Thursday, December 23, 2010
Connie on FOX BUSINESS show "Cavuto" To Discuss the Housing Market Going...
Connie discusses on the Fox Business show "CAVUTO" the housing market moving into 2011, if we should consider eliminating the mortgage interest deduction and much more.
Monday, December 13, 2010
SOMEONE IS BUYING! See What Homes Have Sold In Dec In Beverly Hills, Santa Monica & Brentwood
December is typically the month many home sellers take their listed homes off the market or wait a month or two before placing a home on the market for sale. This often leads to a reduced inventory, a situation that could provide a great opportunity for some home sellers to face little or no competition from other home sellers. The following sales (taken from the MLS) do show that Buyers are out there looking and ready to buy. Check your area to see if there is a shortage of available comparable properties- December or January could be the month for you to list your home.
For more information on these areas or any others in Los Angeles, California- Just Call Connie!
Homes PENDING in BEVERLY HILLS 90210 in Dec as of Dec 12
1010 N Hilcrest Rd, 57 Days On The Market, No Reduction. Originally Listed At $ 15,900,000
1120 El Retiro Way, 173 Days On The Market, Reduced to $ 6,295,000. Originally Listed At $ 6,995,000
524 N Elm Dr., 52 Days On The Market, No Reduction. Originally Listed At $ 3,195,000
3074 Franklin Cyn Dr., 56 Days On The Market, Reduced to $ 1,325,000. Originally Listed At $ 1,351,500
9832 Yoakum, 59 Days On The Market, Reduced to $ 514,950. Originally Listed At $ 549,950
Homes SOLD in BEVERLY HILLS 90210 in Dec as of Dec 12
708 N Rexford Dr., 303 Days On The Market, SOLD At $ 5,410,000. Originally Listed At 7,499,000
806 N Whittier Dr., 141 Days On The Market, SOLD At $ 4,500,000. Originally Listed At 5,990,000
515 N Alpine Dr., 5 Days On The Market, SOLD At $ 3,900,000. Originally Listed At 3,995,000
2578 Hutton Dr., 14 Days On The Market, SOLD At $ 3,650,000. Originally Listed At 3,750,000
9913 Sunset Blvd., 31 Days On The Market, SOLD At $ 3,600,000. Originally Listed At 3,949,000
9543 Cherokee Ln., 200 Days On The Market, SOLD At $ 2,100,000. Originally Listed At 2,250,000
1173 Angelo Dr., 9 Days On The Market, SOLD At $ 1,926,000. Originally Listed At 1,995,000
1157 Angelo Dr., 152 Days On The Market, SOLD At $ 1,360,000. Originally Listed At 1,695,000
1909 Benedict Cyn Dr., 144 Days On The Market, SOLD At $ 1,210,000. Originally Listed At 1,439,000
9698 Yoakum Dr., 8 Days On The Market, SOLD At $ 1,075,000. Originally Listed At 1,150,000
Homes SOLD in SANTA MONICA 90402 in Dec as of Dec 12
606 Adelaide., 4 Days On The Market, SOLD At $ 3,995,000. Originally Listed At 3,395,000
311 11th Street., 180 Days On The Market, SOLD At $ 3,800,000. Originally Listed At 3,999,000
369 23rd Street., 18 Days On The Market, SOLD At $ 3,247,000. Originally Listed At 3,395,000
523 14th Street, 25 Days On The Market, SOLD At $ 3,165,000. Originally Listed At $ 3,195,000
402 19th Street., 3 Days On The Market, SOLD At $ 2,200,000. Originally Listed At 2,300,000
Homes PENDING in BRENTWOOD in Dec as of Dec 12
220 S. Carmelina Ave., 133 Days On The Market, Reduced to $ 3,095,000. Originally Listed At $ 3,395,000
2618 Westridge Rd., 27 Days On The Market, No Reduction. Originally Listed At $ 1,699,000
Homes SOLD in BRENTWOOD in Dec as of Dec 12
12759 Chalon Rd., 16 Days On The Market, SOLD At $ 14,200,000. Originally Listed At 13,400,000
319 N Bowling Green Way, 30 Days On The Market, SOLD At $ 2,350,000. Originally Listed At $ 3,400,000
3038 Corda Drive., 14 Days On The Market, SOLD At $ 1,270,750. Originally Listed At $ 1,300,000
552 N Greencraid Rd., 10 Days On The Market, SOLD At $ 1,260,000. Originally Listed At $ 1,495,000
1135 N Norman Pl., 13 Days On The Market, SOLD At $ 975,000. Originally Listed At $ 890,000
__________________________________
For more information on these areas or any others in Los Angeles, California- Just Call Connie!
Homes PENDING in BEVERLY HILLS 90210 in Dec as of Dec 12
1010 N Hilcrest Rd, 57 Days On The Market, No Reduction. Originally Listed At $ 15,900,000
1120 El Retiro Way, 173 Days On The Market, Reduced to $ 6,295,000. Originally Listed At $ 6,995,000
524 N Elm Dr., 52 Days On The Market, No Reduction. Originally Listed At $ 3,195,000
3074 Franklin Cyn Dr., 56 Days On The Market, Reduced to $ 1,325,000. Originally Listed At $ 1,351,500
9832 Yoakum, 59 Days On The Market, Reduced to $ 514,950. Originally Listed At $ 549,950
Homes SOLD in BEVERLY HILLS 90210 in Dec as of Dec 12
708 N Rexford Dr., 303 Days On The Market, SOLD At $ 5,410,000. Originally Listed At 7,499,000
806 N Whittier Dr., 141 Days On The Market, SOLD At $ 4,500,000. Originally Listed At 5,990,000
515 N Alpine Dr., 5 Days On The Market, SOLD At $ 3,900,000. Originally Listed At 3,995,000
2578 Hutton Dr., 14 Days On The Market, SOLD At $ 3,650,000. Originally Listed At 3,750,000
9913 Sunset Blvd., 31 Days On The Market, SOLD At $ 3,600,000. Originally Listed At 3,949,000
9543 Cherokee Ln., 200 Days On The Market, SOLD At $ 2,100,000. Originally Listed At 2,250,000
1173 Angelo Dr., 9 Days On The Market, SOLD At $ 1,926,000. Originally Listed At 1,995,000
1157 Angelo Dr., 152 Days On The Market, SOLD At $ 1,360,000. Originally Listed At 1,695,000
1909 Benedict Cyn Dr., 144 Days On The Market, SOLD At $ 1,210,000. Originally Listed At 1,439,000
9698 Yoakum Dr., 8 Days On The Market, SOLD At $ 1,075,000. Originally Listed At 1,150,000
Homes SOLD in SANTA MONICA 90402 in Dec as of Dec 12
606 Adelaide., 4 Days On The Market, SOLD At $ 3,995,000. Originally Listed At 3,395,000
311 11th Street., 180 Days On The Market, SOLD At $ 3,800,000. Originally Listed At 3,999,000
369 23rd Street., 18 Days On The Market, SOLD At $ 3,247,000. Originally Listed At 3,395,000
523 14th Street, 25 Days On The Market, SOLD At $ 3,165,000. Originally Listed At $ 3,195,000
402 19th Street., 3 Days On The Market, SOLD At $ 2,200,000. Originally Listed At 2,300,000
Homes PENDING in BRENTWOOD in Dec as of Dec 12
220 S. Carmelina Ave., 133 Days On The Market, Reduced to $ 3,095,000. Originally Listed At $ 3,395,000
2618 Westridge Rd., 27 Days On The Market, No Reduction. Originally Listed At $ 1,699,000
Homes SOLD in BRENTWOOD in Dec as of Dec 12
12759 Chalon Rd., 16 Days On The Market, SOLD At $ 14,200,000. Originally Listed At 13,400,000
319 N Bowling Green Way, 30 Days On The Market, SOLD At $ 2,350,000. Originally Listed At $ 3,400,000
3038 Corda Drive., 14 Days On The Market, SOLD At $ 1,270,750. Originally Listed At $ 1,300,000
552 N Greencraid Rd., 10 Days On The Market, SOLD At $ 1,260,000. Originally Listed At $ 1,495,000
1135 N Norman Pl., 13 Days On The Market, SOLD At $ 975,000. Originally Listed At $ 890,000
__________________________________
Thursday, November 4, 2010
Tuesday, October 5, 2010
CAN'T SELL YOUR HOME? READ THIS!
