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April 01, 2008
I was tipped off Monday about an influx of out of town agents into San Francisco... Seems the better than expected real estate market in San Francisco is attracting agents from the Peninsula... City agents I spoke with tell me they are doing more and more deals with agents South of the City. One broker told me in the last few months the trend has really become more pronounced.... All of this has been described as good news by agents with who do business exclusively in the City. As it was told to me, clients of Peninsula agents pay too much for listings and they underprice the listings they get in the City...
Stick to what you do best...
If you need more proof the market is going strong, consider this:.
Photo thanks for Zephyr Real Estate

Two condos on Beaver street now pending both went well over asking with multiple offers... The Zephyr Real Estate listings I’m told had a combined 18 offers... While I’m not a liberty to discuss the final prices, it’s safe to say the sellers have no complaints.
Photo Credit: Kee Photography

Another sign of the market’s strength... Monica Pauli’s listing at 1900 Green Street.... The $3.495,000 came on the market Wednesday and is already pending... And yes, it was multiple offers and never even had a brokers’ open
If you have any tips, news or big listings coming up, drop me a note at:
Jeff@realestateconvergence.com
Posted by Jeff Brooks on April 1, 2008 12:03 AM | Permalink
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