This is the type of name-calling I'm willing to endure: IMHO, RE industry has descended right into the gutter alongside slimy used car salesmen. License to screw over consumers using information hiding and deceptive practices. Elimination of pre-sale inspections and...
The Compass CEO, Robert Reffkin, is a vocal opponent of the Clear Cooperation Policy. Those in the business call him names and say his only motivation for opposing the CCP is to promote in-house sales. The point that gets trampled over is that consumers and agents...
In the post-settlement world where agents are expected to prove their value, Compass will soon unveil a new client-facing portal that it says will streamline the transaction process for buyers and sellers while also helping its agents build more business. The new...
The Future of Real Estate Belongs to Compass With a strong foundation built on agent expertise, innovative technology, and a customer-first approach, Compass is well-positioned to overtake Zillow as the most influential real estate platform. As Zillow continues to...
Expect the cost of insurance to rise, or taxes to go up. Or both! An excerpt: Earlier this month, JPMorgan estimated the fires around Los Angeles had inflicted $50 billion in losses, of which only $20 billion were insured. One reason for the gap: State regulators have...
Virtually everyone is reluctant to predict the future of the real estate market. Even most realtors will throw their hands up and declare, "Who knows?". But around here, one fact has been clear and it tells us what we need to know about the rest of the year. The...
If there is a surge of inventory in early 2025, what will happen? Here are the choices: Frenzy - With rates stubbornly high, the best case is a mini-frenzy where buyers engage in bidding wars for only the top-quality listings. Some of the insanity bleeds over to the...
Sounds like a fair compromise to me - if they can get around the construction-defect litigation that seems to come with every new complex. Two-story is preferred vs. three-story: Owning a home has long been a core part of the American Dream. Today, however, there...
Robert the big boss was in town yesterday. He is committed to changing or ending the Clear Cooperation Policy, which is a controversial stance. The CCP makes in mandatory that every agent upload a listing onto the MLS within one business day after any public marketing...
In the week BEFORE the new rules went into effect, there were 29 NSDCC listings that were marked pending. In the first week AFTER the new rules went into effect, there were 38 new pendings. Homes keep selling. Buyers and sellers keep moving, and Realtors keep helping....
