There’s always something to howl about.

Category: Supplanting the NAR (page 4 of 10)

Real Estate Sales Transactions In Phoenix

I don’t know if the local board in Phoenix allows agents to display recent sales transactions via idx feed, but it seems to me from talking to others around the land that most boards don’t.

Doesn’t it kinda sting that Trulia can display this info, but Realtor folk can’t?

Or can they?

How To Display Real Estate Transactions On Your WordPress Site Via Trulia’s Pretty Up To Date RSS Feed

1. Install and activate the “EXEC PHP” plugin
2. Do A General Property Search For Any Area On Trulia.
3. Click the “Recently Sold” Tab
4. Once the results are up, click on the link for more details on the first property.
5. When the info shows up, click “back.” – [This is key! 🙂 ]
6. Now there will be an RSS feed link at the very top right of the page.
7. Click On It, Then Grap The RSS Link That Pops Up Slightly Lower To The Left
7. Insert the RSS feed into the code below within a blog post, where indicated by “PUT YOUR JUICY SALES TRANSACTION FEED URL HERE”

< ?php // Get RSS Feed(s) include_once(ABSPATH . WPINC . '/rss.php'); $rss = fetch_rss('PUTYOURJUICYSALESTRANSACTIONFEEDURLHERE'); $maxitems = 30; $items = array_slice($rss->items, 0, $maxitems);
?>

< ?php foreach ( $items as $item ) : ?>

  • < ?php echo $item['title']; ?>

< ?php endforeach; ?>

Phoenix Real Estate Sales Transactions

What you’re seeing below is actually a screen capture of the transactions on my own site… didn’t want to mess with plugins/php over here at bhb (or cause other trouble for ma and pop.)

Which leads to the point of all this. Can you see adding pages upon pages of dynamic content to your site using this little trick? Or is this content theft? Does Trulia own the data? Does your local board?


Phoenix Real Estate Transactions...

An educated consumer is someone’s best customer

Having been a BHB devotee since nearly the blog’s birth, I’m honored to be here.

If you grew up in the Northeast, you probably recall Sy Syms, owner of Syms clothing outlets, with his ubiquitous television commercials. Sy would end each commercial by saying: “An educated consumer is our best customer.”

Greg’s description of me – an educated consumer – called to mind Sy’s trademark phrase.

I was fortunate to buy my first home through BloodhoundRealty.com. Fortune got me a lovely home in central Phoenix, and an education in how a real estate transaction ought to be handled. The home I sold (with Cathleen and Greg’s help) when my wife and I moved to North Carolina. But the education is forever.

I do not believe the three North Carolina realtors we unceremoniously rejected for not meeting BHB standards thought that an educated consumer was their best customer. C’est la vie.

In thinking about marketing my law firm and how to apply various insights from BHB, it occurred to me that my realtor friends don’t know how good they’ve got it. I know there are plenty of gripes here about the NAR. But it could always be worse: You could be operating as a licensed attorney, subject to the stultifying and onerous limitations on marketing and business development imposed by state bars.

So with that in mind, I expect to get more out writing here than I can possibly offer: bringing insights I learn here from your world to help remake my world.

Big Vampire is watching you — but every day is another chance at grace

This came in for a trackback on my NAR tax-credit video post:

http://hottopics.blogs.realtor.org/2009/09/08/
my-nar-tax-credit-video-“tell-the-natio/

The link resolves to an https address — in other words, a secret inner-sanctum blog. They won’t stand up for themselves in the clean, clear light of day, but they’ll piss and moan to each other in private.

It’s not that they’re gutless, mind you — or not merely gutless. So much the worse, they know they’re wrong — and they still won’t do the right thing.

How horrifying to spend your whole life thinking you’re one of the good guys only to discover that you are every bit as corrupt as Charlie Rangel, immersed snout-deep in the corporate welfare trough, turning a million mostly-innocent entrepreneurs into cheerleaders and lobbyists for even more legislative piggishness, turning three hundred million innocent Americans into cannibal’s fodder for your million-vampire-feast.

Who killed liberty in America, the last best hope for freedom on this Earth?

