[sdrealtor]

F*%K DALLAS!

[sdrealtor]

Based upon the supplemental tax bills I’ve seen for new construction, my guess would be that they are not reassessed until they are actually sold at a new and higher price.

[sdrealtor]

duplicate

[sdrealtor]

Also many listings are entered with expiration dates of 12/31 or 1/1 because its the easy thing to do. Alot of this will be relistings. There are also several high volume agent teams in the area that work the expired market relentlessly. They no doubt each had several expired listings from l;ast year that they put on after New Years. The real test isnt this week or next week, tis the last two weeks of January and beyond.

[sdrealtor]

3BR/2BA 1,013 sq ft on 8,300 sq ft lot. Was in need of lots of work as it was a rental for 10+ years. Went on the market on 12/19 with comments that no sign would be put up until January 1st. It went pending on january 2nd. Asking price was a range from 520K to 560K. Comments said seller was highly motivated. Last sale was 1/5/89 from an entity called San Marcos Development Co to Sanford Development Corp. Sanford Development Corp is also listed as the owner on 14 other properties in Lakeside, Vista, Poway, San Marcos and San Diego. No debt on the property was recorded nor was it on most of the other properties owned by this corporation.

It’s vacant if you want to walk the property. Any other questions?

[sdrealtor]

Stan
Understand that there are two people with similar user names. Myself (SDRealtor the original) and SD Realtor (who showed up later to this party). Your response to The Breeze pretty much sums up how I earn a living. I have negotiated hundreds if not thousands of transactions in RE and several other industries. Also I have never posted my contact information or shilled for buisness on this site. The only reason I answered your question about negotiating ability is for credibility purposes. I am here solely to learn from others and to help others by sharing what I have learned working in this industry. When I entered this industry I promised myself that I would leave the day I couldn’t put my clients interests above all else most importantly my own. To this day I have upheld that pledge to myself. My personal financial sitiaution is such that paying my mortgage and feeding my family does not depend upon selling houses. I do it because I genuinely enjoy it.

I dont know anything about SD Realtor including why he chose a name so similar to my own but I just wanted to make sure you knew there was a difference.

And yes Stan, I would love to negotiate with you too…
The orignal SDR

[sdrealtor]

Or check the short sale monitor on this site for an accurate count. i update the count every Monday. At least i try to.

[sdrealtor]

Not that it matters as this thread has completely lost its focus but a quick scan shows that our host DID NOT miss the bubble and profited handsomely from it selling a property at the absolute peak which is now underwater by at least 15% w/o even considering selling costs.

Kudos to your Rich for successfully timing the market.

SDR

I couldn’t resist piling on this one PS quote.

“As celebrities are well aware, negative publicity is better than none.”

To compare yourself to a celebrity opens up a huge window into your mind. My guess: a classic underachiever in a family of overachievers starved for attention and deluding herself she’s getting it on a semi-anonomous (sp?) Internet Forum.

[sdrealtor]

I was thinking exactly the same thing.

[sdrealtor]

Great if you are looking for proximity to meth labs.

[sdrealtor]

Every listing I took in 2006 SOLD! All of them in a very reasonable time frame (an average much less than 90 days)for prices that wouldnt be possible today.That’s also w/o playing any of the games most other realtors (including those on this site play relisting properties every 90 days or so) I’m generally 6 months ahead of the pack so you are preaching to the choir.

[sdrealtor]

Dont read too much into what happens the first few days of the year. Lots of agents enter expiration dates for listings of 12/31 or 1/1 so a ton of listings fall off the market at teh end of each year. This year about 1000 fell off when we were declining by 500 each of the weeks before. Now that everyone is geting back to work, you will see alot of agents put the listings back on that fell off when they were busy over the holidays.

Right now we are under 15,000 listings. If we hit 20,000 by the end of January I would say that was a very ominous sign. Check the short sale monitor each week as I will provide updates.

[sdrealtor]

Stan
I like to think that I am a very very good negotiater. To learn all my tactics you need to hire me but I am a big believer in what you said about doing all your homework prior to making an offer and learning as much as you can about the sellers motivation. Knowledge is power and understanding how to use it is creates real negotiating power. I spend several hours researching the sellers and tend to choreograph the negotiations in advance. I explain to my clients exactly what I am trying to do, how the seller is likely to respond and how we will handle their response. Understanding the residential purchase contract and how to exploit it regarding timing is also key. I negotiated $20,000 credits for my buyers on the day of contingency removal from sellers that were sweating out losing the deal at the 11th hour in 2 occassions during 2005. It didn’t take strong arm tactics, just an understanding of seller psychology and their personal circumstances.

Here’s the proof I use to defend my ability. While I represented nearly all sellers in 2006, I have several clients that listened to my advice while purchasing in 2005. Most people who purchased in 2005 are well underwater today. The prices my clients paid still hold up extremely well with the current comps while the properties we walked from or those I directed them away from have not.

[sdrealtor]

Update time

996 down from 1044 last week. Total SD County listings for attached and detached properties are 14,621 down from 15,775. Nothing to get excited about as many listings are entired with an expiration date of 12/31 or 1/1 and the agents probably dont even realize they are off the market so the big fall off really doesn’t mean much. Once everyone wakes up from their slumber many of these will go right back on. The real starting number for 2007 is probably just over 15,000 (closer to last weeks number).

The numbers should be nothing but up from here for the next several months.

[sdrealtor]

SD R,
You pretty much covered it all. An offer written like Stan said would most likely be viewed as an offer that has less than a 10% chance of going together and staying together. All his nonsense about the offers being unilaterally acceptable is completely unecessary as well. the buyer can cancel anytime during the contingency period w/o a reason whether they are in escrow on one property of 10 properties. My advice is to find the the property you are most interested in and to negotiate firmly to what you are willing to do. If you cant get there, you walk to your next best alternative.

SDR

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