What Your Buyer’s Agent Doesn’t Want You To Know – Buying Without a Broker

Real Estate News  —  The Death of the Buyer’s Agent

The statistics in this L.A. Loft Blog post will surprise and shock home buyers and real estate agents alike. Realtors who specialize in helping buyers are facing a diminished financial future as buyers are feeling more empowered by the internet to find homes on their own. #buyersagent #homeprices

Death of the Buyer's Agent
Death of the Buyer’s Agent

While using a buyer’s agent is not a legal requirement for purchase of a home in California, nearly 100% of transactions involve getting help from a buyer’s agent, listing agent or attorney. For a good chance of a successful purchase, the offer needs to be written up properly, with sufficient supporting documents so that it can be seriously considered by the seller.  Most buyers choose to find and use their own agent who specializes in helping buyers and who can be dedicated to helping the buyer to find the right home, then to negotiate the best price and terms that are in the buyer’s best interest. Because technology is improving, a growing number of buyers are finding their own on real estate websites, and then contacting the listing agent without getting help from a buyer’s agent.

The Los Angeles Times reported on why some buyers are ditching the real estate agent and turning to start-ups and other websites for help instead. In the past, real estate agents had exclusive access to much real estate information that home buyers could not get themselves. But today, property listings, photos, recently sold prices, school ratings and neighborhood information such as crime rates are available free on the internet. For some assertive buyers, that’s an invitation to bypass an agent and, in the process, try to negotiate some of the 2.5% to 3% that is commonly paid to the buyers agent. Why not ask for some of that to be applied to lowering the purchase price if no buyer’s agent is being utilized? There are some new websites that specialize in helping buyers with an online platform. Some, such as Open Listings represent the buyer and then rebate half of the selling agent’s commission to the buyer.

Even with the latest technology to help buyers (92% of buyers use the Internet during their home search according to National Assn. of Realtors), most decide to use a buyer’s agent so that they won’t risk missing out on the perfect home, and they want the most powerful negotiator that comes from a full-service, fully-compensated agent who will creatively overcome the many tricky hurdles that are typical with most California real estate transactions. Most buyer choose to hire good representation because they know that there is not enough inventory in today’s market, often too many buyers who they must compete with who are using the best strategies and tactics to get the best home for the least amount of money.  Then, if lucky enough to beat out the other buyers to the best deals, the buyer must then face an adversarial seller who is represented by a clever listing agent employing every strategy in their arsenal to extract as much money from the buyer as possible on the seller’s terms. Most buyers know intuitively that a cut-rate service could be risky, especially in a sophisticated area like Los Angeles, and buyers want the best help possible representation when the difficult rivals, problems and questions present themselves in a real estate transaction.

Buyer's Agents Feel Squeeze of Technology
Buyer’s Agents Feel Squeeze of Technology

These questions include: How do I find the listing agent? How do I get just the right properties that match my criteria in my email every day as soon as they come on the market? How do I find the real bargains that are not on the internet? How do I see new homes under construction? How can I put in an offer with an escalation clause? Where can I find the special deals like distressed properties, raw lofts, REO, foreclosures, auctions, bank owned, for sale by owner, expired listings, company owned, estate sales, probate sales, homes falling out of escrow, homes falling out of contract, expired listings, listings on hold, vacant homes, divorce sales, auctions, pre-auctions, pre-foreclosure, off market properties, private listings, unlisted homes for sale, pocket listings, need-to-sell-now homes, unclaimed homes, upcoming new loft conversions and homes for sale by sellers who do not want to pay an agent? Many of these deals are missed by buyers with or without an agent.

Shocking Facts About Buyer’s Agents – Homes Sell Faster Without ‘Em

The reality of today’s real estate market is that the buyer’s agent is slowly diminishing in necessity. Possibly because they are actually slowing down home sales.  As a matter of fact, the big real estate news today is that homes now sell faster when the buyer’s agent is offered less commission. Yes, you read that correctly.  Homes now sell faster when the seller and listing agent share less money with the buyer’s broker.  We could not believe it when some leading real estate coaches and brokers recently told us, so we ran the recent numbers for the local Los Angeles market. Higher CSO shared commission to buyer’s agent of 2.6% or more resulted in an average of 70 days on the market, while a lower CSO of 2.4% or less delivered a sale in just 57 days on average during the same 6-month period based on TheMLS data. Of course, the average home sold for significantly less money with a lower average sold price when the shared commission was lower.

