Our Carmel Valley listing closed escrow yesterday! It was the 3br/2.5 ba, 1,804sf home built in 1989 that we completed about $60,000 worth of upgrades in preparing for market (it had been a rental for years). The before-and-after photos were featured here: [button...
Tips, Advice & Links
Reset Your Tax Basis
When thinking about selling, homeowners (especially the long-timers) complain about paying the capital-gains tax on their net profit above the $250,000 exemption per person. With the rapid escalation in values lately, it has turned into a six-figure tax for many!...
Does Tilt Matter?
During the inspection of the fixer in Olde Carlsbad, it was determined that further investigation was warranted due to the slope in the floor. A geologic engineer came out with his fancy altimeter and found that there was a 5-inch difference between the foundation...
Mandatory Fire Inspection
The state has a new rule that any home that is within the Very High Fire Hazard zone must be inspected for compliance when selling. Each fire district has developed their own way to handle the requests, and Carlsbad charges $149 to visit the property and issue their...
Frenzy Season, 2022
The NFL added a 17th game this year, and pushed back the Super Bowl to the second weekend of February. It will be about as long as buyers can wait, and the following weekend should be gang-busters. If you're not putting your home on the market in the next 2-3 weeks,...
Contractors are Busy!
For those who are thinking of selling next year and plan to do some improvements, don't wait to begin. In fact, start today! Yesterday, I contacted three different flooring contractors, and all were booked into December. Our GC is currently booked for two months, our...
Easier to Go Up Than Down On Price
This is a repeat of the 2br house featured on my tour a few weeks ago, with the resulting sales price. The agent admitted they priced this 2br house low on purpose to attract a crowd, and it worked. The list price was $699,000, and it sold for $1,100,000 cash....
We Must Have More Frenzy
I said the other day that it will become hard to sell. But wait - isn't the demand overwhelming? Yes, but it's a price thing. It will be harder to sell.....at your price. Think of the pressure on sellers now. It was bad enough when the seller's ego had to endure the...
Frenzy Tips 2
This is the second collection of clips I did for our Instagram Reels. Because they were done with a handheld camera, there is a little too much face here. It might be better to watch it from across the room! P.S. Are you getting these types of insights from other...
“Commissions As Low As 2%”
Let's discuss the TV ads that are running by this company: https://idealagent.com/ Home sellers have a sneaky suspicion that they should hire a great agent, but they don't want to pay 6%. These ads combine these two pain points beautifully, and offer to pair you with...