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15 Homes For Sale in Laguna Woods Village - Ready or Not?

By
Real Estate Agent with Village Real Estate Services, Inc.

 Yesterday, I had the privilege of showing homes to a nice retired lady.  After raising her family in a large home in North Orange County, she's decided it's time to downsize.  She's planning to move into an active Senior Community called Laguna Woods Village (formerly known as Leisure World) in South Orange County.   She had identified a price range and we had seven homes on our schedule for the day.  After looking at about five of the seven, we decided to regroup.  We sat down at the computer with a bit higher price point and selected 10 new homes to go see.

We spent the day actually seeing 14 of the 15 on our list.  This community has approximately 15,000 homes and currently there are over 500 for sale.  In all we had selected 15 homes (5 on the original list and the 10 on the adjusted price list) to look at for the day.   Of the 15 homes, only 3 were occupied.  So with so much inventory and most of the homes being vacant and in about a six square mile area this should have been a very simple task, right?

Here's how our shopping day worked out:

  • We were unable to see one home because the owner was ill - it happens and was certainly understandable.
  • One of the homes was occupied by a gentleman who spoke little English.  When I called to schedule the showing, he clearly said, "I will not negotiate." Since the listing indicated "call first, go direct" I thought there must be some mistake, so I called the agent.  She said, "oh he doesn't speak English, just go there and show him your card and he'll let you in."  Sure enough when we just showed up at the door, he let us right in.  We looked at the home with him following us every step of the way, closing doors behind us and turning off lights.  He was trying to be helpful, I suppose.  Now, why would the listing agent say, call first when she knew the owner spoke only a few words of English?  And, apparently she had some way of communicating with the sellers, so wouldn't it be wise to let them know that it's not helpful to follow people around?
  • One of the homes we went to had an empty lock-box.  I called the listing agent who said, "Oh, we had the carpets cleaned yesterday, the key should be under the mat."  The key was under the mat and we were able to get into a home that was tightly closed on a 98oday, so the mixture of the smell of soggy carpet and the muggy air presented a very unappealing viewing.  We got as far as the front door and turned around.  All we accomplished there was getting the key back into the lock-box and saving the listing agent a trip.
  • One home we visited had so much mail piled up against the door I was barely able to push it open.  It has been on MLS for about 6 months and I'd guess the listing agent hasn't been by to check on the property for at least a couple of months judging from the pile of mail.
  • Then there was the listing with the combo box that was jammed.  I called the listing agent who offered to come right over.  So, we agreed I'd show another property first, and then come back to his listing in about twenty minutes.  In about ten minutes, the listing agent called to let me know that he'd just left the house and left the door open for us so all I had to do was close the door after we viewed it.  And just as an aside, he mentioned that as of about a week ago, this is a short sale...something not disclosed on the listing.  My client needs to move in 30 days.
  • My client's favorite house that we're going back to see again tomorrow with her adult son in tow was another showing joy.  The owner of the home insisted on showing us the home himself.  It was my mistake to allow him to do so-that won't happen again.  The owner felt it necessary to show us everything he had recently done to the home over the past couple years and to share stories about some of the personal items that had nothing to do with the home.  This was a real turn-off to my client, however, the home is so lovely, we are going back for a second look tomorrow.  I called today and scheduled some alone time for us to view the house without the seller present.
  • The remainder of the homes on our list were vacant homes in varying conditions.  Most were not move-in clean.  Some had been remodeled inappropriately and will be the subject of another article regarding making improvements to meet the needs of seniors when you are selling a home in a senior community

All in all, it would have been a disaster of a day, had it not been for such a delightful client.  Why have I detailed all this for you to read?  I've done so in hopes that you will be able to avoid these stumbling blocks and assist you in getting homes ready to sell.  Seniors typically need homes that are in move-in condition.  The information on the listings needs to be current as in the case of the week old short sale.  Make sure the lock-boxes actually work.  If your seller is incapable of communicating, why would you want to put a buyer's agent through the extra effort of trying to set an appointment and then having to call you for information anyway?

