Secrets to Winning the Offer War (Part 3 of 4)

home sales

Here is Part Three of the four part series on winning the offer war. If you missed the first two,  here are the links to Part One about “PRICE” and Part Two about “TERMS.”  Today we’ll be looking at the third factor:

CONTINGENCIES

Once signed by buyer and seller, an offer becomes a contract.  Both sides are legally committed to its terms, which include advance agreement on how the contract can be cancelled.  These provisions are called contingencies; usually the main ones are for uncertainties buyers have about their financing, and about the property’s condition.

  •  Sellers tend to favor the highest offer, as we’ve noted before, but the best-informed sellers also pay close attention to an offer’s chances of leading to a successful sale.
  •  Strong pre-approval limits financing uncertainties.  In the present market, many sellers provide pre-sale disclosures and professional inspection reports.
  •  When advance information is extensive, sellers and their agents might read contingencies as unwarranted uncertainties.  Many offers are being presented just now, with neither financing nor inspection contingencies.
  •  The best-prepared buyer will have made a careful assessment of any risk in entering a purchase contract without contingencies.  A seasoned agent (like myself) can be a big help here.  If you MUST include contingencies, try to make them as short as possible.

Next week I will discuss the last, and very important forth factor, PERSONAL TOUCH, which I will cover in Part Four posting August 3rd.

If you’re pursuing your dream of home ownership, or if you want to sell an East Bay home, I can help.  Summer is a great time to buy or sell a home.

Also, if you’re moving to another area, I can refer you to a trustworthy Coldwell Banker agent wherever you want or need to go in the US or the world. Coldwell Banker is an international real estate company.

Just call me.  I’m easy to get a hold of.  As so many of us do, I carry my office with me wherever I go, so phone or text 510-418-1306  and you’ll probably reach me. I’m never too busy to take care of you– or your referrals–and I’ll make sure you’re glad you called. 

 Get to know me! Check me out on facebook or linkedIn.

If you want to get a feel for what’s going on in the East Bay Real Estate market check out my My Web Site to discover homes on the market–neighborhood by neighborhood–almost as soon as they’re posted on the MLS!

Chris Neddersen
Broker Associate
CalBRE #01143189
Coldwell Banker in Berkeley

“Let’s Get Moving!”

Warmer Weather Means More Outdoor Bay Area Fun 4U

JH Park

July is a special month for me. It holds a couple of milestones that our family celebrates.  First, the wife and I had a July wedding on Treasure Island many, unmentionable years ago. It was a gorgeous day, a beautiful ceremony, and we’ve had many happy years since then. Also, our first child was born in July.  Again, another bright, momentous day in our lives.
And speaking of bright, July is usually one of the sunnier months in the Bay Area calendar. Earlier this month, though, it’s felt more like Fall. I hold onto hope that Summer really is here as the days are getting warmer and brighter. I’m sure the fog is lying in wait and biding its time, but this week looks to be a warm one so let’s see what opportunities for outdoor enjoyment there are and make hay while the sun shines.

TUESDAY JULY 26TH
How about a free workout session at Fort Mason?

WEDNESDAY JULY 27TH
Political Comedy with the famous SF Mime Troupe

THURSDAY JULY 28TH
Natural fireworks: The Delta Aquarid Meteor Shower

FRIDAY JULY 29TH
Curious about those Cranes? Take a tour of the Port of Oakland

SATURDAY JULY 30TH
Berkeley Kite Festival Begins TODAY

SUNDAY JULY 31ST
Get your Shakespeare on! See The Tempest at John Hinkel Park

Whatever you do, whatever you’ve got to celebrate, have a wonderful July Finale!

If you’re pursuing your dream of home ownership, or if you want to sell an East Bay home, I can help.  Summer is a great time to buy or sell a home.

Also, if you’re moving to another area, I can refer you to a trustworthy Coldwell Banker agent wherever you want or need to go in the US or the world. Coldwell Banker is an international real estate company.

Just call me.  I’m easy to get a hold of.  As so many of us do, I carry my office with me wherever I go, so phone or text 510-418-1306  and you’ll probably reach me. I’m never too busy to take care of you– or your referrals–and I’ll make sure you’re glad you called. 

 Get to know me! Check me out on facebook or linkedIn.

If you want to get a feel for what’s going on in the East Bay Real Estate market check out my My Web Site to discover homes on the market–neighborhood by neighborhood–almost as soon as they’re posted on the MLS!

Chris Neddersen
Broker Associate
CalBRE #01143189
Coldwell Banker in Berkeley

“Let’s Get Moving!”

