Real Estate Articles, Finance, Buy Sell Homes, Land, Commercial Property, Escrow, More..

Search:

Home | Monetary Information | Selling Real Estate

How to Sell California Condos and Townhomes Fast at the Price You Expect. - By: Real Estate Doctor, Posted on: 2007-02-03

Option 1: Waiting for the Rest of Eternity on Your Family and Friends

You have several options to choose from. First, you could try going to friends and family. If it’s worth $600,000 in the market let’s say they might offer you $525,000, and they might say something like give me a day or two to refinance or get the money. Many times friends and family members don’t want to turn you down, in fact they want to show their friendship by being there for you so they really try hard to help you. They think by inquiring they are helping even though they may not know anyone who is able to perform. They certainly will not turn you down without at least looking into it and asking around, calling around and thinking about it, hence more time goes by. In the meantime you pay mortgage payments and wait another 2 months. A potential person steps up through friends, but then the deal falls out at the last minute and as time goes by everyone is trying to figure out how to help you, it’s a sensational drama, but a terrible way to sell condos in California and sell townhomes in California.

Option 2: Experience Another Cancelled Escrow with an Investor

The second route is selling to an investor. California real estate investors come along with big pockets (aka assets they have lined up in their bank accounts) and one promises to buy your condo for $525,000 and even offers to pay closing costs, it’s all to be payable in 60 days and they also ask you to carry back a note of $150,000 for a year while they use their own money to fix up your property and resell or rent it out for a profit. Either way you’re tied to the property for at least another year and there’s no guarantee that this person will perform, and once they back out, which they do all the time since they’re doing this with two other condo owners this year you’re stuck back at square one still making the mortgage payments, nice.

Option 3: Sign with the Local Real Estate Agent Superstar to let an Unlicensed Secretary Handle Your Most Precious Investment

If you sign with the local California real estate agent superstar they will very likely have a "team" working with them to help them. What this actually means in practice is that once you sign a listing with this agent, that person will then hand your condo or townhouse off to their unlicensed secretary and newby buyer agent who has not the slightest bit of experience or they would be working for themselves. You are conned into thinking that the agent has multiple people working for you. Instead, the local real estate agent superstar is freed up to spend their time thinking about how to get your next door neighbor to list their condo with them because that makes the local agent super star the most money, enough to send you those flashy mailers you get in the mail. I have watched this very thing happen time and time again when I worked at Century 21 and Remax. This local real estate agent superstar team is also referred to as the local realtor guy/gal, or the one sending you all those flyers and mailers. This person picks about 250-2,000 homes as their career farm area as it’s called in real estate and bombards those homeowners to try and make them think they are the most well known person in the world of California real estate when in reality hardly anyone knows them whose buying in that area, only those people living there already know who they are. He or she is always very anxious to list the property, give you a good deal on the commission and go to work right away. They network the property within their local sphere telling their co-workers and family first, "Hey I got a listing!" They take pictures and put the property on the Southern California MLS. Then they buy 10,000 postcards and repeatedly send them to your neighbors hoping to get a call like yours because they are more interested in wanting to list more property than selling yours. Since no one local is going to buy your condominium or townhome because they already have one, why are they prospecting this way? They’re prospecting only for more listings to compete with yours. They put an ad in the local newspaper and put out more and more mailers and flyers. Then on the weekends they do open houses at your place to attract local California condo and townhome buyers and you guessed, more listings. They seem less interested in selling your property as time wears on because it appears that your property is being marketed and that is good enough to keep you happy they think. Your property is listed in realtor.com along with a million other listings and hardly any pictures. Meanwhile after they finish these tasks, the local real estate agent actually spends the majority of their day looking for more listings to sell, because once they do a little bit of marketing on your condo or townhome they quit and work on something else. You suffer as the property sits waiting to be sold. They take the sparse calls on the property making you think there is activity, and they go around the neighborhood to make sure you can see them working, but for the local real estate agent superstar marketing means marketing in the local neighborhood, because you see the ads and they think you are happy, it must not be their fault, but it is. They renew your local ad and tell you over the phone, send out repeated mailers to your next door neighbors (to grab more competing listings) but they loose interest in really selling your condo or townhome hard because they don’t have to, they have it contractually listed with you and they know it’s not going anywhere except through them so they can wait. 6 months and 2 price reductions later it sells, you’ve got gray hair now and you received only $560,000 for it after 2 price reductions. There was a good deal on the commission, but now you have to spend an extra $5,000 on hair replacement products and $10,000 on plastic surgery to remove those extra forehead wrinkles.

Option 4: List with Me to Sell Your Condo or Townhouse in Less than 4 Months at the Price You Expected

Option four is when you chose me, the Christian Southern California Real Estate Agent. I am gung-ho. Plus I’m also a Christian with a seminary degree coming in 2006, so I know how to ask God for help in real estate. I assess your condos and townhomes to sell them for the highest price in the fastest time. I don’t stop or slow down until it’s sold. I sold all of my listings in the past three years in 4 months and I have never had a property expire. I put massive amounts of cool pictures on the Southern California MLS right away and then do everything the local real estate agent superstar does not. I know how to market your California property to the world, so while the average agent is calling your neighbor to entice them to list to compete with you I’m working on selling your CA property. I don’t sit by the phone. I connect to California investors, agents, and real estate networks where the California condo buyers and href=http://www.southerncaliforniarealestateagent.com/southern-california-condos/southern-california-condos-townhomes.shtml>California townhome buyers are located. I get buyers and sell your California condo or townhome fast for $580,000 to $600,000 in 4 months and you’re smile is so huge you get asked in a grocery store to model for a Colgate commercial. I sold one property in less than 24 hours above list price this way and another in 6 days. How many listing agents do you know who sell all the time in less than 4 months? How many have never had an expired listing? Please contact me today to sell your CA condo or townhome.

Article Source: http://www.southerncaliforniarealestateagent.com/submit-real-estate-articles

Buy home Menifee California

Please Rate this Article

Not yet Rated

Click the XML Icon Above to Receive Selling Real Estate Articles Via RSS!

Article Search By:

Additional Articles From - Home | Monetary Information | Selling Real Estate

	Print This Article
	Post Comment
	Add To Favorites
	Email to Friends
	Ezine Ready

Submit Articles
Member Login
View Articles
Top Authors
Most Popular Articles
Submission Guidelines
Ezine Notifications
Article RSS Feeds

New Stuff
About Us
California Real Estate
California Homes
Link to Us
Contact Us
Privacy Policy
Terms of Service

Credit Repair:

Home Loan Quote:

JR Middlebrook's Real Estate Data Bank » Copyright © 2006
Terms of Service | Submission Guidelines | Contact Us | Link to Us| Privacy Policy | About Us