Zillow's "Coming Soon" feature is picking up steam - up to 16 listings in SDCO: Here is the list of 16 properties: http://tinyurl.com/lt2bdwu But that's out of 8,669 properties for sale, which is only 2/10s of 1%. We would need hundreds of Coming Soons to have any...
Listing Agent Practices
Working the Plateau
Buyers and sellers are aware that the market has been cooling off, though if you go by the soundbites, nobody seems to know why. From Dr. Shiller this week: "The market has been very strong since 2012. It's up 27 percent since March of 2012. It's been a huge boom,"...
Sunday Open Houses!
Enough of this wild speculation about the future - let's sell some houses! Both Richard and I will be conducting open houses in the same neighborhood tomorrow - two for the price of two!...
Sex Scandal
The realtor sex scandal isn't over yet. The homeowners were unsatisfied with the response from CB, so they are publicizing their story on their own website: http://www.coldwellbankerstinks.com/ CB is claiming that now they are the victims, and accused the homeowners...
Zip Sold
It was announced that Zip Realty is being bought by real estate conglomerate Realogy (Coldwell Banker, ERA, Century 21, Better Homes and Gardens, and Sotheby's International). Commenters at the bottom of this article scoffed at the benefit:...
Life Goes On
Tragedy helps us better appreciate the good things in life. One great thing is the challenge of selling real estate, which is undergoing an evolution right before our eyes. Agents themselves are contributing, and we could end up undermining - or imploding - the...
Bet Your Boots?
Another attempt to corral the off-market pocket listings into a profitable venture - this by grouping the top producers together into their own MLS Club: http://www.bloomberg.com/news/2014-07-10/pssst-wanna-sell-your-house-can-you-keep-a-secret-.html An excerpt: Wall...
Open House Report
I think it's going to get harder for casual observers to navigate this market. Not only have there not been many comps, but the list feels like it is dwindling. It causes buyers to want to hedge but it also gives sellers permission to reach for the stars. Those who...
Encinitas New Listing
There is a chance that disruption could be upon us. Reader Booty Juice said today said that since he bought his house 30 years ago, the transaction process hasn't changed a bit. It hasn't - sellers still pay a full commission for two agents to figure out how to get...
‘Coming Soon’ – Two-Week Report
Zillow's new feature has been out for a couple of weeks, and currently there are seven 'Coming Soon' listings in San Diego County: http://www.zillow.com/san-diego-ca/#/homes/coming_soon/San-Diego-CA/ Two of the seven are new-builds listed by the developer, so with...