Pricing your home when you list it is always a tricky thing....this is nothing new. I think it's a mis-perception that an agent is doing their best for a seller when they try to get the very highest sales price they can for a home. Of course, we want to maximize the profit (or minimize the loss) of a property transaction...but the financial picture is much bigger than just a sales price. We must also consider the next step. What can be lost by "chasing the market"? What is chasing the market you ask? Great question! Often a … (15 comments)
"Stay Away From My Client" There are opportunities in real estate everywhere. In the Southern California area, we are seeing frantic activity. Interest rates are low, prices are still low and inventory is small. The perfect storm for a crazy market.....oh, and did I mention that appraisers have not gotten the message about our rising market? Whew!!! Exhausting! But in addition to the tiring aspect of all this work, there are many consumers who don't know who or where to turn for help. Complacent listing agents are not helping this situation...so there is also a lot of agent-jumping. I … (27 comments)
I had a listing presentation this week. This was a good old fashioned equity seller....remember those? The ones who really cared about what the sales price turned out to be? I love those. The seller has owned the house for over 15 years; that's a lifetime when it comes to real estate markets. Naturally he had a lot of questions about how to effectively sell his Mission Viejo home. "How agressive are you in your representation?" Not that unusual of a question. Buyers and sellers both want to know that their agent is going to represent them and their … (129 comments)
3 Hours.....3 teeny tiny hours and holy cow!! I represent the buyers buying a bank owned house. It's in nice condition for a REO....or really for any home. Appliances are there, flooring intact, toilet flushes and is attached to the floor. Seems like things should go well? Right? Almost! While the home was on the market, it was broken into and someone sprayed graffiti on the wall of the master bedroom. So what you might say? It's paint! Yes it is...and the lender won't lend until it's gone. Don't ask me why. I had this come up … (23 comments)
Some people are crazy! Maybe it was the end of the world prediction which caused this offer to come into my inbox (mind you...the agent didn't have the nerve to call me first). The buyers obviously wanted to think about their new home prior to the earthquakes this weekend which were going to end life...I have no idea....full moon? I got an offer on a listing this weekend. Great right? Wrong! This offer, while not too off-base in price, asked that we take their offer now and then in a week "or so" they are going to list their … (21 comments)
I don't work near Elizabeth Weintraub...we don't "compete" for clients. So why is she making me work so hard to prove myself to a potential client? She's a blogger, that's why. I met with a couple about a month ago who are planning to purchase an investment property this summer. This couple lives and works overseas and might not have another opportunity to meet with me before they purchase this property....they might do it long distance. It's critical that they choose the right agent! So prior to our day together we'd been communicating my email and they had lots … (22 comments)
I went on a listing presentation this past weekend. In addition to the "what do you think of my home" and "what commission do you charge" type of questions, the other main question is: "What would you list my home for?" My answer is always the same.... "I don't know yet...let's talk about it" I explain that I have the same comps as everyone else and pricing the home is the easiest part of my job. What I'm hoping to accomplish in the meeting is a partnership approach to the listing. An agreement of how to proceed....then together … (34 comments)
I met a lovely woman this weekend. She is going to list her home to sell due to a new job out of state. This is not an experienced investor with a real estate team ready to go....but an average, normal homeowner who might buy and sell only a few times in her life. So how can she know who to work with? When I spoke with her on the phone she mentioned that she was meeting with 10 Realtors® and then would make a decision. 10!! As an Industry, where did we go so wrong that someone needs … (98 comments)
listing agent mission viejo: Thinking of Listing your Orange County, California home ? ... Dont Wait 'til Spring !!!!
- 01/15/11 01:27 PM
We are all tired and maybe a bit lazy after the holidays. Personally I was proud of myself that most of my rooms have been De-Christmased....most. I keep spotting Santas and trees. I might have too much decoration, but I digress. Spring is the beginning of activity in many parts of the country. Thawing! Even in Sunny California the real estate market heats up in April. Sheldon has written a great post that should be encouragement to sellers planning to list this Spring.....don't wait, act now!
