Comments on: Can It Be Long Before The Fall Of The MLS? http://www.realestateradiousa.com/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/ Internet Money! Money On The Internet! Wed, 10 Mar 2010 04:50:28 -0500 http://wordpress.org/?v=2.9.2 hourly 1 By: Apple Digital World » Blog Archive » The War Against The MLS Continues | The MLS Must Fall! http://www.realestateradiousa.com/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/comment-page-1/#comment-1021 Apple Digital World » Blog Archive » The War Against The MLS Continues | The MLS Must Fall! Sat, 17 May 2008 23:13:21 +0000 http://www.realestateradiousa.com/blog/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/#comment-1021 [...] For further information see this previous article. Copyright © 2008 BloodhoundBlog. This Feed is for personal non-commercial use only. If you are not reading this material in your news aggregator, the site you are looking at is guilty of copyright infringement. Please contact legal@www.bloodhoundrealty.com so we can take legal action immediately.Plugin by Taragana [...] [...] For further information see this previous article. Copyright © 2008 BloodhoundBlog. This Feed is for personal non-commercial use only. If you are not reading this material in your news aggregator, the site you are looking at is guilty of copyright infringement. Please contact legal@www.bloodhoundrealty.com so we can take legal action immediately.Plugin by Taragana [...]

]]> By: Bob http://www.realestateradiousa.com/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/comment-page-1/#comment-949 Bob Tue, 06 May 2008 18:12:59 +0000 http://www.realestateradiousa.com/blog/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/#comment-949 <blockquote>Is it possible that big brokerages like Realogy are hedging their bets as to the adjudication of the DOJ v. NAR Anti-trust lawsuit? With a decision due sometime in July, one has to wonder if the major forces in real estate are seeing the writing on the wall.</blockquote> I don't believe that is the guiding force here. It's about control of listings and broker profitability. If you are a listing agent, you don't care. If you are a buyer agent, then you are in trouble or content to be fed business for a 30-40% fee. I'm sure there is no shortage of agents lining up at the door of company online referral soup kitchen or bread line. <blockquote>Controlling a major portion of the US real estate sales market and with tens of thousands of agents under its umbrella, how will the independent agency compete.</blockquote> By being creative, along with help from the DOJ <a href="http://www.realestateradiousa.com/blog/2008/05/06/the-war-against-the-mls-continues-the-mls-must-fall/" rel="nofollow">here</a>.

Is it possible that big brokerages like Realogy are hedging their bets as to the adjudication of the DOJ v. NAR Anti-trust lawsuit? With a decision due sometime in July, one has to wonder if the major forces in real estate are seeing the writing on the wall.

I don’t believe that is the guiding force here. It’s about control of listings and broker profitability. If you are a listing agent, you don’t care. If you are a buyer agent, then you are in trouble or content to be fed business for a 30-40% fee. I’m sure there is no shortage of agents lining up at the door of company online referral soup kitchen or bread line.

Controlling a major portion of the US real estate sales market and with tens of thousands of agents under its umbrella, how will the independent agency compete.

By being creative, along with help from the DOJ here.

]]> By: The War Against The MLS Continues | The MLS Must Fall! | BloodhoundBlog: Real estate marketing and technology blog | Realtors and real estate, mortgages, lending, investments http://www.realestateradiousa.com/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/comment-page-1/#comment-945 The War Against The MLS Continues | The MLS Must Fall! | BloodhoundBlog: Real estate marketing and technology blog | Realtors and real estate, mortgages, lending, investments Tue, 06 May 2008 17:11:58 +0000 http://www.realestateradiousa.com/blog/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/#comment-945 [...] For further information see this previous article. [...] [...] For further information see this previous article. [...]

]]> By: The War Against The MLS Continues | The MLS Must Fall! | Real Estate Radio USA http://www.realestateradiousa.com/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/comment-page-1/#comment-944 The War Against The MLS Continues | The MLS Must Fall! | Real Estate Radio USA Tue, 06 May 2008 17:07:59 +0000 http://www.realestateradiousa.com/blog/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/#comment-944 [...] For further information see this previous article. [...] [...] For further information see this previous article. [...]

]]> By: Mike Luzzo http://www.realestateradiousa.com/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/comment-page-1/#comment-630 Mike Luzzo Fri, 04 Apr 2008 01:56:35 +0000 http://www.realestateradiousa.com/blog/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/#comment-630 40% !!!!! WHAAAAAATTTTTT! When i get my short sale referrals - i tell them if you give it to me - this phone call will pay you $500...yes i said $500...not bad for 5 minute phone call...I tell 'em it's worth $20,000 an hour ...not bad cash in the grand scheme of things... If they WANT to learn I'll CONSULT with them and they can pay me 25% when it closes. 40% - yeah right! 40% !!!!! WHAAAAAATTTTTT!

When i get my short sale referrals – i tell them if you give it to me – this phone call will pay you $500…yes i said $500…not bad for 5 minute phone call…I tell ‘em it’s worth $20,000 an hour …not bad cash in the grand scheme of things…

If they WANT to learn I’ll CONSULT with them and they can pay me 25% when it closes.

40% – yeah right!

