Categories
Subscribe
More Languages
Contact
Mary Pope-Handy
Realtor
CRS, ABR, E-Pro, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Road
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
CA DRE License
# 01153805

Posts Tagged ‘Realtor’

Why Good Realtors Refer Buyers and Sellers to Lawyers and Tax Professionals for Some Questions

Monday, May 24th, 2010

There are a number of things which are related to the purchase and sale of real estate which require the professional guidance of those other than your Realtor, namely a legal or tax professional.  This sometimes surprises consumers.  Once I was discussing one of these areas with a prospective client and she felt quite frustrated and exclaimed, “you know the answer, you just won’t tell me!”  That was many years ago, but I’ve never forgotten it.  Many Silicon Valley home buyers and home sellers assume that they’ll never need to talk to a tax or legal professional, and if advised to do so, may balk.

So let’s talk about it.

In other states, such as New York, attorneys are very involved in real estate transactions. Here in California, though, that’s not the case most of the time.  We call on CPAs and lawyers when there’s a problem or a question which is beyond the real estate licensee’s scope.  I’ll provide a few examples.

Holding Title: Probably the most frequent question I get that I’m not allowed (or qualified) to answer is about how people should hold title when buying a home.  The purchase agreements we use (both CAR and PRDS) lay it out best and puts it in bold so that consumers don’t miss it:

“THE MANNER OF TAKING TITLE MAY HAVE SIGNIFICANT LEGAL AND TAX CONSEQUENCES. CONSULT AN APPROPRIATE PROFESSIONAL.” (newest revision of the CAR contract, April 2010)

Most title companies have a nifty little chart that summarizes the pros and cons of the various ways in which people can hold title.  But neither the escrow officer nor the real estate agent can tell you what’s best for you.  We know what’s most common, but that doesn’t mean it is best for you and your particular set of circumstances.  So talk to a CPA or talk to a lawyer (or both) if you do your research and are at all unsure of what to choose! (Old Republic Title has a summary of the most common ways to hold title in a downloadable pdf file, which you can access via this link.)
(more…)

  • Share/Bookmark

How to Choose Where to Live in Silicon Valley or Santa Clara County

Sunday, May 16th, 2010

How do you choose where you’d like to live in Silicon Valley?  Especially if you’re relocating here from out of the area, this can be a huge question.  Most Santa Clara County home buyers have strong preferences for low crime, good schools, and pleasant looking & quiet neighborhoods.

My clients often ask me to compare for them areas which are somewhat similar, such as Los Gatos & Los Altos.  Off the top of my head, I can give general answers, such as these:   Compared to Los Gatos, Los Altos is a  more expensive (perhaps 20 or 25% more?), has a very slightly smaller population, is a little more spread out,  has slightly milder weather and is overall “quieter” in terms of the downtown night life.  Los Altos is more convenient if you want to go to Palo Alto or San Francisco.  Los Gatos is more convenient if you like to visit Santa Cruz, Monterey and the coast.  Los Gatos is more mixed in terms of housing types (it still has many beautiful historic districts with nicely renovated Victorian homes, but also newer construction). Both are “nice looking” but Los Gatos has more varied terrain as it is nestled into the Santa Cruz Mountains. Both enjoy pleasant neighborhoods, good schools, lower than normal crime and community involvement.

That’s the kind of “ballpark” info I can tell people about various areas of the Santa Clara Valley, whether it’s comparing one part of San Jose to another (Cambrian Park vs Almaden Valley vs Willow Glen) or one city to another (Cupertino vs Saratoga).  I can give general info on schools.

What I can’t do (and most agents can’t) is recite from memory school API scores, median household income, housing density, crime statistics, etc.  For that we have the web!  Here are some very helpful links which can assist you in your search to find the part of Santa Clara County that’s the best fit for you, your wants, needs, and budget:

Want to compare areas in and near San Jose?  A great tool for some basic and broad information by zip code is a website called Zip Skinny.  Input a zip code and get fairly detailed info on it.  One of the best features of this site is you can compare one zip code to other, similar areas to check out the differences in density, education of residents, household income, and more.
(more…)

  • Share/Bookmark

Working With a New or Experienced Real Estate Agent? Some Things You Should Know!

