What Happened to the Highwater Bungalow on 24th & O Sts?

By
Real Estate Agent with Lyon Real Estate BRE #00697006

Well, Stub Hub is already selling tickets this morning for $2,000 each in Row A to see Fleetwood Mac at Golden 1 Center the day after Thanksgiving. Personally, I think the best person in that group is Lindsey Buckingham, and I last saw him at the Crest Theatre in downtown Sacramento where it cost me $49 to be in the front row. However, he's not on the tour anymore.

This is how I get sidetracked when I pop over to Active Rain to write a blog. Because I tend to check my throwaway email account first.

Today I would like to talk about the highwater bungalow in Midtown that just closed escrow yesterday. This is a wild and crazy story about how the seller was about to sign a contract with a discount agent when instead he called me. The agent had sent the listing paperwork to him through DocuSign. He was giving the seller a "break" on the commission, at 1.5% less than what I charge.

However, by hiring me, he made an extra $50,000+. The difference between what the discount agent charged and my commission was about $6,000 in supposed "savings". I say the seller made $50,000+ in part because the buyer's pest report alone was $18,000 and the seller didn't pay one dime in repairs. My experience has been discount agents often tend to push sellers to close and they seem more willing to accommodate buyer's wishes. Of course, there was also the estimate of value from the discount agent, too, which was tens of thousands too low.

Now that I review this, altogether, the seller ended up with about $73,000 more by hiring Elizabeth Weintraub.

The difference? It's a job to many discount agents. It's a passion to a full-service Realtor like me.

You can read more in my personal blog today at this link: The Sacramento Story of Selling a Highwater Bungalow in Midtown.

 

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Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

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Topic:
Home Selling
Location:
California Sacramento County Sacramento Midtown
Groups:
Everything California
Northern California Real Estate Professionals
CALIFORNIA REAL ESTATE
Lyon Realtors
ActiveRain Rockstars
Tags:
1500 24th st sacramento ca 95816
selling highwater bungalow in midtown
differences between discount agents and fullservice realtors
how a seller made 50k more in midtown
reasons to avoid discount agents

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Ambassador
1,555,035
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Bravo to you - and the seller for making the right choice. You get what you pay for - and often get more in the long run too. D 

May 01, 2018 09:05 AM #1
Rainmaker
1,367,420
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents, seller certainly made the right choice by listing with you. You get what you pay for. Congratulations on the sale! 

May 01, 2018 04:59 PM #2
Ambassador
3,271,631
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Elizabeth- congratulations to you!  The seller was lucky that he chose you... not only did you set a better list price than the others, you took the time to suggest what needed to be done. 

May 01, 2018 05:13 PM #3
Rainmaker
3,488,592
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth, congratulations on securing this listing, and savings this homeowner so much, and a successful closing! 

May 02, 2018 05:24 AM #4
Rainmaker
1,981,827
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Kathy Streib I always try to get sellers to see through my eyes what needs to be done. So glad he listened to me and hired a stager, too. Isn't that table setting eye catching? The stagers even replaced his drapes.

May 02, 2018 02:51 PM #5
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