Focus On Davis, CA Real Estate » Your Home’s Value

Is Your Realtor Presenting All Offers To You?

Carmen Isais — Tue, 10 Mar 2009 19:12:42 +0000

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.

Carmen Isais

Professional negotiator and Real Estate Mediator. Have Questions? Let's Talk. (530) 601-1003

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Average Home Price in Davis

Heather Barnes — Fri, 20 Feb 2009 00:14:10 +0000

Historic average residential sales prices for the city of Davis.

2004 $510,720

2005 $605,895

2006 $617,407

2007 $570,081

2008 $535,492

Heather Barnes

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Green Remodeling

Heather Barnes — Tue, 17 Feb 2009 23:36:49 +0000

Green remodeling can save you money on utilities, increase the resale value, and provide a healthy, environmentally conscious home. The following quotes are from an article in the September 2008 issue of California Real Estate. Mike Hall, president and CEO of Berkeley-based solar company Borrego Solar was quoted as saying,

“For every 1,000 watts of power in a home that’s coming from PV (photovoltaic panels), it can add $20,000 to the resale value of your home.”

Chris Bartle of Green Key Real Estate was quoted,

“If you’re comparing [green building] to a super-cheap Home Depot remodel, then yeah, it’s more expensive,” he explains. But if you’re comparing it to a high-end remodel with granite counter tops and things like that, then a lot of times it’s actually cheaper.”

The opening of “Green” building supply companies is evidence of the increasing popularity of Green remodeling. Davis has it’s own eco-friendly home improvement store called Casa Verde. There are also recycling options for building materials. Sacramento’s Habitat for Humanity has a building supply store called the ReStore offering surplus building supplies donated to the store and sold at discount prices. Another web-site resource is www.thereusepeople.org. They are a non-profit organization that provides environmentally responsible demolition services and sells reusable building materials.

If you would like more information on green building and learn about the “GreenPointed Rated” system, check out www.builditgreen.org

Heather Barnes

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