Are you hiring that agent because he/she is a "top producer?"

If you are........please read this first and think twice!

Does your agent play the "numbers game?"

Hiring a so-called "Top Producer" won't get your home sold faster. "Top Producers" are in the "numbers game!" You know they......list hundreds of properties in hopes that half will sell!

So you should be asking: "what is his/her "closing ratio?"

When you hire me........ you don't get hype, sound bites, or lines--you get the truth. And if the truth is not what you want to hear--I will say it anyway! And if you don't like what you are hearing, then I will kindly suggest you find another agent. I have always considered myself a Real Estate advisor and counselor and not just a sales agent. When a client hires me, he/she hires me to explore all the options available to them and guide them through the process of buying a home or selling their property.

I don't play the "numbers game"..........you know, take hundreds of listings and hope that half will sell.

When I list a property-I intended to do what you hired me to do.....that is to SELL IT! When you hire me as your Buyer-Broker--I intend to do what you hired me to do--find you your next home!

Many real estate agents will try to open as many escrows as possible and if 50% close---well, that's good enough for them---but a 50% closing ratio is not good enough for me! What about the other 50%--they deserve service. I am proud to say that I have a 99% closing ratio. I would have a 100% Closing Ratio but sometimes there are circumstance that no one can control: like, the buyers getting fired from their jobs, unstable lending guidelines, and even natural disasters can cause a transaction not to close. While there are many circumstance no one can control--they can be mitigated and sometimes, with a savvy real estate agent, can even be saved.

My motto is: "I never open an escrow I can't Close!" If you open an escrow with me--you bet it's going to close! Many real estate professionals are very good at getting people to sign a contracts, which is only half the job, but very few have closing skills to take the transaction to final step....To Closing.

And ultimately, that is why you hired me--to close the transaction."

How? By lowering your property tax bill! How? By get your property re-evaluate by Tax Assessor! You might be able to reduce your property taxes as much as 50% or even more! Did you know that you can do that? In California we pay property taxes based on the purchase price, so if you purchased at the height of the market you can get your property re-assessed/re-evaluate.

If you purchased a home in California and your area is experiencing a decline in value, you can request for the Los Angeles County Assessors to re-evaluate your property to a lower assessed value. Thanks to Proposition 8 which amended Proposition 13.

............ "Proposition 8, passed in November 1978, amended Proposition 13 to reflect declines in value. As a result,..........requires the Assessor to annually enroll either a property's factored Proposition 13 base year value or its Market Value as of January 1 (lien date), taking into account any factors causing a decline in value, whichever is less....... reductions are temporary....... "When and if the market value of the previously reduced assessment (Proposition 8) increases above its Proposition 13 factored base year value, the Assessor will once again enroll its Proposition 13 factored base year value. Proposition 8 values can change from year to year as the market fluctuates up and down........"

For instance if you purchased a home for $600,000 your tax bases is 600,000 X .0125 which would make your yearly tax base amount $7,500.

If you get your property re-evaluate to, let say $300,000 X .0125 your property taxes would be cut in half to: $3,750.

Go to the Los Angeles County Assessor's website. There you will find all the forms and instructions necessary to have your property reassessed/re-evaluated.

You must file the form: "Decline-in-Value Reassessment Application (Prop. 8)" and provide comparable sales-there's a link where you can get comparable sales.

Tax Assessor's website: www.assessor.lacounty.gov.assessor.lacounty.gov.assessor.lacounty.gov

Please feel free to visit by my website

Currently there are 1,615 Active listings in Long Beach, CA.

The SoCalMLS has 14 different categories called "special conditions" which are Auction, Bankruptcy, HUD/Govt. Owned, In Foreclosure Process**, Notice of Default**, Probate, Red-Tagged**, Relocation Corporate Owned, Short-Sale/Subject to Lender Approval, Subj to REO Company Approval, Subject to Court Approval and NONE (which are regular sales).

This report focuses on the REO and short Sale listings, if you would like the statistics for the other "special conditions," please let me know.

Out of the 1,615 Active listings 957 listings were with no special condition, which means that 59% of the active listings are under the "regular sale" category. Leaving 658 Active Listings under the "Special Condition" category. Meaning that 40.5% of Active listings fall under a "Special Condition."

Here is the breakdown of all Active Listings under each "Special Condition:

Short Sales Active Listings: Total Number: 404

25% of all Active listings in Long Beach, CA were under a Short-Sale "special condition" category.

REO/Lender Owned Active Listings: Total Number: 218

13.5% of all active listings in Long Beach, CA were REO/Lender Owned.

If you have a portfolio of properties in a different city/area, and would like the statistics, I would gladly provide the information to you. Please feel free to call me at 323-357-9300 or cell 562-884-6196. I hope this information has help you in analyzing the state of the Real Estate Market in Long Beach.

The NOD and In Foreclosure categories were not included in this report because what is listed on the MLS is not reflective of the actual foreclosure activity in Long Beach, CA. The actual numbers of foreclosures and NOD's far exceed what is listed in the MLS-because there are a number of foreclosures that do not get listed on the MLS for various reasons. If you would like the actually numbers of foreclosures, I can research the tax records, and would be more than happy to provide this information, upon your request.

