Summer not only brings warmer temperatures to East County, but also heats up the real estate market. Shannon Glieden — broker, owner and property manager of Glieden Home & Land Co. — has some expert advice on how to navigate this summer’s real estate market.
“It’s a great time to buy as the Fed just lowered mortgage rates, which are currently at 4.04% for a 30-year-fixed loan and 3.38% for a fixed 15-year loan,” said Glieden. “There are many new loan programs available, as well, for all types of buyers.”
Glieden Home & Land Co. is the premiere, full-service, discount real-estate brokerage in East County. With more than 20 years of experience, Glieden has sold over 1,500 properties in the Bay Area, and saves her sellers an average of $10,000-$20,000 in real estate fees.
According to Glieden, it’s also a great time to sell a home.
“It’s the best time to sell a home right now as the market remains strong during the summer months,” she said. “Most sellers are receiving multiple offers.”
While East County has continued to hold a strong real-estate market for several years, the market has begun to shift, with more inventory available to buyers, and resale home sellers are once again competing with new home sales in the area.
“I’ve seen many properties reduce in price, and sellers who are holding out on their initial price are typically staying on the market longer without offers,” said Glieden. “While there is an influx of buyers, due to the high amount of homes for sale, buyers have become very picky and are taking their time to find just the right home for just the right price.”
This has resulted in the local market readjusting and leveling out.
“Sellers are starting to understand that they need to price their homes aggressively to get interest and be competitive,” said Glieden. “I think the days of listing an overpriced property and getting it sold in a week are over in this area.”
Whether you are a buyer or a seller, Glieden’s team is ready to help you navigate through the process. The small, boutique-style brokerage includes a team of two additional agents and a transaction coordinator, all of whom are able to provide a close and personal relationship with each client.
“My clients know that they can rely on all of us to assist them with any needs, at any time,” said Glieden. “My office is home-based in Oakley, which allows me to keep my business costs down and, thus, pass along the savings to my sellers.”
Glieden offers a 1% listing fee with no additional or hidden fees. Her program also offers the MLS listing with syndication to all online real estate websites, including Zillow and Realtor.com for an additional 2.5% fee.
“I let my sellers decide the home-selling program that fits their financial needs,” said Glieden. “My services offer high-tech marketing with maximum online and neighborhood exposure, extensive knowledge of the market and an unsurpassed professionalism in the industry.”
Glieden’s clients reap the benefits, including Kim Summers, whose Brentwood home sold in March.
“Shannon helped us every step of the way, from the beginning to the end and everything in between,” said Summers. “She’s honest, hard-working and will always go the extra mile.”
According to Summers, within 24 hours of listing their home, they had an offer.
“Selling a home can be so stressful, but working with Glieden Home & Land Co. made the experience so easy, because they took care of everything.”
After closing a sale, Glieden lets the neighborhood know that someone new will soon be moving in, hanging her signature “SOLD” sign with the tagline, “Shannon did it again.”