Redfin pulls plug on iBuyer program

Redfin pulls plug on iBuyer program. RedfinNow, which generated 40% of the brokerage’s Q4 revenue, was suspended amid coronavirus crisis.

“On March 18, 2020, we announced that RedfinNow, our business that buys homes directly from homeowners and resells them to homebuyers, will temporarily pause making offers on homes,” the company disclosed Wednesday in a filing with the Securities and Exchange Commission.

In a statement, Redfin CEO Glenn Kelman said that the decision was made in response to the ambiguous nature of the housing business right now.

The decision comes at a time when the platform was rapidly scaling. It was live in 13 markets and saw a 407 percent increase in the number of homes sold in 2019, over 2018.

Zillow and Offerpad, were still buying homes as of Wednesday.

Keller Williams San Diego launches new home search app

Keller Williams San Diego has launched its new neighborhood-based home search app to coincide with the updated website that was launched earlier this year.

The new home search tool is web- and app-based, and aims to give homebuyers and sellers a deeper understanding of the city they are searching in by neighborhood.

  • Guide, a fully-customizable client companion, facilitates the entire transaction from search to signing on the dotted line.
  • Win consumer loyalty by refining their search with leading-edge functionality to find what they’re looking for, faster.
  • Give home buyers a deeper understanding of the neighborhoods that interest them including market and lifestyle information.
  • Whether they’re looking for their next home or their dream home, help clients organize, rank, and then discuss their favorite listings.

Reasons to Buy Your Home in the Fall

Often times, sellers will be encouraged to pull their home off the market for the winter holidays. This means inventory will drop and then surge again in the spring. Buying a home in the fall will allow you to see houses before the flood of showings after the holidays.
Sellers who wants to sell a house in the fall usually have a motivating factor behind their decision, which can benefit you. While it isn’t fully a buyer’s market, because they likely have less showings, they may be more open to accepting your offer.
Buying a home in the fall has several time-sensitive benefits. Your first mortgage payment won’t likely hit until the new year, and you may celebrate the winter holidays in your new space. 
In an analysis of over 30 million home sales spanning 15 years, RealtyTrac(r), found that home buyers who purchased in October paid nearly 3% less than in other months. You can also get into your new home right in time for the end-of-year sales on appliances and electronics – bonus!

FSBO TIP

Marketing

Beyond the sign you will put on your lawn, you should find effective ways to spread the word about your home. Local buyers can be reached through the newspaper, but this is only a small part of the market you are after. Be sure you include the many buyers who could already be working with a Realtor. To locate them, target as many top agents as possible in your market to see if the criteria of their buyers matche that of your homes. Because out-of town buyers are also an important target, you should create a strategy to reach these people as well.You might want to take a look at these websites to post your advertisement.

But remember, advertising doesn’t sell housereal estate agents do. A recent study by the NAR (National Association of Realtors) uncovered some interesting statistic estimates about 66% of buyers come from real estate  agents, only 8% of buyers come from advertisement. You might consider the fact that most buyers do use a real estate agent because it doesn’t cost them anything for the service (i.e. the seller pays the agent’s fee).

Do you want real offers on your home now with no obligation ?

Now you can with iBuyerInstantOffer.com.

We do all the legwork then go to the market and get multiple offers without ever listing your home. No showings, certainty and you pick the closing date plus you get a current market valuation. All in a simple side by side comparison, then you decide the best route for you.

Need to sell now, trade-in your old home to buy a new one or just curious contact iBuyerInstantOffer today to get you offers now.

Best time to sell your home is coming

You’ve began thinking about selling your house in San Diego and you have waited until the spring or early summer before listing. The yard will look its best and potential buyers will be out in force. Conventional wisdom says the second quarter tends to rank as best time to sell home. But that is usually the time of the largest home inventory. your competition.

But not this year. In March, San Diego Real Estate Inventory decreased 15.0 percent for Detached homes and 25.8 percent for Attached homes compared to last year.

Homes are selling faster. Days on Market decreased 14.0 percent for Detached homes and 26.2 percent for Attached homes.

Mortgage rates continued to fall this week and dipped to new 2016 lows and the lowest rates since May 2013, according to a weekly survey of national mortgage rates by Freddie Mac. San Diego Home Buyers want to get into the market.

If you want to sell home, here are seven tips to sell house.

Best time to sell your home (Small)

1. Pay attention to curb appeal
Adding colorful flowers, trimming trees and bushes, Fresh mulch, or grass. Landscaping is a small cost, yet is one of the most important things to do to help sell a house. The good thing is it generally just requires some sweat equity and an afternoon to turn a boring front lawn into a beautiful work of art.

2. New mailbox
The mailbox is often overlooked as a trivial part of the home- but having a brand new mailbox is another simple and inexpensive way to show potential buyers that the house is fresh and updated.

3. Pare down possessions
Pack up your winter clothes, so your closets look bigger. Many buyers always look at closets and visualize their clothes or shoes in them. Clear fridge of all magnets as well.

4. A new mat at the front door
It’s cheap and it shows the home is fresh. Check out discount stores like Marshalls or Ross for nice, inexpensive mats.

5. Clean the kitchen
Prospective buyers spend a lot of time in the kitchen at open houses and showings – and you can bet they are going to open up the oven to see how large it is. Make sure it’s fresh and clean for them.

6. Clean the carpet
You may try to steam clean them yourself using a Rug Doctor or you can bite the bullet and have a professional take care of it.

7. Double check your agent’s online marketing
Once you have cleaned, de-cluttered, worked on curb appeal of your home, the next key to sell your home is Web Appeal, your agent’s online marketing. It is extremely critical that your home is not just found on the Internet, it also has to be noticed (see more info here)!

Reasons to choose Agent

5 Reasons to choose Agent

1. Successful Marketing plans
We are successful in our marketing plans to sell house. See our Multi-Network-Marketing  plan.


2. 
Powerful Website

We have a powerful website. About 160 people visit our website per day.

According to the National Association of Realtors, 78% of people begin their search on the internet.

Summary by Month
MonthDaily AvgMonthly Totals
HitsFilesPagesVisitsSitesKBytesVisitsPagesFilesHits
Sep 2007387429675671583223228348847451701789036116234
Aug 20074568343760417332742614446538918728106575141631
Jul 20074347332656718932492437098588617607103116134772

3. Knowledge of Marketing Conditions

We know the current San Diego Real Estate Market Conditions. You can subscribe to our FREE Monthly Newsletter. 


4. Knowledge of San Diego
 Neighborhood

Steven Johnson has knowledge of San Diego Neighborhood.  Having grown up in San Diego, Steven Johnson has watched San Diego County grow and change through the years. It is very important to work with a realtor that knows the area.


5. Knowledge of House Building

Mark Kunce has knowledge of House Building. Mark Kunce has more than 30 years experience in home building and remodeling. His in-depth understanding of homes and how they are built are critical to sell home.