Lower CSO brings faster home sale
Lower CSO associated with faster home sale
Higher CSO correlates with slower home sale
Higher CSO correlates with slower home sale

While most prospective home buyers search the internet themselves first, most of them still ultimately prefer to use a buyer’s agent because that way they can feel confident that a trusted professional is on their side exclusively, they can get all of the pros and cons, and the seller pays for it.

Hard-to-Find Bargains DTLA  –  Find out where they are.   —  Get a free list of the best DTLA loft and condos investments with best prices and special deals. Fill out the online form:

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Less Commission to Buyer's Agent Get Faster Sale
Less Commission to Buyer’s Agent Results in Faster Sale

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Top 13 Mistakes to Avoid in Downtown Los Angeles Real Estate

Lofts and Condos in Downtown L.A. Without Costly Mistakes

13 Problems to Avoid in Downtown Los Angeles
13 Problems to Avoid in Downtown Los Angeles

When moving to a loft or condominium in the most exciting place on earth, buyers want the fun and convenience without the hassles and drawbacks that can often occur for new home buyers and experienced real estate investors alike.  #dtla #homebuyer #mistakes  To help home buyers get the good while dodging the negatives, here is a list of the top thirteen pitfalls to hurdle when looking into DTLA homes for sale:

  1. Loft Lending Problems – Most properties in Downtown Los Angeles are in industrial or commercial buildings that have been converted to live/work residential units under the special Los Angeles Adaptive Re-Use Ordinance. Most home lenders are unfamiliar with these rare property types, causing a host of misunderstandings, delays, cost overruns and failed transactions. Loft loans can be a breeze when buyers use a Downtown loft specialist lender.
  2. Lawsuits and Litigation – More than 25% of homes listed for sale are currently or recently involved in legal issues that may affect purchasability and profitability of the property. Downtown loft specialist realtors have the most knowledge and information on these issues to share with prospective buyers and to ensure a happy home purchase.
  3. Maintenance Issues – While industrial and commercial lofts generally have superior robust construction, all properties require maintenance that is best done before the inspection process. Buyer also want to be in a building with excellent building maintenance and low HOA dues.
  4. Low Appraisal – While home prices are above average, reducing  the chance of a low appraisal, home buyers and seller should see a full CMA Competitive Marketing Analysis or comps (recently sold comparable properties) before entering into a transaction.
  5. Out-of-Area Agents – Getting help from a local Downtown loft specialist is the most popular way to prevent errors and omissions that are common when relying on a real estate professional who is not among the most experienced and knowledgable about the complications of Downtown L.A. real estate.
  6. Insufficient Knowledge – The costliest and most worrisome mistakes are made when buyers and sellers make hasty emotional decisions that are not based on tried and true experience in DTLA real estate. Home buyers and sellers can get free information easily from the LA Loft Blog.  |  ASK
  7. Defects and Damage – All properties, buildings and neighborhoods in Downtown Los Angeles have issues that buyers need to know about before going to see properties. In addition to hidden defects, buyers need to know in advance about what is happening in and around the building.
  8. Loft Issues – In addition to building conversion and architecture issues, buyer need to know about tax status, zoning, live/work status, renter ratio, retrofit inspections and other issues that affect the value and desirability of each different building.
  9. Downtown Disasters – Urban areas have more going on, both good and bad.  With a large homes population, common urban crime, and financial issues of some buildings, buyers need to receive an abundance of disclosures and info.
  10. Air Quality – Most of Downtown Los Angeles is in a red zone of pollution, noise and other hazards. Prospective Downtowners need to know about all of them.
  11. Too Many Buyers – The market is great for sellers, and challenging for buyers.  When a super deal comes up on a beautiful home, many buyers must compete to try to buy the right place.
  12. Not Enough Inventory – Home owners are happy with the results of their investment, and few have any reason to sell. The results is a low number of properties for sale on the market.
  13. Missing Out on the Perfect Place – The #1 fear of buyers is to not see or to be too late when the perfect home does come up for sale.  This can be prevented by automatically receiving all of the homes from all real estate companies as soon as they hit the market, including the unlisted homes, along with the best deals that are not on the internet.

