Shokoofeh Nowbakht

How Many Offers before I’m a Home Owner?
August 10, 2009 · Shokoofeh Nowbakht · 5 Comments

Recently, it seems like buyers are writing several offers on multiple properties simultaneously before they can ratify one. One of my clients has 3 offers on short sale properties. He asked me yesterday to show him two more properties. There is no certainty that he ratifies any of the offers. Good thing is that he is not giving up and in fact, he is certain that one of these days he will own a house. Is this a numbers game? How many offers do you have to write before you actually ratify one and become a home owner? What has been your experience lately?

Here’s the story of how I became a home owner … I bought my house about 9 years ago. I looked at properties for about a month, found a house and made an offer. I got countered to give my best and highest offer because there were 2 other offers. I came back with my best offer which was $25,000 over asking. Luckily, I wrote the winning offer. The point is that I only wrote ONE offer and I became a home owner.

Shokoofeh Nowbakht      http://www.shokoo.com/

Lee Ginsburg

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

Dean Rizzi

Who is the winner in today’s real estate market?
November 6, 2008 · Dean Rizzi · 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