Was it Alexander Hamilton and the Whig/Federalist/Republican party, the original champions of corporate welfare?

Was it Andrew Jackson and the Democratic party, who wanted freedom for everyone — so long as you’re not black, brown, red or yellow? Or was it Lyndon Johnson and the modern Democratic party, who want freedom for everyone — provided you’re not an American?

Or was it the National Association of Realtors, who helped to turn a nation of hard-working, hard-charging, fiercely independent people into a gaggle of sniveling beggars, who can no longer even imagine paying their own way in life, who spend all their time concocting new ways to despoil their neighbors.

With every passing day, we are that much closer to being a nation of vampires, and it was the National Association of Blood-Sucking Vampires who first taught us to attempt to live by plunder instead of production.

But as much as I despise what they have done, still I feel for them as people. So I’ll offer up this much as a salve for the scabs they can’t stop themselves from picking at:

Redemption is egoism in action.

When you discover you have behaved badly, either willfully or inadvertently, there are three things you must do:

1. Admit your error Read more

My NAR tax-credit video: “Tell the National Association of Bloodsucking Vampires to go to hell. It’s where they belong.”

Want to know what Realtors can do to help resurrect the American economy? They can get the hell out of the way, that’s what.

Here’s my entry in the Al Lorenz/Don Reedy NAR tax-credit video contest.

Think you can do better? Please do. And tell everyone you know in the media to latch onto this with every tooth they have left in their dainty little lapdog jaws.

This used to be a free country. Whether or not it ever is again depends on what each one of us does now…

The National Association of Realtors, in perfecting the idea of Rotarian Socialism, not only sanctified the criminal violation of the property rights of innocent people, it also robbed us of the highest and best uses we might have achieved with our real property…

Kicking this back up to the top because it fits so well with the recent posts from Al Lorenz and Doug Quance. –GSS

 
I’ve understood since I was 18 or so how real estate develops organically, in a truly free market, so I have known all my adult life how horribly the real estate market has been disrupted by the idiotic intrusions of Rotarian Socialism. It’s all about who can steal a few bucks by strong-arming his neighbors, and no one ever stops to wonder what gets mucked up in the process.

So: I said:

tell me in twenty-five words or fewer why relatively fungible non-commercial real estate should ever be thought of as an investment.

And Brian Brady said, in a comment to that post:

When it’s a 1-4 unit property, held for investment purposes.

Ten words. What am I missing?

What he’s missing is the definition of commercial real estate. If Brian owned 1-4 rental tuxedoes, should he call that his personal wardrobe? Just because the tax laws engender dumb distinctions, we don’t have to ignore reality, do we? Rental property — including a solitary rental house — is commercial real estate. It is owned in pursuit of profit, not as the residence of the owner.

So again:

tell me in twenty-five words or fewer why relatively fungible non-commercial real estate should ever be thought of as an investment.

The answer is that it should not. Hundreds of thousands of elderly people are going to suffer because — at the bidding of the National Association of Realtors — they took their eye off the ball. There is nothing rare about a tract home. If it gains in value ahead of other consumer goods, there has to be a cause — usually one that originates in the criminal use of force against people innocent of all wrong-doing.

As we have discussed, the precipitating cause of the real estate boom in the southwest was criminal land-use restrictions in the costal metroplex of Southern California. The land there is not inherently scarce, but governments made its development difficult or impossible, driving prices up faster than they would have gone otherwise. Investors falsely believed Read more

Prometheus without forethought: Using the Bloodhound meme to bring clients around to a conversation about quality in real estate

My mind is alive with themes for BloodhoundBlog posts that I’m not writing — the Principle of the Yes Man and the Elephant on the Balcony and Prometheus the Mind-Giver. I’d write more, except my having written so much over the past three years is paying off in spades — in diamonds, as it were.

But in the comments to Chuck Marunde’s marvelous post on the ubiquity of the part-time Realtor, the idea of improving the quality of practitioners came up again.

