San Francisco Living - Omitting The BIg Cons!
Real Estate Realities With The RebelBroker
Release Date: 03/13/2023
Real Estate Realities With The RebelBroker
The NAR settlement is in the final stages of approval and will likely go into effect in the middle of July 2024. It is not an understatement when I say that this change to how buyers agents are being compensated will introduce chaos into the real estate world until the systems in place adapt to this new reality. BUYERS HIT HARDEST These changes will leave Buyers having to directly pay their agents themselves. However, none of the current systems in place, including lending, are ready for this change. While it will lead to many more options for buyers in terms of representation, it also...
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Things are looking rough for California residents in 2024. A nearly $100 billion dollar surplus has been turned into $73 billion (and growing) deficit. Sadly, the solution from Sacramento seems to be doubling down on the policies that are causing many of these issues. New changes to the law have been proposed that will be voted on later this year designed to make it easier for California politicians to raise taxes. In addition, this approach seems poised to try and challenge the one thing that has at least kept property taxes at bay - proposition 13. Instead of making the needed...
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Welcome to "Real Estate Realities with The RebelBroker" – your go-to podcast for expert insights into the dynamic world of real estate. In this episode, we delve into a crucial aspect of selling your home: digital curb appeal. In today's digital age, first impressions are made online. Potential buyers scroll through listings, making split-second decisions based on visual appeal. That's where mastering digital curb appeal comes in. Join us as we explore the art of crafting compelling digital presentations for your property. From stunning photos capturing every angle to immersive virtual tours...
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In this episode, dive deep into the intriguing world of real estate data with Robert Whitelaw, the seasoned real estate broker from Morgan Hill, California. Join us as we unravel the disparities between pending home sales on a national scale and the dynamic market of Santa Clara County. 📊 Key Takeaways: Analyzing the latest trends in pending home sales nationwide. Unveiling the unique factors influencing Santa Clara County's real estate landscape. Expert insights into what these divergences mean for both buyers and sellers. Whether you're a seasoned investor or a first-time homebuyer,...
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Welcome to "Real Estate Realities with The RebelBroker," your go-to podcast for demystifying all things relating to real estate, including the status of homes for sale! Join us as we navigate the dynamic world of real estate, providing valuable insights and expert analysis. 🏡 Unlock the Secrets: Delve into the nuances of home listings – from active and contingent to pending and sold. We break down the complexities, empowering you with the knowledge needed to make informed decisions. 🔍 Insider Perspectives: As a seasoned real estate broker with over 35 years of experience, The...
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Welcome to another eye-opening episode of "Real Estate Realities with The RebelBroker"! Today, we're diving deep into a topic that affects both seasoned and aspiring real estate agents—the real problems plaguing today's real estate professionals. Join me as we explore the notion that bad agents are made, not born. Many agents are trained to prioritize quantity over quality, a trend that leads to a decrease in overall service quality. As agents focus on increasing their transaction numbers, key metrics that matter to clients often fall below average. We'll uncover shocking examples, like a...
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Welcome to another edition of Real Estate Realities! Today we are covering the FHA loan for multifamily purchases that just got WAY better. In fact, it makes it possible for much easier house hacking! Don't know what house hacking is? Not sure why I am so excited about changes to a loan? Then make sure to check out todays show and realize that this could be the first step in reaching your real estate empire goals! —————————————————————————————————————————————————— ➡️ Instagram: ...
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In this episode of Real Estate Realities with The RebelBroker, we delve deep into the crucial topic of compensating real estate agents when selling your home while keeping in mind the recent court case where Sellers won a $1.8 billion judgement against the National Association of Realtors and a number of real estate brokerages. Finding the right compensation structure is pivotal for buyers, sellers and agents, impacting the quality of service and the overall success of the transaction. This latest court case covers ground that have been visited many times over the years. However, in todays...
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As interest rates snuggle up to 8%, we find ourselves in a place that we have not been in 23 years! An entire generation of business people, home buyers and home sellers have become comfortable with interest rates in the sub 5% range. So what will this interest rate mean for home buyers, sellers and investors? Could this be the element that finally tips the scales and causes a boost in inventory that brings down sales prices? We will explore all of that in todays podcast! ...
