate without an active license is a > criminal offense; specifically, a Class A misdemeanor punishable by > confinement of up to one year in a county jail and a fine of up to > $4,000.00. Unlicensed activity in Florida can result in a first degree > misdemeanor criminal charge and a fine up to $5,000. Similar consequences > hold in Tennessee. On a related note, I was told that Florida in particular > is cracking down on people who mistakenly think that taking options on > properties constitutes taking an ownership interest and therefore excludes > them from needing to be licensed. > > > > What constitutes practicing real estate? Each state has its own > definition, but in general almost every activity connected with a real > estate transaction, including negotiating a purchase or sale, or soliciting > buyers and sellers, when performed for compensation, a commission, or a fee, > or in the expectation of same, constitutes practicing real estate. > > > > Your contention that you can?t find any information anywhere that states > that ?strictly pricing? a home is an act of real estate reserved only for > brokers does have merit, however. In fact, that practice is reserved > primarily for licensed appraisers. Although you call what you want to do > ?strictly pricing? the home by finding the FMV, you are finding the FMV by > conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may > result in finding the FMV, is not the equivalent to ?strictly pricing? the > home. It IS the equivalent to practicing real estate. > > > > All of this is solely my take on the issues. A forum such as this is great > for sharing perspectives, tips, opinions, experiences, and so on. If you > want more, and if you are still actively licensed in one of the states > mentioned, the best place to get free legal analysis is through your > association?s legal hotline. If you are not actively licensed, the other > free alternative is to contact the respective departments of licensing in > the states where you intend to conduct your 5 Day Pricings. The only place > to get actual and actionable legal advice, covered by malpractice insurance, > is from a lawyer who provides it to you, as a client, for a fee. > > > > Good luck in your quest for clarification. It sounds as though you?ve > spent some time and effort looking into this. If it turns out that 5-day > Pricings can be conducted in such a way that licensing is not required, > there are loads of people around the country who would be interested in > conducting them commercially in their areas and in hearing how to structure > them to avoid prosecution. This could lead to a book for you, or even a > franchise, if you come up with the right approach. > > > > Keep us posted. > > > > Jim F ? Realtor > > Vancouver WA > > > ------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com@ > mailman.howtosellyourhomein5days.com [mailto: > 5-dayforum-bounces+jamesfleming.realestate<5-dayforum-bounces%2Bjamesfleming.realestate> > =gmail.com at mailman.howtosellyourhomein5days.com] *On Behalf Of *Jeff Brown > *Sent:* Saturday, January 16, 2010 3:42 PM > > > *To:* 5-dayforum at howtosellyourhomein5days.com > *Subject:* [5-DayForum] Acting as a "pricing consultant" > > > > Thanks to all for the comments. I have been a broker in Tennessee, Texas > and Florida. So i understand license law...my only question here was: are we > really "negotiating the sales price" for the seller by finding the FMV of > their home?? I cant find any information anywhere that states that "strictly > pricing" a home is an act of real estate reserved only for us lofty > brokers?? We don't assist anymore after the price is reached at the end of > the 5 days...The seller and possible buyer consummate their own deal! The > highest bidder is not necessarily the Buyer in this case...its up to the > seller to find his buyer and close the deal after the FMV is reached...As > Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/63636cd6/attachment.html From tomhoffman at live.com Mon Jan 18 23:15:31 2010 From: tomhoffman at live.com (Tom Hoffman) Date: Mon, 18 Jan 2010 21:15:31 -0700 Subject: [5-DayForum] Lets be clear.... In-Reply-To: <8CC66B94AA79356-3D0C-441C@webmail-m050.sysops.aol.com> References: <3e91a.7c4b4460.388657d9@aol.com>, <8CC66B94AA79356-3D0C-441C@webmail-m050.sysops.aol.com> Message-ID: Janet, You do not need a license to bring a buyer and seller together. Anyone can introduce a potential buyer to a potential seller but if you are going to practice law even in a limited capacity as legislated by each state then I would highly suggest one get either a real estate license or become an attorney. Tom To: 5-dayforum at mailman.howtosellyourhomein5days.com Date: Mon, 18 Jan 2010 19:55:56 -0500 From: lbicon at aol.com Subject: Re: [5-DayForum] Lets be clear.... Janet, Your clarity is refreshing. Well said. CK -----Original Message----- From: janetislight at aol.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Mon, Jan 18, 2010 4:33 pm Subject: Re: [5-DayForum] Lets be clear.... Ok, here's the bottom line for me. If you don't need a license to basically bring buyer and seller together and negotiate a price.... then why do you EVER need a real estate license? Janet In a message dated 1/18/2010 4:10:19 P.M. Central Standard Time, tomhoffman at live.com writes: Hi Jeff, Now this is a really good question. I am licensed in Colorado and have helped a number of clients in other states conduct a 5 day sale. We can't legally talk about payments or compenstations due to the sherman anti-trust act. I am not aware of any state which prohibits an owner from selling their own properties. There is another profession other than real estate agents who are licensed that help owners sell their properties in every state. When I go out of state I interview local real estate attorneys and have the owners contact the one selected to handle the transaction. I do not write contracts nor negotiate any of the terms of the agreement. This is done between buyer, seller and attorney. In the state of Colorado I do negotiate between, buyers and sellers, write contracts and see the transaction to closing. These are the things I am qualified and licensed to do in this state. I do not actively seek sellers who are out of state. The ones I have helped have been referrals from those clients in Colorado who I have helped with their sales. The first suggestion I make to all of my clients is they buy Bill's book. Good luck. Tom Hoffman-Broker/Owner Top Priority Realty, LLC Licensed in Colorado Date: Sun, 17 Jan 2010 12:56:50 -0700 From: shane.myko at gmail.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Lets be clear.... Conrad, How is it that you were able to "assist" people in NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. on the five day sale if you were only licensed in CA? I am guessing you helped all of these people out without compensation? And out of the goodness of your own heart? It almost sounds like a scam. I mean how is it that you are able to do this in so many states and not get penalized, but anyone else who does will be penalized? Not being sarcastic here, just trying to figure it out. Im not aware of many Realtors out there who have so much free time on their hands that they openly assist people in selling their homes for free. So whats the catch? How are you able to do this, but noone else is? On Sun, Jan 17, 2010 at 11:50 AM, wrote: I was not disrespectful to you in any way. As for my credentials. My Co. has been featured on ABC's 20/20 program. I have interviewed by the NY Times and many other smaller newpapers. I have assisted countless people in many states doing a variation of the 5-day sale sale over the past 5 years.The states that I recall off the top of my head are NY,NJ,CT,MA,ME,TN,GA,SC,NC,FL,MS,AL,LA,TX,OH,IL,IN,MN,MI,WI,CO,CA,AZ,OR, AND WA. I am licensed in the state of CA. I am involved in a number of RE CORPS as a consultant. My present focus is on distressed RE and I am no longer doing "5-day sales" as a consultant. The investment groups that I am involved in far are more lucrative for me. You asked the question jokingly "Am I wrong?" I answered it. If you are licensed, then why are you asking questions about doing this being unlicensed? It really doen't matter what you think or I think or for that matter what the attorney that makes an opinion thinks. It only matters what the Attorney General in the state that the sale takes place thinks. As far as Bill Effros assisting other people goes. I don't think that I have ever seen him say he was COMPENSATED for that assistance. As far as your question is concerned, I have a question. The question that you are asking on this forum has been posed by about 100 or so people that complete a 5-day sale and are now "experts". I am always wondering why someone would want to be in the business of advising people on the sale of Real Estate or having a network of people advising people on Real Estate that are not licensed in that state. The most obvious answer is that they want to avoid being held accountable for their actions. Another answer might be that they do not even want to pass over the minimal bar of a state Real Estate licensing authority. I am not saying that they need to be REALTORS because that affiliation is expensive. Just licensed. As you might already have surmised, all of the discussion we are having is theoretical. The only way it will be actually tested is when someone who isn't satisfied with the service provided. The "client" will then try and figure out who to call to complain or even take further action. Who do you think that might be? in CA that would be the DRE that has a website for consumer complaints. Or it might be t the local Association of Realtors or the District Attorney. Guess where that would lead? Lastly, I am aware of a recent case in CA of an "Auction Consultant". He was convicted of "practicing RE without a license". He was sentenced to 5 years in a state prison and fined $200,000. On appeal the sentence was reduced to six months and the fine reduced to $50,000. He had been assisting as a "Marketing Consultant" on RE auction in the San Jose, CA. and was neither licensed as an Auctioneer or Real Estate Salesperson. ENOUGH OF THIS I HAVE TO WATCH THE VIKINGS WHIP UP ON THE COWBOYS AND HOPEFULLY THE CHARGERS WHIP UP ON THE JETS. BTW MY NAME IS MIKE SMITH....ON NO THATS NOT IT. IT'S CONRAD KUIKEN, RE Investor,Realtor, Loan Officer,Author........ -----Original Message----- From: janetislight at aol.comadvising To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Sat, Jan 16, 2010 9:44 pm Subject: Re: [5-DayForum] Lets be clear.... I don't think he was being disrespectful as much as being direct. It you just took information and didn't conduct the round robin.... hmmmm maybe, depending on your state. I am not a broker or realtor so I really don't know, but yet I've been and investor for years. What you are saying just doesn't "smell" right. Janet In a message dated 1/16/2010 10:30:36 P.M. Central Standard Time, jeff at brown.name writes: Ibicon, I don't think I ever said I was right. I posed a question and "brainstorm" to the forum for you experts to answer. Comments with a negative tone and being disrespectful to people that pose questions on the forum I don't think is the tone that is expected here. If you can back your statements with facts and experiences that too would be helpful. Going on a hunch as to what a lawyer will tell me is not good enough. Do you know the license laws in all 50 states? What are your credentials? We can all quote law to each other all day about this and that. We're all "experts" when it comes to what we can't do in life. Give me a personal experience you've had in regard to this. I do believe Bill mentioned in his book he has assisted many folk in doing these. Bill's not licensed according to his book. A little out-of-the-box thinking is all I was asking which is what this forum is all about. It was not my intention to ruffle any feathers to the point of disrespect. I think we can all agree to be a little more respectful to each others questions regardless of how stupid they may sound to scholars like you. By the way, is "Ibicon" your name? My name is Jeff Brown. Thanks Ibicon for your understanding. Peace. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum Your E-mail and More On-the-Go. Get Windows Live Hotmail Free. Sign up now. = _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _________________________________________________________________ Hotmail: Powerful Free email with security by Microsoft. http://clk.atdmt.com/GBL/go/196390710/direct/01/ -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/08992ba7/attachment.html From jamesfleming.realestate at gmail.com Tue Jan 19 00:51:32 2010 From: jamesfleming.realestate at gmail.com (James Fleming) Date: Mon, 18 Jan 2010 21:51:32 -0800 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <4a25efec1001181953x3885ee86p5f07f523b35f63a1@mail.gmail.com> References: <618391.20192.qm@web82502.mail.mud.yahoo.com><4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com><38AFAD67CE5F48568D99DA331533A688@JIMBIZ> <4a25efec1001181953x3885ee86p5f07f523b35f63a1@mail.gmail.com> Message-ID: <33F65FDD3B8547759607941EA6ABD0F2@JIMBIZ> Shane, Thanks for the heads up. I was not aware that Bill Effros endorsed/endorses George Cappony. George's site looks very interesting; I encourage anyone who hasn't visited it to do so. He seems to have taken Bill's system to a new level. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of Shane Weller Sent: Monday, January 18, 2010 7:53 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jim. I apologize "backed" was not the correct word. I should have used the phrase: "Effros hand-selected George as the national guru for this method 11 years ago." This is according to Cappony's website: http://www.5-daysale.com/learn/bio.htm Best, Shane On Mon, Jan 18, 2010 at 6:11 PM, James Fleming wrote: Shane, George Cappony is backed by Bill Effros? I don't mean to sound critical, but I find that extremely difficult to believe. Where did you hear that? Jim F _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate =gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Shane Weller Sent: Sunday, January 17, 2010 7:21 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can't find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do "strictly pricing" the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to "strictly pricing" the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association's legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you've spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate =gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/2c1bdb8f/attachment.html From shane.myko at gmail.com Tue Jan 19 01:00:50 2010 From: shane.myko at gmail.com (Shane Weller) Date: Mon, 18 Jan 2010 23:00:50 -0700 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <33F65FDD3B8547759607941EA6ABD0F2@JIMBIZ> References: <618391.20192.qm@web82502.mail.mud.yahoo.com> <4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com> <38AFAD67CE5F48568D99DA331533A688@JIMBIZ> <4a25efec1001181953x3885ee86p5f07f523b35f63a1@mail.gmail.com> <33F65FDD3B8547759607941EA6ABD0F2@JIMBIZ> Message-ID: <4a25efec1001182200s206225fbp9ca2af141ae7563f@mail.gmail.com> Yeah Jim, but how is that he is able to take it to the next level and not anyone else? How is it possible that he is not legally bound to the normal RE laws that you and I are bound to? What I am asking is, how is it alright for him to be a "consultant" in several states yet illegal for us to run the same game. Isnt he bringing together buyer and seller? Isnt he getting paid a fee for his services in finding a buyer and negotiating a price? How can he do this in states he is not licensed? How come we cant do the same thing. How can something like this be legal for one person but illegal for another? I just dont understand and that is what I am trying to get to the bottom of. On Mon, Jan 18, 2010 at 10:51 PM, James Fleming < jamesfleming.realestate at gmail.com> wrote: > Shane, > > > > Thanks for the heads up. I was not aware that Bill Effros > endorsed/endorses George Cappony. George?s site looks very interesting; I > encourage anyone who hasn?t visited it to do so. He seems to have taken > Bill?s system to a new level. > > > > Jim F ? Realtor > > Vancouver WA > > > ------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com@ > mailman.howtosellyourhomein5days.com [mailto: > 5-dayforum-bounces+jamesfleming.realestate<5-dayforum-bounces%2Bjamesfleming.realestate> > =gmail.com at mailman.howtosellyourhomein5days.com] *On Behalf Of *Shane > Weller > *Sent:* Monday, January 18, 2010 7:53 PM > > *To:* How To Sell Your Home in 5-Days > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Jim. > I apologize "backed" was not the correct word. I should have used the > phrase: > > "Effros hand-selected George as the national guru for this method 11 years > ago." > > This is according to Cappony's website: > http://www.5-daysale.com/learn/bio.htm > > Best, > Shane > > > > On Mon, Jan 18, 2010 at 6:11 PM, James Fleming < > jamesfleming.realestate at gmail.com> wrote: > > Shane, > > > > George Cappony is backed by Bill Effros? I don?t mean to sound critical, > but I find that extremely difficult to believe. Where did you hear that? > > > > Jim F > > > ------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com@ > mailman.howtosellyourhomein5days.com [mailto: > 5-dayforum-bounces+jamesfleming.realestate<5-dayforum-bounces%2Bjamesfleming.realestate> > =gmail.com at mailman.howtosellyourhomein5days.com] *On Behalf Of *Shane > Weller > *Sent:* Sunday, January 17, 2010 7:21 AM > > > *To:* How To Sell Your Home in 5-Days > > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Jeff, > Do not let these people tell you it is not possible or that it is illegal. > That does not make any sense. Most importantly do not take advice from > anyone that has the name Ibicon. The name alone does not pass my own > personal "smell test". And I wouldnt take advice from a Realtor either. No > offense to any realtors out there, but they are all told what you CANT DO!! > Not what you can do. > > First of all there is a guy by the name of George Cappony that is doing it. > He is backed by Bill Effros. He has been featured on several major networks > including 20/20, Fox News, and others. So how can that guy run 5-day sales > in every state legally if he isnt a licensed REA in every state? See what I > mean? People are doing this, they are doing it without an REA license, and > they are doing it legally. > > Heck even in my town there are "investors" who are trying a similar method > of selling homes in 5-days. How they are doing it? I am not 100% sure. But > they are and if there was something wrong with what they were doing I am > sure they would have been fined or punished eons ago. And they are not > REA's! > > Now as for your idea on "pricing" a home. That is a new one. Maybe you can > run it under "Find out what the public would pay for your home" or "Fair > Market Analysis" and let the seller decide if he or she wants to sell the > home at the price that was determined. If they do, then they have a list of > people who are willing to pay that. > > I dont see anything wrong with helping a seller determine the price the > public is willing to pay for their home. Appraisers are fact junkies. Just > the facts. What is wrong with your home, what defects, etc. They miss facts > or values that others may possibly see in a home, like distance to work and > school, kitchen layout, gated area, etc. If it doesnt have a box that can be > checked on their form it doesnt have a "value". > > My point is this. There are values in a home that appraisers can not put in > their little appraisal forms. These are the values that real people see and > are willing to pay for. > > Dont listen to nay sayers. If it was not possible to conduct real estate > brokering without an REA license. Then there would be no such thing as Real > Estate Investors. > > I think REA's are so used to hearing what is not possible that they have > forgotten what is. Look into IEE's look into Assignments. Someone is doing > this and so can you. > > Best, > Shane > > On Sun, Jan 17, 2010 at 12:39 AM, James Fleming < > jamesfleming.realestate at gmail.com> wrote: > > Jeff, > > > > I will respond to your question, not as an expert, not as a scholar, but > based upon my own understanding of this subject after years as a Realtor and > based upon checking with fellow Realtors in Texas, Florida, and Tennessee. > > > > As a former Texas Broker you know that in Texas, according to the Real > Estate License Act, practicing real estate without an active license is a > criminal offense; specifically, a Class A misdemeanor punishable by > confinement of up to one year in a county jail and a fine of up to > $4,000.00. Unlicensed activity in Florida can result in a first degree > misdemeanor criminal charge and a fine up to $5,000. Similar consequences > hold in Tennessee. On a related note, I was told that Florida in particular > is cracking down on people who mistakenly think that taking options on > properties constitutes taking an ownership interest and therefore excludes > them from needing to be licensed. > > > > What constitutes practicing real estate? Each state has its own > definition, but in general almost every activity connected with a real > estate transaction, including negotiating a purchase or sale, or soliciting > buyers and sellers, when performed for compensation, a commission, or a fee, > or in the expectation of same, constitutes practicing real estate. > > > > Your contention that you can?t find any information anywhere that states > that ?strictly pricing? a home is an act of real estate reserved only for > brokers does have merit, however. In fact, that practice is reserved > primarily for licensed appraisers. Although you call what you want to do > ?strictly pricing? the home by finding the FMV, you are finding the FMV by > conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may > result in finding the FMV, is not the equivalent to ?strictly pricing? the > home. It IS the equivalent to practicing real estate. > > > > All of this is solely my take on the issues. A forum such as this is great > for sharing perspectives, tips, opinions, experiences, and so on. If you > want more, and if you are still actively licensed in one of the states > mentioned, the best place to get free legal analysis is through your > association?s legal hotline. If you are not actively licensed, the other > free alternative is to contact the respective departments of licensing in > the states where you intend to conduct your 5 Day Pricings. The only place > to get actual and actionable legal advice, covered by malpractice insurance, > is from a lawyer who provides it to you, as a client, for a fee. > > > > Good luck in your quest for clarification. It sounds as though you?ve > spent some time and effort looking into this. If it turns out that 5-day > Pricings can be conducted in such a way that licensing is not required, > there are loads of people around the country who would be interested in > conducting them commercially in their areas and in hearing how to structure > them to avoid prosecution. This could lead to a book for you, or even a > franchise, if you come up with the right approach. > > > > Keep us posted. > > > > Jim F ? Realtor > > Vancouver WA > > > ------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com@ > mailman.howtosellyourhomein5days.com [mailto: > 5-dayforum-bounces+jamesfleming.realestate<5-dayforum-bounces%2Bjamesfleming.realestate> > =gmail.com at mailman.howtosellyourhomein5days.com] *On Behalf Of *Jeff Brown > *Sent:* Saturday, January 16, 2010 3:42 PM > > > *To:* 5-dayforum at howtosellyourhomein5days.com > *Subject:* [5-DayForum] Acting as a "pricing consultant" > > > > Thanks to all for the comments. I have been a broker in Tennessee, Texas > and Florida. So i understand license law...my only question here was: are we > really "negotiating the sales price" for the seller by finding the FMV of > their home?? I cant find any information anywhere that states that "strictly > pricing" a home is an act of real estate reserved only for us lofty > brokers?? We don't assist anymore after the price is reached at the end of > the 5 days...The seller and possible buyer consummate their own deal! The > highest bidder is not necessarily the Buyer in this case...its up to the > seller to find his buyer and close the deal after the FMV is reached...As > Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/38527760/attachment.html From jamesfleming.realestate at gmail.com Tue Jan 19 01:36:41 2010 From: jamesfleming.realestate at gmail.com (James Fleming) Date: Mon, 18 Jan 2010 22:36:41 -0800 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <4a25efec1001182200s206225fbp9ca2af141ae7563f@mail.gmail.com> References: <618391.20192.qm@web82502.mail.mud.yahoo.com><4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com><38AFAD67CE5F48568D99DA331533A688@JIMBIZ><4a25efec1001181953x3885ee86p5f07f523b35f63a1@mail.gmail.com><33F65FDD3B8547759607941EA6ABD0F2@JIMBIZ> <4a25efec1001182200s206225fbp9ca2af141ae7563f@mail.gmail.com> Message-ID: <25B223C084D24D5DAE658763582CA083@JIMBIZ> Shane, He must comply with the law just like the rest of us. In going through his site, he appears to do just that. He charges his fees for products and consulting services. He does not find a buyer or negotiate a price. Check out http://www.5-daysale.com/products/index.php for the products that he sells: Bill's book for $10 a copy, yard signs starting at $595, sign spinners for $225, an online control panel with access to George's database of forms and information starting at $599, custom "site specific" 5-day websites starting at $749, direct mail campaigns starting at $695, direct post card campaigns starting at $1,195, and so on. I didn't see the rate, but following a free 30-minute consultation, he probably also charges for his consulting and coaching. My guess is that if you want to do something along these lines, and don't violate any copyrights of Bill's or George's, you will be fine. