About Me
Welcome and thank you for visiting my nformation page. 90% of my business is referred to me by my clients, friends and family members. This means that the high level of service I provide, motivates people to tell their friends about the how I have helped them.
I am dedicated to earning your trust and respect long before I ask for your business. I work with a wide range of clients and especially like to work with first time buyers and first time sellers.
If you are looking for a trusted real estate advisor and are tired of being treated like this month's closing transaction for some salesman, then I am your agent!
I am a 3rd generation southern California native. My wife Cathy and I are Simi Valley residents and have 4 wonderful children. My local knowledge and experience as a family man creates a strong ally for your real estate needs. I would love to make you a part of my client appreciation program, call or send an email today.
All the Best
Ted Mackel
References and resume available upon request
I am dedicated to earning your trust and respect long before I ask for your business. I work with a wide range of clients and especially like to work with first time buyers and first time sellers.
If you are looking for a trusted real estate advisor and are tired of being treated like this month's closing transaction for some salesman, then I am your agent!
I am a 3rd generation southern California native. My wife Cathy and I are Simi Valley residents and have 4 wonderful children. My local knowledge and experience as a family man creates a strong ally for your real estate needs. I would love to make you a part of my client appreciation program, call or send an email today.
All the Best
Ted Mackel
References and resume available upon request
Testimonials
"Hi, Ted,
Belatedly, I'm writing to thank you for the bottle of wine you gave us for Christmas. We were gone over the Christmas holiday, and then came down with the two-week bug that seems to be going around, so by the time I was back on my feet a few things had slipped through the cracks. When I got your card last week I remembered that I owed you a thank-you note for a fine bottle of wine.Congratulations on your impressive sales production for 2007 and being elected Treasurer of the Simi Valley/Moorpark Association of Realtors.
I trust the current situation in the housing and mortgage markets isn't hitting you too hard. I know that if anybody is prepared to
weather a down market it's you with your persistence, hard work and smart marketing. It must have been God's plan that you kept showing up and building a relationship with us so that we knew where to turn when we finally got ready to sell. If not for that, we would have dithered about for just long enough to have been caught in the current stagnation and downward price spiral. We have been so fortunate!
I hope all is well with your family. We're fine and we like living at Villa del Arroyo with the possums, rabbits, raccoons and strange birds
that sing in the dark. Well...the jury's still out on the raccoons. I surprised a large one after midnight the other night, trying to rip open the screen door to our porch (we've had it enclosed). I think it was going for the cat food. The cheeky devil ambled off pretty casually when I shouted at it. We continue to excavate boxes, trying to whittle down the quantity of stuff in the house. I'm still working full-time and not too energetic when I get home at night so it's taking longer that I had imagined to get this place squared away. When you have the time I've love for you to introduce us to the friends you mentioned who live here at Villa del Arroyo. I'm sure it will make me green with envy to see what our house could look like given enough time and money!
John and I wish you continued success, peace and good health in 2008.
Be assured that if the opportunity arises we will recommend and refer you.
Fran"
Client Sat Mar 1, 2008
Client Sat Mar 1, 2008
My Q&A
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Ted Mackel's Questions (0)
Ted Mackel's Answers (147)
Ted Mackel answered:
Not sure why you are looking for an "REO Agent". Interview several agents that work this business full time, that have at least 8 home sales per year, you should be okay. Many REO listing agents are so jammed with the responsibilities of the listing side, that they may not have the time to help you properly.
Ted Mackel answered:
JEB,
I have one listing with US Bank right now and Two with OCWEN. I've been listing REOs for just over a year now and I can tell you that they look at all offers and the first thing they look for is which offer has the highest chance of not bombing out of escrow. The order would be:
1. All Cash
2. More than 20% down
3. At Least 10% down conventional
4. FHA 10% down
5. FHA 5% down
6 FHA 3.5%
7. VA
The exception to the rule is, if the higher priority buyers give any indication that they could be a problem in escrow then the bank will move to another offer. Second, if your agent has a bad reputation for creating problems in escrow or a history of failed escrows, you will have another obstacle to getting acceptance.
I have beat out higher down payment offers with an FHA 5% down buyer, but I know what these asset managers are looking for. What has changed in the last 3 months is the shortage of inventory is bringing out some steep competition; not in price, but in strength of offer through higher down payments, all cash and conventional financing - that the low down payment buyers hare having a hard time dealing with. There are many other issues that have their pluses and minuses ..... asking for closing costs, termite, repairs, warranties and I see many buyer's agents cripple good offers by loading them down and making those buyers look needy compared to the competition.
