HOA Demands?--You're Tell'n Me

As with all blog posts from me, comments are welcome--especially welcome on this post. I am a full-time Fremont-Newark-Union City Real Estate Broker, http://www.tricityhome.com and I work hard in the office, on the phone, face to face and on the Internet. You probably work hard in your profession too.

BUT--Can I have some of your salary if I ever need your services?

No? Why not?

I have been asked to give away some of my commission from time to time since I started real estate in 2000. Perhaps it is just part of the business. But why? Do you ask a lawyer to lower their retainer? Do you ask the accountant to credit the expense column in your favor? Surely not!

Lately, buyers and sellers have been asking for significant portions of my commissions on a regular basis. I cannot discuss commission rates due to laws governing the subject, but I believe my skills, and knowledge of the real estate contract and the skill sets I possess in negotiating sales and the like merit my pay as well as other agent's and broker's pay. As awful as that may be, still another person has been asking for my commission as of late. Can you guess who it might be? The Home Owner's Association in a short sale of a condominium, that's who.

I have a short sale in Fremont that has been, for reasons beyond the scope of this post, in escrow for 1 year now. Now that we are on the very cusps of closing escrow, the HOA (of all people) wants me to "pitch in" in order to settle an assessment that is due upon the sale of the property. Whaaat?

Here is the math:

My pay on a successful close of the above-mentioned property is $6600 divided by 12 months of calling, disclosing, coordinating, compliancing, faxing, emailing, logging, filing, problem solving, driving, (my job) equals $550 dollars a month. Only if it closes escrow.

Another property in the same boat is $1060 divided by 10 months of the same equals $1060 dollars a month. Only if it closes escrow. And believe me--they do not always close escrow.

Asking for a piece of the broker's commission will never stop because that's how it is set up. It is illegal to fix a commission in real estate understandably, and brokers must disclose that commission is set by each individual broker and that it is never a "standard" rate. It keeps it competitive. So, in a sense, we advertise that our commission is negotiable. But what a broker can do is simply say, "no" when asked to "pitch in."

The reason why I and other brokers give their commission when they really should not (myself included) is because we work very hard and only get paid at the end of a successful close of escrow. The threat--if you will-- of losing all that hard work unless a little or sometimes a lot of commission is given away is the only way to get any money at all. I guess it is human nature to be so bold to ask for a piece of the broker commission. The only way for it to stop is for the broker to simply say, "no" and suffer any consequences that may fall.

In a moment, I will try to ask for a piece of my dentist's fees today when I go get my teeth cleaned. I will report back to you.

A few hours later

She said, "no." By Jeff Pereyda

Fremont CA Parkmont Home Values Up

FREMONT CA PARKMONT HOME VALUES

FREMONT HOME PRICES http://www.tricityhome.com

FREMONT REALTOR http://www.tricityhome.com
By Jeff Pereyda

Fremont Homes For Sale--You thought your garage was bad

I see a lot of homes for sale in Fremont http://www.tricityhome.com and their garages. Some owners are creative in they're use of the space while other homeowners are in survival mode. Some of my homes for sale in Fremont have used shelving and built-in fixtures to make the space very workable as a hobby shop and the like. I was taken a back lately by this townhome for sale in Fremont.

Do you remember the Tennessee Tuxedo cartoon? He and is pal Chumly would escape from the zoo on a mission to solve a problem. Armed with the voice characterization of Don Adams, Tennessee Tuxedo would demand that they visit Mr. Whoopee, a brilliant professor who knew all the answers. Upon arrival of Mr. Whoopee's office, it only took a matter of a minute or two until the professor had to open his closet to get use of his "3D-BB," his three dimensional blackboard. However, the closet was packet to the ceiling with stuff. I wonder why a tennis racket sticking out always seems to make it as a stereotypical junk thing. Anyway, when the closet is opened--all the junk spills on top of Mr Whoopee. Well, that almost happened to me.

While showing homes for sale in Fremont, an owner had stepped out prior to me showing one of the homes, and there were no images of the garage in the Fremont home for sale on the MLS. "Can we see the garage?" the buyer asked. "Sure," I replied. This is what we saw. I could not help but think of Mr. Whoopee's closet.

Here is an episode of Tennessee Tuxedo on YouTube (They want to make a light and learn about Thomas Edison). And, yes, the tennis racket is in the pile of junk in Mr. Whoopee's closet--see if you can find it.By Jeff Pereyda

SF bay area craigslist > for sale / wanted > garage & moving sales > Fremont CA

It was not too long ago, that I and many others suggested to Craig Newmark or staff that he should definitely have a section for Fremont garage sales & moving sales or estate sales on Craigslist.

