STIMULUS PACKAGE – WHAT IT MEANS TO BAY AREA HOMEBUYERS?

February 13, 2009 · Annie Chang · 9 Comments

Our Broker posted a blog yesterday about “STIMULUS PACKAGE, WHAT REAL ESTATE PARTS MEAN?” Since I am currently working with a few prospective first-time homebuyers, I thought I’d picked their brain during my follow-up calls after the blog was posted. In particular, I asked them “if the stimulus package is finalized and homebuyers will get the benefit of the $8K tax credit, is that a good incentive for you to buy a house now?” Read more

STIMULUS PACKAGE, WHAT REAL ESTATE PARTS MEAN?

February 12, 2009 · Brian Boisson · 4 Comments

It seems that a Stimulas Package has been agreed upon, curious what part you feel will be do the most good in the Daly City, South San Francisico, San Bruno and other lower price real estate market places? The $8,000 tax credit for first time buyers, reinstating the $729,500 conforming loan limits, or maybe the raising to 10 the number of 1-4 residential loans an investor can secure. What do you think?

Housing Stimulus – An Open Letter to the Politicians

February 10, 2009 · Lee Ginsburg · 6 Comments

To Congress Woman Jackie Spier, Senator Diane Feinstein, and Senator Boxer

I am a local realtor specializing in San Mateo and San Francisco Counties. I do not think the $15,000 Home Buyer Tax Credit in the Economic Stimulus Package is making best use of Tax Payers money. Read more

Sellers looking at Contract Terms

February 10, 2009 · Shokoofeh Nowbakht · 8 Comments

Buyers and their agents need to be very careful about not only the offer price, but also the terms of the contract. Sellers do not always just accept the highest offer, as one might think.They want to SELL the property and the only way that would happen is Read more

Millbrae Community Workshop

February 6, 2009 · Terry Birt · 8 Comments

Last evening I attended a Millbrae NOW Community workshop. The meeting was open to the public and hosted by our city staff. The purpose of the workshop was to inform the community of its economic status, and what methods can be used to raise revenue for Millbrae’s’ vital services.

After hearing all the presentations, the conclusion was that the city does not have enough revenue to maintain its current services and is not building a surplus in our infrastructure which could be a huge liability if there was an emergency.

They were able to illustrate what cuts have been made by providing data on the sources of revenues and how it is distributed. It was demonstrated how the city was able to cut costs by sharing services, staff, and program budgets, such as fire and police with other cities, without impacting public safety. Read more

Judging a Book by it’s Cover….Always a Mistake

February 3, 2009 · Kathy Wall · 8 Comments

At our office meeting this morning we discussed the fact that a large chain restaurant plans to offer free breakfasts to anyone who comes to their restaurant tomorrow. I won’t be going, because I have been boycotting them for more years than I can remember, after reading (on many occasions and in several locations) that their corporate culture allowed employees to discriminate again African Americans. I’ve never gone back since.

This made me think about how important our public image is and how one wrong move can cost us a customer for life. We need to be extremely conscious all the time about what we say and how we say it, both with our voices our physical gestures, and our written words. A silly joke that someone finds offensive or the way we discuss a neighborhood at an open house…almost anything can have the potential to lose a client or hurt someone’s feelings. Read more

Benefits of staging!

February 1, 2009 · Francis G. Bautista · 7 Comments

After writing my blog on “What is staging?” I am following up with the benefits of staging and the return in dollars to the seller. After some thought, I called a friend, Yvette Thoma, who was a San Bruno Prudential Realtor and who has gone on to successfully open “Let’s Stage it” a local staging company.

She was kind to provide me with some real numbers and facts. Per Yvette Thoma “Out of the last 25 homes staged in 2008, “Let’s Stage it” clients in San Francisco recieved 3% above average market asking price and in some cases 8% above asking. The homes also sold in half the time.” Per Yvette “the cost of staging is much less than your first price reduction!” Lastly “Staging is not a expense it is an investment and is tax deductible.” Read more

Where Should We Work?

January 27, 2009 · Kathy Wall · 5 Comments

Over the years, one of the big controversies in the real estate world has been where we should work…what territories should we cover? Should we stick only to the areas near our office or home or should we branch out and sell properties in other areas? After all, our real estate license is for the entire State of California.

When my office was in Pacifica, there were many agents who would, literally, refer out any listings or sales that weren’t on the Coast. They wouldn’t “go over the hill.” I know that this is true for many agents in other areas, as well. Personally, I have always been of the mindset that “have license, will travel.” Read more