There are a whole new set of fees
that will be charged to Californians who are recording
real-estate-related documents ("real estate instruments") that are not
part of, or connected with, a real estate sale. The fee is $75 per
document, up to a limit of $225 per occasion.
It is important to note that it is not the kind of
instrument that is important, but, rather, the context in which it is
being recorded. If, for example, you are refinancing your property,
part of the transaction involves recording a new trust deed. That will
cost you $75 (in addition to whatever other costs might be incurred).
If, however, you are recording a trust deed in connection with the sale of a property, the extra charge will not be imposed.
Also, no charge will be imposed on a transfer of property -- even
if it is not a sale -- to a person who will be an owner occupant.
What kind of documents might a property owner want to record,
even if no sale is occurring? A short, incomplete, list might include:
deed of trust, re-conveyance, assignment of trust deed, declaration of
homestead, easement, mechanic's lien, notice of completion, and
covenants, conditions, and restrictions. There's plenty more, and they
all cost an extra $75 a pop (up to $225 per transaction).
This is all the result of Senate Bill 2 (Atkins), the Building
Homes and Jobs Act, which the Governor signed into law September 29,
2017. It made additions to both the California Government Code
(§27388.1) and the Health and Safety Code (§50470).
The purpose of the bill was to provide a permanent source of
money that could be used to provide, "an adequate supply of homes
affordable to California at all income levels…"
Prior to this, affordable housing programs, including those to
assist the homeless, were financed through voter-approved bonds and
through a 20% set-aside that was imposed on redevelopment agencies.
Bonds do not provide a permanent source of funding, and nearly all the
existing voter-approved funding had been awarded. Moreover,
redevelopment agencies have been eliminated.
According to the Legislative analysis, California has a shortfall
of approximately 1.5 million affordable units for low and very-low
income households. (This includes rental housing.) Furthermore, with 12
percent of the U.S. population, California has 20 percent of the
nation's homeless population. It is estimated that 118,000 Californians
are homeless on any given night.
According to the Senate Appropriations Committee, the new fees
will generate $200-$300 million annually. SB2 specifies the manner in
which the funds are to be spent. In the first year, half of the money
will go "to local governments to update their general plans, housing
ordinances, and other planning documents to increase the production of
housing. The other half of the funds in the first year will go to assist
people who are homeless or at risk of homelessness. In all subsequent
years, the bill requires 70% of funds deposited into the Trust Fund to
be distributed via formula to cities and counties to be used in a
variety of ways to address the unmet housing needs of the jurisdiction."
For a full and more detailed accounting of the use of the Trust Funds,
the reader is invited to check out §50470 of the Health and Safety Code.
It is very detailed.
Since the implementation of Senate Bill 2, the California
Association of REALTORS (CAR) has received complaints "that title
companies (and potentially some county recorders) have been improperly
charging buyers for exempt documents." Written by Bob Hunt
Ocean Hills Country Club
is one of the Finest 55+ Retirement communities in the San Diego area.
Residents enjoy a large clubhouse, 18 - hole golf Course and a lifestyle
spread across the community's 350 acres. Pleasant breezes and
magnificent views adorn this community that is just four miles from the
Ocean Hills Country Club was built in three distinct phases between 1984
and 1999. The initial phase was constructed between 1984 and 1988 and
it contains approximately 1,125 duplex homes that are 971 to 1,899
square feet. The second phase, which contains larger single-family
homes, was built between 1989 and 1992. Finally, the third and final
phase was constructed from 1997 to 1999 and it offers six single-family
floor plan choices. Oceanside Real Estate For Sale. Call David Albert at for more Information - 760-822-7403
Oceanside Handball Teams for USA Beach Handball-February 3 2018
Oceanside CA. Men’s and Women’s teams will play
and train in preparation for the Pan American Beach Handball
Championships to be held in Oceanside March 6-11, 2018. This is the
first time the US has hosted this world-renowned tournament on US sand.
A Meet and Greet with the Elite Beach Teams will be held February 3,
2018 from 9:00 am – 10:00am at Oceanside Harbor Beaches.
