{"id":18146,"date":"2021-05-16T06:19:58","date_gmt":"2021-05-16T13:19:58","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=18146"},"modified":"2021-05-16T06:19:58","modified_gmt":"2021-05-16T13:19:58","slug":"overnight-news-what-does-exclusive-mean-it-means-make-your-own-rain-cowbird","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18146\/overnight-news-what-does-exclusive-mean-it-means-make-your-own-rain-cowbird\/","title":{"rendered":"Overnight News: \u201cWhat does \u2018exclusive\u2019 mean?\u201d It means make your own rain,\u00a0cowbird!"},"content":{"rendered":"<p><div id=\"attachment_16586\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-16586\" class=\"size-medium wp-image-16586\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg\" alt=\"Ya think it's easy?\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg 300w, https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage.jpg 320w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-16586\" class=\"wp-caption-text\">\u201cYou might need a dog toy, but your dog just needs\u00a0you.\u201d<\/p><\/div>MLS fights are always about Residential listings. Nobody is claiming to have lost sleep (or money or jobs or opportunities) over Land and Lots or Multi-Family or BizOps. No one at Redfin is tasked with tracking underperformance by Patagonian buyers competing for Industrial properties. You might from this conclude that MLS &#8220;justice&#8221; is really just a matter of whose ox is gored. I always think that way.<\/p>\n<p>&#8220;What does &#8216;exclusive&#8217; mean?&#8221; a buyer once asked my wife, seeing a rider on a yard sign as they were driving by. &#8220;It means they don&#8217;t want you to have representation.&#8221; That&#8217;s the perfect answer \u2013 not because she&#8217;s the perfect quill-pulling marketer but because she&#8217;s sweet and honest.<\/p>\n<p>But her answer is not quite true: When I list a rental exclusively by promoting it only on Realty.bots, I&#8217;m not saying prospective tenants can&#8217;t have representation. I&#8217;m just not paying for it. As it happens, around ten percent of the applications we receive will have uncompensated agents attached to them \u2013 hoping to sell the applicants a home in a year or two.<\/p>\n<p>Who goes unrepresented? Everybody else \u2013 everybody who doesn&#8217;t look like a good investment to be a homeowner very soon. Tenants are always desperate \u2013 time is never their friend \u2013 so I will get over-the-transom Realty.bot inquiries from theoretically-represented parties, anyway.<\/p>\n<p>Who cares? Nobody. It&#8217;s Rental, not Residential, and there are property management companies in Metro Phoenix who pay $25 by MLS to Tenant&#8217;s Agents for a completed move-in. Show, application, qualification and follow-through, perhaps weeks later. Key In Listing Office \u2013 no joke. Redfin and REX know <em>nothing<\/em> about gouging other broker&#8217;s agents.<\/p>\n<p>I think an exclusive Residential resale listing is colorably a fiduciary violation, since only a full and fair test of the marketplace can surface the highest, safest, soonest offer. But: I list Vacant or Drive-By-Only homes for resale, and I&#8217;m done in four days. And: I am not your broker. In any case, the betrayed party, if any, is the seller. No harm? No foul.<\/p>\n<p>Buyers who want access <a href=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18146\/overnight-news-what-does-exclusive-mean-it-means-make-your-own-rain-cowbird\/#more-18146\" class=\"more-link\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cYou might need a dog toy, but your dog just needs\u00a0you.\u201dMLS fights are always about Residential listings. Nobody is claiming to have lost sleep (or money or jobs or opportunities) over Land and Lots or Multi-Family or BizOps. No one at Redfin is tasked with tracking underperformance by Patagonian buyers competing for Industrial properties. You [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,26,6,5],"tags":[],"class_list":{"0":"post-18146","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-lending","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2392,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2392\/a-bolt-from-the-blue-for-the-ftc\/","url_meta":{"origin":18146,"position":0},"title":"A Bolt From the Blue for the FTC","author":"Russell Shaw","date":"December 18, 2007","format":false,"excerpt":"I have to agree with the FTC 's initial action but for all the wrong reasons. And I don't agree with them now pursuing the case further. A few days ago a Judge dismissed the complaint filed by the FTC against a Detroit area Multiple Listing Service. The position of\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"bold from the blue","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2007\/12\/bold%20from%20the%20blue.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9363,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9363\/realbirds-free-idx-alternative-eeeeeaaaaahhhhaahhhhahhhhhhah\/","url_meta":{"origin":18146,"position":1},"title":"Realbird&#8217;s Free IDX Alternative: (Eeeee&#8230;.aaaaahhhh&#8230;aahhhhahhhhhhah)","author":"Ryan Hartman","date":"July 30, 2009","format":false,"excerpt":"\u00a0 I just recently realized that Realbird offers the syndication based total IDX solution on the cheap for Real Estate Agents that I was talking about here a little while back. \u00a0 Considering the whole MIBOR thing that went down a few months back, here below is how we might\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"picture-23","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2009\/07\/picture-23.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/546\/propsmart-and-trulia-youre-cuddly-and-cool-but-you-dont-know-a-thing-about-searching-for-homes\/","url_meta":{"origin":18146,"position":2},"title":"PropSmart and Trulia, you&#8217;re cuddly and cool, but you don&#8217;t know a thing about searching for homes . . .","author":"Greg Swann","date":"October 16, 2006","format":false,"excerpt":"Here's what I mean. This is a search I'm doing right now for a client: Active listings only MLS grids l32, k32 and j32 only (3 x 9 miles) Minimum of 3, maximum of 4 bedrooms Single-family detached homes only Minimum of $350,000, maximum of $450,000 list price Single-level homes\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":530,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/530\/goodbye-mls-hello-craigslistcom\/","url_meta":{"origin":18146,"position":3},"title":"Goodbye, MLS. Hello, CraigsList.com . . .","author":"Greg Swann","date":"October 12, 2006","format":false,"excerpt":"We had three listings close this week, a new listing going into the MLS, we're both showing quite a bit, and we had our usual meta-projects -- plus The Carnival of Real Estate. It's been a busy week... On top of all that, we took one of Cathy's listings \"private\".\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":896,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/896\/nar-doj-russ-russell-part-1\/","url_meta":{"origin":18146,"position":4},"title":"NAR &amp; DOJ &#8211;  Russ &amp; Russell Part 1","author":"Russell Shaw","date":"January 15, 2007","format":false,"excerpt":"Russ Cofano responded: Hi Russell, Happy to add some background here. You ask, \"But aren't the \"anti-competitive policies\" basically who has the right to decide how and where listings will be displayed?\" Kinda. The initial DOJ complaint against NAR revolved around NAR's initial Virtual Office Website (VOW) policy that allowed\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":333,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/333\/ask-the-broker-why-would-an-mlsidx-system-forbid-commingling-with-listings-from-other-sources\/","url_meta":{"origin":18146,"position":5},"title":"Ask the Broker: Why would an MLS\/IDX system forbid commingling with listings from other sources . . . ?","author":"Greg Swann","date":"September 14, 2006","format":false,"excerpt":"Giving my prominent proboscis a good hard tweak, a certain pseudonymous Scarlet Pimpernelesque semi-retired real estate weblogger asks: \"Are you trying to say that the MLS' are not fascist dictatorships???\" The question refers to a weblog entry I posted last night chastising Trulia Blog for hyperbole in its complaints about\u2026","rel":"","context":"In &quot;Ask the Broker&quot;","block_context":{"text":"Ask the Broker","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/ask-the-broker\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=18146"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18146\/revisions"}],"predecessor-version":[{"id":18147,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18146\/revisions\/18147"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=18146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=18146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=18146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}