Well you must be very frustrated. You are not alone! This market is challenging to even the most experienced Seller but by going BACK TO BASICS you will be on the right road to accomplishing your goals.
Here are a few tips to get started:
1. Buying a home is an EMOTIONAL PURCHASE for most. Above all, your home must cause a buyer to become so attached that they ignore all the bad housing news, the joblessness and fears of such a large financial obligation. And Buyers start deciding if your home will work at your curb! Stand at your curb and be honest with yourself, does your home look impressive or well maintained? Next, walk inside and go into every room and ask yourself if EVERY room has a VALUE a buyer will recognize and does each space have a "good feeling?” If the answer is no, you will need to get to work. This market requires EVERY SELLER to do their best or buyers will make low offers or worse, no offer. There are ways to make your home more attractive without spending much. Just call me for a consultation.
2. When a buyer walks into your home, can they see themselves having dinner, relaxing by the fireplace with family, celebrating holidays? If all they see is your decor, your religion, your hobbies they will have trouble getting past you. The buyer may not become attached and most probably, will not offer to purchase your home. The smallest thing can sell a house. A warm cozy area with a fireplace, unique hardware on doors, a front door, lots of pots with flowers, it’s endless. EMOTION is the key to an OFFER..
3. Show all the best aspects of your home when a buyer tours your home. Turn those fireplaces ON, even in the summer. Have pleasant smells, nice temperatures, appeal to all senses and be creative. The Seller should NEVER EVER be in the home at the time the buyer is there. No one wants to buy a home they feel uncomfortable inside- need I say more?
4. Small rooms often become forgotten. When a buyer makes an offer they will give value (dollars) to what they remember and recognize as valuable. Therefore, give a use to every room and area to get more $$$$. Small yards are a big reason people will not purchase a home so don’t make the mistake of doing nothing with your outdoors. Put nice furniture outside (borrow if you must). This will get the buyer to imagine entertaining outside because it took this small yard that had little use or value to the buyer and turned it into a charming outdor living space that has a valuable use to most buyers. This one change made something negative (a small backyard) into a positive!
If you are thinking of selling in Los Angeles, I would be happy to help you prepare your home to GET YOUR HOME SOLD.
Just Call Connie
Written By: Connie De Groot
Here are a few tips to get started:
1. Buying a home is an EMOTIONAL PURCHASE for most. Above all, your home must cause a buyer to become so attached that they ignore all the bad housing news, the joblessness and fears of such a large financial obligation. And Buyers start deciding if your home will work at your curb! Stand at your curb and be honest with yourself, does your home look impressive or well maintained? Next, walk inside and go into every room and ask yourself if EVERY room has a VALUE a buyer will recognize and does each space have a "good feeling?” If the answer is no, you will need to get to work. This market requires EVERY SELLER to do their best or buyers will make low offers or worse, no offer. There are ways to make your home more attractive without spending much. Just call me for a consultation.
2. When a buyer walks into your home, can they see themselves having dinner, relaxing by the fireplace with family, celebrating holidays? If all they see is your decor, your religion, your hobbies they will have trouble getting past you. The buyer may not become attached and most probably, will not offer to purchase your home. The smallest thing can sell a house. A warm cozy area with a fireplace, unique hardware on doors, a front door, lots of pots with flowers, it’s endless. EMOTION is the key to an OFFER..
3. Show all the best aspects of your home when a buyer tours your home. Turn those fireplaces ON, even in the summer. Have pleasant smells, nice temperatures, appeal to all senses and be creative. The Seller should NEVER EVER be in the home at the time the buyer is there. No one wants to buy a home they feel uncomfortable inside- need I say more?
4. Small rooms often become forgotten. When a buyer makes an offer they will give value (dollars) to what they remember and recognize as valuable. Therefore, give a use to every room and area to get more $$$$. Small yards are a big reason people will not purchase a home so don’t make the mistake of doing nothing with your outdoors. Put nice furniture outside (borrow if you must). This will get the buyer to imagine entertaining outside because it took this small yard that had little use or value to the buyer and turned it into a charming outdor living space that has a valuable use to most buyers. This one change made something negative (a small backyard) into a positive!
If you are thinking of selling in Los Angeles, I would be happy to help you prepare your home to GET YOUR HOME SOLD.
Just Call Connie
Written By: Connie De Groot
Thursday, August 5, 2010
Friday, July 30, 2010
Connie Discusses Hot Topic- Banks Discriminating Against Expecting Parents?
Connie De Groot speaks about the problem some expecting families are having when trying to obtain a home loan.
Sunday, June 27, 2010
Why Work With Connie De Groot- Read Testimonials
Richard Arroyo, Beverly Hills, California
"Connie, once again, you were right and I sho
uld have listened to you. You have great instincts and insights into the Southern California RE market. I should have taken your advice on when to sell."
Barry Bijan Todd, Experienced Home Seller, Beverly Hills, California
"Connie Degroot was the only one who could make it happen. She sold a house of ours others struggled with. I would use Connie again without a second thought. She is hard working, enthusiastic, reliable, knowledgeable, and persistent. Connie tackles situations and transactions professionally. I would recommend her- we always felt like we were in good hands. When she told us to re-stage the property, to move this, to move that, and to re-dress the house up we did it--and she was right. We trusted her to do her best and she did. Connie sold our home after it had been on the market for a long time."
