Keyword: Discount Brokerage
Realcomp II Reduced Competition- Harmed Consumers
… Says an FTC Ruling. In a 4-0 ruling today, the FTC says Realcomp II acted to restrict consumers access to discounted listings through it’s websites, thus harming competition. In its opinion announced today, the Commission found that “the practices at issue improperly limit consumers’ access to information about the availability of these lower-priced alternatives,” and . . . concluded ...
1. The Discount Realtor Rain Dance
I believe that the success of a rain dance has more to do with timing than the quality of the dancing. A few short years ago the discount real estate companies were being heralded as the wave of the future. "Traditional brokerage" was all but finished. Game over. Now the internet based, lower fee, more modern, forward-thinking companies would ...
How High and How Low Can Your Commission Go?
What is your time worth per hour? Your fee structure would reflect that amount. Just how does a working Realtor get their income up? Charge more? Get more people to pay them? Both? Some other answer? A few years ago (late 2004 and through 2005) there was more downward pressure on real estate commissions than I’ve seen seen in the ...
Where in the World is Iggy?
Buyside Realty & Iggy’s House have Vanished We’ve been watching for the websites of Iggys and Buyside to reappear over this past week, but I find it odd that no press releases have been issued to explain server problems or outages, much less an adios. Is this another case of a discounter fading into the night without a word? All ...
Thrive – Survive – Thrive
Pushing the River It is sometimes amazing how it lightens one’s load to find out that you weren’t alone in having a particular problem. The downside of course is if one is seeking agreement on having that problem the people they find in agreement with the problem can become a support group for the problem. And that can equal agreement ...
Biz Briefs – Realtor Stock UP Sharply
This just in- Realtor stocks up! Several factors are playing into this sharp upswing in Realtor trading: Market volatility Subprime fears Shrinking profit margins Inventory swelling Segmented Buyers Increased pressure from buyers on sellers to give up more profit After a good 6 month run of the bad mouthing from competing alternative business approaches to real estate all around the ...
BuySide Realty Launches in Seattle… Battle-Lines Drawn?
BuySide Realty Inc. launches in Seattle and goes head-to-head with Seattle based Redfin Corp. Buyside Realty through Iggy’s House lists home for free while Redfin charges a flat fee for their MLS listing. Will Buyside eat the perch for dinner? Who knows, but this will be more than interesting considering Redfin put a 23 day hold on all new listings. ...
Redfin Proves Me Right, Again… Redfinned
Back on May 21st, RE Agent in CT wrote a shorty piece on One Good Thing About Redfinwhich was an interesting twist on all the verbal violence against Redfin. In Short, Athol Kay asserted that at least Redfin customers and clients would receive consistent service similar to McDonalds, but my reaction was that volume has nothing to do with service. ...













