Elizabeth Weintraub

Elizabeth Weintraub

40+ years of experience in real estate, Sacramento real estate broker working at Lyon Real Estate in Midtown Sacramento. Author of The Short Sale Savior. Home Buying Expert at The Balance. Top Producer, ranks in the top 1% of all real estate agents in Sacramento Region. Life Member of Master's Club awarded by Sacramento Association of REALTORS.

Not Every Blog is About Sunshine and Lollipops

Not Every Blog is About Sunshine and Lollipops.

Not Every Blog is About Sunshine and Lollipops. I had something completely different in mind to write about this morning but I just could not bring myself to do it. Maybe I’ll write about it tomorrow. It was just too uplifting and warm, and sometimes that’s what we need to take our minds off of other things, like tragedy, but sometimes it’s just not the place, especially if I’m not “feeling” it from the heart because something else has occupied that spot.

Such is the case today. Hey, nobody ever said that every single blog needs to be about sunshine and lollipops and Sacramento real estate. Sometimes we have to talk about the stuff that weighs the heaviest to lighten the load. You can read more about that in my personal blog today at this link: https://www.elizabethweintraub.com/when-your-heart-feels-heavy-in-the-midst-of-death/

Sacramento Real Estate is still booming. Demand is high as our inventory, homes to sell, is very low. If you are looking for a Realtor to discuss your real estate goals or just want to discuss a real estate topic, please call Weintraub & Wallace Realtors. We can be reached at (916)-233-6759. Elizabeth Weintraub, Broker 00697006, and JaCi Wallace with RE/MAX Gold 00773532.

Is the Buyer Entitled to Know Why Her Offer Was Rejected?

why was offer rejected

Is the Buyer Entitled to Know Why Her Offer Was Rejected?

When I think about why a buyer and the buyer’s agent might want a Sacramento listing agent to answer why the buyer’s offer was rejected, it reminds me a little bit of the reasons a listing agent might wonder why a
particular seller didn’t list with her. I’m not immune from such a thing, and it has happened to me, although not very often, thank goodness. I’ll do an incredible job for a client, and when it comes time to sell again, they might
call some other agent to list, even though they gave me a glowing review at the time their escrow closed.

It’s not because I don’t stay in touch, because I do. I try to touch my clients at least a couple of times a year, and they see my name everywhere. But every once in a blue moon a former client will not call me when it’s time to
list a home. And it’s OK, actually. I don’t need to ask the reason because the reason has nothing to do with me. Some agents think they own people, and we don’t own anybody. People’s lives change and they run into agents wherever they go. Their reason for choosing an agent generally has nothing to do with the former agent they did not list with and its other reasons. The world doesn’t revolve around us listing agents.

I prefer to have 100% referral reciprocation but every so often a person will choose somebody else, and generally for a very innocent reason. I see some agents get angry when it happens to them, and it’s such self-defeatist
behavior.

Then, we come to why a buyer’s offer was rejected. Does the buyer have a right to know the reason? You can read more in one of my timeless blogs today about, Why Do Sellers Reject Offers?

If you would like to discuss your real estate objectives to buy or sell your home, please contact us. We can be reached at 916-233-6759. Weintraub & Wallace Realtors with RE/MAX Gold.

Elizabeth Weintraub & JaCi Wallace

Is the Buyer Entitled to Know Why Her Offer Was Rejected?

Is It Worth Fixing to Sell a Home in Sacramento?

fixing a home before sellingWhen I list a home in Sacramento, in addition to preparing my visual inspection and trying to work up fabulous marketing verbiage to sell the home, I look for the drawbacks, the things a buyer might object to. If it’s within the reality of affordability to improve and it could change how a home buyer might view the home, I will strongly suggest the seller take action.

The problem is sometimes sellers don’t want to do it. They want to sell strictly AS IS and they don’t understand how a small thing can make such a huge difference. A seller told me this morning that she figures a buyer with “energy and vision” will buy her home. Yes, they probably will, but that person with “energy and vision” is also likely to offer less than list price. She’d be better off selling to a buyer who doesn’t need the “energy and vision” to buy it. In her case, it’s a small thing, moving a refrigerator partly into the garage by cutting a hole in the wall for it. It overpowers the kitchen and buyers have turned down buying this home during the previous listing with another agent because of it; I’m fairly certain.

She might not appreciate the information, because it’s probably not what she wants to hear, but I deliver the message anyway. It’s my job.

You can read more in another timeless blog about The Mindset of Home Buyers in Sacramento Today.

For professional representation in listing or buying a home, please call Weintraub & Wallace Realtors at 916.233.6759.