Monday, April 14th, 2008

New real estate licensees don’t come with a warning label. There’s no magnetic sticker on their cars, like there are with folks doing Drivers Ed. About half the agents selling real estate in Silicon Valley have been licensed less than five years. And half the licensees sold no homes last year.

Realtor logoHow will you know if your potential listing agent or buyers agent is an inexperienced (if well intentioned) newbie? If you ask, will you get a truthful answer? A straight answer? If you ask how long, you may get a vague response like, ˜don’t ask! or ˜seems like forever!

  • The California Department of Real Estate Public Licensee Lookup will give you the agents license history. Don’t guess how long he or she has been in the business. Find out.
  • This, of course, won’t tell you how many homes he or she has actually sold. So ask for references and ask to view the homes sold on the web (agents can provide a printout with their names on it which indicate homes where they represented seller, buyer, or both)

Realtors (licensees who are members of the national, state, and local Board of Realtors) promise to abide by a code of ethics. A real estate licencee is not held to the same standard. So please start by making sure that whomever you hire is a Realtor. (Perhaps 1/3 are not.)

(more…)

  • Share/Bookmark

Mary’s Resume

Thursday, April 10th, 2008

This page is under construction. In the meantime, you may view my resume here:
http://www.popehandy.com/profile/index.cfm

and testimonials from my cients here:
http://www.popehandy.com/profile/testimonials.cfm

  • Share/Bookmark

About Mary

Monday, February 18th, 2008

I am a full-time, second generation, award-winning & enthusiastic Silicon Valley Realtor. (My mother, Pat Pope, was a highly regarded & successful Realtor in the San Jose, Santa Clara, Cupertino and Saratoga areas from 1956 until her death in 1996.) Real estate was my second career after I’d worked happily in the area of religious education (in Catholic high schools) & ministry for several years. Economics necessitated an employment change, and real estate was a natural fit as it really is a “helping profession” and I’d grown up with it. I like to joke that my first words were “raised foundation”.  

An area native, I was raised in Santa Clara and Saratoga, attending public and Catholic schools, and graduated from Saratoga High in 1977. As an adult I lived in several parts of the valley, including 10 years in Cambrian Park, and since 1999, in Los Gatos.

I hold a Bachelor of Arts from Gonzaga University in Spokane (a Catholic university run by Jesuits – in Religious Studies, 1981) and thanks to my parents’ generosity, was able to enjoy a fabulous Junior year abroad at Gonzaga-in-Florence, Italy (1979-1980), which cemented my love of travel and all things Italian. (With some refreshing, I can still manage a simple conversation in Italian – which is fun!) After some teaching, I earned a Master of Arts (in Systematic Theology, 1986) from The Graduate Theological Union/Jesuit School of Theology at Berkeley.

Afterwards I returned to teaching religion in Catholic high schools, a very rewarding career, for a few years, until our children came onto the scene. I did a lot of related volunteer work too, with my favorite being as a volunteer chaplain at Good Samaritan Hospital in the early 90’s. Additionally, I worked in the Rainbows Program at our parish, St. Mary of the Immaculate Conception in Los Gatos. Rainbows is a peer-to-peer ministry/support group for kids suffering from any major loss, such as the death of a parent or divorce.

My husband, Jim Handy, analyzes the semiconductor market. He grew up in many places due to his father’s line of work and speaks French and he too loves to travel; eons ago we honeymooned in Tahiti on Bora Bora where he got to practice his language skills (between their Polynesian French and his Belgian-Swiss-American accent it got interesting at times). We have been very happily married since 1985. Jim has been a Parks Commission volunteer in the Town of Los Gatos for years, so I get a lot of interesting information about the town’s doings from him!
Our two children, Brian & Clair, are now teenagers. Real estate is inescapable for them, as it had been for me, and when Clair was in second grade she said, “uh oh Mommy, we have termites!” and had correctly spotted the telltale drywood termite pellets on our hardwood floor; I suspect she was the only second grader with the ability to correctly identify termite activity. So, real estate is a little contagious! The kids do some assisting for me in summers and are a big help.
Like their parents, they love to travel and together we’ve been in much of the US, plus parts of Mexico, England, France, Switzerland, Italy, and Japan.  Brian is now a freshman at Loyola Marymount University in Los Angeles, having graduated from four happy years at Bellarmine College Preparatory in San Jose. Clair is currently a senior at Notre Dame High School in downtown San Jose.
 
