This missive was emailed to San Diego Realtors from our MLS company: Dear Brokers, as you may know, the relationship between Zillow and ListHub ends on Tuesday April 7th. If your listings are going to Zillow by some means other than ListHub, this does not affect...
Though I speculate in this video that buyer agents will get phased out, it's not the best alternative - buyers should have representation, it is just a matter of cost/quality. In this futuristic scenario, the listing agent will only be representing the seller, and...
Here's another company who intends to disrupt traditional real estate: http://techcrunch.com/2014/09/08/allre-lets-you-buy-and-sell-your-house-online-without-a-real-estate-agent/ A few thoughts: 1. They have launched their transaction management business in San...
Tragedy helps us better appreciate the good things in life. One great thing is the challenge of selling real estate, which is undergoing an evolution right before our eyes. Agents themselves are contributing, and we could end up undermining - or imploding - the...
The new MLS has its faults, but one new benefit is a 'Count' button, which allows it to search larger sets of data and give us a total number. According to the SDAR website, in 1985 there were 3,251 agents in the San Diego Association of Realtors (the largest of 3...
The NAR and realtor.com aren't likely to keep up with the spending, so the future of home-selling will probably be determined by who wins the war below. Zillow has already shown the killer instinct that Redfin lacks, and if they succeed in getting the most eyeballs,...
JtR: Pocket listings are mostly mythical around here, because sellers hear that the market is hot and want to test it with open market exposure. A good article on the subject is here:...
I was asked, "How can you explain that a realtor in Detroit gets paid 5% to sell a $12,000 dump, and you get paid the same 5% to sell an $800,000 house?" I can explain it in one word. BOUNTY You are offering a reward for an agent to bring you a top-dollar sale. The...
Bloomberg has an article on the traditional real-estate-agent model, and the upstarts trying to change it. http://www.businessweek.com/articles/2013-03-07/why-redfin-zillow-and-trulia-havent-killed-off-real-estate-brokers#p1 Why has the traditional-agent model been so...
Sent in from a reader: Ah, but there is one thing a company like Berkshire Hathaway can do if it develops dominance in the market. It can decide not to participate in the MLS by setting up its own in-house version. Suppose it can get more than half the listings for...
