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Old

Real estate industry stats, vs. common poor research

Posted 06-30-2020 at 05:35 AM by MikeJaquish

I so often see people contending that Zillow, among others, will kill real estate brokerage by agents and REALTORS.
Often citing poorly researched stats to support that contention.
An example from the CD Real Estate Forum:
https://www.city-data.com/forum/58512142-post30.html

Quote:
Originally Posted by MikeJaquish View Post
I believe your REALTOR head count is in error.
1.38 million as of May, 2019. https://www.nar.realtor/membership/monthly-report

I believe your transaction data is hugely
...
REALTOR®, Broker/Owner, Realty Arts
Posted in Uncategorized
Views 23 Comments 0 MikeJaquish is online now
Old

Can agent sue me for the commission?

Posted 12-10-2017 at 10:10 AM by MikeJaquish

In 11 years on CityData, I have seen countless questions on Buyers Agency Agreements.
So many people are pushed into signing something they don't understand.

For years, I have been advising people to sign such agreements, but Never unless they have a right to unilaterally terminate the arrangement at any time prior to a contract.

That line has been in every Buyers Agency Agreement I have used for that period of time, or longer.

"Either party...
REALTOR®, Broker/Owner, Realty Arts
Posted in Uncategorized
Views 201 Comments 0 MikeJaquish is online now
Old

Real Estate Pop Appraisal Values?

Posted 12-02-2017 at 06:14 AM by MikeJaquish

I am always interested in pop appraisals, for-profit "Estimates of Value," "What's my home Worth?" and other teasers utilized to bring traffic and sales leads to websites.
I just talk to too many people who put some level of faith in these numbers, both Buyers and Sellers.
These pop appraisals are generated from "AVM" technologies.
"Automated Valuation Models."
It is the technology used by your local property tax assessors and some...
REALTOR®, Broker/Owner, Realty Arts
Posted in Uncategorized
Views 204 Comments 0 MikeJaquish is online now
Old

"Kill the MLSs?" Or, 'A Case Study in Illustration of "A Little Knowledge is a Dangerous Thing.'"

Posted 11-25-2017 at 08:44 AM by MikeJaquish

I have some serious thoughts on how NAR, NCAR, and individual REALTORS® could strengthen market position and avoid further persecution by DOJ.
Link to the original thread on CD:
//www.city-data.com/forum/real-...l#post50220710

Quote:
Originally Posted by MikeJaquish View Post
This turned up on Inman, and I know you don't all have subscriptions, so the Mother Article is below.
There is no end of opportunists who would steal the work of
...
REALTOR®, Broker/Owner, Realty Arts
Posted in Uncategorized
Views 169 Comments 0 MikeJaquish is online now
Old

Poll: Are Granite countertops losing their favor?

Posted 09-01-2017 at 05:36 AM by MikeJaquish

I sometimes think that trends are overstated, but curious about what others are seeing.
So? A CD Poll.
See it here:
//www.city-data.com/forum/real-...eir-favor.html


Quote:
Originally Posted by MikeJaquish View Post
No end, open Poll. Multiple selections permitted. Names not revealed.

Two questions:
1. Are Granite countertops losing favor in your local market?
Yes or No, relating to your local market.

2. Please
...
REALTOR®, Broker/Owner, Realty Arts
Posted in Uncategorized
Views 469 Comments 2 MikeJaquish is online now

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