]]> By: Real Estate Radio USA Episode 80 | Real Estate Radio USA http://www.realestateradiousa.com/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/comment-page-1/#comment-449 Real Estate Radio USA Episode 80 | Real Estate Radio USA Wed, 19 Mar 2008 00:41:33 +0000 http://www.realestateradiousa.com/blog/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/#comment-449 [...]   On today’s show we talked about the news from Trulia.com today about their agreement with real estate powerhouse Prudential. Also joining us on the program was Mark Eibner from Brokeriptv.com discussing the use of video in your blogs.We kicked off this episode with the latest in the real estate news world. It seems that Trulia inked a deal with Prudential to showcase ALL of Prudential’s 140,000 listings on Trulia.com. The deal was struck at Prudential’s Real Estate Affiliates national convention in New Orleans. Even the President of Prudential Real Estate Affiliates, Laurie Keenan said that “Trulia… is a great place to showcase our listings”. Barry C and I discuss the possibility of this becoming the aggregation of all real estate listings in a single, free place. Maybe Barry C was right, “Can It Be Long Before The Fall Of The MLS?“. [...] [...]   On today’s show we talked about the news from Trulia.com today about their agreement with real estate powerhouse Prudential. Also joining us on the program was Mark Eibner from Brokeriptv.com discussing the use of video in your blogs.We kicked off this episode with the latest in the real estate news world. It seems that Trulia inked a deal with Prudential to showcase ALL of Prudential’s 140,000 listings on Trulia.com. The deal was struck at Prudential’s Real Estate Affiliates national convention in New Orleans. Even the President of Prudential Real Estate Affiliates, Laurie Keenan said that “Trulia… is a great place to showcase our listings”. Barry C and I discuss the possibility of this becoming the aggregation of all real estate listings in a single, free place. Maybe Barry C was right, “Can It Be Long Before The Fall Of The MLS?“. [...]

]]> By: Heath Coker http://www.realestateradiousa.com/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/comment-page-1/#comment-442 Heath Coker Tue, 18 Mar 2008 13:26:23 +0000 http://www.realestateradiousa.com/blog/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/#comment-442 The big companies are hoping that they can aggregate more agents by controling their data. As a Broker who owns a smaller company, 8 years ago I created a website where any listing agent's website can be found free. (REindex.com) The Realogy type companies are hoping that they can make everyone think that the Internet can't level the playing field for agents. The aggregators like the big Z, T and R, want everyone to think we have to give them our data or we won't be able to work anymore. If brokers stop feeding their listing data to sites that compete with them for search engine traffic, their sites would get found more easily. If an agent paying a 40% referal moves to a company that doesn't charge that, the agent can get an automatic raise. Of course the large referring company will scare them with the idea that they'll do less transactions. Hmmm, less stress for at least the same money? Might work for some. The big companies are hoping that they can aggregate more agents by controling their data. As a Broker who owns a smaller company, 8 years ago I created a website where any listing agent’s website can be found free. (REindex.com)

The Realogy type companies are hoping that they can make everyone think that the Internet can’t level the playing field for agents. The aggregators like the big Z, T and R, want everyone to think we have to give them our data or we won’t be able to work anymore.

If brokers stop feeding their listing data to sites that compete with them for search engine traffic, their sites would get found more easily. If an agent paying a 40% referal moves to a company that doesn’t charge that, the agent can get an automatic raise. Of course the large referring company will scare them with the idea that they’ll do less transactions. Hmmm, less stress for at least the same money? Might work for some.

]]> By: Jeff Duffey http://www.realestateradiousa.com/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/comment-page-1/#comment-367 Jeff Duffey Sat, 08 Mar 2008 14:58:24 +0000 http://www.realestateradiousa.com/blog/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/#comment-367 Working referrals from the company is strictly voluntary. If an agent protests the 40% then they won't get the referral. Simple as that. Working referrals from the company is strictly voluntary. If an agent protests the 40% then they won’t get the referral. Simple as that.

]]> By: Brad Nix http://www.realestateradiousa.com/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/comment-page-1/#comment-365 Brad Nix Sat, 08 Mar 2008 03:53:16 +0000 http://www.realestateradiousa.com/blog/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/#comment-365 Stunning. Why doesn't Realogy just create their own Trulia? and why doesn't Jeff protest the 40% referral fee? Stunning. Why doesn’t Realogy just create their own Trulia? and why doesn’t Jeff protest the 40% referral fee?

]]> By: Barry Cunningham http://www.realestateradiousa.com/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/comment-page-1/#comment-349 Barry Cunningham Thu, 06 Mar 2008 14:38:22 +0000 http://www.realestateradiousa.com/blog/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/#comment-349 40%??? Did You say 40%??? OMG!! That's unreal! 40%??? Did You say 40%??? OMG!! That’s unreal!

]]> By: Jeff Duffey http://www.realestateradiousa.com/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/comment-page-1/#comment-335 Jeff Duffey Tue, 04 Mar 2008 05:10:00 +0000 http://www.realestateradiousa.com/blog/2008/03/03/can-it-be-long-before-the-fall-of-the-mls/#comment-335 As an agent that works under the Realogy umbrella I know that my local company in Dallas, TX is steering their money towards the internet instead of the overly expensive newpsaper ads. They know agents don't know how to utilize the internet so they do it for them...and tack on a little referral fee for their efforts. i.e. someone clicks on a Trulia ad to get more information on a listing and our corporate office hands it out to a local agent and tacks on a 40% referral fee. It's always about money baby! As an agent that works under the Realogy umbrella I know that my local company in Dallas, TX is steering their money towards the internet instead of the overly expensive newpsaper ads. They know agents don’t know how to utilize the internet so they do it for them…and tack on a little referral fee for their efforts. i.e. someone clicks on a Trulia ad to get more information on a listing and our corporate office hands it out to a local agent and tacks on a 40% referral fee. It’s always about money baby!

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