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The Impervious Market
Yes, folks…we’re indeed in the impervious market. See this adorable house above? It’s a very cute 2 bedroom house in San Bruno that I sold earlier this week. It’s an estate sale and it required some...
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Pre-emptives
Probably as long as there has been a multiple offer environment there have been folks interested in finding a way around that kind of competition. Totally understandable really. Typically, the agent...
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Managing Expectations
I’ve always heard that the single most important thing that we do as agents is to establish expectations. At the end of the day I think that’s about 90% of the job. Of course that means telling the...
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Fun with FSBO
So I have this adorable listing at Edgewater Isle and my client is a very gifted DIY guy who’s done wonderful work in their place. It’s really gorgeous. Of course he can’t resist the temptation to...
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All About Timing
A client of mine asked me the other day about whether it was better to list this fall or wait until after the first of the year when the inventory situation could be better. Their goal is to move up...
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Over The Top
If there’s anything that will eventually hurt this market it may just be the unbridled greed that some sellers are showing lately. Understandably, there are sellers out there that have heard all...
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Probates
So I spoke to a nice couple last week who have a house to sell in San Mateo and it was the house that the gentleman here grew up in. It’s in trust, but has a probate connection because of a brother...
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Market Forces
It’s never a dull moment in this market and I really am seeing things I’ve never seen before. The market forces at work are really quite remarkable and sure do shape the way things are. Take the house...
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Preemptive Offers
Seems like a lot of us have gotten used to the pace and flow of this heated up market and sort of know it’s rhythms a bit…sort of. Every once in awhile there’s a phenomenon called the preemptive offer...
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The Sky Is Not The Limit
Well, we’ve reached an interesting observation point. Sellers in Foster City and elsewhere can actually overreach. After hearing about how crazy the market has been some sellers are putting their...
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Some Fallout
I had lunch with a friend of mine today who showed me a couple of letters he’s received at his house recently. It was interesting because I haven’t seen this type of letter at my house…but I suspect...
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Disclose
Here’s an interesting seller lesson. This story appeared yesterday on Yahoo and is about a homeowner in Pennsylvania that discovered through the neighbors (after she moved in) that a murder-suicide...
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Just How Bad Is It?
Well, just how bad is it? What I’m talking about is just how bad is this current spectacular lack of inventory on prices and thus on the overall market in general? Let’s look at a couple of cases in...
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Offer Presentation
The second question that came up from a reader (same reader actually) asked the following: “We are selling our house. What is the advantage and disadvantage of having the buyers agent...
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Both Ends
I have this little link here on the blog that says “Ask me something, I know stuff”. Sometimes I even do! Technology, on the other hand can sometimes baffle me and when somebody asks a question there...
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Changing Your Mind
Historically, when you buy a home you have a contingency or two that allows you to do inspections, get a loan, get a correct appraisal and also…to simply change your mind. That, of course, has changed...
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Ducks In A Row
For a long time it’s appeared to me that large expenditures on renovation or remodeling were kind of unnecessary when getting one’s place ready to sell. It came as no surprise to me then when I saw...
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Appraisal Problems
2012 has been such a funky year for appraisals. Possibly the most problematic year that I can remember too. The sharp incline in activity, multiple offers and overbids leading to price escalation has...
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The Unscrewable Pooch
Tom Wolfe, in his book “The Right Stuff” talked about how pilots feared making mistakes or doing something stupid that could often ruin careers, or worse, end up in tragedy. The pilots called it...
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Timing
When it comes to real estate, everyone likes to imagine that they’ll get lucky, or their planning will come out perfectly and their timing will turn out perfectly when they take the plunge. In truth,...
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