A Common Short Selling Myth

A common myth when it comes to a short sale is this... that they don't close. We actually close over 90% and it's getting easier with our specialized systems and programs at theREPhD.com. We've got this down!

Recently I was asked why someone should choose to sell their home with me, whether it was a short sale or equity sale, and this is what I told them...

I believe I am the absolute best agent for the job of selling a home, whether an equity sale or hardship. No one knows what I know when it comes to this process. I consistently tell the truth, pay attention and have the sellers best interest at heart...even if they may not agree with everything I suggest. I work everyday to hone my craft... to be the best of the best. I treat sellers, other agents, and buyers agents with respect. That is the best way to take care of my client. I also have a fabulous, well educated and committed staff who help me in this endeavor.

If you are thinking about selling your home, we should talk. Call me now at 1-800-921-1900 ext. 2502. The Real Estate Doctor is in!

What is Happening with Short Sales in San Joaquin County?

The short sale market in San Joaquin County is changing along with the entire real estate market. Where we used to have an almost 90% hardship market it has lessened to around 60% today. So though many of our sellers are still in trouble, it is very much a sellers market.

We have very little inventory, multiple offers, and many times those offers are way above asking price.

To be in the game, buyers must be willing to fight for the home they want by submitting offers over asking prices, doing their own repairs, and paying their own closing costs.  They also must make decisions quickly. When buyers see a home they think will work, they must make an offer immediately.

In this market when hesitation can very well result in a missed opportunity. When you hesitate you will find there are 10-20 offers in a matter of days and your hesitating will make you lose.

Allow your agent to guide and assist you. Remember, they make nothing to write 20 offers for you and their expenses are high. If there are only 5 houses on the market and 20 buyers or 100 buyers for that house... what would you want your agent to do to ensure you get the house? Allow them to do that.

Increase the Value of Your Home and Sell Fast!

I was digging through my archives and found this interview I did with TJ at EquityLock Solutions. It's just under six minutes long... take a few minutes out now to listen in as we talk about improving home values in the Central Valley and advice on selling your home.

Video: Seller's Market? How to Get MORE for Your House than it's Worth

This is a hot market for sellers right now and I want to share with you how to get the MOST for your home. Watch my video below where I share what's going on in the housing market right now for sellers... and buyers... and agents! This is one of the best markets for everyone - low inventory which is great for sellers, low interest rates which is great for buyers, and homeowners and home buyers who need our help as agents.

Leave a comment below and let me know what you think about the current housing market. I'd love to hear from you!

Check out all of the resources on my website now...
Christine Papworth The Real Estate Doctor!