An informational source for people who are relocating, with a particular focus on moving to the Carlsbad area of North County San Diego (and nearby coastal communities), with advice, guidance and true stories to help you on your way and make it a great journey, from a REALTOR� with plenty of personal (4 major moves, most recently from Boston to Carlsbad, California) and professional relocation experience. Are you running into problems selling your home? Need to find a new one quickly? Never moved before and haven't a clue? You'll find some great tips on how to solve your relocation issues here. Or ask me a question any time and I'll share some solutions or tell you where to get more information.
CA DRE License #01490977
Here are 9 Benefits of Working with an Agent Who is Blogging
A couple of years ago blogging was almost an unknown, certainly not common knowledge.
Some agents and other real estate professional were involved but not to the extent we see today. Similarly, use of the Internet by buyers and sellers continues to grow dramatically – it is hard to find a consumer who isn’t searching for homes, and learning about real estate and agents, on-line.
Consumers these days have many advantages by working with a REALTOR (and other real estate professionals – stagers, mortgage officers, title and escrow folks, inspectors and so on) who blogs.
Real estate professionals, as well, derive many advantages in their blogging for consumers. Those of you who blog regularly know this; those who don’t (but you are reading this, right?), listen up!
If I can provide more information about Carlsbad and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by
phone or text at (760) 840-1360 or email me at JDowler@remax.net.
Are you finding yourself working with a mediocre Buyer Agent who just does not seem to get it? Are you feeling that he or she is doing a substandard, or poor, job? Does this agent not seem to be representing YOUR interests, as you expected and hoped?
Or, if you have not yet made that decision to hire an agent, are you concerned about having to face these issues by hiring the wrong person?
Unfortunately, this is not an uncommon occurrence in the world of real estate. And as an agent, I am embarassed to admit that. Yes, it's a tough job - there is a lot of work to do, problems to solve, and things do not always go the way you and your client would like.
Some agents just don't act as if they care about their job or how well they do it
Some are only focussed on making the commission, rather than their main focus being YOU, the client.
There are agents who do not follow-up in a timely manner (say, making appointments, answering questions, or responding to your calls and emails)
Others do not seem to know all that they should be doing to represent you in the transaction., or they don't understand the paperwork or disclosures well enough to explain them to you
Here is the final post in this series on "What Does a Realtor do in a Sale." If you missed any of the earlier posts, you can read them here (Part 1, Part 2, Part 3, Part 4 and Part 5).
The Appraisal
Check to make sure the bank has scheduled the appraisal
If necessary, provide comparable sales used in market pricing to Appraiser
Follow-Up On Appraisal to ensure timely processing with lender
Notify buyer’s agent when appraisal has been completed
Preparing for Closing
Make sure all paperwork is reviewed and signed, and apporpriate copies provided to the necessary personnel
Ensure all parties have all forms and information needed to close the sale
Confirm closing date and time with individual handling the closing (varies by state)
If necessary, assist in solving any title problems (boundary disputes, easements, etc.) or in obtaining Death Certificates
Coordinate with buyer's agent for final walk-thru prior to closing
If appropriate in the state, obtain and review closing figures to ensure accuracy of preparation
If applicable, arrange for "Home Owners Warranty" before closing
Attend closing (again, this will vary from state to state)
Make necessary changes in MLS to reflect sold status
Close out listing in MLS and office files
Send thank you card to buyer’s agent
Make sure checks are distributed appropriately
Assist seller with any last minute issues at closing or afterwards
Part 4 of this series on "What Does a REALTOR do in a Sale" focuses on activities once an offer is obtained. If you missed any of the earlier posts, you can read them here (Part 1, Part 2, and Part 3).
The Offer and Contract
Receive and review all offers submitted by buyers or buyer's agents; make sure all information is submitted, including pre-approval letter and copy of deposit check
Present all offers to seller as soon as possible, preferably face-to-face; provide written copy to seller for review (some buyer agents may request permission to present the offers themselves to the listing agent and sellers).
Counsel seller on offers and answer all questions. Discuss merits and weaknesses of each offer
Review buyer's qualifications and discuss offer with buyer's agent
Negotiate offers on seller's behalf
With sellers, prepare and convey any counteroffers, acceptance or amendments to buyer's agent(s)
Ensure necessary paperwork flow between sellers and buyers regarding offer, counteroffers, etc.
