Page 3 - Van Wig & Associates Newsletter, Lakewood Edge ~ September 2019 Issue
P. 3

FINDING THE RIGHT AGENT Continued From Page One



                                                                                                           code of ethics enforced through arbitration.
                                                                                                              Even if a professional  comes highly recommended  by
                                                                                                           family and friends, it is still up to you to conduct a phone or
                                                                                                           face-to-face interview to make sure that the agent is a good fit.
                                                                                                            DON’T FORGET TO FOLLOW UP ON VERIFYING THE
                                                                                                               LICENSE OF YOUR REAL ESTATE CANDIDATE
                                                                                                              You can go to the California Department of Real Estate’s
                                                                                                           website go to www.dre.ca.gov/Consumers/
                                                                                                              Look for verify a Real Estate License, as you see in the
                                                                                                           image; put in their number or name they gave you and when
                                                                                                           it comes up, scroll all the way down to read any comments
                                                                                                           that may be there. Their DRE number should also be on their
                                                                                                           business card so you could find it there.
                                                                                                              If the DRE is examining their record and business practices,
                                                                                                           then maybe you might want to choose someone else to talk to.
                                                                                                              If you would like material to help you evaluate an agent’s
                                                                                                           answers to the list of questions, feel free to email Allison@
                                                                                                           SuperBroker.com with the subject line being Follow Up Info
                                                                                                           for Agent Questions.
                                                                                                              Allison will be happy to email you additional information
                                                                                                           you might need to navigate and evaluate the information and
                                                                                                           answers you received during your interview.   n







                                                                                     EXAMPLE










                              LAKEWOOD MARKET UPDATE





                            MEDIAN LIST PRICE - 90712                                                  REAL-TIME MARKET PROFILE
                                                                                                       NEVER MISS IMPORTANT CHANGES IN THE LAKEWOOD MARKET



















          We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

          MARKET SEGMENTS                                 Each segment below represents approximately
                                                          25% of the market ordered by price.
            MEDIAN PRICE   SQ. FT.     LOT SIZE       BEDS    BATH   AGE     NEW     ABSORBED  DOM
            $874,900      2,534    8,000 - 10,000 SQFT    3     2     61      0          1       33
            $669,900      1,546    4,500 - 6,500 SQFT    3      1     72      0          2       36
            $594,500      1,359    4,500 - 6,500 SQFT    3      1     72      1          3       71
            $550,000       918     4,500 - 6,500 SQFT    2      0     69      3          6       16


                            MEDIAN LIST PRICE - 90713                                                  REAL-TIME MARKET PROFILE
                                                                                                       NEVER MISS IMPORTANT CHANGES IN THE LAKEWOOD MARKET



















          We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
           MARKET SEGMENTS                                Each segment below represents approximately
                                                          25% of the market ordered by price.
             MEDIAN PRICE   SQ. FT.    LOT SIZE       BEDS    BATH   AGE     NEW     ABSORBED  DOM
             $795,000      1,979    4,500 - 6,500 SQFT    4     2     64      0          2       33
             $659,450      1,684    4,500 - 6,500 SQFT    3     1     69      3          1       22
             $615,000      1,525    4,500 - 6,500 SQFT    3     1     65      3          4       56
             $577,400      1,143    4,500 - 6,500 SQFT    3     0     68      2          2       32
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