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Sellers - Ask to see flyer & photo samples before you hire you listing agent/broker

July 2011The longer I am in this business, the more I continue to be shocked at how many listings have bad photos and/or property flyers, and with all the new technology there is absolutely no excuse for it.One of the worst examples I've ever seen was a listing for a unit in a large building - 150 units + - and the only picture was a blurry picture of the outside of the building. Not surprisingly, the unit in question didn't sell.Another, a $2.5M dollar home with no pictures at all.Unfortunately…
Posted In: Real-estate

The Flaws Behind the Case-Shiller Index Data

June 2011According to the latest Case-Broker Index, San Francisco Single Family home prices are down nearly 40% from their highs in 2006. Really? If homes were selling in San Francisco now for 40% off 2006 prices they wouldn't stay on the market more than about 24 hours.So where does this number come from? The Case-Shiller statistics for "San Francisco" are actually talking about the "San Francisco Metropolitan Statistical Area" (MSA), not just the city, which includes surrounding counties that…
Posted In: Real-estate

The Basics of Foreclosure (REO) Properties

May 2011 We frequently have clients asking about this type of properties and there seems to be a lot of misconceptions.First, you need to understand that there are two basic types of foreclosures Those sold at tax auction on the courthouse steps. Those already foreclosed on by the bank and being offered on the banks If you plan to buy at auction you need to understand the following. You will need cash You will not be able to do inspections or verify condition You may have to deal with clouds on…
Posted In: Real-estate

Open Letter to FSBO Sellers - It's Not as Easy as it Seems

March 2011As the owner of a Real Estate company I do understand why some sellers think they don't need an agent/broker to sell their property. And why not pocket the extra 5% - 6% it usually costs? Before you go down the FSBO road there are some things you need to know about how the process of an owner trying to sell their property really works: Most buyers are uncomfortable dealing directly with the owner, which means you'll have to pay a fee to a buyer's agent anyway. And many buyer’s agents…
Posted In: Real-estate

Remodeling Tips from a veteran of the fixer wars...

March 2009The words "remodel" and "renovate" can strike fear into the heart of many, but if you have some time and a willingness to learn you can beautify and increase the value of your home, condo, or investment property without punishing your wallet.As the owner of a San Francisco-based Real Estate company we've helped many clients envision the remodel possibilities for properties marketed as fixer uppers, provided contractor referrals, and find off-the-beaten path construction supply stores.…
Posted In: Real-estate

BUYERS – it DOES matter who you choose to represent you on the purchase of your property…

January 2011Although more buyers seem to be paying more attention to this issue than they used to with the change of the market in recent years, far too many still don’t give enough thought to which agent/broker/company is going to represent them on their purchase because the seller pays the commission. WAY too much money is on the line for that choice not to be well thought out and several interviews of potential agents/brokers should be conducted before choosing.Here are some important things…
Posted In: Real-estate

San Francisco Off-Market Listings

SF Buyers, your best shot in today's market is off-market or upcoming listingsPretty much everyone understands that the market in San Francisco has really heated up over the last year. It's gotten to the point now where even properties in what used to be fringe/second tier neighborhoods are getting multiple, over asking price offers. So what's a buyer to do?You could just wait, but there is another option. Your best shot in the this market is getting in to see properties before they ever hit the…
Posted In: Real-estate

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