Living in Big Bear Lake

Category: Uncategorized

  • Compass Concierge

    The housing market is more competitive than ever, with most buyers looking for nearly turn-key properties. It is up to us agents to get your home market-ready, while still maximizing the return on your lifelong investment.

    As a Compass agent I have access to our exclusive Concierge Capital program, provided by our lending partner Notable. This program allows my clients to apply for an interest-free loan, with no upfront costs or hidden fees! Using your Concierge Capital funds, we will come up with a refresh plan together, to identify the items we need to get your home looking its best! The goal of Concierge is to identify and execute impactful upgrades or repairs that buyers want, giving us the best chance at the highest price for your home with minimal financial investment.

    Thousands of Compass clients across the country are seeing success with our program. With over 8,000 Concierge projects under our belt, we pride ourselves in understanding what makes a home sell. Check out some of my favorite case studies here from fellow Compass agents around the country, showing just how impactful our program can be!

    Let’s connect soon to talk about how we can sell your home faster, and for a higher price!
  • Expanding Compass Concierge & Bridge Loan Services

    Expanding Compass Concierge & Bridge Loan Services

    Today, based on the resurgence we’re seeing in the real estate market, Compass has announced an expansion of Compass Concierge funds. The details of how we are increasing the funds to support  are below.

    With all of these enhancements to come and more that we haven’t even dreamed up yet, that the story of Compass Concierge and what we can offer sellers is just getting started… Here are a few screenshots of Compass Lens, new “favoriting” functionality, and the Concierge Project Tracker all coming this month.

    View before and after Concierge images as well as the impact on selling price and DOM by project type using Compass Lens (this link):

    Expanding Compass Concierge & Bridge Loan Services
    The new “favoriting” feature in Compass Lens gives great project ideas, launching in Mid-June:

    New Concierge Project Tracker, launching at the end of June:

    Details of Concierge Expansion:

    1. Continuing to offer up to $15,000 for Compass Concierge projects for all primary residences up to $3 million outside of 2nd home markets, with no interest and no hidden fees 
    2. Reopening Compass Concierge on June 15th in the following 2nd home markets Hamptons, Santa Barbara, Montecito, Carmel by the Sea, Napa, Naples, and Cape Cod 
    3. Expanding Compass Concierge from $15,000 to $25,000 in markets where >80% of homes at or below $3 million sell within 12 months (list and status of eligible markets) — for a ~10% fee but only on the dollars used above $15,000. Every week we will evaluate which additional cities we can open based on the 80% threshold.
    4. Starting June 15th, Notable will allow exceptions so that Concierge funds can be transferred to a seller’s account by submitting a vendor invoice with the request. 

    I’m also excited to share that the Bridge Loan Advance is coming back starting on July 15th! This means that we’ll again be able to offer our sellers up to six months of their bridge loan payments fronted via the Bridge Loan Advance by Notable, an independent lender. If you’d like to see details about this program, here’s a link https://www.compass.com/bridge-loan-services/rachael-smith

    You can also see more information about Concierge at this link: 

  • National Real Estate Market Update

    April’s Pending Home Sales index of signed contracts on existing homes fell 21.8%, but the National Association of Realtors chief economist expects this will be the lowest point for contracts, and May the lowest for closed sales.
    Zillow agrees. They report in the week ending May 10, newly pending sales nationwide were up almost 50% from the same period in April, plus, new for-sale listings were up 12.5% monthly and home values up 4.3% year-over-year.
    New Home Sales already turned the corner in April, up 0.6%, to 623,000 annually. These deals were done at the height of state lockdowns, as buyers jumped on lower mortgage rates and affordable home prices.

  • Review of Last Week

     
    INVESTOR WALLETS REOPEN TOO… As the economy slowly reopened, investors reopened their wallets. Following the buying spree, the three major market indexes posted sharp gains for the week and month.
    Uncertainty over Sino-U.S. relations arose after China tightened its grip on Hong Kong. The U.S. responded with strong measures, but investors were happy the President brought up neither tariffs nor the Phase One trade deal.
    Personal Income spiked 10.5% in April, boosted by the CARES Act stimulus checks and extra jobless benefits. The personal savings rate rocketed to a record 33.0%, and that money could certainly help speed the recovery.
    The week ended with the Dow UP 3.8%, to 25,383; the S&P 500 UP 3.0%, to 3,044; and the Nasdaq UP 3.4%, to 9,490.
    There were enough China worries to lift bond prices. The UMBS 3.5% ended UP 0.11, to $105.50. The national average 30-year fixed mortgage fell to a new all-time low in the 50-year history of Freddie Mac’s weekly Primary Mortgage Market Survey. Remember, mortgage rates can be extremely volatile, so check with your mortgage professional for up-to-the-minute information.
    DID YOU KNOW?… Freddie Mac says “unprecedented rates” are why “purchase demand rebounded from a 35% year-over-year decline in mid-April to an 8% increase as of last week,” even with “the sharp contraction in economic activity.”
  • COMPASS CEO: Seeing a rebound in Residential Real Estate

    COMPASS CEO: Seeing a rebound in Residential Real Estate

    During these ever-changing times, it’s my goal to keep you informed and up to date on the latest trends we’re seeing in the housing market. O
    ur CEO Robert Reffkin, told CNBC that while this is unprecedented, there are clear signs that the market is rebounding, and will continue to rebound. 

