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How to sell a home in a Buyer's Market in Modesto or Your Area!
2008-03-04 10:11:50
I have had the great fortune lately of being in the middle of a tremendous bidding war for houses. Buyer s have a wonderful opportunity to buy in this market.  They are all looking for a deal and many people are looking for an all out steal.  With home prices changing fairly quickly in this market, how do you sell a listing.  I have tons of people that are calling me wanting to purchase a home.  The problem is that there is a 13 month inventory of houses that are out there, and it seems like many of those are in bad shape and will stay on the market for another 13 months. How do you move these properties? The solutions to this problem is very easy. There are a few things that I do to ensure that a home sells.1.  Staging:  Make sure that the house is clean
Read more: Market

Are you doing your job?
2008-03-03 15:47:06
Being a Realtor in the Modesto, California area and helping people buy and sell houses is a passion of mine. It is a great way to meet people and help people realize the American Dream of property ownership. I only know how to exist in a buyers market.  I got into the industry when the market was cold and it just now has started to get better. I have been doing farms, open houses, etc.. I am willing to go the extra distance to get results.  The question I pose to Realtor's out there, is what do you do to get those results? I understand that some things that Realtors do are closely guarded secrets and I am not asking about that.  I also understand that there are systems out there and coaches which offer products that work for some, but not others.  What do you d


Pricing
2008-03-03 09:30:52
In the area of the country that I live in, there are close to 13 months of inventory for the current market. This is actually down from 22 months that was 3 months ago.  Many of the top Realtors in the area are either struggling profusely or are leaving the business altogether. What makes the difference between an agent that is being successful in this market and one who is failing? The answer is pricing.  One of the techniques that is being used in my area is to drop a house 20-30K below market value and start a bidding war. This has been successful for me, but I know that it can be ineffective. The key things for a realtor to do is to look at the actual prices of homes for sale in an area and drop their house 5% below it, so that it is the lowest price.  This will generate
Read more: Pricing

HUGE PRICE REDUCTION (2/29/08): 2504 Brandeis Way, Modesto, 95358
2008-02-29 13:24:22
Matthew R. Zgonc | ERA Village One Real Estate | 209-614-3103 2504 Brandeis Way, Modesto, CA Pool! 3 Bdrm Single Family House offered at $128,800 Year Built 1978 Sq Footage 1,439 Bedrooms 3 Bathrooms 2 full, 0 partial Floors Unspecified Parking 2 Car garage Lot Size 4,791 sqft HOA/Maint $0 per month DESCRIPTION Spacious corner lot. Lots of space available. Huge pool in backyard. This won't last long. CALL 209-614-3103 see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace Swimming pool ADDITIONAL PHOTOS Seller contact info: Matthew R. Zgonc ERA Village One Real Estate 209-614-3103 For sale by agent/broker


Do you know your neighborhoods?
2008-02-29 10:00:47
Customers are looking for Realtors or real estate agents that are knowledgeable in their field.  One of the main things that they are looking for is your knack of knowing the different aspects of each neighborhood. By having the knowledge of different neighborhoods you are able to help them find an area that is most suitable to their needs:  such as schools, parks, housing types, etc. It will allow them the best opportunity to buy or sell a home that fits their desires and needs.If you cannot provide them with the information that they need, then they will turn elsewhere.  My suggestion is that if you do not know something about neighborhoods ahead of time, you research and anticipate any questions that they may ask about it, such as the names of schools, parks, and type of


Mortgage Workshops
2008-02-28 09:37:51
With all the fall out with the subprime mortgage industry, it is good that communities are coming together to help homeowners that have questions about foreclosures or ways to avoid foreclosures. In Modesto, there is a mortgage workshop on March 7, 2008, that deals with that issue.  They are asking for realtors and mortgage people to volunteer their time and train them on how to address the issues at hand.  Mortgage workshops are a good way for communities to get involved in stopping foreclosures and for people to see that realtors care about them.  I know that I plan on being there, how about others in the area? If we can save a person's home then we do our industry and our community a big service.
Read more: Workshops

Open Houses Can Work
2008-02-28 09:31:56
I have lately read quite a few posts on Active Rain that have said that it is not worth an agents time to do an open house.  What are the benefits of doing an open house, besides to reassure the home owner that you are doing everything possible to sell their home? There are many, and I recently have had situations that make it all worth it. Two weeks ago I was doing an open house at a condo listing in Modesto and only had five or six people walk in that day.  I got all their information, but one person really liked the listing and took a special interest in it.   I now have an offer on the table where I represent both parties involved in the transaction. If I had not done an open house that weekend, then I would not be in this position. In addition, I also have got
Read more: Open Houses

