Home Selling Sacramento
Multiple offers are happening. The Sacramento real estate market in 2012 VS 2019 is similar in so many ways. The article below in italics, A Twist in the Sacramento Real Estate Market, was written in 2012 by my partner Elizabeth Weintraub. So let’s now look at my interpretation of 2019. I just sold an investor-type listing; we had 6 offers, all investors. Several were over the list price. The final selling price was 10% over list. This was the same thing happening in 2012. Multiple offers are happening on properties priced to sell. Low-interest rates, too, at 3.75%. Rents are matching purchase price monthly payments.
How to have a new smile in one day? Well, when we sell a house in Sacramento, the seller has a huge smile, but that’s not the smile I’m referring to. While watching a TV show on botched cosmetic surgery, I saw a segment on cosmetic dentistry. What was mind-blowing was a gentleman featured who had been through several dental surgeries gone wrong. One of several issues, his dental implants were not screwed into the bone; he sought answers in the UK.
The amazing surgeons, doctors Anthony and Michael Zabutz of the Smile In A Day Dental Centers, are brothers. They are located in Petersborough and Folkstone, UK. The first surgeon did the demolition of the patient’s existing teeth and the other installed the new teeth. In under 12 hours, this patient had a new smile in one day. It was amazing to watch. I can’t imagine what it costs, but the patient walked out with a new set of uppers and lowers set in permanently using titanium screws.
“This is the reason to be a top listing agent in Sacramento,” was written by Elizabeth over a decade ago. An excerpt from the original publication was copied below, in italics. It had me thinking about what I could add to this interesting conversation.
A fellow real estate agent in Sacramento once told me that she prefers to work with first-time home buyers because they are more grateful than sellers. She said they were totally thrilled to be handed the keys at closing, more so than those who are handing over the keys. They didn’t complain. They didn’t nag her about why isn’t their home selling. I guess she moved up a notch or two in their eyes. And that approach works for her.
What will a Sacramento home seller take? This is the question I get from 8 out of 10 agents when calling about a listing. I was perusing Elizabeth’s first blogs. Inserted below is an excerpt from one of her early blogs pasted below in italics. It surprises me that these agents continuing calling on our listings to ask these questions. Our fiduciary duty is that we will promote and protect our seller’s interests above anyone else’s, including our own. Why would we ever put a buyer’s agent’s interest above my sellers?
As-is subject to the probate code is what many buyers agents forget when they write offers. We always put this into the agent confidential remarks on MLS. A seller is under no obligation to repair anything on the California residential purchase agreement. Probate sales double-down, if you will, on the as-is.
Getting into contract on a probate sale and then attempting renegotiating the price later is not a smart idea. Probates generally are working with little to no extra cash and every penny is most often required by the administrator of the estate.