mission viejo listing agent: Why Do They List The Property For So Much Less Than They Want To Get? - 03/20/13 06:27 PM
 
Why Do They List The Property For So Much Less Than They Want To Get?
 
 
Question: Why Do They List The Property For So Much Less Than They Want To Get?
Answer: Great question! The long and the short of it is that they are playing a game. The listing agent and seller are trying to make sure the property gets the most attention and multiple offers over asking price. It's an artificial price based on very little, often. 
This practice first started about the time that short sales made their appearance into the market. The goal was to get … (14 comments)

mission viejo listing agent: Professionalism Disappears From The Real Estate Landscape - 03/14/13 04:30 PM

 
 
Professionalism Disappears From The Real Estate Landscape
 
I think the order takers are back. Maybe they never left, but now it seems like so many agents think they can simply remove the personal interaction part of the deal. What has happened?
As a listing agent, I get offers crammed into my inbox with no phone contact.
As a buyer's agent, I leave phone messages/emails with no response.
Heck, half the time I try to reach a buyer's agent to ask questions about their offer, I get ignored. I don't know if it's laziness or arrogance. As far as … (16 comments)

mission viejo listing agent: I HAVE To Buy A House!!! - 03/10/13 09:49 AM

 
  
 I HAVE To Buy A House!!!

 Any real estate agent out there working with buyers can relate to the picture on the left. It's crazy out there; multiple offers on listings within the hour sometimes, offers well over list price,
What's a buyer to do? My advice? Just relax! 
I try to help my buyers understand that this is not a Vegas Craps game, this is buying one of the biggest (or maybe THE biggest) purchase of their lives, do not get caught up in the game and stay focused.
Face the truth that this might not … (17 comments)

mission viejo listing agent: The Best Listing Agent Makes It All About YOU!!!! - 02/24/13 05:34 PM

"Listing agents" are now the flavor of the week. Why? Because we are in a seller's market of course. There is nothing wrong with morphing your business plan based on market conditions, this is what good sales people do....and why they can stay in business through all the cycles of the real estate market. 
In my market of Southern California, we have lost very few real estate agents during the tough times. Casual conversation at a party results in a results...and if it's not the person you're speaking to, then it's their friend/cousin/neighbor. But of course anyone can really slap … (10 comments)

mission viejo listing agent: Listing Agent In A Seller's Market - 12/01/12 09:47 AM
 
Southern California is back in a solid Seller's Market. We are again seeing multiple offers on the day of the listing and slowly but surely the prices are creeping back up. As a result, the perception is that listing agents are doing very little for their pay.
It seems this is true in many cases....but shouldn't be the case.
The listing agent is not there to slap a sign on the lawn and then throw their hands up during the rest of the process. Yet this is what we are seeing. I do not believe that these agents are really … (26 comments)

mission viejo listing agent: I'll Only Work With The Listings Agent - 10/20/12 07:52 AM

 
The Southern Californian "Buyer's Market" is over! We are moving inventory as fast as it shows up on the market (time to focus on listings again). When working with buyers, I have to shift my efforts more to developing a personal relationship with the listing agent.....demonstrate why they should want to work with me instead of someone else.
Trust me....although the seller makes the decision, that's only based on price. All things being equal, a listing agent is always going to push an agent they feel they can work with easily.
I've worked hard to develop online lead development … (94 comments)

mission viejo listing agent: "Of Course I Remember You....You Sold Me That Over-Priced Home" - 06/24/12 03:39 PM

 
Uh oh....alert, alert...run, hang up the phone...mumble something, ANYTHING. Apologize!! Say Something!
Oh yes, this was the answer on the other end of the phone when I called a former buyer to check in. This was really just a follow up call (not designed in anyway to remind them that if they knew anyone buying or selling.....I was still around)....they had found their dream home a few years ago. They were not moving!
I'm going to say this again....they were not moving!!!
We spent almost 2 years searching for the right home. They needed a specific size home, specific … (21 comments)

mission viejo listing agent: Even A Seller's Market Needs Home Buyers - 04/20/12 05:36 PM

