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Mountain View Legacy: RV Parking, Large Lot & Future ADU Opportunity Space to Live. Room to Grow. Opportunity to Build Your Legacy. Not every property offers the flexibility to support where you are today and where you want to be tomorrow. Welcome to Mountain View Legacy, a fully renovated gated property in San Bernardino designed for buyers who need more than a standard home. Situated on an oversized lot in an established neighborhood, this move-in ready residence offers the rare combination of modern updates, secure parking, flexible outdoor space, and future potential. Whether you're a contractor looking for equipment storage, a small business owner needing room for work vehicles, a family seeking additional space, or an investor exploring future opportunities, Mountain View Legacy was built with real-life needs in mind. Offered at $475,000. View the Full MLS Listing →  Why Buyers Are Paying Attention to Mountain View Legacy In a market where outdoor space and flexibility are becoming increasingly valuable, Mountain View Legacy stands apart. Behind private gates, you'll find room for: Work trucks Trailers Business equipment Recreational vehicles Multiple vehicles Additional storage needs Future expansion possibilities* This is the type of property that adapts to your lifestyle instead of forcing your lifestyle to adapt to the property. *Buyer to independently verify all zoning, permits, development requirements, and intended future uses. Fully Renovated & Move-In Ready Inside, thoughtful updates create a warm, comfortable atmosphere that feels both modern and welcoming. Recent improvements include: New windows Fresh interior paint Updated lighting Durable hybrid laminate flooring Custom handcrafted cabinetry Refreshed kitchen finishes Upgraded bathroom Designer-selected details throughout Natural light fills the living spaces, creating an inviting environment for everyday living, family gatherings, and entertaining. The functional kitchen serves as the heart of the home, offering a layout designed for both convenience and connection. As an added benefit, the staged furnishings and décor may remain with the property, providing additional value and making the transition even easier for the next owner. The Oversized Lot Creates Opportunity One of the most compelling features of Mountain View Legacy is its oversized 7,500 square-foot lot and the flexibility it may provide for future use. Many surrounding properties have embraced additional living spaces, expanded-use structures, and income-producing opportunities. This property offers similar potential for buyers who want room to think beyond today's needs. Possible future opportunities may include: Accessory Dwelling Unit (ADU) development* Multigenerational living arrangements Additional workspace Storage expansion Future property improvements Long-term investment strategies As housing needs evolve, properties with usable land and flexibility continue to be among the most sought-after opportunities in Southern California. *Buyer to independently verify all development potential with the City of San Bernardino. Ideal for Contractors, Business Owners & Working Families Mountain View Legacy is uniquely positioned for buyers who need functionality beyond the walls of the home. The gated lot and generous outdoor space may be especially attractive to: Contractors Store vehicles, trailers, equipment, and materials securely on-site. Small Business Owners Create additional space for business operations while maintaining a comfortable home environment. RV & Recreation Enthusiasts Enjoy the possibility of secure RV, trailer, or recreational vehicle parking. Multigenerational Families Explore future opportunities for extended family living and flexible housing arrangements. First-Time Buyers Purchase a move-in-ready home with potential for future growth and long-term value. Conveniently Located in San Bernardino Mountain View Legacy combines privacy and functionality with excellent accessibility. Located at 822 N Mountain View Avenue, San Bernardino, CA 92401, residents enjoy convenient access to: Norton Elementary School Downtown San Bernardino San Bernardino Superior Court District Attorney's Office Local hospitals and medical centers Major employment hubs Shopping and dining destinations The 215 Freeway Whether you're commuting to work, operating a business, or simply looking for a centrally located home, this location supports both convenience and connection. More Than a Renovation. An Opportunity. Some homes are designed only for today. Mountain View Legacy was designed with tomorrow in mind. With its fully renovated interior, gated parking, oversized lot, RV parking potential, contractor-friendly functionality, and future ADU possibilities, this property offers a unique opportunity to create a lifestyle that grows alongside your goals. Whether you're looking for your first home, your next investment, additional space for your business, or a property with long-term flexibility, Mountain View Legacy invites you to imagine what is possible. Schedule Your Private Tour Opportunities like this are becoming increasingly difficult to find. Explore the property, walk the lot, and see firsthand why Mountain View Legacy is attracting attention from buyers looking for more than a typical home. Ready to See What's Possible? ⟶ View the MLS Listing ⟶ Watch the behind-the-scenes video ⟶ Contact the Premier Agent Perez Team Call or text Melissa Perez at 951-741-8441 Watch the Story Behind the Transformation Mountain View Legacy is more than a renovation. This property was thoughtfully reimagined by local Realtor and investor Melissa Perez in partnership with designer Rosie, with the goal of creating a home that combines comfort, functionality, and future opportunity. Watch the video below to hear directly from the team behind the transformation and discover what makes this property different from a typical flip or renovation. Break Barriers. Build Legacies. Presented by Melissa Perez and the Premier Agent Perez Team.