While any or several of these issues can really put a damper on the enjoyment and profitability of a Downtown Los Angeles property, solutions exist that can prevent or eliminate any serious problems. Get a free information on Downtown L.A. homes. Fill out the online form:

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Getting the Most Out of Downtown LA Lofts and Condos
Getting the Most Out of Downtown LA Lofts and Condos

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Home Buyer’s Guide – Things to Consider When Buying a Loft, Condo or House

What to Expect When Buying a Home —  Housing Market Forecast Fall 2017 Edition

How to buy a loft, condo or house for less money:  The new Fall 2017 Home Buyer’s Guide has just arrived.  #homebuyer #guide

Buying a Loft in Downtown Los Angeles
Buying a Loft in Downtown Los Angeles
  • 4 REASONS TO BUY A HOME THIS FALL!

WHAT’S HAPPENING IN THE HOUSING MARKET?

  • BUYING IS NOW 33.1% CHEAPER THAN RENTING IN THE US
  • IS YOUR FIRST HOME WITHIN YOUR GRASP?
  • Home Prices Over The Last Year
  • BUYING A HOME? CONSIDER COST, NOT JUST PRICE

WHAT YOU NEED TO KNOW BEFORE YOU BUY

  • 5 REASONS HOMEOWNERSHIP IS A GOOD FINANCIAL INVESTMENT
  • HOW LOW INTEREST RATES INCREASE YOUR PURCHASING POWER
  • STARTING TO LOOK FOR A HOME? WHAT YOU WANT VS. WHAT YOU NEED
  • 2 MYTHS THAT MAY BE HOLDING YOU BACK FROM BUYING
  • YOU CAN SAVE FOR A DOWN PAYMENT FASTER THAN YOU THINK
  • WHY PRE-APPROVAL SHOULD BE YOUR FIRST STEP

WHAT TO EXPECT WHEN BUYING A HOME

  • GETTING A MORTGAGE: WHY SO MUCH PAPERWORK?
  • HAVE YOU PUT ASIDE ENOUGH FOR CLOSING COSTS?
  • READY TO MAKE AN OFFER? 4 TIPS FOR SUCCESS
Home Buyers Guide Fall 2017 Buying a Home
Home Buyers Guide Fall 2017 Buying a Home

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.1% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.9% over the next year. The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.  Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have hovered around 4%. Most experts predict that rates will …  |  To continue reading, request a free copy of the Fall 2017 Home Buyer’s Guide. Fill out the form below:

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Downtown L.A. Home Buyer Guide
Downtown L.A. Home Buyer Guide

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

10 Mistakes to Avoid when Buying a Loft, Condo or House in the Downtown Los Angeles Area

Before seeing homes or meeting with a real estate agent, prospective Downtown LA home buyers should be aware of some of the most common problems and how to avoid them.

la loft blog

These problems include: lawsuits, litigation, loft and condo lending problems, getting trapped by a real estate agent, missing out on the best deals, losing out to other buyers, failing to negotiate the best price and terms, delays due to failed inspections, HOA move-in delays, unpermitted improvements, risk of losing deposit and no electricity. Here’s how to make the home buying process go more smoothly and to profit in DTLA:

10 IMPORTANT HOME BUYING TIPS:

The #1 mistake that we have seen since 2011 is prospective buyers delaying a home purchase. Prices have been going up about 1% every 6 months for the last several years, with rents going up about the same. Homeowners have gained an average of more than $200,000 in equity, while renters have really lost out in terms of net worth.

Place the highest and best offer on the very first day of a listing. Prices and terms are negotiable. Buyers may ask the seller to pay some of the expenses such as closing costs. If buyers asks for too much, they may lose to another offer.  Buyers should get a list of comps, recently sold comparable homes, in the building or neighborhood so that he buyer can see first hand what buyers have paid recently for a similar home. #dtla #buyermistakes

Most purchases entail delays and unexpected miscellaneous expenses. Some transactions fail after incurring expenses for the prospective buyer. Some borrowers are unable to obtain financing. Loft purchase may require a loft specialist lender.  They can be found at www.LALoftLoan.com.

Delays are common. Be sure to allow plenty of extra time for moving, and extra money for unanticipated costs.

Ensure that the seller has installed a carbon monoxide detector before the inspections.

For condos, HOA move in fee, move out fee and HOA move in security deposit are often required; ask HOA for details. A move in appointment and information form is required by most HOAs. Contact the HOA well in advance to make move in arrangements.

For houses, always ask seller for any permits pertaining to additions and major improvements. Buyers can get a free floor plan at MyFloorPlanFree.com.

