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Broker Insights

Alarming New Trend – Dual Agency on the rise in Los Angeles

August 27th, 2024|

I just had a very interesting conversation with some well-heeled luxury brokers from Los Angeles. They told me that since the new requirement to sign a 14-page State-sponsored Buyers Agency Agreement before showing a property has gone into effect, they have seen a dramatic rise in dual agency deals.

MLS and Association Best Practices

WAV Group Workshop: Getting Proactive to Avoid even More Litigation and DOJ Scrutiny

September 23rd, 2024|

On Friday, September 20, 2024, Marilyn Wilson of WAV Group summarized the topics she believes the industry needs to proactively address before another round of litigation or regulatory push forces the industry to address them. Using a plethora of WAV Group research studies, Wilson provided balanced data on many topics. She said “I’m not here to provide you answers, but to provide you with comprehensive insights on each of these topics so you can have well-informed discussions in each of your local markets.” 

Real Estate Technology Trends

Strategic Planning and Research

  • building a home

Omni MLS to Focus on New Home Inventory

September 19th, 2024|

This development follows the recent settlement with the National Association of REALTORS® (NAR) and underscores Builders Update commitment to fostering robust relationships between agents and builders.

How Volunteer Leaders can Avoid Inadvertently Firing Top Notch Association Executives

August 13th, 2024|

Today brokerages representing over 600,000 agents cannot or will not require NAR membership because of their proposed lawsuit settlements. Whether from litigation, DOJ rulings or the belief from brokerages (especially the $2 billion crowd) that NAR let them down, it is anything but business as usual right now. All Association leaders need to be open to new ways to doing business to be able to ride out this storm. Forward-looking, strategic AE’s recognize these vulnerabilities. They are effectively partnering with their volunteer leaders to push the envelope, eliminating outdated or poorly attended programs and focusing their attention on preparing for future scenarios that may be foisted on the industry from lawyers, the DOJ or some other unknown threat.