Frank has a local SD page in his Facebook network, but it has been among the slower to attract new members. He allowed me to join, but then wondered if I was the enemy. I just want to see if it gains any traction - but so far, not much. There are 254 realtors in the...
Listing Agent Practices
Pocket/Off-MLS Sales 2
Part of the story about the Pre-MLS sales was that the local rules require that agents have 48 hours to input their new listings. The last paragraph of the story: The waiting period before a listing is submitted into the MLS was originally put in place to accommodate...
Pocket/Off-MLS Sales
In a world accustomed to shock and awe, it seems that all media outlets feel the need to bolster their headlines to grab more eyeballs. The I-News is no exception:...
Realtors Sexcapades Countersuit
Hat tip to daytrip for sending in this follow-up story on the frisky realtors in New York, from Inside Edition: When Richard Weiner wanted to sell his New Jersey home, he turned to veteran Coldwell Banker real estate agent Robert Lindsay. Weiner was impressed with...
Auction.com Loads Up
If N.A.R., realtor.com, and/or other industry leaders don't get out in front of the changing market, then those with the big bucks will put an attractive spin on their model and try to determine our future. From techcrunch.com: Fresh off its public debut last week,...
Holdover Rent
There is an old-school habit in the home-selling business to give the seller a few days after the close of escrow to vacate. Back in the day it would accomodate the cashing of checks, and closing escrows upstream - but with today's standard of wiring funds and...
Somebody Has To Do The Selling
The real estate space is crowded with advertisers hoping to hook potential buyers and sellers with the latest gimmick. Because people don't move much, they are inexperienced about selecting the best realtor. Especially those who shop for an agent based on commission...
Handling An Off-Market Sale
Off-market sales have a nasty reputation, and deservedly so because the sellers usually get screwed by their listing agent who spoons the sale to their own buyer. A buyer for an off-market sale is typically found from pre-marketing done by the listing agent prior to...
Pocket Listings & Open Sales Data
Once lawsuits start flying over pocket listings (which limit exposure, and thus selling price), the practice should end quickly. Agents don't think there is anything wrong with them because they see so many other realtors doing it - heck, there are websites devoted...
Realtor Truth-Bending
We've seen rampant refreshing of listings this year, which is just one of the various ways that realtors toy with transparency. Another has been the resistance to realtor-rating websites. Attempts that ran into trouble: NeighborCity, which still has anti-trust...