Games and Training will take place from 10:00 am – 12:00 noon. According to Dennis Berkholtz, USA Beach Handball Chairman, “The
long-term goal is to build the game and USA team awareness and guide it
into the Olympic Games.”
Beach Handball is one of the quickest growing beach sports in the
world – fast paced, high scoring, spectator friendly. The game is the
“sand” version of the Olympic sport of Team Handball, played with teams
of four and two action packed sets of 10 minutes each. The USA Beach
Handball Program was founded in Southern California in late 2015 and the
women’s team relocated to the Hermosa Beach training.
Any graduating senior who lives in Oceanside and will attend college
after graduation is eligible to apply, regardless of what high school
the student attends. The scholarship program has
no racial, ethnic, gender or other arbitrary criteria; residency in
Oceanside is the only requirement for application. Students may contact
the scholarship coordinator at their high school for information about
the program and application forms.The deadline for submission of applications this year is April 7, 2018.
The scholarship program awarded $40,000 to fourteen students from four
different high schools in 2017, and has awarded over $735,000 since the
first scholarships were awarded in 1993. All funds for the program come
from community donations; no public monies are used for the
The 2018 recipients will be introduced to donors
at the annual scholarship garden reception on May 18, 2018. This is the
only fundraising event for the program. Call (760) 435-5049 for more
information about the scholarship program.
It's that time of year of again. Clearly everyone is
dedicating the next few days, weeks, and months to getting in better
shape. That being said, traditional gyms are absurdly crowded right now
and will most likely be for the next few months.
So how about just building one in your home? Sounds expensive and it
probably will be as exercise equipment is both pricey and difficult to
move. That being said, as a society we are very unhealthy and many of us
are overweight. To combat this there has been a plethora of movements
to help prevent obesity. One such movement has been the increase in home
Now we have to ask ourselves, "Does having a home gym truly increase
the value of my home?" The short answer is absolutely not! In spite of
this, it most certainly will increase the desirability of your home to a
certain set of buyers. Think of it like a pool. Study after study has
revealed that even if you live in Arizona, a pool will not increase the
real value of your home, only the perceived value. The fact is that by having a home gym, the appeal of your home will
increase to a certain subset of buyers. The only positive investment would be that of your
health. It's one of the few things in life that you can actually
If you choose to buy all of the equipment brand new, expect to spend
at least $1,500 for lower end equipment. For top of the line gear expect
to spend at least double that. Should you buy used equipment, the cost
will be much lower. However, shiny equipment would be more enticing to
the potential buyer psychologically.
Owners loss, Your Gain. Cash or Possible FHA
203K ONLY 3.5% Down Payment. Less than 2 miles to the beach,
Downtown Oceanside Brew Pubs, Restaurants, Farmers & Sunset Markets. Easy access to I-5 and Hwy 76.
Open House Sat. 1-27-2018 and Sun.
Call Paul Kynell at:
760-822-5233 For More Information
Listing courtesy of Michelle Mahzari BRE #01212099
New California Law Requires Additional Pool Safety Devices
Effective January 1, 2018, California law requires that
when a permit is issued for the building or remodeling of a swimming
pool or spa, that pool or spa must be equipped with at least two of
seven specified safety devices. Moreover, home inspectors are now
required to make note of the presence or absence of such devices.
Under state law, this will apply to any structure, in or above the
ground, that is intended for swimming or recreational bathing and that
has a water depth of at least 18 inches.
The legislative act that brought this new law about was Senate Bill
442 (Newman). It amends section 7195 of the Business and Professions
Code and sections 115922 and 115925 of the Health and Safety Code.
The Senate Bill Analysis notes that drowning is the second leading
cause of death for children between the ages of 1 and 4. Additionally,
for every drowning in this age group, five or more suffer from
near-drowning injuries that can cause life-long disabilities. In 1997, California's Swimming Pool Safety Act
went into effect. That law required that any single-family home pool
built thereafter had to be equipped with at least one of the five
following safety devices: (1) a permanent fence, of specified
dimensions, that isolates the pool or spa from the home; (2) a pool
cover meeting certain safety standards, (3) exit alarms on doors leading
from the home to the pool, (4) self-closing, self-latching devices on
doors leading from the home to the pool; or (5) any other safety device
feature providing as much protection as the specified four and as
verified by the American Society for Testing and Materials (ASTM).
