I have mentioned repeatedly that the buyer-agent is a dead man walking. All forces within the industry are combining to push the buyer-agent out of the equation, and home buyers will be worse off because they will only have faux representation when buying directly...
Realtor
NAR Should Dissolve
This is for the realtors out there. First we learned that the CEO of the San Diego Association of Realtors embezzled $1,000,000+, and now we hear that the National Association of Realtors is full of scumbags. The NY Times ran a story over the weekend that accused the...
More On SDAR CEO
The grifting at the San Diego Association of Realtors continues to unwind, and as a result, I have switched back to being a member at the North San Diego County Association of Realtors. Rob wrote a blog post about the original swindler, Mike Mercurio, who embezzled...
“Price It Right”
I hate when realtors say, "Price it right". It makes it sound like we know something you don't - that our price is the right price. Realistically, you can only say you priced it right if a house sells during its first week on the market. The frenzy made every listing...
NSDCC June + July Sales
It's good to see that last month had more sales (159 vs 147) than in June - which also had two more business days! Let's combine the two months to soften the July drop median sales price and compare to previous years. The plunge in sales has to be discouraging to...
SDAR Embezzlement
Lovely......why isn't he in jail? Collecting hundreds of thousands of dollars in unearned vacation pay, and tens of thousands in purchases on association credit cards which were then posted on eBay and deposited into a personal bank account; these are only a few...
Barbie-Themed Real Estate Video
A fellow Compass agent got creative with her latest home video:
More Buyer Love Letters Please!
Another phrase you regularly see in the MLS descriptions is, "NO BUYER LOVE LETTERS". What is the underlying meaning? Listing agents are perfectly capable of discriminating on their own, and they don't need your help. As long as the buyers' names are on the contract,...
‘Reviewing Offers As Received’
It is common to see the same words or phrases in the MLS descriptions. A few years ago, the fancy new buzz word was 'boasts'; a word realtors would use to describe the home's best features. The word got overused, and eventually we would read that a home "boasts three...
MLS Confidential Remarks
Here are comments left by listing agents in the MLS confidential remarks over the last month - some are scoldings! No Showings until Open House, Then use showing time. Seller will only show WED/ SAT MUST USE SHOWING TIME!!! Must have a Pre qual To Enter Per seller...