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Monthly Archives: March 2014

Off Market Listings Only Reduce the Profits for Home Sellers

Off Market Listings Only Reduce the Profits for Home Sellers

Off-market, private, or pocket listings are becoming more and more commonplace as sellers are somehow being persuaded to keep their properties off of the Multiple Listing Service during this hot real estate. 

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Staging a Listing is a “MUST” in Any Market

Staging a Listing is a “MUST” in Any Market

Staging is Worth the Investment

Staging has entered into the ‘standard of practice’ in preparing a home to place on the real estate market.  Making a great first impression, whether via photos on the web, or as the purchaser walks into the front door, has never been much more essential when marketing a property.  In fact it is tantamount to having a listing look it’s best for the marketplace.

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How to Choose the Right Neighborhood for You

How to Choose the Right Neighborhood for You

Things to Consider for Choosing Your Neighborhood

Finding a good neighborhood to live in is probably more important as choosing the actual physical home. The neighborhood needs to be secure, fit your budget and your ideal lifestyle.

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Mid-Peninsula Regional Open Space Seeks Public Funds for Parks & Open Space

Mid-Peninsula Regional Open Space Seeks Public Funds for Parks & Open Space

Votes in the MidPen jurisdiction, which includes many cities in San Mateo and Santa Clara counties will be presented with an opportunity to approve a bond measure to help fund a $300 million bond measure for park funding.  A two-thirds vote will be necessary for approval.

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Palo Alto Foothills Park to Expand?

Palo Alto Foothills Park to Expand?

Weigh in on the Palo Alto Foothills Park Expansion

The Palo Alto Resident-Only Foothills Park may be expanding under a current proposal in front of the Palo Alto City Council.  In a memo to council members 7.7 acres of city-owned land next to the exclusive Foothills Park preserve was described as an environmentally important riparian (next to water) corridor.

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Dual Agency Only Creates Conflicts & Increases Risks for All Parties

Dual Agency Only Creates Conflicts & Increases Risks for All Parties

Fiduciary Duty to Whom? Real Estate Teams Can’t Possibly Uphold Their Fiduciary Duties To Sellers

A dual agency real estate relationship exists when a real estate agent or a broker represents both sides of a real estate transaction.  A common theme in today’s marketplace is where a “Team” hosts an Open House and if a buyer walks in and wants to offer on the house the “Team” will provide a buyer’s agent.  Well, in this situation, the fiduciary duty owed to the seller goes right out the window because the “Team” has both “implied” and “actual” knowledge of the seller’s inside information.  It’s impossible for the “Team” to adequately and faithfully uphold their fiduciary duties to the seller in this fact pattern.  How can a “Team”  representing both the buyer and seller in the same transaction get the highest price for the seller and the lowest price for the buyer without communicating confidential information during this exchange?  It’s impossible.  By definition an agent is required to act as a fiduciary towards their clients, however, under a dual agency scenario it is impossible to be a fiduciary for both a buyer and a seller in the same transaction; and splitting up a buyer’s agent from the seller’s agent in a scenario where they are from the same “Team” such as this does not pass the smell test.

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New and Expanded Farmer’s Market in Palo Alto

New and Expanded Farmer’s Market in Palo Alto

Palo Alto’s California Avenue Farmers Market – Kick-Off This Sunday

The new and expanded California Avenue Farmer’s Market is kicking off this Sunday, March 23 from 9A to 1P.  This expanded market will help the city’s massive streetscape project which also began this week. 

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Palo Alto Makes the City “Bike-Friendly”

Palo Alto Makes the City “Bike-Friendly”

Palo Alto Plans New Bike Routes Throughout City

Three decades after Palo Alto turned Bryant Street into the nation’s first “bicycle boulevard,” the city council is hearing a proposal to create similar bike-friendly routes on Greer Road, Wilkie Way, Park Boulevard and Stanford Avenue.

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Palo Alto High School Gym Bids Farewell

Palo Alto High School Gym Bids Farewell

Many Memories Were Made at the Palo Alto High School Gym

After 85 years of being a focal point for Viking pride and hosting thousands of events such as games, dances, and rallies, Palo Alto High School community members, esteemed alumni, and current students and staff will spend the afternoon of Sunday, March 16, bidding farewell to their beloved gymnasium. 

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New Alma Village Grocery Store Sign Getting Complaints

New Alma Village Grocery Store Sign Getting Complaints

Some People Think it’s Too Big

A supermarket that is expected to open in Palo Alto’s Alma Village next month is already drawing complaints over a large sign that recently was installed on Alma Avenue. The large sign is crucial for the grocery store’s survival according to the owner, and the City Council has already approved the size of the sign.

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Electric Vehicles Get Preference in New Palo Alto Homes

Electric Vehicles Get Preference in New Palo Alto Homes

In an effort to be more green oriented the Palo Alto City Council unanimously approved a requirement for all new homes built in the city to be pre-wired to charge electric vehicles. 

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