Although home buyers and home sellers should know days on market in order to make decisions, DOM is not a good way to predict house price appreciation. House price appreciation in Sunnyvale has...
Real Estate Commission
Real estate agents have been creating new real estate commission plans. JLee Realty has recently implemented a 0% real estate listing commission plan. Their expressed goal is to attract as many buyer agents to their listings as possible.
If their own buyer agent submits a successful offer, they reduce their listing commission to zero percent. JLee Realty will not receive any more commission if their seller accepts an offer from JLee Realty than if a purchase offer is accepted from any other brokerage.
Furthermore JLee Realty is not offering any enticements for a buyer to drop their own buyer agent and use a buyer agent from JLee Realty when they make an offer.
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You often hear the phrase "seller's market". Most people would say that this means the sellers are exerting their desire for higher prices over the...
Settlement Contingency Protects You But Makes Your Purchase Offer More Acceptable
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No Contingency Purchase Offer
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“The Old Paradigm Of Low Interest Rates … Is Not Going To Return”
Ken Rosen, the chairman of the Fisher Center For Real Estate, at Berkeley's Hass School of Business, talked recently about future real estate...
Millbrae Average House Size Spikes Upward
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Opendoor iBuyer – FTC: cheating is not innovation
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