On the surface, it probably looks like old Jim the Realtor really made out nicely. He round-tripped his listing (represented both the sellers and buyers) on Los Robles, and knowing he's a full service guy, that must have been a six-figure payday! Not so fast. We had a...
Yesterday, it was announced that CoStar is buying Matterport. Excerpts: I look forward to welcoming Matterport to the CoStar Group family and believe that we will be stronger together, in pursuit of our common mission," said Andy Florance, Founder and CEO of CoStar...
On Friday, the Plaintiffs’ counsel filed a Motion for Preliminary Approval of the commission-lawsuit settlement agreement with the federal court, so the two new rules will go into effect in late July, apparently. The plaintiffs have requested a hearing on final...
The first quarter of 2024 is the only 1Q in recent history to have increases in BOTH the number of listings AND the median list price. Previously, increases in pricing had a corresponding dip in the number of listings available for buyers to consider. If you are like...
While the media has been stirring up their hysteria over the commission decoupling.....this from CNN: It's the second part of the settlement that will likely frustrate buyers even further: Let's call it, The Return of the PEAD! When Covid broke out, it was decided...
This was going to be the big test. The controversial local brokerage in Los Altos was offering a measly $10,000 commission to the buyer-agents on their listings, most of which were $4,000,000 and up. They listed a similar house on a quiet street about a mile away for...
In January, 30% of the NSDCC sales offered less than a 2.5% commission to the buyer-agents, and in February it was 25%. Since the NAR settlement was announced on March 15th, 40% of the listings are offering less than a 2.5% commission to the buyer-agents. There isn't...
Instead of a glut forming, the number of houses for sale between La Jolla and Carlsbad has been decreasing lately. April will be fantastic for sellers! So will May and June, and probably July! 😆 I can help you with that!...
How thin is the margin between winning and losing? I heard this story yesterday about a house for sale in Carmel Valley. It had 14 offers. The sellers selected what they thought was the best offer, and headed off to escrow. But the buyer and their agent had made...
5450 Los Robles Drive, Carlsbad 3 br/2 ba, 2,700sf YB: 1976 7,200sf lot No HOA or Mello-Roos fees LP = $2,900,000 Open 12-3pm Saturday and Sunday, March 16&17. Check out this ultimate retro-mod beach house at the quiet end of Los Robles Drive and at the highest...
