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.
The National Association of Realtors is attempting to regulate a change in the Coming Soon environment - see above. The way it is written, however, will just take us back to the days when off-market deals were done behind closed doors because they are permitting the...
It's inevitable that the amount of the commission paid by the seller to the buyer-agent will be made public. Because the existing rules forbid the MLS companies from disclosing the commission amount to the public, it sounds like the consumer is being wronged. The...
I participated in the PLS webinar recently: We're excited to be hosting our first ever ZOOM meetup with James Harris (Million Dollar Listing Los Angeles & Founding Partner, ThePLS.com). We'll be discussing Los Angeles real estate market trends for Q2 (and beyond)...
Brokerages are finding new ways to convince sellers to do in-house deals - an excerpt: According to Charles Williams, CEO of Buyside, “the software we supply to Metro Brokers unlocks the power of their buyer data for agents so they can win more listings, become more...
I haven't seen an article yet where the reporter gets the other side of the story, so I'll address these fallacies below at green paragraphs. Hat tip to all who have sent in this story! Why should a home seller have to pay for the buyer’s side of the transaction,...
