Friday, April 30, 2010

Price Trumps All Other "Frills"


I love a beautifully staged house. I appreciate artistic photography. It is very nice to tour listings at broker open house and indulge in a free lunch and a cold bottle of water on a gorgeous California coastal day. Marketing and advertising are expected, but at the end of the day it is a single 5-letter word that trumps all the other real estate frills: P r i c e, yes price is the power tool in a real estate agent's bag of tricks.


Let me share a story about a nightmare listing and how it sold in hours, not weeks or months or even days. The property was owned by an elderly woman and she loved cats, lots of them. They were everywhere--in the trees, in the backyard and in the house--and so was their waste, fur balls and smell. Think medical mask time.


The savvy agent priced the home right for the condition and location. The deep discount drew an acceptable offer and the agent had the photos to document the condition to out of the area relatives. The home was not staged, nor was it white glove clean, it was, however, priced right for its condition and it sold.


The above example is an extreme case, but there is a lesson in the sale. Every property will sell when price is aligned with value. Today's buyer's are too smart to make an offer on overpriced property. They wait for a price reduction or they move on to a competitively priced property.


It is often said a property is worth what a ready, able and willing buyer will pay for it. Price your property right and the buyers will come with offer in hand.


Saturday, April 3, 2010

Lunada Bay Real Estate Activity August 2008 Palos Verdes Estates, CA 90274

The dog days of summer are behind us and the children have returned to school. Here's a quick look at how Lunada Bay, Palos Verdes Estates closed out the summer of 2008.

Lunada Bay real estate statistics for August 2008:

Active Listings: 29 homes are currently for sale ranging in price from $1,079,000 to $7,900,000.

Pending Sales: 3 properties are currently in escrow priced from $1,200,000 to $2,599,000.

Aug. 08 Sales: 6 homes closed escrow priced from $1,100,000 to $1,860,000.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell property, real estate, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Palos Verdes Estates Real Estate Blog - Palos Verdes Estates Real Estate Website
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Search for Homes in Palos Verdes California on Toering and Team.

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Palos Verdes Estates Homes for Sale Market Reports

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Palos Verdes Estates Houses Neighborhood and MLS Area Map

Where is Palos Verdes Estates?

What Do You Expect From Your Blog?

Are you blogging on purpose? Does your blog have a central focus? Are you presenting your highest self through your writing? Or do you write about whatever is on your mind at the moment?

Recently I decided to categorize my blogs. I was surprised to notice I was addressing more posts to agents (members only) than I realized. Buyers also received a lot of attention and white space. Surprisingly, I was neglecting writing articles targeting sellers. Yes, it's true when we think "Internet Marketing" we think of buyers, but I've noticed more and more sellers refer to "prelisting research" they have done on the Internet.

Sellers, I will write more articles with you in mind. After all, I prefer to keep my clientele evenly balanced between sellers and buyers, so it makes sense to divide my blogging attention too. Oh, and don't be afraid to contact me direct if you have specific question or request.

More Active Rain related blogs from Norma.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

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Palos Verdes Blog

Search for Homes

Palos Verdes Horse Homes Blog - Palos Verdes View Property Blog

Palos Verdes Estates Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes?

3 Secrets to Selling High in a Buyers' Market

You're ready to sell your home, but the market is heading south with no signs of an imminent turnaround. What's a Seller to do?


1. Prepare your property and yourself. If it's been several years or decades since you moved, one of the most profitable things you can do is revisit your property with the eyes of a buyer. Better still, invite a real estate agent to walk through the property with you and make suggestions for maximizing the value of your property. Take notes, this is important and can put thousands of dollars in your pocket.

Once the decision to move is made, emotionally move yourself from owner to seller. It will be much easier to take those faded baby pictures and high school graduations photos off the living room wall. Open the drapes and let the sunshine in. After all you no longer need to be concerned with fading the carpet, but you do want to showcase the view or spacious backyard. If you've got it, flaunt it. This is no time to be modest. You know your properties' best assets; now is the time to show them off!



2. Remove the negotiation opportunities. Cure as many of the deferred maintenance items as possible. They may cost you more at the negotiation table than it will cost to repair them on your own terms.



3. Know the market and do not chase it down. Instead, offer a superior product at market price and buyers will recognize the value. Your home will not languish on the market, and with some savvy marketing you may even lead the comps upward.

More Seller Tips from Norma!

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Palos Verdes Real Estate Blog - Palos Verdes Real Estate Website
Palos Verdes Home Search - More information on Palos Verdes

Search for Homes in Palos Verdes California on Toering and Team.

