I keep getting the question. ‘What are you going to do about these buyer-broker agreements?’ I told Donna yesterday that I’m probably not going to do them, at least not much. Oh, but you have to do them! Yeah, I know, but it probably means that I won’t work with buyers as much. This guy […] The post The Buyer-Broker Agreement & JtR first appeared on bubbleinfo.com ..read more

If you go to open houses on the weekend, you’ve probably heard the agent on duty give you the very standard close, “Do you have any questions?” Next time, hit them with this one. “How long does the Mello-Roos last?” (In PHR, the answer is 40 years, and it can go up 2% per year). The post Pacific Highlands Ranch in CV first appeared on bubbleinfo.com ..read more

On the surface, it probably looks like old Jim the Realtor really made out nicely. He round-tripped his listing (represented both the sellers and buyers) on Los Robles, and knowing he’s a full service guy, that must have been a six-figure payday! Not so fast. We had a major malfunction with the appraiser. He was […] The post Dual Agency & Flawed Appraisal first appeared on bubbleinfo.com ..read more

The interactive graphs updated with April stats for the three middle-of-the-road zip codes in San Diego County’s north coastal region. While there was some slumping after rates started rising in May, 2022, pricing has mostly recovered since: Move your cursor over the graph to see the specific numbers. The post Carmel Valley, SE Carlsbad, and Encinitas Pricing first appeared on bubbleinfo.com ..read more

Test drive an agent free for seven days! Now that NAR’s proposed settlement of the Sitzer/Burnett lawsuit has received preliminary approval, the industry is receiving numerous updates about the future of real estate practices. One change, set to take place in July, is that home buyers will be required to have written agreements with real […] The post 7-Day Free Trial first appeared on bubbleinfo.com ..read more

San Diego Case-Shiller Index, Non-Seasonally Adjusted Month San Diego CSI M-o-M chg Y-o-Y chg Jan 22 384.13 +2.5% +27.2% Feb 401.44 +4.6% +28.9% Mar 416.45 +3.8% +29.9% Apr 425.90 +2.3% +28.5% May 427.80 +0.5% +25.2% Jun 424.83 -0.7% +21.6% Jul 414.03 -2.6% +16.5% Aug 402.48 -2.8% +12.7% Sep 393.80 -2.1% +9.5% Oct 390.61 -0.7% +7.6% […] The post San Diego Is Still #1 first appeared on bubbleinfo.com ..read more

The undated FAQs were released today. Buyers don’t have to sign a written buyer-agent agreement just to tour an open house! The clarifications from NAR: The practice change requiring written agreements with buyers is triggered by two conditions: it only applies to MLS participants “working with” buyers and is triggered by “touring a home.” What […] The post When Are Buyer-Agent Agreements Required? first appeared on bubbleinfo.com ..read more

Think of the monumental change needed in the listing agent’s psyche to get them to stop scolding the buyer-agents and give some respect – but instead they are shorting the commissions too. If you blow off the buyer-agents, then you’re on your own – and the vast majority of agents will have no clue how […] The post More MLS Remarks first appeared on bubbleinfo.com ..read more

In the last week, there were 67 new listings between La Jolla and Carlsbad – the highest weekly count in 2024 and only the second time over sixty this year. But the appearance in the graph above was muted because there were 36 new pendings, and 42 closings – which is good flow! There have […] The post Inventory Watch first appeared on bubbleinfo.com ..read more

It’s just a matter of time before a big player brings the auction format to the residential resale market. These guys are in position – they are auctioning commercial properties, and with their sister company Homes.com wanting to be the #1 search portal, it would be a natural transition: When Sotheby’s sells paintings at auction, […] The post Residential Auctions? first appeared on bubbleinfo.com ..read more