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iBuyers Paying Above Market, Selling for More

The iBuyers — led by Opendoor, Zillow and Offerpad — are paying record-high, above-market values for the homes they’re purchasing from homeowners. But they’re also reselling them for more money than ever before. Purchase price-to-AVM is a comparison of the price an iBuyer pays for a house compared to what an AVM (automated valuation model) determines the house is worth at […]

Home Inspector Killed, Agent Shot During Home-Sale Dispute

Prosecutors have filed charges against a Huntington Beach man they say shot and killed a home inspector and wounded two other people, including a real estate agent and a sibling that the man was in a dispute with over the home of their deceased father. Roger Nemeth was charged with one count of murder and […]

Are iBuyers Becoming a Threat?

Many reassuring reports say that iBuyers, companies that make the easy cash offers to sellers, have a teeny slice of the market. Redfin, for example, says that IBuyers (often funded by venture capitalists), accounted for a mere 0.5 percent of home sales in the first-quarter this year.  But apparently, more property owners are making heeding […]

Aug. 9 – CVAR Connect

Watch the Real Estate REvive Conference Replay! Classes & Events  CVAR COVID Vaccine Clinic  Aug. 17! CVAR is hosting a free community COVID vaccine clinic Aug. 17 (2nd shot Sept. 7) at our Glendora location as a service to the community!  If you haven’t gotten the COVID-19 vaccine, now is your chance! Click here for more […]

COVID: Inland Empire Holds Course Despite Surge

  COVID cases and hospitalizations are surging again. But neither the governor nor leaders of Inland counties appear inclined to reimpose mask orders, contrary to the advice of some medical and public health experts. What’s changed? There’s now an effective and available COVID- 19 vaccine, and the latest surge isn’t as big as previous spikes […]

Actress Chooses Farm Living Over Malibu Beach Home

Supermodel-actress Pamela Anderson says farm living is the life for her. Six months after placing her Malibu home on the market and moving back to her roots in Canada, her beachfront home sold for $11.8 million. The home had been listed previously for $7.75 million in 2013. The 5,500-square-foot house in the gated Malibu Colony community […]

REALTORS® Under COVID: Evictions, PPP & Student Loans

. LA County Mandate: People attending major outdoor events in Los Angeles County will be required to wear a mask, regardless of vaccination status, under a new order issued Aug. 16 by the county health department. Click to read the order. L.A. requirement: City employees must show proof of vaccination or undergo weekly testing. SBA: PPP Loan Forgiveness The […]

Tapping Foreign Buyer Market

  International buyers were less involved in the US housing market during the first year of the pandemic — but that may soon change. Lawrence Yun, the National Association of REALTORS®’ top economist, believes buyers from other countries may become bigger players in the U.S. housing market in the coming months after they had taken […]

New Agent: 8 Mistakes to Avoid

After completing the real estate course and passing the qualifying exam, new agents must decide where to position themselves for success. Independent agents are their own business and their own brand, and thus the size of their success is in their control.  Concepts such as time management, prioritizing, budgets, systems and procedures, and most importantly, […]