The recent N.A.R-commissioned DangerReport surveyed thousands throughout the industry, and found that the #1 threat to agents was.......fellow agents. In particular, the inexperienced and incompetent agents that threaten the credibility of others, and the industry as...
Realtor Training
Realtor Transparency
I am a fan of transparency. The two best attempts of creating an agent-ranking website got shot down by realtors themselves. But outside entrepreneurs keep plugging away, and one of them could find the right mix and hit the jackpot some day. One website called...
More Realtor Photos
Here are 26 more realtor photos - hat tip Chris: http://boredomtherapy.com/terrible-real-estate-agent-photos/
1031 Exchange
I appreciate the analytical, business-like aspect of the 1031 exchange, and try to do a couple every year just to keep my chops up. I'd love to do more exchanges because sellers of investment properties have to re-invest to avoid capital-gain taxes. But it's rare...
Home Inspections 2
Some buyers get moving too fast and blow out, and others make offers willy-nilly and cancel for little or no reason. Those happen - but the deals that cancel because of repairs can almost always be saved in the moment if the buyer's agent says the right things, the...
Shop Talk
I took in a good portion of the big realtor conference this morning via livestream. They had some big hitters on stage too. Rupert Murdoch delivered a 7-minute speech, and did some Q&A. He comes off as a proper gentleman, and he's a good speaker for a guy who is...
New Purchase Contract
The C.A.R does make some minor changes every year to our purchase contract, but according to Gov Hutchinson, the lead attorney for C.A.R., they haven't made any wholesale changes in 12 years. Gov was in town yesterday to review the latest version. Here are my notes:...
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...
Disrupting the Real Estate Industry
In the youtube video below, Galen lays out what it obvious to most - that disruption among big and small brokerages is underway. For years now, agents have set up their own office within an office, by calling themselves the (insert name) Team, or (insert name) Group....