Removing contingencies places the buyer’s deposit at risk. Do not sign off on all contingencies until sure that the transaction will be completed. Buyers must usually remove contingencies before seller completes repairs.

Electricity may be turned off before or right after the purchase. Order utilities in advance of move-in.

Buyer’s can avoid most mistakes simply by hiring at no cost a Downtown area specialist who is knowlegable about the buildings and neighborhood issues.  A good local agent will take down the buyer’s home buying criteria, to help to get priority access to hot new listings, to aid the buyer in receiving proprietary information such as unlisted properties, and to show several homes when possible.  A free home buyer consultation is the first step to a successful home purchase.

Buyers should pay nothing for this service, and there should be no obligation to buy a home. To expedite the process, buyers should give the agent proof of funds (a statement of an account with some down payment funds, black out the account number). Also, buyers will get priority service from agents and owners if buyer is preapproved for a loan. Get a free list of Downtown loft lenders who can finance a live-work loft, Mills Act loft, and other homes converted under the Los Angeles Adaptive Re-Use Ordinance. Fill out the online form:

UTILITIES DOWNTOWN L.A.

Call DWP to turn on electricity
ladwp.com
800-dial-dwp

SoCal gas
1-800-427-2200

Cable tv is usually
http://www.timewarnercable.com/
888-tw-cable
(or)
AerioConnect http://www.aerioconnect.com

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Discover How to Avoid the 6 Biggest Mistakes Downtown Homebuyers Make

Get FREE Instant Access at BuyerMistakesLA.com  #homebuyer #mistakes

downtown-los-angeles-david-corey-e

A new report has just been released which identifies the 6 most common and costly mistakes that Downtown Los Angeles homebuyers make when buying a loft or condo.

buyer-mistakes-rsiMortgage regulations have changed significantly over the last few years, making buying options wider than ever. Subtle changes in the way buyers approach mortgage shopping, and even small differences in the way they structure your mortgage, can cost or save literally thousands of dollars and years of expense.

Whether you are about to buy your first home, or are planning to make a move to your next home, it is critical that you inform yourself about the factors involved.

In answer to this issue, industry insiders have prepared a FREE special report entitled “6 Things You Must Know Before You Buy”.

Having the right information can make a major difference in this critical negotiation.

Order this report NOW to find out what you need to know to secure the best mortgage for your next move at www.BuyerMistakesLA.com or fill out the online form:

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Buyer Mistakes to Avoid

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Buying a Downtown Los Angeles Loft – Cash Home Purchase #cash #lofts

cash-home-purchase-loft-moneyMore than 25% of Downtown loft purchased in 2016 have been all cash purchases. Cash buyers save about 5% to 7% on a home purchase because they are not paying interest on a home loan, and they can often pay about 1% to 2% less on the purchase price. Home sellers are likely to accept a cash buyer for slightly less money than a financed buyer because the cash buyer does not need to get approval from a lender or appraiser.  A cash purchase can often be completed in 10-15 days whereas the average financed purchase takes 30 days, and some, such as FHA/VA may take 45 days or longer.

Take a look at the new video for Downtown cash buyers, or those who plan to finance can instead see the version of the video that includes info on loft financing at https://youtu.be/QiGuKdgdOnQ

Get a certificate for $1,000 off your closing costs when you buy a Downtown loft or condo. Fill out the online form:

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corey-downtown-dtla-higgins

Copyright © 2016 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Downtown LA Lofts Unlisted For Sale at Eckardt Building Fashion District

At 738 S Los Angeles St, Downtown L.A., the LA Loft Blog has just learned of some amazing live/work industrial lofts for sale that are unlisted, off-market pocket listings and hard-to-find deals. #fashiondistrict #unlisted

eckardt-santee-bldg-mk

While so many prospective Downtown LA home owners spend countless hours and days seeing the same picked-over choices on the internet, browsing hundreds of lofts and condos that may or may not match what they are looking for, they risk missing out on just the right home. They get frustrated because the best deals seem to be gone before they see them. They are unaware that up to 45% of the best deals in Downtown Los Angeles are unlisted, off-market, pocket listings and unadvertised bargains that are not found online.