In 2006, the act was amended to include (6) removable mesh fencing
that meets ASTM standards and a gate that is self-closing, self-latching
and can accommodate a key lockable device, and (7) a pool alarm that
sounds when someone or something of a certain size (determined by ASTM)
enters the water.
The new law requires that any pool or spa built or remodeled after January 1, 2018 must have at least two of the specified safety features. The bill does not apply
to any of the estimated million-plus pools that were built before 1997,
unless they are to be remodeled. It also does not apply to public
swimming pools, hot tubs with ASTM-approved locking covers, nor to
apartment complexes or any residential setting other than a
The bill also requires that, if a home inspection report is issued
for a single-family home that has a pool or spa, the report shall
identify which, if any, of the seven drowning prevention safety features
[as listed] the pool or spa is equipped with and shall specifically
state if the pool or spa has fewer than two of the listed drowning
prevention safety features. The new law does not specify any penalty for a home inspector's
failure to include this information in his or her report. Nor does it
make installation of any safety device a requirement of property
In 2016, an identical bill was vetoed by the Governor. In his veto
message he wrote, Nothing prevents a homeowner from adding as many
additional safety features as they desire to their own pool. The choice
on how to protect children is best left to parents. Written By Bob Hunt
Between rising prices, tight loan limits, and substantial competition among other passionate would-be buyers, it can seem like an
impossible feat to purchase your first home. Homes in first-time buyer
ranges are highly in demand. Stories of buyers having made
offers on numerous homes, only to be shut out time and again by multiple
offers, that will ultimately drive prices up and out of their budget. But, there are
ways you can put yourself ahead, even if the situation seems desperate. Hopefully the following information will be of some help for those First Time Home Buyers interested in Oceanside Property Sales. (1) Work with an established and very knowledgeable Real Estate Brokerage at PIERVIEW PROPERTIES Real Estate.Here you will find Seasoned Agents that have lived and worked with hundreds of satisfied clients in Oceanside Home Sales for many years.
(2) Everyone has a Real Estate Agent in their neighborhood or in
their family or friend group or maybe all three. And, while you would
undoubtedly love to give business to someone you know and care for, you
have to balance your sense of loyalty against your goal. This may not be
the time to entrust your financial future to a brand-new agent or one
who simply dabbles in the industry in his or her spare time. You'll need a Seasoned Agent to buy your first home, especially if
you're looking in an area where the market is highly competitive as Oceanside. An
agent with extensive experience and good industry relationships can help
find you homes that may not be listed yet and then negotiate a winning
offer. David J. Albert Broker-Owner @PIERVIEW PROPERTIES Real Estatehasbeen serving the Oceanside Communities in Real Estate since 1979.
(3) Get that Pre-Approval It goes without saying today that you need a pre-approval to buy a
house. Many real estate agents won't even take clients out to tour
homes unless they have received their pre-approval amount from a lender.
Even if you are just casually looking, make sure you talk to a lender
before you head out on a house hunt. Let me add that obtaining multiple loan quotes is highly recommended - as this could save you thousands of dollars in the long run. You don't want to fall in love with
something and lose out on owning it because someone else was already
pre-approved and you first had to start pulling your paperwork together.
Nor do you want to fall in love with a house that's out of your budget
because you didn't know what your purchasing power was.
(4) Talk to landlords If Rental Homesarein your target area (Oceanside and surrounding communities), you might have an opportunity to buy a home that isn't even on
the market yet-and might not be listed for sale anytime soon. YourPIERVIEW PROPERTIES Real Estateagent will be able to locate some homes and initiate a
conversation about the potential of purchasing. Some rental home owners
may want to sell but be reluctant to take the steps to update the home
and get it on the market. You may be able to slide right in there, which
would be a win-win!
(5) What about a Home that Needs Work? You might have better luck buying a home that isn't updated
and or staged because they can tend to stay on the market longer. But, a
home that's a real fixer-upper can be a great buy thanks to the FHA 203(k) Loan, which packages the home loan and money to rehab a damaged or older home.
