Yesterday, reader Jim repeated the common belief about the Compass 3-Phase Marketing Plan: Compass isn’t going this route to protect sellers - they are trying to increase their dual agency transactions which will lead to more profits for a publicly traded company. In...
Jim the Realtor
Anza
If living in the rural countryside is acceptable but being closer to San Diego is a must - maybe Anza might work for you! It's only 65 miles from Carlsbad and a place where homes are in the $400,000 - $600,000 range! https://www.homes.com/anza-ca/houses-for-sale/
San Diego Inventory
The March new listings in the San Diego metro area look good with our 12.7% being one of the lowest national increases year-over-year (above). But after a few months of this, the unsolds are starting to stack up: Buyers don't seem to mind, and for them it can only get...
Compass vs. Zillow
Yesterday, Zillow released a statement....an excerpt: Our standards are straightforward: If a listing is marketed directly to consumers without being listed on the MLS and made widely available where buyers search for homes, it will not be published on Zillow. These...
More on Pocket Listings
Let's talk more about my two favorite topics this week: Be Bold and Forge Ahead, in spite of the distractions. Off-market sales. If you are a potential home buyer or seller who is chuckling to yourself about my lame attempt to instill some hope into the marketplace,...
Adverse Uncertainty
Now what? Let's reflect on recent history, because it's the only history that is relevant. Flush with equity, how do home sellers react when faced with adverse uncertainty? We have recent experience....Covid-19! In the first couple of months after that drastic...
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Ok, we're home. What'd I miss?
NAR CEO Nykia Wright
https://www.nar.realtor/magazine/real-estate-news/nar-ceo-nykia-wright-meets-with-house-speaker-mike-johnson-congressional-leaders We are in Dallas for two days only and we'll be back home tonight. We came to the inaugural Summit Event here last year and it was jammed...
Dumb Home
Cutting-edge technology was once a de rigueur residential amenity for any eight-figure listing, along with elaborate home gyms, zero-edge swimming pools and 12-car garages. It’s becoming nearly impossible to find a fridge, toaster or LED light that isn’t Wi-Fi-enabled...
Trendy Tuesday – Natalie
The whole Klinge family is attending the 1000Watt Brand & Marketing Summit in Dallas this week - yeehaw! One of today's speakers dove into AI and how agents can use it to save hours of time doing mundane work. But I think everyone could benefit from these tidbits!...