placentia realtor: NIC PETROSSI -- Top Placentia Real Estate Agent, Placentia Homes (including Placentia Foreclosures) Market Update October 28, 2008 - 10/28/08 08:16 AM
Here are the numbers for Placentia homes, condos and townhomes as of October 28, 2008:
Total Active Homes (including condos & townhomes) : 178
Total Active Single Family Homes:  123
Total Active Condo / Townhomes: 54
Total Short Sale Properties (All Property Types) : 53
Total Bank Owned (REO's) : 29
Total Homes in Escrow (Pending or Backup Offers): 52
Percentage of Homes in Escrow vs. Total Homes on Market:  23%
   This is HUGE because going into November last year, the ratio was about 7%.  Home sales are up 3 TIMES what they were a year ago.  This is a … (0 comments)

placentia realtor: How to Get Buyers - 10/23/08 10:58 AM
I believe we can help each other by sharing ideas.
I am in Orange County, CA.  The way I get buyers is mainly through Open Houses, calls off my yard signs, referrals and once in a while from my website ----> Click Here
Let us know how YOU get MOST of your buyer leads and buyers for your real estate business.
 
A)  Open Houses
B)  Yard Sign Calls
C)  Referrals
D)  Door Knocking Prospecting
E)  Mail-Outs
F)  Internet Advertising (Website, etc.)
 
 
 
(10 comments)

placentia realtor: October 2008 Market Update on Placentia Homes from a Placentia Realtor - 10/20/08 05:35 AM
Here are the numbers for Placentia Homes as of today, October 20, 2008:
Total Active Homes on Market (single family homes + condos) = 190
Total Single Family Homes on Market = 130
Total Condos on Market = 60
Total Short Sale Properties on Market = 55
Total Bank Owned Foreclosures on Market = 29
Total Homes in Escrow = 49
Total Homes Closed from Sept. 20th through October 20th = 29
 
Search for Placentia Homes on my website ------> CLICK HERE
(1 comments)

placentia realtor: SIGN RIDERS -- What SHOULD you put on there??? - 10/17/08 09:49 AM
" I'M GORGEOUS INSIDE "
" COME ON IN "
" I'M CUTE INSIDE "
" BEST DEAL IN TOWN "
  Question:  What IS the right sign rider for your listing? 
My advice is to stay away from the cute sayings and stick to the basics.
If the home is single story, advertise that because there is a huge population of buyers looking for single story homes.  If it is completely remodeled inside, advertise it -- " COMPLETE REMODEL " If there is RV parking, use that, a pool?  throw it up there " POOL / SPA "  These aren't … (7 comments)

placentia realtor: Follow People Around at Open Houses? - 10/15/08 10:18 AM
When I first got into real estate, I would follow people around my Open Houses.
I'd ask them questions, especially the one they really love to hear, "Are you working with a Realtor?"  (That always makes them comfortable).
It took me awhile, but I finally realized something -- people don't like to be followed around and people don't like to be bugged and people don't like to be harrassed by a Realtor.  That kind of smothering is what gives Realtors a bad name!
So, here is how I handle it now -- I let people go wherever they want to go. … (9 comments)

placentia realtor: BOO!....Are you Scared Yet? Thoughts from a Placentia Realtor - 10/15/08 09:30 AM
Well here we are, it's almost Halloween and it's amazing how time flies!
We have seen so much happen in the last 4 years...the housing BUBBLE DEFLATION (the "bubble" is looking more like a deflated jumper on the lawn of a 7 year old birthday party).  We have seen banks scramble as they take back thousands of placentia homes, yorba linda homes and orange county homes back on their books.  We have seen BLACK MONDAY when the stock market plunged with almost unprecedented decreases.  (Scary, but felt almost the same way when I was watched the World Trade Center go down).  It has been a very … (1 comments)

placentia realtor: Placentia Home Prices: Bel Maison in Placentia - 10/09/08 07:57 AM
Bel Maison Market Update (10/9/2008)
 
Factors that affect eventual sales price are (but not limited to):
 
