Pleasanton Agent: Tech Tools for Smarter Real Estate

Pleasanton Investment Properties that do more than just pay the mortgage – they build wealth.

Pleasanton Agent: Tech Tools for Smarter Real Estate

Pleasantons 2025 Real Estate Market Review: Trends and Forecasts

Okay, so youre considering acquiring or selling in Pleasanton, California in 2025? Real Estate Agent Pleasanton: Your 2025 Home Guide . Smart relocate! Its a great area to live. Allows discuss what the real estate market may look like then.

Think of it like this: Pleasantons always been a preferable location, and thats not likely to change dramatically. Were probably going to see an extension of some essential patterns. Rates of interest will certainly play a huge duty. If they remain high, that can cool down things down a bit, making it a bit less complicated for customers. If they go down, expect more competition.

Stock, implying the number of homes offered, is one more big element. If there aren't numerous houses on the marketplace, rates tend to remain high. New construction could help relieve that, but Pleasanton isn't specifically sprawling with brand-new growth. So, expect a pretty open market on the whole.

Predictions are constantly difficult, however Id wager on ongoing demand for Pleasantons excellent institutions, safe areas, and practical area. These are things that regularly bring in individuals. Millennial and Gen Z buyers will likely be entering the market a growing number of, forming what kind of homes are prominent. Think smaller sized, a lot more lasting, and tech-friendly.

Eventually, navigating the Pleasanton real estate market in 2025 will be about understanding these fads and having a person who understands the local area throughout. Thats where I are available in. Consider me your overview to locating the ideal Pleasanton home, or obtaining the most effective feasible rate if youre marketing. Allows conversation and make a plan that fits your demands and goals.

Area Spotlight: Leading Locations to Think About in Pleasanton

Okay, so youre considering making Pleasanton your home in 2025? Smart move! As your friendly Pleasanton real estate agent, Ive got my finger on the pulse of the town and can inform you, its a great area to be. But Pleasanton isn't just one big, identical block of homes. Its a collection of unique communities, each with its own vibe and charm. So, allows radiate an area limelight on a few top areas that you must certainly consider as you start your house search.

First, youve got the historic downtown location. Think tree-lined streets, captivating Victorian homes, and an actual feeling of area. Youre steps away from incredible dining establishments, shops, and the farmers market. Its perfect if you like walkability and remaining in the heart of the action.

After that, theres the more recent advancement in the Bernal location. These homes are often larger and more modern-day, with sizable backyards. Youre also near parks, trails, and top-rated schools, making it a wonderful choice for households.

And lets not fail to remember the areas closer to the hills. Below, youll find bigger great deals, spectacular sights, and a much more relaxed, private environment. Its ideal for those who appreciate nature and a little bit of personal privacy.

Naturally, these are just a few highlights. Every community in Pleasanton has something special to offer, and the most effective suitable for you will depend on your individual needs and choices. Thats where I are available in! I can help you explore these areas in even more information, answer your inquiries, and guide you in the direction of the best Pleasanton area to call home in 2025. Homes in Pleasanton Ridge that elevate your lifestyle – literally. Lets locate your desire area together!

Browsing the Home Buying Process in Pleasanton: A Step-by-Step Overview

Acquiring a home in Pleasanton in 2025? Amazing, ideal? However allows be sincere, navigating the real estate market can feel like attempting to decode a secret code. Thats where a good Pleasanton real estate agent is available in-- consider them as your regional overview, your translator, and your advocate all rolled right into one. This isn't practically locating a house; its concerning discovering your home, and doing it with confidence.

So, what are the actions? Initially, determine your budget. Talk to a lender, get pre-approved, and comprehend what you can genuinely manage. This avoids broken heart later. Next off, coordinate with an excellent Pleasanton real estate agent. Theyll know the neighborhoods, the institutions, the hidden gems, and, most importantly, the current market trends. Think of them as having their finger on the pulse of Pleasanton real estate.

Then comes the enjoyable part: searching! Your representative will curate listings based on your wants and needs, guiding you via open residences and exclusive showings. Once you discover "" the one,"" theyll assistance you craft an affordable deal, negotiating in your place to get the very best possible rate and terms.

After your deal is accepted (hooray!), theres still function to do. Inspections, evaluations, and documentation galore! Your agent will collaborate all of this, ensuring whatever runs efficiently and you recognize each action. Pleasanton Investment Properties that do more than just pay the mortgage – they build wealth. Ultimately, closing day gets here-- authorizing the files and formally ending up being a Pleasanton homeowner.

It may sound like a lot, however with a skilled Pleasanton real estate agent on your side in 2025, the home acquiring process can be a remarkably smooth and also satisfying trip. Theyre there to answer your questions, relieve your fears, and make your dream of possessing a home in Pleasanton a truth.

Financing Your Pleasanton Dream Home: Mortgage Options and Tips

Okay, so youre desiring for possessing a home in Pleasanton in 2025? Great! Its a stunning place to live. Yet lets be real, buying a home, specifically in a desirable area like Pleasanton, entails some serious monetary preparation. Consider this overview as your pleasant community real estate agent, all set to demystify the mortgage procedure and provide some valuable tips.

First things initially: funding. Thats where mortgage alternatives come in. Theres no one-size-fits-all service below. Are you checking out a fixed-rate mortgage for foreseeable regular monthly repayments, or a variable-rate mortgage that might start reduced but could fluctuate? What concerning government-backed car loans like FHA or VA, which can be excellent choices for sure purchasers? Understanding these various kinds is crucial.

Pleasanton Agent: Tech Tools for Smarter Real Estate - Pleasanton Investment Properties that do more than just pay the mortgage – they build wealth.

  • Real Estate Pleasanton California that’s more than business – it’s personal.
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  • Pleasanton New Construction Homes so fresh, you might still smell the paint.