Is the Buyer Entitled to Know Why Her Offer Was Rejected?

why was offer rejectedWhen I think about why a buyer and the buyer’s agent might want a Sacramento listing agent to answer why the buyer’s offer was rejected, it reminds me a little bit of the reasons a listing agent might wonder why a particular seller didn’t list with her. I’m not immune from such a thing, and it has happened to me, although not very often, thank goodness. I’ll do an incredible job for a client, and when it comes time to sell again, they might call some other agent to list, even though they gave me a glowing review at the time their escrow closed.

It’s not because I don’t stay in touch because I do. I try to touch my clients at least a couple of times a year, and they see my name everywhere. But every once in a blue moon a former client will not call me when it’s time to list a home. And it’s OK, actually. I don’t need to ask the reason because the reason has nothing to do with me. Some agents think they own people, and we don’t own anybody. People’s lives change and they run into agents wherever they go. Their reason for choosing an agent generally has nothing to do with the former agent they did not list with, because it’s other reasons. The world doesn’t revolve around us listing agents.

I prefer to have 100% referral reciprocation but every so often a person will choose somebody else, and generally for a very innocent reason. I see some agents get angry when it happens to them, and it’s such self defeatist behavior.

Then, we come to why a buyer’s offer was rejected. Does the buyer have a right to know the reason? You can read more in one of my timeless blogs today about Why Did the Seller Reject an Offer For the Home?

For professional representation, please call Weintraub & Wallace Realtors at RE/MAX at 916.233.6759.

When You’ve Got to Climb the Fence to Get That Lockbox

 

When you’ve got to climb a fence to get that lockbox is a blog written by Elizabeth Weintraub, and it is timeless. Lockboxes to this day are put in very odd places. Enjoy. JaCi

You think that by locking your gate, you are keeping intruders out of your yard; think again.

Maybe you’re keeping the deer and the antelope at bay, but if somebody really wants to get into your yard, say, even a gym-challenged, 59-year-old, 5-foot woman, anybody can probably scale that fence if she was smart about it. Well, yeah, determination counts, too. I am typically a pretty determined person.

A client asked if I would withdraw her listing from MLS last week.

We had sold her home for $15,000 over the list price because she was ready to take her home off the market at the time we received an offer. You know human nature and how some buyers are, right? Sometimes they don’t want the home until they find out they can’t have it, which is how this particular home ended up selling for $15,000 over the sales price. I figured the appraisal would come in low, but I also believed the appraisal would at least meet the list price, and we could renegotiate later if we had to.

It turns out, due to lovely HVCC, we got saddled with some yo-yo appraiser.

He decided he could not figure out how to adjust the comps to use updated homes that were smaller and on smaller lots. The appraiser didn’t know how much to allocate for those minor kitchen remodels, so he ignored those comparable sales. As a result, the home appraised for $50,000 less than the sales price. It was for an FHA loan, too, so it had a case number, which would be pulled for the next buyer. So we were stuck with the low appraisal.

The seller promised to leave the gate open so that I could retrieve the lockbox.

Sure enough, the gate was locked. The fence was a bit over 6 feet. If you’re ever wondering about which way to nail the boards on a fence you’re building, consider this. If the horizontal boards are outside, you will provide a stepping place for a person to put her foot before heaving herself over your fence. However, this fence had the good side facing out and the bad side on the inside. There was no place to put my foot. I don’t do pull-ups for exercise and therefore could not pull myself up the fence. Free weights are in my future.

I could have called the seller

I could have called the seller but, that would have entailed waiting 30 minutes, and I didn’t have that kind of timeI could have gone back to my office and come back another day, but what the hey, I was already there. I wore sheared corduroy pants, an Eileen Fischer silk shell, topped by a Merino wool sweater. My shoes were cranberry patent leather, with 3-inch heels. Did I let that stop me? I walked around the home but found no good access points.

The fact that the neighbors might call the police did cross my mind.

But like a driver who often spins U-turns in the middle of the street by offering the excuse, “Hey, I’m allowed because I’m a real estate agent,” I figured that excuse would also work for crawling over a fence. If I needed more of an explanation, I suppose I could also use that I sell many Sacramento short sales. Surely, the police would pity me then.

I finally decided to climb a juniper tree in the corner partially. 

Put my toe on a protruded nail halfway up and literally pulled myself to the top of the fence by using a tree limb as support. The important thing here was I elected to rest after I was perched on top of the fence with one foot on the horizontal top rail and another foot on the adjoining top rail in the corner. I didn’t care what passersby thought. Getting down was actually pretty easy, and I didn’t scratch my shoes or tear my clothes. Best of all, my display key for my lockbox was still intact in my pocket. Bonanza.

Call Weintraub and Wallace Realtors with RE/MAX Gold if you are looking for a Realtor who will do whatever is required to sell your home. We can be reached at 916-233-6759.

Elizabeth and JaCi,

Weintraub & Wallace Realtors.

 

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