Upstream, the MLS, and the Unspoken Truths

I’ve been meaning to write this ever since the end of CMLS Kansas City two weeks ago, but have been on the road working on tremendously exciting stuff… that I hope to be able to talk about more in a couple more months. This is more of a “think-out-loud” piece, so for those who want to think … Read more

Update on NBER’s REALTOR Commission Study

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

Update on NBER's REALTOR Commission Study

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

Is It Time for Real Estate Marketing to Change?

A relatively brief post today, as I’m still trying to catch up from being on the road so much. Plus, I realized that I’ve been writing about Big Heavy Topics lately, and thought it’d be fun to talk a bit about marketing. Believe it or not, when I started this blog in 2009, my focus … Read more

CALBRE to Keller Williams: Drop Dead

I’ve been on the road driving all around Florida since Labor Day, so obviously, blogging has been light. But I was sent some news by a reader — again, the best informed audience in real estate — and I was really struck by the forceful language. CALBRE (California Bureau of Real Estate) has released a Licensee … Read more

On Project Upstream (Part 3): The Enabling Platform

In part 1 and part 2 of this series, I laid out my concerns with Project Upstream as it is currently structured, and a path forward in which Upstream becomes part and parcel of the MLS system. As I mentioned in those posts, the technology to do this is not science fiction. It exists today, … Read more

NBER Study: Conflicts of Interest and the REALTOR Commission Puzzle

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

NLRB’s Browning Ferris Decision: Bad, Bad News for Franchising

Earlier today, the National Labor Relations Board handed down its ruling in the Brown Ferris case. If you are a brokerage who belongs to a national franchise, like Coldwell Banker or Keller Williams or REMAX, or even a regional franchise, like Crye-Leike or Windermere, could I suggest that you take your mind off of Zillow … Read more

NLRB's Browning Ferris Decision: Bad, Bad News for Franchising

Earlier today, the National Labor Relations Board handed down its ruling in the Brown Ferris case. If you are a brokerage who belongs to a national franchise, like Coldwell Banker or Keller Williams or REMAX, or even a regional franchise, like Crye-Leike or Windermere, could I suggest that you take your mind off of Zillow … Read more