For two months we've been settling in with the new arrangements for paying the buyer-agents. I haven't heard of any buyers yet who got stuck having to pay their buyer-agent because the seller refused to pay. Undoubtably, there are buyer-agents who were paid a partial...
I was in Orange County yesterday and saw this in a local publication: The off-market craze is just getting started. We've already been hearing the hucksters at open houses who lead with their only pitch: "I operate in the off-market space." "Does your agent offer you...
We just had it happen. A potential seller who had decided to wait until next year had not one but TWO competing new listings hit the market nearby. Both listings were priced $100,000+ LOWER than what we were thinking. Ouch. When is the best time to sell your home? It...
Hat tip to Jorge who sent in this interview with Jeffrey Gundlach, the prominent bond trader who speculates with confidence on the Fed's half-point cut and what it means for the markets. He speaks quite knowledgeably about everything except the future of the housing...
These are examples of public or confidential remarks by listing agents to help sell their listings: Information in this listing may or may not be correct. Buyer's required to submit "financial pre-qualifications" to Listing Agent for review to verify ability to close...
Borrowing this from Rob's blog, this is known as Amara’s Law in technology spheres. It goes: “We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” When the zestimates first came out in 2006, their accuracy...
The AI - generated world is coming to real estate sales....soon! But is it a good thing for you? I can be reached at 858-997-3801.
In the week BEFORE the new rules went into effect, there were 29 NSDCC listings that were marked pending. In the first week AFTER the new rules went into effect, there were 38 new pendings. Homes keep selling. Buyers and sellers keep moving, and Realtors keep helping....
This is a real possibility now: Bill Colson, who is preparing to sell his Maryland home next year and purchase a retirement home outside Blue Ridge, Georgia, believes the changes will create more costs. Colson, who is 57 years old and retired from the Navy, said a...
Whenever I have a buyer who loses out on a bidding war, I try to get them right back on the horse. Thankfully, there are several houses sitting around that aren't not selling in the $3 million range, so we made another offer yesterday. First, I went to the open house...