An FHA 203k loan allows you to borrow money, using only one loan, for both home improvement and a home purchase, 203k loans are guaranteed by the FHA, which means lenders take less
risk when offering this loan. As a result, it's somewhat easier to get approved
(especially with a lower interest rate).
There are a number of improvements that can be made with a 203(k)
loan, including bathroom and kitchen remodels, additions, HVAC,
plumbing, and flooring, but if you're looking to add a pool, you'll have
to do that on your own dime. Luxury improvements are not allowed
under the terms of the loan.
(6) Consider a transitioning neighborhood Buying in a neighborhood that is transitioning can be
a little tricky as you'll have to depend a lot on your real estate agent's knowledge
and your own gut to make sure you're buying in an area that is going to
appreciate—and is also going to meet your needs now. The current state
of the the neighborhood might not fit that dream home idea you've had in
your head, but, if you're in it for the long haul, you could be making a
smart move by looking in an area that isn't exactly top of your list in
its current state. The obvious plus of buying a home in a
transitioning neighborhood is more affordability, more home for the
money, and the possibility to make some money as the neighborhood
Getting a lot of bang for your buck is one of the benefits of buying in a so-called transitional neighborhood. Things to consider to finding such a place might be the area's proximity to public
transportation which could be a revealing factor. Pinpoint your
favorite trendy neighborhood - and then take a drive and see what is beyond that point.
(7) Raise your Budget Some people get a number in their head and decide that's the most
they're comfortable with spending. Say you've decided you can't spend
more than $300,000 on a home, but you're not having any luck finding
anything in your target neighborhoods and you're not willing to look
elsewhere. Consider this: Is your pre-approval from your lender higher
than that magic $300,000 number? If so, consider upping it. That $20,000
difference could open up your search to numerous additional properties,
and would cost you only about $100 per month. Bring a lunch to work
instead of eating out a couple days a week or skip one night out at the
movies and dinner per month and you've got it covered. As an added note, when raising your budget, Alwaysconsider your monthly bills, ongoing maintenance and miscellaneous purchases in the future. If you have any questions at all regarding Oceanside Real Estate Properties in Oceanside, please give David J. Albert a call at 760-822-7403
Financial ThingsNot To DoWhen Getting Ready To Buy A Home
If you're in the process of buying a home, you've probably (and hopefully)
already have had meetings with a minimum of 3 lenders, who have advised you on what to do and what not to
do during the escrow process. But if you're just getting ready to buy or
plan on buying a home in Oceanside, following a few simple financial tips can
mean the difference between qualifying and not, and also getting a
decent rate. These are a few universal "don'ts" that will help you stay
on track, even before you get a lender involved. Don't Take out More Credit
you're thinking you're going to buy a house in a matter of a few
months, forget that new laptop on the Best Buy card, and that New Car,
and just stay within your means of normal spending. Taking out more
credit can and Will more than likely harm your debt-to-income ratios,
can make you look like a credit risk. Don't pay off all your current Credit Cards Your lender will tell you specifically what you should pay down and
what you should leave alone, but banks tend to like responsible credit
management. In some cases, that may mean carrying a small balance on one
or more cards. Don't charge up all your Credit Cards to the Limit Responsible credit management does not mean running every available
card up to the limit and or only making minimum monthly payments. Most Banks
will not look kindly on this when you go to get approved for a loan. Be careful with Old Debts You may think that in order to qualify for a mortgage or get the best
possible rate you have to pull your credit and go back through every
single entry to identify and take care of anything negative. You're
right about the first part. Pulling your credit so you know what you're
working with is critical, and financial experts recommend doing it
annually, regardless of what you're planning (or not planning) to buy.
But be careful with old debts. It doesn't hurt to ask a lender what
should and should not be taken care of. But, in general, you'll want to do the following: Pay in full instead of making settlement arrangements - It's not
uncommon for debt collection companies to send out settlement offers
that allow you to settle debts for less than the total amount. While
this can sound tempting, it likely won't yield the results you're
looking for. Yes, it'll stop the harassing phone calls and persistent
letters. But if your goal is to get the debt to disappear from your
credit report, you'll be disappointed.
