A reader asked about my thoughts on becoming a realtor today - my response: I'll start with the basics to see what you think. Being a real estate licensee is one thing. Being a successful salesperson is something different, and what I'll address here. Sales has its...
The NAR Settlement has not been approved yet, but according to the DRE Commissioner, the State of California isn't waiting around - they have already passed a new law! They also noted that 20% of the salespersons did not renew their license last year, so we hopefully...
The Clear Cooperation Policy isn't going anywhere, at least not for now: The MLS Technology and Emerging Issues Advisory Board opted not to make a recommendation about CCP or take any other action. But they did turn over the feedback they received to the NAR...
Reader Jim G. made a couple of friendly comments on how Compass is handling our objection to the Clear Cooperation Policy. It followed what a big-mouth in L.A. said this week when he called the Compass explanation, 'disingenuous'. We're all struggling to describe the...
I was in Orange County yesterday and saw this in a local publication: The off-market craze is just getting started. We've already been hearing the hucksters at open houses who lead with their only pitch: "I operate in the off-market space." "Does your agent offer you...
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...
The NAR Clear Cooperation Policy states that every listing must be inputted into the MLS within one business day after it is advertised publicly. The idea is to ensure that every agent has a chance to sell it. Our boss is leading the effort to end the CCP (see above)....
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Lance asked how the new realtor rules were affecting agents - here are responses from around the country that I clipped from two different email threads. Thanks Lance!
Will listing agents demand to see the buyer-broker agreement just to show a house? Agents are known to have their own interpretations of the rules - one listing agent already said that it is against the rules to ask her if her seller is paying concessions - so it is...