Start your own blog on activerain!

Palos Verdes Horse Homes Blog - Palos Verdes View Property Blog

Palos Verdes Estates Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes?

When Should a Property Be Taken Off the Market?

If you have a vacant property on the market for several months and have not received an acceptable offer, perhaps it's time to consider other options:

1. Improve the CONDITION is usually my first suggestion.

2. Reduce the PRICE. I know as a Seller this is not what you want to hear, but facts are facts and comps are comps.

3. LEASE it.

If the curb appeal is at its maximum and the interior pleases the eyes, then price may be the last variable to play with. However, as a Seller, if your financial plans do not include "giving it away" you may want to consider leasing the property.

Many buyers are unable to secure loans in these uncertain financial times, and leasing a home in their neighborhood of choice is often an attractive option.

The rising inventory of homes brings the supply and demand rule into play. An oversupply of homes puts downward pressure on prices of all homes in the area. This may not be the right time to sell your property. It may be a very good time to lease it.

More Seller Tips from Norma!

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Palos Verdes Real Estate Blog - Palos Verdes Real Estate Website
Palos Verdes Home Search - More information on Palos Verdes

Search for Homes in Palos Verdes California on Toering and Team.

Start your own blog on activerain!

Palos Verdes Horse Homes Blog - Palos Verdes View Property Blog

Palos Verdes Estates Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes?

I Staked My Claim on a Few Communities, but the Clock and a Client Collided - 2008

My time slot for the localism land rush was duly noted (12:30), but I nearly missed it due to receiving an offer and a call related to it at exactly 12:28. I wanted some choice Palos Verdes communities, but my first duty is always to my client. I took the call.

I missed out on one of my top seven communities, but hey, I secured six, and that's not too bad. I was on the fence about the whole sponsorship thing until last night. I reviewed my marketing plan for the second half of 2008, and looked at the results for the first six months of this year.

The cold hard facts made the decision for me:

I'm working with six buyers as a result of my blog and localism posts.

I'm sending sellers in my pipeline to my blog for updates on local sales and listings.

My SOI is being converted to blog readers instead of a monthly letter update since my outside blog is up and running.

Ten people attended my weekend open house; two commented on my Active Rain blog.

My blog has allowed me to discontinue my snail mail newsletter saving me over $10,000 per year. My six communities cover most of the areas I mailed to, so $648 per year is a very small price to pay.

If the AR guys continue to direct google juice to localism, and I continue to provide good content for consumers, sellers and buyers will find my posts scattered throughout the Palos Verdes Peninsula communities. Some I will sponsor, others I will be a contributor to, overall localism may put my information in front of more consumers than my AR blog does, especially if some of the AR google juice is diverted to localism.

I've done my part to make the guys at AR a little money, let's see what they can put in my pocket. I'll be tracking this one closely.

I just re-read this blog and I think I'll sign off and hurry over to localism and see if there are any leftover communities I can still pick up. After all, I've been sending a glossy magazine to many of my top clients and that contract expires in September. That frees up another $200 a month in my marketing budget. If there is still time, I may grab a couple more; I never could resist a great bargain.

More blogs about a real estate agent's life from Norma.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800


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Palos Verdes Lifestyle Blog

Search for Homes

Palos Verdes Horse Homes Blog - Palos Verdes View Property Blog

Palos Verdes Estates Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes?

Is It Possible We're Over-Staging Our Listings?

A few weeks ago I showed property to some very classy buyers. We saw several upscale homes and all were staged to "the nines." It was full-on model home and then some. I think my buyer's response will surprise you; it did me. Here it is:

"I'd prefer to see the home vacant, without all the frou-frous. Why doesn't the seller spend the money on something that would actually benefit the buyer?"

Yikes, does he have a point? After a deep breath or two I asked what he would prefer instead? Sit down, if you're not already doing so.

"For starters, I'd like to see the floors, not area rugs that do not stay. How about if the seller pays down my loan rate, or picks up some closing costs? Better yet, reduce the price."

I'm not trying to ruffle any feathers. I have used stagers several times in the last few years. With the slower market conditions homes are staying on the market longer, and staging does make them prettier and showcases space and decorating ideas. But my buyer is right; all that gorgeous "stuff" does not stay.

Buyers are looking for added value. Price and condition are still their hot buttons. At least in one buyer's opinion, staging is throwing money away. Money he would like to see invested in improving the property he purchases, or in his pocket via a price reduction.

Are we asking sellers to pay for a service buyers do not want?

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800


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Palos Verdes Lifestyle Blog

Search for Homes

Palos Verdes Horse Homes Blog - Palos Verdes View Property Blog

Palos Verdes Estates Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

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Where is Palos Verdes?

Sellers, Are You Blinded by Love?

Perhaps you fell in love at first sight. Or maybe it took some time for those feeling to emerge, but if you're like most homeowners, you love your house. After all, it is home and the place where many milestone moments in your life have taken place. There are memories to be dealt with.

If you're ready to sell it, it's time to sever the heartstrings and take a long hard look at those emotional ties. Yes, this is a bit of a breakup. It's time to shed some light on the flaws, deal with the deficiencies and acknowledge it is time to move on.

Leaving gracefully is always a challenge. Do you simply walk away, or do you engage in some home therapy to make the place more appealing to prospective suitors?

You may recall memories of kids and pets frolicking on the family room floor. They see stained and worn carpet.

You see a roof you have nursed through the years with patches and tar. They see a big expense looming on the horizon.

You see the trees you planted as saplings towering high overhead. They see trees that need to be trimmed.

The pool has a small leak, but it was not a big of deal to you. It will be to them.

The decision to sell moves the savvy homeowner from owner to seller, and those are two very different stances. As a seller, your house is now a product to be placed on the open market. The days of it functioning as your home are numbered.

It's easy to overlook flaws when you're in love; you've grown accustomed to the quirks and personality of your home. However, those endearing attributes can cost you thousands of dollars when it comes time to sell.

More Seller Tips from Norma!

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800


Facebook Twitter
Palos Verdes Lifestyle Blog

Search for Homes

Palos Verdes Horse Homes Blog - Palos Verdes View Property Blog

Palos Verdes Estates Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes?

A Day Off in a Real Estate Agent's Life

I've decided there is no such thing. Today was a declared day off, however, I've set up a couple of showings for my listings. I also answered an "urgent email" from a client, took a sneak peek at the MLS hotsheet, and agreed to meet a client/friend for an early bite to eat before attending a pro tennis match together. Hey, she has free tickets and we share a love of the game.

The above activities were woven into my morning off while I sashayed around town, did laundry and tidied up my abode. I really did not classify them as work, more like attending to life, and that's why real estate is such a great career choice for the multi-taskers among us. A little of this and a little of that fits my personality better than a whole lot of one activity. That would bore my brain and silence my soul.

So today I'll find a little time to garden, paint a few strokes on my work-in-progress, email a couple of my kids and relate my encounter with a seagull from Hades on last evening's walk with my daughter and six week old grandson. Staying in touch and sharing a few moments with the important people in my life, but still making time for real estate work, even on my days off, is my way of living life.

There is no clock to punch, no set in stone start time, there are simply homes to sell and homes to buy for my clients. The myriad of details in between all miraculously fall into place. One by one it all gets done. And some of it happens on my so-called days off.

More blogs about a real estate agent's life from Norma.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800


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Search for Homes

Searching Through Cyberspace for a Place to Call Home

A few years ago when the real estate market was sizzling hot, buyers were happy to find a house they could afford, and with prices spiraling upward, almost any house would do.

Today, buyers have many choices, and it can be overwhelming to sift through the plethora of properties available.

Here are my Simple Steps for Success:

First, meet with a professional and determine what you can afford, and whether you need to sell your current home before you purchase a new one. Your lender of choice will give you a pre-approval letter stating you are qualified to purchase a home up to a certain dollar amount. This letter will accompany your offer and can be updated as necessary.

Next, narrow your search down to a few communities based on:

1. Location

2. Commute

3. Schools

4. Other amenities important to your lifestyle

Now you're ready to begin some serious searching. There are many online sites available, and many are useful during the initial stages of house hunting, but once you have narrowed your search to a few communities, an agent can send you a daily list of homes tailored to your specific criteria (price, location, amenities) and save you hours of scrolling though online sites.

Your agent will schedule appointments to show you only the homes that meet your specific needs. You will receive new listings, price reductions and other vital information on a daily basis. It's a great way to become an educated buyer with very little time invested in searching through cyberspace for your little piece of the earth.

More Buyer's Tips from Norma!

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800


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PalosVerdesLifestyle

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Palos Verdes Horse Homes Blog - Palos Verdes View Property Blog

Palos Verdes Estates Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes?

