Yesterday we drove to Sausalito to have lunch with good friends visiting from Sydney Australia. We met at The Spinnaker for lunch and had a delightful time catching up. It’s always fun to catch up with friends and hear what’s been happening in their lives.
Among the many things we talked about was the difference between how real estate sales happen in Sydney versus in the U.S. It turns out that broker commissions are substantially less there than they are here. There’s been recent litigation in this country that might affect the relatively high commission rates we pay when buying or selling a home. It will take some time for the effects of recent settlements to work their way through the system. But it was interesting to hear how a viable real estate market can function with a different and substantially lower commission burden paid by buyers and sellers.
The Spinnaker sits out on a piece of land that provides a spectacular view across the Bay from Sausalito to the San Francisco skyline. The image above was taken with my iPhone 15 Pro Max using the 5X telephoto in Live View and then smoothed with the Long Exposure adjustment. The toning is from the Silvertone effect in the Photos app.