Even A Seller's Market Needs Home Buyers
 
Mission Viejo and the surrounding cities in Orange County, California are in a solid sellers market at this point. What is that? Simply put we have multiple offers on most well-priced homes.
Although the real estate market has gone through some rough times over the past few years, this uptick of activity is a normal occurrence in April. With the lovely spring weather, comes real estate sales.
But I'd like to remind the Mission Viejo Home Sellers, that even in a Seller's Market.....you still need those home buyers.
More and more I … (31 comments)

mission viejo listing agent: Before You "Just Throw It Out There"......Do You Think About The Sellers? - 04/09/12 02:29 PM

 
 
There have been a lot of talk about the "Low Ball" offer lately. Pros and cons to writing them and working them. I am in the camp that ANY offer is an offer worth working, if at all possible.
But what about the "Vulture Buyers"? I call them this because they are the buyers who make it clear from the very beginning that they are looking for a "good deal." They will buy only in a situation where they can buy a home significantly under market value. They want to win!
They could be investors, or just buyers looking … (45 comments)

mission viejo listing agent: Your Offer Price....From The Listing Agent's Perspective - 03/19/12 08:24 AM

 
So you've found a great home in Mission Viejo and are ready to write an offer. The home is the right size, right neighborhood and within your budget.....great. Now comes the moment of truth, you hold your breath and out comes a number.
The offer price.
This is where the experience of your Mission Viejo Buyer's agent comes into play, if you listen. What to offer is a very tricky business. The first thing you need to know is what is the home worth....based on comparable listings. This is very important because the last thing you want to do is … (40 comments)

mission viejo listing agent: "I'll Handle It" - 03/09/12 04:34 PM

 
Most consumers realize that this is a very complicated real estate environment. Any buyer who has written an offer on a short sale knows this. Any seller who has received a low-ball offer knows this. But what they often don’t see....is how their agent handles it all.
“I’ll handle it”
This has become one of my favorite statements. Why is it my favorite? Because I love being able to put my client at ease...isn’t that why they hired me? To handle things? There is no virtue in showing uncertainty!
Do you remember learning to ride a bike? … (13 comments)

mission viejo listing agent: "But You Realtors® Are So Scary To Talk To" - 07/09/11 01:51 PM

 
Oh my goodness! I actually heard this yesterday.
 "Realtors® are scary"
I had recieved an email from someone who had found me online. They had asked some questions in a public forum and their questions had really gotten pretty detailed. I offered that they could contact me and we could chat more specifically.
I did get an email.....but not a phone number. So we did some back and forth by email, which is fine...I like email. It allows me to clearly write what I want to convey and hopefully understand the questions as well. But at some point, we … (21 comments)

mission viejo listing agent: Buying Your Mission Viejo Home Is A Series Of "Yeses" Not One Big Decision - 05/27/11 11:54 AM

Buying Your Mission Viejo Home Is A Series Of "Yeses" Not One Big Decision
This is one of the first things I tell Mission Viejo Home Buyers when we meet. Finding a home to write an offer on is the very first step in this process....not the last step.
Understanding the entire process of Home Buying can really demystify and provide comfort that there are many opportunities to change their minds. As long as the answer to the questions are "Yes" we keep moving toward the close...and the first "No" we move on.
Yes....I want to write an offer on … (5 comments)

mission viejo listing agent: This Mission Viejo Listing Was Unusual.... - 05/03/11 10:50 AM

 
 
