Did you know that none of the jurors had sold a house before? It was part of the screening too, and the defense attorneys were so cocky that they didn't think it would matter. Their witnesses were a smart-aleck NAR CEO on his way out the door, and an elderly...
The first week after the realtor-lawsuit verdict went as expected - chaos, doom, and no sexy alternatives. It will take years to appeal, but it won't matter how it turns out. Buyers are going to be paying their agents. If sellers aren't obligated to pay any commission...
A good example of the places that could be undervalued is Terramar in Carlsbad. It's a neighborhood of 240 homes near the beach, and the living is so good that there is rarely any turnover. Without a flow of recent sales, who knows what the market will bear -...
This topic came up in my 45 hours of continuing education, and Donna agreed that rarely do listing agents comment on their seller's disclosures - do they even read them? A focal point as we transition into single agency: To complete the disclosure process, the...
Currently, every listing agent is required to offer some sort of buyer-agent compensation on the MLS. Zillow and Redfin publish those commission amounts on every listing now, so they are all out in the open. Today, there are 79 homes for sale between La Jolla and...
People are asking about the NAR lawsuits - hat tip to Susie, Gerry, and Carl! The lawsuit that began this week contends that realtors force sellers to pay a commission to the buyer's agent. Two defendants, ReMax and Anywhere (Coldwell Banker, Sotheby's, etc.) have...
Remember when Doug said that buyers these days want something special? With all the domestic and international conflicts, mortgage rates at 16-year highs, and ultra-low inventory making the house-hunting almost unbearable for most buyers, there are still homes selling...
There is no cool-down period now. Once a purchase contract is signed, the seller has to sell. Katy Perry's real estate history hasn't exactly been smooth sailing. The singer has been wrapped up in several legal battles with elderly homeowners in California, and the...
We have plunging sales mostly due to plunging inventory! The supply and demand has plunged at the same time, and there is no way to know that if the inventory were to grow, would there be enough buyers to soak it up? Today's inventory is full of the leftovers that...
I have sold two LCV listings this year - here are my results: Both of mine sold in the first week on the market for $100,000 over their list prices. The addresses highlighted in blue here are the group I named the La Costa Valley 6 - the comps that would have given...
