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California's housing market has new set of rules for realtors 

ABC10
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26 окт 2024

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Комментарии : 38   
@AshleyKeith-vw7ws
@AshleyKeith-vw7ws 2 месяца назад
I'm eagerly anticipating a potential housing crisis to make affordable purchases after selling some properties in 2025. I'm also thinking about investing in stocks as a backup plan. Any advice on the best timing for these investments? I've seen substantial trading profits, but there are worries about the market's instability and the possibility of a dead cat bounce. Can you explain why this market phenomenon happens?
@ChloeCarter-kd7gz
@ChloeCarter-kd7gz 2 месяца назад
Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days.
@EricaWaters-lr6zw
@EricaWaters-lr6zw 2 месяца назад
You're not making mistakes; you just don't have the know-how to profit in a tough market. In such challenging times, only highly experienced individuals who went through the 2008 financial crisis can anticipate making significant profits.
@MelissaHobbs-qm8wi
@MelissaHobbs-qm8wi 2 месяца назад
Lately, I've been thinking about reaching out to consultants for advice. I'm at a stage where I could benefit from some guidance, but I'm uncertain if their services would truly be beneficial.
@EricaWaters-lr6zw
@EricaWaters-lr6zw 2 месяца назад
Desiree Ruth Hoffman, my CFA, is well-respected in her field. I suggest delving deeper into her qualifications. With her extensive experience, she serves as an invaluable asset for those seeking guidance in the financial market.
@ChloeCarter-kd7gz
@ChloeCarter-kd7gz 2 месяца назад
Thank you for this tip. I must say, Desiree appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
@ilovemelodyjane
@ilovemelodyjane 2 месяца назад
Realtors suck. Buyer or seller, they SUCK. ITS ALL A CASH GRAB WITH NO MORALS.
@stevenyu5384
@stevenyu5384 Месяц назад
You suck
@edyann
@edyann 2 месяца назад
No wonder so many San Diegans living in Baja. So difficult to afford a house in California.
@Kartzchen
@Kartzchen 2 месяца назад
Realtors used to know their homes for sale. Now everyone looks up zillow and makes a call. Realtors just don't do what they did in the past. Their cut should be decreased. The sellers and buyers both have less money.
@HiddenAgendas
@HiddenAgendas 2 месяца назад
this. should be a flat $1000-5000 fee. Making a % of the selling price is ridiculous
@JeremyHancock-LV
@JeremyHancock-LV 2 месяца назад
@@HiddenAgendas as long as every customer pays that, including those that have no intention of buying/selling.
@HiddenAgendas
@HiddenAgendas 2 месяца назад
@@JeremyHancock-LV Yep. Same goes with income tax. Flat fee of 5%. Tax laws should not be complicated. Shouldn't be 1000 pages, and shouldn't have loopholes for the rich. A flat 5% fee for everyone. No one should pay a higher rate because they earn more.
@navsofour2892
@navsofour2892 2 месяца назад
@@JeremyHancock-LV Nope marketing costs are part of business just like any other business.
@mike8857
@mike8857 2 месяца назад
This is terrible for rentals as well. People renting are on an even tighter budget. The amount of paperwork just went through the roof for rental showings. Now basically only non agents will benefit from this as they don’t have to do this and big corporations will win as they normally don’t have agent as management.
@navsofour2892
@navsofour2892 2 месяца назад
Why not get rid of the middle man and deal with the seller directly? Once you agree they sit w/ closing attorneys on each side.
@stevenyu5384
@stevenyu5384 Месяц назад
Lol, attorneys? Funny
@jessicah3782
@jessicah3782 2 месяца назад
Yeah this is only going to hurt non-corporate buyers.
@navsofour2892
@navsofour2892 2 месяца назад
just agree with the seller and sit with the attorney at closing, why do you need an agent?
@jeffsmith1798
@jeffsmith1798 2 месяца назад
Leave it to California to over regulate.
@stevenyu5384
@stevenyu5384 Месяц назад
Fyi. This is a national settlement.
@BJsMommy8
@BJsMommy8 2 месяца назад
Its real-tor, NOT real-la-tors.... Just look at the spelling... Smh
@VansView
@VansView 2 месяца назад
Don’t have money to buy but getting in at the top of the market. Very Smart!😂
@Marbles-w8g
@Marbles-w8g Месяц назад
People running from California has left a vacuum in the housing market. Let's give property owners up to 150k for their vacant houses and sell them to people who are likely to default. The average house in CA They keep the property, they keep the 150k--that's the American dream?
@Ttow49
@Ttow49 2 месяца назад
Looks like for sale by owner will be the new normal
@stevenyu5384
@stevenyu5384 Месяц назад
Why would you be for sale by owner if buyer is paying own fee?
@9340Singh
@9340Singh 23 дня назад
Thank the democratic government for all of this
@michaelbeever7592
@michaelbeever7592 2 месяца назад
Everyone move to Mexico. Let them know what it's like to be invaded.
@galvanizedgnome
@galvanizedgnome 2 месяца назад
It's a beautiful place, but there are a lot of Mexicans down there.
@haze1123
@haze1123 2 месяца назад
No more price fixing!!! Negotiate those fees. 👍
@carlettesouthern-robert2992
@carlettesouthern-robert2992 2 месяца назад
There was rarely a price fixing problem.
@haze1123
@haze1123 2 месяца назад
Prior to these recent lawsuits, real estate commissions in the USA were typically between 5% and 6%. Not an accident! This standard rate has been a longstanding practice in the real estate industry, with the commission usually split between the seller's and buyer's agents. Very rarely negotiated. 👈
@Oscar_Von_Doom
@Oscar_Von_Doom 2 месяца назад
Funny how this new rule passed now that so many Institutional Investors own majority of the houses for sale. Guess those 5k dinners and charities can influence ligitation.
@carlettesouthern-robert2992
@carlettesouthern-robert2992 2 месяца назад
Usually these folks bought directly from the Seller; and, they low balled.
@LoveyourLife-1970
@LoveyourLife-1970 2 месяца назад
Yep, lots of major companies like Wells Fargo are buying up houses and either listing them only as overpriced rentals, or selling at values that will most likely end up with them putting the house in foreclosure and kicking the buyers out. They are literally making it impossible for many people to ever become home owners. These are the same businesses that make donations to GOPs in their perspective market districts to keep the wheels greased.
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