I'm always flattered when Jordan Gunn, of the San Francisco Chronicle,includes my responses in the weekend edition of the real estate section.(It's riveting reading to be sure.) While admittedly, my answers are too long-winded (which means Jordan has to edit considerably to fit his format) this week's questions presented a "lightbulb moment" and I wanted to pass them along (just in case you don't read the SF Chronicle or catch it on SF Gate). Below is the unedited version and what I think every prospective client should know before aligning themselves with a Realtor. (Thank you Jordan for asking.)
Summer has definitely arrived and that means the market has shifted.
(Do you feel it?)
Which isn't to say that prices have dropped, or that the market has cooled, but that it has reached its cruising altitude to be sure, and you should expect fewer listings as the summer progresses. In short, the fast and dynamic spring market is behind us and list prices should more closely represent Seller expectations. (Look for key phrases like "transparent pricing.")
Julie Gardner, has been writing The Perspective for 18 years and has published more than 670 essays on life and real estate.