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of Shane Weller Sent: Monday, January 18, 2010 10:01 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Yeah Jim, but how is that he is able to take it to the next level and not anyone else? How is it possible that he is not legally bound to the normal RE laws that you and I are bound to? What I am asking is, how is it alright for him to be a "consultant" in several states yet illegal for us to run the same game. Isnt he bringing together buyer and seller? Isnt he getting paid a fee for his services in finding a buyer and negotiating a price? How can he do this in states he is not licensed? How come we cant do the same thing. How can something like this be legal for one person but illegal for another? I just dont understand and that is what I am trying to get to the bottom of. On Mon, Jan 18, 2010 at 10:51 PM, James Fleming wrote: Shane, Thanks for the heads up. I was not aware that Bill Effros endorsed/endorses George Cappony. George's site looks very interesting; I encourage anyone who hasn't visited it to do so. He seems to have taken Bill's system to a new level. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate =gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Shane Weller Sent: Monday, January 18, 2010 7:53 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jim. I apologize "backed" was not the correct word. I should have used the phrase: "Effros hand-selected George as the national guru for this method 11 years ago." This is according to Cappony's website: http://www.5-daysale.com/learn/bio.htm Best, Shane On Mon, Jan 18, 2010 at 6:11 PM, James Fleming wrote: Shane, George Cappony is backed by Bill Effros? I don't mean to sound critical, but I find that extremely difficult to believe. Where did you hear that? Jim F _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate =gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Shane Weller Sent: Sunday, January 17, 2010 7:21 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can't find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do "strictly pricing" the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to "strictly pricing" the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association's legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you've spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate =gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100118/9f7422ae/attachment.html From rosemarie-fred at mindspring.com Tue Jan 19 07:02:21 2010 From: rosemarie-fred at mindspring.com (Rosemarie Belcher) Date: Tue, 19 Jan 2010 07:02:21 -0500 Subject: [5-DayForum] Acting as a "pricing consultant" References: <618391.20192.qm@web82502.mail.mud.yahoo.com><4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com><38AFAD67CE5F48568D99DA331533A688@JIMBIZ><4a25efec1001181953x3885ee86p5f07f523b35f63a1@mail.gmail.com> <33F65FDD3B8547759607941EA6ABD0F2@JIMBIZ> Message-ID: <8106D3226CEE45278C93437EC72C4988@rosemarifv6onv> I hope Bill will weigh in on this one, but my understanding is that he does NOT endorse George Cappony. Rosemarie ----- Original Message ----- From: James Fleming To: 'How To Sell Your Home in 5-Days' Sent: Tuesday, January 19, 2010 12:51 AM Subject: Re: [5-DayForum] Acting as a "pricing consultant" Shane, Thanks for the heads up. I was not aware that Bill Effros endorsed/endorses George Cappony. George's site looks very interesting; I encourage anyone who hasn't visited it to do so. He seems to have taken Bill's system to a new level. Jim F - Realtor Vancouver WA ------------------------------------------------------------------------------ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Shane Weller Sent: Monday, January 18, 2010 7:53 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jim. I apologize "backed" was not the correct word. I should have used the phrase: "Effros hand-selected George as the national guru for this method 11 years ago." This is according to Cappony's website: http://www.5-daysale.com/learn/bio.htm Best, Shane On Mon, Jan 18, 2010 at 6:11 PM, James Fleming wrote: Shane, George Cappony is backed by Bill Effros? I don't mean to sound critical, but I find that extremely difficult to believe. Where did you hear that? Jim F ------------------------------------------------------------------------------ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Shane Weller Sent: Sunday, January 17, 2010 7:21 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can't find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do "strictly pricing" the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to "strictly pricing" the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association's legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you've spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F - Realtor Vancouver WA ------------------------------------------------------------------------------ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum ------------------------------------------------------------------------------ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100119/96a9b9da/attachment.html From janetislight at aol.com Tue Jan 19 10:38:26 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Tue, 19 Jan 2010 10:38:26 EST Subject: [5-DayForum] Acting as a "pricing consultant" Message-ID: <5862.1be11205.38872bf2@aol.com> I have no idea, so I'm just going to keep reading. LOL Good Luck! Janet In a message dated 1/18/2010 9:47:39 P.M. Central Standard Time, shane.myko at gmail.com writes: Janet, Yes. that is exactly right. I am using a no money down technique. I bought it on contract and have not closed on it. I leave the contract open for 30 days with the option to purchase it myself, sell it to another individual, or walk away. This way I have time to find my own "end" buyer for the property before I buy it. Then I do a simultaneous closing where I buy the property from the seller and immediately sell it to my "end" buyer. I thought the 5day sale would be a more efficient way of finding a buyer and a sale price for properties that I lock up on contract. Now according to what I am reading on this forum people are getting fined and locked up in prison for doing this. It just doesnt make sense. When did the IEE become illegal? On Mon, Jan 18, 2010 at 6:14 PM, <_janetislight at aol.com_ (mailto:janetislight at aol.com) > wrote: I am a real estate investor and own my properties. I'm a cash kind of gal, so what you are saying piqued my interest on how others do it. If you have the house on contract.... what do you mean. Did you buy it on contract, not closed on it and are selling the contract to another? As I understand it, if you buy say 10 dollars worth of a house, then you are clear. You have an interest in the property. This is an interesting topic! Janet In a message dated 1/18/2010 5:56:19 P.M. Central Standard Time, _shane.myko at gmail.com_ (mailto:shane.myko at gmail.com) writes: Well, what about locking up a house on contract with the option to sell it to another individual. wouldnt I then be able to hold the 5 day sale to find a buyer I can sell the home to? Is that skirting the law? Is there anything wrong with that? It seems legit to me. I mean assignments and IEE's are done all the time in my area. Cant this just be another method of finding a buyer for me to sell the home to? I would hate to use this 5 day-method as an investor in the hopes of trying to find the highest price and then get in legal trouble for it. Because right now that is the way I understand it. That I can not use this method if I only have the house on contract. Is this true? On Mon, Jan 18, 2010 at 4:33 PM, <_lbicon at aol.com_ (mailto:lbicon at aol.com) > wrote: Shane, You are hillarious. Guess who my business partner was for the last 5 years? I'll give you a hint his ititials are G.C. My emaill address is one from a long time ago and there is no hidden message. I grew up on Long Beach Island hence LBI and the first 3 letter of my name and my nickname is CON. BTW I never told anyone that they couldn't do it. I told Jeff that he was better off being licensed. Don't you think that hundreds of people have already approched Bill about starting a consulting business. Guess why it hasn't happened. CK -----Original Message----- From: Shane Weller <_shane.myko at gmail.com_ (mailto:shane.myko at gmail.com) > To: How To Sell Your Home in 5-Days <_5-dayforum at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum at mailman.howtosellyourhomein5days.com) > Sent: Sun, Jan 17, 2010 7:20 am Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming <_jamesfleming.realestate at gmail.com_ (mailto:jamesfleming.realestate at gmail.com) > wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can?t find any information anywhere that states that ?strictly pricing? a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do ? strictly pricing? the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to ?strictly pricing? the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association?s legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you?ve spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F ? Realtor Vancouver WA ____________________________________ From: 5-dayforum-bounces+jamesfleming.realestate=_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) [mailto:_5-dayforum-bounces+jamesfleming.realestate_ (mailto:5-dayforum-bounces+jamesfleming.realestate) =_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) ] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: _5-dayforum at howtosellyourhomein5days.com_ (mailto:5-dayforum at howtosellyourhomein5days.com) Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum_ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100119/66dc4e20/attachment.html From janetislight at aol.com Tue Jan 19 10:51:20 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Tue, 19 Jan 2010 10:51:20 EST Subject: [5-DayForum] Acting as a "pricing consultant" Message-ID: <5f7a.584fe29a.38872ef8@aol.com> I think before Bill "weighs in" on George Cappony, a conversation with his lawyer would need to happen. Just saying others are out doing similar things, but to name a name? Not smart. Janet In a message dated 1/19/2010 6:03:32 A.M. Central Standard Time, rosemarie-fred at mindspring.com writes: I hope Bill will weigh in on this one, but my understanding is that he does NOT endorse George Cappony. Rosemarie ----- Original Message ----- From: _James Fleming_ (mailto:jamesfleming.realestate at gmail.com) To: _'How To Sell Your Home in 5-Days'_ (mailto:5-dayforum at mailman.howtosellyourhomein5days.com) Sent: Tuesday, January 19, 2010 12:51 AM Subject: Re: [5-DayForum] Acting as a "pricing consultant" Shane, Thanks for the heads up. I was not aware that Bill Effros endorsed/endorses George Cappony. George?s site looks very interesting; I encourage anyone who hasn?t visited it to do so. He seems to have taken Bill?s system to a new level. Jim F ? Realtor Vancouver WA ____________________________________ From: _5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com) [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Shane Weller Sent: Monday, January 18, 2010 7:53 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jim. I apologize "backed" was not the correct word. I should have used the phrase: "Effros hand-selected George as the national guru for this method 11 years ago." This is according to Cappony's website: _http://www.5-daysale.com/learn/bio.htm_ (http://www.5-daysale.com/learn/bio.htm) Best, Shane On Mon, Jan 18, 2010 at 6:11 PM, James Fleming <_jamesfleming.realestate at gmail.com_ (mailto:jamesfleming.realestate at gmail.com) > wrote: Shane, George Cappony is backed by Bill Effros? I don?t mean to sound critical, but I find that extremely difficult to believe. Where did you hear that? Jim F ____________________________________ From: 5-dayforum-bounces+jamesfleming.realestate=_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) [mailto:_5-dayforum-bounces+jamesfleming.realestate_ (mailto:5-dayforum-bounces+jamesfleming.realestate) =_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) ] On Behalf Of Shane Weller Sent: Sunday, January 17, 2010 7:21 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming <_jamesfleming.realestate at gmail.com_ (mailto:jamesfleming.realestate at gmail.com) > wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can?t find any information anywhere that states that ?strictly pricing? a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do ? strictly pricing? the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to ?strictly pricing? the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association?s legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you?ve spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F ? Realtor Vancouver WA ____________________________________ From: 5-dayforum-bounces+jamesfleming.realestate=_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) [mailto:_5-dayforum-bounces+jamesfleming.realestate_ (mailto:5-dayforum-bounces+jamesfleming.realestate) =_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) ] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: _5-dayforum at howtosellyourhomein5days.com_ (mailto:5-dayforum at howtosellyourhomein5days.com) Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) ____________________________________ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100119/b0c5bd98/attachment-0001.html From bill at effros.com Tue Jan 19 13:28:14 2010 From: bill at effros.com (Bill Effros) Date: Tue, 19 Jan 2010 13:28:14 -0500 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <5f7a.584fe29a.38872ef8@aol.com> References: <5f7a.584fe29a.38872ef8@aol.com> Message-ID: <4B55F9BE.4090006@effros.com> Thanks, Janet and Rosemarie, I have not been following this thread. George called me several years ago to tell me he had taken down this site, and had stopped making these claims. He also said he was out of the 5-Day consulting business. I have neither the time nor the inclination to chase him down. Anyone who wants to know what I think about George Cappony and his methods should go to the early months of the archives and read our exchanges. Following is a sample: (George used a lot of proxies and fake email addresses--I can't tell you the speaker is George, and I can't tell you he put this writer up to joining this Forum, but I can tell you that unlike Janet, I DID throw him off this Forum, and I DID tell him not to return.) This is taken directly from the archive, May 19, 2007: Jamie, I'm glad you had a successful experience with George, and glad you have posted it to this Forum. That is what this Forum is for. George's sales frequently suffer from Buyer's remorse--as you have stated "the highest bidder dropped out, and the backups did not come through initially". This sometimes happens in 5-Day Sales run according to the book, but extremely rarely. In my opinion, George's method fails to locate the best buyer at the best price, and then tries to hammer both the buyers obtained and the seller into settling on a lower price than would have been obtained by using the 5-Day Method as presented in the book. This may result in a sale, but, in my opinion, and how can I prove it, ... let me say "based on my experience" ... the seller could have sold the home at a higher price if the 5-Day Method were exactly followed. Properly run 5-Day Sales don't need consultants. Reserves are not legal in many places when used the way you imply you used yours. You do not have to take any price you don't want. When I found out what people meant by the phrase "He guided us to through negotiations and got us to our reserve" I was, quite frankly, appalled. You may not mean it in the same way it has been explained to me by others. What do you mean by that phrase? Is it something you are prepared to specify in an open Forum? Or is it something you suspect may be illegal or immoral? This is my problem with George's modifications, and this is my publisher's problem with George's modifications. We both want to make sure it is completely understood that these are George's methods, neither advocated nor endorsed by us. Bill Effros janetislight at aol.com wrote: > I think before Bill "weighs in" on George Cappony, a conversation with > his lawyer would need to happen. Just saying others are out doing > similar things, but to name a name? Not smart. > > Janet > > > In a message dated 1/19/2010 6:03:32 A.M. Central Standard Time, > rosemarie-fred at mindspring.com writes: > > I hope Bill will weigh in on this one, but my understanding is > that he does NOT endorse George Cappony. > Rosemarie > > ----- Original Message ----- > *From:* James Fleming > *To:* 'How To Sell Your Home in 5-Days' > > *Sent:* Tuesday, January 19, 2010 12:51 AM > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > Shane, > > > > Thanks for the heads up. I was not aware that Bill Effros > endorsed/endorses George Cappony. George?s site looks very > interesting; I encourage anyone who hasn?t visited it to do > so. He seems to have taken Bill?s system to a new level. > > > > Jim F ? Realtor > > Vancouver WA > > > > ------------------------------------------------------------------------ > > *From:* > 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com > > [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] > *On Behalf Of *Shane Weller > *Sent:* Monday, January 18, 2010 7:53 PM > *To:* How To Sell Your Home in 5-Days > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Jim. > I apologize "backed" was not the correct word. I should have > used the phrase: > > "Effros hand-selected George as the national guru for this > method 11 years ago." > > This is according to Cappony's website: > http://www.5-daysale.com/learn/bio.htm > > Best, > Shane > > > > On Mon, Jan 18, 2010 at 6:11 PM, James Fleming > > wrote: > > Shane, > > > > George Cappony is backed by Bill Effros? I don?t mean to > sound critical, but I find that extremely difficult to > believe. Where did you hear that? > > > > Jim F > > > > ------------------------------------------------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com > @mailman.howtosellyourhomein5days.com > > [mailto:5-dayforum-bounces+jamesfleming.realestate > =gmail.com > @mailman.howtosellyourhomein5days.com > ] *On Behalf Of > *Shane Weller > *Sent:* Sunday, January 17, 2010 7:21 AM > > > *To:* How To Sell Your Home in 5-Days > > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Jeff, > Do not let these people tell you it is not possible or that it > is illegal. That does not make any sense. Most importantly do > not take advice from anyone that has the name Ibicon. The name > alone does not pass my own personal "smell test". And I > wouldnt take advice from a Realtor either. No offense to any > realtors out there, but they are all told what you CANT DO!! > Not what you can do. > > First of all there is a guy by the name of George Cappony that > is doing it. He is backed by Bill Effros. He has been featured > on several major networks including 20/20, Fox News, and > others. So how can that guy run 5-day sales in every state > legally if he isnt a licensed REA in every state? See what I > mean? People are doing this, they are doing it without an REA > license, and they are doing it legally. > > Heck even in my town there are "investors" who are trying a > similar method of selling homes in 5-days. How they are doing > it? I am not 100% sure. But they are and if there was > something wrong with what they were doing I am sure they would > have been fined or punished eons ago. And they are not REA's! > > Now as for your idea on "pricing" a home. That is a new one. > Maybe you can run it under "Find out what the public would pay > for your home" or "Fair Market Analysis" and let the seller > decide if he or she wants to sell the home at the price that > was determined. If they do, then they have a list of people > who are willing to pay that. > > I dont see anything wrong with helping a seller determine the > price the public is willing to pay for their home. Appraisers > are fact junkies. Just the facts. What is wrong with your > home, what defects, etc. They miss facts or values that others > may possibly see in a home, like distance to work and school, > kitchen layout, gated area, etc. If it doesnt have a box that > can be checked on their form it doesnt have a "value". > > My point is this. There are values in a home that appraisers > can not put in their little appraisal forms. These are the > values that real people see and are willing to pay for. > > Dont listen to nay sayers. If it was not possible to conduct > real estate brokering without an REA license. Then there would > be no such thing as Real Estate Investors. > > I think REA's are so used to hearing what is not possible that > they have forgotten what is. Look into IEE's look into > Assignments. Someone is doing this and so can you. > > Best, > Shane > > On Sun, Jan 17, 2010 at 12:39 AM, James Fleming > > wrote: > > Jeff, > > > > I will respond to your question, not as an expert, not as a > scholar, but based upon my own understanding of this subject > after years as a Realtor and based upon checking with fellow > Realtors in Texas, Florida, and Tennessee. > > > > As a former Texas Broker you know that in Texas, according to > the Real Estate License Act, practicing real estate without an > active license is a criminal offense; specifically, a Class A > misdemeanor punishable by confinement of up to one year in a > county jail and a fine of up to $4,000.00. Unlicensed > activity in Florida can result in a first degree misdemeanor > criminal charge and a fine up to $5,000. Similar consequences > hold in Tennessee. On a related note, I was told that Florida > in particular is cracking down on people who mistakenly think > that taking options on properties constitutes taking an > ownership interest and therefore excludes them from needing to > be licensed. > > > > What constitutes practicing real estate? Each state has its > own definition, but in general almost every activity connected > with a real estate transaction, including negotiating a > purchase or sale, or soliciting buyers and sellers, when > performed for compensation, a commission, or a fee, or in the > expectation of same, constitutes practicing real estate. > > > > Your contention that you can?t find any information anywhere > that states that ?strictly pricing? a home is an act of real > estate reserved only for brokers does have merit, however. In > fact, that practice is reserved primarily for licensed > appraisers. Although you call what you want to do ?strictly > pricing? the home by finding the FMV, you are finding the FMV > by conducting a 5-day sale. Conducting a 5-day sale for a > fee, while it may result in finding the FMV, is not the > equivalent to ?strictly pricing? the home. It IS the > equivalent to practicing real estate. > > > > All of this is solely my take on the issues. A forum such as > this is great for sharing perspectives, tips, opinions, > experiences, and so on. If you want more, and if you are > still actively licensed in one of the states mentioned, the > best place to get free legal analysis is through your > association?s legal hotline. If you are not actively > licensed, the other free alternative is to contact the > respective departments of licensing in the states where you > intend to conduct your 5 Day Pricings. The only place to get > actual and actionable legal advice, covered by malpractice > insurance, is from a lawyer who provides it to you, as a > client, for a fee. > > > > Good luck in your quest for clarification. It sounds as > though you?ve spent some time and effort looking into this. > If it turns out that 5-day Pricings can be conducted in such a > way that licensing is not required, there are loads of people > around the country who would be interested in conducting them > commercially in their areas and in hearing how to structure > them to avoid prosecution. This could lead to a book for you, > or even a franchise, if you come up with the right approach. > > > > Keep us posted. > > > > Jim F ? Realtor > > Vancouver WA > > > > ------------------------------------------------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com > @mailman.howtosellyourhomein5days.com > > [mailto:5-dayforum-bounces+jamesfleming.realestate > =gmail.com > @mailman.howtosellyourhomein5days.com > ] *On Behalf Of > *Jeff Brown > *Sent:* Saturday, January 16, 2010 3:42 PM > > > *To:* 5-dayforum at howtosellyourhomein5days.com > > *Subject:* [5-DayForum] Acting as a "pricing consultant" > > > > Thanks to all for the comments. I have been a broker in > Tennessee, Texas and Florida. So i understand license law...my > only question here was: are we really "negotiating the sales > price" for the seller by finding the FMV of their home?? I > cant find any information anywhere that states that "strictly > pricing" a home is an act of real estate reserved only for us > lofty brokers?? We don't assist anymore after the price is > reached at the end of the 5 days...The seller and possible > buyer consummate their own deal! The highest bidder is not > necessarily the Buyer in this case...its up to the seller to > find his buyer and close the deal after the FMV is > reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you > all again! > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > ------------------------------------------------------------------------ > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > ------------------------------------------------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100119/8cdd98d0/attachment.html From jamesfleming.realestate at gmail.com Tue Jan 19 13:26:04 2010 From: jamesfleming.realestate at gmail.com (James Fleming) Date: Tue, 19 Jan 2010 10:26:04 -0800 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <5f7a.584fe29a.38872ef8@aol.com> References: <5f7a.584fe29a.38872ef8@aol.com> Message-ID: Janet, can you please clarify for me what you meant in your second sentence regarding saying others are out doing similar things. I think I understand, but I want to be sure. Thanks. