California’s dynamic real estate market, which includes some of the most expensive areas in the country, may seem like a seller’s dream. In reality, though, these high prices often come with high commissions, which cut into profits, and recent changes in the real estate industry have complicated the picture for sellers.
In the age of the internet, technology has allowed home buyers and sellers to become more savvy than ever. Online tools and home value estimators have become a first stop on the journey to buy or sell a home. And while there are multiple platforms to choose from, two stand out as digital leaders in […]
Real estate can be an incredibly lucrative investment, and when ready to sell, whether it’s a primary residence or an investment property, knowing exactly what you’re up against and how to determine the bottom line means there’ll be no hidden surprises when it comes down to what you actually make off the sale of your […]
A real estate transaction is full of complex paperwork that varies by city and is impacted by local, state and federal laws. That’s why home sellers often decide to use an agent to manage their sale – but doing so is outrageously expensive. In fact, the average listing agent commission is 3% of the total sale price […]
Tom here (co-founder of Home Bay). I have over a billion dollars in sales experience, and I’m frequently asked by home sellers what can be done to improve their real estate listing. Today, I spoke with a land owner who has a listed for sale by owner section of Zillow. He was looking for guidance on […]
After 10 years of economic prosperity, the US residential real estate market is now at a pivotal inflection point. Interest rates are on the rise, tariffs are driving up construction prices and demand is flatlining. Yet home sale prices are still going up, and new technology is expanding access and improving affordability in the market. […]
SAN DIEGO, JANUARY 8, 2019 — Home Bay received $13.5 million of Series A-1 funding. The round was led by Signal Peak Ventures with participation from Serra Ventures and E15VC. “We are thrilled to work with Home Bay on their mission to improve the home buying and selling process,” said Scott Petty, Signal Peak Ventures […]
Many people are surprised to learn that real estate agents commission rates are not regulated. In fact, they’re 100% negotiable, no matter what state you’re in. If selling your home, you’ll likely want to hire a real estate agent to handle the process, which can be daunting. The real estate brokerage commission rate is not […]
Perhaps you’re reading this because you just accepted an offer on your home. If so, congratulations! Or maybe you’re thinking of selling your home and want to learn more about the process. Either way, you’ve come to the right place. So, how long should everything take? Should I refer to an escrow timeline? What happens […]
