The Shifting Desires of Home Buyers
January 5th, 2013 Categories: Chico CA Real Estate News, Uncategorized
What does today’s buyer want in a new home?
According to the U.S. Census Bureau, buyers are shifting away from McMansions on sprawling estate-like acreage. Instead, they are looking to downsize into smaller homes, in closer-knit neighborhoods with easier access to area services.
Ready to begin searching for that perfect Chico home, but haven’t yet partnered with a Realtor? The Sandi Bauman Team! at Chico Homes would consider it a pleasure and a privilege to assist you with the process. Our dynamic team of buyer specialists will offer you highly personalized and professional service every step of the way. Call Sandi 530-864-5407 or email [email protected] to get started!
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Chico Is A Seller’s Market!
January 1st, 2013 Categories: Chico CA Real Estate Market Stats, Chico Sellers
Historically low interest rates (3-4%) + low inventory = A SELLER’S MARKET.
As of this morning, there are only 153 active single family homes in Chico. Only 34 of those are under $200,000, which is a highly sought after price range. 79 homes sold in December 2012. 22 of those Chico homes sold for under $200k. We only have about 6 weeks of inventory available for buyers, which is considered LOW.
If you’ve been on the fence about putting your property on the market, now might finally be the right time. Lack of inventory in some price ranges is creating multiple offer scenarios on many properties. We’re finding it difficult to get some of our buyers into homes due to the competition with cash offers.
Considering selling? Call Sandi Bauman, the Top Chico Listing Agent for guidance. In 2011, Sandi Bauman and her Team sold more than 170 properties. The average Chico Realtor sold 5. It would be our pleasure and privilege to discuss your unique property. Call 530-864-5407 or email [email protected].
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Chico Homes are Selling like Hotcakes!
December 6th, 2012 Categories: Chico CA Real Estate News
The real estate market is intriguing during the winter months. Sellers are programmed to think that the holidays are a slow time of year, and that it’s best to wait until spring to list.
Without fail, December is always the busiest month of the year for us. The Sandi Bauman Team has put 9 homes in escrow in the past 3 days!!
Time for you to buy or sell? We are here to help!
Happy Holidays!
Ready to sell? Call Sandi Bauman, the Top Chico Listing Agent for guidance. In 2011, Sandi Bauman and her Team sold more than 170 properties. The average Chico Realtor sold 5. It would be our pleasure and privilege to discuss your unique property. Call 530-864-5407 or email [email protected].
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How Many Homes Did Most Buyers View Before Purchase?
August 25th, 2012 Categories: Chico Buyers
Ready to begin searching for that perfect Chico Home, but haven’t yet partnered with a Realtor? The Sandi Bauman Team! at Chico Homes would consider it a pleasure and a privilege to assist you with the process. Our dynamic team of buyer specialists will offer you highly personalized and professional service every step of the way. Call Sandi 530-864-5407 or email [email protected] to get started!
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About Sandi Bauman, Top 1% Producing Chico Realtor
December 9th, 2009 Categories: Chico CA Real Estate News
I can assist you with your Butte, Glenn and Tehama County REO files! Please call 530-864-5407 or email [email protected] for a resume detailing my default industry experience. I am one of the primary Chico REO listing agents and work with more than 30 companies. I have references, experienced venders, available capital for repairs and CFK’s, and task management software for the most streamlined transaction possible.
Let me introduce myself by saying that my name is Sandi Bauman. I am a top 1% producing Chico Realtor, and Broker/Owner of Chico Homes. HOWEVER, I have spent a lot of time in your shoes- whether you are a buyer, a seller, or somewhere in between, I know very well what it is like to be right there! I encountered my first real estate transaction at age 19, and have had the benefit (or disappointment) of working with quite a number of salespersons, brokers, and title companies since then. I understand how frustrating and confusing it is to be a consumer relying on a Realtor who just doesn’t seem to fit your needs or expectations.
What are your needs?
Well, according to a recent article, the top three complaints voiced by consumers about real estate agents were as follows:
1. The agent was inaccessible and didn’t return my calls in a timely manner;
2. The agent didn’t take the time to really get to know me and therefore, my real estate needs;
3. The agent didn’t seem to have my best interest at heart.
My philosophy is simple. I treat each client with the same respect, professionalism, and integrity I would hope to find if I were the one doing the hiring. Phone calls and questions via e-mail will be returned at the earliest possible convenience. When it comes to my personal life, I want my questions answered, and my calls returned! I expect that you are looking for the same.
I make a concerted effort to learn as much as possible about my client’s lifestyle, special interests, and ideals in order to respect their time. This will narrow the list of possibilities when it comes to previewing properties, and let us focus on what you really want.
At the end of the day, if you’re not happy, I’m not happy! I will go to great lengths to accomplish your goals in a professional yet personal manner that exceeds your expectations. To me, it’s not about closing the deal. It’s about having you satisfied with the way your transaction was handled.
Give me a call! I’m looking forward to working with you.
