The first rays of sunlight are peeping into my home office as I sip my coffee and pull together a plan for what could be the best of times or the worst of times for the buyers and sellers I'm writing or negotiating offers this week.

 

First, I'm grateful to have offers to write and negotiate, and so are my clients.  I received offers on two of my listings last week, and two buyers wrote offers.  Score one for an uptick in the local real estate market.  The offers ran the gamut from over asking price to how low can we go and still expect a counter offer. The market is still volatile, but savvy buyers are cherry picking the sweet deals with great enthusiasm.

 

There was no resistance from a buyer when I suggested she needed to write an offer over asking price.  After months of tracking the market in her neighborhood of choice she recognized a great deal and was willing to pay for it.  Unfortunately, another buyer had more money down and offered a few thousand more--yes, there were multiple offers and all were over list price. That little hottie sold in one day!  My buyer was surprised she was outbid, but not discouraged.  One of my favorite words is Next.

 

Ahh, but that was last week.  Counter offers are out on two listings and I'm meeting with a buyer at 8:00am to write another offer.  It's a new week, with new opportunities and endless possibilities for success and achieving the goals of my clients, and maybe even earning a commission check or two!

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


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Norma Toering - REMAX Palos VerdesNorma Toering & Team RE/MAX Estate Properties
(310) 493-8333

PalosVerdesLifestyle- Norma's award winning site as the best Palos Verdes homes and real estate blog since 2007. Selected by Relocation.com as one of the top ten Los Angeles area real estate blogs. Chosen by MovingCost.com as one of the best Los Angeles realty blogs. Awarded 5 out of 5 stars by Lender411 blog review.  Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2 Comments on Check the Ink and Put More Paper in the Printer, There are Offers to Write

JUL
13
2009
338,932 Points 49 Featured Posts Outside Blog

Glad to hear things are hopping in your market Norma. It's not always easy juggling several buyers and offers at once but that seems to be the nature of our business right? Good luck w/ everything!
9:39am • #1
1,001,357 Points 43 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Colleen - Last week was one crazy busy week, but after several relatively quiet ones I was ready for some real estate action!
10:34am • #2

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Norma Toering Palos Verdes Homes in Los Angeles Area

Broker-Associate

Rancho Palos Verdes, CA

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REMAX Estate Properties Broker Associate Lic# 01147470

Address: 8 Miraleste Plaza, Rancho Palos Verdes, CA, 90275

Office Phone: (310) 493-8333

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Broker Associate with RE/MAX Estate Properties. Tune in for Best Buys in Palos Verdes; Market Updates; Buy & Sell Signals; Advice to Buyers & Sellers and other real estate related topics of interest. Updates will be posted on all four cities on the Palos Verdes Peninsula, PV School District and other happenings on The Hill.

South Bay Los Angeles cities I sell real estate in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.




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