Julie Tseng, First-Time Home Buyer, Beverly Hills, California
"I have had the pleasure of knowing Connie for the last 4 months as my Beverly Hills real estate agent/licensed broker and more importantly as my personal trusted advisor. As a first time home buyer, Connie helps to demystify the current real estate market from start to finish. Her commitment to client service is impeccable. When I leave her a voice message, she responds within a timely manner. When there is a property that I am interested in, she is able to get us an appointment within 24 hours. When I am unable to see a property, Connie previews it for me. As a client of Connie, she takes the time to understand my current and future housing needs and to listen to my concerns, hopes, desires and constraints. Connie is extremely knowledgeable about the trends of the real estate market as well as the most sought after desirable locations in Los Angeles. She is forward looking and has a desire to make sure that I am not only satisfied with the purchase but also to consider future implications of a property should there be a need to sell in any economic climate. She encourages me to contribute ideas and fosters an open exchange of ideas and opinions. And her website and blogs provide invaluable information from the current housing market to available federal and state housing tax credits. As a trusted advisor, Connie helps me assess my long term home buying goals and gives me balanced and constructive feedback such as taking into consideration all the alternatives when making a purchase (i.e. location, schools, resale value) if only to avoid me falling into pitfalls other buyers may have encountered. Most importantly, she is honest about her comments on various properties we have looked at. These are qualities that make for a lasting relationship. All said I am glad and privileged to have had such a person cross my path, and to take an active interest in helping me weave through the volumes and volumes of real estate data. Thank you Connie for all your help. I highly recommend Connie De Groot to potential home buyers both new and veterans."
James Eder, Out-Of-State Home Buyer
"As an out of town buyer, a diligent, hard-working, loyal, and savvy real estate professional with integrity was what I was looking for. I found that person in Connie De Groot. Connie worked tirelessly before my making an offer to find the right property at the right price, during the offer period to ensure the best deal, and after closing in helping with improvements, remodeling, and re-decorating. I was always informed with real-time information and any questions were always handled quickly and effectively by Connie and her excellent assistant Sally. Her expertise in understanding the value of the marketplace and her contacts in the refurbishment market proved invaluable. This expertise allowed me to purchase a home that I otherwise would not been able to given my time constraints. Her integrity and knowledge allowed me to feel confident every step of the way."
David & Rebecca Smith, North Fork, Idaho- Referral Client
"After having our house on the market for a year with not even one showing, we new we needed a big-gun with global exposure to help move it. After seeing Connie on the Fine Living Network, we knew if anyone could help us, it was her. Her no-nonsense, straight-shooting, put the client first philosophy drew us in. But then we thought, "why would this Beverly Hills big-shot want to help us"? Nevertheless, we called and that question never got asked. Connie was congenial and highly-motivated from the first call and assured us, even though our property was over 1200 miles away, that she would find us an agent to help sell it. And that, she did. Connie found us an agent, and equipped us with the tools to help move our property right away, even 1200 miles away. If you think distance is a problem, think again......nothing stops Connie!!"
Anthony and Julee Choe, First-Time Home Buyers
"Thank you so much for helping us to find our dream home. It fit everything we were looking for in the BHPO: school district, location, design and architecture, and at a fair price. Thanks so much for fighting hard for two first time home buyers like Julee and me - your walking us through the process step-by-step was so comforting and so critical to the successful outcome. Now that we're in the home, we are so happy, it seems like many of our old problems have melted away! We're still not completely furnished yet, but when we do, we'd love to have you over for drinks sometime in the summer when the landscaping is complete. We hope you're still the neighborhood expert the next time we're looking to move... there's nobody we'd rather use and nobody we trust more than you Connie."
Christine Huang, First-Time Buyer That Went Through Several Agents, Los Angeles, CA
"As a first-time home buyer, I had lots of questions and concerns and went through two or three other agents with multiple failed negotiations before I found Connie. Connie is committed from start to finish. She strives to understand her clients, their needs and wants. She finds immediate listings and schedules appointments without delay. She gives honest guidance and advice, which was invaluable to me. Connie is well-informed, hardworking, responsive, energetic and sharp. Her professionalism and effectiveness was highly appreciated. I recommend Connie without reservations. In fact, I have already referred her to my family and friends.Connie, thank you for making it FINALLY happen! I feel fortunate to have been able to work with you as my agent and am looking forward to keeping a long-term friendship."
Paul Owen, San Diego Realtor Connie Gave Some Helpful Tips
"Thanks Connie! After sticking with it and not judging a book by its cover I was able to close a great deal. The client was turned down by several agents and through a friend I ended up with the lead. Thanks for taking the time last year to help me when other agents wouldn't. I appreciate your insight and direction!"
Ron and Joan Hoffman, Home Sellers Needing To Do Construction To Sell
"Connie, previous to you representing us, we had two other real estate agents who were unsuccessful at delivering us a qualified buyer at the price we felt our home warranted and deserved. We had our house on the market for over one year without any viable potential buyers. When we first met you and reviewed the frustrations and challenges of selling our home, you outlined for us the steps you felt were necessary to make our home more marketable. We were impressed by your hard work, dedication and high-energy in doing everything possible to attract the right buyers. We are now in escrow and we are happy to say that we couldn't have done it without all of your hard work and persistence."
Evan & Lee Morrison, Queensland, Australia
"I live in Queensland, Australia and I have just seen a program on the t.v. about you selling houses for people etc. I must say that I was most impressed with the way you handle everything and all the tips that you provided.
We do have Coldwell Banker real estate here as well. I will continue to find t.v. shows where you give tips about selling etc, as I have already picked up many things from you. Thank you."
Jack B. Scott Jr.
"Yes Connie! I love seeing you on TV. You do a great job and I love your passion and expertise. Just saw you on Fox Business and have seen you on Happy Hour. When you are on, it's really a Happy hour! Be blessed."
James Poole, Versoix, Switzerland
Senior Investment Consultant-Blackden Financial S.A.
"Hi Connie, I am dropping you a line as I watched your 'spot' on Fox business, relating to property in the US, more specifically in southern California.
Although we don't have specific enquiries from clients for this area of the world, I found it enlightening from a financial planning perspective. Property all over the world and more directly in Europe is suffering from a price collapse in much the same way as the US, due to the globalised nature of banks these days. When do you see the lending situation freeing up in the US nad will this, in your view, have a knock on effect in Europe? By the way great sunny delivery and you have the most enchanting appearance, hope you don't mind me saying that!!"
David Spellerberg commenting on the FOX Internet Show "The Strategy Room" where Connie was interviewed by former LA District Attorney, Kimberly Guilfoyle:
"Connie, you are the perfect combination. Very sharp, knowledge, articulate and of course very beautiful. As you said, the key is hard work and LISTENING to what your client says to you. You can never listen to much. Congratulations on a great interview."
Roberto Magalhaes commenting on appearance regarding the new housing plan to help borrowers:
"In a free market, everyone and anyone needs to stand to lose-
accountability is key. It would be great if Fox had you on additional panels !!!"
Susan Kong, Miami, Florida
"I've seen you in "Real Estate Confidential" and I love your style! I wish you could sell my house but I live in Miami. If my realtors were anything like you, I probably have sold my house already. I love your style and impressed with how you approach your clients. Thank you."
R. Jones, Memphis Tennessee
"Connie, Saw you on Neil Cavuto yesterday. You mentioned that buyers were leery of making low offers on houses that were priced a little high in this market. My wife and I are one of those couples. We've seen some houses we love, but they seem like their starting price is too high...We found a nice home that fits our requirements for ......, but thought it would be very insulting to offer ...... It's in an area with many other houses to choose from, but this one was a move-in ready. Any suggestions?"
Meryl Weprin, Dayton, Ohio
"Hi Connie, my husband and I watched your show on a Delta flight last week and we thought you could possibly help us. We were impressed by your honesty and evaluation of the house you eventually sold on the segment we saw in the air. Thank you."