Once offer has been accepted and signed by seller, deliver signed offer to buyer's agent and provide copy to office file
Record and promptly deposit buyer's earnest money in escrow account (process varies by state)
If property will continue to be shown determine "Under-Contract Showing Restrictions" (depending on seller’s request)
Cancel planned public and broker open houses if applicable
Advise seller in handling any additional offers to purchase that may be submitted between contract and closing
Change status in MLS to reflect being under contract
Since the process of making and finalizing offers may vary quite a bit from state to state, there may be many other activities that your REALTOR will engage in during this phase. If there are any questions, please feel free to let me know.
Part 3 of this series on "What Does a REALTOR Do in a Sale?" is fairly lengthy, as it focuses on the activities a REALTOR might engage in while marketing a home. Not all agents will be this comprehensive, and some situations will not required the same amount of type of marketing.
Review current title information, establish square footage, examine plot plan if available, verify loan information
Prepare showing instructions for buyers' agents and agree on showing times/requirements with seller
Identify Home Owner or Condominium (if applicable) Association manager or contact, if applicable, and determine condo/HOA fees
Request copy of Condominium Association bylaws and Master Deed, if applicable
Prepare detailed list of property amenities and assess market impact
Have extra key made for lockbox (if used) and for office
If leased property, obtain copies of lease(s); verify rents and deposits
Install signage, brochure box and lockbox
Finalize marketing plan
Discuss how offers are to be handled, especially in a multiple offer situation
Discuss dual agency and what it means
Take additional photos for MLS, flyers and advertising
Enter listing into MLS, including photos, and proofread; email copy to seller for review
Provide seller with signed copy of the Listing Agreement and a printout of the MLS Listing within 48 hours; revise MLS listing as needed per seller’s feedback
Marketing The Listing
Create print and Internet ads
Determine dates for Public and Broker Open Houses and confirm with sellers
Communicate dates and times of Broker Open Houses to area brokers
Coordinate showings with owners, tenants, and other Realtors
Prepare flyers & feedback faxes
Ensure copies of marketing brochure are available at the property and in the Brochure box
Record 24-hour 800# Hotline property information (if used - most agents don't do this as I do)
Email new listing to all contacts and current buyers
Upload listing to company website, personal website and other Internet sites used in marketing plan
Mail "Just Listed" notice to all neighborhood residents
Reprint/supply brochures promptly as needed
Feedback e-mails/faxes sent to buyers' agents after showings
Discuss feedback from showing agents with seller to determine if changes will accelerate the sale
Provide regular feedback to sellers based on agreed-upon timing/method (phone, fax, email)
The role of a REALTOR in the sale of a house is complex, far more so than many buyers and sellers realize. This is because many of the acitvities go on behind the scenes.
Since you are going to be working with a REALTOR to help sell your house during your relocation (unless you decide to chance doing it on your own - read my series on "Thinking about Selling Your Home Yourself."), it would be beneficial to you to understand what the role entails.
Here are some of the things a REALTOR does before even meeting with a seller to discuss a potential listing.
Pre-Listing Activities
Make appointment with seller for listing presentation
Confirm listing appointment and call to reconfirm
Review pre-appointment questions and information needed from seller
Provide Pre-Listing Information Package to seller (surprisingly, many agents DO NOT do this like I do)
Research all comparable currently listed properties
Research sales activity for the past 6 months (standard review period) from MLS and public records databases - in some markets, such as one where prices are rising or dropping, the time period is less
Research property tax roll information, property ownership, details of lots, legal description, zoning
Prepare "Comparable Market Analysis" (CMA) to establish fair market value - I do a RIGHT PRICE ANALYLSIS (see my website for more information on this)
Verify legal names of owner(s) in county's public property records
Prepare listing presentation package with above materials and MLS information
Perform exterior "Curb Appeal Assessment" of subject property
Make sure marketing materials are assembled to review with seller
Take pictures of property for mock up of feature sheet (again, not something a lot of agents do)
If I can answer any questions or provide other assistance, please let me know.