Showing posts with label Pacific Palisades realtor. Show all posts
Showing posts with label Pacific Palisades realtor. Show all posts

Friday, March 4, 2011

New Listing: Beautiful 3 BD 1.75 BA near Village

Absolutely charming and move-in condition. Light and airy with beautiful hardwood floors, vaulted wood-beam ceiling, and plantation shutters. Updated kitchen off large living/dining opens to private patio with pool/spa and hillside (with ocean-view potential flat pad at top). Conveniently located near school, Village, hiking and beach. Recent upgrades to furnace & a/c.

1017 Bienveneda Ave., Pacific Palisades
Offered at $1,250,000

For pictures and information of this and other wonderful properties please go to Michael Edlen's Featured Homes web page.


Wednesday, January 19, 2011

Today’s Investors Prefer Real Estate Over the Stock Market

A new national survey conducted last month for Reecon Advisors found that investor confidence in real estate is significantly higher than the stock market despite the two-year drop in property values. The survey was the latest measure of investor perception of the comparative mertis of real estate and stocks as a long term investment and the most recent conducted since the crisis that struck the nation’s financial system last fall.

By a margin of 53.7 percent to 30.8 percent, those surveyed believe real estate to be a better long-term investment than the stock market today. Confidence in real estate is highest in the South (58.6 percent) and West (58.4 percent), and among young people 18 to 24 (63.8 percent). The stock market ranks highest with those age 35-49 (34.7 percent).

People in income brackets over $40,000 preferred real estate over the stock market by a significantly greater margin than those in lower income brackets. Middle income Americans, making from $40,000 to $75,000 a year, registered the greatest support for real estate, ranging from 58.50 percent to 62.20 percent.

However, public opinion on whether the stock market or real estate will recover first is much more evenly split and falls within the survey’s margin of error. Forty-six percent predict the stock market will recover first; 43.2 percent believe real estate will be first. Real estate ranked highest with young people 18 to 24 (57.3 percent) and Southerners (50.6 percent).

The telephone survey, by GFK Custom Research North America, was conducted December 19-21, 2008. A total of 1,004 interviews were completed, 524 with female adults and 480 with male adults. The margin of error on weighted data is +3 percentage points for the full sample. All completed interviews are weighted to ensure accurate and reliable representation of the total population, 18 years and older.

The poll is the first in a series of opinion surveys on issues critical to real estate markets to be conducted by Reecon Advisors, Inc. for the Reecon Advisory Report, a weekly newsletter that provides insight, analysis and intelligence on residential real estate.

As reported by RealTrends.com

Wednesday, April 28, 2010

Our Transaction History

Each of those red dots is a unique, fulfilling and special experience that comes from selling your home.

Monday, April 12, 2010

A New Short Sales and Forclosure Resource Certification

I am happy to announce that I have been certified by the National Association of Realtors(R) as a Short Sales and Foreclosure Resource specialist. This enables me and my team to better assist distressed property owners. We are available for counseling and discussion of various options. If you or someone you know may be falling behind on their mortgage payments please call a Realtor(R) sooner rather than later, it may make all the difference.

Friday, February 19, 2010

How To Select A Real estate Agent

By Michael Edlen

Think of it as an employment process, comparing different agents with as much attention and time as you would in selecting a doctor or attorney. Find agents who experienced the challenging markets of 1900-1997.

Develop a list of 3 or 4 well-researched candidates to interview, using various sources such as: managers of local company offices, noting who has consistent presence in local newspaper ads and other publications, and people whose opinion you respect.

Visit each candidate’s personal website, and note how easy it is to navigate and if the content seems current. See if they have any special or upgraded presence for their listings on Realtor.com or other sites. You could also test their on-line response time by sending a brief email requesting information.

Prepare a list of questions to ask them, and begin asking with your first phone call. These could include:
· What is your track record in my neighborhood over the last 2 years?
· Do you live in the area and where is your office?
· What preparations do you recommend before putting a home on the market?
· How do you propose marketing a property?
· Do you provide staff or team support? How available are you personally?
· What is your marketing sales success ratio, and escrow fall-out ratio?
· How many ads per month will you guarantee and what publications will you be in?

That call may help to eliminate a candidate before actually taking the time to meet.

Request any information they have that you can review before scheduling an appointment, and ask for a list of references and phone numbers.

Meet the remaining candidates in their office to see how their work environment feels and be watchful for evidence of good systems in place and a generally positive atmosphere.
· Get a feeling for how much the agent seems to care about you and what is in your best interest.
· See if they ask good questions and offer a consultative approach.
· Try to sense if you would be comfortable with their style, and confident in their representing you well.

If you follow these steps in selecting a real estate agent, you are more assured of being highly satisfied with the results.