I've had a few appraisals come in low the past couple weeks, and both times the buyers chose to back out of the deal. While this certainly happens from time to time, and is part of the real estate process, there are some things to keep in mind when talking about appraisals. As the video points out, appraisals are not fact. Rather, they are the opinion of one individual appraiser. While you would expect most appraisers to agree and come to the same value on a property, they don't. This is because some … [Read more...]
Ten Signs Your Big Bear Home May Be Overpriced
September 2, 2011 by Leave a Comment
High Timber Ranch, Moonridge It takes an experienced agent to accurately price your home and guide you through the selling process. Unfortunately, many homeowners have ignored the prevailing logic and listed with inexperienced agents that only tell them what they want to hear instead of what they need to know. If you’re wondering why your home hasn’t sold, here are ten sure signs that your home is overpriced. 10. The last time your home was shown a Bush was in the white house. 9. The only visitor to your last open … [Read more...]
Big Bear Real Estate Basics
August 29, 2011 by Leave a Comment
Big Bear real estate is experiencing a buyers market, but unfortunately (or fortunately) it won’t last forever. Very few people saw the market correction coming and when the sellers market returns many people will be unprepared. It’s time to build your vocabulary and communicate your desire to invest in Big Bear real estate to the professionals at Tyler Wood Group. Here are a few of the more popular terms and their meanings. Amortization The loan payment consists of a portion which will be applied to pay the … [Read more...]
7 Things That May Blow Up Your Big Bear Real Estate Deal
July 20, 2011 by Leave a Comment
Few things are more frustrating in life than a real estate deal gone bad. Here are some of the most important things I've learned that Big Bear real estate buyers and sellers can focus on in order to ensure a successful real estate transaction. Communication - Or maybe I should say, "the lack thereof." A real estate transaction has a lot of moving parts : buyers, sellers, buyer's agent, seller's agent, escrow co, title co, lender, appraiser, home inspector, termite inspector and … [Read more...]
Big Bear Sellers – Don’t Let Your Agent Make This Mistake.
June 17, 2011 by 2 Comments
Direct link to YouTube video "You've only got one chance to make a first impression." I am sure many of you have heard this saying countless times in the past. Well, it applies just as much in the Big Bear real estate world as well. One of our jobs as real estate agents is to market the properties we sell in the best light in order to get top dollar for our clients. That said, it always fascinates me when I see such a poor job being done by some listing agents (those representing the property sellers). And … [Read more...]
Does Your Big Bear Home Have Wiggle Room?
May 30, 2011 by Leave a Comment
Direct link to the YouTube video. … [Read more...]
Does Your Big Bear Home Have The “Cabiny” Feel?
May 23, 2011 by Leave a Comment
Link to YouTube Video. If not, selling your Big Bear home is going to be a litte tougher. Nearly 80% of the real estate buyers in Big Bear come from out of the area, and they are looking for a second home retreat. That said, the vast majority of these buyers are looking for something completely different than their primary home - a woodsy, cabin retreat. They want a home with lots of wood or logs, T&G (tongue & groove) wood, high ceilings, heavy beams, & a rustic fireplace. So, if your property … [Read more...]
The Chicken or The Egg in Big Bear Real Estate?
May 19, 2011 by 2 Comments
YouTube video link. Most sellers think that as long as their property is on the market, buyers are going to look at it. They neglect the fact that many buyers make the decision if they want to see the home before they actually go out to it in person. With so much information available online, buyers are quick to dismiss the properties that miss the mark in one way or another. And it is not that they aren't seeing all of the listings. Unless the buyer lives in the Osama Bin Laden compound with no internet access … [Read more...]
What Do Real Estate and Weather Reports Have In Common?
May 16, 2011 by Leave a Comment
Link to YouTube video. They are most accurate when describing local conditions. I wrote a post several years ago on this same topic but it is still just as important today - especially given all the news about homes prices, sales numbers, and foreclosures that get published every month. The key point is this - just as you wouldn't watch a weather report in San Francisco (insert any other City name here other than Big Bear) and assume it must be the same weather conditions in Big Bear, you shouldn't take advice … [Read more...]
Sellers Respond Better to a Written Offer.
April 23, 2011 by 2 Comments
[youtube]https://www.youtube.com/watch?v=9plp0akOuYI[/youtube] Direct link to YouTube video. Sellers respond better to actions than words. Recently I have had lots of calls on my listings from agents representing buyers interested in knowing if we get any offers. I have even had my own buyers tell me to let them know if we get an offer on a home that they are interested in. I want to remind everyone of a rule that applies to many things in life, ACTIONS SPEAK LOUDER THAN WORDS. Real Estate is a … [Read more...]