Pokemon Go Crawl, and more Bay Area Entertainment

Ranch-house

I imagine you’re aware of Pokemon Go, the crazy, interactive game that gets people running around town looking for Pokemons. The Parents” Guide to Pokemons tells us this:

“Pokémon are creatures of all shapes and sizes who live in the wild or alongside humans. For the most part, Pokémon do not speak except to utter their names. Pokémon are raised and commanded by their owners (called “Trainers”). During their adventures, Pokémon grow and become more experienced and even, on occasion, evolve into stronger Pokémon. There are currently more than 700 creatures that inhabit the Pokémon universe.”

But it’s not just kids that “Gotta catch them all”.  Adults play the game too.  All you need is an Iphone and an App, and you’re set for the chase. This week, on Wednesday July 20th, there’s a Pokemon Go Crawl <(register at the link to your right) that will take you on a hunt all around San Francisco. Well, at least the game gets young and old outside and playing together.

If you have not caught Pokemon fever, here are some other activities around the Bay that you might enjoy.

TUESDAY JULY 19
Full Moon Tibetan Chanting Ceremony in Berkeley

WEDNESDAY JULY 20TH
Love Anchor Steam? Love Chocolate? You’ll love The Chapel

THURSDAY JULY 21ST
Live Story Slam in Oakland

FRIDAY JULY 22ND
Free Summer Circus in San Francisco

SATURDAY JULY 23RD
Oakland Knows Jack Guided Tour Bike Ride

SUNDAY JULY 24TH
Free Opera in the Park in Orinda

Have fun this week, and whether you’re chasing Pokemons or on the sidelines, be safe!

If you’re chasing your dream of home ownership, or if you want to sell an East Bay home, I can help. Also, if you’re moving to another area, I can refer you to a trustworthy Coldwell Banker agent wherever you want or need to go in the US or the world. Coldwell Banker is an international real estate company.

Just call me.  I’m easy to get a hold of.  As so many of us do, I carry my office with me wherever I go, so phone or text 510-418-1306  and you’ll probably reach me. I’m never too busy to take care of you– or your referrals–and I’ll make sure you’re glad you called. 

 Get to know me! Check me out on facebook or linkedIn.

If you want to get a feel for what’s going on in the East Bay Real Estate market check out my My Web Site to discover homes on the market–neighborhood by neighborhood–almost as soon as they’re posted on the MLS!

Chris Neddersen
Broker Associate
CalBRE #01143189
Coldwell Banker in Berkeley

“Let’s Get Moving!”

Secrets to Winning the Offer War (Part 2 of 4)

Businessman signs contract behind home architectural model

Here is Part Two of the four part series on winning the offer war. If you missed Part One, here’s the link to the piece about “Price”. Today we’ll be looking at the second factor:

TERMS:

  • Prominent among the details is the answer to, “How will you be paying?”  All cash with no need to seek approval for a loan is a strong offer, but some Sellers will accept financing contingencies when attached to a higher price. 
  • If you include a loan, always, always, always use a local lender.  Why? Because local lenders  KNOW THIS MARKET.  Most of the delays, disruption and loan failure come through an out of area lender’s unfamiliarity with local market conditions and regulations.
  • Sellers and listing agents will be on the lookout for ways your loan might go wrong.  Make your down payment as high a percentage of the asking price as possible—lenders are happiest making loans where you have at least 20% of your own money in the deal.
  • Date your close of escrow as close to the offer date as possible, which brings us to the third factor, Contingencies, which I will cover in Part Three posting July 22nd.

If you’re looking to write a winning offer, or to sell an East Bay home, I can help.

If you’re moving to another area, I can refer you to a trustworthy Coldwell Banker agent wherever you want or need to go in the US or the world. Coldwell Banker is an international real estate company. 

So call me.  I’m easy to get a hold of.  As so many of us do, I carry my office with me wherever I go, so phone or text 510-418-1306  and you’ll probably reach me. I’m never too busy to take care of you– or your referrals–and I’ll make sure you’re glad you called. 

Get to know me! Check me out on facebook or linkedIn.

If you want to get a feel for what’s going on in the East Bay Real Estate market check out my My Web Site to discover homes on the market–neighborhood by neighborhood–almost as soon as they’re posted on the MLS!

Chris Neddersen
Broker Associate
CalBRE #01143189
Coldwell Banker in Berkeley

“Let’s Get Moving!”

OUTDOOR THEATER + SIX OTHER BAY AREA EVENTS

Conner raises a glass with Falstaff

Summer Theater is rife in the Bay Area, and what a great way to spend time outdoors!  Bring a picnic lunch or dinner, a nice bottle of wine, some lawn chairs and relax as the performers present a play that takes you out out of time and mind. Suddenly you’re a part of a fantastic experience, a byplay between audience and performer that makes you feel you’re more than just a watcher, you’re doing your part to create a wonderful summertime memory–and best of all, sometimes it’s FREE. Here is a link that connects you with summer theatrics in the East Bay and below are six other event ideas I hope will enliven your summer.

TUESDAY JULY 12TH
Litquake is BACK with free poetry readings at Yerba Buena Gardens

WEDNESDAY JULY 13TH
Want to get into swimsuit trim? Try a bootcamp for free.

