Here's an example of the transformations we do in our quest to achieve top dollar for our sellers. The existing hardwoods were acceptable, but the darker cabinets and slate backsplash weren't going to impress today's buyers enough to pay top dollar. We decided to...
Why You Should List With Jim
Seller Disclosures
There used to be a belief that any defects that had been fixed, or things that happened to previous owners weren't required disclosure items for today's home sellers. But it's gotten very specific now - and beginning July 1st, AB-968 takes effect. If the home is...
The Buyer Pool
Here I talk about the current market conditions and how they relate to our new listing in NE Carlsbad. It's a real mis-match too, with estate sales supplying much of the inventory when a majority of buyers want turnkey only.
Unrepresented Buyer Form
While management believes that buyer-agents will adapt and the implementation of the buyer-broker agreement will happen over the next few months, I have my doubts. It's more likely that buyers will resist paying 2% to 3% to their agent, unless they are convinced that...
Best of the Foothills
I couldn't be more excited about presenting this spectacular home for sale - mostly just to see if everyone likes it as much as we do. It's not big enough to have wasted space - but I'd rather have 3,003sf of efficient floor plan than 4,000sf full of extra rooms that...
Disincentive Program
A new $3,000,000+ listing hit the MLS this week that was offering a 1/2% commission to the buyer's agent. They also noted that to show the property, buyer-agents needed to submit proof of funds (bank statement) and pre-approval letter plus a 24-hour notice was...
Dual Agency & Flawed Appraisal
On the surface, it probably looks like old Jim the Realtor really made out nicely. He round-tripped his listing (represented both the sellers and buyers) on Los Robles, and knowing he's a full service guy, that must have been a six-figure payday! Not so fast. We had a...
The New Open House
Yesterday, it was announced that CoStar is buying Matterport. Excerpts: I look forward to welcoming Matterport to the CoStar Group family and believe that we will be stronger together, in pursuit of our common mission," said Andy Florance, Founder and CEO of CoStar...
July Conversations (Or Sooner)
On Friday, the Plaintiffs’ counsel filed a Motion for Preliminary Approval of the commission-lawsuit settlement agreement with the federal court, so the two new rules will go into effect in late July, apparently. The plaintiffs have requested a hearing on final...
NSDCC First Quarter Comparisons
The first quarter of 2024 is the only 1Q in recent history to have increases in BOTH the number of listings AND the median list price. Previously, increases in pricing had a corresponding dip in the number of listings available for buyers to consider. If you are like...