Rob filed his report on Friday, and it’s a good summary of where we are. The winning solution? Not the big agent teams, nor the employee model like Redfin:
Future of Brokerage Black Paper by Robert Hahn on Scribd
by Jim the Realtor | Jan 15, 2018 | Jim's Take on the Market, Realtor, Realtors Talking Shop, The Future | 7 comments
Rob filed his report on Friday, and it’s a good summary of where we are. The winning solution? Not the big agent teams, nor the employee model like Redfin:
Future of Brokerage Black Paper by Robert Hahn on Scribd
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
CA DRE #01527365, CA DRE #00873197
As good as twitter gets right here: Meet the Chicago-area man behind the hilarious Super 70s Sports Twitter account: 'I poke fun. It's a little profane. But I think it's good-hearted' https://www.chicagotribune.com/sports/ct-spt-super-70s-sports-ricky-cobb-20190223-story.html
I am an active realtor working the street so most of the time the reality is stranger than fiction these days. But you could probably say that it's been like that since the beginning in 2005. Thanks for asking.
@Bubbleinfo Honest question - is your blog a parody? Other than the videos And the name I can’t tell
Extended to end of August now. There will never be a Covid foreclosure: FHFA extends forbearance period to 18 months - HousingWire https://www.housingwire.com/articles/fhfa-extends-forbearance-period-to-18-months/
No matter what else happens; margins will shrink.
Ouch.
The good point is that Redfin gets all their business from their website.
If anyone can get close to producing a similar website, they would have a chance to compete, and possibly get a decent chunk of business. ‘Anybody’ meaning the discount brokers, outsiders/disrupters, traditional big-box brokerages, mom-and-pop, heck even I could get more business if I had a cracking-hot property search website.
It also means Redfin could be challenged.
If the consumer would be more demanding of the realty services provided, then blogs, etc. could play a larger role in how it sorts out. Will consumers get more demanding of their realty services, or just pay whatever to get whatever?
Hard to establish a “brand” for something most people do 4 times over 50 years.
Hard to establish a “brand” for something most people do 4 times over 50 years.
Especially when we’ve turned into a ‘push-button-get-goods’ society.
Will it come full circle, and the consumer realizes the differences between products and services?
Push a button if all you want to purchase is a Lakers Championships banner:
https://www.amazon.com/gp/offer-listing/B00C4G6OSK/ref=dp_olp_new_mbc?ie=UTF8&condition=new
But buy or sell a house that way? Risky – but I guess it’s only money.
Maybe there will be a new kind of ‘brand’?
http://proptechconsult.com/2018/01/09/the-cult-of-wework/
Relax. The traditional RE brokerage ain’t going anywhere.