We've covered the ways that buyers and buyer-agents are getting battered by listing agents. Making homes tough to show, no transparency about offers and bidding-war process (if any), below-market commissions, sandbagging listings in-house for days or weeks before...
Won't somebody just produce an all-encompassing (pardon the pun) website to facilitate homes sales? There is a new disruptor every month with their unique solution, and it's ALWAYS born out of their frustration with buying a home recently so they are happy to bash...
I spoke to a few agents on the broker preview yesterday about business this year, and the common theme was that agents are have big trouble finding people who want to sell their home. It suggests that the inventory of quality homes will be extremely low this year....
I don't think anyone in the realtor industry recognizes the harm being done to the consumers by squeezing out the buyer-agents. The good ones offer a valuable service by assisting homebuyers with the complexities of purchasing a home; a challenge that is tougher than...
KCM is a fine group of people who supply realtors with content for them to publish in their newsletters, social media, etc. They provide an invaluable service for the agents who'd rather just pay for content than create it themselves. It tends to be a softer version...
As you may know, there are multiple lawsuits pending that accuse realtors of price fixing, and it ain't looking good for us. Here is evidence provided in court - thanks Rob: The Franchisor Defendants provided training to brokers which directed them to offer a 6%...
The #1 reason that the real estate market has been in the doldrums over the last few months is because of the inept response from realtors on how to handle it. There hasn't been ANY real guidance or advice coming from NAR and other industry leaders on what to do,...
Of course the current conditions look worse when comparing to the hottest real estate market ever. Having bidding wars on 21% of homes for sale sounds great to me. The discouraging part about Bill's post today is how the realtors have bought into the negativity. This...
The local market conditions appear to be getting worse every day, mostly because the headline writers and social-media experts are piling on now. What can listing agents do? When most agents are content to show their listings and then go wait by the phone, there are...
Over the last few years there are two groups of buyers who have been left behind; the self-employed who have a tough time qualifying for a mortgage, and the contingent buyers because there have been enough non-contingent buyers that sellers would prefer. There hasn't...