When you settle your debt, the activity usually shows up on your
credit report as debt settled or partial payment or paid in
settlement. You can talk to the settlement company about the specific
language they use, but the bottom line is - this is a red flag on your
report. FICO doesn't reveal how much your score will drop, exactly, and your
report doesn't indicate how much of the original debt was forgiven; it
simply shows you settled. Either way, it still points to the fact that
you may be a credit risk. Stick to Newer debts - Older debts that are getting close to falling
off your report should be the last thing you pay. You also want to
consider the statute of limitations on your debt, they said. Most past
debts remain on your credit report for seven years, so if you're close
to the time frame when the debt falls off, settling it may not make much
of a difference. There's an argument that can be made here, but
practically, you might just be settling a debt that was about to
disappear anyway. Be Careful with Debt Consolidation If you have a lot of outstanding debt, are in over your head with
credit cards and store cards, and can only manage the minimum monthly
payment on all your existing loans, you're likely going to have a hard
time qualifying for a mortgage. You may be tempted to lump your debt
together into one payment through a credit consolidation company, but
beware the consequences. There may be startup fees, interest rates on
the consolidation loan could skyrocket after an initial teaser rate
expires, and, in some cases, an improvement in credit is years away. Don't get lax with your Payments Your lender will reinforce this, but it bears repeating that even
after you've been pre-qualified, you need to keep your payments current
on your Car, Credit Cards, etc. Your lender will do a recheck before
closing just to make sure nothing has changed in your credit report, and
if you have new issues, it could impact your loan. Don't Move Money Around There
is a story of one home-buyer who almost lost his home because he
had stated on his application that the down payment was coming from a
mutual fund account. Then, two days before closing, he decided to sell a
few antiques instead. The loan had to be underwritten all over, its
value and its sale had to be verified, meaning the closing was
delayed and the fees increased. Don't EVER Change Jobs before you Buy your Home This is a huge don't, if you're in the process of buying a home
or are about to. Among all the other financial information your lender
will be collecting in consideration of your loan, they will also be
asking about your employment history. You're obviously less likely to be
approved if you're unemployed (unless you're independently wealthy,
and paying all cash. A recent job change may also be
problematic if the bank is feeling jumpy about your job security.
If you have any questions about the above or other questions regarding Oceanside Property Sales, please give me a call at 760-822-7403 and I will do my best to help you out.
A Comparative Market Analysis (CMA) is an evaluation of similar, recently sold homes (which are known as comparables/comps) that are near a home intended to be bought or sold.
The Comparative Market Analysis establishes the current market value of the home and are prepared by aPIERVIEW PROPERTIES Real Estateagent at No Charge or Obligation to you.
What a Complete CMA Can Tell You:
What homes in comparison to yours are actually selling for
The length of time it is taking for others to sell
Very Important: You will see what the
sale prices were in relation to the list prices (the difference between
what people actually received for their home and what they asked for).
Always pay attention to the Pending Prices, rather than closed sales, as they’re the most recent. If you have the opportunity and time -
have your PIERVIEW PROPERTIES Agent take you along and visit some comp's in the area to see how houses on the market compare to yours in terms of
price and other features.
The weekend is a great time to go around
and view Open Houses in your neighborhood, even if the houses aren’t
quite comparable to yours in size. Viewing other homes will help you get
a real sense of what drives list prices up and down.
When you are in one of the open houses try and think like a buyer when
comparing kitchens and any other special amenities; such as a fireplace,
pool, large front and back yard etc.
If you're interested in receiving our FREENo Obligation C.M.A. - Take a minute and send your Name with Current Email address...and we will be in touch. Thanks again - David J. Albert - Broker/Owner
When a homeowner can’t make mortgage-loan payments and the lender
repossesses the property, the home becomes foreclosed and is typically
available for sale soon after. Many benefits can come with buying a foreclosed property, but if
you’re not knowledgeable about the process, there are pitfalls you need
to consider. Before you purchase a foreclosed home, review the pros and
cons to avoid ugly surprises. Before
you buy a foreclosed property, consider hiring a real-estate agent.
