5 Burst results for "David Goldsmith"
"david goldsmith" Discussed on How I Built This
"Bad things to try to scare people from wanting to move but they had their chance and this has been a model for over one hundred years where brokerage firms had taken the profits from the agents split between the manager. The manager's be injured in the owner and unbalanced that owner put in their pocket and they went on vacation but where they didn't do is. What apple did microsoft did google did. They didn't invested back in research and development to create a better company for their customer the agent. And that's what we're doing and curious because this has to be kind of a cutthroat element to this right like so like a talent agency right. You represent talent. Let's say that star can at any point choose to go work for another talent agency if they make them more attractive offer and presumably that can also happen with agents like you. You have to assume stay one step ahead of other brokerage firms to make sure they don't go after the agents that are aligned with compass because those agents can leave right. They're not a bound to compass. They're independent operators. The average agent that comes to his growing their business nineteen percent in their Their first year because of that we have above average industry retention. That's the that's one of the things that i look at. The most is if if they're staying. That's a good thing it was someone leaves really bad thing and we have to make sure that we're building the tools in offerings and services that help them grow their business so they would never wanna leave guess in twenty eighteen. You had this idea to attack us a license your your software The sierra and things to other agents who were not working for compass and it kind of imploded. What would happen. Yeah and this idea of. Let's license our technology to competing brokerage we announce it in less than a month in there was a complete backlash of our agents. And they didn't want us to give any competing company The technology because they didn't want an agent another company. Say hey work with me. I had the same technology as that agent from compass right and so we shut it down and there's a lot of press at the time. Seen how he failed and it was a failed launch. I never understood that because to me we just tried. Yeah we tried something that didn't work and you try something else in the next month. We tried something called compass two years. We've launched really quickly in less than a month and it turned out to be one of the best things that we've ever done where we front-load the cost of home improvement services like staging and deep cleaning and painting to prepare homes and make them move in ready in. That's been a big success but you can't be the company that can do that without being the company that also has Launched something that isn't successful robber. I loved your book. I love your story but it wouldn't be my job if i didn't make you uncomfortable so i'm going to end but i'm going to read something mean that somebody has said about you and it's not just random versus it's a a broker named david goldsmith. He wrote this last year on a forum called urban days. He said he compared a compass to we were. He said it's like we work. It's backed by billions of vc. Money claims to be a tech company that rather than real estate firm but also like we work. There doesn't really seem to be. Any revolutionary tech involve just seem to be throwing tons of money at acquiring market share. Did you hear that and say just flat out wrong. There's no facility to that or or is there anything in there where you think. Okay you know i can. I can see. I think that twenty years from now if you're not a technology company is unlikely you're going to exist. These agents are going to be here right just be very clear and pupils more now today than they did ten years ago. Who's gonna be the company that helps agents use technology to realize their entrepreneurial potential over the last thirty years every profession has been able to use technology to get better and that's actually what has made it so difficult for brokerage firms thirty years ago all of the workflow. The eaten went through the brokerage firm. The emily's book was on the desk. The client would be in office they would look at off market listings on the wall over last thirty years. The workflow the eight and has come outside of the brokerage firm so now as a half outside and half inside we're building the modern platform. Not either or not just you know is amazon. Bookstore or a technology. Company is uber attacks limousine commissioner technology company. I think these are false economies over the next ten and twenty years. You have to be tough. You have to use software to make everything better overall eight hundred fifty person. Technology team is a. We're we're investing more in technology than the traditional brokerage firm. I wonder i mean twenty. Twenty right was supposed to be a catastrophic year for the real estate industry and it started out that way. You know shut down you can see homes. It turned out that twenty twenty transformed the industry it. All of a sudden completely opened up for tours and people were looking at homes across the country virtually in buying them and there was a real estate craze for how prices just skyrocketed. What was that unexpected. Were you surprised by what happened in two thousand twenty when code hit in early twenty twenty. We closed our offices in early march and over the following weeks. I really thought this could be over. And i told my wife you know. We are legally not allowed to show property in almost every market. We're in and there's no end in sight until we couldn't make any money and business is a business. We can't get any money you can go out of business because we still had those costs you know. We had to go through the really hard work of just trying to survive like the goal. Was we just need to survive. And your we're talking. Just two months later. Activity started picking up and market by market by market. Not in new york city because they will not let you show property in the buildings but in the suburbs people started buying and a faster and faster and faster rate and then over the summer it became the busy summer in the history of real estate cow because everyone wanted more space. Is it going to change real safe forever. I mean do you think that it supercharged certain innovations we we launched during cova did a number of virtual tools like livestream open houses tours where you as a buyer contain your home in the agent would go from property property into a livestream tour so a lot of tools to allow into work virtually and we believe that will continue on the real estate side. I think that we have a permanent shift in the demand curve where people will continue to want more space in more multiple homeownership. The hybrid work environment. Which will continue in space literally more valuable. Because you're going to be using it more whether it's a private office in your home or whether it's a second home where you can work two months out of the year and give your family a better quality of life. Your mom.
