In 2005 the travel agent agency was swept away almost entirely by upstarts like Expedia (who is now getting swept away by Google). Real estate agents were next, so we were told. It’s been constant predictions of doom for the agent, followed by….well, not doom. The increase in real estate Read more…
I get the feeling not many agents totally grasp what is going on with portal leads in America. Some may not care. But if you buy or are considering buying leads from the major portals, you will want to be paying attention. Agents have become accustomed to being able to Read more…
Opendoor is between a rock and a hard place, so it would seem. Mike DelPrete points out several of the hardships of a business model like Opendoor, including an undifferentiated product, resource intensive, and no repeat customers. We might throw in minuscule margins and exposure to housing market volatility. Not Read more…
Everybody has a real estate website, right? It seems like just about every agent on Earth picked up a Websitebox site at one point or another. Most agents probably have a couple sites. Maybe one or all are collecting dust. Most folks don’t think much about their website other than Read more…
Bottom Line Up Front! The National Association of Realtors (NAR) and its subordinate associations should not control MLSs. NAR is one of the largest trade groups in America with approximately 1.3M members. But that membership is not earned. It is coerced, through NAR’s self-serving relationship with the multitudinous local monopolies Read more…