And its not practically picking a loan kind. Its concerning recognizing your credit rating, your debt-to-income ratio, and just how much of a down payment you can genuinely afford. Lenders are going to look at every one of these elements when deciding whether to authorize your application and what interest rate to supply.

Heres where your pleasant Pleasanton real estate agent can be found in convenient. We can aid you browse the borrowing landscape, connect you with trustworthy mortgage brokers, and also offer you some pointers on exactly how to boost your economic profile before you also begin taking a look at residences. Think about us as your source throughout the whole procedure.

Remember, buying a home is a big decision. Don't rush into it. Take the time to explore your funding options, get pre-approved for a mortgage, and deal with a relied on real estate expert that recognizes the Pleasanton market throughout. With the appropriate planning and guidance, that fantasize Pleasanton home can absolutely come true in 2025!

Dealing with a Pleasanton Real Estate Agent: Locating the Right Fit

Finding the ideal real estate agent in Pleasanton can seem like searching for that best pair of denims-- you understand what you want, but it takes some trying out to find the fit thats just right. And in 2025, with the Pleasanton real estate market continuously shifting, having an experienced and personable representative on your side is much more crucial than ever before.

Its not nearly locating somebody who can unlock doors and process documentation. Its regarding finding someone that comprehends your demands, your way of living, and your vision for your future home. Do you visualize an expansive estate in Ruby Hill, or a cozy condo downtown? Do you focus on top-rated institutions, easy access to treking trails, or a dynamic social scene? A great Pleasanton representative will listen to your top priorities and tailor their search appropriately.

Collaborating with a Pleasanton real estate agent must seem like a partnership, not a transaction. Look for somebody that interacts plainly, reacts quickly, and truly respects aiding you accomplish your real estate objectives. Do not hesitate to talk to numerous agents and inquire regarding their experience, their strategies, and their connection to the Pleasanton community. Nevertheless, youre entrusting them with a substantial financial investment and a crucial life choice. Discovering the ideal fit deserves the effort-- it can make all the difference in browsing the 2025 Pleasanton real estate landscape with self-confidence and eventually finding your desire home.

Purchasing Pleasanton Real Estate: Opportunities and Techniques

Thinking about planting origins in Pleasanton? Youre not the only one! This captivating California town is humming, and completely reason. Investing in Pleasanton real estate offers an engaging mix of way of life rewards and financial chances. But browsing the marketplace, specifically as we look towards 2025, requires a wise method.

Neglect the get-rich-quick schemes. Real estate in Pleasanton is about long-term value. Were talking about a community with premier colleges, gorgeous parks, a vibrant downtown, and a practical location near to major task facilities in the Bay Location. These aren't just nice-to-haves; theyre the bedrock of a secure and valuing market.

So, what are some approaches for maximizing your financial investment? Initially, deal with a knowledgeable local expert. Someone who comprehends the subtleties of Pleasantons different areas, the authorization procedure, and the future growth plans. Think about them as your personal Pleasanton real estate tourist guide.

Second, consider your investment objectives. Are you trying to find a household home, a rental property, or a flip possibility? Each course needs a different method. For instance, a family may focus on proximity to certain schools, while an investor may concentrate on homes with renovation potential.

Lastly, do not hesitate to believe outside the traditional single-family home. Condos, condominiums, and also vacant land can use outstanding chances, specifically as Pleasanton remains to develop.

Expecting 2025, working with a dedicated real estate agent who knows Pleasanton in and out is extra essential than ever. They can offer you with a "" Home Guide"" perspective, keeping you notified about market fads, possible risks, and, most significantly, the right properties to match your desires and economic objectives. Purchasing Pleasanton real estate is an investment in your future, and with the right method and a trusted guide, that future appearances brilliant.

Pleasanton Neighborhood and Way Of Life: What to Anticipate

Alright, so youre thinking about growing origins in Pleasanton, California in the near future, maybe even 2025? Outstanding choice! As a real estate agent operating in Pleasanton, allow me paint you an image of what life is really like right here, past the glossy brochures. Its more than just homes; its concerning the area and the way of living.

Pleasanton is a place where you can genuinely really feel a sense of belonging. The midtown location is the heart of it all, a captivating mix of historical structures housing locally possessed stores, restaurants with amazing outside patio areas, and that traditional sectarian feeling. Anticipate to spend weekends walking Key Street, grabbing coffee at a regional cafe, and maybe capturing a performance in the park. Community events are a large deal here, from farmers markets breaking with fresh fruit and vegetables to vacation parades that bring everybody together.

The lifestyle here is energetic, but not in a chaotic, big-city sort of way. Assume extra kicked back and outdoorsy. There are lots of parks and trails for treking, biking, and simply enjoying the California sunshine. Family members are a large component of the Pleasanton ambiance, so youll discover wonderful institutions and plenty of tasks tailored in the direction of youngsters. Anticipate to see youngsters playing sporting activities in the parks and family members picnicking on weekends.

Obviously, being in the Bay Area, Pleasanton supplies a convenient location. Youre close enough to San Francisco and Silicon Valley for work or enjoyment, however much sufficient away to leave the stress. Commuting can be a variable, so thats something joined most definitely review if youre major concerning getting.

For 2025, anticipate the real estate market to continue to be affordable, yet with a good technique and an educated representative at hand, locating your desire home in Pleasanton is certainly achievable. Well navigate the market together, focusing on discovering a location that fits your needs and aligns with the Pleasanton way of living youre seeking. More than simply a house, well locate you a home in an area youll love.

