The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who started this subject	11/12/2003 6:55:28 PM
From: Don Green	Read Replies (2) of 306849

Internet home sales U.S.A. Today - 11/11/2003 - Wednesday's debate For more than a century, America's real estate agents have pooled the homes for sale in a specific area into a Multiple Listing Service (MLS). But now these same brokers have concluded that cooperation has its limits. Starting Jan. 1, a new rule by the National Association of Realtors will allow agents at traditional firms to deny listings to an innovative breed of discount Internet brokers who are slashing the average 5% to 7% commissions Realtors long have charged. We feel that as the Web changes the marketplace, buyers deserve to see benefits. The opposition feels real estate agents have right to control who has access to listings. Debate Continues: in next 2 posts

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