For-Sale-By-Owners sell for more because agents sell for less June 8, 2007
Two Northwestern University economists have found that for sale by owners (FSBOs) in Madison sell for slightly more or about the same as houses represented by agents in the area, figuring that after commission costs the FSBO sellers came out ahead. There are some comments in the article about the National Association or Realtor’s (bogus) [...]
Discounters, FSBO’s and Redfin - Oh MY! And why they shouldn’t matter July 20, 2006
So many recent articles and posts have focused on these “new” real estate practices and how they are all reducing commissions, going to drive the stodgy old guard out of business and revolutionize the industry. I’ve also both read and listened to a lot of “traditional” real estate agents complain about discounters and how they [...]
DOJ-”opt-out” and a war with a “discounter” January 29, 2006
A new Broker opens an office and has no listings yet. He goes to area brokers and asks if he can advertise their listings in his “window” to help get him started. Mostly they say yes. They are not trying to force out the competition and they are more than willing to [...]