SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: bozwood who wrote (6757)11/13/2002 4:48:22 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"It would seem that the crux of the matter is the lock that the brokers/realtors have on the MLS."

MLS listings go up on Realtor.com now for all eyes to see. Not all the information about the property is but most of it is.

MLS, NAR, Realtor.com...all tied in together.
You can't enter listings in MLS without being a member of MLS.
MLS seems to have a lock on that right now but other sites are starting to encroach.



To: bozwood who wrote (6757)11/13/2002 6:39:14 PM
From: TradeliteRead Replies (3) | Respond to of 306849
 
<<the crux of the matter is the lock that the brokers have on the MLS..>>

That's not the "crux of the matter" at all. It takes TIME TIME TIME to learn enough about a property (features, easements, potential legal pitfalls in the title, special assessments coming down the pike from a homeowner association, yada yada) before it can be presented to buyers.... and it takes TIME to work with prospective buyers and their agents to determine the buyer's ability to pay, as well as to address other concerns of both the buyer and seller in a responsible way which represents everyone's best interests.

Underestimating the time involved in selling or buying a home is very common. But the same people who do this think nothing of paying a plumber for HIS time to investigate where the leak is coming from, or a doctor to investigate and diagnose where the pain is coming from. These people seldom question the fee involved for the time or expertise involved, either.