Mountain View Legacy: A Thoughtfully Reimagined Home with Space to Grow in San Bernardino At 822 N. Mountain View Avenue, opportunity meets intention. Nestled behind private gates on an oversized lot in the heart of San Bernardino, Mountain View Legacy is more than a renovated home—it's a property designed for buyers who see beyond what exists today and recognize what is possible tomorrow. Thoughtfully transformed by local Realtor and investor Melissa Perez in collaboration with interior designer Rosie Laguna, every detail of this home was curated to create a space that feels welcoming, functional, and full of possibility. Whether you're purchasing your first home, seeking room for a growing family, looking for a property with expansion potential, or searching for a strategic real estate investment, Mountain View Legacy offers a rare combination of move-in-ready comfort and long-term flexibility. Currently offered at $475,000. View Full MLS Listing → Designed with Purpose From the moment you enter, the care invested in this transformation is clear. Natural light fills the interior, highlighting new hybrid laminate engineered flooring, fresh paint, updated lighting, new windows, and custom-built cabinetry handcrafted by a professional carpenter. The kitchen serves as the heart of the home, blending functionality and style through tailored cabinetry, refreshed finishes, and a layout designed around everyday living. The updated bathroom and carefully selected finishes throughout create a cohesive experience that feels elevated, comfortable, and timeless. Every improvement was made with intention—not simply to renovate a house, but to create a home. Property Highlights Fully renovated and move-in ready Private gated property Oversized lot with future flexibility New windows throughout Fresh interior paint Updated lighting fixtures Hybrid laminate engineered flooring Custom handcrafted cabinetry Refreshed kitchen finishes Updated bathroom Secure off-street parking Potential space for future expansion* Convenient commuter location *Buyer to independently verify zoning, permits, development requirements, and intended uses. Watch the Story Behind Mountain View Legacy Every home has a story. Mountain View Legacy was envisioned as a property that balances design, practicality, and long-term opportunity. In this exclusive video, Melissa and Rosie walk through the home's transformation, sharing the inspiration behind the renovation and the features that make this property stand apart from typical renovations. Watch the Property Video Opportunity Beyond the Home What makes Mountain View Legacy especially compelling is the flexibility offered by its oversized lot. Across the surrounding neighborhood, homeowners have increasingly embraced additional living spaces, expanded-use structures, and income-producing opportunities. The generous lot size creates potential pathways for future uses that may include: Accessory Dwelling Unit (ADU) possibilities Multigenerational living arrangements Additional workspace or storage areas Future expansion opportunities Long-term investment strategies The property offers something many buyers are seeking today: options. As your goals evolve, your property can evolve with you. Designed for Real Life Mountain View Legacy was created with today's homeowner in mind. The gated parking area provides space rarely found at this price point, making the property especially attractive for: Contractors Small business owners Trades professionals Multi-vehicle households RV owners Buyers needing trailer or equipment storage Families seeking secure parking and outdoor space The combination of privacy, functionality, and flexibility creates a property that serves both immediate needs and future aspirations. A Central Location Located at 822 N Mountain View Avenue, San Bernardino, CA 92401, the home offers convenient access to many of the area's key destinations. Nearby amenities include: Norton Elementary School Downtown San Bernardino San Bernardino Superior Court District Attorney's Office Medical facilities and hospitals Local shopping and dining 215 Freeway access Whether commuting for work, accessing professional services, or exploring Downtown San Bernardino's continued growth, residents enjoy a location that balances accessibility with residential comfort. Why San Bernardino? San Bernardino continues to attract homebuyers seeking affordability, space, and long-term growth potential within Southern California. Properties offering large lots, gated access, renovation quality, and future-use flexibility remain among the most sought-after opportunities in today's market. Mountain View Legacy combines these features into one thoughtfully executed property that is ready to enjoy today while preserving possibilities for tomorrow. Schedule Your Private Tour Some properties simply check boxes. Others create opportunities. Mountain View Legacy was designed for buyers who understand the value of both. Explore the full MLS listing, browse the photo gallery, watch the renovation story, and schedule your private showing today. Ready to Discover What's Possible?   ⟶ View the MLS Listing ⟶ Watch the behind-the-scenes video ⟶ Contact the Premier Agent Perez Team Call or text Melissa Perez at 951-741-8441 Break Barriers. Build Legacies. Presented by Melissa Perez and the Premier Agent Perez Team.

