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- 34 Answers
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- 16 First Answers
- 5 Useful Answers
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About Me
I've been an active real estate investor and entrepreneur for many years. In that role, I've planned and executed large scale developments, renovations and expansions of hotel, resort, and recreation facilities, as well as smaller commercial, industrial and residential projects in properties under my ownership or management. I'm as much at home on a construction site as I am in a business meeting.
As a full-time professional Broker and Realtor, I am an active member of the National Association of Realtors, the California Association of Realtors, and the Santa Cruz Association of Realtors. I stay abreast of developments in real estate law, marketing, consumer protection, finance, and all the other factors that affect you and your investments, through ongoing training, study and hands-on experience.
With a background of over 25 years in hotel, resort and real estate management, operations and development, I bring extensive marketing, analysis and negotiation skills to my relationships with my real estate clientele. However, the most important attribute I have gained from that experience is an obsessive focus on service and follow-through. I expect the same from all the members of my team, I make sure they understand that expectation, and I make sure they deliver. Isn't that what you deserve from your real estate professional?
As a full-time professional Broker and Realtor, I am an active member of the National Association of Realtors, the California Association of Realtors, and the Santa Cruz Association of Realtors. I stay abreast of developments in real estate law, marketing, consumer protection, finance, and all the other factors that affect you and your investments, through ongoing training, study and hands-on experience.
With a background of over 25 years in hotel, resort and real estate management, operations and development, I bring extensive marketing, analysis and negotiation skills to my relationships with my real estate clientele. However, the most important attribute I have gained from that experience is an obsessive focus on service and follow-through. I expect the same from all the members of my team, I make sure they understand that expectation, and I make sure they deliver. Isn't that what you deserve from your real estate professional?
My Q&A
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Curt Abramson's Answers (34)
Curt Abramson answered:
Ruth, the rent here is $550/month. The park is at 800 Dolan, a couple of miles inland from Highway 1 in Moss Landing. Let me know if you have other questions.
Curt Abramson answered:
Derek, Curt Abramson from Bailey Properties here. I'm not sure what the specifics of your question are. Are you concerned about the viability of the project, and buying into it? Is your concern more about whether the price you pay will be too much? Please clarify some of your concerns.
I can tell you that it's in your best interests to work with a buyer's agent not employed by the developer, who will assist you in defining the potential risks and how to minimize or eliminate them. There are some risks inherent in working with the listing agent whose allegiance is primarily to the other party in the transaction.
I look forward to hearing more about the issues that you're wondering about, and providing more feedback.
I can tell you that it's in your best interests to work with a buyer's agent not employed by the developer, who will assist you in defining the potential risks and how to minimize or eliminate them. There are some risks inherent in working with the listing agent whose allegiance is primarily to the other party in the transaction.
I look forward to hearing more about the issues that you're wondering about, and providing more feedback.
Curt Abramson answered:
Seaside, Curt Abramson from Bailey Properties here. Although we've seen sales activity pick up substantially in the past couple of months, it's primarily due to the fact that prices have dropped to the point that buyers have become interested again. It's important to remember that a seller can ask whatever price they want, but it isn't a sale until a buyer and the seller agree on price and terms.
There are also significant differences from one area to the next. Monterey and Pacific Grove have averaged over 250 single family homes on the market for the past 4-5 months, selling about 25 a month, and an unsold inventory index of 10-12 months during that timeframe. Seaside has had less than 100 homes on the market, and has been selling almost 30 a month on average, with an unsold inventory index of less than 4 months during the same timeframe. When the unsold inventory index is low, that reflects high demand, and you may expect prices to start rising.
Of course, the difference between the 2 areas mentioned above? Price. Monterey/PG average sold price is close to a million dollars, Seaside about 1/3 of that. Buyers are active in the lower end of the market.
If you'd like more detailed info about the area, you can contact me via my website, noted below. Hope this info helps with your planning.
There are also significant differences from one area to the next. Monterey and Pacific Grove have averaged over 250 single family homes on the market for the past 4-5 months, selling about 25 a month, and an unsold inventory index of 10-12 months during that timeframe. Seaside has had less than 100 homes on the market, and has been selling almost 30 a month on average, with an unsold inventory index of less than 4 months during the same timeframe. When the unsold inventory index is low, that reflects high demand, and you may expect prices to start rising.
Of course, the difference between the 2 areas mentioned above? Price. Monterey/PG average sold price is close to a million dollars, Seaside about 1/3 of that. Buyers are active in the lower end of the market.
If you'd like more detailed info about the area, you can contact me via my website, noted below. Hope this info helps with your planning.
Curt Abramson answered:
Paul,
Curt Abramson from Bailey Properties here. I'd advise you to identify the homes you'd really like to consider, and then put together a strong offer that includes an option agreement. Just like any other offer, a lease-option has to meet the needs of both buyer and seller. Most sellers would prefer not to sell under these terms, and if you look specifically for one that has already decided to do that, you are limiting your pool of available homes. Sometimes, it's because the home won't sell any other way!
If you aren't working with another local agent, I'd be happy to talk with you about what a strong offer would look like, and what kinds of homes you might consider. You can contact me via my website, noted below, or directly via phone at 831-251-4718. Good luck with your quest!
Curt Abramson from Bailey Properties here. I'd advise you to identify the homes you'd really like to consider, and then put together a strong offer that includes an option agreement. Just like any other offer, a lease-option has to meet the needs of both buyer and seller. Most sellers would prefer not to sell under these terms, and if you look specifically for one that has already decided to do that, you are limiting your pool of available homes. Sometimes, it's because the home won't sell any other way!
If you aren't working with another local agent, I'd be happy to talk with you about what a strong offer would look like, and what kinds of homes you might consider. You can contact me via my website, noted below, or directly via phone at 831-251-4718. Good luck with your quest!
Curt Abramson answered:
This home is not listed on the MLS yet. However, when it is, I wouldn't expect it to be at this price. Houses a couple of blocks down that are listed are in the $380k-499k range. RealtyTrac and other "foreclosure" websites often don't have all the info online about what it will really take to buy the homes they market. Feel free to call me for more detail about that, at 831-251-4718.
If you'd like to get automatic notification of when homes like this hit the market, see my website below. Good luck with your search!
If you'd like to get automatic notification of when homes like this hit the market, see my website below. Good luck with your search!
My Listings
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Specialties
I specialize in homes and estates, investment properties and acreage throughout the state of California.
Experience
Latest:
Broker Associate for Bailey Properties
January 2004—present
Previous:
VP Marketing and Sales for The Hayes Mansion
September 1993—December 2003
Previous:
General Manager for The Ahwahnee Hotel
August 1989—September 1993
Certifications & Awards
Silver Circle Award Winner for Sales Production, Bailey Properties, 2007
Licensed Real Estate Broker, State of California
Member, Santa Cruz Association of Realtors
Member, California Association of Realtors
Member, National Association of Realtors
Licensed Real Estate Broker, State of California
Member, Santa Cruz Association of Realtors
Member, California Association of Realtors
Member, National Association of Realtors
Interests
My family and I operate a small farm in the Aptos Hills, growing avocados, citrus, olives, and tree fruit. We also grow Pinot Noir grapes and make small quantities of outstanding wine.
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