If your idea of real estate makes “Jack a dull boy”, please turn back now. I believe that if we can’t have a laugh once in awhile, we’re nothing more than stuffed shirts who take ourselves way too seriously. I am dead serious about my business, but I can also have a laugh with my friends, clients, and fellow agents. You have been warned.
I was a rockstar. You’re probably all tired of hearing it, but the fact is I spent fourteen years of my life living, eating, breathing, and punishing my body and mind for the cause of rock and roll. I have the scars to prove it. I was never as cool as Scott Ian or Yngwie Malmsteen, but I watched 100,000 people sing along and rock out with me in one sitting. If you ever get the chance to perform for that many people at once, I suggest you take it, it will blow your mind. The rock and roll world is often one that is misunderstood and the perception that the public holds for rockstars has always been a bit skewed. I was reminded of this when I heard an agent talk about the public’s perception of what we do and how we live as real estate agents. A post was born.
This post is for Lani Rosales, who’s excitement over the thought of this post spurred me to write it. I only hope it doesn’t disappoint. And for Gwen Banta – although my post will never make anyone laugh like she can, I aspire to be able to get half a chuckle like she gets guffaws. And last but not least, this is for Ken Brand. A man who confuses, entertains, excites, and educates me all at once. If I could write like him, I would need far fewer words.
How can two industries so different be so alike?
Although there may be many difference between us, Realtors® and rockstars aren’t all that dissimilar. The two professions are more intertwined than you may think, so here’s some food for thought:
Rockstars are independent business people, agents are too.
Rockstars have to perform to survive, agents need to perform or their brokers will let them go.
Rockstars show up in shorts to work, agents work short sales.
Rockstars sign autographs for fans, agents get referrals from them.
Rockstars like to stay up late and party, agents get to stay late with all parties involved to solve the issue.
Rockstars get catering backstage, agents get catered lunches at new home communities.
Rockstars show up to work with a beer in hand, agents network even if they have a mojito in their hand.
Rockstars have funny haircuts, agents often have business cards with photos from the 80s (need I say more?).
Rockstars live on a tourbus, agents live in their cars.
Rockstars sign contracts with major labels, agents write them for stick “Sign Here” labels on them.
Rockstars pay ridiculous amounts for insurance so they don’t get sued, agents do too.
Rockstars don’t get health care, agents wish they did.
Rockstars buy fancy houses in the Hollywood Hills, agents get to sell them.
Rockstars often think their fame will never end, agents thought the heady days of outrageous sales numbers would never end.
Rockstars can say whatever they want in an interview, agents can say anything they want as long as it doesn’t violate the Code Of Ethics, Fair Housing Laws, state law, local board regulations, or your broker’s rules.
Rockstars get to see naked people backstage, agents see them at showings.
Rockstars have gold records on their walls, agents get a gold Realtor® pin and a sales award.
Rockstars get offered drugs, agents keep a steady supply of Tylenol at the ready.
Rockstars can’t wait to get home, agents can’t wait to sell them.
And thanks to public perception, this one will always be my favorite…
All rockstars are rich, live in mansions, and own a fleet of Bentleys, all agents make a killing on each sale, but drive economical cars so that they look poor and the public takes pity on them.
Just a few observations, I’m sure there are more. Can you think of any ways that agents and rockstars are the same? Imagine how fun you’ll be at your next sales meeting when you can compare the two professions and say you learned it from a real life rockstar (no one said you had to tell them I was b-list)?
Austin tops the list of best places to buy a home
When looking to buy a home, taking the long view is important before making such a huge investment – where are the best places to make that commitment?
Looking at the bigger picture
(REALUOSO.COM) – Let us first express that although we are completely biased about Texas (we’re headquartered here, I personally grew up here), the data is not – Texas is the best. That’s a scientific fact. There’s a running joke in Austin that if there is a list of “best places to [anything],” we’re on it, and the joke causes eye rolls instead of humility (we’re sore winners and sore losers in this town).
That said, SelfStorage.com dug into the data and determined that the top 12 places to buy a home are currently Texas and North Carolina (and Portland, I guess you’re okay too or whatever).
They examined the nerdiest of numbers from the compound annual growth rate in inflation-adjusted GDP to cost premium, affordability, taxes, job growth, and housing availability.
“Buying a house is a big decision and a big commitment,” the company notes. “Although U.S. home prices have risen in the long term, the last decade has shown that path is sometimes full of twists, turns, dizzying heights and steep, abrupt falls. Today, home prices are stabilizing and increasing in most areas of the U.S.”
Average age of houses on the rise, so is it now better or worse to buy new?
With aging housing in America, are first-time buyers better off buying new or existing homes? The average age of a home is rising, as is the price of new housing, so a shift could be upon us.
The average home age is higher than ever
(REALUOSO.COM) – In a survey from the Department of Housing and Urban Development American Housing Survey (AHS), the median age of homes in the United States was 35 years old. In Texas, homes are a bit younger with the median age between 19 – 29 years. The northeast has the oldest homes, with the median age between 50 – 61 years. In 1985, the median age of a home was only 23 years.
With more houses around 40 years old, the National Association of Realtors asserts that homeowners will have to undertake remodeling and renovation projects before selling unless the home is sold as-is, in which case the buyer will be responsible to update their new residence. Even homeowners who aren’t selling will need to consider remodeling for structural and aesthetic reasons.
Prices of new homes on the rise
Newer homes cost more than they used to. The price differential between new homes and older homes has increased from 10 percent traditionally to around 37 percent in 2014. This is due to rising construction costs, scarcity of lots, and a low inventory of new homes that doesn’t meet the demand.
Are Realtors the real loser in the fight between Zillow Group and Move, Inc.?
The last year has been one of dramatic and rapid change in the real estate tech sector, but Realtors are vulnerable, and we’re worried.
Why Realtors are vulnerable to these rapid changes
(REALUOSO.COM) – Corporate warfare demands headlines in every industry, but in the real estate tech sector, a storm has been brewing for years, which in the last year has come to a head. Zillow Group and Move, Inc. (which is owned by News Corp. and operates ListHub, Realtor.com, TopProducer, and other brands) have been competing for a decade now, and the race has appeared to be an aggressive yet polite boxing match. Last year, the gloves came off, and now, they’ve drawn swords and appear to want blood.
Note: We’ll let you decide which company plays which role in the image above.
So how then, does any of this make Realtors the victims of this sword fight? Let’s get everyone up to speed, and then we’ll discuss.
1. Zillow poaches top talent, Move/NAR sues
It all started last year when the gloves came off – Move’s Chief Strategy Officer (who was also Realtor.com’s President), Errol Samuelson jumped ship and joined Zillow on the same day he phoned in his resignation without notice. He left under questionable circumstances, which has led to a lengthy legal battle (wherein Move and NAR have sued Zillow and Samuelson over allegations of breach of contract, breach of fiduciary duty, and misappropriation of trade secrets), with the most recent motion being for contempt, which a judge granted to Move/NAR after the mysterious “Samuelson Memo” surfaced.
Salt was added to the wound when Move awarded Samuelson’s job to Move veteran, Curt Beardsley, who days after Samuelson left, also defected to Zillow. This too led to a lawsuit, with allegations including breach of contract, violation of corporations code, illegal dumping of stocks, and Move has sought restitution. These charges are extremely serious, but demanded slightly less attention than the ongoing lawsuit against Samuelson.
2. Two major media brands emerge
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