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Rainmaker
1,922,443
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Dan - I can't believe that you are going to have questions like this on the real estate exam.

Oct 10, 2016 12:49 PM
Rainmaker
793,667
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

In the reas estate world? none Did you mean in the securities industry?

Oct 10, 2016 02:21 AM
Rainmaker
3,265,079
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

In real estate we do not have an options contract, but an offer to purchase. It can go back and forth many times before being signed by all becoming a contract

Oct 09, 2016 11:30 PM
Rainmaker
3,725,459
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I've never seen it done at all in real estate. 

Oct 09, 2016 11:28 PM
Rainmaker
4,564,722
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I have not seen this.

Oct 11, 2016 07:45 AM
Ambassador
5,035,934
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

none at all.

Oct 10, 2016 03:39 PM
Ambassador
4,309,924
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Dan Carpenter - I have not come across 'options' in Real Estate - as yet.

Does it exist? I doubt.

Oct 10, 2016 02:58 PM
Ambassador
3,986,094
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Once. Many of my investors use these but do it verbally until someone bites.

Oct 10, 2016 02:52 PM
Rainmaker
3,985,753
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I can't say I have seen it before

Oct 10, 2016 12:34 PM
Ambassador
2,523,346
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

I have seen plenty of of options, but never seen the paper sold to another party.

Oct 10, 2016 09:59 AM
Rainmaker
1,157,329
FN LN
Toronto, ON

What type of option contracts are you referring to (e.g. real estate, stock market etc.)?

Oct 10, 2016 09:00 AM
Rainmaker
4,799,256
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I haven't experienced any.

Oct 10, 2016 06:22 AM
Rainmaker
805,920
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Normally I had exercised mine (past options & without trading) within 4-5 months (if there was no great need in closing immediately). In some wholesale real estate business models one would see some trading of real estate options before the options are exercised (Normally professionals who work the retail side of real estate don't see this).

Oct 10, 2016 05:05 AM
Rainmaker
1,337,413
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Never seen it done.

Oct 10, 2016 05:05 AM
Ambassador
1,706,936
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Thank goodness I don't need to do something that can be a legal and ethical nightmare. Ask some investors from before 2008 about it.

Oct 10, 2016 04:37 AM
Rainmaker
2,948,905
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Never seen it at all in 14+ years. 

Oct 10, 2016 12:47 AM
Rainmaker
3,724,207
Richard Weeks
Dallas, TX
REALTOR®, Broker

I really don't understand your question.  Are you asking about assignments of contracts?

Oct 10, 2016 12:31 AM
Ambassador
1,615,844
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I have seen three times before exercised

Oct 10, 2016 12:21 AM
Rainmaker
6,167,132
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I do not recall any of these situations.

Oct 10, 2016 12:13 AM
Rainmaker
3,854,196
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not a fan of assignable contracts, so little experience!

Oct 10, 2016 12:00 AM
Ambassador
4,391,712
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I haven't had any experience with an options contract

Oct 09, 2016 11:51 PM
Rainmaker
3,830,615
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Like Tony and Suzanne Marriott, Associate Brokers - Never.  

Oct 09, 2016 11:50 PM
Rainmaker
3,069,179
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

never

Oct 09, 2016 11:40 PM
Rainmaker
1,430,777
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Dan Carpenter If you are referring to option contracts for hard money, I have seen it a few times. Investors who buy these usually wait until they are well seasoned.

If you are referring to options contracts for real estate properties, I haven't seen any trade hands. They are usually exercised or left to die.

Oct 09, 2016 11:35 PM