Again, this development currently has over 500 homes for sale.  Many have been on the market for 6-9 months.  I believe that the 15 homes we tried to see yesterday were an indication of why some of these homes have been on the market for so long.  It seems that the word fiduciary was merely a vocabulary word that some agents memorized for the exam and then felt it was one of those unnecessary bits of information in the practice of real estate.  The market has slowed down, so it would seem that this is the time for listing agents to ramp up their marketing efforts.  Increased marketing efforts don't seem to be prevalent in this seniors' community.  Many of the homes had no signs, only a few had flyers inside the home and many had obviously not been visited by the listing agents in many weeks or possibly months.  It's time to get back to basics.  Get the home ready to show, make it available to show, make sure it's in the best possible showing condition, service your listings checking on vacant properties to make sure they are actually in showing condition.

Thanks for letting me rant. 

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Marlene Bridges, REALTOR®  800 777-1775

South Orange County Real Estate Website

Orange County Seniors Lifestyles Blog

SRES - Seniors Real Estate Specialist®

CRS-Certified Residential Specialist®

President - Laguna Hills/Laguna Woods Chamber of Commerce

Marlene is a highly experienced  South Orange County CA REALTOR® specializing in residential Real Estate and the sale of Homes and Condos in South Orange County, California and Saddleback Valley cities of: Laguna Woods, Laguna Hills, Laguna Niguel, Laguna Beach, Rancho Santa Margarita, Lake Forest, Dana Point, San Juan Capistrano, San Clemente, Aliso Viejo, Mission Viejo.   

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Celeste "SALLY" Cheeseman
Liberty Homes - Mililani, HI
(RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
Good thing you had a sweet client and she had a wonderful REALTOR® !!  Very detailed and wonderful post to put the points out there!
Aug 08, 2007 04:28 PM
Rita Bradley
Laguna Hills, CA
Valuation Consultant in Orange County California 949-916-3263

Wow,  that's a shame.  I hope some of those listing agents read your article.   

Aug 08, 2007 04:41 PM
Jeff Belonger
Social Media - Infinity Home Mortgage Company, Inc - Cherry Hill, NJ
The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

Marlene.....  you can rant any time of the day.  Sorry to say this, but thanks for the little chuckle. Why?   Because you said this.  "It seems that the word fiduciarywas merely a vocabulary word that some agents memorized for the exam and then felt it was one of those unnecessary bits of information in the practice of real estate. "

In any case....  this was a detailed post and good job at explaining a few things... 

jeff belonger

Aug 08, 2007 05:14 PM
Irina Netchaev
Pasadena Views Real Estate Team, Inc. - Pasadena, CA
Pasadena CA Real Estate
Marlene, this is sooooo sad!  I was out showing property all weekend and ran into similar issues.  Outside of just trying to get into the homes - sellers not shwoing up for appts, lockboxes missing keys, etc., there were several homes that were so filthy, I couldn't wait to get out so that I can breathe again.  Very sad!
Aug 08, 2007 05:42 PM
Marlene Bridges
Village Real Estate Services, Inc. - Laguna Hills, CA
Laguna Homes|Laguna Condos|Laguna Real Estate

Sally - Thanks for the encouraging words.  Yes, I was absolutely blessed with a sweetheart of a client.

Rita - I agree.  It would be wonderful if some of the listing agents would happen upon this article.  I actually did have the opportunity to share some info with one of the agents who wanted some feedback.  I hope some of the sellers will read, too and realize that you just can't put something on the market that isn't clean.  Just because the carpet doesn't have holes in it doesn't mean that it's not ready to be replaced.  Powder blue shag hasn't been in style for a few decades.

Jeff - Thanks for allowing the rant.  Thanks for reading all the way to the end.

Irina - Sounds like you had some of the same issue over the weekend.  Honestly with so much inventory on the market some of these homes are lucky to be getting shown at all.

Aug 08, 2007 05:48 PM
Darrel Quebedeaux
Evergreen Realty & Associates Inc. - Newport Coast, CA

Marlene, I am amazed; you expect agents in our southern California market to work, how dare you?

Reality is a sad thing isn't it.  Every-time I am with a group of agents I find my self embarrassed by my surroundings, its now wonder clients think we are flakes.  Good luck.

Aug 08, 2007 09:24 PM
Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495

 Thanks for ranting!  And for the tips.  I appreciate how useful your posts are to the rest of us.

