Gratuitous Agent An agent who receives no compensation for services. Real estate agents typically work on a payment basis contingent on selling a property. Even
The Big Three in the real estate industry: Zillow CoStar Intercontinental Exchange (ICE) https://www.cnbc.com/video/2023/07/28/costar-group-ceo-on-commercial-reit-weakness-office-vacancy-and-residential-market.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail
Before MLS and Exclusive Listings, the model for the real estate business was Open Listings. Open Listing A non-exclusive listing given to many brokers. A
“A new real estate cycle has begun that features high prices, limited supply, tighter credit, bond market dislocation, commercial uncertainty and the collapsing economics of
“When a paradigm shifts, everyone goes back to zero” Joel Barker – The Business of Paradigms The basis of competition is shifting as ICE, CoStar,
John Dolan is one of my business associates at Places Platform LLC: FYI- Zillow recently updated their 1-, 3-, and 12-month HPA forecasts. Among
Feasibility Study 1. An analysis of a proposed subject or property with emphasis on the attainable income, probable expenses, and most advantageous use and design.
Data Security A year or so ago, something like this happened to the MLS in Sacramento. Rapattoni is one of a handful of software vendors
Best States for Jobs… I like the visualizations on the Visual Capitalist Site. Mapped: Unemployed Workers vs. Job Openings, by U.S. State In the United
One of many purchases over the years…
Highest and Best Use An appraisal term meaning that reasonable use, at the time of the property appraisal, which is most likely to produce
Settlements announced in federal 8K filings on the eve of impending October trial dates for two of the major broker commission lawsuits in Sitzer/Burnett (Missouri) and Moehrl (Illinois).
The Language of Real Estate Grandfather Clause A common expression used to convey the idea that something that was once permissible continues to be permissible
Get up to the minute updates and resources.