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of janetislight at aol.com Sent: Tuesday, January 19, 2010 7:51 AM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Acting as a "pricing consultant" I think before Bill "weighs in" on George Cappony, a conversation with his lawyer would need to happen. Just saying others are out doing similar things, but to name a name? Not smart. Janet In a message dated 1/19/2010 6:03:32 A.M. Central Standard Time, rosemarie-fred at mindspring.com writes: I hope Bill will weigh in on this one, but my understanding is that he does NOT endorse George Cappony. Rosemarie ----- Original Message ----- From: James Fleming To: 'How To Sell Your Home in 5-Days' Sent: Tuesday, January 19, 2010 12:51 AM Subject: Re: [5-DayForum] Acting as a "pricing consultant" Shane, Thanks for the heads up. I was not aware that Bill Effros endorsed/endorses George Cappony. George's site looks very interesting; I encourage anyone who hasn't visited it to do so. He seems to have taken Bill's system to a new level. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of Shane Weller Sent: Monday, January 18, 2010 7:53 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jim. I apologize "backed" was not the correct word. I should have used the phrase: "Effros hand-selected George as the national guru for this method 11 years ago." This is according to Cappony's website: http://www.5-daysale.com/learn/bio.htm Best, Shane On Mon, Jan 18, 2010 at 6:11 PM, James Fleming wrote: Shane, George Cappony is backed by Bill Effros? I don't mean to sound critical, but I find that extremely difficult to believe. Where did you hear that? Jim F _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com @mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate =gmail.com @mailman.howtosellyourhomein5days.com ] On Behalf Of Shane Weller Sent: Sunday, January 17, 2010 7:21 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can't find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do "strictly pricing" the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to "strictly pricing" the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association's legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you've spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com @mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate =gmail.com @mailman.howtosellyourhomein5days.com ] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _____ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100119/fd1c7e7c/attachment.html From bill at effros.com Tue Jan 19 13:51:04 2010 From: bill at effros.com (Bill Effros) Date: Tue, 19 Jan 2010 13:51:04 -0500 Subject: [5-DayForum] Rural 5-Day Sales Message-ID: <4B55FF18.1000209@effros.com> While I was rooting around in the archives I stumbled across Mark Conway's sale in rural Michigan. It was in July 2007, Sort by Subject, Or, try putting this into a search engine: [5-DayForum] Sanford, MI 5-Day Sale -- Day 1 Here is the first response I got to the above search (your results may vary): Adrian, Go to the archives in July 2007 and follow the postings by Mark Conway. Here is one of them: [5-DayForum] Sanford, MI 5-Day Sale -- Day 1 Mark Conway sanford5daysale at yahoo.com Thu Jul 26 01:22:30 EDT 2007 * Previous message: [5-DayForum] Getting the Bank to take less * Next message: [5-DayForum] Sanford, MI 5-Day Sale -- Day 1 * Messages sorted by: [ date ] [ thread ] [ subject ] [ author ] Dear 5-Day Sale Troopers, Day 1 Result We're blown away. In this infamously slow market, in a fairly rural area where our home's assessed value still hasn't quite doubled in 25 years, we got 37 contacts today. We had our 25 phone calls by 7 PM. The first two contacts were from ForSaleByOwner.com -- one an e-mail and one a voicemail through the free 800 number. Both of those seemed like high quality contacts. Every one of the next 35 phone calls over the course of the day were prompted by the newspaper insert we had done today. As it turns out, there were no other inserts competing with ours today. And no one at our newspaper has ever used the single page insert for an open house, especially "this kind" of a home sale. We feel this result is nothing less than phenomenal -- far beyond what we expected. We fully expect the call volume will die off considerably tomorrow since the newspaper insert was a one-shot deal. But it was worth every dollar. It feels as if we trumped every other home sale ad in the paper today. We haven't put up any of the signs yet. We plan to put them up on Friday evening, mostly for directional purposes. Overview of the phone calls (1) There was one confirmed real estate agent who didn't reveal herself unitl near the end of our conversation. She was polite and very intrigued by what we were doing and asked many questions. (2) We were surprised at how supportive callers were about our approach to this home sale. Many wished us good luck. (3) Many callers just wanted directions so they could do a drive-by sometime today to check out the house and the neighborhood. A builder even asked our permission to come up our driveway for a look. We were glad to oblige. (4) Several people told us how fair they thought our process was and were eager to participate. (5) We didn't encounter a single negative response yet. (6) We got calls from a bunch of folks who were calling on behalf of friends or relatives because they were more familiar with the area. (7) We estimate that about 10 of our contacts seemed to be very serious prospective buyers. (8) It was fun to explaining the 5-Day Sale process to many of our callers. Their reactions ranged from surprise to amazement that we would take such a bold approach. (9) We turned down one request for an early look-see. (10) We passed on one caller's offer to make us an offer on the house right now. It's been quite an exhilarating day for us. Once we'd received 7 calls by 2:30 PM this afternoon, we felt we were on pace for a successful three days. Our excitement built and we were both quite wired through the afternoon and evening as the calls just kept rolling in. What a fun day! We'll see what tomorrow brings. Below I've summarized our advertising for those of you who want to know the specifics of what we're doing. I won't repeat all of that in future posts. I'm finally winding down. My mind isn't whirring quite so much now so I'll sign off now and try to get some sleep. Regards, Mark Conway Advertising: (a) Classified ad in 3 local newspapers -- about $400 total cost for the 5 days. Here's the line-by-line classified ad (without all the formatting): SANFORD BY OWNER 1512 sq ft Ranch 3+ Wooded Acres Full Basement Lake Access 3 Bedroom/2 Bath C/A $74,500 or Best Offer Inspection Sat-Sun 10-5 Home will be Sold Sunday Night to HIGHEST BIDDER 687-2556 As it turns out, it was very important that I actually went to the classified ad offices to place the ad. Even in person, it was a bit challenging to have them get the ad close to the way I wanted it. (b) A one-day one-time single sheet (8-1/2 x 11) blue-on-white insert into the one newspaper that directly serves our area -- about $800 total cost. The ad was nicely done up by the advertising design staff. It contained only the standard ad text , but slickly formatted with two pictures of our home. (c) An ad on ForSaleByOwner.com which includes a toll-free number to take messages -- $89 total cost. Check it out if you like. The Listing ID is 21041932. (d) We ordered 24 18"x24" signs over the Internet at a cost of $14 per sign. Here's the text of the signs: Selling Our Home Sunday Night Highest Bidder Inspection: Sat & Sun 10-5 www.ForSaleByOwner.com Listing ID 21041932 e-mail: Sanford5DaySale at yahoo.com We also bought large direction arrows to stick onto each sign to guide folks to our house from as far away as about 8 miles. -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100119/2d36500b/attachment.html From jamesfleming.realestate at gmail.com Tue Jan 19 14:21:49 2010 From: jamesfleming.realestate at gmail.com (James Fleming) Date: Tue, 19 Jan 2010 11:21:49 -0800 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <4B55F9BE.4090006@effros.com> References: <5f7a.584fe29a.38872ef8@aol.com> <4B55F9BE.4090006@effros.com> Message-ID: Bill, Thank you for weighing in. GC's site leads visitors like me and Shane to the conclusion that you and GC have a business relationship. Your response in this thread leaves no doubt that this is NOT the case. And, as you mentioned, this is not the first time you have addressed this issue on the forum. But yesterday, when Shane pointed us to GC's website, I visited it to see what he was talking about. I got the impression that you and George had come to terms. Were you ever affiliated, or is this all fabrication on George's part? Best, Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of Bill Effros Sent: Tuesday, January 19, 2010 10:28 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Thanks, Janet and Rosemarie, I have not been following this thread. George called me several years ago to tell me he had taken down this site, and had stopped making these claims. He also said he was out of the 5-Day consulting business. I have neither the time nor the inclination to chase him down. Anyone who wants to know what I think about George Cappony and his methods should go to the early months of the archives and read our exchanges. Following is a sample: (George used a lot of proxies and fake email addresses--I can't tell you the speaker is George, and I can't tell you he put this writer up to joining this Forum, but I can tell you that unlike Janet, I DID throw him off this Forum, and I DID tell him not to return.) This is taken directly from the archive, May 19, 2007: Jamie, I'm glad you had a successful experience with George, and glad you have posted it to this Forum. That is what this Forum is for. George's sales frequently suffer from Buyer's remorse--as you have stated "the highest bidder dropped out, and the backups did not come through initially". This sometimes happens in 5-Day Sales run according to the book, but extremely rarely. In my opinion, George's method fails to locate the best buyer at the best price, and then tries to hammer both the buyers obtained and the seller into settling on a lower price than would have been obtained by using the 5-Day Method as presented in the book. This may result in a sale, but, in my opinion, and how can I prove it, ... let me say "based on my experience" ... the seller could have sold the home at a higher price if the 5-Day Method were exactly followed. Properly run 5-Day Sales don't need consultants. Reserves are not legal in many places when used the way you imply you used yours. You do not have to take any price you don't want. When I found out what people meant by the phrase "He guided us to through negotiations and got us to our reserve" I was, quite frankly, appalled. You may not mean it in the same way it has been explained to me by others. What do you mean by that phrase? Is it something you are prepared to specify in an open Forum? Or is it something you suspect may be illegal or immoral? This is my problem with George's modifications, and this is my publisher's problem with George's modifications. We both want to make sure it is completely understood that these are George's methods, neither advocated nor endorsed by us. Bill Effros janetislight at aol.com wrote: I think before Bill "weighs in" on George Cappony, a conversation with his lawyer would need to happen. Just saying others are out doing similar things, but to name a name? Not smart. Janet In a message dated 1/19/2010 6:03:32 A.M. Central Standard Time, rosemarie-fred at mindspring.com writes: I hope Bill will weigh in on this one, but my understanding is that he does NOT endorse George Cappony. Rosemarie ----- Original Message ----- From: James Fleming To: 'How To Sell Your Home in 5-Days' Sent: Tuesday, January 19, 2010 12:51 AM Subject: Re: [5-DayForum] Acting as a "pricing consultant" Shane, Thanks for the heads up. I was not aware that Bill Effros endorsed/endorses George Cappony. George's site looks very interesting; I encourage anyone who hasn't visited it to do so. He seems to have taken Bill's system to a new level. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of Shane Weller Sent: Monday, January 18, 2010 7:53 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jim. I apologize "backed" was not the correct word. I should have used the phrase: "Effros hand-selected George as the national guru for this method 11 years ago." This is according to Cappony's website: http://www.5-daysale.com/learn/bio.htm Best, Shane On Mon, Jan 18, 2010 at 6:11 PM, James Fleming wrote: Shane, George Cappony is backed by Bill Effros? I don't mean to sound critical, but I find that extremely difficult to believe. Where did you hear that? Jim F _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com @mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate =gmail.com @mailman.howtosellyourhomein5days.com ] On Behalf Of Shane Weller Sent: Sunday, January 17, 2010 7:21 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can't find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do "strictly pricing" the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to "strictly pricing" the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association's legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you've spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com @mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate =gmail.com @mailman.howtosellyourhomein5days.com ] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _____ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _____ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100119/6df77361/attachment.html From janetislight at aol.com Tue Jan 19 14:56:23 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Tue, 19 Jan 2010 14:56:23 EST Subject: [5-DayForum] Acting as a "pricing consultant" Message-ID: Jim, Just that there are many variations on the 5-day method out there. Janet In a message dated 1/19/2010 12:30:44 P.M. Central Standard Time, jamesfleming.realestate at gmail.com writes: Janet, can you please clarify for me what you meant in your second sentence regarding saying others are out doing similar things. I think I understand, but I want to be sure. Thanks. Jim F ? Realtor Vancouver WA ____________________________________ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of janetislight at aol.com Sent: Tuesday, January 19, 2010 7:51 AM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Acting as a "pricing consultant" I think before Bill "weighs in" on George Cappony, a conversation with his lawyer would need to happen. Just saying others are out doing similar things, but to name a name? Not smart. Janet In a message dated 1/19/2010 6:03:32 A.M. Central Standard Time, rosemarie-fred at mindspring.com writes: I hope Bill will weigh in on this one, but my understanding is that he does NOT endorse George Cappony. Rosemarie ----- Original Message ----- From: _James Fleming_ (mailto:jamesfleming.realestate at gmail.com) To: _'How To Sell Your Home in 5-Days'_ (mailto:5-dayforum at mailman.howtosellyourhomein5days.com) Sent: Tuesday, January 19, 2010 12:51 AM Subject: Re: [5-DayForum] Acting as a "pricing consultant" Shane, Thanks for the heads up. I was not aware that Bill Effros endorsed/endorses George Cappony. George?s site looks very interesting; I encourage anyone who hasn?t visited it to do so. He seems to have taken Bill?s system to a new level. Jim F ? Realtor Vancouver WA ____________________________________ From: _5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com) [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Shane Weller Sent: Monday, January 18, 2010 7:53 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jim. I apologize "backed" was not the correct word. I should have used the phrase: "Effros hand-selected George as the national guru for this method 11 years ago." This is according to Cappony's website: _http://www.5-daysale.com/learn/bio.htm_ (http://www.5-daysale.com/learn/bio.htm) Best, Shane On Mon, Jan 18, 2010 at 6:11 PM, James Fleming <_jamesfleming.realestate at gmail.com_ (mailto:jamesfleming.realestate at gmail.com) > wrote: Shane, George Cappony is backed by Bill Effros? I don?t mean to sound critical, but I find that extremely difficult to believe. Where did you hear that? Jim F ____________________________________ From: 5-dayforum-bounces+jamesfleming.realestate=_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) [mailto:_5-dayforum-bounces+jamesfleming.realestate_ (mailto:5-dayforum-bounces+jamesfleming.realestate) =_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) ] On Behalf Of Shane Weller Sent: Sunday, January 17, 2010 7:21 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming <_jamesfleming.realestate at gmail.com_ (mailto:jamesfleming.realestate at gmail.com) > wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can?t find any information anywhere that states that ?strictly pricing? a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do ? strictly pricing? the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to ?strictly pricing? the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association?s legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you?ve spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F ? Realtor Vancouver WA ____________________________________ From: 5-dayforum-bounces+jamesfleming.realestate=_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) [mailto:_5-dayforum-bounces+jamesfleming.realestate_ (mailto:5-dayforum-bounces+jamesfleming.realestate) =_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) ] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: _5-dayforum at howtosellyourhomein5days.com_ (mailto:5-dayforum at howtosellyourhomein5days.com) Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) ____________________________________ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100119/9b510525/attachment.html From bill at effros.com Tue Jan 19 16:23:38 2010 From: bill at effros.com (Bill Effros) Date: Tue, 19 Jan 2010 16:23:38 -0500 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: References: <5f7a.584fe29a.38872ef8@aol.com> <4B55F9BE.4090006@effros.com> Message-ID: <4B5622DA.4000105@effros.com> Jim, It's complicated. I first tried the 5-Day Method when Windows 1 was Microsoft's new operating system; Apple had a computer named after Steve Jobs' girlfriend; and nobody had even dreamed of Google. I wrote a book about the 5-Day Method following a chance encounter with the shortstop on my college intramural baseball team who I hadn't seen in 25 years. While doing publicity for the first edition of the book, I was approached by George Cappony who told me he liked the idea. When the Internet started to develop, I got a Web Address, however I had no time to develop the web site. At some point George said he would develop my site for me, at no cost, and the web site would display only information approved by me. I gave him permission, with the explicit understanding that he could never speak for me, and that I would sever all ties with him if he ever embarrassed me. My entire relationship with George is described on pages 63 and 64 of the Third Edition of my book. I completely severed all ties with George shortly after the Third Edition of the book was published. George told me the individual who hosted the web site and did much of the work on it had refused to return my Internet Address until George paid him money he said he was due. George also told me that the web site host planned to continue running George's business from that web site, with or without George. The web site posted to this Forum is a different web site address. My web site was eventually returned to me, although I still don't have the time to develop it. The last time I spoke to George, a couple of years ago, I told him I didn't ever want him to say he currently worked with me, or with my approval, and that I never wanted to speak with him again. He said he understood, and that he had completely left the "5-Day Method Consulting Business" to pursue more profitable ventures. I have never accepted money from George or anyone else, except my publisher, in connection with the 5-Day Method or 5-Day sales. Bill Effros Author James Fleming wrote: > > > > Bill, > > > > Thank you for weighing in. GC's site leads visitors like me and Shane > to the conclusion that you and GC have a business relationship. Your > response in this thread leaves no doubt that this is NOT the case. > And, as you mentioned, this is not the first time you have addressed > this issue on the forum. But yesterday, when Shane pointed us to GC's > website, I visited it to see what he was talking about. I got the > impression that you and George had come to terms. Were you ever > affiliated, or is this all fabrication on George's part? > > > > Best, > > > > Jim F -- Realtor > > Vancouver WA > > > > * * > > > > ------------------------------------------------------------------------ > > *From:* > 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com > [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] > *On Behalf Of *Bill Effros > *Sent:* Tuesday, January 19, 2010 10:28 AM > *To:* How To Sell Your Home in 5-Days > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Thanks, Janet and Rosemarie, > > I have not been following this thread. > > George called me several years ago to tell me he had taken down this > site, and had stopped making these claims. He also said he was out of > the 5-Day consulting business. I have neither the time nor the > inclination to chase him down. > > Anyone who wants to know what I think about George Cappony and his > methods should go to the early months of the archives and read our > exchanges. > > Following is a sample: (George used a lot of proxies and fake email > addresses--I can't tell you the speaker is George, and I can't tell > you he put this writer up to joining this Forum, but I can tell you > that unlike Janet, I DID throw him off this Forum, and I DID tell him > not to return.) > > This is taken directly from the archive, May 19, 2007: > > > Jamie, > > I'm glad you had a successful experience with George, and glad you have > posted it to this Forum. That is what this Forum is for. > > George's sales frequently suffer from Buyer's remorse--as you have > stated "the highest bidder dropped out, and the backups did not come > through initially". This sometimes happens in 5-Day Sales run according > to the book, but extremely rarely. > > In my opinion, George's method fails to locate the best buyer at the > best price, and then tries to hammer both the buyers obtained and the > seller into settling on a lower price than would have been obtained by > using the 5-Day Method as presented in the book. > > This may result in a sale, but, in my opinion, and how can I prove it, > ... let me say "based on my experience" ... the seller could have sold > the home at a higher price if the 5-Day Method were exactly followed. > > Properly run 5-Day Sales don't need consultants. > > Reserves are not legal in many places when used the way you imply you > used yours. You do not have to take any price you don't want. When I > found out what people meant by the phrase "He guided us to through > negotiations and got us to our reserve" I was, quite frankly, appalled. > You may not mean it in the same way it has been explained to me by others. > > What do you mean by that phrase? > > Is it something you are prepared to specify in an open Forum? Or is it > something you suspect may be illegal or immoral? > > This is my problem with George's modifications, and this is my > publisher's problem with George's modifications. We both want to make > sure it is completely understood that these are George's methods, > neither advocated nor endorsed by us. > > Bill Effros > > > > > janetislight at aol.com wrote: > > I think before Bill "weighs in" on George Cappony, a conversation with > his lawyer would need to happen. Just saying others are out doing > similar things, but to name a name? Not smart. > > > > Janet > > > > > > In a message dated 1/19/2010 6:03:32 A.M. Central Standard Time, > rosemarie-fred at mindspring.com > writes: > > I hope Bill will weigh in on this one, but my understanding is > that he does NOT endorse George