Joke Number one: Q: If you came upon the Buddha in the guise of a hot dog vendor, what should you say? A: Make me one with everything. Joke number two: Q: Top Drawer Listing Agent, why do you charge a 7% commission to list a home for sale? A: Because the lenders won’t pay […]
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Okay, carrying on from the idea of the Divorced Commission — a condition whereby, by some means, the buyer’s broker’s compensation has been divorced from the listing agreement — what are the implications for the Multiple Listings Service model of propagating real estate listings? As we are seeing, divorcing the buyer’s agent’s compensation from the […]
I just spent a very informative hour on the phone with Jeff Brown, and I want to summarize what I took away from our conversation. First, Jeff has a very different understanding of the term “co-broke” compared to the way it is used in Arizona. When we went to essentially 100% buyer-brokerage for residential real […]
This is a special favorite from my Arizona Republic column: Consider this: I walk into a home, escorting buyers. In the living room there are two pieces of furniture: a big-screen television and a lawn chair. The bedrooms are empty, except for the master bedroom, where there is a bare mattress. In the kitchen, there […]
You know how it is. The NAR had to get itself sued to death first. Inasmuch as nothing is actually changing – adamantly, nothing – that works out to be a decent deal. Rotting giants fall hard, but sic semper tyrannosauris, as we have said all along. Here’s what’s what: Starting in 2006 or so, […]
“There are only two places that bunny could be hiding: Here or somewhere else.”At the Arrowhead Towne Centre Mall, where Loco Willie drives the choo-choo train, the Lego store is right next door to the Build-a-Bear store – this so parents can have both their arms torn off at the same time. Whatever gender-confusion might be […]
by Brian Brady
Commercial Real Estate Finance Expert
Structured Debt and Equity
Licensed Real Estate Broker in AL, CA, and FL
“I just showed three houses this week, out in L******, and all of them had 2% co-brokerage fees. Learn to sell, listing agents” I read this post (paraphrased), from a former car salesman with a Florida real estate license, in a Facebook group the other day. The irony of it was too delicious to pass […]
“Every dog is bred, in one way or another. Damn few are cultivated.”“Give me a lever and firm place to stand and I will move the earth!” So said Archimedes. Here is a simple lever to fix everything that is wrong in civil society – in due course: Change your state’s Family Law to default to […]
Just-enough-intimacy for two people who are really bad at it.There is a trend in American cinema over the past dozen years, a product of divorce-culture, that we call the just-enough-dad movie. Like this: Single-mom of overmothered beta nerd barely tolerates her teenage son learning masculine frame from her disreputable, curmudgeonly neighbor. The yarn is always […]
It has been claimed that John Hiatt wrote this song about cancelling the Confederate flag – but that’s plainly bullshit. This is a brutal divorce song, excruciatingly simple. It’s amazing, anyway. I play it on the guitar, sometimes for hours, late at night. The lyrics work, and that’s why the song works so well, but […]
So: Leonard Cohen wrote a song called “Hallelujah.” People hear what they want to hear, so they think it’s a religious song, when in fact it is a distant and self-absolving lamentation of a broken relationship. Cohen later rewrote the song as a much sexier despairing of what would seem to be an ongoing divorce. […]
I was talking to a friend of mine who is a broker with a small “boutique” brokerage about the business recently and he told me that since it was pointless to list property in this market, he has focused his efforts on rental properties. He is “hanging in there”, waiting for the market to turn […]
I wrote this nine years ago today, but it describes events that happened fourteen years ago. You’ll figure it out… This is my best-beloved and me yesterday: If you wonder what a gorgeous woman like that is doing with a schlub like me, I commend you to the power of poetry. Someone to thrive […]
Teri Lussier pointed this out to me last week, and I’ve been waiting since then for someone to plumb the implications. Ah, well, when there’s constabulary work to be done… Here’s the news: The state of California is making ZipRealty pay it agents minimum wage for their time. That’s huge. It’s just the thin edge […]
Q: “Oh, dear! An NAR committee I am very proud to brag about belonging to is composed of clueless idiots. Whatever shall I do?” A: Ahem. I swear I’m not making this shit up. Witness: “It’s time to do something different.” Jeesh… (H/T Linda Davis.)