South San Francisco, CA

Many sellers are determined to set their listing price higher than they are willing to accept so they have room to negotiate. With the New Millennium buyers they unfortunately will not get any offers. Today's buyers are more educated than any others. The internet gives the buyers the opportunity to research all public records. They know the price of all the homes in the area that sold recently and are on the market. They know the trends, the cost per square foot; they know what the seller paid for the home and how much they owe and sometimes the improvements the owner has completed. If a home is over-priced the "New" buyer is almost offended that someone would expect them to purchase it at the "Over Valued List Price" so they don't even make an offer. Many don't even waste their time to view the home. That is the old school pricing method. My parents would have done that. Back then information was not so accessible. With today's buyer's research and knowledge they are willing to pay over the list price because they realize they are not paying over the market price. They are just paying over the list price. The old school seller does not understand this new Price it Right philosophy. It is the responsibility and ethical obligation of the professional honest agent to advise the old school seller that their price is too high and to educate them to the New Pricing Philosophy. If not, the seller will not get maximum value. Although the Old School Seller will reluctantly reduce the price after a few weeks it is too late. That property is now stale. It quickly gets a reputation that something must be wrong with it mentality by the buyers and some agents. This property may not deserve the reputation but it sticks. When an offer does come in it will be less than the reduced price and less than the market value. If it was priced right at the beginning most likely they would have received several offers within a week.

Buyers are out there. Homes in San Bruno and South San Francisco priced right are having 75-100 potential buyers view their home during the Sunday Open Houses. Homes not priced right get less than half that. I personally know of eight homes in San Bruno and South San Francisco that went on the market priced right and within the first week received multiple offers and sold at above the Listed Price. Not by much but they sold while others not priced right are still on the market. Sellers must understand that for every week their home does not sell it is costing them .25% or more.

www.leesellsmore.com

Market conditions play a huge part in any decision about when to buy a home. And if you have been thinking of buying a home, this is the time. Prices are low and mortgage rates are low.

When do you know you're ready to buy a home?

. You have a steady source of income. You've been employed on a regular basis for the last 2-3 years and your current income is reliable.

. You have a good record of paying your bills.

. You have money saved for down payment.

. You have ability to pay a mortgage every month, plus additional costs (taxes, insurance, etc.)

What to do first?

Here are some of the few things to do before you start looking for a house.

. Talk to a mortgage broker to get loan pre-approved.

. Talk to a real estate agent - a good agent can recommend reputable brokers and help you make sense of the terms of the loan.

. Review your credit report and scores with mortgage broker to determine if any repairs are needed.

. Select a community that will allow you to best live your daily life.

Owning a home has many benefits. When you make a mortgage payment, you are building equity. And that's an investment. Owning a home also qualifies you for tax breaks that assist you in dealing with your new financial responsibilities- like insurance, real estate taxes, and upkeep- which can be substantial.

If you need more information, please call Oscar Bautista at 415-370-7703 or Lina at 415-420-5352.

Checkout our New Home Offers

Go to :

http://www.southsanfranciscolistingagent.com

All the best,

Dan Johns Group

Thought it would be a good idea to hear a bit about and from our 2009 Presient.

Enjoy!

Dan Johns Group Seeks Exclusive Buyer Agent to Work all of his Buyer Leads.

I would like t personally advertise the position for Exclusive Buyers agent for the Dan Johns Group. I am seeking 1 Realtor, or a Team to take charge and work all buyer leads that come into my group.

Whats Required:

1. Must be affiliated with Rev Realtors

2. Must have at least 5 Years experience in working with Buyers

3. Must live and actively work the followoing areas

South San Francisco, San Bruno, Millbrae, Burlingame, Pacifica, Daly City and willing to venture into San Francisco.

4. Must have no disciplinary record with the DRE

5. Clean and Professional Appearance

6. Willing to work Mobile -Strong Knowledge and Comfort online. Business handled by email and fax.

Contact

Dan Johns

650-291-4085

http://www.revrealtors.com/djg/djg.php