Buy now, sell now!

MOVE WITH A PURPOSE

For sellers list now and price it at market value or just under for a quick sale. Buyers, be ready to move when a new listing comes on the market or you will lose out to another buyer who is ready

Be prepared to move quickly on your instinct and do your research. What is good for one is not good for another!

Buyers there are ample of opportunities you can steal the deal..
For sellers don't penny pitch. Look for big picture.

Be realistic.  I also love the answers by Scott Godzyk, Conrad Allen and Wayne Martin.

Hmmm,,,,,advise that would apply to BOTH...let's see..

"Know the REAL reason you are making this change."

As always; offer and take the price that satisfies your goals.

There's a lot that depends on price, condition, amenities, location, buying power & cash on hand, but here's my average conversation in 2015:

Seller: I share DOM, AVG. Sales $ vs. Asking $ and if under $500K-what today's buyer expects=mostly move in ready due to loan rich, cash poor borrowers; so price according to present condition, not market average-(translation; market value).

Buyer: (pending location & price range) I share under $500K is a sellers' market, prepare to see about 12 houses per month and write 2-3 offers per month until accepted. Plan for a 2-3 month process on average. Be happy with a home that only needs new flooring & paint and minor cosmetic updates.

Dont waste time.

Sounds cliche, but the time to buy is now! 3 years from now your friends will think you were so smart. Why? Rates are so low and your payments will too. Your friends may pay $20,000 less for their home, but their payments will be a lot higher.

If you are a seller you will receive more now, and a lot less latter. Again Low Interest rates. I did not go to Harvard Economic School, but I understand Supply and Demand.

Be Well And Be Safe, Joe Giambrone Agent

Keller Williams Realty LA Harbor

Seller - Price it correctly for the market and it will sell quickly.

Buyer - When a property omes on the market you must act quickly and see it and put in an offer immediately if you like it.

To buyers:  Don't sleep on it if you want to sleep in it!  

It's a great time to get deals done with people that are serious about moving.

Be prepared prior to jumping in, get pre-approved first.

Post Dodd Frank Act?   

To those who truly understand the crushing effects of the over regulation that has been inflicked on the American Mortgage Industry and the adverse effects it has had on the Consumer, most would agree that suring up the mortgage financing should be a top priority!

Over the past 12 months I've been overwhelmed with borrowers and realtors contacting me to save thier deals.

Make your sellers and/or buyers get lgitimently pre-approved.  I don't mean some weal pre-qual, I mean urge them to send their Bank, Mortgage  Lender or Mortgage Broker, ALL thier relavent info to obtain a Loan Commitment.

Here is a sample list of of basic items needed for you to send  to your  clients:

SELF EMPLOYED

2015 P&L and Balance Sheet 

2014 business tax returns or signed copy of extension

2013 business tax returns 

Copy of Professional Licenses with short BIO / Resume

W-2 WAGE EARNER

Recent paystubs   

2014 personal tax returns with W-2s, 1099s, etc.

2013 personal tax returns with W-2s, 1099s, etc.

ASSETS

Recent Two months Personal bank statements

Recent quarterly assets statements: 401k, IRA, Mutual Funds, Annuities, Stocks, etc. (all pages)

LOE (Letter Of Explanation) for any Credit Issues:  Short Sales, Foreclosures, BKs, Tax Liens, Collections, Judgments, late or past due payments (in Word or PDF format, Signed & Dated)

Current Mortgage Statements

Leases on rental property owned

Copy of Sales Contract with copy of deposit check

For buyers, definitely a good time to consider a vacation home. For sellers, during the holiday period only the serious buyers come out, so it's also a good time to have a home on the market, especially since the inventory normally shrinks at that time.

This is the best time of year to be selling a home if you are buying another.

To pay attention to what I'm telling them.

take your sheckels and go to vegas and put it on red! 50/50 chance of screw up (except for the green)  lol... 1)rates will go up....soon. you have appx one year for sure, after that head to vegas. So make your moves now.whatever they are.

Winston Heverly To buyers, the best time to buy was yesterday. To sellers, get a jump on the competition.

Don't hesitate...you will lose if you hesitate. Believe in your decisions.

There are opportunities in every market.  Be prepared.