The FTC and DOJ conducted a workshop this week about the competitiveness in real estate. There hasn't been much press coverage, but Rob has summed up the bulk of it here: [button link="http://www.notorious-rob.com/2018/06/brief-reflections-on-the-doj-ftc-panel/"...
Last week I mentioned the problems with agents selling houses before inputting their listing onto the MLS (link here). Agents are so accustomed to doing it that there isn't much hope it will change, at least not until an outsider puts an end to it (district attorney...
We won't police ourselves, so..... Hat tip to SM for sending this in: Jerry Del Mauro hoped...
The selling of listings prior to MLS input has happened since the beginning, but in the era of inventory desperation, we're now seeing companies openly advertising 'previews' of their listings before they put them on the MLS. Before long, the MLS will just become the...
This website is devoted to real estate photos, with clever captions added: http://terriblerealestateagentphotos.com/
What never gets mentioned is that every realtor has signed an agreement to share their listings with one another. This is how realtors are destroying the industry from within - because we foster the illusion of having a cooperative MLS but are happy to deprive our...
Hat tip to Rob Dawg for sending in the latest sighting of the guy who was the face of the mortgage crisis. Here are two links that outline his story: [button...
The N.A.R. rolled out a new logo a couple of weeks ago, and the response from agents was so bad they rescinded it. Undaunted, the California Association of Realtors did the same thing today (above), but at least they didn't reveal the cost (N.A.R. blew $250,000). They...
The real estate business has been too easy the last few years, and it appears a tougher market is coming, which will help weed out the agents. Unfortunately, downturns don't discriminate - a slower market will cause the retirements of realtors young and old, of...
Our contracts are ten pages of legalese designed specifically to protect realtors from lawsuits. Would the outcome have been different if the plaintiff sued his own agent too? From the OCR: A Coldwell Banker real estate agent at the center of a dispute that went to...
