Consumer Protection

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 an attempt to leverage themselves […]

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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, is working in your seller’s […]

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Disclosures to Buyers Reduced as Lenders Ask for More and More

It has become the expectation in a residential real estate transaction that the seller of a property in a standard sale should notify buyers of all known material facts about their property.  While there is often plausible deniability as to what is “known” and differences in opinion as to what is “material”, California Association of Realtors […]

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Short Sale Counter Offer Strategy

I experienced a first this week. The first time a seller countered an offer from one of my buyers on a short sale asking contingencies to begin right away upon seller-acceptance, not at the time of bank approval. I was immediately taken aback by this almost insulting suggestion – my thought was “you’re asking the […]

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SB 800 – Consumer Protector or Cause for Concern

If you live in Playa Vista or have been in the market, you probably have heard of SB 800, which is the abbreviation for a California senate bill passed last decade, also known as the “fix it” law. It serves to establish a claims process for which “building defects” can be addressed by home purchasers […]

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