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.

What Makes a Sacramento Real Estate Agent the #1 Top Producer?

Best Sacramento Real Estate AgentWhat makes a real estate agent a #1 Top Producer in Sacramento? Lots of real estate agents can call themselves the best Sacramento real estate agent or the top Sacramento real estate agent, but what criteria do they use to qualify themselves? Some agents, I suppose, just call themselves #1 because nobody told them they can’t do it and they’re simply clueless. If you don’t know any clueless real estate agents, then hey, I bet you’re one of those guys who say they don’t know any gay or lesbian people, either. Some people can’t see past their own noses.

I heard there was a big war — and maybe the war is still going on — over which agent has the right to call herself or himself the #1 Top Producer in the entire world, universe and on the planet earth. I’m astonished that this Sacramento real estate agent, yup me, Elizabeth Weintraub, sold enough homes last year to have my ranking pushed to the #1 position for Sacramento County at Lyon Real Estate for number of homes sold.

Even if a certain unnamed agent who no longer works at Lyon Real Estate was still at the company, my number of homes sold in Sacramento County far exceeded that agent’s production, more than double the number. A client who lives in Wilhaggin called last week while on vacation at Marco Island to ask if I would be interested in going to Italy with her, and when I mentioned my accomplishment, she gasped in an incredulous tone, “You mean you sold MORE than XYZ agent?” Yeah, I did.

Never in my life have I been the number one top producer agent in Sacramento County at Lyon Real Estate by selling such a phenomenal number of homes. This is a first for me. And I’ve been in the business for 40 years. My clients were a mix of traditional sellers with equity, investors, first-time home buyers and some were short sales. Upper-end homes, lower-end, I sold them all. I don’t discriminate.

I suppose that if I do it again in 2014, I’ll start to get used to it, and it won’t be such a big deal to anybody, much less me. But when you earn a distinction like this, and it’s good for business to let people know, that’s what you should do. If other agents look at that advertising and mutter under their breath: who does she think she is? I can tell you. I’m the #1 agent in Sacramento County at Lyon Real Estate. Smiley face. I’m excited. My passion for what I do is paying off.

Some agents qualify their top-producing status based on dollar volume. But if I sold only one home for, say, $25 million, how much respect would you have for me if I called myself the #1 agent? I would say I sold the highest priced home in Sacramento County, if that’s how I qualified. Other agents might qualify themselves by selling the most homes in any given ZIP code, and there’s nothing wrong with that as long as they disclose how they arrived at that designation. I think where agents get into trouble and begin to lose credibility is when they make broad statements without clarification or hide the facts.

And let’s not forget that some people erroneously believe that a top producer has no time for them, and that assumption couldn’t be further from the truth. The status can backfire, publicity-wise. I got to be a #1 Top Producer by providing individual, personalized service. That’s my secret. Each client is a precious gem. Plus, I have two team members who support me, and a fabulous transaction coordinator. No agent is an island in this business; I don’t care who you are –but the day you surpass me in production is a day I will be happy for you.

Source: Trendgraphix Top Producer 2013 by Units, January 2014.

Image: Sacramento Bee 2/9/14.

Sacramento Real Estate and Yoda: Times They are a Changin’

Sacramento-River-300x225

Sacramento River in South Land Park Hills

As I look over my listings and escrows in Sacramento this morning, I see a pattern. I’m not talking about those free flashbacks we were promised and never received — what a rip. No swirls and dots nor peacock feather trails. Nope, the pattern I see is every single one of these listings and escrows has a challenge, for lack of a better term. All of the challenges are different, but they are challenges just the same. Not insurmountable, either, but it’s not the same for a Sacramento real estate agent in 2014 as in previous years. Selling real estate the last half of 2013 and early 2014 is harder. The times they are a changin’. You wonder where Yoda got his manner of speaking? I tell ya, he stole it from Dylan. But I digress.

For example, one Sacramento short sale presents a peculiar difficulty with Chase Bank. To provide you with further clarity, consider the fact that every short sale agent probably felt like that Meg Ryan scene in When Harry Met Sally when Chase Bank last year began using Equator. However, this year, its HELOC department is stuck in bureaucracy and over the course of two months can’t seem to open the file. I kick, I nudge, I push, I sweet-talk, I escalate; I set that Chase short sale underwriting department on fire and run out the back door, and they aren’t budging. Feet glued to the floor. It’s as though they are lobotomized. But eventually, Chase will get it together; it’s the Peter Principle in action.

Another escrow is stuck in limbo until the bankruptcy court releases the home or authorizes the sale. The court date has been pushed forward, just when I had hoped it would be resolved. Are you involved in bankruptcy proceedings is not usually a question I ask a seller when I accept an equity listing. I imagine in this economy the bankruptcy lawyers are doing a ton of business, though.

The ripples of the past are still present. We Sacramentans haven’t completely emerged from the sea like Bo Derek: all cornrows and smiles and tan. Nope, we’re more like Tank Girl coming home to discover the earth looks like steaming lava fields on Big Island and treasuring that baby tree sprout, straining toward the sun from a sidewalk crack.

I have another escrow that’s nearing 45 days and the buyer’s loan is still not approved. That’s because the buyer wasn’t actually approved by the bank at the inception — like most of the bogus crap passed off as meaning something, the pre-approval letters make better paper airplanes. The buyer also could not satisfy loan conditions for the longest time, and it seems like nobody really pushed the buyer to perform, except for my sellers. Hello? Clock ticking.

