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Home Selling in Redlands : Real Estate Advice

  • All92
  • Local Info7
  • Home Buying29
  • Home Selling4
  • Market Conditions6

Activity 7
Sun Oct 5, 2014
Scott Godzyk answered:
With an online valuation you get what you pay for. The best way to get a true value of your home is through a local agent. Most will come out at no costs and give you a valuation and assist you in your real estate needs,. Skip the online part ... more
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Sat Sep 20, 2014
Arpad Racz answered:

The real metric we should be focused on is what are the Average Days on Market in your area, and how many total house showings have you received, to see if they are within the norm, since it is usually another agent that brings the buyer rather than the listing agent in my experience.

Kind regards,

... more
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Wed Jul 30, 2014
Matt Booth answered:
Hi Jessica,

It really depends on what "market" you are living in. Real estate is very local. Here in St. Louis I would say that we are slowing a bit but still leaning more towards a "buyer's market" in that inventory is low and prices are slowly creeping upwards. I attribute it to the low interest rates. If and when there is a credit tightening then I think we could see a true market shift here locally. ... more
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Tue Jul 29, 2014
Garrigus Real Estate answered:
It really depends on what the comps warrant and what your goal is for selling. If you priced your home on the higher spectrum of the comps then 15-30 days isn't a bad time to start thinking about it. I would really need to analyze the property to better provide information. If things don't work out with your current listing and you are looking for a second opinion we would be happy to discuss your options. ... more
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Mon Jul 8, 2013
Randy Fox answered:
Hi Amy, to follow up on Jory's comment; you'll want to contact 3rd party servicing companies for both BPOs and REOs - another term for these companies is Asset Management Providers (AMP's) - and register with them. Do a search for BPO Providers, BPO Companies, Asset Management Companies & Asset Management Providers.

With most companies the registration is free; some companies charge for this - being new to the game I would advise you to NOT pay for registering with any of them when first getting into it. Some companies will let you apply online; some aren't accepting new agents, and still others may request you to send them an email.

Good Luck!
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Tue Oct 9, 2012
Lon Mapes answered:
Anything is negotiable. You would have to speak with the owner of the mobile home park to see if this would be something they'd be willing to do. My sense is that they'd most likely not be excited about such an arrangement. But you don't know if you don't ask. ... more
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Thu Feb 24, 2011
Steve Smith answered:
What If the market is going down 1% Per Month, or 2% or 3%?. Going back in Time to get a sale when the market is going down, requires a Time Adjustment by the appraiser to bring the old sales prices down to where the market is today. Discounting a Listing is appriopriate, the only question is how much.

The opposite is true when the market is going up. Is your market going up or down?

Look at the number of Listings over $1m and the number of Sales in the last month, two, three, four, five and six month period. What is the average number of Sales, and what is the current Inventory? It might be that there is an Over Supply.

The upper end market segment may have held better than the lower levels. The lower levels started declining in March, 2006 in Redlands. In Feb. I gave a presentation at the Library to a group that was interested in the future of real estate price trends, and predicted a 25%-50% drop in prices. The reaction by the press was negative, because there had been no measurable declines, and none of the nationally quoted real estate writers has mentioned it. The rest is history.

Post Madoff, high end buyers became fewer. Prices at the high end began to soften in 2009. Now, there is an over supply as more hang on the market and do not sell. Selling at any price today, may be much better than not selling at all in the next year..
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Home Selling in Redlands Zip Codes