JaCi Wallace
Sacramento Realtor Multi-Tasking At Extreme Levels
Being a Sacramento Realtor multi-tasking at extreme levels is the typical environment for a successful real estate career. Yesterday, I was made aware that this skill set is something you either possess or you don’t. Realtors are often on the phone, (I have two phones) texting, emailing and putting the phone on mute, while answering questions from an assistant. We are also checking email and voice mail while organizing. I have a 40-inch monitor screen, so I have multiple windows open at the same time on my computer.
As a Sacramento Realtor multi-tasking yesterday, I saw something that brought multitasking to an all-new normal. I was working on the blog in my home office when I heard the dogs barking. I have 7 dogs by the way. It was the dog groomer making a house call for the first time, a new service we found online. The young woman shows up, thin as a rail with a baby, she is in her early twenties at best. Her name is April. She is holding a baby boy about 6 months old in a diaper with a blanket, her tools held in her other hand.
She sets the baby down on the blanket and it is starting to softly rain. My sister, Cathi, takes over getting the dogs out one at a time for our groomer. I go back to work from my command center to finish working on yesterday’s blog. In about 20 minutes my sister comes running back in. She says Toya, my smallest Schipperke dog, is going nuts and the groomer is breastfeeding. It sounded like helter skelter. I immediately go outside. April has the situation well in hand with the dog who has now submitted. She had tucked the dog over her knee and her arm and elbow are holding the dog in place. April doesn’t seem stressed at all.
April finishes up out front with 5 of the dogs. She then is breastfeeding her baby. We now have to move to the backyard to trim toenails for my two 90-pound adult German Shepherd Dogs, GSDs, Godzilla and Tangiers. My sister Cathi then holds the baby and I fetch the GSDs. First up is Tangiers. April gets behind her and starts using the electric grinder. Tangiers is moving about but that doesn’t stop April. Snip snip, grind grind, She is finished. Godzilla comes out next and he is not happy about toenail day but April sits down puts him on her lap. I hold the choker chain and leash. He soon realizes that April is not the least bit impressed with antics and grinds away on his toenails.
April then goes to hold her baby as she tells us she also nannies for three kids on her second job. She said it was hard for her to get a nanny job. Employers often wondered how she could take care of her baby and three other kids. April told us it was no problem for her to care for so many children at once. Someone finally gave her a chance, and she appeared quite happy about that. She said you have to have structure and a plan for a busy schedule with a full day, every day of multitasking. I thought this sounds like real estate, lol.
We could tell April was a very self-sufficient, determined and capable young woman. I said if you ever decide you want a career change, let us know as you would make a fantastic Sacramento Realtor Multi-Tasking. If you want a hire a team of multi-tasking hardworking Realtors, help you to buy or sell a home, call Weintraub & Wallace Realtors with RE/MAX Gold, at 916-233-6759.
— JaCi Wallace
Weintraub & Wallace
Selling Real Estate In The Wild Wild West
Selling real estate in the Wild Wild West reminds we of the old John Wayne movies. He usually played a big-hearted, honest human being (I relate.) Then he always had other people in the films, which were much like authentic characters from the Wild Wild West, who had little moral or ethical code. Sometimes, selling real estate in the south county feels like working in the Wild Wild West.
I love the rural atmosphere of South Sacramento County. There are open green fields of tall grass. You see horses and cows grazing as you drive along the county roads. Large Oak trees are covering the lands here. Beautiful creeks bubble through the valleys and the Consumnes River roars through every winter, and we hope she doesn’t flood. It is like a picture book from the good old days.
Try to imagine selling real estate in the Wild Wild West, can you? It feels much like this picture sometimes. You have to keep an eye out and be ready to come out armed and prepared to do battle and protect your client. Of course, not with a weapon, it is all done with knowledge, experience, and resources. Not all Realtors follow the rules, nor do they subscribe to our National Code of Ethics, period.
I was showing a home in Wilton on 5 acres, listed by a local Realtor. While showing the house, we noticed there were patched sheetrock holes everywhere throughout the ceiling. The place looked like lipstick on a pig. It was freshly painted and new flooring installed, yet it felt more like a tired old saloon, that was painted over to cover wear and tear. When the property had sold previously, the photos in MLS showed a property well maintained and in good shape. It had been less than two years since the property changed owners. How did it deteriorate in only two years?
I called the listing agent as my buyer seemed interested in taking on a project. Something didn’t feel right. She said she had sold it to the buyers two years ago but said the current owners had never lived in the property as it had been a rental. I asked for copies of the previous inspections, and she had little to no information. As an x-law enforcement officer, the further investigation seemed appropriate.
After a telephone call to the original listing agent #1 from two years prior, the truth was discovered. She said that she had all the inspections and would send them to me. Additionally, the neighbors had called the original owners, her clients, to tell them that the home had been raided. The front door had to be kicked in by law enforcement as it was a marijuana grow house. Then tenants were arrested and the equipment and marijuana confiscated. Holy smoke.
Now, you see why “selling real estate in the Wild Wild West” is sometimes an appropriate title. So how could the current listing agent not know this? She had cleaned up the property, installed new carpet, had all the ceiling holes patched and painted. Who knows if any mildew or fungus from moisture, was covered up under the paint? So no knowledge, no disclosure, no reports. Where was the code of ethics here? How about there was no disclosure of a material fact? Sounded a bit like a lawsuit waiting to happen.
My client, of course, walked away. The altered electrical with special lights used that had been installed, throughout the ceiling, was a red flag. This additional information explained all the patchwork in the ceiling. Also, the discovery that much was covered up here.
