David Baker

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David Baker, in Phoenix
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About Me
Greetings,
I am a full time bilingual real estate professional working the entire Metropolitan Phoenix area. I specialize in residential resale, new homes, land, and investment properties. Call me with any questions you may have or let me help you find the right property. I specialize in the South Phoenix, Laveen area also known as South Mountain.
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David Baker's Questions (5)
David Baker's Answers (11)
Tonya, Real Estate Pro in Greenwood

what should i pay a buyer agent to join my team?

Asked Wed Jan 23 2008, 21:56 by Tonya  -  All locations  -  Agent2Agent  -  6 answers
David Baker answered:
Well, I was on a team for over a year. Splits can be different and of course it will depend on your long term goals as well. You will do better if you pay better. If you don't you might just have high turnover. I was under a equal split and was pretty content. - Fri Jan 25 2008, 09:14
Eric S., Home Seller in Laveen

How do I compete with a foreclosure two doors down?

Asked Thu Jan 17 2008, 07:43 by Eric S.  -  South Phoenix  -  Foreclosure  -  10 answers
David Baker answered:
Hello Fellow Laveenite,
It is indeed a tough situation when one has to compete with a foreclosure and probably even more when it reverts back to the bank and becomes a lender owned property for sale. On a positive note, I have had calls from appraissers that have mentioned they will look into the sale, and give consideration if property was sold under duress. So, if you can market the property well, get traffic through the home, and ultimately get the offer, you could still see a succesfull transaction above the price of the foreclosed home. I do agree with previous answer in which buyers are focusing a lot on price. Yet, often enough foreclosed on homes are not in the best of condition. So price your home accordingly and good luck. - Thu Jan 17 2008, 08:06
David Baker, Real Estate Pro in Phoenix

Has anybody else in the Phoenix area noticed rental signs being more prominent? Just seems that more homes

Asked Mon Jan 14 2008, 19:27 by David Baker  -  Phoenix  -  Market Conditions  -  5 answers
David Baker answered:
The funny thing is that one of my investors(fix/flip guy) has friends that are landlords and have several units. One of them over 200 rental units. What he has said, was that currently they are having a high vacancy factor. Oddly enough, I seem to notice more rental signs all over to support that theory. - Tue Jan 15 2008, 08:06
Buyer, Home Buyer in Canada

what is the prognosis for the Phoenix market? Going up...or down? And how many months supply are there?

Asked Fri Jan 11 2008, 19:16 by Buyer  -  Phoenix  -  Market Conditions  -  18 answers
David Baker answered:
As others have said inventories are over the 12 month mark, but do vary depending on area and price range as well. No one really has the crystal ball to predict how much further we have till it bottoms out. I believe we have not yet hit the bottom, but should some time in the next 6 months. We will probably have a period of leveling off before any appreciation is seen again. Probably 3 years before appreciation is seen. - Mon Jan 14 2008, 19:59
Kumar, Home Buyer in Bay area,CA

What is resonable good area in Phoenix area to buy investment property ?

Asked Sun Jan 13 2008, 16:28 by Kumar  -  Phoenix  -  Home Buying  -  5 answers
David Baker answered:
Kumar,
I have had several California investors in the last couple of years. There is many good places to find property that would be good rental homes/condos/duplexes/ etc. What are your investment criteria? Are you looking for anything in particular? Will you be managing the rental property yourself? How much are you looking to spend? What are your goals for the property?
There are so many deals that are coming available now. Short sales, lender owned properties, etc. Just think about what your goals are, your criteria and then start from there. Good luck - Mon Jan 14 2008, 19:48
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