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Top 10 Reasons to Buy a Home in Big Bear Lake

If you have considered a mountain property, here are 10 great reasons to purchase a home now in Big Bear Lake. 1.  Interest Rates are at an all time low! Today's rates are near 4.30%, which is free money to anyone who remembers the rates 20-30 years ago.  The lower the rate, the lower your monthly mortgage payment. 2.  Prices are the lowest they have been since 2003 - while they still may go down a little more, any hike up in the interest rate is bound to negate any savings by waiting. 3. Big Bear Lake has a … [Read more...]

The Market Doesn’t Lie.

"I want to buy something in Big Bear at 50% of the market value." Yeah, you and everyone else.  There are plenty of buyers out there, even in today's market, that would love to do that. I hear this a lot from buyers but it is an unrealistic expectation in today's information age.  The only way you are going to "steal" a property in this market is if few agents or buyers actually know about it.  Most properties that are sold today are through real estate agents and the MLS.   And the one thing you can expect is … [Read more...]

How to Be a Fantastic Buyer’s Agent

Early this week I had the pleasure of meeting a great couple who were looking for a new buyer’s agent in my area. They had been working with a different Realtor for almost a year and had not had any success in purchasing a vacation home in Big Bear. As I listened to their story, it became more and more evident that they had been using somebody who was not versed in the art of being a superior agent for their client’s. Many Realtors seem to think that all there is to representing a buyer is getting them in the car … [Read more...]

Sure Fire Way To Increase Sales

Direct link to YouTube video Take care of your customers and your sales will do better.  Seems easy enough, yet many companies fail miserably in the customer service area.  And many don't even think about it when looking to improve sales.  Rather, they think in order to improve sales they have to spend more money advertising, cut costs, spend more time on the Internet or social media. There are plenty of companies out there proving that customer service drives sales - Zappos, Redfin, Starbucks, Apple are a … [Read more...]

Big Bear Home Buyers – Get Educated!

Many people assume real estate agents are always looking for the quick sale, especially when it comes to buyers. To somehow trick the buyers into buying something they don't really want to buy in the quickest amount of time is the standard real estate stereotype I hear all the time. It may be the case in some instances, but to me an informed and educated buyer is the best kind of buyer I can work with. Those who take their time and do their due diligence prior to looking and buying . The times I see problems … [Read more...]

Patience Is the Key to Home Buying Success

photo credit: insidious_plots For many people, buying a house is going to be one of the most exciting things they will do in their lives. Even old hats still get a thrill out of purchasing a new property. The whole journey of finding, negotiating, and closing an escrow on a new place is an experience that is full of emotion. I am sure many folks don’t get much sleep the night before they are going home shopping. Like a kid getting a new bike for Christmas, some people can’t wait to get started. Sometimes, they … [Read more...]

Buying a Fannie Mae Property – First Look Policy

Fannie Mae properties are a lot different than other REO or bank foreclosures. Just one of the differences is the First Look program - the first 15 days a property is listed for sale (or listed on HomePath.com), they will only respond to offers from "owner occupants and those using public funds." This affects Big Bear home buyers as nearly 80% of them are second home buyers. While they can still submit their offers at anytime, they will have to wait until the 15 days expires in order to get a response from … [Read more...]

What are you looking for in a Big Bear Cabin?

I see more and more clients that are hoping to find the best deal, the one they think will be just sitting out their waiting for them to come along. Some buyers actually are looking for a cabin without the help of a local agent.  This must be very frustrating. It reminds me of shopping at a big box retailer. I just wander around until I find what I am looking for. It takes me twice as long, but I know it is a waste of time to ask one of the clerks for help, since they have little knowledge of any of the products … [Read more...]

Who Knows What To Believe Anymore?

Ever wonder why consumers lack trust in anything they read anymore? Check out these real estate market headlines I received in are recent update from C.A.R. California’s median home price up 21 percent in April from a year ago Nearly 75 percent of homes are affordable Foreclosures plateau—finally.  Repossessions soar. Real estate's new problem: not enough homes What kind of homeowners choose to default? Consumer confidence on the rise Maybe it is just me, but does anyone else see the conflict in … [Read more...]

Five Questions First Time Buyers Ask

Big Bear is mainly a second home market, so I don’t often get the opportunity to work with first time buyers. This makes my job easier in many ways as I usually don’t have to explain every step of the process and what it entails. Lately, however, I have found myself working with some clients who are first time buyers and I have been answering many questions I take for granted folks already know. For a first time buyer the process can be intimidating and a little overwhelming. I thought I would take this … [Read more...]