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Real Estate Agent Pleasanton

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Pleasanton is a city in Alameda Region, The Golden State, USA. Located in the Amador Valley, it is an upscale suburb in the East Bay region of the San Francisco Bay Location. The populace was 79,871 at the 2020 census. In 2005 and 2007, Pleasanton was rated the wealthiest middle-sized city in the United States by the Demographics Bureau. Pleasanton is home to the head office of Safeway, Workday, Ellie Mae, Roche Molecular Diagnostics, Blackhawk Network Holdings, Veeva Solutions, and Simpson Manufacturing Company. Other major companies include Kaiser Permanente, Oracle, and Macy's. Although Oakland is the Alameda Area seat, a few region workplaces are located in Pleasanton. The Alameda Area Fairgrounds lie in Pleasanton, where the region fair is held throughout the recently of June and the first week of July. Pleasanton Ridge Regional Park is found on the west side of community.

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Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.[1][2] In terms of law, real relates to land property and is different from personal property, while estate means the "interest" a person has in that land property.[3]

Real estate is different from personal property, which is not permanently attached to the land (or comes with the land), such as vehicles, boats, jewelry, furniture, tools, and the rolling stock of a farm and farm animals.

In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state.[3]

History of real estate

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The natural right of a person to own property as a concept can be seen as having roots in Roman law as well as Greek philosophy.[4] The profession of appraisal can be seen as beginning in England during the 1500s, as agricultural needs required land clearing and land preparation. Textbooks on the subject of surveying began to be written and the term "surveying" was used in England, while the term "appraising" was more used in North America.[5] Natural law which can be seen as "universal law" was discussed among writers of the 15th and 16th century as it pertained to "property theory" and the inter-state relations dealing with foreign investments and the protection of citizens private property abroad. Natural law can be seen as having an influence in Emerich de Vattel's 1758 treatise The Law of Nations which conceptualized the idea of private property.[6]

One of the largest initial real estate deals in history known as the "Louisiana Purchase" happened in 1803 when the Louisiana Purchase Treaty was signed. This treaty paved the way for western expansion and made the U.S. the owners of the "Louisiana Territory" as the land was bought from France for fifteen million dollars, making each acre roughly 4 cents.[7] The oldest real estate brokerage firm was established in 1855 in Chicago, Illinois, and was initially known as "L. D. Olmsted & Co." but is now known as "Baird & Warner".[8] In 1908, the National Association of Realtors was founded in Chicago and in 1916, the name was changed to the National Association of Real Estate Boards and this was also when the term "realtor" was coined to identify real estate professionals.[9]

The stock market crash of 1929 and the Great Depression in the U.S. caused a major drop in real estate worth and prices and ultimately resulted in depreciation of 50% for the four years after 1929.[10] Housing financing in the U.S. was greatly affected by the Banking Act of 1933 and the National Housing Act in 1934 because it allowed for mortgage insurance for home buyers and this system was implemented by the Federal Deposit Insurance as well as the Federal Housing Administration.[11] In 1938, an amendment was made to the National Housing Act and Fannie Mae, a government agency, was established to serve as a secondary market for mortgages and to give lenders more money in order for new homes to be funded.[12]

Title VIII of the Civil Rights Act in the U.S., which is also known as the Fair Housing Act, was put into place in 1968 and dealt with the incorporation of African Americans into neighborhoods as the issues of discrimination were analyzed with the renting, buying, and financing of homes.[13] Internet real estate as a concept began with the first appearance of real estate platforms on the World Wide Web (www) and occurred in 1999.

Residential real estate

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Residential real estate may contain either a single family or multifamily structure that is available for occupation or for non-business purposes.[14]

Residences can be classified by and how they are connected to neighbouring residences and land. Different types of housing tenure can be used for the same physical type. For example, connected residences might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns.[15]

According to the Congressional Research Service, in 2021, 65% of homes in the U.S. are owned by the occupier.[16]

Single-family detached house in Essex, Connecticut, United States
Townhouses in Victoria, Australia
Major categories
  • Attached / multi-unit dwellings
    • Apartment (American English) or Flat (British English) – An individual unit in a multi-unit building. The boundaries of the apartment are generally defined by a perimeter of locked or lockable doors. Often seen in multi-story apartment buildings.
    • Multi-family house – Often seen in multi-story detached buildings, where each floor is a separate apartment or unit.
    • Terraced house (a.k.a. townhouse or rowhouse) – A number of single or multi-unit buildings in a continuous row with shared walls and no intervening space.
    • Condominium (American English) – A building or complex, similar to apartments, owned by individuals. Common grounds and common areas within the complex are owned and shared jointly. In North America, there are townhouse or rowhouse style condominiums as well. The British equivalent is a block of flats.
    • Housing cooperative (a.k.a. co-op) – A type of multiple ownership in which the residents of a multi-unit housing complex own shares in the cooperative corporation that owns the property, giving each resident the right to occupy a specific apartment or unit. Majority of housing in Indian metro cities are of these types.
    • Tenement – A type of building shared by multiple dwellings, typically with flats or apartments on each floor and with shared entrance stairway access found in Britain.
  • Semi-detached dwellings
    • Duplex – Two units with one shared wall.
  • Detached dwellings
    • Bungalows
    • Split-level home
    • Mansions
    • Villas
    • Detached house or single-family detached house
    • Cottages
  • Portable dwellings
    • Mobile homes, tiny homes, or residential caravans – A full-time residence that can be (although might not in practice be) movable on wheels.
    • Houseboats – A floating home
    • Tents – Usually temporary, with roof and walls consisting only of fabric-like material.

Other categories

  • Chawls
  • Havelis
  • Igloos
  • Huts

The size of havelis and chawls is measured in Gaz (square yards), Quila, Marla, Beegha, and acre.

See List of house types for a complete listing of housing types and layouts, real estate trends for shifts in the market, and house or home for more general information.

Real estate and the environment

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Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate.[17]

Environmental surveying is made possible by environmental surveyors who examine the environmental factors present within the development of real estate as well as the impacts that development and real estate has on the environment.

