Profile picture for Avi Urban

Avi Urban

Agent

11 Recent Sales (last 12 months)

Realtor (10 years experience)

Specialties:
Buyer's Agent,
Listing Agent,
Relocation,
Real estate investment expert

Advice

  • (7 Contributions,
  • 0 Best Answers,
  • 0 Helpful)

Contributions are sorted newest to oldest.

Urgent help in what to put an offer on !!!!

Response

As someone who services this zip code, the best advice I have for you is find yourself an excellent realtor who will guide you through the maze of buying your first home. You'll face many more challenging questions during this process and you'll be hundred times better off having a professional with your best interest on his mind next to you.Good luck

  (0)
update appliances

Answer

 There are many factors that impact the fair market value of your house and what will be the eventual sale price. The most important one are the one you cannot change or are expensive to do so (location, schools, size, facing etc) and of course the market condition. The most important decision you'll make is the timing of putting the house on the market, the list price and how you'll market the house. Hence, replacing the appliances is a "nice" to have feature but secondary to the other factors. Price it right, create the buzz and you'll have multiple offers and price biding. Good luck.

  (0)
does it make sense to live in a rental and buy a home elsewhere?

Answer

Good questions and there are many implications.Generally speaking with a 20% down payments and at 5% interest rate, its is cheaper to be a renter in the Silicon Valley than a home owner. Obviously there are other considerations for being a home owner that are significant and to lots of people are more important than just the financial consideration. The key question is do you know where do you plan to retire? If you do, it will make a lot of sense to buy a house now and let the renter pay for it for the next 5+ years. In addition, you also may have tax benefit that currently as a renter you do not have. Talk to your tax advisor about them.As someone who is a great believer in real estate investing, It may work for you both financially as well as eventually living in your own house.You should also be aware that there may be issues associated with being a landlord. Especially if the place you thinking about retiring is over 60 min drive from your current residence. In this case you should hire a property management company to mange it for you.Best regards and good luck

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Buyer agent relationship after closing the house.

Answer

Debra,First, sorry for being unaware of the posting rules.Second, I do not share your POV regarding Kumar best course of action. I believe there are too many bad apples and the best outcome for the sake of our clients and the industry is to point and push these folks out.If this particular person had whatever kind of problem, a simple note of "I can't get back to you now, will do it later" will serve them very well.Best regardsAvi

  (0)
Buyer agent relationship after closing the house.

Answer

Kumar,This is an unacceptable service and agent like this one should be flagged. Go to Yelp.com and report your experience so that everyone will avoid her in the future.But let me ask you a question – why did you choose to work with this agent the first place?Were you referred to her?Did you do your homework regarding her reputation?If you need names of reputable contractors, call and I'll be happy to assist.Regards,Avi Urban[contact info removed by moderator]

  (0)
I am looking for a forum for home buyers

Answer

I don't have a direct answer to your question but you try the local news papers, Craigslist, or Sell by Owner web site.Saying that, I'm curious about what are you trying to accomplish?If you trying to avoid paying the realtors' commission you are doing a disservice to yourself. Real estate transaction is not a rocket science but is not trivial either. There are many moving parts that require expertise and experience and if not done right can lead to problems that will result in financial loss, litigation etc. Particularly in Palo Alto where a typical transaction is well over a million dollar, the commission is secondary to getting the right deal and getting it done right

  (0)
Intermediary Agent - good idea?

Response

In most transaction (cars, stock, real estate, etc) each side inherently have different objectives. They can be price, time, contingencies, condition, etc. In my humble opinion there is No WAY that an agent can do justice to both side of the transaction. If he acts as a mediator, he is not doing his job. Representing both sides is called dual agency. Most law suits against realtors are brought against those who are acting as dual agents.

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