Rancho Penasquitos Market

[SD Realtor]

5year I do not know what I believe anymore. No I don’t believe the home is worth 600k however the sellers are on the market at a perfect time. They have been listed for quite awhile though so it is not a new listing. They were on crack thinking they could get the original list price. It is a short sale, not a fresh listing at all.

[SD Realtor]

5year I do not know what I believe anymore. No I don’t believe the home is worth 600k however the sellers are on the market at a perfect time. They have been listed for quite awhile though so it is not a new listing. They were on crack thinking they could get the original list price. It is a short sale, not a fresh listing at all.

[SD Realtor]

5year I do not know what I believe anymore. No I don’t believe the home is worth 600k however the sellers are on the market at a perfect time. They have been listed for quite awhile though so it is not a new listing. They were on crack thinking they could get the original list price. It is a short sale, not a fresh listing at all.

[SD Realtor]

5year I do not know what I believe anymore. No I don’t believe the home is worth 600k however the sellers are on the market at a perfect time. They have been listed for quite awhile though so it is not a new listing. They were on crack thinking they could get the original list price. It is a short sale, not a fresh listing at all.

[SD Realtor]

5year I do not know what I believe anymore. No I don’t believe the home is worth 600k however the sellers are on the market at a perfect time. They have been listed for quite awhile though so it is not a new listing. They were on crack thinking they could get the original list price. It is a short sale, not a fresh listing at all.

[SD Realtor]

Doublewide

The MLS is used by realtors and brokers to market homes in the county. Only those same entities can list homes on the MLS. Once they are listed on the MLS they are distributed from a third party entity to on line providers such as realtor.com, zillow, zip, sdlookup etc… All of these third parties get the same data which is again, rooted from the MLS. Some of the information that is on the MLS for each listing is distilled out.

Now many times when a home is in foreclosure and/or bank owned and the bank has hired a broker to sell the home BUT has not priced it yet, that broker MAY INDEED market the home with signs and advertising. However he/she cannot put it on the MLS. Why? Because you need to have a price. So you will indeed see signs or other advertising for the home. You can call the agent on the sign, you can even submit an offer, and the agent may send it into the bank even though the bank has not priced it yet.

So that is the most likely source of why you don’t see them on line yet. Perform an experiment and call one of the numbers on the sign to see what is going on and ask why you don’t see the property on line yet.

[SD Realtor]

Doublewide

The MLS is used by realtors and brokers to market homes in the county. Only those same entities can list homes on the MLS. Once they are listed on the MLS they are distributed from a third party entity to on line providers such as realtor.com, zillow, zip, sdlookup etc… All of these third parties get the same data which is again, rooted from the MLS. Some of the information that is on the MLS for each listing is distilled out.

Now many times when a home is in foreclosure and/or bank owned and the bank has hired a broker to sell the home BUT has not priced it yet, that broker MAY INDEED market the home with signs and advertising. However he/she cannot put it on the MLS. Why? Because you need to have a price. So you will indeed see signs or other advertising for the home. You can call the agent on the sign, you can even submit an offer, and the agent may send it into the bank even though the bank has not priced it yet.

So that is the most likely source of why you don’t see them on line yet. Perform an experiment and call one of the numbers on the sign to see what is going on and ask why you don’t see the property on line yet.

[SD Realtor]

Doublewide

The MLS is used by realtors and brokers to market homes in the county. Only those same entities can list homes on the MLS. Once they are listed on the MLS they are distributed from a third party entity to on line providers such as realtor.com, zillow, zip, sdlookup etc… All of these third parties get the same data which is again, rooted from the MLS. Some of the information that is on the MLS for each listing is distilled out.

Now many times when a home is in foreclosure and/or bank owned and the bank has hired a broker to sell the home BUT has not priced it yet, that broker MAY INDEED market the home with signs and advertising. However he/she cannot put it on the MLS. Why? Because you need to have a price. So you will indeed see signs or other advertising for the home. You can call the agent on the sign, you can even submit an offer, and the agent may send it into the bank even though the bank has not priced it yet.

So that is the most likely source of why you don’t see them on line yet. Perform an experiment and call one of the numbers on the sign to see what is going on and ask why you don’t see the property on line yet.

[SD Realtor]

Doublewide

The MLS is used by realtors and brokers to market homes in the county. Only those same entities can list homes on the MLS. Once they are listed on the MLS they are distributed from a third party entity to on line providers such as realtor.com, zillow, zip, sdlookup etc… All of these third parties get the same data which is again, rooted from the MLS. Some of the information that is on the MLS for each listing is distilled out.