Having someone who’s looking out for your best interests might save you a
big headache. Don’t
confuse a foreclosed home with a real estate owned (REO) property. An
REO describes a class of property that a lender — typically a bank,
government agency or government loan insurer — owns after an
unsuccessful sale at a foreclosure auction.
• Determine what foreclosure properties are available in the areas
you want to live in by reviewing listings in your local newspaper or on
bank websites, accessing public records, or conducting an online search. • Check out the properties you’re considering in person so you can see their condition and neighborhood. • Verify that the house is
still in foreclosure. Contact the trustee who filed the paperwork to
initiate the foreclosure or a local foreclosure specialist for this
information. • Order a title search to see if there are any liens on the property. If there are, it could raise the price.
Aspects of buying a bank-owned property are similar to buying from a
homeowner, but there are opportunities to negotiate a better deal on a
foreclosed property than you might otherwise get. Pros of buying a
foreclosed home include:
• You can use traditional financing like VA and FHA loans. • A home in the pre-foreclosure stage could lead to a short sale. • If you have the required funds available to pay
the outstanding balance on a foreclosed property’s mortgage to the
lender, you’ll likely reduce competition. • The bank will be motivated to sell the property, which means you
might be able to negotiate price, down payment, closing costs and escrow
length. • The home’s title will be clear, so you won’t be
taking on any liens, mortgages or back-tax responsibility from the
previous owner. • If repairs are necessary, the owner might take care of them.
Although buying a foreclosed home might seem like a great deal, it can have drawbacks. Cons of buying a foreclosed home include:
• The occupant might still be in the house and will need to move out. He might be upset about losing the property and damage it. • If you purchase a house at a foreclosure auction, you buy it as is. • When a foreclosed property is auctioned off, you have to pay for it in full when you buy it. If you decide to purchase a foreclosed home, it might end up costing
you more in repairs than you planned on, which could be a bad financial
move. You might get a foreclosed home at a great price, however, and
speed your path to home-ownership.
If you’re considering buying a foreclosed home, enlist the help of a
qualified real-estate agent atPIERVIEW PROPERTIES Real Estate. That way, you can get their expert insights and opinion on
whether you’re getting a good buy.
Everyone knows someone who knows someone who moved into what seemed
like a perfectly great house on a perfectly nice street only to have a
complete nightmare unfold. But the truth is that your neighbor doesn't
have to be practicing Santeria on the front lawn for you to hate where
you live. So many things can turn what seems like your dream home into a
disaster. You may not be able to avoid every one of them, but doing
your due diligence can help.
Visit the homes you are considering at
night. You may get a completely different perspective on the
neighborhood once the streetlights go out - one that could change how
you feel about living there. Need some concrete reasons to visit at
night? How about:
1. To find out if your neighbors are weird If you toured the house during a weekday or even on a weekend, you
may not have gotten a true feel for who your neighbors could be. Come at
night, and you might see the guy next door walking his pet iguana in
the nude (the guy, not the iguana), or see the shady couple from around
the corner make their nightly pilgrimage to the elementary school to
ride the swings in a very curiously happy state.
2. To figure out if it's not active enough Do you even have neighbors? You may not be too sure if they never
emerge from their house. If you're looking for a social experience in
your new neighborhood and the one your potential new house is in looks
like a ghost town after 5, this might give you second thoughts. 3. To see if it's too active There can be too much of a good thing. If you swing by and see that
everyone is out mixing, it may make you look further into how often this
occurs. Does living there mean you'll never have time to play a board
game with the family or sit and watch your reality shows, or even
prepare your own dinner or take a bath? That could be a deal breaker. 4. To gauge the noise level Noise ordinances aren't something home-buyers want to have to
familiarize themselves with, but, for some, that's the reality of life
in a loud neighborhood. You may not know that the dog across the street
barks for 20 minutes every time the sun goes down - and then every time
someone has the nerve to walk by the house - or that several teenagers
on the street have formed a garage band and their practice schedule is
not compatible with your children's sleeping schedules until you're
spent some time there at night. 5. To figure out the commute Drive from work to your potential new house and make sure the commute
is doable. Even if it's around the same distance to work as your
current home, traffic patterns could make the drive unbearable. 6. To make sure there are enough kids Envisioning a neighborhood where the kids all play together on the
street and ride their bikes and families are out walking with their dogs
and strollers (just not every minute of every day!)? Spend some time in
the neighborhood before and after dinner. If you don't see much
activity in the time before the sun goes down, there may not be much to
see at all.
