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Home Selling in Tracy : Real Estate Advice

  • All462
  • Local Info34
  • Home Buying221
  • Home Selling10
  • Market Conditions19

Activity 10
Thu Jan 19, 2017
Vmj0227 asked:
Wed Oct 12, 2016
Arpad Racz answered:
Yes, your agent can pull up this info through an MLS search, and then do a quick CMA (Comparative Market Analysis) and that should have an average for all the columns at the bottom, including DOM (Days on Market). If you are looking for average days on market with relation to a specific home, it would be more effective to have this data researched in your neighborhood, type, and size of property, rather than for the whole city or even zip code.

Kind regards,
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0 votes 1 answer Share Flag
Thu Sep 8, 2016
Paul answered:
I use to calculate all financial aspects of buying, owning and eventually selling a home. It is a great, easy-to-use calculator to perform sophisticated break-even analysis in simple terms, ESPECIALLY FOR 1st-TIME HOMEBUYERS. It is educational and helpful in breaking down all real costs of homeownership, including closing costs, renovations, mortgage financing options, real estate taxes + HO insurance, title charges/insurance, transfer taxes and broker commissions. Invaluable tool for analyzing your house purchase as an investment, and whether it makes sound financial sense at a listed offering price. It actually helped me present a strong case to seller as to why price should be lower than what was originally asking. ... more
0 votes 16 answers Share Flag
Fri Jul 31, 2015
Rocky G.H. Hawrysz answered:
Ultimately anyone can tell you a price and many sellers end up making the wrong decision by selecting the agent that provided the highest price. Be wise and do some research. I would start by asking about their companies marketing reach. Are they world wide, national or just local and I would continue to ask about their specific marketing activities. Some Realtors pay significant dollars to make sure their ads appear on top. Also, look for the following.

1) Title

Are they a Realtor or a Broker Associate? A broker associate is qualified and licensed to not only help the public purchase and sell Real Estate, but are also licensed to manage agents and own their own brokerage. The State of California requires that a broker be qualified, educated and prepared to manage agents that report to them. If their qualified and versed in Real Estate to this extent wouldn’t you want one to represent you personally?

2) Designations

Commitment to being the best educated in the field. Selecting a credentialed agent also provides you with assurances that the agent knows what they're doing. Look for, at a minimum the CRS along with the GRI designations. Some of these designations are only offered to Realtor's that meet certain production requirements. There are more designations, but these will be a good start.

3) Testimonials

The real personality of the agent shines when others put into words how they were treated. Look for the character in these for authenticity. Remember, not everybody uses the same words or cliche'.

4) Communication

Does your agent answer their phone? Are they readily accessible during work hours, after hours or weekends? Are they full-time or part time? You usually can tell if they’re not answering the phone between certain hours or don't return your calls

5) Availability

Does it feel like you’re their only client? Many Realtors have a full plate every day, but the ones that are skilled with making you feel like they are an agent exclusively working for you is an important factor to take into consideration.

6) Negotiation Ability

Does the agent project confidence? Whats their back ground like? Does the agent have those qualities that tell you they’ll represent you through thick and thin and will not be driven solely by a paycheck? There is a fiduciary responsibility licensed agents have with their clients and you should expect no less.

7) Personality

Don't be fooled. Have you every selected a doctor, surgeon, lawyer, CPA out of convenience or because they were the life of a party, family member, friend or neighbor? I hope the answer is no. We always want the best of the best when it’s coming to something critical. Just because your not magnetically attracted to the individual that sounds perfect, doesn't mean they are not the right Realtor.
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0 votes 6 answers Share Flag
Fri May 24, 2013
Henry Brooks answered:
Good morning...

My wife and I own 8 properties with 28 tenants from Tracy, Manteca, Ripon, Salida & Riverbank. If I were buying more property, I would focus on Manteca, Ripon & Salida. These are all very strong values vs Tracy simply based on inventory. In terms of appreciation, the increase between Tracy & Manteca is very like/same, but you truly get more in Manteca and if your parents appreciate the smaller town feel, without all the Bay Area overflow and inflated prices, I would search Manteca and possible sell or rent their current home in Tracy. Feel free to call or text me anytime to chat some more @ 209-814-0119. Have a wonderful Memorial Day Weekend! Your Friend & Realtor, Henry Brooks;-) ... more
0 votes 2 answers Share Flag
Wed Feb 22, 2012
Meena Gujral answered:
Hi Tatiana,

I advise my clients to be out 1-2 days before closing so there are no last minute delays from the sellers side.

Sometimes delays could be from the buyers lender, but that is something one never knows till the last minute.

Just to give you an example, I have a listing where the seller is moving out tomorrow since we were closing on Friday but the buyer's lender is having some technical issues in getting the loan docs to the Title Company. So there will be delay in closing on Friday and it will be after the weekend.

Meena Gujral
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1 vote 8 answers Share Flag
Sun Mar 14, 2010
Joanna Jensen answered:
Would you be intterested in keeping your home if it made sense??
Have you considered a Loan Modification or settlement?

do you have one or two loans?
If you want to keep your home, an easy prequalification is this:
1) How much is your first loan? under $729k
2) Is your first mortgage more than 31% of gross income combined.
Is Home upside down?

If you have more than one loan, you may be able to settle the 2nd loan if they are underwater.
For example, if your first loan is 45% of your gross income, principal interest taxes and insurance you may be able to reduce it to 31% of gross income.

I am available if you need help.
Settle unsecured debt, mortageges and credit cards
JoAnna Jensen
Legal Realty
925 699 5041
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0 votes 5 answers Share Flag
Tue May 19, 2009
Keith Sorem answered:
In your market (see link...where prices are 29% below last year (per square foot)) are you kidding?

You should be glad that you have offers, let alone low ones.

You should ask to see ALL offers. ALso, ask for feedback from the agents. Remember, in a buyer's market if you are getting offers, be thankful. If they are lower than you want, then counter back, negotiate. and do not be greedy. ... more
0 votes 4 answers Share Flag
Tue Jun 24, 2008
Dave Werth answered:
Definitely looks like there is an agent there for you! I would certainly suggest meeting an agent that is right for you! Not every agent will be the right fit for you, as you have a choice to be represented in signing a buyers agency contract which will give you full disclosure of what you say & do. A suggestion would be to look for any agents that have an ABR or EPRO certification will certainly give you an advantage on your situation of short sales. Short sales mean patience and you must have an agent that is very aggressive but understanding the short sale process from being on both sides which is a must. Good luck as you will find a dozen realtors that will want you as there client, but find one that is willing to work very hard for you and stick it out because you might not here a response for up to 6 weeks for an answer back from the banks!

Good luck!
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0 votes 5 answers Share Flag
Mon Jun 23, 2008
Frank G. Silveria III asked:
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Home Selling in Tracy Zip Codes