Sexiest Realtor Bay Area Delayed And Changed

Hello all! Thank you for all of the nominations so far, please keep sending them in (thefrontsteps@gmail.com). Unfortunately, life events are getting in the way of our fun and we simply do not have the time to hold a contest for each county. So keep sending in your nominations for Sexiest Realtor in the Bay Area and we’ll put them ALL to a vote at the same time starting December 7th. That means no elimination rounds, just one big voting frenzy.

In the meantime, check out these sexy Realtors if you were expecting some pretty faces today:

womenofrealestate1

Leave it to the Mormons to take it up a notch. (An assumption, and joke, based off of the Women of Real Estate’s proximity to Salt Lake City, UT.)

We Never Said Playing The (Condo) Lottery Would Produce A Win

2010 Condo Lottery: Previous participation may not yield additional tickets

Dear Plan C Member,

Ticket sales for the 2010 Condo Conversion Lottery have been announced by the city and will begin on Monday, November 23rd (additional information can be found here).

As you may be aware, it has been the practice of the City to issue additional tickets to buildings that can substantiate unsuccessful past participation. Specifically, the rules and instructions issued by the City’s Department of Public Works (“DPW”) for the 2009 lottery (ORDER NUMBER 177,881) stated, “Multiple tickets for any building will be sold based on the current 2009 lottery and proof provided for each year of past unsuccessful participation; that is one (1) ticket for the 2009 lottery, one (1) ticket for unsuccessful participation for any and all of the lotteries during the 1990-1994 period, and one (1) ticket for each year of unsuccessful participation in the 1995-2008 period.”

Recently we learned that the City may be denying additional lottery tickets to buildings that qualify with the minimum qualifications (summarized generally as: one owner-occupied unit for each of the last three years in 2-4 unit buildings, and three owner-occupied units for each of the last three years in 5-6 unit buildings). Historically, lottery priority and the issuance of additional tickets have required that one of the qualifying owner-occupants has been an owner (but not necessarily an occupant) during each of the previous lottery losses. The change for the last couple of years and for 2010 is that DPW appears to have a new interpretation of written law. To establish priority credit (additional tickets), DPW is requiring that each of the qualifying owner-occupants be the same original owner occupants that were unsuccessful in past lotteries.

Simply put, your building might qualify for the 2010 lottery and receive one ticket, but unlike in years past, may not be entitled to additional tickets based upon unsuccessful previous lottery participation.

We are reaching out the membership of Plan C to see if there are other TIC groups where this situation is likely to have an impact. If you’re facing the same issue, or would face this issue if one of your fellow TIC co-owners were to sell their interest, let us know and we will put you in contact with other similarly situated people. Send us an e-mail at, info@plancsf.org.

Collective action by affected TIC groups (including possible litigation) is more likely to succeed than individual efforts.”

-DPW Condo Lottery Information Page

Strippers Wanted For “Entertaining” Prospective Clients

stripper1

Oh this is good. Do you want to be an “entertainer”, get people wasted, and take their money? Well, you’re in luck. You don’t have to be a stripper to land this job. You can be a Realtor’s assistant!

From the Craigslist Ad:

Models Wanted for Happy Hour Events
Date: 2009-11-16, 9:00AM

We are looking for female models for happy hour events in San Francisco.
We are a a group of Real Estate agents who entertain prospects and clients.
You will be responsible for making sure that our guests have fun and everyone makes it home safe.
These events are at resturants and bars in San Francisco where you will be entertaining prospective clients for business relationships.
You must be friendly, outgoing, and be able to drink responsibly.
We will be doing interviews this week on Thursday in Burlingame.
Do not reply if you have a drug or alcohol problem.
You will be paid $20.00 per hour for which you will be given a 1099 for.
Please send at least 3 photos to be considered. The next job will be Tues next week.

Hiring Organization: Reply by email
-Location: San Francisco
-Compensation: $20.00 per hour 2hr min
-This is a part-time job.
-Principals only. Recruiters, please don’t contact this job poster.
-Please, no phone calls about this job!
-Please do not contact job poster about other services, products or commercial interests.

And from us here at theFrontSteps, please be careful and make sure to take a picture of these [fill in the blank] and send it our way!

“Liquor, beer and wine, it’s the flashing sign I see…” Every single morning when I wake up, I wanna sell some property. (Google “Reverend Horton Heat’s” song to get the melody.)

Oh so fun to be in real estate.

Thanks to InsideSFre.com for the “tip”…no pun intended

-Patrick Swayze, Chris Farley Chippendales Audition Video
-Bay Area’s Sexiest Realtor Contest

San Francisco Real Estate Market Values In A Fun Interactive Graph (Courtesy Of Zillow)

So we’ve heard from Realtor Economists, we’ve heard from our Association of Realtors, and looky there! Now we get to hear what Zillow thinks the real estate market is doing! Fantastic!

Have a look at San Francisco Home Values:

zillowhpindex1

Now have a look at San Francisco Median Sales Price (Holy Crap Batman! It looks like Prices are all over the map!):

zillowhpprice1

In all seriousness, their graphs are pretty cool and certainly fun to play around with, and if you look at their charts, our values have clearly hit a bottom and are going up, baby!!!!