Now many times when a home is in foreclosure and/or bank owned and the bank has hired a broker to sell the home BUT has not priced it yet, that broker MAY INDEED market the home with signs and advertising. However he/she cannot put it on the MLS. Why? Because you need to have a price. So you will indeed see signs or other advertising for the home. You can call the agent on the sign, you can even submit an offer, and the agent may send it into the bank even though the bank has not priced it yet.

So that is the most likely source of why you don’t see them on line yet. Perform an experiment and call one of the numbers on the sign to see what is going on and ask why you don’t see the property on line yet.

[SD Realtor]

Doublewide

The MLS is used by realtors and brokers to market homes in the county. Only those same entities can list homes on the MLS. Once they are listed on the MLS they are distributed from a third party entity to on line providers such as realtor.com, zillow, zip, sdlookup etc… All of these third parties get the same data which is again, rooted from the MLS. Some of the information that is on the MLS for each listing is distilled out.

Now many times when a home is in foreclosure and/or bank owned and the bank has hired a broker to sell the home BUT has not priced it yet, that broker MAY INDEED market the home with signs and advertising. However he/she cannot put it on the MLS. Why? Because you need to have a price. So you will indeed see signs or other advertising for the home. You can call the agent on the sign, you can even submit an offer, and the agent may send it into the bank even though the bank has not priced it yet.

So that is the most likely source of why you don’t see them on line yet. Perform an experiment and call one of the numbers on the sign to see what is going on and ask why you don’t see the property on line yet.

[doublewide]

SD R,

I get it now…I thought all the online housing data providers were separate…I thought the owner or agent had to enter the homes into each site – didn’t know it all came from MLS.

So does this contribute to the “phantom inventory” issue you all discuss periodically? These 12 homes are for sale but not part of the “offical number”? I knew banks were sitting on homes, not releasing them, not wanting to flood the market, but I didn’t know homes are activly being marketed but not offically listed…wonder how many there are out there for sale but not listed. Yup, gonna stick to renting!

I’ll write down some numbers and call on them next time we’re out…

Doublewide

[doublewide]

SD R,

I get it now…I thought all the online housing data providers were separate…I thought the owner or agent had to enter the homes into each site – didn’t know it all came from MLS.

So does this contribute to the “phantom inventory” issue you all discuss periodically? These 12 homes are for sale but not part of the “offical number”? I knew banks were sitting on homes, not releasing them, not wanting to flood the market, but I didn’t know homes are activly being marketed but not offically listed…wonder how many there are out there for sale but not listed. Yup, gonna stick to renting!

I’ll write down some numbers and call on them next time we’re out…

Doublewide

[doublewide]

SD R,

I get it now…I thought all the online housing data providers were separate…I thought the owner or agent had to enter the homes into each site – didn’t know it all came from MLS.

So does this contribute to the “phantom inventory” issue you all discuss periodically? These 12 homes are for sale but not part of the “offical number”? I knew banks were sitting on homes, not releasing them, not wanting to flood the market, but I didn’t know homes are activly being marketed but not offically listed…wonder how many there are out there for sale but not listed. Yup, gonna stick to renting!

I’ll write down some numbers and call on them next time we’re out…

Doublewide

[doublewide]

SD R,

I get it now…I thought all the online housing data providers were separate…I thought the owner or agent had to enter the homes into each site – didn’t know it all came from MLS.

So does this contribute to the “phantom inventory” issue you all discuss periodically? These 12 homes are for sale but not part of the “offical number”? I knew banks were sitting on homes, not releasing them, not wanting to flood the market, but I didn’t know homes are activly being marketed but not offically listed…wonder how many there are out there for sale but not listed. Yup, gonna stick to renting!

I’ll write down some numbers and call on them next time we’re out…

Doublewide

[doublewide]

SD R,

I get it now…I thought all the online housing data providers were separate…I thought the owner or agent had to enter the homes into each site – didn’t know it all came from MLS.

So does this contribute to the “phantom inventory” issue you all discuss periodically? These 12 homes are for sale but not part of the “offical number”? I knew banks were sitting on homes, not releasing them, not wanting to flood the market, but I didn’t know homes are activly being marketed but not offically listed…wonder how many there are out there for sale but not listed. Yup, gonna stick to renting!

I’ll write down some numbers and call on them next time we’re out…

Doublewide

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