Palos Verdes Lifestyle - Norma Toering's PV Real Estate Blog

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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

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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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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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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.


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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.


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Peninsula Center Home Sales 2008 -- Rancho Palos Verdes

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

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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

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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

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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

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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.

Subscribe via ActiveRain - Subscribe via Email - 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?