About Me
I am an Arizona native and experienced REALTOR®. My practice of putting clients first helped me become a Multi-Million Dollar Producer in 2007. I received the coveted ABR (Accredited Buyer Representative) designation behind my name from the National Association of REALTORS® for meeting its demanding requirements in the areas of real estate education and experience. Using my background in advertising and graphic design, I created an exciting new real estate marketing tool. This innovative program called ePowerListing.com uses the power of the internet to advertise in today’s technology-intensive marketplace. Applying the latest technologies to new and traditional marketing strategies means my clients are guaranteed to succeed!
My Designations:
-Multi Million Dollar Producer in 2007
-Member of the National Association of Realtors since 2004
-Member of Arizona Association of Realtors since 2004
-Member of Scottsdale Association of Realtors since 2004
-Member of the Real Estate Buyer's Agent Council
-Accredited Buyer Representative
-B.S. in Advertising, Northern Arizona University (Cum Laude 2003)
The Arizona communities/cities that I service include:
Phoenix, Scottsdale, Ahwatukee, Anthem, Avondale, Buckeye, Carefree, Cave Creek, Chandler, Fountain Hills, Gilbert, Glendale, Goodyear, Higley, Maricopa, Mesa, Paradise Valley, Peoria, Queen Creek, Sun City, Surprise, and Tempe
My Designations:
-Multi Million Dollar Producer in 2007
-Member of the National Association of Realtors since 2004
-Member of Arizona Association of Realtors since 2004
-Member of Scottsdale Association of Realtors since 2004
-Member of the Real Estate Buyer's Agent Council
-Accredited Buyer Representative
-B.S. in Advertising, Northern Arizona University (Cum Laude 2003)
The Arizona communities/cities that I service include:
Phoenix, Scottsdale, Ahwatukee, Anthem, Avondale, Buckeye, Carefree, Cave Creek, Chandler, Fountain Hills, Gilbert, Glendale, Goodyear, Higley, Maricopa, Mesa, Paradise Valley, Peoria, Queen Creek, Sun City, Surprise, and Tempe
Testimonials
"Dan Mullarkey is the most insightful and ambitious agent I’ve known. He made purchasing my dream home in Scottsdale a smooth, trouble-free process. I recommend Dan to anyone seeking a reliable and responsive agent!"
Kenneth Wild Thu Jan 12, 2006
Kenneth Wild Thu Jan 12, 2006
"I recently purchased my first home and Dan was awesome. He guided me through the whole process and made things easy, especially for being a first time buyer. I gave him an idea of what I was looking for and I actually ended up buying the first home that we looked at! Dan's level of service is excellent and went beyond just purchasing the home. My lender also had nothing but great things to say about him. I had an A/C problem shortly after closing and Dan was very proactive in helping me get it fixed. I would recommend Dan to anyone purchasing a home. His level of service and expertise far exceeded my expectations.
Sincerely,"
Gary Maschner Tue Feb 15, 2005
Gary Maschner Tue Feb 15, 2005
"We were very pleased with our home buying experience with Dan Mullarkey as our real estate agent. He was very professional in every aspect. He was accommodating to our needs throughout the entire process. He was willing to meet with us on the weekends and promptly returned phone calls regardless of the time. As first time home buyers, his expertise was greatly valued. We look forward to the opportunity to recommend his services to others."
Ben & Julie Arthur Thu Mar 15, 2007
Ben & Julie Arthur Thu Mar 15, 2007
"I'm from out-of-town and recently purchased a second home in the Gilbert area. Dan was very thorough in his research, and had everything mapped out and appointments scheduled accordingly. I was able to visit a number of properties and complete my purchase all in two days.
Dan is very knowledgeable and easy to deal with. The entire transaction went through seamlessly and Dan made the experience very stress free.
Thanks for all your hard work!"
Michael Lamberti Fri Apr 4, 2008
Michael Lamberti Fri Apr 4, 2008
"I recently purchased a vacation rental property in Chandler Arizona. I am from out of country and was very impressed with Dan Mullarkey. We saw every property on our list in two days and were able to make a choice pretty quickly. Dan's knowledge of the greater Phoenix area, and his expertise in real estate sales made this out of country (scary) experience both possible and enjoyable.
