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Why Offering a High Commission Percentage to the Opposing Agent is a Smart Strategy for Home Sellers

Hello future home sellers! Nathan Derry here, your trusted real estate expert. As you prepare to list your property, you may be wondering about the best strategies to ensure a swift and profitable sale. One often overlooked tactic is offering a higher commission percentage to the opposing agent. Let’s delve into why this can be an effective move and how it can benefit you as a seller....

August 2024 Real Estate Market Update: Koreatown, 90005

As we navigate through the dynamic real estate market of Los Angeles, it's crucial to stay informed about current trends and regulatory changes that may impact both buyers and sellers. This month, let's take a closer look at Koreatown, 90005, and discuss the new NAR (National Association of Realtors) law regarding commissions, which is set to reshape the real estate landscape. Au...

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Pico-Robertson, 90035: August 2024 Absorption Rate & The Impact of New NAR Commission Laws

As a Realtor in the dynamic Los Angeles real estate market, it's important to stay informed about both local market trends and broader industry changes that can affect buyers and sellers. For Pico-Robertson, 90035, the month of August 2024 revealed some compelling statistics. The absorption rate was 56%, a strong indicator that homes are selling quickly in this popular neighborhood. Wit...

Palms, 90034: August 2024 Real Estate Absorption Rate & Commission Changes

As we enter the fall season, it's important to reflect on the real estate trends we've observed this past summer in Palms, 90034. For the month of August 2024, Palms recorded an absorption rate of 44%, indicating that homes in this desirable West Los Angeles neighborhood are still moving steadily. With 34 active listings and 15 homes sold, it’s clear that while demand remains ...