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Got word from escrow that we closed earlier today. The adjusted sales price was $1,175,000 (original contract price was $1,206,000) because the seller reduced the price of the home by $31,000 in lieu of repairs including roof replacement and termite/fumigation costs. Congrats to both the...

The previous listing agreement has a section where to put the total commission for the transaction and then another section where you put in the buyer agent commission so the seller and listing determine how the total commission is split between the listing agent and buyer agent. In the new...

1. The seller pays whatever the commission they agree to with the listing agent on the listing agreement (most are 2% today) so if the seller offers up a 2% seller concession they are paying 4% total commission. 2. The buyer agent does not get a double paid. The buyer agent can get up to the...

After a couple of offers we are in escrow on this home.

So we received a total of 8 offer and sent out best and final counters on Tuesday. The sellers have selected the buyer this evening and we will be opening escrow tomorrow (Friday) with a price well over the list price.

1st Staging did the staging and my photography is done by Real Estate Photo Shoot.

Or in Newport Coast, Corona Del Mar, Newport Beach, or Laguna Beach.

There was a bit of an air pocket back the late summer/early fall 2016 where prices were soft, not sure if it was the elections or not but things did pick up in early 2017.

I'm willing to submit semi low ball offers for my buyers but I do set proper expectation of what may happen (i.e. no response or the offer is rejected without a counter offer). That being said, I'm not out to make friends with the listing agents as my primary goal is to help my buyers when I'm...

Not familiar with Portola Springs? I've been helping clients buy and sell homes in Portola Springs for 15 years. I know all of the tracts and have helped new home buyers purchase in just about every tract built in 2010 and later, including 2 buyers at The Bluffs. In terms of buyer traffic...

Yes, the owner did a great job in upgrading the home and it shows great. We did receive 2 offers over list yesterday from buyers who saw the home yesterday. We'll be reviewing offers on Monday evening.

Can't win them all, it might be a $2m home with a driveway. ;)

It really is and the best part is that the Mello Roos is only $1,700 per year and you are across the street from Great Park.

When a home looks good and is priced right it'll move even today.

Earlier this morning I listed a property beautifully remodeled single family home in the Melinda Heights community of Rancho Santa Margarita on MLS. The home was built in 1994 and features 4 bedrooms and 3 bathrooms, including a downstairs bedroom and full bathroom, along with an upstairs loft...

Yeah, it is one of the best detached condo floor plans out there. That being said, we had 2 offers and best & final counters are due later on today.

I listed a turnkey Trellis Court Plan 4 detached condo in Cypress Village East on Wednesday on MLS. The home sits on a premium lot with no neighbors behind it and was built in 2017 by California Pacific Homes and features 4 bedrooms and 3.5 bathrooms, including a downstairs bedroom and an en...

Should be interesting to see how the traffic is this holiday weekend.

After a few offers and counters, we opened escrow with a buyer on Friday afternoon.

My current buyers are buying regardless of the current rates because they know that rates will fall in the intermediate term (2-3 years) so they'll buy now and then refinance into the lower rate later. Fed rate cuts don't have a direct effect on mortgage rates, long term rates do. The reason...