Ask an Expert, Big Bear Real Estate

Brutally Honest Big Bear Real Estate

How much marketing will it take to sell my overpriced house?

How many overpriced homes have sold lately in your neighborhood? Are there a many people buying houses in your home town just because the agent had stupendous marketing?

I am not going to try to over analyze a simple topic

There is a common denominator with all homes that are currently selling…. they are priced at or below market value. They are priced like the bank owned and short sale listings. They compete with the best values in the market.

No amount of marketing will sell an overpriced house. None of the gimmicks, no talking signs, no flashing lights, no open houses, not even a higher commission to the selling agent.

In today’s market, it is all about the price. If the price is wrong, you loose.

The single most important item in determining if your house sells is the price. Don’t try to build in a little cushion in the price.

If your going fishing in the Big Bear Lake housing market, you’ll want to have the best bait.

Pricing your Big Bear home over market value will net you a stale listing.

So, when do you want me to start telling you the truth Mr. Seller?

As you can see, this is not a new topic for me. I would rather hammer my toes with a sledge hammer, than loose money for a seller that is chasing the market down.

I can show you any home for sale in Big Bear.

Search the Big Bear MLS (Multiple Listing Service)

Search the Southern California MLS  (Multiple Listing Service)

Steve Hirschler

Associate, The Tim Wood Group

Coldwell Banker Mountain Gallery

42153 Big Bear Blvd.

P.O. BOX 6820

Big Bear Lake, CA 92315

stevehirschler@gmail.com

909 866-3481 EXT. 217 CELL 909 725-5889

Fax 909 866-3531

http://www.stevesellsbigbear.com

Follow me on Twitter

Subscribe to “Ask an Expert, Big Bear Real Estate Blog”

Previously posted on Active Rain

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March 28, 2009 Posted by | Big Bear Market, Big Bear Real Estate, Big Bear Real Estate Market, Real Estate | , , , , , | Leave a comment

Sold this week in Big Bear 3/28/09

This week we have 7 closed sales to report in Big Bear.

 

 

822 W Country Club, Big Bear City 

  • Listed originally for $190,000 on 5/13/08
  • Seller Owned
  • Sold 292 days

928 Kingston, Big Bear City

  • Listed by previous owner for $450,000 in 2006
  • Bank Owned
  • Sold in 7 days

438 Boyd Trail, Big Bear Lake

  • Listed by previous owner for $330,000 8/31/07
  • Bank Owned
  • Sold in 123 days

203 Knoll, Big Bear Lake

  • Listed originally for $450,000 on 7/31/08
  • Seller Owned
  • Sold in 205 days

125 Bayside, Big Bear Lake

  • Listed originally for $899,950 on 6/07/07
  • Seller Owned
  • Sold in 606 days

42584 Cougar, Moonridge

  • Listed originally for $154,900 on 9/18/08
  • Bank Owned
  • Sold in 140 days

1693 Columbine, Moonridge

  • Listed originally for $515,000 on 10/31/07
  • Short Sale
  • Sold in 391 Days

I can show you any home for sale in Big Bear.

Search the Big Bear MLS (Multiple Listing Service)

Search the Southern California MLS  (Multiple Listing Service)

Steve Hirschler

Associate, The Tim Wood Group

Coldwell Banker Mountain Gallery

42153 Big Bear Blvd.

P.O. BOX 6820

Big Bear Lake, CA 92315

stevehirschler@gmail.com

909 866-3481 EXT. 217 CELL 909 725-5889

Fax 909 866-3531

http://www.stevesellsbigbear.com

Follow me on Twitter

Subscribe to “Ask an Expert, Big Bear Real Estate Blog”

March 28, 2009 Posted by | Big Bear Market, Big Bear Real Estate, Big Bear Real Estate Market, Real Estate, Sold in Big Bear | , , , , , , | Leave a comment

Big Bear Homes Sold YTD 2008 vs 2009

Homes sold in Big Bear YTD 2008 vs 2009

Homes sold in Big Bear YTD 2008 vs 2009

I can show you any home for sale in Big Bear.

Search the Big Bear MLS (Multiple Listing Service)

Search the Southern California MLS  (Multiple Listing Service)

Steve Hirschler

Associate, The Tim Wood Group

Coldwell Banker Mountain Gallery

42153 Big Bear Blvd.

P.O. BOX 6820

Big Bear Lake, CA 92315

stevehirschler@gmail.com

909 866-3481 EXT. 217 CELL 909 725-5889

Fax 909 866-3531

http://www.stevesellsbigbear.com

Follow me on Twitter

Subscribe to “Ask an Expert, Big Bear Real Estate Blog”

March 24, 2009 Posted by | Big Bear Market, Big Bear Real Estate, Sold in Big Bear | , , | Leave a comment

Big Bear Bank Owned Property 2009 Quick Facts

                                                                           

                                           Total Residential (excluding bank owned)                  Bank Owned

Current  Inventory (total # of units)             846                                                     52          

Pending (inescrow)                                     75                                                      51

Sold (ytd through 3/23/09)                          74                                                      68

Days on the market                                    192                                                     70

Price Differential % (list vs. purchase)         95.02%                                            89.62%

  • Bank Owned Properties make up 5.79% of the total inventory in Big Bear.
  • Bank Owned Properties are 40% of the pending sales
  • Bank Owned Properties are 47.8% of what is selling in Big Bear.
  • Bank Owned Properties sell 2.74 times faster than non bank owned properties in Big Bear.

