Tuesday Tip: June 27, 2017 – Team Realtors are best

Lately, people are asking me why they should pick a team (as in Lydia Gable Realty Group) over an individual agent. Both “types” have their advantages but I believe a team approach to real estate will always be the winning side:

  • Your lead agent will always be you single point of contact for questions, concerns, to vent, stress or rejoice
  • Your lead agent works extremely hard to find you a home or buyers and negotiate the contract
  • Once the terms of the contract are finalized, we have a specialist to actually handle the execution of the contract to ensure a seamless and effortless close for you. Our specialist deals with nothing but real estate contracts. That’s her point of focus each and every day for you. She’s seen it all and been through it all so she has the knowledge, skills and contacts to make sure nothing slips through the cracks.
  • We have a marketing expert on our team. She is constantly tweaking our marketing to ensure it is leading edge, connecting with target audiences to find you your buyer. So, while I am out showing you homes or pitching your home for sale with other agents and community leaders, she is working at the same time on marketing your home to get it sold and reach new eyes all the time.
  • We have multiple agents on our team. We meet weekly as a team and then also individually. We are all very versed and familiar with you and your wants/needs. We brainstorm and work off of each other’s strengths. So if your lead agent gets sick or takes a much needed vacation, your needs are still being met and we are constantly working for you. It’s a huge win for you.

Hope this is helpful information. Please let me know if you have any questions or need additional information. I am here for you and your home always!

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Tuesday Tip: June 13, 2017 May real estate numbers

So, it’s a quirky real estate market right now. We saw inventory climb about 20% from April to May in our local area, yet the number of homes in escrow was relatively flat (even down a smidge) with March. The good news is, in June, we’ve already seen more homes go into escrow than for all of May and it’s not even mid-June. So the market is picking up; as more homes are coming on the market, more homes are selling. Yay! Right now, June inventory is about the same as in May. Now, here’s the quirky part…the buyers. Maybe not so much quirky as they are being choosy about what they buy. When I talk with real estate colleagues, we are consistently seeing homes that are fully renovated sell quickly and many with multiple offers. Homes that are not updated are sitting. Sorry to report that. We tend to think it’s because most buyers want all the work done so they can just move in and enjoy life. Renovations and dealing with contractors isn’t always easy and so even if the price is lower to “compensate” for it not being renovated, buyers aren’t biting. And those homes are just sitting. We are seeing more buyers and relocations now that school is out and summer is underway. Hoping homes will sell as buyers want to be in and settled before the Fall. Keep your fingers crossed!

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Tuesday Tip: 4.25.17 How to Win the Home!

Lately, great homes for sale under $1,000,000, here in the Conejo Valley, are going into multiple offers. So how do you win the bid? Watch this quick video to learn some great tips on putting together the best offer package to win your dream home!

Want to know more about the mortgage letter you should submit? Click here.

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Tuesday Tips: 4.18.17 Pricing Your Home

There are three ways to price your home when you are selling it: low, high and just right. The just right price is the one that brings in the buyers, generate excitement about the home and may lead to multiple offers which may drive the price up above that “high” price point.

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1st Quarter Real Estate Market Update 2017 for the Conejo Valley

Here’s your 1st quarter real estate market update for the Conejo Valley and it’s looking great out there! Home values are up from 4th quarter and things are selling more quickly too, about 1-2 weeks better on average. The Spring market is here!

Average price of sold homes

Westlake Village – up 15%

Thousand Oaks East – 12%

Thousand Oaks West – 10%

Agoura/Oak Park – 1%

Newbury Park – 1%

When we look at the data, the sweet spot for activity is definitely homes priced $500,000-$999,999, but overall 558 homes sold this quarter in all price points so our inventory is selling.

Days on Market tends to increase with price point (so the more expensive the home, the longer it takes to sell), but homes that are in great condition and staged properly are the most appealing to buyers and often have multiple offers within days of going on the market. Buyer are being picky and swoop up the good ones as they come onto the market.

It’s a great time to sell if you are thinking of doing so. Give me a call – I’d love to help: 818-383-4335.

 

 

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