Jeremy Wacksman
๐ค SpeakerAppearances Over Time
Podcast Appearances
I have to do a whole bunch of work, but I'm going to be selling my home when the spring selling season comes, so I should start to tell people about it.
That's a version of windowing.
The common theme across all those is,
a company is not choosing which customers can get access to the stuff and making it broadly available for some, but not for others, which can lead to all kinds of bad behavior.
And you're not telling the seller that by doing so you're going to get even more money, right?
If you're going to forego some demand that you'll somehow increase price.
That's, that's the only thing we say, well, Hey, if you want to do that, like we don't want those listings.
I mean, we reconcile it by what's best for the seller.
I mean, that's, again, that is honestly, if we ask 90% of sellers, do you want to do something different?
And they said that, we'd go work on that.
But you ask sellers differently.
Do you want to broadly market your home?
Do you want to sell faster and for more money by public marketing?
And they say, yes.
And by the way, agents do too.
And I think that's part of the other nuance of this industry that folks don't quite get is a lot of these industry machinations are between the brokers and the MLSs and the associations and NAR and all the legal work.
The industry is actually run by over a million independently licensed real estate professionals who are independent contractors.
And so they inherit a lot of benefits from the companies they affiliate with, but they make their own decisions.
And they are fiduciaries in many cases, and they are supposed to disclose the benefits and risks of how you go sell your good to your buyer and seller.
So that's what we're trying to help support.