Comedy by an actual Corcoran realtor but it's pretty real - real like the Padres! https://therealdeal.com/2019/04/12/watch-heres-the-shit-nyc-real-estate-agents-really-say/
Realtor
Realtor Class-Action Lawsuit 2
A few readers have sent in articles regarding the class-action lawsuit filed about commissions - an excerpt: A class-action lawsuit is seeking to upend the way homes are listed for sale and the commissions paid to agents. The goal, say the plaintiffs, is to make home...
The Big Dumb-Down
While the old tradition of broker cooperation via the MLS is slowly eroding, there is an opening for others to intrude. Two quotes seen this week in different articles: Founder and CEO Rich Barton said in a radio interview on April 1st that he sees Zillow Offers as...
Private Listing Clubs – Facebook
To further examine the off-market phenomenon, here are the first few entries snipped today from Facebook realtor groups: I don't fault the listing agents - this is realtor marketing in 2019, and everyone is doing it so it must be ok. Agents who represent...
Lock Up
Yesterday, I whipped into the City of Carlsbad maintenance yard where they have all the realtor open-house signs locked up. They have been diligent in their enforcement efforts! When the city first threatened to do something, we realtors didn't take it seriously and...
Price Reductions Already
The percentages are quite a bit higher this year. The title of the graph could be 'Sellers Who Are Having No Showings' because most are (overly) optimistic this early in the selling season and hold tight on price until later. Something must be rattling them - like no...
Real Estate Class Action Lawsuit
While we're on how NAR and others have failed us, let's mention the latest class-action lawsuit: [button...
Compass Search Portal
The real estate industry has never felt the need to create a powerful search portal in response to Zillow. There should have been an industry-wide effort to create a realtor-centric website to support our business, but NAR and others just shrugged it off. Traditional...
Coming Tomorrow
One of the problems with Coming Soon is the vague timing. It's is more like Coming Soon/Some Day/Maybe/Who Knows. It's frustrating for buyers because they've been trained to want to see the hot new listings immediately before somebody else beats them to it....
Zillow Strategy
It's out in the open now - Zillow intends to change the game. An excerpt from an interview with Rich Barton where he admits Zillow used agents to get big, and is now deciding how to use that power: An excerpt from I-News: Barton also indicated there could be major...