Hula and The Real Estate Market Today

Banker's Let those Properties Go
July 27th, 2009 9:38 PM

We have buyers, qualified buyers ready to close in 30 days with no contingencies all we need is the Property. Everyone is trying to find a home to purchase and there are so few to choose from. And.....we all know that for some reason Banks aren't letting the foreclosures come to Market???? And it's holding the whole process up.

Buyer's are getting discouraged and walking away, and you know that's not good for the economy. Realtors are also getting discouraged because we can't find a property for our clients. Short Sales are all that's available and NO ONE wants to wait 3-6mo after making an offer on that property. Who wants to buy and then maybe not receive?

We need a better system, if Short Sales were really short they would all be sold right NOW but they insist on tormenting everyone involved. If banks would release the foreclosures they would all be sold right NOW. So who exactly is to blame for all this hold up in the system? Well I have my opinions but I'll keep them to myself, because a solution to the problem is a far better avenue to work towards.

Bankers if your out there and you have properties.....Let them Go, you just might clear your desk and get the economy moving again.

Now's a good time,

Dee


Posted by Dee Fether on July 27th, 2009 9:38 PMPost a Comment (0)

Common Courtesy
July 25th, 2009 9:13 PM

Yes it's one of those things you learned from your mom. It is always in fashion, always acceptable, and always received with thanksgiving.

Somehow though there are some out there that haven't learned this rare jewel and it seems that it has hit the Real Estate Industry lately. When has it become acceptable to not return phone calls, not return e-mails, just not do anything when someone is wanting to buy the property your selling? Best not to put an email or a phone # on the MLS, if fact why put the property on at all? This is so very irritating for me, I'm doing everything I can to find my buyers a property to purchase and I can't even get a return phone call from the Listing Realtor, now that's a big zero on common courtesy. Don't they know that were all remembering names? This crazy market won't last forever and they won't have all the properties over time, no one will want to call them no matter what they have.

Show your a real professional by using what your mom taught you, be courteous it will come back to you in a good way.

And to all of you who make it a point to be courteous, I thank you, you make my business work in this crazy market and I do remember your names.

Dee Fether

Weichert Realtors, Gold Coast


Posted by Dee Fether on July 25th, 2009 9:13 PMPost a Comment (0)

RE Listing Market
July 18th, 2009 10:35 PM

The best place to be is on the Listing side of a transaction, I received a referral from a friend, listed the property and had an offer in before it hit the market, 4 more the day it hit the MLS. As a buyers agent I can completely understand the agents representing their clients and I'm so impressed with their diligence and hard work to get this property for their buyer. I wish I had more to offer them, so many wanting the same piece of land is difficult luckily for me it all falls on the sellers shoulders to decide.

This Market is difficult for buyers and buyers Agents, they have to work 2ce as hard for the same amount of money. Of course there is the thrill of finding that right property for your client that only comes when working for your buyer so it does have it's perks. And since most of my clients are buyers it's only a matter of time before we reach that point.

I guess that's why Real Estate is so much fun, this Market is changing daily and there's so much to learn and discover you just can't be bored. Now that I've discovered the Listing side I'm going to be enjoying it even more.

Discover today and create your tomorrow.

Dee


Posted by Dee Fether on July 18th, 2009 10:35 PMPost a Comment (0)

Happy July 6th
July 6th, 2009 8:21 AM

Why not...it's Monday and all the enthusiasm of fireworks have dwindled at least for this morning. HB is one of those cities that enjoys the boom and blast and AHHH of 4th of July to the 9's. We do have a great fireworks display off the pier each year and then theirs the neighbors who do almost as good a job as the pier does but we get some each night for about a week.

As adults were fine with that however I do feel for the animals in the area some dogs and cats go into hiding and I don't see them for days. Things should get  back to normal soon, it's Monday and some of us have to work.

So much for the 4th, how is the RE Market holding???? Believe it or not it's holding you would think with the moratorium on Bank Owned and the difficulty of every Short Sale that Realtors would be going into hiding like the animals on the 4th but it is not happening. In fact there is actually a surge in new Realtors starting in the business, we all know that this crazy market is not going to last forever and that everyone needs a home of their own so why jump ship? Prices are holding, interest is still good and even though there is less inventory to choose from at the moment it won't last. The banks are holding so many properties at this time that if they were to release everything now it would throw us all into a tail spin. So the dribble effect will happen and is actually starting to happen now.

If you are thinking of buying or selling or investing.....anytime is a good time.

Dee Fether


Posted by Dee Fether on July 6th, 2009 8:21 AMPost a Comment (0)

Name Change- Weichert Realtors, Gold Coast
July 3rd, 2009 9:43 AM

Well as of 7/1/09 it's official, my broker has changed names we are now Weichert Realtors, Gold Coast. The Gold Coast is important because we are still an independently owned Agency but now with Weichert Realtors we have access to a variety of tools we did not have before. Also the fact that Weichert Realtors has been predominantly an East Coast Company and is now expanding to the West.

I'm looking forward to this change, I know it will enhance my already growing Real Estate business and one of the areas is there Lead Generation Network. We were told about it but didn't know how it worked. Well on 7/2/09 I received my first lead, which amazed me that Weichert wasted no time in filtering leads to there agents.

If your thinking of a change to a new Realtor, give me a call. We need more agents in our office to cover the expansion and to grow with us.

 Dee Fether   714 907-7207  deeff@hularealtordee.com


Posted by Dee Fether on July 3rd, 2009 9:43 AMPost a Comment (0)

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