It is one thing to hear about Coldwell Banker’s control of the local real estate market in Davis, CA (between 50 to 60 percent, as of late) . However, this little scene I came across on Saturday afternoon says it all. A picture is worth a thousand words.
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What the Heck is a Short Pay Refinance?
There is a new buzzword being used in today's real estate market, that term is Short Pay Refinance. Most of you have not heard about this. It is a new approach were a new lender negotiates on your behalf with your current lender to pay less than the full amount for the pay off of the existi...
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Davis, CA Real Estate Made Simple
Straightforward and intuitive... this website is for anyone buying or selling homes and real estate in Davis, Woodland, Winters or anywhere in Yolo County, California. Explore! Ask Real Estate or community specific questions. More than powerful tools and valuable information for Buyers and Seller...
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Who's Behind the Web?
Carmen Isais - Realtor Keller Williams, Davis My work philosophy is simple. I approach each transaction with dedication, integrity and a sense of humor. The latter always comes in handy. Those who have ultimately decided to work with me, know me to be a good listener, a sage advisor...
Is Your Realtor Presenting All Offers To You?
If you are selling your Davis home, you should be concerned with your listing agent’s practice on presenting offers. Fellow Realtor, Renee Porsia wrote this very informative piece on Listing Realtor practices and questioned whether your Realtor was showing you every offer that came across his or her desk. Ms. Porsia works in Pennsylvania, where perhaps the laws are different than here in California. She writes the piece and approaches the topic as a matter of good practice.
California Real Estate law is different, however. Here, Realtors have a fiduciary responsibility to their clients and this includes bringing them any and all offers a home. Despite this fact, I have personally seen Realtors sit a on offers for various reasons… namely they themselves are hoping for a better offer, or they are certain their client won’t accept the offer and don’t want to risk discouraging them by bringing less than stellar offers to the table.
As a matter of law and simple ethics, I always present all offers to my clients and let them make up their own mind. Being the bearer of bad news isn’t always easy, but sometimes, even a low offer is welcome of necessary, and followed through with.
To read more about how missing knowledge of offers can effect you as a buyer read Renee Porsi’s article directly. If you are selling a home in Davis, Winters, Woodland or Sacramento and you have any questions about seller’s rights and the fiduciary responsibility owed them under California law, please do not hesitate in contacting me at 530.601.1003 or via email at carmen@focusondavis.com.




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