Bill Wendel

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Bill Wendel

Bill Wendel

@RealEstateCafe

Real estate consumer advocate, rewarding DIY homebuyers & sellers w/ moneysaving menu since 1995. Compare buyer agent rebates to Redfin, propose your own fee

Cambridge, MA Katılım Nisan 2007
7.1K Takip Edilen6K Takipçiler
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Bill Wendel
Bill Wendel@RealEstateCafe·
#RECALL: How many of 650-700,000 sales across MA over nearly a decade (12/17/16 & 9/29/25) will result in a payout in #ClassActRE lawsuit settled last year? Official deadline to file a claim was 12/15/25 but LATE FORM posted on MLSPinSettlement.com Q’s? Call (833) 933-6273
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Bill Wendel@RealEstateCafe

Heard @marealtors on @WBUR? Much to say about that & #MLSpinSettlement - massive #ClassActRE lawsuit vs #RECartel Claim deadline for 650-700,000 sales across MA (12/17/16 & 9/29/25) is Mon 12/15/25 Paltry payouts pale by comparison to payback in future bit.ly/MLSpinDeadline…

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The Kobeissi Letter
The Kobeissi Letter@KobeissiLetter·
US housing market demand is collapsing: US new home sales fell -17.6% MoM in January, to 587,000 units, the lowest since 2022. This marks the largest monthly drop since July 2013, far worse than the -2.7% expected. YoY, sales fell -11.3%, the worst annual decline in 3 years. The Northeast was hit hardest with sales plunging -44.7% MoM, followed by the Midwest at -33.9%. Furthermore, the median new home price fell -6.8% YoY to $400,000, the lowest since 2024, bringing the 3-month average down to ~$410,000, the lowest since 2022. Meanwhile, mortgage rates have jumped +33 basis points over the last 2 weeks, to 6.43%, the highest since September, marking the largest 2-week increase in nearly a year. Higher interest rates are back.
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StockMarket.News
StockMarket.News@_Investinq·
Sam Altman told the world exactly what skills will matter when AI takes over 30 to 40 percent of the global economy. He was asked what his own kids should do to survive it. His answer was surprisingly human. He said the single most valuable thing anyone can build right now is the meta-skill of learning how to learn. Not a degree or a certification but the raw ability to adapt when everything around you changes. He also said learning to understand what other people actually want and building useful things for them will be more valuable than almost any technical knowledge. That skill has never been automated and is not close to being automated. He said human creativity and the desire to express it are, in his words, limitless. Every major technological revolution increased the demand for creative, curious, and socially intelligent people, not decreased it. The Industrial Revolution is the clearest parallel. Machines replaced physical labor and people were terrified. The next generation took those machines and built industries, art forms, and institutions nobody had conceived of before. The people who thrived were not the ones who competed with the machines. They were the ones who learned to direct them toward something new. That dynamic is already playing out right now with AI. The practical implication is this, depth in a single rigid skill is becoming less valuable. The ability to move across domains, pick up new tools quickly, and apply judgment in ambiguous situations is becoming more valuable. Altman also pointed to something most career advice ignores entirely, learning how to interact with the world, build relationships, and earn trust from other people. Those are things AI can simulate but cannot replace. The honest opportunity in this moment is not to outrun AI. It is to focus on the things that make you irreducibly human. Curiosity, judgment, empathy and the ability to ask the right question before anyone knows what the right question is. The people who will matter most in an AI-driven economy are not necessarily the ones who understand the technology deepest. They are the ones who can figure out what the technology should actually be used for. Altman has spent his career betting on human potential in the face of technological disruption. Based on every historical precedent, that is still the right bet to make.
StockMarket.News@_Investinq

