Mon 15 Jan 2007
Carnival of Real Estate
Posted by Marlow Harris under Elvis, Popular Culture, Real Estate

Step right up, Ladies and Gentlemen, it’s a Real Estate Freak Show, the Zillow Carnival of Real Estate! Only one thin dollar, 10 tiny dimes, cheap at twice the price! We cheat the other guy and pass the savings on to you!
As I had mentioned last week, I was hoping that someone would enter a post in honor of Elvis’ birthday. Several writers stepped up to the challenge, including John Harper and Pat Kitano.
John Harper writes “Elvis on Blogging” on The Harper Team. I haven’t seen your blog before, John, and I enjoyed it. Good job!
Patrick Kitano stepped up to the challenge and presented Elvis = Zillow posted at TRANSPARENT REAL ESTATE (www.TransparentRE.com). Excellent. Thank you. Thankyouverymuch.
This has nothing to do with Elvis, but it does include the topic of music. Clifford Jacobson presents “Mamas Don’t Let Your Babies Grow Up To Be Realtors”. The Songs Of Real Estate 2.0. posted at WebHomeUSABlog, asking the age-old question, “Should Mothers allow their children to go into Real Estate?”
Jim Cronin presents The Secret To Developing Real Estate Blog Content posted at Real Estate Tomato. It was a good topic, plus he sent me a cool T-Shirt. Thanks Jim! (State regulators note, I can be bribed.)
Jay Thompson presents Phoenix Bloggers Meet; Much Conversation Ensues, Including The Long Tail posted at The Phoenix Real Estate Guy, saying, “The Long Tail and local content blogging in action.” This had absolutely nothing to do with Elvis, but he DID remember to wish E. a Happy Birthday at the end of the post. (See, I really DID read all your submissions!)
This has nothing to do with Elvis either, but it’s interesting nevertheless. Toby Boyce presents What Did You Write? posted at Sadie’s Take on Delaware Ohio, saying, “Society is learning that words are more important than we ever thought — should it be any different in our advertising?” Our broker used to hand out a little sheet with useful words to assist agents in writing useful ad copy. The word “charming” was definitely the most overused word in the real estate ad.
I liked Nigel Swaby’s post entitled Real Estate Agent Tricks - How to Protect Yourself posted at Salt Lake Real Estate Blog. It’s aimed at Buyers, and may not be applicable to all areas, but it’s interesting. It discusses pulling a house off the market to make it look like a new listing. This is not possible to do in our market and would be a good thing to abolish everywhere, if possible. Though playing devil’s advocate, if someone finds a house they like at the price they like, how is “market time” relevant, all other things being equal? Anyway, I digress….
This also has nothing to do with Elvis, but does embrace TV and popular culture, which are two more of my favorite subjects: Tracy Coenen presents Flip This House lawsuit posted at FRAUDfiles. A month doesn’t go by where I’m not contacted by A&E, HGTV or the Fine Living Channel, looking for subject material for their 24-hour-a-day home & garden-themed television shows. They want to film folks but refuse to compensate them in any way, asking them to provide free content so they can continue to sell their on-air advertising. Needless to say, this is a very interesting subject.
In another reference to popular culture and television, Praveen presents Trump Mortgage Boss Inflated His Resume? posted at My Simple Trading System.
And who doesn’t love a weird house for sale? Silicon Valley Blogger presents This Unusual Property Is For Sale posted at The Digerati Life about a real-life fire station for sale.
I’ve often noticed that neighborhood transformation by gay and lesbian residents often has a postive economic impact on neglected areas, a topic addressed by Nina Smith in Ten Money Questions for Mark Brand posted at Queercents, saying, “Award-winning architect, Mark Brand, talks about houses and money in the Queercents series: Ten Money Questions”
So, I’m finishing up here, looking for Elvis, or other funny or unique posts and what do I see but Bryant Tutas’ incredible post entitled “Martin Luther King: Rest in Peace, My Brother“, a beautiful and haunting entry, particularly relevant today, on Martin Luther King’s birthday. Thank you Bryant, for that meaningful and eloquent post.
18 Responses to “ Carnival of Real Estate ”
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Pingback from Step Right Up! The Carnival of Real Estate at 360 Digest at The Phoenix Real Estate Guy
January 15th, 2007 at 1:20 pm[...] Uber blog goddess Marlow Harris has posted the results of the 25th version of the Carnival of Real Estate on her fabulous 360Digest blog. [...]
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Pingback from Sadie’s Take on Delaware Ohio » Blog Archive » Shucks, the Carnival is Back …
January 16th, 2007 at 7:13 am[...] The 24th Carnival of Real Estate made its stop this week at 360 Digest and she selected our post “What Did You Write” as a winner this week. [...]
