Picture of Eagle Ridge

Here are some pictures of Eagle Ridge. If you lived here, you can experience these beautiful scenes every day. Enjoy!
Gary Frimann
Broker/Owner
Eagle Ridge Realty
(408) 846-8284
EAGLE RIDGE REALTY
EAGLE RIDGE NEIGHBORHOOD

EAGLE RIDGE REALTY

EAGLE RIDGE NEIGHBORHOOD

The case to stay away from franchised real estate!

Just facts, no "puffing" or exagerations...December 22nd- just 3 days before Christmas, and here's my free christmas present to all homeowners...Since 9/1/2007, only 3 houses have closed escrow in Eagle Ridge, which is not spectacular when you think there are currently 32 homes on the market. 2 are "Sale Pending"...Guess what (or who) sold 2 of the 3 homes? Small Brokerages, with less than 10 agents.That's who had the listing on those 2 of the 3. The franchises are not as prevalent in Eagle Ridge as they once were, perhaps because, in my opinion, smaller brokerages do a better job handling listings... Just an observation. Not all agents, just some of those that work for the large franchises. Why, you may ask? It is the nature of the larger brokerages to pound their agents to "get listings, get listings, get listings!" They need homes to fill the space of their newspaper ads so they look big and busy! Here's and interesting fact- 50% of all agents across this great land of ours work for a broker with fewer than 10 agents, yet they sell 60% of all the real estate. Think about that next time you choose a broker to sell youir home. All real estate is local.

All the homes on the market in Eagle Ridge

Well, as agents are wont to find out, taking an overpriced listing does one no good. I don't know where some of these people are coming up with their valuations, but I can certainly see a trend in some agents over pricing.
What does over-pricing a home do? Absolutely nothing.
Perhaps you should charge your real estate agent for the sign value in front of your house. How does $1,000/month sound? Fair? That would be a fair approximation of them having their sign on your front yard, month after month, with a flyer box that remains empty...
That's what they don't want you to know: there is sign value. Getting calls off a sign still works in some situations, believe it or not. Then they sell Mr. and Mrs. Buyer a home somewhere else in Eagle Ridge, and get a 3% commission, perhaps not the 1% commission you are paying them to sell...
More about this in another blog.
Let me ask just one question-- If you see a lot of signs from one brokerage, does that mean they are busy/successful? Or, are they just sitting on a lot of properties. Perception is NOT always reality.
More about that later, as well.