 
I understand what a "Net Listing" is. This is where the seller agrees to sell only if they get a specific dollar amount and anything the agent sells above that price is the agent's commission. We rarely see these in our area...but this week I read a very strange listing which caused the buyers to flip!
I'll start by saying that normally by the time we even realize the listing is a Net Listing, we are well into escrow. The listing agent takes this into account when they create the price and commission.
In this case....the home … (21 comments)

mission viejo listing agent: Mission Viejo Police Services Host Series Of Safety Talks In May 2011 - 05/01/11 05:01 PM
Mission Viejo Police Services Host Series Of Safety Talks In May 2011

Mission Viejo Police Services has a unique roll in the life of Mission Viejo Residents. More than patroling our streets, they are intimately involved with the overall safety of our community. As part of the ongoing education aspect of this group, in May 2011, the Mission Viejo Police Services are hosting a series of talks and workshops designed to help prevent violence.
May 24, 7-9pm: For Parents: About Teen Dating SafetyThis first talk will discuss ways for parents to recognize the warning signs of abuse and how to … (2 comments)

mission viejo listing agent: Mission Viejo Real Estate Has Become Downright Affordable - 04/17/11 03:18 PM

 
In the past few years property values and list prices have come down significantly off their highs, Mission Viejo Real Estate has been no exception.
In the past few years Mission Viejo Real Estate has become downright affordable.
Mission Viejo has been one of the most desirable cities in South Orange County for a long time. The community feel, excellent schools, considerable ammenities and safety are just a few of the many reasons this city appeals to home buyers.
When housing prices were rising in an out-of-control manner, Mission Viejo Real Estate list prices rose as well, making home … (1 comments)

mission viejo listing agent: Don't Drop The Orange County Short Sale Seller After The Sale - 03/19/11 10:18 PM
Don't Drop The Short Sale Seller After The Sale

 
We all know about keeping in touch with our clients after the close. But with so many of our sellers selling short these days, are we keeping track and helping them? What is our duty to them....to ourselves...after an Orange County short sale.
Obviously in the short term our sellers are now renters, probably we've even helped them find their new rental home. But we are very short sighted if we then drop them as "bad prospects" due to the credit implications.
But really these are our best referrals....and we … (52 comments)

mission viejo listing agent: When Did Real Estate Become A Game? - 11/29/10 02:32 PM

 
I've been buying and selling real estate for a long time. In the "old" days we used to take these transactions seriously.
Buyers considered homes and offers carefully before writing offers Buyers' agents ran comps, prepared complete offers and called the listing agent PRIOR to emailing an offer Agents responded quickly to offers with respect for the parties Counters and negotiations were handled with great care and deliberation Escrows were opened with the intent of closing The climate has changed, and not for the better. I tire of getting offers in my inbox which turn out to be from … (48 comments)

mission viejo listing agent: Mission Viejo Realtor® | Who Would You Call To Sell Your Home In Mission Viejo | Need To Short Sale Your Mission Viejo Home | Karen Fiddler, (949) 510-2395 - 07/20/10 12:41 PM
Mission Viejo Realtor® | Who Would You Call To Sell Your Home In Mission Viejo | Need To Short Sale Your Mission Viejo Home | Karen Fiddler, (949) 510-2395
Are you thinking of selling your Mission Viejo Home?Do you need to sell as a short sale due to a change in circumstances? or are you an equity seller who is ready for a change? How do you find the right Realtor® to help you? Call me and let's talk!
Mission Viejo has many wonderful communities. I live in the Madrid del Lago homes near Lake Mission Viejo. I can walk to … (2 comments)

 
Karen Fiddler, Broker/Realtor, (949)510-2395 (HOM Sotheby's Intl Realty, 949-510-2395) Rainmaker large

Karen Fiddler, Broker/Realtor

(949)510-2395

Laguna Beach, CA

More about me…

HOM Sotheby's Intl Realty, 949-510-2395

Address: Laguna Beach, Lake Arrowhead Real Estate

Mobile: (949) 510-2395

Office: (949) 510-2395

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A Southern California Coastal agent's perspective on real estate and other things that interest me!

Author Bio: Karen Fiddler has been a Realtor for...



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