Blogging: Substance or Quantity?
2008-02-25 14:43:21
Blogging is quickly becoming America's National Pasttime.  I even think that it is passing up baseball for that honor. Everyone who is anyone has a blog.  The more you blog, the more reputable you become.  Should this be the case?  I think not.  Blogs should be of substance.  The better quality blog that you produce, the more comments that you should acquire. As a Realtor, blogs should be geared toward people that would be visiting your website.  One mistake I have noticed with many posts is that they are only posted on Active Rain and are not utilizing Localism.  Localism is a great area that consumers read to learn more about properties and areas. In addition it can help them buy or sell property in your area (mine is Modesto) You need to be th
Read more: Blogging , Substance , Quantity

Tips for Avoiding Foreclosure
2008-02-25 14:15:50
Being in the foreclosure capital of America,  I thought the following tips might come in useful for people in San Joaquin, Stanislaus and Merced Counties. Here are some tips for avoiding foreclosure: If you are unable to make your mortgage payment, don't ignore the problem. The further behind you become, the harder it will be to reinstate your loan and the more likely that you will lose your house. Contact your lender as soon as you realize that you have a problem. Lenders do not want your house, and they have options to help borrowers through difficult times. Contact a counseling agency for information and advice.Open and respond to all mail from your lender. The first notices you receive will offer good information about foreclosure prevention options that can help you weat
Read more: Foreclosure

Keep Active Rain in Perspective!
2008-02-19 14:44:26
Many of us know that Active Rain is a wonderful tool that can help promote websites and be a place for referrals. I know that I have seen my share of the benefits of Active Rain.  This blog is not about how to promote websites, best techniques used for marketing, or SEO's.  This blog is about keeping Active Rain real and keep it in perspective. If you are like me, competition is what drives me to succeed, I strive to be the best I can be in all areas.  However once the points start accumulating, the euphoria that I got caused me to be obsessed about points. But that is not the purpose of Active Rain.  The points are not what matters, it is the information that matters the most, and by reading and absorbing it, you will become a more reputable and knowledgeable realt
Read more: Perspective

Introduction to group
2008-02-16 12:20:33
I wanted to introduce myself to the Learn How to be a Top Producing Listing Agent Group. I am Matthew Zgonc and I am a reator from Modesto, CA. I am primarily a listing agent, but do have buyers as well. I have been in the industry for about 2 years and am still learning a lot. I look forward to being a part of this group and networking with all of the members in the future.
Read more: Introduction

Introduction to group
2008-02-16 12:09:30
Hi! I am Matthew Zgonc. I wanted to introduce myself tothe Agents Who Want Referrals Group. I have been a Realtor for a few years and have been established in different systems. I try yo incorporate the best of these and apply them into my business. I have many contacts that are moving out of my area (due to relocation issues) and am looking to share these leads with agents in other areas.
Read more: Introduction

Introduction REO group
2008-02-16 11:57:05
I just wanted to introduce myself to the REO group. I have been working with REO's for a while now, with most of my work providing BPO's for various companies. I feel that I will be a good contributor to this group and will respect the code that has been established. I work in Modesto, CA, and stick primarily to Stanislaus County. I look forward to associating with everyone here and look forward to being part of this group.
Read more: Introduction

Introduction
2008-02-16 11:44:48
I just wanted to take this opportunity to introduce myself to the photography group. I am a realtor in Modesto, CA, who loves photography and wants to learn more about taking good, quality pictures. I believe that good pictures can be the difference between a good listing and a great one. I look forward to meeting thw wonderful people in this group.
Read more: Introduction

2504 Brandeis Way, Modesto, 95358
2008-02-13 15:55:43
Matthew R. Zgonc | ERA Village One Real Estate | 209-614-3103 2504 Brandeis Way, Modesto, CA Pool! 3 Bdrm Single Family House offered at $198,904 Year Built 1978 Sq Footage 1,439 Bedrooms 3 Bathrooms 2 full, 0 partial Floors Unspecified Parking 2 Car garage Lot Size 4,791 sqft HOA/Maint $0 per month DESCRIPTION Spacious corner lot. Lots of space available. Huge pool in backyard. This won't last long. CALL 209-614-3103 see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace Swimming pool ADDITIONAL PHOTOS Seller contact info: Matthew R. Zgonc ERA Village One Real Estate 209-614-3103 For sale by agent/broker


4000 Fara Biundo Dr #75, Modesto, 95355
2008-02-13 15:05:21
Matthew R. Zgonc | ERA Village One Real Estate | 209-614-3103 4000 Fara Biundo Dr #75, Modesto, CA Foreclose Bargain 2 Bdrm Condo offered at $140,000 Year Built 1984 Sq Footage 912 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size .069 acres HOA/Maint $0 per month DESCRIPTION This condo is priced to sell. Bring your offers. This one will not last long. see additional photos below ADDITIONAL PHOTOS Seller contact info: Matthew R. Zgonc ERA Village One Real Estate 209-614-3103 For sale by agent/broker Equal Opportunity Housing Posted: Feb 13, 2008, 10:52am PST


