Economics 101 says scarcity drives up price and it is as home prices continue to escalate due to low inventory of housing across the nation. And conversely, excess supply drives down price. So think about this – doesn't the scarcity of houses to be listed create an excess supply of listing agents? So shouldn't the price you pay a listing agent be driven down?
In this RED HOT SELLER'S MARKET, homes are flying off the shelves at an unbelievable pace with multiple offers on the first day a house goes to market. Is a listing agent really doing much to make that happen? The honest answer is NO. So why should you pay them a 3% commission in such a buyer crazed market? The honest answer, YOU SHOULDN'T.
Inventory for condos at the 336 unite Sea Point Tennis Club at La Costa is extremely slim! This 1158 square foot Avalon sold before it could even be listed. I have 3 cash buyers looking to purchase a condo at Sea Point. These buyers are even better than "pre-approved" buyers because cash buyers bring certainty and can close escrow quickly as there is no bank involved.
The fiscal cliff, the popular term for the upcoming tax increases and spending cuts if legislators fail to intervene, is weighing on the minds of most Americans. Caught up in the midst of the fiscal cliff debate are pieces of real estate legislation that housing experts say could significantly impact the housing recovery.
As a kid growing up in the 80’s, the A-Team was one of my favorite shows. Yes it was silly, and yes at times, you had to stretch your imagination – but the premise was that they were the guys to call when you have a real problem and don’t know where to turn (…and Chuck Norris wasn’t available!) They were smart. They were reliable. They never gave up and in the end, they got the job done.
I have always found myself amused by the magical black box in the real estate industry that agents refer to as “marketing.” As a home seller, it is hard to avoid the real estate agent pitches touting their superior marketing, blab, blah, blah… Those same agents are the first to brag about selling a home in 4 days, and sorry to burst their bubble, their marketing had nothing to do with it.