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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (15040)	11/13/2003 11:26:17 AM
From: Tradelite	Respond to of 306849

That's too bad. Like I said, it must be a weird archaic system that somehow works for the people involved.

To: marginmike who wrote (15040)	11/13/2003 11:27:36 AM
From: MulhollandDrive	Read Replies (1) \| Respond to of 306849

marginmike.. do you know by what means the realtors have managed to keep MLS out of NYC?

To: marginmike who wrote (15040)	11/18/2003 12:55:17 PM
From: fatty	Respond to of 306849

>there is no MLS in NYC I was just curious. Why can't the city host the MLS service and make a few bucks as the real estate agent? How is real estate transaction any different from vehicle sales? It is still a matter of changing some legal records. I remember in the past, you could buy a car from the dealer and do the vehicle registration yourself. Now the car dealer simply charge you $250 'document preparation' fee to do the same thing for you. In the case of real estate, this 'document preparation' fee translates to $20-$50k.