We’ve been through all of this many times before, and a search of the archives on the terms “licensing” should prove enlightening. But this is the Cliff’s Notes on my own position on the topic: Licensing laws serve only to enshrine mediocrity by implying that minimum standards are adequate and sufficient. To the contrary, a higher standard of care among real estate professionals will be achieved not by stricter licensing laws, and not by the National Association of Realtors, but by the persistent application of market-borne pressure. In other words, a higher quality of service among real estate professionals will come about when superior practitioners raise the bar — and tell the world they have done so.

To which sentiment I will amend this addendum: Ahem!

This is the BloodhoundBlog mission, of course, and, at our third anniversary, I wrote about how proud I am that the word “Bloodhound” has become a de facto meme for quality in the practice of real estate.

And: Nothing exceeds like excess. Anything worth doing is worth over-doing. So I’ve made a little button you can put on your web site or weblog, if you like, to spark a Bloodhound-like conversation. That much is the Elephant at the Dining Room Table: Your clients aren’t thinking about quality because the state and the NAR have schooled them to look for meaningless imprimaturs instead. If you want for your clients to be able to identify the better from the worse, you have to initiate the conversation with them. The buttons you see below can help you get that discussion started.

Witness:

160 pixels square:

We're Bloodhounds. We teach our clients to demand better service from real estate professionals.

Rotarian Socialism in action: Taking lessons from the NAR and the NAMB, Wal-Mart is using compulsory health insurance as a weapon to destroy its smaller competitors

Today is July the Second, the date of the actual drafting of the Declaration of Independence. By now the United States is just another National Socialist oligarchy, a savage jungle of predatory pressure groups, each one looking to plunder the national treasury at the expense of all the others, each one hiding behind an elaborate camouflage of high-blown rhetoric.

Whatever the putative purpose of some piece of legislation, the actual purpose is to advantage some pressure groups to the disadvantage of others. The putative purpose and the high-blown rhetoric are for the children — for the dumb-ass voters, that is — while the legislators and the lobbyists know that its all a matter of getting in enough snout-time at the public trough.

Freedom means freedom from government — nothing else. We trade our freedom away a drop at a time, like a never ending blood transfusion, never pausing to think that the pigs at the trough might not stop at just a little blood, might not stop at the replacement rate, might not stop until every drop of blood, every dollar of excess production and every last liberty of the American people are completely exsanguinated.

The American patriots bellowed, “No taxation without representation!” We have since learned that this actually means, “We yearn to be fools and jackals in our own behalf!” And the cackle we deliver up to black humor is a premonitory death rattle. For it is obvious that the man being taxed is not represented, and the man with his snout in the taxpayer’s trough is represented in ways you know nothing about.

Consider this atrocity of Wal-Mart’s, a company once deserving of great respect, brought to us by Cato @ Liberty:

A couple of years ago, I shared a cab to the airport with a Wal-Mart lobbyist, who told me that Wal-Mart supports an “employer mandate.”  An employer mandate is a legal requirement that employers provide a government-defined package of health benefits to their workers.  Only Hawaii and Massachusetts have enacted such a law.

I couldn’t believe what I was hearing.  Wal-Mart is a capitalist success story.  At the time of our conversation, Read more

Google Wave Goodbye Real Estate Brokerage As We Know It?

I found some time to check out the Google Wave Developer preview on youtube a few days ago. And darn if I haven’t thought to myself: “This’ll be way easier and more fun to do once Wave comes” at least 10 times since.

So here are some possible applications that have crept into my head. Keep in mind these are all based on the little “taste” this “junkie” got from the preview video, so I’m not even sure a few of these will be doable, but what better place to toss this stuff out than here at BHB?

What Will Change In Real Estate Brokerage Once Google Wave Takes Over The World?

Single Property Websties
I imagine a Wave template that pictures, documents, videos, maps, etc are all dragged into from the desktop or the web. I’m assuming here that we’ll then be able to purchase a domain name for each property and map it to a public url for the “public” version of the wave.

Listing and Conveyancing Folders
Save the trees baby! Can you see creating a wave for a listing or pending sales folder, then inviting other parties to the transaction to participate in the Wave? Need a copy of the Seller’s Disclosure? It’s in the Wave? How about the listing contract? In the Wave. (But only sharable to parties who should see it.)

