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Defensive homebuying in 2017: Can you future proof homebuying decisions?

As 2016 comes to a close, there is an uptick of activity on BostonBubble, a forum for homebuyers in Greater Boston that dates back to 2005. A self-described “lowly renter” is asking advice about homebuying in the New Year because

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

Castle Doctrine: Protecting real estate consumers in DysTrumpian era

2/2 @DSearls says protect privacy from #SmartHomes via digital #CastleDoctrine https://t.co/mAqWAZc4NF, collaborate w/ @CRTLabs? #CFAFS2016 — Bill Wendel (@RealEstateCafe) December 2, 2016   The Consumer Federation of America, an organization that includes 300 groups, just finished their annual Financial Services

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Posted in Buyer agent, Consumer protection, Defensive Homebuying, Designated Agency, Dual Agency Detective, Dump Dual Agency, RE2020, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance, reVRM

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

Can everything — including buyer agency — be ‘Uberfied?’

Last October, a pundit in Huffington Post asked, “Where is on-demand headed next?”  His answer: We’re now entering what I like to call “phase II” of the on-demand economy… …up the ladder to higher-end professions. It won’t just be drivers and dry

Posted in Buyer agent, Commission Reform, Discount real estate, Fee-for-service, Inventory, Price reductions, RE2020, Real estate rebates, Savings & Rebates, Seasonality

Cross-examination: Has Redfin lost it’s religion?

Excellent article by VOX on the evolution of Redfin, but it would be improved by a critical cross-examination of statements like this from Redfin’s CEO Glenn Kelman: EXCERPT:  Redfin set out to change real estate. Then real estate changed Redfin. “…the

Posted in Bidding wars, Buyer agent, commission rebate, Disrupt Real Estate, Dual Agency Detective, Fee-for-service real estate, RE2020, Real estate rebates, RECALL: Real Estate Consumer Alliance, Savings & Rebates

@POTUS > Crack down on Conflicts of Interest in real estate, too?

Before the week ends, Inman News will publish their 10,000 word report on the rise and potential impact of new “hybrid real estate” sites on the bloated real estate commission model in the US.  From the perspective of a longtime real

Posted in Buyer agent, Commission Reform, Consumer protection, Defensive Homebuying, Designated Agency, Disrupt Real Estate, Fee-for-service real estate, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance, Savings & Rebates

Mega-Broker Portal: Will homebuyers be left Upstream without a buyer agent?

Anyone else trying to make sense of the controversy surrounding Upstream, the code name for the mega-Broker Public Portal? Yesterday, Inman News published a guest opinion asking:  “Will Upstream be good for everyone?”  Not only was this author’s answer NO,

Posted in Buyer agent, Consumer protection, Defensive Homebuying, Disrupt Real Estate, Great Senior Sell-Off, IoT: Internet of Things, Pocket Listings, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance, reVRM, Uncategorized

Bidding War Scorecard: Is Designated Agency having a bipolar impact in Cambridge?

Has the housing market reached a tipping point, even in grossly overheated Cambridge, MA? Too early to answer that question, but our Bidding War Scorecard keeps revealing interesting data points about conflicts of interest in real estate. For example, during August

Posted in Bidding wars, Buyer agent, Consumer protection, Defensive Homebuying, Designated Agency, Dual Agency Detective, Price reductions, Real Estate Bubble, Seasonality, Timing the market

CALLING ALL ANGELS: Can homebuyers separate real estate predators from protectors?

  Created after the Second Vatican Council, today’s Feast of the Archangels is a very modern feast day and points to the Feast of the Guardian Angels on Thursday October 2. Is there a way for CruxNow — a new

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