Mike in Tucson

Aug 09, 2007 12:46 AM
Bob Carney
Taylor-Made Deep Creek Vacations & Sales - Mc Henry, MD
Licensed MD/PA Real Estate Agent

Nice segway to get the sellers to think!  I think some sellers are in complete denial of the market.  We can't preach enough that they control PRICE and CONDITION of the property.  Both have to the best of the field in order to get the next contract. 

 

Aug 09, 2007 03:58 AM
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co

Marlene,

Sounds like you had a marathon showing day with your cient. Glad to hear things worked out well inspite of all you obstacles.

Aug 09, 2007 04:00 AM
Kaye Thomas
Real Estate West - Manhattan Beach, CA
e-PRO, Manhattan Beach CA
Marlene.. Seems to be a more common problem in 55+ units.. I think it's partly because often the owner isn't able to do much to the house and the agents are not as motivated as they should be.. 
Aug 09, 2007 05:03 AM
Marlene Bridges
Village Real Estate Services, Inc. - Laguna Hills, CA
Laguna Homes|Laguna Condos|Laguna Real Estate

Darrell - Yes, I'm afraid I'm guilty of expecting agents to actually perform the duties they're getting paid for.  I guess I'm spoiled because my real estate friends are all a great group of very hard-working men and women.  They are people who have all taught me through their actions how to best serve my clients.  I'm blessed with their friendship and mentoring.  I suppose that's why when I encounter something like this batch of incompetence it really jumps out at me.

MIke - Thank you so much for reading.  Glad that you received the article in the spirit in which it was intended - constructive not just criticism. (Love your cowboys and horses-cool!)

Bob - You are dead on - PRICE and CONDITION -  The sellers are in control.  As agents, we can certainly help if they'll allow us to help.Lynda - It was a marathon, but the wonderful lady you referred made it all worthwhile.  She is such a delight.  We'll be making an offer next week.:o}

Kaye - I think you're right.  articularly with depression era sellers.  If it isn't falling apart and can be cleaned they just don't replace things.  I saw 3 kitchens with miss-matched appiances - oilve green---give you any idea of the vintage?  Saw one today that looked to have a large stain on the carpet.  All that was missing was a big chalk outline - Gorss!


Aug 09, 2007 03:09 PM
Galel Fajardo
Costa Mesa, CA

So, agents are complaining about all the inventory on the market, yet they can't even make their properties nice enough to show??

Marlene, how do we get these people to list their homes with you?

I'm sorry you had such a tough day! I hope that we can educate consumers so that they list their properties with true professionals so we can get some of this inventory moving...

I hope you have a much more successful weekend!

Galel 

Aug 09, 2007 05:11 PM
Marlene Bridges
Village Real Estate Services, Inc. - Laguna Hills, CA
Laguna Homes|Laguna Condos|Laguna Real Estate
Galel - Thanks so much for the moral support.  It's such a shame that with so much on the market that people just don't seem to get it.  If homes are easy to show, clean and priced well, they will sell.
Aug 09, 2007 05:19 PM
Joe Zapata
Keller Williams Realty Media World - Burbank, CA
Your Burbank Real Estate Expert
Marlene - sorry to hear about the rough day.  They do seem to be coming around more and more these days.  I have had quite a few like that lately as well.  It is almost funny how there are a lot of agents complaining about not being busy but at the same time cannot check on their listings.  Are they working other jobs?  I recently went to show a home where the Supra was broken so I called the agent who instructed me to climb through the window.  Needless to say, I moved on to the next house. 
Aug 10, 2007 04:53 AM
Marlene Bridges
Village Real Estate Services, Inc. - Laguna Hills, CA
Laguna Homes|Laguna Condos|Laguna Real Estate
Joe - Climb through the window!  Unbelievable. 
Aug 10, 2007 06:22 AM
Sarah Cooper
Real Estate Shows - Hurricane, WV
Marlene, EXCELLENT, educational rant.  I enjoyed the feeling of going with you on your showings.
Aug 18, 2007 12:49 AM
Marlene Bridges
Village Real Estate Services, Inc. - Laguna Hills, CA
Laguna Homes|Laguna Condos|Laguna Real Estate
Sarah - Thanks for stopping by to read this one.  It was quite an adventure.  Looking back on it now, it was funny, yet very sad for the sellers who are depending on agents who seem to be doing very little to get these homes sold.
Aug 18, 2007 03:16 AM