It's been obvious that the entire real-estate-selling business has been deteriorating towards single agency. I see it every day on the street, and I've posted evidence of the shift regularly. The trend is moving quickly now on multiple fronts. The DOJ is going to...
Last month their annual appreciation guesses were in the 3% to 4% range, now they are up to 4.9% to 6.3% for the next 12 months! We'll probably exceed those in the first quarter of 2024! Carlsbad NW - 92008 Carlsbad SE - 92009 Carlsbad NE - 92010 Carlsbad SW - 92011...
I thought it would never happen. I sold a listing off-market. There wasn't much hope that we could sell 1704 Azul Vista for $2,000,000+. There had been only one sale over $2 million ever, and it was an off-market sale in May, 2022 - the absolute peak of the frenzy....
There had to be skeptics to my Los Altos Adventure last weekend. Did you mis-price the house by more than a million dollars on purpose - or just by accident? Come on - you were 440 miles out of your normal market area....dude....you got lucky!! I like to pay close...
We can expect that the election season will be like no other in the history of the USA! Prepare accordingly! Can you imagine how this will play out? If Biden wins, there will be a civil war. If Trump wins, he's promised that there will be full chaos on Day One. We can...
Once a home is for sale but not selling, how do you know what to do? Both buyers and sellers can apply my List-Price Accuracy Gauge: Once the home is on the open market, if it is…… Getting visitors and offers, you are within 5% of being right on price. Getting...
This video includes a tour of the house so you can see what $4,200,000 gets you in Silicon Valley. The eight pine trees are protected, and thankfully, they are isolated into two extreme areas: What does that money buy around here? Examples:...
Once we raised the list price yesterday, the message spread quickly. I still had a good turnout at my open house - about half of the amount of attendees that I had on Friday - but many came just to ask why the price changed. Agents appreciated the transparency though,...
I don't make it a habit to drive around the state looking for sales - my uncle lived here for 47 years and survived the last couple of years by himself. Every 90-year old needs to have people around! He moved to a senior facility in Marin County to be closer to my mom...
These Palo Alto guys have been making national headlines since they rolled out their reduced-commission program last week. They are offering a $10,000 fee to buyer-agents, instead of a percentage, AND encouraging buyers to come directly to the listing agent to avoid...