Although this report was prepared with the utmost care and data obtained from the So cal MLS system is deed reliable it is not guaranteed. This report is for general information and for more specific data or report for your area, please feel free to contact me. To search the MLS, please feel free to go to my website: ReoLicensedSpecialist.com.

Currently there are 18,549 Active listings in Los Angeles County.

The SoCalMLS has 14 different categories called "special conditions" which are Auction, Bankruptcy, HUD/Govt. Owned, In Foreclosure Process**, Notice of Default**, Probate, Red-Tagged**, Relocation Corporate Owned, Short-Sale/Subject to Lender Approval, Subj to REO Company Approval, Subject to Court Approval and NONE-which are regular sales.

This report focuses on the REO and short Sale listings for Los Angeles County, if you would like the statistics for the other "special conditions," please let me know.

Out of the 18,549 Active listings in Los Angeles County there were 8,928 listings with no special condition, which means that 48% of the active listings are under the "regular sale" category. Leaving 9,621 Active listings under the "Special Condition" category. Which means that 52% of Active listings fall under a "Special Condition."

Here is the breakdown of all Active Listings under each "Special Condition:

Short Sales Active Listings: Total Number: 2,462

13% of all Active Listings in Los Angeles County were under a Short-Sale "special condition."

REO/Lender Owned Active Listings: Total Number: 6,717

36% of all Active Listings in the Los Angeles county were Lender Owned.

If you have a portfolio of properties in a certain County, and would like the statistics for that county, I would gladly provide the information to you. Please feel free to call me at 323-357-9300 or cell 562-884-6196.

Categories with an asterisk (*) were not included in this report because what is listed on the MLS is not reflective of the actual foreclosure activity in the Los Angeles County. The actual numbers of foreclosures and NOD's far exceed what is listed in the MLS-because there are many foreclosures that do not get listed on the MLS for various reasons. If you would like the actually numbers of foreclosures, I can research the tax records, and would be more than happy to provide this information, upon your request.

Although this report was prepared with the utmost care and data obtained from the So cal MLS system is deed reliable it is not guaranteed. This report is for general information and for more specific data or report for your area, please feel free to contact me. To search the MLS, please feel free to go to my website: ReoLicensedSpecialist.com

Currently there are 39, 967 Active listings in the SoCalMLS*.

The SoCal MLS has 14 different "special conditions" which are: Auction, Bankruptcy, HUD/Govt. Owned, In Foreclosure Process*, Notice of Default*, Probate, Red-Tagged**, Relocation Corporate Owned, Short-Sale/Subject to Lender Approval, Subj to REO Company Approval, Subject to Court Approval and of course No special Condidition--which are regular sales.

Out of the 39,967 Active listings there were 20,046 listings with no special condition (regular sales)

Leaving 19, 921 Active listings under Special Condition. Here is the breakdown of all Active Listings under each "Special Condition:

Auction: Total number of properties found: 30

Active - 30 Properties Found (Auction)
	Bedrooms	Baths	Square Feet	List Price	LP/SqFt	Sale Price	SP/SqFt	SP/LP	SP/OLP	DOM
Avg	2.6	1.75	1281	$252,041	$216.18	$0	$0.00	0.00%	0.00%	96

Bankruptcy: Total number of properties found: 25

Active - 25 Properties Found
	Bedrooms	Baths	Square Feet	List Price	LP/SqFt	Sale Price	SP/SqFt	SP/LP	SP/OLP	DOM
Avg	3.8	3.25	2606	$819,377	$282.70	$0	$0.00	0.00%	0.00%	94

HUD/Government Owned Total number of properties found: 7

Active - 7 Properties Found
	Bedrooms	Baths	Square Feet	List Price	LP/SqFt	Sale Price	SP/SqFt	SP/LP	SP/OLP	DOM
Avg	2.9	2.00	1514	$505,528	$317.15	$0	$0.00	0.00%	0.00%	118

Short Sales: Total number of properties found: 14,661*

REO/Lender Owned: Total number of properties found: 4,380*

Notice of Default**: Total number of properties found: 2,650*

In Foreclosure**: Total number of properties found: 727*

Here are properties with under "other" special conditions:

Probate: Total number of properties found: 234

Red-Tagged: Total number of properties found: 4

Relo/Corporate: Total number of properties found: 21

*The "special Conditions" with an one (*) asterisk exceeded 250 and I decided not to spend the time to run the statistics! But if you have a portfolio of properties in a certain County, and would like the statistics for that county, I would gladly provide that information to you. Please feel free to call me at 323-357-9300 or cell 562-884-6196. I hope this information has help you in analyzing the state of the Real Estate Market in Southern California.

**NOD and In Foreclosure are only reflect what has been listed on the MLS the numbers of properties under NOD and in foreclosure far exceed what is listed on the MLS.

This "Southern California Real Estate Market Listing Activity" report was prepared with the utmost care and data obtained from the So cal MLS system is deed reliable it is not guaranteed. This report is for general information and for more specific data for your area, please feel free to contact me.

To search the MLS, please feel free to go to my website: ReoLicensedSpecialist.com

http://reolicensedspecialist.com/propertysearch.html