Mark Cuban just delivered the most important career warning of the decade. There are 33 million businesses in America right now. Almost none of them have an AI strategy. @mcuban has been saying it out loud for months. The companies that will dominate the next ten years are not the ones with the biggest tech budgets. They are the ones that figure out agentic AI first. Here is what agentic AI actually means. It is software that sets its own goals, takes its own steps, and finishes entire jobs without a human pressing a single button, The businesses that need it most have no idea it even exists. Cuban is not talking about Google or Microsoft. He is talking about the HVAC company on your street, the bakery downtown, the law firm with twelve employees. Those businesses are running on spreadsheets and gut instinct right now. Meanwhile, the technology to replace their most expensive, most repetitive work costs twenty dollars a month. Cuban told students directly, pick up Python, get inside Claude, learn how these agents work. Because thirty-three million small businesses are about to desperately need someone who can walk in the door and build this for them. He compared it to his own story at age twenty-four, walking into businesses that had never seen a PC and showing them what a computer could do. That moment minted a generation of millionaires. This moment is that again.

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Bill Wendel
Bill Wendel@RealEstateCafe·
Asked Grok about lack of visibility on #MLSpinSettlement class action lawsuit & go this response: See 1 of 2: bit.ly/47tdsoB Follow-up: Late claims might be accepted on a discretionary basis for good cause Download LATE CLAIM form & mail ASAP: bit.ly/LateClaimForm_…
Bill Wendel@RealEstateCafe

#RECALL: Why @BostonGlobe & @WBUR media buzz when @MassGovernor signed broker fee ban that requires whoever engages rental broker to pay their fee Why no coverage of MLSpinSettlement.com claim deadline 12/15/25 when similar realignment coming on sales? bostonglobe.com/2025/07/02/bus…

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LimitLess
LimitLess@NoAlphaLimits·
🚨 THE HOUSING BUBBLE IS BURSTING. GET OUT NOW. 🚨 Pending home sales just hit the LOWEST LEVEL EVER RECORDED. Ever. In history. Lower than 2008. Lower than COVID. This is not a slowdown. This is a collapse beginning in real time. If you own a home — read this. If you're thinking of buying — DO NOT. Here's what's happening step by step: RIGHT NOW: → Nobody is buying homes → Pending sales at all-time lows → Florida already crashing — Fort Myers down 11.5% → Sellers are panicking and listing below market → Inventory is flooding the market NEXT 3 MONTHS: → More sellers. Fewer buyers. Prices drop faster. → People who bought in 2022-2024 go underwater → They owe more than their home is worth → They can't sell. They can't refinance. They're trapped. 6 MONTHS: → Foreclosures start rising → Banks tighten lending even more → Construction companies lay off thousands → Entire neighborhoods go up for sale at once 12 MONTHS: → Full 2008-style crash in sunbelt markets → Texas. Arizona. Florida. Georgia. All falling. → Banks holding billions in bad mortgages → The domino effect hits the broader economy AND THIS TIME IT'S WORSE: → A war is driving oil prices through the roof → Inflation is spiking again → Interest rates can't come down → $2 TRILLION wiped from the stock market this week alone → Tech companies laying off tens of thousands → The job market is already dead In 2008, at least the economy wasn't at war. This time you have a housing crash AND a global conflict AND inflation AND mass layoffs — all at the same time. Do NOT buy a home right now. If you can sell — sell. The bottom is nowhere close.
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Herbert Whitehouse
Herbert Whitehouse@DoubleWhitehous·
It is significant that no one from Compass has taken me up on my longstanding offer to donate $1,000 to Shepard’s Hope in Orlando if… …Compass can show that a broker’s private listings are not inconsistent with being a “single agent” (fiduciary) listing broker in Florida❗️
Bill Wendel@RealEstateCafe

#REDebate: Real estate pundit, @robhahn, predicts Compass/Anywhere will normalize private listings in 2026. How 's that impact housing market? Imagine 2x2 matrix showing benefit vs harms on individual vs public. Who wins, who loses: buyers or sellers? bit.ly/4cP7l1o