Introducing Lani Carlson
2008-02-12 15:37:01
I wish to introduce Lani Carlson to the people of Active Rain.  She works for First Valley Mortgage in Modesto, California and has been in this business for a very long time (15 years). She is a loan specialist and is very familiar with all the new types of loans and packages that are available to consumers.  She also helps consumers do the things necessary to help them purchase a house in the future; whether it be three months or three years down the road.I know that everyone will like her once they get to know her. I have learned a tremendous amount about loans and packages from her, since I have been in this industry. She has a lot of knowledge to offer and Active Rain is lucky to have such an experienced specialist on board.  It is an honor to introduce her to the Newbie
Read more: Introducing

The difference between Bank Owned and Short Sale Listings
2008-03-13 15:18:02
Living in the Central Valley of California, and working primarily in Modesto, the majority of the homes that are for sale are either foreclosures or short sales. Every one in real estate understands what a short sale is, but many consumers are confusing bank owned homes with short sales. A bank owned home is one that the bank has taken back from the owner.  It has generally gone through the entire foreclosure process or has been given back to the bank through a deed-in-lieu of foreclosure (where the owner gives back the title to stop a foreclosure). The bank usually will have a short turn-around time for approval on selling the property.A short sale on the other hand is when the bank accepts a payoff amount for less than the amount that is owed on the property.&nbs
Read more: difference , Short

Are you being innovative?
2008-03-13 11:57:46
With a possible recession looming over the horizon and dismal sales in many parts of the country, some Realtors are thriving.  How can this be? What are they doing that is different than other Realtors who are leaving the business? The answer is simple,  they are being innovative!They are doing various things that other Realtors are not.  Some are finding niche markets, such as REO's, BPO's, or specializing in short sales. While others are getting back to the basics and focusing on Search Engine Optimization. The best thing for you to do is very dependant upon your market. The key thing for you is to find out what techniques that the successful people in the market are using and copying them, or find your own niche. You need to find ways to get people's attention


Consumers: Are you considering a short sale?
2008-03-12 16:16:55
Many people are in the situation where their home is actually worth quite a bit less than what they purchased it for. When they bought the home, they were told that refinancing it would be no problem and that they did not have to worry about the bubble bursting in that particular market. This type of thinking is what is causing the foreclosure crisis throughout the Central Valley of California and other parts of the nation. Now that the President has passed a law eliminating the taxation of short sales as income, a short sale is a very viable option if you are selling a home and can't afford your payments.The key thing with a short sale is to be proactive. Contact your company as soon as you realize that you cannot continue to afford the payments and have them send you a short sale pac


Finding out what a person wants in a home.
2008-03-11 11:28:35
I have found through experience that the most essential thing a Realtor can do is find out the specifics a person is looking for in a home.  It is essential that you listen when a person tells you that they need a 3 bedroom 2 bathroom home at the very least.  That way you do not waste your time in showing them potential properties with 2 bedrooms and 1 bathrooms. Some of the questions that I ask buyers is what are you definite needs in a home.  After they tell me, then I ask them what is their list of wants or desires. I then try to find a home for them.  I keep this home within the price range and necessities that they specify.  If I do not do that, then they will look for someone else. The best advice I can give to any Realtor is LISTEN to your client.  As e


Riverbank
2008-03-14 14:08:04
A little known area in the Central Valley is Riverbank . Riverbank is divided into various sections, due to the Railroad Overpass going though the town. It has a small-town feel, yet has all the amenities of a larger town. One of the best theaters in the Central Valley, Galaxy 12 Theaters is located here, while home prices are very affordable. The schools provide a good-quality education, while effectively preparing students for the future of the real world. There is one major high school and one junior high and a few elementary schools. There is a large hispanic community, but the crime rate is pretty low and only minor gang issues throughout the area. Most of the restaurants are located along Patterson Road, which is the main thoroughfare for the city, and the median home price is $235,00


Improving Customer Service
2008-03-14 12:32:02
In Real Estate, we are driven by the markets. In the current buyer's market that we are in, throughout most parts of the country, it is essential to improve our customer service.The following hints will be helpful in improving your customer service skills and enable you to get more clients:1.  Be personable:  The customer must be able to relate to you. If that cannot happen, then they will find someone else.2.  Know your neighborhoods:  If a person is looking for a specific house-type or neighborhood, school, etc., you need to know immediately if you can provide that to them. Just a quick drive around your city or area and taking notes will help you answer that question.  Yes, I can show you a 5 bedroom Victorian in this part of town.  Not a problem at all
Read more: Customer , Service

