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  • Is the housing market performing “as expected”? (102)
    • Kary L. Krismer: Bernanke will be in place possibly through Obama’s first entire term, or at least most of it (unless I’m forgetting how long he’s...
    • ARDELL: I keep thinking how lucky Obama is going to be a few years from now, if he can take the credit for things getting better. He certainly won’t get the...
    • Kary L. Krismer: Fair point. Also, not entirely Chicken Little when he refuses to publicly say what he sees as the potential downside because he thinks that scenario...
  • Fidelity Title Calls Off the LandAmerica Merger (80)
    • Rhonda Porter: Why not, Kary? Are you saying they won’t do the client any good or the agent (I’m not following you).
    • Kary L. Krismer: And what I’m saying is the addendums (sp?) might not do them any good.
    • Rhonda Porter: Kary, the local “big 3″ with title/escrow ABA’s do have addendums disclosing the relationship. However, if agents believe or tell...
    • Kary L. Krismer: If they’re selling these referrals based on savings that are non-existent, I think they’d have problems, notwithstanding any associated...
  • Q&A with the Banker Panel at the National Auctioneers Association (2)
    • Kary L. Krismer: Sniglet, bankers might not know that. Non-judicial foreclosure is so favorable to lenders that they probably don’t even typically look at the...
    • Sniglet: No comments about “walk-aways” then? I was curious to find out if they see this phenomena in their own businesses. It’s interesting that...
  • 10 Things You Should Know Before Moving to Seattle (724)
    • Kary L. Krismer: Or Montlake and Capitol Hill around 15th. My definition of walking distance though might be a bit different than others. I used to walk to the UW from...

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Tag: discount

What will a market slow down do to discount brokers?

One of the reasons I became a real estate broker and started a RE company was because I felt 3% across the board was not right. Using capitalism, over the past 100 years as a guide, real estate will move away from the % model to a more competitive flat fee for service model. Speaking [...]

For-Sale-By-Owners sell for more because agents sell for less

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) [...]

Discount brokers…

I had a long discussion with my grandfather this past weekend regarding the utility of full-service realtors. He’s been around quite a while, so I have no intention of dismissing his opinion on anything. Especially considering that he’s been an investor in real estate for most of his life.
He point blank asked me why [...]