Silicon Valley Real Estate

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Why I am Thankful I Live and Work In Palo Alto

I have been a Palo Alto resident and Palo Alto real estate agent for almost 2 decades and I can honestly say I love living in Palo Alto. There are many reasons, but here are a few of my favorite.

1.The weather is perfect! Summers are not too hot, winters are not too cold, and the fall lasts for months.

2. The schools are wonderful. Elementary schools are all within walking distance of every home in Palo Alto and there are several city wide schools of choice. Ohlone is a project based learning environment, Hoover emphasizes teacher directed programs and high academic standards, there is Spanish immersion, and Mandarin immersion. Middle schools also have project based Connections program, as well as more traditional high academic programs. High Schools are nationally ranked and have amazing theater, journalism, and robotics programs.

3. Great parks including Mitchell Park with tennis, a fenced in dog park, and plenty of bar-b-que areas in the south, or Rinconada park in the north also with tennis courts but a public swimming pool as well.

4. Fantastic restaurants! People living in Palo Alto, or just visiting can enjoy food from all over the world and at any price. Some of my favorites include Indian street food from Curry Up, organic Thai food at Siam Orchid, both downtown, Palo Alto Sol, the best Mexican food ever on California Ave, or Rice, in south Palo Alto.

5. Living in Palo Alto does not mean living in a boring suburb. There is plenty of entertainment including the highly regarded Theatre Works bring both new works, and well known plays to the town, The Aquarius and Palo Alto Square Movie Theatres, an ice skating rink, of course The Palo Alto Children's Theatre which has fostered a love of theatre in children for innumerable decades.

6. Living in Palo Alto means having great shopping only minutes away. The Stanford shopping Center, Town and County Shopping Center, University Ave, California Ave, Midtown, and Piazza's Shopping Center, Philzz Coffee, Pete's Coffee, Starbucks, Whole Foods, Trader Joe's, Safeway, Piazza's, CVS, Walgreen's, Per Food Express, and even Goodwill are all here and ready to serve you.

With so many things to do and place to go to, it is no wonder that living in Palo Alto is the aspiration of so many people in the bay area.

If you want to find a home in Palo Alto just click here

Marcy Moyer

Keller Williams Realty Palo Alto

Cal BRE 01191194

650-619-9285

Tuesday, November 26, 2013

How To Clean Out a Redwood City Home Before a Probate Sale

There is nothing I enjoy more than helping a family sell a Redwood City home in Probate. I know, it doesn’t take much to make me happy, but I am who I am. Over the years I have developed a system to sell Redwood City homes in probate and it works really well!

1. Look at a home and see if there are valuables that are worth selling in the Redwood City Probate home. Many homes are left with enormous amounts of personal property, sometimes with value and sometimes not. For example crappy cars have value, but beautiful over stuffed furniture does not.

2. If there is something of value to sell in the Redwood City Probate home I usually recommend calling an auction house to come and take over the job of selling the personal property they believe will sell. I like DGW, but there are others. They sell the property at auction, deduct their percentage and fees, and send a check to the heirs.
San Jose Probate Sale

3. The next step is to separate the recyclable items and find places to recycle. There are people who take metal, The Ecunemical Hunger Project will take clothes, and the County of Santa Clara will come to take the paint.
4. Next are items that can be donated. Organizations like Goodwill and Saint Vincent De Paul will take some furniture.
5. After everything that can be sold, donated, or recycled is gone then call the haulers. I like Junk King. Since it costs money to haul away trash I only do it after all other ways of disposing of unwanted property have been exhausted.
6. Once the Redwood City Probate home is free of personal property and debris, the process of making it look as good as possible for sale can begin.

So, if you have a Probate home in Redwood City and it is filled with stuff, it may seem overwhelming. Many people who lived through the depression maintained the habit of never throwing anything out. If you are the personal representative for the estate of a home in Probate in Redwood City you may feel overwhelmed. But if you use a system (or hire me and let me organize the sale of your Redwood City home in Probate ), it becomes a much less daunting task.

If you have any questions about Selling a Redwood City home in Probate please feel free to contact me.

Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
650-619-9285
D.R.E. 01191194

Monday, November 25, 2013

Are San Mateo County Short Sales Still a Bargain in 2013?

The short answer to the question are San Mateo County short sale single family homes still a bargain in 2013 is NO.

This is a chart of all the single family San Mateo County short sales sold in in 2013. Of the 73 single family short sales the average sales price vs list price was over asking every month this year. This is very similar to the sales of traditional resale homes in San Mateo County.

There were 89 condos/town homes that were San Mateo County short sales and sold in 2013. The average sale price was over list price in every month in 2013.

This is very similar to traditional resale condos in San Mateo County.

So what happened to the great deals you can get with San Mateo County short sales? I am sorry but those days are gone. The inventory of homes for sale in San Mateo County is so low and the demand so high that almost every listing gets multiple offers, whether it is a traditional resale, San Mateo county short sale, or San Mateo County foreclosure. Most of the people who could not afford their mortgages lost their homes years ago. Also, since there has been so much appreciation this year the number of people who owe more on their mortgages than the home is worth is very low. If they can not afford to keep the home is is very easy to sell it and pocket some cash. Many homes sales even start out as San Mateo County Short Sales but by the time they get offers over asking they are no longer short.

So if you are looking for a bargain in a single family home or condo it is not likely you will find it in a San Mateo County Short Sale.

If you have any questions about buying or selling a home in San Mateo County please feel free to contact me.

Marcy Moyer

http://www.marcymoyer.com

Cal BRE 01191194

650-619-9285

Are Santa Clara County Foreclosures Still a Bargain in 2013

The short answer to the question are bank owned homes still a bargain in Santa Clara County in 2013 is NO.

This is a chart of all the single family foreclosures sold in Santa Clara County in 2013. Of the 211 single family bank owned homes the average sales price vs list price was over asking every month this year except for the average of the homes that closed in October. These figures are very similar to the traditional resale of homes in Santa Clara County in 2013.

Santa Clara County condos/town homes that are bank owned and sold in 2013 also sold over list price. The average sale price was over list price in every month in 2013 except Aug where the average was 98% of list price.

This is very similar to what happened with traditonal resales of condos in Santa Clara County.

So what happened to the great deals you can get with foreclosures? I am sorry but those days are gone. The inventory of homes for sale in Santa Clara County is so low and the demand so high that almost every listing gets multiple offers, whether it is a traditional resale, short sale, or Santa Clara County foreclosure. Added to that is the fact that there are very few foreclosures that make it to the market anyway. Most of the people who could not afford their mortgages lost their homes years ago. Also, since there has been so much appreciation this year the number of people who owe more on their mortgages than the home is worth is very low. If they can not afford to keep the home is is very easy to sell it and pocket some cash.

So if you are looking for a bargain in a single family home or condo it is not likely you will find it in a Santa Clara County Foreclosure.

If you have any questions about buying or selling a home in Santa Clara County please feel free to contact me.

Marcy Moyer

http://www.marcymoyer.com

Cal BRE 01191194

650-619-9285

Are San Mateo County Bank Owned Homes Still a Bargain in 2013?

The short answer to the question are bank owned homes still a bargain in San Mateo County in 2013 is NO.

This is a chart of all the single family foreclosures sold in San Mateo County in 2013. Of the 113 single family bank owned homes the average sales price vs list price was over asking every month this year except for the 1 home that has closed in November. This was a Fannie Mae Homepath home and they are notorious for overpricing their REO homes and only very gradually lowering the price .

San Mateo has had 38 condos/town homes that are bank owned and sold in 2013. The average sale price was over list price in 8 out of 11 months, all but May, June, and Sept. In May and June there were 4 condos that sold for less than list price, all Fannie Mae listings. In September there was one condo that sold under list price, again a Fannie Mae listing which was over priced to begin with.

So what happened to the great deals you can get with foreclosures? I am sorry but those days are gone. The inventory of homes for sale in San Mateo County is so low and the demand so high that almost every listing gets multiple offers, whether it is a traditional resale, short sale, or San Mateo County foreclosure. Added to that is the fact that there are very few foreclosures that make it to the market anyway. Most of the people who could not afford their mortgages lost their homes years ago. Also, since there has been so much appreciation this year the number of people who owe more on their mortgages than the home is worth is very low. If they can not afford to keep the home is is very easy to sell it and pocket some cash.

