BajaNomad

Anyone know a good real estate agent in Loreto?

JZ - 5-2-2021 at 08:20 PM

Especially, someone familiar with Loreto Bay?


JC43 - 5-2-2021 at 10:20 PM

JZ, senseless to ask, I think. Al dirt pimps are same. They are pushing the sales price as high as possible to make more money. 6 or 8 % from 500.000 is more than from 400.000.
But to buy these days might be a good idea. A friend of mine purchased a property here in Cabo and negotiated the price down by close to 30 %. Selling these days is a whole lot of a different story. I am watching some websites about selling properties. The offers are pinned in concrete! Those dirt pimps here in Cabo are considering changing their job to timeshare or even bar keeper.

ligui - 5-3-2021 at 05:41 AM

I like for Loreto bay Cris and Eric at Ronival. I have worked with them to sell some property and all they are very hard working and easy to keep in touch with .

52 613-118-8970

Also I am working with Denise and Cris at Live in loreto realestate on another project. Very professional and knowledgeable on all dealings in the area
954-608-7882

rhintransit - 5-3-2021 at 07:01 AM

I’ve just listed my Loreto Bay home with Dee Wise of Momentum Realty, their group is very good. I can also recommend Eric Olsen at Ronival.

[Edited on 5-3-2021 by rhintransit]

Lee - 5-3-2021 at 09:34 AM

Quote: Originally posted by JC43  
JZ, senseless to ask, I think. Al dirt pimps are same. They are pushing the sales price as high as possible to make more money. 6 or 8 % from 500.000 is more than from 400.000.


Not how RE works.

Market drives prices so blame the cash rich Californians coming down. Where I live in Pesky, Californians are building the nicest priciest homes. Rumor of legit drug money is abundant.

Prices will slow, even plateau, like the '08 scenario, but it'll come back and, IMO, now is a great time to buy. Don't know the Loreto market but Loreto Bay is popular.

RE people are brokers, middle men and women. Some have questionable ethics, and morals are sometimes out the window.

There are honest agents though who can help a client arrive at the right price for a sale. Sellers (owners) determine the price of their home. All sellers want the most money they can get. Buyers want lowest price they can pay. Been that way a long time.

Study the market, go slow, find an honest, ethical RE broker. Check references. Buyer beware.

JZ. What's up? You asking for yourself or someone else?

Rhintransit. Will you list details of your home here?

willardguy - 5-3-2021 at 10:51 AM

Quote: Originally posted by rhintransit  
I’ve just listed my Loreto Bay home with Dee Wise of Momentum Realty, their group is very good. I can also recommend Eric Olsen at Ronival.

[Edited on 5-3-2021 by rhintransit]


are you bugging out :?:

rhintransit - 5-3-2021 at 10:54 AM



Rhintransit. Will you list details of your home here?
[/rquote]

As soon as the listing is published, will post a link here. Photos are being taken today

[Edited on 5-3-2021 by rhintransit]

rhintransit - 5-3-2021 at 10:57 AM

Quote: Originally posted by willardguy  
Quote: Originally posted by rhintransit  
I’ve just listed my Loreto Bay home with Dee Wise of Momentum Realty, their group is very good. I can also recommend Eric Olsen at Ronival.

[Edited on 5-3-2021 by rhintransit]


are you bugging out :?:


Nope, one can never leave Baja once its really in your blood. Just time for a change.

JZ - 5-3-2021 at 11:57 AM

Quote: Originally posted by Lee  

JZ. What's up? You asking for yourself or someone else?

Rhintransit. Will you list details of your home here?


Wife and I are gonna come down this month to look at properties.


[Edited on 5-3-2021 by JZ]

JC43 - 5-3-2021 at 04:02 PM

Quote: Originally posted by Lee  
Quote: Originally posted by JC43  
JZ, senseless to ask, I think. Al dirt pimps are same. They are pushing the sales price as high as possible to make more money. 6 or 8 % from 500.000 is more than from 400.000.


Not how RE works.

Market drives prices so blame the cash rich Californians coming down. Where I live in Pesky, Californians are building the nicest priciest homes. Rumor of legit drug money is abundant.

Prices will slow, even plateau, like the '08 scenario, but it'll come back and, IMO, now is a great time to buy. Don't know the Loreto market but Loreto Bay is popular.

RE people are brokers, middle men and women. Some have questionable ethics, and morals are sometimes out the window.

There are honest agents though who can help a client arrive at the right price for a sale. Sellers (owners) determine the price of their home. All sellers want the most money they can get. Buyers want lowest price they can pay. Been that way a long time.

Study the market, go slow, find an honest, ethical RE broker. Check references. Buyer beware.

JZ. What's up? You asking for yourself or someone else?

