The rain has arrived! The wind is blowing!
The tides are extremely low and high!
My sump-pump is pumping water out to the curb.
Life is good!
Most agents that I talk with are pretty happy with virtual meetings. It took a while to get used to them. And we’re constantly saying ‘your muted’ or ‘you need to mute yourself.’ That’s happened to me a lot!
I’ve been able to adjust (mostly) to the new normal. Real estate is very different and in my mind, I think it’s mostly better. No driving clients around to see properties (not so safe), no open houses (totally not safe), virtual tours are better than ever (the photos, the videos, the floor plans). It’s like going to the grocery store and buying stuff right off the shelf…you don’t open anything (not safe at all)… except you’re buying a property. Plus the rates are so low.
if you are thinking about making a real estate purchase, talk to a trusted lender and find out how much it will cost you to make that purchase, and have your real estate agent give you an approximate net sheet (drawn up by the title/escrow company) to see what the local fees, taxes, cost of purchasing will be. The last thing you want is to be shocked by the extra costs.
If you have questions, as a seller, I will coach you about what you should do to prep your property BEFORE it goes on the market. I’ll let you know what is happening in Alameda regarding pricing.
If you have questions, as a buyer, I will coach you regarding the language of real estate, and what is happening in Alameda regarding pricing.
If you look at the stats for this week, you’ll see that most of the sales are going way over the list price. In reality…the BUYER is the one that sets the price. The Seller, in this market, prices the property so there will be multiple offers.
New computer programs are showing up…some ok, some not, some are great.
AC (active contingent on selling another property)
PCH (price change)
PSB (pending sale, want backups)
DOM (days on market)
DOM high 1362 low 7 avg 133 median 65
DOM high 160 low 3 avg 28 median 11
DOM high 73 low 0 avg 12 median 6
Hopefully, the rain will continue with some sunshine in between the storms. Wear a mask and your foul-weather gear.
Talk to me if you have questions. If I don’t have the answers, I’ll let you know, and I’ll try to find out those answers.
Carry on! best, marilyn