For Sale by Owner Homes Scarce
“Welcome Aboard. I’m Captain Mike. Both myself, and my co-pilot, Captain Hook, are first-time pilots. BUT, not to worry, we’ve read the books and passed our tests.”
Now that’s a flight I want to be on!
Would you trust your life to inexperienced pilots? Why would you entrust the sale of your most significant financial asset to someone who just read a book and passed a test?
I’ve noticed a scarcity of homes for sale by owners these days. In fact, I haven’t seen a FSBO sign in a yard for several months. I’m sure there are some out there.
At today’s local Realtors Marketing Association meeting in San Ramon, our usual market-in-a-minute update turned into market in 15 minutes or Market Update of 1000 Questions.
If you’re just arriving back on planet earth from the Mars expedition – the housing industry and the mortgage/lending industry are in total upheaval. Veteran Realtors and rookie real estate agents are all being challenged by the daily chaos to get deals closed.
I can’t imagine a home seller trying to go it alone in this market, unless they have a relative with cash that wants to buy.
If you’re thinking of going the “For Sale by Owner” route, you may want to pick up a copy of this book.
It covers the basics of what you need to do to sell your home with out an agent. Of course, the advice given is for a normal market and today’s market is anything but normal.
In fact, there has never been a real estate market like the current one.
This isn’t just a down market or an adjusting market. This is a never-been-seen before market that is being impacted by the consequences of banks and brokerage houses treating their customers like prey.
As the subprime meltdown has evolved into a total financial sector meltdown, home owners who need to sell are getting squeezed into financial jeopardy.
In this real estate market, the logical choice is to work with an experienced Realtor (or team of experienced agents).
For those wanting to go it alone, the book above is on the shelf right next to this one!







The National Association of Realtors for years has reported that the number one point of client dissatisfaction with their real estate agent is communication.
Many people think Realtors spend too much time on the phone. A difficult thing to get away from when clients, like so many people today seem addicted to incessant cell phone activity.
Keeping the communication flowing is not only important, it is a necessity these days with all of the challenges in getting transaction through the escrow process. The escrow process, which use to be a fairly smooth process, is now fraught with daily hiccups due to all the changes happening in the mortgage and real estate industries.
Don’t get me wrong. These three are important elements, but many agents ignore the value of the local Realtor marketing associations meetings and the networking that goes on there.
In addition to the construction, the limestone, the woodwork, all of the details just blow you away.. So how do you create buzz on a house like this?
Now, I’m not crediting the balloons or my presentation – I’m really crediting the value of Realtors networking with Realtors and it’s sad to say that the vast majority of real estate agents in the 680 Corridor don’t seem to find value in the marketing meetings.
There are a lot of hungry real estate agents in Danville and San Ramon – and – I’m not talking about the competition for real estate business in the TriValley area.
It was a great turn out for this week's meeting of the Realtors® Marketing Association at the San Ramon, CA Community Center. The RMA is comprised of Realtors, real estate agents and other professionas associated with the real estate industry in Alamo, Danville and San Ramon, CA.