[sdrealtor]

Contrary to what most think most agents work hard and get paid very infrequently closing only a 2 to 4 transactions a year. Given the choice of showing numerous homes particularly in this price range, the home with at least 2.5% will get far more showing. While offering 3% is extra incentive to buyers agent, offering 2% is starting with one foot in the grave. Getting paid 2% or less is like taking a very substantial pay cut. Like it or not, its not in your best interests as a homeseller to do so.

[sdrealtor]

Referrals from past clients are definitely a good idea. Besides the inattention to detail I find in flat fee guys, I know way to many ex-flat fee guys (and gals). UR and SD R are more proof. IMO, its a lousy business model and i have yet to meet someone that has been successfully doing it for more than a couple years.

[sdrealtor]

Referrals from past clients are definitely a good idea. Besides the inattention to detail I find in flat fee guys, I know way to many ex-flat fee guys (and gals). UR and SD R are more proof. IMO, its a lousy business model and i have yet to meet someone that has been successfully doing it for more than a couple years.

[sdrealtor]

Referrals from past clients are definitely a good idea. Besides the inattention to detail I find in flat fee guys, I know way to many ex-flat fee guys (and gals). UR and SD R are more proof. IMO, its a lousy business model and i have yet to meet someone that has been successfully doing it for more than a couple years.

[sdrealtor]

Referrals from past clients are definitely a good idea. Besides the inattention to detail I find in flat fee guys, I know way to many ex-flat fee guys (and gals). UR and SD R are more proof. IMO, its a lousy business model and i have yet to meet someone that has been successfully doing it for more than a couple years.

[sdrealtor]

Referrals from past clients are definitely a good idea. Besides the inattention to detail I find in flat fee guys, I know way to many ex-flat fee guys (and gals). UR and SD R are more proof. IMO, its a lousy business model and i have yet to meet someone that has been successfully doing it for more than a couple years.

[sdrealtor]

Accountability time!

Here’s the claim, his words not mine:

“As for sdrealtor, your #’s are inaccurate – we will sell over 100 homes this year and the marketing I do has nothing to do with a “sales process that was created by an agent up in Canada.”

As for short sales, they do take a while to close due to how overwhelmed the lenders are at the moment. For this reason, they often do not show closed or pending for months.

Take a look at the #’s at the end of 2008.”

It’s the end of 2008 and here are the numbers:

48 listings closed
19 buyers side sale (but 5 were for homes listed by him)

That’s 62 different homes sold. So he met 62% of the MINIMUM he claimed. More truthfully, he was likely saying he would close 100+ listings meaing he’s below 50% on his claim.

He also entered 334 listings into the MLS in calender 2008. Granted some did not have time to sell but having listed a couple hundred the year before I’m sure he entered the year with a full book of homes listed. That’s about 15% success. With about 200 active listings right now thats 30 closed sales next year and another 170 on the REO pile.

For the record, I have never worked a transaction with him but know a couple dozen agents that have. Not one claimed it was a good experience and they all said the sellers were essentially unrepresented through the transaction as they did most of the work for them.

[sdrealtor]

Accountability time!

Here’s the claim, his words not mine:

“As for sdrealtor, your #’s are inaccurate – we will sell over 100 homes this year and the marketing I do has nothing to do with a “sales process that was created by an agent up in Canada.”

As for short sales, they do take a while to close due to how overwhelmed the lenders are at the moment. For this reason, they often do not show closed or pending for months.

Take a look at the #’s at the end of 2008.”

It’s the end of 2008 and here are the numbers:

48 listings closed
19 buyers side sale (but 5 were for homes listed by him)

That’s 62 different homes sold. So he met 62% of the MINIMUM he claimed. More truthfully, he was likely saying he would close 100+ listings meaing he’s below 50% on his claim.

He also entered 334 listings into the MLS in calender 2008. Granted some did not have time to sell but having listed a couple hundred the year before I’m sure he entered the year with a full book of homes listed. That’s about 15% success. With about 200 active listings right now thats 30 closed sales next year and another 170 on the REO pile.

For the record, I have never worked a transaction with him but know a couple dozen agents that have. Not one claimed it was a good experience and they all said the sellers were essentially unrepresented through the transaction as they did most of the work for them.

[sdrealtor]

Accountability time!

Here’s the claim, his words not mine:

“As for sdrealtor, your #’s are inaccurate – we will sell over 100 homes this year and the marketing I do has nothing to do with a “sales process that was created by an agent up in Canada.”

As for short sales, they do take a while to close due to how overwhelmed the lenders are at the moment. For this reason, they often do not show closed or pending for months.

Take a look at the #’s at the end of 2008.”

It’s the end of 2008 and here are the numbers:

48 listings closed
19 buyers side sale (but 5 were for homes listed by him)

That’s 62 different homes sold. So he met 62% of the MINIMUM he claimed. More truthfully, he was likely saying he would close 100+ listings meaing he’s below 50% on his claim.

He also entered 334 listings into the MLS in calender 2008. Granted some did not have time to sell but having listed a couple hundred the year before I’m sure he entered the year with a full book of homes listed. That’s about 15% success. With about 200 active listings right now thats 30 closed sales next year and another 170 on the REO pile.

