There are various types of home listings that a potential home seller should know about, before deciding how best to go about selling their home.
The ‘Open Listing’ is used by owners selling their homes directly. The owner is still prepared to work with real estate agents who are permitted to bring prospective clients to view the home. If a sale transpires, the agent earns a commission. In such a case the agent will not put the home on his/her Multiple Listing Service.
A ‘One Time Show’ is for sale by owner (FSBO) used by real estate agents, and is comparable with an open listing. The seller signs the agreement with the buyer if a deal is reached, in which a commission is guaranteed to the agent.
An ‘Exclusive Agency Listing’ authorizes an agency to list and sell a home for a commission. This does not exclude the seller from finding his/her own buyer. This is not a very popular arrangement as there are a number of pitfalls which leaves the agent’s commission unprotected.
An ‘Exclusive Right to Sell’ authorizes an agent to sell exclusively and appoints him/her as a listing agent. The agent is at liberty to appoint sub-agents. In this arrangement even if the buyer sells the property directly, the agent is still liable to commission. This is by far the most popular and successful listing arrangement.
Dale Warfel – Reputed real estate agent
Dale Warfel is a real estate agent based in the California bay area who has earned a reputation for selling homes at the most favorable price. His website www.dalewarfel.com is a mine of information to prospective home sellers. Dale Warfel offers a free comparative market analysis of what a home is worth in the current market. For a full service in home sale, contact Dale Warfel at 408.624.6202.
Home Staging is a little-known profession except to those in the trade. Simply put, home staging is the art of preparing a home for sale to make it look as attractive as possible and at times, to drive the price up. Professional home stagers are experienced in show casing a home to its best advantage. They work by editing and re-arranging furniture, eliminating clutter and assisting in enhancing curb appeal. At times, they might hire rented furnishings to achieve the desired ambience. Professional home stagers charge a fee that might be calculated on an hourly basis or for the whole assignment.
Fine homes for sale in San Jose
Dale Warfel is a long standing Bay Area realtor with vast experience in home sales. His website contains heaps of invaluable information for a potential home seller which may be accessed by clicking on www.dalewarfel.com/Nav.aspx/Page=/RealEstateTips/HomeSelling/Default.aspx . In this, he advises how to prepare a home for sale, what to expect and how best to list it. Dale Warfel offers a free analysis of what a home is worth in the current market environment. This serves as a guide to the asking price and what the bottom line should be. Dale Warfel lists fine homes in the finest San Jose neighborhoods like Blossom Valley, San Teresa, Willow Glen and Almaden Valley. If you intend selling your home, first check with Dale Warfel, who can be contacted on 408.624.6202. You would benefit by studying his website www.dalewarfel.com .
The Cinnibar Hills Golf Club has earned encomiums for being the best golf club in San Jose. According to the San Jose Magazine, it has been the best public golf course in the Silicon Valley for 7 consecutive years from 2002 through 2008. The Cinnibar Golf Club is just one of the numerous golf courses in the Bay Area, and one of the 2500 golf courses in California which makes the state the trendiest golfing location in the country. Many of its finest golf courses are in the Bay Area.
California has produced some of the best golfers on the planet. Legendary golfer Tiger Woods, slated to be the best golfer the world has ever seen was born in Cypress, Ca. Another of California’s greats is Phil Mickelson, born in 1970 in San Diego. Not to be left behind, amongst the ladies is Jane Park born in Beaumont, who plays the LPGA tour.
Golf Lovers can invest in a residential property
The Bay Area is a haven for golf aficionados. Contact Dale Warfel, a real estate agent who knows of homes and properties near some of the areas finest golf courses. Dale Warfel has been a San Jose realtor since 1997 and knows every golf course in his beat. Dale can be contacted at 408.624.6202 for a quick response. His website at www.dalewarfel.com features a few of the current listings. Talk to Dale Warfel for homes for sale in Willow Glen, Almaden Valley, Cambrian Park, Midtown, Monte Sereno, Campbell, Rose Garden, Los Gatos and Morgan Hill.
This Christmas might be the best time to buy a home for a number of reasons. It’s a time when not too many buyers are in the market, which means that the demand is low. Owners of properties, homes and condos who have listed their homes for sale are generally more motivated towards the end of the year. This makes them amenable to price negotiations and an early closure. Statistically, homes are at an all-time low during the Christmas season.
Perhaps the over-riding consideration is that the first-time homebuyer’s credit is in force till May 1, 2010. There is no guarantee it will be available next Christmas. However homebuyers must remember this credit applies only to homes used as a taxpayer’s principal residence.
