I am a Full-time REALTOR serving and specializing in the Marin County and San Francisco areas. My associated brokerage is Alain Pinel Realtors which focuses on the Northern California Luxury Housing market. My main goal as an agent is to serve my client with the highest level of integrity and service. I am always dedicated to the successful and effective close of your transaction. I aim to provide the highest level of support to my clients through the various strategies, tactics, and tools available to me as well as through my continued education in staying up to date on relevant market trends, solutions, and opportunities that may benefit my clients.
Full-time, Professional Agent:
My commitment to excellence is seen in every job I undertake. Realty is no different. I provide my clients with the highest level of service as well as the information required for them to make informed decisions about one of the biggest transactions of their lives.
My Commitments to Buyers:
Market Reports, Detailed Property CMAs, Dedicated Search to Find the Perfect Home and, or Investment Opportunity.
My Commitments to Sellers:
Detailed Guidance throughout the Sale Process, Extensive Marketing Strategy and Market Reports, Upfront Net Sheet, Commitment to the Sale
My Personal Philosophy:
Hard work and Dedication to the Client’s Satisfaction is the Cause of Success
So with that being said, if you want great service and someone to exceed your expectations, give me a call today!
Stunning, two-story duplex with high ceiling and period detials in the innter mission: 1167 - 1169 York St, San Francisco, CA 94110 | $1,799,000
2,766 Total Sq. Ft.
2 2 Bed / 1 Bath Units
Backyard and Fireplaces
Excellent Investment Opportunity
Guide to Buying and Selling Property
Due to the overall complexity involved in real estate transactions, the process can be overwhelming for new home buyers and sellers. Therefore, I have written a general guide to the home-buying process which I think should be of use to those new to this sort of transaction. A guide for listing your home is then shown below this.
Sequence of Actions for Buyer
1) Meeting with your Agent
This is, of course, the first step to beginning your home search. It is important to meet with the agent first to determine exactly what it is that you want in your new home. At this point of the transaction, you can think of an agent as someone that will work full-time searching for properties that meet your criteria, scheduling private showings, previewing properties beforehand, and doing in-depth research on every property that interests you. As your agent, I will also facilitate the process of obtaining Disclosure Packets and other crucial information from Listing Agents to help you make informed decisions.
Tip: A Disclosure Packet is a packet of documents disclosing various reports and potential problems with a property. This packet includes documents like Pest Reports and Home Inspections to name a couple.
Tip: Dual Agency is when an agent represents both the seller and the buyer of a single property. This can potentially cause conflicts of interest in some circumstances.
At this stage, it is also important to determine how much you can afford and what sort of financing will be used: Will you try for a mortgage or will you be paying all cash? Once we know how much you can offer when writing a purchase agreement, this will help us filter out homes which do not fall within your price range. Determining these things will also help during the offer writing stage as sellers will be more likely to accept offers from buyers that can prove they have sufficient funds.
Tip: Sellers love all cash offers and short escrows!
2) The Search for the Perfect Home
Now that you have spoken to your mortgage lender and determined what your price range and financing will be, you should begin the actual search for homes. While, at first, this might seem simple, it is actually a very time-consuming process, and when potentially dealing with the largest transaction and the most expensive purchase of your life, it is extremely important to get in contact with a Realtor like myself that can both help you optimize the process and navigate the labyrinth of contracts, home-searching, negotiations, and financing issues.
3) Writing and Submitting an Offer
Once you have found the perfect home, you can begin drafting an offer. However, before that can happen usually several documents need to be obtained and signed, including the Disclosure Regarding RE Relationships, Buyer Representation Inquiry, Market Conditions Advisory, etc… In fact, there are about fifteen different documents that should be read, understood, and signed prior to writing an offer. This, of course, is normally facilitated by a licensed Real Estate Professional for obvious reasons. The offer documents themsevles, likewise, are not self-explanatory. It is highly recommended that prior to drafting an offer you have your agent go over in detail the Residential Purchase Agreement. Once this document is signed, it must be submitted along with the signed disclosure packet to the seller.
4) Acceptance of Offer and subsequent Escrow
Excellent news! Your offer has been accepted by the seller. Now what? Well, now you should read, grasp and sign upwards of thirty different documents during the time from acceptance of your offer to close of escrow. Again, an agent is essential at this point because not only do you need to sign a myriad of documents, but you also need to schedule all your inspections and perhaps deal with the host of other issues which may arise during the actual transfer of money.