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Pingback from Confessions of a Carnival of Real Estate Host/Judge : agentgenius.com
October 12th, 2007 at 5:38 pm[...] 25- 360Digest [...]



January 15th, 2007 at 1:26 pm
I tried to come with some about Elivs, but the best I could come up with was a reference to Elvis Stroiko … so I gave up
Thanks for the mention and a great job.
January 15th, 2007 at 2:04 pm
Thanks for all your work on this Marlow! (and thanks for the nod)
January 15th, 2007 at 9:40 pm
No comments on the picture?!? That is one hell of a picture, ma’am… much obliged!
January 15th, 2007 at 11:06 pm
Isn’t that a cool photo? It’s a shot from one of the last tours of Gary Syers’ Mystery Wonder Show that was a collection of freakish objects gathered under one (tent) roof that traveled around carnivals and fairs in the Pacific Northwest. Unfortunately, it was dismembered last year and the last remnants of “gaff” were sold at auction at Pacific Galleries. I took some photos and wrote about it here: http://360digest.com/rogue-taxidermy/
Nicole Brodeur of the Seattle Times also had a great article about the disolution of his incredible collection here: http://archives.seattletimes.nwsource.com/cgi-bin/texis.cgi/web/vortex/display?slug=brodeur05m&date=20060305&query=nicole+brodeur%2C+pacific+galleries
As a side note, Gary used to play with the John Holt Orchestra, and many folks have memories of him and the tea dances held at The Boren and other clubs in Seattle years ago… Last I heard, Gary took the dough from the sale of his odd freak show and took off to Tucson. Fair thee well, my fine freak lovin’ friend!
January 16th, 2007 at 5:43 am
Hi Marlow, Great job on the Carnival this week. Thanks for the mention. My post wasn’t about “The King” but it was about “A King”
January 16th, 2007 at 6:12 am
A very fine Carnival, Marlow. The Elvis addition was a fun twist. I like twists.
January 16th, 2007 at 9:59 am
Marlow-
Thanks for putting this together. I want to let everyone know that I just post the link post with the rest of this week’s submissions: http://www.carnivalofrealestate.com/2007/01/core_link_post_.html
January 16th, 2007 at 5:25 pm
It discusses pulling a house off the market to make it look like a new listing. This is not possible to do in our market and would be a good thing to abolish everywhere, if possible.
How is it not possible? I can show you several recent examples I’ve noticed where the impossible has happened.
A realtor miracle akin to the re-incarnation of The King himself!
BTW, If you are up to the task of setting in motion some sort of official NWMLS shunning of the trasgressors (or is there actually some regulatory teeth, where Sainthood need be proven when miracles occur?), I’ll be happy to scrape up a little info for you on the particulars. They are pretty easy to find, however, and I’m surprised anyone with access to the MLS isn’t completely aware of the practice. Here’s one I noticed just today. It’s been on the market for months, but is listed on redfin as 8 days.
Perhaps “not possible” was too strong a word? Or maybe a loop-hole, like changing the price a few grand makes it suddenly “possible”?
Just a minor annoyance to me while looking for houses, but perhaps a Realtor might feel differently about the percieved ethics of their esteemed profession.
Nice idea on the Carnival, btw. Very entertaining.
January 16th, 2007 at 10:21 pm
Uhmm…. Thanks, I think!
I guess you’re right, it is POSSIBLE to pull a house off the market and relist it. But if there is no measurable reason for a termination and relist, and someone complains or the NWMLS notices, then that agent can get fined. And they do. Just last month, an agent who pulled a house off the market, reduced the price by a few bucks then put it back on, got fined.
On Redfin, you’re not looking at total market time. Those “days on Redfin” you see listed are not “days on market”. It’s literally just “days on Redfin”. At least days on Redfin under that listing number.
When an agent takes a listing, it’s for a time period, generally 90 days. When that listing expires, it’s necessary to re-list it. When it gets relisted, it gets a new MLS number. On the MLS website, the total number of days will show up. However on Redfin, it is only “day on Redfin WITH THAT PARTICULAR LISTING NUMBER”, not total days on market. That’s why it could look like you’re being deceived, but it’s just a technicality of the NWMLS. And, of course, this would underscore my opinion as to why you need a Realtor such as “Yours Truly”, to explain this to you! Why Redfin does not explain this on their site, I don’t know. But I’m happy to elaborate
Anyway, yes, some agents may TRY to cancel a listing and relist it. However, they cannot do it. That is, they can’t do it themselves. They can ask the seller to write a letter cancelling the listing. But the seller has to write a reason WHY it is cancelled. And then, if they relist it without SUBSTANTIAL CHANGES, it can be denied by the MLS. For instance, a simple price change would be denied. Even a BIG price change would be denied. But if someone took their house off for several weeks, remodeled the kitchen and then put it back on with a whole different description (because of the changes), then that might be ok. But it can’t be done by the agent, it must be done by the MLS and there are safeguards in place. A really dishonest person can get around them, but that’s probably the case in every field and in every venture.
