Social Media News

The housing market may not be the “Goose that laid the Golden Egg” that it used to be, and sales may be harder to come by these days, but that is no reason to put yourself in danger for a real estate commission.

Lately there has been quite a buzz in the real estate blogosphere about the likes of Trulia and zillow “stealing” business from real estate agents.

  “Blacks Are Like Lemmings In General Elections”.And there you have it. One statement, by a former member of Active Rain letting us know quite succinctly that racism is alive and well in the real estate blogosphere.

Yes, I know that there are blogs everywhere in this so called RE.net, Web 2.0 world, but lately it seems like I am walking down the halls of my high school. There’s the cool kids over by Mr. Hannah’s homeroom.

  As the real estate industry awaits the long anticipated trial pitting the Department of Justice vs. The National Association of Realtors, another Multiple Listing Service has been targeted by the DOJ.

That’s great, it starts with an earthquake, birds and snakes, an aeroplane and Lenny Bruce is not afraid.

  The NAR has launched a new website called Realtor Confidential. This site is ”designed to educate our membership about technology-related topics and investigate how NAR can best use Web-based technology to communicate with members”.

Okay, I have taken a full 24 hours to digest this blogosphere debacle before offering my 2 cents. In addition I have spoken to Glen Kelman, the CEO of Redfin as we interviewed him today on our show about this..this..thing of ours.

  “At least the bottom appears to already have occurred” Lawrence Yun – February 15, 2007

  “Buying a house is not the same as buying a house on fire” JPMorgan Chase CEO Jamie Dimon explaining his bargain basement deal to buy Bear Stearns