Orange County Real Estate - It Is Always Something!

I.I.A.S.

One of the great lessons that people learn while going through the process of a home search or selling a home, is that everything is broken. And because everything is broken, we can usually break things down into four simple words “It Is Always Something”. This is also a great lesson for our lives, our relationships and for business. Nothing in this world goes the way it is supposed to… Everything is messed up and people, machines, businesses and everything else you can think of are always making mistakes or breaking down. Let’s face it we are all a bunch of knuckleheads! Everything is broken!

If you think about it, there is a great deal of truth in this statement. Our economy is broken, our ecosystem is broken, the United Nations is broken, heck, my bathroom shower is broken. Nothing is perfect, and if we take this back to a real estate related article, when you in the process of buying or preparing to list your home, if you are presently speaking with an agent that you have even the slightest question in, integrity, character or capability this “It Is Always Something” reality might lightly be a big headache later on, even though they might make good promises and have great smiles.

If you have had your home listed for a while now and find yourself muttering “It Is Always Something” (or something similar to that) all too frequently, it might be time to part ways. It is never a fun experience, but most likely this is your largest asset, a bruised feeling is okay.  “It It Always Something” will never go away (sorry). However, the “It Is Always Something” in a real estate transaction should never be because of no, or lack of offers, or if buying, no acceptance of offers.

If you are looking for a home on your own, or if you have listed your home, for sale by owner, I highly suggest you contact a BanCorp Realtor® to list your property. In the grand scheme of things, there is too much at stake to save you a wimpy 3%. You see if you are searching on your own by bouncing around between open houses you are searching by ‘Trial and Error”. And when you search by ‘trial and error’ your “It Is Always Something” become much more frequent, as you simply aren’t seeing the whole market, and are missing out on other massive amounts of information. Your search will likely become extended and frustrating. This is quite the opposite of easier and faster.

So, how do you eliminate the “It Is Always Something” in a home search? I believe the first way is for the person to make the conscious decision to start with a plan with agent they decide to work with, and then ‘run the race’ under the rules that they determine together, not the rules and expectations set by someone else (the entire real estate market with all its personalities and moving parts). Just as a simple example:  You set your criteria at; maximum purchase price $800,000, detached, full or partial ocean view, minimum 12,000 sq. ft lot, deferred maintenance is okay-you are an excellent handyman).

You and your agent agree to stay to plan. You find the home that meets your criteria (it isn’t perfect, but it meets your requirements). It is a single family, detached, single-story home, with a pool on a quarter-acre lot with a decent view of the ocean - it needs some repairs. You set the offer at $750,000 and decided you will not budge. You will purchase the home ‘as is’ and will place $40,000 into escrow today. If the seller won’t accept you offer within 72 hours, you will pull your offer, and there will be no counter-offers (you make sure that your agent lets there agent aware of this). Now that is a specific goal – a person could be even more specific.

In this very generic example, the key is staying with your resolve, sticking to your guns, not flinching. Playing the games under your rules, not the rules and expectations set by someone else.

At BanCorp Real Estate Group our home buyer has clear goals because we work with them in setting them because our experience shows that when we do this goal setting (maybe 20-30 minutes) they will save time and they will save money because they are comparing ‘apples to apples’. Since they know the type of home they want along with other amenities, each home should resemble the other – as it relates to price and amenity. Goal setting by creating a set game plan, before we jump into the market, eliminates the ‘trial and error’ of buying or selling of a home.

By eliminating ‘trial and error’ real estate, we are also greatly reducing the “It Is Always Something” factor in real estate.  BanCorp offers an industry unique open-ended right to cancel to each of our clients. If at any time – any - a client feels that they are being, underserved, overlooked or simply change their minds about moving forward with the transaction – they can cancel their contract*. BanCorp REG takes a stand against agencies that will say anything or do anything to get or save a listing.

So, in life there will always be “It Is Always Something” because we don’t live in a perfect world. When you work BanCorp, we certainly won’t tell you whatever you want to hear so we can get the listing, if we believe you are buying more of a house than you can afford, we’ll say so.  What you will find is a company with a time-tested track record of consistency, perseverance and reliability, dating back to 1996, all here locally in South Orange County. The “It Is Always Something” will never disappear in real estate we just hope to bring down to a different, much more manageable level without surprises or disappointments.

we did. so you can. let’s.

Greg Steinaker is the C.E.O of BanCorp Real Estate Group

*prior to acceptance receipt or acceptance of offer.

BanCorp Real Estate Group is a division of The Irvine Holding Group 2009-2013. Copyright, all rights reserved.

The Irvine Holding Company
we did. so you can. let's.