Target homes for sale in San Jose
Dale Warfel an experienced realtor in the San Jose area, recommends a Christmas purchase. The key is to check out in advance what homes are listed and close in on a quick deal on the slump season, between Thanksgiving and New Year’s Day. Talk to Dale Warfel to take advantage of the seasonal low in home prices. His technical knowledge combined with excellent negotiation skills makes him the right real estate agent for a home in the Bay Area. Check out his listings at www.dalewarfel.com for homes in Campbell, Coyote, Los Gatos, Palo Alto, Monte Sereno, Midtown, Willow Glen and Almaden Valley.
With today’s increasing energy costs, it makes sense to live in an energy efficient home. If you are contemplating a shift to the San Jose area and the home of your choice is not energy-efficient, there is no need to rule it out.
Under the American Recovery and Reinvestment Act of 2009, federal tax incentives are available for upgrades to existing homes. Such incentives have been increased to $1500 based on 30% of the improvement cost. These cover heating and air-conditioning upgrades and building envelope improvements including window insulation. 30% credits are available without any ceiling for on-site renewable products like solar hot-water, solar photovoltaic systems, geothermal heat pumps and small wind-powered systems.
The additional expenditure in upgradation of a home is worth it, in terms of savings in utility bills. Upgradation to energy-efficient standards is generally focused on improved performance and efficiency of lighting, heating, cooling, water usage and appliances. A professional energy auditor could conduct a study and furnish a report with suggestions and possible cost savings.
Get a realtor to help you find an energy efficient home
Dale Warfel is a realtor who has been working in the Bay Area for nearly 13 years. He is aware of the shift towards environmentally-friendly, energy-efficient homes and the benefits in such an investment. Dale Warfel will recommend a reliable energy audit company to study a home in San Jose or a neighborhood of your preference and evaluate the savings against increased cost of upgradation. Talk to him at 408.624.6202 or visit his website at www.dalewarfel.com. Above all, if he shows you a home you like and its not energy-efficient, don’t let that deter you.
According to Bloomberg.com, The U.S. economy grew in the third quarter for the first time in more than a year, propelled by stimulus-driven gains in consumer spending and home building. It touched 3.5% from July through September after shrinking the previous four quarters. Household purchases climbed 3.4%, the most in more than two years. While all this augurs well for the future, pessimists predict a slump in the 4th quarter predicting negative growth of a ‘W’ recession. Nonetheless the rate of job losses fell for the first time in months, which is promising. Job losses being a lagging indicator are a positive sign that there may in fact be a genuine recovery.
Residential construction jumped at a 23 percent annual rate last quarter, the first gain in almost four years and the biggest since 1986. The rebound added 0.5 percentage point to growth. Homebuilding rebounded as sales climbed, propelled in part by an $8,000 tax credit for first-time buyers which has since been extended and Federal purchases of mortgage-backed securities that helped lower borrowing costs.
Real Estate in San Jose
Dale Warfel, a licensed realtor in the San Jose area has for the last few weeks, been advocating investment in real estate, prior to a U turn in prices. Dale Warfel has at his finger tips, the prevailing real-estate statistics in the Bay Area. Do email him at Dale@DaleWarfel.com for a market update on homes in Willow Glen, Almaden Valley and Santa Teresa or any other location in the vast territory he covers. Meanwhile click on his website www.dalewarfel.com for a cross-section of homes for sale in his portfolio.
This is a difficult question to answer in the present depressed economic scenario. In normal times when the economy is on an even keel, the thumb-rule in real estate is that a homeowner can reasonably expect an appreciation of five percent per year on the value of the property. Of course other factors will determine this appreciation, like the neighborhood, the amenities and facilities surrounding it. Now this does not sound an attractive return when compared with an investment in treasury bonds, the safest investment of all. For that matter, in normal times an investment in stocks can fetch far more attractive returns. But as mentioned before, these are uncertain times when investment in stocks may not be the most intelligent decision.
Take a practical example in a house investment. Suppose a homeowner invests $400,000 in a house with a 20% down payment of $80,000, which is the homeowner’s capital investment and the balance on mortgage. At a conservative annual appreciation of 5% at the end of the first year, the house would have appreciated by $20,000. This amounts to a 25% return on the initial investment of $80,000, a handsome return-on-investment by any standard.
No doubt mortgage repayments and property taxes are involved. But the interest on mortgage and property taxes are both tax deductible. Added to that is the current tax incentive of $8,000 for first time homeowners. Effectively, the government in its largesse is subsidizing your purchase of a home.