Thank you Dan,"
Marj Thu Apr 10, 2008
Marj Thu Apr 10, 2008
"was very fortunate to have Dan as my realtor when I recently purchased a condo in Chandler. He is very knowledgeable and professional. I always felt that my best interests were his priority. Even though I was from another country, with Dan's guidance the entire process was smooth and enjoyable. I am extremely happy with my purchase."
Sandra Smith Tue Apr 15, 2008
Sandra Smith Tue Apr 15, 2008
My Q&A
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Dan Mullarkey…'s Questions (0)
Dan Mullarkey…'s Answers (30)
Dan Mullarkey, ABR answered:
Here are some answers that I hope you find useful, I specialize in Bank Owned Properties and have dealt with many different banks all over the Valley:
1.) Typically, yes-there are many factors that go into what the bank lists the property for, an experienced REO agent can guide you in the right direction. All bank operate differently, some things you may want to examine for starters are: days on market (typically the longer a home has been listed, the more flexible the bank is on price), what other REOs are selling for, how many offers have been presented previously, etc.
2.) I have not heard of a bank accepting an offer in that manner, they usually want to get the property off their books so financing the property wouldn't accomplish that.
3.) Most likely the comps in the area will be the biggest factor.
It sounds like you want to pay cash but with interest rates being at a historical low, it would be an excellent time to put 20% down on several REOs, giving you some leverage.
Check out my blog for some additional useful tips:
http://www.trulia.com/blog/dan_mullarkey_abr/2008/12/buying_…
1.) Typically, yes-there are many factors that go into what the bank lists the property for, an experienced REO agent can guide you in the right direction. All bank operate differently, some things you may want to examine for starters are: days on market (typically the longer a home has been listed, the more flexible the bank is on price), what other REOs are selling for, how many offers have been presented previously, etc.
2.) I have not heard of a bank accepting an offer in that manner, they usually want to get the property off their books so financing the property wouldn't accomplish that.
3.) Most likely the comps in the area will be the biggest factor.
It sounds like you want to pay cash but with interest rates being at a historical low, it would be an excellent time to put 20% down on several REOs, giving you some leverage.
Check out my blog for some additional useful tips:
http://www.trulia.com/blog/dan_mullarkey_abr/2008/12/buying_…
Dan Mullarkey, ABR answered:
That is strange, I think Linda's answer makes a lot of sense. There could be extenuating circumstances here or he could have just been given some bad info. If he was that excited about it though, I would think he would double check the offer situation with the listing agent, especially if you had shown some strong interest in the home. I would have a detailed conversation w/ him if I were in your position and try to find out exactly what he was told and by whom...
Dan Mullarkey, ABR answered:
Every bank is different but the listing agent should be able to provide your agent with at least an email acceptance until the contract is signed. Did the bank send you their addendum yet? If not, it will probably come in the form of a counter offer. Have your agent follow up daily, in my experience with REOs "The squeaky wheel gets the grease"---the more proactive you are, usually the quicker the response time.
Dan Mullarkey, ABR answered:
Hi Treyce,
The information previously provided is correct, that is scheduled for Trustee's Sale on 1/9/09. It will most likely revert back to the bank who holds the 1st mortgage since there most likely is negative equity in the home. That is why it is uncommon for homes to sell at the Trustee's Sale, the previous loan balance plus legal fees and foreclosure costs make up the minimum bid---and if there were equity in the home, the seller would have sold it and avoided foreclosure altogether. Buying a home at Trustee's Sale does not provide you with Title Insurance plus there still may be someone occupying the home, making it difficult to view the property beforehand. This is why buying a bank owned home on the MLS is usually a better way to go.
If you would like to search for similar homes, I specialize in the area of the home you are asking about. Check out my website, http://www.NorterraHomes.com , where you can search the current listings by neighborhood (including Valley Vista, which is the subdivision Spur Dr. is in). I can also update you when new foreclosures become available on MLS via email.
