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SD Realtor
ParticipantI posted about short sales in another thread not long ago about my thoughts that. Basically that I feel many more short sales failure are due to the listing agents being lazy more then anything else. The two I have listed right now are really a pain in the butt as well. Both have seconds and both are taking alot of time, lots of calls, lots of faxes, and refaxes and more calls. Meanwhile for the short sales I have offers in as for buyers, I have to keep calling the listing agents up to get status…. over and over again.
Gotta agree with you sdr.
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As for whoever posted asking me what it was like the last time I was at the trustee sale last year there were about 12 people there.
SD Realtor
ParticipantI posted about short sales in another thread not long ago about my thoughts that. Basically that I feel many more short sales failure are due to the listing agents being lazy more then anything else. The two I have listed right now are really a pain in the butt as well. Both have seconds and both are taking alot of time, lots of calls, lots of faxes, and refaxes and more calls. Meanwhile for the short sales I have offers in as for buyers, I have to keep calling the listing agents up to get status…. over and over again.
Gotta agree with you sdr.
********
As for whoever posted asking me what it was like the last time I was at the trustee sale last year there were about 12 people there.
SD Realtor
ParticipantI posted about short sales in another thread not long ago about my thoughts that. Basically that I feel many more short sales failure are due to the listing agents being lazy more then anything else. The two I have listed right now are really a pain in the butt as well. Both have seconds and both are taking alot of time, lots of calls, lots of faxes, and refaxes and more calls. Meanwhile for the short sales I have offers in as for buyers, I have to keep calling the listing agents up to get status…. over and over again.
Gotta agree with you sdr.
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As for whoever posted asking me what it was like the last time I was at the trustee sale last year there were about 12 people there.
SD Realtor
ParticipantPeter yes of the actual open bids most went back to the lender. However there were far far far more postponements then open bids. At least 4 to 1. Thus loan mods, short sales, and bks are happening at a far greater pace then the actual trustee sale.
SD Realtor
ParticipantPeter yes of the actual open bids most went back to the lender. However there were far far far more postponements then open bids. At least 4 to 1. Thus loan mods, short sales, and bks are happening at a far greater pace then the actual trustee sale.
SD Realtor
ParticipantPeter yes of the actual open bids most went back to the lender. However there were far far far more postponements then open bids. At least 4 to 1. Thus loan mods, short sales, and bks are happening at a far greater pace then the actual trustee sale.
SD Realtor
ParticipantPeter yes of the actual open bids most went back to the lender. However there were far far far more postponements then open bids. At least 4 to 1. Thus loan mods, short sales, and bks are happening at a far greater pace then the actual trustee sale.
SD Realtor
ParticipantPeter yes of the actual open bids most went back to the lender. However there were far far far more postponements then open bids. At least 4 to 1. Thus loan mods, short sales, and bks are happening at a far greater pace then the actual trustee sale.
SD Realtor
ParticipantHi DW
Funny you ask that. I “think” they had a total of 280 properties to start with today. So the first hour or so he blew through them…Maybe it took 10-15 seconds per property. He would read the address, then the reason it was not going to sale today. Example
“1313 Mockingbird Way, San Diego (he would not even do the zip cod) postponed 6/22 BR. (beneficiary request)”
So he slammed them. I would say he got about 3-4 per minute and then he would take a break and chug some water after about 10 minutes. He knew most of the bidders there by name and visa verse.
SD Realtor
ParticipantHi DW
Funny you ask that. I “think” they had a total of 280 properties to start with today. So the first hour or so he blew through them…Maybe it took 10-15 seconds per property. He would read the address, then the reason it was not going to sale today. Example
“1313 Mockingbird Way, San Diego (he would not even do the zip cod) postponed 6/22 BR. (beneficiary request)”
So he slammed them. I would say he got about 3-4 per minute and then he would take a break and chug some water after about 10 minutes. He knew most of the bidders there by name and visa verse.
SD Realtor
ParticipantHi DW
Funny you ask that. I “think” they had a total of 280 properties to start with today. So the first hour or so he blew through them…Maybe it took 10-15 seconds per property. He would read the address, then the reason it was not going to sale today. Example
“1313 Mockingbird Way, San Diego (he would not even do the zip cod) postponed 6/22 BR. (beneficiary request)”
So he slammed them. I would say he got about 3-4 per minute and then he would take a break and chug some water after about 10 minutes. He knew most of the bidders there by name and visa verse.
SD Realtor
ParticipantHi DW
Funny you ask that. I “think” they had a total of 280 properties to start with today. So the first hour or so he blew through them…Maybe it took 10-15 seconds per property. He would read the address, then the reason it was not going to sale today. Example
“1313 Mockingbird Way, San Diego (he would not even do the zip cod) postponed 6/22 BR. (beneficiary request)”
So he slammed them. I would say he got about 3-4 per minute and then he would take a break and chug some water after about 10 minutes. He knew most of the bidders there by name and visa verse.
SD Realtor
ParticipantHi DW
Funny you ask that. I “think” they had a total of 280 properties to start with today. So the first hour or so he blew through them…Maybe it took 10-15 seconds per property. He would read the address, then the reason it was not going to sale today. Example
“1313 Mockingbird Way, San Diego (he would not even do the zip cod) postponed 6/22 BR. (beneficiary request)”
So he slammed them. I would say he got about 3-4 per minute and then he would take a break and chug some water after about 10 minutes. He knew most of the bidders there by name and visa verse.
SD Realtor
ParticipantOkay CAR –
4/15/08 – 5/15/08 compared to 4/15/09 – 5/15/09 for detached homes only. 08 is on top and 09 is on the bottom.
Zip Code #Solds LP SP DOM
92009 27 928k 881k 71
92009 43 815k 773k 4992008 15 742k 716k 41
92008 15 531k 512k 6292054 25 447k 433k 56
92054 18 339k 320k 7792056 26 425k 413k 58
92056 44 330k 324k 5092024 33 946k 886k 88
92024 24 895k 858k 3892129 29 594k 570k 52
92129 22 587k 575k 4792131 29 768k 734k 54
92131 24 736k 696k 5192126 57 427k 414k 58
92126 38 353k 353k 6092127 29 1.08M 1.02M 74
92127 20 966k 888k 6292117 35 489k 467k 64
92117 32 422k 416k 4091913 42 446k 431k 65
91913 44 363k 372k 5892104 17 450k 435k 27
92104 18 523k 511k 7092071 30 402k 377k 71
92071 26 338k 336k 8692037 20 3.345M 3M 57
92037 11 3.59M 2.8M 10192130 36 1.15M 1.092M 41
92130 25 981k 928k 57Notes and observations. Because the time period was only 5 days ago, expect 2009 sales to grow due to agent tardiness.
92127 was further filtered with homes built after 1998 to get a focus on more 4S timeframes of being buit.
I was actually surprised at the results at first but then it hit me that sales volume does not have to be up given that we have a substantial reduction in inventory.
Have at it guys
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