Mortgage rates hit a 1-month high last week, reminding buyers and sellers that today’s market is still being shaped by inflation concerns, global uncertainty, and shifting buyer behavior. Current rates are sitting around: • 6.375% Conventional 30-year • 5.625% Conventional 15-year • 5.750% 7/6 ARM • 6.750% Jumbo • 5.625% FHA • 5.500% VA When oil prices rise, inflation fears tend to follow—and mortgage rates often respond. But rates are only one part of the story. Older Millennials, ages 36–45, are currently leading the market as some of the highest-earning and most active buyers. At the same time, first-time buyer activity has dropped to its lowest level since 1981, showing just how important preparation, financing, and guidance have become. Builders are also gaining ground. New home applications are at post-COVID highs, which tells us buyers are still moving—especially when inventory is available. And while Gen Z may begin their search online, 85% still say they trust real estate agents most. That means expert real-life guidance still matters. Warren Buffett once said, “A 30-year mortgage is the best instrument in the world. If rates drop, you refinance.” That perspective is especially relevant now. With low inventory, selective price corrections, strong homeowner equity, and the potential to refinance in the future, this market is not one to fear. It is one to understand. National pending sales are up 6.4% year-over-year, and homeowners are sitting on roughly 70% equity—the strongest position since 1960. The bottom line: whether you are buying, selling, building, or waiting, the right move depends on your numbers, your timing, and your long-term goals. This is where strategy matters most. Break Barriers. Build Legacies.

Transform your home into a market-ready masterpiece—without a full remodel. Our soft flip process combines expert design, strategic preparation, and premium marketing to help Southern California sellers achieve faster sales and higher returns. Every home has hidden potential—our job is to reveal it. Through our signature soft flip process, the Premier Agent Perez Team combines strategic design, organization, and marketing to transform ordinary spaces into extraordinary listings. The best part? We scale our services to your custom needs and wants. Scroll below to see how we help Southern California homeowners and investors achieve standout results without the stress of a full remodel. Sunnyside Drive in Yorba Linda, California For this Orange County transformation, our client wanted the full experience. We managed every step. From design vision and construction to the final sale—we brought strategy and style together seamlessly. View the final reveal Marsha Court in Riverside, California Maximizing our client’s return meant creating a buyer experience that appealed to every sense. By decluttering and updating key areas, we highlighted the home’s beautiful bones and timeless charm. View the final reveal Mariposa Drive in Redlands, California A refreshed fireplace and dining room brought new life to this already stunning Redlands home. Our goal was simple: create a “wow factor” from the moment buyers walked in. And with a one-of-a-kind backyard and custom pool, the tour ended on the perfect high note. View the final reveal Vista Loop in Riverside, California With the right statement pieces and design touches, we elevated this beautifully updated Riverside home. The result: a seamless indoor-outdoor flow and a backyard experience that made the home’s stunning views unforgettable. View the final reveal Golden West Drive in Redlands, California This home proves that the right color palette changes everything. We introduced soft, soothing hues and layered in staging that created a peaceful, welcoming atmosphere—highlighting the built-ins and unique floor plan that make this property one of a kind. View the final reveal Stoney Brook Court in Beaumont, California Homes like this don’t need much—just the right touch. Our strategic staging helps buyers see themselves living here, using color, texture, and curated design to create an emotional connection that turns a beautiful house into a must-have home. View the final reveal Every detail matters. Every showing counts. It’s this level of EXCELLENCE that helps our sellers achieve faster sales and higher returns. Thinking about listing? Let’s connect and create a strategy to maximize your home’s value.

