THE SECOND STORY | June 11th, 2020

Smell the roses & turn lemons into lemonade….

The pleasures of having a back yard:  lemons and roses.

I know it’s a frustrating time for Buyers and Sellers hoping to buy and sell real estate. However, I believe that what we’re going through now…will be continuing well into the future.

No, I don’t mean the vicious virus. But rather how we do real estate under these circumstances. It is becoming the new normal. And often it’s more efficient.

-No open houses, no Broker Tours, where anyone can stop and just take a look.

-Disclosures and disclaimers about how we show houses (including preapproval letters and the PEAD  – Property Entry and Advisory Disclaimer).  Most of the transactions are done electronically including title and escrow.

While most listing agents have photos taken professionally, now more and more are having trained photographers use Matterport for the floor plans and have folks licensed (by the FAA) take the drone video. And I may have the original floor plans for those ‘newer’ tract (not Victorian) homes, on my computer.

I’m more than happy to say that I’ve been having a pro photographer do these aerial photos and the Matterport floorplans for the last 7 years.

(I will admit that I’ve never walked through a property with Facetime running on my iPhone.) I guess I need to look forward to that!

Definitions =

AC (active contingent on selling another property)

PCH (price change)

PSB (pending sale, want backups)

ALAMEDA REAL ESTATE THIS WEEK

Active Listings 40

includes 3 AC, 1 PCH

Days on market  High 1131  Low 4   Avg 99    Median  20

Pending Listings 44

includes 9 PSB

Days on market   High 92   Low 0   Avg 20   Median 13

Sold  7

Days on market  High 48   Low 5   Avg 26   Median 26

I hope you are doing well..and can take advantage of the extra light (almost summer June 20th)!

Let me know if you have questions….and I’ll be honest if I don’t have the answer…but I may talk to others that do have the answer!

best, marilyn

Published by

Marilyn

I arrived in Alameda in 1973, as a new bride...with husband Carl Schumacher, both of us from Newport Beach. He was embarking on his career as a Naval Architect (i.e. yacht designer) under Gary Mull. Please see the 'ABOUT ME' page in this website! www.MarilynSchumacher.com to see how it has all turned out! I'm so blessed!