Sellers looking at Contract Terms
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
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
Refinance Considerations
When you’re making your decision, there are several things to keep in mind.
If your current interest rate is significantly higher than today’s lowest rates, you may be able to roll your loan costs into the loan and still get a lower rate than you have today, thereby reducing your interest payments and saving money immediately.
Second, if you are planning to stay in your home for at least three to five years, Read more
Judging a Book by it’s Cover….Always a Mistake
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!
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
Buyers…are You Commitment Phobic?
You’ve made the commitment to buy a house. You’ve committed to a lender and gotten your pre-approval letter and now it’s time to go looking. When it comes to choosing your Realtor(R), you’ve decided to take a different approach…find as many Realtors willing to work on your behalf. You’ll give the business to the one that actually finds the specific house you want. Sounds like a good plan, but is it? Are you hurting yourself instead? Read more
Can I really buy a house in Daly City for under $400,000?
Not only can you buy a house in Daly City for under $400,000 right now but in South San Francisco, Pacifica, and San Bruno as well. Most of these lower priced bargains are short sales and bank owned property. They are not always in the best shape or have a lot of bedrooms but they are opportunities that some people have been waitng for! Although there is competion again to buy in this price range, more and more homes become available every week. It’s sad on one hand but a hopeful first time buyer’s dream! Read more
Where Should We Work?
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
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