Tag Archives: home buyers

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!”

Forever Homes: Advice to Buyers

Happy Senior Couple From Behind Looking at Front of House.

“The best laid schemes o’ Mice an’ Men. Gang aft agley,. . .”

So says Robert Burns, and it’s so often true.  Life twists and turns and takes us on a wild ride. Looking back, we see how some of our dreams came true, and others fell by the wayside. Unexpected events shaped our path and changed our direction. It’s just the way it is.

When I bought my first home, it was with my first wife. The marriage didn’t work out as I planned, so the proceeds from the sale of the home I thought I’d live in for a while became the down payment for a new home which accommodated my new relationship. When that little home in the Berkeley flats became too small for my growing family, we purchased the home we still live in today. Will we age in place here? I hope so, but who knows.

Our generation was a “live for the moment” kind. I didn’t really plan, or think about, any home I purchased being my “forever home”, yet things are different today. I read in C.A.R.’s (California Association of Realtors) Survey of Homebuyers that many young buyers are planning to stay in their homes rather than adopt a “move-up” mind set.

Now, I’m not saying that this mind set is better or worse than mine–there are good arguments on both sides of this issue–but what I am saying is that you never know, and having too firm an idea of the home you want to live in for the rest of your life may disqualify you from being in the home owner’s club altogether.

You gotta start somewhere, so why not start small. Life is all about change. As your life evolves, so will your housing needs, and your less than perfect house will be perfect for another potential home buyer ready to dip their toe in the housing market.

And what will you be left with? You’ll have the seed money to continue to build your new life in an even more perfect somewhere else.

Want to get a feel for what’s going on in the East Bay Real Estate market? Check out my Super Site and discover properties on the market neighborhood by neighborhood–almost as soon as they’re posted on the MLS!

Give me a call if you’re thinking of  buying or selling a home, and for all your other real estate needs.  Just phone 510-527-0174 .  I’m never too busy to take care of you– or your referrals–and I’ll make you glad you called.

Get to know me! Check me out on facebook, linkedIn or see my other online presences. I have two sites made just for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.

Whatever your real estate need,  I’m happy to help!

Chris Neddersen,

Chris_sig

Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

Financial Friday: How Stable is the Housing Market?

inflation

The other day a client said to me that he’d know in a few weeks whether or not he was going to make an offer on the home he had his eye on.  Further, he didn’t want to be involved in a bidding war, and he wanted to pay the asking price.

He’s new.

Until inventory increases, which it’s predicted to do as we move forward into 2015, not only are prime properties snapped up almost at once, but there is usually a bidding war and sales for reasonably priced homes are commonly well over the asking price.  

It’s true that mortgages are at an all-time low right now, so that’s to the buyers advantage, but will they remain that way? Controlling inflation is now on the table for Janet Yellen, the Chair of the Federal Reserve.  One of the ways that’s done is by increasing interest rates.  If this policy is followed, as it’s rumoured to do, getting a home loan will become more expensive.

I know this might discourage a new buyer, but there are strategies you can follow that will give you an edge.

My advice?  Start small. You might buy a home that’s a little less than you need, or in a neighborhood you hadn’t considered just to get yourself in the housing market.  If all goes well, you’ll be in a good position sell for more than you paid when you’re ready to move up.

If you’re already a homeowner and ready to sell, this is a golden time for sellers.  Please give me a call at 510-527-0174 , I’m never too busy to take care of you– or your referrals–and I’ll make you glad you called.

Get to know me! Check me out on facebook, linkedIn or see my other online presences. I have two sites made just for you.

If you’re a BUYER go to That House Detective

If you’re a SELLER go to What’s Next Homes.
If you’re interested in HIGH WALK SCORE HOMES click HERE.

Whatever your real estate need,  I’m happy to help!

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

Thrifty Thursday & Finding Your Dream Home

Warren-Buffett

There’s a feeling you get when you know you’re where you belong.  I see that look in the eyes of my clients when they fall in love with a home.  They start to imagine a life there, rich and full: enjoying their interaction with the neighborhood, relishing the walks they’ll take, and, if they’re parents, the playgrounds they’ll explore and holidays they’ll celebrate with their kids,

I recognize THE LOOK, not just because I’ve been a real estate agent for years, but because it this was the way I felt when we found our home, the one we still live in and the one our kids think of when they imagine being home for the holidays.

We took a risk when we bought our home.  It was a bit out of our price range, but our very savvy agent (my mom) assured us we wouldn’t be sorry.  She must have seen the look in our eyes as we happily poked around the home, yard, and neighborhood.

We were HOME, and we’ve never looked back!

If you’re buying, I know I can help you find your dream home.