Real Estate is Local, Big Bear is a unique market.  

I can show you any home for sale in Big Bear.

Search the Big Bear MLS (Multiple Listing Service)

Search the Southern California MLS  (Multiple Listing Service)

Steve Hirschler

Associate, The Tim Wood Group

Coldwell Banker Mountain Gallery

42153 Big Bear Blvd.

P.O. BOX 6820

Big Bear Lake, CA 92315

stevehirschler@gmail.com

909 866-3481 EXT. 217 CELL 909 725-5889

Fax 909 866-3531

http://www.stevesellsbigbear.com

Follow me on Twitter

Subscribe to “Ask an Expert, Big Bear Real Estate Blog”

March 23, 2009 Posted by | Big Bear Market, Big Bear Real Estate, Real Estate | , , , , , , , | Leave a comment

Multiple Choice Test for Sellers.

1. Is your Realtor the person that sells your home?

A- YES

B- NO

C – My Realtor can only sell my house if it is priced at a value, easy to show and is listed in the local Multiple Listing Service that attracts agents and their buyers.

 

 2. Is the marketing package that your Realtor puts together going to sell your home?

A- Yes, if the House is in the newspaper

B – Only if the house is priced correctly based on market conditions.

C – Yes, if people see a big picture of my agent in the ad.

 

3.  How much marketing will it take to sell your overpriced home?  

A- Buyers will pay more if they see the house advertised more frequently and in multiple locations.

B – The more money my agent spends the better my chances are.

C- Listing the home in the multiple listing service that the agents are using in the area, taking quality photos, cleaning the home up, making showings easy for buyers and pricing my property correctly will work every time.

 

4. What is the single most important factor in determining if your home sells?

A- The popularity of my agent, and the size of his ego.

B- The amount of open houses that are held at my home.

C- The Price.

 

5.  What can fix everything that is keeping a buyer from buying your house?

A- The handyman.

B- My neighbor

C- The price

 

6.What overcomes all obstacles and makes a buyer happy to accepted any and all negatives? 

A- The Price / final answer.

 

I can give you the right price. I can tell you what needs to be done to make your home more attractive to buyers. I will tell you the truth. 

Search the Big Bear MLS (Multiple Listing Service)

Search the Southern California MLS  (Multiple Listing Service)

Steve Hirschler

Associate, The Tim Wood Group

Coldwell Banker Mountain Gallery

42153 Big Bear Blvd.

P.O. BOX 6820

Big Bear Lake, CA 92315

stevehirschler@gmail.com

909 866-3481 EXT. 217 CELL 909 725-5889

Fax 909 866-3531

http://www.stevesellsbigbear.com

Follow me on Twitter

Subscribe to “Ask an Expert, Big Bear Real Estate Blog”

Answers:
1. C, 2. B, 3. C, 4. C, 5. C, 6. A
 
 
 
 

 

 

March 15, 2009 Posted by | Big Bear Market, Big Bear Real Estate, Big Bear Real Estate Market, Homes for Sale in Big Bear, Living in Big Bear, Real Estate, Selling your home, Sold in Big Bear | , , , , , | Leave a comment

New Listing, 426 E Meadow, Big Bear City,CA

[clearspring_widget title=”Listing Widget” wid=”47cf66be8b2d53cb” pid=”49bd41bf5de45b6c” width=”450″ height=”490″ domain=”widgets.clearspring.com”]

I can show you any home for sale in Big Bear.

Search the Big Bear MLS (Multiple Listing Service)

Search the Southern California MLS  (Multiple Listing Service)

Steve Hirschler

Associate, The Tim Wood Group

Coldwell Banker Mountain Gallery

42153 Big Bear Blvd.

P.O. BOX 6820

Big Bear Lake, CA 92315

stevehirschler@gmail.com

909 866-3481 EXT. 217 CELL 909 725-5889

Fax 909 866-3531

http://www.stevesellsbigbear.com

Follow me on Twitter

Subscribe to “Ask an Expert, Big Bear Real Estate Blog”

 

 

March 15, 2009 Posted by | Big Bear Real Estate | Leave a comment

The Crisis of Credit Visualized

March 13, 2009 Posted by | Big Bear Real Estate | Leave a comment

How are the Schools in Big Bear?