I am not sure how your offer was "packaged" and what you asked for on your offer. See my article on how to make you REO offer more attractive and if you agent is not coaching you on these properties as in my outline then it is time for you start interviewing new agents. see http://budurl.com/pa7h
The good news is this inventory shortage will not last and when inventory returns to balance, another day of reckoning will make many a Realtor look stupid again. The housing recovery still has at least 3 more years; interest rates, tax credits, low inventory and pricing is driving the market, that formula can be upset very easily.
I have one listing with US Bank right now and Two with OCWEN. I've been listing REOs for just over a year now and I can tell you that they look at all offers and the first thing they look for is which offer has the highest chance of not bombing out of escrow. The order would be:
1. All Cash
2. More than 20% down
3. At Least 10% down conventional
4. FHA 10% down
5. FHA 5% down
6 FHA 3.5%
7. VA
The exception to the rule is, if the higher priority buyers give any indication that they could be a problem in escrow then the bank will move to another offer. Second, if your agent has a bad reputation for creating problems in escrow or a history of failed escrows, you will have another obstacle to getting acceptance.
I have beat out higher down payment offers with an FHA 5% down buyer, but I know what these asset managers are looking for. What has changed in the last 3 months is the shortage of inventory is bringing out some steep competition; not in price, but in strength of offer through higher down payments, all cash and conventional financing - that the low down payment buyers hare having a hard time dealing with. There are many other issues that have their pluses and minuses ..... asking for closing costs, termite, repairs, warranties and I see many buyer's agents cripple good offers by loading them down and making those buyers look needy compared to the competition.
I am not sure how your offer was "packaged" and what you asked for on your offer. See my article on how to make you REO offer more attractive and if you agent is not coaching you on these properties as in my outline then it is time for you start interviewing new agents. see http://budurl.com/pa7h
The good news is this inventory shortage will not last and when inventory returns to balance, another day of reckoning will make many a Realtor look stupid again. The housing recovery still has at least 3 more years; interest rates, tax credits, low inventory and pricing is driving the market, that formula can be upset very easily.
Ted Mackel answered:
Roberto,
As Barry mentioned it is divided into three units. This area does not allow that type of use. It's a Short Sale and there is an offer accepted already.
The listing agent was a good friend of mine and he unexpectedly died last Friday, we are all devastated, Chris was only 39. I am not sure who at Troop has taken over the listing, but since it is a short sale there is usually an authorization for the listing agent to talk to the bank regarding the Seller's loan, this will all need to be worked out.
With everything going on and an offer already in process there might be a delay in dealing with new inquiries on the property.
One last note, If you are a low down payment buyer, you may not be able to get financing with the property divided into 3 separate units.
As Barry mentioned it is divided into three units. This area does not allow that type of use. It's a Short Sale and there is an offer accepted already.
The listing agent was a good friend of mine and he unexpectedly died last Friday, we are all devastated, Chris was only 39. I am not sure who at Troop has taken over the listing, but since it is a short sale there is usually an authorization for the listing agent to talk to the bank regarding the Seller's loan, this will all need to be worked out.
With everything going on and an offer already in process there might be a delay in dealing with new inquiries on the property.
One last note, If you are a low down payment buyer, you may not be able to get financing with the property divided into 3 separate units.
Ted Mackel answered:
kam,
Much depends on where you are getting those estimates. List Prices in today's market don't mean anything more than a starting point. A seller can put whatever price they want on their, but two things need to happen. 1. Buyer needs to make an offer & 2. The appraiser needs to agree with that price otherwise the buyer and seller will need to come to an agreement on the difference between the appraisal and the purchase price.
Appraisers are conservative in many cases and the new HVCC process is killing many escrows.
see: http://homebuysblog.com/2009/06/16/hvcc-impacts-simi-valley-…
Much depends on where you are getting those estimates. List Prices in today's market don't mean anything more than a starting point. A seller can put whatever price they want on their, but two things need to happen. 1. Buyer needs to make an offer & 2. The appraiser needs to agree with that price otherwise the buyer and seller will need to come to an agreement on the difference between the appraisal and the purchase price.
Appraisers are conservative in many cases and the new HVCC process is killing many escrows.
see: http://homebuysblog.com/2009/06/16/hvcc-impacts-simi-valley-…
Ted Mackel answered:
Dono,
It would be considered steering for me to comment crime in an area - "labeling" the area as "good or bad"
You are correct to want to know about crime in an area, but unless I have direct knowledge, I cannot just make assumptive statements about crime as this could "label" an area as undesirable that in fact may not be.
If I know about actual crime that has happened related to a home/neighborhood a prospective purchaser is considering then I have to disclose.
There are plenty of agents that will "label" areas assumptively which is in my opinion, steering. I like the Joe Friday approach ... "just the facts"
Referring people to crime statistical web sites is fine, but what if I make a referral to a site that does not have all the data?
I tend to think that Federal Trolls are posting these questions to see if they can catch any dumb agents.
