Comment from listing agent of 28 Desert Willow

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<cite>Comment by <a rel="external nofollow" href="http://www.massivediscounthomes.com/" linkindex="124">tony</a></cite>



2007-07-27 14:36:00



<p>It is amazing how everything gets twisted and facts gets mixed up. I am the listing agent for this property in Irvine. Irvine is one of the most desireable locations to live in Orange County. Homes in the area sell in the ranges of Mid 700K to 3.5 million. The truth is a little more than your hopeless article.


My strategy has never been to sell this property in Irvine at 850K.. Of course if I thought 850 was possible I would buy it myself. In MLS Multiple Listing one has the option to set ranges in setting pricing. The idea of Range in pricing is to give more exposure to a listing.


The owner of this property was victim of a vicious real estate scam. Unforutnately this is not the only property in trouble. Our goal is help me settle with as many banks as possible. The idea of mulitple offer allows this house to sell faster and more qualified buyers compete for this purchase. In a normal slow market, a seller is lucky to get 1 or 2 offer in a 30-90 days time. Some homes have been sitting more than 6 months and still no offer. Here we are able to allow qualified buyers compete for this home at a range of prices. Serious buyers know value and definitely they will pay more to stay in the game. I already have multiple offers for this property and I anticipate it will sell well over 850,000.00-1,100.000.00 asking price.


It seems everyone in the news group love negative information about real estate but they fail to get the facts before printing and writing garbage and “NOT CONFIRMED” data. I hope you find this email and publish it and give the REALTOR’s side of the news. (listing agent for 28 Desert willow)</p>

<p>This market is tough, we don’t need help from you (News and media folks) to make it harder on us. I am not trying to create negative publicity. I am just trying to do my best for my clients. We have limited time and I am not in the luxury of months and months of wait-time between offers. To get the highest price for my client’s home and to allow them to get out of this mess with the least amount of damage I have to be very aggressive. My methods definitely generate leads and offers for my clients. We start at a low price and we quickly climb above expectations. Sometimes I get offers more than what the bank is asking or looking for. Sometimes my listing becomes an REO. Sometimes the higherst offer wins and a small percentage of the time, the owner comes up with the cash and is able to keep their home.</p>

<p>I like the last option. The HOPE side of life. It is rare these days. However in Orange County and especially in Irvine the REAL ESTATE is strong and doing well. I don’t see many discounts and definitely not too many foreclosures. I have been getting 20 calls an hour on this listing. I don’t anticipate I will have to wait too much longer before I have the right offer for my listing. It has been crazy and your publicity is helping in a very crazy way.</p>

<p>Stay true and honest to the facts. That is all I ask</p>

<p><a href="mailto:tony@jcbeachproperties.com">tony@jcbeachproperties.com</a> and web <a rel="nofollow" href="http://www.massivediscounthomes.com/" linkindex="127" set="yes">www.massivediscounthomes.com</a></p>



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<img onclick="collapseThread("div-comment-10522")" src="http://www.irvinehousingblog.com/wp-content/plugins/briansthreadedcomments.php?image=spacer.png" class="collapseicon" alt="" /> <cite>Comment by <a rel="external nofollow" href="http://www.irvinehousingblog.com/" linkindex="128">IrvineRenter</a></cite>



2007-07-27 17:06:37



<p>Thank you for posting to our blog. I can appreciate what you are trying to do. In fact, I applaud your aggressive pricing as it helps discover where the market is really at. I hope you continue to do so because I will discover those listings and feature them here on the blog. You might find it is a strange symbiosis, or we might just annoy you. Either way, it is not my problem.</p>

<p>As far as I know, the blog entry is true and honest to the facts. If there are facts in dispute with the blog entry you would like corrected for the record, please let me know. I read some bluster about twisted facts, but I didn’t see any specific corrections you would like made.</p>

<p>If you would like to email me when you sell a property, I would be delighted to post the sales price as an update. If the market is strong, the sales price will show it. If the market is weak, the sales price will show that too. I am interested in facts as are the readers of this blog. </p>

<p>As for our interpretation of the facts and events in the housing market, we will just have to agree to disagree. If you think I am going to candy coat the turd, that is not going to happen. I will leave that to you.</p>



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EvaLSeraphim,





Don't go out of your way. He is just frustrated and looking for someone to blame for the weak market. The burden of proof is on him to provide conflicting data. He won't have any.





He even admits in his post that all the publicity is good for this listing. He should continue to put properties on the market with very low listing prices and get our attention. If the market is as strong as he believes it to me, we will generate one bidding war after another to obtain his properties. I would think he would like that.
 
<p>"OC and especially in Irvine, the RE market is strong and doing well. I don't see many discounts and definitely not too many foreclosures."..</p>

<p>Did I read that correctly?</p>

<p>What the heck is he talking about?!?! Prices are dropping every where. What does he mean by going strong and doing well. Oh yeah, it's going strong and doing well for him as a real estate agent. Why? Because all these flippers had gotten over their heads with loose financing like neg. am. and now the market is upside down. Hence, they're dumping multiple properties. </p>

<p>Not many discounts??? The market has gotten so desperate that a builder is offering: 3 yrs free HOA; no closing cost or buy down cost; $10,000 worth of upgrades. </p>

<p>And he's getting 20 calls per hour? And still have time to read this blog and post....okkkkkk.</p>
 
<p>I was nice in my comment, because in my mind I was thinking the only RE scam the buyers were involved in was overextending himself with loans he couldn't afford and 2 lenders that were all to eager to lend to him ...</p>

<p>also the website is so riddled with typos one would think it were a phishing scam ...not inspiring my confidence, that's for sure.</p>
 
<p><em>"the owner of this property was the victim of a viscious real estate scam</em>"</p>

<p>Detail please. Sorry If I am skeptical. </p>

<p> </p>
 
I love how this agent posts this crap, then bails. C'mon tough guy ! This scam you speak of just sound like an "investment" gone sour.
 
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