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Senator Mark Kelly
Senator Mark Kelly@SenMarkKelly·
Anthropic didn't want their AI tech used for surveillance on Americans or autonomous weapons strikes. Guess what the Trump administration did? Threatened them and then cut off all work with the federal government. This is dumb and dangerous.
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Bill Wendel
Bill Wendel@RealEstateCafe·
RECOMMENDATION: Vanessa has remarkably responsive energy & original insights matched by high brow humor & writing skills worthy of a theater company Have talked with her about using LAUGHtivism to disrupt the #RECartel Subscribe to Disrupting the Deal vanessasaunders.substack.com/?r=qh4u&utm_ca…
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Aakash Gupta
Aakash Gupta@aakashgupta·
The Vatican launched an AI-powered translation system at St. Peter’s Basilica the same day Pope Leo told priests to stop using ChatGPT for sermons. Read that again. Same week, same institution, opposite directions on AI. The Vatican is drawing a very specific line: AI can translate the priest’s words, but never generate them. This tells you everything about how the Catholic Church views the AI adoption curve. They’re treating AI as infrastructure for distribution, never a replacement for creation. Translation scales reach. AI sermons erode trust. Pope Leo chose his name specifically because Leo XIII wrote Rerum Novarum during the first industrial revolution. He told the College of Cardinals in May that he sees AI as the next version of that same disruption. He’s a Chicago-born strategist building a framework for which AI use cases the Church will absorb and which ones it will reject. The muscle atrophy analogy he used is the part worth paying attention to. “Like all the muscles in the body, if we do not use them, they die.” He’s making a cognitive dependency argument that applies far beyond religion. Every knowledge worker outsourcing their thinking to LLMs is running the same experiment on their own brain. 5.6M+ views on Polymarket tells you the secular world finds this fascinating too. The question the Pope is really answering goes beyond sermons. Where does human judgment become non-negotiable? Most organizations haven’t figured that out yet. The Vatican just did.
Polymarket@Polymarket

JUST IN: Pope Leo asks priests to stop using artificial intelligence to write sermons.

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Bill Wendel
Bill Wendel@RealEstateCafe·
#REDebate: Real estate pundit, @robhahn, predicts Compass/Anywhere will normalize private listings in 2026. How 's that impact housing market? Imagine 2x2 matrix showing benefit vs harms on individual vs public. Who wins, who loses: buyers or sellers? bit.ly/4cP7l1o
Bill Wendel@RealEstateCafe

#InventoryGate: Even brokerages opposed to HIDING listings (aka #ClearCoverUp) "are preparing fallback plans, building out new platforms & laying out consumer policies in case industry moves away from its longstanding stance." #PreMLS listing silos = surveillance pricing traps!

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Brian Krassenstein
Brian Krassenstein@krassenstein·
MASSIVE BREAKING: The United States Supreme Court has just struck down Trump's ILLEGAL tariffs. We've been telling you for a year now that Trump does not have the authority to implement these tariffs without Congress. We were right. The Supreme Court, 3 justices which are appointed by Trump, just ruled that he broke the law!
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Later Wendy
Later Wendy@LaterWendy·
What's happening to new construction buyers RIGHT NOW is wild. TODAY 2PM ET we're opening our members-only meetup to agents & buyers who want the truth the builder's sales rep won't tell you. Hunterbrook Media + Morgan & Morgan attorney. Free. Link 👇
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Bill Wendel
Bill Wendel@RealEstateCafe·
#NCPW26: @MassAGO see any pattern here? "This scratch-my-back culture runs thru #RECartel ...A lender can't legally pay an agent a referral fee, but they can ... All of this exists in gray zone RESPA was designed to police but rarely does in practice" bit.ly/ScratchBackRE
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Bill Wendel@RealEstateCafe

CROWDSOURCING: Enjoyed conversations w/ author of this guest post at past RE conventions & agree eager to collaborate with others to reset real estate on TRUST but hasn't "If you scratch my back, I’ll scratch yours" been the law of the real estate jungle #RECartel for too long?

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