Invest in the California bay area
Dale Warfel is an experienced real estate agent who has worked in the Bay area, California for nearly thirteen years now. He is thoroughly conversant with the economics of a house investment in any district of the territory he covers. Dale Warfel knows the rates of appreciation of every neighborhood and can work out a viable proposal. Do visit his website at www.dalewarfel.com which has a questionnaire under ‘Contact Me’. Dale Warfel will be happy to answer any queries you might have. He can be reached on 408.624.6202.
When you’ve thought about selling your home and made your decision, you put your home on the market. Prospective buyers need to know what a great home you have. An ‘open house’ is the best way of getting your message across. If your home is in the San Jose area, Dale Warfel a real estate agent backed by a wealth of experience, would be the best person to point you in the right direction. He will advise you on how to present your home for showing. There are a number of little bits and pieces involved in a home-showing ‘open-house’ like publicity, signs etc. Dale and his team will take care of all that.
Dale Warfel will take care of business
As the homeowner, the best way you can contribute to the exercise is by being absent while your home is being viewed. Dale Warfel is skilled and adept at highlighting the finer points and subtly deflecting any deficiencies. If there are any downbeat observations, he plays them down with constructive suggestions. Each person has different likes and dislikes; and tastes seldom run on parallel lines. No homeowner would like to hear negative comments. An open house with the seller being absent makes Dale’s task easier.
Do contact Dale Warfel by visiting his website at www.dalewarfel.com. He has a special page for prospective sellers at
www.dalewarfel.com/Nav.aspx/Page=/Forms/ContactForm.aspx.
Dale Warfel has been selling homes across the length and breadth of the San Jose area for over a decade now. He is abreast of the pluses and minuses of each district and the constantly changing market prices in the current uncertain economy. Nonetheless Dale Warfel has established himself as an adroit realtor and skilled negotiator who fetches his client the best prevailing price.
Real estate agents live in the belief that the more they know, the better they are able to negotiate on a client’s behalf. But this is not always the case. Real estate agents could be in three possible positions:
- Single-agency which means they represent the buyer exclusively. Nonetheless it is incumbent on the seller to pay commission to both brokers and sub-agents i.e. the broker/agent who has listed the property and the broker/agent representing the buyer.
- Sub-agency where the agent represents the seller exclusively and collects commission from the seller.
- Dual-agency where the broker/agent represents both buyer and seller. This generally arises when two agents represent the buyer and seller separately in a transaction but work for the same broker. Such a situation is open to conflict of interest. The law however restricts the dual agent from divulging any information to either buyer or seller that has been given in confidence. This relates specifically to price ceilings and counter offers made by other clients.
Some states protect the clients – buyers or sellers – by requiring the agent to disclose his/her status before entering into negotiations. Such a situation will determine the degree of trust the client can repose in the agent.
A buyer can also appoint his own exclusive agent, the commission for which the buyer bears. But in such a condition the exclusive agent can be privy to more information than otherwise.
A realtor who represents you
Dale Warfel is a realtor who operates in the San Jose area and has represented buyers and sellers with transactions in prestigious neighborhoods like Almaden Valley, Rose Garden, Willow Glen and Santa Teresa. Dale Warfel is known for his negotiating skills and thorough knowledge of applicable California laws. Do visit his website at www.dalewarfel.com for current listings.
The prevailing recession has turned the real estate industry into a buyer’s market. The market is flooded with an enormous choice of listed homes, many at prices well below what they are actually worth. Despite this, a first time home buyer should exercise caution and avoid all possible pitfalls. The following are some useful suggestions to keep in mind:
Ensure you have pre-approval for a home mortgage which should be given to you in writing. There’s nothing more dispiriting than a last-minute credit problem that requires resolving.
Approach an experienced real estate agent who has been recommended. Nonetheless check out his references and website. Meet him/her first and satisfy yourself that he/she understands your requirement and meets your needs. If you’re planning to buy a home in the San Jose neighborhood, Dale Warfel is an experienced realtor who knows the area intimately.
Before making an offer, get a comparative market analysis. This is where Dale Warfel with his vast experience can be of help. Dale Warfel will give you a fair estimate with the justification to support his calculation.
Be dispassionate when making a selection. Every home has some disadvantage but never compromise by accepting one with a serious defect.
Ensure you have appropriate contingency clauses built into your preliminary agreement and that the seller consents to a professional inspection.
Get the right advice on buying and selling
Dale Warfel will give you all the professional guidance as a potential home buyer. Do contact him at 408.624.6202 for a quick response. Meanwhile visit his website at www.dalewarfel.com for useful advice to buyers and see some market listings.
