November 18th, 2009 categories: Realtor
My boss is the home buyer and home seller in and around the Sacramento area. And just as it is in the corporate business world, if you help your boss succeed and take the “me” out of the equation, you end up succeeding yourself. Works every time!
The goal I set out with home buyers and home sellers is to first and foremost, LISTEN. It’s amazing what you can learn by simply listening. Some home buyers wonder if their Realtor ® is hard of hearing and some sellers, too. I’m sure you can relate…how many times do you repeat yourself or walk away shaking your head? Is anyone listening?
Looking for just the right house with just the right bedrooms, big kitchen close to schools and a yard fit for a king becomes the house my boss will call home. There is nothing quite like finding just the right home for a buyers. To see the look in their eyes and the excitement when their offer is accepted by the seller.
After all the disclosures, the inspections the day finally arrives when I know that I have succeeded. That day is when I hand the new homeowner the key to their home and say, “welcome home.” Those are my favorite words. Everyone succeeds. The boss is happy and I’m happy!
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As a Certified Distressed Property Expert, I am here to help you avoid foreclosure. Let’s talk and see if you qualify for a Short Sale. Your Short Sale agent.
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November 2nd, 2009 categories: Real Estate, Real Estate News, Realtor
There are changes being made to protect the consumer with good mortgage loans and appraisals with laws and bills being written for home buyer protection.
How about absentee Real Estate Brokers?
Seems like there is an elephant in the room that has been and continues to be overlooked.
A licensed real estate agent must work under a Broker. That means the Real Estate Broker is to oversee the agent’s work by offering assistance and training. This is a step to help safe guard the consumer.
Real Estate Brokers make a percentage of whatever the agent brings in terms of sales so there are Brokers who see dollar signs and realize they can have a lot of agents working under them and thereby make money but provide little if anything to those Realtors ® working for them.
It is my feeling that this is NOT in the best interest of the consumer, the home buyer and the home seller. This type of practice results in agents who have little or no supervision or training and that can only have a negative impact on the home buyers and home sellers.
Real Estate Brokers have a responsibility to the public. Banks have a responsibility to the public…correlation?
What do you think about this elephant in the room? Do you see a problem with Real Estate Brokers who are in name only? There was a reason behind why Brokers and agents take different exams and are given different licenses. Do you think maybe we should expect those reasons to be adhered to?
If you want this to change, let the CA Association of Realtors know how you feel about the absentee Real Estate Broker by calling (916) 227–0864 or check out the associated emails and additional phone numbers by clicking on DRE Contact Information.
And yes, I also don’t believe that a Broker can do loans and sell property. To me, splitting your time between the two means you really aren’t excellent at either one. These are changes that I feel would work better for the consumer, the home buyer and the home seller. Do we need to have a break down of the system before this is challenged?
Let me know your thoughts…does this matter to you?
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October 11th, 2009 categories: Realtor
FOR RELEASE: IMMEDIATE
DATE: October 11, 2009 For more information, please contact:
GENA RIEDE EARNS PRESTIGIOUS DESIGNATION TO HELP HOMEOWNERS IN DANGER OF FORECLOSURE
Gena Riede of Riede Real Estate, Sacramento, CA has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is ravaged by “distressed” homes in the foreclosure process.
Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With plummeting property values, this can save many people from foreclosure and even bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures.
In the Sacramento area, more than 1,000 homes are in danger of foreclosing. It is happening in all price ranges. Local experts say that even high-priced homes are not immune.
“This CDPE designation has been invaluable as I work with sellers and lenders on complicated short sales,” said REALTOR Riede. “It is so rewarding to be able to help sellers save their homes from foreclosure.”
Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said that Realtors® such as Gena Riede with the CDPE designation have valuable training in short sales that can offer the homeowner much better alternatives to foreclosure, which virtually destroys the credit rating. These experts also may better understand market conditions and can help sellers through the emotional experience, he said.
The Distressed Property Institute opened in January 2008 and provides training on-site and online. The CDPE is the premier designation for Realtors helping homeowners in distress and handling short sales.
“Our goal is to educate as many people as possible so we can help as many homeowners as possible,” Charfen said.
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August 31st, 2009 categories: Realtor
As a Sacramento Realtor we have always been told to be very careful while holding Open Houses and Showing property. Sometimes, we tend to make exceptions but these exceptions could be costly. It is important to always be aware of your surroundings and to let the office staff know where and with whom you are meeting. Write it in your calendar at the office so that there is something to trace back to you.
I have had a couple of incidences that I will share with you so that you can avoid the same, hopefully. While holding an Open House which was vacant, I received several phones calls from a male who was very concerned about where my car was. Since I was parked down the street leaving room for potential home buyers, I told him not to worry about my car. In a very dark, deep voice in a later phone call he said that he was watching me. Needless to say I was quite frightened, packed up and left.
Now, the correct way to hold an Open House is to have a lender present or another co-worker with you as there is
safety in numbers. You often hear about Realtors who are beat-up, raped or killed and typically it is at an Open House. Vacant houses put you more at risk. I highly recommend that you never park your vehicle in a vacant house garage. If something should happen you want the neighbors to notice your car and call for help.
A funny episode happened quite some time back where I was showing property to some Spanish buyers, one of whom did not speak English. After having shown a few homes, the Spanish speaking home buyer got to the point where he would check to see where the lockbox was located at each house to help me out and wave me over. At this
one house, he motioned me over and kept pointing to the backyard. I didn’t pay attention
and tried to tell him that we would go in the front door. As I was unlocking the door, I saw a woman through the sliding glass door at the rear of the house sitting on the back stoop with a shopping cart. As we entered the house, we heard splish, splash…it was a vacant house. I asked if anyone was there and a man’s voice said, “Yes, I’m taking a bath.” Needless to say, we left. It was a little frightening but now, funny. Certainly could have been a whole lot different for all of us.
As a side note, I called the police to let them know that these folks had broken into a vacant home and was told that only the seller could report this. Our laws sometimes are fascinating.
With all the houses on the market, and vacant ones as well, I hope that each and everyone will stay safe. Try to always remember to write down where you are meeting your clients and just take those extra steps that many of us sometimes forget to do. It’s a good idea to pick up pepper spray at you local Real Estate store and carry it with you.
If you meet your home buyers at the office, they’ve been prequalified through your Lender than chances are, you’ll be fine. But, as we all know, clients don’t always come to us in such neat little packages. And since, our market has reduced our quanitity of homebuyers, lately…sometimes Realtors, don’t stop to think of their safety. Stay safe, we want to see you here for a long time!
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July 21st, 2009 categories: Realtor
Sacramento, CA
Today, I thought I would take a moment to say thank you to the Sacramento readers as well as those outside of the Sacramento area.
As you can see, there have been thousands of you coming each month and reading the articles on Sacramento Real Estate Voice.
As a Sacramento Realtor ® I hope I have been able to share what you find useful here on Sacramento Real Estate Voice.
I enjoy helping both home buyers and home sellers with their real estate goals and in the process I have made some fantastic friends alon the way.
So, keep coming and let me know if there is something you would like me to write about that you’ve been waiting for and I haven’t yet touched upon.
Thank You!
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.If you have a real estate question that you would like an answer to by Gena Riede, Sacramento Realtor ® specializing in helping home buyers and Home sellers be sure to check out
and read what other home buyers and home sellers have asked and feel free to ask your Real Estate question by email. Perhaps, your question will be part of the next article featured on Sacramento REAL Estate Voice
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