How Expert Marketing Turned a Unique Listing into a Record Sale “Greenlawn Chateau: Where refined French Country meets SoCal living!” Selling a home isn’t just about putting a sign in the yard—it’s about creating an unforgettable buyer experience. At the Premier Agent Perez Team, we specialize in crafting full-scale marketing campaigns that highlight every unique feature of your home, and our 2024 Greenlawn Chateau listing is a perfect example. The Challenge Greenlawn Chateau presented several unique circumstances: The home featured exceptional upgrades uncommon in the neighborhood. Most comparable homes in the area sold for $812,000, but Greenlawn Chateau was priced higher at $950,000 due to its custom features. The property was slightly older and had a smaller lot size than nearby listings. For example, a nearby listing had a lot 4,000+ sq ft larger. These factors could have made selling the home quickly at top dollar difficult—but we turned them into opportunities. Strategic Marketing: Selling the Experience From the moment Greenlawn Chateau hit the market, we treated it as more than a house—it was a lifestyle. Our approach included: Professional staging with refined French Country décor, styled by our interior designer. Minor updates with contractors to enhance the home’s style and appeal. Thorough cleaning and organizing to make every space shine. Professional photography and video to capture the home’s elegance online. Branded listing materials and a social media campaign reinforcing the luxurious, cozy-chic lifestyle buyers could enjoy. Our goal? Make every potential buyer fall in love before they even stepped inside. Open House: Engaging All the Senses We created a full-scale Open House experience that truly brought the Greenlawn Chateau brand to life: Chateau Staff shirts and a Chateau Greenlawn welcome sign greeted guests. French café-style music played in the background, enhancing the ambiance. Themed mocktails by the pool completed the experience. The result: an offer came in on the very first day of the Open House. Navigating Complex Transactions Selling Greenlawn Chateau wasn’t just about marketing—it was about strategic negotiation and precision: The buyer’s agent offered 1% commission and agreed to let the sellers stay one month after closing, bridging a $15,000 gap. The sale involved a trifecta of contingencies, including timing with the sellers’ replacement home and the buyers’ own contingent sale. Our team coordinated all three transactions, closing smoothly in under 45 days. Despite challenges, we secured a final sale of $935,000—well above the neighborhood average of $812,000. Why Full-Scale Marketing Works At Premier Agent Perez, every client receives next-level marketing services included in our commission: staging, cleaning, organizing, photography, video, strategic advertising, and more. Why invest in full-scale marketing? Because a buyer’s emotional connection translates into higher offers and faster sales. With Greenlawn Chateau, every detail—from the listing video to the Open House mocktails—was designed to create an unforgettable experience that commanded top dollar. Results at a Glance Sale Price: $935,000 Neighborhood Average: $812,000 Days on Market: 11 (offer received on Day 1 of Open House) Closed Transactions: Under 45 days, navigating three contingencies seamlessly Ready to Sell Your Home for Top Dollar? Whether you’re buying your first home, upgrading to your dream home, or investing in real estate, Premier Agent Perez Team can make it happen. Our full-scale marketing, expert negotiation, and personalized service ensure your home sells quickly, smoothly, and for the highest possible price. Contact us today to start your home-selling journey.

