Homeowners in California who sell properties off-market to flippers—often “as‑is” and under market—can lose a significant amount each year. Here’s how it breaks down: 🔍 Estimating Annual Losses 1. Number of flips in CA About 34,000 homes were flipped in California in 2022 wsj.com+3calhomenews.com+3resimpli.com+3. 2. Typical discount off market Homeowners selling “as‑is” often net 10–20% less than full-market price revive.realestate+1homelight.com+1. Some cash buyers offer as

What You Need to Know... It’s tempting: a real estate investor or “flipper” approaches you with a cash offer to buy your home as-is. No cleaning, staging, showings, or waiting. No agent commissions. Just a fast, easy sale. But before you accept, it’s important to understand the potential disadvantages of selling your home off-market without exposing it to the open market. 1. You May Sell for Far Less Than Market Value Flippers are not buying your home to live in—it’s a busine

Owning your own home comes with a variety of financial and non-financial benefits that can make it a smart long-term decision for many people. Let’s break down the advantages clearly: Financial Benefits of Owning a Home 1. Building Equity What is equity? It’s the difference between what your home is worth and what you owe on your mortgage. Why it matters: Each time you make a mortgage payment, a portion goes toward reducing your loan balance, which increases your equity. Over

Hiring an Experienced and Highly Skilled Agent is More Valuable Than Ever By now, you may have heard about the change in how buyer representatives (agents) are compensated in residential real estate sales. Here’s a breakdown to help clarify the new requirements: Prior to the recent NAR lawsuit and settlement: The listing agent (on behalf of their Broker) negotiated a fee with the seller to list and sell the property. The portion of that fee intended to compensate the agent re

A buyer's agent plays a crucial role in the home-buying process, offering many benefits that ensure a smooth and successful transaction. Connecting with an experienced agent as soon as you've made a decision to buy will set the stage for a much smoother journey. Here's how your agent helps you through the process: Expertise and Market Knowledge: A buyer's agent has extensive knowledge of the local real estate market. They can provide insights into neighborhoods, property valu

In recent years, the real estate industry has evolved to ensure greater transparency and fairness for all parties involved in property transactions. One significant change is the requirement for realtors to have buyers sign a representation agreement before showing homes or providing representation. This practice, while relatively new for buyers, mirrors the long-established tradition of sellers signing listing agreements with their agents. Here’s why this requirement is now

There isn't ONE golden answer for what the most important considerations are when deciding whether to rent or buy. However, it can be a mistake to overlook some of the less obvious factors. Like many really big decisions, it's never that simple. Most important life issues are not one Instagram-worthy quote. Everyone's circumstances are different with different nuances, challenges, complexities, ambitions, etc. Here are my TOP 12 I see: 1. Yes real estate is hyper-localized,

Ever heard “shoulda, woulda, coulda”? I wish someone had pointed out the following considerations before I bought my first property. It...

Tamara Zyhylij, Broker Associate This is not a popular topic of conversation, but I'd be remiss if I didn't inform my clients of the...

By Guest Contributor, Leonard Steinberg, Compass The media is again spewing a false narrative about how recently parents and grandparents...