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SATURDAY, NOVEMBER 7, 2020 VOLUME 14 NO. 45VOLUME 14 NO. 45 With so many red hot real estate markets across the country, DIY-minded sellers might get ahead of themselves and decide they can sell their own home. With low inventory levels and sky-high prices, it might be tempting to stick a sign in the ground and see what they can get (without paying that pesky agent commission, of course). broker lic. #01514230 | source: CoreLogic, Freddie Mac, BankrateTHEWEBB-MARTIN GROUPJan Greteman 626.975.4033jan@jangreteman.com jangreteman.com #01943630Judy Webb-Martin 626.688.2273jwmartin@dppre.com #00541631 Katie Orth 626.688.0418korth@dppre.com #00942500•Your safety is a priority a real estateprofessional will have the proper protocolsin place to protect your belongings andfamily's health and well-being. •A powerful online strategy is a must toattract a buyer recent studies from NARhave shown that, the first step 44% of allbuyers took when looking for a home wasto search online. Throughout the process, that number jumps to 93%. •As part of their training, agents are taughthow to negotiate every aspect of the realestate transaction and how to mediate theemotions felt by buyers looking to makewhat is probably the largest purchase oftheir lives. •Having a buyer who wants to purchaseyour house is the first step. Makingsure they can afford to buy it is justas important. As a FSBO, it's almostimpossible to be involved in the mortgageprocess of your buyer. •FSBOing has become more difficult froma legal standpoint. In an increasinglylitigious society, the agent acts as athird-party to help the seller avoid legaljeopardy. This is one of the major reasonswhy the percentage of people FSBOinghas dropped from 19% to 8% over the last20+ years. •A study by collateral analytics revealedthat FSBOs don’t actually save anythingby forgoing the help of an agent. Insome cases, the seller may even net lessmoney from the sale. The study found thedifference in price between a FSBO and anagent-listed home was an average of 6%. It’ll practically sell itself, right? Not so fast. Here are six reasons that FSBOs typically find selling much harder than they imagined. When the buyers don’t come running after putting the house up for sale, for-sale-by-owners (FSBOs) are left scratching their heads, perplexed about what’s happening. After all, they don’t know what they don’t know. Listing on your own leaves you to manage the entire transaction by yourself. Why do that when you can hire an agent and still net the same amount of money? Before you decide to take on the challenge of selling your house alone, reach out to one of us to discuss your options. WINNERS: BIDEN, HARRIS, KRIEBS, GARCIA PARKHURST, & AMERIO NATIONAL NEWS: No one will dispute that 2020 has been a year like no other. However, on Saturday, November 7, 2020, for at least 74 million Americans, it was a very happy day. On that day, Joe Biden, 48 years after he was first elected to the United States Senate, he became President-elect and Kamala Harris became the first Woman and the First Woman of Color to become Vice President-elect exactly 100 years after women were given the right to vote.. SIERRA MADRE NEWS: The city has elected three new council members who will be sworn in on December 8, 2020. Congratulations to (from top left to bottom), Councilwoman-elect Kelly Kriebs; Councilman-elect Edward T. Garcia and Councilman-elect Robert Parkhurst. Congratulations also to current City Treasurer Michael Amerio who ran unopposed. Also to be congratulated are all the candidates who had the courage to come forward and run for office. The semi-official tally is as follows (*Projected to be seated on the City Council once the results are certified): For Member of the City Council – 4 Years Number of Votes Candidate Name 2,584/26.66% *Kelly Kriebs 2,413/24.89% *Robert Parkhurst 2,107/21.74% Andy Bencosme 1,616/16.67% Josefina Riley 974/10.05% Kurt Richter Number of Votes Candidate Name 3,184/58.42% *Edward T. Garcia 1,534/2815% Tracey Verhoeven 732/13.43% David Loera *Projected to be seated on the City Council once the results are certified For City Treasurer – 4 Years 4,442/100% Michael Amerio Measure AC Shall the office of the City Clerk be appointive? YES 3,574/65.89% NO ,850/34.11 Official results will be provided at the December 8, 2020 City Council meeting and all successful candidates will be sworn into office. For more information please call Laura Aguilar, Assistant City Clerk, Elections Official, at (626) 355- | |||||||||||||
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