Bill Yarber
(YOUR WORLD WITH NEIL CAVUTO- July 27, 2009)"Just saw you on FOX during your interview with Neil Cavuto. You prove that beauty and brains do mix very nicely. You are quite beautiful, look like a model and obviously know your market and industry. Quite refreshing. My cousins in the ........area used to have a real estate business, but none of them look like you. Shame."
Mark Hanlin
"Connie, from the brief clip of you that I saw tonight, I have to say I was impressed--you presented your position well, with authority and expertise (not everyone can keep up with Hannity). My thoughts...gosh, where do I begin??
At the risk of sounding like a right-wing whacko, I must admit I'm concerned with the direction our country is taking, fiscally, politically, socially. And coming from 20+ yrs in the military, throw national security into that mix! I definitely think TARP was a BAD idea, and I'm supremely disappointed in the previous administration for setting us down that path. I've noticed over the past 10 or so years that I've become something of a news junkie, and now wish I'd paid more attention in Poli Sci class...! I will be very interested to see what happens in the next several years." (Responding to appearance on "Hannity")
Jim Morris
"Connie, I just saw you on Hannity and wanted to send you a message. Right on target with your outlook on the economy and housing. Absolutely stunning also."
Steven Gray, Certified Appraiser
"Thank you Connie for stating home sellers should get an appraisal as part of the pre-listing process. I'm a certified appraiser and I'm flabbergasted by the number of home owners that continue to think their house is worth what it was in 2005/2006. (regarding Fox Business appearance Mar 27, 2009)"
Jonathan J. Miller, CRP
President/CEO, MILLER SAMUEL INC. Real Estate Appraisers & Consultants
"Connie, I enjoyed being on the segment with you this evening and I thought you were great. Best, Jonathan" (regarding Fox Business appearance Mar 27, 2009)
Ralph Y. Liu, Chairman & CEO Advanced e-Financial Technologies, Inc.
Corona, CA
"I heard of your capital gain suspension plan on Fox TV this afternoon. I like that idea. What we need now is a free market based incentive, not a bailout, in order to fix our current financial crisis. I would like to share with you a timely innovative economic policy proposal which is 100% based on free market principles that I have been working on to help solve our current financial crisis and seek your kind feedback. Maybe together with the capital gain tax suspension it will really help turn our economy around."
Dan Krieger, Florida
"Hi Connie, I enjoyed listening to your interview. I'm a realtor and mortgage broker in Florida. Not only did I find you intelligent and polished but beautiful as well. Wishing you a Happy New Year!"
"Connie, once again, you were right and I sho
uld have listened to you. You have great instincts and insights into the Southern California RE market. I should have taken your advice on when to sell."
Barry Bijan Todd, Experienced Home Seller, Beverly Hills, California
"Connie Degroot was the only one who could make it happen. She sold a house of ours others struggled with. I would use Connie again without a second thought. She is hard working, enthusiastic, reliable, knowledgeable, and persistent. Connie tackles situations and transactions professionally. I would recommend her- we always felt like we were in good hands. When she told us to re-stage the property, to move this, to move that, and to re-dress the house up we did it--and she was right. We trusted her to do her best and she did. Connie sold our home after it had been on the market for a long time."
Julie Tseng, First-Time Home Buyer, Beverly Hills, California
"I have had the pleasure of knowing Connie for the last 4 months as my Beverly Hills real estate agent/licensed broker and more importantly as my personal trusted advisor. As a first time home buyer, Connie helps to demystify the current real estate market from start to finish. Her commitment to client service is impeccable. When I leave her a voice message, she responds within a timely manner. When there is a property that I am interested in, she is able to get us an appointment within 24 hours. When I am unable to see a property, Connie previews it for me. As a client of Connie, she takes the time to understand my current and future housing needs and to listen to my concerns, hopes, desires and constraints. Connie is extremely knowledgeable about the trends of the real estate market as well as the most sought after desirable locations in Los Angeles. She is forward looking and has a desire to make sure that I am not only satisfied with the purchase but also to consider future implications of a property should there be a need to sell in any economic climate. She encourages me to contribute ideas and fosters an open exchange of ideas and opinions. And her website and blogs provide invaluable information from the current housing market to available federal and state housing tax credits. As a trusted advisor, Connie helps me assess my long term home buying goals and gives me balanced and constructive feedback such as taking into consideration all the alternatives when making a purchase (i.e. location, schools, resale value) if only to avoid me falling into pitfalls other buyers may have encountered. Most importantly, she is honest about her comments on various properties we have looked at. These are qualities that make for a lasting relationship. All said I am glad and privileged to have had such a person cross my path, and to take an active interest in helping me weave through the volumes and volumes of real estate data. Thank you Connie for all your help. I highly recommend Connie De Groot to potential home buyers both new and veterans."
James Eder, Out-Of-State Home Buyer
"As an out of town buyer, a diligent, hard-working, loyal, and savvy real estate professional with integrity was what I was looking for. I found that person in Connie De Groot. Connie worked tirelessly before my making an offer to find the right property at the right price, during the offer period to ensure the best deal, and after closing in helping with improvements, remodeling, and re-decorating. I was always informed with real-time information and any questions were always handled quickly and effectively by Connie and her excellent assistant Sally. Her expertise in understanding the value of the marketplace and her contacts in the refurbishment market proved invaluable. This expertise allowed me to purchase a home that I otherwise would not been able to given my time constraints. Her integrity and knowledge allowed me to feel confident every step of the way."
David & Rebecca Smith, North Fork, Idaho- Referral Client
"After having our house on the market for a year with not even one showing, we new we needed a big-gun with global exposure to help move it. After seeing Connie on the Fine Living Network, we knew if anyone could help us, it was her. Her no-nonsense, straight-shooting, put the client first philosophy drew us in. But then we thought, "why would this Beverly Hills big-shot want to help us"? Nevertheless, we called and that question never got asked. Connie was congenial and highly-motivated from the first call and assured us, even though our property was over 1200 miles away, that she would find us an agent to help sell it. And that, she did. Connie found us an agent, and equipped us with the tools to help move our property right away, even 1200 miles away. If you think distance is a problem, think again......nothing stops Connie!!"
Anthony and Julee Choe, First-Time Home Buyers
"Thank you so much for helping us to find our dream home. It fit everything we were looking for in the BHPO: school district, location, design and architecture, and at a fair price. Thanks so much for fighting hard for two first time home buyers like Julee and me - your walking us through the process step-by-step was so comforting and so critical to the successful outcome. Now that we're in the home, we are so happy, it seems like many of our old problems have melted away! We're still not completely furnished yet, but when we do, we'd love to have you over for drinks sometime in the summer when the landscaping is complete. We hope you're still the neighborhood expert the next time we're looking to move... there's nobody we'd rather use and nobody we trust more than you Connie."
