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The member leadership of the National Association of REALTORS® will be considering a policy change related to MLS designed to eliminate pocket listings. The policy is 8.0 - called the Clear Cooperation policy. This topic was discussed in great detail at the 2019 Council of MLS meetings and met with widespread industry support.
A number of brokers have developed innovative platforms for sellers that fall under a commonly understood policy called Coming Soon that may be wiped out by this new policy change. This has many in the industry concerned about repercussions the 8.0 policy change could have for these coming soon programs.
Please download this white paper to review the considerations.
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Losing Top Agents and Teams to Disruptors? - Learn how Daniel Gale Sotheby's International Realty uses data to fight back!
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As a sailor, I can tell you that a rudderless boat is hard to steer. It takes a lot of expert sail trimmers to keep control of the boat. From my perspective, Listing Syndication is a rudderless boat with bad trimmers, and the boat is way off course.
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General Data Protection Regulation (GDPR) compliance crisscrosses every business in the real estate industry. Yes, it’s another acronym and it is not tech driven. Well, almost not tech driven.
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WAV Group Report 2024 - How Buyers Feel About Working With Agents As the real estate industry undergoes transformative changes precipitated by numerous lawsuits, prospective homeowners are increasingly questioning the traditional practice of engaging a buyer's agent. This report emphasizes the importance for agents to effectively communicate the value they bring to the table during the home purchase process. Key Takeaways: Clarity in Documentation: The study highlights a significant opportunity for agents to enhance buyer satisfaction by providing greater clarity around disclosures and paperwork. By actively guiding buyers through the intricate documentation required to purchase a home, agents can demystify a complex area that often leads to confusion among buyers. Time Investment Transparency: One notable finding is the lack of clear understanding among buyers regarding the time and effort invested by their agents in supporting their home purchase endeavors. The report sheds light on the importance of agents articulating and showcasing the behind-the-scenes work they undertake to streamline the buying process and secure the best outcomes for their clients. In a real estate landscape poised for change, the ability of agents to adapt and effectively communicate their value proposition becomes paramount. The report offers valuable insights for agents looking to navigate the evolving buyer-agent relationship successfully. In an environment where transparency and communication are key, agents who can address buyer concerns and showcase their expertise are positioned for success in the future real estate market.
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The Homeowners Under Management "Client for Life Reimagined" white paper, focuses on revamping the real estate industry's approach to retaining clients. Repeat and referral business plays a crucial role in the success of many real estate businesses, yet the emphasis on generating leads and conversions has often detracted from fostering strong agent-homeowner relationships, leading to low retention rates. This white paper delves into the crucial steps that can be taken to break away from the traditional transactional cycle and maximize the value of each client throughout their lifetime. Whether you are an individual agent or part of a brokerage, the strategies outlined in this paper can help you establish long-lasting, meaningful connections with your clients.
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Homebuyer Frustration Report Even under the most ideal purchasing conditions, buying a home can be a stressful process. The Homebuyer Frustration report asked homeowners who purchased during the post-pandemic housing market what caused them the most stress. It revealed many factors of stress that were particularly heightened during the recent seller’s market. Plus the report indicated that there were certain stressors that seemed to lead to not just buyer frustration but buyer’s remorse. Get the full report now to see how you can help your client’s avoid common areas of frustration.
