If you ever get to the point when you feel as though all of your money seems to go toward paying off debt, you are probably living on the edge of a high debt-to-income ratio (DTI). Your debt-to-income ratio is a measure of how much you are paying in debt each month versus how much income you receive. Suffice to say, the higher your DTI, the greater the strain on your financial situation. If your DTI is more than 40
One of the most common questions homebuyers ask is "what's this home worth?" A traditional agent might dodge the question by asking how much a home is worth to you. Online price estimates such as Zestimates are notoriously, perhaps purposefully inaccurate. We believe this critical question deserves a simple, data-driven answer. Understanding a home's value means you can bid successfully without overpaying. It prevents subsequent problems like a low appraisal or a potential loss when you decide to
Way less shitty Shitty Listings is an incredibly useful tool for real estate investors and renovators. It algorithmically scours the market for fixers, distressed properties, and residential investment opportunities throughout California. It finds listings the moment they come on the market saving you countless hours searching the MLS. Currently there are over 3,000+ active properties for sale and it adds 50–100 new listings each day. We made a few key improvements and further integrated the site with openlistings.
When Wes and Laurel Duquette set out to purchase a home for the first time, the couple chose not to work with a real estate agent. “We didn’t find an agent to be much of an advantage, yet they’re so heavily compensated for what they do,” Wes said. Instead, they turned to Open Listings, a Y Combinator-backed start-up that replaces most of what agents do with an online platform. The Los Angeles company helps customers find a home
At Open Listings, we want buyers to love their homes as much as they love paying less for them. The scale and passion of our community has enabled us to try something new: we’ve partnered with a select group of companies to provide exclusive deals. These partner discounts make it easier for buyers to afford the newest and best housewares, to design instagrammable rooms, to transport their latest flea market finds and to stock up on the good shit.
We've been on our expansion grind and we're excited to announce that we now have real-time data and thousands more homes for sale with our launch in 12 new counties throughout California. Get deep into state politics in Sacramento. Go back to school in Davis. Start a winery in Sonoma, Napa and Santa Rosa. Start a farm in the San Joaquin Valley. Yolo in Yolo. Retire with us to Bolinas. More to come... Open Listings can help you buy any
Open Listings tallied all the May 2016 home sales in San Francisco and the median home price has dropped to $1.25M. That's down from $1.29M the previous month (which was an all-time high for SF) and $1.26M in May 2015. Loyal readers know that we're not big fans of median price gazing, but it's interesting to see how the downturn in high-end condos has dragged the median price lower. March 2016 saw the first year-over-year decline in
We moved! Find, mail, pay, invoice, visit, and/or gift Open Listings at: 2301 Hyperion Ave, Suite A Los Angeles, CA 90027 If you don’t want to park on Hyperion Ave and walk up a long-ish flight of public stairs, our main entrance is at the dead end of Tracy Terrace. You can map to 2240 Tracy Terrace and usually find street parking.
Flashback to last Monday when an OL squad competed in the annual Media Temple Table Tennis Invitational in Los Angeles. After a string of hard-fought victories, we were bested in the semi-finals and finished 4th out of 64 teams. Thanks to our friends at MT for organizing and much respect to Joe and Elliot for their gutsy, inspiring play.
Here at Open Listings, we're fixing all of the manual, mistake-ridden processes that go into purchasing a home. While e-signing makes the process easy for our users, it's tedious for our support team to repeatedly prepare and send documents. By automating it we free up our support team, remove unnecessary delays, and prevent potential errors. Because our team was already using DocuSign, we decided to integrate with the DocuSign API to begin sending frequently-generated documents with the click of a
Last week we drilled down into the recent decline in SF home prices. Instead of a market downturn, we found that the decline was isolated to homes and especially condos sold above $3M. Below $3M, prices continued to increase and competition was fierce. April 2016 - Back to normal/crazy At the time of publication, there were 394 single-family homes and condos reported sold to the San Francisco MLS in April 2016. Their combined median sales price was $1,285,
A couple weeks ago, Redfin reported that housing prices in San Francisco fell for the first time in 4 years. This made for great headlines, but at Open Listings our buyers are seeing prices go up and up with more offer competition in the ranges they're shopping in. So we drilled down into the MLS data to figure out what's really going on. You can't shop by median While it is true that the median sale price fell by 1.
We’re excited to officially launch Open Listings in Santa Barbara! Get a 50% commission refund on any home in Santa Barbara. While we’ve been working with homebuyers across California, we now have real-time data and thousands of homes for sale in Santa Barbara and nearby regions. 8 reasons to buy with us in Santa Barbara Save thousands in fees. Use Open Listings as your real estate agent and we’ll refund you half our commission. Every new listing
Every time someone buys a home with Open Listings, we donate to New Story, a nonprofit that crowdfunds houses for homeless families around the world. “Open Listings is literally housing a family and providing a foundation for them now and for many generations to come. We’re beyond grateful for Open Listings’ heart to give back and for setting an example to other companies.” - Matthew Marshall, Co-Founder New Story 5 Reasons We Love New Story: 100% Funding Model: 100%
We’re excited to officially launch Open Listings in San Diego. While we’ve been able to help homebuyers throughout California, we now have real-time data and over 4,000 listings in San Diego. Open Listings is the smarter way to buy any home. Search on your own, buy with us, keep half of our commission. Better technology and support, zero pressure from salespeople. 8 reasons to buy with us in San Diego Save thousands in fees. Use Open Listings