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Pete Simonetti

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Pete Simonetti,  in 19010
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About Me
Peter Simonetti, MBA, ABR

&

Rosie Foster, ABR

TWO Full-Time, Full-Service Realtors Specializing and Serving Residential and Investment Clients In the Main Line, PA area including towns/communities such as Ardmore, Berwyn, Bryn Mawr, Chesterbrook, Chester Springs, Daylesford, Devon, Exton, Gladwyne, Great Valley, Havertown, King of Prussia, Malvern, Newtown Square, Oaks, Paoli, Phoenixville, Radnor, Rosemont, Strafford, Valley Forge, Villanova, Wayne, and West Chester.

Values
Honesty, Integrity, Commitment, Empathy - Essential skills for success in any business, but especially important to find in an agent who is helping you buy or sell your home.

Business Strengths
They have a wealth of experience, knowledge and expertise in sales, marketing, and real estate. As multi-million dollar producers, Pete is a certified Mentor and a certified Relocation Specialist. Pete and Rosie have also earned their ABR (Accredited Buyer Representative) designation and are full-time active agents licensed in the state of Pennsylvania.

They handle all manner of residential real estate from 1 bedroom condominums to multi acre main line estates. Over the years, they have developed a reputation for fair and honest business practices, for ethics and integrity, strong advocacy and consistent results.

Rosie & Pete teamed up in 2006 to bring the benefits of two skill sets, two personalities, and two experienced opinions, to the home buying and selling process. Buying or selling a home can be very stressful - they'll make every effort to ensure that your experience is a positive one, and also one which you'll want to have with them again the next time you have real estate needs. Whether you are relocating to the area, downsizing, or moving across town, they'll help you every step of the way.

View their testimonial page - listen to what others say.

http://petersimonetti.weichertagentpages.com/Content/Content.aspx?ContentID=420371
My Q&A View all >>
Pete Simonet…'s Questions (0)
Pete Simonet…'s Answers (34)
Pete Simonetti answered:
Ann,

I think I know the house you're talking about - I saw it the first day it came on the market - the pictures show better than the house. Unless you have knowledge that the seller is under some sort of incredible pressure to sell, I'd say your chances are nil that you could buy this house for $95k more than it sold for in 1998.

I think everyone would like to get a good deal, but that house, with a bigger than average lot, in Devon?....no way. I would agree that the house (if it's the one I think it is) is overpriced and they haven't come off their original list price, but surely there are better options for you? What does your agent think? I'm sure they can find out from the listing agent if there's room for negotiation. - Fri Jul 11 2008, 15:17
Pete Simonetti answered:
Sandy,

First of all, the house being "worth" $1.2MM in 2005 - you can toss that out the window. Inventory levels in those areas are higher than they've been especially in the higher price ranges and it takes longer to sell.

However, homes ARE selling. Typically, it's those homes that are in very nice condition that are priced well. Assuming the home is being marketed correctly/well and it's in a good location, ultimately, it all comes down to the price/condition equation. You are competing in a market which has fewer buyers with more homes for them to choose from. If you're not one of the top values in your price range, I'd suspect that the house will continue to sit.

Are you getting showings? If not, from the limited information you've provided (not knowing anything about the property, condition, dom, etc) and your parent's motivation, I'd reduce. - Tue Jun 17 2008, 05:18
Pete Simonetti answered:
Mb,

I think you've made a good decision, and certainly in that price range, you should be able to find a home that will satisfy your needs. If you're going to be renting for a while, you'll have the opportunity to really immerse yourself in the area and decide what neighborhoods might appeal to you, whether you want to be within walking distance of the R5, etc.

Your best bet now is to get in touch with a Realtor who can start helping you identify properties to rent, get you info on the LM schools, and get you better acquainted with the area.

Ok, Line forms behind me..... - Mon May 19 2008, 14:08
Mb,

Living and working in Tredyffrin Easttown, I'm kind of partial. Another site to check is the Philadelphia Inquirer's Report Card on the Schools

http://aps1.philly.com/reportcard/aspx/districts2.aspx?distID=63

http://aps1.philly.com/reportcard/aspx/districts2.aspx?distID=43

As Jeremy mentioned, you'll want to definitely consider commuting distances. The TE school district is well regarded. Conestoga high school was ranked #2 in the state and #79 in the country in US News & World Report. http://www.usnews.com/sections/education/high-schools.

Best of luck with the move. I'm sure an agent in the Wissahickon area will add to these comments. - Tue Apr 29 2008, 19:47

Question removed

Pete Simonetti answered:
Gail,

Your home is currently listed with a real estate company. I'm not sure exactly what you're asking? - Fri May 16 2008, 19:32
Pete Simonetti answered:
Jeremy,

Somehow houses are more attractive once they've gone under agreement - kind of like the paintings at the art sale with the red dot. Someone else buying helps to validate your reason for wanting to buy - happens rather frequently with houses too.

Listing agents will sometimes take "back up" offers if there are doubts about the offer that was accepted. This would enable you to be in a better position to be the next offer accepted/negotiated should the current offer fall apart. This sounds good, but what it also does is to give the seller extra leverage when dealing with the first offer should there be unreasonable requests from a buyer. This may wind up helping to keep the first offer together if the buyer knows there is someone else ready to step in.

Your agent should be able to advise you on whether this makes sense given your situation. Their close communication with the listing agent could alert you to an opportunity to put an offer together.

Good Luck! - Thu May 15 2008, 05:13

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