They wait until the week that the trial starts? She should have said 'regularly defraud MORE clients'. The National Association of Realtors laid out a doomsday scenario for the industry in the case home sellers prevail in two landmark antitrust cases. The group warned...
Realtors Talking Shop
More MLS Remarks
PLEASE DO NOT CONTACT ME FOR OPEN HOUSES. Title and Escrow to be seller's choice. Deposit to be in escrow within 48 hours of acceptance and seller has the right to cancel without providing a notice to perform, if the deposit isn't received by escrow within 48hrs. **NO...
Buyer-Agent’s Commission and Steering
I have mentioned repeatedly that the buyer-agent is a dead man walking. All forces within the industry are combining to push the buyer-agent out of the equation, and home buyers will be worse off because they will only have faux representation when buying directly...
SoCal Report
I'm on track this year to beat my production volume of 2022! From TRD: During the pandemic, home sales boomed on a foundation of low-lying interest rates. Now real estate professionals are seeing the slowest market in 35 years. With mortgage rates higher than 7...
NAR Should Dissolve
This is for the realtors out there. First we learned that the CEO of the San Diego Association of Realtors embezzled $1,000,000+, and now we hear that the National Association of Realtors is full of scumbags. The NY Times ran a story over the weekend that accused the...
MLS Confidential Remarks
Here are comments left by listing agents in the MLS confidential remarks over the last month - some are scoldings! No Showings until Open House, Then use showing time. Seller will only show WED/ SAT MUST USE SHOWING TIME!!! Must have a Pre qual To Enter Per seller...
More Behind the Scenes
I like to promote my listings at the local broker meetings, just in case someone might have a buyer. It would be really beneficial if the big agents attended these meetings and participate like they do in La Jolla - the camaraderie alone is worth it. Then the open...
Appraisal Gap
Hat tip to our seller who noticed a new paragraph in the counter-offers this year that went undetected by everyone I know - and we go to the Forms Update every year to hear about changes! Paragraph 1C in the counter-offer identifies the Appraisal Gap: When we first...
Assigning the Contract
Agents are supposed to maintain a good working knowledge of the purchase contract, and every year we go to the C.A.R. review to keep up with the changes. But I don't remember discussing this paragraph that was added in 2021, and expanded in the most recent version of...
Changing How Homes Are Sold
Between the lawsuits that will decouple commissions and homes.com that funnels all inquiries back to the listing agent, the buyer-agents are cooked. It's just a matter of time. Hat tip to RE News - an excerpt: Florance also detailed his vision for Homes.com, which he...