You read correctly! As reported this morning on NBCs the today show, a buyer of a $1million+ property in Carlsbad California is suing the Remax agent who represented her and her husband because the value of their property has fallen. Marty Umell claims her Realtor failed to disclose home prices
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01/25/2008
So if you have not noticed, the latest wave sweeping the Real Estate community is to be positioned in a google search on page 1. In other words imagine you are a buyer or seller of Real Estate and you wanted to search for a Realtor or homes in your area, what would you type in as a search? Try i
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01/04/2008
In case you missed it, Redfin an online real estate service company was featured on the Today show this morning by NBC.The teaser lines which caught my attention were "everything you are being told by your Realtor may be wrong"!as well as words to the effect that you will be given information i
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12/14/2007
A major Title Co in town, Alliance Title co just closed its doors yesterday!From what I read this may have been due to management issues and not just a slower market. Looks like Title Companies are under pressure from a lack of refinance business as well as sales.There have also been layoffs fro
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12/14/2007
There is a swing albeit a small one toward a more stable market, it looks like buyers who have been waiting have seen an opportunity to buy now and move in to their new home before Christmas.For full story; LIVERMORE SALES UP!
11/28/2007
The number one issue I come across today is an objection provided by a potential home seller, and it goes something like this; “We would like to sell, but since we can only sell for less than what the peak of the market was a couple of years ago, we will just wait and see what happens”. Well, Mr
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11/19/2007
After 21 years in this business I have seen all kinds of markets, buyers, sellers and everything in between.You know what? No matter what the market is like the press always reports it as bad news, the market is not an issue, how we respond to changing markets can be however. Sales volume may be
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11/15/2007
Greetings from Sunny Northern California, Home of the gold rush! In many ways we could liken todays Real Estate Sales environment to 1849.Why?Well in the gold rush days some prospectors made a fortune, some made a lot of money, many others ended up with nothing to show for their efforts. The pe
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11/14/2007
We recently sold a house in Livermore on Arlene Way and as is normal the buyers had a structural pest control inspection which resulted in a $4000 bill for dry rot to the exterior wood siding.After the seller calmed down he asked me what we could do about this. We looked at our options for cu
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11/01/2007
Why are falling prices seen as bad news? Last few years the media has insisted that rising prices are bad news. In fact there was seldom a day that did not feature a story on the low affordability index (remember that), how fewer and fewer families could afford to buy even an 'entry level house'
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10/24/2007
