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There are still way too many Realtors

There are still way too many Realtors

It will come as no surprise that the number of realtors has declined fairly dramatically during the economic and housing downturn, but the exodus from our industry is a long way from over to return us to a more realistic number of agents practicing real estate in the US. Just for fun I decided to [...]

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Real estate agents care about selling homes, but their brokerages do not

The title of this post is sure to spark some controversy or even animosity from fellow real estate brokerages. I believe that there is a fundamental flaw in the real estate industry regarding agent and brokerage compensation. What is the goal of every real estate agent? Agents want to sell as many homes as possible [...]

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The future of MLS data – Will real estate information be unlocked?

The future of MLS data – Will real estate information be unlocked?

The data about home listings that you see on most real estate websites comes from organizations called Multiple Listing Services (MLS). Each geographic area is served by one or more MLS, and all of the local real estate agents become members of the MLS so that they can share data about the homes that they [...]

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Web search controversy erupts with NAR – Can Google index my listings?

In the last week, a major controversy has erupted between real estate agents and the National Association of Realtors. The Indianapolis Board of REALTORS has blocked one of the agents from allowing their IDX listing feed from being indexed by Google. You can read more about it on this post from Agent Genius. What is [...]

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Shame on us for wanting to set our own commissions?

We constantly get a lot of grief from other real estate agents who criticize our commission structure. Since home prices remain relatively high in Seattle, we believe in charging lower real estate commissions than are currently charged here, yet offer the same level of service that you can get from another full-service agent. The other [...]

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Should I use a real estate agent who is paid a salary?

Should I use a real estate agent who is paid a salary?

Does it make a difference if your real estate agent is paid a salary or a commission? Will you get a better deal or better service one way or the other? This is a highly contentious question, and I’m sure that other agents will have strong opinions on it. First, a disclaimer. Our company believes [...]

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findwell’s commitment to the real estate industry

With the recent launch of findwell, we began a journey to try to do something a little different in the real estate industry. We are not the first to go down this path, and we have to give credit to companies like Redfin for leading the way. Our desire to provide full service brokerage with [...]

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If you love real estate information, set it free!

If you love real estate information, set it free!

Recently I attended a meeting to talk about the strategic direction of our local Multiple Listing Service (MLS). Participants at the meeting were Seattle-area designated brokers. A designated broker is the person ultimately responsible for the transactions and oversight of all agents in a real estate office. Oftentimes that person is also an owner of [...]

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Wish list for the real estate industry

As you can see from our website, we are a real estate brokerage that is doing business a little differently than others. While our company is new, we have been around the real estate business long enough to develop a wish list of things that we would like to see changed. Some of the items [...]

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