Richard Wamsat

Broker Associate | REALTOR®

Richard Wamsat, Broker Associate, Realtor® (DRE#01345167) has been representing clients for over 20 years in all price ranges, from condos to mansions, and from first-time homebuyers to seasoned investors. In 2013, Richard sought out RENI, a member of the Harvard Program on negotiation, to enhance his negotiation skills on behalf of his clients. As a result, he earned the prestigious designation of Master Certified Negotiation Expert (MCNE). Only a fraction of real estate agents nationwide have attained this distinction. While Richard cannot guarantee a deal that's too good to be true, his MCNE designation signifies that he has the knowledge and skills to safeguard your interests during the negotiation process.

Key Factors That Impact Affordability Today

By Richard Wamsat | March 9, 2022

You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now unaffordable. There are three measures used to establish home affordability: home prices, […]

How Global Uncertainty Is Impacting Mortgage Rates

By Richard Wamsat | March 8, 2022

If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since May of 2019. But that climb has […]

Why It’s Critical To Price Your House Right

By Richard Wamsat | March 7, 2022

When you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and high buyer demand, many homes are selling for more than asking price. Data from the National Association of Realtors (NAR) shows 46% of homes are selling above list […]

Supply and Demand in Today’s Market [INFOGRAPHIC]

By Richard Wamsat | March 4, 2022

Some Highlights Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell. For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of attention and that it’ll likely sell quickly and […]

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Contact Me

Phone: 949-864-6933
Email: richard@wamsat.com
Website: www.ocLUXEhomes.com
CalRE #: 01345167

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