For the record, I have never worked a transaction with him but know a couple dozen agents that have. Not one claimed it was a good experience and they all said the sellers were essentially unrepresented through the transaction as they did most of the work for them.

[sdrealtor]

Accountability time!

Here’s the claim, his words not mine:

“As for sdrealtor, your #’s are inaccurate – we will sell over 100 homes this year and the marketing I do has nothing to do with a “sales process that was created by an agent up in Canada.”

As for short sales, they do take a while to close due to how overwhelmed the lenders are at the moment. For this reason, they often do not show closed or pending for months.

Take a look at the #’s at the end of 2008.”

It’s the end of 2008 and here are the numbers:

48 listings closed
19 buyers side sale (but 5 were for homes listed by him)

That’s 62 different homes sold. So he met 62% of the MINIMUM he claimed. More truthfully, he was likely saying he would close 100+ listings meaing he’s below 50% on his claim.

He also entered 334 listings into the MLS in calender 2008. Granted some did not have time to sell but having listed a couple hundred the year before I’m sure he entered the year with a full book of homes listed. That’s about 15% success. With about 200 active listings right now thats 30 closed sales next year and another 170 on the REO pile.

For the record, I have never worked a transaction with him but know a couple dozen agents that have. Not one claimed it was a good experience and they all said the sellers were essentially unrepresented through the transaction as they did most of the work for them.

[sdrealtor]

Accountability time!

Here’s the claim, his words not mine:

“As for sdrealtor, your #’s are inaccurate – we will sell over 100 homes this year and the marketing I do has nothing to do with a “sales process that was created by an agent up in Canada.”

As for short sales, they do take a while to close due to how overwhelmed the lenders are at the moment. For this reason, they often do not show closed or pending for months.

Take a look at the #’s at the end of 2008.”

It’s the end of 2008 and here are the numbers:

48 listings closed
19 buyers side sale (but 5 were for homes listed by him)

That’s 62 different homes sold. So he met 62% of the MINIMUM he claimed. More truthfully, he was likely saying he would close 100+ listings meaing he’s below 50% on his claim.

He also entered 334 listings into the MLS in calender 2008. Granted some did not have time to sell but having listed a couple hundred the year before I’m sure he entered the year with a full book of homes listed. That’s about 15% success. With about 200 active listings right now thats 30 closed sales next year and another 170 on the REO pile.

For the record, I have never worked a transaction with him but know a couple dozen agents that have. Not one claimed it was a good experience and they all said the sellers were essentially unrepresented through the transaction as they did most of the work for them.

[sdrealtor]

There is one closed sale in Encinitas Estates in the last 60 days. It was a 3Br/2BA 1300 sq ft home that sold for 500K in a week. If we go back 90 days we pick up 2 oter sales both REO’s. a 4BR/2.5 1836 sq ft for 550K and 4Br/2.5BA 2800 sq ft home for 655K both in very poor condition. At the peak the largest homes sold in the 700’s but 800’s would have been an exception.

The biggest drops are in Village Park proper where many low end sfr homes and townhomes were sold to hispanic buyers by hispanic agents/lopan brokers with 100% financing. Other than that, the area seems to be holding up surprisingly well so far.

[sdrealtor]

There is one closed sale in Encinitas Estates in the last 60 days. It was a 3Br/2BA 1300 sq ft home that sold for 500K in a week. If we go back 90 days we pick up 2 oter sales both REO’s. a 4BR/2.5 1836 sq ft for 550K and 4Br/2.5BA 2800 sq ft home for 655K both in very poor condition. At the peak the largest homes sold in the 700’s but 800’s would have been an exception.

The biggest drops are in Village Park proper where many low end sfr homes and townhomes were sold to hispanic buyers by hispanic agents/lopan brokers with 100% financing. Other than that, the area seems to be holding up surprisingly well so far.

[sdrealtor]

There is one closed sale in Encinitas Estates in the last 60 days. It was a 3Br/2BA 1300 sq ft home that sold for 500K in a week. If we go back 90 days we pick up 2 oter sales both REO’s. a 4BR/2.5 1836 sq ft for 550K and 4Br/2.5BA 2800 sq ft home for 655K both in very poor condition. At the peak the largest homes sold in the 700’s but 800’s would have been an exception.

The biggest drops are in Village Park proper where many low end sfr homes and townhomes were sold to hispanic buyers by hispanic agents/lopan brokers with 100% financing. Other than that, the area seems to be holding up surprisingly well so far.

[sdrealtor]

There is one closed sale in Encinitas Estates in the last 60 days. It was a 3Br/2BA 1300 sq ft home that sold for 500K in a week. If we go back 90 days we pick up 2 oter sales both REO’s. a 4BR/2.5 1836 sq ft for 550K and 4Br/2.5BA 2800 sq ft home for 655K both in very poor condition. At the peak the largest homes sold in the 700’s but 800’s would have been an exception.

The biggest drops are in Village Park proper where many low end sfr homes and townhomes were sold to hispanic buyers by hispanic agents/lopan brokers with 100% financing. Other than that, the area seems to be holding up surprisingly well so far.

[Author]

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