Buyers aren't crazy about signing a three-month contract just to see homes for sale - and neither are the buyer-agents. Every problem with home sales will get solved by cutting out the buyer-agent, even though it's bad for buyers....
https://www.nar.realtor/magazine/real-estate-news/nar-ceo-nykia-wright-meets-with-house-speaker-mike-johnson-congressional-leaders We are in Dallas for two days only and we'll be back home tonight. We came to the inaugural Summit Event here last year and it was jammed...
Here's the full story so far but you know what triggered this move. Warren has to be as madder than Reffkin over the arbitrary penalties from the NAR, and their vig was 5x what Compass had to pay: What will be the impact locally? Combining the #1 and #2 brokerages...
The Compass CEO, Robert Reffkin, is a vocal opponent of the Clear Cooperation Policy. Those in the business call him names and say his only motivation for opposing the CCP is to promote in-house sales. The point that gets trampled over is that consumers and agents...
Fellow realtor Paul left this comment earlier: Thank you Paul! Why don't realtors adopt the full-transparency idea? Since the beginning of time, there has been an old wife's tale that agents can't divulge anything about the offers they've received. It's a bunch of...
The Future of Real Estate Belongs to Compass With a strong foundation built on agent expertise, innovative technology, and a customer-first approach, Compass is well-positioned to overtake Zillow as the most influential real estate platform. As Zillow continues to...
This guy suggests that the listing agent should skip the highest-and-best round, and instead, select the offer written by the buyer-agent that they think is most likely to close the deal - after trying to bump them another $5,000 or $10,000. I like to do the...
As of August 17th, home sellers are not required to pay the buyer-agent's commission. Listing agents are forbidden from mentioning any compensation being offered to the buyer-agents in the active listings, but the CRMLS requires that the amount that was paid is posted...
A reader asked about my thoughts on becoming a realtor today - my response: I'll start with the basics to see what you think. Being a real estate licensee is one thing. Being a successful salesperson is something different, and what I'll address here. Sales has its...
