Eric Wilson

@adamstatonsmith North end of Bend

@ericwilsonRE You in sisters??!

@timo_rf The pic you get from your neighbor after you drove 8 hours to hunt

@shawngorham Congrats Shawn!

And just like that... child #2 is in Grad School Looks like I will have two kids with Masters degrees (so far) 3rd at minimum will have a college degree, not sure he will go for a Masters, time will tell Feels pretty good to have all 3 kids pursue degrees and advanced degrees Also, dont bring your anti college, AI non sense A college degree will never hurt you

GO PACK GO! 🏈🧀🏈

@packers @Invisalign Go Pack Go!!!

LEAVE A GO PACK GO IN THE COMMENTS

Go Ducks! 🦆

Go Pack Go! 🏈🧀🏈

@Jb2Investments Excited to see it

@ericwilsonRE I’m going have a little open house I’ll let you know to swing by probably Saturday Nov 1st.

New Pictures of the 12-unit project I am working on here in Bend, OR. Didn't love the blue at first, but it's grown on me.

Go Ducks! 🦆

@rohindhar Excellent breakdown. We’re in bucket 1/2 in my market, with few properties falling into bucket 2. Sellers have to be realistic on pricing.

There are three kinds of bidding strategies in San Francisco real estate (probably everywhere?) that inform whether prices are going up or down Take a house listed at $2.495MM for example (scale this to any price for your market) Bidding strategy 1: Wait and bid under asking price In a down market. You like the house but only at $2.3MM. The strategy is to then *wait* for them to get no other offers (usually 30 days +) and then make an offer that is under list price but the seller would be well advised to take. If this is the dominant strategy in the market prices tend to drift downward Bidding strategy 2: Bid just right In market where there are “plenty of fish in the sea.” You like the home so you bid about what you think it’s valued at. So maybe in this case about $2.4 to $2.6MM. If you win it great. If you lose it on to the next one. One home is easily substitutable for another, so you want to win, but not exceed the second highest bid by more than $1. If this is the dominant strategy in the market, prices are sort of stable Bidding strategy 3: Win at all costs This is when prices start to get a little screwy. You want to reduce the probability of losing the home to another bidder to near zero, which is expensive to do. If the expected bids for the home are coming in the $2.4MM to $2.6MM range, than you need to bid $2.9 to $3.3MM to decisively win. If this the dominant strategy in the market prices explode upward In San Francisco today, all three bidding strategies are going on simultaneously at different price points and locations A $20MM house in Pac Heights is still in the Bidding strategy 1 zone. So too is a condo on Mission St. A two bedroom house in the outer Sunset is still sort in strategy 2 zone. A house listed under $3MM in Noe Valley is squarely in the zone 3 But on the whole, San Francisco is moving from zone 1/2 to 2/3 so prices are ticking upward. But the market is not monolithic and every nook and cranny of it is subject to different amounts of competition So at any given point, you have to know which game you (and your opponents) are in if you want to win. You might choose to opt out, but you shouldn’t lose because you don’t know

Bend's SFR median home price in August was $798,500, up 7.8% over last year. Active inventory is +16% vs. LY. Buyers have the power of choice right now, while sellers are in fierce competition to stand out in the market. 2019 vibes.

@rohindhar Well done!

Excited to share my latest closing as a San Francisco real estate agent! I represented the buyer of this stunning home in Clarendon Heights The home is just absolutely wonderful. Meticulously renovated over two decades by the prior owner and featuring some of the most incredible views in the city Friends, it’s 80 degrees today in San Francisco. People and startups are moving to the city once again. Companies are announcing $100BN (!) funding rounds… And maybe we’re still in the first inning of San Francisco’s resurgence? Let’s do this people!!!! Rohin Dhar, San Francisco real estate agent at your service🫡

@imNickCooley Can’t wait 🧀

@ericwilsonRE @ReconveneLA @SimranKagan @moseskagan @reseedrhett @twallyweb @MRossG199 @ajobst @thedirtguy @rohindhar @CaseyMericle @chasingrentals Yaaa buddy!! We’ll roll out the orange and blue carpet 😉

Another inspiring @ReconveneLA put on by @SimranKagan & @moseskagan The breakouts with @reseedrhett, @twallyweb, and @MRossG199 got my wheels spinning. Duration = value. Caught up with @ajobst, @thedirtguy, and @rohindhar. New connections with @CaseyMericle, @chasingrentals, @lcrothlisberger, Frank W & Will M. See you in Denver @imNickCooley 👊 Lively discussions all around.

@follard @DonovanBuilds @benjamintink @twallyweb great meeting you a breakfast, Foley

Here are the two things that stuck out to me after attending Reconvene: 1. The next generation of real estate entrepreneurs are insanely talented. Hearing @DonovanBuilds and @benjamintink speak about SB9 and SB684 or @twallyweb speak about small bay industrial tells me the industry is in good hands. 2. The quality of a conference is judged by the "in between" characteristics and @moseskagan and @SimranKagan knocked it out of the park. Every detail was perfect. The breakfast and dinner groups were intimate and perfectly curated. The venue selection was unmatched. Oh, and I may have become a Type III diabetic after being introduced to Sidecar donuts (I'm alreadyType I).

@CaseyMericle @ReconveneLA Enjoyed the lively dinner with you, Casey. Hope you go 7 for 7

Helluva party @ReconveneLA Thanks Simran, Moses, speakers & friends Let’s run it back sometime

Santa Monica