Click Here to See Why Sybarite is the Right Choice to Sell your Hillsborough Home

www.HILLSBOROUGHREALTOR.net

In the last few weeks I've written over 5 offers that were NOT accepted and lost a few others that were Sold before they hit the market.

That plus the shear number of people out looking and Realtors out scrounging for homes tells me we are in a market shift.

With the Facebook "halo" and eventual effect on its lucky employees/investors probably lifting up the market the next 18-24 months, PLUS the Chinese Dragon year being a lucky year to buy, I think if you were thinking of selling do it NOW!

Contact me for qualified Buyers in the wings in all price ranges.

650-204-1920

This 4br 3ba 3470sf ranch is situated on a large flat 29,450sf lot in a prime sought after Lower South Hillsborough location.

It is seemingly well maintained with a great layout, high ceilings, large formal rooms, walls of glass looking out toward a sprawling lawn and pool.

This would be perfect for an end user or developer looking to expand upon maximize its full potential.

Listed at $2,990,000 contact me for more info.

Phil Chen

Sybarite Investments

650-204-1920

Phil@Sybariteinv.com

This was a great Blog I read on Active Rain this morning, that summarized how I feel and felt about working for myself and a small boutique brokerage, rather than join a large corporate one!

I struggled with this and consulted with my peers, plus have been told by clients that was the reason they went with someone else (for the sign), so EVERYONE please read the comments from the article below.

I couldn't have explained why Sybarite Investments could serve you any better than this article does.

Cheers!

http://activerain.com/blogsview/1705639/should-i-list-my-home-with-a-large-brokerage-firm-

Should I List my home With a Large Brokerage Firm?

Should I list my home with a large brokerage firm?

That's a question that comes across the minds of many home sellers. This post is to answer that. Read the comments as the real estate professionals generate them. I will provide my answer in my blog.

As smaller and locally owned brokerage firms are coming into the marketplace to provide consumers more choices, this is a burning question a home seller may ask. Some do, and some just wonder. Today, we'll take this question head on.

Should I list my home with a large brokerage firm?

What does a Large Brokerage Firm do, that a small (locally owned) does not?

Will my buyer come through that large brokerage firm I list with?

Will my home be shown more if I list with a large brokerage firm?

Let me first disclose, this is not a post to dismiss a larger or smaller brokerage firm. Known or not known. Recognizable or not. Every size business and name has its own position and influence in the marketplace. I've never been sponsored by a large brokerage firm in part of my personal experiences. I've always been with smaller, locally owned, independent brokerage firm. By the time it was time for me to open shop, that was the natural position I gravitated to.

A listing agent is only as good as the agent's knowledge and skills. The logo on the sign or business card does not necessarily mean a home will sell or not. The event lies within employing the best agent for the job - be it a large or small firm.

A listing agent - at a large or small brokerage firm operates as small business owners. Each of them put in their own effort in driving their self-employment. Again, it lies in the work ethics of the agent, not necessarily the sign or logo it carries.

In any size firm (large or small), the 80/20 rule typically applies. 20% of the agents generate 80% of the business for the company.

As long as the property shows up on MLS, it's free for all. The listing brokerage agrees to co-broke (ie. to share the listing and commission fees). Any buyer's agent who has a buyer that meets your property profile will most like show the house. After all, the buyer's agent is also to make the sale. S/He will not not show your home because it was NOT listed by his/her brokerage firm. As Realtors(R), we cannot do that anyways.

A single listing agent can be just as powerful in networking as one in a bigger firm. Again, the power depends on the individual him/herself. Since all real estate agents are self-employed professional anyways, they may not necessarily choose to come to the office. At least, not all 300 who are associated with the agency come into the office everyday. Some choose to office out of their home. Some want the synergy while others are much more productive at the office.

Coming from a small agency buyer's agent standpoint, my buyers that I work with do not care the business name I'm associated with, just as long as they feel they have been treated fairly and their interests were taken into consideration. They care about how I can bring value to the transaction.

The way buyers operate have changed since the Internet became a dominant home search tool. In the past, the buyers show up at the agent's office and the agent display a list of 10 homes they will see that day. Today, the buyers show up telling the agent the list of homes they want to see that day.

The home buying process has changed and so is the home selling process. It has always been an individual sport but with the Internet, it has become even more dominant.

I hope this post can help answer some of your doubts about listing a home with a large or small brokerage firm. It's not the company but the individual.

