Tag Archives: home search

Buying A Home In San Francisco – Step 5 And Beyond: Depends On How Step 4 Goes

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There is one guarantee after writing an offer on a property in San Francisco, and that is there is no guarantee you’ll get the property. With multiple offers all too common, sellers holding the upper hand, extremely low inventory, and thousands of buyers in the market, writing an offer is only part of the property winning (yes, we use the term winning) equation.

So what is the next step, then? The only certainty is if your offer was rejected, you can shuffle back up to Step 3 and start the touring again. There is a learning curve in San Francisco real estate, and you likely won’t get the first place you go for. Patience is paramount, and communication is key. Stay in touch with your Realtor (because now you have one), and keep hope alive. You will get there in the end. It may just take more time than you had expected.

If your offer was not rejected, and you’re the lucky winner, there are so many different steps that could happen next, we need not mention them in detail here. Things like: did you receive a counter offer; was the counter offer a multiple counter offer; have you been offered what is called “backup”; did your offer include inspections; how much time do you have to remove contingencies; do you need to sell your own home; is the seller asking for a “rent back”; so on and so forth. It is here that you will see value in a Realtor, and why we are so very comfortable giving you all of the tools you need to find your property on your own, online.

In the end, there will be about 10-20 more steps (at least) before getting keys to your home, and you’re going to need someone to guide you, because the process is so very not cut and dry, and we hope to earn your business. Feel free to learn more about us here, and read some testimonials here. Or better yet, drop us a line so we can chat about what you need.

If all you do is read these steps, set out on your own, find your own Realtor, and never contact us…we truly wish you the best of luck!

-Buying a Home In San Francisco – Step 1: Get Pre-Approved / Provide Proof Of Funds [theFrontSteps]
-Buying a Home In San Francisco – Step 2: Get New Listings Fed To You Automatically [theFrontSteps]
-Buying A Home In San Francisco – Step 3: Go See Some Property [theFrontSteps]
-Buying A Home In San Francisco – Step 4: Make An Offer (Choose A Realtor) [theFrontSteps]

Buying A Home In San Francisco – Step 2: Get New Listings Fed To You Automatically

Yesterday, we educated you on the first and most important step in the San Francisco home buying process, so today we’re moving on…

Step 2 – Get New Listings Fed To You Automatically (via Email or Text)

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Our market moves fast, and so must you. You might have thought the next step would be to contact a Realtor. You can certainly do this now, but it’s not necessary. You can preview all the property you want yourself, right here online, and very soon we’ll show you just how easy it is to get dialed in to seeing these homes on your own.

So how do you get these new listings “fed” to you?
a. Get dialed into MLS. Contact us with your criteria (desired # of beds, baths, parking spaces, size, price, location, and your email) and we can set you up with behind the scenes access to what we call our “Client Portal”. You’ll receive new listings to your inbox the second they hit MLS, you can save, reject, and track what properties are selling for (very important), and you can request showings from within the application. This way, you’ll also be on our radar for potential off market matches should any pop up.
b. A different variation of the same theme, but without the need to contact anyone. It’s called MyZephyr, and you can get alerts, save, search, and track property from the comfort of your own home. The only downfall to this, is that we have so many people in this system using this tool, we simply do not have time to track your activity (some might consider this a plus), and therefore we probably won’t know who you are should something great pop up “not on MLS”.
c. Browse MLS: Even less intrusive, and way more stealth, MLS is actually there and available to you 24/7. No really…it is.
d. Redfin. Hands down the best way to search property if you’re not searching with one of the tools provided above. It’s a great site, with a ton of great info, and incredibly accurate data. If you don’t choose a. or b. above, use this over option c. It’s better.
e. Trulia, Zillow, or Realtor.com. These three are crap, inaccurate, and not worth your time. The only saving grace is Trulia’s community or “Voices” area. There is some good info to be found there. Zillow Zestimates are awful, and when we’re sipping a Cerveza after we hand you the keys to your house, we’ll make sure the beers are on you if you mention one word about “but the Zestimate said it’s worth this.”