Green development is a concept that has grown since the 1970s with the environmental movement and the World Commission on Environment and Development. Green development examines social and environmental impacts with real estate and building. There are 3 areas of focus, being the environmental responsiveness, resource efficiency, and the sensitivity of cultural and societal aspects. Examples of Green development are green infrastructure, LEED, conservation development, and sustainability developments.

Real estate in itself has been measured as a contributing factor to the rise in green house gases. According to the International Energy Agency, real estate in 2019 was responsible for 39 percent of total emissions worldwide and 11 percent of those emissions were due to the manufacturing of materials used in buildings.[18]

Development

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Real estate development involves planning and coordinating of housebuilding, real estate construction or renovation projects.[19] Real estate development can be less cyclical than real estate investing.[20]

Investment

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In markets where land and building prices are rising, real estate is often purchased as an investment, whether or not the owner intends to use the property. Often investment properties are rented out, but "flipping" involves quickly reselling a property, sometimes taking advantage of arbitrage or quickly rising value, and sometimes after repairs are made that substantially raise the value of the property. Luxury real estate is sometimes used as a way to store value, especially by wealthy foreigners, without any particular attempt to rent it out. Some luxury units in London and New York City have been used as a way for corrupt foreign government officials and business people from countries without strong rule of law to launder money or to protect it from seizure.[21] Investment in real estate can be categorized by financial risk into core, value-added, and opportunistic.[22]

Professionals

[edit]
  • Real estate agent – North America
  • Estate agent – United Kingdom

See also

[edit]
  • Environmental Surveying
  • Green Development
  • Phase I environmental site assessment
  • Commercial real estate
  • Estate (land)
  • Extraterrestrial real estate
  • Fractional financing
  • Land lot
  • Real estate business
  • Real estate economics
  • Right to property

References

[edit]
  1. ^ "Real estate": Oxford English Dictionary online: Retrieved September 18, 2011
  2. ^ James Chen (May 2, 2019). "What Is Real Estate?". investopedia.com. Archived from the original on August 18, 2000. Retrieved May 13, 2019.
  3. ^ a b Real Estate. Funk & Wagnalls New World Encyclopedia, 1. 2018.
  4. ^ Alvik, Ivar (2018). "Protection of Private Property in the Early Law of Nations". Journal of the History of International Law. 20 (2): 220. doi:10.1163/15718050-19041026. S2CID 158672172.
  5. ^ Klaasen, R. L. (1976). "Brief History of Real Estate Appraisal and Organizations". Appraisal Journal. 44 (3): 376–381.
  6. ^ Alvik, Ivar (2018). "Protection of Private Property in the Early Law of Nations". Journal of the History of International Law. 20 (2): 218–227. doi:10.1163/15718050-19041026. S2CID 158672172.
  7. ^ "Louisiana Purchase: Primary Documents in American History". Library of Congress Research Guides. Archived from the original on 2022-06-25. Retrieved 2022-05-18.
  8. ^ Richardson, Patricia (June 2, 2003). "Father-son team scores big at home; Nearly 150 years old, family-owned Baird & Warner Inc. is a dominant force in the area's residential real estate industry, and shows no signs of slowing down or selling out". Crain's Chicago Business.
  9. ^ "History of National Association of Realtors". National Association of Realtors. 13 January 2012. Archived from the original on 13 May 2022. Retrieved 18 May 2022.
  10. ^ Nicholas, T.; Scherbina, A. (2013). "Real Estate Prices During the Roaring Twenties and the Great Depression". Real Estate Economics, 41. 2: 280.
  11. ^ Greer, J. L. (2014). "Historic Home Mortgage Redlining in Chicago". Journal of the Illinois State Historical Society. 107 (2): 204–233. doi:10.5406/jillistathistsoc.107.2.0204.
  12. ^ "A Brief History of the Housing Government-Sponsored Enterprises" (PDF). Federal Housing Finance Agency – OIG. Archived (PDF) from the original on 2023-03-08. Retrieved 2022-05-18.
  13. ^ Taylor, K. Y. (2018). "How Real Estate Segregated America". Dissent. 65 (4): 23–24. doi:10.1353/dss.2018.0071. S2CID 149616841.
  14. ^ "Title 16. Conservation; Chapter 1. National Parks, Military Parks, Monuments, and Seashores; Minute Man National Historical Park". US Legal. Archived from the original on 2017-07-08. Retrieved 2015-10-04.
  15. ^ Kimberley Amadeo (March 28, 2019). "Real Estate, What It Is and How It Works". thebalance.com. Archived from the original on May 13, 2019. Retrieved May 13, 2019.
  16. ^ "Introduction to U.S. Economy: Housing Market" (PDF). Congressional Research Service. Archived from the original on 2022-07-29. Retrieved 2022-05-18.cite web: CS1 maint: bot: original URL status unknown (link)
  17. ^ Cutting, Robert H.; Calhoun, Lawrence B.; Hall, Jack C. (2012). "'Location, Location, Location' Should Be 'Environment, Environment, Environment': A Market-Based Tool to Simplify Environmental Considerations in Residential Real Estate". Golden Gate University Environmental Law Journal.
  18. ^ "Global status report for buildings and construction". International Energy Agency. 2019.
  19. ^ Frej, Anne B; Peiser, Richard B. (2003). Professional Real Estate Development: The ULI Guide to the Business (2 ed.). Urban Land Institute. p. 3. ISBN 0874208947. OCLC 778267123.
  20. ^ Geltner, David, Anil Kumar, and Alex M. Van de Minne. "Riskiness of real estate development: A perspective from urban economics and option value theory." Real Estate Economics 48.2 (2020): 406–445.
  21. ^ "Why Manhattan's Skyscrapers Are Empty". The Atlantic. 16 Jan 2020. Archived from the original on 13 April 2021. Retrieved 13 April 2021.
  22. ^ Garay, Urbi, Investment Styles, Portfolio Allocation, and Real Estate Derivatives (2016). Garay, U. “Investment Styles, Portfolio Allocation, and Real Estate Derivatives.” In Kazemi, H.; Black, K.; and D. Chambers (Editors), Alternative Investments: CAIA Level II, Chapter 16, Wiley Finance, 3rd Edition, 2016, pp. 401–421.
[edit]
  • The dictionary definition of real estate at Wiktionary
  • Quotations related to Real estate at Wikiquote

 

 

Lawn signs advertising houses for sale

Real estate agents and real estate brokers are people who represent sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients.[1] Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions.

