Creating a sense of urgency. You better buy now!

[sdrealtor]

I think i can comment on this one.

SD R
You have no idea what advice was given to him and you are operating outside your area of expertise again. LCV as a market does well this time of year as corporate relo buyers roll into town. You could probably make a good buck chartering a bus from Lindburgh to LCV the 1st week in May each year. Its a secular cycle that is very reliable even in a market like this. Not to say it will create a boom market but a nice home, well prepped for the market and priced competitively has and should do well there this time of year.

The Serbal homes are lousy locations (very busy corner, short sale of home that has struggled to re-sell a few times over the last several years), a couple of much smaller single level homes (both very nice but in tough locations), a short sale of an ugly home that has been on the market over a year and a big 3Br home that is a tough sell. The 850K comp was for a smaller single level by 800 sq ft with a lousy north facing exposure. The nicer location of the single levels on Serbal has already ahd a couple offers at or above 850K. I know the seller. 50% of the market in LCV is short sales and some of the others are just plain tough sales no matter what kind of market we are in. There are LCV buyers that wont wait until a short sale is approved. The last home I listed there had over 800 emails get pushed out by Sandicor the first night it was listed. It is community that people watch closely in this area and aspire to.

He said there were no sales in the past 60 days, so obviously his agent showed him that. He also mentioned the 4 pendings in to 825K to 890K range so his agent showed him those too. I strongly suspect his agent explained the potential appraisal issue to him also. He’s got a good agent who I know is giving him good advice. I think you know him, check it out yourself.

[34f3f3f]

Best post this year! Thanks SD Realtor. You are the reason many of us keep coming back here.

[34f3f3f]

Best post this year! Thanks SD Realtor. You are the reason many of us keep coming back here.

[34f3f3f]

Best post this year! Thanks SD Realtor. You are the reason many of us keep coming back here.

[34f3f3f]

Best post this year! Thanks SD Realtor. You are the reason many of us keep coming back here.

[34f3f3f]

Best post this year! Thanks SD Realtor. You are the reason many of us keep coming back here.

[SD Realtor]

sdr I do not know who Ox’s agent is but if it is you I did not mean to disparage you. However I found the comments from Ox to be inconsistent.

That is, early in the thread he wrote,

“My agent said not to chase the market yet.”

Then later in the thread he wrote,

“Just spoke with my agent. He feels it is best to GET OUT of the market soon and recommends joining the $889 ranks. He says, things will not get any better for me by waiting as all of the momentum for sellers is down.”

*******

So wouldn’t that seem somewhat inconsistent to you if you read that? (Again please take it in the context of what was read by me, not knowing what you obviously know about the listing)

He also mentioned the fact that the Serbal sales were REO properties which knowing Serbal like you do, is not the case. The latest closing on Serbal was Lisa Hardens listing and it was not a distress sale.

Yes I do agree that Serbal is a busy street, and no I do not know how it compares to the home Ox has. However it is a case where there are several homes listing in the 900s and none of them have moved. Thus the point was to show that listed price has nothing to do with comps. There is also another pending not on Serbal that is in escrow significantly lower then the listed price.

Anyways sorry if I was critical of Ox’s agent if it is you. However I don’t think that any of my advice to him was out of line, (if you review it in the light of what Ox posted in the thread). Obviously I should have prefaced it all with something to the effect of “if your home matches up to these homes”.

[SD Realtor]

sdr I do not know who Ox’s agent is but if it is you I did not mean to disparage you. However I found the comments from Ox to be inconsistent.

That is, early in the thread he wrote,

“My agent said not to chase the market yet.”

Then later in the thread he wrote,

“Just spoke with my agent. He feels it is best to GET OUT of the market soon and recommends joining the $889 ranks. He says, things will not get any better for me by waiting as all of the momentum for sellers is down.”

*******

So wouldn’t that seem somewhat inconsistent to you if you read that? (Again please take it in the context of what was read by me, not knowing what you obviously know about the listing)

He also mentioned the fact that the Serbal sales were REO properties which knowing Serbal like you do, is not the case. The latest closing on Serbal was Lisa Hardens listing and it was not a distress sale.

Yes I do agree that Serbal is a busy street, and no I do not know how it compares to the home Ox has. However it is a case where there are several homes listing in the 900s and none of them have moved. Thus the point was to show that listed price has nothing to do with comps. There is also another pending not on Serbal that is in escrow significantly lower then the listed price.

Anyways sorry if I was critical of Ox’s agent if it is you. However I don’t think that any of my advice to him was out of line, (if you review it in the light of what Ox posted in the thread). Obviously I should have prefaced it all with something to the effect of “if your home matches up to these homes”.

[SD Realtor]

sdr I do not know who Ox’s agent is but if it is you I did not mean to disparage you. However I found the comments from Ox to be inconsistent.

That is, early in the thread he wrote,

“My agent said not to chase the market yet.”

Then later in the thread he wrote,

“Just spoke with my agent. He feels it is best to GET OUT of the market soon and recommends joining the $889 ranks. He says, things will not get any better for me by waiting as all of the momentum for sellers is down.”

*******

So wouldn’t that seem somewhat inconsistent to you if you read that? (Again please take it in the context of what was read by me, not knowing what you obviously know about the listing)

He also mentioned the fact that the Serbal sales were REO properties which knowing Serbal like you do, is not the case. The latest closing on Serbal was Lisa Hardens listing and it was not a distress sale.

Yes I do agree that Serbal is a busy street, and no I do not know how it compares to the home Ox has. However it is a case where there are several homes listing in the 900s and none of them have moved. Thus the point was to show that listed price has nothing to do with comps. There is also another pending not on Serbal that is in escrow significantly lower then the listed price.