Eastview Neighborhood 2008 Sales -- Rancho Palos Verdes, CA 90275

The Eastview community of Rancho Palos Verdes was formerly part of Los Angeles and is still a part of Los Angeles Unified School District. However, since the residents now reside in the city of Rancho Palos Verdes they have the option of selecting either LAUSD or Palos Verdes Unifed School District.

Many of the homes in the Eastview neighborhood have spectacular views of the Los Angeles Harbor and the Vincent Thomas Bridge. Several of the streets are lined with Jacaranda trees and offer the residents a beautiful sight to behold in May and June.

The numbers are in for the first half of 2008 for the Eastview area of Rancho Palos Verdes:

Active Listings: 19 single family homes are currently for sale priced from $569,000 to $1,299,000.

In Escrow: 10 homes are currently under contract priced from $649,000to $825,000.

2008 Sales: 15 homes sold priced from $570,000 to $1,025,000.

In 2007 55 homes sold in the Eastview community priced from $548,900 to $1,130,000.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Rancho Palos Verdes Homes Blog - Rancho Palos Verdes Real Estate Website
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Search for Homes in Palos Verdes California on Toering and Team.

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PV Horse Property Blog - Palos Verdes View Property Blog

Rancho Palos Verdes Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes?

Silver Spur Neighborhood 2008 Sales -- Rancho Palos Verdes, CA 90275

The Silver Spur community of Rancho Palos Verdes is home to Peninsula High School, and the alma mater of my four children! The Silver Spur area is centrally located for easy access off and on the hill. It's one of the more affordable areas on the Palos Verdes Peninsula.

The real estate statistics are in for the first half of 2008 for the Silver Spur neighborhood:

Active Listings: 11 single family homes are currently for sale priced from $869,000 to $1,265,000.

In Escrow: 1 home is currently under contract priced at $799,000.

2008 Sales: 13 homes sold priced from $760,000 to $1,775,000.

In 2007 49 Silver Spur single family homes sold priced from $807,500 to $2,135,000.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Rancho Palos Verdes Real Estate Blog - RPV Real Estate Website
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Search for Homes in Palos Verdes California on Toering and Team.

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Rancho PV Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes CA?

Peninsula Center Home Sales 2008 -- Rancho Palos Verdes/Rolling Hills Estates

The Peninsula Center neighborhood is named appropriately--it is located in the center of the Palos Verdes Peninsula. Many of the homes have sparkling city light views and the central location gives them easy access to shopping, theaters, restaurants and access of and on the hill.

The real estate numbers are in for the first half of 2008 for the Peninsula Center neighborhood:

Active Listings: 6 single family homes are currently listed for sale priced from $998,000 to $1,399,000.

In Escrow: No homes are currently under contract.

2008 Sales: 5 homes sold priced from $1,005,000 to $1,530,000.

In 2007 19 Peninsula Center homes sold priced from $830,000 to $1,475,000.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Rancho Palos Verdes Real Estate Blog - Rancho Palos Verdes Real Estate Website
Rancho Palos Verdes Home Search - More information on Palos Verdes

Search for Homes in Palos Verdes California on Toering and Team.

Start your own blog on activerain!

Rancho Palos Verdes Horse Homes Blog - Rancho Palos Verdes View Property Blog

Rancho Palos Verdes Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes?

Crest Neighborhood 2008 Sales -- Rancho Palos Verdes, CA 90275

The Crest neighborhood of Rancho Palos Verdes covers the crest, or top, of the Palos Verdes Peninsula. A portion of the neighborhood is in Rolling Hills Estates. If you enjoy being just minutes from movie theaters, shopping and dining this is an excellent area to call home.

The real estate statistics are in for the first half of 2008 for the Crest area:

Active Listings: 6 homes are currently for sale priced from $950,000 to $1,499,000.

In Escrow: 3 homes are currently under contract priced from $895,000 to $1,139,000.

2008 Sales: 8 homes have sold YTD priced from $900,000 to $1,299,000.

In 2007 26 homes sold priced from $970,000 to $1,550,000.

Boutiques and restaurants line "The Brickwalk" along Deep Valley Dr. in Rolling Hills Estates.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Rancho Palos Verdes Homes Blog - Rancho Palos Verdes Real Estate Website
Rancho Palos Verdes Home Search - More information on Palos Verdes

Search for Homes in Palos Verdes California on Toering and Team.

Start your own blog on activerain!

Rancho Palos Verdes Horse Homes Blog - Rancho Palos Verdes View Property Blog

RPV Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Rancho Palos Verdes?

