The first third of this video is a tour of great-looking oceanfront house in Leucadia - and the rest is two old guys discussing the current market:
Neptune Oceanfront
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Realtors Talking Shop
Asians and American Real Estate
A panel discussion about Asians buying real estate in America:
Realtor Rating System
Consumers love to rate the products they’ve bought, the movies they’ve watched, the restaurants they’ve eaten in, even the doctors they’ve visited. The National Association of Realtors is testing a program that allows homebuyers and sellers to review the real estate...
Open House Report 2
The open house extravanganza concluded today with a monster turnout - at least 110 people attended, including 18 realtors who were showing their clients - we're up to eight offers, all of which are over list price. Here we are discussing this house, and the market in...
Traditional Realtors And The 6%
Bloomberg has an article on the traditional real-estate-agent model, and the upstarts trying to change it. http://www.businessweek.com/articles/2013-03-07/why-redfin-zillow-and-trulia-havent-killed-off-real-estate-brokers#p1 Why has the traditional-agent model been so...
Realtor Talk
Hat tip to WC for sending in this realtor story - here are excerpts: “I’ve never done an open house. I don’t need to. Those are for agents who don’t know how to get business on their own. I have a large sphere of influence. I’m an extrovert. When I walk into a room, I...
More on Berky
Sent in from a reader: Ah, but there is one thing a company like Berkshire Hathaway can do if it develops dominance in the market. It can decide not to participate in the MLS by setting up its own in-house version. Suppose it can get more than half the listings for...
What Berky Could Do
Berkshire Hathaway HomeServices - or any other "premium franchise brand" - could change the game of real estate....but they won't. Why? Because the existing model is very profitable, and there is no threat from outside. An example of how the existing model works: A...
Berky’s RE = Status Quo
Berkshire Hathaway has partnered with Brookfield to create Berkshire Hathaway HomeServices, a "new premium franchise brand", according to their blog's announcement. They and others are claiming that it will be a real game-changer, with Prudential California Realty's...
Realtor Survey
A new survey of realtors was released today (see below). Here are my answers: 1. Is Now a Good Time to Buy or Sell in Your Area? A. It is a great time to sell, as long as you can live with today's prices. Sure, potential sellers can believe that it's better to wait...
