r/BayAreaRealEstate

I wanted to place an all-cash bid on a house, offered the 2nd listing agent for that property 1.75% to put in an offer for me. She enthusiastically agreed but after speaking to broker/main listing agent, said she could only do the customary 2.5%. I went to another agent who did discount.

Given the lesser amount of work in putting in an offer/closing the sale versus starting with a potential buyer from scratch, I can't see why some agents/brokers believe it's selling out to agree to a lower commission. Especially for a 2nd fiddle agent who really wants to build her record.

Anyone else get a statement from California Fair Plan with updated rates? How are people coping with the significant increases? Ours went up by over 400%.

When East Bay resident Dana Gersten found out she was pregnant with her first child, she knew she didn’t want to raise the child alone. She wasn’t single — she has a loving, devoted partner — but she envisioned her baby growing up surrounded by a supportive community, ideally in a communal housing environment where people share resources and help one another day to day. 

https://www.zillow.com/homedetails/169-Sherland-Ave-Mountain-View-CA-94043/19517291\_zpid/?utm\_campaign=iosappmessage&utm\_medium=referral&utm\_source=txtshare

Obviously hard to come to complete conclusions without disclosures.

A colleagues parents built a 10,000 sqft custom home on the peninsula and the per sqft number that the first builder pitched at around 400 ended up being a fantasy. Final cost landed closer to 620 per sqft

The big variances came from the hillside lot which needed extensive foundation work that a flat lot estimate hadnt accounted for. Structural engineering for the second story footprint across that much square footage was its own line item. Mechanicals across 10k sqft, HVAC, plumbing, electrical, are a different animal than a normal sized home. And the wellness suite plus EV ready garage that the parents had budgeted as a minor add ended up being one of the biggest line items

At this price point the initial per sqft pitch from builders is marketing not budgeting. The actual cost depends on site conditions, structural complexity, and the real price of the high end systems that get sold as "included in the luxury package"