Me, I choose to believe that most people are honest and most are acting in good faith. To believe otherwise would…. well, it would make my world a very unpleasant place to live.
January 17th, 2007 at 12:31 am
Thanks for the explanation, Marlow. I appreciate it.
I had thought the definition of re-listing was listing again with a different MLS number. I thought then that total days on the market was defined by that.
I’ve heard that those with access to the MLS can look up the history of listings for a particular property, but didn’t think the entire history was added into the days on the market number across different MLS numbers. Very interesting.
So it’s not deceptive other to Realtors, just us regular schmoes who have to rely on sites like Redfin. I do see a bunch of houses with days on redfin up close to a year, but I guess you can make a listing that long.
Good info to know. Thanks again.
Oh, how big’s the fine?
January 17th, 2007 at 1:20 am
Well…. I’m not sure the “rules” about this, so I’ll XXX out the agency and name, but I just copied this directly from the MLS:
Company: XXXXX Realty
Designated Broker/Branch Manager: Tom XXX
Agent: RonnieXXX
Rules Violated: Rule 1 (Listing Input Program), Rule 10 (Incomplete, Inaccurate Exclusives)
Summary of Complaint: Agent input two listings for the same property, but modified some of the information in the second listing to avoid calculation of the days-on-market and proper reporting of property history.
Penalty: $2,500 fine.
I’ve seen fines up to $10,000 for other infractions. I think those sums are high enough to discourage casual rule-breaking.
I think the reasoning behind the non-public disclosure of total ‘days on market’ is that SELLERS were our original clients and it was not necessarily in their best interest to have that just OUT THERE for everyone to see, even though we’ve always had that info available on the private MLS site.
It’s not a “deceipt”. Keybox and showing information is left out too, as is seller contact info, occupancy and other private remarks that may not be relevant, at least not relevant to the casual observer.
Again, Mr. Biliruben, another good reason to have an honest hard-working agent to give you good advice! The lure of a commission rebate may be false economy if you end up making a poor or uninformed decision. I’m not saying you can’t make yourself a good deal. I’m just saying that some agents DO bring value to a transaction, perhaps with neighborhood familiarity or with negotiation tactics or other skills.
But hey, thanks for taking the time to read my blog.
Good luck!
January 17th, 2007 at 9:04 am
Thanks again, Marlow.
I’m pretty confident that neither you, nor any other Realtor would want me as a client right now. Given how the market currently is, I either need to find a large bundle of cash underneath my wheelbarrow, continue saving for a couple more years, find someone willing to pay me twice what my current house is worth, or wait for the market to normalize a bit.
I’m pretty picky. I want a decent size house in a good neighborhood, with a yard that will fit my dog comfortably, not too far from the city, on a quiet street that won’t be too dangerous for my 4 cats and impending youngin’. Nothing fancy, just a short enough commute that my time is spent at home instead if I-5, and enough space that I don’t have to climb over more than 3 items when getting a drink of water.
That doesn’t seem like it should be an impossible thing to find, given we are two highly educated adults making a very good living and with a few hundy K to put down, but unfortunately it is.
The houses that start to come close to our basic wants and needs are 700-800K, and we just can’t afford that.
That doesn’t seem to make a lot of sense to me, but that’s the way it is.
I don’t think a Realtor would want to hold my hand for 2-3 years, so I am just keeping my finger on the pulse of the market to see of something changes for the better to make a move possible and find some desperately needed space for our crazy 8 oxygen breathers!
Thanks again for your time and explanations, Marlow.
January 17th, 2007 at 1:01 pm
Mr. Biliruben,
Thanks again for a nice conversation. I read lots of blogs, including Seattle Bubble and see your and other folks comments there and I know there’s a lot of anger out there. Some is justified, but I think some is aimed at people who don’t really have any control over the situation. We’re all just bozos on the same bus. Many agents in my office can’t afford their own home! If I could wave a magic wand and create more affordable housing, believe me, I would.
Thanks again.
January 17th, 2007 at 1:46 pm
Thank you too. Yeah, I sometimes haunt the bubble sites, but it’s more interesting and useful to talk to people with differing opinions.
I think more transparency in the realty and mortgage industries would make for a more educated consumer, and that in turn would help people make more realistic housing and investment decisions, which would in turn help keep housing affordable as well as keeping people on an even keel financially.
Your blog and ones like it are a good step in the right direction towards sorely needed education about the process and pitfalls. Keep up the good work.
February 1st, 2007 at 3:30 pm
I love the photo Marlow. Its too bad they dismantled and auctioned it all off.