"david goldsmith" Discussed on AM 970 The Answer
"Yeah. Start the show. Okay, We're on. It. Looks like we're live on the air. This is Mike. Put Shelly with the rest of the order. Lab crew. David Goldsmith, Jerry and Johanna Pest Story. Nicole Moxon, Robert Erskine, Jeff Alon and Ian Car. Hey, and where we brought you today by the gold shields, But we're working on the Technical difficulties today in what we do with technical difficulties. We please stand by now. We just worked through him. All right, you know. They look when you drive a car when you when you're in the car world, you know how to deal with technical difficulties. In fact, everybody here has made a business dealing with technical difficulty. Yes, In fact, the name of the game, gentlemen problems of the name of the game. You got to be bested problems. In fact, I think Robert Erskine purposely created these technical difficulties. The highlight his topic for the day. Did you do that? Robert? Mike? I certainly did a very warm welcome to you on Spammers. 25 25 mil wrench. You don't want that rattling around under the hood, Nor do you want to £25 mallet. Left under the hood, which I've experienced, but we are talking about technical stuff today from from England and Bentley Motors. What about Bentley? Motives? What is Bentley doing? Okay, well, today, Bentley Bentley Motors are on a massive recruitment drive. It's the biggest ever intake. They say off future talent at company headquarters in Jolly Old crew, England, which is the birthplace off Bentley on those of you, who also know their history will also understand that another little company that had something to do with Bentley called Rolls Royce also used to operate out of crew. But we are now in the 21st century on there's a strong emphasis on digital technology technology on data analysis. As Bentley looks towards the next century, so it's making itself available for lots of lovely young people who were that way inclined to make applications. Had to apply for apprentices as off this week, which coincides with your national recruitment month. I understand and that's really, really curious. This is C T month in this country, Career and technical education month. Where we try and encourage students to study the trades. Well, they're certainly going to be studying their trades here in England. But what we have to understand that Bentley is focusing on not only trying to get the finest talent that is out there on recruiting new trainees for its future program. But they're looking, of course, at a different drive. Train technology on that is electric power. So Bentleys are going to be coming out with electric powered platforms on all sorts of exciting things. And of course, this means that there is a bias towards digitalization. You could be slightly cheeky and say that Bentley are looking for people who are good at pushing buttons with their with their fingers on. It would be very interesting to find out from Bentley. What percentage off apprentices? Trainee ships are coming in under being offered that are actually on the mechanical engineering side. That's the hard physical side that automotive technicians otherwise known in the past as mechanics. Are really, really good at because you need people who can take components and assemblies apart on understand why there's beena failure or to service them, But You can see where we are All heading. Everything is becoming a electrical. There are digital platforms, all sorts of things going on at the word Digital, I'm afraid is going to be the most important topic. For most automotive manufacturers, Mike Well, I just hope the schools in this country You can do as well as I think the schools in your country do at getting Students into the right. Korea's Remember, we did. We did the story on primary engineer a few months back about how Ford Ford is helping schools in England to recruit Uh, students into the trades and tech. Tech areas. Well, you know, this is really, really curious. And I use that were curious because there is another word, which Bentley's press release makes a big big thing off. I That is up Skilling on. I'm not quite sure what this phrase means on. There's another phrase, which they are using, which is they want to focus on greater diversity. Now is this to do with a ethnic intake is this to do with a religious intake? I really don't know. And it really is extraordinary because They weren't digital innovations and digital innovators and creative thinkers form part off the press release. So To me. I'm not sure whether this is actually going to work very, very well. I don't want to be negative, but it does appear to me. But the mechanical side seems to be slightly sidelined on this, I think is going to be a problem for most automotive manufacturers. Let's see every resting. It's a very interesting concept that you know when I think of Bentley. I think of the upper one percentile of human beings that can afford these cars. Robert. I mean, do you think it's possible They're going to start building something that would be more affordable to the main part of the human race? No. Absolutely not. No, no. Bentley is premium brand that is their position. That is what they're engineering has Bean about on. We must also understand that the Bentley brand is about performance. It's about out and out. Grace, power and performance. So it's very interesting that the values that we're talking about today are going to be interwoven into the 21st century as we run into these battery powered platforms. So it's going to be an expense on do people who are in the market for this particular product. Which is up at the very top premium. They really are not concerned about cost. They are concerned about image. They're concerned about quality. They're concerned about excellence and something which absolutely stands out from probably everything else. Ian Did you? Do you ever regret not taking shop in high school? You know, I did take shop. I mean, it did it. They didn't have auto shop. They have metal shop and wood shop. And those were I mean, those are my favorite classes. I think I think I was probably one of the last class is to come through that actually had shop. I graduated in 1981. But, you know, Yeah. I mean, I think I think if I had been exposed to if there was a mechanic shop in school, my career could have taken a different path for sure. I spent three days this week on a video seminar, a webinar for cod delis, service.
"david goldsmith" Discussed on AM 970 The Answer
"For Automotive education. Good morning and welcome to the auto lab. This is a live broadcast, and our number is toll free at 18886927234. That's 18886927234 and now the automotive technology programs at the consortium for Automotive Education presents The auto lab and now live from our studios in New York. Here's the auto lads, automotive experts. Good morning. Order. Live listening. This is Mike Porcelli, along with the rest of the order Web team. David Goldsmith. Morning, David. Hey. Good morning, Mike. We have Jerry and you're headed past story. Good morning. All right, Nicole Mark said Good morning to call. Hey, everybody. How are you? Robert Erskine all the way from England. A very well welcome from Suffolk. I were about to be hit five, the East off the beast or the beast from Russia. Heavy snow over suffered going, man. Why is it warm over there? Hmm? Because that's how we like our bare beast from the East. Also way also adjoined by Jeff Alone our transmission Maru. Good morning, everybody from underneath the Whitestone Bridge. It's kind of chilly down here today On way have Ian Kerr call guys Reon just still sleeping. Uh, all right, and I am Mike put Shelly and we are here to answer all your automotive questions and bring you all the latest automotive news. You can call us with your comments and questions at 8886927234. 8886927234 or email US at auto lab radio at gmail dot com. Who knows the Facebook. That's auto lab lab radio Auto lad 11 radio. Had joined a right now actually so weaken. Hot. Get some questions from you via the Facebook page, and you can see comments and stuff. We get someone pictures up there. Auto lab radio on Facebook. Okay every week at this.
