A Seller’s Perspective
The future of real estate commissions
The US and Canadian real estate industry faces significant challenges due to class action lawsuits related to buyer agent commissions. These lawsuits could affect the future of real estate commissions. The suits argue that agents have "forced" ...
How to get a date of death valuation?
How to get a date of death valuation? Ask Phyllis: a blog series of frequently asked real estate questions. Dear Phyllis, I am the trustee of my brother’s estate. The trust attorney’s secretary told me I need a date of death valuati...
Should You Accept the First Offer You Receive When Selling Your Home?
You spent time and energy preparing your home for sale. You have had a broker's open house and a Sunday open house for the public. So, should you accept your first offer when selling your home? The answer is that it depends on several fa...
Neighbors and Fencing
Neighbors and Fencing Ask Phyllis: a blog series of frequently asked real estate questions. Dear Phyllis, I have been enjoying your real estate questions and answers for years, and I think I have a new situation for you. The neighbor to th...
Trustee not acting as a fiduciary
Trustee not acting as a fiduciary Ask Phyllis: a blog series of frequently asked real estate questions. Dear Phyllis, My aunt never had children, and her trust named her five nieces and nephews beneficiaries. The eldest nephew was the...
Focus on the Terms of the Buyer’s Offer not who They are When Selling
When selling your house, it is important to focus on the buyer's offer rather than who they are. It is natural to have an emotional attachment to your home. However, considering the buyer's personal characteristics or preferences can potentiall...
When is it time for a price reduction?
When is it time for a price reduction? Ask Phyllis: a blog series of frequently asked real estate questions. Dear Phyllis, As an avid follower of your column, I have yet to see this question discussed. I have three siblings and am the t...
Is hiring a trust sale specialist important?
Is hiring a trust sale specialist important? Ask Phyllis: a blog series of frequently asked real estate questions. Dear Phyllis, I am the executor of my grandmother’s estate. She lived in North Hollywood, and I will be selling her h...
