Thanks to the folks who sent in the Property Radar press release yesterday regarding the July sales in California. They mentioned that median prices fell in 13 of the state's largest 26 counties:...
Month: August 2014
‘Til Tuesday
Their first visit to New York back in 1985: http://en.wikipedia.org/wiki/'Til_Tuesday
Investors Going Further Out
Housing recovery pushes investors into more remote areas to find deals, with more looking to flip properties, C.A.R. survey finds LOS ANGELES (Aug. 20) – Given the depletion of distressed homes on the market, investors are changing their strategy and are moving away...
Agent-Matching With A Twist
This is what happens when our industry leaders are asleep at the wheel - others keep jumping in to get their piece of the action. These guys seem like just another agent-rating website, but they are a real estate brokerage too - and will co-list the property with the...
More NAR Nonsense
Whether they merge or not, Zillow and Trulia are ahead of us. Let's spend our dues on making realtor.com competitive! http://nypost.com/2014/08/15/realtors-want-ftc-to-block-zillow-trulia-merger/ The National Association of Realtors — one of the most powerful lobbying...
Best Real Estate Blogs
Broadview Networks compiled a list of real estate blogs around the country. The common theme among them? Get good help! Check them out here: http://www.broadviewnet.com/top-real-estate-blogs/
Natalie Klinge
It was quite a day today, but hey, they're all great days! I think we are as busy as we've been all year, and for one reason. Logic and common sense are returning to the market. They are being fueled by Zillow and Trulia, because they are providing a baseline - some...
Kickbacks
When you see the phrase, "Seller to Select Services', it is code for the listing agent to dictate the escrow and title companies for your transaction. The affiliated companies are big business, and the listing agent's brokerage will typically get a piece of the pie -...
Pearl Bay
http://www.contemporist.com/2014/07/24/pearl-bay-residence-by-gavin-maddock-design-studio/
Sales Effectiveness
When comparing active listings to pendings, we have called a 2:1 ratio 'normal'. It goes the same for total listings-to-solds; only half the listings sell in a normal market (which can be an abrupt lesson for sellers to realize that there's a 50% chance of failure)....