I take my responsibilities very, very seriously. When I take on a new listing/buyer/investor I take on the pressure to make sure that everything goes smoothly. If you are listed for sale...you want/need to sell your house. I understand that. Regardless of how many listings I have, you are NOT just a number. I care as much as you do! I have a short sale right now that is scheduled for foreclosure at the end of the month. It's a great place, low priced and perfectly located. I don't understand why we don't have multiple offers by now. … (12 comments)
I start my days with the Daily Drop email from Active Rain. It is filled with interesting posts from members for real estate professionals as well as consumers. Today I read a post by Julea Joseph who is an experienced Stager. Is Home Staging now a Dirty Word? I have to say that unfortunately....YES, it is to many buyers. Staging doesn't always mean a professional bringing in special furniture and paintings. It can also mean leaving a tray on the bed with coffee cups or plastic pitchers by the swimming pool....it's anything placed in a home to evoke an emotional … (21 comments)
Uh Oh....frustration has set in! I started my morning with a very frustrated client. An equity seller who is just "trying to sell" their home. And all H-E-Double Toothpicks is setting in. Calm down....let's figure this out! The good and bad news is that they are getting tons of showings. I mean 3-4 a day. Great? Right? Sort of.....no offers yet. They are rearranging their days over-and-over and no offers. They are becoming unglued. "Why? Why aren't we getting offers? Are we priced too high? Is the home not showing well? Can we do something different?" Here's the … (6 comments)
If you are going to lie to me....may I suggest you take more care before you send emails? I might get one you didn't mean for me to read......ooooooops! :) I've spent the last couple days listening to the sob story of a buyer's agent telling me that the reason his client needs to cancel our escrow is because of a job loss. We are 2 weeks from the close and contingencies have been removed. My sellers are wonderful people who have bent over backwards for this buyer and have been conflicted about asking for the deposit. My … (255 comments)
listing agent mission viejo: Building Your Credibility At The Expense Of Others...Be Careful!
- 07/20/10 06:32 AM
I just read a post by a mortgage broker that really upset me. Can You Trust Your Real Estate Agent? In this post, the author made assertions about the motives behind a Realtor's® actions that were less than flattering. In essence the point was that Realtors® work on commission and so we often "push" the buyers into higher offers if we represent the buyers, and "push" the sellers to accept a lower offer if we represent the sellers. Wrong, wrong, wrong....on so many levels. But this post is not about refuting the negative comments about real estate agents, what I found … (34 comments)
listing agent mission viejo: Mission Viejo Realtor® | Who Would You Call To Sell Your Home In Mission Viejo | Need To Short Sale Your Mission Viejo Home | Karen Fiddler, (949) 510-2395
- 07/20/10 05:41 AM
Mission Viejo Realtor® | Who Would You Call To Sell Your Home In Mission Viejo | Need To Short Sale Your Mission Viejo Home | Karen Fiddler, (949) 510-2395 Are you thinking of selling your Mission Viejo Home?Do you need to sell as a short sale due to a change in circumstances? or are you an equity seller who is ready for a change? How do you find the right Realtor® to help you? Call me and let's talk! Mission Viejo has many wonderful communities. I live in the Madrid del Lago homes near Lake Mission Viejo. I can walk to … (2 comments)
listing agent mission viejo: Finally!!! I Found A Door Drop Flier That Worked!
- 06/22/10 12:17 PM
I don't know about you, but I don't read the door drop fliers that land on my front door step. Not unless I need a gardener or a new service of some kind. But would I use it to find a Realtor? No! So I've always seen them as a necessary evil for the neighborhood farm, and rarely done them. I'm sure I've missed opportunities by this, but not completely sure. I've been revamping my business this month. Everything from a new website to hiring a new team member and really tackling a geographical farm. So the door drop was a … (170 comments)
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