Jennifer St.Clair- Wonder Women Team

4850 Avocado, La Mesa, CA | Powered by Postlets

Jennifer St. Clair — Tue, 09 Aug 2011 18:11:14 +0000

Check out the price adjustment on my listing in the Mount Helix Foothills! This beautiful 3 bedroom 2.5 bath custom remodeled is just waiting for you to move in! Bonus for close of escrow before Sept 15th!

4850 Avocado, La Mesa, CA | Powered by Postlets

Jennifer St. Clair — Wed, 04 May 2011 05:36:55 +0000

via postlets.com

Stop by the open house this Friday from 3-6pm!

4759 MONROE AVE, San Diego, CA | Powered by Postlets

Jennifer St. Clair — Sat, 09 Apr 2011 20:48:49 +0000

via postlets.com

CHECK OUT THIS NEW LISTING!

Todays featured home from Point Loma Ocean beach caravan

Jennifer St. Clair — Thu, 17 Mar 2011 17:45:55 +0000

1105 sunset cliffs blvd
A stunning 5/4.5 views uninstructed ocean views. Yours for $3.3M.

Sent from my iPhone Jennifer St.Clair-Realtor,CNE
Pacific Sotheby’s Int’l Realty
The Wonder Women Team
858.405.8525

REALTOR Magazine-Daily News-Bye-Bye Fannie, Freddie? What It Could MeanREALTOR Magazine Online: The real estate professional’s business support tool

Jennifer St. Clair — Tue, 22 Feb 2011 19:26:33 +0000

Your Magazine

Magnifying your voice and celebrating your accomplishments

CURRENT ISSUE

PAST ISSUES

via realtor.org

Bye-Bye Fannie, Freddie? What It Could Mean
The Obama administration announced on Friday plans to reform the housing finance market, including winding down government-controlled mortgage giants Fannie Mae and Freddie Mac and turning most of the market over to the private sector, as well as requiring larger down payments. The White House proposed three approaches to replacing Fannie Mae and Freddie Mac rather than offering up one final plan.

Beyond the Headlines- California Real Estate Market News

Jennifer St. Clair — Fri, 18 Feb 2011 19:25:02 +0000

an update from your local, friendly Realtor…

Beyond the Headlines – California Real Estate Market News

HOW’S THE MARKET?

Jennifer St. Clair — Wed, 16 Feb 2011 22:40:14 +0000

Download now or preview on posterous

market stats 2 14 2011.pdf (808 KB)

How’s the market?

Jennifer St. Clair — Wed, 16 Feb 2011 21:11:37 +0000

Download now or preview on posterous

market stats 2 14 2011.pdf (808 KB)

San Diego County Foreclosure Outcomes

Jennifer St. Clair — Wed, 09 Feb 2011 07:02:51 +0000

This chart covers the past year's data for San Diego County foreclosure filings and the ultimate result or outcome of the filing. The yellow line or 'sold to third party' represents those homes sold on the courthouse steps, usually to investors, while the red line represents those foreclosed homes that the bank now holds on their balance sheet and ultimately will be listed with a local Real Estate agent as an REO. This is where the so called 'shadow inventory' hides. After the bank repos the home but before they put it on the market as a distressed sale.

As you can see their has been a 23% decrease in the foreclosed homes sold to third parties from the prior year but up from December 2010 and Nov 200. The result being less 'fix and flips' on the market.

The gray line shows the foreclosures that were canceled for various reasons.

Baby can you spare a 3% commission?

Jennifer St. Clair — Sat, 26 Sep 2009 15:54:48 +0000

In the San Diego Real Esate market we are faced with multiple offer situtations with all our our buyers in the below 500K price range unless there i something really wrong with the home. This creates a dynamic where agents and buyers are frantically rushing from one new listing to another as soon as they pop up writing offers on anything that closely resembles their requirements even sight unseen.

This also has created a dynamic where listing agents and their clients, due to the demand, have decided that they are cutting their commissions so it is not uncommon to see 2% to 2.5% CBB. At the higher price points this is not as challanging but when you have a 100% VA 1st time home buyer that fell in love with a $200K home paying 2% CBB after you have taken them to view 70 homes and written offers on 10 properties this quickly becomes a huge issue! We buyer’s agents ought to be paid more in this crazy market! At the very least we ought to be earning the standard commission!

Through my networking I have access to investors with pre-MLS listings that only pay 2%CBB and I require my buyers to bring 1/2% if they want to shop these homes. This is a solution that has been accepted by every buyer and, though it still isn’t 3%, it is only a 16% redution in CM instead of a 33%. I have one investor client who pays only 3.5% total CM because he can! That’s 1-1.5% to listing agent and 2-2.5% to the selling agent. I’ve never been one in all my 25 years of sales to cut my commissions, yet in this crazy marketplace who

Personally, I have focused as much time and energy into developing relationships with asset managers, top agenicies and investors as I do prospecting because it doesn’t help to have 20 qualified buyers if there is no home to sell them. This has been a successfull strategy with my last wo buyers getting their first offer accepted.

San Diego may not be a unique marketplace right now but we sure have to get creative to service out clients needs these days. It’s about adaptation and change, creativity and perseverance. Baby can you spare a 3% commission?