Experience has taught me that these issues will get worked out, and we will close. Moreover, eventually the overpriced listings will be reduced or we’ll find one of those tasty Bay area buyers. Sacramento real estate is a fairly tight market that often moves in circles, it can be like a roulette wheel. Make sure you have a good real estate agent at your side. Sellers today need a smart agent who can offer sensible advice on such matters like always double your odds on craps and let’s not overlook Kenny Rogers: know when to fold ’em and back off. This is a great time to sell if you know what you’re doing!

Home Sellers and Buyers Who Need to Find an Agent Can Start Here

find an agentIf you need a real estate agent in another state, I can help you to find an agent, and I might even give you a little real estate advice along the way. Telling clients what I believe is in their best interest for them to do comes very easily to this Sacramento real estate agent. I have no problem sharing what I believe because a) I’m generally right about it and b) if the other person don’t agree, that’s his or her prerogative. Besides, clients really seem to appreciate my advice and tips. Even people who aren’t my clients call to ask for my opinion.

Oh, maybe they read an article I wrote about home buying at About.com and want to do some hairbrained thing, so they track me down. I’m not that difficult to find, especially since I answer my phone. Sure, when I see the caller is calling from Pocatello, Idaho, I am tempted to click my bluetooth answer button and say Joe’s Pizza Shack, do you want pepperoni or sausage today, but fortunately, I’m not always looking at my phone when it rings and I answer with my name.

A woman called yesterday who told me she was in her 70s and thinking about selling her duplex to a tenant. The tenant had suggested taking over her mortgage payments, plus make payments on her equity. She felt sympathy for the guy because he was married with 5 kids and financially struggling. You know what? Maybe that guy can’t afford to buy a home because he can’t get a loan? She did not think about this. If he can’t get a loan, why would she jeopardize herself?

Her lender could call her loan due and payable under the alienation clause once title transfers. Was she mentally prepared if necessary to file a Notice of Default Could she go to court if push came to shove? My advice was tell the guy to get a loan or sell the home to a person who can get a loan. Don’t get sucked into this crap. There’s enough elder abuse in the world these days. Is this something I would said in the 1970s when owner financing was all the rage? Ha, ha, probably not. Today more than ever it pays to find an agent.

No client can ever accuse this agent of being wishy-washy or not voicing an opinion. I won’t give legal advice, but I promise to make you think about your issue. With 40 years in real estate, I am lucky to possess a wealth of experience to draw upon. If you can’t hire this Sacramento real estate agent because you live in Pocatello, Idaho, I can find an agent with experience in your area. Call Elizabeth Weintraub at 916 233 6759 or send me an email through my contact button on this website. It’s the top-left envelope icon that says email Elizabeth. Just click it.

How Many Agents Can A Sacramento Home Buyer Hire?

Sacramento home buyerThe consensus seems to be lately that if one Sacramento real estate agent is good to have in your corner as a Sacramento home buyer, then 5 Sacramento real estate agents would be 5 times better, right? Just hire them all and ask all 5 of those agents to beat the bushes searching for homes for you, right? This is what some Sacramento home buyers believe. It’s also probably why they aren’t buying any homes. Hiring more than one agent is just not a good idea.

Buyers don’t seem to understand that the answer to how many real estate agents can you work with is one.

If a Sacramento home buyer is unhappy with her agent, then the solution is easy, fire the agent. But if the buyer is happy with her agent, why would she call another Sacramento real estate agent and try to put that agent to work for her? I refuse to work with other agent’s buyers, but not every Sacramento real estate agent operates in the same manner. Some don’t care if they are wasting time or interfering in another agent’s transaction. If a buyer looks hard enough, a buyer will find some desperate agent somewhere who will let ethics slide in hopes of putting together a deal.

The bottom line is there are no secret listings, really. Everybody gets their listing information from the same sources. True, I might tell some of my buyers about a new listing before it is official in MLS, but these are buyers who are exclusive to me and my team. At Lyon Real Estate, for example, we have the right to withhold listings from MLS for 3 days and put them into our internal database.

But please, don’t ask me to step on the toes of another agent just to bring some Sacramento home buyer who is not loyal to either of us a transaction — because that’s not how most of us do business. Pick an agent, and when your agent does a good job for you, stick with that agent.

How Old is That Sacramento Real Estate Agent?

Forever 29 Birthday Cake Elizabeth Weintraub

Birthday cake from my husband several years ago.

OK, what I want to know is who did a search in Google for How Old is Elizabeth Weintraub? My analytics for my website shows me the search parameters that people look for when they land on my website, and I swear to God, that’s what somebody searched for yesterday. It made me laugh. Because first off, who gives a rats? And second, why would anybody look for that kind of thing?

I suppose it could be worse, they could be doing a dead person search for Elizabeth Weintraub on that Find a Grave website.

Most people who come to my website are looking for an agent in the Sacramento area to either help them sell a home or to buy a home. I work in a four-county area, with the bulk of my sales in Sacramento. It’s kind of hard to search for a real estate term in Sacramento and not land on an article I have written, either on my website or at About.com. I post 3 blogs a day on my own sites, another 3 blogs per week at About.com, plus I try to write at least one article a week at About.com, in addition to selling real estate full time and ranking as the number one top producer agent at Lyon Real Estate for Sacramento County (out of almost 1,000 agents). The stats at Trendgraphix show that no Lyon agent sold more homes than me last year in Sacramento County.

I know, it’s like when do I sleep? I’m also writing a new book that I’m tentatively calling Half Built, based on a period of my life from 1994-95. You’d be amazed at what a person can do who is focused, dedicated and hard-working. If you’re looking for a real estate agent in Sacramento, please call me at 916.233.6759. I’d love to help.

As for my age, I’ve been involved in real estate for 40 years.

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