Tag: real estate industry

What The Stock Market Tells Us About The Future Of The Real Estate Industry

What The Stock Market Tells Us About The Future Of The Real Estate Industry
I’ve been predicting the demise of the traditional real estate agent/ brokerage for a couple of decades now. I got into the business 12 years ago because I believed that there was about to be an explosion of interest in alternative brokerage models. Yet, the future of the real estate industry has been slow to... Read more »

$75 MM Investment In REX Homes Makes No Sense

$75 MM Investment In REX Homes Makes No Sense
A few weeks ago REX Homes, another real estate startup with a unique business model, raised an additional $45 MM in a third round of financing, bringing their total to $75 MM since they were founded in 2015. God knows the real estate industry is in sore need of new business models. Home buyers and... Read more »

Pocket Listings: Walking A Fine Line With Selling Outside The MLS

Pocket Listings: Walking A Fine Line With Selling Outside The MLS
As long time readers of this blog well know I am no fan of pocket listings, which many realtors promote as a sexy insider buying opportunity. I don’t buy into any of the nonsensical arguments for pocket listings and I have frequently enumerated the problems with them. So we were recently faced with a challenge... Read more »
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Real Estate Negotiation Myths And Reality - When Selling A Home

Real Estate Negotiation Myths And Reality - When Selling A Home
It turns out that you can understand a lot about what happens in the real estate industry by just trying to answer one simple question: Why are real estate commissions so high? And the mythology around the real estate negotiation process is a perfect example because one of realtors’ chief value propositions is that with... Read more »

Why Real Estate Commissions Are So High: Paying For Wasted Time

Why Real Estate Commissions Are So High: Paying For Wasted Time
I’ve decided that I’ll never be able to write the comprehensive post on all the reasons why real estate commissions are so high, though I have covered some of them previously in posts such as this one: Why Do Real Estate Agents Make So Much Money? There are just too many reasons to cover in... Read more »

Myths And Lies: Why Do Real Estate Agents Make So Much Money?

Myths And Lies: Why Do Real Estate Agents Make So Much Money?
It’s a great question and one that I asked many years ago, which prompted me to get into the real estate business in the first place: Why do real estate agents make so much money? And the answer is so complicated that I can’t do it justice in just one blog post. So I’ll simply... Read more »
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Realtors A Gift From God? Seriously?

Realtors A Gift From God? Seriously?
Oh. My. God. My business partner sent me a link to this video the other day and thought I could have some fun with it. It appears to be a takeoff on a famous speech that Paul Harvey gave at a Future Farmers Of America convention in 1978: So God Made A Farmer, which was the... Read more »