The new C.A.R. forms for 2020 are available, and the most interesting is the MLS-exclusion form in light of the NAR Clear Cooperation policy that begins on May 1st. Last year I asked the C.A.R. lead attorney about their stand on Coming-Soon and off-market listings,...
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...
We are heading into the off-season, and more listings will be expiring. Here's how the listing contract works:
Thanks to the readers who sent in the news about Amazon and Realogy teaming up to provide a basket of goodies to customers who get their agent through their TurnKey system: Real-estate brokerage giant Realogy Holdings Corp. launched a new partnership with Amazon.com...
I don't know if they surveyed actual home sellers, but if these stats demonstrate the current sentiment, it shows how critical it is to list a home at 'market price' vs. 'dream price'. An excerpt from this HW article: You’ve listed your home for sale, and no one is...
I haven't seen an article yet where the reporter gets the other side of the story, so I'll address these fallacies below at green paragraphs. Hat tip to all who have sent in this story! Why should a home seller have to pay for the buyer’s side of the transaction,...
Realtors are fighting the idea of open bids? Agents prefer no rules: Ontario real estate agents are lobbying the province against the mandatory disclosure of offers among competing home buyers in transactions involving multiple bids. The Ontario Real Estate...
Today, Ryan Gorman, the CEO of NRT which owns Realogy (Coldwell Banker, Century 21, Corcoran, etc.) took a major shot at Compass. He released this two-page 'questionnaire' for his agents to use when interviewing with Compass, but he sure comes off as desperate and...
Yesterday we heard from Gov Hutchinson, the assistant general counsel for the California Association of Realtors. He travels around the state to inform realtors of the basic changes to forms, and helps define other aspects of the business - here's a summary of what...
Things that blow out deals are usually avoidable, and are easy to identify in hindsight. In this case, the agent let the buyers pick a roofer out of the book, which is a terrible way to do business. He gets paid the same whether he blows the deal or not, so of course...