We were heard. There is now a Fremont garage sales & moving sales section on Craigslsit.

Craigslist had created a Fremont garage sales & moving sales section in the Craigslist website some time ago, and now I will get to try it out. http://sfbay.craigslist.org/eby/gms/

My wife and I have come to realize that we have too many things, especially now that we have two new children and no additional storage. In a very real sense, our garage has become storage. Naturally, some things we do not want to part with like Halloween decorations and such, but why keep abandoned toys, clothes, and kitchen items that are never going to be used? I even found a dusty old Saguaro Cactus made of tissue paper in there. Maybe the Saguaro could be a FREE item.

Our goal is to find these things a new home soon by way of Fremont garage sales & moving sales. The items we do not want that did not sell at our Fremont garage sales & moving sales will be donated to charity.

One benefit of being a Fremont Realtor http://www.tricityhome.com is having lots of signs to use in situations like this. I simply get out my Open House signs, reface them using a 20 X 24 piece of cardboard to say Fremont garage sales & moving sales and done!

Anyone need a large bin of Beanie Babies? By Jeff Pereyda

Near Washington Hospital On Mowry Ave

There is an awful lot of new construction going on in Fremont near Washington Hospital on Mowry Ave. The hospital itself is under somewhat of a facelift just north of the main building. Furthermore, BART has undergone a massive project not near Washington Hospital on Mowry Ave but off of Stevenson, just across from the Fremont Police Station. Apparently BART is digging the tunnel for the new line. In addition, there is one building in particular that I pass by every day on my way to my office here http://tricityhome.com/fremont-office-visit.html. You may know it. It is on the corner of Stivers and Mowry, a brand new medical building.

I'm sure there must be some harried individual or two, being that workers are getting pressure to meet deadlines. The image above was taken one morning right on the corner of Stivers and Mowry-near Washington Hospital on Mowry Ave. Blinded by the rear of the lift device, a worker unknowingly moved the boom over and bent the stop sign a bit. Being that it was right there near Washington Hospital on Mowry Ave, it must have received a bit of attention. Perhaps he crane/boom/lift operator is now pushing a broom inside the building instead of operating the lift device.

I have not been by again yet at the time of writing this blog, but I am wondering if they discovered it after the fact then used the lift to try to straighten it back again. Regardless, it may never look the same. By Jeff Pereyda

Re Facing Closet Doors Fremont-Parkmont

I purchased a home in Parkmont of Fremont (I wish I knew about http://www.tricityhome.com CA back in 99. It was built in 1978, so if you are like me and purchased a home built back then or even one built in the eighties, you may have those closet doors with the off white panels. These are the ones that look like fake wood grained contact paper over a wood panel framed in gold metal trim. My wife and I gave our bedroom a face lift recently that included re facing closet doors.

We got a whole new look re facing closet doors that we are very pleased with. Basically, we wallpapered the panels. But, in re facing the closet doors, there was more to it than that. First, we had to remove the panels from the guides by lifting up and pulling the bottom out of the tracks. Second, using a electric drill in reverse, I removed all the screws holding the panels in place being careful to place all the screws in one bin. In our case it was an old hat. Then using a hammer and a piece of soft wood, I tapped all the gold metal frames off of the panel. Since the closest doors take up practically the whole length of the wall, they are quite long and somewhat difficult to move around in the bedroom. The ceiling fan got whacked once or twice before I developed a technique that required both a certain movement together with an awareness of space--almost a zen thing. While removing the frames, it may be important to number the parts as you remove them to ensure proper replacement to the right panelswhen re facing the closet doors. I did mine by writing a-1 on the top frame as well as the panel, and then I wrote a-2 on the first side frame, a-3 on the bottom and a-4 for the last or left side. The next door would be the "b" series and so on. When you get to the rollers, be sure to observe how the went in. Some have different mechanisms and require an adjustment or two.

Once all removed and dismantled and organized in re facing the closet doors, it was time to get the supplies in re facing the closet doors. Here is what we used:

3 rolls of desired wall covering (we used a faux grass burlap texture with greens and browns in it. Our closet doors measured about 133 sq ft--get some extra) See image above.

1 box of wallpaper paste (even if you have self-pasting wall covering) I used Golden Harvet because it was inexpensive. Image below.

3 cans of spray paint that either matches, contrasts or complements your design choice of wall covering (we used a chocolate brown epoxy enamel satin finish)

2 cans of spray metal primer paint (paint will just barely stick to the metal unless you use a good primer--ask the store personnel)

I will have a short TIPS section below after the post.


