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Realtor Training
Realtor Pay
This week, the Wall Street Journal ran a story entitled, 'How Should Realtors Get Paid'. The author is a general freelance writer who describes herself as 'a versatile writer with experience covering a wide range of topics. As a freelancer I contribute regularly to...
Zinnovations
People say there will always be a need for a realtor, but consumers may adapt to new methods: JG: How is Zillow addressing these different aspects of the consumer journey? ES: The problem that we are spending a bunch of time on right now is how do you fix the...
Wire Fraud
Written by Richard Hopen from COMPASS Short Hills NJ: When my wife and I sold our house in 2017, our $239,000 mortgage payoff was stolen. The money was never recovered. We were victims of real estate wire fraud. I’m not only a victim, I’m also a real estate agent and...
Online Home Auctions
I had a good conversation this week with the people at Doorsey, and they are well on their way to providing a sharp and effective online home auction platform that could change how homes are sold. If/when Zillow buys them and provides online auctions nationwide,...
Publicizing The Listing Agent
The old rule was that any agent could advertise any MLS listing via the IDX, as long as the listing agent's name and brokerage was displayed. But now you have to include their contact information too. He sounds confident because this is clearly a shot at Zillow but...
Good-Faith Deposit
It is a very rare occurrence where a buyer wants to cancel the sale after releasing all contingencies because they know they could potentially lose their deposit. Would they give up a five-figure or six-figure deposit easily, or fight it out with the seller? If they...
Compass #1 in San Diego County
In less than 4 years, Compass has become the dominant residential-resale brokerage in San Diego County, and it's not close. Even if you added the two CBs together, their market share is less than half of ours. It's been the aggressive recruiting of top agents that...
The Typical Bidding War
Here's a great snapshot of how the vast majority of listing agents handle multiple offers. They just grab one, and kiss off the rest - which isn't good for the sellers, it's not good for the losing buyers who might have made a better offer if there was a...
CCP and The Future
Two years ago, the National Association of Realtors began the Clear Cooperation Policy, a directive that compels agents to submit their listings to the MLS within one business day after any public marketing. It was an attempt to quell off-market sales, but Glenn says...