Los Verdes 2008 Sales -- Rancho Palos Verdes, CA 90275

The Los Verdes neighborhood is noted for the Los Verdes Golf Course and ocean view homes. Located between Hawthorne Blvd. and Palos Verdes Dr. West in Rancho Palos Verdes, this coastal community offers a variety of homes for those in search of an ocean view property.

The numbers are in for the first half of 2008 for Single Family Home in Los Verdes:

Active Listings: 6 homes are currently for sale priced from $1,025,000 to $1,699,000.

In Escrow: 6 homes are currently under contract priced from $985,000 to $1,199,000.

2008 Sales: 11 homes sold priced from $930,000 to$1,260,000.

In 2007 30 Los Verdes homes sold priced from $850,000 to$1,549,000.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Rancho Palos Verdes Real Estate Blog - Rancho Palos Verdes Real Estate Website
Rancho Palos Verdes Home Search - More information on Palos Verdes

Search for Homes in Palos Verdes California on Toering and Team.

Start your own blog on activerain!

Rancho Palos Verdes Horse Homes Blog - Rancho Palos Verdes View Property Blog

RPV CA Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

PV Property Neighborhood and MLS Area Map

Where is Palos Verdes California?

La Cresta 2008 Sales -- Rancho Palos Verdes, CA 90275

Homes in the La Cresta neighborhood in Rancho Palos Verdes often have spectacular ocean views. After all, the area is located at the top of the Palos Verdes Peninsula.

The numbers are in for the first half of 2008 for Single Family Homes in La Cresta:

Active Listings: 21 homes are listed for sale priced from $1,249,000 to $2,999,000.

In Escrow: 5 homes are currently under contract priced from $1,525,000 to $1,999,800.

2008 Sales: 12 homes sold priced from $1,250,000 to $3,400,000.

In 2007 35 La Cresta homes sold priced from $1,395,000 to $3,295,000.

If you're looking for an ocean view property La Cresta is an excellent place to begin your search. There are gated communities and custom homes galore. Pictured above is the entrance to Vantage Pointe, a gated enclave with homes priced from the low $2,000,000 range and up.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Rancho Palos Verdes Real Estate Blog - Rancho Palos Verdes Real Estate Website
Rancho Palos Verdes Home Search - More information on Rancho Palos Verdes

Search for Homes in Palos Verdes California on Toering and Team.

Start your own blog on activerain!

Rancho Palos Verdes Horse Homes Blog - Palos Verdes View Property Blog

Rancho Palos Verdes Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Rancho Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes?

Your House Did Not Sell. Now What?

Your property was prepared for sale. You painted, packed away box after box of personal photos and your children's treasures. You even spruced up the landscape with new sod and flats of flowers. The trees were trimmed and the hardwood floors gleamed. The location is choice. The neighborhood is picturesque and the neighbors are quiet. It was debut ready and then some!

You selected your agent with the greatest of care. Your home was listed with the appropriate fanfare, and agents and buyers paraded through it. You made it easy to show and a delight to see, but although the comments were positive the offer never arrived. Now what?

Let's Start with the Big Picture First:

The Economy: The Dow Jones is down and gas, food and loan rates are up. Consumers are conserving cash. They want the best deal in town, or they will stay put. Your property needs to scream VALUE. It does not have to be the cheapest, but it better be the best value or you'll get to keep it.

Counter this by keeping up with the comparable. See your competition and keep track of sales in your area. Offer the best value on your street and immediate neighborhood.

The State of Real Estate: The real estate cycle is always spinning. It's rising, it's falling, it's flat and it's certainly local.

Counter this by forgetting about the hot market of 2005 or projections for 2010. Make your decisions based on present market statistics for your locale, not on what was or what might be.

Now, Let's Get Personal:

Your Reason for Selling: Change drives real estate sales. If your life is changing from one phase to another, chances are it will involve some real estates changes also.

Counter this with a hard look at why you are selling. You can't put your life on hold while you wait for the glory years of real estate to return, but it might be prudent to consider leasing or delaying the sale if your price does not match today's value.

Your Property: Does it standout from the crowd? Is it elegantly showcased for sale?

Is it well maintained?

Counter this by making improvements and repairs prior to placing your property on the market.

Your Price: When all is said and done, PRICE SELLS!

Counter this by adjusting your property's price to present day market values. Armed with knowledge, facts and preparation the odds are in your favor.


More Seller Tips from Norma!

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Palos Verdes Real Estate Blog - Palos Verdes Real Estate Website
Palos Verdes Home Search - More information on Palos Verdes

Search for Homes in Palos Verdes California on Toering and Team.

