{"id":2807,"date":"2008-03-19T21:29:42","date_gmt":"2008-03-20T04:29:42","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=2807"},"modified":"2008-03-19T21:35:26","modified_gmt":"2008-03-20T04:35:26","slug":"rhymes-with-ferry","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2807\/rhymes-with-ferry\/","title":{"rendered":"Rhymes With Ferry"},"content":{"rendered":"

A couple of things. First, the largest real estate company in Arizona (based on number of agents) is now Homesmart<\/a>. Homesmart was already pretty damn big but on Tuesday it was finalized – they bought Dan Schwartz Realty<\/a>. Dan Schwartz Realty was, itself, was already one of the top 3 companies in the state for number of agents. So was Homesmart. It is my understanding that – at least for now – both companies will continue to operate with their current names.<\/p>\n

\"A<\/p>\n

And now for the “big” news. I’ve just received a report that Mike Ferry’s<\/a> coaching business is falling off. Big time. I have long considered him a predator, so I am happy to hear this. His company has had a pattern of high pressuring agents (who attend his free seminars) to sign up for coaching. Coaching is pretty much all he really sells – his events being a giant sales pitch for getting coached by his organization. For those who don’t follow the Mike Ferry coaching advice or who find it unworkable they are in for an additional shock, besides not having all that additional income they were sure to get. If they attempt to cancel their relationship they discover – as they have signed a contract – their account will be turned over to a collection agency.<\/p>\n

It now happens that the state of California (EDD)<\/a> recently ruled that all the coaches (I think he has averaged about 60 coaches at any given time since 1999) he has been paying as independent contractors are legally employees. Mike appealed and lost. Prediction: a big fine will soon be levied by California and I’m guessing the IRS will soon do the same. Also, from the very same little bird: a lawsuit from ex-coaches will soon be filed and made public to recover any money not recovered via the taxing agencies. My prediction: he will be out of money before any of them can collect anything.<\/p>\n

Mike, once you see this you can have one of your attorneys send me a nice threatening letter. Here is my contact information<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

A couple of things. First, the largest real estate company in Arizona (based on number of agents) is now Homesmart. Homesmart was already pretty damn big but on Tuesday it was finalized – they bought Dan Schwartz Realty. Dan Schwartz Realty was, itself, was already one of the top 3 companies in the state for […]<\/p>\n","protected":false},"author":6,"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":[2,6,10],"tags":[],"class_list":{"0":"post-2807","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-general","7":"category-marketing","8":"category-realty-reality","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":15680,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/15680\/wow-and-you-thought-the-gonophs-at-remax-were-mercenary\/","url_meta":{"origin":2807,"position":0},"title":"Wow… And you thought the gonophs at ReMax were mercenary…","author":"Greg Swann","date":"February 8, 2012","format":false,"excerpt":"Spam today from RealtyExecutives, which really used to matter in Phoenix: I love the monthly fee with the huge, larcenous split. RealtyExecs actually invented the 100% commission plan. It was that idea that Dave Liniger spirited away to Denver, where he founded ReMax. He discovered right away that a 100%\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":625,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/625\/zip-realty-and-a-press-release\/","url_meta":{"origin":2807,"position":1},"title":"Zip Realty and a Press Release","author":"Russell Shaw","date":"November 9, 2006","format":false,"excerpt":"It never ceases to amuse me (amaze me?) what the press finds \"interesting\" for a real estate \"news story\". Of course it is totally predictable what Inman News finds newsworthy - hacking away at Realtor commissions. Brad Inman has been on a mission from God on this issue for some\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/85\/got-junk-welcome-the-junk-guys\/","url_meta":{"origin":2807,"position":2},"title":"Got Junk? Welcome The Junk Guys","author":"Cathleen Collins","date":"July 13, 2006","format":false,"excerpt":"Last Winter I represented a couple who bought a home from a pair of ancients who had lived in their house for over 30 years. During their long tenure, they never ran across a memento that they didn't want to keep. So although we gave them a long escrow, by\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3848,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3848\/unchained-speakers-ribak-and-brady-on-homegain-ask-the-experts\/","url_meta":{"origin":2807,"position":3},"title":"Unchained Speakers, Ribak and Brady, on HomeGain “Ask The Experts”","author":"Brian Brady","date":"August 11, 2008","format":false,"excerpt":"Mitch Ribak spoke to the Barrys on Real Estate Radio USA last Friday.\u00a0 Mitch started as an agent in 2001, opened Tropical Realty in 2005, and has grown his business to close 180 transactions, during the first six months of 2008,\u00a0 in a down real estate market. Mitch looks for\u2026","rel":"","context":"In "Ask the Broker"","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":[]},{"id":1983,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1983\/foxtons-almost-gone-about-to-become-a-footnote-in-real-estate-history\/","url_meta":{"origin":2807,"position":4},"title":"Foxtons Almost Gone – About to Become a Footnote in Real Estate History","author":"Russell Shaw","date":"September 29, 2007","format":false,"excerpt":"Some of the \"we do nothing for less crowd\" got very good at marketing themselves to the broad public. They did this at a time when the average busboy or cab driver could have easily listed and sold a house. A few short years ago it was uncertain if the\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"crying smiley","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2007\/09\/crying%20smiley.gif?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2207,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2207\/agents-using-the-term-mls-in-their-url\/","url_meta":{"origin":2807,"position":5},"title":"Agents Using the term “MLS” in Their URL","author":"Russell Shaw","date":"November 10, 2007","format":false,"excerpt":"The following email was sent to me by Steve Westmark. I posted about Steve and the Minneapolis MLS back in April. Seems the Chicago MLS got the same idea but has now changed their mind. Or should that be \"minds\"? Or \"numb skulls\"? I really do not understand how any\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"Stupid Factory","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2007\/11\/Stupid%20Factory.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2807","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\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=2807"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2807\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=2807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=2807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=2807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}