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Slater Thomson – Los Gatos Real Estate Author -

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Gail Thomson

25 Valleyhaven Pre-Market Updates

by Gail Thomson on September 17, 2018

in Blog

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Own your own Vineyard

by Gail Thomson on July 23, 2018

in Featured Listings

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Large Hensley Victorian

by Gail Thomson on May 14, 2018

in Featured Listings

SOLD for $1,100,000

 

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Starter Home Opportunity

by Gail Thomson on May 14, 2018

in Featured Listings

Sold for $845,000

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Spring has Sprung – Are you ready?

by Gail Thomson on April 5, 2018

in Blog

Spring has sprung on the best real estate market for home sellers in the history of real estate in Santa Clara County! Does this robust seller’s market guarantee great results for every home seller? The answer is “NO” – success is not guaranteed. If you or someone you know is thinking of making a move this spring or summer………

There are 6 critical things every seller should know:

 

1. No two real estate transactions are alike: There are many moving parts: buyers, sellers, agents, property condition, lender, escrow, title, inspectors etc. Make sure you engage a Realtor who is fully committed to your success.

2. Real estate agents are not created equal: Take time to understand your agent’s plan on the following: listing preparation, up-front home inspections, thorough seller disclosure, staging for maximum impact, professional digital photography and videography, and a multi-media marketing campaign to expose the property to the most qualified buyers.

3. Pricing strategy matters: Even though homes typically sell quickly in today’s market, pricing strategically to generate “multiple interested buyers” is key to ensuring that the seller obtains the best price in today’s market.

4. Showing strategy is key: Full exposure will ensure that every qualified buyer has a chance to buy your home. Limiting the number of people that see your home by selling “off market” or “off MLS” is generally not a strategy that will yield the highest and best price.

5. Negotiation is a strategy first and foremost: When originally priced right, along with a successful marketing plan (see steps 1-4 above) today’s home seller should enjoy the benefits of the low supply/high demand housing market that exists today. When there is more than one buyer interested in the same home, the seller is in control of the negotiation.

6. Brokerage reputation: There are currently over 20 large “start-up” companies operating real estate business models that are unprofitable. At Intero we are backed by Berkshire Hathaway, one of the strongest companies in the world………our model is market tested and we’ll be around for years to come to stand behind every transaction.  I’m proud to say, our focus is on the best results possible for you!

The time is NOW………… if you’re ready, we’re ready. Call us today to get moving!

 

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Where are Americans Moving?

by Gail Thomson on April 5, 2018

in Blog

There’s been lots of talk, especially in Silicon Valley, about the high cost of living driving people out of the area. Though housing inventory is staying at record low levels major companies are continuing to plan and build additional campuses generating tens of thousands of additional jobs. So while there may be some people leaving, especially for other tech hubs likes Seattle, Austin and Silicon Beach in LA, we still see a substantial number of people moving here and consequently continuing pressure on housing inventory and a resulting increase in home values.

We think the attached picture showing where people are moving from and to across the country is pretty interesting.

If you’re thinking of cashing in and moving out let us know. We have a large network of some of the best agents in the business across the US and Canada, and a few other countries too. Or if you know someone moving here we’d love to help them navigate this crazy market and make their transition as smooth as possible.

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Interest Rates In Perspective

by Gail Thomson on April 4, 2018

in Blog,Economy & Finance

Interest rates, and in turn mortgage rates, have crept up over the past year as the Federal Reserve has made four modest increases to their funds rate. The latest, on March 21st, is anticipated to be the first of three this year with the expectation the rate will have risen by more than 1% by the end of 2019.

This may seem like a dramatic shift but, in the context of interest rate history, rates are still very low and it looks like that will continue for some time yet.

The bottom line? Be aware rates are going to keep rising and your buying power will continue to go down. Be grateful it’s not the early 1980s!

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Stunning Cambrian 4 bed

by Gail Thomson on April 3, 2018

in Featured Listings

SOLD FOR $1,475,000

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4 Bed, Large Lot, Los Gatos

by Gail Thomson on April 3, 2018

in Featured Listings

SOLD for $2,160,000

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Fabulous Central Location

by Gail Thomson on April 3, 2018

in Featured Listings

SOLD FOR $1,427,000

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