Christine Huang, First-Time Buyer That Went Through Several Agents, Los Angeles, CA
"As a first-time home buyer, I had lots of questions and concerns and went through two or three other agents with multiple failed negotiations before I found Connie. Connie is committed from start to finish. She strives to understand her clients, their needs and wants. She finds immediate listings and schedules appointments without delay. She gives honest guidance and advice, which was invaluable to me. Connie is well-informed, hardworking, responsive, energetic and sharp. Her professionalism and effectiveness was highly appreciated. I recommend Connie without reservations. In fact, I have already referred her to my family and friends.Connie, thank you for making it FINALLY happen! I feel fortunate to have been able to work with you as my agent and am looking forward to keeping a long-term friendship."
Paul Owen, San Diego Realtor Connie Gave Some Helpful Tips
"Thanks Connie! After sticking with it and not judging a book by its cover I was able to close a great deal. The client was turned down by several agents and through a friend I ended up with the lead. Thanks for taking the time last year to help me when other agents wouldn't. I appreciate your insight and direction!"
Ron and Joan Hoffman, Home Sellers Needing To Do Construction To Sell
"Connie, previous to you representing us, we had two other real estate agents who were unsuccessful at delivering us a qualified buyer at the price we felt our home warranted and deserved. We had our house on the market for over one year without any viable potential buyers. When we first met you and reviewed the frustrations and challenges of selling our home, you outlined for us the steps you felt were necessary to make our home more marketable. We were impressed by your hard work, dedication and high-energy in doing everything possible to attract the right buyers. We are now in escrow and we are happy to say that we couldn't have done it without all of your hard work and persistence."
Evan & Lee Morrison, Queensland, Australia
"I live in Queensland, Australia and I have just seen a program on the t.v. about you selling houses for people etc. I must say that I was most impressed with the way you handle everything and all the tips that you provided.
We do have Coldwell Banker real estate here as well. I will continue to find t.v. shows where you give tips about selling etc, as I have already picked up many things from you. Thank you."
Jack B. Scott Jr.
"Yes Connie! I love seeing you on TV. You do a great job and I love your passion and expertise. Just saw you on Fox Business and have seen you on Happy Hour. When you are on, it's really a Happy hour! Be blessed."
James Poole, Versoix, Switzerland
Senior Investment Consultant-Blackden Financial S.A.
"Hi Connie, I am dropping you a line as I watched your 'spot' on Fox business, relating to property in the US, more specifically in southern California.
Although we don't have specific enquiries from clients for this area of the world, I found it enlightening from a financial planning perspective. Property all over the world and more directly in Europe is suffering from a price collapse in much the same way as the US, due to the globalised nature of banks these days. When do you see the lending situation freeing up in the US nad will this, in your view, have a knock on effect in Europe? By the way great sunny delivery and you have the most enchanting appearance, hope you don't mind me saying that!!"
David Spellerberg commenting on the FOX Internet Show "The Strategy Room" where Connie was interviewed by former LA District Attorney, Kimberly Guilfoyle:
"Connie, you are the perfect combination. Very sharp, knowledge, articulate and of course very beautiful. As you said, the key is hard work and LISTENING to what your client says to you. You can never listen to much. Congratulations on a great interview."
Roberto Magalhaes commenting on appearance regarding the new housing plan to help borrowers:
"In a free market, everyone and anyone needs to stand to lose-
accountability is key. It would be great if Fox had you on additional panels !!!"
Susan Kong, Miami, Florida
"I've seen you in "Real Estate Confidential" and I love your style! I wish you could sell my house but I live in Miami. If my realtors were anything like you, I probably have sold my house already. I love your style and impressed with how you approach your clients. Thank you."
R. Jones, Memphis Tennessee
"Connie, Saw you on Neil Cavuto yesterday. You mentioned that buyers were leery of making low offers on houses that were priced a little high in this market. My wife and I are one of those couples. We've seen some houses we love, but they seem like their starting price is too high...We found a nice home that fits our requirements for ......, but thought it would be very insulting to offer ...... It's in an area with many other houses to choose from, but this one was a move-in ready. Any suggestions?"
Meryl Weprin, Dayton, Ohio
"Hi Connie, my husband and I watched your show on a Delta flight last week and we thought you could possibly help us. We were impressed by your honesty and evaluation of the house you eventually sold on the segment we saw in the air. Thank you."
Bill Yarber
(YOUR WORLD WITH NEIL CAVUTO- July 27, 2009)"Just saw you on FOX during your interview with Neil Cavuto. You prove that beauty and brains do mix very nicely. You are quite beautiful, look like a model and obviously know your market and industry. Quite refreshing. My cousins in the ........area used to have a real estate business, but none of them look like you. Shame."
Mark Hanlin
"Connie, from the brief clip of you that I saw tonight, I have to say I was impressed--you presented your position well, with authority and expertise (not everyone can keep up with Hannity). My thoughts...gosh, where do I begin??
At the risk of sounding like a right-wing whacko, I must admit I'm concerned with the direction our country is taking, fiscally, politically, socially. And coming from 20+ yrs in the military, throw national security into that mix! I definitely think TARP was a BAD idea, and I'm supremely disappointed in the previous administration for setting us down that path. I've noticed over the past 10 or so years that I've become something of a news junkie, and now wish I'd paid more attention in Poli Sci class...! I will be very interested to see what happens in the next several years." (Responding to appearance on "Hannity")
Jim Morris
"Connie, I just saw you on Hannity and wanted to send you a message. Right on target with your outlook on the economy and housing. Absolutely stunning also."
Steven Gray, Certified Appraiser
"Thank you Connie for stating home sellers should get an appraisal as part of the pre-listing process. I'm a certified appraiser and I'm flabbergasted by the number of home owners that continue to think their house is worth what it was in 2005/2006. (regarding Fox Business appearance Mar 27, 2009)"
Jonathan J. Miller, CRP
President/CEO, MILLER SAMUEL INC. Real Estate Appraisers & Consultants
"Connie, I enjoyed being on the segment with you this evening and I thought you were great. Best, Jonathan" (regarding Fox Business appearance Mar 27, 2009)
Ralph Y. Liu, Chairman & CEO Advanced e-Financial Technologies, Inc.
Corona, CA
"I heard of your capital gain suspension plan on Fox TV this afternoon. I like that idea. What we need now is a free market based incentive, not a bailout, in order to fix our current financial crisis. I would like to share with you a timely innovative economic policy proposal which is 100% based on free market principles that I have been working on to help solve our current financial crisis and seek your kind feedback. Maybe together with the capital gain tax suspension it will really help turn our economy around."
Dan Krieger, Florida
"Hi Connie, I enjoyed listening to your interview. I'm a realtor and mortgage broker in Florida. Not only did I find you intelligent and polished but beautiful as well. Wishing you a Happy New Year!"
Tuesday, May 4, 2010
U.S. Pending Home Sales Rise by 5.3% in March 2010
Taken from: WASHINGTON (MarketWatch) -- Supported by a tax credit, the pending home sales index rose a seasonally adjusted 5.3% in March, and was up 21.1% compared with a year earlier, the National Association of Realtors said Tuesday. In February, the index rose 8.3%, compared with an earlier estimate of an 8.2% gain. For March sales contracts rose 12.7% in the South, 1.9% in the West and 1.2% in the Midwest. Contracts declined 3.3% in the Northeast.
