REAL ESTATE ANSWERS: What changes are coming to Berkeley’s BESO program, and how will they affect home sellers?
What changes are coming to Berkeley’s BESO program, and how will they affect home sellers? Coming soon to a real estate sale near you: changes to Berkeley’s Building Emissions Saving Ordinance (BESO) that will significantly increase the requirements when a single-family home or detached condo is sold. The purpose of the ordinance (from the code itself) is “to reduce energy use, water consumption, and greenhouse gas emissions in existing buildings.” Currently, BESO requires a seller to complete an Energy Report identifying energy and water efficiency opportunities, which must be filed with the City. The total cost is typically under $500. [...]
REAL ESTATE ANSWERS: What is the right pricing strategy for my home?
What is the right pricing strategy for my home? In Berkeley and in the surrounding areas, it has long been the case that many properties are listed below what they’ll likely sell for. I’ll call this “low pricing.” Low pricing is a strategy intended to attract the attention of a wide range of buyers and to generate multiple offers. Most properties around here follow this strategy, but it’s not the only possibility. “Transparent” pricing is a newer term for the classic pricing strategy followed in most other areas. It refers to choosing a list price that is at a value [...]


