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The Future of MLS Data’s Value
Looking for detailed information on homes for sale? Easy. Just open your laptop and there’s an abundance of data. As pointed out by Sam DeBord, CEO at Real Estate Standards Organization (RESO), in a...
View ArticleKey Elements Of The CONSPIRACY Theory
Key Elements Of The CONSPIRACY Theory The theory of CONSPIRACY is the centerpiece of the broker commission cases that have rocked the residential real estate industry. Once a jury determines that the...
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Combining Blockchain With Traditional Real Estate Brokerage
What happens when a MIT graduate certified in Blockchain combines traditional real estate with new technology? Powerhouse Vanessa Saunders expands her company with services that extend globally. Her...
View ArticleSan Diego MLS Rule Changes Under Proposed NAR Settlement — Member FAQs
In preparation of the August 17 deadline for MLS rule changes under the Proposed NAR Settlement, Saul Klein — CEO of the San Diego MLS — responds to a series of FAQs submitted by SDMLS President Frank...
View ArticleOffers of Compensation…
FAQ #2 Are still allowed under the proposed Settlement, they just can NOT be offered through the MLS. MLS ceases to be an “Offer of Compensation” on August 17, 2024. MLS By-Laws and Rules are being...
View ArticleIshay Grinberg on Rental Beast with Terri Murphy
As a real estate agent and a landlord, Ishay (pronounced “EE-SHY) Grinberg saw a problem and set out to eliminate the issues he was experiencing in the rental market. In his 13 years of working in...
View ArticleIs Compensation different from Concession?
FAQ #3 In the context of the MLS: the offer of compensation is the flow of money from the listing broker to the buyer broker; it’s broker to broker a concession is when the seller concedes something...
View ArticleLooking for a handy collection of related NAR Settlement Resources?
For a collection of NAR Settlement Resources assembled at The Data Advocate For details on a CID Does The DOJ Buy Into The “Practice Changes” In The Proposed NAR Settlement ? RELATED PLEADINGS IN...
View ArticleCan I mention “compensation” in the MLS?
FAQ #4 NO, compensation has been removed from the MLS. You cannot make it part of your confidential remarks….anywhere on the MLS. You can talk about it OFF MLS — may not to wise to do it...
View ArticleCan the MLS remarks section mention seller’s willingness to pay concessions?
FAQ #5 Yes, if the seller is willing to offer buyer concessions, the listing broker can communicate this fact in the MLS remarks section. The listing broker should discuss whether such advance notice...
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Blockchain Technology to Revolutionize Real Estate
Blockchain Technology to Revolutionize Real Estate A New Era in Real Estate I’m Vanessa Saunders, Founder & CEO of Global Property Systems (GPS), and today, we’re exploring a groundbreaking...
View ArticleDo the SDMLS rules provide for arbitration?
FAQ #6 No, with the elimination of the offer of compensation from the MLS, we removed the arbitration provision. https://thedataadvocate.com/wp-content/uploads/2024/08/0809-8.mp4 The post Do the...
View ArticleDoes a broker working with a buyer need a written buyer agency agreement...
FAQ #7 No. While the broker does need a written agreement in order to take buyers out to see a property, it is not a comprehensive buyer representation agreement. This new practice under the NAR...
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The Future of Real Estate Agents by Tristan Ahumada
The Future of Real Estate Agents by Tristan Ahumada A concern I have about the future of real estate, particularly for real estate agents, is that voice-to-voice technology will eventually extend to...
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It’s almost here…you ready?
The countdown is on, and the NAR settlement is reshaping our industry. Are you prepared? Join us on August 20 at 2:00 PM Pacific for an exclusive webinar that will equip you with the essential...
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The New Landscape of Real Estate
New Landscape of Real Estate by Tristan Ahumada A Handy Tool for Real Estate Agents in 2024 As 2024 rolls on, the real estate world is seeing some big changes, especially in how we handle...
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Navigating the New Normal: PropTech in the Post-settlement World by Joe...
Joe Schneider, an industry visionary, is the EVP of Consulting at Modern.Tech, a digital consultancy supercharging clients’ technology initiatives. In his recent post, Joe outlines several initiatives...
View ArticleWhy has the DOJ not intervened in the NAR Settlement…yet?
Why has the DOJ not intervened in the NAR Settlement case…yet? Well, perhaps the reason is that the DOJ has been very busy investigating the alleged monopolistic schemes of RealPage, a dominant player...
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The Real Estate Crossroads: Navigating Conflicts, Finding Opportunities, and...
The Real Estate Crossroads: Navigating Conflicts, Finding Opportunities, and Moving Forward In light of the recent series of insightful articles by Marilyn Wilson and Victor Lund on the WAV Group...
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Antitrust in real estate…
For decades, when it came to antitrust, REALTORS were in my opinion, overly cautious. I likened Industry behavior around antitrust, over my 45 plus years as a broker and educator, as “wearing a...
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