Tj and the bear asked for more details on the open bidding experience, seen here: 1. Buyers and Agents Were Willing to Participate. There weren't any objections - people were willing to do it. I only put a note in the MLS remarks that morning, and told people who...
Month: November 2012
Indian Summer
November 5th is a beautiful day in San Diego - we celebrate it every year:
Foreclosures Rising?
Our friends at Dr Housing Bubble Blog noted that foreclosure notices were rising last month - for those hoping for more inventory, it would be a welcome relief to see the banks on the move. If a surge of REO listings hit the market right after the Super Bowl, it...
Dwell Home Tours This Weekend
San Diego’s rich modernist architecture—which was founded on seminal works by architects such as Louis Kahn and William Pereira—is abundant with groundbreaking private homes from today’s most forward-thinking firms. Ten of these houses, from new builds to remodels,...
Transparency Live!
This is a lot of ground to cover here: 1. The more comfortable the listing agent can make it for buyers, the more likely they will pay more. 2. The fairer, the better. 3. Get top dollar, and figure out the rest later. P.S. The 30% bigger house next door sold for...
More on Berky
Sent in from a reader: Ah, but there is one thing a company like Berkshire Hathaway can do if it develops dominance in the market. It can decide not to participate in the MLS by setting up its own in-house version. Suppose it can get more than half the listings for...
What Berky Could Do
Berkshire Hathaway HomeServices - or any other "premium franchise brand" - could change the game of real estate....but they won't. Why? Because the existing model is very profitable, and there is no threat from outside. An example of how the existing model works: A...
Heat Tester
This is a long street in San Marcos, having 79 houses on it. During the 2004-2008 bubble era, there were 27 sales - wouldn't you think that there would be plenty of action these days? There has been one sale in the last 12 months on Shenandoah:
Berky’s RE = Status Quo
Berkshire Hathaway has partnered with Brookfield to create Berkshire Hathaway HomeServices, a "new premium franchise brand", according to their blog's announcement. They and others are claiming that it will be a real game-changer, with Prudential California Realty's...
Peak of a View
The number of homes available for video-touring has been dwindling for months - as a result, some of these might seem redundant, so I'll try to add tips and market updates too: