The Future of Real Estate Belongs to Compass With a strong foundation built on agent expertise, innovative technology, and a customer-first approach, Compass is well-positioned to overtake Zillow as the most influential real estate platform. As Zillow continues to...
Realtor
New Real Estate Rules
Every year, there are new laws/rules plus other changes that realtors need to know. Yesterday was the annual review by Gov Hutchinson, the assistant general counsel for the California Association of Realtors. Gov has been with C.A.R. since 1985 and manages C.A.R.'s...
Buyer-Agent Commissions, Nov
As of August 17th, home sellers are not required to pay the buyer-agent's commission. Listing agents are forbidden from mentioning any compensation being offered to the buyer-agents in the active listings, but the CRMLS requires that the amount that was paid is posted...
Outrageous NAR Perks
This guy fleeced realtors for years, then quit right when the trouble started: When he became the chief executive of the National Association of Realtors seven years ago, Bob Goldberg negotiated a package of gold-plated perks. N.A.R., the largest trade organization in...
Becoming A Realtor Today
A reader asked about my thoughts on becoming a realtor today - my response: I'll start with the basics to see what you think. Being a real estate licensee is one thing. Being a successful salesperson is something different, and what I'll address here. Sales has its...
Realtor News
The NAR Settlement has not been approved yet, but according to the DRE Commissioner, the State of California isn't waiting around - they have already passed a new law! They also noted that 20% of the salespersons did not renew their license last year, so we hopefully...
No Change to the CCP
The Clear Cooperation Policy isn't going anywhere, at least not for now: The MLS Technology and Emerging Issues Advisory Board opted not to make a recommendation about CCP or take any other action. But they did turn over the feedback they received to the NAR...
How To Sell A Home
Reader Jim G. made a couple of friendly comments on how Compass is handling our objection to the Clear Cooperation Policy. It followed what a big-mouth in L.A. said this week when he called the Compass explanation, 'disingenuous'. We're all struggling to describe the...

Off-Market Armageddon
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...
Robert In Town
Robert the big boss was in town yesterday. He is committed to changing or ending the Clear Cooperation Policy, which is a controversial stance. The CCP makes in mandatory that every agent upload a listing onto the MLS within one business day after any public marketing...