I hail from a large and loving extended Irish-Catholic family and it’s a very tight-knit group. In my free time, I enjoy keeping in touch with them and with many old friends (who feel like family) – and actually many friends and relatives become my clients, just as my clients often become my friends. In recent years, that’s meant a lot of time with older family members. My grandfather, Col. Michael Buckley, died in 2006 at 104 years old and lived about an hour away at a Catholic nursing home in the east bay. My father, John Pope, passed away at Kaiser Hospital in Santa Clara in late June 2008 after a lot of heath problems and a terribly prolonged battle in the ICU. I was honored to be able to spend a lot of time with both of them in recent years.
 
I try to put a priority on family visits and reunions. (And I have spent a lot of time at relatives’ retirement homes so earned my designation as a Seniors Real Estate Specialist). My siblings & many other relatives come here to visit often and I’m happy that usually they stay at my house. As one cousin said, “sometimes it’s as if you have a revolving door at the front of your house: just the way you like it!” 
 
Other hobbies of mine, besides traveling at every opportunity and staying in touch with family & friends, include photography, brushing up on the Italian language, reading mystic, spiritual, theological & church books and articles, enjoying walks in my neighborhood at the base of the foothills, listening to all kinds of music, cheering on the New England Patriots (the quarterback, Tom Brady, is my second cousin) and devouring information related to real estate.  Although I went into Real Estate because it pays better – and Silicon Valley is certainly an expensive place in which to live – I do love it.
 
My enthusiasm spilled over into a book project;  I co-authored a book, “Get the Best Deal When Selling Your Home In Silicon Valley”, which came out in late December 2004. (You can find it at the San Jose library, on Amazon.com and select bookstores.) I’m passionate about this field, but mostly about every client’s happiness, which is why I’m highly referred.

Awards:  Real estate has been a good career for me and I have many awards for sales production as well as for service – normally I am in the top 5 to 10% of agents in the county (true also through the downturn!).  You can read about those in more detail on my profile page at one of my two main websites, popehandy.com.

Internet marketing and blogging: I was an early adapter to web marketing on the web, and because I found it rewarding (in every way), I followed with also embracing blogging several years ago.  That, too, has been a fun thing to do and it has helped me to market my listings and to grow my business.  In 2007 I won the Project Blogger Contest (sponsored by Active Rain and Inman News) together with my blog mentor, Frances Flynn Thorsen.  In 2009 I was deeply honored to be named one of the Top 12 Women Real Estate Bloggers for 2009 by Joe Ferrarra and Sellsius.
Speaking & teaching on social media, blogging and web marketing: I have taught courses and sessions on blogging, web marketing and social media.  Additionally I have been a panelist at Inman News for the annual San Francisco conference Inman Connect, have twice been a panelist at my real estate board’s breakfast meeting (once for top producers and the other for bloggers) and was a panelist also at a Realty World Convention in 2009. 

Links on my family & me 

 My Grandfather, Col. Michael Buckley, Jr., was in North Africa as an unarmed military observer with British Troops in Libya two weeks before Pearl Harbor when they were captured by German troops….
Article on Mary’s Grandfather, the first POW of WW2 for the US
 
You can find my book at the San Jose or Los Gatos public libraries, Borders in Los Gatos (check the Local Authors section by the cafe) and the Silicon Valley Association of Realtors Bookstore. The Santa Clara County Association of Realtors Bookstore carries it too. Or, order it online via Amazon: “Get The Best Deal When Selling Your Home In Silicon Valley”. Or call me for a consultation on selling your home and I will give you a copy!
Amazon Link to order my book
 
 Jim, my better half, also wrote a book. I confess, though, that it is so high-tech that I only understood the dedication….
Jim Handy’s book, “The Cache Memory Book”
 
 My brother, Steve (Prof. Stephen J. Pope), is a theologian/social ethicist at Boston College. He’s published one book (just finished a second one), edited several others, penned many published articles, and has another book about to be released. This one was the fruit of his doctoral dissertation.
The Evolution of Altruism and the Ordering of Love
 
My sister, Barb, is just awesome but she is somehow under the radar of the web. So it goes! Maybe someday she’ll write a book and I’ll publicize it here :) Goodness knows she’s smart enough…. 
 
