Private Exclusives Report
Jim Klinge reports that nine of the 72 Compass Private Exclusives listed in February have sold off‑market, while 33 have entered the MLS and 30 remain in limbo. The off‑market sales represent a 21% success rate for sellers who accepted private offers. Klinge notes the model is gaining traction, especially after Compass CEO Robert Reffkin cut the listings feed to Zillow, prompting a lawsuit. The legal clash underscores the growing tension between broker‑owned platforms and third‑party aggregators.
Invisible Market
Compass reported Q1 2026 results highlighting robust growth. The brokerage completed 52,201 transactions, a 6% year‑over‑year increase and 20 straight quarters of outpacing the market’s 0.2% rise. Sales volume hit $58.2 billion, up 11% versus the market’s 1.5% gain. Compass.com saw 38%...
Inventory Watch
The NSDCC market shows active commercial listings rising to levels similar to last year, now totaling 63 in the $0‑2 M segment, 105 in $2‑3 M, 78 in $3‑4 M, and 223 above $4 M. Meanwhile, the number of pending sales has slipped well...
SD Case-Shiller Index, Feb
The San Diego Case‑Shiller Index held steady at 442.13 in February, mirroring levels from both the prior and current springs, indicating a prolonged flat market. Nationwide, more than half of major metros posted year‑over‑year price declines, with the S&P Cotality Case‑Shiller...
Inventory Watch
Housing markets in Las Vegas, Austin and much of Florida are experiencing price declines of more than 30 percent, while inventory levels have surged to unprecedented highs. Southern California appears insulated for now, but the regional disparity raises questions about...
Negotiating Multiple Offers
A seller faced two competing offers after a home inspection revealed that both HVAC systems needed replacement. The buyers initially demanded a $40,000 repair credit; the seller countered by splitting the difference, resulting in a $20,000 credit that the winning...
The Role of AI
Artificial intelligence, still in its early stages, is projected to transform many occupations over the next two decades, including real estate. The article notes how technologies once considered futuristic—such as lane‑keeping cruise control—are now commonplace, citing driverless shuttles operating in...
More Coming Soons
The article argues that pocket listings thrive only when buyer demand outstrips housing supply. It notes that if supply were abundant, agents would prioritize maximum exposure for each property. Currently, the market faces strong demand but many buyers are priced...
Tax Day Slowdown?
The article debunks the myth of a nationwide "Tax Day slowdown" in residential real estate, noting that any dip in activity around mid‑April is short‑lived and inconsistent. Market momentum is driven more by life logistics—school schedules, weather, daylight—and macro factors...
Study On Pocket Listings
A recent discussion among real‑estate professionals highlights the growing role of pocket, or private, listings as an alternative to traditional open‑market auctions. Participants note that private listings become especially attractive during market slowdowns or when sellers set aspirational prices unlikely...
ChatGPT vs Realtor
A Florida homeowner used ChatGPT to list and sell his house, handling description writing and transaction steps automatically. The buyer, represented by Avanti Way agent Elinor Solomonoviz, identified a significant pricing gap of $50‑$100 per square foot and negotiated a...
Why Deals Cancel
The article questions the value of pre‑listing home inspections, suggesting they may dampen buyer enthusiasm and curb bidding wars. It raises the possibility that skipping the inspection could allow buyers to form an emotional connection and submit offers they might...
ChatGPT For Selling Your Home
A recent video shows a TV reporter touting ChatGPT as a tool for selling homes, despite lacking real‑estate expertise. The article challenges this claim, arguing that AI may not capture the nuances needed to secure full retail value. It warns...
Selling ADUs?
A homeowner asks about accessory dwelling unit (ADU) regulations, costs, and resale potential. Local rules impose no extra parking requirements and allow up to two stories, though taller structures are discouraged. Building a basic ADU starts around $200,000, but adding...
Inheritances
California’s sky‑high home prices have made inheritance the most viable path to homeownership for many residents. As baby‑boomers age, their properties are unlikely to flood the market in a single wave; instead, sales will trickle over a decade or two....