[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]

It’s funny because I went to his site and read those approval letters. Many of them had the name of the seller crossed off in one place but not in others. It was just plain sloppy work and if I was one of those clietns I’d probably sue him for disclosing the details of my confidential business dealings. I also have some experience with approval letters from some of the banks he posted and have similar letters reviewed by a few attorneys. Those letters provide veru little if any protection from deficiency judgements down the road. I hope he plans on moving to Costa Rica because as investors wake up and start going after selelrs who had improperly negotiated short sales he’s open to a huge liability. Oh well, his problem…not mine.

[sdrealtor]

It’s funny because I went to his site and read those approval letters. Many of them had the name of the seller crossed off in one place but not in others. It was just plain sloppy work and if I was one of those clietns I’d probably sue him for disclosing the details of my confidential business dealings. I also have some experience with approval letters from some of the banks he posted and have similar letters reviewed by a few attorneys. Those letters provide veru little if any protection from deficiency judgements down the road. I hope he plans on moving to Costa Rica because as investors wake up and start going after selelrs who had improperly negotiated short sales he’s open to a huge liability. Oh well, his problem…not mine.

[sdrealtor]

It’s funny because I went to his site and read those approval letters. Many of them had the name of the seller crossed off in one place but not in others. It was just plain sloppy work and if I was one of those clietns I’d probably sue him for disclosing the details of my confidential business dealings. I also have some experience with approval letters from some of the banks he posted and have similar letters reviewed by a few attorneys. Those letters provide veru little if any protection from deficiency judgements down the road. I hope he plans on moving to Costa Rica because as investors wake up and start going after selelrs who had improperly negotiated short sales he’s open to a huge liability. Oh well, his problem…not mine.

[sdrealtor]

It’s funny because I went to his site and read those approval letters. Many of them had the name of the seller crossed off in one place but not in others. It was just plain sloppy work and if I was one of those clietns I’d probably sue him for disclosing the details of my confidential business dealings. I also have some experience with approval letters from some of the banks he posted and have similar letters reviewed by a few attorneys. Those letters provide veru little if any protection from deficiency judgements down the road. I hope he plans on moving to Costa Rica because as investors wake up and start going after selelrs who had improperly negotiated short sales he’s open to a huge liability. Oh well, his problem…not mine.

[sdrealtor]

It’s funny because I went to his site and read those approval letters. Many of them had the name of the seller crossed off in one place but not in others. It was just plain sloppy work and if I was one of those clietns I’d probably sue him for disclosing the details of my confidential business dealings. I also have some experience with approval letters from some of the banks he posted and have similar letters reviewed by a few attorneys. Those letters provide veru little if any protection from deficiency judgements down the road. I hope he plans on moving to Costa Rica because as investors wake up and start going after selelrs who had improperly negotiated short sales he’s open to a huge liability. Oh well, his problem…not mine.

[sdrealtor]

Looks like that 90% success rate is BS. This property has been listed for nearly 7 months and in default for nearly 6 months.

[sdrealtor]

Looks like that 90% success rate is BS. This property has been listed for nearly 7 months and in default for nearly 6 months.

[sdrealtor]

Looks like that 90% success rate is BS. This property has been listed for nearly 7 months and in default for nearly 6 months.

[sdrealtor]

Looks like that 90% success rate is BS. This property has been listed for nearly 7 months and in default for nearly 6 months.

[sdrealtor]

Looks like that 90% success rate is BS. This property has been listed for nearly 7 months and in default for nearly 6 months.

[sdrealtor]

You will need to offer at least 2.5% to the buyers agent if you expect to get the property shown regularly. Expect to pay 1% to a listing agent for minimal to no services beyond the 3 P’s (put it in the MLS, put a sign in the ground and pray). For 1.5 to 2% you should get a decent level of service. For the major brokerages expect to pay 2.5%.

I would stay away from the flat fee guys. This is a really tough market as you know. Decent agents took 4% last time because it was easy and they knew they would get paid quikly. This time around it will be harder, you will need a better agent and I’d focus more on getting the right help than the cheapest help. 1% is $15,000. Your house is probably losing that much value every 1 to 2 weeks. The right agent who gets your house sold quickly at a fair market price is worth paying for.

[sdrealtor]

You will need to offer at least 2.5% to the buyers agent if you expect to get the property shown regularly. Expect to pay 1% to a listing agent for minimal to no services beyond the 3 P’s (put it in the MLS, put a sign in the ground and pray). For 1.5 to 2% you should get a decent level of service. For the major brokerages expect to pay 2.5%.

I would stay away from the flat fee guys. This is a really tough market as you know. Decent agents took 4% last time because it was easy and they knew they would get paid quikly. This time around it will be harder, you will need a better agent and I’d focus more on getting the right help than the cheapest help. 1% is $15,000. Your house is probably losing that much value every 1 to 2 weeks. The right agent who gets your house sold quickly at a fair market price is worth paying for.

[sdrealtor]

You will need to offer at least 2.5% to the buyers agent if you expect to get the property shown regularly. Expect to pay 1% to a listing agent for minimal to no services beyond the 3 P’s (put it in the MLS, put a sign in the ground and pray). For 1.5 to 2% you should get a decent level of service. For the major brokerages expect to pay 2.5%.

I would stay away from the flat fee guys. This is a really tough market as you know. Decent agents took 4% last time because it was easy and they knew they would get paid quikly. This time around it will be harder, you will need a better agent and I’d focus more on getting the right help than the cheapest help. 1% is $15,000. Your house is probably losing that much value every 1 to 2 weeks. The right agent who gets your house sold quickly at a fair market price is worth paying for.

[sdrealtor]

You will need to offer at least 2.5% to the buyers agent if you expect to get the property shown regularly. Expect to pay 1% to a listing agent for minimal to no services beyond the 3 P’s (put it in the MLS, put a sign in the ground and pray). For 1.5 to 2% you should get a decent level of service. For the major brokerages expect to pay 2.5%.

I would stay away from the flat fee guys. This is a really tough market as you know. Decent agents took 4% last time because it was easy and they knew they would get paid quikly. This time around it will be harder, you will need a better agent and I’d focus more on getting the right help than the cheapest help. 1% is $15,000. Your house is probably losing that much value every 1 to 2 weeks. The right agent who gets your house sold quickly at a fair market price is worth paying for.

[Author]

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