For Sellers

Selling your home has always been challenging, and the past few years have made it even harder.  To help earn the best possible price for your home in the timeframe that works with your needs, you need to choose a real estate professional with the local knowledge to price your home, the marketing tools to bring buyers to your door, and the business experience to negotiate the possible best deal.  You need an Executive.

Executives Versus Agents

A real estate Executive is more than an agent.  An Executive is a trusted source of local information, familiar with every block of every neighborhood, able to promote what’s special and unique about your property, and savvy enough to answer hard questions from sellers.  An Executive understands local market conditions to set a price that will be attractive to buyers, but still get you what you need format he sale.  Above all, an Executive is a professional, with years of experience negotiating deals and managing legal and regulatory red tape.  When you’re dealing with an Executive, you can relax and focus on the next stage in your real estate journey, knowing you’re in good hands.

Setting the Stage

An Executive will work with you to balance your financial desires and time constraints with the current market situation in your neighborhood and region.  Your Executive can also advise you about the viability of home repairs and additions, home staging, and other pre-sale improvements that could help you sell your property–or end up losing you money.

Marketing Your Home

Once you’ve settled on a price and prepped your home for showing, your Executive will market your home in a number of ways, including yard signs, print ads, Web marketing, and email campaigns.  When you work with an Executive, you can expect highly-targeted exposure that bears results.  Executives are expert networkers with years of experience finding buyers–not just browsers.

Sealing the Deal

By the time you receive an offer, you and your Executive will have established a negotiation strategy and financial baselines.  When negotiations begin, Executives can use their knowledge of the process to field counter-offers and work within your guidelines to ensure that you accept only the best possible deal.  Part of that deal includes limiting your legal liability, to avoid unexpected post-sale costs related to unknown issues with your home.  Your Executive will escort you through the entire buying process, until the final paper is signed, escrow is closed, and the check has cleared in your bank.

I’ve included some relevant blog posts and links for your review.  If you would like more information on how an Executive can help you sell your home, please contact me.

Other Links:

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Short Sales are in Vogue!

Many of you out there who are students of the housing market or at least have kept up with the general themes know a few universal truths.  One of them and the topic of my blog is: Short sales; no longer painful, slow and are now a viable quick option to your housing crises.

Until recently Short sales were a night mare. I am a well trained agent and at a Bank of America Seminar, we found out some new information on short sales.  Banks are speeding up their approval process which also has been uniformly adopted by all banks. This speeds up the process and gets you the client an answer to your situation of having a distressed home.  Below is some bullet points that if you follow, will really give you a weapon to help you get out from under your home which is terribly upside down.

1- Please utilize a full time agent. Someone who is in the office every day and not working another job.  Banks want you to perform certain tasks quickly and correctly and doing so moves your file along faster. You the owner want your home sold, that is it!  So why use an agent that works weekends or sells one home a year. Use a trained, experienced agent who is answering his/her phone at all times of the day.

2- Call the bank and exhaust all loan modifications or attempts to adjust the loan. Any step a bank may require prior to doing a short sale. This gives the agent the knowledge that it is ready to be placed on the market as all other means of retaining the home have been exhausted.  If you purchased your home FHA then this is a requirement the MUST be explored before any debt settlement will be approved. Exploring these options first, keeps your HAFA relocation money intact. The bank will give you relocation money upon close of escrow under certain parameters. Your seasoned R.E. Dillon agent will know the requirements or simply call me. 619-279-6311.

3- Often times when people get behind on their payments they begin to throw letters from the bank away.  PLEASE DON’T. Utilize a shoe box and throw all letters from the bank in the shoe box as well as a copy of your monthly bank statements and pay stubs. You make your agents job much easier and he/she will know if there is any Notice of Default/Notice of Trustee sales recorded on your property. It also speeds up the whole process as you are organized and not supplying your agent with information piecemeal.

4-Full disclosure by the owner to the agent. You will need to roll up your sleeves and get dirty!  You will need to provide any and all papers or statements or financial information your agent ask for and do it in a timely manner. Your agent is doing there job to get your short sale approved and they need to know everything about you financially so as to minimize financials.

Remember, Help us Help You!   We agents did not create your hardship. For one reason or another, this is a predicament that created by the homeowner. Help the agent find the root cause of the hardship, exhaust all retention options, reveal everything to your agent that is financially relevant and you will be able to sell your home short.  The banks do not want to foreclose and have fully staffed their short sale departments. Call a Realty Executives agent today to work with you on your distressed home loan.

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National REO statistics

This is the onset of a new blog that will be an ongoing daily communication with the vast buying and selling public.  Additionally, I will be providing some information for my readers to digest as I am an avid student of the JFK assassination as I feel it was the end of an era where we the people controlled our destiny and it was placed in the hands of others. I will make one unequivocal judgement: The Warren Commission not only was wrong, it was a  cover up. Four to the seven members of the committee didn’t even believe it themselves. Maybe if I can pause a reader to stop and think about my JFK anecdotes, I in turn can help bring about change.

New REO Statistics:

For those of you curious about the market as we head into 2012, look at these numbers.

1,600,000 Homes are currently owned by Lender/Banks

3,600,000 Mortgages are delinquent and at risk of foreclosure

14,000,000 Mortgages are at 125% or greater LTV than the actual home values.

JFK factoid # 1 (the inaugural event)

On the day of the assassination, there were 12 secret service violations that occurred: 1) no military protective presence. 2) Open windows along the selected route. 3) Police motorcycles were out of position 4) Agents were not riding in the Presidential limousine. 5) The vehicles in motorcade were in improper sequence. 6) The utilized an improper route which included a turn of over 90 degrees. 7) Limousine came to a near halt at the corner of Houston and Elm. 8) Limousine came to a halt as the bullets started flying. 9) Agents were unresponsive at time of shooting. 10) Blood and brain matter were washed out of the limousine at the hospital even before the President was pronounced dead. 11) The limousine was stripped down and rebuilt the Monday after the shooting. 12) Secret Service had no presence in the crowd along the route.

As a side note to number 9, the agent seen running to the limousine at the time of the shooting was assigned to Mrs. Kennedy. Does this seem like the actions of a highly skilled and honed and professional protection agency?

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Three Ways to Increase the Value of Your Home

Buyers only get one first look at a property, and they don’t want to use their imagination. They assume the house they see is as good as it’s going to get. If you want your home to sell, step out of your comfort zone and think like a buyer. Here are three ways to help you turn your house into the home of someone else’s dreams. We’ve broken down each category into low-cost, “Basic” tips and tricks, and an “All-Out” blow-the-budget transformation. How far you take it is up to you.
Continue reading – Three Ways to Increase the Value of Your Home

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Find the Best REALTOR® to Sell Your House

By: G. M. Filisko
Published 2010-03-11 16:55:53

Ask detailed questions about their experience and skills to help you find the right agent for your home sale.

Working with the right real estate agent can mean the difference between getting prompt, expert representation and feeling like you’re going it alone when selling your home. Here are 10 questions to ask when you’re interviewing agents.
Continue reading – Find the Best REALTOR® to Sell Your House

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