More agents reacting to the current MLS situation, which is bleak: Is the Realtor-run property listing service in California obsolete? Several brokers, agents and “multiple listing service” operators expressed concern during a panel discussion Wednesday that...
We have convinced the public that buying and selling 'off-market' properties is sexy and cool, and the high-end agents in Los Angeles took it a step further to create a website to share listings privately. The PLS.com has 476 listings so far! I'd expect some quirky...
The basic premise that drives the real-estate-selling industry is that agents 'cooperate' with each other, which is code for 'I'll share my listings with you, and you share your listings with me'. We have a written agreement, and subscribe to the strict code of...
There was a snafu in the rush to sign the tax reform bill: "The Senate parliamentarian determined two minor provisions do not have budgetary impacts and had to be removed from the bill," the representative told Business Insider. "The Senate will still vote tonight,...
As long as the House and Senate can agree, it appears that the tax reform bill will include the existing tax incentives for home buyers (M.I.D. and property-tax deduction up to $10,000). The N.A.R. and C.A.R. aren't happy though, and are still fighting the fight....
Let's just quit N.A.R. and the rest of the bureaucracy and join together as a network of agents who share listings among ourselves! Hat tip to daytrip for sending this in: LINK For many high-priced and desirable properties, especially in metros such as LA, the sales...
In spite of his cheesy style and odds stacked heavily against him, Greg is still pushing for his realtor-owned search portal to take over the internet. He is shooting for $1,100,000 in donations to make it happen, and so far he's generated $241,000 - more than I...
Two things never discussed about off-market sales: 1) Every agent signed an agreement to share their listings with other agents. 2) Nobody reads the forms before signing. http://www.berkeleyside.com/2017/09/26/sell-east-bay-home-off-market-probably-not-exceptions/...
The realtor industry has given a huge head start to Zillow and the others, so it would take a herculean effort to build a new/better portal to squash them. Here is what Greg has said about the features to expect on his realtor portal: * A "secret sauce" differentiator...
On Your Last Transaction...... The percentage of properties selling below asking price remained flat from last year at 36%. The percentage of properties selling above asking price increased from 34% last year to 35%. The percentage of properties selling at asking...