Cappony. > > Rosemarie > > ----- Original Message ----- > > *From:* James Fleming > > *To:* 'How To Sell Your Home in 5-Days' > > > *Sent:* Tuesday, January 19, 2010 12:51 AM > > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Shane, > > > > Thanks for the heads up. I was not aware that Bill Effros > endorsed/endorses George Cappony. George's site looks very > interesting; I encourage anyone who hasn't visited it to do > so. He seems to have taken Bill's system to a new level. > > > > Jim F -- Realtor > > Vancouver WA > > > > ------------------------------------------------------------------------ > > *From:* > 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com > > [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] > *On Behalf Of *Shane Weller > *Sent:* Monday, January 18, 2010 7:53 PM > *To:* How To Sell Your Home in 5-Days > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Jim. > I apologize "backed" was not the correct word. I should have > used the phrase: > > "Effros hand-selected George as the national guru for this > method 11 years ago." > > This is according to Cappony's website: > http://www.5-daysale.com/learn/bio.htm > > Best, > Shane > > > > > On Mon, Jan 18, 2010 at 6:11 PM, James Fleming > > wrote: > > Shane, > > > > George Cappony is backed by Bill Effros? I don't mean to > sound critical, but I find that extremely difficult to > believe. Where did you hear that? > > > > Jim F > > > > ------------------------------------------------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com > @mailman.howtosellyourhomein5days.com > > [mailto:5-dayforum-bounces+jamesfleming.realestate > =gmail.com > @mailman.howtosellyourhomein5days.com > ] *On Behalf Of > *Shane Weller > *Sent:* Sunday, January 17, 2010 7:21 AM > > > *To:* How To Sell Your Home in 5-Days > > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Jeff, > Do not let these people tell you it is not possible or that it > is illegal. That does not make any sense. Most importantly do > not take advice from anyone that has the name Ibicon. The name > alone does not pass my own personal "smell test". And I > wouldnt take advice from a Realtor either. No offense to any > realtors out there, but they are all told what you CANT DO!! > Not what you can do. > > First of all there is a guy by the name of George Cappony that > is doing it. He is backed by Bill Effros. He has been featured > on several major networks including 20/20, Fox News, and > others. So how can that guy run 5-day sales in every state > legally if he isnt a licensed REA in every state? See what I > mean? People are doing this, they are doing it without an REA > license, and they are doing it legally. > > Heck even in my town there are "investors" who are trying a > similar method of selling homes in 5-days. How they are doing > it? I am not 100% sure. But they are and if there was > something wrong with what they were doing I am sure they would > have been fined or punished eons ago. And they are not REA's! > > Now as for your idea on "pricing" a home. That is a new one. > Maybe you can run it under "Find out what the public would pay > for your home" or "Fair Market Analysis" and let the seller > decide if he or she wants to sell the home at the price that > was determined. If they do, then they have a list of people > who are willing to pay that. > > I dont see anything wrong with helping a seller determine the > price the public is willing to pay for their home. Appraisers > are fact junkies. Just the facts. What is wrong with your > home, what defects, etc. They miss facts or values that others > may possibly see in a home, like distance to work and school, > kitchen layout, gated area, etc. If it doesnt have a box that > can be checked on their form it doesnt have a "value". > > My point is this. There are values in a home that appraisers > can not put in their little appraisal forms. These are the > values that real people see and are willing to pay for. > > Dont listen to nay sayers. If it was not possible to conduct > real estate brokering without an REA license. Then there would > be no such thing as Real Estate Investors. > > I think REA's are so used to hearing what is not possible that > they have forgotten what is. Look into IEE's look into > Assignments. Someone is doing this and so can you. > > Best, > Shane > > On Sun, Jan 17, 2010 at 12:39 AM, James Fleming > > wrote: > > Jeff, > > > > I will respond to your question, not as an expert, not as a > scholar, but based upon my own understanding of this subject > after years as a Realtor and based upon checking with fellow > Realtors in Texas, Florida, and Tennessee. > > > > As a former Texas Broker you know that in Texas, according to > the Real Estate License Act, practicing real estate without an > active license is a criminal offense; specifically, a Class A > misdemeanor punishable by confinement of up to one year in a > county jail and a fine of up to $4,000.00. Unlicensed > activity in Florida can result in a first degree misdemeanor > criminal charge and a fine up to $5,000. Similar consequences > hold in Tennessee. On a related note, I was told that Florida > in particular is cracking down on people who mistakenly think > that taking options on properties constitutes taking an > ownership interest and therefore excludes them from needing to > be licensed. > > > > What constitutes practicing real estate? Each state has its > own definition, but in general almost every activity connected > with a real estate transaction, including negotiating a > purchase or sale, or soliciting buyers and sellers, when > performed for compensation, a commission, or a fee, or in the > expectation of same, constitutes practicing real estate. > > > > Your contention that you can't find any information anywhere > that states that "strictly pricing" a home is an act of real > estate reserved only for brokers does have merit, however. In > fact, that practice is reserved primarily for licensed > appraisers. Although you call what you want to do "strictly > pricing" the home by finding the FMV, you are finding the FMV > by conducting a 5-day sale. Conducting a 5-day sale for a > fee, while it may result in finding the FMV, is not the > equivalent to "strictly pricing" the home. It IS the > equivalent to practicing real estate. > > > > All of this is solely my take on the issues. A forum such as > this is great for sharing perspectives, tips, opinions, > experiences, and so on. If you want more, and if you are > still actively licensed in one of the states mentioned, the > best place to get free legal analysis is through your > association's legal hotline. If you are not actively > licensed, the other free alternative is to contact the > respective departments of licensing in the states where you > intend to conduct your 5 Day Pricings. The only place to get > actual and actionable legal advice, covered by malpractice > insurance, is from a lawyer who provides it to you, as a > client, for a fee. > > > > Good luck in your quest for clarification. It sounds as > though you've spent some time and effort looking into this. > If it turns out that 5-day Pricings can be conducted in such a > way that licensing is not required, there are loads of people > around the country who would be interested in conducting them > commercially in their areas and in hearing how to structure > them to avoid prosecution. This could lead to a book for you, > or even a franchise, if you come up with the right approach. > > > > Keep us posted. > > > > Jim F -- Realtor > > Vancouver WA > > > > ------------------------------------------------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com > @mailman.howtosellyourhomein5days.com > > [mailto:5-dayforum-bounces+jamesfleming.realestate > =gmail.com > @mailman.howtosellyourhomein5days.com > ] *On Behalf Of > *Jeff Brown > *Sent:* Saturday, January 16, 2010 3:42 PM > > > *To:* 5-dayforum at howtosellyourhomein5days.com > > *Subject:* [5-DayForum] Acting as a "pricing consultant" > > > > Thanks to all for the comments. I have been a broker in > Tennessee, Texas and Florida. So i understand license law...my > only question here was: are we really "negotiating the sales > price" for the seller by finding the FMV of their home?? I > cant find any information anywhere that states that "strictly > pricing" a home is an act of real estate reserved only for us > lofty brokers?? We don't assist anymore after the price is > reached at the end of the 5 days...The seller and possible > buyer consummate their own deal! The highest bidder is not > necessarily the Buyer in this case...its up to the seller to > find his buyer and close the deal after the FMV is > reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you > all again! > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > ------------------------------------------------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > > ------------------------------------------------------------------------ > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > ------------------------------------------------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100119/a3712190/attachment-0001.html From hsiclang at windstream.net Tue Jan 19 20:39:25 2010 From: hsiclang at windstream.net (The Langs) Date: Tue, 19 Jan 2010 20:39:25 -0500 Subject: [5-DayForum] Rural 5-Day Sales In-Reply-To: <4B55FF18.1000209@effros.com> References: <4B55FF18.1000209@effros.com> Message-ID: <0954AC1A9F844E37A5A0D597A358264B@MGI> This is great information! We really appreciate your response and willingness to do a little research in our behalf. While we know that our situation is a bit unique, we believe that the 5-day approach is sound and will work. That's been proven many times over. We believe that "getting the word out" will require a bit of thinking outside the box, but there's plenty of ways to get it done and pull in those 25+ responders. We'll keep you posted. Right now it's time to keep going on some repairs. Rich & Barb -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100119/ce6bd84d/attachment.html From shane.myko at gmail.com Tue Jan 19 21:33:48 2010 From: shane.myko at gmail.com (Shane Weller) Date: Tue, 19 Jan 2010 19:33:48 -0700 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <4B5622DA.4000105@effros.com> References: <5f7a.584fe29a.38872ef8@aol.com> <4B55F9BE.4090006@effros.com> <4B5622DA.4000105@effros.com> Message-ID: <4a25efec1001191833k372fd257m79a4dc01a9608d53@mail.gmail.com> This makes much more sense. On Tue, Jan 19, 2010 at 2:23 PM, Bill Effros wrote: > Jim, > > It's complicated. > > I first tried the 5-Day Method when Windows 1 was Microsoft's new operating > system; Apple had a computer named after Steve Jobs' girlfriend; and nobody > had even dreamed of Google. > > I wrote a book about the 5-Day Method following a chance encounter with the > shortstop on my college intramural baseball team who I hadn't seen in 25 > years. > > While doing publicity for the first edition of the book, I was approached > by George Cappony who told me he liked the idea. > > When the Internet started to develop, I got a Web Address, however I had no > time to develop the web site. At some point George said he would develop my > site for me, at no cost, and the web site would display only information > approved by me. > > I gave him permission, with the explicit understanding that he could never > speak for me, and that I would sever all ties with him if he ever > embarrassed me. > > My entire relationship with George is described on pages 63 and 64 of the > Third Edition of my book. > > I completely severed all ties with George shortly after the Third Edition > of the book was published. George told me the individual who hosted the web > site and did much of the work on it had refused to return my Internet > Address until George paid him money he said he was due. George also told me > that the web site host planned to continue running George's business from > that web site, with or without George. > > The web site posted to this Forum is a different web site address. My web > site was eventually returned to me, although I still don't have the time to > develop it. The last time I spoke to George, a couple of years ago, I told > him I didn't ever want him to say he currently worked with me, or with my > approval, and that I never wanted to speak with him again. He said he > understood, and that he had completely left the "5-Day Method Consulting > Business" to pursue more profitable ventures. > > I have never accepted money from George or anyone else, except my > publisher, in connection with the 5-Day Method or 5-Day sales. > > Bill Effros > Author > > > > > > > > > > > > > > James Fleming wrote: > > > > Bill, > > > > Thank you for weighing in. GC?s site leads visitors like me and Shane to > the conclusion that you and GC have a business relationship. Your response > in this thread leaves no doubt that this is NOT the case. And, as you > mentioned, this is not the first time you have addressed this issue on the > forum. But yesterday, when Shane pointed us to GC?s website, I visited it > to see what he was talking about. I got the impression that you and George > had come to terms. Were you ever affiliated, or is this all fabrication on > George?s part? > > > > Best, > > > > Jim F ? Realtor > > Vancouver WA > > > > * * > > > ------------------------------ > > *From:* > 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com[ > mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com<5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com>] > *On Behalf Of *Bill Effros > *Sent:* Tuesday, January 19, 2010 10:28 AM > *To:* How To Sell Your Home in 5-Days > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Thanks, Janet and Rosemarie, > > I have not been following this thread. > > George called me several years ago to tell me he had taken down this site, > and had stopped making these claims. He also said he was out of the 5-Day > consulting business. I have neither the time nor the inclination to chase > him down. > > Anyone who wants to know what I think about George Cappony and his methods > should go to the early months of the archives and read our exchanges. > > Following is a sample: (George used a lot of proxies and fake email > addresses--I can't tell you the speaker is George, and I can't tell you he > put this writer up to joining this Forum, but I can tell you that unlike > Janet, I DID throw him off this Forum, and I DID tell him not to return.) > > This is taken directly from the archive, May 19, 2007: > > > Jamie, > > > > I'm glad you had a successful experience with George, and glad you have > > posted it to this Forum. That is what this Forum is for. > > > > George's sales frequently suffer from Buyer's remorse--as you have > > stated "the highest bidder dropped out, and the backups did not come > > through initially". This sometimes happens in 5-Day Sales run according > > to the book, but extremely rarely. > > > > In my opinion, George's method fails to locate the best buyer at the > > best price, and then tries to hammer both the buyers obtained and the > > seller into settling on a lower price than would have been obtained by > > using the 5-Day Method as presented in the book. > > > > This may result in a sale, but, in my opinion, and how can I prove it, > > ... let me say "based on my experience" ... the seller could have sold > > the home at a higher price if the 5-Day Method were exactly followed. > > > > Properly run 5-Day Sales don't need consultants. > > > > Reserves are not legal in many places when used the way you imply you > > used yours. You do not have to take any price you don't want. When I > > found out what people meant by the phrase "He guided us to through > > negotiations and got us to our reserve" I was, quite frankly, appalled. > > You may not mean it in the same way it has been explained to me by others. > > > > What do you mean by that phrase? > > > > Is it something you are prepared to specify in an open Forum? Or is it > > something you suspect may be illegal or immoral? > > > > This is my problem with George's modifications, and this is my > > publisher's problem with George's modifications. We both want to make > > sure it is completely understood that these are George's methods, > > neither advocated nor endorsed by us. > > > > Bill Effros > > > > > janetislight at aol.com wrote: > > I think before Bill "weighs in" on George Cappony, a conversation with his > lawyer would need to happen. Just saying others are out doing similar > things, but to name a name? Not smart. > > > > Janet > > > > > > In a message dated 1/19/2010 6:03:32 A.M. Central Standard Time, > rosemarie-fred at mindspring.com writes: > > I hope Bill will weigh in on this one, but my understanding is that he > does NOT endorse George Cappony. > > Rosemarie > > ----- Original Message ----- > > *From:* James Fleming > > *To:* 'How To Sell Your Home in 5-Days'<5-dayforum at mailman.howtosellyourhomein5days.com> > > *Sent:* Tuesday, January 19, 2010 12:51 AM > > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Shane, > > > > Thanks for the heads up. I was not aware that Bill Effros > endorsed/endorses George Cappony. George?s site looks very interesting; I > encourage anyone who hasn?t visited it to do so. He seems to have taken > Bill?s system to a new level. > > > > Jim F ? Realtor > > Vancouver WA > > > ------------------------------ > > *From:* > 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com[ > mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com<5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com>] > *On Behalf Of *Shane Weller > *Sent:* Monday, January 18, 2010 7:53 PM > *To:* How To Sell Your Home in 5-Days > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Jim. > I apologize "backed" was not the correct word. I should have used the > phrase: > > "Effros hand-selected George as the national guru for this method 11 years > ago." > > This is according to Cappony's website: > http://www.5-daysale.com/learn/bio.htm > > Best, > Shane > > > > > On Mon, Jan 18, 2010 at 6:11 PM, James Fleming < > jamesfleming.realestate at gmail.com> wrote: > > Shane, > > > > George Cappony is backed by Bill Effros? I don?t mean to sound critical, > but I find that extremely difficult to believe. Where did you hear that? > > > > Jim F > > > ------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com@ > mailman.howtosellyourhomein5days.com [mailto: > 5-dayforum-bounces+jamesfleming.realestate<5-dayforum-bounces%2Bjamesfleming.realestate> > =gmail.com at mailman.howtosellyourhomein5days.com] *On Behalf Of *Shane > Weller > *Sent:* Sunday, January 17, 2010 7:21 AM > > > *To:* How To Sell Your Home in 5-Days > > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Jeff, > Do not let these people tell you it is not possible or that it is illegal. > That does not make any sense. Most importantly do not take advice from > anyone that has the name Ibicon. The name alone does not pass my own > personal "smell test". And I wouldnt take advice from a Realtor either. No > offense to any realtors out there, but they are all told what you CANT DO!! > Not what you can do. > > First of all there is a guy by the name of George Cappony that is doing it. > He is backed by Bill Effros. He has been featured on several major networks > including 20/20, Fox News, and others. So how can that guy run 5-day sales > in every state legally if he isnt a licensed REA in every state? See what I > mean? People are doing this, they are doing it without an REA license, and > they are doing it legally. > > Heck even in my town there are "investors" who are trying a similar method > of selling homes in 5-days. How they are doing it? I am not 100% sure. But > they are and if there was something wrong with what they were doing I am > sure they would have been fined or punished eons ago. And they are not > REA's! > > Now as for your idea on "pricing" a home. That is a new one. Maybe you can > run it under "Find out what the public would pay for your home" or "Fair > Market Analysis" and let the seller decide if he or she wants to sell the > home at the price that was determined. If they do, then they have a list of > people who are willing to pay that. > > I dont see anything wrong with helping a seller determine the price the > public is willing to pay for their home. Appraisers are fact junkies. Just > the facts. What is wrong with your home, what defects, etc. They miss facts > or values that others may possibly see in a home, like distance to work and > school, kitchen layout, gated area, etc. If it doesnt have a box that can be > checked on their form it doesnt have a "value". > > My point is this. There are values in a home that appraisers can not put in > their little appraisal forms. These are the values that real people see and > are willing to pay for. > > Dont listen to nay sayers. If it was not possible to conduct real estate > brokering without an REA license. Then there would be no such thing as Real > Estate Investors. > > I think REA's are so used to hearing what is not possible that they have > forgotten what is. Look into IEE's look into Assignments. Someone is doing > this and so can you. > > Best, > Shane > > On Sun, Jan 17, 2010 at 12:39 AM, James Fleming < > jamesfleming.realestate at gmail.com> wrote: > > Jeff, > > > > I will respond to your question, not as an expert, not as a scholar, but > based upon my own understanding of this subject after years as a Realtor and > based upon checking with fellow Realtors in Texas, Florida, and Tennessee. > > > > As a former Texas Broker you know that in Texas, according to the Real > Estate License Act, practicing real estate without an active license is a > criminal offense; specifically, a Class A misdemeanor punishable by > confinement of up to one year in a county jail and a fine of up to > $4,000.00. Unlicensed activity in Florida can result in a first degree > misdemeanor criminal charge and a fine up to $5,000. Similar consequences > hold in Tennessee. On a related note, I was told that Florida in particular > is cracking down on people who mistakenly think that taking options on > properties constitutes taking an ownership interest and therefore excludes > them from needing to be licensed. > > > > What constitutes practicing real estate? Each state has its own > definition, but in general almost every activity connected with a real > estate transaction, including negotiating a purchase or sale, or soliciting > buyers and sellers, when performed for compensation, a commission, or a fee, > or in the expectation of same, constitutes practicing real estate. > > > > Your contention that you can?t find any information anywhere that states > that ?strictly pricing? a home is an act of real estate reserved only for > brokers does have merit, however. In fact, that practice is reserved > primarily for licensed appraisers. Although you call what you want to do > ?strictly pricing? the home by finding the FMV, you are finding the FMV by > conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may > result in finding the FMV, is not the equivalent to ?strictly pricing? the > home. It IS the equivalent to practicing real estate. > > > > All of this is solely my take on the issues. A forum such as this is great > for sharing perspectives, tips, opinions, experiences, and so on. If you > want more, and if you are still actively licensed in one of the states > mentioned, the best place to get free legal analysis is through your > association?s legal hotline. If you are not actively licensed, the other > free alternative is to contact the respective departments of licensing in > the states where you intend to conduct your 5 Day Pricings. The only place > to get actual and actionable legal advice, covered by malpractice insurance, > is from a lawyer who provides it to you, as a client, for a fee. > > > > Good luck in your quest for clarification. It sounds as though you?ve > spent some time and effort looking into this. If it turns out that 5-day > Pricings can be conducted in such a way that licensing is not required, > there are loads of people around the country who would be interested in > conducting them commercially in their areas and in hearing how to structure > them to avoid prosecution. This could lead to a book for you, or even a > franchise, if you come up with the right approach. > > > > Keep us posted. > > > > Jim F ? Realtor > > Vancouver WA > > > ------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com@ > mailman.howtosellyourhomein5days.com [mailto: > 5-dayforum-bounces+jamesfleming.realestate<5-dayforum-bounces%2Bjamesfleming.realestate> > =gmail.com at mailman.howtosellyourhomein5days.com] *On Behalf Of *Jeff Brown > *Sent:* Saturday, January 16, 2010 3:42 PM > > > *To:* 5-dayforum at howtosellyourhomein5days.com > *Subject:* [5-DayForum] Acting as a "pricing consultant" > > > > Thanks to all for the comments. I have been a broker in Tennessee, Texas > and Florida. So i understand license law...my only question here was: are we > really "negotiating the sales price" for the seller by finding the FMV of > their home?? I cant find any information anywhere that states that "strictly > pricing" a home is an act of real estate reserved only for us lofty > brokers?? We don't assist anymore after the price is reached at the end of > the 5 days...The seller and possible buyer consummate their own deal! The > highest bidder is not necessarily the Buyer in this case...its up to the > seller to find his buyer and close the deal after the FMV is reached...As > Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > ------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > > ------------------------------ > > > > _______________________________________________ > > 5-DayForum mailing list > > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > ------------------------------ > > _______________________________________________ > 5-DayForum mailing list5-DayForum at mailman.howtosellyourhomein5days.comhttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100119/0e16bb41/attachment.html From jamesfleming.realestate at gmail.com Tue Jan 19 21:46:04 2010 From: jamesfleming.realestate at gmail.com (James Fleming) Date: Tue, 19 Jan 2010 18:46:04 -0800 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <4a25efec1001191833k372fd257m79a4dc01a9608d53@mail.gmail.com> References: <5f7a.584fe29a.38872ef8@aol.com> <4B55F9BE.4090006@effros.com><4B5622DA.4000105@effros.com> <4a25efec1001191833k372fd257m79a4dc01a9608d53@mail.gmail.com> Message-ID: <171B9BB57766426480385D5E7D13FD8B@JIMBIZ> It sure does Shane; things are seldom as they seem. Thank you Bill for sharing with the forum what must have been a disheartening and frustrating experience. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of Shane Weller Sent: Tuesday, January 19, 2010 6:34 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" This makes much more sense. On Tue, Jan 19, 2010 at 2:23 PM, Bill Effros wrote: Jim, It's complicated. I first tried the 5-Day Method when Windows 1 was Microsoft's new operating system; Apple had a computer named after Steve Jobs' girlfriend; and nobody had even dreamed of Google. I wrote a book about the 5-Day Method following a chance encounter with the shortstop on my college intramural baseball team who I hadn't seen in 25 years. While doing publicity for the first edition of the book, I was approached by George Cappony who told me he liked the idea. When the Internet started to develop, I got a Web Address, however I had no time to develop the web site. At some point George said he would develop my site for me, at no cost, and the web site would display only information approved by me. I gave him permission, with the explicit understanding that he could never speak for me, and that I would sever all ties with him if he ever embarrassed me. My entire relationship with George is described on pages 63 and 64 of the Third Edition of my book. I completely severed all ties with George shortly after the Third Edition of the book was published. George told me the individual who hosted the web site and did much of the work on it had refused to return my Internet Address until George paid him money he said he was due. George also told me that the web site host planned to continue running George's business from that web site, with or without George. The web site posted to this Forum is a different web site address. My web site was eventually returned to me, although I still don't have the time to develop it. The last time I spoke to George, a couple of years ago, I told him I didn't ever want him to say he currently worked with me, or with my approval, and that I never wanted to speak with him again. He said he understood, and that he had completely left the "5-Day Method Consulting Business" to pursue more profitable ventures. I have never accepted money from George or anyone else, except my publisher, in connection with the 5-Day Method or 5-Day sales. Bill Effros Author James Fleming wrote: Bill, Thank you for weighing in. GC's site leads visitors like me and Shane to the conclusion that you and GC have a business relationship. Your response in this thread leaves no doubt that this is NOT the case. And, as you mentioned, this is not the first time you have addressed this issue on the forum. But yesterday, when Shane pointed us to GC's website, I visited it to see what he was talking about. I got the impression that you and George had come to terms. Were you ever affiliated, or is this all fabrication on George's part? Best, Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of Bill Effros Sent: Tuesday, January 19, 2010 10:28 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Thanks, Janet and Rosemarie, I have not been following this thread. George called me several years ago to tell me he had taken down this site, and had stopped making these claims. He also said he was out of the 5-Day consulting business. I have neither the time nor the inclination to chase him down. Anyone who wants to know what I think about George Cappony and his methods should go to the early months of the archives and read our exchanges. Following is a sample: (George used a lot of proxies and fake email addresses--I can't tell you the speaker is George, and I can't tell you he put this writer up to joining this Forum, but I can tell you that unlike Janet, I DID throw him off this Forum, and I DID tell him not to return.) This is taken directly from the archive, May 19, 2007: Jamie, I'm glad you had a successful experience with George, and glad you have posted it to this Forum. That is what this Forum is for. George's sales frequently suffer from Buyer's remorse--as you have stated "the highest bidder dropped out, and the backups did not come through initially". This sometimes happens in 5-Day Sales run according to the book, but extremely rarely. In my opinion, George's method fails to locate the best buyer at the best price, and then tries to hammer both the buyers obtained and the seller into settling on a lower price than would have been obtained by using the 5-Day Method as presented in the book. This may result in a sale, but, in my opinion, and how can I prove it, ... let me say "based on my experience" ... the seller could have sold the home at a higher price if the 5-Day Method were exactly followed. Properly run 5-Day Sales don't need consultants. Reserves are not legal in many places when used the way you imply you used yours. You do not have to take any price you don't want. When I found out what people meant by the phrase "He guided us to through negotiations and got us to our reserve" I was, quite frankly, appalled. You may not mean it in the same way it has been explained to me by others. What do you mean by that phrase? Is it something you are prepared to specify in an open Forum? Or is it something you suspect may be illegal or immoral? This is my problem with George's modifications, and this is my publisher's problem with George's modifications. We both want to make sure it is completely understood that these are George's methods, neither advocated nor endorsed by us. Bill Effros janetislight at aol.com wrote: I think before Bill "weighs in" on George Cappony, a conversation with his lawyer would need to happen. Just saying others are out doing similar things, but to name a name? Not smart. Janet In a message dated 1/19/2010 6:03:32 A.M. Central Standard Time, rosemarie-fred at mindspring.com writes: I hope Bill will weigh in on this one, but my understanding is that he does NOT endorse George Cappony. Rosemarie ----- Original Message ----- From: James Fleming To: 'How To Sell Your Home in 5-Days' Sent: Tuesday, January 19, 2010 12:51 AM Subject: Re: [5-DayForum] Acting as a "pricing consultant" Shane, Thanks for the heads up. I was not aware that Bill Effros endorsed/endorses George Cappony. George's site looks very interesting; I encourage anyone who hasn't visited it to do so. He seems to have taken Bill's system to a new level. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourho mein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtose llyourhomein5days.com] On Behalf Of Shane Weller Sent: Monday, January 18, 2010 7:53 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jim. I apologize "backed" was not the correct word. I should have used the phrase: "Effros hand-selected George as the national guru for this method 11 years ago." This is according to Cappony's website: http://www.5-daysale.com/learn/bio.htm Best, Shane On Mon, Jan 18, 2010 at 6:11 PM, James Fleming wrote: Shane, George Cappony is backed by Bill Effros? I don't mean to sound critical, but I find that extremely difficult to believe. Where did you hear that? Jim F _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com @mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate =gmail.com @mailman.howtosellyourhomein5days.com ] On Behalf Of Shane Weller Sent: Sunday, January 17, 2010 7:21 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can't find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do "strictly pricing" the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to "strictly pricing" the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association's legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you've spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F - Realtor Vancouver WA _____ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com @mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate =gmail.com @mailman.howtosellyourhomein5days.com ] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _____ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _____ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _____ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100119/5da0fbfc/attachment.html From bill at effros.com Wed Jan 20 10:58:41 2010 From: bill at effros.com (Bill Effros) Date: Wed, 20 Jan 2010 10:58:41 -0500 Subject: [5-DayForum] Quick Sales In-Reply-To: <3fb6b.34362d8d.38866191@aol.com> References: <3fb6b.34362d8d.38866191@aol.com> Message-ID: <4B572831.2040805@effros.com> Janet, I've done radio publicity with people in many cities who are "buying" homes in foreclosure from banks at 60% of what they believe is current value, immediately running 5-Day Sales, and selling them to the high bidder Sunday night. I don't think either the paperwork or the money ever catches up with the deal -- everything happens at the closing when whoever actually owns the property at that point conveys it to the new final buyer, and all the middle people settle their profits and losses. I have spoken to people whose firms do 10 of these sales a weekend--they have people beating the bushes to find homes to buy, crews to show the homes and run the round-robins, they know the local market better than anyone, they always play fair, sell to the high bidder, and move on, they can't imagine why anyone would sell a home any other way. If they get less than 90% of what they expected, the buyer for the firm is in trouble, and all the other buyers adjust what they offer the banks. Bill Effros Author janetislight at aol.com wrote: > I am a real estate investor and own my properties. I'm a cash kind of > gal, so what you are saying piqued my interest on how others do it. > If you have the house on contract.... what do you mean. Did you buy > it on contract, not closed on it and are selling the contract to > another? As I understand it, if you buy say 10 dollars worth of a > house, then you are clear. You have an interest in the property. > > This is an interesting topic! > > Janet > > In a message dated 1/18/2010 5:56:19 P.M. Central Standard Time, > shane.myko at gmail.com writes: > > Well, what about locking up a house on contract with the option to > sell it to another individual. wouldnt I then be able to hold the > 5 day sale to find a buyer I can sell the home to? Is that > skirting the law? Is there anything wrong with that? It seems > legit to me. I mean assignments and IEE's are done all the time in > my area. Cant this just be another method of finding a buyer for > me to sell the home to? > > I would hate to use this 5 day-method as an investor in the hopes > of trying to find the highest price and then get in legal trouble > for it. Because right now that is the way I understand it. That I > can not use this method if I only have the house on contract. Is > this true? > > > > On Mon, Jan 18, 2010 at 4:33 PM, > wrote: > > Shane, > You are *hillarious*. Guess who my business partner was for > the last 5 years? I'll give you a hint his ititials are G.C. > My emaill address is one from a long time ago and there is no > hidden message. I grew up on Long Beach Island hence LBI and > the first 3 letter of my name and my nickname is CON. > > BTW I never told anyone that they couldn't do it. I told Jeff > that he was better off being licensed. Don't you think that > hundreds of people have already approched Bill about starting > a consulting business. Guess why it hasn't happened. > > CK > > > > > > > -----Original Message----- > From: Shane Weller > > To: How To Sell Your Home in 5-Days > <5-dayforum at mailman.howtosellyourhomein5days.com > > > Sent: Sun, Jan 17, 2010 7:20 am > Subject: Re: [5-DayForum] Acting as a "pricing consultant" > > Jeff, > Do not let these people tell you it is not possible or that it > is illegal. That does not make any sense. Most importantly do > not take advice from anyone that has the name Ibicon. The name > alone does not pass my own personal "smell test". And I > wouldnt take advice from a Realtor either. No offense to any > realtors out there, but they are all told what you CANT DO!! > Not what you can do. > > First of all there is a guy by the name of George Cappony that > is doing it. He is backed by Bill Effros. He has been featured > on several major networks including 20/20, Fox News, and > others. So how can that guy run 5-day sales in every state > legally if he isnt a licensed REA in every state? See what I > mean? People are doing this, they are doing it without an REA > license, and they are doing it legally. > > Heck even in my town there are "investors" who are trying a > similar method of selling homes in 5-days. How they are doing > it? I am not 100% sure. But they are and if there was > something wrong with what they were doing I am sure they would > have been fined or punished eons ago. And they are not REA's! > > Now as for your idea on "pricing" a home. That is a new one. > Maybe you can run it under "Find out what the public would pay > for your home" or "Fair Market Analysis" and let the seller > decide if he or she wants to sell the home at the price that > was determined. If they do, then they have a list of people > who are willing to pay that. > > I dont see anything wrong with helping a seller determine the > price the public is willing to pay for their home. Appraisers > are fact junkies. Just the facts. What is wrong with your > home, what defects, etc. They miss facts or values that others > may possibly see in a home, like distance to work and school, > kitchen layout, gated area, etc. If it doesnt have a box that > can be checked on their form it doesnt have a "value". > > My point is this. There are values in a home that appraisers > can not put in their little appraisal forms. These are the > values that real people see and are willing to pay for. > > Dont listen to nay sayers. If it was not possible to conduct > real estate brokering without an REA license. Then there would > be no such thing as Real Estate Investors. > > I think REA's are so used to hearing what is not possible that > they have forgotten what is. Look into IEE's look into > Assignments. Someone is doing this and so can you. > > Best, > Shane > > On Sun, Jan 17, 2010 at 12:39 AM, James Fleming > > wrote: > > Jeff, > > I will respond to your question, not as an expert, not as > a scholar, but based upon my own understanding of this > subject after years as a Realtor and based upon checking > with fellow Realtors in Texas, Florida, and Tennessee. > > As a former Texas Broker you know that in Texas, according > to the Real Estate License Act, practicing real estate > without an active license is a criminal offense; > specifically, a Class A misdemeanor punishable by > confinement of up to one year in a county jail and a fine > of up to $4,000.00. Unlicensed activity in Florida can > result in a first degree misdemeanor criminal charge and a > fine up to $5,000. Similar consequences hold in > Tennessee. On a related note, I was told that Florida in > particular is cracking down on people who mistakenly think > that taking options on properties constitutes taking an > ownership interest and therefore excludes them from > needing to be licensed. > > What constitutes practicing real estate? Each state has > its own definition, but in general almost every activity > connected with a real estate transaction, including > negotiating a purchase or sale, or soliciting buyers and > sellers, when performed for compensation, a commission, or > a fee, or in the expectation of same, constitutes > practicing real estate. > > Your contention that you can?t find any information > anywhere that states that ?strictly pricing? a home is an > act of real estate reserved only for brokers does have > merit, however. In fact, that practice is reserved > primarily for licensed appraisers. Although you call what > you want to do ?strictly pricing? the home by finding the > FMV, you are finding the FMV by conducting a 5-day sale. > Conducting a 5-day sale for a fee, while it may result in > finding the FMV, is not the equivalent to ?strictly > pricing? the home. It IS the equivalent to practicing > real estate. > > All of this is solely my take on the issues. A forum such > as this is great for sharing perspectives, tips, opinions, > experiences, and so on. If you want more, and if you are > still actively licensed in one of the states mentioned, > the best place to get free legal analysis is through your > association?s legal hotline. If you are not actively > licensed, the other free alternative is to contact the > respective departments of licensing in the states where > you intend to conduct your 5 Day Pricings. The only place > to get actual and actionable legal advice, covered by > malpractice insurance, is from a lawyer who provides it to > you, as a client, for a fee. > > Good luck in your quest for clarification. It sounds as > though you?ve spent some time and effort looking into > this. If it turns out that 5-day Pricings can be > conducted in such a way that licensing is not required, > there are loads of people around the country who would be > interested in conducting them commercially in their areas > and in hearing how to structure them to avoid > prosecution. This could lead to a book for you, or even a > franchise, if you come up with the right approach. > > Keep us posted. > > Jim F ? Realtor > Vancouver WA > > ------------------------------------------------------------------------ > *From:* > 5-dayforum-bounces+jamesfleming.realestate=gmail.com > @mailman.howtosellyourhomein5days.com > > [mailto:5-dayforum-bounces+jamesfleming.realestate > =gmail.com > @mailman.howtosellyourhomein5days.com > ] *On Behalf > Of *Jeff Brown > *Sent:* Saturday, January 16, 2010 3:42 PM > > *To:* 5-dayforum at howtosellyourhomein5days.com > > *Subject:* [5-DayForum] Acting as a "pricing consultant" > > Thanks to all for the comments. I have been a broker in > Tennessee, Texas and Florida. So i understand license > law...my only question here was: are we really > "negotiating the sales price" for the seller by finding > the FMV of their home?? I cant find any information > anywhere that states that "strictly pricing" a home is an > act of real estate reserved only for us lofty brokers?? We > don't assist anymore after the price is reached at the end > of the 5 days...The seller and possible buyer consummate > their own deal! The highest bidder is not necessarily the > Buyer in this case...its up to the seller to find his > buyer and close the deal after the FMV is reached...As Mr. > Bill O'Reilly says: Am I wrong? Thanks to you all again! > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > ------------------------------------------------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100120/19940dbb/attachment.html From janetislight at aol.com Wed Jan 20 11:03:19 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Wed, 20 Jan 2010 11:03:19 EST Subject: [5-DayForum] Quick Sales Message-ID: <78cc.50395da1.38888347@aol.com> Bill, Thank you. Something to think about. Janet In a message dated 1/20/2010 10:00:08 A.M. Central Standard Time, bill at effros.com writes: Janet, I've done radio publicity with people in many cities who are "buying" homes in foreclosure from banks at 60% of what they believe is current value, immediately running 5-Day Sales, and selling them to the high bidder Sunday night. I don't think either the paperwork or the money ever catches up with the deal -- everything happens at the closing when whoever actually owns the property at that point conveys it to the new final buyer, and all the middle people settle their profits and losses. I have spoken to people whose firms do 10 of these sales a weekend--they have people beating the bushes to find homes to buy, crews to show the homes and run the round-robins, they know the local market better than anyone, they always play fair, sell to the high bidder, and move on, they can't imagine why anyone would sell a home any other way. If they get less than 90% of what they expected, the buyer for the firm is in trouble, and all the other buyers adjust what they offer the banks. Bill Effros Author _janetislight at aol.com_ (mailto:janetislight at aol.com) wrote: I am a real estate investor and own my properties. I'm a cash kind of gal, so what you are saying piqued my interest on how others do it. If you have the house on contract.... what do you mean. Did you buy it on contract, not closed on it and are selling the contract to another? As I understand it, if you buy say 10 dollars worth of a house, then you are clear. You have an interest in the property. This is an interesting topic! Janet In a message dated 1/18/2010 5:56:19 P.M. Central Standard Time, _shane.myko at gmail.com_ (mailto:shane.myko at gmail.com) writes: Well, what about locking up a house on contract with the option to sell it to another individual. wouldnt I then be able to hold the 5 day sale to find a buyer I can sell the home to? Is that skirting the law? Is there anything wrong with that? It seems legit to me. I mean assignments and IEE's are done all the time in my area. Cant this just be another method of finding a buyer for me to sell the home to? I would hate to use this 5 day-method as an investor in the hopes of trying to find the highest price and then get in legal trouble for it. Because right now that is the way I understand it. That I can not use this method if I only have the house on contract. Is this true? On Mon, Jan 18, 2010 at 4:33 PM, <_lbicon at aol.com_ (mailto:lbicon at aol.com) > wrote: Shane, You are hillarious. Guess who my business partner was for the last 5 years? I'll give you a hint his ititials are G.C. My emaill address is one from a long time ago and there is no hidden message. I grew up on Long Beach Island hence LBI and the first 3 letter of my name and my nickname is CON. BTW I never told anyone that they couldn't do it. I told Jeff that he was better off being licensed. Don't you think that hundreds of people have already approched Bill about starting a consulting business. Guess why it hasn't happened. CK -----Original Message----- From: Shane Weller <_shane.myko at gmail.com_ (mailto:shane.myko at gmail.com) > To: How To Sell Your Home in 5-Days <_5-dayforum at mailman.howtosellyourhomein5days.com_ (mailto:5-dayforum at mailman.howtosellyourhomein5days.com) > Sent: Sun, Jan 17, 2010 7:20 am Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming <_jamesfleming.realestate at gmail.com_ (mailto:jamesfleming.realestate at gmail.com) > wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can?t find any information anywhere that states that ?strictly pricing? a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do ? strictly pricing? the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to ?strictly pricing? the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association?s legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you?ve spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F ? Realtor Vancouver WA ____________________________________ From: 5-dayforum-bounces+jamesfleming.realestate=_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) [mailto:_5-dayforum-bounces+jamesfleming.realestate_ (mailto:5-dayforum-bounces+jamesfleming.realestate) =_gmail.com_ (http://gmail.com/) @_mailman.howtosellyourhomein5days.com_ (http://mailman.howtosellyourhomein5days.com/) ] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: _5-dayforum at howtosellyourhomein5days.com_ (mailto:5-dayforum at howtosellyourhomein5days.com) Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum_ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) ____________________________________ _______________________________________________ 5-DayForum mailing list _5-DayForum at mailman.howtosellyourhomein5days.com_ (mailto:5-DayForum at mailman.howtosellyourhomein5days.com) _http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _ (http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum) _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100120/51125b8c/attachment.html From bill at effros.com Wed Jan 20 11:03:49 2010 From: bill at effros.com (Bill Effros) Date: Wed, 20 Jan 2010 11:03:49 -0500 Subject: [5-DayForum] Acting as a "pricing consultant" In-Reply-To: <4a25efec1001182200s206225fbp9ca2af141ae7563f@mail.gmail.com> References: <618391.20192.qm@web82502.mail.mud.yahoo.com> <4a25efec1001170720u657ca511i2a9e0f22215e9350@mail.gmail.com> <38AFAD67CE5F48568D99DA331533A688@JIMBIZ> <4a25efec1001181953x3885ee86p5f07f523b35f63a1@mail.gmail.com> <33F65FDD3B8547759607941EA6ABD0F2@JIMBIZ> <4a25efec1001182200s206225fbp9ca2af141ae7563f@mail.gmail.com> Message-ID: <4B572965.4030309@effros.com> Shane, Real Estate laws differ from state to state, as do the penalties. There were many states George would not enter. Bill Effros Author Shane Weller wrote: > Yeah Jim, > but how is that he is able to take it to the next level and not anyone > else? How is it possible that he is not legally bound to the normal RE > laws that you and I are bound to? What I am asking is, how is it > alright for him to be a "consultant" in several states yet illegal for > us to run the same game. Isnt he bringing together buyer and seller? > Isnt he getting paid a fee for his services in finding a buyer and > negotiating a price? How can he do this in states he is not licensed? > How come we cant do the same thing. How can something like this be > legal for one person but illegal for another? I just dont understand > and that is what I am trying to get to the bottom of. > > On Mon, Jan 18, 2010 at 10:51 PM, James Fleming > > wrote: > > Shane, > > > > Thanks for the heads up. I was not aware that Bill Effros > endorsed/endorses George Cappony. George?s site looks very > interesting; I encourage anyone who hasn?t visited it to do so. > He seems to have taken Bill?s system to a new level. > > > > Jim F ? Realtor > > Vancouver WA > > > > ------------------------------------------------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com > @mailman.howtosellyourhomein5days.com > > [mailto:5-dayforum-bounces+jamesfleming.realestate > =gmail.com > @mailman.howtosellyourhomein5days.com > ] *On Behalf Of > *Shane Weller > *Sent:* Monday, January 18, 2010 7:53 PM > > *To:* How To Sell Your Home in 5-Days > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Jim. > I apologize "backed" was not the correct word. I should have used > the phrase: > > "Effros hand-selected George as the national guru for this method > 11 years ago." > > This is according to Cappony's website: > http://www.5-daysale.com/learn/bio.htm > > Best, > Shane > > > > On Mon, Jan 18, 2010 at 6:11 PM, James Fleming > > wrote: > > Shane, > > > > George Cappony is backed by Bill Effros? I don?t mean to sound > critical, but I find that extremely difficult to believe. Where > did you hear that? > > > > Jim F > > > > ------------------------------------------------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com > @mailman.howtosellyourhomein5days.com > > [mailto:5-dayforum-bounces+jamesfleming.realestate > =gmail.com > @mailman.howtosellyourhomein5days.com > ] *On Behalf Of > *Shane Weller > *Sent:* Sunday, January 17, 2010 7:21 AM > > > *To:* How To Sell Your Home in 5-Days > > *Subject:* Re: [5-DayForum] Acting as a "pricing consultant" > > > > Jeff, > Do not let these people tell you it is not possible or that it is > illegal. That does not make any sense. Most importantly do not > take advice from anyone that has the name Ibicon. The name alone > does not pass my own personal "smell test". And I wouldnt take > advice from a Realtor either. No offense to any realtors out > there, but they are all told what you CANT DO!! Not what you can do. > > First of all there is a guy by the name of George Cappony that is > doing it. He is backed by Bill Effros. He has been featured on > several major networks including 20/20, Fox News, and others. So > how can that guy run 5-day sales in every state legally if he isnt > a licensed REA in every state? See what I mean? People are doing > this, they are doing it without an REA license, and they are doing > it legally. > > Heck even in my town there are "investors" who are trying a > similar method of selling homes in 5-days. How they are doing it? > I am not 100% sure. But they are and if there was something wrong > with what they were doing I am sure they would have been fined or > punished eons ago. And they are not REA's! > > Now as for your idea on "pricing" a home. That is a new one. Maybe > you can run it under "Find out what the public would pay for your > home" or "Fair Market Analysis" and let the seller decide if he or > she wants to sell the home at the price that was determined. If > they do, then they have a list of people who are willing to pay that. > > I dont see anything wrong with helping a seller determine the > price the public is willing to pay for their home. Appraisers are > fact junkies. Just the facts. What is wrong with your home, what > defects, etc. They miss facts or values that others may possibly > see in a home, like distance to work and school, kitchen layout, > gated area, etc. If it doesnt have a box that can be checked on > their form it doesnt have a "value". > > My point is this. There are values in a home that appraisers can > not put in their little appraisal forms. These are the values that > real people see and are willing to pay for. > > Dont listen to nay sayers. If it was not possible to conduct real > estate brokering without an REA license. Then there would be no > such thing as Real Estate Investors. > > I think REA's are so used to hearing what is not possible that > they have forgotten what is. Look into IEE's look into > Assignments. Someone is doing this and so can you. > > Best, > Shane > > On Sun, Jan 17, 2010 at 12:39 AM, James Fleming > > wrote: > > Jeff, > > > > I will respond to your question, not as an expert, not as a > scholar, but based upon my own understanding of this subject after > years as a Realtor and based upon checking with fellow Realtors in > Texas, Florida, and Tennessee. > > > > As a former Texas Broker you know that in Texas, according to the > Real Estate License Act, practicing real estate without an active > license is a criminal offense; specifically, a Class A misdemeanor > punishable by confinement of up to one year in a county jail and a > fine of up to $4,000.00. Unlicensed activity in Florida can > result in a first degree misdemeanor criminal charge and a fine up > to $5,000. Similar consequences hold in Tennessee. On a related > note, I was told that Florida in particular is cracking down on > people who mistakenly think that taking options on properties > constitutes taking an ownership interest and therefore excludes > them from needing to be licensed. > > > > What constitutes practicing real estate? Each state has its own > definition, but in general almost every activity connected with a > real estate transaction, including negotiating a purchase or sale, > or soliciting buyers and sellers, when performed for compensation, > a commission, or a fee, or in the expectation of same, constitutes > practicing real estate. > > > > Your contention that you can?t find any information anywhere that > states that ?strictly pricing? a home is an act of real estate > reserved only for brokers does have merit, however. In fact, that > practice is reserved primarily for licensed appraisers. Although > you call what you want to do ?strictly pricing? the home by > finding the FMV, you are finding the FMV by conducting a 5-day > sale. Conducting a 5-day sale for a fee, while it may result in > finding the FMV, is not the equivalent to ?strictly pricing? the > home. It IS the equivalent to practicing real estate. > > > > All of this is solely my take on the issues. A forum such as this > is great for sharing perspectives, tips, opinions, experiences, > and so on. If you want more, and if you are still actively > licensed in one of the states mentioned, the best place to get > free legal analysis is through your association?s legal hotline. > If you are not actively licensed, the other free alternative is to > contact the respective departments of licensing in the states > where you intend to conduct your 5 Day Pricings. The only place > to get actual and actionable legal advice, covered by malpractice > insurance, is from a lawyer who provides it to you, as a client, > for a fee. > > > > Good luck in your quest for clarification. It sounds as though > you?ve spent some time and effort looking into this. If it turns > out that 5-day Pricings can be conducted in such a way that > licensing is not required, there are loads of people around the > country who would be interested in conducting them commercially in > their areas and in hearing how to structure them to avoid > prosecution. This could lead to a book for you, or even a > franchise, if you come up with the right approach. > > > > Keep us posted. > > > > Jim F ? Realtor > > Vancouver WA > > > > ------------------------------------------------------------------------ > > *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com > @mailman.howtosellyourhomein5days.com > > [mailto:5-dayforum-bounces+jamesfleming.realestate > =gmail.com > @mailman.howtosellyourhomein5days.com > ] *On Behalf Of *Jeff > Brown > *Sent:* Saturday, January 16, 2010 3:42 PM > > > *To:* 5-dayforum at howtosellyourhomein5days.com > > *Subject:* [5-DayForum] Acting as a "pricing consultant" > > > > Thanks to all for the comments. I have been a broker in Tennessee, > Texas and Florida. So i understand license law...my only question > here was: are we really "negotiating the sales price" for the > seller by finding the FMV of their home?? I cant find any > information anywhere that states that "strictly pricing" a home is > an act of real estate reserved only for us lofty brokers?? We > don't assist anymore after the price is reached at the end of the > 5 days...The seller and possible buyer consummate their own deal! > The highest bidder is not necessarily the Buyer in this case...its > up to the seller to find his buyer and close the deal after the > FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to > you all again! > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > ------------------------------------------------------------------------ > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100120/d57a61ce/attachment.html From rosemarie-fred at mindspring.com Wed Jan 20 11:55:29 2010 From: rosemarie-fred at mindspring.com (Rosemarie Belcher) Date: Wed, 20 Jan 2010 11:55:29 -0500 Subject: [5-DayForum] Thanks, Bill References: <5f7a.584fe29a.38872ef8@aol.com> <4B55F9BE.4090006@effros.com> <4B5622DA.4000105@effros.com> Message-ID: Hi Bill, Thank you for clearing up the confusion about George Cappony. Again! Every so often he pops up and it is good to hear from you what your position is. This forum sometimes needs a little guidance, doesn't it? So I am glad you are still out there, giving us a little nudge from time to time. Looking forward to the next edition of your book - Rosemarie ----- Original Message ----- From: Bill Effros To: How To Sell Your Home in 5-Days Sent: Tuesday, January 19, 2010 4:23 PM Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jim, It's complicated. I first tried the 5-Day Method when Windows 1 was Microsoft's new operating system; Apple had a computer named after Steve Jobs' girlfriend; and nobody had even dreamed of Google. I wrote a book about the 5-Day Method following a chance encounter with the shortstop on my college intramural baseball team who I hadn't seen in 25 years. While doing publicity for the first edition of the book, I was approached by George Cappony who told me he liked the idea. When the Internet started to develop, I got a Web Address, however I had no time to develop the web site. At some point George said he would develop my site for me, at no cost, and the web site would display only information approved by me. I gave him permission, with the explicit understanding that he could never speak for me, and that I would sever all ties with him if he ever embarrassed me. My entire relationship with George is described on pages 63 and 64 of the Third Edition of my book. I completely severed all ties with George shortly after the Third Edition of the book was published. George told me the individual who hosted the web site and did much of the work on it had refused to return my Internet Address until George paid him money he said he was due. George also told me that the web site host planned to continue running George's business from that web site, with or without George. The web site posted to this Forum is a different web site address. My web site was eventually returned to me, although I still don't have the time to develop it. The last time I spoke to George, a couple of years ago, I told him I didn't ever want him to say he currently worked with me, or with my approval, and that I never wanted to speak with him again. He said he understood, and that he had completely left the "5-Day Method Consulting Business" to pursue more profitable ventures. I have never accepted money from George or anyone else, except my publisher, in connection with the 5-Day Method or 5-Day sales. Bill Effros Author James Fleming wrote: Bill, Thank you for weighing in. GC's site leads visitors like me and Shane to the conclusion that you and GC have a business relationship. Your response in this thread leaves no doubt that this is NOT the case. And, as you mentioned, this is not the first time you have addressed this issue on the forum. But yesterday, when Shane pointed us to GC's website, I visited it to see what he was talking about. I got the impression that you and George had come to terms. Were you ever affiliated, or is this all fabrication on George's part? Best, Jim F - Realtor Vancouver WA ---------------------------------------------------------------------------- From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Bill Effros Sent: Tuesday, January 19, 2010 10:28 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Thanks, Janet and Rosemarie, I have not been following this thread. George called me several years ago to tell me he had taken down this site, and had stopped making these claims. He also said he was out of the 5-Day consulting business. I have neither the time nor the inclination to chase him down. Anyone who wants to know what I think about George Cappony and his methods should go to the early months of the archives and read our exchanges. Following is a sample: (George used a lot of proxies and fake email addresses--I can't tell you the speaker is George, and I can't tell you he put this writer up to joining this Forum, but I can tell you that unlike Janet, I DID throw him off this Forum, and I DID tell him not to return.) This is taken directly from the archive, May 19, 2007: Jamie, I'm glad you had a successful experience with George, and glad you have posted it to this Forum. That is what this Forum is for. George's sales frequently suffer from Buyer's remorse--as you have stated "the highest bidder dropped out, and the backups did not come through initially". This sometimes happens in 5-Day Sales run according to the book, but extremely rarely. In my opinion, George's method fails to locate the best buyer at the best price, and then tries to hammer both the buyers obtained and the seller into settling on a lower price than would have been obtained by using the 5-Day Method as presented in the book. This may result in a sale, but, in my opinion, and how can I prove it, ... let me say "based on my experience" ... the seller could have sold the home at a higher price if the 5-Day Method were exactly followed. Properly run 5-Day Sales don't need consultants. Reserves are not legal in many places when used the way you imply you used yours. You do not have to take any price you don't want. When I found out what people meant by the phrase "He guided us to through negotiations and got us to our reserve" I was, quite frankly, appalled. You may not mean it in the same way it has been explained to me by others. What do you mean by that phrase? Is it something you are prepared to specify in an open Forum? Or is it something you suspect may be illegal or immoral? This is my problem with George's modifications, and this is my publisher's problem with George's modifications. We both want to make sure it is completely understood that these are George's methods, neither advocated nor endorsed by us. Bill Effros janetislight at aol.com wrote: I think before Bill "weighs in" on George Cappony, a conversation with his lawyer would need to happen. Just saying others are out doing similar things, but to name a name? Not smart. Janet In a message dated 1/19/2010 6:03:32 A.M. Central Standard Time, rosemarie-fred at mindspring.com writes: I hope Bill will weigh in on this one, but my understanding is that he does NOT endorse George Cappony. Rosemarie ----- Original Message ----- From: James Fleming To: 'How To Sell Your Home in 5-Days' Sent: Tuesday, January 19, 2010 12:51 AM Subject: Re: [5-DayForum] Acting as a "pricing consultant" Shane, Thanks for the heads up. I was not aware that Bill Effros endorsed/endorses George Cappony. George's site looks very interesting; I encourage anyone who hasn't visited it to do so. He seems to have taken Bill's system to a new level. Jim F - Realtor Vancouver WA ------------------------------------------------------------------------ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Shane Weller Sent: Monday, January 18, 2010 7:53 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jim. I apologize "backed" was not the correct word. I should have used the phrase: "Effros hand-selected George as the national guru for this method 11 years ago." This is according to Cappony's website: http://www.5-daysale.com/learn/bio.htm Best, Shane On Mon, Jan 18, 2010 at 6:11 PM, James Fleming wrote: Shane, George Cappony is backed by Bill Effros? I don't mean to sound critical, but I find that extremely difficult to believe. Where did you hear that? Jim F ------------------------------------------------------------------------ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Shane Weller Sent: Sunday, January 17, 2010 7:21 AM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] Acting as a "pricing consultant" Jeff, Do not let these people tell you it is not possible or that it is illegal. That does not make any sense. Most importantly do not take advice from anyone that has the name Ibicon. The name alone does not pass my own personal "smell test". And I wouldnt take advice from a Realtor either. No offense to any realtors out there, but they are all told what you CANT DO!! Not what you can do. First of all there is a guy by the name of George Cappony that is doing it. He is backed by Bill Effros. He has been featured on several major networks including 20/20, Fox News, and others. So how can that guy run 5-day sales in every state legally if he isnt a licensed REA in every state? See what I mean? People are doing this, they are doing it without an REA license, and they are doing it legally. Heck even in my town there are "investors" who are trying a similar method of selling homes in 5-days. How they are doing it? I am not 100% sure. But they are and if there was something wrong with what they were doing I am sure they would have been fined or punished eons ago. And they are not REA's! Now as for your idea on "pricing" a home. That is a new one. Maybe you can run it under "Find out what the public would pay for your home" or "Fair Market Analysis" and let the seller decide if he or she wants to sell the home at the price that was determined. If they do, then they have a list of people who are willing to pay that. I dont see anything wrong with helping a seller determine the price the public is willing to pay for their home. Appraisers are fact junkies. Just the facts. What is wrong with your home, what defects, etc. They miss facts or values that others may possibly see in a home, like distance to work and school, kitchen layout, gated area, etc. If it doesnt have a box that can be checked on their form it doesnt have a "value". My point is this. There are values in a home that appraisers can not put in their little appraisal forms. These are the values that real people see and are willing to pay for. Dont listen to nay sayers. If it was not possible to conduct real estate brokering without an REA license. Then there would be no such thing as Real Estate Investors. I think REA's are so used to hearing what is not possible that they have forgotten what is. Look into IEE's look into Assignments. Someone is doing this and so can you. Best, Shane On Sun, Jan 17, 2010 at 12:39 AM, James Fleming wrote: Jeff, I will respond to your question, not as an expert, not as a scholar, but based upon my own understanding of this subject after years as a Realtor and based upon checking with fellow Realtors in Texas, Florida, and Tennessee. As a former Texas Broker you know that in Texas, according to the Real Estate License Act, practicing real estate without an active license is a criminal offense; specifically, a Class A misdemeanor punishable by confinement of up to one year in a county jail and a fine of up to $4,000.00. Unlicensed activity in Florida can result in a first degree misdemeanor criminal charge and a fine up to $5,000. Similar consequences hold in Tennessee. On a related note, I was told that Florida in particular is cracking down on people who mistakenly think that taking options on properties constitutes taking an ownership interest and therefore excludes them from needing to be licensed. What constitutes practicing real estate? Each state has its own definition, but in general almost every activity connected with a real estate transaction, including negotiating a purchase or sale, or soliciting buyers and sellers, when performed for compensation, a commission, or a fee, or in the expectation of same, constitutes practicing real estate. Your contention that you can't find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for brokers does have merit, however. In fact, that practice is reserved primarily for licensed appraisers. Although you call what you want to do "strictly pricing" the home by finding the FMV, you are finding the FMV by conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may result in finding the FMV, is not the equivalent to "strictly pricing" the home. It IS the equivalent to practicing real estate. All of this is solely my take on the issues. A forum such as this is great for sharing perspectives, tips, opinions, experiences, and so on. If you want more, and if you are still actively licensed in one of the states mentioned, the best place to get free legal analysis is through your association's legal hotline. If you are not actively licensed, the other free alternative is to contact the respective departments of licensing in the states where you intend to conduct your 5 Day Pricings. The only place to get actual and actionable legal advice, covered by malpractice insurance, is from a lawyer who provides it to you, as a client, for a fee. Good luck in your quest for clarification. It sounds as though you've spent some time and effort looking into this. If it turns out that 5-day Pricings can be conducted in such a way that licensing is not required, there are loads of people around the country who would be interested in conducting them commercially in their areas and in hearing how to structure them to avoid prosecution. This could lead to a book for you, or even a franchise, if you come up with the right approach. Keep us posted. Jim F - Realtor Vancouver WA ------------------------------------------------------------------------ From: 5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com [mailto:5-dayforum-bounces+jamesfleming.realestate=gmail.com at mailman.howtosellyourhomein5days.com] On Behalf Of Jeff Brown Sent: Saturday, January 16, 2010 3:42 PM To: 5-dayforum at howtosellyourhomein5days.com Subject: [5-DayForum] Acting as a "pricing consultant" Thanks to all for the comments. I have been a broker in Tennessee, Texas and Florida. So i understand license law...my only question here was: are we really "negotiating the sales price" for the seller by finding the FMV of their home?? I cant find any information anywhere that states that "strictly pricing" a home is an act of real estate reserved only for us lofty brokers?? We don't assist anymore after the price is reached at the end of the 5 days...The seller and possible buyer consummate their own deal! The highest bidder is not necessarily the Buyer in this case...its up to the seller to find his buyer and close the deal after the FMV is reached...As Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum ------------------------------------------------------------------------ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum ---------------------------------------------------------------------------- _______________________________________________5-DayForum mailing list5-DayForum at mailman.howtosellyourhomein5days.comhttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum ---------------------------------------------------------------------------- _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum ------------------------------------------------------------------------------ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100120/94607848/attachment-0001.html From shane.myko at gmail.com Wed Jan 20 12:21:37 2010 From: shane.myko at gmail.com (Shane Weller) Date: Wed, 20 Jan 2010 10:21:37 -0700 Subject: [5-DayForum] Quick Sales In-Reply-To: <4B572831.2040805@effros.com> References: <3fb6b.34362d8d.38866191@aol.com> <4B572831.2040805@effros.com> Message-ID: <4a25efec1001200921t4905c28aoc307df90e85fb6bd@mail.gmail.com> Bill, That is something along the lines of what I want to do. I especially like the streamlining idea. However I dont actually want to purchase the home. I just want use this method while I have it locked up on contract. And if I dont find a buyer, then i would like to be able to walk away from the deal nothing owed to anyone. 