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Home Selling in Santa Monica : Real Estate Advice

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  • Home Buying64
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Activity 20
Wed Oct 26, 2016
Rich Reed answered:
In CA, a real estate broker functioning as a dual agent may not disclose to the seller that the buyer is willing to pay more than the buyer's written offer to purchase, nor may a dual agent disclose to the buyer that the seller will take less than that which is set forth in the listing agreement, without the express written consent of the party authorizing the disclosure (this limitation in effect prevents the broker, when acting as a dual agent, from negotiating the price and related financial terms on behalf of either the seller or buyer or both). (CA Civil Code 2079.21).

I am a real estate broker qualified to advise you on California real estate matters, not the law. If you desire legal advice, consult with an attorney.

Hope this helps!
... more
0 votes 2 answers Share Flag
Sun Jun 5, 2016
Gail Mercedes Cole answered:
A listing agent has a listing agreement. Listing agreement has asking price and terms of the listing. This agreement is signed by seller(s), agent and broker. If you only have a verbal agreement with agent this is no listing agreement. When you say she is listed as my listing agent. Listed with whom? She is only listing agent if you have executed listing contract. ... more
0 votes 4 answers Share Flag
Thu Apr 16, 2015
Tristam Bielecki answered:
Any Realtor that is licensed is bound to a code of ethics - if they are part of a local Realtor association (almost all are), then you can submit a complant to them. You can also submit complaints to the state Bureau of Real Estate. ... more
0 votes 15 answers Share Flag
Wed Apr 1, 2015
Jamie Tian answered:
Try contacting Trulia directly via Live Chat.

Best,
?
Jamie Tian
Rodeo Realty
(310) 717-1321
JamieTian@RodeoRE.com
www.JamieTian.com
BRE #01920120
0 votes 3 answers Share Flag
Tue Jul 1, 2014
Dan Tabit answered:
Gina,
We're not lawyers and don't have the rest of the documents to really advise you. If you want out of a deal, ask your agent. If they aren't helpful get all the signed forms to an attorney for review. ... more
0 votes 1 answer Share Flag
Mon Nov 11, 2013
Marsha Block answered:
Not all Santa Monica Condos are in non-conforming areas. I think the realtors you have spoken to do not understand the zoning laws of properties. If you do go forward with sale and can get a loan, you need to understand that zoning laws dictate what you may replace your unit with if you need to rebuild.

There are lovely units on the market that do comply with the zoning law. I have heard of this situation, not only with condos, but apartment building, houses , etc.. Remember the currant codes are "the law" and much be followed, at all times.
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0 votes 6 answers Share Flag
Fri Nov 1, 2013
Dorene Slavitz answered:
You can go back to that agent, and that buyer and see if they are still interested. You should have seen every offer in the order it was given, unless you told your Realtor otherwise.
0 votes 17 answers Share Flag
Mon Oct 21, 2013
Gary Geer answered:
Cansell,
Until you have your agreement signed and delivered in writing you only have lip service.
0 votes 17 answers Share Flag
Fri Aug 31, 2012
Marcus Necessary answered:
Your listing agreement is between you and your broker/agent. The purchase contract you have is between you and your buyer. Neither agreement affects the other but I would suggest that you check the listing agreement to see if spells out how this situation will be handled. ... more
0 votes 13 answers Share Flag
Sat Mar 24, 2012
Eddie Stocker answered:
Hi Pamela,

Try Jerry, he has done excellent work for my clients. I also own a triplex in 90405. If you have any questions please contact me.

Westside Appraisal
Jerry Von Buskirk
o 310-305-8834
m 310-902-5941
jvonbuskirk@ca.rr.com
4870 1/2 McConnell Ave
Los Angeles, CA 90066

Best,

Eddie
... more
0 votes 1 answer Share Flag
Fri Mar 2, 2012
SERGEY FEDNOV *** 424-777-9377 answered:
I'll be happy to help you out!
I offer Full Service and very reasonable Rates/Commissions - Rebates.

I'm very familiar with Chatsworth Area in fact i just closed an escrow less than 3 weeks ago on the property out there off 118 and De Sotto.

Please feel free to call me 424-777-9377 - i'll be happy to help you out.




Thank you for your time.


Should you have any questions - please feel free to call me Toll Free: 1-855-TRUST-55 (1-855-878-7855) ext. 777.



