The primary reason to buy a cv house this year is to get my son in a better elementary school. My principle is: to buy a house only when i can afford, and a house to me is the place for family happiness and not a tool for investment. I am prepared enough that I will not have to sell a house in the next 30 yrs.
WRT waiting for one more year to avoid $100,000 loss. It is hard to timing the CV housing market. Who know how much my family will loss/gain on a cv property in 30 yrs.
So why am i care about 2/3 commissions?
I have tested the cv house market by negotiating prices on properties of regular resales, new constructions, bankowned, and short sales with many listing agents in the last 6 months. I know when and how to buy a property in CV. I know the purchase agreement documents/escrow processing to protect my interest. If i do 2/3 of work in my future purchase, it may be reasonable to get 2/3 of the refund. It is not the $ amount that make difference in my life. It is the fairness.
Imagining myself as an agent, I would consider making >$8500 by doing some paper works. I like this board and just want to see if anyone is interested. If not, Redfin will be my back up.