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Category: Selling Your Home

An image of a family in the living room packing up storage totes and boxes.
Investing In Real Estate

How to Know When to Sell a Rental Property

When my wife and I first got into real estate investing over 10 years ago, we figured that we’d hold each rental property for the rest of our lives. Why not, right? As long as each property was cash flowing, we figured that it was a good source of passive income and that we should just keep it in our portfolio to grow our net worth over time. As it turns out, there’s a lot more nuance to it than that, and we didn’t wake up to this until fairly recently, within the last few years. And because we didn’t

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Buying A Home

How To Find A Real Estate Agent You Can Trust

When I was in fourth grade, I had a teacher who had a reputation for being brutal. She had been teaching a long time and certainly knew how to teach, but she wasn’t exactly what you’d call a nice teacher. I remember looking at my friends in the other fourth grade classes, laughing and seemingly having a great time, while my teacher was very strict and demanding and continued to pile on the homework.  Ultimately, we were all learning the same concepts and skills, but the experience was vastly different from one classroom to the next. This is the same

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Selling Your Home

Joe Dickerson Group Seller Case Study

Case Study: 3-Bedroom / 2-Bathroom North Oakland Home Are you considering selling your home in Oakland or the greater San Francisco Bay Area? Whenever you’re selling a home, there are lots of things to think about, including: Timing – How quickly do you need to sell your home? Do you need to sell this home in order to buy a new one? Market – How’s the overall market doing? Is now a good time to sell? Pricing – What are comparable homes priced at? What’s the best price to list your home at? Getting your home ready for the market

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Buying A Home

What is a disclosure packet?

If you’re shopping for a house in Oakland, Berkeley, or much of the East Bay, you’ve probably looked at houses that come with a giant binder or packet of information full of all sorts of things you may or may not want to know. This disclosure packet is typically serving three roles: seller’s duty to disclosure, agent’s disclosure and disclaimers, and upfront reports and inspections. Seller’s Duty to Disclose First, the disclosure packet is meant to satisfy the seller’s statutory duty to disclose material facts affecting the property. This is usually done through three official forms, the Transfer Disclosure Statement

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Selling Your Home

Is my Zestimate accurate?

O man. Zillow’s Zestimate and other Automated Valuation Models (AVM) lead to some challenging conversations with homeowners in Oakland, Berkeley, and much of the East Bay. The conversation usually goes like this: Me: “After looking at comparable sales in the area, your property’s condition, and other market factors, I believe your home will sell for roughly $800,000 if properly priced, prepared, and marketed.” Homeowner: “Zillow says my home is worth $850,000. ”. Me: “I can respect that. I’ve looked beyond what an automated valuation can provide to get you a realistic valuation.’ Homeowner: “Realtor.com says $847,000, Redfin says $925,000. Are

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Selling Your Home

I’m selling my house. Do I have to Disclose that?

In California, the answer is probably yes. Each state has its own disclosure requirements, and it turns out there’s still one out there–Alabama, I’m looking at you–that has little to no seller duty to disclose. I know from personal experience; Ask me for an educational story about investing out-of-state. When I’m listing a property in California, if a seller asks me if they need to disclose something, usually the best advice I can give is: if you have to ask, yes you should probably disclose. We live in a litigious environment, and experts like Broker Resource Law Group believe the

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Selling Your Home

How Long Will It Take To Sell My House?

It depends on your motivation! In our current market as of this writing, we’re in a very strong sellers’ market. That means we have very low supply and high demand. And that means houses in Oakland, Berkeley, and the East Bay are selling like hotcakes. In my conversation with potential sellers, this question always comes up: How long will it take to sell my house. For most houses in our market, the answer is that a well-prepared, well-priced, and well-marketed property will sell in two weeks or less. Nowadays, it’s not uncommon to have a house sell before being formally

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Selling Your Home

Prepare Now To Sell Your Home In Oakland This Spring

In all of our years in the Oakland real estate industry, here’s a truth we’ve learned: it’s the proactive homeowner who ends up having the smoothest home sale and, typically, makes the most money. If you start now, you’ll have plenty of time to prepare your home (and yourself) for the spring market and be among those success stories. Will you be buying a home when this one sells? Let’s get a market analysis done now so that we have at least a rough idea of your home’s current market value. Yes, it’s a bit early, but we just need

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Buying A Home

Real Estate Lingo Deciphered: What’s a “Comp?”

From Ikea product hacks to painting kitchen cabinets and refinishing countertops, Americans are absolutely hooked on the DIY craze. There are some things, however, that only a pro should tackle and that includes determining a home’s current market value. In fact, a National Association of Realtors’ survey of for-sale-by-owners found that determining an accurate price for their home was the homeowner’s most challenging task. Pricing your home too high or too low are both disastrous to your pocketbook. Real estate agents and professional appraisers pretty much use the same process to determine a home’s market value. The purpose behind the

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Selling Your Home

Selling Mom and Dads’ Home

One of life’s most challenging aspects is watching our parents age. Then comes the day when you, and they, realize they’ve lost their physical independence. Whether they are downsizing into a smaller, less maintenance-intensive home or are moving in with you or to a care home, giving up a long-loved home is wrenching. Thankfully, they have you and you have us and we have tips to help your parent or parents — and you — through this tough time. Get Legal Advice You may be required to use the proceeds of the sale to pay for your parents’ care if

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