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Open Letter to Homebuyers / Disruptive Real Estate Innovators

Open Letter to Next Generation of Homebuyers / Disruptive Real Estate Innovators From my perspective as a real estate consumer advocate, National Homeownership Month has begun with a step backwards but the stage is set for a giant leap forward.

Posted in Commission Reform, Consumer protection, Defensive Homebuying, Discount real estate, Disrupt Real Estate, Idea Bar, RE2020, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance, Savings & Rebates

Blockchain in Real Estate needs Consumer Focus to deliver #P2P Savings

03/24/17 ORIGINAL:  Looks like the Spring Meeting of RESO, an international Real Estate Standards Organization, will be doing some foundational work on blockchain in real estate and the PUID — Property Unique ID.  As you can see from the link

Posted in Blockchain, Consumer protection, Crowdsourcing, Discount real estate, Disrupt Real Estate, Housing policy, HousingID, RE2020, Savings & Rebates, Tech Trends

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

#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

Will fee-for-service movement launch “Agency Revival” or DOJ/FTC inquiry into real estate?

Yesterday, Inman News — arguably the leading real estate technology news service — launched an impressive report on a new generation of money-saving, disruptive real estate business models.  What they call “hybrid real estate” others, including the former chief economist (shown above)

Posted in Commission Reform, Consumer protection, Discount real estate, Disrupt Real Estate, Dump Dual Agency, Fee-for-service real estate, Hybrid real estate, Investigative Reporting, Real estate rebates, Unbundling the Commission

Uber-fication of Real Estate? Fee-for-service consultants available on-demand (for past 20 years!)

Very pleased that NPR’s nationally syndicated talkshow @OnPointRadio aired a program today about the on-demand economy: Uber, But For Everything We look at the “Uber-fication” of the marketplace.  On-demand services for almost anything, everything, are catching on. Changing our economy

Posted in Commission Reform, Discount real estate, Fee-for-service, RE2020, Real Estate Consumer Bill of Rights, Real-time real etate, reVRM, Savings & Rebates, Tech Trends, Unbundling the Commission

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

Really, why shouldn’t sellers try FSBO: For Sale by Owner?

Today, Boston.com’s real estate blogger asks, “Really, why shouldn’t sellers wait for higher prices?”  We’ve reframed the question to propose an option which may be more profitable: “Why shouldn’t sellers try For Sale by Owner?  Last week, Yale economist Robert Shiller

Posted in Bidding wars, Discount real estate, DIY Homebuyers, Do-it-yourself, Expired listings, Fee-for-service, Fiscal cliff, FSBO: For Sale By Owner, Housing forecasts, Price trends, Proactive househunting
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