Shari Posey's Diary of a Mad Realtor

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Real Estate Agent - Berkshire Hathaway HSCP
Being a successful real estate agent (Realtor) is so much more than listing homes and showing them to buyers.
RECENT BLOG POSTS
My first job out of college many years ago was as a fact checker so I'm always on guard for discrepancies. But, as a Realtor I was actually delighted to discover in the most recent issue of Money Magazine there are two completely opposite statistics and forecasts regarding the housing market--I'm...
11/22/2007
Zero accuracy that is. Let me explain...Three times this week I got calls from clients or prospective clients asking me why Zillow.com gave a particular home value and that it seems out of line. That's because it represents almost nothing!Zillow.com does base their "Zestimates" on data but it's l...
11/11/2007
A client emailed two MLS numbers of properties she would like to see. They were priced way under market and she thought it would be an opportunity to get a great buy.Again I am reminded of the old saying, if something looks too good to be true it usually is. In this case the listings were both sh...
11/11/2007
My husband and I were out taking a walk today and passed by apartment we had wanted to rent many years ago. It was kind of decrepit then and now it is even worse. We laughed today but back then we were just starting out and it didn't seem bad--in fact, it was a little out of our price range. We e...
10/26/2007
There are hundreds of blogs about the "housing bubble" or the "lender implosion." I've participated in some of these blogs but most of the time it seems like there is very little debate or insight beyond the news headlines. However, the other day I found a blog of savvy investors from around the ...
10/26/2007
Yesterday a young couple came into my open house and we chatted. They said they are open house junkies but they know they will never be able to afford a home on two teacher salaries. I didn't ask them how much they make but I know entry-level first-year teachers in our area make about $50k per ye...
10/14/2007
Tomorrow is the 5-year anniversary of the low point of the U.S. stock market when the S&P 500 bottomed out at 777 before it began a 5-year bull market run that reached 1558 last Friday and appears to still be climbing. What's interesting abou this is the Buiness Section of the USA Today on 10/10/...
10/09/2007
Most people think that a foreclosure home is always a great deal. Logic would tell you that the banks want to get rid of their properties quickly. Unfortunately, logic rarely occurs in big corporations!Most of the bank-owned properties (REOs) I see come on the market, including the ones that I re...
10/07/2007
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Yesterday I had an open house in Long Beach. One couple in particular told me they are "waiting for the market to hit bottom." Their price range is considerably lower than the home I was holding open but they seemed to feel that the market was moving fast in that direction. Today I took a young c...
09/30/2007
SOLD!!!!! 2003 Curtis Avenue #A, Redondo Beach, CA 90278Beautifully Remodeled 4-Bedroom DETACHED Home with a Private YARD & NO HOADetached Home with a Large Grassy Backyard & Patio         List Price $820,000This home has a great traditional layout with the open living room, dining room and kitch...
09/30/2007
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Shari Posey

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