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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ild who wrote (14503)10/24/2003 5:59:34 PM
From: TradeliteRead Replies (2) of 306849
 
Thanks, ild.

Very interesting and similar to what I read in Wash Post a while back.

I notice this story, like others which have been written by major media, can only seem to focus on how change will "cut into or reduce agents' commissions."

That's getting old and very stale. I'd like to know how many people in the U.S. have seriously worked with a web-based real estate company to buy or sell a home, and how many would even entertain the idea. Also, how many buyers and sellers actually work with the so-called "discount" brokers located on street corners already, who actually know the market and have at least joined the MLS and local, state and national Realtor associations. THAT would be the story to publish.

Varying commission rates are available everywhere. Members of USAA and other organizations are entitled to rebates for real estate services, as just one example.

Very puzzling why the media skip over the complexities and only focus on what they assume their readers want to hear--real estate services to go on sale soon....stay tuned for film at ll.
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