The buyers cancelled the second escrow on Brava yesterday. We have had a dozen cash offers, so after the first cancellation I went back to the others and got them to bid it up to $690,000, which is a miracle when the highest offer was $675,000 in the first round....
A quieter Sunday at the open house - about half the people as the crowd on Saturday, which makes you think that the internet advertising is what brings them and they are happy to wait until the first open house:
Hat tip to Eddie89 for alerting us to how the sale turned out: A bidding war recently broke out over a prime piece of California real estate — and it wasn't for a tiny San Francisco condo. In this case, a dozen offers were made for an entire town, the 19th-century...
Choosing the right realtor to sell your home is critical. It's not life-or-death critical. We're just talking about the extra 5% to 10% that is available when effective marketing creates maximum urgency - and the agent's skills and salesmanship creates competition...
It's been an old wives tale that listing agents can't disclose to a buyer's agent the price and terms of competing offers. I found this at the N.A.R. website: Real estate brokers may, unless prohibited by law or regulation, “shop” offers. Therefore, REALTORS®...
What today's home buyers are up against......from realtor.com: Driven by frustrated buyers who rolled over from last year and record-breaking lows in housing inventory, the 2018 spring buying season is expected to be one of the most competitive in years—but buyers are...
If enough people see this.....maybe more will leave? I can help you with that! From cnbc.com: Californians may still love the beautiful weather and beaches, but more and more they are fed up with the high housing costs and taxes and deciding to flee to lower-cost...
This is the fourth installment of my essay on the future of real estate sales. I'll send this along to Brad Inman, who is gathering thoughts for a leadership conference at the end of March, so they have my perspective from the street. In summary: The unconscious...
When you find the right home, don't lose it. Get Good Help! NAHB regularly conducts national polls of American adults and home buyers in order to understand new trends and preferences in the housing market. This is the third in a series of posts highlighting poll...
The graph above shows that we're heading into multiple-offer season, and whether you are buying or selling, you should work with an agent who is an expert in handling a bidding war. In a monthly survey of REALTORS®, seller’s agents who closed a sale are asked “How...