Where do you find clients?
2008-03-19 10:34:54
When I first entered the Real Estate Industry I had no guidance or clues what to do to obtain or keep clients. I got a few through paying a monthly fee on RealtyTrac, but had only 1 sale within the first year. That is when my wife discovered Active Rain and I have been more busy than I could ever imagine. Most of it has been due to page ranking, which has steadily improved through the months. I also have been doing traditional marketing, such as door hangers and leaving cards everywhere. Anytime I meet someone on the street I hand out my cards to them, or if I go to a garage sale. I make a minimum quota that I have to hand out daily. In addition, I have expanded into the REO and BPO market, which has helped a lot. My question to Realtors out there is where do you find your clients, or what


Rates are going down, what does this mean to your mortgage?
2008-03-19 10:16:18
This means that rates are potentially going up, since the feds funds rate which was just cut, mainly applies to corporations on the bank investor. The ten-year treasury note is tied in directly to the bond investor,(not the fed funds rate as is commonly thought) and that is what causes mortgage rates to go down.  The catch is that if interest rates go down then bond investors will demand a higher return, thus causing interest rates to go up for mortgages. In addition, many banks or mortgage lenders are charging fees to help them make profits, which causes the mortgage payment to go up.So to sum it up, what does the fed rate cut over the last two days mean for the consumer?  The answer is higher interest rates.  Don't be surprised to see rates up to 7% in the near fu
Read more: Rates

Consumers: Qualities of a Good Buyer's Agent
2008-03-18 14:03:51
There are tons of real estate agents out there.  Many people are innundated with the choice as to which agent to choose when buying a home . Here are some hints for the consumer to realize the difference between an average and a great agent:1.  The agent will present to you a list of homes in a binder of some sorts that lists all the homes that you will be looking at.2. The agent will have no homes that do not meet your original criteria.  For example, if you specify at least 3 bedrooms, 2 baths, there should not be any homes that are 1 bedroom or 2 bedrooms on the list.3. They will be dressed professionally.  A great agent will be dressed for success. They may not be in a suit, but they will be dressed to impress.4. They will be on time.  Your time is importa
Read more: Buyer , Agent

Escalon
2008-03-18 10:57:55
Escalon is located in the crossroads between Modesto, Oakdale, Riverbank, Stockton, and Manteca. From this town you have a gateway to any of these cities. It is located along HWY 120 with McHenry Rd in Modesto turning into Mariposa Rd, which ends up in Stockton. It is home of the Escalon Cougars, which usually have one of the best football teams in the state. It is located in Stanislaus County, very near San Joaquin County.In terms of homes, Escalon is fairly moderately priced, with a 3 bedroom 2 bathroom home going for a median price of $275,000. It is a fairly small town with many people living along the outskirts or near the Valley Home area in the country. Crime is at a minimum, with almost no need for a police force. Even though Escalon is a small town, it has wonderful places to eat.


Oakdale
2008-03-18 10:32:48
Oakdale is known as the "Cowboy Capital of the World" and is a wonderful town to live in. It is located NortEast of Modesto and is located in Stanislaus County. I live in this town and have found it to be very, very quiet. It is a suburbia with a small-town feel to it. Last year when they celebrated their 100 year anniversary of being a town, Oakdale had an actual cattle drive through the main roads to thei city. It is home to the Oakdale Rodeo which occurs the first weekend every year and features some of the top bull riders in the nation. It is also home to ConAgra foods which features Hunts Tomato Brands and Rosarito Chips. It is the former home of the Hershey Chocolate Factory, which just recently moved out of the area to facilities in Mexico.In terms of neighborhoods, it is


Welcome Beverly Eagle-Rodriguez
2008-03-30 21:12:10
Hi Everyone, Matthew Zgonc here and  I just wanted to take this moment to introduce Beverly Eagle -Rodriguez to the Active Rain Network.  She is a Realtor at the ERA Village ONE Office in Modesto and is a rising star to real estate. She and I started at the office at around the same time period and she is one of the nicest people that I know.I hope that all of you take the time to welcome Beverly here and make her feel at home. 
Read more: Welcome

Have we hit the Bottom?
2008-05-06 09:48:09
In my part of the country, many professionals are speculating that we are a year or so off on hitting the bottom. Every time it seems that things are starting to get better, another wave of foreclosures hit the market extending the inventory from 11 months to 15 or more. In Stockton, national figures assume that 1 in 30 homes are bank owned.  That is just under 4 times the national average. There were almost 1000 homes put up for auction last month in Modesto, alone. With almost every home being listed in some state of foreclosure or being a short sale, it is very rare to see active listings that are not bank owned. However there are signs that we are nearing the bottom. Investors are starting to enter the market and are buying homes at low prices. There are bidding wars for REO
Read more: Bottom

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