{"id":18148,"date":"2021-05-17T06:22:55","date_gmt":"2021-05-17T13:22:55","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=18148"},"modified":"2021-05-17T06:43:50","modified_gmt":"2021-05-17T13:43:50","slug":"overnight-news-what-do-you-do-when-your-buyers-just-cant-hide-their-lyin-eyes-switch","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18148\/overnight-news-what-do-you-do-when-your-buyers-just-cant-hide-their-lyin-eyes-switch\/","title":{"rendered":"Overnight News: What do you do when your buyers just can\u2019t hide their lyin\u2019 eyes?\u00a0Switch!"},"content":{"rendered":"

\"Ya

\u201cIf stuff just ain’t workin’ \u2013 the stuff that ain’t workin’ is between your\u00a0ears.\u201d<\/p><\/div>As discussed,<\/a> Redfin’s actual complaint with exclusive Residential listings is that they don’t pay Buyer’s Agents from other brokerages \u2013 meaning Redfin.<\/a> The race jive is just jive, as it always is with Redfin. Nothing prevents them from continuing to represent their defected buyers \u2013 free of the ugly taint of self-interested compensation.<\/p>\n

That would be daft, but so is camouflaging incompetence by a pretended concern for the unfortunate \u2013 in all this year’s most popular colors! So what should they do instead?<\/p>\n

Switch!<\/p>\n

That’s the name of a real estate book by Gary Keller, but you don’t need to buy or read it: The title is the entire thesis.<\/p>\n

What do you do when your buyers can’t seem to stop betraying you? Stop representing buyers. Do something else instead: Just list, and dish the buyer leads to some other sucker. Do property management. Or flip, and let the house do the selling.<\/p>\n

And Redfin is actually in<\/em> the flipping business, and that much is potentially a good business: Like Zillow, it’s lead-gen either way the conversation starts, but even better, it’s a full-ticket fall-back sale either way. The iBuying part could not be<\/em> more exclusive \u2013 take that, undeserving unfortunates! \u2013 but the end result is a listing, either way. And listing means getting paid almost always and betrayed almost never.<\/p>\n

Here’s fun, though: Switching! is easy for an agent to do, and not that hard for a team or a brokerage. But what about a big national computerized web portal that only learned real estate by monkey-see-monkey-do in the first place?<\/p>\n

A dinosaur built with an erector set is in the end a dinosaur \u2013 more relic than robot. Good luck with that…<\/p>\n

In other news:<\/em><\/strong><\/p>\n

The Minnesota Sun:<\/strong> Minneapolis Mayor Admits Anti-Police Rhetoric has Led to Crime Spike.<\/a><\/p>\n

Fox News:<\/strong> Veteran who was harassed by Antifa over flag says riots have become part of Portland\u2019s landscape.<\/a><\/p>\n

The San Francisco Chronicle:<\/strong> ‘Out of control’: Organized crime drives S.F. shoplifting, closing 17 Walgreens in five years.<\/a><\/p>\n

David Harsanyi:<\/strong> Biden Is Off to a Disastrous Start.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cIf stuff just ain’t workin’ \u2013 the stuff that ain’t workin’ is between your\u00a0ears.\u201dAs discussed, Redfin’s actual complaint with exclusive Residential listings is that they don’t pay Buyer’s Agents from other brokerages \u2013 meaning Redfin. The race jive is just jive, as it always is with Redfin. Nothing prevents them from continuing to represent their […]<\/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-18148","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":15677,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/15677\/those-entering-the-arena-daily-know-the-secret-to-skinnin-cats-and-it-aint-about-tryin-really-really-hard\/","url_meta":{"origin":18148,"position":0},"title":"Those Entering the Arena Daily Know the Secret To Skinnin’ Cats – And It Ain’t About Tryin’ Really Really Hard","author":"Jeff Brown","date":"February 13, 2012","format":false,"excerpt":"What I love about our business is that there're no points awarded for effort. With rare exceptions, it's a heartless, merit based culture. Trying really really hard is for first time T-Ballers. Real estate owners don't sign contracts promising to pay us for our efforts. They agree to pay when\u2026","rel":"","context":"In "Flourishing"","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2553,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2553\/big-news-ignore-all-that-fine-print-tear-through-all-that-red-tape-redfincom-supports-safari-at-last\/","url_meta":{"origin":18148,"position":1},"title":"Big News: Ignore all that fine print, tear through all that red tape — Redfin.com supports Safari at last!","author":"Greg Swann","date":"January 30, 2008","format":false,"excerpt":"Oh, wait, that's not the big news from Redfin.com. In fact, I reported the really big news last night:Redfin will either make money or it won\u2019t, and, in the long run, if it endures into a long run, it will become more like traditional real estate even as traditional real\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2832,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2832\/redfincom-beats-the-field-again-this-time-in-both-seattle-and-san-francisco-buyers-pay-less-and-reap-commission-rebates-too\/","url_meta":{"origin":18148,"position":2},"title":"Redfin.com beats the field again, this time in both Seattle and San Francisco: Buyers pay less and reap commission rebates, too","author":"Greg Swann","date":"March 25, 2008","format":false,"excerpt":"Redfin.com has news this midnight, but it's the sort of thing I would normally ignore: It's basically the kind of rah-rah-for-us stuff I leave for the vendor cheerleaders and the mainstream media. But: I gave Redfin a lot of grief last year when they made a similar announcement, so today\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17786,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17786\/overnight-news-understanding-oligarchy-its-a-big-club-and-you-aint-in-it\/","url_meta":{"origin":18148,"position":3},"title":"Overnight News: Understanding oligarchy: \u201cIt\u2019s a big club, and you ain\u2019t in\u00a0it.\u201d","author":"Greg Swann","date":"January 29, 2021","format":false,"excerpt":"I saw this on Facebook, and it sums the world up perfectly: Are the people who can get trading stopped in the middle of a trading day the same people who can get vote counting stopped in the middle of an election night? Wall Street is red-pilling America so well\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17864,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17864\/overnight-news-why-is-glenn-kelman-redfins-white-male-ceo-so-bigoted-against-white-males-and-what-the-hell-do-his-racism-and-sexism-have-to-do-with-real-estate\/","url_meta":{"origin":18148,"position":4},"title":"Overnight News: Why is Glenn Kelman, #Redfin\u2019s white male CEO, so bigoted against white males \u2013 and what the hell do his racism and sexism have to do with real\u00a0estate?","author":"Greg Swann","date":"February 20, 2021","format":false,"excerpt":"Redfin CEO Glenn Kelman has apparently made a fetish of purging his company of the awful influence of creatures like himself \u2013 white and male. If we were to adapt those terms and say instead that he was out to persecute people who are non-white or female, we would recognize\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1083,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1083\/thinking-skeptically-to-rain-on-redfincoms-parade\/","url_meta":{"origin":18148,"position":5},"title":"Thinking skeptically to rain on Redfin.com’s parade . . .","author":"Greg Swann","date":"February 26, 2007","format":false,"excerpt":"I'm not a Jesuit, but I play one on BloodhoundBlog. The real truth is, I'm a roll-your-own Jesuit, more auto-didact than anything. I didn't have Brian Brady's inestimable advantage of having had the gift of reason literally pounded into me. Instead, I had to stuff it between my own ears\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18148","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=18148"}],"version-history":[{"count":4,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18148\/revisions"}],"predecessor-version":[{"id":18152,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18148\/revisions\/18152"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=18148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=18148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=18148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}