"david goldsmith" Discussed on AM 970 The Answer
"All right, speaking room. Speaking of call is Let's see what Charlie Finch has to say today, Charlie. Good morning. Good morning, all deliver libertines if they returned to planned obsolescence. Remember that David Goldsmith, how you tease that consumers with new models every year and get them to, you know, go into debt and by a little more. Okay. I was a major marketing strategy and growth America in the fifties. In case you people don't know it Now. Two weeks ago, you had as a guest on the show my friend, radio host Frank Murano. You know Mike Ports, Kelly and auto Liberators that on Thursday night at 11 o'clock while driving and Staten Island on Richmond Boulevard that Frank Morano had a huge pothole and blew out his tire. He then got out of his car and he was on his way to work doing overnights in another station uptown from you guys. And he decided to change his tire. Frank used the wrong end of the Jack but was able to get his tire change successfully. And he got back into his car started to driving, hoping to make it to the station before he went on the air when I am As he was driving in his car. There was a beeping, indicating that his tire pressure was going flat and instead of getting out stopping the car And then looking at his tire. He decided to decrease his speed, hoping to make it to the station, taking that the tire pressure signal which will go up, which it did. And he reminded himself that since he has to drive home after five hours, who live Monday through party on the radio at often falls asleep at the wheel. That if the tire pressure gauge other signal went off as he was driving home that would keep him awake Western for my dear friend and teammate Robert Erskine. In anticipation of his eight o'clock essential segment, which we hope Mike Porcelli will interrupt with a dangerous anecdote about driving with your elbows while you have your arms around a beautiful woman. How many heirs Robert Erskine did Frank Murano make that monologue, which I just get Charlie? Plenty. Plenty of money. Plenty. You know the biggest mistake Frank made Charlie. Charlie. What's the biggest mistake? He didn't call triple A? No, He didn't call me and he knows, And he knows he could have all right on. Thanks, Charlie. The funny thing is Charlie. That was really cool. And the funny thing about flat ties is I was going to talk about flat tires today, too, because your wife have. Ah, my wife called me last night on her way home from work, and she had a flat tire. Mm. Well, you know, it seems to be an epidemic. Flat tires. Culture boy. Yeah, that's it. I am tripling got a culture you are tripling. That's it. All right. All right. Let's see. Let's see what riches calling about from New Jersey rich. Good morning. Morning. I have a Toyota camera water is entering. Through the firewall when it rains. My mechanic tells me that Pine needles clogged, drained. From the pan underneath at the base of the windshield. And my question is how do I clean that out? And how do I prevent that from the clogging from happening again? Jerry. They got pine needles out there and Seaford Long Island. They got everything. What does he do it? You have to take the upper plate of the wipers. The Cover off. Yeah, to get into that and clean it out, too. Preventive. Um, people surrender yet. Stay away from trees. Uh, you know that old song Don't park under the apple tree. Yeah, that's it. You could put a five to make a cover. They do make a cover. They make a capital grille cover not necessarily specifically that car, but they originally for a 65 Mustang. I remember when they made the Mustangs area. That was That was a big mistake, right? Yeah. We're gonna do that. Everything to this thing with you. It kind of looks. Yep. Yep. Remember those that that was just a big giant design floor so rich to your point? Like on the kid car. Wait. Hold is the car. It's over. It's a No. Five Oh, you know, 15 years. I mean, clean it out and you'll be fine for another 15 years. Yeah, I mean, the thing is, there's some 15 years to get to this point. Yeah, There's some cars that are really famous for having Cal drain design problems. I think the 65 Mustang was probably the most famous one. Um, yeah. Robert Hurston's raising his hand. Yeah, he's seen that it was used to rot out. But more modern day cars like they're Volkswagen's analogy is very, very, like every car that comes in because they have ah, insufficient drainage system for their cowl. Cal drains We always whenever the vehicle comes in for annoyed change, we clean the cowl drains. There's some cars that are worse than others. Yours rich. Is not a known, you know, I think just probably right. You know, every 15 years, maybe every seven years you clean it out, you know, and different ways. Sometimes you can get to it from above, like, Jerry said other times you've got to get You got to take the wheels off and then the fender linings