So if you are looking for a bargain in a single family home or condo it is not likely you will find it in a San Mateo County Foreclosure.

If you have any questions about buying or selling a home in San Mateo County please feel free to contact me.

Marcy Moyer

http://www.marcymoyer.com

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

Cal BRE 01191194

650-619-9285

Monday, October 28, 2013

Santa Clara Ca Real Estate Market Update 10/27/2013

As a Santa Clara Real Estate Agent I am always being asked, "How's the market in Santa Clara?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 43 single family Santa Clara homes for sale, up from 40 last week.

There are currently 44 Santa Clara town homes/condos for sale, up from 41 last week.

There are currently 56 pending sales of Santa Clara single family homes, down from 66 last week.

There are currently 42 pending sales of Santa Clara town homes/Condos, up from 41 last week.

In Sept of 2013 there were 46 single family Santa Clara homes sold, 5 less than in Aug, ranging in price from $505,000 to $1,183,000. These prices are a little lower than in Aug., on the highest price home, but that is because there were no new homes sold.

In Sept of 2013 there were 34 Santa Clara Town Homes/Condos sold, 5 less than in Aug. They ranged in price from $297,000 to $835,000. This is about the same as in June and July and Aug.. Has the appreciation started to slow down? I think so.

There are a more homes for sale again this week which is good news. Hopefully as more homeowners come out from being underwater (owing more on their home than it is worth) more sellers will be able and willing to sell. However, there was not an increase in condos for sale and this is important as there are so many young people trying to buy their first homes and so few condos for them to buy.

If you would like to search for homes for sale please feel free to visit my website for a custom search.

If you have any questions about buying or selling a home in Santa Clara please feel free to contact me.

Marcy Moyer

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-9285

- See more at: http://activerain.com/blogsview/4226351/santa-clara-ca-real-estate-market-update-10-20-2013#sthash.89al80KN.dpuf

Mountain View Ca Real Estate Market Update 10/27/2013

There are currently 15 single family Mountain View homes for sale, down from 16 last week.

There are currently 20 Mountain View town homes/condos for sale, down from 23 last week.

There are currently 36 pending sales of Mountain View single family homes, up from 32 last week.

There are currently 26 pending sales of Mountain View Town homes/Condos, down from 34 last week.

In Sept 2013 there were 22 single family Mountain View homes sold ranging in price from $635,000 to $2,318,000. This does not include sales in the new development in Waverley Park. The lowest price sale is down over 100K from July, but in an industrial neighborhood. The lowest price single family home in a residential neighborhood was $704,000. Down $146,000 from the lowest price in August.

In September, 2013 there were 28 Mountain View Town Homes/Condos sold ranging in price from $405,000 to $1,165,000. I thought prices were starting to level off in Mountain View, but it does not appear to be the case $405,000 for a one bedroom condo is not a sign that the market is leveling off.

I would like to see at least 40 single family homes for sale and at least 60 condos for sale at any given week, but that is not happening. One problem with so few single family homes for sale is that there are not as many single family homes in Mountain View as there are condos. With few homes and more buyers it is a difficult market for buyers. August is always a slow month for listings so I didn't expect to see another jump until Sept which so far has been more like a skip than a jump. The structural problem of not enough single family homes is not going to be solved any time soon. In some communities such as Palo Alto and Menlo Park there are many empty nestors who would be selling, but do not because their grown children come back to live with them; this is not the case for a Mountain View condo. Many condo owners who would have sold to move up were not able to when prices were below their original purchase price. Appreciation has wiped out that problem so hopefully we see more condo sellers soon. In the mean time we are in the doldrums as far as inventory and pending sales go.

If you would like to search for homes for sale please feel free to visit my website for a custom search.

