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Home Selling in Menlo Park : Real Estate Advice

  • All82
  • Local Info7
  • Home Buying28
  • Home Selling6
  • Market Conditions3

Activity 8
Tue Sep 4, 2012
Glen Mitchell answered:
which one makes more money? which one will cost more in repairs and or time? which one will you most likely get repeat visitors too? highway noise issues may be important, but there are probably bigger factors that you should be looking at in terms of purchase. For example if the property on the highway makes twice as much but costs the same, who cares about the noise :) ... more
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Fri Sep 5, 2014
Marcy Moyer answered:
Commissions are always negotiable. You should speak to several realtors and see what they are willing to offer you. Most (including myself) will not discuss the details on a public forum and could vary depending on what you need and how realistic you are about the price of your home.

Marcy Moyer
DRE 01191194
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Tue Apr 2, 2013
Grace Hanamoto answered:

In most cases, the answer is no. Agents will not pay "out of pocket" for the charges associated with selling or buying a home, which, in many cases, can be considerable.

However, I'm happy to say that our company has just the solution you're looking for--we call it the "Quiet Transaction"--meaning that a buyer and seller have found one another without marketing the home.

If you have a home to sell, and have a buyer, then we will coordinate all of the work for the seller for a low commission of one percent of the sales price of the home or $6000, whichever is higher. This covers the seller, and if the buyer would agree to be represented by another agent in our company, then the total transaction charge for the representation of the seller and the buyer is 2 percent (1 percent for the agent representing the seller and 1 percent for the agent representing the buyer). While we will not pay for any costs associated with selling the home (such as title fees, escrow charges, notary, transfer taxes, etc), the SAVINGS in commissions (which range from 3-4 percent or $21,000 to $28,000 for a home worth $700,000) will more than cover any out-of-pocket costs you may incur in selling your home.

Let me know if you are interested or need more information.

Grace Morioka, SRES
Area Pro Realty
Tel (408) 426-1616
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Sun Oct 15, 2017
Zoey Tolu answered:
Hello Joe,
Well it seems that your are concerned about road noise affecting the future resale value of the property you are thinking to purchase. If this is a concern to you it means that potential future buyers might think the same way. But than again in a good market condition when the supply is lower than the demand those concerns will pretty much desappear. As you are metioning in your question the school district is also one of the best in the Bay Area which will be a major pivot for future buyers. Also the fact that the houses are brand new is also a positive point for future buyers. Now you also have to take in consderation of the amount of time you are going to keep this property. Don't forget when the house will be appraised at time of purchase, the appraisor will take those items in consideration and will reflect them by adjusting the value/dollars amount from the comparables.
Since you are buying it today at a buyers market maybe you might be able to negotiate a liitle bit on the price and also ask for the seller or the builders to pay for your closing costs. Again street noise can be a negative think when selling your property, it all depends on when you will be selling it. I hope this will help you decide on your purchase. If you have any other concerns just. shoot me an email at
Good luck!

Zoey Tolu
Century 21 Realty Alliance
SAn Mateo, Ca 94402
Cell: 650-619-3379
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Fri Apr 9, 2010
Allison Klein answered:
Appraisal values are usually based on comps of surrounding homes that have recently sold so they are a good indicator of what your home would sell for. However, your home will only sell for what someone is willing to pay for it and this may be different than what figures the appraised value came in at. ... more
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Fri Apr 9, 2010
Vicki Moore answered:
There are standards for each county. It's true that in San Mateo County it is standard for the buyer to pay closing costs such as title and escrow fees and loan points. Sellers typically pay the city (if there is one) and county transfer taxes and the hazard report. ... more
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Fri Mar 25, 2011
Terry Lasky answered:
Hello Matt,
Keep in mind that only 2% of homes nationally sell off an open house. Open houses are very effective for agents to try to attract buyers (with the hope that just one will be interested in your home). I have sold over 500 homes and only 2 of my sales came off the open house. I generally try to hold open my listings every 3 weeks (not too often as to look desperate and hurt your negotiation position with prospective buyers). My listings get advertised in the Sunday Homes section of the local paper (which helps to give extra exposure). Open house schedules should be discussed when interviewing agents and ultimately it's important that you feel the agent you hire understands your needs and can implement solutions to arrive at your desired goals (open houses only being one venue). I hope that helps, but feel free to contact me if I can be of any more assistance. ... more
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Wed Apr 23, 2008
Kevin Boer answered:
I've done several transactions in that's what records show for these properties:

2101 Camino a los Cerros
Sold in 2/2004 sold for $660K
Sold in 1/2007 for $1.15M

2001 Sharon Road
No sales history found

2007 Sharon Road
No sales history found

2021 Ashton
Sold in 5/2007 for $1.225M

Homes in West Menlo / the Alameda have generally weathered the recent storm fairly well, a testament to the good local schools, which is the main driver of property values in this area.

Hope this helps.
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