The information previously provided is correct, that is scheduled for Trustee's Sale on 1/9/09. It will most likely revert back to the bank who holds the 1st mortgage since there most likely is negative equity in the home. That is why it is uncommon for homes to sell at the Trustee's Sale, the previous loan balance plus legal fees and foreclosure costs make up the minimum bid---and if there were equity in the home, the seller would have sold it and avoided foreclosure altogether. Buying a home at Trustee's Sale does not provide you with Title Insurance plus there still may be someone occupying the home, making it difficult to view the property beforehand. This is why buying a bank owned home on the MLS is usually a better way to go.
If you would like to search for similar homes, I specialize in the area of the home you are asking about. Check out my website, http://www.NorterraHomes.com , where you can search the current listings by neighborhood (including Valley Vista, which is the subdivision Spur Dr. is in). I can also update you when new foreclosures become available on MLS via email.
Dan Mullarkey, ABR answered:
There are many factors to consider and each bank has a different formula. I sell bank owned homes with several different financial institutions and they all have their "way" of doing things. When deciding on what to offer, first question is to make sure that there are currently no offers on the home. If there are offers, working with an experienced REO agent is very helpful in determining the best course of action to take. Some other factors ito consider: How long has the home been listed? Has it been listed before with another agent? What are foreclosures selling for in the area? Is the market foreclosure driven? Are repairs needed? Typically the good foreclosures go fast when they are priced well and you may get into a bidding war if it's a nice property.
In some cases banks WILL make repairs to qualify the home for financing. I've been successful in encouraging banks to repair items ranging from roofs to a/c units. As for a rule of thumb, I wouldn't quote you percentages but when days on market increase, typically the banks negotiating room increases as well. Properties that are on the market for 90+ days are usually going to sell for a higher percentage under list than a new to market property. But remember to ask yourself-why HASN'T the property sold...
In some cases banks WILL make repairs to qualify the home for financing. I've been successful in encouraging banks to repair items ranging from roofs to a/c units. As for a rule of thumb, I wouldn't quote you percentages but when days on market increase, typically the banks negotiating room increases as well. Properties that are on the market for 90+ days are usually going to sell for a higher percentage under list than a new to market property. But remember to ask yourself-why HASN'T the property sold...
My Blog Posts
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New comment posted Sun Apr 12 2009, 19:00 by Voices Member - 2 Comments
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New comment posted Thu Jan 15 2009, 14:24 by Dan Mullarkey, ABR - 3 Comments
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My Listings
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Specialties
Buyer Representation
Seller Representation
REO Properties
Short Sale Properties
First Time Homebuyers
Relocation
Seller Representation
REO Properties
Short Sale Properties
First Time Homebuyers
Relocation
Experience
Latest:
Real Estate Consultant for Re/Max Excalibur
Full time experienced real estate sales professional specializing in Phoenix area homebuyers and sellers.
December 2006—present
Previous:
Real Estate Consultant for DPR Realty
Full time experienced real estate sales professional specializing in Phoenix area homebuyers and sellers.
November 2004—December 2006
Certifications & Awards
My Designations:
-Multi Million Dollar Producer in 2007
-Member of the National Association of Realtors since 2004
-Member of Arizona Association of Realtors since 2004
-Member of Scottsdale Association of Realtors since 2004
-Member of the Real Estate Buyer's Agent Council
-Accredited Buyer Representative
-B.S. in Advertising, Northern Arizona University
-Multi Million Dollar Producer in 2007
-Member of the National Association of Realtors since 2004
-Member of Arizona Association of Realtors since 2004
-Member of Scottsdale Association of Realtors since 2004
-Member of the Real Estate Buyer's Agent Council
-Accredited Buyer Representative
-B.S. in Advertising, Northern Arizona University
Interests
Some of my interests include:
-Family:-)
-The Arts
-Photography
-Hockey
-Snowboarding
-Traveling
-Music
-Reading
-And most of all Real Estate!
-Family:-)
-The Arts
-Photography
-Hockey
-Snowboarding
-Traveling
-Music
-Reading
-And most of all Real Estate!
View Dan Mullarkey, ABR's...
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