Lee Ginsburg

Offer Pricing

November 14, 2008 · · 2 Comments

I have several buyers very confused.  They offered the asking price for a Daly City home but were outbid by $50,000.  This is not supposed to happen in a today’s buyer’s market.  The low price is a marketing tool and not a realistic list price.  I explained before making a purchase offer, buyers must determine the true present market value. http://www.pruvoices.com/2008/10/what-is-market-value/   Read more

Shokoofeh Nowbakht

Halloween Foreclosed House

November 13, 2008 · · 2 Comments

I know Halloween is over, but I just remembered to share the photo of an interesting and very creative costume with you. As you know our San Bruno Prudential participated in giving candies out to children at Serramonte and Tanforan Malls as before on Halloween. It was a lot of fun. I saw the “Foreclosed House For Sale” walking and just had to ask him for a picture. The turbulence in housing market has affected many aspects of our lives, including our holidays. I wonder what kind of real estate Christmas ornaments we will see this year.

 

Dean Rizzi

Who is the winner in today’s real estate market?

November 6, 2008 · · 3 Comments

The First Time Buyer….

  1. They are buying homes today that don’t have inflated equity…
  2. They don’t have to wait for their home to sell…
  3. They have sellers willing to pay their closing costs and buy-down already good interest rates…
  4. They are in the first “Buyers” Market in nearly 8 years…  Read more
Lee Ginsburg

Pricing Homes to Sell in the Bay Area

November 2, 2008 · · 2 Comments

Pricing homes to sell.  Please note I said To Sell” not just “For Sale”. Correct Pricing in today’s Bay Area’s Real Estate Market is more important than ever.  To review market value please check out,   http://www.pruvoices.com/2008/10/what-is-market-value/  Overpriced homes do not get viewed.  They remain on the market for a long time, become stale and even after chasing the market with price reductions usually sell below market value.  Buyers think something is wrong with it; the sellers are frustrated and desperate.  Read more

Jean Joh

Visiting Homes in the Rain?

November 2, 2008 · · 4 Comments


I just got back from hosting an Open House in Burlingame.  It’s a beautiful house but it was pouring rain outside, so needless to say, not too many people came through.  With that fresh in my mind, I thought I would write a quick blog about why it might be a good idea to view a home when it’s raining. 

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