The comments and feedback from this post will be just as interesting. I hope you will read it.

Loreena Yeo
Frisco TX Realtor(R)

I currently also have clients looking for:

-Anything under $3m in Hillsborough

-Hillsborough w/views up to $4.4m

-Hillsborough with tennis court up to $3.5m

-Hillsborough starter ($2m or less) with expansion potential

-Anything in Hillsborough, Burlingame or Millbrae that would Lease or Seller Carry

-Millbrae Highlands under $1.3m


Here's a list of current properties for lease and/or sale with MOST not on the MLS or known by the general public (if you don't see what you want, let me know and I'll find it for you!):


-Oakland corner Mixed Use Retail/Residential on Telegraph and 24th St. Gross Income $135,000 with low vacancy and long term retail lease at market rents. Retail Adult Store Business could also be for sale separately $1,499,000




-San Mateo mixed use two retail tenants plus office and a 2br residential in back on S. El Camino Real $3,500,000




-San Jose W San Carlos St mixed use 4 retail and 4 residential units $1,800,000




-San Francisco Pacific Heights large remodeled 5br with two 1br income units approx 6000sf $4.5m and Castro Triplex on Sanchez 4500sf $1.2m




-Millbrae Highlands on prime Taylor Blvd 4br 3ba 2700sf corner $1.3m and 3br 2ba 2300sf off Taylor $1.25m Not on MLS




-Millbrae 3br 2ba updated baths, corner Meadows location $1.025m




-Millbrae Highlands New Construction (finished in Summer) 4br main house approx 3050sf plus legal 2br guest house of 800sf, 4 car garage $1.698m




-Millbrae Meadows 3br 2ba with awesome Bay/Airport views $850,000 Great Potential




-Burlingame Hills 3br 2ba home with large lot for expansion $950,000




-Hillsborough Lower South 4br 2.5ba 2700sf partially remodeled and plenty of room to expand onto huge expansive flat yard $2.388m "principles only"




-Hillsborough Hills remodeled "Modern" ranch 4br 2ba 2900sf on a 21,600sf lot $1.875m New Landscaping .




-Hillsborough Hills 4br 3ba plus two offices architecturally remodeled from foundation up, a half acre, cul-de-sac with KILLER City views! $2.6m




-Hillsborough Park 4br 3.5bths 3400sf on .7 acre lot walls of glass and open living spaces, prestigious Lower South Hillsborough Suggested price $2.198m




-Hillsborough West School District 4br 2.5ba Executive Rental $7500/month




-Hillsborough Stonebridge new Tudor Style 5br 7200sf living with Panoramic Views $5.9m "Principles Only" Completed in 3 months




-Hillsborough Lakeview area cul-de-sac 7000sf 6br awesome Bay/canyon views, new pool, spa, outdoor BBQ area $4.6m "as is"




-Hillsborough Lakeview area New Construction Coming Soon 4br 4200sf corner craftsman appraised at $3.9m




-Hillsborough Skyfarm 7br with pool/tennis court in cul-de-sac. Principals Only

San Mateo County, California, houses some of the best places to live in the United States. Possibly the most exclusive of these is Hillsborough. Situated about 27 kilometers away from the city of San Francisco, Hillsborough Real estate is not for the budget conscious. Many a famous name adorns the nameplates of the various residential properties of this area, an area with the highest median income in the United States! In fact, houses for sale in Hillsborough are so high end and exclusive that it has hardly suffered due to the economic downturn in the United States. The clientele interested in this area is such that they are able to afford such homes irrespective of the state of the economy.

Listing prices in the Hillsborough area almost always start above the magic mark of $1 million. Listing prices can skyrocket far higher depending on the nature of the property. A house with four bedrooms and four bathrooms can be listed for as much as $15 million or more! However, most homes for sale Hillsborough are within the $1million to $5 million mark. This is actually affordable real estate for the high end!

Hillsborough is not alone in the region when it comes to super high end real estate. In fact, a check of the local MLS listings will reveal properties all the way up to $ 23,000,000 in the city of San Francisco itself. Hence, the message is amply clear. If you have the means to live like a king, head to Hillsborough and San Francisco.

Hillsborough is one of the wealthiest regions of United States. The sparse population and highest income and above all its proximity with San Francisco together have resulted in its great relevance as real estate market. Hillsborough real estate constitutes large homes and commercial properties only. As a result you would not find any apartment, townhomes and even condominiums in this place.