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

Marcy Moyer

www.marcymoyer.com

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

650-619-9285

- See more at: http://activerain.com/blogsview/4226362/mountain-view-ca-real-estate-market-update-10-20-2013#sthash.eiXO8wC7.dpuf

Palo Alto Ca Real Estate Market Update 10/27/2013

As a Palo Alto Real Estate Agent I am always being asked, "How's the market in Palo Alto?" The answer is simple:

Not enough inventory, plenty of buyers

There are currently 25 single family Palo Alto homes for sale, down from 29 last week.

There are currently 2 Palo Alto town homes/condos for sale, down from 3 last week.

There are currently 33 pending sales of Palo Alto single family homes, down from 48 last week.

There are currently 7 pending sales of Palo Alto Town homes/Condos, down from 8 last week.

In Sept of 2013 there were 29 single family Palo Alto homes sold, 15 less than in Aug. The big drop in solds is a reflection of the decrease in inventory that always happens in August. The prices ranged from $595,000 to $4,325,000. This is the first sale under a million dollars since last spring. The $595,000 sale was a weird anomoly of a tear down house on a small lot on Alma. The next lowest price house was $1,070,00.

In Sept of 2013 there were 7 Palo Alto Town Homes/Condos sold, the same as August. The prices ranged from $900,000 to $1,650,000. This is a very a high starting price point for condos in Palo Alto, but none of the condos in the traditionally lower priced complexes were for sale.

Unfortunately inventory seems to be staying low this month which is more than a little depressing. If you would like to search for homes for sale please feel free to visit my website for a custom search.

If you have any questions about buying or selling a home in Palo Alto please feel free to contact me.

Marcy Moyer

Keller Williams Realty Palo Alto

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-9285

- See more at: http://activerain.com/blogsview/4226342/palo-alto-ca-real-estate-market-update-10-20-2013#sthash.QbD0AOvN.dpuf

Tuesday, October 22, 2013

Add Some Chocolate To That Palo Alto Barron Park Home You Are Selling

Selling a Home in Barron Park I am often asked, "What can I do to make my Selling a home in Barron Park really stand out when I am selling it. My answer is "Easy, add chocolate." Now I am not talking the delicious kind from Her Coconess that you can get at the Palo Alto Farmer's market, although I would recommend serving that at your open houses.

I am talking about chocolate bark for the lawn. It is a common joke around Palo Alto that you can tell when a Selling a home in Barron Park when the redwood chip bark goes on the front lawn. Well, my suggestion is forget the redwood bark and use chocolate bark. It is gorgeous and really does make a house pop!

The first impression a buyer gets when driving up to a Selling a home in Barron Park is crucial. You want to take their breath away, even if you only have a 1000 square foot ranch house built in 1952 with last updates done in the 70's. The outside should make someone say, "I want to live here."

Chocolate bark is rich and if someone is going to pay $1,800,000 for your home you need to look rich. Yes it true that most Selling a home in Barron Park will get multiple offers and the market will dictate what your Selling a home in Barron Park, but you don't want to turn off any potential group of buyers.

The builders may tear your home down, some individual may tear your home down, or someone may want to live in your home the way it is, or with only a few updates. In all three of those cases someone may live in the house for a year or more even if it is going to be torn down. The builder may rent it out during the year it takes to get permits and approvals. The owner builder may live there while waiting for permits and approvals. And finally it may be the home some real people buy to live in. All of those occupants deserve the emotional appeal that chocolate bark gives.

So when you are selling your home in Barron Park, be generous with the chocolate and it will pay big dividends.

If you have any questions about selling a home in Barron Park please feel free to contact me.

Marcy Moyer

Cal BRE 01191194

Monday, October 21, 2013

Sunnyvale Community Players

Sunnyvale Community Players are a nonprofit theatre company. They produce 4-5 shows every season that have specific cast requirements. The have productions for casts of Junior (8- 18 years old), Young Adult (13-26 years old), and Adult ( 18 years old and older).

I saw their first show of the season, Pippin. The cast was obviously having a lot of fun and really putting their energy into the show. This made the audience glued in, which was great because there was a few numbers that asked for audience participation. The production used the alternate ending, which Stephen Shwartz, the lyricist and composer, prefers. It made the production very powerful. This was the first time I saw a Sunnyvale Community Players production and it made me look forward to attending another one.

