Ricky Ablaza Top real estate agent in Milpitas

Ricky Ablaza

First Pacific Real Estate
26 Years of Experience
(1)
$4.5M
Total Sales Last Year
26
Years of Experience
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About Ricky Ablaza

I got started in Real Estate when I returned to the USA from the Philippines in 1998 I was working as a Car Salesman for more than 6 months and was pretty successful at it I was selling an average of 20 cars a month and making good money But I needed more to support a family of 10 My wife a loan processor at the time advised me to become a Realtor My last job back in the Philippines was as a Marketing Sales Director for a Second Home Real Estate Developer I had the experienceI was immediately drawn to the prospect of unlimited income working as a Real estate agent I knew I had to close loads of home sales a month to make that happen I had a slow beginning I did not close a sale until after 8 months To augment my income I worked as a Notary and as a Waiter on Wheels After I had closed my 1st Sale the next sale came easier and quicker Before I knew it I was closing 10 14 homes a year since I began in 1999 In the beginning all my sales were as a buyeraEURTMs agent I realized I could sell more homes as a listing agent for sellers Working with sellers has its advantages Sellers become buyers when their house is sold Many buyers who come to the open house do not have agents Then there are the neighborhood curious potential sellers who come to the open house who may be looking to sell their home in the near future What a great way to meet all these potential clients face to face without cold calling So I endeavored to learn how to be an expert listing agent I realized that the greatest service I could give home sellers is the ability to sell their homes Quickly Easily for TOP Dollar In fact I spent years figuring out what home selleraEURTMs needed to do to sell their homes FAST with the Least Stress and KEEP More MONEY in their Pocket I spent thousands of dollars on real estate training and education went to all types of webinars and seminars signed up with gurus and the latest and hottest technology The priceless training that gave me the knowledge and experience I needed came from the REO Industry REO means Real Estate Owned It is the term used for properties that are foreclosed by banks and financial institutions The banks use REO Listing Agents for the resale of these properties Only a very few handpicked Realtors are selected as REO Agents I was lucky enough to be chosen by Countrywide Bank of America IAS REO EMC and Chase to be their REO AgentThe result of all that training and experience made me an expert in the field of emerging market analysis property valuation investment analysis property rehabilitation marketing and the real estate transaction process In laymanaEURTMs terms I became the agent that gives valuable information to real estate sellers and buyers so that they can make informed decisions when buying and selling real estate My buyer and seller clients buy or sell their homes quickly easily while keeping the most amount of money in their pocketsI perfected a proven sales system to bring my home sellers to the closing table 95 of the homes I listed sold for more than the listing price and stayed on the market less than 30 days I would close around 5M home sales every year earning commission of roughly 150000 per year In the past two of the homes I listed did not sell because I didnaEURTMt know how to value them properly I was a rookie agent then and succumbed to agreeing with the seller because I needed to make money Now that I know how to use appraisal principles to value property correctly I no longer pander to what the seller thinks hisher home should sell for aEUR which is normally higher than the market can absorb Why because itaEURTMs unfair to lead the seller on when I know the property is priced higher than the market can absorb It is unfair to keep the home on the market knowing it will not sell and may get lowball offers I owe it to my clients to tell them the truth even if it goes against their presumption My intention is helping home sellers like you minimize the aEURoepain suffering frustration and angeraEUR that can happen when trying to sell a home
OTHER LANGUAGES
Tagalog
Community Involvement
Volunteer Economic Development Commission City of Milpitas
HOBBIES/INTEREST
Golf Music
FAMILY
Wife and 8 kids
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Specialties

  • Sellers
  • Buyers
  • Residential Property
  • Commercial Property

Ricky Ablaza's Reviews & Ratings

1 Reviews
(5/5)
Note: Reviews may include other agents on their team
What clients say about this agent....
  • Communicative
  • Professional
  • Responsive

Vineet Goel

Review for Member: Vineet Goel
December 20, 2017

My wife and I started house hunting in the bay area in Jan 2012. We knew it was going to be a very strenuous and demanding task. We needed an excellent realtor to get our dream house. We interviewed a few realtors and went on house tours with them. We were impressed with Ricky because he seemed extremely knowledgeable about houses, neighborhoods, schools, home valuation, short sale/foreclosures, multiple offer situations etc. So we decided to go with him exclusively to more open houses. The more time we spent with Ricky, the more comfortable we got with him. He helped us a lot in understanding houses and the tricky bay area real estate. He would always walk us through the different features/shortcomings of the house. He also guided us through remodeling ideas for many houses. On our request, he also brought along his handyman friend on a couple of house tours to help us get estimates on remodeling costs. If we were very interested in a house, he would take a few hours to do very detailed camps for us. This helped us walk away from some houses that seemed over-valued and bid on them if the price seemed right. All in all, we put offers on 4 houses. We lost the first two because of multiple bid situation. We had some inspection issues on the third one. Eventually, we lucked out on the 4th house and we were able to close. Everything went smoothly including inspection, 2 appraisals, mortgage and the eventual close of escrow. We moved into the house last week and are very happy with our purchase. Ricky set up a personalized web site on MLS for us with our search criteria. So we would get notifications about houses matching our criteria right away. This web site was almost as good as Redfin, and a lot more personalized. Since this data is coming directly from MLS, its 100% accurate and current. Ricky also recommended a Wells Fargo mortgage broker to us, and we decided to go with him as well since he gave us very competitive rates. The two of them work very well together which is extremely important to ensure everything happens smoothly between the offer acceptance and close of escrow. Ricky was always available by phone or email, even at very late hours in the night. I don't remember a single time in the 4 months that we spent working with him where he did not pick up my call or did not get back to me right away if I left him an email/vmail. I would highly recommend Ricky to all home buyers out there. He really cares about his customers and goes the extra mile. He is very friendly, reasonable, down to earth and extremely professional. Sure there were times when it took some time to get our thoughts and feelings across, but that's a part of any business transaction Thanks Ricky for helping us in getting our dream house.

Contact Information

Location

603 Carlsbad St Milpitas, CA, 95035

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