Big Bear Real Estate Blog

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It's all about the inventory...

Selling Real Estate is not what I do. What I do is study inventory and market conditions. I then provide this information to buyers and sellers so that they can make sound financial decisions. It's that simple.

The single most important quality of a Real Estate agent is their ability to study and retain information regarding the inventory of homes in the market they work in. Period.

An agent that doesn't know the inventory will soon fail. Not might fail, will fail, soon. It amazes me that agents try to learn the inventory after they get a client. I actually should thank these agents for the clients that they give me. As an agent I spend countless hours previewing the inventory of homes in the Big Bear area, and often there are no other agents that have even been to these houses. I don't want to know only what is available, but what has sold, when and for how much.

This is not optional behavior at the office I work in. If you list your house in Big Bear, chances are a Coldwell Banker Mountain Gallery agent will visit it the first week and often the first 48 hours.

People will copy everything you do, except hard work. Why is this important? It is important because while gimmicks, ideas and marketing come and go, hard work and studying inventory is the backbone of Real Estate and most agents won't do it. Period.

It won't take long to know if you agent is an inventory expert. Why waste your time working with an agent that doesn't know the inventory??

I guess even a blind squirrel finds a nut every once in a while....

Steve Hirschler / Inventory Expert

"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

Steve Hirschler

DRE#01703081

Associate, The Tim Wood Group

Coldwell Banker

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

www.bigbearhomes.wordpress.com (blog)

www.stevesellsbigbear.com (website)

www.activerain.com/blogs/slhoo7\ (blog)

www.thetimwoodgroup.com (group website)

http://twitter.com/stevehirschler (follow me)

6 commentsSteve Hirschler, Big Bear Real Estate • September 23 2008 03:30PM

30 Year Home Loan Interest Rate History

Interest Rates for Residential Loans from 1976 - 2008

 

 

Year            Rate                                 Year            Rate

1976-77          8.50%             1994-95          8.34%

1978-79          9.00%             1996-97          8.50%

1980-81          12.25%           1998-99          7.30%

1982-83          15.25%           2000-01          7.69%

1984-85          13.00%           2002-03          6.31%

1986-87          10.26%           2004-05          5.98%

1988-89          10.45%           2006-07          6.53%

1990-91          9.77%            2008              6.44%

1992-93           7.95% 

Interest Rates for Home loans for the past 32 years has averaged 9.03%.

Interest rates are near historic lows.

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

Steve Hirschler

DRE#01703081

Associate, The Tim Wood Group

Coldwell Banker

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

www.bigbearhomes.wordpress.com (blog)

www.stevesellsbigbear.com (website)

www.activerain.com/blogs/slhoo7\ (blog)

www.thetimwoodgroup.com (group website)

http://twitter.com/stevehirschler (follow me)

1 commentSteve Hirschler, Big Bear Real Estate • September 04 2008 06:27PM