Competing Business Models: Referral Fees vs. Advertising (Wanna Guess From Whom??) [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] With artificial intelligence gaining momentum, it was only a matter of...Read More
The Blindfold Test, or, “Buyer Due Diligence” Want an old-fashioned way to tell if a given “For Sale” home is a value? Skip the complicated CMA (“Comparative Market Analysis”), detailed spreadsheets, etc. Instead, follow this two-step approach: One. Get up to speed in the area you’re interested in, familiarizing yourself with prevailing prices. Two. When you tour a...Read More
Maybe, But Not Because the Listing Agent Says So Stock market investors are accustomed to analysts who discuss a company’s prospects, and recount a long list of negative or at least worrisome issues. But then they slap a “Buy” rating on the stock, anyways, because they believe “the bad news is already priced in” —...Read More
