Reynolds Bickerstaff Talking Real Estate Category
When Will Zillow Replace Our MLSs?
Posted on February 18, 2012 6 Comments
Is Zillow, the #2 real estate website, slowly positioning itself to replace our MLSs?. The first sign appeared when Zillow acquired Diverse Solutions in November 2011. I stumbled upon this news while speaking with Diverse Solutions about providing the IDX (Internet Data Exchange) for our company website. The IDX allows Real Estate Brokers to publicly display […]
People Don’t Buy Based on Logic
Posted on February 10, 2012 Leave a Comment
Why do Real Estate Agents convince themselves, that all consumers buy/sell real estate, based on logic? We tend to focus on a real estate related topic, rather then a personality trait or specific interest. People don’t buy based on logic. They respond to EMOTION. Disney has a great example of how logic can be your […]
How Much Would You Pay For a View?
Posted on January 27, 2012 Leave a Comment
How Much Would You Pay For This View? The current owner is asking $1,150,000.
Low Mortgage Rates and Low Home Prices = Low Confidence?
Posted on January 13, 2012 Leave a Comment
30 year fixed mortgage rates are hovering around 3.90% and home prices are back down around 2001 levels. So how low is consumer confidence? Some surveys compare consumer confidence to levels not seen since the 1980’s. Ouch! What is the first step in rebuilding consumer confidence in the housing market? Getting our Government out of […]
Why is my Zestimate lower then my asking price?
Posted on January 5, 2012 5 Comments
Several clients have recently asked me about their home’s Zestimate. Just yesterday I received an email, from a very excited client, who informed me his Zestimate increased a few thousand dollars. Did the Zillow Fairy stop by his home last night to update the home valuation while he was sleeping? I hope not, the Zillow […]