    Robert shared that across our 135 markets, we saw real estate activity bottoming out 2-3 weeks ago. We have seen the number of in-contract homes bounce back to pre-COVID levels in over 90% of those markets. We are hopeful this rebound will soon be replicated in areas where stay-at-home orders have not yet been lifted. 

    In the midst of uncertainty, I am proud that we’re able to successfully help our clients buy and sell homes with our suite of Virtual Agent Services. If you are in need of real estate services, or know someone who is, please don’t hesitate to reach out.
  • FOR SALE- 1019 SAHUARO- BIG BEAR LAKE, CA

    FOR SALE- 1019 SAHUARO- BIG BEAR LAKE, CA



    We are LIVE on this great Log Cabin in the Moonridge area of Big Bear Lake!


    Looking for that cabin in the woods? Looking for investment opportunity? Here it is! Great location in Moonridge…..everything you could need or want in a home!! 3 bedroom/2 bath over 1700 sq. feet! The current owners use as a successful AIRBNB but makes for an excellent primary or secondary home with quick access to all parts of Big Bear that you would want to be. This log cabin offers a covered deck in the front with a great vibe for relaxing, concrete patio lined with rose bushes for those enjoying summer night BBQ’s. Naturally landscaped, low maintenance yard. Tons of storage in extra storage room in the garage and through additional door in garage which allows under house storage….Newer home built in 2003l!!


    All of this for $469,900!  


    Link for more photos here:


    https://www.compass.com/listing/1019-sahuaro-way-big-bear-city-ca-92314/10486414110195169/

  • Get Outside with a Neighborhood Scavenger Hunt

    Get Outside with a Neighborhood Scavenger Hunt



    May 24 is National Scavenger Hunt Day! What better way to enjoy a three-day weekend and explore the neighborhood than with a scavenger hunt. This activity is friendly for all ages.


    See how many items you can find on the checklist below, and send me a photo of your favorite item! 
  • Why COMPASS?

    Why COMPASS?

     Why Compass?


    Our mission is to help everyone find their place in the world. With access to innovative technology tools and services, we’re redefining the home selling experience for clients like you.  Find out more about how we’re guiding sellers to their dreams every day, one home at a time.





     Innovative Technology


    Compass technology is designed to enhance and streamline how you and I collaborate at every step while selling your home. We’ll have our finger on the pulse of the market at all times, with powerful insights that ensure your home is in the best possible position to sell.






     Unique Selling Programs


    Our programs are tailored to your selling needs. 

    Compass Concierge helps sell your current home faster and for more money. Compass Bridge Loan Services can give you the power to make an offer on a new home, without rushing to sell your current one. Compass Coming Soon increases your home’s exposure, giving prospective buyers access before it hits the market.





     A Modern Approach to Design


    With more than 150 designers, strategists, and producers from the world’s foremost creative companies behind the Compass brand, I have best-in-class materials at the ready to attract potential buyers to your home in an eye-catching way.







    Access to a Nationwide Network

    With 15,000+ agents in the top 20 U.S. markets as colleagues, I have an expansive and collaborative community surrounding me that provides unlimited co-brokering and referral opportunities, in turn putting your home in the hands of potential buyers across the country.
  • COMPASS INSIDER

    COMPASS INSIDER

    In times like these, we are committed—now more than ever—to help everyone find their place in the world. When you are ready, we will support you with our talented teams, and innovative technology to deliver the best experience to buy or sell your home.
    Here’s what you should know.
    Meet Our Leaders

    In the last 3 months—industry leaders from Amazon, Tesla, and Google—who understand the remarkable value Compass provides, joined in our mission to build the primary end-to-end platform for real estate.

    EXPANDING OUR TECH
    In response to the global crisis, and stay-at-home orders
    in many states—we have been building the most
    advanced programs and dynamic tools to streamline 
    our services for you, without leaving the house.
    Virtual Agent Services

    Virtual Agent Services is an exclusive suite of marketing and transactional services available to all Compass clients. Includes, virtual open houses, interactive video showings, virtual staging, digital ad insights, and so much more.

    Compass Lens

    Compass Lens is a cutting-edge technology that uses Artificial Intelligence to give Compass clients the power to visualize how Compass Concierge can transform a listing and improve the sale price.

    Marketing Center


    Marketing Center is a digital platform that allows us to create everything we need to market your listing using high-quality designs. We just launched the Video Generator feature to create a custom listing video in minutes. 

    Stay tuned for more.

    Lastly, our Compass Cares program partners with and 
    brings awareness to local organizations that 
    help support the most vulnerable during this time, as well as
    our healthcare heroes and front-line workers.
    If you want to learn more and connect, please reach out.
    We are here for you!

    Stay healthy and safe.

  • Improve Your Home on A Dime

    Improve Your Home on A Dime

     Thinking about getting your home on the market when things are a little back to normal? 

    On a budget? Check out these affordable DIY transformations to prepare your home to look its best. 

    REPLACE YOUR FRONT DOOR
    Remodeling Magazine reports that replacing your front entry door with a steel door offers one of the best returns on investment for homeowners. On average, homeowners recoup 85.6% of the cost of a steel door when they sell their home.


    USE WALLPAPER
    Get the look of a marble backsplash or subway tiles using contact paper or peel and stick tiles. Wallpaper can also be a great way to make a statement and give your home more texture and detail.

    RESURFACE THE CABINETS
    According to a recent survey by realtor.com, 80% of homebuyers placed the kitchen in their             list of top three most important spaces. Instead of replacing all of your
    cabinets try a fresh coat of paint.