Are we at the peak?

It sure feels like we are approaching the peak as some houses have not received any offers this week and are “lingering” on beyond the usual 14 days on the market.  That said I have been writing offers every week for clients and have come in 2nd one too many times.  Just this week I wrote an offer $400,000 over asking price and came in yet again 2nd…. It is really disheartening for clients to keep writing offers and be rejected even when they write that much over the list price.  Is the list price way too low?  Yes in some cases but the market is such that buyers expect to overbid 10%-20%. If a seller decides to price high there will be hardly if any overbids.  My colleague wrote an offer on a home listed within 5% of value and even though they wrote $200,000 over asking price the sellers rejected their offer..

Have you seen the  new trend of “transparent” prices?  It is popping up everywhere.  Sellers list a home at the price they expect to receive or agree to sell their home for.  Those “transparent” prices are quite high but maybe that is the way to be fair and more honest to the buyers too.  What do you think?  As a seller or a potential buyer would you prefer to deal with transparent prices from now on or keep the status quo?

Best regards,

Catherine

Advertisements
Posted in homebuyers, housing affordability, integrity, Real Estate, Uncategorized | Leave a comment

What staging brings to your marketing!

As a Realtor I get asked the questions a lot by potential sellers:  To stage or not to stage?

I understand that staging can be expensive and sellers ponder whether to spend the extra money staging or not.  (I work with many stagers and prices can vary drastically between them).  Marketing starts online and it is easier to visualize yourself in a “lived-in home” than in an empty home.  Think about staring at your computer screen to an empty wall with a window for what is supposed to be a bedroom as opposed to a bed with night stands and lights.  If sellers still struggle, you can insist that “oh yes it is worth it” but i think pictures are worth a thousand words!!

Here are before and after photos of my latest listing.

This slideshow requires JavaScript.

Given that over 90% of buyers check all the listings online first which home do you think will attract the most buyers?  Seeing the dramatic difference usually sells the sellers as to the advantage of staging. Were you sold too?

If you are thinking of selling your home in the East Bay or know someone who is I would be grateful for any recommendation you can give me. I promise to take care of you and your referrals with utmost respect, professionalism and results.  That is the way I would expect to be treated by any Realtor.

Best regards,

Catherine Krueger

510-813-0970

Catherine@CatherineKrueger.com

Posted in lifestyle, Real Estate, renovation, staging, Uncategorized, views | Leave a comment

Coming Soon in the El Cerrito hills

Let yourself be transported by the fabulous unobstructed panoramic views of the Bay, San Francisco, Mt Tamalpais and three bridges from the one-level ranch-style home at 1729 Arlington Boulevard, El Cerrito. Bask in the sun on the deck, or meander down the large terraced backyard abutting an undeveloped 15 acres of land.

 

Built in 1960s, this sunlit home combines Midcentury values of openness to nature with very 21st century energy-efficient updates, including solar panels and dual-pane windows throughout. On cold winter days, enjoy warm bamboo floors under your feet and comfortable temperatures throughout, thanks to radiant heat that is all solar generated. If the sun gets too intense for you, at the touch of a button you can lower the blinds and enjoy the comfort of your cool home.

empty LR with view

This delightful home also offers an electric plug in the two-car garage to charge your car, tankless water heaters (one for heat and one for bathrooms and kitchen), and an over-sized kitchen ready to be transformed into an open concept floor plan, with adjacent living and dining rooms. Just a three-minute drive to the El Cerrito del North BART station, shops, and fine restaurants. Offered at $899,000.

Front yard

Agent: Catherine Krueger, Marvin Gardens.  510.813.0970.

Please join me during the open houses scheduled below.

Open Sunday 4/23 2-4pm, Open Thursday 4/27 9:30am to noon, Saturday 4/29, and Sunday 4/30, 2-4:00.

http://www.1729Arlington.com

 

 

Posted in homebuyers, housing affordability, lifestyle, Real Estate, Uncategorized, views | Leave a comment

Homebuyers’ Tax EXEMPTION

Your Tax Deduction Checklist

Here are the homeowner tax breaks you should be taking advantage of during tax time!  

PLEASE CONFIRM WITH YOUR TAX ACCOUNTANT AND TAX ATTORNEY!

Mortgage Interest

 

Property Taxes

 

Home Sale Exemption

Private Mortgage Insurance (PMI)

Points

Renewable Energy Upgrades

Here is a great resource from Energy.Gov that details energy efficiency tax credits. Use this resource to calculate the home tax deductions you are eligible for with your home improvements.

Home Improvement Loan Interest

Home Office Deduction

 

Posted in homebuyers, housing affordability, integrity, Real Estate, Uncategorized | Leave a comment

Spectrum award!!

City Beat News is pleased to announce Catherine Krueger earned a 5 star rating and the 2017 Spectrum Award.
Performing to the level needed to earn this recognition in consecutive years is impressive. You and your staff have proven the exceptional service you provide is embedded in your company’s values and mission.
By consistently providing great service, you’ve earned the opportunity to leverage your verified performance into new business. When people see you are a consecutive year Spectrum Award Winner, they won’t have reason to wonder how good your service is—they will know.

Posted in Uncategorized | Leave a comment

Warning: Unpermitted units!

This is just in from our Marvin Gardens lawyer:

Landlords May Not Collect Rent on Unpermitted Residential Units 

Recently, an Appellate Division of the Los Angeles Superior Court refused to force a tenant to pay rent on a residential unit, which was unpermitted and did not have a certificate of occupancy.  The landlord had served a three (3) day notice to pay or quit after the tenant refused to pay rent.  The Court declined to enforce the three (3) day notice because the unit was illegal. 

 

If you know anyone renting these please share this info right away.

Best regards,

Catherine Krueger

Your local resource for the East Bay Real Estate Market

510-813-0970

 

 

Posted in Uncategorized | Leave a comment

El Cerrito Award of excellence

FOR IMMEDIATE RELEASE
Catherine Krueger – Marvin Gardens Real Estate selected for 2016 El Cerrito Small
Business Excellence Award
El Cerrito,CA – December 13, 2016 — Catherine Krueger – Marvin Gardens Real Estate has been selected for the 2016 El Cerrito Small Business Excellence Award in the Real Estate Agents classification by the El Cerrito Small Business Excellence Award Program.
Various sources of information were gathered and analyzed to choose the winners in each
category. The 2016 El Cerrito Small Business Excellence Award Program focuses on quality, not quantity. Winners are determined based on the information gathered both internally by the El Cerrito Small Business Excellence Award Program and data provided by third parties.
About the El Cerrito Small Business Excellence Awards Program
The El Cerrito Small Business Excellence Awards recognizes outstanding small businesses that serve the El Cerrito area. Each year, our selection committee identifies businesses that we believe have achieved outstanding marketing success in their local community and business classification.  Recognition is given to those companies that have shown the ability to use their best practices and implemented programs to generate competitive advantages and long-term value. These are small businesses that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the El Cerrito area a vibrant and vital place to live.
The El Cerrito Small Business Excellence Awards was established to reward the best of small businesses in El Cerrito. Our organization works exclusively with local business owners, trade groups, professional associations and other business advertising and marketing groups. Our mission is to award the small business community’s contributions to the U.S. economy.

SOURCE:
El Cerrito Small Business Excellence Award Program
CONTACT:
El Cerrito Small Business Excellence Award Program
Email: PublicRelations@SmallBusinessExcellence.email
URL: http://www.SmallBusinessExcellence.org

 

Posted in integrity, Real Estate, Uncategorized | Leave a comment