Pricing for Recovery

With the media reflecting a degree of optimism about the economy, this is no time to lose your head over real estate prices. You’ve heard this refrain from The Sanborn Team before, and it’s more vital now than ever: price it right, get it sold.

Sellers who insist on high asking prices end up with fewer viewings, fewer offers and fewer sales. Instead of putting money in their pockets when they need it, they end up with a house that quickly goes from “new” to “stale” on the market.

Getting homes sold in today’s market is all about pricing for today. That means looking at very recent sales, looking at similar properties on the market that might tempt the same buyers and then settling on a price that is a notch below everyone else. Yes, below! That little downward tick will attract buyers and their agents and might even get the property enough attention that it will draw multiple offers!

The real value of your house in this economy is not the highest price you can get a real estate agent to agree to, but the highest price a buyer will pay!

If you’re interested to know more about your home’s value,
call The Sanborn Team at 310-777-2858.
We’re always happy to give you an honest answer.

Upcoming Bar Meeting: Elder Law Meeting

Upcoming Beverly Hills Bar Meeting: Elder Law Section

TOPIC:
Pitfalls of Investing Assets of the Incapacitated Person under Trusts, Powers of Attorney or Conservatorships


Speaker: Randy M. Spiro, Esq

Date: February 11, 2010

Time
Registration/Lunch: 12:00 Noon
Program: 12:30 - 1:30 p.m.
Lunch is Provided


As the official sponsors of the Beverly Hills Bar Association, Elder Law Section, we are here to assist you with all your real estate needs. We are probate and trust real estate specialists selling and marking real estate throughout Southern California.

To learn more about our probate real estate services, please visit www.SanbornTeam.com

Sophisticated Condo

1223 Roxbury Drive #301
Los Angeles, CA 90035

Gracious top floor corner unit, spacious and bright with over 1900 sq ft of living space. Parquest floors, Large study/den that could be a 3rd bedroom. Eat-in kitchen with granite counter tops and laundry in unit. The living room has a fireplace and overlooks the south facing balcony with tree top views. Master suite has an abundance of closets. Large second bedroom with its own bath. Complex as pool, spa and gym. Close to Roxbury Park. Trust Sale.

As your Trust and Probate Real Estate Agent Specialists, we are here to assist you with all your real estate needs. Please visit us at www.SanbornTeam.com or feel free to contact us with no obligation at 310.777.2858

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Q & A: Commissions for Licensee Purchases

We are frequently asked the following question and are posting the answer for clarification.

Can a real estate licensee receive a commission when purchasing

estate real property as a principal?

California Probate Code specifically provides that the estate is not liable for any commission where the listing broker or agent is directly or indirectly the purchaser of the estate property.

In addition, the estate is not liable for commission when the selling broker or agent has "any interest in the purchaser" (i.e., financial interest in the purchaser) or is the purchaser (Cal. Prob. Code Section 10160.5).

The Sanborn Team are Trust & Probate Real Estate Experts, that ensure that you, as a fiduciary, conservator, administrator, executor or conservator, make sure that you are protected and that the transaction is smooth and worry free.

For more information about our Trust and Probate Real Estate services, please visit us at www.SanbornTeam.com or feel free to contact us any time with no obligation.