Field Notes from a Realtor

Real Estate Agents vs. Car Salespeople
Alex Wang Alex Wang

Real Estate Agents vs. Car Salespeople

“What’s the difference between selling cars and selling real estate?” It’s a question that reveals a fundamental misunderstanding of what real estate agents actually do. While both professions involve facilitating a purchase transaction, the similarities end there…

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Lessons from Los Angeles: Top 10 fire-safe upgrades for your home
Alex Wang Alex Wang

Lessons from Los Angeles: Top 10 fire-safe upgrades for your home

The recent fires in Los Angeles were a stark reminder that we can – and should – take steps to make our homes more resilient. While no home is fully fireproof, a few key improvements and a fire-conscious mindset can mean the difference between sustaining damage and losing everything.

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Dear seller: The evolving role of buyer love letters in real estate
Alex Wang Alex Wang

Dear seller: The evolving role of buyer love letters in real estate

While many lovebirds may have welcomed Valentine’s Day cards and love letters last week, real estate “love letters” are facing a more complicated relationship. Recently, the National Association of Realtors (NAR) has started to raise concerns about this practice, warning that these letters could lead to unintended Fair Housing violations. With new rules in place and shifting industry sentiment, should buyers still be sending love letters to sellers? Or is it time for a breakup?

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3 Million Agents, 5 Million Transactions— Something Doesn’t Add Up
Alex Wang Alex Wang

3 Million Agents, 5 Million Transactions— Something Doesn’t Add Up

Today, I had the privilege of meeting with a group of dedicated Silicon Valley real estate agents from Los Altos, Palo Alto, Menlo Park, and surrounding markets, organized by mortgage advisor Nikki James. Our discussion centered on an exciting initiative: the formation of a new trade group, the American Real Estate Association (AREA)—an organization that aims to elevate the industry and address the serious flaws in the current system.

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Cooperation: It’s a realtor’s simplest and easiest secret weapon
Alex Wang Alex Wang

Cooperation: It’s a realtor’s simplest and easiest secret weapon

Everyone knows that real estate is a fiercely competitive industry. Realtors compete on behalf of their buyers to secure desired homes, vie for seller listings and build strong buyer relationships. Buyers compete against each other in the market, and sellers compete with other available inventory in their area. But amidst all this competition, there’s another, more subtle yet crucial aspect of real estate that often goes unnoticed…

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