Anyways sorry if I was critical of Ox’s agent if it is you. However I don’t think that any of my advice to him was out of line, (if you review it in the light of what Ox posted in the thread). Obviously I should have prefaced it all with something to the effect of “if your home matches up to these homes”.

[SD Realtor]

sdr I do not know who Ox’s agent is but if it is you I did not mean to disparage you. However I found the comments from Ox to be inconsistent.

That is, early in the thread he wrote,

“My agent said not to chase the market yet.”

Then later in the thread he wrote,

“Just spoke with my agent. He feels it is best to GET OUT of the market soon and recommends joining the $889 ranks. He says, things will not get any better for me by waiting as all of the momentum for sellers is down.”

*******

So wouldn’t that seem somewhat inconsistent to you if you read that? (Again please take it in the context of what was read by me, not knowing what you obviously know about the listing)

He also mentioned the fact that the Serbal sales were REO properties which knowing Serbal like you do, is not the case. The latest closing on Serbal was Lisa Hardens listing and it was not a distress sale.

Yes I do agree that Serbal is a busy street, and no I do not know how it compares to the home Ox has. However it is a case where there are several homes listing in the 900s and none of them have moved. Thus the point was to show that listed price has nothing to do with comps. There is also another pending not on Serbal that is in escrow significantly lower then the listed price.

Anyways sorry if I was critical of Ox’s agent if it is you. However I don’t think that any of my advice to him was out of line, (if you review it in the light of what Ox posted in the thread). Obviously I should have prefaced it all with something to the effect of “if your home matches up to these homes”.

[SD Realtor]

sdr I do not know who Ox’s agent is but if it is you I did not mean to disparage you. However I found the comments from Ox to be inconsistent.

That is, early in the thread he wrote,

“My agent said not to chase the market yet.”

Then later in the thread he wrote,

“Just spoke with my agent. He feels it is best to GET OUT of the market soon and recommends joining the $889 ranks. He says, things will not get any better for me by waiting as all of the momentum for sellers is down.”

*******

So wouldn’t that seem somewhat inconsistent to you if you read that? (Again please take it in the context of what was read by me, not knowing what you obviously know about the listing)

He also mentioned the fact that the Serbal sales were REO properties which knowing Serbal like you do, is not the case. The latest closing on Serbal was Lisa Hardens listing and it was not a distress sale.

Yes I do agree that Serbal is a busy street, and no I do not know how it compares to the home Ox has. However it is a case where there are several homes listing in the 900s and none of them have moved. Thus the point was to show that listed price has nothing to do with comps. There is also another pending not on Serbal that is in escrow significantly lower then the listed price.

Anyways sorry if I was critical of Ox’s agent if it is you. However I don’t think that any of my advice to him was out of line, (if you review it in the light of what Ox posted in the thread). Obviously I should have prefaced it all with something to the effect of “if your home matches up to these homes”.

[RoosterOrChicken]

SD realtor,

I am new to the Forums but I enjoy your posts. When I looked the properties at the StoneBridge a year ago, I backed out due to the location of the cummunity.

Howerver, after a year of searching homes around 4S, RB, Poway area. The homes in StoneBridge seem have better design and floorplan. There are huge.

I like plan3 home in IvyGate cummunity but there is none for sale.

One home at StoneBridge catchs my eye but it is a short sale. Don’t know if it worth the trouble. http://www.redfin.com/CA/San-Diego/11540-Edgewood-Pl-92131/home/12153083

Big home, big lot. Location still a concern (got two young kids and wife is working).

Appreciate your advise.

[RoosterOrChicken]

SD realtor,

I am new to the Forums but I enjoy your posts. When I looked the properties at the StoneBridge a year ago, I backed out due to the location of the cummunity.

Howerver, after a year of searching homes around 4S, RB, Poway area. The homes in StoneBridge seem have better design and floorplan. There are huge.

I like plan3 home in IvyGate cummunity but there is none for sale.

One home at StoneBridge catchs my eye but it is a short sale. Don’t know if it worth the trouble. http://www.redfin.com/CA/San-Diego/11540-Edgewood-Pl-92131/home/12153083

Big home, big lot. Location still a concern (got two young kids and wife is working).

Appreciate your advise.

[RoosterOrChicken]

SD realtor,

I am new to the Forums but I enjoy your posts. When I looked the properties at the StoneBridge a year ago, I backed out due to the location of the cummunity.

Howerver, after a year of searching homes around 4S, RB, Poway area. The homes in StoneBridge seem have better design and floorplan. There are huge.

I like plan3 home in IvyGate cummunity but there is none for sale.

One home at StoneBridge catchs my eye but it is a short sale. Don’t know if it worth the trouble. http://www.redfin.com/CA/San-Diego/11540-Edgewood-Pl-92131/home/12153083

Big home, big lot. Location still a concern (got two young kids and wife is working).

Appreciate your advise.

[RoosterOrChicken]

SD realtor,

I am new to the Forums but I enjoy your posts. When I looked the properties at the StoneBridge a year ago, I backed out due to the location of the cummunity.

Howerver, after a year of searching homes around 4S, RB, Poway area. The homes in StoneBridge seem have better design and floorplan. There are huge.

I like plan3 home in IvyGate cummunity but there is none for sale.

One home at StoneBridge catchs my eye but it is a short sale. Don’t know if it worth the trouble. http://www.redfin.com/CA/San-Diego/11540-Edgewood-Pl-92131/home/12153083

Big home, big lot. Location still a concern (got two young kids and wife is working).

Appreciate your advise.

[Author]

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