Sergey Fednov

President - Realtor®
- Trust Sale Realty -

Residential & Commercial Real Estate
_______________________________
Toll Free: 1-855-TRUST-55
Toll Free: 1-855-878-7855
Phone: 424-777-9377
Fax: 310-356-4925 http://www.TrustSale.com http://www.TrustSaleRealty.com
Lic# 01896869
... more
7 votes 11 answers Share Flag
Wed Aug 24, 2011
Dorene Slavitz answered:
Dear MJ,
Sorry to hear of your difficulties and the unethical behavior you have experienced. Both the commissions you mentioned are low, but commissions are negotiable in the State of California. We cannot really discuss exact amounts because of trust laws that prohibit such. I don't know who you have been talking to, but they are giving you very bad advice!
In my opinion, it does take strong marketing and hard work to sell a home in this market. More then at other times when your competition is not Foreclosures and Short Sale homes. It also costs money to attract good buyers and good buyer agents. That's something to keep in mind when negotiating commissions.
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0 votes 14 answers Share Flag
Thu May 5, 2011
Kathleen Becker answered:
Dear Decision:

A web presence is very curtail to the sale of a home. Research shows that most buyers look on the internet for homes, prior to working with an agent. Get the most coverage from your listing by posting it on sites like the MLS, Trulia, Zillow, LA Times, Home Finder, Realtor.com, craigslist...and the list goes on. Your personal website also is key to marketing the property. You can also develop a web stie specific to the property and use the address for the web address address, ie: www.123anystreet.com, post pictures and information about your property. And of course, a sign on the property is key, many lookers drive the area they want to be in and take down addresses as they drive. There are also other local and international media types and publications that may be used. If you are looking to get equity out of the property and you are not upside down, this may not be a bad way to go if you are experienced. If your are not, then consider using an outside broker. You can always ask for a referral fee.

On the other hand, if you go with an outside broker, they already have these tools in place, they can market your home faster, more efficiently, get better coverage, network with local agents and possibly achieve multiple offers which may yield a higher return for you.

If you are upside down and have no equity, the questions is...are you ready to do the work?

Feel free to give me a call if you would like to discuss your options further.

Good Luck!

All the best,

Kat Becker
Prudential California Realty
katbecker@hotmail.com
(323) 819-4760
... more
0 votes 17 answers Share Flag
Sat Jan 22, 2011
George Salazar answered:
Dear Mdradlya,
I am a Realtor in Santa Monica and understand that you are concerned about a 5 months contract. My advise is to ask your Realtor how much will it sell for if within the 3 motnhs contract you are looking for, and list it for that price. If you want to list it for a higher price and "later renegotiate" you might find out that prices are going down and it will sell for even less. The reality in Santa Monica is that prices are going down. I wish I could tell you differently, but this is the case.
Best,
... more
0 votes 11 answers Share Flag
Thu Jan 13, 2011
Felecia Wesley answered:
Your agent has a fiduciary duty to you, which includes providing you with copies any any documents that you sign immediately. I hope that this has been resolved. I wish you the best of luck. ... more
0 votes 17 answers Share Flag
Sun Oct 31, 2010
John answered:
Thanks everyone. As you might have guessed from the date of the post, my home sold over 2 years ago.
0 votes 11 answers Share Flag
Wed Jun 23, 2010
Kim & Kristine Halverson asked:
It would be great to know what is really important to clients. We want to give clients exactly what they want and then some. We want to make working with us an experience to remember.…
0 votes 0 Answers Share Flag
Thu Jun 3, 2010
Kim & Kristine Halverson answered:
Hi Grant,

So far the answers are good, I think Don answers your question more directly.

If you have a buyer for your home, you may consider brining in an agent to faciliate the sale, perhaps that is what you meant by a settlement agent. I've worked as a buyer's agent with a homeowner that did not want to list their home, but offered a 2.5% commission if I brought a buyer.

If you are considering selling without a broker, see the site I've mentioned for a few tips.

Hope this helps you,

Kim
... more
0 votes 3 answers Share Flag
Wed Mar 31, 2010
Elizabeth Salinas Kelley answered:
Tom,
Ask the listing agent for permission to market his/her listing on your site. You can also try calling those agents you mention to see how they did it. The MLS has a brochure on "Rules & Regulations" posted. Good luck! ... more
0 votes 7 answers Share Flag
Wed Nov 26, 2008
robbie sikora answered:
tom,
if in fact the seller signed the acceptance offer and faxed it only to the listing agent and it has not yet been transmitted nor received by the selling agent or their buyer, than the seller does have the right to pull back the reigns of the initial acceptance and consider a higher offer. the seller could also respond with a multiple counter offer (listing agent must notify all selling agents if this were to happen) with the hopes of gaining a higher sales price or just accept the highest offer without a counter. once the selling agent and/or buyer has received the acceptance from the seller and is initialed by the selling agent and returned to the seller, then and only then is it a done deal.

kindest regards,
robbie sikora
Gibson International
rs@robbiesikora.com
... more
0 votes 2 answers Share Flag
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