Here is another example of the dozens and sometimes hundreds of amazing Downtown lofts for sale that are not easily found by the public and not listed for real estate agents:

Live-work industrial lofts for sale at 738 S Los Angeles St. 90014 Get free information on gaining priority access and proprietary information on Downtown LA pocket listings, off-market and unlisted properties by signing up at http://www.LASecretLofts.com

If you love Downtown Los Angeles, you will he happy to see these unlisted Historic Core Santee Village industrial Live/Work Lofts for sale in the Eckardt Building in the middle of the action of the trendy Fashion District in Downtown LA. With huge, near floor-to-ceiling windows that bring in dramatic natural light and views of the city skyline, these lofts offer tremendous character, convenience and authentic vibe. High ceilings with exposed plumbing. Modern kitchen w/ Bosch Stainless Steel appliances. Washer & Dryer in unit. Central air A/C and heat, polished concrete floors, fire escape balcony. Covered parking in Maple lot with free evening shuttle. Building qualifies under the Mills Act for significant savings on property taxes. Building amenities include Swimming Pool, Hot Tub Spa, Fitness Center Gym, Half Basketball Court, Golf Driving Range, Dog Run and 24-hr security patrol service. Amazing neighborhood, walk to dozens of the best restaurants, Grocery Store, other shops in the village. A special urban oasis in a truly exciting location!

See these unlisted lofts today Corey (213) 880-9910 and receive free information about getting priority access and proprietary information on Downtown LA pocket listings, off-market and unlisted properties at http://www.LASecretLofts.com

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Your Home Sold GUARANTEED or I’ll Buy It*

No Gimmicks! For information on my exclusive Guaranteed Sale Program, order a Free Report by visiting http://www.GuaranteedSaleSoCal.com

4 Big Reasons to Call the Chambers Team to Sell Your Home:

#1 We’ll Get You More Money – Chambers Team gets you 2.2% more of the asking price
#2 We’ll Sell Your Home Faster – Chambers Team sells homes 44% faster
#3 More Likely to Sell – Chambers Team homes are 16% more likely to sell
#4 We’ve got more than 2,600 buyers in our Data Base looking for a home

To find out how much you can sell your home for and how long it will take, call Corey at (213) 880-9910

*seller and Corey must agree on price and time of possession. Realty Source Inc BRE#01889449

Your Referrals Help the Kids. For every referral I receive, I donate a portion to the Children’s Hospital Los Angeles. With your referrals, you are helping Children’s Hospital ensure that critical life-saving care is available to every child they treat. http://www.ReferralsHelpKids.com

Corey Chambers
(213) 880-9910
coreychambers@yahoo.com

Realty Source Inc BRE#01889449

http://www.CoreyChambers.com

Santee rooftop pool

FREE HOME-BUYER PROTECTION PROGRAMS – Downtown Loft and Condos For Sale

It’s an exciting new world that combines the comforts of modern luxuries, convenience of walkable restaurants, shopping, entertainment and Metro transportation with the power of historic culture and new creative energies. #homebuyer #protection

1100-wilshire-rooftop-sun-deck-05mk

As Downtown Los Angeles continues its renaissance and transformation from blight to luxury, homeowners are just beginning to realize the fortune of their gains. Thousands of Downtowners have seen equity growth in the hundreds of thousands of dollars in just the last few years. Others quietly wait and hope for home prices to drop again before they will get in the real estate investment game. Nobody on earth can predict the economics, but we can all enjoy fresh organic flavors of Urth Caffe while pondering our next creative endeavors. Today, prospective Downtown home buyers can really relax as we take advantage of free home-buyer protections.

Renters save $600.00 off rent by upgrading to get priority access and unadvertised bargains from the L.A. Loft Tour at http://www.LALoftTour.com.

Many home shoppers are not aware of that they can beat out other buyers to the best deals by getting priority access to hot new listings, including: Downtown foreclosures, unlisted lofts, distressed properties, raw lofts, vacant condos, bank owned homes, company owned, REO, short sales, Mills Act tax savings on historic lofts, low HOA dues, low down payment and buyer protection on new loft conversions and new construction homes.  While everyone can enjoy searching the internet for homes, most notice that the best deals found on the internet are gone before we get a chance to see them.  This is because the very best deals are not on the internet, most of the other good deals are going to VIP buyers before they go on the web.  The best free homebuyer protection programs actually include priority notifications of the best deals often 3-10 days before they are uploaded to the internet.

Home buyer protection also helps buyers get a lower price and better terms by placing the buyer’s interests above the seller’s interests.  The programs allow the buyer to get all of the information, the pros and the cons, on the property so that the buyer will know what they are buying ahead of time, and be more happy after the home purchase.  And to make sure that happens, a free warranty and “Love Your New Home” Guarantee are sometimes offered.

