Musings is a solo version of the Notorious POD in which I think out loud about issues in the economy, technology, and real estate industry. In this episode, I answer questions from a listener/reader from Ep. 33 with Jim Klinge, where we had discussed his predictions about the end of buyer agency from market forces, … Read more
I’ll be honest. I didn’t know about this critical case on dual agency in real estate, originally filed in 2014. The case is Horiike v. Coldwell Banker and in all likelihood, most of you already know about it being the Best Informed Readers in Real Estate. But a reader sent the case to me along with … Read more
A few weeks ago, I put up a post about a working paper study from the National Bureau of Economic Research that researched the question of real estate commissions. The authors basically concluded that the reason why real estate commissions are so high is because buyer agents steer clients to properties that are paying higher cooperating … Read more
A few weeks ago, I put up a post about a working paper study from the National Bureau of Economic Research that researched the question of real estate commissions. The authors basically concluded that the reason why real estate commissions are so high is because buyer agents steer clients to properties that are paying higher cooperating … Read more
Yesterday, I gave a presentation at the Pacific West Association of REALTORS Broker Summit which I named “Bring the Pain”. To be fair, I ask all my speaking clients whether they want the Light, Medium, or Heavy and PWR picked heaviest of the heavy. One of the things I mentioned was a recent Working Study … Read more
Truth be told, I get a ton of press releases and the like announcing some OMGASM! DISRUPTIVE NEW THINGAMABOB!!!BBQ!!11 from one real estate related company or another. I tend to ignore most of them because said AMAZING GAME-CHANGING DISRUPTION turns out to be a slight modification of some CRM platform. “Now you can put your listing … Read more