If you’re downsizing–wanting to sell a home you love for a more practical choice–I can relate to the difficulty of leaving an old friend, but I’ll make the sale as smooth and painless as possible and find you a new home that you’ll love just as well but for brand new reasons.

If you, your friends or relatives are interested in buying or selling a home in the Berkeley Area,  give me a call at 510-527-0174.  I’m never too busy to take care of you or your referals. I’ll make sure you’ll be glad you did.

Please check me out on facebook, linkedIn or see my online presence. I have two sites I made just for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.
If you’re interested in HIGH WALK SCORE HOMES click HERE.

Whatever your real estate need, I’m happy to help!

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

Want Business? Take a Vacation

I know it seems strange, but every time I decide to take a vacation I get very busy.
Tomorrow, as I mentioned in Monday’s blog, the family and I are traveling to Seattle, but first I have to write and send an offer for one of my buyer clients and refer out two more sets of buyer clients–who are also ready to write–to some very supportive collegues at Coldwell Banker.
So. . . regarding this graphic from California Association of Realtors about Buyer Optimisim,  I would have to emphatically agree!

BuyerOptimism

I hope you enjoy yourself as much as we will!

If you’re interested in specific information from a local agent about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out on facebook, linkedIn or online. I have two sites made for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.
If you’re interested in WALK SCORE HOMES go Berkeley Area Neighborhoods

Whatever you need, I’m happy to help!

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

Many Home Buyer’s #1 Concern

perfect school

I remember when my wife and I were looking for our second home.  As a young married couple with no immediate plans to have children, we had originally bought a home close to where we both worked.  The neighborhood at that time was pretty rough, but it didn’t bother us.   We loved our first home and were glad to have it.

Our first child was almost ready to start school, and the second was on the way when my wife came home from a doctor’s appointment to discover the house ransacked.  We didn’t have much, so not much was missing, but we knew that, with young children in our care,  it was more and more important to us to find a neighborhood that felt more kid-friendly.

This was our #1 concern when we spotted the home in which  we still live.  It charmed us with it’s great yard and terrific location complete with a library, park, playground and well-rated school all within walking distance.  Right away we knew we had found our perfect place.

Many of my buyers are looking for the same thing, and if they are fortunate enough to have signed up with MyREAlert, they have access to a pretty comprehensive evaluation of the neighborhood and ratings of schools near the houses of interest to them.   All they need to do is scroll past the home description to find this invaluable community and school information.

I had my mom, a terrific Mason McDuffie realtor, to help us find our dream home.  You have two advantages: Me, and MyREAlert!

If  you’d like to sign up for MyREAlert— the first step toward a smarter way of buying an East Bay property–give me a call at 510-527-0174 and let’s talk!

If you’re interested in specific information from a local agent  (me) about the market in general or  buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174.

Check me out on facebook, linkedIn or on one of my two sites made especially for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.
If you’re interested in WALK SCORE HOMES go to Berkeley Area Neighborhoods

Whatever you need, I’m happy to help!

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

Real Estate: Ya gotta love it or you’ll leave it.

Many think that real estate is something people do part-time.  It’s not, and it can’t be if you take it seriously.  It’s a real job, and getting more complicated all the time.

I grew up watching my folks, both of them, work as Realtors.  It was a 24/7 job then as it is now. People who want to buy or sell a home often need their agents time & advice in the evenings, weekends, really any time of the day or night.  And then there are home tours, open houses, home inspections, contract negotiations–it goes on and on.

One thing that’s different now then when my folks were agents is that the sales contract was just a few pages.  Now it’s a multipage tome, so detailed and ever-changing that every year our office alerts us to updates to make sure we’re filling it in correctly.

One new agent I’m mentoring in my office said “I’ve never worked so hard at any job as I do as an agent”.  It’s true, but  on the other hand helping  buyers and sellers move forward with their lives is a  very satisfying way to earn a living.

NegotiatingTheDeal

Real Estate: Ya gotta love it–and I do.

For up to the minute information about local real state, including my new listing on 1540 Blake Street in Berkeley (pictured above: two homes on one lot),  home sales and values, AND  free and cheap activites in the Berkeley and Bay Area, give me a call and/or keep reading this blog.

If you’re interested in specific information from a local agent about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out on facebook, linkedIn or online. I have two sites made for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.
If you’re interested in WALK SCORE HOMES go Berkeley Area Neighborhoods

Whatever you need, I’m happy to help!

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

This Week’s One A Day Fun in the Bay Area

Roosevelt with Maj. Gen. Oscar W. Griswold, circa 1943. Credit Hulton Archive/Getty Images
Roosevelt with Maj. Gen. Oscar W. Griswold, circa 1943. Credit Hulton Archive/Getty Images

I meant to write my one-a-day-fun blog earlier in the day, but I had gone to my local library on Saturday and brought home a couple of fabulous books.

