Jayne Clement's (realtorjayne) Blog

I submitted an offer for a bank owned condo in the Wilshire Corridor area of Los Angeles.  It was a pretty good deal and my buyer was taking a stab at it.  The price had been lowered twice, and it was still on the market!  Naturally, there are some big probs, some funky HOA rules and the unit nee...

It was a beautiful day this morning in Los Angeles, already warming up by 7:30am.  The traffic was non existent and it made me smile the entire drive to work! I knew it would be pretty quiet in the office, with most people taking the day off.  And, sure enough, most of the desks were empty with j...

It never ceases to amaze me as to the "conclusions" that my buyers and sellers jump to based on whatever the other side did or didn't do.  Inevitably, it always seems that the worst case scenario is the interpretation that the client arrives at.   I've learned to be very careful when passing alon...

Asking for repairs and/or credits from the Seller can be dicey business.  This is early in the deal and unfortunately, this step in the process can easily turn an exciting deal into a hostile deal.  When the Seller gets the "Request for Repairs," there are many variables that go into this step.  ...

When working with my first time buyers, one of our early conversations is about the "investigation period," which I compare to "dating."  I use this chat to calm my buyers down and instead of having them being scared and nervous about writing an offer and buying a home, I try to change the game t...

Last weekend I viewed a beauty of a short sale, 1610 Nolden St., in Highland Park, CA.  This area used to be known for it's smaller cottages built in the 30's and 40's, and most recently for it's lower middle income family vibe.  But over the last five years it's started to become known as "flip ...

Maybe it's just a weird coincidence, but my last several buyers were completely in the dark regarding the issue of closing costs.  They had been to a lender, gotten pre-approved, and were waving their approval letters to prove it!  But, when I mentioned putting together their "proof of funds" doc...

No matter the price point that you are searching in...whether it's $420k in the suburbs of Los Angeles or a $6million dollar spread in Beverly Hills, you can't always get what you want (thank you Rolling Stones!).  There is ALWAYS something missing.  Yeah, even with that $6mill spread in BH..."wi...

This weekend in Los Angeles there were some great Open Houses...and lots of buyers!  I went to several on what seemed like two completely different worlds...two in Highland Park in the $600k price range and two over in Los Feliz in the $1.5million range.  It was an interesting comparison...both "...

Some of my buyers are running in the opposite direction from what are known as "flips," while many of my buyers are only interested in seeing these homes.  A flip in Los Angeles generally means a home that has been purchased within the last 3-6 months and renovated to within an inch of their live...