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Palos Verdes Horse Homes Blog - Palos Verdes View Property Blog

Palos Verdes Estates Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes?

Country Club Community 2008 Sales -- Rancho Palos Verdes, CA 90275

High on the Palos Verdes Peninsula and off Hawthorne Blvd. lies the Rancho Palos Verdes Country Club neighborhood.

Numbers are in for the first half of 2008 for Single Family home sales in the Country Club neighborhood of Rancho Palos Verdes:

Active Listings: 15 homes are currently for sale priced from $1,429,000 to $3,875,000.

In Escrow: 1 home is currently under contract priced at $1,697,000.

2008 Sales: 10 homes sold priced from $1,259,000 to $2,280,000.

In 2007 29 Country Club homes sold priced from $1,072,500 to $2,525,000.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Rancho Palos Verdes Real Estate Blog - Rancho Palos Verdes Real Estate Website
Rancho Palos Verdes Home Search - More information on Rancho Palos Verdes

Search for Homes in Palos Verdes California on Toering and Team.

Start your own blog on activerain!

Rancho Palos Verdes Horse Homes Blog - Palos Verdes View Property Blog

Rancho Palos Verdes CA Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes?

Palos Verdes Dr. West 2008 Sales -- Rancho Palos Verdes, CA

Spectacular ocean views abound in the Palos Verdes Dr. West neighborhood ofRancho Palos Verdes. Multi-million dollar ocean front homes grace the coastline, and the hillsides above the ocean are dotted with view properties.

The numbers are in for the first half of 2008 for Single Family Homes in the Palos Verdes Dr. West area:

Active Listings: 13 homes priced from $1,195,000 to $6,780,000 are currently for sale.

In Escrow: 3 homes are currently under contract priced from $1,425,000 to $6,200,000.

2008 Sales: 5 homes sold priced from $1,120,000 to $7,500,000.

In 2007 18 homes sold priced from $1,000,000 to $6,999,000.

If you would love to come home to a spectacular Palos Verdes view call Norma Toering & Team for a tour of available homes. 310.493.8333.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Rancho Palos Verdes Blog - Rancho Palos Verdes Real Estate Website
Rancho Palos Verdes Home Search - More information on Rancho Palos Verdes

Search for Homes in Palos Verdes California on Toering and Team.

Start your own blog on activerain!

Rancho Palos Verdes Horse Homes Blog - Rancho Palos Verdes View Property Blog

Rancho PV Houses for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Rancho Palos Verdes?

What's Your SOF?

As I watched the Miss Universe Pageant last weekend (hey, I was tired after showing property, attending a client's birthday bash-a pig roast-but that's another post, and walking four miles in an attempt to shape up for an August wedding I will attend), I immediately noticed Miss Venezuela. She possessed The It Factor (IF), The Stand Out Factor (SOF).

Sure, there is no denying they were a bevy of beauties. Each gorgeous in her own right, but only one would wear the crown. Being a runner-up in a beauty contest is about as much fun as being the first runner-up on a listing appointment.

So why did Miss Venezuela win? It's hard to put your finger on the elusive IF/SOF. I noticed "it" in the way she moved, her carriage radiated confidence. From swimsuit to evening grown she owned her time on the stage. She looked like a winner because she believed in herself.

After picking my winner from the top 10, I went to bed. I was not surprised to see Miss Venezuela's picture when I turned on my computer the following morning. Her answer to the question asked of her was a winner too.

So what do beauty pageants have to do with real estate? Lots. It's a competitive career requiring much preparation, practice, and perseverance. It's a crowded field. Many will never be number one, but those who find their it factor, their stand out factor and play to their strength will be winners.

The same rule applies to the houses we dress for sale. They need to stand out from the crowd with their own personal It Factor. Whether it be a cottage or a castle we need to determine where to shine the spotlight and highlight the SOF of each property we market.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.


Find Norma on: Facebook - Twitter - LinkedIn - Email Norma

Palos Verdes Real Estate Blog - Palos Verdes Real Estate Website
Palos Verdes Home Search - More information on Palos Verdes

Search for Homes in Palos Verdes California on Toering and Team.

Start your own blog on activerain!

Palos Verdes Horse Homes Blog - Palos Verdes View Property Blog

Palos Verdes Estates Homes for Sale Market Reports

Norma's REMAX Palos Verdes Realty Office Phone Number

Palos Verdes Houses Neighborhood and MLS Area Map

Where is Palos Verdes?