The real estate industry worked hard to define the Clear Cooperation policy. We have learned through conversations that the number of Office Exclusives has changed significantly since the policy was implemented - but a new culprit has emerged to get around the Clear Cooperation policy. Namely, Temporarily Off Market status in the MLS.
Since joining Compass, Mark has contributed outstanding vision to his colleagues and the company is positioned for continued growth and success.
This is an enormous problem and the most serious threat to our industry. It is a problem that we have faced every year before today, and one that we are going to face until consumers simply stop working with Realtors and start hiring companies that supervise Realtors.
Compass grew by communicating to agents that they invest in the future of their profession by investing in technology. The point of this article is to demonstrate how a brokerage technology communication strategy is as important as the technology itself.
Closing Corp built a center of excellence around helping consumers understand the closing costs of a transaction. Today, Closing Corp’s software is used by the majority of the nation’s top 25 lenders.
With the passing of the Clear Cooperation Policy, many MLSs around the nation created a new status called ‘Coming Soon’. Included is the press release from MLS Now detailing the unanimous approval of the board to end the policy.
The great unsolved challenge for real estate professionals is cracking the code to staying in touch with the people in their database. I am sure that agents across America found a bunch of unsubscribe notices in their inbox this morning - depleted databases.
Broker Public Portal Chairman, Alon Chaver, has written an excellent overview of how Corporate Home Buyers pose an immediate threat to home ownership which is having a ripple effect across the industry.
The Broker Resource Network (“BRN”) issued their first press release today. Since January, the network has been forming through the efforts of one broker calling another, then another, and so on. In a short number of months, the group took shape and through accounting, these firms combine to represent the fourth largest group of brokers in real estate.
In a release today, Lone Wolf has provided structure to their leadership offerings by organizing their outward facing executives by customer audience. “Our technology has always been built for real estate professionals, by real estate professionals,” said Jimmy Kelly, CEO and president of Lone Wolf.
In the early 90s, John Giaimo founded HomeSeekers and took the company public. Since then, Giaimo has been an active real estate entrepreneur launching Realty Times, Realty Times TV, cable and satellite TV shows, and numerous other ventures. I was able to catch up with John to learn a bit more about his new venture, BringitHomeCommunities.com.
The California Association of REALTORS® deserves recognition for solving one of the most significant pain points in real estate – digital forms management. When the real estate industry began the slow conversion from paper transactions to digital transactions, California led the way with the creation of a for-profit company that became zipLogix. Along the way, the National Association of REALTORS® joined CAR as an investor.