Professional Qualifications, Affiliations and Designations
* Top 1% Producer, Chico MLS 2010-2012
* Chico Homes Top Listing Agent 2006-2012
* Chico Homes Top Producer 2005-2012
* Certified Luxury Homes Marketing Specialist (CLHMS)
* Certified Internet Professional( e-PRO)
* Short Sales and Foreclosure Resource Certification (SFR)
* Five Star Professional (FSP)
* Vendor Resource Management Trained (VRM)
* Certified Distressed Property Expert (CDPE)
* Member, Real Estate Buyer’s Agent Council (REBAC)
* Accredited Buyer Representative (ABR) designated
* Chico Association of Realtors, elected board member 2000, 2013
* Sierra North Valley Multiple Listing Service
* California Association of Realtors
* National Association of Realtors
* JustListed Certified Professional
* Realtor.com enhanced listings
* Active Rain Rainmaker
* Localism participant
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How Much Should I Offer On A Foreclosure Listing?
April 25th, 2009 Categories: Chico CA Real Estate News
One of the most common questions that I hear in the business of selling Chico foreclosures is, “How much should I offer?”
Buyers often think that if the property is a foreclosure (aka REO or bank-owned property) that the offer should automatically come in low. What they are really asking is, “How low of an offer can I get away with?”
It’s important to understand that the banks that own the foreclosures are like any “normal seller.” Some sellers price their property really high in the beginning “just to see” if they can make a killing. Other sellers price it low in order to create some competitive excitement and facilitate a quick sale. Still others aim to price it very close to market value to ensure that it sells within a reasonable time period at the highest price possible.
Banks are no different, in that they have a pricing strategy. They typically get at least 2 different opinions of value from Chico Realtors, and many take the extra step of ordering an appraisal prior to settling on a list price. Once they have determined fair market value, the asset manager then prices the property according to their company’s policy. Some companies seem to take the fair market value and mark it up like 20%. They refuse to seriously consider lower offers, and by the time it actually sells 6 months later, they sell it for less than they could have originally, because the market had continued to decline. Conversely, I work for one company that routinely prices their properties just under market value in order to procure a buyer within 7 days.
Don’t assume, just because the property is bank owned, that you should automatically write a low offer!!
As a buyer, you need to work with your chosen Realtor to carefully assess the property and consider the comps in order to determine what the fair market value might be. The property may very well be under priced! I see buyers miss out on fabulous deals by tossing out low offers with little insight as to the true value, or consideration of how much time the property has had on the market. I can assure you, there are many savvy buyers and investors out there offering full price or more on properties. Yes! They are offering above asking price even in this market of declining values. Why? They did their homework, and are capable of recognizing a good deal when they see one.
Of course the flip side is that a bank will sometimes take a low offer. I most commonly see lower offers being accepted after several low offers have come in, and it becomes apparent to the seller that they have missed the mark on their initial price. Occasionally a clean, all cash offer will be accepted lower than asking price. It’s often worth it to the seller to settle at a lower price if they don’t have to wait 30 days or more to see their money. However, I think it’s an unfortunate misconception that many buyers with cash perceive their cash offer to be more appealing than it really is.
Cash in lieu of financing is not normally going to save a buyer a crazy amount of money.
Again, the best bet is to partner with a local Realtor who specializes in Chico foreclosures, and is astute at determining property value. Do your homework and find a Realtor who is closing a lot of deals, and with whom you share a mutual respect and trust. Pay close attention to the asking and selling prices of homes in the price range you want to purchase.
The more knowledgeable you become, and the more savvy your Realtor is, the better the odds that your offer will be competitive enough to win without overpaying for the property.
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Chico CA Foreclosure Properties For Sale
November 7th, 2008 Categories: Chico CA Foreclosure Listings, Chico CA Real Estate News
Want the inside scoop on Chico area Real Estate foreclosure properties not yet listed? The following are scheduled for marketing within the next 30 days by Chico Realtor Sandi Bauman:
5975 Maxwell #13, Paradise
15233 Humbug, Magalia
708 Bradford, Chico
Click here for Butte, Glenn and Tehama Foreclosure listings
Subscribe to: Chico CA Real Estate Blog to receive daily Chico foreclosure updates!
Call your local Chico Realtor Sandi Bauman 530-864-5407.
MUST HAVE information:
Foreclosures: What you should know BEFORE you make an offer, Part 1
Foreclosures: What you should know BEFORE you make an offer, Part 2
Foreclosures: What you should know BEFORE you make an offer, Part 3
Chico, California Foreclosures and West Nile Virus
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Now is the time to invest in Chico CA Foreclosures!
November 3rd, 2008 Categories: Chico CA Foreclosure Listings
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Smart Investors are Buying Chico Foreclosures!
October 31st, 2008 Categories: Chico CA Foreclosure Listings, Chico CA Real Estate News
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Bank Owned Properties in Chico for Sale!
October 29th, 2008 Categories: Chico CA Real Estate News
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