“Build It and They Will Come” Real Estate Development “Silicon Valley Spec House Seeks $42.8 Million.” —Headline, The Wall Street Journal. For the uninitiated, a “spec” or “speculative” house is a home that a developer first builds, then tries to sell. That’s opposed to a home that’s commissioned by/for an existing client, and built according...Read More
“The race is not to the swift, nor the battle to the strong ” but that’s the way to bet.” —Ecclesiastes (with an assist from Damon Runyon). For the benefit of non-Realtors, here’s a “Top Ten” List of ways that seasoned Realtors know that a home Buyer is serious: 10. They’re represented by a good,...Read More
