All Forum Posts by: Craig E.

Thanks for the responses. Like Charlie with Carvana and cars, I've found after years in this that people don't need a salesperson to love a home. In fact, they buy despite the salesperson. Everything they need to make a decision is on the MLS-Infrastructure details and photos and videos. The visit is simply to confirm what they've seen and they need an escort with a key. All other Q's about financing, resources, title, a comforting ear can be via email or phone. There shouldn't be a cost associated with these emails and phone calls. So where's the value? Brokers have the MLS and other platforms, contracts, disclosures, risk mitigation, some convenience to the seller. Accessibility for buyers. I'm not seeing why there isn't a new low cost model completely taking over, but its a fact that discount brokerages are not replacing full price brokerages even though they offer the same service. Its all perception and social like Will stated. Very interesting though. A change will occur. We all know its coming, but what will be the reason people capitulate? What will the model be?

I'm considering opening a RE brokerage.  I've notice that discount brokerages despite doing the same thing as full cost brokerages and for less money are not taking over the industry like Uber, ABB, Turo.  If paying less isn't the incentive, then what is?  What would be so unique in a RE brokerage that would make people overwhelming turn away from the old model to the new model in the same way as Uber, ABB, Turo?  I'm asking you all what you would need to see in a brand new company/ a new RE brokerage model that would make you or the public move away from using the old model brokerage in the same way these new companies caused immediate capitulation to their new models.  Thanks for your input.

I know too many people who are in (or soon to be in) cash waiting for DOW 6000 and housing values to be halved.   You know what that usually means.

Good discussion on sub $10k homes.  Being a longtime investor in CA (only), I would like to understand the mindset of the renter in these markets.  Assuming they need to have a job and some credit in order to rent and assuming they have very little cash.  Why don't they buy a sub 10k fixer with a credit card or other creative financing and spend much less per month to own outright in a few years?  

Good article.   Next to "Turnkey Myths Debunked." 

I've had a water heater get tainted and cause sulfur smell from faucets.  

@Kelly Choate You should work with investors. You'll learn much more about advanced or creative real estate transactions than you will working with traditional buyers/sellers. Particularly fix-flip or buy-fix-hold. Become an expert on due diligence and deal analysis/rehabs/ARV/funding/exit strategies (i.e. the product). You need to learn these things by immersion. Imo.

Google - Real Estate Industry Disruption.  Check out some of the new platforms/ starts ups  getting traction.  Don't rely on the current, antiquated brokerage model.  Consider how you can do it differently, better, add value.  As an agent, look for a progressive brokerage to work for.  Start interviewing brokers.  

@Heidi Lindsay My profile has my contact info.

 We're doing one in midtown now.  Feel free to contact me to discuss.