Categories of representation

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A real estate broker typically receives a real estate commission for successfully completing a sale. Across the U.S, this commission can generally range between 5-6% of the property's sale price for a full-service broker but this percentage varies by state and even region.[2]

Real estate licensing and education

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In most jurisdictions in the United States, a person must have a license to perform licensed activities, and these activities are defined within the statutes of each state. The main feature of the requirement for having a license to perform those activities is the work done "for compensation". Hence, hypothetically, if a person wants to help a friend out in either selling or buying a property, and no compensation of any kind is expected in return, then a license is not needed to perform all the work. However, since most people would expect to be compensated for their efforts and skills, a license would be required by law before a person may receive remuneration for services rendered as a real estate broker or agent. Unlicensed activity is illegal and the state real estate commission has the authority to fine people who are acting as real estate licensees, but buyers and sellers acting as principals in the sale or purchase of real estate are usually not required to be licensed. It is important to note that in some states, lawyers handle real estate sales for compensation without being licensed as brokers or agents. However, even lawyers can only perform real estate activities that are incidental to their original work as a lawyer. It cannot be the case that a lawyer can become a seller's selling agent if that is all the service that is being requested by the client. Lawyers would still need to be licensed as a broker if they wish to perform licensed activities. Nevertheless, lawyers do get a break in the minimum education requirements (for example, 90 hours in Illinois).[3]

Some other states have recently eliminated the salesperson's license, instead, all licensees in those states automatically earn their broker's license.

The term "agent" is not to be confused with salesperson or broker. An agent is simply a licensee that has entered into an agency relationship with a client. A broker can also be an agent for a client. It is commonly the firm that has the actual legal relationship with the client through one of their sales staff, be they salespersons or brokers.

In all states, the real estate licensee must disclose to prospective buyers and sellers the nature of their relationship [4]

Specific representation laws

[edit]

Some U.S. state real estate commissions – notably Florida's[5] after 1992 (and extended in 2003) and Colorado's[6] after 1994 (with changes in 2003) created the option of having no agency or fiduciary relationship between brokers and sellers or buyers.

As noted by the South Broward Board of Realtors, Inc. in a letter to State of Florida legislative committees:

"The Transaction Broker crafts a transaction by bringing a willing buyer and a willing seller together and provides the legal documentation of the details of the legal agreement between the same. The Transaction Broker is not a fiduciary of any party, but must abide by the law as well as professional and ethical standards." (such as NAR Code of Ethics).

The result was that, in 2003, Florida created a system where the default brokerage relationship had "all licensees ... operating as transaction brokers, unless a single agent or no brokerage relationship is established, in writing, with the customer"[7][8] and the statute required written disclosure of the transaction brokerage relationship to the buyer or seller customer only through July 1, 2008.

In the case of both Florida[8] and Colorado,[6] dual agency and sub-agency (where both listing and selling agents represent the seller) no longer exist.

Other brokers and agents may focus on representing buyers or tenants in a real estate transaction. However, licensing as a broker or salesperson authorizes the licensee to legally represent parties on either side of a transaction and providing the necessary documentation for the legal transfer of real property. This business decision is for the licensee to decide. They are fines for people acting as real estate agents when not licensed by the state.

In the United Kingdom, an estate agent is a person or business entity whose business is to market real estate on behalf of clients. There are significant differences between the actions, powers, obligations, and liabilities of brokers and estate agents in each country, as different countries take markedly different approaches to the marketing and selling of real property.

The difference between salespersons and brokers

[edit]

Before the Multiple Listing Service (MLS) was introduced in 1967, when brokers (and their licensees) only represented sellers by providing a service to provide legal documentation on the transfer real property, the term "real estate salesperson" may have been more appropriate than it is today, given the various ways that brokers and licensees now help buyers through the legal process of transferring real property. Legally, however, the term "salesperson" is still used in many states to describe a real estate licensee.[citation needed]

Real estate broker (or, in some states, qualifying broker)

[edit]

After gaining some years of experience in real estate sales, a salesperson may decide to become licensed as a real estate broker (or Principal/qualifying broker) in order to own, manage, or operate their own brokerage. In addition, some states allow college graduates to apply for a broker's license without years of experience. College graduates fall into this category once they have completed the state-required courses as well. California allows licensed attorneys to become brokers upon passing the broker exam without having to take the requisite courses required of an agent. Commonly more coursework and a broker's state exam on real estate law must be passed. Upon obtaining a broker's license, a real estate agent may continue to work for another broker in a similar capacity as before (often referred to as a broker associate or associate broker) or take charge of their own brokerage and hire other salespersons (or broker licensees). Becoming a branch office manager may or may not require a broker's license. Some states allow licensed attorneys to become real estate brokers without taking any exam. In some states, there are no "salespeople" as all licensees are brokers.[9]

Types of services that a broker can provide

[edit]

Real Estate Services are also called trading services [10]

Real estate brokers and sellers

[edit]

Flat-fee real estate agents

[edit]

Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example,[11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the property and negotiating a sales price.[11] The result is the seller pays less commission overall (roughly half) when the property sells.[11] This is because a seller will pay a percentage of the sales price to a buyer's agent but not have to pay a percentage to a seller's agent (because there isn't one; the seller is representing himself).

