The California Association of Realtors had to re-write a few of their new forms in order to comply with the DOJ critique. These revised forms get released tomorrow, and they will probably help chart the final path for buyer-agents. There are two noteworthy points in...
The other day I popped off about how the market was deteriorating and we'd be lucky to see 100+ monthly sales the rest of the way in 2024. What do I know? Here is the sales data for this month so far: There are two solid weeks left in July - could we get to 200 sales...
This house for sale is down the street from the one I sold in October, 2022 for $2,250,000 and I said then that I didn't think another home would sell in this neighborhood for less than $2,000,000. None have closed under $2M since then, and the last two sales were...
This is a terrific value for a Terramar beach bungalow! The original bungalow is habitable now - it has a new roof, new furnace, real hardwood floors, and pool plus a studio with kitchen and bath was built in the back of the garage! There hasn't been this good of a...
This business used to be civil. It was probably obvious that the contracts were drawn up by the realtor attorneys to protect realtors, but there were adequate protections for buyers and sellers too. This commission lawsuit has changed everything, and now they only...
In this environment, I want to sell attractive entry-level homes! https://www.compass.com/listing/180-bautista-court-unit-77-oceanside-ca-92057/1618313200321279873/ Sold for $705,000 and the buyer paid the $17,000 HOA assessment for roof/termite.
I was on a national sales call yesterday where agents from coast-to-coast were complaining about how bad their market is currently. I kept thinking, "It's nothing price won't fix!" Instead, the common fallacy that 'it just takes longer to sell a home' will prevail....
Remember my uncle's house in Los Altos? The buyers paid $4,137,000, and financed $2,689,000, which at 7% will be around $17,890 per month. Add around $4,000 per month for property taxes and $1,000 for insurance and it totals $22,890 per month. And now they are renting...
Are you going to hire a less-experienced agent who isn’t as good on pricing, just to save a point because you trust your zestimate? Yikes!
