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A Seller’s Perspective

How to Determine your Asking Price

How to Determine your Asking Price

Dear Phyllis, Last year, thinking we were going to remain in our home for many years, we refinanced to combine our first and second loans and to take advantage of a lower interest rate.  Our home appraised for $950,000.  Zillow says my...

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Determining your Tax Basis

Determining your Tax Basis

  I am a real estate agent and am not qualified to offer tax advice. But of course, as a California Realtor, there are certain general things I should be aware of.  When it’s time to sell your home, you certainly want to take advanta...

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How to Determine your Asking Price

Is it time to fire your Realtor®?

Phyllis, In November, I signed a contract with a local real estate agent. Other than one open house and a few ads, he has done nothing special to sell my home. I really need to get my home sold and am very frustrated.  I want to fire my...

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What is the average time someone owns their home?

What is the average time someone owns their home?

For two decades, the median ownership of a home averaged six years. Since 2008, that average has significantly increased. According to the National Association of Realtors, for over two decades (1985-2008), the median time a home was owned aver...

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Los Angeles Real Estate Commissions

Los Angeles Real Estate Commissions

Some home sellers interview several real estate agents prior to hiring one to list their home for sale. One of the most common questions is often about typical Los Angeles real estate commissions. Typically, real estate commissions are e...

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How to Determine your Asking Price

Ask Phyllis: Moving into Senior Housing

Dear Phyllis, My siblings and I have been discussing moving our mother into senior housing in the next year or two.  She has lived in her home for 40 years, and it won’t be an easy move. I am the only one living locally, so this will ...

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Signs that Now is the Time to Sell Your Home

There are many reasons why it may be time to sell your home. You may need more space to make room for a growing family, or you prefer to downsize after your kids leave home. Whatever your motivation, you want to ensure that you’re timing ...

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How to Determine your Asking Price

Ask Phyllis: Capital Gains Tax

Ask Phyllis is a blog series of frequently asked real estate questions.  Have a question about real estate?  Email us here   Dear Phyllis, My parents moved out of state two years ago and converted their home to a rental.  To avoi...

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