What’s the best time to buy a house in L.A.?
If you believe the Fed’s raring to jack up interest rates in September, maybe it’s now.
Or perhaps prices will fall in the ebbing buyers’ tide those higher rates will bring.
Point is: you can’t predict the future. But you can protect yourself from getting gouged by a broker.
That’s the mission behind Open Listings, a new buyer-friendly virtual database of L.A.’s best homes.
They substitute the percentage-based fee a broker usually gets — about 2.5% of the purchase price — with a flat fee of $5,000.
See for yourself with their handy calculator. Your savings could mean a new car.
And they have some impressive homes on the roster — get an exclusive look at five of their most eye-popping properties currently on offer right here.
The site is simple, elegant and easy to use. And there’s an app. It geolocates.
Buyer’s agents: beware.