We All Need a Place to Live, a Place to Call Home

By
Real Estate Agent with REALTY EXECUTIVES OTF BRE #01824145

 

We All Need a Place to Live, a Place to Call Home

 a place to call home

Temecula Valley California

Some of you may know that I have taken on property management as my new business direction this year. In the midst of several short sale catastrophes, a client I sold a home to several years ago called to say they needed to lease their home because of a job opportunity in another state.

Since I had been contemplating how to transition my business to Temecula Valley California property management, and although I was surprised to get that call, the serendipity of it didn’t escape me.

My client asked if I could manage everything for him, and of course, I said our office could. Not every Temecula Valley California real estate brokerage is set up to follow California Department of Real Estate rules when it comes to managing property, and especially the collection of client funds.

I’m so fortunate to have made the move I did to a full-service real estate brokerage that is equipped to manage property, from marketing, finding /screening a tenant, to handling all the details—from repairs to collecting rents.

 We all need a place to live

We all need a place to live, whether we buy our own Temecula Valley home or rent one. There are advantages to both sides, neither one is necessarily better, just different.

What has surprised me the most in these recent developments was the number of inquiries and calls I received, from Trulia, Zillow, realtor.com and my office. I can say the interest level for my rental property was at an all-time high in comparison to the many short sale listings I’ve marketed in the past on these same sites.

What this tells me is that there are more folks out there looking to rent than to buy. If Temecula Valley California homeowners are upside down in their mortgage and need to re-locate, instead of a short sale, or walking away, they may want to consider leasing their home, until they are either able to return, or  acquire enough equity to sell it.

 

If you have questions about how to lease your home, please feel free to contact me direct at 951.491.4063 for more information. A consultation is always free and at no-obligation.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
California Riverside County Temecula
Tags:
temecula valley california property management

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
51,252
Lucas Taylor
Keller Williams Miami Beach - Miami Beach, FL
Thank you for the great education. I learned so much from your post.
Sep 25, 2012 01:02 AM #1
Rainmaker
894,968
Michael Setunsky
Michael's Commercial LLC - Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Pamela, looks like you have found your niche. Good luck with your new property management business.

Sep 25, 2012 05:08 AM #2
Ambassador
1,014,601
Amanda and Jared Christiansen, YOUR Fort Wayne Realtors
Century 21 Bradley (260)704-0843 - Fort Wayne, IN
Century 21 Bradley.

Congrats on your new move to the property management business.  We get a lot of calls from renters as well.  Good luck to you!  

Sep 25, 2012 05:25 AM #3
Rainmaker
1,341,407
Richie Alan Naggar Author PEARLS SERIES of books
People first then business! Ran Right Realty Riverside, Ca - Riverside, CA
on LIFE and LOVE plus Real Estate too!

Professional property management is not for everyone...Having Pam meet up with it means success for all involved...This is going places...good job Pam and I support your smart business move here....thank you

Sep 25, 2012 06:21 AM #4
Ambassador
1,010,976
Harry F. D'Elia
Precision Real Estate Inc. - Phoenix, AZ
Investor , Mentor, CSSN, Radio Coach, REOs, ABR

We all need a place to call home and the kids to come back when they have their kids.

 

Sep 25, 2012 07:00 AM #5
Ambassador
1,250,183
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Pamela - Our daughter has her own property management company, and it's very interesting to note the differences between sales and property management. The market has been smiling on her for several years now - very low vacancy rates, increasing rents and a lot of sellers opting to lease. My your path be as smooth!

Sep 25, 2012 08:01 AM #6
Rainmaker
705,356
Pamela Seley, REALTOR®
REALTY EXECUTIVES OTF - Temecula, CA
Seals the Deals in Temecula Valley California

Lucas, thank you. Glad to hear you learned something.

Michael, thank you. We have to be flexible in this business.

Jared and Amanda, thank you. I'm amazed at how many calls I've received in a short time.

Richie, thank you. Appreciate your support, as always.

Harry, yes, so true. Home is wherever we want it to be. Thank you,

Dick, thank you. That's good to hear. They are very different. I hope it goes well. Thank you for your support,

Sep 25, 2012 09:07 AM #7
Rainmaker
667,825
Evelyn Kennedy
Gallagher & Lindsey, Alameda, California - Alameda, CA
Alameda, Real Estate, Alameda, CA

Pamela:

What a perfect introduction to property management.  The rental market here is very tight.  So few rentals, too many prospective renters.  Good luck to you.

Sep 25, 2012 10:37 AM #8
Rainmaker
564,406
Gary Frimann
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
California Broker and REALTOR

In my town, there is a "brokerage" that is not only NOT set up to follow DRE rules regarding property management, they are not even listed on the DRE website as a legitimate rental company!

Sep 25, 2012 11:17 AM #9
Ambassador
1,587,812
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 800-610-7253 DRE01267479 - Costa M
Pamela - Congrats on the changes in your business. There are a lot of renters right now.
Sep 25, 2012 03:26 PM #10
Ambassador
1,290,674
Erica Ramus
Erica Ramus - Ramus Realty Group - Pottsville, PA - Pottsville, PA
MRE, Schuylkill County PA Real Estate

We also branched out into property management in the past 2 years and it worked out well for us.

Sep 25, 2012 05:04 PM #11
Rainmaker
528,885
Jordon Wheeler
The Jordon Wheeler Group - Fairburn, GA
J W Group Real Estate Sales and Service

Hi Pamela,

Congrats on venturing out into the property management business!  I have been at it for five years now.  I'm still small and want to grow the business to an initial level of 25 properties.  The property management business compliments the sales business very well.

Best of success to you this year!

Sep 25, 2012 09:07 PM #12
Rainmaker
705,356
Pamela Seley, REALTOR®
REALTY EXECUTIVES OTF - Temecula, CA
Seals the Deals in Temecula Valley California

Evelyn, thank you. Same here.

Gary, I know that not every broker is willing to allow their agents to manage property because there are not set up to -- there's more involved than real estate sales. Thanks for your comment today, 

Christine, there are!

Erica, that's good to hear. 

Jordon, thank you for the support. Hope you reach your goal this year! 

Sep 26, 2012 08:19 AM #13
Ambassador
616,590
Gayle Rich-Boxman Fishhawk Lake Realtor (503)755-2905
Vernonia Realty - Vernonia, OR
"Your Gateway to the Lake" Birkenfeld Oregon

Pamela, I'm glad to see this getting featured. You needed to be seen more on this, because it was so well-written- positive and filled with a different perspective.

Good for you!

Oct 05, 2012 08:43 PM #14
Rainmaker
705,356
Pamela Seley, REALTOR®
REALTY EXECUTIVES OTF - Temecula, CA
Seals the Deals in Temecula Valley California

Gayle, thank you! Your kind words mean a lot to me. :-)

Oct 05, 2012 10:10 PM #15
Post a Comment
Spam prevention
Show All Comments
Rainmaker
705,356

Pamela Seley, REALTOR®

Seals the Deals in Temecula Valley California
Ask me a question
*
*
*
Spam prevention

Additional Information