I tell potential home buyers to keep looking because you never know when you will find the right house - which is the most important part of the equation. Most will convince themselves that it will be easier to find the right house if prices came down, and besides,...
Why You Should Hire Jim as your Buyer’s Agent
Lowball Season
Let's face it, at least 90% of the current listings aren't coming off their price much. To get a deal, you have to make offers! Here are some good tips: https://www.realestateskills.com/blog/lowball-offers#offer
Biological Discoloration
We were discussing the "mold" found by a home inspector, who wasn't qualified to comment on the subject - though that didn't stop him from trying to scare the daylights out of the buyer just so he could CYA. I suggested that it was the garden-variety mildew that could...
Deal Killers
Last week, reader TOB talked about a buyer he knew who walked away from a deal over the Rampart fireplace. Here's a list of other issues that might be deal-killers, but we try to find a way to solve them before giving up!...
Showings Are Down
Home buyers don't have much - if any - control over the process, which leads to frustration and disappointment. They don't have any way to cause more homes to list for sale, and the only way to eliminate the competition is to out-bid them, which can be even more...
Publicizing The Listing Agent
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...
Underpricing to Create a Bidding War
Why you should Get Good Help! Kim Rohrer was looking forward to leaving the leaky windows in the two-bedroom Berkeley rental duplex that she shared with her husband and two small children. The couple recently found a three-bedroom, two-bathroom chalet-style house in...
More One-Story Premium
Over the last six months in Encinitas: There were 183 sales of two-story homes, and they averaged $744/sf. The 98 sales of one-story homes averaged $952/sf, or a 28% premium! Let's also note the price discovery here. The sellers and agent were smart to lower the price...
One-Story Premium
There were 158 two-story detached-home sales in the last 12 months in the 92011 (SW Carlsbad). They averaged $543/sf. There were 43 one-story sales. They averaged $685/sf. The premium? About 26%!
America’s Frenzy
https://twitter.com/RickPalaciosJr/status/1428727747711361025 The Big Reshuffle is backlogged! As people wait to relocate throughout the country, it really boils down to how patient you are. If you want and need to move today, then join the fight. The key is to find...