Location / View  (Golf Course Views on Underhill bring these above price ranges up into the high 8's and low 9's.   Plan 4 at 1154 Underhill (on golf course) sold for $1,035,000 in Nov/Dec 2007.  This home was extremely upgraded.  Prices have decreased significantly since then.  However, golf course views add tens of thousands to home value as well as homes with interior locations.  Buyers may or may not be turned off by your home backing up to Alta Vista or Dunnavant. Upgrades  … (0 comments)

placentia realtor: Nic Petrossi / Top Placentia Realtor / Top Yorba Linda Realtor 's Take on Bail Out Plan - 10/08/08 02:31 PM
$700 Billion....what does this mean for values of Placentia homes, Yorba Linda homes, Brea homes, and Orange County homes in general?  Well, first of all, I want to address Senator John McCain's response to the question asked in the debate on Tuesday, October 7, "What are you going to do to help our economy?"  The answer was something to this effect -- (For the government to) Buy up all those bad loans in America."  Why is this significant?  Though foreclosures in Orange County (and the rest of America for that matter) are still going to be commonplace in 2009-2010, the ability … (1 comments)

placentia realtor: Tip for New (and experienced?) Agents from a Placentia Realtor / Yorba Linda Realtor - 10/04/08 08:50 AM
When I started my career real estate, I wanted to do EVERYTHING in terms of marketing.
I wanted to do the postcards, the newsletters, my wife is a runner so we had a booth at the 5K and 10K races.  I did the internet advertising for a Schools website that promised me leads.  What this added up to was more money, more money, more money.  This was dangerous since a HUGE chunk of the money from the few deals I had were going to marketing ideas that DIDN'T WORK and yielded nothing for me in terms of business.
So, what do … (10 comments)

placentia realtor: Placentia Schools & Yorba Linda Schools (Middle & High) API Scores for 2007 - 10/03/08 06:23 AM
Although there are several important factors when deciding on a school for your children (location, demographics, calendar, etc.), the Academic Performance Index (API) standardized test is a measure of school performance and progress. Scores range from 200 to 1000.  A score above 800 is considered very good comparatively, and a score above 900 is considered extremely good or excellent in comparison to other schools statewide.
 
API ranks by school:
 
Bernardo Yorba Linda Middle  831
Travis Ranch Middle  No Accountability Report on Website
Yorba Linda Middle  841
Kraemer Middle  749
Valadez Middle  No Acountability Report
Tuffree Middle  822
 
El … (0 comments)

placentia realtor: 513 Dickinson Circle in Bel Maison Development Placentia, CA - 10/03/08 05:18 AM
This Gorgeous Bel Maison Plan 2B Residence is Perfect.
This 4 Bed / 3 Bath Home + Loft features over 2,600 square feet of living space on a quiet cul-de-sac in Prestigious Bel Maison in Alta Vista South.
The home features:
Crown Molding Throughout Upgraded Gourmet Kitchen Upgraded Baseboards Throughout Bull Nose Corners Throughout Whole House Water Softener Upgraded Designer Concrete Driveway Vaulted Ceilings Tasteful Two Tone Designer Paint Throughout Dual AC Unit Category V Wiring Wide Open Spacious Floor Plan Gorgeous French-Inspired Architecture 3 Car Garage with Wooden Roll-Up Garage Doors Lush Professional Landscape Indoor Laundry Bose Surround Sound in … (0 comments)

placentia realtor: Placentia Yorba Linda Schools (Elementary) API Scores for 2007 - 10/02/08 11:25 AM
Although there are several important factors when deciding on a school for your children (location, demographics, calendar, etc.), the Academic Performance Index (API) standardized test is a measure of school performance and progress. Scores range from 200 to 1000.  A score above 800 is considered very good comparatively, and a score above 900 is considered extremely good or excellent in comparison to other schools statewide.
 