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Welcome to "Real Estate Realities with The RebelBroker," the ultimate destination for in-depth explorations of recent California rent control real estate law changes. With our finger on the pulse of recent California legal changes, todays podcast serves as your comprehensive guide to understanding the nuances of the ever-evolving legal landscape governing landlords, tenants, and homeowners in the Golden State and California rent control efforts that seem to grow each year. In today's show, we embark on a journey through the recent law changes in California, unraveling their impact on property...
info_outlineI came across an article a little while back on Redfin where they were discussing the pros and cons of living in San Francisco. As someone that is pretty familiar with San Francisco, I was surprised more by what they left out than what the included.
San Francisco has long been considered a desirable place to live, thanks to its stunning architecture, rich cultural diversity, and thriving job market. However, recent years have highlighted some of the significant downsides of living in the city. In this podcast, we'll discuss a recent Redfin article that left out some critical cons to living in San Francisco, including higher crime rates, car break-ins, homelessness, drug paraphernalia, human and dog waste on the streets, and an unwillingness on the part of the city to deal with these issues.
San Francisco is home to some of the most beautiful and iconic landmarks in the world, including the Golden Gate Bridge, Alcatraz Island, and Fisherman's Wharf. The city is also renowned for its thriving arts scene, vibrant neighborhoods, and diverse population. However, beneath the surface lies a reality that many residents and visitors alike have come to experience.
One of the most pressing issues facing San Francisco is its high crime rate. While violent crime rates in the city are relatively low compared to other major cities, property crimes such as car break-ins and theft are rampant. In 2019, there were over 40,000 car break-ins reported in San Francisco, making it one of the highest rates in the country. The problem has become so pervasive that some residents now refer to the city as "Smash and Grab Francisco." The rise in crime rates has left many feeling unsafe and frustrated, particularly those who have been victims of these crimes.
The city's homelessness crisis is another significant issue that cannot be ignored. According to the latest estimates, there are around 8,000 homeless people living in San Francisco. The problem is so severe that it has resulted in drug paraphernalia left on the streets, human waste on sidewalks, and other unsanitary conditions. For many residents, the situation has become untenable, with some areas of the city becoming virtual homeless encampments. The city's inability to address this issue effectively has left many feeling unsupported and frustrated.
One of the most troubling aspects of San Francisco's homelessness crisis is the impact it has on public health and safety. The unsanitary conditions on the streets have led to an increase in diseases like hepatitis A, and it has also made it more difficult for the city to keep the streets clean. The situation has become so dire that some residents have taken it upon themselves to clean up the streets in their neighborhoods, but they are often met with resistance from the city.
Despite the severity of these issues, the Redfin article failed to acknowledge them. Instead, it painted a picture of San Francisco as a paradise, highlighting the city's natural beauty, cultural diversity, and robust job market. While these are undoubtedly significant benefits of living in San Francisco, they do not tell the whole story.
The article's failure to address these issues has led many to question its credibility and motive. Some have accused Redfin of trying to boost the city's real estate market by downplaying its problems. However, this approach is short-sighted, as it ultimately does a disservice to those who are considering moving to the city.
While San Francisco remains an attractive place to live for many, it's essential to recognize the significant issues that the city faces. The rise in crime rates, homelessness crisis, and unsanitary conditions on the streets are not issues that can be ignored. It's vital for those considering moving to San Francisco to understand these challenges and to make an informed decision about whether it's the right place for them. Moreover, it's crucial for the city to acknowledge and address these issues effectively to ensure that it remains a vibrant and thriving place to live for generations to come.
SOURCES:
- https://www.redfin.com/blog/is-san-francisco-a-good-place-to-live/
- https://www.sfchronicle.com/projects/sf-car-breakins/
- https://www.sfchronicle.com/sf/article/small-business-burglary-crime-police-17775277.php
- https://sfstandard.com/criminal-justice/worse-than-its-ever-been-crime-rising-in-san-franciscos-sleepy-sunset-district/
- https://www.pods.com/blog/2023/03/san-francisco-living-truth/