It is not uncommon that first time buyers who are buying a home or condo want at least two bathrooms. This makes sense, especially when they are living with a partner or have people over often. However, suppose they cannot afford to buy a property with two bathrooms, what can they do? I had clients who were a nice couple who were determined to buy a property with two bathrooms but it soon became apparent that it was out of …
Carol Solfanelli | Compass | DRE License # 01347033 |
415-297-7031 | carol.solfanelli@compass.com
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide
Blog Posts
When taking a sweet first time buyer couple out looking at properties a while back, the wife remarked to me that the process of buying wasn’t exactly like HGTV, which she watched a lot. While the shows on this channel are entertaining, they certainly do not reflect reality. For one thing, most buyers are looking at many more than three homes before they make a decision on what they are going to buy. In a recent episode on HGTV, the …
I had to smile to myself when a colleague recently stood up in my office at our sales meeting and announced a new listing for a two bedroom home in Mission Terrace for $710,000. Mission Terrace is a neighborhood south of the Glen Park and Sunnyside neighborhoods, containing the Balboa Park BART stop. Until recently, it wasn’t a neighborhood that was as sought after as its neighbors to the north. However things are changing. I smiled because clients of mine …
The San Francisco market over the past year has continued to be very strong, and Presidio Heights is no exception. With its proximity to top restaurants, hip boutiques and the Presidio, this neighborhood remains a coveted place with luxury values. Home Sales Over the past year (October 2012 – October 2013), 22 homes have sold “on the market” in Presidio Heights. There have been a number of sales “off market” as well. These “off market” sales are sales of properties …
It’s Not Just About the Price! The 10 Things You Need to Do To Prevail in a Multiple Offer Situation
What are the ten things a buyer and agent need to do to prevail in today’s competitive multiple offer market? Study what the most recent comps sold for, including properties that are “pending,” and make an offer higher than the closest comparable property, if you can. However, the highest price doesn’t always prevail. By following the next 9 steps, you may “win” without being the highest offer. If the buyer can pay in cash, do that. After, she closes, she …
When walking through a condo on Broker’s Tour, I overheard a conversation with the listing agent and a frustrated buyer who happened to be walking through the property as well. The buyer was complaining about the market, about how so many offers were cash offers and about how he had written several offers and hadn’t prevailed yet. The listing agent leaned in trying to console him and confidentially told him not to worry as she had represented a buyer recently …
…you pay over a $1,000,000 for a home and it’s a “fixer upper.” …you go to the first Sunday open house and the listing agent tells you as you are walking out the door that the home is in contract with an all cash offer, closing in 5 days. …you submit your offer for $200,000 over the asking price in a multiple offer situation and the listing agent doesn’t bother calling you back. …you submit an all cash offer with …
They say truth is stranger than fiction and this is definitely true in the real estate world. A number of stories have come to my attention in this fascinating world. There’s the one about the agent who held her listing open on a Sunday and had a casually dressed young man walk in, look around and head into the bathroom, where he closed the door. He was in there for awhile when the agent heard the shower running. Right, you …