Real Estate Information

At Arbitrage we believe in making REAL estate REAL fun too!  So, we decided to make the Super Bowl fun by having a small contest and testing your luck.

Think you can predict who's going to win this Sunday's game?  Well, let's see how good you are.  We're offering one of 4 prizes to the person who comes closest to the final score and the winning team!

In addition, all entries will be posted on our website: www.realestate123.com/Superbowl

Good luck picking the winner and scores.  Hope your favorite team wins!

Albert

When our seller came to us for help, she was extremely concerned with how the neighbors home would affect the sale of her property. 

I actually met with the other neighbor a few months back, went over my entire game plan, pricing strategy, and marketing tactics.  Unfortunately, they listed the property with another Realtor.  They not only listed the property for a higher price than what I suggested, they also began making multiple price reductions thereafter.  They not only went lower than what I suggested, they kept going lower and lower and ended up selling their home for $110,000 less than what they started.  This made many nearby homeowners very aggravated to say the least - especially my seller.

My seller didn't want to hear the whole "song and dance" of listing at certain price and then negotiating (or making reductions). She was realistic, and just wanted to know what the right price was going to be to get her home sold through the holidays.  We did just that!

In only 1 day, we not only found the perfect buyer, we had her home sold for the price that she wanted and had the smoothest escrow possible.

I thank our seller and our buyers for their committed loyalty and trust and congratulate each one of them for their sale and purchase.  I also thank you for helping us develop such a large database of ready, willing and able buyers so that we don't experience what the neighbor went through after 75 days of agony.

If you would like to hear either side of their story, they'd be delighted to share it with you some day.

P.S. --- Yesterday we finally found out that we're having a GIRL in May!!! -- Can't wait!

join me on Facebook for more info: http://www.facebook.com/hairapetian

Hope you're having a great start in 2011!

I'm excited about releasing our recent 2011 Arbitrage Newsletter.  We've incorporated a lot of exciting stuff for this year.  Our most popular is the $25,000 Giveaway that we're offering.  Our recent publication is 8 pages long filled with exciting and informative information throughout.  Thought you'd like to read it.  Here it is!

Read our latest Newsletter today!

Happy New Year!

I wish you and your families great health and happiness for 2011.  I also thank you for an amazing 2010 as we ended the year with a total of 102 buyers and sellers with a total (closed) sales volume exactly $65,626,633 -- a Record at Arbitrage!   Though these figures more than double (or maybe even triple) our closest competition, YOU will always be #1 in my book!

I've been dying to leak out this information, but all of us at Arbitrage Real Estate Group promised each other we wouldn't mention anything until the first of the year! You ready???

Arbitrage is pleased to announce their $25,000 Cash Giveaway for 2011.  That's right, we're going to be giving away $25,000 this year!  There will be a drawing later this year and one person will be the lucky winner.  If you SELL, BUY or simply REFER someone who ends up buying or selling in 2011, your name will enter the lottery for a chance to win $25,000.  You can add up your chances of winning by referring more people.  My 2 minute video below explains more...

Click on the video to learn more about the Arbitrage $25,000 Giveaway!

Good luck and Happy New Year!

Let's continue to have some fun this year,

Albert M. Hairapetian
Your Real Estate Consultant for Life!
818-244-2939

APPRAISE THIS BABY!

Hello again!

I'm really excited about this sale as it topped off another record.  It sold at $399/sq.ft. (just a buck shy of $400).  It's been really challenging battling these appraisers who are using comparables from some of these short sales and foreclosures, but it looks like we're making progress.

Let me shed some light to those that think appraisers are gods at pricing properties:

Rule #1:Appraisers never get a chance to see the inside of the comparables.  Realtors do.  Remember, appraisers put most of their weight on what has sold.  They can't gain access to these properties since they're already occupied by the new owners.  It's our job to educate them.

Rule #2: You can dispute an appraiser's discovery.  Recently, I got an appraiser to redo his entire report while bumping up his value an extra $80,000.  Check out my sale at 828 Green Street a couple months ago.  This guy almost lost his license because of me.

Rule #3: Appraisers may be appraising your property at 10:00 a.m. and then head out to Palmdale for another one at 2:00 p.m..  How in the world can they specialize in your area only.  We all know that in our city, each street has it's own pricing and demand.  They can't know everything everywhere.  That's impossible!

Rule #4: Did you know that most appraisers call us for answers for previous sales and rely on our opinion when pricing?  -- Oh boy, that builds credibility.

