[SD Realtor]

Perhaps when the victims in the mall cracked some jokes when they could not come up with the correct names when they were being quizzed about Islam before they were shot.

[SD Realtor]

“Nothing disarms hatred quite like humor and acceptance.”

How did that work out for the 6 million jews.

Maybe they joked all the way to the gas chambers?

[SD Realtor]

I believe racists, terrorists, and anti-Semites should have their ass kicked and not tolerated at all.

[SD Realtor]

Good to see you are amused by anti-Semitic remarks scaredy.

[SD Realtor]

It is a grey area but if you apply logic to the situation, any seller who would allow the home to be sold without it being on the open market for a few days is more then likely leaving money on the table. Furthermore no listing agent is going to forfeit the listing commission regardless of when the home is sold. The truth is that the listing agent wants you to use him as a buyers agent, now he may let you know when he has listings available before they go on the market. However just because he does that, doesn’t mean his sellers will accept your offer. Why would they? Conversely if you do make an offer on a home before it hits the market, how do you know that you are not overpaying?

So in my opinion, what your agent said is most likely the truth. Carmel Valley is a very tough market for any buyers. What decent homes come available there, will either be overpriced or receive multiple offers.

You simply need to stay diligent and patient. If you do see something you like you will need to come in very aggressively given the locale you are searching for.

[SD Realtor]

Backintown don’t forget they also own all the media outlets and Hollywood as well. Good to see there are viligant people like you on the case.

[SD Realtor]

Just let us all know how the Fed plans to unwind all the debt it is carrying.

[SD Realtor]

SK we have been in agreement on to many issues lately, this one being another one of them. Low rates are the mechanism for entry into the market. Underwriting guidelines are the gatekeeper. When the guidelines were ignored, obfuscated, or when outright fraud occurred, the results can be a disaster.

Additionally, don’t confuse low rates or high rates with downpayment barriers. A much higher downpayment barrier would have prevented a significant amount of entry into the market as well. This would also have reduced demand and kept price increases more moderate.

[SD Realtor]

Yep I would agree with you… rereading the original post, things seem a little murky. Unless there is some more clarification it seems like it could go either way.

[SD Realtor]

I would agree with SK. In fact, sentences 2 and 3 from the post seem to conflict. If you could not find suitable housing then you did not reneg on the contract with the buyer. However you said you did reneg. If you did not attempt to find suitable housing and basically threw in the towel, then perhaps that is another story.

The RLA never is subject to anything but terms in the RLA. Thus a contingency in the purchase agreement is not part of the RLA. So I guess it all depends on the interpretation by whoever presides over the case.

[SD Realtor]

Whenever you cancel any contract you do so in writing. CAR forms include cancellation of listing and purchase contracts. You did not know that but your agent and his/her broker did.

While there are contractual obligations under the RLA the courts are very aware of the knowledge level of general consumers verses real estate professionals.

You have two places to start. The first is the DRE. Although it is a chore you can contact them and talk to them about this issue. You can also choose to file a complaint against the broker with the DRE. He is being an ahole to you. Second you can contact SDAR, the San Diego Association of Realtors and let them know what is going on. Both of these entities may or may not have some legal services for you to contact. However, they are in the business of providing legal services to realtors/brokers, not consumers.

Prior to contacting these entities call the broker and let them know you will be filing a complaint against him with each of these entities. Furthermore ask him why he never provided you a written release from the RLA and/or the purchase agreement when he knew full well you were done with his services. Let him know that after you contact these entities you will be contacting a real estate attorney to get a full range of options.

[SD Realtor]

They vary pretty widely. I don’t think there is a single number you can use. Your best method would be to run the analysis based solely on the exact area you want, then see if there is a differential on the view verses non view home.

Also finding the home you want or like, then doing the analysis saves you more time. Once you have done that, you will probably find that the selling price is to high regardless of what your analysis tells you. This is simply the state of the market right now, I call it the seller entitlement state. We had a big run up and now all sellers feel entitled to a sales price that is unrealistic. We are seeing that earlier momentum dissipate a little bit which is good for buyers but it certainly is not an indicator of some large depreciation event. Rather it is simply more of the process of returning to a normal supply/demand curve that was so distorted due to lack of supply.

Also interest rate increases are slowly taking a toll on buying power.

[SD Realtor]

I think you misunderstood. I was implying that as a society we would be better off without fast food. We certainly would be healthier without it.

So it would be a net benefit to get rid of something that is a detriment to our society. A good start would be fast food.

[SD Realtor]

“Low wages are the same as the pollution coming from the car. The argument isn’t that the laborer is doing something that deserve more, the argument is that if the product or service cannot be produced unless it uses sub-living wages, then as society, we’re better off without it”

Yes we may be better off without it. Except we would eliminate perhaps millions of jobs.

It can be argued that every single morsel of fast food is pollution. So by the logic above, (and I agree) that as a society we are much better off without any fast food. So zap every fast food job in America.

[SD Realtor]

All you need to do is thoroughly review whatever agreement you signed (presumably the lease) when you first acquired the place you are renting. There usually are some sorts of provisions in there for breaking the lease.

You should also do everything in writing. If there are additional requirements that are not specified in the lease get it down in writing. For instance if this 30% fee is not called out in the lease, make sure it is in writing. That includes the method of how it is paid, whether it is deducted from the deposit or not.

Don’t worry about the “who” you need to be protected from, worry about the documentation as that is what obligates you. You are not obligated by any more, or any less then what is on the document, regardless of whether the party is the owner of the property or the landlord. Relying on anything verbal is a bad idea.

[Author]

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