Thoughts On Re-engineering the Real Estate Sales Process

A couple of weeks ago, I ran across an interesting little book review/think-piece on realtor.org, the official site of NAR, called Re-engineering The Real Estate Sales Process. I’ve been too busy to sit down and think about it, but have a bit of time this morning, so thought I’d get into it a bit. This … Read more

Does Diversity Matter in Real Estate? (Yes, I'm Going There)

I was supposed to moderate a track of panels at Inman called Provoke, and I was really looking forward to some of those conversations, until a family situation arose that makes attending Inman impossible. (We’re all fine; my ex has to be out of the country, so I need to make sure my two boys … Read more

Does Diversity Matter in Real Estate? (Yes, I’m Going There)

I was supposed to moderate a track of panels at Inman called Provoke, and I was really looking forward to some of those conversations, until a family situation arose that makes attending Inman impossible. (We’re all fine; my ex has to be out of the country, so I need to make sure my two boys … Read more

Dear Real Estate Tech Entrepreneurs: Hey, The Buy-Side Is Done, Guys

I’m going to take a conservative estimate and say that once every few weeks, I get some PR agency emailing me with some news of a fantabulous, world-changing, paradigm-shifting (God, I love those Web 2.0 words, like paradigm), baldness-curing new technology around… you got it, home search. This is not at all an atypical example: #RealEstate Entrepreneur, Avantika Shahi Launches Revolutionary #HomeSearch Platform  … Read more

Agent Professionalism, Millennials, and Value

Russ Cofano, formerly of Move and the former CEO of Missouri Association of REALTORS, and an all around thoughtful man who knows a lot, has penned an interesting op/ed for Inman. He thinks that the industry’s discussions about agent professionalism is (a) misguided, and (b) won’t matter because Millennial consumers will determine what is and … Read more

Follow-Up Post on Brass Tacks: What To Do About Marginal Agents?

Happy Friday everyone. I wanted to do this quick follow-up to my Brass Tacks: What To Do About Marginal Agents post from November 20, 2015. Because the comments on that post were… interesting… so I figured we might get some more interesting comments on this one. If you recall, in that original post, I highlighted … 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

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