THE SECOND STORY | August 20th, 2020

Attics…more than just dust…

This gal has been in the attic for too long!

Must be the covid thing. But she seems happy with her isolation.

Too many Zoom meetings. Too many Ring Central meetings. But I must say, I’ve been learning a lot about new apps and new programs regarding real estate. Now, which one is best?

I think I need to find an independent person to experiment with these new programs/apps. This person needs to find out if these programs actually do what they profess they do. And they need to think like a dummy or a mannequin.

I must get 50 emails per day about the ‘new, the latest’ real estate-tricked-out programs. I don’t ask for them. Those that have my phone number….I don’t even answer my phone or I just hang up on them. How rude of me…but how rude of them. But it’s a job for them….and I can appreciate that.

I have a personal policy that I won’t try anything out until I know somebody who recommends it.

It’s kind of like shopping for a piece of property, or getting a loan. I wouldn’t just walk into a bank and say I need a loan now. No, you need to get pre-approved for that loan…and that’s a good reason that I suggest that my clients use a mortgage broker, not just a bank.

A broker has the ability to shop various banks/lenders and often she/he will have a solid relationship with some of those lenders. They know how each other works…and the goal is to get the mutual client pre-approved not just prequalified. And that’s how the buyer gets the best interest rate at the best price. Fees include ‘points’ (each point is 1% of the loan amount).

If you need a recommendation, let me know. And I don’t get any $$$ for referring the lender/broker to you. You are the one who needs to be satisfied.

ALAMEDA REAL ESTATE THIS WEEK 

DEFINITIONS=

AC (active contingent on selling another property)

PCH (price change)

PSB (pending sale, want backups)

ACTIVE LISTINGS 31 INCLUDING 1 BOM AND 5 PCH

days on market: high 1201  low 2  avg 75   median 30

PENDING LISTINGS 25 INCLUDING 7 PSB

days on market: high 1017  low 0   avg 57  median 12

SOLD LISTINGS  18

days on market: high 70  low 0  avg 11  median 9

That’s a wrap! Call, text, em me if you have questions about the market, a lender, or just want to say hello!

Best, marilyn

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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!