The Tax Credit is now gone and housing may slow but in time natural forces will start moving the market forward. Lawrence Yun of the NAR expects things to pick up second half of 2010. The housing market will indeed need time to recover and the recovery will be tied closely to jobs, the deficit, taxes and productivity in the U.S.
Thoughts on owning a home and investing in Real Estate:
1. The lesson to take from the housing collapse is not that real estate or home ownership is a bad investment but that buying and selling real estate should be taken seriously and should be done with knowledge and with preparation for long-term ownership.
2. It is a long-term investment that for many, over the long-term, has provided a wealth or higher standard of living they could not have achieved by working in their field.
3. Putting money in the bank as Warren Buffet stated, "is a poor investment". Some day inflation will return and real estate prices will go up- equity will be earned and those homeowners can then take that equity and invest it or use it to MOVE UP to a bigger home or one in a better location.
4. You need a place to live so this investment offers something most other investments do not offer- no matter what happens in the market, that property will still exist.
5. The majority of homeowners with a loan WERE RESPONSIBLE and needed no assistance.
6. If regulations better limit borrowers perhaps this will never happen again... if not.... we will see something like this down the road.
The Tax Credit is now gone and housing may slow but in time natural forces will start moving the market forward. Lawrence Yun of the NAR expects things to pick up second half of 2010. The housing market will indeed need time to recover and the recovery will be tied closely to jobs, the deficit, taxes and productivity in the U.S.
Thoughts on owning a home and investing in Real Estate:
1. The lesson to take from the housing collapse is not that real estate or home ownership is a bad investment but that buying and selling real estate should be taken seriously and should be done with knowledge and with preparation for long-term ownership.
2. It is a long-term investment that for many, over the long-term, has provided a wealth or higher standard of living they could not have achieved by working in their field.
3. Putting money in the bank as Warren Buffet stated, "is a poor investment". Some day inflation will return and real estate prices will go up- equity will be earned and those homeowners can then take that equity and invest it or use it to MOVE UP to a bigger home or one in a better location.
4. You need a place to live so this investment offers something most other investments do not offer- no matter what happens in the market, that property will still exist.
5. The majority of homeowners with a loan WERE RESPONSIBLE and needed no assistance.
6. If regulations better limit borrowers perhaps this will never happen again... if not.... we will see something like this down the road.
Friday, April 30, 2010
Tax Credit for Home Buyers Expires TODAY
Yesterday I spoke with Neil Cavuto on the Fox Business show "CAVUTO" about the expiration of the tax credit. I went on the record saying that the tax credit was necessary to get buyers off the fence at a time there was so much fear in the marketplace. The tax credit targeted low-end housing (where the most distressed appeared) and first-time home buyers. At one point 50 percent of the buyers were first-time buyers so this tax credit worked. Latest reports now show that investors were responsible for 19 percent of the transactions in March. Most of these investors are not motivated by the tax credit or interest rates since a large number purchase with all cash. I stressed that it is the price that has brought investors back into the marketplace: therefore, we do not to give a tax credit when buyers are now buying in all price ranges because of attractive prices that exist today.
Consumer confidence is also much higher-in April it measured at 57.9 percent. February pending home sales are up and the number of homes sold nationally have been up year over year for the last 9 months. New home sales were up in March (and beat estimates) and the stock market has come back giving many the feeling of being wealthier than a year ago. This also could be one reason housing has shown strength.
Warren Buffet said the he does not agree that "cash is king" as he thinks cash is a poor investment. So if investing is the smart thing to do then buying real estate at a time when rates and prices are low is the way many people are moving. Almost anyone can understand how to buy and sell homes but investing the same amount in stocks is something most would need a far greater amount of knowledge and time to properly manage long-term.
Consumer confidence is also much higher-in April it measured at 57.9 percent. February pending home sales are up and the number of homes sold nationally have been up year over year for the last 9 months. New home sales were up in March (and beat estimates) and the stock market has come back giving many the feeling of being wealthier than a year ago. This also could be one reason housing has shown strength.
Warren Buffet said the he does not agree that "cash is king" as he thinks cash is a poor investment. So if investing is the smart thing to do then buying real estate at a time when rates and prices are low is the way many people are moving. Almost anyone can understand how to buy and sell homes but investing the same amount in stocks is something most would need a far greater amount of knowledge and time to properly manage long-term.
Monday, March 29, 2010
Connie Appeared on Fox Business to Discuss New Housing Plan
Connie appeared with David Asman to discuss this new plan to help keep more people in their homes and if it is fair. To see the clip just click on this link: Here are a few comments from that appearance.
Mark Whittington commenting on administrations new idea for housing.
"Horrible, all they are doing is delaying a real recovery at an huge cost.
Obama said it won't cost anything cuz they are using TARP money. Where the hell does he think that's coming from, the tooth fairy?"
Roberto Magalhaes commenting on appearance regarding the new housing plan to help borrowers: "In a free market, everyone and anyone needs to stand to lose-
accountability is key. It would be great if Fox had you on additional panels !!!"
Mark Whittington commenting on administrations new idea for housing.
"Horrible, all they are doing is delaying a real recovery at an huge cost.
Obama said it won't cost anything cuz they are using TARP money. Where the hell does he think that's coming from, the tooth fairy?"
Roberto Magalhaes commenting on appearance regarding the new housing plan to help borrowers: "In a free market, everyone and anyone needs to stand to lose-
accountability is key. It would be great if Fox had you on additional panels !!!"
Wednesday, March 10, 2010
Administration Pressured To Give People Good News- Can They Help Housing Recover Faster?
The Administration is probably under a lot of pressure to help housing since so many have been affected by it. The tax credits were easy to apply and did help. Extending the tax credit and expanding it was a good idea but this new idea to possibly require lenders to modify is a scary scenario that could backfire as lenders may then raise fees to cover their risk. I do think that offerring an incentive to servicers of loans is a good idea and especially for the servicer of the second loan since they have often been the problem. Nevertheless, the idea to offer homeowners tax payer money to relocate when they defaulted on a loan is wrong in the short-term and even worse in the long-term. Should government be the parent? Will the government take care of those struggling to pay car loans, credit cards? Where will it end and how is this good for the country? Do we want to make it easier for people to depend on the government? I thought this Country put faith in the people.
Here's what is happening in Real Estate Today:
The housing market needs time to recover and the recovery most likely will be slow and will depend on how quickly jobs are created. There is no quick fix.
1. Commercial Real Estate is a problem that lenders are currently trying to work out with borrowers. There are many properties going back to the lenders while there are terrific opportunities for> qualified investors to pick up these properties at about half what it may have been 2 years ago! There are plenty of investors ready to buy distressed commercial properties.
2. Residential is picking up due to lower prices and tax credits that pushed the low-end home buyers initially and now with Sellers lowering their prices in all markets, more traditional sales are occuring and>> more higherd homes are moving. There is still a problem getting bigger loans (jumbos) and this has shut out many buyers.
3. Today buyer's expect a DEAL. If your property is priced too high, it may be ignored by buyers today.
4. Many buyers wasted a lot of time and money chasing distressed sales>> and lost to other buyers or wasted a lot of their time and money chasing short-sales. If a short-sale was placed on the market without approval from the lender then it could take months or in my case, 5 months, before approval. Many buyers can't wait that long and after waiting there is no guarantee it will be approved so the buyer may have to> start looking all over again.
