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...
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...
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...
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...
From NAR's Realtor Magazine: It’s widely agreed that foreclosures and REO properties devastate nearby home values and impede the housing recovery. But we don’t hear similar complaints about short sales. How do the two categories compare where housing prices and a...
This long-time local broker is fed up with the 3rd-party real estate websites using our listings to make money. It must be big money too, because there are now over 900 websites that advertise properties. These websites (Zillow, Trulia, Realtor.com, etc.) are selling...
More from Larry, Moe and Curly about selling real estate around NSDCC:
I ran into two of my favorite realtors today, and they were willing to seize the moment. We turned on the camera and talked about real estate, based on our cumulative 72 years experience!
