It's one thing to talk about whether Prop 5 will make a difference, because it's very speculative - we won't really know unless it passes. Will it pass? The powers that be are pushing their agenda on either side, but I doubt there are voters sitting on the edge of...
Realtor
Prop 5 – Who Needs It?
As election day nears, let's take a look at Prop 5, sponsored by the California Association of Realtors - who is encouraging agents to help get the vote out. I've been skeptical that, if passed, Prop 5 would bring many more long-time owners to market. The benefit...
Realtor Films
This is getting carried away now - hat tip daytrip:
Robotic Real Estate
Below is the evidence put forth by a Bay Area realtor to show two things: Redfin home-value estimates are tied to the list price, and their estimates are increased as they gauge the traffic. Buyers are assuming the Redfin estimates to be accurate, and rely on them...
Pocket Results
When the bluff-top mansion at the end of Malibu’s Sweetwater Mesa Road sold for more than $30 million in 2016, it looked like the end of a years-long intrigue involving the playboy son of the president of an oil-rich African nation. Instead, the sale and a quick flip...
$400 Million x 2
The most fascinating thing about working for Compass is how many people ask about Compass (especially other agents). I signed up primarily for the future potential, and where big money might lead us. We got another sense of how big yesterday: Compass, a...
JtR Expands the Market Area
Our local associations of realtors are done suing each other, and as of today, those of us in the NSDCAR are officially using the nearly-statewide CRMLS. We are going to share the other local option, SDMLS, for the next two years so consumers probably won't notice...
Risky Off-Market Scenarios
This is how the industry enforces the rules - run an article like this every once in a while that gives tips how to CYA. We do have a form that absolves agents from wrong-doing, which just begs agents to ignore the rules: From N.A.R. If you or your client is...
Open Chaos
Opendoor, the ibuyer who purchases your home for cash and closes escrow at your leisure (as long as you don't mind paying their 6% to 13% fees plus home repairs) has made a deal to acquire a discount brokerage: Opendoor announced Tuesday morning that it has...
The Real Estate Business, 2018
People are wondering where real-estate-selling business will go. The Uber Real Estate yesterday proved to be fake news - they aren't affiliated with the real Uber - but they did follow a familiar theme; bashing the traditional realtor model. Virtually every disrupter...