We've talked about one-story homes - another way to add insulation from any potential downturn is to buy a property that can accommodate a granny flat. They can produce extra cash flow (the county states that they can be rented), and if you ever have to sell, there...
How can the market keep going? Generational wealth distribution! Among respondents with an annual income over $100,000 who anticipate familial help with a down payment, the average expected level of support is over $50,000, enough for a 20 percent down payment on the...
Are you looking for one more reason to move away? It sounds like if/when the Big One starts shaking, you will need to grab everything you own and move to Yuma. The Nuclear Regulatory Commission (NRC) admits in their November 28, 2018 NRC Inspection Report and Notice...
We attended the Compass REtreat in Los Angeles over the last day and a half. It was a quick get-together to roll out the future plans, participate in four breakout sessions on the usual topics - social media, team-building, scripts, and risk management - and attend...
Everyone is getting into the home-buying business. First it was the well-funded disrupters like OpenDoor and Offerpad, and then Zillow, Redfin, Knock and others jumped in - which caused Coldwell Banker, Keller Williams to also announce their programs (plus Compass...
Today was our Compass Day. We met our CEO, Robert Reffkin, and we were thoroughly impressed. We come from different backgrounds - I'm the scrappy street guy, and he is the Wall Street wunderkind - but we see the future of real estate the same way. He mingled for...
The most fascinating thing about working for Compass is how many people ask about Compass (especially other agents). I signed up primarily for the future potential, and where big money might lead us. We got another sense of how big yesterday: Compass, a...
A fridge with internet, cameras and microphones! Thanks daytrip:
Opendoor, the ibuyer who purchases your home for cash and closes escrow at your leisure (as long as you don't mind paying their 6% to 13% fees plus home repairs) has made a deal to acquire a discount brokerage: Opendoor announced Tuesday morning that it has...
Hat tip to my father-in-law who sent this in - he wasn't around then! What a difference a century makes! Here are some statistics for 1918: The average life expectancy for men was 47 years. Fuel for cars was sold in drug stores only. Only 14 percent of the homes had a...
