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

To: Tradelite who wrote (23395)	8/18/2004 1:21:04 PM
From: AD	Respond to of 306849

When I don't know the facts, I trust my gutt. And 8-10% sounds like plenty for an excellent mgt co. Haha, yeah, just what we need, more regulation.

To: Tradelite who wrote (23395)	8/19/2004 11:47:25 PM
From: Doughboy	Read Replies (1) \| Respond to of 306849

Underneath every criticism, it seems, is a latent, somewhat socialistic belief that real estate service should be a regulated public utility, instead of a competitive industry in which companies and individual agents follow many different types of business plans and work strictly for their customers and clients, NOT the public at large. That's not a fair criticism. To the contrary, what I'd like from the real estate services industry is more competition. It's the NAR and the other trade associations that want to maintain their cartels. Tell me why exactly shouldn't banks be allowed to enter into real estate services? Why is the NAR proposing blatantly anticompetitive rules for the MLS to keep ziprealty and other online services out (e.g., allowing realtors from barring their listings from being shown on zip)? It's certainly not to help the consumers. When I sell my property, I will insist that the realtor agree to the widest dissemination of my listing. They're wrong--I own it, they don't. As for managers, I think it's probably my own problem in being so far away from my properties that I can't control the costs flying out the window. But at least there is pretty healthy competition; anybody can and does offer their services for property management. I picked one that does a lot of State Department employee properties when they go on overseas assignments so of course they are a gold-plated operation. My fault. But what struck me was the attitude of one manager who also happened to be the manager of the condominium association the unit was in. Given his natural advantage to win my business I thought he would go all out. Instead, he acted like he was doing me a favor, he wouldn't negotiate, and he lost my business.