About the Property The Cornerstone on Center was a standout opportunity tucked into one of Redlands’ most desirable historic neighborhoods. Situated on a high-visibility 8,400 sq ft corner lot along Center Street—directly across from Gerrards Market—this 3-bedroom, 2-bath single-family home offered both character and investment potential. But with visible deferred maintenance and a market trending toward price reductions, success would require more than location. It needed a strategic plan, bold positioning, and marketing that could cut through the noise. The Challenge: Selling in a Price-Cutting Market The market was shifting. Price reductions were the new norm. And this property had one more hurdle: deferred maintenance. We knew from the start that deferred maintenance would be a significant challenge for investors when crunching the numbers and determining if the property would be a worthwhile investment. At the time of listing: Over 41% of homes in the Redlands market year-to-date were undergoing price cuts Buyer confidence was shifting due to rising interest rates, increased inventory, and increased cost of renovations We needed a buyer with vision, resources, and a long-term investment mindset This wasn’t a turnkey sale—it was an opportunity that had to be clearly and compellingly communicated. Our Strategy: Marketing an Investment Property in Redlands At Premier Agent Perez Team, we don’t wait for the right buyer—we go out and find them. For this listing, we focused on: 🔹 Rolling Up Our Sleeves Before we could launch the property, we had to tackle deferred maintenance and accumulated belongings. Our team jumped in—all hands-on deck—to help clean out the home quickly and efficiently so we could stay on timeline. We’re not afraid to get our hands dirty when it means helping our clients move forward. Whether it’s coordinating cleanouts, connecting with contractors, or prepping a home for market, we do what needs to be done—fast and with care. 🔹 Clear, Targeted Messaging We positioned the home as a rare value-add opportunity ideal for cash buyers and investors. Messaging focused on: Long-term and short-term rental (STR) potential Detached garage + basement Zoning within Redlands Unified School District Proximity to historic homes in highly desirable neighborhood Walkability to Downtown Redlands, Packing House District, and Arrow Rail Line 🔹 Professional Marketing Materials We invested our time and resources wisely to ensure we had all the polished pieces ready to support our marketing campaign: Lifestyle-focused photography to highlight key spaces Custom listing copy that emphasized potential and investor appeal Strategic price point to drive competition and urgency 🔹 High-Visibility Campaign We honed our marketing and social media skills to develop a plan that reached the right audience: Instagram Reels, Stories, and carousels with branded designs Targeted social media ads and email marketing Open house promotion that brought serious buyers through the door early Activated our investor network to generate strong, serious offers from day one. The Results Despite the market headwinds, The Cornerstone on Center delivered incredible results: Listed and sold in 30 days Received 12+ offers Closed $21,000 over asking Zero price reductions required The property not only stood out—it outperformed surrounding listings by combining precise strategy with strong storytelling. What This Means for Future Sellers This case study is proof that even in a shifting market, the right approach matters. By leading with strategy, we helped our client net more in less time, without sacrificing value. At Premier Agent Perez Team, we don’t just list homes—we launch them. Every home is marketed with purpose, every detail is considered, and every client benefits from our hands-on, results-driven approach. Thinking About Selling Your Home? Whether you're listing a home with deferred maintenance, marketing to investors, or looking to stand out in today’s competitive market, we can help. Let’s create a custom plan that positions your home to sell with confidence. Contact us today to schedule your consultation.

Lundy Lane Oasis–A Strategic Sale in a Competitive Market When our team listed Lundy Lane Oasis, we knew the market was shifting, and the competition was fierce. Located in Beaumont, California, this single-story gem was surrounded by over 216 active listings, many of which had been sitting for weeks or even months. But with a sharp strategy and seamless execution, we positioned this property to rise above the noise. The Challenge Market Saturation: 216+ homes actively for sale in Beaumont Average Days on Market (DOM): 45 Pricing Pressure: Price reductions were becoming the norm in the area Our Strategy We never rely on luck. We rely on a proven process that ensures each listing is positioned for maximum impact from day one. For Lundy Lane Oasis, we: Invested in Pre-Listing Preparation: Our team coordinated deep cleaning, light staging, professional photography, and curated design adjustments to create a fresh, lifestyle-focused look. Created a Unique Story for the Home: With custom listing copy, lifestyle marketing language, and a narrative that emphasized both luxury and livability, we helped buyers envision more than just a house. We helped them imagine their future. Leveraged High-Impact Marketing:Custom social media campaign with video and photos giving first-hand account of life at home in the Lundy Lane Oasis Professionally branded and interactive content driving traffic to our open house Targeted email blasts Exclusive MLS + syndication strategy across major real estate portals Tuned Pricing to Drive Demand: Our pricing strategy wasn’t about undercutting—it was about building competition. We priced smart, highlighted value, and generated urgency. The Results Sold in 31 Days (14 days faster than the Beaumont average of 45 DOM) Multiple Offers Received Buyers competed early thanks to pre-launch marketing buzz Closed for $625,000—Over Asking Price While nearby listings made price cuts, our client netted more What This Means for Future Sellers The success of Lundy Lane Oasis is more than a feel-good story. It’s a real-world example of what happens when strategy meets storytelling. At Premier Agent Perez Team, we don’t just list homes. We launch with purpose, polish, and precision. If you're thinking of selling, we’d love to show you how our hands-on, data-driven approach can help you exceed your goals—even in a challenging market.

