Blog Archives

Back to the Future: Save billions in real estate fees by 2020?

.@KendallFlyers Can #FlyersRights be model for #realestate? @RalphNader 1st addressed #BuyerAgents 23 yrs ago today pic.twitter.com/gb0nDeM37A — Bill Wendel (@RealEstateCafe) October 28, 2015 Twenty-three years ago today, Ralph Nader energized a budding buyer brokerage movement with his first speech on

Posted in Blockchain, commission rebate, Disrupt Real Estate, Impact Rebates, RE2020, RECALL: Real Estate Consumer Alliance, reVRM, Savings & Rebates, Tech Trends, Unbundling the Commission

#ImpactREbates: Can we crowdfund social good out of real estate rebates?

.@ImpactHubBOS @edXOnline Look forward to learning more re #uLab, link moneysaving #realestate biz models to #SocialGood via #ImpactREbates — Bill Wendel (@RealEstateCafe) September 7, 2015 Historically, September has been a big month for Real Estate Cafe, and this year a

Posted in "We" companies, ASAP: AIDS Shelter Alliance Partners, commission rebate, Crowdfunding, Impact Rebates, Pope's Encyclical, RE2020, Real estate philanthropy, Real estate rebates, Savings & Rebates

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

#SmartFailing in Real Estate: Rebates, flat fees & fee-for-service over past 20 years

SMART FAILING: Trying to develop a new real estate business model to downsize commissions?  Whether you’re trying to reward DIY homebuyers with rebates, or help FSBOs — for sale by owner properties — avoid the real estate industry’s bloated commission structure, what

Posted in commission rebate, Discount real estate, Disrupt Real Estate, Fee-for-service real estate, FSBO: For Sale By Owner, RE2020, Real estate rebates, RECALL: Real Estate Consumer Alliance, Savings & Rebates, Tech Trends

Divorce real estate commissions, let homebuyers & sellers negotiate their own fees

Are the stars aligning?  Last Thursday, participants of @REBarCampBoston talked openly about how “Real Estate is Broken” and the conversation continues, agent to agent, on Facebook.  There a a list of 25+ industry flaws includes one that the Consumer Federation

Posted in commission rebate, Commission Reform, Do-it-yourself, FSBO: Best Practices, IntentCasting, RE2020, Real Estate Consumer Bill of Rights, Real Estate Roundtables, RECALL: Real Estate Consumer Alliance, reVRM, Tipping Policy

Got DIY content? It pays to do your homework here!

  “It pays to do your homework here!” That was one of the headlines used in the first full-page ad placed by the Real Estate Cafe in April 1996. To dramatize that we were turning the real estate industry upside

Posted in Bubble map, Buyer agent, commission rebate, Commission Reform, Defensive Homebuying, Discount real estate, DIY Homebuyers, Fee-for-service, Proactive househunting, Real Estate Bubble, Savings & Rebates, Tipping Policy

Don’t need a full-service buyer agent? Propose your own fee and rebate

The results of a recent Google search for our company, “Real Estate Cafe,” produced a surprising result.  Even though we were the first cyber cafe in the world when we opened 18 years ago, our page on Thumbtack.com, a request for proposals (RFP)

Posted in Buyer agent, commission rebate, Commission Reform, DIY Homebuyers, Do-it-yourself, Fee-for-service, IntentCasting, Luxury buyer agent, reVRM, Savings & Rebates, VRM

Following #My2K? Why not turn Mansion Cliff into #My$200K (or more)!

Black Friday and CyberMonday have come and gone, but a blog post before Thanksgiving asking why there isn’t a real estate equivalent got us thinking and analyzing data. Then when President Obama launched the #My2k campaign to raise awareness about

Posted in Change Agents, commission rebate, Commission Reform, Fee-for-service, In the News, Luxury homes, M$M, Market trends, Million Dollar Markdowns, Price reductions, Savings & Rebates, Seasonality, Sweetest Deals, Timing the market

Can group buying deliver billions in savings annually to real estate consumers?

A week after it was published, a story about Groupon’s first real estate offer is still the most forwarded article on Inman News, the leading real estate technology web site. Beyond that, my Google alerts continue to forward a flurry

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Posted in Change Agents, commission rebate, Commission Reform, Consumer protection, Coupons, Group buying, Price reductions, reVRM, Savings & Rebates, Tech Trends, Timing the market

Groupon for Real Estate or GroupCon? Choose MEGA-savings, not marginal coupons!

Glad to see one of the most innovative thought leaders in e-commerce moving the “Groupon for Real Estate” conversation from industry insiders to the blogosphere, but note that Pat Kitano’s blog post is real estate agent-centric and may assume traditional

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Posted in "We" companies, Bubble map, commission rebate, Commission Reform, Consumer protection, Coupons, DIY Homebuyers, Dual Agency Detective, Dump Dual Agency, Fee-for-service, Group buying, Homebuyer Clubs, RECALL: Real Estate Consumer Alliance, reVRM, Savings & Rebates, Unbundling the Commission
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