SparkOffer

This past weekend I made an offer on a house. It brought back a flood of memories from 5 years ago. How the dreaded 'Best and Final' was my motivation for SparkOffer. This past Monday morning I received the call. "We have multiple offers and the sellers have decided to go to best and final." This process is broken and it sucks. I started building SparkOffer in 2018, after having this happen to me multiple times when buying homes to flip. With my deep experience in auctions and traditional real estate, I set out to build something better to marry the best of both worlds. That something better is SparkOffer. SparkOffer gives buyers and their agents a platform to make a digital offer on a home and have some transparency of what is happening in the process. In case you are wondering, I didn't get the home this past week. But, I did get an absolute first hand refresher in the brokenness. I'm thankful and grateful for it. I wrote down every day how the process made me feel. BTW - it wasn't good. Not because I did not get the house. It was every step of a 5 day journey with zero information about what was happening or going to happen. You go from hope after writing a solid offer to feeling like crap and at times just down right disgusted. The process is completely broken. What does my recent experience mean for SparkOffer's future? It means that I'm not only a 15 on a scale of 1 - 10 for motivation. I have also written the process down in a way I never have before. I'll translate the experience making SparkOffer from good to great. If you are selling a house, give SparkOffer a try. SparkOffer will give all parties a better more human and respectful experience. If you have recently tried to buy a house and want to share your experience with me, please DM me. I'd love to hear your story.

One of the central questions raised in the Sitzer/Burnett case is whether buyer agents "steer" 🐂 clients away from listings if the commission rate is below industry standard. A new study that looks at 265,000 listings across 34 metros concludes they absolutely do, as Will Robinson reported in this week's excellent edition of DataDigest. I think there's good reason to be skeptical about the study, but it's at minimum very interesting. This article is packed with never-before-seen data and a detailed history of investigations, lawsuits and rule changes regarding commission rates. It is an absolute must-read. ✍ Share your thoughts in the comments below. https://lnkd.in/eq3_B6gE

Buy a home from your phone on Cape Cod! Tori Harrison, one of the leading agents on Cape Cod is using SparkOffer again. Tori is making it easy for buyers and buyer’s agents to make offers from their phone on her newest listing in Orleans. https://lnkd.in/eUQDjjqT