Why the Inland Empire is One of the Hottest Housing Hubs in the Country Buying a new home is about priorities. What matters most to you as a buyer? Location? Affordability? Square footage? Move-in ready condition? Amenities? There is a lot to consider when making an offer. Sometimes a buyer sacrifices a “want” for a “must-have” in finding your dream home. For home buyers flocking to the Inland Empire (IE), they are finding that buying a home in the region doesn’t come with as many sacrifices as living in Los Angeles or Orange County. As a SoCal native and Inland Empire resident, not only do I specialize in the region’s real estate market, but I know firsthand what a diverse and awesome place the IE is to live—because it’s my backyard! Are you considering a move to the area? I’ve got you covered on the many reasons why you’ll love calling this place home. By the Numbers More for your money—that’s one of the reasons the Inland Empire (including Riverside, San Bernardino, and Ontario, California) ranked no. 10 on Realtor.com’s list of Top Housing Markets for 2021. Other factors included sales and price growth, with Riverside coming in at a combined growth of 17.9% year-over-year. That means current area homeowners are gaining good equity in their homes—a huge plus when you’re weighing where to invest your money. Now if you’re considering a move to the IE, then one of your top questions is probably can you afford the home you want? Let’s compare the current median home price in Riverside and Redlands with the City of Los Angeles and Orange: Are you seeing what I’m seeing? The median home prices in San Bernardino and Riverside counties are half of the OC’s median price and well under LA County’s. The fact is a home in Los Angeles or Orange County could just be out of your budget—and the home in your budget is the size of a shoebox. Moving to the IE where you can afford a home comes with perks that buyers are taking advantage of. Not to mention you get more square footage and living options—from single family homes, to multigenerational new-builds, to town homes and retirement communities. Location, Location, Location You’ve heard the phrase countless times. Living around the corner from your workplace or the beach is ideal, but not always feasible. But as an Inland Empire homeowner, I’m going to let you in on a secret: we’re within driving distance to the beach, mountains, wine country, and countless SoCal attractions. If you work in LA or OC and commuting to and from the city doesn’t sound like your cup of tea, the Inland Empire has several public transportation options so you can ditch your drive.  The Metrolink Riverside and San Bernardino Lines run directly to Los Angeles while the IEOC Line runs from San Bernardino to Oceanside. And public transportation is continuing to expand in both counties to make it easier for residents to travel through the region. The Redlands Passenger Rail Project, for example, will connect San Bernardino to Redlands and also offer a roundtrip service from Redlands to Los Angeles each morning and a return trip each evening. Diverse Communities Whether you want a home with character and history or you want to build a new home from the ground up, the Inland Empire boasts many options. Let’s take a quick look at three diverse Inland Empire communities. Riverside: As the largest city in the Inland Empire, Riverside offers the perfect blend of cultural richness, educational opportunity, and suburban comfort. Home to the historic Mission Inn and the prestigious University of California, Riverside, the city combines architectural beauty with academic influence. Riverside’s revitalized downtown features a lively arts and dining scene, while its tree-lined neighborhoods showcase everything from charming early 20th-century homes to modern new builds. With an abundance of parks, trails, and family-friendly amenities, Riverside continues to attract buyers looking for value without compromising lifestyle. Beaumont: The City of Beaumont is strategically located at the intersection of Inte rstate 10, Highway 60, and Highway 79 with a population of 120,000+. The growing community is a great place for growing families and it’s also become a fantastic place to live for retirees. Master planned communities like Four Seasons offer resort-style living at a fraction of the cost of other cities. Loma Linda: Loma Linda made national headlines in 2019 for being an epicenter of health and wellness. According to CNN, the city is one of five regions in the world where people live longest and healthiest, with people in the community living eight to 10 years longer than the average American.   Redlands: Take a stroll along the tree-lined streets of Redlands and you’ll see a plethora of historic buildings, small businesses and restaurants, and cozy Craftsman style homes. The city has a small-town and was once the navel orange growing capital of the world. Much of that with that history plays a part in the city’s many community events. Something for Everyone The region as a whole is massive—and from what you’ve read I hope you’ve gathered that the Inland Empire offers affordable living for all lifestyles. Whether you’re looking for a home for your growing family or you’re ready to sell your lifelong home and move to a retirement community, I can help you. Have questions about the area or want to start your home search? I’m always an email, call, or text away!   Melissa Perez 951-741-8441 [email protected]

