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Glen Park : Real Estate Advice

  • All24
  • Local Info3
  • Home Buying6
  • Home Selling5
  • Market Conditions0

Activity 20
Sun Aug 20, 2017
Derek Jones answered:
Can you sue? That is a question for an attorney. As real estate agents we aren't licensed to give legal advice.

As a side note, not sure what your mls is like but mine has this advisory for all listings:

"All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information."
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Sun Jan 15, 2017
Terryzartman answered:
is the broker liable for damage during a bank appraisel? door left unlocked wind blew it off of house
0 votes 15 answers Share Flag
Mon Apr 20, 2015
Hugh Groocock answered:
Hello Donald,

I think it would be helpful to look at the mutual expectations that were in place when you signed the agreement. Whether the agreement (or an offer delivered by the agent) is legally enforceable is a question that requires legal advice (I'm a marketing specialist, not an attorney).

It sounds like you may have signed a "Pocket Listing" with a "Make-me-move" price and that the agent's expectation is that if they bring you an offer at or above your desired price, then you will accept the offer.

One could argue that would be a reasonable expectation from the agent's point of view, because otherwise why should the agent and the potential buyer invest the time to see your home in the first place? However an offer at a high price may not be very appealing if the terms are wobbly so it's also reasonable that there should be a way for you, the seller, to say no to an offer which did not meet your expectations in terms of financing or other contingencies.

It sounds like you are worried that you could be cornered with an offer that sort of meets or even exceeds your "list price" and yet which you suspect may nonetheless be less than what your home would fetch on the open market. That is an apprehension shared by many sellers who show their homes on a private basis without full market exposure.

The best way to relieve anxieties on that count to expose the home to the open market with a listing agent who is committed to getting you the highest price and best possible terms, preferably an agent that does not already have a buyer in mind for your home.

It's true there are certain situations where full exposure might NOT be advisable (for example, some sellers require a fast or discreet sale, or it may be a home occupied by tenants and quite difficult to show, or you may own a home that is so unique that only a very few buyers would potentially be interested in it).

In those cases, a popular route is to list the home with an agent that belongs to T.A.N. (Top Agent Network -- a private networking group of prominent agents) where the home's availability can be quietly advertised to other active agents who might have qualified buyers, but in such a manner that your asking price and other private details regarding your home are not released to the general public. This is different than signing a one-time-showing agreement, and would still likely produce enough exposure to get you a good price.

Pls call if you would like to discuss your situation in more detail.

Hugh Groocock, Zephyr
Top Producer, Member of T.A.N.
Ranked Top 10% in San Francisco
http://www.hughgroocock.com
hugh@hughgroocock.com
cell: 415-971-4414
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Tue Mar 31, 2015
Karen Peyton answered:
Hi Demetra,

Unless you are your own broker, you should take this question to your broker or managing broker. They will tell you the office protocol for handling such matters.

As pointed out by Richard (below) an agent solicitation of a property listed exclusively for sale (with a sales proposition) constitutes a violation of the Code of Ethics (article 16). Could be the other agent needs to be "reminded" of this fact and how our local "boards" don't take kindly to this type of behavior. On the other hand, this situation begs the question of whether or not the other agent knew or knows of your listing. Their involvement may simply be a mistake.

Of course your options are: allow cancellation of the listing agreement with no compensation, cancel with compensation, match the price of the other agent, or negotiate and amend your existing agreement.

Unless your listing agreement with the Seller allows for unilateral cancellation, take a moment to think all scenarios through. Hopefully you know what services have been promised by the other agent and can therefore "strategize" a successful outcome.

Best of Luck!

K.
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Sun Mar 16, 2014
Tom Flinn answered:
Hi what's the address? Please call me at 415 621 7572 to discuss this. Thank you. Tom Flinn.
0 votes 10 answers Share Flag
Wed Oct 30, 2013
answered:
I help people buy homes all day long. For help, call or email for a free pre-approval in less than 10 minutes. We lend our own money and are licensed in 49 states.

We can do: FHA, Conventional, USDA, VA, HARP, Interest Only, Home Equity, Fixed, and Variable. Find out which product is right for you by calling Brad at (855) 415-5626.

