4 ms·
Elimination of Realtors as a profession! Real estate is something of an amateur gig where the "transaction costs" have been ridiculously inflated through obfus
by indiejade 18y ago
Elimination of Realtors as a profession!
Real estate is something of an amateur gig where the "transaction costs" have been ridiculously inflated through obfuscation
http://www.usdoj.gov/atr/cases/nar.htm http://www.usdoj.gov/atr/cases/nar.htm
- indiejade 18y agoFrom the Antitrust Case: "M. “VOW” or “virtual office website” means a website, or feature of a website, operated by a Broker or for a Broker by another Person through which the Broker is capable of providing real estate brokerage services to consumers with whom the Broker has first established a Broker-consumer relationship (as defined by state law) where the consumer has the opportunity to search MLS data, subject to the Broker’s oversight, supervision, and accountability. N. “VOW Policy” means the “Policy governing use of MLS data in connection with Internet brokerage services offered by MLS Participants (‘Virtual Office Websites’),” adopted by NAR on or about May 17, 2003, and any amendments thereto." See also: http://www.nytimes.com/2008/05/28/business/28realty.html?_r=1&em&ex=1212120000&en=d24b1bd8549a7dd4&ei=5087%0A http://www.nytimes.com/2008/05/28/business/28realty.html?_r=...
- oakmac 18y agoRealty's value as a profession is not completely without merit. Just because the true nature of the job has been obfuscated doesn't mean it should be eliminated.