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What Does It Mean To Be An Aggressive Agent?

Direct link to YouTube video? That's my take.  What do you think? … [Read more...]

Is It Really a Buyer’s Market in Big Bear?

Direct link to the YouTube video. Depends on how you look at it? Sure, there are over 600 homes for sale in Big Bear right now. But, how many are truly saleable? I'd say less than 10%. By saleable, I mean priced correctly, clean and easy to show, and it isn't a short sale with no chance of getting approved. So, we've got less than 70 homes on the real estate market in Big Bear that are actually decent options for buyers to look at. When that happens, the buyers are all competing for the same ones. In that … [Read more...]

What Do Cash Buyers Know That Others Don’t?

Now is the time to buy! Here's a quick video I did on the cash sales in Big Bear along with two conclusions I came to. Direct link to the YouTube video. 1.  People with cash are moving to real estate as a good investment.  They are thinking prices are near the bottom and now is the time to buy. 2.  Just because you are paying cash, do not expect a huge discount off of the sales price.  In Big Bear, you can expect an average of 2% savings for paying with cash as compared to paying with a loan. As discussed in … [Read more...]

When is the Best Time to Buy or Sell in Big Bear?

Click here to see embedded video. There are several ways to answer this question. From a seller's standpoint, the first four months of the year are the slowest for real estate sales in Big Bear.  But, there is also less competition on the market during these months, which means there are less homes for buyers to choose from.  It is always a good thing for sellers whenever you have less competition, even if these are fewer buyers  out there.  So, I'd say the best time to sell in Big Bear is going to be earlier in … [Read more...]

What the Internet Won’t Tell You About A Big Bear Property

The internet has changed a lot of things in our industry over the past 10 years. When I first started selling real estate in 1999 (which wasn't THAT long ago) everyone relied on printed MLS books which were issued every other week as their primary source for current information. Yes, we did have an MLS online, but with dial-up it was a pain in the neck looking up stuff and the old MLS didn't even have photos online! It was very archaic. Fast forward to 2011, within seconds a potential buyer can "google earth" a … [Read more...]

Big Bear Real Estate Market Predictions 2011 for Buyers

I specialize in working with real estate buyers in Big Bear Lake, CA where 2nd homes in a resort town makeup a majority of our market sales. This is an interesting article I came across with some insight of what we may expect for this 2011 real estate market. In the article, Tara-Nicholle Nelson has put this in four categories. 1. Prices and mortgage rates will stay low in most areas. This is good news for Buyers! This formula is perfect for the lowest monthly payment and will help Buyers have a chance to get … [Read more...]

Buyers, Read Those Disclosures First!

Link to embedded video. Here's the gist - before you make an offer on a property in Big Bear, be sure to review the seller's property disclosures first. The property disclosures contain lots of important nuggets, some of which may affect your decision to buy the property. What I see most of the time is buyers make an offer, spend several days negotiating back and forth, and finally come to an agreement with the seller. Then, days later when they finally review the property disclosures, they realize there are … [Read more...]

Agent Representation is a Two-Way Street

Click here to see embedded YouTube video. Here's the gist - just because your agent does not agree with you does not mean they are not representing you.  Much of the value a real estate agent provides lies in their knowledge and experience.  They've been down this road a lot of times in the past. So, when a buyer or seller is looking like they might be getting ready to jump off a real estate cliff so to speak, most agents are going to warn their clients ahead of time and give them advice.  This can come across as … [Read more...]

The Market Doesn’t Lie.

"I want to buy something in Big Bear at 50% of the market value." Yeah, you and everyone else.  There are plenty of buyers out there, even in today's market, that would love to do that. I hear this a lot from buyers but it is an unrealistic expectation in today's information age.  The only way you are going to "steal" a property in this market is if few agents or buyers actually know about it.  Most properties that are sold today are through real estate agents and the MLS.   And the one thing you can expect is … [Read more...]

How to Be a Fantastic Buyer’s Agent

Early this week I had the pleasure of meeting a great couple who were looking for a new buyer’s agent in my area. They had been working with a different Realtor for almost a year and had not had any success in purchasing a vacation home in Big Bear. As I listened to their story, it became more and more evident that they had been using somebody who was not versed in the art of being a superior agent for their client’s. Many Realtors seem to think that all there is to representing a buyer is getting them in the car … [Read more...]