Hello and welcome.
If you landed on my web site, you’re likely thinking about buying or selling real estate in El Dorado County. That’s where I can help.
If you’re a buyer, making the right decision on home or acreage is important but even more important is the agent you choose to represent you. You see, any agent can show you properties write a purchase contract and open escrow. That’s the easy part. If every detail goes as it should, before you know it, you will be moving into your new home. But here is a little secret most real estate agents don’t want to you to know… It never goes the way it should. There are too many variables.
Buying a home has never been more difficult. The collapse of the real estate and financial markets back in 2007 and 2008 changed everything. Once you find a property just making an offer can be a nearly impossible process. Most of the institutional decision makers on distressed properties operate in another state and have policies in place as to the type of offer that they will consider. Just being pre-approved is no longer adequate. Before they review an offer, their check-list must be completed. Anything out of the ordinary and your offer gets tossed.
Then there are a number of potential property issues. You don’t want to risk a non-refundable earnest money deposit only to discover you’re in escrow on the “Money Pit.” REO and short sale sellers won’t or can’t do any inspection or make repairs. So how do you protect yourself? Appraisals have been another “deal killer.” Agree to buy a place for $300,000 and the appraisal comes in at $275,000. Now what? Getting approved for a mortgage today is another difficult issue.
If you’re an airline passenger on a cross country flight and you run into severe turbulence, you want the most experienced pilot at the controls. Sure, any student pilot can handle an aircraft if everything is going perfect but in those tough situations you want the best trained most experienced pilot.
The same applies to sellers. It doesn’t require much real estate knowledge to put a sign in the front yard, take a few pictures and wait for an offer to come in. Those days are gone. It's tough going up against bank REOs, and short sale sellers who have a pricing advantage. So how do you compete?
Well for about the same amount of commission, you can hire the most experienced agent who will make you a priority and bring attention to your home or you can hire some part-time agent who will get to your situation when he or she has the time or hire the busiest agent and get turned over to one of the team members.
If your situation requires an experienced full-time agent, providing personal attention in achieving your goals of buying, selling or financing real estate, give me a call or send me an e-mail.
Thanks for visiting. Perhaps our paths will cross again.
Broker, GRI, CRB