1. lock a house up on contract 2. Use my 30 days within that contract to find a buyer using the 5-day method. 3. Secure a buyer before I have even purchased it yet. Bill I know you can not advise me on the law. But would you recommend me using your 5-day method with my system? On Wed, Jan 20, 2010 at 8:58 AM, Bill Effros wrote: > Janet, > > I've done radio publicity with people in many cities who are "buying" homes > in foreclosure from banks at 60% of what they believe is current value, > immediately running 5-Day Sales, and selling them to the high bidder Sunday > night. > > I don't think either the paperwork or the money ever catches up with the > deal -- everything happens at the closing when whoever actually owns the > property at that point conveys it to the new final buyer, and all the middle > people settle their profits and losses. > > I have spoken to people whose firms do 10 of these sales a weekend--they > have people beating the bushes to find homes to buy, crews to show the homes > and run the round-robins, they know the local market better than anyone, > they always play fair, sell to the high bidder, and move on, they can't > imagine why anyone would sell a home any other way. If they get less than > 90% of what they expected, the buyer for the firm is in trouble, and all the > other buyers adjust what they offer the banks. > > Bill Effros > Author > > janetislight at aol.com wrote: > > I am a real estate investor and own my properties. I'm a cash kind of gal, > so what you are saying piqued my interest on how others do it. If you have > the house on contract.... what do you mean. Did you buy it on contract, not > closed on it and are selling the contract to another? As I understand it, > if you buy say 10 dollars worth of a house, then you are clear. You have an > interest in the property. > > This is an interesting topic! > > Janet > > In a message dated 1/18/2010 5:56:19 P.M. Central Standard Time, > shane.myko at gmail.com writes: > > Well, what about locking up a house on contract with the option to sell it > to another individual. wouldnt I then be able to hold the 5 day sale to find > a buyer I can sell the home to? Is that skirting the law? Is there anything > wrong with that? It seems legit to me. I mean assignments and IEE's are done > all the time in my area. Cant this just be another method of finding a buyer > for me to sell the home to? > > I would hate to use this 5 day-method as an investor in the hopes of trying > to find the highest price and then get in legal trouble for it. Because > right now that is the way I understand it. That I can not use this method if > I only have the house on contract. Is this true? > > > > On Mon, Jan 18, 2010 at 4:33 PM, wrote: > >> Shane, >> You are *hillarious*. Guess who my business partner was for the last 5 >> years? I'll give you a hint his ititials are G.C. My emaill address is one >> from a long time ago and there is no hidden message. I grew up on Long Beach >> Island hence LBI and the first 3 letter of my name and my nickname is CON. >> >> BTW I never told anyone that they couldn't do it. I told Jeff that he was >> better off being licensed. Don't you think that hundreds of people have >> already approched Bill about starting a consulting business. Guess why it >> hasn't happened. >> >> CK >> >> >> >> >> >> >> -----Original Message----- >> From: Shane Weller >> To: How To Sell Your Home in 5-Days < >> 5-dayforum at mailman.howtosellyourhomein5days.com> >> Sent: Sun, Jan 17, 2010 7:20 am >> Subject: Re: [5-DayForum] Acting as a "pricing consultant" >> >> Jeff, >> Do not let these people tell you it is not possible or that it is illegal. >> That does not make any sense. Most importantly do not take advice from >> anyone that has the name Ibicon. The name alone does not pass my own >> personal "smell test". And I wouldnt take advice from a Realtor either. No >> offense to any realtors out there, but they are all told what you CANT DO!! >> Not what you can do. >> >> First of all there is a guy by the name of George Cappony that is doing >> it. He is backed by Bill Effros. He has been featured on several major >> networks including 20/20, Fox News, and others. So how can that guy run >> 5-day sales in every state legally if he isnt a licensed REA in every state? >> See what I mean? People are doing this, they are doing it without an REA >> license, and they are doing it legally. >> >> Heck even in my town there are "investors" who are trying a similar method >> of selling homes in 5-days. How they are doing it? I am not 100% sure. But >> they are and if there was something wrong with what they were doing I am >> sure they would have been fined or punished eons ago. And they are not >> REA's! >> >> Now as for your idea on "pricing" a home. That is a new one. Maybe you can >> run it under "Find out what the public would pay for your home" or "Fair >> Market Analysis" and let the seller decide if he or she wants to sell the >> home at the price that was determined. If they do, then they have a list of >> people who are willing to pay that. >> >> I dont see anything wrong with helping a seller determine the price the >> public is willing to pay for their home. Appraisers are fact junkies. Just >> the facts. What is wrong with your home, what defects, etc. They miss facts >> or values that others may possibly see in a home, like distance to work and >> school, kitchen layout, gated area, etc. If it doesnt have a box that can be >> checked on their form it doesnt have a "value". >> >> My point is this. There are values in a home that appraisers can not put >> in their little appraisal forms. These are the values that real people see >> and are willing to pay for. >> >> Dont listen to nay sayers. If it was not possible to conduct real estate >> brokering without an REA license. Then there would be no such thing as Real >> Estate Investors. >> >> I think REA's are so used to hearing what is not possible that they have >> forgotten what is. Look into IEE's look into Assignments. Someone is doing >> this and so can you. >> >> Best, >> Shane >> >> On Sun, Jan 17, 2010 at 12:39 AM, James Fleming < >> jamesfleming.realestate at gmail.com> wrote: >> >>> Jeff, >>> >>> I will respond to your question, not as an expert, not as a scholar, but >>> based upon my own understanding of this subject after years as a Realtor and >>> based upon checking with fellow Realtors in Texas, Florida, and Tennessee. >>> >>> As a former Texas Broker you know that in Texas, according to the Real >>> Estate License Act, practicing real estate without an active license is a >>> criminal offense; specifically, a Class A misdemeanor punishable by >>> confinement of up to one year in a county jail and a fine of up to >>> $4,000.00. Unlicensed activity in Florida can result in a first degree >>> misdemeanor criminal charge and a fine up to $5,000. Similar consequences >>> hold in Tennessee. On a related note, I was told that Florida in particular >>> is cracking down on people who mistakenly think that taking options on >>> properties constitutes taking an ownership interest and therefore excludes >>> them from needing to be licensed. >>> >>> What constitutes practicing real estate? Each state has its own >>> definition, but in general almost every activity connected with a real >>> estate transaction, including negotiating a purchase or sale, or soliciting >>> buyers and sellers, when performed for compensation, a commission, or a fee, >>> or in the expectation of same, constitutes practicing real estate. >>> >>> Your contention that you can?t find any information anywhere that states >>> that ?strictly pricing? a home is an act of real estate reserved only for >>> brokers does have merit, however. In fact, that practice is reserved >>> primarily for licensed appraisers. Although you call what you want to do >>> ?strictly pricing? the home by finding the FMV, you are finding the FMV by >>> conducting a 5-day sale. Conducting a 5-day sale for a fee, while it may >>> result in finding the FMV, is not the equivalent to ?strictly pricing? the >>> home. It IS the equivalent to practicing real estate. >>> >>> All of this is solely my take on the issues. A forum such as this is >>> great for sharing perspectives, tips, opinions, experiences, and so on. If >>> you want more, and if you are still actively licensed in one of the states >>> mentioned, the best place to get free legal analysis is through your >>> association?s legal hotline. If you are not actively licensed, the other >>> free alternative is to contact the respective departments of licensing in >>> the states where you intend to conduct your 5 Day Pricings. The only place >>> to get actual and actionable legal advice, covered by malpractice insurance, >>> is from a lawyer who provides it to you, as a client, for a fee. >>> >>> Good luck in your quest for clarification. It sounds as though you?ve >>> spent some time and effort looking into this. If it turns out that 5-day >>> Pricings can be conducted in such a way that licensing is not required, >>> there are loads of people around the country who would be interested in >>> conducting them commercially in their areas and in hearing how to structure >>> them to avoid prosecution. This could lead to a book for you, or even a >>> franchise, if you come up with the right approach. >>> >>> Keep us posted. >>> >>> Jim F ? Realtor >>> Vancouver WA >>> >>> ------------------------------ >>> *From:* 5-dayforum-bounces+jamesfleming.realestate=gmail.com@ >>> mailman.howtosellyourhomein5days.com [mailto: >>> 5-dayforum-bounces+jamesfleming.realestate<5-dayforum-bounces%2Bjamesfleming.realestate> >>> =gmail.com at mailman.howtosellyourhomein5days.com] *On Behalf Of *Jeff >>> Brown >>> *Sent:* Saturday, January 16, 2010 3:42 PM >>> >>> *To:* 5-dayforum at howtosellyourhomein5days.com >>> *Subject:* [5-DayForum] Acting as a "pricing consultant" >>> >>> Thanks to all for the comments. I have been a broker in Tennessee, >>> Texas and Florida. So i understand license law...my only question here was: >>> are we really "negotiating the sales price" for the seller by finding the >>> FMV of their home?? I cant find any information anywhere that states that >>> "strictly pricing" a home is an act of real estate reserved only for us >>> lofty brokers?? We don't assist anymore after the price is reached at the >>> end of the 5 days...The seller and possible buyer consummate their own deal! >>> The highest bidder is not necessarily the Buyer in this case...its up to the >>> seller to find his buyer and close the deal after the FMV is reached...As >>> Mr. Bill O'Reilly says: Am I wrong? Thanks to you all again! >>> >>> >>> _______________________________________________ >>> 5-DayForum mailing list >>> 5-DayForum at mailman.howtosellyourhomein5days.com >>> >>> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum >>> >>> >> _______________________________________________ >> 5-DayForum mailing list5-DayForum at mailman.howtosellyourhomein5days.comhttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum >> >> >> _______________________________________________ >> 5-DayForum mailing list >> 5-DayForum at mailman.howtosellyourhomein5days.com >> >> http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum >> >> > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > ------------------------------ > > _______________________________________________ > 5-DayForum mailing list5-DayForum at mailman.howtosellyourhomein5days.comhttp://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > > _______________________________________________ > 5-DayForum mailing list > 5-DayForum at mailman.howtosellyourhomein5days.com > http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100120/9459c523/attachment.html From bill at effros.com Wed Jan 20 13:32:34 2010 From: bill at effros.com (Bill Effros) Date: Wed, 20 Jan 2010 13:32:34 -0500 Subject: [5-DayForum] How to Unsubscribe In-Reply-To: <4424efe20901240127r1ba45164h70553f4a8513c3d@mail.gmail.com> References: <4424efe20901240127r1ba45164h70553f4a8513c3d@mail.gmail.com> Message-ID: <4B574C42.8030105@effros.com> 25 to 30 people a day subscribe and unsubscribe. If you are having a problem, it is probably on your own computer. The confirmation notice is probably going into your junk, trash or spam folder. Without confirmation that you are you, and that you wish to be subscribed or unsubscribed, the Forum gets spammed by people who aren't you, phishing for information about you that we never release. When you want to unsubscribe from the 5-Day Forum you must do it for yourself. It is the reverse of the process you used to subscribe: 1. Go to the 5-DayForum website: www.5-DayForum.com 2. Click on the blue word "unsubscribe" on the left side of the home page. 3. Fill in the email address of your subscription in the box provided. 4. Follow the instructions. Bill Effros List Administrator From chimaera86 at gmail.com Thu Jan 21 00:40:54 2010 From: chimaera86 at gmail.com (Jason Jodway) Date: Thu, 21 Jan 2010 00:40:54 -0500 Subject: [5-DayForum] Seller Financing Message-ID: What sort of impact might saying that seller financing is available have on the competition and the eventual sales price? -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100121/8e2eed0c/attachment.html From janetislight at aol.com Thu Jan 21 08:58:48 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Thu, 21 Jan 2010 08:58:48 EST Subject: [5-DayForum] Seller Financing Message-ID: <392e.2d5a936.3889b798@aol.com> If people are looking for seller financing, generally they do not qualify for a conforming loan. Not always, but most times. I have negotiated some of these deals, that always fell a part at the last minute, but the price was always higher that I would have sold to someone who could completely pay me out. This is just my personal opinion and experience. Others on here have had great success. Janet In a message dated 1/21/2010 12:12:08 A.M. Central Standard Time, chimaera86 at gmail.com writes: What sort of impact might saying that seller financing is available have on the competition and the eventual sales price? _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100121/dc416fe3/attachment.html From rosemarie-fred at mindspring.com Thu Jan 21 09:58:04 2010 From: rosemarie-fred at mindspring.com (Rosemarie Belcher) Date: Thu, 21 Jan 2010 09:58:04 -0500 Subject: [5-DayForum] Seller Financing References: Message-ID: <7E678C5C3CE14F35AE7819F6C45E271B@rosemarifv6onv> There are so many variables here that the answer is impossible. I did a sale where some of the people asked me about seller-financing, and I told them to put it in their bid. They bid more than anyone, and included a down payment & monthly payment in their bid. Unfortunately, others saw the high price and did not want to bid, as that price was too high for them. Since they were the high bidder, I called them first and they really could not afford what they had written down. If I had it to do again, I would not include a bid like that. Maybe have a separate sheet for that sort of offer. I think it helps to remember that the 5-day sale is a marketing system. All the other stuff - financing, terms, settlement, closing, etc., is just like any other sale. People often ask about seller financing anyway. If you advertise it you may attract people who really can't afford to buy a house, and you may end up like the banks, with a bad loan! If you try it, please let us know if it works for you. Would you include it in the ad? Or mention it during the sale? Or put it on a sign? My rambling here (sorry!) leads me to have the opinion that you are better off just going with the sale in the normal way, then negotiate, or offer financing to your high bidder if that's what you want to do. You should be able to get a higher price. Good luck! Rosemarie ----- Original Message ----- From: Jason Jodway To: 5-dayforum at howtosellyourhomein5days.com Sent: Thursday, January 21, 2010 12:40 AM Subject: [5-DayForum] Seller Financing What sort of impact might saying that seller financing is available have on the competition and the eventual sales price? ------------------------------------------------------------------------------ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100121/4ed8ea1c/attachment.html From maguirecc at bellsouth.net Thu Jan 21 17:05:57 2010 From: maguirecc at bellsouth.net (GREG MAGUIRE) Date: Thu, 21 Jan 2010 14:05:57 -0800 (PST) Subject: [5-DayForum] who has done one or more - 5day sales Message-ID: <844417.69475.qm@web83904.mail.sp1.yahoo.com> Hello- I just finished reading the book- and read it again. Is there anyone out there in forum who has done this 5- day sale in 2009 or 2010.?I need to ask some questions. I would really need a consultant to help me or an agent. Help!!!!!??? thanks, Crystal. -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100121/593a8166/attachment.html From janetislight at aol.com Thu Jan 21 19:10:02 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Thu, 21 Jan 2010 19:10:02 EST Subject: [5-DayForum] who has done one or more - 5day sales Message-ID: <16228.488cd634.388a46da@aol.com> Crystal, There are several of us on here who have conducted a 5-day sale, and others who want to be consultants in this field. I'm sure one of them will respond... the consultants. However, if you step by step the book, you shouldn't really need one. Maybe just shoot out your questions to the forum and we all will do our best. Very nice, helpful and realistic people here. Janet In a message dated 1/21/2010 4:14:45 P.M. Central Standard Time, maguirecc at bellsouth.net writes: Hello- I just finished reading the book- and read it again. Is there anyone out there in forum who has done this 5- day sale in 2009 or 2010. I need to ask some questions. I would really need a consultant to help me or an agent. Help!!!!! thanks, Crystal. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100121/67399b85/attachment.html From barrettai at aol.com Thu Jan 21 20:21:53 2010 From: barrettai at aol.com (barrettai at aol.com) Date: Thu, 21 Jan 2010 20:21:53 EST Subject: [5-DayForum] who has done one or more - 5day sales Message-ID: <183b4.4d9a411a.388a57b1@aol.com> Lots of free advice on _www.AuctionBySeller.com_ (http://www.AuctionBySeller.com) Kyle _www.AuctionByBuilder.com_ (http://www.AuctionByBuilder.com) In a message dated 1/21/2010 3:15:04 P.M. Mountain Standard Time, maguirecc at bellsouth.net writes: Hello- I just finished reading the book- and read it again. Is there anyone out there in forum who has done this 5- day sale in 2009 or 2010. I need to ask some questions. I would really need a consultant to help me or an agent. Help!!!!! thanks, Crystal. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100121/2d6df55a/attachment.html From rosemarie-fred at mindspring.com Thu Jan 21 22:58:05 2010 From: rosemarie-fred at mindspring.com (Rosemarie Belcher) Date: Thu, 21 Jan 2010 22:58:05 -0500 Subject: [5-DayForum] who has done one or more - 5day sales References: <183b4.4d9a411a.388a57b1@aol.com> Message-ID: <41C79BEBDBEE462F943E105583E49EAA@rosemarifv6onv> Send your questions here & we will do our best. You can do this. Where are you? Someone may be near you and be able to offer local advice, if that is what you need. The book really has all the answers. Rosemarie ----- Original Message ----- From: barrettai at aol.com To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Thursday, January 21, 2010 8:21 PM Subject: Re: [5-DayForum] who has done one or more - 5day sales Lots of free advice on www.AuctionBySeller.com Kyle www.AuctionByBuilder.com In a message dated 1/21/2010 3:15:04 P.M. Mountain Standard Time, maguirecc at bellsouth.net writes: Hello- I just finished reading the book- and read it again. Is there anyone out there in forum who has done this 5- day sale in 2009 or 2010. I need to ask some questions. I would really need a consultant to help me or an agent. Help!!!!! thanks, Crystal. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum ------------------------------------------------------------------------------ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100121/d54e3f3b/attachment.html From crmahar at gmail.com Thu Jan 21 19:41:12 2010 From: crmahar at gmail.com (Christine Mahar) Date: Thu, 21 Jan 2010 19:41:12 -0500 Subject: [5-DayForum] burning my bridges Message-ID: <52b3dfe71001211641o469c6365la12c53d7bdb1d19b@mail.gmail.com> I'm going for the 5-day sale; but I still owe $165,000 on my home and I worry that if I don't get a bid on the sale to cover my loan, I will have ruined my chances of putting it up for sale again. Thanks! -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100121/0ebfdb42/attachment.html From michael at documentexpressinc.com Thu Jan 21 19:13:13 2010 From: michael at documentexpressinc.com (Michael Chaney) Date: Thu, 21 Jan 2010 19:13:13 -0500 Subject: [5-DayForum] Does this work for investment properties with a renter in the property? Message-ID: <00c401ca9af7$b0d30720$12791560$@com> Michael Chaney Account Executive Document Express, Inc. 664 N. First Bank Drive Palatine, Illinois 60067 Phone: (800) 476-3627 Fax: (847) 991-3683 michael at documentexpressinc.com www.documentexpressinc.com Proud Gold Sponsor of the Illinois Association of Mortgage Professionals Proud Member of the MBA cid:image001.gif at 01CA7F07.9E3D8150 cid:image002.png at 01CA7F07.9E3D8150 cid:image003.png at 01CA7F07.9E3D8150 -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100121/6fcd969a/attachment.html -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/gif Size: 1440 bytes Desc: not available Url : http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100121/6fcd969a/attachment.gif -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/png Size: 18784 bytes Desc: not available Url : http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100121/6fcd969a/attachment.png -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/png Size: 3751 bytes Desc: not available Url : http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100121/6fcd969a/attachment-0001.png From maguirecc at bellsouth.net Fri Jan 22 11:14:49 2010 From: maguirecc at bellsouth.net (GREG MAGUIRE) Date: Fri, 22 Jan 2010 08:14:49 -0800 (PST) Subject: [5-DayForum] who has done one or more - 5day sales In-Reply-To: <41C79BEBDBEE462F943E105583E49EAA@rosemarifv6onv> References: <183b4.4d9a411a.388a57b1@aol.com> <41C79BEBDBEE462F943E105583E49EAA@rosemarifv6onv> Message-ID: <510898.31581.qm@web83901.mail.sp1.yahoo.com> Hi Rosemarie, Thanks for a response- I live in Murfreesboro,TN. about 30 miles south of Nashville- do you know anyone in the area that can consult and help w/ open house 2 days. Its the Round Robin that worries me the most-keeping everything straight and fair. My home shows like a model,very clean,great neighborhood,3290 sq.ft. good locaton in town and we own corner lot next door- for sale too.? Help!!!Help!! ________________________________ From: Rosemarie Belcher To: How To Sell Your Home in 5-Days <5-dayforum at mailman.howtosellyourhomein5days.com> Sent: Thu, January 21, 2010 9:58:05 PM Subject: Re: [5-DayForum] who has done one or more - 5day sales Send your questions here & we will do our best. You can do this. Where are you? Someone may be near you and be able to offer local advice, if that is what you need. The book really has all the answers. Rosemarie ----- Original Message ----- >From: barrettai at aol.com >To: 5-dayforum at mailman.howtosellyourhomein5days.com >Sent: Thursday, January 21, 2010 8:21 PM >Subject: Re: [5-DayForum] who has done one or more - 5day sales > >Lots of free advice on www.AuctionBySeller.com > >Kyle >www.AuctionByBuilder.com > >In a message dated 1/21/2010 3:15:04 P.M. Mountain Standard Time, maguirecc at bellsouth.net writes: >Hello- I just finished reading the book- and read it again. Is there anyone out there in forum who has done this 5- day sale in 2009 or 2010.?I need to ask some questions. I would really need a consultant to help me or an agent. Help!!!!!??? thanks, Crystal. >> >>_______________________________________________ >>5-DayForum mailing list >>5-DayForum at mailman.howtosellyourhomein5days.com >>http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum >> ________________________________ _______________________________________________ >5-DayForum mailing list >5-DayForum at mailman.howtosellyourhomein5days.com >http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100122/3f9f2aa4/attachment.html From maguirecc at bellsouth.net Fri Jan 22 11:21:15 2010 From: maguirecc at bellsouth.net (GREG MAGUIRE) Date: Fri, 22 Jan 2010 08:21:15 -0800 (PST) Subject: [5-DayForum] who has done one or more - 5day sales In-Reply-To: <16228.488cd634.388a46da@aol.com> References: <16228.488cd634.388a46da@aol.com> Message-ID: <289782.33210.qm@web83903.mail.sp1.yahoo.com> HI- Thanks for response. Does anyone experienced live in Tennessee, we are 30 miles south of Nashville,TN in town of Murfreesboro,TN.? It is the Round Robin that spooks me, all the calls and keeping them straight and fair.Our home show like a model,very clean,good location .I do not have a ny family here-except one and she works,single mom and husband can't either. So I guess I need some help. Let me know what you think?? I am at this alone..? thanks.crystal ________________________________ From: "janetislight at aol.com" To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Thu, January 21, 2010 6:10:02 PM Subject: Re: [5-DayForum] who has done one or more - 5day sales Crystal, There are several of us on here who have conducted a 5-day sale, and others who want to be consultants in this field.? I'm sure one of them will respond... the consultants.? However, if you step by step the book, you shouldn't really need one.? Maybe just shoot out your questions to the forum and we all will do our best.? Very nice, helpful and realistic people here. Janet In a message dated 1/21/2010 4:14:45 P.M. Central Standard Time, maguirecc at bellsouth.net writes: Hello- I just finished reading the book- and read it again. Is there anyone out there in forum who has done this 5- day sale in 2009 or 2010.?I need to ask some questions. I would really need a consultant to help me or an agent. Help!!!!!??? thanks, Crystal. > >_______________________________________________ >5-DayForum mailing list >5-DayForum at mailman.howtosellyourhomein5days.com >http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum > -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100122/909e3c3e/attachment.html From rosemarie-fred at mindspring.com Fri Jan 22 12:36:14 2010 From: rosemarie-fred at mindspring.com (Rosemarie Belcher) Date: Fri, 22 Jan 2010 12:36:14 -0500 Subject: [5-DayForum] burning my bridges References: <52b3dfe71001211641o469c6365la12c53d7bdb1d19b@mail.gmail.com> Message-ID: Part of the success of this is your attitude! Confidence! You WILL sell your house on Sunday. I am puzzled by the thought that doing this would have any effect on future selling. I don't think you should concentrate on that even enough to explain it! In the event that your bids are not enough, you can choose to let the bank bid on it (short sell it, but this will affect your credit), or hold off and try again or put it on the market. Having a 5-day sale should not change any of the options. But we have to think positive! Go for it! Rosemarie ----- Original Message ----- From: Christine Mahar To: 5-DayForum at mailman.howtosellyourhomein5days.com Sent: Thursday, January 21, 2010 7:41 PM Subject: [5-DayForum] burning my bridges I'm going for the 5-day sale; but I still owe $165,000 on my home and I worry that if I don't get a bid on the sale to cover my loan, I will have ruined my chances of putting it up for sale again. Thanks! ------------------------------------------------------------------------------ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100122/6eb61cd4/attachment.html From janetislight at aol.com Fri Jan 22 18:17:19 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Fri, 22 Jan 2010 18:17:19 EST Subject: [5-DayForum] burning my bridges Message-ID: <1680a.c7f0118.388b8bff@aol.com> Not at all! You wouldn't have burned a bridge, you can still list it after the sale IF it is unsuccessful, but it WILL BE!!!!! Keep the faith, Janet In a message dated 1/22/2010 8:35:27 A.M. Central Standard Time, crmahar at gmail.com writes: I'm going for the 5-day sale; but I still owe $165,000 on my home and I worry that if I don't get a bid on the sale to cover my loan, I will have ruined my chances of putting it up for sale again. Thanks! _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100122/2aca99fd/attachment.html From janetislight at aol.com Fri Jan 22 18:24:05 2010 From: janetislight at aol.com (janetislight at aol.com) Date: Fri, 22 Jan 2010 18:24:05 EST Subject: [5-DayForum] who has done one or more - 5day sales Message-ID: <16ab1.257eb800.388b8d95@aol.com> Ok. If this is the case, then you need greeters. And it is soooo very easy to keep everything straight with the forms available for download on the web site. Greeters can be and friend or neighbor. You can pay them a token for giving their time. Maybe take them out to dinner too. You know, friend thanks kind of stuff. With the round robin, your list will drop dramatically during the first round. People who really aren't interested or those that cannot afford the full price of your property. Take a deep breath. I am single and had three people help me. All they asked for was to share a couple of pizzas. You can do this. Just start getting your items together and you will get a great feel for the process as you move through it. We have even gotten play by plays on here during a sale and many responded. Greatest of luck to you, Janet In a message dated 1/22/2010 10:22:01 A.M. Central Standard Time, maguirecc at bellsouth.net writes: HI- Thanks for response. Does anyone experienced live in Tennessee, we are 30 miles south of Nashville,TN in town of Murfreesboro,TN. It is the Round Robin that spooks me, all the calls and keeping them straight and fair.Our home show like a model,very clean,good location .I do not have a ny family here-except one and she works,single mom and husband can't either. So I guess I need some help. Let me know what you think?? I am at this alone.. thanks.crystal ____________________________________ From: "janetislight at aol.com" To: 5-dayforum at mailman.howtosellyourhomein5days.com Sent: Thu, January 21, 2010 6:10:02 PM Subject: Re: [5-DayForum] who has done one or more - 5day sales Crystal, There are several of us on here who have conducted a 5-day sale, and others who want to be consultants in this field. I'm sure one of them will respond... the consultants. However, if you step by step the book, you shouldn't really need one. Maybe just shoot out your questions to the forum and we all will do our best. Very nice, helpful and realistic people here. Janet In a message dated 1/21/2010 4:14:45 P.M. Central Standard Time, maguirecc at bellsouth.net writes: Hello- I just finished reading the book- and read it again. Is there anyone out there in forum who has done this 5- day sale in 2009 or 2010. I need to ask some questions. I would really need a consultant to help me or an agent. Help!!!!! thanks, Crystal. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100122/8e6152cb/attachment.html From sash at hamburgerlaw.com Sat Jan 23 12:56:33 2010 From: sash at hamburgerlaw.com (Sharron Ash) Date: Sat, 23 Jan 2010 12:56:33 -0500 Subject: [5-DayForum] burning my bridges References: <52b3dfe71001211641o469c6365la12c53d7bdb1d19b@mail.gmail.com> Message-ID: <69267BBF1D48904FAEE1CA326F957DE50241EC60@mabel.hamburgerco.net> Rosemarie is right. I've done many five day sales in NY, and there are times when the price you get on one weekend just isn't enough. But the safety net is that you can always put it on the market, using a conventional realtor/MLS listing. No harm done. So get your confidence up, get your ducks in a row, and get ready to have fun selling your home! Sharron E. Ash, Esq. The information contained in this electronic communication is confidential and may be a privileged attorney-client communication. It is intended only for the use of the recipient named above. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution, or copying of this communication, or any of its contents, is strictly prohibited. If you have received this communication in error, please reply to the sender and delete the original message and any copy of it from your computer or facsimile system. Thank you. ________________________________ From: Rosemarie Belcher [mailto:rosemarie-fred at mindspring.com] Sent: Fri 1/22/2010 12:36 PM To: How To Sell Your Home in 5-Days Subject: Re: [5-DayForum] burning my bridges Part of the success of this is your attitude! Confidence! You WILL sell your house on Sunday. I am puzzled by the thought that doing this would have any effect on future selling. I don't think you should concentrate on that even enough to explain it! In the event that your bids are not enough, you can choose to let the bank bid on it (short sell it, but this will affect your credit), or hold off and try again or put it on the market. Having a 5-day sale should not change any of the options. But we have to think positive! Go for it! Rosemarie ----- Original Message ----- From: Christine Mahar To: 5-DayForum at mailman.howtosellyourhomein5days.com Sent: Thursday, January 21, 2010 7:41 PM Subject: [5-DayForum] burning my bridges I'm going for the 5-day sale; but I still owe $165,000 on my home and I worry that if I don't get a bid on the sale to cover my loan, I will have ruined my chances of putting it up for sale again. Thanks! ________________________________ _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum The information contained in this electronic communication is confidential and may be protected by attorney-client privilege. It is intended only for the use of the named recipient. If the reader of this message is not the named recipient, he or she may not distribute or copy any of this communication, including its attachments. If you have received this communication in error, please notify the sender by return email and delete the original message and any copy of it from your computer systems. In compliance with IRS regulations, any tax advice contained or attached to this communication was not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any matters addressed in this communication. Thank you. -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100123/a09b2f8b/attachment.html From crmahar at gmail.com Wed Jan 27 10:14:00 2010 From: crmahar at gmail.com (Christine Mahar) Date: Wed, 27 Jan 2010 10:14:00 -0500 Subject: [5-DayForum] Finding a settlement agent Message-ID: <52b3dfe71001270714k3d330b9u73cfda7dfdb3ab21@mail.gmail.com> Has anyone had experience with agents in the Atlanta/Greenville,SC areas? Please let me know. THANKS, Chris Mahar -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100127/eed2e4ea/attachment.html From Rachel at gatewaytitle.com Wed Jan 27 12:22:03 2010 From: Rachel at gatewaytitle.com (Rachel Torchia) Date: Wed, 27 Jan 2010 12:22:03 -0500 Subject: [5-DayForum] Finding a settlement agent In-Reply-To: <52b3dfe71001270714k3d330b9u73cfda7dfdb3ab21@mail.gmail.com> References: <52b3dfe71001270714k3d330b9u73cfda7dfdb3ab21@mail.gmail.com> Message-ID: Please call local title agencies. They can guide you on that. Rachel Gateway Title Cleveland, Ohio ________________________________ From: Christine Mahar [mailto:crmahar at gmail.com] Sent: Wednesday, January 27, 2010 10:14 AM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: [5-DayForum] Finding a settlement agent Has anyone had experience with agents in the Atlanta/Greenville,SC areas? Please let me know. THANKS, Chris Mahar -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100127/059974cc/attachment.html From icleanwindows at yahoo.com Mon Jan 25 16:55:41 2010 From: icleanwindows at yahoo.com (Ron Hershberger) Date: Mon, 25 Jan 2010 13:55:41 -0800 (PST) Subject: [5-DayForum] What media shall I use? Message-ID: <474368.14237.qm@web46014.mail.sp1.yahoo.com> Are there any 5-Day folks that have had experience with sales in the St Louis metro area?? What media outlets did you use effectively?? Do you have any suggestions regarding internet options?? Thanks -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100125/3e486aaa/attachment.html From 4everleigh at svcable.net Tue Jan 26 16:34:18 2010 From: 4everleigh at svcable.net (Annette Leigh) Date: Tue, 26 Jan 2010 16:34:18 -0500 Subject: [5-DayForum] list of home sellers Message-ID: Hello: I would like to read or talk to successful sellers using the 5 day method of selling. Thank you. Lady L hopeudance at svcable.net From dm_figuracion at comcast.net Thu Jan 28 14:32:40 2010 From: dm_figuracion at comcast.net (dm_figuracion at comcast.net) Date: Thu, 28 Jan 2010 19:32:40 +0000 (UTC) Subject: [5-DayForum] (no subject) Message-ID: <755677823.186141264707160447.JavaMail.root@sz0051a.emeryville.ca.mail.comcast.net> Hi, I am in the Tacoma/Gig harbor Wa area, I am going to sell my house using this "time tested" avenue.? I have questions for anyone who has done this in my area.? I am wondering if you were successful and any "pitfaal" I may need to look for.? I had a friend who did this and she sold a house in? Delaware? about 5 years ago. Thanking you in advanced D'Arcy dm-figuracion at comcast.net -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100128/d85ca33d/attachment.html From bill at effros.com Thu Jan 28 16:19:30 2010 From: bill at effros.com (Bill Effros) Date: Thu, 28 Jan 2010 16:19:30 -0500 Subject: [5-DayForum] How to Unsubscribe In-Reply-To: <4424efe20901240127r1ba45164h70553f4a8513c3d@mail.gmail.com> References: <4424efe20901240127r1ba45164h70553f4a8513c3d@mail.gmail.com> Message-ID: <4B61FF62.2080602@effros.com> 25 to 30 people a day subscribe and unsubscribe. If you are having a problem, it is probably on your own computer. The confirmation notice is probably going into your junk, trash or spam folder. Without confirmation that you are you, and that you wish to be subscribed or unsubscribed, the Forum gets spammed by people who aren't you, phishing for information about you that we never release. When you want to unsubscribe from the 5-Day Forum you must do it for yourself. It is the reverse of the process you used to subscribe: 1. Go to the 5-DayForum website: www.5-DayForum.com 2. Click on the blue word "unsubscribe" on the left side of the home page. 3. Fill in the email address of your subscription in the box provided. 4. Follow the instructions. Bill Effros List Administrator From bill at effros.com Thu Jan 28 16:20:30 2010 From: bill at effros.com (Bill Effros) Date: Thu, 28 Jan 2010 16:20:30 -0500 Subject: [5-DayForum] Vacation Mode Message-ID: <4B61FF9E.50305@effros.com> If you want to remain a member of this list without getting any mail, you can switch to "Vacation" mode. You will retain your membership status (ability to view all archives and download; ability to post directly to the Forum without a moderator review) and you will be able to change back to any non-vacation mode at will. 1. Go to the main website: www.5-DayForum.com 2. Click on the blue words "Your Account" on the left side of the home page. 3. Fill in the email address of your subscription in the box provided for "Unsubscribe or edit options" at the bottom of the page. 4. Disable the "Mail Delivery" box. Please note, you can change several other options to make the 5-Day Forum work better for you. You can switch the options back and forth at any time. Bill Effros From Janetislight at aol.com Thu Jan 28 19:58:25 2010 From: Janetislight at aol.com (Janetislight at aol.com) Date: Thu, 28 Jan 2010 19:58:25 EST Subject: [5-DayForum] list of home sellers Message-ID: <1bafd.4f6fca57.38938cb1@aol.com> We are all here... just ask! Janet In a message dated 1/28/2010 3:18:25 P.M. Central Standard Time, 4everleigh at svcable.net writes: Hello: I would like to read or talk to successful sellers using the 5 day method of selling. Thank you. Lady L hopeudance at svcable.net _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100128/82419251/attachment.html From rchou at urbansolutionsllc.com Sat Jan 30 06:59:23 2010 From: rchou at urbansolutionsllc.com (Raymond Chou) Date: Sat, 30 Jan 2010 05:59:23 -0600 Subject: [5-DayForum] Looking to observe an auction Message-ID: <000001caa1a3$aa725040$8301a8c0@RHC> Is there anyone conducting a 5 day auction in the near future, in the Midwest area? I would like to observe an auction before I do one myself. -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100130/b6d133c9/attachment.html From Janetislight at aol.com Sat Jan 30 20:47:44 2010 From: Janetislight at aol.com (Janetislight at aol.com) Date: Sat, 30 Jan 2010 20:47:44 EST Subject: [5-DayForum] Looking to observe an auction Message-ID: <134ac.7e0f8958.38963b40@aol.com> Where in the Midwest? I won't be doing for another month or so, but I would sure welcome you as a greeter! Pizza would be included for both days. I can even do the round robin at the house so you can see that work as well. Janet P.S. We don't like to use the word "auction" but 5-day sale. ;) In a message dated 1/30/2010 8:48:28 A.M. Central Standard Time, rchou at urbansolutionsllc.com writes: Is there anyone conducting a 5 day auction in the near future, in the Midwest area? I would like to observe an auction before I do one myself. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100130/66348feb/attachment.html From plmonte2007 at yahoo.com Sat Jan 30 20:58:06 2010 From: plmonte2007 at yahoo.com (PLM) Date: Sat, 30 Jan 2010 17:58:06 -0800 (PST) Subject: [5-DayForum] Looking to observe an auction In-Reply-To: <134ac.7e0f8958.38963b40@aol.com> Message-ID: <696454.52176.qm@web62004.mail.re1.yahoo.com> please delete me from your list --- On Sat, 1/30/10, Janetislight at aol.com wrote: From: Janetislight at aol.com Subject: Re: [5-DayForum] Looking to observe an auction To: 5-dayforum at mailman.howtosellyourhomein5days.com Date: Saturday, January 30, 2010, 7:47 PM Where in the Midwest?? I won't be doing for another month or so, but I would sure welcome you as a greeter!? Pizza would be included for both days.? I can even do the round robin at the house so you can see that work as well. ? Janet ? P.S.? We don't like to use the word "auction" but 5-day sale.? ;) ? ? ? In a message dated 1/30/2010 8:48:28 A.M. Central Standard Time, rchou at urbansolutionsllc.com writes: Is there anyone conducting a 5 day auction in the near future, in the Midwest area?? I would like to observe an auction before I do one myself. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -----Inline Attachment Follows----- _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100130/5a706619/attachment.html From bill at effros.com Sat Jan 30 21:37:24 2010 From: bill at effros.com (Bill Effros) Date: Sat, 30 Jan 2010 21:37:24 -0500 Subject: [5-DayForum] How to Unsubscribe In-Reply-To: <4424efe20901240127r1ba45164h70553f4a8513c3d@mail.gmail.com> References: <4424efe20901240127r1ba45164h70553f4a8513c3d@mail.gmail.com> Message-ID: <4B64ECE4.6030000@effros.com> 25 to 30 people a day subscribe and unsubscribe. If you are having a problem, it is probably on your own computer. The confirmation notice is probably going into your junk, trash or spam folder. Without confirmation that you are you, and that you wish to be subscribed or unsubscribed, the Forum gets spammed by people who aren't you, phishing for information about you that we never release. When you want to unsubscribe from the 5-Day Forum you must do it for yourself. It is the reverse of the process you used to subscribe: 1. Go to the 5-DayForum website: www.5-DayForum.com 2. Click on the blue word "unsubscribe" on the left side of the home page. 3. Fill in the email address of your subscription in the box provided. 4. Follow the instructions. Bill Effros List Administrator From BarrettAI at aol.com Sun Jan 31 11:37:04 2010 From: BarrettAI at aol.com (BarrettAI at aol.com) Date: Sun, 31 Jan 2010 11:37:04 EST Subject: [5-DayForum] Looking to observe an auction Message-ID: <5849.5e0dce3f.38970bb0@aol.com> You can observe a University of Denver video case study of a successful 5 Day Sale/Auction on _www.AuctionBySeller.com_ (http://www.AuctionBySeller.com) Kyle _www.AuctionByBuilder.com_ (http://www.AuctionByBuilder.com) In a message dated 1/30/2010 6:48:21 P.M. Mountain Standard Time, Janetislight at aol.com writes: Where in the Midwest? I won't be doing for another month or so, but I would sure welcome you as a greeter! Pizza would be included for both days. I can even do the round robin at the house so you can see that work as well. Janet P.S. We don't like to use the word "auction" but 5-day sale. ;) In a message dated 1/30/2010 8:48:28 A.M. Central Standard Time, rchou at urbansolutionsllc.com writes: Is there anyone conducting a 5 day auction in the near future, in the Midwest area? I would like to observe an auction before I do one myself. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100131/3e78cb89/attachment.html From dm_figuracion at comcast.net Sun Jan 31 18:57:33 2010 From: dm_figuracion at comcast.net (D'Arcy Figuracion) Date: Sun, 31 Jan 2010 15:57:33 -0800 Subject: [5-DayForum] Looking to observe an auction In-Reply-To: <5849.5e0dce3f.38970bb0@aol.com> References: <5849.5e0dce3f.38970bb0@aol.com> Message-ID: <001001caa2d1$291c1010$7b543030$@net> Again, this Auction is not how the 5 day sale is run. I am really confused by all of this email, it does not appear to be how the book outlines a 5 day sale. I would really like to know any information about a 5 day sale in the Tacoma/Gig Harbor WA area. I would like to hear from people who did this without the use of a consultant, or an auction. I am really second guessing whether this book holds true to what it is selling. D'Arcy From: BarrettAI at aol.com [mailto:BarrettAI at aol.com] Sent: Sunday, January 31, 2010 8:37 AM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Looking to observe an auction You can observe a University of Denver video case study of a successful 5 Day Sale/Auction on www.AuctionBySeller.com Kyle www.AuctionByBuilder.com In a message dated 1/30/2010 6:48:21 P.M. Mountain Standard Time, Janetislight at aol.com writes: Where in the Midwest? I won't be doing for another month or so, but I would sure welcome you as a greeter! Pizza would be included for both days. I can even do the round robin at the house so you can see that work as well. Janet P.S. We don't like to use the word "auction" but 5-day sale. ;) In a message dated 1/30/2010 8:48:28 A.M. Central Standard Time, rchou at urbansolutionsllc.com writes: Is there anyone conducting a 5 day auction in the near future, in the Midwest area? I would like to observe an auction before I do one myself. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100131/8d88b79f/attachment.html From Janetislight at aol.com Sun Jan 31 19:26:09 2010 From: Janetislight at aol.com (Janetislight at aol.com) Date: Sun, 31 Jan 2010 19:26:09 EST Subject: [5-DayForum] Looking to observe an auction Message-ID: <120e9.399a44c6.389779a1@aol.com> I watched a case study video at this site, and it really did follow the book's process. And the owner had a high end valuation of his property at 150,000, and received 149,900. Shazam!!! Another success story. BTW, I went to Auction By Seller Link. I had a 5-day sale and sold my house. Many on here have sold houses this way. I guess the best place to start unraveling your confusion is to state specifically how you feel the processes differ. Janet In a message dated 1/31/2010 5:57:54 P.M. Central Standard Time, dm_figuracion at comcast.net writes: Again, this Auction is not how the 5 day sale is run. I am really confused by all of this email, it does not appear to be how the book outlines a 5 day sale. I would really like to know any information about a 5 day sale in the Tacoma/Gig Harbor WA area. I would like to hear from people who did this without the use of a consultant, or an auction. I am really second guessing whether this book holds true to what it is selling. D?Arcy From: BarrettAI at aol.com [mailto:BarrettAI at aol.com] Sent: Sunday, January 31, 2010 8:37 AM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Looking to observe an auction You can observe a University of Denver video case study of a successful 5 Day Sale/Auction on _www.AuctionBySeller.com_ (http://www.auctionbyseller.com/) Kyle _www.AuctionByBuilder.com_ (http://www.auctionbybuilder.com/) In a message dated 1/30/2010 6:48:21 P.M. Mountain Standard Time, Janetislight at aol.com writes: Where in the Midwest? I won't be doing for another month or so, but I would sure welcome you as a greeter! Pizza would be included for both days. I can even do the round robin at the house so you can see that work as well. Janet P.S. We don't like to use the word "auction" but 5-day sale. ;) In a message dated 1/30/2010 8:48:28 A.M. Central Standard Time, rchou at urbansolutionsllc.com writes: Is there anyone conducting a 5 day auction in the near future, in the Midwest area? I would like to observe an auction before I do one myself. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100131/f5d36066/attachment.html From scottarose1 at gmail.com Sun Jan 31 19:30:34 2010 From: scottarose1 at gmail.com (Scott Rose) Date: Sun, 31 Jan 2010 17:30:34 -0700 Subject: [5-DayForum] Your confirmation is required to join the 5-DayForum mailing list Message-ID: please add me to your 5-day sale forum. Thanks Scott -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100131/7bbf9e8f/attachment.html From rchou at urbansolutionsllc.com Sun Jan 31 12:04:19 2010 From: rchou at urbansolutionsllc.com (Raymond Chou) Date: Sun, 31 Jan 2010 11:04:19 -0600 Subject: [5-DayForum] Looking to observe an auction In-Reply-To: <134ac.7e0f8958.38963b40@aol.com> References: <134ac.7e0f8958.38963b40@aol.com> Message-ID: <001901caa297$6e6080a0$fc82a8c0@RHC> Sorry for the misnomer, I am learning already. I am based in Chicago, but I am pretty flexible. Can you email me with details? Email: rhc2370 at gmail.com _____ From: Janetislight at aol.com [mailto:Janetislight at aol.com] Sent: Saturday, January 30, 2010 7:48 PM To: 5-dayforum at mailman.howtosellyourhomein5days.com Subject: Re: [5-DayForum] Looking to observe an auction Where in the Midwest? I won't be doing for another month or so, but I would sure welcome you as a greeter! Pizza would be included for both days. I can even do the round robin at the house so you can see that work as well. Janet P.S. We don't like to use the word "auction" but 5-day sale. ;) In a message dated 1/30/2010 8:48:28 A.M. Central Standard Time, rchou at urbansolutionsllc.com writes: Is there anyone conducting a 5 day auction in the near future, in the Midwest area? I would like to observe an auction before I do one myself. _______________________________________________ 5-DayForum mailing list 5-DayForum at mailman.howtosellyourhomein5days.com http://mailman.howtosellyourhomein5days.com/mailman/listinfo.cgi/5-dayforum -------------- next part -------------- An HTML attachment was scrubbed... URL: http://mailman.howtosellyourhomein5days.com/pipermail/5-dayforum/attachments/20100131/b4300806/attachment.html