Brokerage commissions

[edit]

In consideration of the brokerage successfully finding a buyer for the property, a broker anticipates receiving a commission for the services the brokerage has provided. Usually, the payment of a commission to the brokerage is contingent upon finding a buyer for the real estate, the successful negotiation of a purchase contract between the buyer and seller, or the settlement of the transaction and the exchange of money between buyer and seller. Under common law, a real estate broker is eligible to receive their commission, regardless of whether the sale actually takes place, once they secure a buyer who is ready, willing, and able to purchase the dwelling.[12]

Economist Steven D. Levitt famously argued in his 2005 book Freakonomics that real estate brokers have an inherent conflict of interest with the sellers they represent because their commission gives them more motivation to sell quickly than to sell at a higher price. Levitt supported his argument with a study finding brokers tend to put their own houses on the market for longer and receive higher prices for them compared to when working for their clients. He concluded that broker commissions will reduce in future.[13] A 2008 study by other economists found that when comparing brokerage without listing services, brokerage significantly reduced the average sale price.[14]

RESPA

[edit]

Real estate brokers who work with lenders can not receive any compensation from the lender for referring a residential client to a specific lender. To do so would be a violation of a United States federal law known as the Real Estate Settlement Procedures Act (RESPA). RESPA ensures that buyers and sellers are given adequate notice of the Real Estate settlement process.[15]

Realtor

[edit]

In the United States, the term realtor is trademarked by the National Association of Realtors, which uses it to refer to its active members, who may be real estate agents or brokers.[16][17][18] In Canada, the trademark is used by members of the Canadian Real Estate Association.[19] Both organizations advise against the use of realtor as a generic synonym for real estate agent.[19]

Continuing education

[edit]

States issue licenses for an annual or multi-year period and require real estate agents and brokers to complete continuing education prior to renewing their licenses. For example, California licensees must complete 45 hours of continuing education every 4 years in topics such as agency, trust fund handling, consumer protection, fair housing, ethics, and risk management.[20]

Organizations

[edit]

Several notable groups exist to promote the real estate industry and to assist professionals.

  • The National Association of Realtors (NAR)
    • The Realtor Political Action Committee (RPAC) is the lobbying arm of the NAR.
  • The National Association of Real Estate Brokers (NAREB)
  • The Real Estate Institute of Canada (REIC)[21][22]
  • The Real Estate Roundtable[23]

Notable agents and brokers

[edit]
  • Alice Mason[24]

See also

[edit]
  • Buyer brokerage
  • Closing (real estate)
  • Estate (land)
  • Exclusive buyer agent
  • Flat-fee MLS
  • Home inspection
  • Index of real estate articles
  • Investment rating for real estate
  • Listing contract
  • Mortgage broker
  • Property manager
  • Real estate contract
  • Real estate development
  • Real estate investing
  • Real estate settlement company
  • Strata management

References

[edit]
  1. ^ "Real Estate Professionals Explained: Agent, Broker, REALTOR". Real Estate News and Advice | Realtor.com. 2014-03-10. Retrieved 2018-12-27.
  2. ^ "How Much Is Real Estate Agent Commission?". Bankrate. Retrieved 2018-12-20.
  3. ^ "FAQs". www.illinoisrealtors.org. Illinois Realtors. Retrieved August 16, 2018.
  4. ^ "Realtor Code of Ethics - Disclosure" (PDF). Real Estate Association Standards of Business Practice.
  5. ^ "Statutes & Constitution :View Statutes : Online Sunshine". Leg.state.fl.us. Retrieved 2014-02-10.
  6. ^ a b "Outline of types of representation available in Colorado, including Transaction Brokerage" (PDF). Dora.state.co.us. Retrieved 2014-02-10.
  7. ^ Evans, Blanche (2 July 2003). "Florida Implements Default Transactikn Brokerage Statute". realtytimes.com/. Realty Times. Retrieved 2 February 2014.
  8. ^ a b The 2007 Florida Statutes. Chapter 475 Real Estate Brokers — Part I; Real Estate Brokers, Sales Associates, and Schools (ss. 475.001-475.5018), Section 475.278 Authorized brokerage relationships; presumption of transaction brokerage; required disclosures (1) Brokerage Relationships: (a) Authorized brokerage relationships. — A real estate licensee in this state may enter into a brokerage relationship as either a transaction broker or as a single agent with potential buyers and sellers. A real estate licensee may not operate as a disclosed or non-disclosed dual agent ... (b)Presumption of transaction brokerage. — It shall be presumed that all licensees are operating as transaction brokers unless a single agent or no brokerage relationship is established, in writing, with a customer."
  9. ^ "Real Estate Broker's License: Examination and Licensing Application Requirements". New Mexico Administrative Code. State of New Mexico Commission of Public Records. 21 January 2021.
  10. ^ "Real Estate Laws Website". BC Real Estate Laws - Pat 1 Trading Services.
  11. ^ a b c Quigley, John M. (2000). "A Decent Home: Housing Policy in Perspective". Brookings-Wharton Papers on Urban Affairs. 2000 (1): 53–88. CiteSeerX 10.1.1.369.6806. doi:10.1353/urb.2000.0011. ISSN 1533-4449. S2CID 154714417.
  12. ^ "Getting a Brokerage Commission Paid | New York Law Journal".
  13. ^ Daniel Gross (20 February 2005). "Why a Real Estate Agent May Skip the Extra Mile". The New York Times. Archived from the original on 29 May 2015.
  14. ^ B. Douglas Bernheim; Jonathan Meer (13 January 2012). "Do Real Estate Brokers Add Value When Listing Services Are Unbundled?". The National Bureau of Economic Research. Working Paper Series. doi:10.3386/w13796. Retrieved 3 September 2016.
  15. ^ "CFPB consumer laws and regulations RESPA" (PDF). Consumer Financial Protection Bureau. Retrieved 13 October 2021.
  16. ^ Buch, Clarissa (20 April 2023). "What Is a Realtor? A Member of the National Association of Realtors". Realtor.com. National Association of Realtors. Retrieved 17 June 2023.
  17. ^ "Understanding the Difference Between a Realtor and a Real Estate Agent". The CE Shop. Retrieved 19 June 2023.
  18. ^ Colestock, Stephanie (August 13, 2021). "Realtor vs. real estate agent: What's the difference?". Fox Business. Retrieved 20 June 2023.
  19. ^ a b "Using the REALTOR® Trademark in Advertisements - CREA". 12 November 2020.
  20. ^ "Continuing Education Requirements". Ca.gov. California Department of Real Estate. Retrieved 26 June 2023.
  21. ^ "Professional Recognition of our Programs". Real Estate Division at Sauder, UBC. January 8, 2019.
  22. ^ "Real Estate Institute of Canada (REIC)". Thomson Reuters Canada Limited. Retrieved 8 January 2019.
  23. ^ "Lobbying Spending Database: National Assn of Realtors : 2007". Retrieved 2008-10-25.
  24. ^ Kodé, Anna (10 November 2024). "A Real Estate Queen and the Secret She Couldn't Keep Hidden". New York Times.
[edit]
  • Media related to Real estate agents at Wikimedia Commons