Hillsborough is a home to the wealthiest Americans. Quite evidently, the minimum size of these luxury homes has to be 2,500 sq ft with at least half an acre of lot to maintain the exclusivity of the property. As of 2007, Hillsborough real estate market had been the costliest one with median price of the houses being more than 3.8 billion.

If you want to own a property in Hillsborough, you need a good realtor who can give you better choices to select from. You can get a huge house of 3400 sq ft with four bedrooms and three bathrooms for $2,275,000. This is the present market trend of Hillsborough real estate. Most of these houses come with salt-water pools, fireplace made of limestone and even an outdoor kitchen- in short, just out of your story books.

Hillsborough real estate can be said to have set amidst the Californian oaks. Thus, with these houses, spectacular view comes as complementary feature. Since scarcely populated and the city has a norm to keep every premise an exclusive one, your abode will overlook a picturesque view. Buying a house in Hillsborough is definitely matter of prestige. Each house is an estate designed professionally to cater the cream of the society.

The global recession has had an adverse effect on real estate all over the world. Its impact has been more severe in the United States which witnessed an alarmingly high rate of foreclosures and a drastic price reductions all over the country. Recently, the market has recovered from the lows and is showing improvement.

A look at the statistics of the Homes for sale in Burlingame reveals that Burlingame real estate is priced at a premium to many parts of the Bay Area.  The median price for homes for sale in Burlingame, CA between September 2009 and October 2009 was $ 1,349,000.  This figure shows an increase of 2.6 percent in similar home values in October from September 2009. This was based on the sale of 153 homes. However, the statistics also point out that there were 54 foreclosures, in the months of September 2009 and October, 2009 with a median price of $753,192 with a price change of  -1.5%.

The price of real estate in Burlingame CA differs from one area or street to the other.  For instance, a cost of a two bedroom home on 1515 Carol Avenue is $949,000 and the cost of a similar home on Bernal Avenue is $2,325,000 for the week of October 5, 2009.

The price indexes show an improvement in the real estate market in Burlingame, CA.

The latest estimates show average property listings in Burlingame around $1.5 million. While this is in-line with the regions higher price points, a rise of about 5% in the average listing price (over the previous month) points to a positive sing towards recovery in the area. However, the median sales price of closed deals show a decline of about 4.5% down from the previous quarter, meaning that customers are very insistent about paying what they feel is a fair price and not a penny more. The number of Burlingame homes for sale listed in the area is 149, which is fairly abundant, meaning there is a supply of home for sale.  While this points at increasing customer awareness, it also shows that the post recession recovery, though in progress, still has a way to go.

Hillsborough is the home of high-flyers and thus, Hillsborough homes for sale show fairly higher listing prices. Prices generally start around $1.5 million but can go up to $3 million or even more. Presently, single family homes are most prevalent in the market. There are, however, a few listings of larger villa style homes with 4 or more bedrooms and bathrooms, notably in the golf course area. Prices for these are close to the upper echelon of $3 million. Presently, about 74 homes are listed in the area for sale. Again, the number shows that sales have been steady but slow.

The price of an average real estate property in Burlingame ranges from nearly US$ 1.2 to US$ 1.5 million according to the latest review of the realty sector in Burlingame. The price is very much in tune with the standard of living of this place and a rise in the average listing price by 5% in comparison with the last month indicates a distinct scope for market recovery in the present times. Though, the average sales price of settled deals exhibit a progressive decline by as much as 4.5% in the previous 3 months, which means that the customers have become more adamant about not paying anything more than the right price.

The Burlingame homes for sale that is listed in the local area, numbers to a staggering 149, which means that if someone is looking for a property in here he has got a lot of options in the real estate market to choose from. This indicates that the awareness of the customers is growing steadily. It also points out that the recovery from the present recession is in progress but it would require some more time to recover fully.

Hillsborough is one of the most posh areas in the whole of United States. This area is the home for many of the big shots so the Hillsborough homes for sale exhibit a high listing price in comparison many other places.

At present the family homes are the most abundant in the realty market. Few listings pertaining to large villas with 4 bedrooms are also available. The price of such home can reach up to US$ 3 million.

Burlingame real estate market was always exclusive in its own category. In nineties, affluent members of San Francisco used to purchase homes in this area for vacation purpose. However, the real estate market of Burlingame was full of options and was suitable for wide range of budgets.

