I have sold two LCV listings this year - here are my results: Both of mine sold in the first week on the market for $100,000 over their list prices. The addresses highlighted in blue here are the group I named the La Costa Valley 6 - the comps that would have given...
Month: October 2023
More MLS Remarks
PLEASE DO NOT CONTACT ME FOR OPEN HOUSES. Title and Escrow to be seller's choice. Deposit to be in escrow within 48 hours of acceptance and seller has the right to cancel without providing a notice to perform, if the deposit isn't received by escrow within 48hrs. **NO...
Bob Dylan and the Heartbreakers
This guy is 82 years old! Bob Dylan made a surprise appearance on Saturday night at Farm Aid 2023 in Noblesville, Indiana. He played guitar (marking the first time he’d played guitar and not keyboard in live performance since 2012) and was joined by three members of...
Lingering Effects of Lowballs
As we roll into the Lowball Season, we're reminded of what happened in Carmel Valley at the end of 2022. Everyone's home equity was built up fast and easy over the last 3.5 years, and the more desperate sellers might give it back in big chunks if they had to....and...
Record Price in Aviara!
Our listing on Aviara Drive closed escrow yesterday, setting a new record for highest price ever in Aviara (an area of 2,025 homes in SW Carlsbad). It was one of those sales that needed everything to go right, because we were thrown a real knuckleball right in the...
Compass Adds Auctions
I've pitched Robert Reffkin a couple of times about auctions. Even though he is the Compass CEO and running an operation of 30,000 agents and employees, he replies to every email! He said they are working on the things that agents ask about the most. Apparently, he's...
Inventory Watch
By the end of last year, the active-listing count was down to 288, so there should be a steady decline over the next three months - with more sellers cancelling their listing than selling. The pricing ride through 2023 has been bumpy - and the similarities today to...
Buyer-Agent’s Commission and Steering
I have mentioned repeatedly that the buyer-agent is a dead man walking. All forces within the industry are combining to push the buyer-agent out of the equation, and home buyers will be worse off because they will only have faux representation when buying directly...
Open House Report
Now that summer is over and mortgage rates are screaming towards 8%, many will assume that the real estate market has gone dormant for the rest of the year. But my strategy of effectively sprucing up the house and utlizing an attractive price keeps working. Towards...