Here's what is happening in Real Estate Today:
The housing market needs time to recover and the recovery most likely will be slow and will depend on how quickly jobs are created. There is no quick fix.
1. Commercial Real Estate is a problem that lenders are currently trying to work out with borrowers. There are many properties going back to the lenders while there are terrific opportunities for> qualified investors to pick up these properties at about half what it may have been 2 years ago! There are plenty of investors ready to buy distressed commercial properties.
2. Residential is picking up due to lower prices and tax credits that pushed the low-end home buyers initially and now with Sellers lowering their prices in all markets, more traditional sales are occuring and>> more higherd homes are moving. There is still a problem getting bigger loans (jumbos) and this has shut out many buyers.
3. Today buyer's expect a DEAL. If your property is priced too high, it may be ignored by buyers today.
4. Many buyers wasted a lot of time and money chasing distressed sales>> and lost to other buyers or wasted a lot of their time and money chasing short-sales. If a short-sale was placed on the market without approval from the lender then it could take months or in my case, 5 months, before approval. Many buyers can't wait that long and after waiting there is no guarantee it will be approved so the buyer may have to> start looking all over again.
Monday, February 22, 2010
Will Washington Extend The Tax Credit For Buyers past April 30th?
Taken from the Wall Street Journal-online
The National Association of Realtors and other industry groups are beginning to make the rounds on Capitol Hill to press their case, which goes something like this: We know you’ve extended the tax credit two times already, but the housing market is still fragile, the tax credit is working, and don’t forget– you’re up for re-election soon. In other words, do you really want to own the next leg down in home prices?
They’ll also make their case by reminding pols that a series of other market supports are being removed, the largest of which is the Federal Reserve’s purchases of $1.25 trillion in mortgage-backed securities that expires next month and has pushed mortgage rates to postwar lows for much of the past year. The Federal Housing Administration is also under pressure to pull back its lending, and more foreclosures could add to the housing inventory as borrowers fail to qualify for modifications.
Industry groups are also pushing the argument that the credit should be extended because it’s taking so long for banks to approve short sales, where lenders agree to a sale for less than the value of the mortgage.
To recap, Congress first passed a $7,500 tax credit in 2008 for first-time buyers, but that credit had to be repaid over 15 years. When it expired one year ago, Congress extended it, expanded it to $8,000, and said it wouldn’t have to be paid back. Just before that credit was to expire last December, Congress extended it again, until April 30 (sales contracts signed by April 30 have until June 30 to close). A new credit of $6,500 was created for current home-buyers. “There’s nothing more permanent in Washington than a temporary tax credit,” jokes Howard Glaser, a housing-industry consultant.
This time, the lobbyists certainly have their work cut out for them. For one, industry groups last time swore that the last tax credit extension would be, well, the last extension. To secure the deal, the lawmaker who shepherded that effort through Congress, Sen. Johnny Isakson (R., Ga.), made clear at the time that extending it again would be a nonstarter. (His spokeswoman says that he has no plans to offer any legislation extending the credit. “Part of the benefit of the tax credit is the urgency of it sunsetting,” said spokeswoman Sheridan Watson.) Economists mostly agree that the tax credit has helped to goose demand and sell more homes, though there’s still considerable debate over just how many homes would have sold anyway.
Mark Zandi, chief economist at Moody’s Economy.com, pushed to extend the tax credit last fall but says now it’s time to let it expire. “It’s worn out its benefit,” he says. “If you extend it again, it isn’t going to do much, and what you’re doing is providing a tax break to folks who bought anyway.”
The National Association of Realtors and other industry groups are beginning to make the rounds on Capitol Hill to press their case, which goes something like this: We know you’ve extended the tax credit two times already, but the housing market is still fragile, the tax credit is working, and don’t forget– you’re up for re-election soon. In other words, do you really want to own the next leg down in home prices?
They’ll also make their case by reminding pols that a series of other market supports are being removed, the largest of which is the Federal Reserve’s purchases of $1.25 trillion in mortgage-backed securities that expires next month and has pushed mortgage rates to postwar lows for much of the past year. The Federal Housing Administration is also under pressure to pull back its lending, and more foreclosures could add to the housing inventory as borrowers fail to qualify for modifications.
Industry groups are also pushing the argument that the credit should be extended because it’s taking so long for banks to approve short sales, where lenders agree to a sale for less than the value of the mortgage.
To recap, Congress first passed a $7,500 tax credit in 2008 for first-time buyers, but that credit had to be repaid over 15 years. When it expired one year ago, Congress extended it, expanded it to $8,000, and said it wouldn’t have to be paid back. Just before that credit was to expire last December, Congress extended it again, until April 30 (sales contracts signed by April 30 have until June 30 to close). A new credit of $6,500 was created for current home-buyers. “There’s nothing more permanent in Washington than a temporary tax credit,” jokes Howard Glaser, a housing-industry consultant.
This time, the lobbyists certainly have their work cut out for them. For one, industry groups last time swore that the last tax credit extension would be, well, the last extension. To secure the deal, the lawmaker who shepherded that effort through Congress, Sen. Johnny Isakson (R., Ga.), made clear at the time that extending it again would be a nonstarter. (His spokeswoman says that he has no plans to offer any legislation extending the credit. “Part of the benefit of the tax credit is the urgency of it sunsetting,” said spokeswoman Sheridan Watson.) Economists mostly agree that the tax credit has helped to goose demand and sell more homes, though there’s still considerable debate over just how many homes would have sold anyway.
Mark Zandi, chief economist at Moody’s Economy.com, pushed to extend the tax credit last fall but says now it’s time to let it expire. “It’s worn out its benefit,” he says. “If you extend it again, it isn’t going to do much, and what you’re doing is providing a tax break to folks who bought anyway.”
Tuesday, February 16, 2010
SELLING YOUR HOME IN 2010
Connie De Groot, a licensed Realtor and Broker in Los Angeles:
Dear Home Seller,
The 2 largest challenges I face selling homes today are finding a Buyer that has confidence to buy in these uncertain times and one who can also obtain a loan with today's higher lending standards.
Here are some helpful tips, that if you follow all of them, you will have an advantage Selling in today’s market.
1. Studies have shown that most buyers make up their minds within minutes of seeing a property. The first impression is often made at curbside and the remaining time is spent justifying that first impression. Give your home a good first impression and here's how to do it:
Have the Seller drive by all comparable homes in the neighborhood and take notes on each home. Finally, have them stand in front of their home and have them compare their home to all the others based on the notes taken. I have found that the Seller does see what needs can be done to give their home an edge. Improvements can be as simple as nice pots with small bushes or flowers at the door, replacing dying lawn with fresh grass, painting trims, a new front door.....the trick is to make it fun and for the Seller to see it as a "race" where the best Seller wins!
2. It is so hard to get an offer today that it is sad when escrows fall apart because a home didn't appraise out or because there were too many issues that came up in the inspection. Sellers need to know their home better than a buyer and before they receive an offer from a buyer. Get an appraisal so that you are reasonably sure of your home's value and get a home inspection and fix those small issues because many buyers do not understand what are big costly issues and what are very minor. You want the buyer to know they are buying a well cared for home.
