Everyone seems to have a take on the commission lawsuits. This is one of the best: A way to implement an instant solution within the existing framework is to require that realtors possess a broker's license, which takes a minimum of two years experience (or a...
Commission Lawsuit
NAR Buckles
What a headline! Nowhere in this article does it say that NAR is slashing commissions or that any agents - the people who determine the commissions - have agreed to slash the commissions. The weak, spineless agents who have nothing else to offer will gladly agree to...
Moving Towards Single Agency
It's been obvious that the entire real-estate-selling business has been deteriorating towards single agency. I see it every day on the street, and I've posted evidence of the shift regularly. The trend is moving quickly now on multiple fronts. The DOJ is going to...
Single Agency Coming Soon
The gradual phasing out of buyer-agents is underway, and it shouldn't be long now. Zillow's new format features the listing agent's phone number under the main photo! The three-headed agent display was removed and now when a reader clicks on the right side for Request...
Racing Towards Single Agency, Part 3
Won't somebody just produce an all-encompassing (pardon the pun) website to facilitate homes sales? There is a new disruptor every month with their unique solution, and it's ALWAYS born out of their frustration with buying a home recently so they are happy to bash...
Racing Towards Single Agency, Part 2
I spoke to a few agents on the broker preview yesterday about business this year, and the common theme was that agents are have big trouble finding people who want to sell their home. It suggests that the inventory of quality homes will be extremely low this year....
Racing Towards Single Agency
I don't think anyone in the realtor industry recognizes the harm being done to the consumers by squeezing out the buyer-agents. The good ones offer a valuable service by assisting homebuyers with the complexities of purchasing a home; a challenge that is tougher than...