Pereira

 

Daylon Pereira said he would never leave Allie Beth Allman and Associates unless he was going to start his own brokerage.  Then representatives from Compass Real Estate came calling, and everything changed.

“It was a pretty sudden sort of a deal,” Pereira said. “Though it was difficult to leave Allie Beth after seven years, in the end it’s about the services I’m able to provide my clients.  For that reason, I am thrilled to say I made the right move.”

One of the deciding factors for Pereira was what he felt was Compass’s superior commitment to technology. Several years ago, he and a friend developed their own real estate marking technology. At the time, it was hard to convince others of its value. Today, cutting-edge technology and marketing are at the forefront of the changing real estate landscape.

“I feel like real estate in general is the only industry that needed to catch up with the rest of the world on technology,” he said. “Technology drives the entire consumer market these days. To stay relevant, I feel we as agents have to recognize that real estate is no different, and most brokerages have fallen behind on that curve.” (more…)

11627 Forest Creek Place ext

An “O” House is a home so fabulous you have to drop whatever you are doing (yeah, even that) or holding, including your nail file, to look!

I am sort of on a roll here with doctor’s houses. “O”h my; another physician’s dream castle. The compulsion to building perfection here is almost Freudian.

Well of course it is, this is an “O” home. The Bionic Alpine “O” home.

11627 Forest Creek Place is located in a leafy, cul-de-sac laden neighborhood of circa 1970 homes south of Forest Lane, in-between Preston and Hillcrest. There is a bounty of building going on across the street from this area, and Sharif-Munir has all but sold out Iris Hollow. Centurion American is developing more lots to the west of Iris Hollow. The prices are around $700K for a quarter of an acre of raw land. Come 2020, there will not be a blade of grass in this area to build on: everything will have to be re-developed.

Talk about wildlife: Lee Kleinman and his Wildebeast are your city council reps. And the coyotes roam nightly.

Forest Creek Place foyer

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Downton Abbey’s Lady Edith would be right at home in this Regents Park townhouse. Not Regent’s Park, London, mind you, but Dallas. The Regents Park development is an exclusive gated community of just 14 luxury homes in the heart of Turtle Creek.

White stucco exteriors, balconies, terraces, and iron embellishments mean the builders have gotten it absolutely right in their goal of bringing a bit of London’s style to Dallas. If you could easily imagine yourself living in a tony London flat, this beauty at 2908 Hood Street may be just your cup of tea. Daylon Pereira of Allie Beth Allman has the 6,547-square-foot, four-bedroom, four-full-and-two-half-bath listing priced at $2.59 million.

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Sure, Zillow and Trulia are popular portals for consumers to shop for homes, and there are a lot of fantastic luxury properties marketed as hip pockets, but does that spell the end for MLS systems everywhere?

Sure, Zillow and Trulia are popular portals for consumers to shop for homes, and there are a lot of fantastic luxury properties marketed as hip pockets on select sites, but does that spell the end for MLS systems everywhere?

Inman contributor Creed Smith wrote a column published on the real estate news site suggesting that the system real estate agents use to access listing information, the Multiple Listing Service, was on the way out. It ignited a heated debate among Inman staffers and commenters, earning a reply from Inman managing editor Matt Carter. 

If the real estate industry were invented today, there would be no NAR (National Association of Realtors) or MLS (multiple listing service), and perhaps no franchises — there might not even be real estate brokers.

The MLS was built for three reasons:

  1. To place all information on homes for sale and sold homes into a central location for brokers.
  2. To create a percentage of sale price payment agreement between brokers.
  3.  To elevate NAR and the MLS companies to almost godlike status with monopoly power.

The marketplace now demands a system built on their desires, not those of NAR. How would you build a system for selling and buying homes based on market desires with today’s technology and market dynamics? You would offer an open-source international database (website … portal).

You can read Smith’s full-length piece on his Demon of Marketing website, but we wanted to get the perspective of local brokers and Realtors on the cutting edge of real estate here in North Texas as to whether we should be writing a eulogy for the MLS system.

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