This sold for $3,100,000, which is a good value for those who appreciate this location and view - congrats Amy!
Estates Model
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Month: August 2018
Early and Often
Speaking of the Oracle, how did you like his price reduction? He was listed at $11,000,000 for 19 months with no adjustment, and then drops the price by 28% to $7.9 million? Is it a good strategy to drop that much, all at once? It would be, if you were convinced that...
Realtor Films
Here's a homebuyer story that also gives a little-known but important tip on how self-employed people can qualify for a mortgage (Freddie Mac only requires a single tax return to qualify). It combines a Zillow-like personal story with some education too - NAR...
Ed King, R.I.P.
Ed King started with the Strawberry Alarm Clock, but was best known as one of the three lead guitarists for Lynyrd Skynyrd (along with Allen Collins and Gary Rossington) - though he left after fights with Ronnie, claiming he was just a California hippie. Here is a...
State of the City of Carlsbad
Typical Home Seller?
Hat tip to Kerry for sending in the latest on the Oracle's house in Emerald Bay. The listing has run a typical path - while ignoring the current condition of the home, and able to make gobs of profit at half the price (the original $11M list price was 7233% above...
More Boomers In Debt
Will the current turbulence in the real estate market make boomers drop everything and list their home for sale in the coming months, or just scoot a little closer to the exits? How many were already counting on every dollar of equity based on their lofty estimates of...
Virtual Real Estate
Hat tip to Rick for sending in this incredible VR - I need to broker these! Investors are spending real money to buy land in a new city that only exists in virtual reality. Buyers can build whatever they want on their plots in Decentraland. Many hope to make a profit...
Open House Signs
More on how I use the open house as a selling tool:
New Ads from N.A.R.
The National Association of Realtors (who smartly reeled back their launch of a $250,000 new-logo-that-looked-like-the-old-logo campaign), is running new ads in 'a limited campaign targeting millennials'. Here are samples - I'll wait over here by the phone for those...
