The Sitzer v. NAR antitrust lawsuit has the potential to turn an industry-accepted compensation construct on its head. At stake in this case is whether four commission-sharing rules within the National Association of REALTORS® Handbook and Code of Ethics subscribed to by all REALTORS® amount to price-fixing. While I won’t get into all of the
In the last 10 years, home builders have been busy. But, housing supply doesn’t have a cartel like oil suppliers have OPEC. So, most builders & many city councils got overzealous & overbuilt inventory. As a result, months of supply from new construction is >400% that of resale units! So now, builders are stopping new
[Editor’s note: Originally published in the GEM as a Weekly Radar entry.] SYMBiHOM is a company in the Bay area that designs prefabricated garage to ADU conversionprefab kits that take less than 4 weeks to install. Based on the garage dimensions, ADUs can be a studio, 1-bedroom, or 2-bedroom living unit with a full bathroom
In this week’s founder interview, we’re bringing you Dalip Jaggi from Revive. Without further ado… Who are you and what do you do? Hey, I’m Dalip! I’m the co-founder of Revive Real Estate – a real estate solutions company that is focused on ways to help homeowners maximize the value of their home equity. This
They say time is money, which means time is our most valuable resource as landlords. In addition to being a real estate investor and landlord myself, I’m a CEO, an entrepreneur, a husband and a father. I am always, always, always looking for tools and technology that can help me streamline my workflow and give
The industry will convene in Los Angeles for iOi, the two-day conference on September 28th and 29th (next week!!), at the JW Marriot L.A. Live. NAR’s venture capital arm, Second Century Ventures, will present the Pitch Battle competition. Each entrant will conduct a live, 4-minute pitch on their product or service, followed by a 4-minute rapid-fire
[Editor’s Note: Below is the full text of our 225th Weekly Transmission, originally delivered direct to the inbox of more than 600 GEM members on August 31st, 2022.] Demographics are changing rapidly in the US, and business leaders are scrambling to ensure their organizations reflect these changes. As the focus on diversity, equity, and inclusion
[Editor’s Note: Below is the full text of our 226th Weekly Transmission, originally delivered direct to the inbox of more than 600 GEM members on September 8th, 2022.] In spite of new software innovations, the property management industry continues to focus on the number of units under management because it’s beholden to the property management
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Inspectify] Many lenders won’t offer financing on a home without a satisfactory home inspection, so it’s important for real estate professionals and homeowners to find the right home inspector. Enter Inspectify: A YC-backed managed marketplace streamlining the home
iOi is September 28th and 29th in downtown Los Angeles (grab your discounted ticket here). The evening before, in a special collaboration with the one and only Greg Robertson, the seventh GEM Soirée is taking place in Orange Country. Join us for cocktails and conversation to kick off the week of iOi! Mingle and enjoy