How much should a foreclosure property cost in CV?

[lepetitangel]

Hi sdrealtor,

As of now on sdlookup this property (5233 great meadow) is still active. Are you saying that it’s actually in “pending” instead of active?

What is ZipRealty? Is it a small real estate company? Are you basically saying they are listing to make as much money as possible?

To me, a asking price of $969K~$110K is def. outrageous for something like this. I’d say a low $900K or sub $900K offer is more realistic.

[UCGal]

[quote=lepetitangel]Hi sdrealtor,

As of now on sdlookup this property (5233 great meadow) is still active. Are you saying that it’s actually in “pending” instead of active?

What is ZipRealty? Is it a small real estate company? Are you basically saying they are listing to make as much money as possible?

To me, a asking price of $969K~$110K is def. outrageous for something like this. I’d say a low $900K or sub $900K offer is more realistic.[/quote]
He’s saying it went pending and fell out of escrow.

If you look at redfin you can get the details of when a home was listed, went pending, etc.

http://www.redfin.com/CA/San-Diego/5233-Great-Meadow-Dr-92130/home/12153350

[UCGal]

[quote=lepetitangel]Hi sdrealtor,

As of now on sdlookup this property (5233 great meadow) is still active. Are you saying that it’s actually in “pending” instead of active?

What is ZipRealty? Is it a small real estate company? Are you basically saying they are listing to make as much money as possible?

To me, a asking price of $969K~$110K is def. outrageous for something like this. I’d say a low $900K or sub $900K offer is more realistic.[/quote]
He’s saying it went pending and fell out of escrow.

If you look at redfin you can get the details of when a home was listed, went pending, etc.

http://www.redfin.com/CA/San-Diego/5233-Great-Meadow-Dr-92130/home/12153350

[UCGal]

[quote=lepetitangel]Hi sdrealtor,

As of now on sdlookup this property (5233 great meadow) is still active. Are you saying that it’s actually in “pending” instead of active?

What is ZipRealty? Is it a small real estate company? Are you basically saying they are listing to make as much money as possible?

To me, a asking price of $969K~$110K is def. outrageous for something like this. I’d say a low $900K or sub $900K offer is more realistic.[/quote]
He’s saying it went pending and fell out of escrow.

If you look at redfin you can get the details of when a home was listed, went pending, etc.

http://www.redfin.com/CA/San-Diego/5233-Great-Meadow-Dr-92130/home/12153350

[UCGal]

[quote=lepetitangel]Hi sdrealtor,

As of now on sdlookup this property (5233 great meadow) is still active. Are you saying that it’s actually in “pending” instead of active?

What is ZipRealty? Is it a small real estate company? Are you basically saying they are listing to make as much money as possible?

To me, a asking price of $969K~$110K is def. outrageous for something like this. I’d say a low $900K or sub $900K offer is more realistic.[/quote]
He’s saying it went pending and fell out of escrow.

If you look at redfin you can get the details of when a home was listed, went pending, etc.

http://www.redfin.com/CA/San-Diego/5233-Great-Meadow-Dr-92130/home/12153350

[UCGal]

[quote=lepetitangel]Hi sdrealtor,

As of now on sdlookup this property (5233 great meadow) is still active. Are you saying that it’s actually in “pending” instead of active?

What is ZipRealty? Is it a small real estate company? Are you basically saying they are listing to make as much money as possible?

To me, a asking price of $969K~$110K is def. outrageous for something like this. I’d say a low $900K or sub $900K offer is more realistic.[/quote]
He’s saying it went pending and fell out of escrow.

If you look at redfin you can get the details of when a home was listed, went pending, etc.

http://www.redfin.com/CA/San-Diego/5233-Great-Meadow-Dr-92130/home/12153350

[sdrealtor]

Lep,
UC is correct. It was in escrow but fell out. When that happens the sellers get fixated that it happened once and it will happen again so they wont compromise much on price.

ZipRealty is a fairly large internet based brokerage. They provide their agents with lots of buyer leads but in return the brokerage keeps most of the commission dollars. As a result the agents they get are typically inexperienced or agents that could not generate enough business ont heir own to survive so they end up there. I have received offeres on properties I have listed from ZipRealty buyers agents and have been very unimpressed. Its all about numbers to them and I never felt the buyers were well represented but perhaps that is just based upon my sample. With that said, I have never heard of a ZipRealty agent who had any degree of listing experience. Sellers that list with them do so because of discounted listing fees without realizing they could get a stronger more experienced agent for the same fees. Hope that clears things up.

[sdrealtor]

Lep,
UC is correct. It was in escrow but fell out. When that happens the sellers get fixated that it happened once and it will happen again so they wont compromise much on price.

ZipRealty is a fairly large internet based brokerage. They provide their agents with lots of buyer leads but in return the brokerage keeps most of the commission dollars. As a result the agents they get are typically inexperienced or agents that could not generate enough business ont heir own to survive so they end up there. I have received offeres on properties I have listed from ZipRealty buyers agents and have been very unimpressed. Its all about numbers to them and I never felt the buyers were well represented but perhaps that is just based upon my sample. With that said, I have never heard of a ZipRealty agent who had any degree of listing experience. Sellers that list with them do so because of discounted listing fees without realizing they could get a stronger more experienced agent for the same fees. Hope that clears things up.

[sdrealtor]

Lep,
UC is correct. It was in escrow but fell out. When that happens the sellers get fixated that it happened once and it will happen again so they wont compromise much on price.

ZipRealty is a fairly large internet based brokerage. They provide their agents with lots of buyer leads but in return the brokerage keeps most of the commission dollars. As a result the agents they get are typically inexperienced or agents that could not generate enough business ont heir own to survive so they end up there. I have received offeres on properties I have listed from ZipRealty buyers agents and have been very unimpressed. Its all about numbers to them and I never felt the buyers were well represented but perhaps that is just based upon my sample. With that said, I have never heard of a ZipRealty agent who had any degree of listing experience. Sellers that list with them do so because of discounted listing fees without realizing they could get a stronger more experienced agent for the same fees. Hope that clears things up.

[sdrealtor]

Lep,
UC is correct. It was in escrow but fell out. When that happens the sellers get fixated that it happened once and it will happen again so they wont compromise much on price.

ZipRealty is a fairly large internet based brokerage. They provide their agents with lots of buyer leads but in return the brokerage keeps most of the commission dollars. As a result the agents they get are typically inexperienced or agents that could not generate enough business ont heir own to survive so they end up there. I have received offeres on properties I have listed from ZipRealty buyers agents and have been very unimpressed. Its all about numbers to them and I never felt the buyers were well represented but perhaps that is just based upon my sample. With that said, I have never heard of a ZipRealty agent who had any degree of listing experience. Sellers that list with them do so because of discounted listing fees without realizing they could get a stronger more experienced agent for the same fees. Hope that clears things up.

[sdrealtor]

Lep,
UC is correct. It was in escrow but fell out. When that happens the sellers get fixated that it happened once and it will happen again so they wont compromise much on price.

ZipRealty is a fairly large internet based brokerage. They provide their agents with lots of buyer leads but in return the brokerage keeps most of the commission dollars. As a result the agents they get are typically inexperienced or agents that could not generate enough business ont heir own to survive so they end up there. I have received offeres on properties I have listed from ZipRealty buyers agents and have been very unimpressed. Its all about numbers to them and I never felt the buyers were well represented but perhaps that is just based upon my sample. With that said, I have never heard of a ZipRealty agent who had any degree of listing experience. Sellers that list with them do so because of discounted listing fees without realizing they could get a stronger more experienced agent for the same fees. Hope that clears things up.

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