David from Louisiana sent this in: Jim, I just watched your first attempt at the auction and must say that you did a fine job as the auctioneer. I have been a real estate auctioneer/realtor for 30+ years and have often recommended an auction to fellow realtors in high...
Realtor
Ethics Violation
For the first time ever, I'm going to file a complaint against another realtor. In this case, the listing agent discounted her commission so her buyer would win, even though my all-cash buyer had a higher offer. It is in the vaunted Realtor Code of Ethics that any...
Zillow Dominance
It is Zillow and their high-spending agents vs. everyone else now. http://www.investors.com/research/the-new-america/zillow-starts-bidding-war-for-prime-real-estate-between-agents/ Zillow has a strategy to help accelerate the real estate industry's evolution to the...
Another Disrupter
These new-fangled real estate start-ups are popping up like weeds now, and these guys are pushing alternative facts to justify their 6% program. Who takes 15 to 35 percent of the sales price? If they sell a house above the list price, they take 10% of that too?...
Screaming Towards Single Agency
Zillow and our local MLS provider Sandicor reached the Great Impasse a year or two ago when they couldn't agree on terms under which Sandicor would keep feeding our listings automatically to Zillow. Agents complain all the time about Zillow's inaccuracy, but...
Realtors and Robots
By now we have all heard how robots will be supplanting humans and taking everyone's job in the near future. What about realtors? Rich Barton had thoughts on the topic this week: NEW YORK — Robots may be taking over the world. But they won’t eliminate real estate...
Pre-Marketing
A client who anticipates moving here from out-of-state had their realtor tell them that the timeline to sell their house is about 2-3 weeks from pre-marketing to offers. This is a very unpredictable business, but I'll let the specific '2-3 weeks' prediction go....
Disturbing Realtor Stories
Want to know what it's like being a realtor? There's more to it than just driving around! Walking in on people having sex, or discovering a body is part of life. But if you want to get a feel for some of the sickos out there, click on the link below!...
Property Descriptions
The MLS remarks are a personal pet peeve, but touchy. I once had sellers object to what I thought was a more-crafty description, and they insisted that it sounded more like the rest. I'm glad the author included 'boasts' - see link at bottom: When listing your home...
We Need Another Movie
In the film, Giorgio is pursuing how housing became the critical component of the middle class. The racial injustice is real - agents will tell you that we still see it regularly in the C.C&Rs of older neighborhoods that blacks were forbidden to own there....