Rhintransit. Will you list details of your home here?


Find an honest and ethical RE broker???
How do you know before doing business with him that he/she has ethical values?
Those references??????? Mostly published by themselves or friends.
Not a reliable source to find out about the dirt pimp.
Market determines the prices? Not always. Right here in CSL the prices do not vary since begin of the pandemic. But only very little is actually sold. Same on rentals. Nobody wants to be the first showing a better price. It all comes down to the sales/buying process. Put the money on the table and say: That`s it! Take it or leave it. It worked w/ my friend perfectly.

Lee - 5-3-2021 at 07:29 PM

Quote: Originally posted by JC43  

Find an honest and ethical RE broker???
How do you know before doing business with him that he/she has ethical values?
Those references??????? Mostly published by themselves or friends.


I was responding to your comment that dirt pimps are all the same. And that they drive up prices. And think you're wrong on both counts.

If you can't weed out honest from dishonest people, I recommend you not do business where money is involved.


RocketJSquirrel - 5-4-2021 at 04:04 PM

I've bought and sold about a dozen properties in three different countries and luckily have only met one "dirt pimp" in all that time. Even then I understood where he was coming from and did my best to limit his leverage.

JC43 - 5-4-2021 at 04:59 PM

Quote: Originally posted by Lee  
Quote: Originally posted by JC43  

Find an honest and ethical RE broker???
How do you know before doing business with him that he/she has ethical values?
Those references??????? Mostly published by themselves or friends.


I was responding to your comment that dirt pimps are all the same. And that they drive up prices. And think you're wrong on both counts.

If you can't weed out honest from dishonest people, I recommend you not do business where money is involved.



Well, First of all, I am doing business every day and money is involved.
On the other hand, name me one business where no money is involved?
Money is the thing to do business.
Secondly, I was not saying that ALL dirt pimps are same. What I wanted to point out: Be careful when dealing with a dirt pimp! MOST of them have no ethic values and it is like retired uncle Donald said: Money first.
Again, they have the strongest interest on every deal to push the sales price as high as possible. By reason of their own profit. Understandable?

advrider - 5-4-2021 at 05:29 PM

Not to derail JZ'S topic but It's seems like everything in San Felipe that sat on the market is now sold! I've been watching the area and it seems like everything sold during covid?
The legal weed business in California is making people very rich and they have money they need to put places. The problem with us Californians is that once we sell we can't afford to come back so you have to be sure before you go.

Lee - 5-4-2021 at 07:37 PM

Quote: Originally posted by JC43  

Secondly, I was not saying that ALL dirt pimps are same. What I wanted to point out: Be careful when dealing with a dirt pimp!....

Again, they have the strongest interest on every deal to push the sales price as high as possible. By reason of their own profit. Understandable?


My initial response was to your point that all dirt pimps are the same. That's what you wrote. Anyway, points taken.

My point in your last paragraph is that all agents work for the Seller, represents the Seller's financial interest (fiduciary). More money Seller gets, more commission agent gets. I would expect an agent working for me to get top dollar. If a buyer pays more than the property is worth, the agent is doing their job. Maybe you see this as a glass half full vs. half empty.

Unless there is a Buyer's Agreement between agent and buyer, the agent is working (getting paid) for the Seller, as commission is paid from the Seller's proceeds.

Without this Agreement, it's ethical for an agent to get a buyer to pay as much as possible -- as the agent isn't working for the buyer. Buyer is customer, Seller is client.

I'm not sure we're in agreement about the definition of dirt pimp. Unscrupulous, unethical, immoral, illegal, defines it for me.

Inflating property values, even artificially, to me, is not a dirt pimp but a RE agent doing their job.

No more point to be made here. We agree/disagree on intricacies.

BajaBlanca - 5-6-2021 at 04:22 PM

La Bocana has sold more lots and has more building going on than we have ever seen before!

Loreto Bay is so beautiful! What a good choice. Be sure you have a guest room and we can do a swap.

defrag4 - 5-8-2021 at 10:25 PM

I think you would prefer real mexico in Loreto proper over the gringo enclave/Karen fortress known as Loreto Bay

Cancamo - 5-9-2021 at 09:00 AM

No regulatory entity for real estate people here in Mexico that dictates standards, ie: no license required.
No Insurance, Bonding, Schooling, Examinations, etc....

Anybody can hang a shingle, beware. Lot of time-share types running around that can't cut it elsewhere.

motoged - 5-9-2021 at 09:10 AM

Quote: Originally posted by defrag4  
I think you would prefer real mexico in Loreto proper over the gringo enclave/Karen fortress known as Loreto Bay


Sounds like you haven't paid attention to his posts....

bajaric - 5-9-2021 at 09:35 AM

Quote: Originally posted by JC43  

they have the strongest interest on every deal to push the sales price as high as possible. By reason of their own profit. Understandable?


