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San Gabriel CA Real Estate - Closed SALES for January 2010
Below is a Market Statistics for HOMES SOLD in San Gabriel CA. There were a total of 26 closed sales, 14 of which were Standard Sales while the remaining were either Bank Owned REOs or Shortsales. Of the 26 homes sold, 18 were Single Family Homes, 3 Condos, and 5 Townhomes. Average Days on Market were shorter for Condos (43) vs Townhomes (57) and SFR (79).
Average prices SOLD for SFR, Condos, and Townhomes were 603k, 305k, and 480k respectively. Total sales volume for the month ending January 2010 was slight above $14 million.
Average SOLD/LIST price was as follows:
SFR: 98.4%
Condos: 96.2%
Townhomes: 99.8%

| Type: Single Family Residence (18) | ||||
| List Price | ADOM | Selling Price | SqFt | |
| Min | 399,500 | 3 | 399,500 | 724 |
| Max | 908,750 | 450 | 908,750 | 2,943 |
| Avg | 612,731 | 79 | 603,003 | 1,622 |
| Sum | 11,029,150 | 10,854,050 | ||
| Type: Condominium (3) | ||||
| List Price | ADOM | Selling Price | SqFt | |
| Min | 274,800 | 4 | 245,000 | 693 |
| Max | 398,000 | 77 | 395,000 | 1,323 |
| Avg | 316,933 | 43 | 304,933 | 962 |
| Sum | 950,800 | 914,800 | ||
| Type: Townhouse (5) | ||||
| List Price | ADOM | Selling Price | SqFt | |
| Min | 450,000 | 4 | 450,000 | 1,378 |
| Max | 569,900 | 212 | 569,000 | 2,113 |
| Avg | 481,780 | 57 | 480,600 | 1,578 |
| Sum | 2,408,900 | 2,403,000 | ||
| Type: All (26) | ||||
| List Price | ADOM | Selling Price | SqFt | |
| Min | 274,800 | 3 | 245,000 | 693 |
| Max | 908,750 | 450 | 908,750 | 2,943 |
| Avg | 553,417 | 71 | 545,071 | 1,538 |
| Sum | 14,388,850 | 14,171,850 |
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For FORECLOSURE Prevention & all your Real Estate Services,
Contact:
DAVID DEE
(626) 203-5676
"Client 1st. That's the David Dee Guarantee."
Specializing in: (SAN GABRIEL VALLEY) San Gabriel, Rosemead, Alhambra, Monterey Park, Arcadia, Temple City, El Monte, Hacienda Heights, Rowland Heights, Walnut, West Covina and
(N. ORANGE COUNTY) Anaheim, Buena Park, Westminster, Garden Grove, Fountain Valley and other surrounding areas.
Copyright © 2010 by DAVID DEE. All Rights Reserved. San Gabriel CA Real Estate - Closed SALES for January 2010
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Agent does not answer calls only email.
Is this how you operate your real estate business? Is it getting you anywhere? As I was searching for properties to send to my clients, I stumbled upon a listing which had the verbage shown above. It states that the agent will not respond by phone but only communicate via email. I know technology is great and that we cannot live like dinosaurs but not answering any phone calls is rather ludicrous. I called the phone number anyways and got a voicemail which states that to leave a message as it is an answering service. Wow! Is that high tech or what?! How can you NOT afford to answer the phone? With the fast paced society we are in, it makes sense to pick up the phone. Many consumers nowadays will move on to the next person if they don't get a live person on the line.
I know from experience. What would you do if you had to call for a quote for a carpet cleaning or some other services? If the answering machine came on, do you leave a message? My answer is a RESOUNDING NO!! I don't have the time to waste and wait for a call back. There is just too many contacts to go through. I would call the next person and keep calling until I find a live person to speak with. That, my friend, will most likely be the one getting my business.
We have a phone for a reason. With all the hoopla about the internet and computers, the human factor plays a big role in business. We cannot depend solely on emails to operate in this line of business. We need to be accessible and by that I mean the phone as well as emails. RING! RING! :D
*********************************************************************************************
For FORECLOSURE Prevention & all your Real Estate Services,
Contact:
DAVID DEE
(626) 203-5676
"Client 1st. That's the David Dee Guarantee."