3. Buyer's decide on price because of the value they conclude. Since home buyers are often swayed by FEELING, if you have fireplaces, nice lighting, water features, anything that adds to the look and overall feeling of the home, PLEASE HAVE IT ON AND WORKING WHEN THE BUYER ARRIVES. I don't care if it is summer, turn that fireplace ON! The buyer will start to think how cozy it will be in the winter to sit in that room next to the fireplace or how lovely a room will be to entertain. You must give buyers the COMPLETE HOME EXPERIENCE.
4. Size, number of rooms and use of rooms are all things that add up to VALUE in the buyer's mind and to a higher offer for YOU. Small rooms should never be left empty since they look smaller and are often forgotten by most buyers when they are writing an offer to purchase. You should always fill those small spaces by putting a bed or giving it a MEMORABLE USE so that room is taken into consideration by the buyer and considered in their assessment of your home's overall value.
5. This point has been spoken of often but still many Sellers do not fully understand: "Take YOU out of the home so that the buyer can see himself/herself living there". So take some of the photos down or anything that can distract the buyer from the great features your home has to offer a buyer.
6. Many times. when people move, they think about buying new furniture for their new home. If you are one of those Sellers, do not let the buyer know you will leave couches, TV's, etc. wait until their is a problem in the deal such as an agreement in the purchase price, a renegotiation after the inspection or if the buyer is feeling less confident they have a "GOOD DEAL". If you are at such a critical point, offering those items then will give that buyer a good feeling they got more and it will not cost you anything since you might have been planning to donate those items anyway!
7. A point often discussed by many real estate professions is to keep your decor in neutral tones. The reason this advice is very good advice is because you want to appeal to the greatest number of people. Try it, it really works!
8. As a child I use to go with my father to open houses and just loved to look at the model homes because everything was decorated so nicely. If you are near any model homes, I strongly suggest going to look at their choice of color & design and ask yourself the question, "Why do I feel so good in this space" . The answer is what you need to apply to your own home! Besides, you will also get some great decorating tips!
Good luck out there!!Connie De GrootRealtor/Broker
Dear Home Seller,
The 2 largest challenges I face selling homes today are finding a Buyer that has confidence to buy in these uncertain times and one who can also obtain a loan with today's higher lending standards.
Here are some helpful tips, that if you follow all of them, you will have an advantage Selling in today’s market.
1. Studies have shown that most buyers make up their minds within minutes of seeing a property. The first impression is often made at curbside and the remaining time is spent justifying that first impression. Give your home a good first impression and here's how to do it:
Have the Seller drive by all comparable homes in the neighborhood and take notes on each home. Finally, have them stand in front of their home and have them compare their home to all the others based on the notes taken. I have found that the Seller does see what needs can be done to give their home an edge. Improvements can be as simple as nice pots with small bushes or flowers at the door, replacing dying lawn with fresh grass, painting trims, a new front door.....the trick is to make it fun and for the Seller to see it as a "race" where the best Seller wins!
2. It is so hard to get an offer today that it is sad when escrows fall apart because a home didn't appraise out or because there were too many issues that came up in the inspection. Sellers need to know their home better than a buyer and before they receive an offer from a buyer. Get an appraisal so that you are reasonably sure of your home's value and get a home inspection and fix those small issues because many buyers do not understand what are big costly issues and what are very minor. You want the buyer to know they are buying a well cared for home.
3. Buyer's decide on price because of the value they conclude. Since home buyers are often swayed by FEELING, if you have fireplaces, nice lighting, water features, anything that adds to the look and overall feeling of the home, PLEASE HAVE IT ON AND WORKING WHEN THE BUYER ARRIVES. I don't care if it is summer, turn that fireplace ON! The buyer will start to think how cozy it will be in the winter to sit in that room next to the fireplace or how lovely a room will be to entertain. You must give buyers the COMPLETE HOME EXPERIENCE.
4. Size, number of rooms and use of rooms are all things that add up to VALUE in the buyer's mind and to a higher offer for YOU. Small rooms should never be left empty since they look smaller and are often forgotten by most buyers when they are writing an offer to purchase. You should always fill those small spaces by putting a bed or giving it a MEMORABLE USE so that room is taken into consideration by the buyer and considered in their assessment of your home's overall value.
5. This point has been spoken of often but still many Sellers do not fully understand: "Take YOU out of the home so that the buyer can see himself/herself living there". So take some of the photos down or anything that can distract the buyer from the great features your home has to offer a buyer.
6. Many times. when people move, they think about buying new furniture for their new home. If you are one of those Sellers, do not let the buyer know you will leave couches, TV's, etc. wait until their is a problem in the deal such as an agreement in the purchase price, a renegotiation after the inspection or if the buyer is feeling less confident they have a "GOOD DEAL". If you are at such a critical point, offering those items then will give that buyer a good feeling they got more and it will not cost you anything since you might have been planning to donate those items anyway!
7. A point often discussed by many real estate professions is to keep your decor in neutral tones. The reason this advice is very good advice is because you want to appeal to the greatest number of people. Try it, it really works!
8. As a child I use to go with my father to open houses and just loved to look at the model homes because everything was decorated so nicely. If you are near any model homes, I strongly suggest going to look at their choice of color & design and ask yourself the question, "Why do I feel so good in this space" . The answer is what you need to apply to your own home! Besides, you will also get some great decorating tips!
Good luck out there!!Connie De GrootRealtor/Broker
Friday, January 8, 2010
HAPPY NEW YEAR ! HERE IS YOUR 90210 MARKET UPDATE
Hope everyone enjoyed the holidays! Welcome to 2010 and a new year of opportunity! I just wanted to let you know that, although the year is just days old, some homes have already closed escrow!
Homes that SOLD/CLOSED in BEVERLY HILLS 90210 JAN 1- JAN 8
BHPO 2654 Eden Pl., 211 Days On The Market, SOLD At $ 3,100,000, Listed At $ 3,995,000
1704 Ambassador Ave, 55 Days On The Market, SOLD At $ 2,450,000, Listed At $ 2,799,000
616 N Linden Dr., 82 Days On The Market, SOLD At $ 100, Listed At $ 3,499,999
Homes currently PENDING in BEVERLY HILLS 90210 as of Jan 8
9770 Glenside Pl., 433 Days On The Market, Reduced to: 2,995,000, Originally Listed At $ 4,995,000
Looking to sell in this new year.... call Connie!
_________________________________________________________
Homes that SOLD/CLOSED in BEVERLY HILLS 90210 JAN 1- JAN 8
BHPO 2654 Eden Pl., 211 Days On The Market, SOLD At $ 3,100,000, Listed At $ 3,995,000
1704 Ambassador Ave, 55 Days On The Market, SOLD At $ 2,450,000, Listed At $ 2,799,000
616 N Linden Dr., 82 Days On The Market, SOLD At $ 100, Listed At $ 3,499,999
Homes currently PENDING in BEVERLY HILLS 90210 as of Jan 8
9770 Glenside Pl., 433 Days On The Market, Reduced to: 2,995,000, Originally Listed At $ 4,995,000
Looking to sell in this new year.... call Connie!
_________________________________________________________
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