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Let’s poke fun at the Sleeping Giant of the Consumer Movement

Twenty-five years, one of the keynote speakers at the Consumer Federation of America’s annual Financial Services conferences, delivered words that still ring true: “Real Estate is the Sleeping Giant of the Consumer Movement.” Too little has changed over the past two and half

Posted in #SpeculatorsWithoutBorders, Blockchain, Consumer protection, Defensive Homebuying, Designated Agency, Dual Agency Detective, Humor, Podcasts, RE2020, RECALL: Real Estate Consumer Alliance

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

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

Conflicts of interest beg for Real Estate Consumer Bill of DIGITAL Rights

Seventy-two hours apart, a leading real estate technology news site begins by reminding real estate professionals of their fiduciary duties (Agency = Expertise + UNDIVIDED Loyalty), then another article advises would-be listing agents to farm for sellers with a “Join my buyers

Posted in Consumer protection, Defensive Homebuying, Disrupt Real Estate, Dual Agency Detective, Investigative Reporting, RE2020, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance

CFPB & FTC protect options, empower real estate consumers to save money

What a week!  Inman News just caught the government doing it’s job, again!  As regulators from the CFPB are taking heat from bankers to take down their new site encouraging homebuyers to exercise their right to make informed choices, the

Posted in Consumer protection, Defensive Homebuying, Dual Agency Detective, Fee-for-service, Fee-for-service real estate, Investigative Reporting, RE2020, Real Estate Consumer Bill of Rights, RECALL: Real Estate Consumer Alliance, Savings & Rebates

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

Pocket Listings: Smoking gun outs conflict of interest in real estate

  The first round of Real Estate is Broken, a hard-hitting agent-to-agent critique of the residential industry last week in Boston, began with this one-two punch: “When I grew up in the industry, pocket listing was a bad word; now

Posted in Bidding wars, Buyer agent, Consumer protection, Defensive Homebuying, Designated Agency, Dual Agency Detective, IntentCasting, Pocket Listings, RE2020, VRM, Whisper listings
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