Brad Neumann
Sr. Loan Officer
Crosscountry Mortgage Inc.
Toll Free: (855) 415-5626 ext. 5734
Email: bneumann@myccmortgage.com
NMLS# 948036
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Wed Jun 5, 2013
Trung Lam & Evan answered:
Beside talking to an attorney; maybe you should open it up with all parties with the reason why you are changing your mind. A mutual agreement with all parties may get you out of contract as well. Good luck! ... more
0 votes 8 answers Share Flag
Fri Jan 18, 2013
Sally Rosenman answered:
This is too much of a question for Realtors to answer legally.... Contact a real estate attorney is my suggestion. David Gellman, Stephen Lightfoot, Steven Adair MacDonald, Andy Sirkin...... please go to Resources on my website for a list of Real Estate Attorneys. Good luck! ... more
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Fri Jan 20, 2012
Camille answered:
Thank you all for your answers. They have been very helpful.
0 votes 7 answers Share Flag
Sun Nov 20, 2011
Jed Lane answered:
That would depend on you and what you or future buyers perceive as contributing to community. There will be some who beleive that assisted housing houses those that are not "worthy" of living in an area. Then there are those who don't feel that need for mono economic surroundings and are comfortable in mixed income or otherwise diverse communities.
The trend in urban design is to build mixed income housing. we see this in the Hunters Point build-out and in all the replacement of the housing department unitsunder the HOPE VI federal program and HOPE SF at North Point, Ceasar Chavez, and coming soon Potrero and Bayview/Hunters Point.
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Fri Nov 18, 2011
Carla Bruckner answered:
I would say that Glen Park is quiet and fairly safe. I did have my car windows broken about a year ago, but apparently the perps were nabbed committing another crime. Nothing untoward has happened since then. I don't know that I would walk up Diamond or along Bosworth by myself late at night... ... more
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Tue Oct 25, 2011
Trulia asked:
What did you wish you knew before moving here?
0 votes 0 Answers Share Flag
Tue Oct 25, 2011
Trulia asked:
Are home prices in Glen Park going to appreciate or depreciate? What are the current market conditions for buying or renting?
0 votes 0 Answers Share Flag
Tue Oct 25, 2011
Trulia asked:
What are the cons of living here?
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Tue Oct 25, 2011
Trulia asked:
What are the pros of living here?
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Mon Oct 10, 2011
Kevin Ho answered:
George:

There isn't a cooling off period in California for property sales like there is for cars. If you're using the standard California Association of Realtors or San Francisco Association of Realtors contract (which most agents do), then take a look at your buyer's remorse clauses that the others have mentioned. They're broadly drafted and allows the parties to cancel for any or no reason up to a point so long as you're all acting in good faith. These two form contracts also contain a series of very important deadlines for contingencies to be removed. Think about these items as the checklist of things that need to happen before escrow can close, e.g., appraisals, inspections completed to buyer's satisfaction, financing. As you can see, they're usually buyer-oriented. But after a point, the progress has become so substantial a buyer's reasons to cancel a deal become less and less reasonable as time goes on and contingencies get removed.

I would bet your real question is more likely focused on your 3.5 percent deposit and whether or not its fully refundable. That answer also depends on the above and human nature in general. Real estate is more emotional than you'd think at first.

Ideally, your agent can answer your question and when making an offer on a property you would have done so thoughtfully so you never get to the point where you want to cancel.
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Thu Jul 2, 2009
Jeff Woo answered:
One other point you may want to consider. If the pool & patio were not built to code, or worst, built in a defective manner so as to increase the risk of injury or damage to your property, you of course want to know. So when you do your inspection, you want to mitigate this risk of liability by perhaps having more extensive inspection done by a expert specializing in concrete work or pool construction.

Jeffery Woo, Esq.
Sedgwick, Detert, Moran & Arnold LLP
Complex Rental Housing Group
415-627-3607
jeff.woo@sdma.com
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Tue Jul 1, 2008
No One answered:
9x the cost of taking it down (if it is a single family & u need to take it down)
0 votes 5 answers Share Flag
Wed Nov 7, 2007
Noevalleyjim answered:
I own a duplex on the Noe Valley/ Glen Park border and keep an eye on home prices and I can tell you that the market here is surprisingly strong. Even though prices have been going down mostly in California, they have gone up slightly in this area. A lot of people being priced out of Noe are ending up in Glen Park and it is gentrifying as a result. Properties are mostly going for a bit over asking price and nothing stays on the market long. Good luck in your house hunt. ... more
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