Funky Foto Contest Winner Week 69

carls

So, it would appear that plenty of you know this place! Of course that tile roof  belongs to Carls’s Jr over there on Triton Drive. This weeks winner was Ranjana Suresh who receives the $30.00 gift card to Chevy’s. Great job Ranjana! Also in the running was Isha, Shrikant, Jeff Deeney, Michael Sit, GS-Dos, Jim S, Gary O, Michelle (who slyly answered “Green Burritos”!) Edna, Erika, Ben, Trisha, Karla, Brian Wong and Kirk. Way to go you guys! Come on back again this Friday when we’ll do it all again!

Is Social Media For Real?

I think this video is astonishing and indisputable. Very, very intersting!

Funky Foto Contest Week 69

tile-roof

There’s sure alot of tile roofs around our area, huh? The question today is, exactly what is under this particular tile roof? This weeks winner will receive a $30.00 gift card to Chevy’s at Edgewater Place. All the rules of the road are available to view on the left hand margin as well as on the bar above. The winner along with all other correct answers will not be published until Monday morning. All attempts at humor, cracks, quips and snappy retorts along with all incorrect answers will be published ASAP. Have a great weekend!

Good Roads

fostercity

I often have to laugh at how many,many categories there are for which we find ways to congratulate ourselves. I know in Real Estate there are awards within each company for just about anything and everything you can imagine. It doesn’t take a whole lot of success for somebody to get a plaque, or something, come the end of each year. We just simply like to pat ourselves on the back from time to time…I guess just because it feels good to do so.

Well that philosophy also applies to citys and towns. Turns out a group called the Metropolitan Transportation Commission has honored Foster City as having the best roads in San Mateo County! Turns out that FC was third out of the entire 108 municipality Bay Area too, and all of this determined by the pavement condition index (whatever that is!).  There was a nice article in the San Mateo Daily Journal on Tuesday about this achievement and I would encourage you to check it out.

I don’t actually mean to be smart alecky, really, and I’m sure there’s a bunch of very worthy individuals who have been, and continue to be responsible for making sure Foster City’s streets are in top shape. It’s just that it seems funny to me that there are folks out there whose job it is to index and rate pavement condition for every town in the Bay Area. It’s such a good thing that we don’t have snow here! When I lived in Denver 20 years ago, a heavy snowfall was followed by the city dropping tons of rock salt and gravel onto the city streets to create traction…which was followed by melting, runoff and, finally,  pot holes when all was said and done. You could lose your whole car in some of those pot holes! All the roads around here seem pretty darn good to me. Congratulations for being the best!

School Daze

audobon

Many of you have been really aware of the problem of overcrowding in the local schools, exacerbated by the economic slump that’s forcing plenty of families to move kids from private schools to public out of financial necessity. What we now have is a problem…way too many kids for the existing schools, particularly the elementary schools.

The solution from the school board seems to be the creation of a fourth elementary school in one of four proposed locations, on part of the 15 acre site, at Port Royal Park, on 3.9 acres at the end of Halibut at Beach Park and at Boothbay Park. A big city council meeting is planned on August 31 to discuss the planned sites and, interestingly, there’s folks who are quite passionate about these choices. Particularly Boothbay Park, which has a ground swell of local neighbors who are opposed to developing this location.  They’ve created a website to fight this battle, saveboothbaypark.com and will certainly provide some interesting dialog at that meeting on the 31st.

All this without the usual debate about a High School. Schools are, with good reason, a very hot topic and in Foster City where the quality of education and the test scores are consistantly so high it’s not a surprise how passionate folks are. The interesting thing here is how passionate they are about the parks as well!

Funky Foto Contest Winner Week 68

ryan-park

I know, I know…it was too easy. Oh well! That little forest shot from Friday is, of course, in Leo Ryan Park. Friday’s winner was Ryan Chin who wins the $30.00 gift card to Sweet Basil at Beach Park Plaza. Also arriving with the correct answer was Narayanan, Bill, Trisha, Alex O, Ellen, Nike, Asif, Shrikant, Lynn, Erika, Michelle Kwok, KirkM, Karla and rounding out the K’s…Kavita. Good job folks! Keep coming back…we’ll be here again this Friday!

So, I Like Cats…

Come on! Cat’s are pretty cool!

