Posted by Brian Danney on Wednesday, December 6, 2017 at 3:35 PMBy Brian Danney / December 6, 2017Comment
In this competitive sellers’ market with little inventory available, home buyers are going head to head and muscling each other out by offering higher prices and attractive terms to the seller which ultimately may be to their own detriment. However, I recently encountered a situation giving my home buyer a distinct advantage.
One of our lenders had advised me about an advanced approval process that one of my buying clients proceeded with. The lender and I had the buyer go through the underwriting process with approval already in hand. The only outstanding item pertaining to the loan was the appraised value.
Posted by Casey Miller on Thursday, November 9, 2017 at 12:57 PMBy Casey Miller / November 9, 2017Comment
These Chula Vista homeowners were referred to our team through their cousin whose home we helped sell in September of this year. They needed the same experience their cousin received which involved a quick, successful sale plus assistance with purchasing a property in the area. Finding a new home was crucial because they wanted to put an offer on a home they loved before thinking of selling. Luckily, through the help of our sales team, they found a home sooner than expected and with that they moved forward with a number of suggested home improvements to prepare their home for the market. Just 6 days after the first day of showings, the home sold for 102.7% of the asking price!
Posted by Casey Miller on Thursday, November 2, 2017 at 2:01 PMBy Casey Miller / November 2, 2017Comment
Client Success Story
We had originally met these 4S Ranch homeowners at a San Diego Home Selling Workshop that is hosted monthly across the county. They were impressed with what they learned and so decided to implement the 5 Day Blitz™ program for the sale of their own home because they needed a proven process to get their home sold quickly and for top dollar as they were in the midst of retiring. On the flip side, they were searching for a ranch-style home in a community that did not require HOA fees. We were not only able to sell their home in 6 days...
Posted by Daniel Beer on Thursday, October 19, 2017 at 2:14 PMBy Daniel Beer / October 19, 2017Comment
By Daniel Beer
It has now been over a month since I returned from our experience in Houston to help with the relief efforts along with our Director of Sales, Derek Marshall. I have spent countless hours thinking about what I saw, the people who were affected, and the devastation that just can’t be accurately captured at scale on television.
I had seen the damage on the news and read about it online, but actually seeing it all in person with my very own eyes was incredibly overwhelming. It was hard to believe all of the damage that had happened to so many innocent families just a 3-hour flight away from our home.
We began our day in Austin at 6:00 A.M. and made our way to the local Convention Center where we jumped on a bus and had a 2.5-hour drive to a Houston suburb known as Katy that had...
Many buyers in this market are finding that the homes their agents are showing them are homes that everyone else is already looking at and competing for. As a buyer, you want the right home, you want it now, and you want to stop competing like crazy for it. Right? Here are three strategies that we use day in and day out to get around that competition and find the perfect homes for our buyers:
Today we’re going to talk a little about the subject of value range pricing. You may have encountered a situation where this kind of pricing was used—where, instead of simply giving a single number for the list price, the seller says the home is available from $750,000 to $850,000.
But what does this mean, why do sellers use it, and does it make sense in this market?
Posted by Casey Miller on Tuesday, August 22, 2017 at 1:58 PMBy Casey Miller / August 22, 2017Comment
So you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right and in such a competitive market, you want to make sure you make a good offer so you can guarantee your dream of making this house yours comes true!
Freddie Mac covered “4 Tips for Making an Offer” in their latest Executive Perspective. Here are the 4 Tips they covered along with some additional information for your consideration:
1. Understand How Much You Can Afford “While it's not nearly as fun as house hunting, fully understanding your finances...
Posted by Daniel Beer on Thursday, August 10, 2017 at 4:11 PMBy Daniel Beer / August 10, 2017Comment
After living in their Rancho Bernardo home for over a decade, these homeowners were more than ready to act on their plans to decrease their monthly payments and move to an apartment in North County.