Actually, as pointed out in the book "Freakanomics" an agent representing the seller has an incentive to get the seller to accept a lower price, if it means closing the deal. Three percent of 500K is $15,000, three percent of 400K is $12,000 not a large difference, especially compared to three percent of nothing if the property goes unsold.

Lee - 5-9-2021 at 10:29 AM

Quote: Originally posted by defrag4  
I think you would prefer real mexico in Loreto proper over the gringo enclave/Karen fortress known as Loreto Bay


Just for a hoot, I'm betting you've never been to Loreto Bay. I mean stayed there, played golf, tennis?

I'd sure be looking at resale history before buying there.

Plus, golfers know the better golf course is Danzante Bay. Positive JZ is checking it out.

Here's the upside: if you golf, play tennis, pickle ball, swim, an all inclusive resort works. If food is upscale, you're home free. Sounds pretty good to me.

https://www.danzantebay.com
http://tpcdanzantebay.com/stay-and-play/


del mar - 5-9-2021 at 11:57 AM

Quote: Originally posted by Lee  
Quote: Originally posted by defrag4  
I think you would prefer real mexico in Loreto proper over the gringo enclave/Karen fortress known as Loreto Bay


Just for a hoot, I'm betting you've never been to Loreto Bay. I mean stayed there, played golf, tennis?

I'd sure be looking at resale history before buying there.

Plus, golfers know the better golf course is Danzante Bay. Positive JZ is checking it out.

Here's the upside: if you golf, play tennis, pickle ball, swim, an all inclusive resort works. If food is upscale, you're home free. Sounds pretty good to me.

https://www.danzantebay.com
http://tpcdanzantebay.com/stay-and-play/



no doubt Danzantebay is a beautiful course, at $210 a round and
Loreto bay at $110 a round they're both too rich for my blood:( as far as that gringo enclave/karen fortress called Loreto Bay it looks like a nice place to live to me!

mtgoat666 - 5-9-2021 at 01:37 PM

Quote: Originally posted by del mar  
Quote: Originally posted by Lee  
Quote: Originally posted by defrag4  
I think you would prefer real mexico in Loreto proper over the gringo enclave/Karen fortress known as Loreto Bay


Just for a hoot, I'm betting you've never been to Loreto Bay. I mean stayed there, played golf, tennis?

I'd sure be looking at resale history before buying there.

Plus, golfers know the better golf course is Danzante Bay. Positive JZ is checking it out.

Here's the upside: if you golf, play tennis, pickle ball, swim, an all inclusive resort works. If food is upscale, you're home free. Sounds pretty good to me.

https://www.danzantebay.com
http://tpcdanzantebay.com/stay-and-play/



no doubt Danzantebay is a beautiful course, at $210 a round and
Loreto bay at $110 a round they're both too rich for my blood:( as far as that gringo enclave/karen fortress called Loreto Bay it looks like a nice place to live to me!


yikes! that is expensive golf! much cheaper to play at my local city courses, torrey pines, balboa, mission trails. i would expect golf to be way cheaper in mexico -- why so expensive?

John Harper - 5-9-2021 at 02:17 PM

Quote: Originally posted by mtgoat666  
Quote: Originally posted by del mar  
Quote: Originally posted by Lee  
Quote: Originally posted by defrag4  
I think you would prefer real mexico in Loreto proper over the gringo enclave/Karen fortress known as Loreto Bay


Just for a hoot, I'm betting you've never been to Loreto Bay. I mean stayed there, played golf, tennis?

I'd sure be looking at resale history before buying there.

Plus, golfers know the better golf course is Danzante Bay. Positive JZ is checking it out.

Here's the upside: if you golf, play tennis, pickle ball, swim, an all inclusive resort works. If food is upscale, you're home free. Sounds pretty good to me.

https://www.danzantebay.com
http://tpcdanzantebay.com/stay-and-play/



no doubt Danzantebay is a beautiful course, at $210 a round and
Loreto bay at $110 a round they're both too rich for my blood:( as far as that gringo enclave/karen fortress called Loreto Bay it looks like a nice place to live to me!


yikes! that is expensive golf! much cheaper to play at my local city courses, torrey pines, balboa, mission trails. i would expect golf to be way cheaper in mexico -- why so expensive?


Because people are willing to pay those prices?

John

gnukid - 5-9-2021 at 05:00 PM

There is no agency in Mexico, no fiduciary responsibility, obligation, nothing to require the "agent" to be honest or complete any action. The first step of any real estate transaction is to declare no commission shall be paid to any agent and the offer is exempt from agency representation commissions. Lower the offer accordingly, and proceed, as a buyer the cost to close and complete steps are totally separate from any commission which provide no value whatsoever. A failure to declare there is no agency and no % of money shall be paid from your offer to agents could allow the fraudulent agency to take a large amount of money from the transaction with no benefit to you.

