Comments on: Will the DOJ/NAR suit settlement lower commission rates?

By: Marlow Harris

Marlow Harris — Fri, 18 Jul 2008 06:43:25 +0000

Hey Ray Pepper,

Please go back to spamming the Tacoma News Tribune and Redfin blogs and stay out of mine.

Thanks.

By: Ray Pepper

Ray Pepper — Thu, 17 Jul 2008 16:10:32 +0000

Commissions must come down. Its just a matter of time. The buffet is OVER!

http://www.500Realty.net

By: Landflip

Landflip — Tue, 15 Jul 2008 11:23:12 +0000

I think that several years ago when the housing industry was at an all time high, there were a lot of people changing careers and doing something more flexible…like real estate. Now the profession is suffering and we are all trying to stay in business. I think there are a number of agents that are worried that people will “take there leads” by using this system.

By: The Foreclosure Doctor

The Foreclosure Doctor — Mon, 14 Jul 2008 05:49:55 +0000

Thanks for this great analysis. Agreat post with much vital information on mls commissions nationwide.

The foreclosure doctor

By: Dan

Dan — Fri, 11 Jul 2008 18:15:26 +0000

nice entry. I have to deal with a lot of fsbos with my buyers, but generally they home owners have no clue what’s going on. A simple CMA with assertive language really gets the point across. more good stuff at http://www.yournjrealestate.com

By: LL

LL — Thu, 10 Jul 2008 17:02:48 +0000

In our MLS (MLSPIN) in Mass, agents are able to enter a “Entry Only Listing”. Basically a glorified FSBO in the MLS for a flat fee. It has not significantly lowered our commission. Those listings are a pain to deal with because you deal directly with the seller. But, oh well. Our buyers still know about them and we still show everything.

By: Real Estate Watcher

Real Estate Watcher — Thu, 10 Jul 2008 16:27:02 +0000

Isn’t this law suit really about the consumer? By restricting access they do much more than restrict access. They inhibit change and progress, both of which the NAR could use a heavy dose of

By: david losh

david losh — Thu, 10 Jul 2008 02:05:49 +0000

When I read the DOJ ruling it seemed to me that what they were sactioning was the right to rebate a buyer or seller commission dollars as an inducement to do business. To me it was the rebate that was the focal point much more than allowing discount brokerages access to the Multiple Listing Service.
In a sense the rebate does errode the commission, but then again discount brokers do nothing to be paid for, so in my mind it’s a wash. Nothing really changes.

By: Russell Shaw

Russell Shaw — Thu, 03 Jul 2008 08:15:10 +0000

Sometimes it seems some people doing research from an Ivory Tower find the answer to their question by already having that answer before they even asked the question.

By: alisa hagner

alisa hagner — Tue, 01 Jul 2008 21:37:03 +0000

It seems that many assumptions have been made here, so let’s take a look at a few:
1. More discount brokers will enter the market because their listings will get displayed on traditional brokerages websites. Yea, someone should have a clue that 90% of new licensees are out of the biz in a year – the rest of us just change offices.
2. “Enormous amount of discrimination…?” How? A National boycott? A blacklist? No way. If a buyer wants to see a house, how am I going to refuse them?
3. This was about if a listing was taken as EA (Exclusive Agency) not being published on other brokerages websites, it was still in MLS, R.com, and where ever the listing broker put it. They could have, just as easily, taken the listing as ER (Exclusive right to sell) and excluded the commission due if the seller sold the property without a broker. Yes, it would have been that easy.

Alisa in Denver