Much of the recent news regarding the mortgage meltdown and waves of possible foreclosures due to individuals who can’t refinance and can’t sell due to lack of equity raises the question if more people will sell their homes “For Sale by Owner”. We happen to think that the number of FSBO listings will increase […]

According to an article in USA Today, a 40 acre Hamptons, NY ocean view property has been sold “For Sale by Owner”, saving the owners well over 5 million in real estate commissions*. The buyer of the property was Mr. Ron Baron of the Baron Funds investments and the seller was Adelaide de Menil, […]

According to an article in USA Today, a 40 acre Hamptons, NY ocean view property has been sold “For Sale by Owner”, saving the owners well over 5 million in real estate commissions*. The buyer of the property was Mr. Ron Baron of the Baron Funds investments and the seller was Adelaide de Menil, […]

According to an article in USA Today, a 40 acre Hamptons, NY ocean view property has been sold “For Sale by Owner”, saving the owners well over 5 million in real estate commissions*. The buyer of the property was Mr. Ron Baron of the Baron Funds investments and the seller was Adelaide de Menil, […]

Many real estate agents would lead consumers to believe that they should attempt to sell a home FSBO and those that do will use a real estate agent the next time. According to the 2006 NAR Profile of Home Buyers and Sellers, FSBO’s where asked if they would sell by owner the next time. […]

Everyone is still talking about Redfin on 60 minutes, with many agents claiming how much more professional and experience a the “traditional agent” is…. really? The NAR just released the 2007 REALTOR Technology Survey which has some interesting points but the most telling is probably this from page 7. - 47% of […]

According to Alexa, Redfin blew by the top three real estate franchises, Century 21, Coldwell Banker and Remax in terms of traffic to their websites due to the 60 Minutes video. The real estate community was upset as well as the NAR who as disappointed and blogs blew up with many comments. […]

A few days ago on Cnn Money there was a blog post on Generation Risk t that has exploded into opinions regarding the softening housing market is going to bring down the economy or not. As of this morning there is 96 posts attached to it with opinions varying greatly. One of the […]

The NAR is often quoted as stating the FSBO’s are going down and losing market share but the reality, is that they (we) are really gaining a huge market share. Don’t believe me? I know many (REALTORS) will quote the 2006 National Association of REALTORS (NAR) Home Buyer and Seller Survey […]

There is a blog post at inman news that is getting lots of comments… mostly pro-REALTOR… never extinct kind of stuff. Very interesting reading for those who take the time to view all comments. Overall, it seems that must think the REALTORS job will simply change since they don’t control the information anymore […]