According to recent MLS data, Robert & Christy Thompson, Realtors from the #1 Real Estate office in Corona - "Keller Williams Realty-Corona" are the number #1 Listing agents in the Mountaingate Neighborhoods for the last 2 years for combined Standard and Short Sales listings.
When asked how they did it, Robert responded "Some of our competitive agents in the area disappeared and pursued REO accounts. We made a strategic decision to stick it out in the area we know best and the community we are proud to work in. We have always had pride in the fact we fight hard to keep home values up on the homes we list. We have consistently had one of the highest list price/sale price ratios in the area and people know that and it is one of the reasons they hire us. I see some agents are back pushing mass door hangers the last couple of weeks to get their name back out here. Well all I can say is we have never left servicing our Mountaingate community"
With bank owned homes (REOs) dominating the market in 2008 and short sales taking over the market share in 2009 it was tough listing homes in a volatile market.
Christy Thompson added "We have a slogan that we firmly believe in: "A Family Helping Families Fulfill the American Dream with Honesty, Integrity, and Twice the Service" our clients see this reflected in our work and our results show it. Since we live in the area we also have a vested interest in keeping home values up. It is disappointing at times to see agents from outside the area like Orange or LA county that do not know our neighborhoods and list the price low to get a quick sale. We just don't understand the motivation sometimes. I mean, we list numerous homes outside our area as well, however because they are either past clients or referrals we still get top dollar for their homes."
With Short Sales still being the dominate sales type in the market, there has been a big push by some agents to encourage people to short sale their home and using questionable tactics to do so.
Robert added, "It really comes down to the owners motivation. If they prefer to stay in their home, their are definitely ways to help them. What is discouraging is some are coerced to short sale by questionable means. We know of instances where agents have told them they are representing or hired by the banks to do a short sale and that they cannot do a short sale with anyone else, and this is simply not true. We wrote in our blog last week on issues regarding short sales and homeowners who have Notice of Defaults filed and encourage anyone who is considering a short sale to read it here. "
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1 comment:
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Charles A
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