Cutting Through the B.S. of Real Estate
Practical Tips for Buyers and Sellers of Today’s Market
Buyers and sellers alike are placing a lot of belief, optimism and capital into the City’s real estate market. This makes sense of course. San Francisco is at the heart of the technology and data-driven economy with precious little developable land, a diverse population, mild climate, proximity to Asia and Latin America, access to nature, wine, world-class universities and much more.
And we are a market flush with cash — tech-derived, international or borrowed thanks to low mortgage interest rates. All of this wealth is being funneled into our neighborhoods. Demand continues to far exceed supply but it could be worse. Compared to other international cities San Francisco properties are still only priced a third or at half of a Paris, London, New York or Hong Kong.
Buyers and sellers regularly ask me and my partner Jonathan about how they can make the most out of this market. Our experiences representing both buyers and sellers has given us some perspective that may help you.
This article originally appeared in the June 2015 Hatch Beat newsletter
Top 5 Tips for Better Buying.
3. Save more money.
With modern 20-percent-down-payment loans, any amount of extra money you save toward a down payment will be worth 5x its face value. So, cutting out that latté every day may make all the difference from losing out to another buyer and winning your next home. But cash talks of course, so if you’re going that route, save as much as you can so you can make the offer that no one can refuse!
Top 5 Tips for Better Selling.
Home Found: Guiding Buyers to their Dream Home
Prior to meeting Kevin, my wife and I felt lost as we started the process of looking to purchase our first home. Kevin was an excellent coach throughout the journey, holding our hand through every step, always available to answer any question (big or small). Kevin’s guidance is the reason we ended up winning the offer on our new home and we would highly recommend him to anyone looking to navigate the SF home buying process.
— Taylor and Carolyn, Buyers, Medical Startup & Attorney, Glen Park
Kevin was instrumental in helping me find the right place for me and writing a winning offer for my new condo in Alamo Square.
When I started looking for a place at the start of the year, I knew the San Francisco market was competitive, but I had no idea how fast-moving and short on supply it was. Kevin was the perfect agent to handle these difficult conditions. He was always very responsive to texts, had great connections to all sorts of people, and constantly shared photos and documents relevant to the places we visited.
When it came time to make an offer, Kevin really pulled through at coordinating all the necessary parties to get the offer ready on a last-minute schedule. He followed through in ensuring that we closed escrow within an aggressive 17-day timeline.
With Kevin I know, I have someone I can continue to rely on for future advice and needs in real estate. Plus, he’s a super friendly dude.
— Mike, Buyer, Social Media Company Engineering Manager, Alamo Square
Professional Success for Buyers as Sellers
Kevin’s enthusiasm with his profession was apparent when I first met him at an open-house he was hosting. When we were ready to work with a new agent, I had no hesitation to engage him. Kevin not only helped us find a new home in the ideal neighborhood, he also managed to sell our condo (very shortly after) way above asking. He is very knowledgeable with the SF market and has a vast network to provide insights to off-MLS availability. In fact we found our current place off-market from his contacts, and even worked with his recommended Mortgage Broker to secure our loan. He was a great resource for us during both the confusing buying & selling processes. I highly recommend him to help you procure or sell your property.
— Ron & Rick, Sellers & Buyers, CRM Manager & National Retailer Corporate Manager, Dogpatch & Eureka Valley