How To Guide for Mission Viejo Realtors

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How To Guide for Mission Viejo Realtors

Based on some recent evidence I’ve uncovered, it is time to highlight more chapters from my How To Guide for Mission Viejo Realtors book. If you’re not currently selling residential real estate in Mission Viejo and you never plan to join the ranks of those of us practicing the art and science of buying and selling Mission Viejo houses and condos, you can skip this. Or not. The choice is yours.

Chapter 14 – Photo Guidelines – Bathrooms   When you make the ill-advised choice to personally take the photos of your client’s Toilet seat up and yellowhouse as a marketing strategy to promote said house to the more than 1 million web sites that will be featuring the largest asset they own, that they’ve now entrusted to you, here are a few simple guidelines. Lower the toilet seat. In fact, lower the lid over the toilet seat as well. Nobody wants to see a picture of your client’s bathroom with the toilet seat in its raised and upright position. Especially if it is somewhat difficult to tell if the toilet was actually flushed before you took that photo.

Chapter 22 – Meeting the Appraiser     Don’t not show up for the appraisal when you are the listing agent. Eliminating the double negative – do show up for the appraisal when you are the listing agent. After all, you are the one who advised your seller on gauging the market and setting the price. You are the one who evaluated all of the offers and advised your client on counter offers and terms. When the buyers’ bank sends in their third party unbiased appraiser to make his own independent assessment of the value of the home, you need to be there. Why? So you can share the number of people who came through the Open House and the number of offers you received. And you have the opportunity to show the appraiser the comparable sales you selected to gauge the value of the home. The appraiser may or may not look at the comparable closed sales you used, but you at least have to show up for the appraisal to try. That’s part of your job.

Chapter 23 – Selecting comparable home data to support the sales price of the home for the appraiser. Appraisers need to select three properties similar to what they call the “subject property,” which translates to your clients’ house. These three so called “comps” must be recent closed sales. That means homes that have actually already been sold. Not the active listing across the street or the one in escrow around the corner. Actual closed sales. And recent closed sales means typically within the last three months. An ideal comp would be the same floor plan in the same neighborhood as the subject property. Only when that kind of recent closed sale is not available will the appraiser branch out dissimilar homes in the same neighborhood. And only if that sort of comp is not available will they look in other neighborhoods.

I’m Leslie Eskildsen.  Just keeping it real in Mission Viejo real estate.  I’ll help you.

Text me.  949-678-3373.

Email me. Leslie@LeslieEskildsen.com

Call me. 949-678-3373

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