THURSDAY JULY 14TH
Free Game Night in Berkeley

FRIDAY JULY 14TH
See John Leguizamo at Books Inc

SATURDAY JULY 15TH
The Marriage of Figaro at John Hinkel Park in Berkeley.

SUNDAY JULY 16TH
Salsa Sundays in Berkeley

There’s a lot to do outdoors this week, and the weather looks great! Enjoy your week, and call me if you need to buy or sell a home because, if you’re looking to buy or sell an East Bay home, I can help.

If you’re moving to another area, I can refer you to a trustworthy Coldwell Banker agent wherever you want or need to go in the US or the world. Coldwell Banker is an international real estate company. 

So call me.  I’m easy to get a hold of.  As so many of us do, I carry my office with me wherever I go, so phone or text 510-418-1306  and you’ll probably reach me. I’m never too busy to take care of you– or your referrals–and I’ll make sure you’re glad you called. 

Get to know me! Check me out on facebook or linkedIn.

If you want to get a feel for what’s going on in the East Bay Real Estate market check out my My Web Site to discover homes on the market–neighborhood by neighborhood–almost as soon as they’re posted on the MLS!

Chris Neddersen
Broker Associate
CalBRE #01143189
Coldwell Banker in Berkeley

“Let’s Get Moving!”

Secrets to Winning the Offer War (Part 1 of 4)

Businessman signs contract behind home architectural model

TIRED OF NOT WINNING THE 0FFER WAR? HERE IS THE FIRST OF FOUR SECRETS FOR SUCCESS.

In a seller’s market, competition can be tough.  How do you get the edge when writing an offer? What do listing agents, and their clients, look for?  The three basics of a winning offer are Price, Terms and the Personal Touch.  If you’ve already been making offers this won’t be new to you, but if you haven’t won out yet, let’s take a closer look at the first of the three factors. Today we’ll take a short look at:

PRICE:
When Sellers see the dollars at the top of an offer’s first page there’s no escaping it: more are better.  In the present market, competition routinely drives selling prices well up over the original listed price…and yet, the highest offer isn’t always the one that gets accepted.  An offer is a contract hoping to be signed.  Real estate contracts are full of details.  Some of the details are fixed by law, and others you can manipulate to make your offer the one that turns into a contract.  These are the terms. We’ll cover those in part two which I will post on Friday July 15th.  Stay tuned!

If you’re looking to buy or sell an East Bay home, I can help.
If you’re moving to another area, I can refer you to a trustworthy Coldwell Banker agent wherever you want or need to go in the US or the world. Coldwell Banker is an international real estate company.
 

So call me.  I’m easy to get a hold of.  As so many of us do, I carry my office with me wherever I go, so phone or text 510-418-1306  and you’ll probably reach me. I’m never too busy to take care of you– or your referrals–and I’ll make sure you’re glad you called. 

Get to know me! Check me out on facebook or linkedIn.

If you want to get a feel for what’s going on in the East Bay Real Estate market check out my My Web Site to discover homes on the market–neighborhood by neighborhood–almost as soon as they’re posted on the MLS!

Chris Neddersen
Broker Associate
CalBRE #01143189
Coldwell Banker in Berkeley

“Let’s Get Moving!”

The REAL magic of Staging

staging

Now You See It, Now You Don’t

In the early days of my career, agents rarely staged a home. Now they do, and after touring hundreds of homes here’s something I’ve learned: Don’t trust your eyes.

Stagers are gifted in bringing out the best in a home and downplaying any flaws.

In a small home, for example, you might not notice that the chest of drawers in the bedroom and the T.V. in the living room are missing.

Why? Because adding those pieces add clutter and make a room look smaller.

Well-placed mirrors, too, add an impression of space to small rooms.

Stagers don’t just sell homes, they sell idealized lifestyles, so after you take a look at any staged home for sale, don’t be fooled. If an entertainment area and good clothes storage are important to you, make sure the home you have your eye on will accommodate them.

If you’re looking to buy or sell an East Bay home, I can help.
If you’re moving to another area, I can refer you to a trustworthy Coldwell Banker agent wherever you want or need to go in the US or the world. Coldwell Banker is an international real estate company.
 

So call me.  I’m easy to get a hold of.  As so many of us do, I carry my office with me wherever I go, so phone or text 510-418-1306  and you’ll probably reach me. I’m never too busy to take care of you– or your referrals–and I’ll make sure you’re glad you called. 

Get to know me! Check me out on facebook or linkedIn.

If you want to get a feel for what’s going on in the East Bay Real Estate market check out my My Web Site to discover homes on the market–neighborhood by neighborhood–almost as soon as they’re posted on the MLS!

Chris Neddersen
Broker Associate
CalBRE #01143189
Coldwell Banker in Berkeley

“Let’s Get Moving!”