Buyer Presentations?
Got a new buyer. Drag in the pre-approval letter. Add some links to the Wave MLS Single Property Pages for the listings you’ll be touring tomorrow. Answer the buyer’s questions about agency, marketing conditions, financing, or whatever, from right within the wave, in real time! Heck, even drag in those Google Voice Text Transcriptions! Can you imagine how comprehensive this search-able record of the whole interaction from web lead to settlement will be? Don’t do or say anything stupid! It’ll be in the Wave! (And don’t try to delete your shannanigans either, cause Wave records all edits. Freaky…)

Company Training / Office Procedures / Systems Manuals
Alive, breathing, dynamic, EASILY ENHANCED AND IMPROVED UPON …. In a Wave!

Company Intranet?
Wave. Enough said?

Niche Blogs Read more

To Catch a Theme: The NAR can’t evolve, but that shouldn’t stop you

I’ve had reason to be contemplative for the past few weeks and it’s given some small inklings an opportunity to germinate and link together into bigger ideas. Given the nature of BloodhoundBlog, I’m hoping a couple of bigger brains who read and write here, will help me get a better grasp on what is still a bit foggy in my mind- help me fill in the gaps.

My brain has made a leap of sorts, into the future of the business, and I think we are getting it wrong. That is, what we think about, if we think about the future of the real estate business at all, may not be quite right.

First, the real estate industry is a bit behind, no offense, but I’m thinking that we bluster and bellow about stuff that really isn’t relevant, or, by the time we grasp the idea, another idea has pushed that idea into the past. What am I talking about? I’m talking about information and how it’s driving us to change the way we do business. Here’s what I’m thinking: We are not in control of information, I believe information is in control of us. That is, we are becoming conduits for information- I don’t know how else to describe what I see happening, but maybe a few examples.

Remember transparency? Transparency has nothing to do with pulling down your boxers. It’s simply about information. But not information about you. See, it’s not about you. And it’s not personal, so don’t panic, and it doesn’t matter if you like it, don’t like it, wanna share, don’t wanna share. Nope, none of that matters, because what is happening is that with or without you, information about how we do business, everything about how we do business, is about to be shared. Again- it’s not about you, it’s just information, but it’s all about information, and we are not in control of information. We are conduits, pathways, carriers of informational memes. That’s all, and it’s not about you personally.

Except. It is about how valuable you are at sharing information. How expert you are at giving away Read more

Darwin and the Notorious NAR

One of the most powerful outcomes of attending an REBarcamp isn’t necessarily attending the many great discussions during the day, but the great conversations and discussions which take place over a beer after the meeting is over.  I also believe that REBC – now after experiencing yesterday’s REBCCHI – is the real personification of a virtual tool – a living and breathing example of how Twitter converts 140 characters into 140+ face to face meetings and discussions.  Followers carry more weight when they transform from the virtual world to the real world.

For me, the most meaningful discussion took place at the end of the day.  Todd Carpenter, NAR’s Social Media Guru, invited the CEO of NAR, Dale Stinton, to share his thoughts and address questions posed by the group.  His initial stance was somewhat defensive, however, during his discussion I gained a somewhat different perspective regarding the challenges that NAR is seeking to address and overcome.

NAR’s largest challenges is to address the needs and the ranks of the young professional.   Attempts by NAR to try to level the playing field may be difficult because of entitlement issues with older members.  Of the 1,500 boards throughout the country, 200 or so wield the most power.  Many of the larger, more influential boards may not embrace attempts to level the playing field for younger, more independent brokers.  Hence, Dale encouraged everyone to get involved in the boards to influence change.

I think NAR is evolving.

Come the end of 2009, NAR is rolling out two intiatives that have been more than a few years in development:

  1. RPR – Real Property Repository – to all NAR members, a database consisting of the property attributes including tax records etc. for 70 million properties in the US, allowing members to provide comments and additional information to the unique property description.
  2. A consumer focused website, equivalent to Realtor.org.  It is NAR’s response to providing everything a consumer needs to know about real estate.  Again, consumer focused versus member focused.

Timeline again for both is slated for fourth quarter, 2009.