This is a question I hear often from clients that are interested in moving their family to the Big Bear area. Since I am not an educator, but I am a father of four daughters, I will tell you about my own personal experiences. The Bear Valley Unified School District has these schools in the district:

SCHOOLS IN OUR DISTRICT:

 

Baldwin Lane Elementary School
(Grades K-6 )
44500 Baldwin Lane / PO Box 1868
Big Bear Lake, CA 92315
TEL: (909) 585-7766

Big Bear Elementary School
(Grades K-6)
40940 Pennsylvania Avenue / PO Box 1627
Big Bear Lake, CA 92315
TEL: (909) 866-4638

 

 

Big Bear High School
(Grades 9-12 )
351 Maple Lane / PO Box 1708
Big Bear Lake, CA 92315
TEL: (909) 585-6892

Big Bear Middle School
(Grades 7-8 )
41275 Big Bear Blvd. / PO Box 1607
Big Bear Lake, CA 92315
TEL: (909) 866-4634

Chautauqua High School (Continuation)
(Grades 9-12)
525 Maple Lane / PO Box 1815
Sugarloaf, CA / Big Bear Lake, CA 92315
TEL: (909) 585-2521

Fallsvale Elementary School
(Grades 1-6)
40600 Valley of the Falls Dr./ PO Box 1815
Forest Falls, CA 92339
TEL: (909) 794-8630

North Shore Elementary School
(Grades K-6)
765 N. Stanfield Cutoff / PO Box 1887
Big Bear Lake, CA 92315
TEL: (909) 866-7501

Information on School Performance can be found on this link.

Bear Valley Unified School District Strategic Plan

Measure Q Bond ( $25,000,000) passed in November 2002 for school infrastructure improvements.

I can tell you that the teachers in Big Bear’s schools provide a level of personal attention that you would expect in a private school atmosphere. My 4 daughters have all gone through the Bear Valley School system, and my wife and I are happy with the results.

  • My oldest daughter (Christine) will graduate from CSULB later this year with her BSN (Bachelor of Science in Nursing). She was a Valedictorian of the Big Bear High School Class of 2005 and received a Presidential Scholarship to CSULB (full Ride).
  • My second daughter (Stephanie) graduated from Big Bear High School in 2007 and is currently attending OCC and plans to transfer to CSULB next year to major in Business. She works full time while attending school and is self sufficient and very responsible.
  • My third daughter (Michelle) will graduate this year and has been accepted to UCSD. She is an exceptional student and was accepted into the UC system before applying. She plans to be an Orthodontist. She has played Golf, Volleyball, and Soccer for the High School. 
  • My fourth daughter (Jennifer) is a sophomore and ranked at the top of her class. She plays volleyball, soccer and softball for the high school in addition to carrying a high GPA.

While I give most of the credit to the hard work of my children and wife, the schools did a great job of providing the education they received. 

One of the big advantages of Big Bear School system is their sports programs. My children, while not exceptional at any one sport, were able to participate in many different sports. While the sports teams from Big Bear are very competitive, the competition to make the team at smaller schools is less than a school with twice the enrollment.

The schools in Big Bear are unique because of the caring teachers, community members, and parents that live in the community. Young people in Big Bear are held accountable for their actions by their peers and community members. The standards are unusually high.

Most of the teachers that I have interacted with in Big Bear treat the students as if they were their own children. I have on many occasions called teacher’s, coaches or school administrators for advise and had them take my call in the evenings. They are more than willing to listen and give any assistance they can. I have watched coaches that care not only about the sport, but the character of the players that they coach.

It’s great to live and work in a community that supports youth programs and we have a number of community service groups that focus on our youth.

In closing, I would not hesitate to recommend Big Bear Schools. I think the schools and atmosphere in Big Bear are some of the things that have influenced my family positively.

Big Bear is truly a child honoring community.

 

March 8, 2009 Posted by | Big Bear Real Estate, Living in Big Bear | , | Leave a comment

Home Buyers in Big Bear California can enjoy up to $18,000 in tax credits.

Home buyers in California can enjoy up to $18,000 in tax credits – MarketWatch.

This is great news for buyers and builders in the Big Bear area and the state of California.  This tax credit is available for full time principal residences. Currently in Big Bear we have 75 homes that are new or under construction in the Big Bear area that may qualify for this credit.

More information on this tax credit

Steve Hirschler

Associate, The Tim Wood Group

Coldwell Banker Mountain Gallery

42153 Big Bear Blvd.

P.O. BOX 6820

Big Bear Lake, CA 92315

stevehirschler@gmail.com

909 866-3481 EXT. 217 CELL 909 725-5889

Fax 909 866-3531

http://www.stevesellsbigbear.com

Follow me on Twitter

Subscribe to “Ask an Expert, Big Bear Real Estate Blog”

March 7, 2009 Posted by | Big Bear Market, Big Bear Real Estate, Big Bear Real Estate Market | , | Leave a comment

Big Bear Moonridge Minute(s) February 2009


If you would like to discuss the Big Bear Real Estate Market, please give me a call.

Steve Hirschler

Associate, The Tim Wood Group

Coldwell Banker Mountain Gallery

42153 Big Bear Blvd.

P.O. BOX 6820

Big Bear Lake, CA 92315

stevehirschler@gmail.com

909 866-3481 EXT. 217 CELL 909 725-5889

Fax 909 866-3531

http://www.stevesellsbigbear.com

Follow me on Twitter

Subscribe to “Ask an Expert, Big Bear Real Estate Blog”

 

 

 

March 6, 2009 Posted by | Big Bear Real Estate | Leave a comment