Specializing in: (SAN GABRIEL VALLEY) San Gabriel, Rosemead, Alhambra, Monterey Park, Arcadia, Temple City, El Monte, Hacienda Heights, Rowland Heights, Walnut, West Covina and
(N. ORANGE COUNTY) Anaheim, Buena Park, Westminster, Garden Grove, Fountain Valley and other surrounding areas.
Copyright © 2010 by DAVID DEE. All Rights Reserved. Agent does not answer calls only email.
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Are you the TOYOTA of the Real Estate Industry?
Toyota recently recalls over 2.3 million of its vehicles which had a gas pedal issue. As you can see, the news was widely publicized which hurt the image of TOYOTA. They are known to have reliable cars which require very low maintenance. This is the reason why they have many returning consumers due to their exemplary experience of owning a Toyota. I know for a fact that their cars are reliable because many of my family and friends owned one.
The great thing about Toyota is that they took actions to rectify this problem once they realized the problematic situations they were faced with. They did what they can to arrive at a solution to make the necessary repairs. Toyota cited problems with "certain accelerator pedal mechanisms" and said it is "working quickly to prepare the correction remedy." We don't know how long it'll take but the key is that Toyota is making effort to resolve it. They don't want to taint their image.
As in the real estate industry, sometimes events unexpectedly take place whether you're working with buyers or sellers. Have you been in a situation where you thought everything was "perfect" but it ended otherwise? When things do go wrong, we need to look at the problem and find a solution to quickly take care of it. It is this kind of service during these times when clients remember us for going above and beyond our call to duty. I've seen agents who complain constantly when things go wrong. The key is to "slap" yourself and move on. It is the only way to find sanity for yourself.
Mistakes may and will occur. It may or may not be within our control It is bound to happen in our profession as so many variables are involved from opening to closing of escrows. Even after closings, things occasionally happen which are beyond our control.
Don't dwell on the problems. Try to find a solution. Be Resourceful. Be Reliable. Be Dependable. It may help prevent any further brake issues.
*********************************************************************************************
For FORECLOSURE Prevention & all your Real Estate Services,
Contact:
DAVID DEE
(626) 203-5676
"Client 1st. That's the David Dee Guarantee."
Specializing in: (SAN GABRIEL VALLEY) San Gabriel, Rosemead, Alhambra, Monterey Park, Arcadia, Temple City, El Monte, Hacienda Heights, Rowland Heights, Walnut, West Covina and
(N. ORANGE COUNTY) Anaheim, Buena Park, Westminster, Garden Grove, Fountain Valley and other surrounding areas.
Copyright © 2010 by DAVID DEE. All Rights Reserved. Are you the TOYOTA of the Real Estate Industry?
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"Sending a client to a Lender (who's also a realtor) for a Loan Approval"
When clients buy a home, they go to a Realtor.
When clients need a loan, they go to a Lender.
What happens when the lender you refer to is also a Realtor? Well, that was a situation I recently encountered. I had a client who was looking to buy a home but does not have an approval letter. They asked for a referral and an agent within my office mentioned that he used this one particular lender who is really efficient. I spoke with the lender and interviewed him before sending my client over. So, I sent the client there and we got an approval letter to start the house hunting.
All is fine until I later discover that he also is a Realtor. My suspicion aroused when I realized that it was very difficult to get a hold of him. He later mentioned that he is normally out on the field showing properties so hence the delay in response. I was flabberglasted to say the least as I was wondering why is he showing properties when he should be working on the loans. He stated that his broker allows him to do both Loans and Real Estate.
I don't know how everyone feels but I find that to be "double dipping". I would not mind him doing the loan and real estate as long as the loan gets done. Knowing how real estate is a contact profession, I don't see how a lender can juggle doing both simultaneously. Based from my experience, the communication was great initially until he started getting "busy" showing properties. There were items and conditions needed for the loan and I could not get a hold of this lender to finalize the details.
A Jack of All Trades but a Master of None. Personally, I feel that if someone is a Lender that should be the only thing they do. If they are a Realtor, they should stick to selling homes. When the two lines of the industry gets crossed, there is a conflict of interest. The best thing to do in this situation is to find a Lender who strictly perform the duties of Lending.
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