It would be considered steering for me to comment crime in an area - "labeling" the area as "good or bad"
You are correct to want to know about crime in an area, but unless I have direct knowledge, I cannot just make assumptive statements about crime as this could "label" an area as undesirable that in fact may not be.
If I know about actual crime that has happened related to a home/neighborhood a prospective purchaser is considering then I have to disclose.
There are plenty of agents that will "label" areas assumptively which is in my opinion, steering. I like the Joe Friday approach ... "just the facts"
Referring people to crime statistical web sites is fine, but what if I make a referral to a site that does not have all the data?
I tend to think that Federal Trolls are posting these questions to see if they can catch any dumb agents.
It is against Fair Housing Laws to answer your question Mrs. g
Listings
View all 15 listings
Specialties
Residential Home Sales: Listing Agent and Buyer's agent
Commercial Leasing: Retail, Office and industrial
Commercial Representations: Tenant, Landlord, Seller and Buyer
Computer Literate
Heavy computer user for 20 years (both PC and Mac). Very high competence with Full versions of Adobe Acrobat, Photoshop, Illustrator and Premiere. Digital Cameras, Scanners, OCR software, Microsoft Excel, Microsoft Word and all other word processing software. PDA cell phones, text messaging, efax account and email - either web based or desktop driven. Registered subscriber to Winforms - residential real estate contracts and WinAIRforms - commercial real estate contracts. Paid Subscriber to Loopnet.
Full Time Producing Agent working with Active Buyers and Sellers.
Creates real time market condition awareness. 2007 Century21 Masters Diamond production award recipient, ranked in top 100 producers for the California inland coastal region.
Long term investment property experience
Contract negotiations with large corporations. Contract, LOI and purchase offer experience beyond standard boiler plate forms.
Construction experience
Deferred maintenance issues and property repairs will be better assessed
Respected among peers
Elected to Association and then selected to serve as Treasurer.
Member of SoCal and Ventura County Multiple Listing Services
Properties that border Los Angeles and Ventura Counties may not be included on both systems. Access to both systems is needed for proper evaluations to be conducted and to give homes proper exposure to the largest buyer pool.
Hands on
You will not be dumped off to assistants.
Property Management Experience
Dealing with tenants, hostile and non hostile. If there is a need to list and sell property you control; my above skills create a combination that is not matched by other agents in the industry. You get much more than a sign stuck in the front yard of your property and an MLS entry.
Native local resident
In-depth knowledge of the areas I serve.
Commercial Leasing: Retail, Office and industrial
Commercial Representations: Tenant, Landlord, Seller and Buyer
Computer Literate
Heavy computer user for 20 years (both PC and Mac). Very high competence with Full versions of Adobe Acrobat, Photoshop, Illustrator and Premiere. Digital Cameras, Scanners, OCR software, Microsoft Excel, Microsoft Word and all other word processing software. PDA cell phones, text messaging, efax account and email - either web based or desktop driven. Registered subscriber to Winforms - residential real estate contracts and WinAIRforms - commercial real estate contracts. Paid Subscriber to Loopnet.
Full Time Producing Agent working with Active Buyers and Sellers.
Creates real time market condition awareness. 2007 Century21 Masters Diamond production award recipient, ranked in top 100 producers for the California inland coastal region.
Long term investment property experience
Contract negotiations with large corporations. Contract, LOI and purchase offer experience beyond standard boiler plate forms.
Construction experience
Deferred maintenance issues and property repairs will be better assessed
Respected among peers
Elected to Association and then selected to serve as Treasurer.
Member of SoCal and Ventura County Multiple Listing Services
Properties that border Los Angeles and Ventura Counties may not be included on both systems. Access to both systems is needed for proper evaluations to be conducted and to give homes proper exposure to the largest buyer pool.
Hands on
You will not be dumped off to assistants.
Property Management Experience
Dealing with tenants, hostile and non hostile. If there is a need to list and sell property you control; my above skills create a combination that is not matched by other agents in the industry. You get much more than a sign stuck in the front yard of your property and an MLS entry.
Native local resident
In-depth knowledge of the areas I serve.
Experience
Latest:
Realtor 2.0 for Keller Williams Realty
Residential resale and Commercial Leasing
March 2008—present
Previous:
Realtor for Century 21
Residential resales and Commercial Leasing
June 2003—March 2008
Previous:
Real Estate Agent/Property Manager for The Mackel Company
Commercial retail property management and leasing
January 1994—June 2003
Certifications & Awards
2005 Masters Ruby Century 21, 2006 Masters Centurion Century 21, 2007 Masters Diamond Century 21, top 100 producers regoinal 2007 Century 21
Interests
Outdoors, Fishing, RC Airplanes, Computers, Real Estate
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