L.A. real estate news and insights.
January continues to be a hot month for the housing market.
Weekly mortgage applications jumped 30% for the week ending Jan. 10, a sign that homebuyers are emerging in 2020.
As I mentioned in the past, buyers typically take a break in December, then start their search again in January.
Check the first page of your listing agreement for the contract’s expiration date.
Once that date passes, the contract then becomes expired, your agent no longer works for you, and you are free to hire a new agent.
If you sell your home through a new agent before the listing agreement with your old agent expires, you will have to pay the new agent AND the old agent a full commission. ☹️
