Our MLS is going to provide a Coming Soon feature, which will fluster the agents who say that the Coming Soons build anticipation (like a movie trailer) and test pricing, but who then use the concept to circumvent the MLS and instead advertise directly to the consumer...
Hat tip to Rob Dawg for sending in this podcast by a realtor president - an excerpt: It’s been a strange, and difficult time for us. So, imagine what it's like if you are trying to buy, or sell a home. Tim Comstock is President of the Ventura County Coastal...
This isn't what buyers and sellers think. It's what realtors are thinking that their buyers and sellers are thinking, but we aren't mind readers so it's really what realtors think.....who haven't left their house for a month. Yes, the markets are showing delays....
Buyer interest declined by 90%? I think they meant that 90% of buyers don't want to risk their life to see a home in person - they are still interested in the market as seen from the couch. NAR's latest Economic Pulse Flash Survey - conducted April 5-6, 2020 - asked...
The seven-day moving average was +32% on March 8th, and now the average is -68.7%! This is during the peak showing season too! But at least the current trend looks like it is flattening out? Hopefully the change of realtors being declared essential workers will mean...
The new C.A.R. forms for 2020 are available, and the most interesting is the MLS-exclusion form in light of the NAR Clear Cooperation policy that begins on May 1st. Last year I asked the C.A.R. lead attorney about their stand on Coming-Soon and off-market listings,...
Kayla sent this in:
The MLS Statement 8.0 Clear Cooperation Policy is 'a lightweight, middle-of-the-road policy that will just make the problem worse' because it doesn't go far enough. It's so full of holes that it will only exacerbate the problem, and by the time they figure it out, it...
Yesterday, we entered into the final phase of the MLS implosion, with the latest blow being delivered by the National Association of Realtors themselves. Instead of strictly forbidding Off-MLS sales, they have tried to appease everyone by concocting a lightweight,...
It's good to see that 20% of the real estate licensees have been retiring each year, but it hasn't slowed down the overall population. There are still more getting into the business, than getting out: For the latest on Compass vs. the World, click HERE.
