Comments on: 96 hours later – Innovation http://www.1000wattconsulting.com/blog/2008/01/96-hours-later.html Turn On Fri, 19 Mar 2010 00:26:02 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Joshua Ferris http://www.1000wattconsulting.com/blog/2008/01/96-hours-later.html/comment-page-1#comment-2014 Joshua Ferris Sat, 19 Jan 2008 19:49:57 +0000 http://wp.1000wattconsulting.com/2008/01/96-hours-later.html#comment-2014 <p>Marc,</p> <p>Trust me, it's in the works. All real estate needs is a little "Gen Y". :)</p> Marc,

Trust me, it's in the works. All real estate needs is a little "Gen Y". :)

]]> By: Marc Davison http://www.1000wattconsulting.com/blog/2008/01/96-hours-later.html/comment-page-1#comment-2013 Marc Davison Sat, 19 Jan 2008 17:48:48 +0000 http://wp.1000wattconsulting.com/2008/01/96-hours-later.html#comment-2013 <p>"So this industry is ripe for a innovator to change the way real estate is bought & sold."</p> <p>Seems like every time an innovator does comes along the industry screams foul. But honestly, seems like what needs to happen is the industry as an whole needs to innovate. This "independent, I can do whatever I want" thing has maybe run its course. </p> <p>As long as there are now RET standards in place, maybe the door for other standards can be opened and discussed -- ones that never leave a seller or buyer hanging so far out to dry like what happened here. </p> <p>Maybe it's wishful thinking. <br /> </p> "So this industry is ripe for a innovator to change the way real estate is bought & sold."

Seems like every time an innovator does comes along the industry screams foul. But honestly, seems like what needs to happen is the industry as an whole needs to innovate. This "independent, I can do whatever I want" thing has maybe run its course.

As long as there are now RET standards in place, maybe the door for other standards can be opened and discussed — ones that never leave a seller or buyer hanging so far out to dry like what happened here.

Maybe it's wishful thinking.

]]> By: Doug Humphrey http://www.1000wattconsulting.com/blog/2008/01/96-hours-later.html/comment-page-1#comment-2012 Doug Humphrey Sat, 19 Jan 2008 17:01:59 +0000 http://wp.1000wattconsulting.com/2008/01/96-hours-later.html#comment-2012 <p>After chasing down web sites and checking facts, the home has 13 pictures on the broker's web site. But the agent is not listed anywhere, the DRE states that she has had her license for about 5 years and employed by the broker and the price has been reduce to a little over $2.1M. How a client can find this is beyond me. Just because I'm the industry and know how to search the web, I found what I needed. But that still does not absolve the broker from his duties to promote and market the listing. Unfortunately, I don't know the area and networks may be the way to sell properties, but in my area which has cookie-cutter homes, the Realtor just adds to the noise if this is their method of marketing. You can tell the photos were done by the agent, no virtual tours and very poor marketing material. So this industry is ripe for a innovator to change the way real estate is bought & sold.</p> After chasing down web sites and checking facts, the home has 13 pictures on the broker's web site. But the agent is not listed anywhere, the DRE states that she has had her license for about 5 years and employed by the broker and the price has been reduce to a little over $2.1M. How a client can find this is beyond me. Just because I'm the industry and know how to search the web, I found what I needed. But that still does not absolve the broker from his duties to promote and market the listing. Unfortunately, I don't know the area and networks may be the way to sell properties, but in my area which has cookie-cutter homes, the Realtor just adds to the noise if this is their method of marketing. You can tell the photos were done by the agent, no virtual tours and very poor marketing material. So this industry is ripe for a innovator to change the way real estate is bought & sold.

]]> By: Marc Davison http://www.1000wattconsulting.com/blog/2008/01/96-hours-later.html/comment-page-1#comment-2011 Marc Davison Sat, 19 Jan 2008 09:02:36 +0000 http://wp.1000wattconsulting.com/2008/01/96-hours-later.html#comment-2011 <p>Great points all around. </p> <p>Since I am coming at this from a consumer's mindset my only question about this is... if an agent only gets 3 pics, why post a stairway and a bathtub? </p> <p>All the other things, I can discount as things the agent is unaware of. But basic common sense would suggest posting a kitchen, a master b, entry way or great room right? </p> Great points all around.

Since I am coming at this from a consumer's mindset my only question about this is… if an agent only gets 3 pics, why post a stairway and a bathtub?

All the other things, I can discount as things the agent is unaware of. But basic common sense would suggest posting a kitchen, a master b, entry way or great room right?

]]> By: Victor Lund http://www.1000wattconsulting.com/blog/2008/01/96-hours-later.html/comment-page-1#comment-2010 Victor Lund Sat, 19 Jan 2008 08:22:05 +0000 http://wp.1000wattconsulting.com/2008/01/96-hours-later.html#comment-2010 <p>Marc,</p> <p>Garbage in, garbage out.</p> <p>The problem could be with the Real Estate book rather than the Agent who is getting lambasted on your blog. Try the broker or agent website and see if you get a different result.</p> <p>I think that you may be uncovering the problem with data sharing gone amuck among companies sharing data outside of RETS/MLS data sharing agreements.</p> <p>Since the data came from the Real Estate Book, the home may have been sold or prices may have changed. That is a monthly publication.</p> <p>The reason there are only 3 photos is because that would be about the maximum you could put on one of those tiny ads.</p> <p>Your consumer view is very accurate. They do not know about any of these issues or care about any of these issues. They go to a website where a listing is displayed by an agent and expect something to happen when they ask a question.</p> <p>I think that it is very dangerous to an Agent or Broker reputation to allow their print listings to be displayed and redistributed by the publisher.</p> Marc,

Garbage in, garbage out.

The problem could be with the Real Estate book rather than the Agent who is getting lambasted on your blog. Try the broker or agent website and see if you get a different result.

I think that you may be uncovering the problem with data sharing gone amuck among companies sharing data outside of RETS/MLS data sharing agreements.

Since the data came from the Real Estate Book, the home may have been sold or prices may have changed. That is a monthly publication.

The reason there are only 3 photos is because that would be about the maximum you could put on one of those tiny ads.

Your consumer view is very accurate. They do not know about any of these issues or care about any of these issues. They go to a website where a listing is displayed by an agent and expect something to happen when they ask a question.

I think that it is very dangerous to an Agent or Broker reputation to allow their print listings to be displayed and redistributed by the publisher.

]]> By: Christian Sterner http://www.1000wattconsulting.com/blog/2008/01/96-hours-later.html/comment-page-1#comment-2009 Christian Sterner Fri, 18 Jan 2008 21:27:47 +0000 http://wp.1000wattconsulting.com/2008/01/96-hours-later.html#comment-2009 <p>Rockland County Bakery...use to ride up there with my Papa from Montvale (my mom's hometown). Great place! I still remember the smell, and the crazy bread rack action that never stops.</p> Rockland County Bakery…use to ride up there with my Papa from Montvale (my mom's hometown). Great place! I still remember the smell, and the crazy bread rack action that never stops.

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