-Rent vs. Own Interactive Graph [theFrontSteps]
-Zillow Home Values For San Francisco

Comment Du Jour: You Don’t “Need” To Put Your Children In Private School

Bringing back an old favorite with our “Comment Du Jour”, because sometimes we simply can’t say it as well as our readers. This comment from Caroline SF on our recent post, It’s Less Expensive And More Environmentally Friendly To Live In The City, We Have Proof, is so good that we absolutely have to let you all in on her thoughts:

I have a college freshman and a high school sophomore who have gone all the way through SFUSD schools.

Only the uninformed (well, and perhaps those who don’t want their kids sitting next to “those” people in class) believe that San Francisco parents “need” to send their kids to private schools.

Of course we do have many friends who do and have sent their kids private, and there is simply no discernable difference in the quality of their education vs. the quality of my kids’ education. Basically they spent $150,000-$200,000 per kid for the same thing we got for free — a solid K-12 education. They chose to do that for whatever reasons of their own, but they didn’t “need” to do it.

Touche!

-It’s Less Expensive And More Environmentally Friendly To Live In The City, We Have Proof [theFrontSteps]

Friday Video: Thierry Henry Handball? (World Cup Soccer…Football For The Rest Of The World)

Nothing to do with real estate, everything to do with World Cup Soccer. Thierry Henry, handball? Clearly!

For those that don’t know soccer, first of all shame on you (it’s the most popular sport in the world), but when a player touches the ball with his hands it is considered a foul, referee blows the whistle, play is stopped, goal is reversed, other team has free kick, thus getting the ball back. The world is abuzz as to whether this was intentional, and whether the game should be replayed, because it advanced France into the World Cup (the largest sporting event in the world…yes, bigger than the silly Super Bowl).

We consider San Francisco pretty metropolitan and there are a few soccer fans here, so what do you think? Sophie, what say you?

We Clearly Can’t Make The Baby Boomers Happy In San Francisco

This from California Real Estate Magazine [with our comments thrown in]:

Baby boomers want suburban [not us], single-story homes [we challenge you to find on in San Francisco] loaded with amenities such as high-speed Internet [that's doable], larger medicine cabinets [start buying pharm stocks], non-slip floors [okay], lower kitchen cabinets [gonna have to ask the building inspector if that's okay in SF], and emergency call buttons [24 hour concierge now available at many SOMA condo towers!], according to “55+ Housing: Builders, Buyers, and Beyond“.

Boomers also rank the following five features as the most important: in-home washers and dryers [easy]; master bedrooms on the main level [hmmm...a bit tricky]; easy-to-use climate controls [kind of hard to turn the fog on and off]; storage space [ain't gonna happen]; and easy-to-open windows [original double-hung windows are SO easy to open...come on!]. A whopping 83 percent of respondents want high-speed Internet; 94 percent want energy-efficient homes [leaky Victorians ARE efficient! What are you talking about!?]; and 55 percent want ENERGY STAR-rated homes. However, few respondents said they would be willing to pay more for these energy-efficient enhancements. [No kidding...they want it all, but when it comes time to get out the checkbook, old T-Rex is in the house.]

Looks like San Francisco can pretty much rule out the baby boomers as a target market. Damn…

Chief Economist And Forecasters For C.A.R. Say Market Rising…And [Likely] Falling

Herein lies the problem with reporting on real estate: Everybody has their opinion on what the market is doing, but nobody knows for sure. Case in point, just yesterday we posted “San Francisco housing market continues to show promising signs of recovery”. We posted that from information obtained from the San Francisco Association of Realtors, and if you read the whole thing, they basically say all is good, the market is rising, but watch out because there is potential doom on the horizon that could sour the sauce.

It’s no mystery San Francisco’s market performs differently than most markets in California, but check this out:

[For California] distressed sales will account for nearly one-third of sales, inventory will be relatively lean, and the state’s median home prices are forecasted to reach $280,000 in 2010 [that's up from $271,000], according to C.A.R and Vice President and Chief Economist Leslie Appleton-Young.

In addition, she noted, ‘Sales for 2010 are projected to decrease 2.3 percent to 527,500 units, compared with 540,000 units (projected) in 2009.’

In 2010, agents should see the low-end market attract first-time buyers and investors, with a resulting shortage in the number of homes for sale. Sellers at the high end [that'd be almost ALL of San Francisco], however, will continue to be challenged by the ability of home buyers to secure financing as well as their concerns about where prices are headed [So you see, they don't know where prices are headed...nobody does].

‘Although it appears at this time that lenders are closely monitoring the flow of distressed properties onto the market, there could be an exertion of downward pressure on home prices should a heavier than expected wave of foreclosures come to market next year,’ she said.

They should all be politicians! The market is going up…but wait, if that laundry list of likely scenarios comes to fruition, it could also go down. No sh*t! Thanks for pointing that out.

-C.A.R Forecast 2010

Pocket Listings And “Off Market” Real Estate

If you follow us on Twitter, you’ve already heard. There will soon be a network to post, search, and sell pocket listings (PocketListings.NET). Off-market, pocket listings, whatever…they’re out there, they’re bought and sold, and real estate agents will soon be able to share information amongst themselves on a much larger scale, which we hope will increase an agent’s opportunity to sell their pocket listings, and ultimately open up some doors for buyers and sellers beyond what is listed on the MLS.

The market has changed, the internet is here and not going anywhere, agents have valuable information about off-market properties that until now (when we launch) has been difficult to communicate to a large audience, and it’s time for something new. We can’t tell you everything, but we can tell you it will be cool. So get yourself a Twitter account and follow @pocketlistings for updates.

-PocketListings.NET [coming soon!]