Comments on: There’s always a next time. http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/ A San Diego Real Estate Web Log Fri, 05 Dec 2008 08:43:39 +0000 http://wordpress.org/?v=2.5 By: The Odysseus Medal competition — Voting for the People’s Choice Award is open | BloodhoundBlog: Real estate marketing and technology blog | Realtors and real estate, mortgages, lending, investments http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-145068 The Odysseus Medal competition — Voting for the People’s Choice Award is open | BloodhoundBlog: Real estate marketing and technology blog | Realtors and real estate, mortgages, lending, investments Mon, 24 Dec 2007 02:04:05 +0000 http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-145068 [...] — Bumper stickers, How do I really feel about that, I wonder?Kris Berg — Next time, There’s always a next time.Doug Quance — Musical chairs, Musical Chairs With Brokerage SignsJay Thompson — Web 2.0, [...] […] — Bumper stickers, How do I really feel about that, I wonder?Kris Berg — Next time, There’s always a next time.Doug Quance — Musical chairs, Musical Chairs With Brokerage SignsJay Thompson — Web 2.0, […]

]]> By: Sven http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144575 Sven Fri, 21 Dec 2007 00:17:22 +0000 http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144575 It would need to be connected directly to property sales. Similiar to how feedback works with Ebay. Otherwise, people would just hype themselves up with made up names, and competitors would bad mouth competition. Specifically, you would have one survey every time you buy or sell a property that you would enter in. You could only do that specifically at closing. The tricky part is that ebay can control everything because it controls the transaction. In the case of real estate, you have multiple title companies. The only way it would truly work is if the title companies were required by law to request feedback from the individual buyer and seller and send information received to a government reporting office. (i.e. the county recorder, where that survey would become public knowledge tied to the property sale itself) That would allow third party companies to spider this information on all the different county sites and create centralized, searchable repositories of the information. The survey gathered would have different sections for the mortgage company used, the agent (if they used one), etc... A special law would also have to be added that would make it basically impossible to sue for liebal for information that is entered in the surveys. Picture being able to look up every transaction a real estate agent has been involved in and all the feedback for those transactions. I honestly believe it would make all agents do a better job just knowing that their feedback rating and future business is on the line. Obviously, for privacy reasons, the survey wouldn't mention the buyer/seller's name, and it would be completely optional. It would need to be connected directly to property sales. Similiar to how feedback works with Ebay. Otherwise, people would just hype themselves up with made up names, and competitors would bad mouth competition. Specifically, you would have one survey every time you buy or sell a property that you would enter in. You could only do that specifically at closing.

The tricky part is that ebay can control everything because it controls the transaction. In the case of real estate, you have multiple title companies. The only way it would truly work is if the title companies were required by law to request feedback from the individual buyer and seller and send information received to a government reporting office. (i.e. the county recorder, where that survey would become public knowledge tied to the property sale itself) That would allow third party companies to spider this information on all the different county sites and create centralized, searchable repositories of the information.

The survey gathered would have different sections for the mortgage company used, the agent (if they used one), etc… A special law would also have to be added that would make it basically impossible to sue for liebal for information that is entered in the surveys.

Picture being able to look up every transaction a real estate agent has been involved in and all the feedback for those transactions. I honestly believe it would make all agents do a better job just knowing that their feedback rating and future business is on the line.

Obviously, for privacy reasons, the survey wouldn’t mention the buyer/seller’s name, and it would be completely optional.

]]> By: Michael Price http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144232 Michael Price Wed, 19 Dec 2007 20:19:37 +0000 http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144232 Why wait for divine intervention to execute your vision? You've already written more of a business plan in this single blog post than most brokers do before they hang a shingle. Go for it. ~MP Why wait for divine intervention to execute your vision? You’ve already written more of a business plan in this single blog post than most brokers do before they hang a shingle. Go for it. ~MP

]]> By: Kris Berg http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144139 Kris Berg Wed, 19 Dec 2007 03:32:30 +0000 http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144139 Sven - I have seen that tried. How do you filter the competitors trash talking the competition? Not saying it is a bad idea, but just wondering. Sven - I have seen that tried. How do you filter the competitors trash talking the competition? Not saying it is a bad idea, but just wondering.

]]> By: Sven http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144138 Sven Wed, 19 Dec 2007 03:26:22 +0000 http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144138 What we really need is a RateMyRealtor.com, similar to RateMds.com or RateMyProfessor.com. A third party rating service that people can use to quickly find out which agents are a waste of time. What we really need is a RateMyRealtor.com, similar to RateMds.com or RateMyProfessor.com. A third party rating service that people can use to quickly find out which agents are a waste of time.

]]> By: Phil Hoover http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144137 Phil Hoover Wed, 19 Dec 2007 00:54:55 +0000 http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144137 I tried to get through that, Kris, but I had to leave to go out and hand out refrigerator magnets in my farm area :( I tried to get through that, Kris, but I had to leave to go out and hand out refrigerator magnets in my farm area :(

]]> By: Norm Fisher http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144136 Norm Fisher Wed, 19 Dec 2007 00:52:53 +0000 http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144136 You are a brilliant woman! People like you make me feel proud to be an agent. Thank you for your tremendous leadership. You are a brilliant woman! People like you make me feel proud to be an agent. Thank you for your tremendous leadership.

]]> By: Kris Berg http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144135 Kris Berg Tue, 18 Dec 2007 22:20:32 +0000 http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144135 Why, thank you, Bob! It amazes me how all agents, even rookie agents, are encouraged to hand all of their transactional laundry to the TC and consequently don't have the foggiest notion of how the process truly works. Why, thank you, Bob! It amazes me how all agents, even rookie agents, are encouraged to hand all of their transactional laundry to the TC and consequently don’t have the foggiest notion of how the process truly works.

]]> By: Bob http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144134 Bob Tue, 18 Dec 2007 22:02:54 +0000 http://sandiegohomeblog.com/2007/12/18/theres-always-a-next-time/#comment-144134 "No agent will be allowed to even think about paying (or having their clients pay) a Transaction Coordinator to manage their paperwork until they have done it themselves, start to finish, and a minimum of six times. Veteran agents will be required to self-manage at least one transaction per year as continuing education." The single most intelligent proposal I have read this year. “No agent will be allowed to even think about paying (or having their clients pay) a Transaction Coordinator to manage their paperwork until they have done it themselves, start to finish, and a minimum of six times. Veteran agents will be required to self-manage at least one transaction per year as continuing education.”

The single most intelligent proposal I have read this year.

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