Okay – so now RPR appears to be an almost national MLS, provides data Read more

What If The Real Estate INDUSTRY Didn’t Control The Real Estate Market?

I have the heart of a trader.  If you read Mortgage Rates Report, you know that I’m fascinated with the forces that make markets move up, down or not at all.  One of the things I’ve noticed, since I started writing on Bloodhound Blog, is that the real estate industry is:

That lopsided opacity was the real reason for the eventual implosion of the real estate market. We hid market information from the buyers while the Baby Boomers moved through the home ownership life cycle.   A huge generation, yearning for “The American Dream of Homeownership”, assured strong demand for houses in the post-World War Two housing boom.  Banks were all too happy to hand out money, even when forced to lend by the Government.  Lew Ranieri saw a 25-year boom ahead and found a way to create a shadow banking system that could “bury bad loans”.  Any agent dealing with a short sale understands the problem of buried loans because she’s heard:

“Well, we aren’t quite sure WHO owns this loan”

Kind of sounds like the forensic audit of Bernie Madoff’s books, doesn’t it?  That’s what you hear when the jig is up on a Ponzi scheme:  confusion, wagon-circling, and practiced deflection.  It eventually catches up with the schemers.  I’m firmly in the camp that no matter how many incentives we offer to stave off the inevitable forced sales, or to provide a middle-class tax cut, or to bribe the next generation of buyers, the simple fact remains that we have more houses than we need in this country…and the people just ain’t buying like they used to.

It’s partly the National Association of REALTORs fault.  They’ve hoarded supply data and intentionally suppressed demand data since inception.  Suppressing the demand data resulted in a valuation system that relied on false positives (comparable sales) as a standard that contributed to the Ponzi-like atmosphere in the real estate market.   Think about it.  When we ask agents about rising demand, they point to dwindling supply as a measure of it.  Read more

Is Rice A Roni Really a San Francisco Treat?

Just think about my disappointment when I entered a prominent San Francisco eatery seeking the most coveted food stuff, only to find it was neither a specialty nor an item on the menu!

Yet again, I was bamboozled.

What ever happened to truth in advertising?

Perhaps my San Francisco mishap taught me to be perhaps a bit less gullible.  When I see a claim, even a statement of fact, I figure it might be important to do some more digging.

Let’s take NAR’s recent press release regarding Pending Home sales, up 6.7% from a year ago last year.  Sounds encouraging – and let’s face it, we all could use encouraging news.  But what does the increase really mean?

Let’s take a look at the data behind the aggregated index of 6.7% that NAR published:

NAR Pending Home Sales Index

NAR Pending Home Sales Index

While 6.7% sounded encouraging, I am not necessarily convinced that it means we are anywhere near out of the woods.  Why?  Because if you look at the seasonally adjusted for the West and South, areas that have the highest concentrations of inventory and loss of value, the numbers don’t seem to be telling the same encouraging news.

Here’s why.  Take Las Vegas for example:

Single Family Home Inventory in Las Vegas per Altos Research

Single Family Home Inventory in Las Vegas per Altos Research

There are about 15,661 properties on the market in LAS VEGAS as of June 07, 2009.

How about Phoenix:

Single Family Home Inventory in Pheonix per Altos Research

Single Family Home Inventory in Pheonix per Altos Research

There are about 7,816 properties on the market in PHOENIX as of June 07, 2009.  Definitely making progress, but still a fairly long way to go.

What about Miami?

Single Family Home Inventory in Miami per Altos Research

Single Family Home Inventory in Miami per Altos Research

There are about 8,450 properties on the Read more

What would it take to reform the National Association of Realtors, to turn it from an anti-consumer cartel into a steadfast defender of the right of American citizens to own, use and enjoy real property?

Joe Loomer: > what could and should NAR do to dispell your views of it as a criminal enterprise?

In very broad outlines:

1. Stop writing and lobbying for legislation devised to churn the real estate markets.

2. Work tirelessly to eliminate all laws that serve to advance the interests real estate brokers at the expense of consumers in general as well as other people who might want to broker real estate for compensation.

3. Eliminate all coercive membership requirements.

4. Work with lenders and HUD to eliminate the co-brokerage fee so that buyers can obtain — and pay for — true, honest, untainted representation.

