Author Archive for: Admin
Entries by Admin
The MLS is Not Your Friend
Et tu, MLS? Were you there before the Multiple Listing Service “MLS” became the web-based platform it is now? I started in real estate right before the transition occured. The old MLS was accessed on the DOS computer system, you know, the black screen with the green letters. Real estate agents would punch in codes […]
Is The Earnest Money Deposit Refundable in California?
What is The Earnest Money Deposit? Also, called the “EMD,” this is a good-faith deposit the buyer places into escrow at the beginning of the transaction. This gesture shows the buyer’s seriousness and is also at risk of being lost if the buyer breaches contract. A typical earnest money deposit is 1% to 3% of […]
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