Start your move from San Diego with Don Reedy, award winning Realtor with the Hadley Home Team and Prudential California Realty, and complete your move with Greg Swann, award winning real estate broker and author with Bloodhound Realty.

 Relocating from “America’s Finest City” to the “City of the Sun” is going to be a transition from wonderful to wonderful, but you have to have prepare yourself at both the sale of your home and the purchase of your new home by following some simple, but very important real estate rules.

Real Estate Experience Counts

When you are selling your home, and when you are purchasing your new home, believe me when I say that experience counts.  Your own experience counts, and even more importantly your Realtor’s experience counts.  Let me explain.

•  It’s about the money.  How much you CAN get for your home has to be weighed by how much you WILL get.  Your experience doesn’t count much here.  It’s the market, and knowing, understanding and managing the market for the client comes from experience.
• It’s about contracts and rules.  Your legal rights, along with the serious financial investment you are making, are no place to be without very experienced, very smart Realtor representation.  I like shaking hands as much as the next guy, but we know that well written contracts last longer, protect more, and result in what the client wants.
• It’s about closing.  Doing marketing materials, showing homes, answering calls and writing emails are necessary, but only pomp and circumstance unless the real estate professionals have the experience to close out each and every part of the transaction.

Great Clients Deserve Great Realtors

Do you deserve the best?  I’m sure you WANT the best, yet so often sellers or home buyers choose the real estate agents they work with without asking if the Realtor is capable of offering great service.

• Thinking of using a real estate agent because they are a relative?  Please move to the next point.  Don’t do it.  Great Realtors have to bring the A game, pull no punches, and establish clear and completely honest communication with the client.
• Great real estate agents leave clues.  Find greatness in what former clients say.  Find greatness in the authoring and insights agents offer the public through their writings.   Find greatness in an agent who initiates a discussion with questions about you and your needs first, and only afterward adds to the relationship with information about himself.
• A quality agent reveals quality in ways you can know and measure.  When you select the person and team that will help you sell your home for the best value you can get, and buy a home for the best value you can get, you’ll want proof that this isn’t a chance occurrence.  Check the facts, and make sure you get as good as you give.

Homebuyers and Sellers Get What They Ask For

I want to let homeowners who are selling, and clients who are looking to buy a home, know that they are likely to get exactly what they ask for, particularlywith regard to the real estate professional they hire to make their dreams come true.

• If you choose to work with a real estate rookie, you’re going to get bush league performance; time and time again.
• When you send up your best man in a tight spot, you’re going to be successful time and time again.
• Most importantly, when you’re selecting who you’ll want to manage your sale or purchase so that you’ll get exactly what YOU want, you’re going to always do better if you go a major league player.

 Choose well.

Choose excellence.

Choose to get what you want.

Contact us today if you’re considering a move from San Diego to Phoenix.  We will show you how to get the best result from great and knowledgeable Realtors.  We know San Diego.  We know Phoenix.  We know how to get you moved.  America’s Finest Real Estate Professionals want to help you relocate today.

Contact Don Reedy in San Diego…..

Contact Greg Swann in Phoenix….

My friends and colleagues, Greg Swann and Cathleen Collins, manage and operate one of the finest real estate companies in America. Their home is in the Phoenix, Arizona area, and they excel in just about every aspect of helping a homeowner sell their home.

Recently Cathleen wrote an article outlining why it’s so very important to get just the right Realtor to list and sell your home, particularly if the sale is going to be a short sale. Here in North County San Diego, with a market similar to that in Phoenix, Cathleen’s advice is just as important, and just as valuable.

Here’s what Cathleen has to say. Read it, and enjoy a professional clearly detailing how and why to make this difficult kind of real estate transaction the best it can be.

It’s tough out there, everybody knows that. Your house may not be worth even half what you paid for it, and you’re having trouble keeping up with the payments. It could be your situation is so dire as to boil down to two choices: Let the bank foreclose on you or try to do a short sale.

What’s a short sale? If you could sell your home for what it’s worth today, you would probably have to come “short” to the closing table: The amount of money you could bring back to your lender from the proceeds of the sale would be less than you owe.

Are banks willing to do this? Yes, in principle. The bank reasons that it can get more money for a home that is still being cared for, as compared to yet another vacant lender-owned home.

What about you? Is a short sale to your advantage? Here’s your bottom line in both cases: Zero dollars and zero cents. That’s how much you’ll receive when your house sells.

So why should you prefer a short sale to a foreclosure?

For one very simple thing, because it’s the more responsible thing to do. You can’t pay your mortgage, and that’s a tragic turn of events. But by helping the bank effect a short sale, you’re doing what you still can to honor your obligations.