Starting from apartments to bungalows, to luxury condos are all available in Burlingame Real Estate market. Price ranges vary from one neighborhood to another depending on the location and types of accommodation.

Resale properties are also available here. Those who want to take a bigger house generally want to sell off the existing one and then select the bigger one. In these cases the realtors have the information and relevant background about the houses to be sold. So resale property information is best available from enlisted realtors of Burlingame Real Estate market.

Burlingame Real Estate market has witnessed a boom for another reason. It is now a growing industrial area so people associated with this growing place owing to their professions are in search for their accommodations. Home loan rules are easy and rates are also attractive so people prefer to purchase their own home instead of taking rented apartments.

Burlingame attracts considerable amount of tourist for its comfortable weather; naturally, there is a good demand for vacation houses. Foreign real estate investors also find this place good for investment because of peaceful environment and good legal protection.

It is always wise to contact a reputed Burlingame realtor before purchase, sale, or renting any property for real estate investment.

San Mateo, California, has always been in the books of realtors for its high standard of living and beautiful Victorian buildings that line the San Francisco bay. As a result, the real estate market in the area has always been quite active. Upscale housing is generally available on the market with everything ranging for Victorian houses, single family homes to plush downtown condos.

With Burlingame homes for sale ranging anywhere up to almost $ 2.5 million, it is a major investment when you try and buy a home in the Burlingame area of San Mateo. Likewise, when you want to sell your home in Burlingame, it is a big financial decision as well. Hence, you need a top quality Burlingame realtor who knows the region well enough. As an upscale housing customer, people will always be picky and only choose after a long and deliberate process. A good realtor allows that to happen by showing the customers what they want and fixing the proper price for the sellers in the area.

Just like Burlingame, the neighboring area of Hillsborough also epitomizes an upper class locality, being one of the wealthiest residential localities in America. Again, Hillsborough Homes for sale can fetch anything up to $3 million or more. Hence, whether you buy or sell property in Burlingame and Hillsborough, depend on a good realtor to help you through the process.

Right now the Hillsborough luxury home market is a buyer's market with lots of inventory to choose from. Hillsborough prices still remain high though and the reason why? Hillsborough is ranked in the top 10 most expensive towns in the U.S. to reside in.
Here is some data for real estate Hillsborough homes for sale the week of July 15, 2009:
[Source: Trulia.com]

Average List Price- $4,044,528, decrease of 0.6% or $23,500 compared to the prior week.
Median Sales Price- $2,597,500 up 3.8% y-o-y
Average price per sq. ft. - $854.00 up 3.9% y-o-y.

The median sales price for Hillsborough homes for sale for the period April 2009 to June 2009 was $2,597,500 based upon 22 homes that sold. This was an increase of 3.8%, or $95,000 from the same time last year, while the total number of home sales decreased 31.2%.

There are currently approximately 84 homes in Hillsborough, 24 homes in either pre-foreclosure, foreclosure auction or REO's. The most popular neighborhoods in Hillsborough are Hillsborough Park and Lakeview, with average list prices of $3,391,934 and $3,417,743, respectively.

It is still a buyer's market, but prices appear to be holding at the moment. Hillsborough Realtor and MLS data reflect only 30% of the properties decreasing their lists prices. Either the sellers are holding out for their price or the buyers are waiting for prices to drop, but it is clear that 1/3 of the Hillsborough homes for sale are overpriced. Serious Hillsborough sellers have priced their homes to sell. Jumbo loans are available with 30% down. As a Hillsborough Realtor, it is my job to keep clients informed on the Hillsborough and surrounding area market trends so that clients can adjust their prices according to market conditions.

Why Choose Hillsborough? Ask any Hillsborough Realtor and they will tell you Hillsborough has it all. Some of the most prime real estate in the country with unsurpassed beauty and charm, a superb location with close proximity to SFO, the City, the Valley and the Coast. Also, Hillsborough schools are ranked top for San Mateo County.

The word Sybarite, or a person devoted to pleasures and luxuries, was chosen as our company name because 46% of millionaire households own investment real estate and we want to help you realize those dreams. Phil Chen and the Sybarite Investments team practice what we preach and understand all aspects of real estate from all angles to be able to negotiate analyze and execute to your advantage. Please contact us today at Phil@Sybariteinv.com or give us a call at (415)-271-1920.