Funky Foto Contest Week 68

woods

Kind of woodsy, huh? Kind of Northern California actually. Doesn’t really give you the typical Foster City vibe in this location so I thought it might be a decent funky foto. The question is…where is this little forest? Today’s winner will receive a $30.00 gift card to Sweet Basil Thai over on Beach Park. All the rules of the road are available to view on the bar above and on the left hand margin. The winner and all other correct answers will be published on Monday morning. Any and all attempts at humor, quips, barbs and all wrong answers will be published immediately. Thanks for playing…have a great weekend!

No Such Thing as a Stupid Question…Kind Of

stupidquestionsov9

It’s always been sort of common to hear kind of “off” questions at open houses I would hold. Actually, stupid questions really. For the house that’s completely empty of all furnishings, “Is the house vacant?” For the fixer upper that needs a new roof, furnace, plumbing, electrical and has a foundation problem, “Will the seller fix all that? How about the seller in 2009 who asks ” Can’t the buyer just let us live here rent free for 30 days after closing?”

You know what? I can get on a roll with this! The buyer that says “Hey! The Title Company cashed my deposit check! Are they supposed to do that?” The agent who asks, “Did the seller accept my client’s offer?” when said offer is $150,000 under the asking price when we had 8 other offers. Then there’s these, “Can we go looking at houses at 8:00AM on Sunday morning?” or “I’m only interested in a house with at least 2000 minimum square feet inside and on a 10,000 sq ft lot, at least 4 bedrooms…can I find that for under $600,000 in Foster City?..and can I buy it via a contingency offer on my home in Redding?”

I’ll bet you think I’m making this stuff up, don’t you? I’m not, I promise! Well, here’s a common question heard at almost every open house…and I used to think it was kind of “off” too. “Where are the sellers going?” That question get’s asked alot! Honestly, there’s usually a very finite amount of answers to that question too. Most likely it’s because the house became either too big (kids grown and gone)or too small (kids not grown and home), there was a job change or a life change (marriage, divorce) or the family’s liquidating an asset. I’ve frequently had to laugh though at this question because it’s seemed that the question comes with an expectation of some weird answer. When someone asks me that they look at me waiting for me to say something like “well, the sellers just got tired of living on top of all the toxic waste under the house” or “Mr. Smith went bananas and shot poor Mrs. Smith right there by the fireplace…after he went to prison the family needs to sell the place”.

You know what? I ask this question all the time myself…because every once in a while the truth is exactly one of these crazy sounding answers! It’s really a very good question! When I was a kid my Dad had this routine every time we went out to eat. He always asked the hostess “How’s the food here?” It used to really embarrass me! Typically they would chuckle and rave about the food. One time when I was about 14 he asked a young girl that question and she looked around and told him “It stinks!” Hmm, I guess my Dad wasn’t so dumb after all!

Conflict Resolution

conflict-resolution

On my business card it says Jim Minkey, Realtor-Associate. It really ought to say Jim Minkey, Conflict Resolution. The 2009 market is in constant conflict. Where’s all the dissonance you ask? It’s in the immovable object that’s often reflected in the sellers right now vs the irresistible force that is embodied currently by buyers. Sellers read the same media that buyers do…and there’s been an awful lot of stories lately about how the economy is improving, how the bottom has been hit and how buyer’s are back looking at, and making offers on homes. Sellers are actually feeling something they haven’t felt in awhile…some confidence!

Meanwhile, buyers who have entered this marketplace have no desire at all to repeat the mistakes of the last group that went through this process. The idea of overbidding leaves them cold. Actually, offering the asking price itself seems distasteful to most buyers right now. They all want a deal and not only do they want one…they expect one! Thus it’s sort of inevitable that somebody is going to have some unmet expectations.

The other day I wrote and presented an offer, along with 2 other agents on a house in San Carlos listed for $799,000. We had the best offer at $790,000…and the sellers not only wouldn’t take the offer, they refused to counter as well. The listing agent took the house off the market yesterday afternoon. In some cases, sellers have taken several price reductions already, and then get an offer well under their asking price. In their minds they’ve already lost enough money and want to fight for every penny left.

My own listing at 900 Flying Fish got 7 offers on Friday afternoon…and only one of them came in at or close to the asking price. A couple of years ago any property that got 7 offers automatically got $100,000 over asking. One of the offers came in $150,000 under the asking price! (Talk about a waste of time!)

Who knows how long this funny dance will go on…probably the rest of this year for sure. Maybe this is the way it’s supposed to be. Maybe this is what negotiation was all about way back when! Everybody had to give something to make a deal happen. That’s not such a bad thing, is it?