come out, But your your mechanic would know how to clean it out. And then, like Johannes says I would stay away from trees as much as you can. Okay. Did you bring up a great point about checking the drains on an oil change? We do that? I'm sure everybody here. Does that. How many shops you think? Do that on an oil change? Yeah. I mean, a lot of cars like you raise the hood. And you see all those leaves over there No matter what car you have. You should just Have somebody clean him off. Help clean it out. Is there If he didn't I'm afraid about. I have another car, which is a Subaru and I'm back. And I'm afraid that I mean, I can't move my neighbors preys on. Do they come into my open my driveway. So I'm afraid that same problem might occur with Subaru. Where can I get a cow will cover one of the maintenance. You know, I don't know. If they like part of the bait and schedule. You can use anything to cover a cowl. You know what I mean? That's true. I mean, you could cover the car, but I would just say make it like, Jeff said, Make it part of the maintenance when you bring it and have them, check the drains and then clear him. Otherwise, you're gonna have to kill your neighbor's trees. Like poison under the ground, you know, But that wouldn't be right. That would be treatment form that the tree falls on the tree falls. And yet on your car, That's no good. So just have your you know where? Yeah, sure. Robert. What do you What do you do in England? Every time you wash the Every time you wash your car, he says weekly. That's what you should be doing in this wintertime. I don't do that. The hood. Removed the DeBary. Yes. Round around the windscreen wiper spindles finished. Great idea, Robert Question for all this shop guys here. How many cause come in for any kind of work. You open the hood and the cowl is completely packed with vegetation. Yeah, mud, sometimes his things. Sometimes these things crawling in that and it's the same when you open the trunk around the gutter. We've had things growing in trunk, Gunness. Yeah, Absolutely. Yeah. So it's good to rich. It's great that you live with that because it's something that everybody should kind of. A little bit more aware of and can keep those Cal drains clear. Thank you very much for your help. I have a question for Mike. All right, Rich. Thanks for calling question for Mike. Question for me. Okay? Do I have a question for Mike? Because we're talking about, you know, the wintertime in Washington car and I was just talking with my car buddies Thea other day about driving on a road with salt. And is it better if you do drive on a road that has solved? Is it better to wash the undercarriage when you get home? Or leave it because there's two schools of thought. There's the If the salt is is mixed with water, then it becomes more of. Ah, more corrosive becomes more of an election about or if you just leave it, there s so what's what's better. I say, Leave it. If you can leave it dry and frozen and dry until the weather is warm, And when you wash it, you can wash it, you know completely And you're not just re wedding. The salt. You know you don't want to. You don't want to do a half a job. Just wet it and let it stay there Wet. Leave it dry until you can clean it. And let it dry out. Which might be April. Thank you. Yeah. Okay, June. That's that's enough information for this half hour. We're going to take a short break and we'll be right back after the break with more. Actual technical information.
"david goldsmith" Discussed on AM 970 The Answer
"We'll be right back after the break somewhere in the neighborhood of a million pages of content. The auto channel dot com is the on Lee Automotive website You'll ever need to visit the auto channel. Don Kam has everything you need to know to make your next new or used car purchase. The honor channel dot com is the official website of the new car Buyer got a question about a vehicle's mileage or C p a rating. You'll find it at the auto channel dot com looking for the latest news. Motor sports want to know what the hot new prototype was. At the Detroit auto Show, you'll know by going to the auto channel dot com Looking for archival video of land speed racing on the Bonneville Salt Flats. Formula One. The Nurburgring drag racing at Pomona Indy cars in India or the stockers at Daytona, The ON Lee website where you'll find it all is the auto channel dot com If cars are your thing, if you're a gearhead, if you're buying a new car, All you need to know is the auto channel dot com, the largest independent automotive information research. Is the auto channel dot com one word. The auto channel dot com Your one stop automotive website. Three tents, food Welcome back to the lab Listeners. This is Mike Put Shelly with David Goldsmith. The cold marks in Robert Erskine, Ian Kerr and Jeff Alon. We had answered all your automotive questions at 88869272348886927234. Email US at auto live radio at gmail dot com. Right now..