7. To make sure the mixed-use neighborhood isn't a little too mixed The idea of being within walking distance to shops, cafes, and
restaurants sounds great to many people. But have you thought about how
the noise and traffic that's created in areas like this might affect
your peace of mind at night? 8. To ensure it's safe A neighborhood can look fine during the day and transform to
something a little iffy when the lights go out. Make sure you check out
the park down the street to make sure it isn't a drug hang and that area
businesses don't attract a questionable crowd in the evenings. 9. Because there could be a serial killer living next door Are you going to find out in one night of sitting outside in your car
or strolling down the street? No, but you may observe some odd behavior
that gives you pause. Maybe it's just a gut feeling you get spending
time in the neighborhood at night. If you're trying to decide between a
few homes, this may provide the tipping point you need to make the right
Choosing a Real Estate Agent could mean financial disaster if you choose the
wrong one. The goal in selling your home is - “Make Money” - Not lose it. But how do you know if you’ve picked the right agent? With thousands of real
estate brokerage firms in the U.S. you will have many agents and websites to choose from. Check out these recommendations for vetting potential real estate agents,
and you’ll find the selling process far smoother. After All This IS a Job Interview: Signing up with a real estate
agent is actually hiring an individual to perform a service, so treat it like
any job interview – where you arethe employer. Ask questions, interview
more than one candidate and make a final decision when you are comfortable with
the individual, after you have done your Homework! As many as 2 out of 3 buyers and sellers select the first agent they meet,
which can easily end in disaster if rushed. Most of the time the seller wants to get started as soon as possible, and
may make rash decisions, that may turn out to be a poor decision. Keep in mind
that this individual will be working with you for anywhere from a month to much
longer. Communication is Key: The real estate agent needs to understand your needs as
a client, which is a very important part of selling your home, or possibly
finding you a new one. Does the agent listen? Does the agent follow up with your questions,
requests and needs? What is your initial gut feeling? Ask Around Town:You, the
seller should also check for references. Ask the agents you are interviewing for
the information of previous clients, and take the time to call around to other
professionals in the local market to get a feel for their reputation. The ability of an agent working with others in the business is essential to
the success of the selling your home. If your agent is not friendly with other
area agents, others may not want to deal with him/her and show your home to
prospective buyers. How will the Agent MarketYour Home:In your initial meeting with a potential agent, you
should expect him/her to show you everything the agent will do in the selling of
your home. Always ask for a step by step marketing plan; not just "Will Do Our best". Have the agent show you how he/she marketed other properties in your IMMEDIATE AREA! Most of the marketing will take place online, but there are other ways as in
direct mail, flyers and magazines. Social media is another way of marketing your
home. Listing Price-Very Important:This is by far very crucial in the entire process. If you
list to high you will lose potential buyers. To low and you may end up
actually losing money. Don’t let dollar signs cloud your judgment. Look carefully at Closed Sales in "Your Area", within the past 4-6 months. Some, not all, agents will list your home higher just to get
the listing. This is where you must do your homework. Ask the agent what was
the list to sell percentage on his/her last three to five homes. You will also want to know what percentage your agent is giving the other side. If the percentage is low - this could deter some
agents not showing your home. Hiring an agent who agrees to the lowest commission rate isn’t necessarily a
smart way to go either. Trust Your Gut Feeling:Keep
in mind that when you list your home, your real estate agent will be privy
to your personal and financial information. Make sure that you feel good about
the agent and that he/she has Your best interests in mind. License Verify - B.R.E. in California<click- ALWAYS go online - Or call the Real Estate Board in your local
area, and make sure the agent is currently licensed prior to signing any
documents. With most real estate boards, you can check and see if he/she
has had any issues. You can also call the agents Broker regarding the agent. As this will more than likely be the largest
investment of your life....DO YOUR