It's inevitable that the amount of the commission paid by the seller to the buyer-agent will be made public. Because the existing rules forbid the MLS companies from disclosing the commission amount to the public, it sounds like the consumer is being wronged. The...
Realtors Talking Shop
Private Listing Clubs
I participated in the PLS webinar recently: We're excited to be hosting our first ever ZOOM meetup with James Harris (Million Dollar Listing Los Angeles & Founding Partner, ThePLS.com). We'll be discussing Los Angeles real estate market trends for Q2 (and beyond)...
The End Is Near
Brokerages are finding new ways to convince sellers to do in-house deals - an excerpt: According to Charles Williams, CEO of Buyside, “the software we supply to Metro Brokers unlocks the power of their buyer data for agents so they can win more listings, become more...
Class-Action Lawsuit vs. Realtors
I haven't seen an article yet where the reporter gets the other side of the story, so I'll address these fallacies below at green paragraphs. Hat tip to all who have sent in this story! Why should a home seller have to pay for the buyer’s side of the transaction,...
Carlsbad/Olivenhain
The camera was rolling today - here are a couple of short home tours with commentary along the way: We lost a pillar of our industry this week when Mike Evans, broker/owner of Sea Coast Exclusive Properties passed away. He began his brokerage in 1985, and it grew...
Industry Titans in San Diego
Well I was probably wrong on Sunday about the Robert Reffkin appearance meaning something else. I didn't realize that there was a big conference scheduled for today at the Loews Coronado Bay Resort. It wasn't a realtor conference; instead it was the industry titans...
Sexy Realtor Video?
Here's a steamy new real estate video that isn't as sexy as the previous ones we've seen, yet the reaction was so strong that the brokerage took it down and cancelled the open house. The big complaint was that the woman featured wasn't the woman in the photo, but the...
Open Bidding
Realtors are fighting the idea of open bids? Agents prefer no rules: Ontario real estate agents are lobbying the province against the mandatory disclosure of offers among competing home buyers in transactions involving multiple bids. The Ontario Real Estate...
Price Reductions Already
The percentages are quite a bit higher this year. The title of the graph could be 'Sellers Who Are Having No Showings' because most are (overly) optimistic this early in the selling season and hold tight on price until later. Something must be rattling them - like no...
Know the Inventory
Here's a good example of what makes us old-school agents good at our job - we know the inventory. Seeing the new listings every week enables us to recognize the features/nuances of each home and how they compare to other active, pending, and sold listings. It...