5. Work tirelessly to eliminate all laws impinging upon the right of each citizen to buy, own, use, enjoy, profit from and sell real property without interference.

For what it’s worth, I think number 5 is the greatest betrayal of the American people by the National Association of Realtors. Zoning? The NAR is for it. Eminent domain? The NAR is for it. Expropriation of ancillary rights such as water rights? The NAR is for it. At the national level, the grand poohbahs might issue a toothless snarl about Kelo, but at the local level, the Boards of Real Estate that make up the NAR are always working hand-in-pocket with governments and developers to rob ordinary citizens of their right to own their own property.

Soldiers are to be found everywhere in history, but freedom is won and held by citizen soldiers — which means a soldier who has his own land to return to when the fighting is done. By undermining the right to own real property, the NAR works — insidiously, corrosively — to undermine American liberty.

And, for what it’s worth, if the NAR were to apply itself and achieve item number 4 on my list, none of the rest would matter. More than anything else, the NAR and the MLS are made possible by the co-broke. Get rid of that and the rest of this ugly mess will crumble to dust in due course.

No more free lunch! Understanding the National Association of Realtors — all the way down to your bones…

Michael DiMella wrote the remarks quoted below in a comment, but I’ve extracted them and my responses to him into a separate post.

The meta issue is this: Is the NAR a criminal conspiracy against consumers, and, whether or not it is, is there nothing else good about it?

Michael DiMella: > you seem to have a thorough unwillingness to learn what NAR actually is and does.

That’s astoundingly false. I have written more about the NAR’s criminality than anyone, ever. You may not want to focus on that, but criminality is NAR’s sole reason for being. Everything else it might do is window dressing devised to fool the public — and gullible patsies within the NAR.

> That doesn’t make you a bad guy, but I, for one, would appreciate a modicum of respect.

Good grief. I will offer you and the NAR the oath of respect Fiorello LaGuardia paid to a similar criminal mob when he was inaugurated as Mayor of New York: “E finita la cuccagna!” (“No more free lunch!”)

> To [eliminate mortgage interest deductibility without comprehensively revising the tax code] would be careless and have a major negative impact on a majority of Americans.

False. The deductibility of mortgage interest is a handout to the rich. I’m opposed to all taxation, but it is absurd to argue that the wealthiest Americans cannot afford to bear their own economic weight. In any case, as is discussed below, using tax policy to favor one group over another, thus artificially to churn the markets, is vicious and wrong no matter who is hurt or helped.

The next argument would be that, in a condition of pressure-group warfare, to lay down arms is suicidal. That’s as may be, but, in order to make this argument, you must first argue that there can be circumstances in which you feel yourself justified in expropriating other people’s property — stealing, that is — for your own benefit. Are you an advocate of theft? Did I hear you say something about wanting respect?

> I would say NAR’s support of the MID is well intentioned to protect consumers

The sole purpose of the mostly Read more

NAR midyear: They’ve got a lot of what it takes to get along

Did midyear throw you for a few loops? Why?

We real cool, but for all our coolness, our cutting edginess, our self-important bellowing, we belong to an enormous *ahem* trade organization. So step back a moment and let me break it down for you.

A trade organization exists to represent its members.

All decisions it makes will be in the best interest of the majority of its members. Why? Because a trade organizations exists to represent its members. The end.

If you are not in the majority then your edgey place represents one of two things to a trade organization: Something to be ignored, or something to be absorbed. There are no buts.

“But they twitter!”

“But they leave comments on my blog!”

“But I met them at REBC and they were nice!”

They represent their members. They speak on behalf on their members. You may wish and hope and want to believe that things are different, however, facts is facts. It is what it is.

Meanwhile, how about those “Transaction Fees“? I don’t pass transaction fees on to my clients. I would hate it if it happened to me. So as the NAR creates a song and dance regarding Busby v. JRHBW Realty, Inc. (members only, sorry) thereby protecting the majority of its members, here’s a little toe-tapping number dedicated to the wackadoodle world of the NAR. Appropriately, she’s singing in pig latin!