Listing Agent Sacramento
For some lucky sellers, it is definitely possible to pursue buying a home before selling a house in Sacramento. How one goes about this depends on basically two things: the type of real estate market you’re in and your financial ratios. At the moment, we are experiencing a strong seller’s market in Sacramento. This means sellers are in the driver’s seat. We have low inventory and high numbers of buyers. It’s the principle of supply and demand at work.
Sure, we have buyers who say, my house is so beautiful, it will sell right away, so why can’t I look at buying home before selling? As Sacramento Realtors, we have to bring these buyers into reality. Move them outside of their own situation and get them to look at this through the eyes of the seller. I say to them: Ok, pretend YOU are the seller of this house and YOU have 5 offers. Four of those offers are from buyers who don’t have a house a sell, they have no contingencies. They can get a loan and close right away. And then there is YOU. You who have not even put your home on the market, and you who wants the seller to wait while you get around to it.
If any Sacramento Realtor can sell an over-improved home in Sacramento, it is Elizabeth Weintraub. I know this to be a fact, Jack, because I’ve done it a number of times. Further, I’ve even owned such a place myself, many years ago. My first residence, which I bought in 1979, was a sprawling ranch of 8,600 square feet with an indoor in North Tustin (Orange County). I bought it utilizing seller financing and no-money-down from a lawyer. It didn’t dawn on me at the time but one of the main reasons the seller took my offer was because he himself could’t sell it. It was a white elephant for the neighborhood. All the surrounding homes were around 3,500 square feet, and that was almost triple that square footage. It belonged in the hills, not at the base of the foothills.
Sacramento sellers deserve a top listing agent who is always one step ahead and knows what is coming down the road. It’s like having X-ray vision. We can see around blind curves. We know if you’re gonna run headfirst into another vehicle and slide down the hill or if you’re going around that curve with ease. We know it because our experience tells us. It works for those of us who learn by our earlier mistakes, and we all make mistakes on a regular basis in the early stages of our career. I made my share my first 10 years, but now I have passed the 40-year mark. I know better.
Double-ending listing agents have been around since I started in the business in the early 1970s. They are still in the business today. Whether they will survive the real estate shake-up in the future, like 10 to 15 years from now, is doubtful. The reason I think they’ll eventually vanish is because they are a bad idea to start with. Time will only make them worse. I also believe sellers are becoming more sophisticated. They are wising up.
Although, at least in Sacramento, double-ending listing agents happens fewer times than one might think. It’s just not all that common.
When my husband is home, he hears the questions a Sacramento listing agent must answer on a daily basis via my speaker phone, and half the time he just shakes his head. He cannot believe the stuff I deal with, and it’s probably one of the reasons (among many, if you ask him) why he would never in a million years want to join me in Sacramento real estate. He is a fairly sane person, so that sort of counts him out right there. He is also much snarkier than I am. He would probably tell people exactly what is wrong with them, and he’d never sell anything at all. Whereas, I have more patience and diplomacy.