Rule #5: Who will have a better judge on price, someone who's been selling in your area for nearly 14 years while living in it since birth, or someone who passed a 3 hour exam and got a certificate?

Do the math.  Remember, an appraisal is just a licensed guy's opinion of value.  It's not the price of a property set in stone.  For the buyers loan's sake, you just hope they come in at value.

I hope you get a glimpse of what I'm talking about.

Nonetheless, we sold this one over asking price in only 8 days -- all while not paying attention to the media, and educating/equipping the appraiser with what they need to use.

As always, I thank you for helping me with another sale.

Albert Hairapetian
(818) 244-2939

This was not an easy sale.

We had to roll up our sleeves on this one; however, we finally got it sold.  This home had a large (nearly 1/4 acre) flat lot that was just dirt.  Although the lot was massive, we needed to find someone with an imagination and a plan.  Those who had it, considered this home a gem, while many turned away and didn't give this home the chance it deserved.

This home finally sold for $440,000.  It has 3 bedrooms and 2 baths with some updating throughout.  I thought it sold for a great price and alert all buyers to get off the fence and do something while they can. 

Recently, we've had an influx of buyers calling looking to buy in the La Crescenta area.  Therefore,  I created a link for you to access ALL available homes throughout the entire city (whether or not it's my listing).  La Crescenta is known for their great school district tied in with their pride of home ownership throughout.  Click on the link below to see what's available!

AVAILABLE HOMES IN LA CRESCENTA

Hope the link helps.  If you're intested in another area, simply let us know.  Thanks again for helping me with this sale.

Albert Hairapetian
818-244-2939

STILL PAYING ATTENTION TO THE NEWS?

Sold in only 1 month! -- In this market

Hi,

We recently sold this home on Orchard Lane in Burbank for $710,000!  This home was on the market for only 1 month in a neighborhood where the average home sells in the mid to high $500k.

We had a fairly smooth escrow with no delays and were even able to help the existing tenants move out (even before their lease was up).

Thanks again for all your help.

Albert Hairapetian
818-244-2939

Still paying attention to the news about how bad the real estate market is doing? --- WE'RE NOT!

Guess what?  We recently closed escrow on this 3 unit property just off of Verdugo Road in Glendale (North of Glendale College).  I was bombarded with lots of interest on this property and the Arbitrage Team once again pulled through and found the buyers too!

It was on the market for only 3 days and sold over asking price. All 3 units consited of 2 bedrooms and 1 bath with great rents.  Thanks again for helping us with this sale.  I had a lot of calls on this one, so if you're still looking to invest in some units, click on the link I created below!

I thank my sellers for trusting me with their listing and congratulate the buyers on a great investment. 

Thanks again!

Albert

AVAILABLE INCOME PROPERTIES BETWEEN $500,000 - $1,500,000
CLICK HERE

I want to thank everyone for stopping by at our IN-N-OUT Burger open house yesterday at 1137 N. Everett Street.  It was a huge success and we anticipate a couple offers on this home already!

Without being listed in the MLS, we had 223 people that stopped by (28x times the average listing).  We had 6 people from the Arbitrage Team excited and ready to help everyone with their real estate needs.  During the open house, we also were able to direct many people to all of our other listings as well - 2 of which are currently in negotiations as well.  Thanks for helping us out! 

I just want to remind you that at Arbitrage, our services will never cost you a single penny more.  I will continue to do whatever it takes to beat this market even though many think we're in a "bad market" --- NOT THE CASE AT ARBITRAGE.  We've decided not to participate in this recession.

For those who attended, we had a surprise raffle.  The winners are as follows:

1st Place ($100 CASH Giveaway) -- Sean Dudas
2nd Place (1 Hour Massage from Massage Envy) -- Christine Young
3rd Place (69 Piece Drill Set) -- Manuella Abrahamian
Congratulations to our winners and thanks to everyone for participating!

Thanks again for your help.  We had a lot of fun while meeting everyone.  I was even excited to see my son, Joey, show up with my wife for his very first "Double Double Cheeseburger" experience (pictured below). 

More exciting stuff from Arbitrage heading your way soon!

Albert Hairapetian
Your Real Estate Consultant for Life!
818-244-2939

IN-N-OUT OPEN HOUSE THIS SUNDAY
(AUGUST 1, 2010 11:00 - 3:00 P.M.). 

COME STOP BY FOR A FREE MOUTHWATERING CHEESEBURGER!

COMING SOON.... CALL FOR DETAILS!