If you want representation from a team of professionals who always go the distance for their clients, call Weintraub & Wallace Realtors with RE/MAX Gold, at 916-233-6759.
— JaCi Wallace
Should a Listing Have a Pending Sale Sign?
Should a listing have a pending sale sign in the yard? It depends. We have a Sacramento listing that recently had five offers. We are pending sale and have two back up offers. One of these two buyers signed a back up addendum and a multiple counter offer form. This buyer is ready to go into a sales contract if the first offer fails for any reason. In this case, the seller wants a pending sale sign in the front yard as soon as possible. The home sold in 5 days, so sellers are thrilled and want the neighbors to know how fast it sold.
So in contrast, if we did not have multiple offers, the answer to, should a listing have a pending sale sign in the front yard, is no. We get calls daily from people driving by our listings. If a pending sale sign were in the yard, they would never call us as inquiring minds want to know. In essence, a pending sale sign stops the phone from ringing.
A friend of mine, Realtor Kim Pacini-Hauch, had a large property for sale on the river. A gentleman had flown into town for business. He was driving out along the river on the Garden Highway one sunny afternoon. He saw her for sale sign and called her. She drove out immediately to show it to him as he was flying out at 8:00 PM. She wrote a contract on the house and sold it on the spot. It was $3,725,000. He told her he was not looking online had just been driving an area he thought was beautiful. Without a for sale sign, or if the property had a pending sale sign, he would not have called either way.
The moral of the story is if pending sale sign were posted in the yard, he would not have called Kim. A back up offer is always warranted. If the property had been a pending sale, she would have shown it. As we say in Sacramento Real Estate, ” it is never over until it is over,” so sellers should always take a back up offer.
If you would like to have a pending sale sign placed in your yard, call us today Weintraub & Wallace at RE/MAX Gold, 916-233-6759.
— JaCi Wallace
How Do Realtors Educate Buyers To Write Winning Offers?
How do Realtors educate buyers to write winning offers? They tell them everything about the process. Talking about how to prepare a potentially perfect offer to conform to the market is critical. We are navigating through a seller’s market in Sacramento Real Estate, right now. Inventory is at all time low.
Buyers are making offers above list price even to be considered to compete, and they face stiff competition and multiple offers. Put on your armor and make your highest and best offer as you may not have another opportunity. All sellers do not send out multiple counters; they can decide to choose the best offer and game over.
A buyer needs to know that offering the list price may not even encourage a seller to counter when a seller has several great offers in hand. There were five offers on our new listing in Sacramento. One offer, in particular, was contingent on a seller that had not put their home on the market before attempting to buy this one. With four non-contingent offers, this offer did not receive a seller multiple counter offer. Also, the deposit offered was below one percent.
Many deposits were above three percent. Buyers, always put a substantial deposit on a property as it lets the seller know you are investing in purchasing the home from day one. Also, reduce your days for inspection, loan and appraisal contingencies. Pay for some of the escrow costs such as; Title and Escrow, Transfer Tax, a home warranty.
How do Realtors educate buyers to make firm offers? It is all about explaining the entire process and potential cause and effect within writing an offer. Buyers talk to your Realtor about the removal of the appraisal contingency. Offer to pay the difference if any, between the purchase price and the list price. Or remove appraisal contingency altogether, if you can afford this option.
Buyers, your Realtor should talk to your lender extensively about your loan process. You need to pre-approved on your loan. Be sure to submit all necessary documentation to the lender. Always provide all required information to the lender, well in advance of writing offers. Once fully approved for a loan, only a preliminary title report and a satisfactory appraisal are required to close escrow. An all-cash offer may outperform your offer. Be prepared to offer above list price to compete.
How do Realtors educate buyers to write strong offers? Call Weintraub & Wallace, we have over 80 years of combined experience on our team. Our 5-Star reviews tell you we will not disappoint. We will educate you every step of the way to help reduce disappointment as well as help to set realistic expectations. To write offers that win call Weintraub & Wallace Realtors with RE/MAX Gold at 916-233-8797.
— JaCi Wallace
Looking for a Sacramento Probate Property?
Looking for a Sacramento Probate property is often like looking for a needle in a haystack. It just so happens we have a Probate listing coming on market June first. The listing price range is in the lower three hundred thousand. It has two separate living units. These are smaller homes but, where can you buy anything with two rentals on one parcel in Sacramento? Well, look no further than Zip code 95817.
There will be a coming soon sign on the Sacramento Probate property within a few days. For more information call, Weintraub & Wallace. It’s currently occupied; however, proper notice of sale was provided to the tenants. They will be in the process of moving out. Access will not be available until the property goes live in MLS. There will be a lockbox installed on the property and Realtors can show it.
The Probate Purchase Agreement is required in a Probate sale. The seller does have full authority to sell the property. This is important as this means no court approval is required. What most people do not understand is that if one heir objects to the sale, we are going to court. No worries. If a court hearing is mandated for any reason, I have been declared an Expert Witness in the Sacramento Superior Court, Probate Division.
In essence, how does a full-service Realtor become an expert witness? List and sell a large number of Probate property for over a decade. I work with several Professional Fiduciaries as well. They often have to liquidate the real estate as part of closing out a Probate case. We will have Probate listings from time to time due to specializing in Probate and Trust sales. Contact us today to obtain more information about this Sacramento Probate property. Call Weintraub & Wallace Realtors with RE/MAX Gold, at 916-233-6759.
— JaCi Wallace