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Throwback Thursday

Here is another fun one.  I sold this adorable two bed, two bath home at 1040 Broderick Street back in 1997 for only $445,000.  I recently saw it listed for $2.3 million in 2018, but for whatever reason, the sellers pulled it off the market and decided to rent it for over $12,000/month.  Fabulous rental income!

Check out the photo below to see what it looked like in 1997.  The trees have really filled in.

What’s Happening Around the Bay Area



Throwback Thursday

I thought it would be fun to look back at some of the properties I sold at the beginning of my career. You’ll be amazed at what they sold for then versus now. Here is a condo that sold for only $240,000 in 1994 at 1350 California Street. The most recent sale price on record for this home went for over $1 million. Wow, that’s some nice appreciation.

Some Hidden Traps For First Time Home Sellers

Selling your home for the first time? Don’t glue yourself to the HGTV network as you may pick up some bad habits and misperceptions. Here are a few tips to avoid walking into bear traps in selling your home.

If you’re thinking of renovating or doing a makeover or major repair on your home, think again, and talk to a knowledgeable local real estate agent to see if makeovers or repairs are really necessary to sell your home in a hot market, or if it would really be helpful to renovate in a cooler market.

Don’t jump into current trendy design approaches without some real solid research as to what works in your neighborhood and what doesn’t. Experts say upgraded baths and kitchens are fairly safe, but beware of going into strong designer wall colors and bright accent walls or trim. A neutral palette is best to allow potential buyers to visualize their painterly preferences and furniture.

Planning your next chess move as to moving to your new home from the one you’re selling is extremely helpful. This is not a matter of get up and go, and in SF homes sell very quickly so you need to have everything for your upcoming move and new home well in place. This should include financial prepping for possibly higher taxes and expenses.

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