When Jim married me in 1985 I liked football but didn’t follow it all that much. Now that I have a family member on the field, it’s all different (I’m not the woman he married – at least not during football season!). Truthfully, though, I’m as proud of my cousin for the way he handles himself off the field as on it. Good job, Tommy!
The New England Patriots
 
Another one of my second cousins, Ryan Slack, is helping to revolutionize real estate on a national scale. I’m so impressed and proud of him for his work in founding and growing Property Shark first, and now moving on to start Green Pearl.

Mary Pope-Handy Elsewhere on the Web

PopeHandy.com My personal, comprehensive website with hundreds of pages of information. Not to be missed: an “Organizer” for collecting MLS information. Not only can you get alerts (between once a week and 4 times a day, as you like), but you can mark properties as interested, or delete them, or make notes to refer back to on the properties later. Very, very cool.

Market Trends & Stats Newsletter for Silicon Valley: The Real Estate Report Monthly stats and trends for Silicon Valley broken down by city/town: San Jose, Saratoga, Los Gatos, Campbell, Monte Sereno, Sunnyvale, plus regions within San Jose such as Cambrian Park, Almaden Valley, Willow Glen and so on.

Belwood-Belgatos.com My small site on the Belwood, Belgatos and Surmont neighborhoods of Los Gatos. Tons of good info for residents and prospective residents, from Belgatos Park info (and whom to call if it’s closed and should be open, for instance), to the Belwood Cabaña and how to rent it for your next party to housing stats for the community and a neighborhood calendar of events. More is being added so check back often

HauntedRealEstate.comI like houses, but haunted ones are especially interesting! All about haunted and stigmatized properties, about selling them, about taking a ghost tour, and more!

Live in Los GatosMy blog about Los Gatos: neighborhoods, shopping, dining, history, events, Los Gatos real estate, and more.
The book – My Book, “Get The Best Deal When Selling Your Home In Silicon Valley”  is now widely available in libraries and bookstores as well as via Amazon.com and directly from me. Click on the link for more info on the book and what’s covered.

Twitter:  http://www.Twitter.com/MaryPopeHandy
Facebook: http://www.Facebook.com/LosGatosRealEstate
also www.Facebook.com/popehandy

  • Share/Bookmark

What’s the Difference between a Realtor and a Real Estate Agent or Licensee?

Wednesday, February 13th, 2008

nar-logoA real estate agent is someone who’s taken a course (or more) and passed a state exam and is licensed by the state to sell real estate.

A Realtor (pronounced REEL-TOR, not real-a-tor) is an agent who’s ALSO a member of the National Association of Realtors, which is a voluntary trade group. Realtors promise to abide by and take very seriously their Code of Ethics. Ever wonder what is in it? It’s not short and is quite comprehensive. Take a look:

http://www.realtor.org/mempolweb.nsf/pages/code

Please understand that not everything that is legal is also ethical – Realtors have a higher standard of practice. Often non-Realtors (at least in Siliocon Valley) are not full-time agents but dabble in real estate. Realtors are usually full-time and work as professionals.

Finally, if you have a problem with an agent who’s not a Realtor, you have to complain to the state. With a member of NAR, who is almost always also a member of the state association (CAR – the California Association of Realtors) and local (either SILVAR – the Silicon Valley Association of Realtors or SCCAOR – the Santa Clara County Association of Realtors), you can take action locally for most any issue and do not need to go all the way to the state level. Agents work hard to remain in good standing with the local, state, and national boards.

In the San Jose area, most of the large realty firms are “all Realtor” offices. Usually becoming a member of NAR, CAR and either SILVAR or SCCAOR is a requirement for joining the company. In other areas and in other states, in can be different. So it’s mostly the independents where you’ll find a real estate licensee who’s not also a Realtor. But ask!

When you interview an agent, then, the first question to ask is this: are you a Realtor?

  • Share/Bookmark

Silicon Valley is a Bifurcated Market

Wednesday, May 16th, 2007

Broderick Perkins of Deadline News lays out what is going on with our split Silicon Valley Market in his article Silicon Valley Haves-Have-Nots Rift Widens.

The article matches my experience that the wealthier areas of the valley (mostly in the west side communities of Los Gatos, Saratoga, Cupertino, Sunnyvale etc.) have low inventory and multiple offers and prices are rising, wheras lower priced housing on the eastside is much more of a buyer’s market.

  • Share/Bookmark