If the seller wants to pay the agent, that is their separate transaction outside of selling price. Make it clear. No agency. No commission, reduce your offer to price 10% below or 20% more below asking to start with no agency stipulation.



[Edited on 5-10-2021 by gnukid]

rhintransit - 5-9-2021 at 06:20 PM

Quote: Originally posted by John Harper  
Quote: Originally posted by mtgoat666  
Quote: Originally posted by del mar  
Quote: Originally posted by Lee  
Quote: Originally posted by defrag4  
I think you would prefer real mexico in Loreto proper over the gringo enclave/Karen fortress known as Loreto Bay


Just for a hoot, I'm betting you've never been to Loreto Bay. I mean stayed there, played golf, tennis?

I'd sure be looking at resale history before buying there.

Plus, golfers know the better golf course is Danzante Bay. Positive JZ is checking it out.

Here's the upside: if you golf, play tennis, pickle ball, swim, an all inclusive resort works. If food is upscale, you're home free. Sounds pretty good to me.

https://www.danzantebay.com
http://tpcdanzantebay.com/stay-and-play/



no doubt Danzantebay is a beautiful course, at $210 a round and
Loreto bay at $110 a round they're both too rich for my blood:( as far as that gringo enclave/karen fortress called Loreto Bay it looks like a nice place to live to me!


yikes! that is expensive golf! much cheaper to play at my local city courses, torrey pines, balboa, mission trails. i would expect golf to be way cheaper in mexico -- why so expensive?


Because people are willing to pay those prices?

John


Loreto Bay Golf Course usually offers weekly passes, the last one I saw, earlier this year, was $180 (yes, dollars, for those who always ask d or p?) for unlimited play for one week. And sometimes they have monthly passes. Do not quote me on rates, I suggest checking directly with the resort...NOT associated/administered by the HOA...for current deals, if any.

ligui - 5-10-2021 at 03:42 PM

Thought this was about Jz finding a realtor. Not about golfing. Does he even play ?

There is much more in the Loreto area to enjoy then just a round of golf. Besides you can live anywhere in the area and still go golfing.

Let's find him a good realtor to work with and maybe share some local knowledge about homes he might be interested in.

Jz you said you were looking for realtor. Ok. But what type of property are you looking for ? Water front , lower price ,local area ,American neighbors ,etc. Let's break it down then we can offer you what we know from those that have lived there.

Ps meet you guys at the 19 th hole.

rhintransit - 5-12-2021 at 09:01 AM

Quote: Originally posted by Lee  
Quote: Originally posted by JC43  
JZ,

...

JZ. What's up? You asking for yourself or someone else?

Rhintransit. Will you list details of your home here?


Photos finally available. The details of my casa for sale in Loreto Bay are available here. https://www.buyloreto.com/property/charming-2-bedroom-casa-c...

There is some place for everyone, and some time for a particular area. I have lived in a palapa on a remote beach (five years), a casita in Loreto town, and now about 7 in Loreto Bay. I’m moving on, not sure where, but Baja is in my blood and I will return.


motoged - 5-12-2021 at 11:06 AM

Nice place....good luck with the sale :coolup:

JZ - 5-12-2021 at 11:59 AM

Quote: Originally posted by rhintransit  


Photos finally available. The details of my casa for sale in Loreto Bay are available here. https://www.buyloreto.com/property/charming-2-bedroom-casa-c...

There is some place for everyone, and some time for a particular area. I have lived in a palapa on a remote beach (five years), a casita in Loreto town, and now about 7 in Loreto Bay. I’m moving on, not sure where, but Baja is in my blood and I will return.



Awesome place. Thanks for posting.


Lee - 5-12-2021 at 12:03 PM

Quote: Originally posted by rhintransit  


Photos finally available. The details of my casa for sale in Loreto Bay are available here. https://www.buyloreto.com/property/charming-2-bedroom-casa-c...

There is some place for everyone, and some time for a particular area. I have lived in a palapa on a remote beach (five years), a casita in Loreto town, and now about 7 in Loreto Bay. I’m moving on, not sure where, but Baja is in my blood and I will return.


Class act. Very, very nice. Continued success in your adventure. Don't know the market here but doubt any property will look nicer than this.

esemjay1956 - 5-14-2021 at 07:47 AM

Talk to Jill Jackson at 'Mision Loreto Properties'. We've known her for 15 years and she is great for both Loreto and LB!

pacificobob - 5-14-2021 at 11:29 AM

good council. i know jill and her family.