I am assuming that you are looking for a property in La Canada. If that is correct then the information you are getting is incorrect. As of today, there are 134 properties listed for sale in La Canada. Of these 100 have a price that exceeds $1,000,000. During the last 6 months, 67 properties have been sold. Lets take, as a reference 10 properties that have sold at the lower end of the spectrum. The escrow times have been 1, 10, 40, 60, 41, 45, 15, 5, 46, and 15 days respectively giving an average figure of 27.8 days in escrow. One property at the very bottom was in escrow for 162 days and this exception was not taken into calculation.
At the top end of the price range, the escrow periods are 60, 40, 19, 2, 6, 29, 39, 14, 40, and 15 days giving an average figure of 26.4 days respectively. I guess, if we are indeed talking about La Canada, then the first agent is making wild statements.
I have a question. How would you employ an agent to handle what is probably one of the most expensive purchase in your lifetime? Wouldn't you satisfy yourself completely on the agent's credentials before allowing him/her to represent you? Trust is good but the need to verify may also be prudent.
During your interviews of prospective agents, ask as many questions as you want in order to get a clearer picture on the capabilities of the individual. When required ask for references and testimonials. Do that and you should be fine.
United America Realty