Steve Uhlir of SURE Real Estate was unanimously selected by the City of Del Mar’s City Council, Mayor, and City Attorney to be the Exclusive Listing Broker and Auction Service Provider for a city owned parcel atop Olde Del Mar. The auction resulted in …
Steve Uhlir of SURE Real Estate was unanimously selected by the City of Del Mar’s City Council, Mayor, and City Attorney to be the Exclusive Listing Broker and Auction Service Provider for a city owned parcel atop Olde Del Mar. The auction resulted in a record breaking sale of $4,400,ooo with the winning bidder being NFL quarterback, Carson Palmer. The sale set records for the highest priced land sale ever in Olde Del Mar, as well as the highest priced property ever auctioned in the City of Del Mar.
The property was marketed for 5 weeks before the live auction which was held in Del Mar’s Powerhouse Park. There were 11 registered bidders and hundreds of others in attendance. The sale exceeded the City’s target price by more than $700,000 which resulted in high praise from the City Manager, Karen Brust. With the proceeds the City was able to pay off a bond which was used to preserve the “Del Mar Shores” property adjacent to the Winston School and be preserved as public space. In addition, additional proceeds were used to build the new primary lifeguard tower adjacent to the Brigantine restaurant.
For more information on how to auction your luxury property, contact Steve Uhlir via the contact button in the top right corner of the screen.
Technology has become a critical tool in the way real estate practice is conducted today. National Association of Realtor® statistics show that over 84% of home buyers start their search on the Internet in 2009 and 91% projected for 2010.
This is why SURE places technology, including online, Internet and website advertising as the cornerstone of our marketing campaigns. You will not find another real estate company in San Diego that produces the scope, nor quality of online marketing that we do at SURE. We employ top-quality listings on Realtor.com, produce the highest quality virtual tours and professional photography, create the most effective and accurate MLS listings, place your listing in over a dozen of the top websites, and create an exclusive web presence for your home. In addition, we build all our own high-end, custom website in-house, including feature pages and sites for our client’s property. Most agents, if they even have a website, source them out to third party providers that push out cookie cutter sites that all look the same. Ultimately, this sets our seller’s homes apart from the rest putting them in the best possible light and creating a faster market time and higher sale price.
Our buyer client had their heart set on Solana Beach town home, however, when FHA guidelines changed, the condo they were going to buy was no longer a possibility. We remembered a town home that the client loved in Carmel Valley that was on the market several months prior that a member of the SURE Team had taken the client to preview.
However, it had been off the market for some time as the seller’s circumstances changed and decided not to sell. Realizing that this may be the perfect home for the client, Steve Uhlir, literally went and knocked on the home owners door…and though the property was not “officially” for sale or on the market, low and behold they were willing to sell. These sellers had a price in mind, however, Steve was able to negotiate them down over $30,000 from where they had it listed before.
First time home buyers often have unique needs. At SURE we understand these needs and assist a first time home buyer through the process from A-Z. First, we will review rent vs. by options and see if it makes sense for the person to become a home owner. Second, we work with our lender partners to pre-qualify this buyer for a loan with the best possible rates and terms.
Third, we set up customized home searches which reach well beyond the scope of just listed properties, but also properties that are not on the market as well as bank-owned properties and foreclosure properties. Fourth, we assist the buyer with referral services such as home warranty, home owner’s insurance, contractor services, and much more. Simply put, a first time home buyer that uses SURE receives a one-stop-shop and a seamless home buying experience.
This seller had relocated out of state and needed to sell her property, however, owed far more than it’s current value. In addition, it had both a first and second mortgage which meant getting approval from two different lenders to complete the short sale.
To add to the complexity, the seller had a tenant in the property that was in the military that she had a good relationship with and did not want him displaced. SURE listed the property and had 12 offers the first five days! Even with the client living on the East Coast, SURE was able to handle the entire transaction on her behalf electronically. SURE’s digital signature technology made it much easier for the seller to sign documents and turn contracts and disclosures around quickly. Then SURE’s short sale team managed to successfully get approval on the short sale with Bank of America, the first lien holder, (one of the most difficult banks to do short sales with in the U.S.) as well as First Franklin, the second lien holder. The approval included a complete release of financial liability from both lien holders.
Lis Pendens threatens close of sale of property. In some cases there is what is known as a lis pendens (LIS PENDENS – DEFINITION: a notice of a pending lawsuit in which an interest in real property is involved) filed against our client’s property. One of my clients was trying to sell a home, however, a lis pendens filed by one of the neighbors was impeding the ability to transfer title and complete the sale of the home.
To resolve this issue I coordinated three different law firms, one representing the buyer, the other representing the seller and the other representing the entity that filed the lis pendens. In addition, I worked closely with the title company to ensure that the end result met the needs of my client and that I was able to consummate the sale of the property without any future liability to my client, including full release of the lis pendens. Though this process ended up adding several weeks to the escrow process, I was able to successfully bring all parties to a amenable conclusion which satisfied by client’s needs, allowed the successful close of the subject property in the most timely manner possible, and obtained the full contract price.
On behalf of the City of Del Mar, I would like to personally thank you for your efforts and professionalism on the public auction of the City-owned prime residential property, known as the ‘Balboa Lot’.
Richard Earnest – Former Mayor of Del Mar|Del Mar