Zombie Prom will be performed November 1- November 24, 2013. Think Grease, but with zombies! It isn’t scary at all and tries to keep that fun, retro energy throughout the whole show. Tickets are $24 for Adults, $21 for students and seniors, and $11 for children 5 years old and younger. Thursday productions are $21. There is a $3 service fee for each ticket. If you buy tickets before October 27, use the code FERMI to get 25% off.

A Little Princess is a Junior production that runs from February 21- March 16, 2014. Auditions are December 2 & 3, 2013. More information is available in this audition packet, http://sunnyvaleplayers.org/docs/Auditions/A%20Little%20Princess%20Audition%20Packet.pdf .

Little Shop of Horrors will run from April 4- April 27, 2014. Auditions are December 16 & 17, 2013. More information is available in this audition packet, http://www.sunnyvaleplayers.org/docs/Auditions/Little%20Shop%20Audition%20Packet.pdf .

Sunnyvale Community Center hosts the Sunnyvale Community Players at 550 Remington Drive, Sunnyvale. It is a cozy theatre that could have no “bad seats.” If you have never been there before I would recommend going early to find which building to park next to because it is a sprawling recreational complex. I hope you are able to attend Sunnyvale Community Player’s productions in the future!

If you want to look for homes for sale near Sunnyvale Community Theatre click Sunnyvale homes for sale

If you have any questions about living in Sunnyvale please feel free to contact me.

Marcy Moyer

Keller Williams Realty

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

Cal BRE 01191194

650-619-9285

Menlo Park Ca Real estate Market Update 10/20/2013

As a Menlo Park Real Estate Agent I am always being asked, "How's the market in Menlo Park?" The answer is simple:

Not enough inventory, plenty of buyers.
There are currently 30 single family Menlo Park homes for sale down from 37 last week.
There are currently 12 Menlo Park town homes/condos for sale up from 9 last week.
There are currently 25 pending sales of Menlo Park single family homes down from 28 last week.
There are currently 5 pending sales of Menlo Park homes/Condos down from 8 last week.
In September of 2013 there were 16 single family Menlo Park homes sold, a big decrease from Aug closings, but listing in August are always down so that translates in a decrease in closing in August. The prices ranged from $537,000 to $4,500,000 a little higher than in August. If you look at just the Menlo Park homes with Menlo Park schools the lowest price in Aug. was $1,300,000 up over $400,000 from the lowest price home with Menlo Park schools in August. In September of 2013 there were 5 Menlo Park Town Homes/Condos sold. The prices ranged from $540,000 to $1.070.000.
The inventory of single family homes for sale in Menlo Park is still at historically low levels but a little higher than last week. The pending sales however do not exceed active listings so that gives us some hope that the insanity may be dampening. In fact there are few pending sales than last week. Now that the current crisis in Washington is over the stock market will probably rebound and with it the home sales. If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Menlo Park please feel free to contact me.

Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
D.R.E. 01191194
650-619-9285
- See more at: http://activerain.com/blogs/marcymoyer?page=2#sthash.6znOKYEx.dpuf

Mountain View Ca Real Estate Market Update 10/20/2013

There are currently 16 single family Mountain View homes for sale, up from 13 last week.

There are currently 23 Mountain View town homes/condos for sale, up from 19 last week.

There are currently 32 pending sales of Mountain View single family homes, up from 31 last week.

There are currently 34 pending sales of Mountain View Town homes/Condos, the same as last week.

If you would like to search for homes for sale please feel free to visit my website for a custom search.

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

Marcy Moyer

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

www.marcymoyer.com

marcy@marcymoyer.com

- See more at: http://activerain.com/blogsview/4219989/mountain-view-ca-real-estate-market-update-10-13-13#sthash.JCvoPXFM.dpuf

Santa Clara Ca REal Estate Market Update 10/20/2013

As a Santa Clara Real Estate Agent I am always being asked, "How's the market in Santa Clara?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 40 single family Santa Clara homes for sale, up from 36 last week.

