The old rule was that any agent could advertise any MLS listing via the IDX, as long as the listing agent's name and brokerage was displayed. But now you have to include their contact information too. He sounds confident because this is clearly a shot at Zillow but...
Nicolas Berggruen, a real estate investor who earned the moniker “homeless billionaire” through his jet-setting lifestyle and lack of a permanent address, just shelled out $63.1 million for the Hearst estate in Beverly Hills, winning the prized property in a...
They will get some flak in the tony areas but it's a great way to make 12% commissions on expensive luxury properties ($2,000,000+ minimum) plus management fees. An excerpt: Pacaso announced today that annualized revenue run rate has hit $330 million. In the second...
The two local legends Michael Batter and Janice Kay-Batter talk architecture and real estate: The list price on this Compass listing is $4,375,000 and it's now pending.
Mike sent out a comparison of mortgage lenders and their quest to disrupt the real-estate-selling business. Here he shows how Rocket is the dominant mortgage lender in the country, and their press release describes their ambition - they think being the...
Hat tip to GW and AK who sent me an article by Fortune, that references this article: https://www.zillow.com/research/forbearance-exits-inventory-2021-29931/ An excerpt: With expiration of a broad federal foreclosure moratorium on July 31, hundreds of thousands of...
There were 48 new listings between La Jolla and Carlsbad this week, and 48 new pendings! The pendings are evenly divided too: NSDCC Pending Listings: 0 - $1,000,000: 7 $1.0M - $1.5M: 78 $1.5M - $2.0M: 77 $2.0M - $3.0M: 78 Over-$3,000,000: 77...
The NSDCC Monthly Sales were hopped up in April and June of this year, but are now getting back in line with previous years. Is the demand 'cooling off', or is it because we don't have enough homes for sale? NSDCC Listings & Sales Year June Listings July Listings...
How do you get the $500,000 tax exemption on the net profit from the sale of your home? If you and your spouse file tax returns jointly, and if both meet the "use test." That means you both lived in the house as your primary residence for at least two of the five...
https://www.newyorker.com/magazine/2002/02/11/the-real-heroes-are-dead
