To make their multimillion-dollar properties more attractive and move them more quickly, some sellers have been cutting their asking prices precipitously and negotiating other add-ons into contracts.
Source: Inman News
The LA ‘mansion tax’ is coming, sending sellers on a sprint to April 1
Published in compass, douglas elliman, Ernie Carswell, Hilton & Hyland, homelessness, inventory, los angeles, luxury, luxury lens, luxury_lens, Mansion tax, Markets & Economy, Sally Forster Jones, Select, Sotheby's International Realty and Tomer Fridman
More from compassMore posts in compass »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Real CEO talks growth in hard times — and how everyone loses in real estate ‘wars’
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- In crowded virtual staging category, Collov AI offers ease, affordability: Tech Review
- Zillow’s listing ban hangs in the balance after 4-day hearing
More from douglas ellimanMore posts in douglas elliman »
More from Ernie CarswellMore posts in Ernie Carswell »
- Ernie Carswell & Associates trade Elliman for Sotheby’s Realty
- ‘Reality’ is a misnomer when it comes to real estate TV shows
- California’s loathed ‘Mansion Tax’ falls flat in first full month in effect
- Olympic training, ballet, real estate — now, ‘Kendra Sells Hollywood’
- Johnny Depp and Amber Heard’s former penthouse lists as trial ends
More from Hilton & HylandMore posts in Hilton & Hyland »
- Compass just recruited a pair of high-profile Hilton family scions
- Compass agents see play for Anywhere as a power move
- How an agent’s networking landed him Roseanne Barr’s Hawaii listing
- Paul Salazar moves from Hilton & Hyland to Compass
- Checkmate or alienate? Reactions mixed as firms align with Zillow
More from homelessnessMore posts in homelessness »
- HUD shifts homeless policy away from providing permanent housing
- Feds bust real estate execs in $25.9M scheme against homeless
- California passes bipartisan bills that overhaul environmental law to bolster building starts
- LA pauses new Section 8 applications amid funding cuts
- Will HUD Secretary Scott Turner be good for housing?
More from inventoryMore posts in inventory »
- Listing leverage: How to win the game of securing sellers
- 3 under-the-radar trends from October’s Intel Index survey
- Tailwinds pull October existing-home sales up 1.2%
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
- 53% of US homes lost value from 2024 — but it’s not a crash
More from los angelesMore posts in los angeles »
- The most iconic house in Los Angeles is now for sale
- What it takes to build a $100M real estate brand with heart
- Why 2026 will reward those who plan with precision, not emotion: Mauricio Umansky
- Luxury’s next phase: What the 2026 buyer really wants
- Delistings and discounts jump as holiday season approaches
More from luxuryMore posts in luxury »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- The most iconic house in Los Angeles is now for sale
- Why 2026 will reward those who plan with precision, not emotion: Mauricio Umansky
More from luxury lensMore posts in luxury lens »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- The most iconic house in Los Angeles is now for sale
- Why 2026 will reward those who plan with precision, not emotion: Mauricio Umansky
More from luxury_lensMore posts in luxury_lens »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
- SERHANT. enters Sin City with 2nd Southwestern market launch
More from Mansion taxMore posts in Mansion tax »
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
- ‘Real estate is the sacrificial lamb of high interest rates’: Jason Oppenheim rants on the Fed
- Jason Oppenheim respects the Compass deal, but says he’s ‘not happy about it’
- Here are the stories you missed amid the Compass coverage
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from Sally Forster JonesMore posts in Sally Forster Jones »
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from Sotheby's International RealtyMore posts in Sotheby's International Realty »
- Inman is celebrating 30 years of community, and you’re invited
- SERHANT. enters Sin City with 2nd Southwestern market launch
- Anywhere expects preservation of brand ‘independence’ after Compass merger
- Robert Reffkin: My commitments to Anywhere’s brands
- Christie’s president wants to dominate luxury real estate
More from Tomer FridmanMore posts in Tomer Fridman »
- Inman is celebrating 30 years of community, and you’re invited
- A blockbuster roster of luxury icons are heading to San Diego in July
- Tomer Fridman announces move to Christie’s Real Estate SoCal
- Agent to the stars Tomer Fridman quietly leaves Compass
- Jones Fridman International brings on Straser Silicon Valley team
Be First to Comment