|New Listing (8)|
|Price Change (7)|
|Back On Market (2)|
|Backup Offer (5)|
So here we go again, and let's start with the most important thing - THE PRICING! Yet again, there are many price changes. I can't believe that people are STILL using agents who don't know what they are doing! Seriously, when will agents out there learn their jobs? THE MOST IMPORTANT THING RIGHT NOW IS PRICE. If it's priced too high, a good agent will know it's not a good deal for their client and NOT SHOW IT. If it's priced too low, well, you know what happens there, the seller will be upset in the end, the bank will not give an okay to the price, etc. Same result, no selling the house. In one of my previous entries, I posted a blog from my good friend Ilona Matteson which illustrates how most homes are selling within the first two weeks. Why would you waste six months or more on a listing that missed the boat from the start. And after that time, your home wouldn't be worth as much as when you started. After all, can you afford to lose money, possibly thousands, due to a bad agent and the declining market?
That being said, AGAIN (I'm such a nagger...) let's move on. Eight homes came on the market this week in CLAREMONT. Choices, choices everywhere for the buyer! And since we already know that most of those will get gobbled up in the first two weeks, it pays to stay on top of new homes coming into your real estate market place. Two came back onto the market. I hate it when escrows fall out, don't you?!!?
Now there are five backup and two pending for a total of seven in or going into escrow. Good for them! And four properties closed escrow this week and have new owners. Congrats to those new homeowners! But I just wish the sales were closing faster so we can get out of this culture of short-sales and bank owned properties! Soon, I think!
As always, call me for your real estate questions and any help you may need in navigating the Southern California Real Estate Market.
Serving the 210 Corridor - the cities of Monrovia, Duarte, Azusa, Glendora, San Dimas, La Verne, Claremont, Upland, Pomona, Chino, Chino Hills, Rancho Cucamonga and Fontana - wherever the need arises.
Linda K. Mayer, Realtor, SRES
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell