Click to view the new Santa Clarita Valley Inventory

Just so other’s in my industry don’t click off – This is what I was referencing in the title of this post(tongue in cheek arrogance):  

Expired this Morning in Santa Clarita.  If you have had a listing in the Santa Clarita valley with a Realtor and it did not sell, make sure that your phone number is removed from the Multiple Listing Service.  Your phone number will only have been in the MLS if you gave instructions to your realtor having each of the agents call and give notice before they showed your home, condo or town-home.  If this was not the way your property was to be shown, disregard this warning. If your number is in the MLS and had not been removed at the time, or just before, expiration – Stand by for agents calling saying the following:

—–>  ”Good Day, I’m Stan Agent with XXX company, I monitor all of the real estate activity in the world and noticed at Zero Hundred Hours this morning, your listing expired… I’m calling to ask you if you are ready to hire the “right agent”…  (the arrogance confounds me – Didn’t you think you hired the “right agent” the first time around?)

Today’s Santa Clarita City Market Watch presenting 3 new listings have been entered into the Multiple Listing Service. (click on the words “Multiple Listings Service” to access the actual property data).

Three properties had price changes – two were price increases?  Not meant as a question, they were – but with an explanation.  Banks that approve short sale do so at the FMV – Fair Market Value.  If an Short Sale agent misses the mark in the pricing of that Short Sale – the bank that has the “note” may come back and increase the price.  Some agents do this as a tactic to generate more leads with regard to the Short Sales they List for Sale.  Some do it by mistake.  Either way – in today’s price changes in SCV – the sales prices of two short sales were increased.  The other “price change” was a standard sale that was overpriced in the first place. “Over Priced” – so hence the reason to hire a real estate expert when wanting to sell your real estate. Santa Clarita Short Sale Experts - We do love our Short Sale clients.

BOM’d – Back on Market – typically this happens when “Buyers” are no longer in place.  With Short Sales in Santa Clarita – We see that Buyers don’t stop looking after the have their “offer accepted” on a short sale property.  Nor should they.  Against popular opinion, the short sale is not guaranteed until the bank approves it.  If there is a second loan or a third, the Short Sale Realtor has more “mouths” to contend with, further complicating negotiation.  However, when you have your agent start looking with you at other real estate for sale and if you find something “better”.  Please have your real estate agent contact the Short Sale Agent so they can start marketing the property again.  Short Sale sellers don’t have to be concerned – the short sale should continue it’s course – when the bank approves it, it can now be advertised as an approved short sale – which will be written on quickly in today’s “lacking inventory” real estate market.

Two listings entered the pending status. Pending, the status that “should” render the listing “absent” from most of the real estate syndication websites. However, this is not the case with “ALL syndication websites”.  In fact, if the specific home for sale got a lot of traffic while in “active” status – they may leave it “active” to generate more leads for the agents that have a membership to their system.  Search local and use only those real estate search systems that are connected via the Internet Data Exchange, to avoid this Real Estate search pitfall…

Be Safe and have an AWESOME day…