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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Elroy Jetson who wrote (15143)11/16/2003 11:40:54 AM
From: TradeliteRead Replies (1) of 306849
 
By all means, we shouldn't let facts get in the way of a good story and good rants.

The anti-competitive real estate market thesis has just about run its course and come full circle.

People are bitching about the real estate brokers in New York because they won't pool their listings in an MLS. Meanwhile, it appears these brokers are operating under the most competitive free market there could possibly be in the world, where it's every company for itself and may the best one win.

Then they bitch about those brokers elsewhere who don't want to share their inventory with just any new company that shows up in cyberspace and wants to build a business quick and cheap by cannibalizing other companies' inventory. By all means, let's round up those nasty land-based brokers and make them play nice. By golly, when one of those cyberspace agents needs to write up a sales contract, and it's too cold outside to write the contract on the hood of a car, let's lend them a heated conference room and give them a cup of coffee.

And meanwhile, let's make all the plumbers, electricians, doctors, and lawyers out there start sharing their client lists with each other. Maybe this'll bring the prices down.

People who want to socialize the industry should stop hiding behind specious claims of wanting competition, when in fact, you really want anything BUT.
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