A Quick Take on the NAR Settlement Many of us have Apple News notifications dinging on our phones and watches whenever a big headline drops. It can be challenging to sift through the articles and headlines to find the bullet points. Most recently, on March 15, the National Association of REALTOR (NAR) "announced an agreement that would end litigation of claims brought on behalf of home sellers related to broker commissions." The amount of the settlement -- $418 million -- would be paid over approximately 4 years. Two parts of this settlement agreement that are generating buzz are broker compensation and written agreement with buyers. While NAR has proposed the settlement, this still has to be approved by the court.  1 - In regards to Broker Compensation: "NAR has agreed to put in place a new MLS rule prohibiting offers of broker compensation on the MLS. This would mean that offers of broker compensation could not be communicated via the MLS, but they could continue to be an option consumers can pursue off-MLS through negotiation and consultation with real estate professionals"*. 2 - In regards to written agreements with Home Buyers: "NAR has agreed to enact a new rule that would require MLS participants working with buyers to enter into written agreements with their buyers...These changes will go into effect in mid-July 2024."* NAR is an enormous trade association, with over 1.5 million members in the real estate industry. As a California REALTOR, I am also a part of the California Association of REALTORs (CAR) and my local association Citrus Valley Association of REALTORS. Here are 3 things that may come from the NAR Settlement: 1 - Short Term Uncertainty or Confusion - While the settlement is getting worked out, there may be some confusion in the industry about what is effective immediately and in the future. Home Sellers and Home Buyers might have questions for their agents about how this affects their bottom line or how the real estate transaction will work. 2 - True Professionals Will Thrive - Every time an industry faces changes, the cream will rise to the top. Our brokerage KALEO Real Estate Company is at the forefront of tracking and managing changes to forms, contracts, laws, and best practices so that our clients reap the benefits of a competent and educated real estate agent. 3 - Real Estate Agents Are Not Going Away, but New Models May Spring Up - The purchase or sale of real estate is not the same as buying or selling a car, a computer, or even expensive jewelry. Real Estate is a complicated transaction. After the settlement is finalized, new brokerage business models may spring up and some agents may get out of the business, but the role of a real estate agent will still be necessary and needed. If you have questions about the NAR Settlement headlines, then send me an email, give me a call, or text. Whatever changes happen, I will continue to serve my clients with integrity, compassion, and a commitment to advocate for their needs. Take care, —Melissa Perez DRE# 01803254 951-741-8441 [email protected] Source: *https://www.nar.realtor/newsroom/nar-reaches-agreement-to-resolve-nationwide-claims-brought-by-home-sellers

Five Things to Consider with Your Next Home's Location Location, Location, Location. We've all heard the famous real estate saying. It conveys that where your house is located may be more important than almost every other attribute. It is the reason why a small, dilapidated beach cottage that is barely 1,000 square feet will easily sell for over $1 million (sometimes more depending on what beach). Here are 5 things to consider with LOCATION that you might not think about: 🔥Fire Zones - Is the property close to a high fire zone? The home could come with some defensible space requirements, and the cost of homeowners insurance could be high or unavailable in certain areas. 💦Flooding - With the recent heavy rain storms, many properties experienced flooding near or on their property. Are you on the south side or below street level or is the home on a hill? 🚗Private Road - Several neighborhoods in SoCal have private roads. Although the privacy of that type of street is desirable, you may have maintenance responsibilities or different parking restrictions. 🚦 Busy Thoroughfares - You can't move the house once you buy it. If you are writing up an offer on a busy street, I encourage buyers to visit at different times of day to see how difficult it would be to get in or out of the driveway and to get a better understanding of how much traffic there will be. 🏘 Future Developments - Is the home near the Gold Line? A new housing development? Is the neighborhood being built into mixed-use buildings with storefronts? Investigate what is happening close to the property to see what it will be like to live there long term. Whether you are considering purchasing a home and want more information on the California Dream for All Program, or you are about to offload an investment property or inherited home, call me today! —Melissa Perez