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It's a Love-Hate Relationship with Short Sales--Like the Clients--HATE the Lenders!!! - 03/31/09 01:52 PM
Wow-two ratified contracts last week! Six of my nine listings are in escrow in one form or another and I am expecting more offers on 2-3 of these plus on another active listing.
Who said that the market is slow????Granted these are short sales and take more time but I would rather be busy doing lots of little transactions than be bored waiting for the one big one.
I am aware that many of us do not like short sales. Most agents I know don't like them; many prospective purchasers do not like having to wait for 2-3-4 months … (4 comments)
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Down, Down, Down--When Will It Sell? - 03/27/09 11:35 PM
Ouch-the backlash! I am befuddled by some of your comments (to my last blog post). Yes, it is good to get comments but part of being an independent contractor is just that--being able to make choices and some difficult decisions.
I have tracked a number of homes that have gone down, down, down in price. This one on Church was $112,000 when I first saw it. It was marketed by several brokers and went down to $85,000, less, less, $50-something and finally sold for $34,639. OMIGOD-the land or sewer or whatever is worth more than that!! I showed it several … (0 comments)
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Yes, Some Houses are Un-SELL-able! (in East Oakland!) - 03/25/09 10:45 PM
Wow, it wasn't easy but I canceled my listing of the little house that didn't sell in East Oakland.
Cute house--needed work, but great potential.
It is a sad state of affairs when price becomes irrelevant and some places won't sell no matter how low they are priced. Lowering the price of one acts as a downward spiral on the surrounding home prices.
No showings, no phone calls, nada. All someone would have had to do was buy, fix up with $20-30,000, rent out with cash flow and wait 3-5 years to triple their investment.
Of course, … (4 comments)
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Are Some Homes Un-SELL-able??? - 03/22/09 02:47 PM
Wow, I am so bummed. For the first time, I am unable to sell a normal listing. This is neither a short sale nor an REO—well, it is a probate and according to the attorney, the court won’t allow more than a 6% commission. This means if I were to lower the price again to a mere $75,000—though not convinced that it would sell at this price—my net commission would be less than $700!!!
Since I am now dating my company’s broker, he told the owner and she told me to cancel the listing. The reward isn’t worth the risk … (7 comments)
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Open Houses Can Be FUN!!! (when shared with Friends!) - 03/22/09 02:06 PM
Last Sunday, my colleague Carol, my buyer’s agent Arthur, and I held open two listings at the same time in the Marina Bay complex in Richmond.
One was an upper level, 2-bedroom, 2-bath for $250,000 and the other has one bedroom and is a ground level condo with a large patio.
It was sooooo much fun. We went back and forth and shuttled prospects from one to the other. The one-bedroom is more affordable. Some people want more space. Some like a view while others like privacy. The two condos complemented each other so well.
We had over … (0 comments)
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Feeling Overwhelmed but Grateful for My Colleagues - 03/09/09 02:10 AM
The Power of Intention is AMAZING!!! A few weeks ago, I was telling Tim (Charlene's husband-they own the building and Charlene owns the company) that I was going to get 10 listings. I was not so sure that I believed myself but I boldly put it out there. Of course, Tim goes running to Charlene and she asks me about it. So I thought about the six or seven in hand and the birds in the tree-and I said "yes, I am working on 10 listings". And sure enough, I now have-for the FIRST TIME EVER in my life-TEN LISTINGS!!! (And … (3 comments)
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Buckingham Palace??? (in the Claremont Hills) - 03/05/09 01:40 AM
I am amazed--sellers are coming out of the woodwork--I have never been so busy nor had such a variety of listings.
I wanted to share a unique opportunity in the Claremont Hills. The opportunity to finish the job someone else started and turn his financial disaster into your dream home with a million$$-plus view.
Here is my new listing on Buckingham Blvd.
The dream was to build a $2 million home. The reality: over $1 million in debt and currently listed as a short sale for $500,000.
I do have a lot of interest as there are investors with money … (0 comments)
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Rebecca White San Francisco Real Estate Agent
San Francisco,
CA
More about me…
Better Homes & Gardens Mason-McDuffie Real Estate
Address: 1 Daniel Burnham Ct., San Francisco, CA, 94109
Office Phone: (415) 929-5820
Cell Phone: (415) 412-1977
Email Me
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