Access unlisted units, pocket listings and unadvertised bargains
Lower price
Better terms
Placing the buyer’s interests above the sellers interests
Free home warranty
Home report with ros and cons, good and bad
Love Your New Home Guarantee

Get more information on the free homebuyer protections. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

1100-wilshire-rooftop-pool-deck-04mk

Copyright © 2016 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

How to Save Money on Real Estate by Going Direct to the Listing Agent

Find Your Own Loft and Get the Best Deal

With Downtown real estate prices so high, buyers and renters of Downtown lofts and condos are looking for ways to save money and get the most home for the dollar.

molino-invest-03

One way to do that is by cutting out the middle-man and going direct.  By getting priority access to hot new listings and unlisted properties, new Downtowners may be able to get the best deal.

Buyers can figure out how much money is on the table by calculating the commission that would normally go to the buyer’s agent, also called a selling agent.  Sellers and landlords usually allocate around 5% to 6% to the real estate brokers.  About half generally goes to the listing agent and half to the selling agent. If the renter or buyer goes directly to the listing agent, there is about 2.5% to 3% extra that can be negotiated sometimes in the buyer’s favor. Most agents, however, are not too excited about giving away any of their commission, so the correct tactics must be used to save as much money as possible.

Regardless of the ability to negotiate, getting the best home with the lowest price starts with gaining access to the best deals possible.  Here are several ways to get info on the best deals in Downtown Los Angeles:

JUST LISTED – Beat out other buyers to the best deals with hot, new listings.
UNLISTED – Get the lowest price when other buyers do not know about the properties.
POCKET LISTINGS – A great deal is in your pocket
DISTRESSED PROPERTIES – Their loss is your gain
RAW LOFTS – Unimproved, fixers or maybe just needing a little TLC
FORECLOSURES – Bank-owned, REO, company-owned and repossessions
MILLS ACT – Save thousands on taxes every year

How To Go Direct To the Listing Agent And Save Money!
Learn 10 Inside Secrets to Finding Your Loft Yourself
Get FREE Instant Access by completing the form on this page.

If you’ve tried to find your perfect home yourself, you know that the minute you start signing up on the home search websites, the phone will start to ring off the hook. Unfortunately, most calls aren’t from prospective loft sellers, but rather from every real estate agent in town who will start to hound you for your business.

Like other home buyers, you’ll be subjected to a hundred sales pitches from agents who will tell you how great they are and how you can’t possibly find a home by yourself. After all, without the proper information, finding the best deals a home isn’t easy. Perhaps you’ve been looking for several months with none that were just right, or lost out to another buyer. This can be a very frustrating time, and many home buyers have given up their dream of finding their home themselves.

But don’t give up until you’ve read a new report entitled “Find Your Own Home” which has been prepared especially for homebuyers like you. You’ll find that finding your perfect home by yourself is entirely possible once you understand the process.

Inside this report, you’ll find 10 inside tips to finding your home by yourself which will help you buy for the best price with the least hassle and risk. You’ll find out what real estate agents don’t want you to know.

Order this report NOW to learn how you really can find your home yourself and get the best price. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

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Copyright © 2016 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

1100 Wilshire Now the Chase Building – Downtown Los Angeles Lofts and Condos

Located at 1100 Wilshire Boulevard, Los Angeles, CA 90017, the famous luxury highrise tower condominium building is now also home to a popular bank branch.  The big “1100” that once branded the structure as a sign on the building has now been changed to “Chase.”  While some residents are not happy with the major presence of the well-known bank branch, it is convenient to use their ATM, and guests can get free parking when they use the Chase ATM inside the branch.

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1100 Wilshire has a fine reputation of quality lofts, luxury amenities and 100% unobstructed views due to its towering pillar of 17 stories of parking spaces. Other amenities include 24 hour security front desk concierge, large fitness center gym, conference meeting room business center, video screening room, rooftop infinity pool deck with cabanas, outdoor kitchen and fire pit, hot tub spa and private event patio.

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Currently there is a very high up loft condo unit on the 36th floor for lease that includes 2 free excellent parking spaces and free utilities.  See the property description and photos on the L.A Loft Blog.

Find out what there is for sale and for lease at the 1100 Wilshire Building at www.1100Wilshire.info

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

1100-wilshire-photo-23

Copyright © 2016 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.