What about all of the “off market” listings that are becoming so popular, and how do you get clued in to them?
a. PocketListings.net: It’s growing, more agents are using it, and you (the buyer) can certainly browse it for “off market” opportunities. You can follow PocketListings on Twitter for instant notification of new listings, and you can even have your “buyer need” added to it…but for that you’ll need a Realtor.
b. A Realtor: At this stage, there is no way around it, and it’s the very reason Pocket Listings are growing in popularity…Realtors are taking back the control of their listings, and they’re doing this to keep themselves relevant. Listing aggregators like Zillow, Trulia, Redfin, and Realtor.com don’t always portray the most accurate data, agent contact info, pictures, and local information. The system needs to change, and Realtors are taking it back. And guess what? A human is actually a really useful tool in the home searching process and if you find the right one, said human can provide a wealth of accurate and opinionated information. If you want off market opportunities, and want to truly feel like you’re getting in the loop of what most people aren’t, you need a Realtor. If you want to just browse MLS, PocketListings.net, and go at your own pace, you can still get by without contacting one.

So now you’ve proven to all involved you have the money, you’re getting listings fed to you from all angles, and you’re ready to take the next step…Check back tomorrow, and we’ll let you know what to do.

Google Goes Real Estate Search

To the untrained eye it might look as if our lovely city by the bay has the Chickenpox. Alas! ‘Tis not the case. It’s just Google getting into the game of real estate, and leave it up to them to do it right (maps.google.com/realestate).

[Note: These below maps are embedded on this site and you can play around all you want right here...how cool is that!?]

Not a fan of the Satellite image search, and need to know your streets? Go for the basic street map:

Wondering if your future home is on a hill and whether you can sell your Thigh Master? Zoom in and go Terrain:

[Note: You can even go Street View]

Wondering if you’re future home is close to public transportation and how the traffic in the area is? They have that too.

In fact, you can get photos, webcams, wikipedia and all sorts of information about the area you want to put down roots all by clicking around the maps.

Proximity to good coffee? It’s probably on there too.

It makes searching for a home by area so unbelievably simple (not as simple and effective as actually getting in the car or walking your future ‘hood…assuming you’re not relocating cross continent), but simple nonetheless. Contacting those with the listings and not getting shuffled to some third party site that is essentially rebroadcasting MLS data on their site (which Google is then able to “crawl” and display…we’re guessing) is a bit tricky. The information certainly has a time delay as to what is displayed, when you click on properties there is enough error that we’ve discovered to make us not entirely certain about the price or details of a property and whether it is, in fact, still available, and price reductions aren’t showing up all too real time either, but the data is there, and it’s cool. Really cool. It just needs to find its wings, and we have no doubt it will.

Check it out, if you haven’t done so already.

Neighborcity.com…Waste More Time

A reader kindly forwarded us to a “new” website called, Neighborcity and we gotta say, aren’t Trulia, and Zillow enough?

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We didn’t see anything on this site worth discussing that isn’t already found elsewhere. To us, this site is a complete waste of time. Focus your time on Trulia, Zillow (if you must to get a very, very, very rough estimate of your home’s value), and your local MLS. If you want community, go to Trulia, but beware the Realtor answers are usually loaded to bait you in.

Oh, one last thing, check the ranking of agents on Neighborcity. We’ve learned our lesson about calling out fellow agents, but that data is clearly flawed.

Thanks for the tip to the site, best of luck to them. We are fans of technology in real estate and applaud all efforts, but we weren’t impressed. We look forward to be proven wrong.

[Editor's Note: Okay, we took another look at the site from the perspective of someone shopping for a home somewhere in the country. We're used to dealing with internet savvy buyers and sellers, so we're a bit jaded. We can see value in the site for those that are just beginning their home search and land on this site a la Google.]