best sacramento realtor
Super Saturdays Sacramento in real estate keep us running. My first apointment was to respond to a seller’s home as her oven wasn’t working. I checked the gfi’s and then breakers. Sure enough the home isnpector must have tripped it.
Then back to write the blog and complete two counters. I was busy setting up inspections and reading inspections, on other properties. I returned hundreds of emails and completed my hit list of action items.
I had several communications with current listings sellers always get an updates about the weeks activities. Very busy day. So productive with two new listings yesteday went lived. We took two more listings coming on next week.
Why do sellers reject offers? So many reasons. Let’s focus on a few key points. There are a variety of reasons that offers are not countered and usually, it is because of a combination of factors that negatively affect an offer. Multiple inconsistencies spell out a warning of murky waters ahead.
Price, of course, is an issue. A low down payment, depending on the type of property and value. Good faith deposits tell a seller how serious a buyer is and the level of commitment. Available cash on deposit shows cash reserve funds. Contingency timelines can make or break an escrow. Inspections, of course, are always advised but how well has the buyer’s agent educated her buyers on the as-is condition? Are the buyers expecting repairs?
Agents writing offers that don’t cut the mustard seems to be the norm lately. What the buying public doesn’t know, all agents do not know what they are doing. Often when a buyer’s agent writes a very poor quality offer, the buyer thinks it is a good offer. She doesn’t understand when the offer is rejected. Why? Because her agent told her it was a great offer. When they lose, it is sour grapes. the listing agent is the scape-goat to blame. Listing Agent must have double-ended it? Not so. They had an agent friend who they let win? Not so. The simple truth, the buyer’s agent failed to write the highest and best offer.
Just off the top of your head, Ms. Realtor what do you tell me what my house is worth? This is a question that so many people ask. Here is the answer. How can I know what a house is worth off the top of my head? An asset that is worth several hundreds of thousands of dollars or more can just be evaluated in an instant?
The fact that an appraiser comes out and measures your house takes photos inside and out. Then often a lengthy evaluation report of data is completed and a narrative study about the market. The appraiser uses the subject property and interprets data with comparable sales, upgrades and improvements. Other factors can be deferred maintenance and neighborhood factors. If an appraiser is doing 6 appraisals a week, then an appraisal can take 8 hours to complete.
This is an excerpt from an article on agent marketing written by Elizabeth over a decade ago for a publication. It is still very relevant today. Compare today’s marketing trends to a decade ago. Enjoy.
Beyond the expensive car or fancy clothing, a good listing agent lives and dies by marketing. Because marketing sells homes. Ask to review a complete copy of the agent’s marketing plan. Precisely, what is the agent going to do to sell your home? Here is the bare-bones minimum you should expect: