Home Selling in 95136>Question Details

gbugwadia, Home Buyer in San Jose, CA

Interested in selling our ranch style home having 3 bedroom/2 baths with landscaped frontage and backyard with a deck.

Asked by gbugwadia, San Jose, CA Sat Apr 21, 2012

This home has a fully upgraded kitchen, bathrooms and master bedroom. We want 5.50 k atleast for this propoerty. Interested buyers only apply.This home has a good neighborhood and amenities like the park, library, light rail station, a shopping strip mall and a club with a swimming pool close by [ walking distance.]

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Thank you for your response, gbugwadia:

If you do not, want to deal with Real Estate Brokers, at the very least you need to get a good, accurate real estate appraisal for the purpose of setting your marketing price. You can pay a Real Estate Appraiser to appraise your house and help you set a marketing price close to the Fair Market Value for your house.

If you do not do that, you could be giving your house away too cheap to the buyer, and you will, with almost certaintly, lose a lot of money.

If your home really is in the 95136 zipcode, and really has a fully upgraded kitchen, bathroms and master bedrooms, as you claim, and is in a decent location, such as not on a busy street,
I would expect a price in the $600,000 to $700,000 price range, not $550,000.

Yor price of $550,000 sounds very low if your home really is as you describe it, and your home really is in the 95136 zipcode.

Unless there is something else wrong with your house, or it is very small, at $550,000 you may be low on your price, and you may be selling your home too cheap.

You need a very good, accurate, real estate appraisal, and the cost is only a few hundred dollars. That is cheap, to help you set an accurate price to market your home.

You can find Real Estate Appraisers in the telephone book.

Remember, at the very least, you have tens of thousands of dollars at stake that you could lose if you price your home too low. I recommend that you invest a few hundred dollars in a good Real Estate Appraiser, if you do not want to deal with Real Estate Brokers.

Remember that it is your money and you should keep it, not give it away to the buyer because you sold your home too cheap.

Also, another factor to consider, if you do not really need to sell your home right now, you should keep it and rent it out if necessary. Right now Real Estate prices in this area are still very cheap, and going up very rapidly.

Because of the strong economic recovery in this valley, those Real estate prices will continue to go up.


Also, because of all of the government spending, we are now entering a period of rapid inflation, which will push Real Estate Prices up much further. If you keep your house rather than sell it, your house will be worth much more in the future, than your house is worth today.

If you can afford it, right now you should be buying houses for investment, because houses in this area are very still very cheap right now. You really should not be selling your house, unless there is some reason that you absolutely must sell your house, and cannot keep your house.

Thank you,
Charles Butterfield MBA
Real Estate Broker/REALTOR
American Realty
Cell Phone: (408)509-6218
Fax: (408)269-3597
Email Address: charlesbutterfieldbkr@yahoo.com
DRE#00901872
1 vote Thank Flag Link Sun Apr 22, 2012
Thanks so much Charles for your valuable advice. Much appreciated.
Flag Sun Apr 22, 2012
Great timing on your part!!! :) The Blossom Valley area has the lowest inventory of good homes for sale that we have seen in over a decade

You could expect multiple offers if you put in place an aggressive and well designed marketing plan.

Some of the best marketing strategies apply non-standard (outside the box) actions.
Here is a hint for you..

Determine the profile the perfect buyer will likely fill and the work backwards

Michael
http://LosGatosHomesandRealEstateBlog.com
2 votes Thank Flag Link Sat Apr 21, 2012
Excellent suggestion Mike- - -Thanks!
Flag Sun Apr 22, 2012
I have lived in the 95136 area since 1985 on Mia Circle. I also have a view of a park from my home. I am a Broker/Realtor and very acquainted with the area. If marketed properly, your property will bring multiple offers Inventories are low and the banks are lending again. For example, I had a short offered at market value just last week. We are reviewing 6 offers this week all offers are for over list price. All offers were from qualified buyers. All with conventional loans. Also, on standard sales, not short sales or foreclosures, escrows are closing quickly. This is not uncommon in our present real estate economy. Inventories are low and bank are now lending.

Contract me for a "no obligation" chat and give me the opportunity to show you what I can do for you.

Sincerely

Bart M. Aiello
Broker Associate
Fireside Realty
(408) 209-3647
1 vote Thank Flag Link Sun Apr 22, 2012
If you are not interested in a Broker assisted sale why did you post this add here. There is no question here, I suggest you post this as a blog, and also on Craigs list as there is no question for us to answer.
At your service,
Allyson
408-705-6578
allyson@homesbyallyson.com
Certified Distressed Property expert
1 vote Thank Flag Link Sun Apr 22, 2012
Sorry for the error and thanks for the suggestion
Flag Sun Apr 22, 2012
What area is it in? What schoold district?
1 vote Thank Flag Link Sat Apr 21, 2012
If you contact me, I can come by and provide you with a free market analysis of your home so you can have a better understanding of what you can sell it for if you decide to do so. thanks!
Web Reference: http://www.kendrickkwan.com
1 vote Thank Flag Link Sat Apr 21, 2012
Thanks!
Flag Sun Apr 22, 2012
I live in 95136. Call me. Our inventory is very low.
Web Reference: http://www.terrivellios.com
1 vote Thank Flag Link Sat Apr 21, 2012
What is the square-footage of the home?
1 vote Thank Flag Link Sat Apr 21, 2012
Hi gbugwadia

Maybe you can consider these fine homes in Blossom Valley in the event you have sold yours:

30 SECOND TOURS ON HOMES FOR SALE:

http://animoto.com/play/YmV02e2j40DELvfZBNW7kg

and http://animoto.com/play/bL0ewJJoKKiGvaqjsWnpSw

Keep in touch. I have buyers.

Thanks
P Mistry
408-656-5343
Coldwell Banker
0 votes Thank Flag Link Thu Jun 28, 2012
Hi gbugwadia

Maybe you can consider these fine homes in Blossom Valley in the event you have sold yours:

30 SECOND TOURS ON HOMES FOR SALE:

http://animoto.com/play/YmV02e2j40DELvfZBNW7kg

and http://animoto.com/play/bL0ewJJoKKiGvaqjsWnpSw

Keep in touch. I have buyers.

Thanks
P Mistry
408-656-5343
Coldwell Banker
0 votes Thank Flag Link Thu Jun 28, 2012
I remember when I inherited my mom's house. I had the brilliant idea then of getting my license, selling her house, selling my house, and buying a bigger house. Why pay 70K in real estate commissions when I could do it all myself!

Then in studying to become a realtor, I got very engaged in the process.

Then I sold about 50 houses and found out why realtors are so critical to a smooth home sale.

Buyers choose realtors to represent them, because right now, in our area, there are multiple offers on most houses. So sellers at the minimum would be well advised to offer commission to realtors representing buyers. You don't like brokers, but most people who are buying a house feel safer with representation through the process.

At any rate, I found out by jumping in that the waters are not all they seem. In any real estate contract (and they seem easy because they are typically close to identical) you will experience almost one or two things that have not come up in a while. Once you sell 30, 40, 50, 100 homes you get how to navigate those things.

When it came time for me that I wanted to sell a 40-acre parcel of land in Santa Cruz mountains, I personally chose the most outstanding land-savvy realtor I could find and offered a full 10 percent commission (land is typically about 5 percent per side). We got full price. We sold the land. And, in the 12-month period when my land was for sale, only 2 parcels moved. (sold). My land and one other property. All the other properties (20 or 25 at the time) with 2 or 3 percent commissions (low for land only) sat and may still be sitting to this day.

So, I'm not going to sit here in an ocean of realtors and say what your choices should be. I can just say now, looking back, 8 years into this career (and I am also a writer so it's not my only profession), that I trust a good realtor, love to work with high octane realtors, and steer very clear of realtors who are not in it to win it for their clients.

Erica
0 votes Thank Flag Link Fri Apr 27, 2012
I have a buyer for this area. Please give me a call to arrange a showing Wednesday. Thank you.
Web Reference: http://www.homenet123.com
0 votes Thank Flag Link Mon Apr 23, 2012
Hi Gbugwadia

Let me know, I have a few buyers for this property of yours in 95136.

Do get in touch.

Thanks
Perry Mistry


http://www.ruthandperry.com/
0 votes Thank Flag Link Sun Apr 22, 2012
I have a buyer for this area. Please give me a call to arrange a showing today. She has also time coming Wednesday.
Web Reference: http://www.homenet123.com
0 votes Thank Flag Link Sun Apr 22, 2012
Sorry, but currently we are not interested in dealing with any brokers. Thank you for your time and interest.
0 votes Thank Flag Link Sat Apr 21, 2012
Thank you gbugwadia:

We need to know the address of the home.

Thank you,
Charles Butterfield MBA
Real Estate Broker/REALTOR
American Realty
Cell Phone: (408)509-6218
Fax: (408)269-3597
Email Address: charlesbutterfieldbkr@yahoo.com
0 votes Thank Flag Link Sat Apr 21, 2012
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