 

Tri-Valley
Area of the East Bay
Tri-Valley Landscape
Tri-Valley Landscape
Tri-Valley location in CA
Tri-Valley location in California
Tri-Valley is located in the United States
Tri-Valley
Tri-Valley
Location in the United States
Coordinates: 37°39′45″N 121°52′29″W / 37.66250°N 121.87472°W / 37.66250; -121.87472
Population
 
 • Total
361,000
Time zone UTC-8 (Pacific Time Zone)
 • Summer (DST) UTC-7 (PDT)

The Tri-Valley area is grouping of three valleys in the East Bay region of California's Bay Area. The three valleys are Amador Valley, Livermore Valley, and San Ramon Valley. The Tri-Valley encompasses the cities of Dublin, Livermore, Pleasanton and San Ramon, the town of Danville, and the CDPs of Alamo, Blackhawk, Camino Tassajara, Diablo, and Norris Canyon. The area is known for its Mediterranean climate, wineries, and nature. It is primarily suburban in character. The total population of the Tri-Valley was 400,213 at the 2020 U.S. Census. It offers more affordable living accommodations than the cities of San Francisco and San Jose.[1][2]

History

[edit]

The Ohlone tribe settled the area circa 2000 BC, particularly in the northern part of Pleasanton. In AD 1772, however, Spanish settlers involved with the nearby mission work at Mission San Jose restructured the Ohlone way of life.[3][4]

The area began to be developed when the Gold Rush ended. During this period, the area went from being marshland to agricultural.[5]

Climate

[edit]

The climate of the Tri-Valley is mild. Most rain falls in the winter. Snow almost never occurs, although it sometimes falls on the tops of surrounding mountains, especially Mt. Diablo. Summer days are in the 80s to over 100 °F, but nights are often cool. In winter, daytime temperatures reach the 50s and 60s, while nights are in the 30s and 40s, dipping on rare occasions into the 20s. Mean annual rainfall ranges from about 14 in (360 mm) in Livermore to 23 in (580 mm) in Alamo.[6]

Transportation

[edit]

The Tri-Valley is serviced by WHEELS, operated by the Livermore Amador Valley Transit Authority (LAVTA), a bus agency that operates local bus service throughout Livermore, Pleasanton and Dublin, including service to Hacienda Business Park, Lawrence Livermore National Laboratory, Las Positas College, Stoneridge Mall, the West Dublin/Pleasanton BART Station and the Dublin/Pleasanton BART station.

Two major highways, Interstates 580 and 680 cross the Tri-Valley area. Interstate 580 runs east-west, connecting the area to the Central Valley to the east and the North Bay area to the west. Interstate 680 runs north-south, connecting the area to the South Bay area in the south, and the Concord-Walnut Creek area in the north. The two interstates cross on the border of Dublin and Pleasanton.

The Tri-Valley area is also serviced by BART, offering service to the rest of the San Francisco Bay Area via two stops: West Dublin/Pleasanton and the Dublin/Pleasanton terminus station.[7] The West Dublin/Pleasanton Station opened in 2011, and was the first infill station on an existing line. In 2018, BART cancelled plans[8] to extend the line to Livermore. However, the Tri-Valley–San Joaquin Valley Regional Rail Authority is in the planning process[9] for a rail connection between BART, ACE, and the San Joaquin Valley called the Valley Link.

Corporate office buildings at the intersection of I-580 and I-680
Corporate office buildings at the intersection of I-580 and I-680

Economy

[edit]

The Tri-Valley is home to the corporate headquarters of many companies, including 10X Genomics, 24 Hour Fitness, Architectural Glass and Aluminum, Bay Area News Group, Blackhawk Network Holdings, CallidusCloud, Chevron, The Cooper Companies, Discovery Toys, Ellie Mae, GE Digital, Gillig Corporation, Patelco Credit Union, Prosoft Engineering, Ross Stores, SafeAmerica Credit Union, Safeway, Shaklee, TriNet, Veeva Systems, Visioneer, WANdisco, The Wine Group, Product10x Accelerator, Salestable and Workday.

Major employment centers include Bishop Ranch and Hacienda Business Park.

Lawrence Livermore National Laboratory and Sandia National Laboratories are also major employers in the region.

