A remarkable achievement considering that Compass has only been a nationwide company for 3-4 years. It will matter more later too. CoStar is going to change the search-portal landscape, and if they spend enough advertising money to get all the eyeballs, the...
The old rule was that any agent could advertise any MLS listing via the IDX, as long as the listing agent's name and brokerage was displayed. But now you have to include their contact information too. He sounds confident because this is clearly a shot at Zillow but...
Buyer fatigue has hit San Diego’s real estate market as some people are taking a break after making offers on several homes to no avail, according to several real estate agents. “In my opinion, I feel the buyers are feeling beat up and a little tired,” said Dawn...
The Journal touched on pocket listings yesterday - excerpts: Real-estate agents are selling more homes to select customers while bypassing the public market, a move that squeezes supply tighter for many buyers when inventory is already near record lows. In the vast...
Here's a great snapshot of how the vast majority of listing agents handle multiple offers. They just grab one, and kiss off the rest - which isn't good for the sellers, it's not good for the losing buyers who might have made a better offer if there was a...
Home buyers deserve to have their own representation. The broker cooperation system which allows every agent to share their inventory with all other buyers via the MLS has worked well for 100+ years. But it has been under attack for years, and it may not survive the...
Two years ago, the National Association of Realtors began the Clear Cooperation Policy, a directive that compels agents to submit their listings to the MLS within one business day after any public marketing. It was an attempt to quell off-market sales, but Glenn says...
Here are the big hitters in the L.A. luxury market talking about today's conditions, and the PLS:
We have another disrupter who is providing a service you didn't know you needed until now. Traditionally, a buyer's agent accompanies their clients to show them the homes for sale, and to give expert advice about each house while on site. But other real estate...
To say it's the Wild Wild West out here is putting it lightly, and how realtors handle multiple offers is the primary reason. There isn't a standard way to handle a bidding war - and heck, we don't even agree on what is confidential, and what isn't. Here is the...
