Real Estate and Homes For Sale In Laguna Beach, Team Laguna Blog

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Corporate Legal Department
Tel (213) 739-8282
Fax (213) 480-7724
Apr. 4, 2013 

 I.  Introduction
 II.  Pocket Listings
 III.  Pocket Listings and California Real Estate Law
 IV.  Pocket Listings and the REALTOR® Code of Ethics and Standard and Practices
 V.  Pocket Listings and Fair Housing
 VI.  Pocket Listings and Antitrust

I.  Introduction

REALTORS® marketing a property for which they have obtained a listing will generally place that listing on the Multiple Listing Service (MLS).  At times, however, listings are not placed into the

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$5,350,000 139 Monarch Bay Drive Dana Point, CA 4 br, 3.00 ba, 2780 ft²   Residential Home

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square

1,180 Views, 0 Comments


$2,495,000 650 Nyes Place Laguna Beach, CA 5 br, 5.00 ba, 4000 ft²   Residential Home

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is

1,186 Views, 0 Comments

$1,500,000 747 Balboa Avenue Laguna Beach, CA 3 br, 4.00 ba, 1899 ft²   Residential Home

LG13067066

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited

1,117 Views, 0 Comments

$38,500,000 2495 Riviera Drive Laguna Beach, CA 5 br, 9.00 ba, 7200 ft²   Residential Home

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is

1,242 Views, 0 Comments

Get Ready for Big Bidding Wars This Spring

DAILY REAL ESTATE NEWS | FRIDAY, APRIL 05, 2013

With tighter inventories of homes for sale, buyers are finding increased competition through bidding wars. But the bidding may not be between only one or two other buyers -- more bidding wars are popping up where dozens or even hundreds of other buyers are all competing for the same property. 

"The only question is not whether a new listing will get multiple bids but how many it will get," Kris Vogt, who manages Coldwell Banker offices in the Sacramento area, told CNNMoney.

For example, a home in Elk Grove, Calif., reportedly received 62 separate bids, with the final sales price more than $150,000 above its $129,000 asking price. In Cambridge,

1,179 Views, 0 Comments

$2,350,000 480 Cress Street Laguna Beach, CA 3 br, 4.00 ba, 2100 ft²   Residential Home

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square

1,046 Views, 0 Comments

To whom may be considering Team Laguna

I have lived in Laguna Beach since 1998. I currently own four homes in the city, the two most recent were purchased while being represented by Danielle Purcell of Team Laguna. Danielle has been placing her clients in my rental properties for the last 10 years. She always gets the tenant and they have worked out to be satisfactory long term relationships. She has been a valued source of both tenants and tradesman to maintain theses properties. She keeps in contact with me.

A year ago she showed me two houses on one lot with an ocean view. I generally don't make quick decisions on rental property but Danielle convinced me that this property with a recent $200,000 price reduction and would not be on the market

1,245 Views, 0 Comments

$1,399,000 2626 Glenneyre Street Laguna Beach, CA 2 br, 3.00 ba, 1600 ft²   Residential Home

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square

1,075 Views, 0 Comments

REALTORS® Must Properly Handle Pocket Listings

C.A.R. has heard numerous reports about properties being sold as pocket listings without cooperating with buyers' agents. This practice, if not handled properly, may expose the listing office and agent to unnecessary liability and other serious consequences.

An off-MLS or pocket listing is generally a listing agreement that the listing broker does not disseminate in the local Multiple Listing Service (MLS) to which he or she is a broker participant. This practice may run afoul of the MLS Rules which generally requires a broker participant to submit to the MLS all listings for one-to-four residential units and vacant lots located in the MLS service area (Model Rule 7.5).

For a listing agent to arrange

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