There are currently 41 Santa Clara town homes/condos for sale, up from 38 last week.

There are currently 66 pending sales of Santa Clara single family homes, up from 64 last week.

There are currently 41 pending sales of Santa Clara town homes/Condos, down from 45 last week.

There are a more homes for sale this week which is good news. Hopefully as more homeowners come out from being underwater (owing more on their home than it is worth) more sellers will be able and willing to sell. However, there was not an increase in condos for sale and this is important as there are so many young people trying to buy their first homes and so few condos for them to buy.

If you would like to search for homes for sale please feel free to visit my website for a custom search.

If you have any questions about buying or selling a home in Santa Clara please feel free to contact me.

Marcy Moyer

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-9285

- See more at: http://activerain.com/blogsview/4220252/santa-clara-ca-market-update-10-14-2013#sthash.6cT7mVyu.dpuf

Palo Alto CA Real Estate Market Update 10/20/2013

As a Palo Alto Real Estate Agent I am always being asked, "How's the market in Palo Alto?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 29 single family Palo Alto homes for sale, down from 37 last week.

There are currently 3 Palo Alto town homes/condos for sale, down from 5 last week.

There are currently 39 pending sales of Palo Alto single family homes, down from 48 last week.

There are currently 8 pending sales of Palo Alto Town homes/Condos, down from 10 last week.

In August of 2013 there were 7 Palo Alto Town Homes/Condos sold, the same as August. The prices ranged from $900,000 to $1,650,000. This is a very a high starting price point for condos in Palo Alto, but none of the condos in the traditionally lower priced complexes were for sale.

Anything between 40 and 60 is typical seller's market for Palo Alto and over 90 is a buyer's market. As you can see, the chances of a buyer's market in the near future look slim, but if we could just have enough inventory that all the serious buyers could eventually win a bid I would be happy and seller's would still reap their appreciation. I think the turmoil and uncertaincainty from the government shut down and brink of default along with the stock market dip had a dampening effect on both sellers and buyers. Now that it is over hopefully things will get back to normal. If you would like to search for homes for sale please feel free to visit my website for a custom search.

If you have any questions about buying or selling a home in Palo Alto please feel free to contact me.

Marcy Moyer

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-9285

- See more at: http://activerain.com/blogsview/4220262/palo-alto-ca-real-estate-market-update-10-14-2013#sthash.06PYyUJN.dpuf

Thursday, October 17, 2013

How Much Should I Offer For a Menlo Park Home With Multiple Offers?

Anyone trying to buy a home in Menlo Park right now knows that it is tough out there. There are many more buyers than sellers and many Menlo Park homes sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Menlo Park multiple offer situation and not overpay?

The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc.

But for right now, let's just discuss price. Here are some things to keep in mind when you make an offer on a Menlo Park home in a multiple offer situation,

1. In my opinion the most important thing is, how much is this home worth to you? In other words, what price would you offer so that if it sold for $1000 more you would not be sorry because you do not want to pay that much. It may be that you would pay more than your offer if you could, but you can't so you are just doing your best. But if that is not the case you need to decide how much the house is worth to you so that if you do not get it you will not have regrets.

2. How is the asking price of this home compared to market value? If the house is listed low it will get multiple offers and sell for much more. If it is listed at or above market value it will not. This is not rocket science. Figuring out market value can be a little tricky since there are many variables, and the market is a moving target, but a good Menlo Park real estate agent should be able to help you analyze comps. Once you know the market value you will have to offer more in an appreciating market like we are in now. Sorry, but that is the truth.

3. What is the style of the listing agent? Does he or she like to list homes very low to get as many multiple offers as possible on their Menlo Park listings? Does the agent over value a home to try to get more money for their client, or just try to win out on a competitive listing? Does the agent like to work with multiple counter offers, or accept the the first best offer? Your agent should be able to give you insight into what other Menlo Park real estate agents like to do.

In the end, the final offer price and terms will be your decision, but if you have a great Menlo Park real estate agent he or she can help guide you through the murky waters of Menlo Park multiple offers.

If you have any questions about buying or selling a home in Menlo Park please feel free to contact me.

Marcy Moyer