Editor's Blog
Pocket Listings is the term used for Listings which are intentionally withheld from the Multiple Listing Service (MLS) by the broker (agent) who takes the listing. (The listing contract signed by the seller is most likely an Exclusive Authorizaion and Right to Sell contract, standard practice in the Industry). Withholding…
A big topic of discussion for the next few days will be the NAR proposed Clear Cooperation Policy. This is a "stake in the sand" issue from my perspective. There has been too much "cheating" for too long with late Listing submission to MLS, and now with such a blatant…
Integrity before trust and trust before commitment. A tweet from Marty Dempsey, retired United States Army general who served as the 18th Chairman of the Joint Chiefs of Staff from October 1, 2011 until September 25, 2015. “The supreme quality for leadership is integrity. Without it, no real success is…
Real Estate Listing Portals such as Zillow, REALTOR DOT COM, et al continue to move closer to the transaction (and the commission). Syndication has been an industry evolution, not an industry revolution. The first serious syndicator of listing data was REALTOR.com, which syndicated to AOL, Alta Vista, Lycos (remember Alta…
MLS is the most valuable tool of those who list and sell residential real estate, and it is being threatened on multiple fronts. What would you do if the MLS had only the listings brokers cannot sell themselves inhouse (Dual Agency)? If you have followed me at all, for any…
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The Challenge is to the Offer of Compensation to Agents Representing Buyers, by Agents representing sellers, through the MLS. The claim is that it is anticompetitive. When looking at these cases, remember that MLS did not emerge in a vacuum but over many years, with input from a host of…
The 15th Annual Trends Report - 2020 Edition, is due to be published soon... Each year for the past 14 years, Stefan Swanepoel and T360 publishes Trends Report of the real estate industry. It is always a great read for anyone interested in what is going on in the real…
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