One sign isn't going to change the world, but it's an example of how home sales will be changing in the future. If/when homes are sold in-house (not exposed to outside brokers and buyers) like commercial properties, Compass should extend its dominance in San Diego...
The National Association of Realtors is attempting to regulate a change in the Coming Soon environment - see above. The way it is written, however, will just take us back to the days when off-market deals were done behind closed doors because they are permitting the...
Be careful with those Redfin estimates - they are tied to the list prices. The snip above was taken on January 15th, and the one below was taken last night. It's hard to believe the actual value went up 12% in 48 hours: Should they have the ability to revise their...
This is the fourth installment of my essay on the future of real estate sales. I'll send this along to Brad Inman, who is gathering thoughts for a leadership conference at the end of March, so they have my perspective from the street. In summary: The unconscious...
When I first started this blog on a Saturday morning in September, 2005, I thought I needed to hurry up before every agent was blogging. Wouldn't this be a great vehicle to educate consumers and demonstrate our expertise? Certainly, every agent will be doing it!...
Redfin publishes their commission rate on their website, and it makes sense. All brokerages should make it easier for the consumer to evaluate the choices. Here are my commission plans for home sellers: Full Service - Expert (2% to 2.5%) I handle all of the critical...
Typically, if you want to know what a realtor does to sell your house, you have them over to make a listing presentation in person. Because of antitrust laws that 'promote fair competition for the benefit of consumers', the commission rates charged by realtors are...
