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...
Realtor
More on Pocket Listings
For those who 'specialize in the off-market space', here's a new excuse to justify your unethical and probably illegal practices: "some buyers don’t want photos of the home they’re purchasing on the internet"....
When Your Broker Poos in Your Closet
Kayla sent in this old New York real estate story (agent still in the business): We knew the NYC real estate market was crazy, but we didn't realize it was Satanic ritual crazy! Upset "Manhattan millionaire" Daniel Farash tells the Post that he listed his Upper West...
Realtor Films
Here's a homebuyer story that also gives a little-known but important tip on how self-employed people can qualify for a mortgage (Freddie Mac only requires a single tax return to qualify). It combines a Zillow-like personal story with some education too - NAR...
Virtual Real Estate
Hat tip to Rick for sending in this incredible VR - I need to broker these! Investors are spending real money to buy land in a new city that only exists in virtual reality. Buyers can build whatever they want on their plots in Decentraland. Many hope to make a profit...
New Ads from N.A.R.
The National Association of Realtors (who smartly reeled back their launch of a $250,000 new-logo-that-looked-like-the-old-logo campaign), is running new ads in 'a limited campaign targeting millennials'. Here are samples - I'll wait over here by the phone for those...
Sunday’s Open House Report
A quieter Sunday at the open house - about half the people as the crowd on Saturday, which makes you think that the internet advertising is what brings them and they are happy to wait until the first open house:
“The business model is flawed”
They charge even less in America, and you need good help to handle the load: "Broke" real estate agents are quitting British disrupter Purplebricks in droves as the fixed-fee agency's low-margin, high-turnover business struggles to achieve enough sales amid a slowing...
Kayla and Manhattan RE
Selling homes in Manhattan is competitive, even without a central MLS run by the realtor board. Once an agent uploads a listing onto their company system, it gets distributed immediately to the regular portals StreetEasy (owned by Zillow), realtor.com, etc. where...
Broker Office of the Future
In 1991, the National Association of Realtors produced this video on the future of real estate sales - hat tip daytrip!