I tend to read at night, sometimes until the book crashes down on my nose when I doze off, but I was so enthralled by this one that I didn’t get tired at all.

The one I’m reading is called “The Mantle of Command“and it’s a book about F.D.R. during the war years.  The topic and the stirring and able authorship by Nigel Hamilton kept me awake till the wee hours.

Thus, my early morning routine was completely destroyed.  It seemed like before I got a chance to drink my morning coffee it was time to head to Alameda and show some great new clients some available homes.  I’m back now, so let’s see what’s out there to do that’s Free, Fun, and Local!!

TUESDAY September 23rd
Bay Area  filmmaker Jeff Giordano w/8 short films in Albany

WEDNESDAY September 24th
50th Annual Book Sale at Fort Mason

THURSDAY September 25th
Barbary Coast Comedy Night in Oakland

FRIDAY September 26th
Frozen” Singalong Party in Jack London Square

SATURDAY September 26th
Bonfire of Reflection in the Oakland Hills

SUNDAY September 27th
Free Sunday Concerts at the Starry Plow in Berkeley

Have fun this week, and if you’re interested in purchasing two clean, cute, homes on one lot in Berkeley, 1540 Blake Street’s offer date is coming up Wednesday, September the 24th.

front
1540 Blake Street Front
cottage front
cottage front

For up to the minute information about local real state, including my new listing on 1540 Blake Street in Berkeley (pictured above: two homes on one lot),  home sales and values, AND  free and cheap activites in the Berkeley and Bay Area, give me a call and/or keep reading this blog.

If you’re interested in specific information from a local agent about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out on facebook, linkedIn or online. I have two sites made for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.
If you’re interested in WALK SCORE HOMES go Berkeley Area Neighborhoods

Whatever you need, I’m happy to help!

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

 

“It’s Not A Seller’s Market Anymore”– True or False?

home sales

Perhaps. . .

According to this article from Redfin SEATTLE – Aug. 29, 2014: 

“Homebuyers who have been willing to wait for better deals will be rewarded for their patience as sellers drop listing prices to meet buyers’ more value-focused expectations.  A slowdown in home price growth and a shift in pricing power from sellers to a more balanced market combined to cause this change in housing activity as the market transitions from summer to the fall buying season.

For the first time in five months, price growth was flat in July across all 35 markets {SFBA is mentioned} included in the report. That shift has been nearly nine months in the making from when sales began to first decline last November. As a result of this shift, the number of homes that sold above list price in July is down nearly 7 percent to 20.1 percent from 26.8 percent a year ago, the biggest drop of the year. ”

In the San Francisco Bay Area the drop was 18 percent, so the local market is similarly effected. The article continues:

“The selling season started late this year as part of a first quarter slowdown in the overall pace of economic growth. The carryover homebuyer demand and supply from earlier this year set the stage for a surge in sales over the next two months that will be stronger than any other in the past five years.”

front

cottage front
cottage front

For up to the minute information about local real state, including my new listing on 1540 Blake Street in Berkeley (pictured above: two homes on one lot),  home sales and values, AND  free and cheap activites in the Berkeley and Bay Area, give me a call and/or keep reading this blog.

If you’re interested in specific information from a local agent about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out on facebook, linkedIn or online. I have two sites made for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.
If you’re interested in WALK SCORE HOMES go Berkeley Area Neighborhoods

Whatever you need, I’m happy to help!

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

Streamline Your Home Search

Going to Realtor conferences we hear a lot about the “Internet Savvy Client”.  We’re told that most people search for homes, agents, and buying and selling advice on-line.  This is good news for us real estate agents because there is nothing we like better than well-informed clients.

Sometimes, however, the information clients get can be bogus.  For example, many of my current clients I acquired as a result of a bad home search  on Trulia and Zillow.  They see the home of their dreams and ask for more information. Their quiery is routed to me, and I look up the property on the MLS and discover: It’s ALREADY SOLD!

Fortunately, I have a solution to that problem.  It’s called MyREAlert. This home search program will make the process so much more efficient.  You define what you want (number of beds & baths, price, location, school districts, etc) and properties that match your search will show up in your inbox.

And, guess what: They’ll all be active on the market.

If you’re interested in streamlining YOUR home search, give me call.  And remember, there are no strings attached to this service.

How Do You Compare?

How Do You Compare?

For up to the minute information about local real state,  home sales and values, AND  free and cheap activites in the Berkeley and Bay Area, keep reading this blog.

If you’re interested in specific information from a local agent about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out on facebook, linkedIn or online. I have two sites made for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.
If you’re interested in WALK SCORE HOMES go Berkeley Area Neighborhoods

Whatever you need, I’m happy to help!

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley