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...
Thanks to the N.A.R. revision of the Clear Cooperation Policy, there are now FOUR ways a home can be marketed to buyers: Private Exclusive - Within the brokerage only. My buyers can be auto-notified. Compass Coming Soon - Listings on the brokerage/agent websites only....
The National Association of Realtors published their support of the Clear Cooperation Policy yesterday, and added a change they called Delayed Marketing Exempt Listings. As usual, they are trying to make everyone happy, resulting in nobody being happy. They can't even...
Everyone talks badly about Robert Reffkin/Compass and our stand against the CCP. It's because the industry is so sensitive about the thought of agents hoarding their listings off-market to sell them to their own buyers or to buyers represented by other in-house...
The last debacle by Ketchmark cost Compass $52 million - there is no way that we will keep putting ourselves at risk of more lawsuits. It's why Robert Reffkin has been so adamant about disolving the Clear Cooperation Policy, even though he doesn't state it often...
It's a hot topic among real estate agents, but how widespread are the off-market sales? We saw that in the last blog post that 155 NSDCC homes that have gone pending this year have already closed escrow. But let's back it up to get a bigger sample and look at all of...
Robert Reffkin has heard enough and wants to address the rumors: Many of you have heard things like “Compass is trying to sell listings off-market,” and “Compass is trying to double end deals.” These misconceptions are intentionally designed to create fear in the...
I love that Robert Reffkin is becoming the industry spokesman - what he says is mostly accurate and informative. For the record, yesterday we had Natalie film my next video before I saw the boss talking about 2025 inventory:
I was in Orange County yesterday and saw this in a local publication: The off-market craze is just getting started. We've already been hearing the hucksters at open houses who lead with their only pitch: "I operate in the off-market space." "Does your agent offer you...
The off-market sales are an attractive option for big shots like John above who prefer to protect their privacy, blah, blah. What about the regular folk? Is there a bulk of sales happening off-market? How many off-market sales are there in the general marketplace?...