Being first time home sellers, they were looking for an agent who not only knew the market extremely well, but also had a successful and proven track record of selling homes. They ended up attending one of our open houses, where they connected with a team member who then set up an interview with our Head of Listing Department. After meeting and learning more about our minute-to-minute listing agreement and flexible commissions, they decided to move forward with our team.
Posted by Daniel Beer on Thursday, August 3, 2017 at 8:49 AMBy Daniel Beer / August 3, 2017Comment
SIGN UP: 92127 Free Listing Contest
In our constant effort to give back to the 92127 community, we have decided to unveil the 92127 Free Listing Contest! In very simple terms, If you are selling your home this year and sign a listing agreement with our team before August 31st, we will sell your home with no listing side commission. Our team won’t earn a dime for professionally servicing, marketing, negotiating, and successfully closing your home.
Posted by Casey Miller on Tuesday, July 18, 2017 at 4:01 PMBy Casey Miller / July 18, 2017Comment
"When my company presented us with the opportunity to take a day off and spend it by giving back to our community, I was excited to plan what that day would be. I've lived in San Diego for 10 years, but I haven't actually looked into ways I could give back to a city that has made my life so rich and wonderful. I didn't know where to start, but my colleague mentioned the San Diego Rescue Mission in downtown San Diego and I reached out to them and was quickly able to schedule a time to help out.
After signing up to assist with the men's dinner, I did some research about the non-profit organization to understand what I was getting myself into. I learned that they help both men and women with housing for up to a year as well as have a nightly emergency shelter for mothers and children,...
We at the Beer Home Team have an awesome announcement that we’re proud to say has come to be because of our clients.
The Wall Street Journal and Real Trends, the governing ranking body of our industry, have both officially announced that we have been named among the top 250 real estate teams in the country for volume sold.
Of those 250, our team ranked number of 121. But to take an even broader perspective,...
Posted by Bree Castro on Tuesday, June 20, 2017 at 1:46 PMBy Bree Castro / June 20, 2017Comment
The San Diego County rental market has a vacancy rate of only 2.2%! Why the shortage of inventory? It is a combination of a lack of new home construction and an increase in both population and employment growth. That unfortunately doesn’t leave renters with much of any selection for housing. Due to the scarcity, rents have increased tremendously.
The average 1 bedroom in the county is now close to $1,800 per month. Owners can now be extremely selective in who they rent to. We are frequently seeing owners advertise “no pets” on almost every listing. Additionally, the credit score minimum has increased dramatically for most owners and management companies. Applicants used to get away with lower credit by paying a higher deposit but that is not the case any longer.
Some owners will even discriminate against families, requesting just a single individual, or that no more than two adults may live in the rental...
For a long time, I’ve been on a crusade against the status quo, or doing the same things everyone else does and acting average. That kind of mentality is something that’s pushed on us by our government, our education system, and the media. I’m uncomfortable with my life in the hands of amateurs. I’m a Realtor, and in my own industry the NAR lets anybody else be Realtors as long as they complete...
Posted by Casey Miller on Wednesday, May 24, 2017 at 10:49 AMBy Casey Miller / May 24, 2017Comment
In a nearly unanimous vote, the U.S. Federal Reserve increased the Federal Funds Rate by 25 basis points on Wednesday, March 15th, bumping it to between 0.75% and 1.00%. Federal Reserve Officials expect to hike rates by 25 basis points two more times in 2017.
While the rate increase indicates a strong economy, it will mean higher interest rates for mortgages and other consumer and business loans across the country. The Federal Reserve gave no indication that it plans to begin to reduce its large holdings of mortgage-backed securities (MBS) any time soon, and since Fed purchases of MBS have helped push mortgage rates lower, reduced demand for MBS from the Fed would be negative for mortgage rates.
About the Fed Funds Rate The Federal Funds Rate is the rate at which banks can borrow money from each other overnight to maintain their reserve...