Michele and I cruise around twice a week looking at the new listings. I love it because I get to pontificate about the business and give her guidance like a good broker should. She asks many great questions, and today was no exception. She had read the blog post from...
Ok, ok - yesterday I said that we're at the highest pricing ever, but the San Diego non-seasonally-adjusted Case-Shiller Index isn't quite there yet. But it feels like record pricing around the north county coastal region, doesn't it? The index dropped eight months in...
Hopefully NAR is busy in settlement talks right now, because they just don't seem to get it, or they have trouble putting it on paper. These are their latest explanations: https://realestatecommissionfacts.com/ However, there might be hope for settling the case:...
Zillow CEO Rich Barton weighed in on the bombshell cases in both an investor call and a shareholder letter. Barton’s key comment came early in the call when he said “We also believe complete disruption to the existence of buyer’s agents is improbable for a few...
There are three ways to get exposure to realtors. Word-of-mouth from friends and family. Personal experience or investigation. Realtor-paid advertising. First, let's identify how realtors get their business. Either they earn the business (#1&2 above), or they buy...
A simple analogy for realtor commissions is a long-distance flight abroad. Someone who was booking a flight from San Diego to Phoenix probably wouldn't be too concerned about the quality. Because the flight only takes an hour, most can endure the...
