By Benn Rosales on November 2, 2009
… Says an FTC Ruling.
In a 4-0 ruling today, the FTC says Realcomp II acted to restrict consumers access to discounted listings through it’s websites, thus harming competition.
In its opinion announced today, the Commission found that “the practices at issue improperly limit…
Posted in News | Tagged Discount Brokerage, disruption, FTC, MLS
By Russell Shaw on February 24, 2009
I believe that the success of a rain dance has more to do with timing than the quality of the dancing. A few short years ago the discount real estate companies were being heralded as the wave of the future. "Traditional brokerage" was all…
Posted in Discount Brokerage, Marketing, Realtors | Tagged Brokerage, Discount Brokerage
By Russell Shaw on July 7, 2008
What is your time worth per hour? Your fee structure would reflect that amount. Just how does a working Realtor get their income up? Charge more? Get more people to pay them? Both? Some other answer?
A few years ago (late 2004 and through…
Posted in Coaching | Tagged commissions, Discount Brokerage, Realtor
By Benn Rosales on June 29, 2008
Buyside Realty & Iggy’s House have Vanished
We’ve been watching for the websites of Iggys and Buyside to reappear over this past week, but I find it odd that no press releases have been issued to explain server problems or outages, much less an…
Posted in News | Tagged Buyside Realty, Discount Brokerage, Iggy's House
By Russell Shaw on May 18, 2008
Pushing the River
It is sometimes amazing how it lightens one’s load to find out that you weren’t alone in having a particular problem. The downside of course is if one is seeking agreement on having that problem the people they find in agreement…
Posted in Discount Brokerage, Real Estate, Realtors | Tagged Discount Brokerage
By Benn Rosales on August 14, 2007
This just in- Realtor stocks up! Several factors are playing into this sharp upswing in Realtor trading:
Market volatility
Subprime fears
Shrinking profit margins
Inventory swelling
Segmented Buyers
Increased pressure from buyers on sellers to give up more profit
After a good 6 month run…
Posted in Marketing | Tagged Discount Brokerage, MLS, Tech
By Benn Rosales on June 17, 2007
BuySide Realty Inc. launches in Seattle and goes head-to-head with Seattle based Redfin Corp. Buyside Realty through Iggy’s House lists home for free while Redfin charges a flat fee for their MLS listing.
Will Buyside eat the perch for dinner? Who knows, but this will…
Posted in News | Tagged Buyside, Discount Brokerage, Redfin
By Benn Rosales on June 13, 2007
Back on May 21st, RE Agent in CT wrote a shorty piece on One Good Thing About Redfinwhich was an interesting twist on all the verbal violence against Redfin. In Short, Athol Kay asserted that at least Redfin customers and clients would receive consistent service…
Posted in News, Opinions | Tagged Business Model, Discount Brokerage, Redfin