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Puffing the housing market: Time to pause or go proactive?

The headline above is distressing enough without using bloated list or asking prices — a stat that is meaningless so rarely quoted — to throw gas on overheated markets nationwide. Without more precise local information or insight into the economy,

Posted in Bidding wars, Bubble Hour, Buyer agent, Defensive Homebuying, Housing bubble, Intention Inventory, Proactive househunting, Real Estate Bubble, Savings & Rebates, Timing the market

#RETech Roll Call: Who’s representing consumers, delivering money-saving innovations & reforms?

#BosRETech UPDATE: There are at least three events worth attending this week in #RETech, two in Boston and one beyond: 5/15-5/20/17: Realtors Legislative Meetings & Trade Expo — #NARMidYear https://www.nar.realtor/midyear.nsf/ 5/17/17: MIT’s #DesignX Pitch & Demo Night — Follow @MITDesignX

Posted in #SpeculatorsWithoutBorders, Bidding wars, Blockchain, Consumer protection, Crowdfunding, Disrupt Real Estate, RE2020, Real Estate Bubble, RECALL: Real Estate Consumer Alliance, Savings & Rebates

#RECALL: Crowdfund effort to organize homebuyers, reform real estate

@RalphNader CROWDFUND: Back to Future: Use Master Class w/ @RalphNader to organize #homebuyers, battle #RECartel https://t.co/GyoONLhZZI #RECALL #RE2020 pic.twitter.com/L9Y6Dj2uSF — Bill Wendel (@RealEstateCafe) April 28, 2017 Breaking News: Legislature tables bill to disclose real estate commissions In an age of

Posted in #REonTap, Bidding wars, Consumer protection, Crowdfunding, Defensive Homebuying, Dual Agency Detective, Homebuyer Clubs, RE2020, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance

Tidal Wave of #SpeculatorsWithoutBorders or Virtual Town Hall Meeting?

.@BostonGlobe Millennium sales office opened in China before Boston, @CambMA for sale too #SpeculatorsWithoutBorders pic.twitter.com/FGsWetP1mw — Bill Wendel (@RealEstateCafe) September 1, 2016 If “Foreign buyers at Millennium Tower show that Boston is on a world stage,” is that was a good

Posted in #REonTap, #SpeculatorsWithoutBorders, Affordable housing, Bidding wars, Bubble Hour, Consumer protection, Defensive Homebuying, Housing bubble, Housing Justice, Real Estate Bubble

#SpeculatorsWithoutBorders extracting affordable housing from Cambridge

A controversial protest organized by Black Lives Matter Cambridge resulted in extensive media coverage and an open letter last week in the Cambridge Chronicle entitled, Fight for affordable housing in Cambridge is fight for black liberation. Unfortunately, the same publication rejected my comment so posting here

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Posted in #SpeculatorsWithoutBorders, Affordable housing, Bidding wars, Consumer protection, Housing Justice, Investigative Reporting, RE2020, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance

Let’s declare Holy War on BLIND Bidding Wars

Declare Holy war on #BiddingWars? Who’d join Coalition of the Willing? Unwilling, why? #REonTap at #PRXPodcastGaragepic.twitter.com/COZMVI6Yko — Bill Wendel (@RealEstateCafe) August 17, 2016 There’s been a flurry of more than 30 comments on @NextDoor following a recent Cambridge City Council

Posted in #REonTap, #SpeculatorsWithoutBorders, Affordable housing, Bidding wars, Bubble Hour, Buyer agent, Consumer protection, Defensive Homebuying, Dual Agency Detective, RECALL: Real Estate Consumer Alliance

Who will put savings back into buyer agency?

My assumption is that many buyer agents who take fiduciary duties seriously have worked with buyers willing to pay over asking price because they believe rising prices will offset their leap of faith. In 1988, Nobel prize winning economist Robert

Posted in Bidding wars, Bubble Hour, Buyer agent, Defensive Homebuying, Dual Agency Detective, Great Senior Sell-Off, Housing bubble, Housing forecasts, Real Estate Bubble, Savings & Rebates, Seasonality, Timing the market

What’s “out of sync” with housing? Can we solve by next #LeapYear: 2020?

Let’s use what’s left of this Leap Day to catapult into the future by asking what will the real estate industry look like in the NEXT Leap Year — 2020? Because we’re eager to begin creating a public awareness /

Posted in Affordable housing, Bidding wars, Blockchain, Commission Reform, Consumer protection, Defensive Homebuying, Disrupt Real Estate, Fee-for-service real estate, Great Senior Sell-Off, Housing Justice, Impact Rebates, Intentional Communities, Pope's Encyclical, RE2020, Real Estate Consumer Bill of Rights, Real Estate Roundtables, RECALL: Real Estate Consumer Alliance, reVRM, Trend analysis, Unbundling the Commission

The beginning of the end of “CONCEAL estate”?

Earlier today, the publisher of a leading real estate news site posted this comment on Facebook: “Foreign buyers are not as active as before due to the value of the dollar, says Realogy CEO Richard Smith, but not meaningful to the

Posted in Affordable housing, Bidding wars, Blockchain, Consumer protection, Housing bubble, Housing Justice, Luxury housing, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance

Beyond blockchain: Elevating real estate, delivering billions in consumer savings

“What’s Next?” was one of the themes at #ICNY / #ICNY16 and a day after two blockchain gurus wow’ed that audience in NYC, a blockchain-enabled Bidding War platform quietly won an MIT Hackathon!  Here’s the problem statement: http://bit.ly/BidWarHackIntro What’s next

Posted in Bidding wars, Blockchain, Consumer protection, Disrupt Real Estate, IoT: Internet of Things, RE2020, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance, Savings & Rebates, VRM
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