How Did We Get Here? DocuSign Theory Revisited
While pondering life and best strategies to get an offer accepted in 2018 when there are often between 10-15 offers on every property my clients want to buy, I began to wonder “how did we get here”? Things didn’t used to be like this. The market has been gradually getting more competitive for …
The Downsides of Working With Real Estate Agent Teams
Over the past few years, there has been a growing trend toward real estate agent teams. These groups range in size from 4 or 5 people up to 20 or more. Some team members are agents, some admin staff, some marketing, etc.. Usually these teams are led by one or two top producers in …
Would You Accept Cryptocurrency for the Sale of Your Home?
The rise in value of Bitcoin and other cryptocurrencies has been a hot topic lately. Some real estate brokers are even offering “Accepting Bitcoin” as a sales and marketing gimmick to move listings. Call me old fashioned, but I do not think doing so, or doing so without strong caveats, …
Seabluff Flats Sales Registration Begins Tuesday
Seabluff Flats, the long-awaited condo project by The New Home Company, being built on the site of the former farmers market parking lot is beginning priority sales registration on Tuesday, January 9th at 10:00 AM. Playa Vista dot com states that units are being offered “from the low $1 Millions” with …
Entry-Level Inventory Coming Soon
Has it been 15 years already? Beginning this April, homeowners who purchased Controlled Price Units (CPU’s) will no longer be bound by maximum resale price restrictions and will be able to start selling these properties for market value. For over 100 units with an original sale date in 2003, the lifting of this …
Why January is a Great Time for Sellers and Challenging for Buyers
If you’re a buyer looking to lock up a new place early this year, sorry, I don’t have good news. January has typically been a great month to put a property on the market. As a listing agent, my listing might be the only game in town, so I can usually count …
How Will Tax Reform Impact Playa Vista Homeowners?
Unless you’ve had your head in the sand the past few months, you already know that the Republicans recently pushed through tax reform, which will take effect next week. In addition to slashing the corporate tax rate and adjusting the tax brackets, these new laws will change the taxation involved in owning and …
Why You Shouldn’t be Waiting for Google
I posted a blog a few days ago on why inventory should come back in a big way in Playa Vista at some point. One of the reasons is that investors are waiting for Google corporate offices, expected in mid-2018 to open up before selling. This post has resulted in some comments …
The Calm Before the Storm for Playa Vista Real Estate
Is this the calm before the storm? Late fall and winter 2017 has been one of the slowest stretches in memory for Playa Vista real estate listings. As of today, December 19th there have been four new MLS listings (condo and single family) since November 1st and with the holidays …
New Year, New Market
After a long and earlier than usual election-fueled seasonal slowdown, the market has bounced back in December and especially in January. Even heavy rain won’t stop these buyers who come from far and wide looking for that perfect $1M starter home in Silicon Beach. Despite the change in presidential philosophy …