Zillow is scheduled to start their ban this week, but this lawsuit should pause everything. Wouldn't it make sense for the DOJ to step in and voice their opinion right about now to help guide us to the eventual conclusion? Or will they continue to stand by and just...
Bill is showing a 9.4% decrease in SD May sales, year-over-year. But around the north coastal area, sales have been holding up. The NSDCC sales in May were +7% YoY, and for the first five months, it's +6%! We can live with those! The number of off-market sales (which...
April is usually a contender for best statistical month of the year. In 2023, April lost out to May for the highest percentage of sales that closed over the list price, and last year's early start had March be the year's winner in the category - with April in a close...
Zillow released a statement over the weekend to clarify their ban on listings. As you can see above, the list of exclusions to their new policy is long and lengthy, and it makes you wonder what's left? Most importantly, what or who is so disruptive outside of this...
Robert Reffkin was in San Diego yesterday to talk Compass. He will be visting all the Compass regional offices to assure agents that we are on the right track. We're on the right track. Private Exclusives are permitted in the Clear Cooperation Policy. Nobody disputes...
Everyone will be picking sides now! Dear Jim, This week Zillow Executive Errol Samuelson announced that homes not listed on the MLS within 24 hours of public marketing—won't be published on Zillow "for the life of the listing." Simply put, if your listing is not on...
Yesterday, reader Jim repeated the common belief about the Compass 3-Phase Marketing Plan: Compass isn’t going this route to protect sellers - they are trying to increase their dual agency transactions which will lead to more profits for a publicly traded company. In...
Yesterday, Zillow released a statement....an excerpt: Our standards are straightforward: If a listing is marketed directly to consumers without being listed on the MLS and made widely available where buyers search for homes, it will not be published on Zillow. These...
Let's talk more about my two favorite topics this week: Be Bold and Forge Ahead, in spite of the distractions. Off-market sales. If you are a potential home buyer or seller who is chuckling to yourself about my lame attempt to instill some hope into the marketplace,...
https://www.nar.realtor/magazine/real-estate-news/nar-ceo-nykia-wright-meets-with-house-speaker-mike-johnson-congressional-leaders We are in Dallas for two days only and we'll be back home tonight. We came to the inaugural Summit Event here last year and it was jammed...
