Profile picture for Kevin & Naomi Kieffer

Kevin & Naomi Kieffer's Advice

Contributions are sorted newest to oldest.

  • 64 Contributions
  • 0 Best Answers
  • 7 Helpful

Kevin & Naomi Kieffer wrote:

How long after closing does the seller get paid?

Answer
In California, specifically northern, CA, the seller proceeds are available after recording which is the next business day after funding. You can pick up hard checks or have the escrow company wire those proceeds directly to your account. Kevin R Kieffer, Broker Associate, Keller Williams Realty - Walnut Creek & Danville, CA 
June 05 2012
(0)

What questions should a consumer ask of potential listing REAs?

Response
The top three questions a seller should ask of their agent from my perspective and experience is as follows:1. What is  your marketing plan for our property2. What is your track record with listings3. Do you have any previous clients who would be willing to share their experience (zillow reviews is a good start).Kevin R Kieffer, Broker Associate, Keller Williams Realty: Walnut Creek & Danvillle, CA[photo deleted by Zillow  moderator.  Please see our Good Neighbor Policy]
June 02 2012
(0)

Is it worth time/money/effort to upgrade & repair a rental home or just sell as is?

Answer
Having fixed and flipped 50+ homes in the area since 2008, I highly recommend fixing the property to be in turn key condition. You don't want to over improve, however, you do want to bring it up to the highest level of improvements relative to area homes for sale. By doing so, your property will likely be first to go pending. With FHA loans still readily available, most of those buyers want a turn key home as they are looking to purchase with 3.5% down and don't have the extra cash after closing to do the improvements. Kevin R. Kieffer Broker Associate, Keller Williams Realty Northern California - East Bay
March 25 2012
(0)

Is this a good time to sell?

Response
I can only speak for the Northern California market and more specifically the east bay. Emphatically yes. If you put your home on the market at or near recent comparable sales, you will very likely get multiple offers. Inventory is extraordinarily low and buyer interest is extremely high as is common with the spring market coming into full swing soon. However, with rates being this low and the media pumping up the market as well as the overall trending positive outlook on the economy, buyers are out in droves. Go for the high end of your market and my bet is you will be pleasantly surprised with the buyer interest. Cheers! Here's to a great spring market.Kevin R Kieffer Broker Associate, [phone removed by Zillow moderator]
March 22 2012
(0)

Our home is currently for sale and we are trying to be as aggressive as financially possible in the

Answer
The best pricing strategy in this market is to price close to the nearest comps of a recent comparable sale. This shows the buyer and the selling agents that you are very motivated and pricing within a reasonable price point. Motivated buyers are out there. Just have to be sure you are priced to sell. Kevin R Kieffer, Broker Associate, Keller Williams Realty, Northern Calfiornia
March 21 2012
(0)

If I get an offer, what how much should be given as a good faith deposit?

Answer
Customary earnest money deposits (EMD) vary by state. In California the max liquidated damages is 3 percent. Therefore it is common for the initial depositto be 1.5 percent of the purchase price. Then another 1.5 percent increase deposit 1.5% of purchase price once all contingencies are removed. Kevin R. Kieffer, Broker associate, keller Williams realty northern california Bay area
March 21 2012
(1)

What happens to Days on Market when a property goes off the maket for a while?

Answer
Days on market policy varies by MLS. In Alameda & Contra Costa County (Northern California), the days on market run till the property is sold or if the property is removed from the market for 30 days, then it shows new DOM figure. Zillow should mirror the same data if an agent is posting their listing up manually. However, if the agent is not actively removing the listing and putting it back up then it may show contiguous days on market. Kevin R. Kieffer, Broker Associate, Keller Williams Realty - Offices in Danville & Walnut Creek California
January 09 2012
(0)

Is the listing agent legally obligated to present a copy of the written offer to the client?

Answer
Yes. Under the listing agreement, the listing broker is required to present any and all offers, both written and verbal. Any agent withholding offers is violating his/her duty to their seller.
December 12 2011
(0)

Can an agent force me to sell even if the price is lower than my expectation?

Answer
An agent cannot force anyone to sell a home. However, agents can claim compensation due if you were presented with an offer at or above your asking price and the terms were also agreeable. Their recourse could be mediation & arbitration if those terms were included in your contract. A buyer can attempt to force a sale as well but this is also a rare occurrence. They also can take legal recourse if they felt their offer was reasonable and met or exceeded your offer price. It's a tough battle on both fronts. In either case, I would move on to the next transaction and advise my buyer to do the same with a remorseful seller.   Kevin R. Kieffer, Broker Associate, Keller Williams Realty – Walnut Creek, CA
September 19 2011
(0)

Does the bank have the right to reject a loan because the roof is in bad condition?

Answer
Yes they do. If the roof is determined to have zero life or active water penetration, then the bank will want the roof replaced prior to funding of the loan. This is one of the most often called out conditions on a home that holds up funding. Kevin R. Kieffer, Broker, Keller Williams Realty Walnut Creek, CA
September 10 2011
(1)