PIC: The mannequins are funny at this Toyota Dealer of North Hollywood....it's right at the Lankershim Exit off the 134 fwy....and you drive right by it...and I thought someone was staring down at the cars passing by....
Had an interesting conversation with another Realtor this am...about Sunnybrook. The conversation ended up being about the market conditions, though.
I was following up with someone who had shown Sunnybrook over the weekend and they called me back (Thank You J!) and told me the following: (this isn't verbatim, but close)
"I just spent 17 days in escrow with these clients (on another property) and they submitted an obscene list of Request for Repairs to the Seller, at which then the escrow was cancelled. After I told them what the electric bill was monthly, they decided to move on. (I hope they considered this was for the whole house, not just because it has a pool and koi pond filter that is running more right now because the house if for sale??)...I am not sure that they will be working with me or me with them in the future....."
Just then, I could hear the disappointment in the other Realtor's voice...also they mentioned that they have a few listings that are just sitting with no activity.....I could relate to this....and it's shocking, surprising and also I think that the market is active...we just have to find that one unique individual who needs to own a home and doesn't want to rent any longer.
It appears that this is like finding the needle in the haystack and when is the right time for a Seller to just say, sell the house. I had one potential Seller recently ask me what price would their home sell for? So I did analysis and the results were even shocking to me. Unfortunately, I don't have control over the market. I'm simply the professional who markets a home and handles details of getting a home sold until it closes escrow...which is when I get paid. I am fully engaged, have both oars in the water and I don't know that any one thing is going to sell a home right now....
I remain hopeful and look forward to my clients' and my mutual success together.
If you're considering selling, here are some things you may want to consider:
Is the market still good...yes.
Is there still activity going on...yes.
Are we priced where we will get that activity?
Is the commission that the Sellers are offering high enough to lure the Realtors to show the home?
Is it easy to show?
Does it show well?
These are all things that I'm asking myself.....
Also, for buyers....
What are your long-term plans for owning real estate?
Can you see this property at least being in such a great location with enough positive amenities, that it's going to be a good investment for you?
Is there a better priced home on the market?
Why is it priced lower?
Is the lower price worth paying and doing the work yourself?
Should you save yourself some future headaches by buying a property that already has the improvements that you're going to dig into your pockets doing, as well as have to manage the project with contractors/handymen/etc.?
I'D LOVE TO SELL MY LISTINGS AT:
11555 OVERLAND DRIVE, FONTANA, CA
1751 N. SUNNYBROOK AVENUE, UPLAND, CA
Thanks for listening!!
Todd
