The National Association of Realtors recently announced they lost more than 100,000 members since 2006. I believe that number only represents the tip of the iceberg. Here’s why. For every agent who stops paying their dues to the NAR, there are several agents who are on the fence, and there is a lag between the [...]
Another Sequim custom home sold by yours truly. Perhaps the emphasis is better placed with this phrase, “Buyers cherry pick another Sequim custom home.” I’ve written elsewhere about how buyers are coming to Sequim to find the perfect retirement home in a great location and at a really good listing price (leaving room [...]
I’ve represented many retirees from California and around the country recently, and the number one question among retirees has been, “Is now the time to buy a home, or should we wait?” The question is understandable. The housing market is still in disarray around the country, especially in places like Las Vegas where [...]
eXp Realty is the first Web 3.0 Virtual Real Estate Brokerage. This means that it is completely Internet based and virtual. Agents work out of their home offices or in public offices if they choose, but overhead is extremely low and technology is used in powerful ways to broadcast listings as well as to connect [...]
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The Internet is unquestionably the most powerful tool for buying and selling real estate today. Traditional advertising has long since peaked and has been declining in effectiveness for at least a decade. Today, newsprint and magazines and billboards are three of the least effective means of advertising real estate. This does not mean these tactics [...]
The entire real estate industry is in the midst of a dramatic change. Old ways of doing business are fading and new methods are gaining momentum. The big winners are consumers. For the first time in the real estate industry consumers are taking control, and it is technology and the Internet that is empowering them.
Consumers [...]
What does the real estate brokerage of the future look like? It would look like this:
1.It would be consumer-centric in every way, from the core of its business model to every substantive and procedural aspect of its business.
2.It would have numerous free services on the Internet for consumers that are easy to use, easy to [...]
Let’s take a look at the traditional real estate brokerage. Nothing stays the same, but this past few years has seen more dramatic changes in the way business is done across America than in perhaps the past three decades. Granted, many of these changes have been the result of developments over many years, but it [...]
Buyers of real estate today are taking their searches and their methods to entirely new levels, thanks to the Internet. Buyers want access to instant information that is free, and they do not want the kind of uncomfortable confrontation that occurs when they have to pick up the phone and call a salesman.
I [...]
Print newspapers are losing readers to the Internet, and there is a ongoing debate about how many years newspapers can last. The Internet is taking over their business in news and advertising. This cannot be ignored by real estate agents.
“After a century of continuous publication, The Christian Science Monitor will abandon its weekday [...]