Aerial view of Schaefer Ranch Park in Dublin, CA
Aerial view of Schaefer Ranch Park in Dublin, CA

Recreation

[edit]

The Tri-Valley features access to many recreational options, including Alviso Adobe Community Park, Blackhawk Museum, Brushy Peak Regional Preserve, Del Valle Regional Park, Dublin Hills Regional Park, Eugene O'Neill National Historic Site, Forest Home Farms, Iron Horse Regional Trail, Las Trampas Regional Wilderness, Little Hills Picnic Ranch, Livermore Valley Wine Country, Morgan Territory Regional Preserve, Mount Diablo State Park, Pleasanton Ridge Regional Park, Shadow Cliffs Regional Recreation Area and The Wave Waterpark.

See also

[edit]
  • East Bay (San Francisco Bay Area)
  • Tri-Valley Community Television
  • Livermore Valley AVA

References

[edit]
  1. ^ CBS (2017). "10 Most Expensive Cities in America". CBS.
  2. ^ CBS (2017). "10 Most Expensive Cities in America". CBS.
  3. ^ "Chapter 9. Ohlone/Costanoans in the United States, 1847-1927" (PDF). Retrieved 11 February 2023.
  4. ^ "History of Pleasanton". pleasanton.com. Archived from the original on November 8, 2017. Retrieved 2018-01-01.
  5. ^ "History of Pleasanton". Museum on Main. Retrieved 2018-01-01.
  6. ^ "Cooperative Climatological Data Summaries". Western Regional Climate Center. Retrieved 2018-11-24.
  7. ^ "Station List | bart.gov". www.bart.gov. Retrieved 2018-01-01.
  8. ^ "Livermore Extension | bart.gov". www.bart.gov. Retrieved 2019-06-13.
  9. ^ "ValleyLink". www.acetobart.org. Retrieved 2019-06-13.

 

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Reviews for Ralph Hurtado REALTOR | EXP Realty


Tina Chang

(5)

Ralph Hurtado has been my realtor for over 12 years and I have referred him to all my family and friends. Personally, he has helped me sell 3 and purchase 2 of my homes. He is honest, hard working, and someone who has high integrity and morals. When I asked for his guidance on whether we should sell my parents' home which would result in a pretty large commission payment to him, he proposed that we rent it out for a few years first before putting it on the market in order to save us money. Ralph will always put his client's interest first over his own because he genuinely cares about you. He has also made each sale or purchase stress free for me because he helps coordinate everything behind the scenes like scheduling the home inspection, house cleaning, photography, staging, etc. He keeps me informed on every stage of the process. I can call or text him numerous times throughout the day and he will respond within minutes. Even when it was a buyer's market, he manages to secure the best terms and prices for my properties, often receiving asking price or above asking. I have never worked with anyone who has gone above and beyond like he has. Ralph is an expert in his field and I highly recommend him for all of your real estate needs.

Steve Mapes

(5)

Had very little to do with real estate agents before meeting Ralph Hurtado. I was a general contractor, acquiring the land and building houses during the week and preferred to put my for sale signs out and sell them on the weekend myself. Constant increasingly complicated real estate contracts that were difficult for me to understand and the advent of a growing real estate fraternity with their sophisticated methods of advertising, etc., convinced me that employing a real estate agent would be the best method to get the highest sale's price while staying out of legal problems. I interviewed many real estate agents that I saw around town before choosing Ralph Hurtado to sell my house in Union City. I did what Ralph told me to do to the house that would give it the most sale's appeal and we set ( mostly him ) the sale's price accordingly. Obtained a buyer in a short amount of time at full sales price. I was very happy with the outcome, don't think I left anything on the table concerning the sale's price and I liked the ease of that transaction so much that I had Ralph find a duplex in San Leandro that I bought and renovated. Again I was also very satisfied with the outcome. What I like about Ralph is that he is always available ( not two days later as often is the case these days ) to respond to concerns and questions that I have about real estate. For instance, how much do I increase the rent on my rental units. He keeps me informed on what is happening in the real estate world. For instance, he encouraged me for renters to get rental insurance because protects both landlord and renter. In fact, he must get tired of all my questions, but never does. Square shooter who covers all my bases; therefore, he is and will continue to be my real estate agent..

gavin c

(1)

Non-stop spam calls from this guy. Stop calling me!!

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Frequently Asked Questions


Call 877-740-0009, or book online at ralphhurtado.com

Sellers can do a pre-listing inspection to uncover issues before listing. Buyers also have the right to pay for and should be advised to get their own inspections.

Pleasanton, Livermore & Dublin are warmer in the summer months, while those closer to the bay have cooler temperatures and occasional fog. I believe the city of Hayward brings a balance to both.

For example, I perform a Comparative Market Analysis (CMA) using similar sales, current market trends, and property condition to come up with a value or pricing. However, each property is unique in its value based on factors that include location, architectural style, upgrades, and neighborhood desirarity. No two homes are exactly the same and that's why I take detailed approach to pricing. I make sure that your home value is well portrayed in the current market through the use of comparable sales analysis and including distinctive features. The listing price is at the discretion of the sellers, based on their objectives and market situation, and the final sales price is determined by the buyers through their bids and negotiation. There are appropriate strategies for pricing a property that will increase the chances of more people being interested and as a result, the sale price being higher.

The real estate agent receives his or her fee based on the sale of the property. First of all, brokers keep the same price for the service no matter how your house has been sold and you include the fact you have found the buyer yourself. Our system offers you total choice. On the other hand, there is an idea; don’t pay for something you might not require. Our fee structure is flexible and tailored to your specific situation, which means you only pay for what you use.

We serve the following areas: Alameda, Contra Costa, Santa Clara Counties.

The value of your home depends on location, condition, current market trends and comparable sales of similar properties. In order to get a fairly accurate picture of the current market value of your home, I would recommend either I come out and do a 15 minute walk through and can offer a no obligation Comparative Market Analysis (CMA) – contact me today!