API ranks by school:
 
Brookhaven Elementary  893
Bryant Ranch Elementary  902
Fairmont Elementary  888
Glenknoll Elementary 881
Glenview Elementary 818
Golden Elementary 902
Lakeview Elementary 906
Linda Vista Elementary 877
Mabel Paine Elementary 802
(0 comments)

placentia realtor: Example of YouTube Listing Pitch, 513 Dickinson Circle Placentia, California - 10/02/08 05:36 AM
Sorry about the quality...we'll be enhancing this next go round.
http://www.youtube.com/watch?v=nJcw0XQWlVE
What a great way to advertise your listings in this digital age!!!
 To see example of video introduction for your real estate website, click here --> Placentia Realtor, Yorba Linda Realtor, Placentia Homes for Sale, Yorba Linda Homes for Sale
(0 comments)

placentia realtor: "Simple is as Simple Does" -- Forrest Gump - 10/02/08 05:32 AM
With so many homes on the market and so few qualified buyers...
WHAT sells homes?
This is Fall, 2008...buyers are looking for a deal, and rightly so.  Depending on the areas/cities they're looking in, they could have potentially hundreds of homes to choose from in their price range.  Also, they're starting to ask the question, "How many days on the market?" clueing in to (and capitalizing on) the desperation of some sellers.  For example, homes in placentia and homes in yorba linda have an average days on market is over 90.  So, they're after deals.
Deals are often REOs......
And if … (2 comments)

placentia realtor: Welcome to the 21st Century -- the NEW Real Estate Marketing - 10/01/08 09:57 AM
Times are changing...
Some day you will no longer see...
Printed Flyers Just Listed Postcards Newspaper Advertising Magazine Advertising We are in the age of technology...the digital age...the Internet age. 
What is going on now?  What will we see in the future?
Pod-Casting Listings (See my example) Pure Internet Advertising (Zillow.com, Realtor.com, Yahoo! Real Estate, Front Door, Google Base, Homes.com, Trulia.com, Cyberhomes.com, etc.) Video Stream on Agents' websites (example) Text Messaging to get info on Listings (code and # on sign rider will even give you interior photos)....click to check out this company --> Wham Mobile. Times are changing, and the … (5 comments)

placentia realtor: Pitfalls with Swimming Pools -- NIC PETROSSI, Real Estate Agent Serving Yorba Linda Homes, Placentia Homes, Brea Homes, Fullerton Homes - 08/29/08 02:31 PM
"Honey, I really really want a pool when we buy our next home," she says as he clicks through the MLS, looking for homes in Orange County. 
Sparkling, cool, refreshing pool in the backyard on a hot, sunny day in Placentia, Yorba Linda, Brea or Fullerton aaaaaahhhh, there's nothing like it.  Cannon balls, water volleyball, cooling off, there's just something about BBQ'ing around a pool, it's downright American for crying out loud. 
But...
Are there pitfalls associated with having a pool in Orange County?  What should a prospective home buyer know before buying a pool home?  I recently went through 2 … (0 comments)

placentia realtor: I'll Never Pay 6% Commission!!! - 02/22/08 04:00 AM
 
This week, I received an email from an invidividual who simply asked, "Nic, I'm thinking of selling my home, what is your lowest you can go in commission?"  The following was my reply to that email: 
Let's say your home is worth $750,000 (for discussion sake).  The difference for 1% at that price would be $7,500.  That may sound like a good amount, but when you have the wrong Realtor listing your home and they give you 4.5% or 4% commission, it seems like you saved money, but in reality, when they don't market your home online, having the connections, do the Open Houses, possibly photography and home … (4 comments)

 
Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants)

Nic Petrossi

NIC PETROSSI

Placentia, CA

More about me…

TNG Real Estate Consultants

Address: 3000 E. Birch Street, Suite 102, Brea, CA, 92821

Office: (714) 203-8555

Mobile: (714) 272-3646

Yorba Linda Homes Voice and Area Expert Nic Petrossi Facts and Updates of Yorba Linda Homes, Placentia Homes, Brea Homes, Fullerton Homes, Anaheim Hills Homes, Orange Homes, and Surrounding Areas. First Time Home Buyer Program info, Placentia Yorba Linda school boundary maps, API scores for all Placentia Yorba Linda schools, lists of foreclosures for Yorba Linda, Placentia, Fullerton, Brea, Anaheim Hills. Specializing in fine homes luxury estates and giving you up-to-date information on the latest in the local Orange County real estate market.


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