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The Third Bubble …
It has often been said that we have even more of a bubble in real estate agents than we have in real estate prices. In fact we have had three concurrent bubbles – house prices, number of purchases, and number of agents. Unfortunately for the members of the residential real estate sales profession, we... »
Remember When There Was No Bubble?
It’s been 4 years – let’s reminisce for a moment, shall we? I remember. I also remember incurring the wrath of the bubble blogger set with a slightly too subtle dig at the no bubble stance. For the record I said that saying there is no bubble was a “crazy statement.” But my predictions (which I’m... »
Sellers Leaving The Mess Behind
Cleaning up after yourself is in the contract… Recently, there seems to be some confusion as to item number 5 of the NWMLS form 22D (optional clauses addendum to the purchase and sale agreement). Maybe the sellers are deciding that the buyer already got a good deal and they shouldn’t leave the home in decent... »
Seattle Area Open House Information Sources
Can you tell me where I can find a list of all the Open Houses that are happening in my area this Sunday? I’ve been asked this question lots of times and I have always had to answer, “I’m sorry. There is no single, good source. Everyplace is going to list the ones they are... »
Virtual Discrimination by Real Estate Brokers
A real estate broker who operates in 23 states has filed a complaint with Federal authorities against the local MLS for “restraint of trade” practices, according to Inman News. Ryan Gehris, who is a broker of record for flat-fee real estate company Housepad.com in 10 of those states, alleges that the North Carolina... »
Real Estate Agents, Seth Godin and Tribes
Everyone who is going to buy or sell a house in 2009, should answer this question before choosing an agent: Are you looking for a Leader-Agent, or are you looking for a Follower-Agent? For those who have never heard of Seth Godin and/or Tribes, the hyperlinked words in this sentence are links to valuable resources, in that regard. Now…forget Seth. ... »
Will the U.S. Now Begin to Take Ownership Positions in Banks?
From the NY Times: U.S. May Take Ownership Stake in Banks Having tried without success to unlock frozen credit markets, the Treasury Department is considering taking ownership stakes in many United States banks to try to restore confidence in the financial system … Treasury officials say the just-passed $700 billion bailout bill gives them the authority... »
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