So now we had to prime and paint the frames outside. This was a bit hard, but it was worth it. If you go to an auto body paint store (there is one on Peralta and Fremont you can buy a self etching primer spray). After priming according to directions and painting the frames, we realized that we needed to wall cover the back of the panels, not the front. The paste would work better against the wood back instead of the contact paper fronts. You could peel the contact paper off, but ours was hard to peel and peeled off in little bits at a time. So, wall covering the back it was. We chose to cover the panels after the frames were reassembled. Due to the tight clearances of the frame slots, adhering wall covering all the way to the edge of the wood panel first would create a thicker dimension along the edge, and fitting the frame slot would be difficult over both the wood and the wall covering. When the frames were brought in, it was time to assemble.

Assembling the frames on the panels was just a matter of following the letters and numbers mentioned earlier. With a tap here and there being careful not to scratch the frames, the frames were assembled. keep in mind, that if you are reversing the panels, that is covering the back, you will need to place a-2 side frame onto a-4 side panel. Remember you have to reverse. Now with panels done, it is time to cover. But first, do not forget to prime and paint the upper closet door slots attached to the ceiling. Just remove, prime and paint then place back on the ceiling with the screws.

Covering the panels, you may find it easier to place the panels on the bed (covered of course) or you can wall cover the panels when they are upright in the slots. It is up to you. I did both. You may want to review wall covering tips on the Internet if you need a refresher course. See TIPS below for a fast list of things to know. Once we had the panels covered, we trimmed the excess and placed them in the upper slots then on the rollers.

In short, we transformed our room into something that Martha Stewart would be very proud of I'm sure. I still can not get over the huge contribution the new closet doors made to our redesigned bedroom.

I hope you find this post helpful, and please feel free to write with questions or testimonies.

TIPS:

Don't forget to "book" your wall coverings--do not rush it.
Prime the wood with the box paste according to instructions before you adhere your wallcovering--this will prevent lift up.
Do not put seems together, even if you "book" the coverings. Your seems may separate and reveal the wood beneath. Instead overlap by about 3/16ths of an inch depending on your width.
Trim wallcovering after it dries not wet.
There are many different wall paper resources on the Internet (even though I may disagree on some points) Good luck.

Golden Harvest Paste worked well for a paste primer. By Jeff Pereyda

Fremont CA Real Estate Market

I got a kick out of the movoto website today when it listed the least expensive and the most expensive homes for sale in Fremont. I felt it was timely because I had a recent experience that identified with this somewhat. I while back I received a follow up call from a client who was in the market for a very expensive home in Fremont of several million in price. In preparation for the new home buyer in Fremont, weeks went by with much planning for the upcoming appointment--phone calls were made, calendars rewritten, plans changed, etc. in order to make room for the high priced Fremont home buyer coming into town. The time finally came when we were scheduled to go out looking for multi million dollar homes in Fremont, and they were a no show. Even worse--no call, no email, no text, zero. Even now, I still do not know what happened. I hope they are okay.

Meanwhile, I had a client following homes for sale in Fremont on my website diligently for some time. On the same day of the multi-million dollar cancellation, this faithful Internet home buyer emailed me and wanted to view one of the lowest priced condos in Fremont on Paseo Padre Parkway. with my day cleared off anyway, I had free time to go see the condo. I showed it to my client, she loved it and wrote an all cash offer. But wait, alas, the lower-end Fremont home buyer pulled a fast one.

Several days later, when we were about to get our reply to the offer, the buyer writes, "Are we too high in price?"

I replied, "actually, no you're perfectly priced."

She writes, "Rescind my offer, there is too much crime there!"

Digging deeper I send a crime report to nip this Internet weed in the bud. I sent the comparative crime reports to the buyer.

She writes back, "Wow! Okay, thank you, let's stay in the game. I'm in."

Next day, she writes, "It's too soon, we need to back out. Rescind my offer."

I had too much at this point.

I replied, "If your situation changes..." meaning--when you find your motivation for buying a home in Fremont, "call me." At the risk of sounding like a rant, I felt--when you find your motivation for buying a home in Fremont, go become some other agent's energy drain.

Ouch, both of those buyers hurt a bit.

Will they call? maybe not at this point. But, a short message to all Fremont home buyers out there. Contrary to a some beliefs, real estate agents work very hard for you. And, it costs a good deal of money just to be an agent, even more to be a broker. Please respect their time and their commissions. A colleague in my office, who is also a financial planner, told me that when someone asked her for a piece of her commission, she replied, "Well, it's not a good idea, see, the lender may think you cannot afford the house." Touche.
By Jeff Pereyda