Even more important, a successful short sale can be less damaging to your credit than a foreclosure. You’re going to take a hit on your credit rating, either way. But the worst consequences of a short sale could be over in two or three years, where a foreclosure may wreck your credit for five years — or even longer.

On balance, a short sale is probably the better idea. Here’s the next question: Does it make any difference to you which Realtor you hire to list your home for sale as a short sale?

Remember that net figure: Zero dollars and zero cents. Since you won’t be getting any money from the sale of your home what difference does it make to you which Realtor sells it?

As it turns out, it makes a lot of difference. For one thing, no short sale is secure until it is closed. There is always the threat that the bank will go ahead and foreclose on you. You need a Realtor who can put matters in motion quickly, so you can complete the short sale before the bank gets tired of waiting for its money.

There’s more. Many Realtors treat short sales like a red-headed step-child — a slap-dash listing effort focused more on adding to their listing inventory, rather than actively selling your home. But the faster your home sells, the more money it is likely to command — which will make your buyer’s offer that much more attractive to the bank.

So what will make your home sell more quickly?

The answer? Marketing.

Where you and your lender see a short sale, your buyer sees a home. And guess what? Your buyer is seeing a lot of really grungy homes. Dirty. Missing appliances. Crowded floor to ceiling with personal possessions. Even though you have no equity in the property, your marketing problem is no different than in a normal equity sale: How do you get buyers to prefer your home over all the others available on the market?

And this is why it matters which Realtor you choose to list your home as a short sale. Your net might be zero dollars and zero cents, but you still have a lot to lose. The faster your home sells, the more money it will command, and the more money your lender stands to get, the more likely they are to approve your short sale.

It’s that simple. Working with a better Realtor — better not just at the mechanics of short sales but also at the mechanics of marketing — will bring you better, faster, happier results.

This is not a joyous event in you life, that’s understood. But working with the right Realtor on your short sale will help you make the best of a bad situation.

Am I blowing my own horn? Oh, you bet! I have advanced designations in short sale negotiation and management, and I’ve developed an extensive praxis for successfully marketing homes. I’ll bring every bit of this expertise to bear in getting your home sold as quickly and as painlessly as possible.

What’s the cost to you? Zip. Nada. Nothing. We typically charge our sellers an up-front retainer from $1,500 to $2,500. But they’ll be seeing cash at the closing table, and, if you go ahead with a short sale, you will not. We’ll take our compensation from the proceeds of the sale at Close of Escrow, and we’ll pay the buyer’s broker as well. You have nothing to lose by choosing a better listing agent — and a lot to gain.

So let’s talk, shall we? Give me a call at 602-369-9275 (Outside of Arizona? Dial 1-800-508-5430). or email Greg or myself and we’ll get together to figure out the best short sale strategy for your home.

Want to short sell your San Diego Home?

If you live in North County San Diego, and want to take advantage of what Cathleen and Greg do in Phoenix, then please contact me by phone right now.  Just pick up and call 760-802-9713, or click on the Contact Us button above to email.  Remember, there’s never a cost for our advice, and always an experienced ear to listen to your questions.

Don Reedy - San Diego Realtor

Who is this guy? First of all,. I want to talk about myself in the third person. Anyone know the name for this?

Okay, here’s the deal. This guy is pretty goofy, pretty intelligent, and pretty interesting. Sure, he looks a bit on the “outer limits” side of life, but then, looks are almost always deceiving.

Don Reedy is a guy who really cares about what’s happening to you, to your friends, your neighbors, and to the whole world. He cares, and just doesn’t know what to do about all of it….but he does know what to do about some of it.

I’d like you to start following Don in Buy Half A House and here at San Diego Equity Facts. See if you don’t find common ground with this common sense guy. See if you don’t find a will to participate, rather than a will to abrogate. See if you like him.

Overview of Home Sales

Real Estate News San Diego – April 5, 2010 -

San Diegans experienced an earthquake yesterday afternoon, and it reminded me of the current market conditions we are experiencing here in Southern California and San Diego.Home sales are occurring across a divided marketplace. Lower priced homes are selling quickly, and mid to higher priced homes are continuing their lag in sales. Of note, however, is the fact that total home sales across the country are rapidly approaching a value similar to that which we were experiencing before the market started to get out of control.

Total Home Sales

You can see by the chart to the left that although sales still lag far behind the “boom” periods, they have continued to be strong enough to almost get us back to the baseline we were experiencing before the boom started.  That’s good news.

Where Will Homebuyers Come From?

In the year 2000, when real estate activity was, shall we say, normal, the number of renters who had income sufficient to qualify for a median priced home was approximately 11 million.  Now, in 2009, because of the price declines in homes, there are an estimated 16 million renters who will now qualify to buy a median priced home.  These 5 million renters, along with move ups and other home buyers, represent a significant indication that there will be a pent up demand for housing as we move throught 2010.

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