This is often the most stressful part of the transaction because of all the unknowns that may occur. For example, your financing may fall through or you may discover something about the property that was not revealed in the disclosures. This is primarily why sellers are more likely to accept all cash, short escrow, all-contingencies-removed offers over mortgage based and longer term escrow offers, even if the latter offer is greater. Furthermore, a good agent is going to enable you to circumvent those pitfalls and enjoy a smooth, efficient, and productive transaction.
At the end of escrow, you will be asked to sign the title documents to the property. This will involve an Escrow Officer and a Notary. Once this is done and recorded, you will now be the official owner of the property and receive the keys, however, don’t forget to change the locks as the previous owners or tenants may still have spares.
Sequence of Actions for Seller
The actions taken by a seller are basically like those of a buyer except for three things. Instead of obtaining financing (Except in cases of a bridge loan) the seller must stage their property. Secondly, instead of searching for the right property, the seller must advertise and, in a way, search for buyers. Lastly, the actions of sellers differ from those of buyers in that they do not pay for property, but for services rendered by the various parties enabling and facilitating the sale.
1) Meeting with your Agent
The first meeting with your agent is the most important one. Now, your agent will explain to you in detail the home selling process and what you can expect to earn from the sale of your property. Most agents will try to sell you. They will show you numbers that you like, but aren’t necessarily reality. A good agent, on the other hand, will show you the truth which is that there are many fees associated with selling a home and that the final sale price is not the same as your net earnings. A good agent will show you this latter figure and explain to you how it is that he arrived at the number. I personally believe that this is the most important step in the agent – client relationship, as it sets precedent on what should be expected in terms of proceeds and costs related to the sale. As with almost everything in life, honesty is key, as well as setting up a specific plan of action for the sale and, ultimately, getting the best value for your property.
2) Determining the Listing Price and Your Possible Net Earnings
A listing price is the initial value allotted to the property and advertised on websites like Zillow, Trulia, and the MLS (Agents use this to find property for their buyers.) to name a few. The listing price is not the sale price, however. It is the original price, which may either increase or decrease depending on demand, market conditions, and negotiations. If the listing price is too low, then you will not make what you could have and if too high, fewer people will write offers and your days-on-market will increase. It is therefore pertinent to find a reasonable middle ground and adjust this value as reason demands.
3) Staging Your home
Staging a home is a process that can take anywhere from one week to several months depending upon the state of the property and your own determinations. As an agent, I will give you recommendations and advice but, in the end, you are the boss and these decisions are ultimately yours alone to make. Some sellers choose to list their property as-is, whereas others want to spruce up their homes prior to sale to attract more buyers. Your agent will help you with part of the transaction by giving you referrals to the various staging companies and other service companies required to bring your property the greatest sale price. A fully functional and better-looking home will generally fetch a higher sale price than an unattended one that is in disrepair, as the costs and time associated with making the property attractive and livable will deter many potential buyers.
4) Listing the Property, Advertising, and Open Houses
Finally, the property is ready for the market. Once staging is complete, and the listing price determined, it is time to list the property on the MLS and all the other marketing platforms available like, for example, Trulia and Zillow to name a couple. Your agent will also advertise your newly listed property to other agents at Real Estate Networking Events and through various physical mediums such as post cards and flyers.
5) Receiving and Accepting Offers
Now that your property has been listed and is in Active status you will begin receiving offers from potential buyers. This is the second most exciting stage because it lets you see what people are willing to pay for your home. It also lets you know how much competition is out there and therefore if you should adjust the listing price. As a rule, the more offers you get, the more money you will make once the sale is completed, so it is important that your listing price be one that will generate as many offers as possible. In a way, demand determines sale value in a seller’s market as opposed to original listing price, which is why staging is so important.
6) Escrow and Closing
Once you have received an acceptable offer on a property in the form of a Residential Purchase Agreement, you will sign this document and escrow will begin through a title company chosen beforehand, usually by you. Now, if the financing of the buyer doesn’t fall through, all that is left is for the buyer to sign the title to the property and acquire the key(s).
What sort of costs should you expect?
On the sale of a $2,000,000 property, you can expect to spend over 6.00% of the total proceeds to bring the house to market. For a $2,000,000 sale value, expect to pay $100,000 in commissions (5.00%) and over $15,000 in staging if it is not already furnished properly. Likewise, according to the level of disrepair, expect to pay at least $5,000 for general repairs. In addition, costs of the various reports and fees associated with escrow could total $9,000 or more. All of these expenditures are normal for a sale of property, not including income tax, which I highly recommend speaking to a tax professional about prior to listing your property.