So you've heard that the market is a little uncertain right now, and you're wondering if you should just wait a year or two before selling your residence. If you don't mind keeping the home forever, then fine, the value will probably go up in the long run. But if...
Listing Agent Practices
Sellers Get A Vote
Here's a specific example of market activity on the street, and the important question - will sellers sell for what the market will bear?
“The business model is flawed”
They charge even less in America, and you need good help to handle the load: "Broke" real estate agents are quitting British disrupter Purplebricks in droves as the fixed-fee agency's low-margin, high-turnover business struggles to achieve enough sales amid a slowing...
Kayla and Manhattan RE
Selling homes in Manhattan is competitive, even without a central MLS run by the realtor board. Once an agent uploads a listing onto their company system, it gets distributed immediately to the regular portals StreetEasy (owned by Zillow), realtor.com, etc. where...
White-Boxing
Homes in original condition would benefit, but you can't finance these: Home shoppers usually want to see a property at its best. This means that sellers truck in staged furniture, slap on fresh paint, and repair potential problems for buyers. “When you walk into a...
Zillow Offers
Hat tip to Eddie89 for sending in this article on the prospects of Zillow's ibuyer program, which looked a little sketchy to me too until it was divulged that these ibuyers are primarily in it to make the fee income, and if they can make a profit by selling the houses...
The Difference Realtors Can Make
Here are examples of some of the wacky stuff that happens in this business, and why it's important to get good help: We represented the buyers of House B, whose sellers were buying their listing agent's personal residence (House A). They had included in their listing...
Faster Selling in NSDCC
How fast are houses selling between La Jolla and Carlsbad this year? Number of Days On Market Number of Houses Sold Percent of Total 0-14 days 719 47% 15-30 278 18% 31-45 153 10% 46-60 97 6% 61-75 73 5% 76-90 44 3% 91+ 180 12% We may be selling fewer homes, but they...
Pricing Guide 2
The rest of my five minutes on pricing (5:03 to be exact) - when to lower: The first half: https://www.bubbleinfo.com/2018/07/15/pricing-guide/
Sold Before Processing – The Impact
People question how big of a problem it is that listing agents withhold their listings and sell them before inputting them onto the MLS - which denies their own sellers the benefit of open-market exposure, and potentially a better offer. Above is a sample from today's...