Yearly Archives: 2019

Will low inventory off-set seasonal savings homebuyers enjoyed in the past?

#REonTap = Discuss over beer:  Are interest rates above good news or bad news?  Will low inventory levels off-set seasonal savings homebuyers have enjoyed by timing the market? In the past, nearly 1 in 5 homes offered accepted between Thanksgiving

Posted in Affordable housing, Bubble Hour, Buyer agent, Consumer protection, Defensive Homebuying, Great Senior Sell-Off, Market trends, Price reductions, Seasonality, Timing the market

Will vote to limit “Coming Soon” listings end practice of forcing buyers to trade agency for access to Pre-MLS inventory?

Shared a version of this DRAFT blog post on a closed Facebook group about 10 days before the Realtors’ preliminary vote today to limit Coming Soon listings. As a long-time consumer advocate / buyer agent who’s business has been starved

Posted in Buyer agent, Consumer protection, Defensive Homebuying, Designated Agency, Dual Agency Detective, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance, Uncategorized, Whisper listings

Not just Peak #LuxRE, Boston home values have ‘likely peaked’ – GBAR

A month after we began asking tough questions about the luxury housing market, it seems that the Greater Boston Association of Realtors is also saying Boston Housing values have “likely peaked.” This tweet reflects some of the stats underlying their

Posted in #REonTap, Bidding wars, Buyer agent, Defensive Homebuying, Downsizing, Great Senior Sell-Off, Housing forecasts, Real Estate Bubble, Seasonality, Timing the market

Asking tough questions about “PEAK” luxury real estate

Glad @GiveBackHomes addressed #LuxuryConnect, did content go beyond cause marketing to Q's about #HousingJustice & socially-responsible real estate development? Is socially-responsible LUXURY real estate an oxymoron? Have we reached PEAK #LuxRE?https://t.co/uEr86XBoLV#BosRE — Bill Wendel (@RealEstateCafe) October 17, 2019 Glad to

Posted in Uncategorized

FLASHBACK: Bidding wars plunge in Boston, #BiddingWarBacklash next?

Despite 24 years of experience, the first eight months of 2019 have been the worst ever for the Real Estate Cafe, the first online / offline, cybercafe for real estate when we opened in 1995. Now, two headlines this week

Posted in Uncategorized

“Coming Soon” …another class action lawsuit against the real estate industry?

An award-winning real estate law attorney recently offered a definition of “Agency” in the Word of the Day series he writes for real estate agents: http://bit.ly/AgencyRETalk   (share via social media) Given his audience, no surprise his description asserted that there

Posted in Bidding wars, Buyer agent, Commission Reform, Consumer protection, Defensive Homebuying, Designated Agency, Dual Agency Detective, Pocket Listings, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance, Unbundling the Commission

Using graduation & reunion season to reform real estate, #Hack4REGood

#Hack4REGood: Parents helping kids w/ #DownPayment isn’t new, but seeing it in a different way than previous generations, inventing NEW ways too! #Millennial homebuyers, talk to us about #REGiftMultiplier before asking parents or grandparents for help!https://t.co/N339UcvKac — Bill Wendel (@RealEstateCafe)

Posted in Affordable housing, Buyer agent, commission rebate, Idea Bar, Mlllennials, RE2020, Real estate rebates, RECALL: Real Estate Consumer Alliance, Savings & Rebates, Unbundling the Commission

Real estate consumer advocates run Best Quarter ever in $30B Savings / Reform Marathon

Two weeks before race day, began thinking of the Boston Marathon as a metaphor for another marathon with a historic starting line in Boston. Those who have run any distance know the preparation, persistence and pacing it takes to finish

Posted in Best of Breed, Commission Reform, Consumer protection, Designated Agency, Disrupt Real Estate, RE2020, Real Estate Consumer Bill of Rights, Real Estate Roundtables, RECALL: Real Estate Consumer Alliance, Savings & Rebates, Unbundling the Commission

Use Pi Day to explain, hack the way the real estate commission pie is sliced?

IDEA STARTER:  Should #RE2020 use Pi Day, the celebration of a never-ending number to celebrate the approaching end of the bloated, two-side real estate commission pie? Real estate is not rocket science nor is it complex math which is why

Posted in #REonTap, Commission Reform, Consumer protection, Discount real estate, Proactive househunting, Real Estate Consumer Bill of Rights, Real estate rebates, RECALL: Real Estate Consumer Alliance, Savings & Rebates, Unbundling the Commission

WSJ exposes privacy issues in real estate, need for Consumer Bill of Rights

The @WSJ reported today that popular phone apps like #HRMonitor, #Flo and #Realtor sent private data to @Facebook without users’ knowledge. No wonder advertisers are addicted to FB audience targeting tools, but what of #dataprivacy? Read the WSJ report: https://t.co/7YDv3YhT1w.

Posted in Consumer protection, Defensive Homebuying, Dual Agency Detective, HousingID, IntentCasting, Personal data, Privacy, RE2020, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance, Tech Trends, VRM
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