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Friday, April 18, 2008 1:20 PM

Real estate commissions

... and a tale of 2 buyers. UPDATE: by the time I finish writing, it will be 4 buyers. I've been very fortunate to work with many wonderful buyers (and sellers) during my career as a Charleston real estate agent. Of course, real estate agents work
Posted by Howard Arnoff | 2 Comments
Tuesday, December 11, 2007 8:49 AM

Denial is a river in Eqypt, part 2

In my post last week, Denial is a river in Egypt , I wondered whether the National Association of Realtors (NAR) had any credibility with the public any more. “First we had the Laughable Lereah with his misguided pronouncements and now newly promoted
Posted by Howard Arnoff | 0 Comments
Tuesday, October 16, 2007 12:55 PM

Commission and possibly a bonus too

As reported by 60 Minutes during their famous love fest with Glenn Kelman of Redfin, the 6% commission was declared to be sacrosanct. Of course, we all know that isn't the case but reality vs. what the media reports and what people read or hear can
Posted by Howard Arnoff | 3 Comments
Tuesday, July 17, 2007 12:36 PM

Days on market, how long has this house really been on the market

As I pointed out in a previous post, relist, refresh, deceive , real estate agents have manipulated the days on market data by withdrawing and relisting the property to reset the clock at zero. A follow up article on the Inman News Blog now reports that
Posted by Howard Arnoff | 0 Comments
Friday, July 13, 2007 9:49 AM

Real estate q & a

I have linked to Nationally syndicated columnist Lou Sichelman writing at Marketwatch in the past when I noticed an interesting Question and Answer. Today, I thought was one of the best columns he has written and I’d like to comment on just a few
Posted by Howard Arnoff | 0 Comments
Thursday, July 05, 2007 1:08 PM

Relist, refresh, deceive

According to an article I noticed on the Inman News blog, "A Rhode Island Realtor lodged a complaint with the state Realtors association and the state Department of Business over listings information collected by the MLS that he said could be harmful
Posted by Howard Arnoff | 2 Comments
Saturday, June 09, 2007 7:05 AM

Realtor vs FSBO, are real estate agents lower than dirt yet?

A new study by Northwestern University professors compared homes sold by Realtors and FSBO's in one city, Madison Wisconsin. The surprising result was that FSBO's did better. Read all about it. There are asterisks to consider. Then in the NY Times
Posted by Howard Arnoff | 0 Comments
Tuesday, May 15, 2007 2:37 PM

Redfin on 60 minutes ... the facts, not the spin

As I've pointed out previously , 60 Minutes and Redfin did a fine job of trashing just about every real estate agent in America if not the world the other night and claimed how they (and only they) can save everyone money. Glen Kelman is a master
Posted by Howard Arnoff | 0 Comments
Monday, May 14, 2007 5:07 PM

A great post by Larry Cragun

My good friend Larry Cragun wrote a wonderful post and I just noticed he took top prize at the Real Estate Carnival. Congratulations, Lar. Please read, “He Called It The Skyhook Theory. How About Skyhook Theory For Buyers?”
Posted by Howard Arnoff | 1 Comments
Monday, May 14, 2007 4:39 PM

60 Minutes postgame report

The best commentary I've seen in the blogosphere regarding the 60 Minutes article on Redfin is from Kris Berg writing at the Bloodhound Blog. Greg Swann must be congratulated for putting together a great team of writers and the Bloodhound Blog is
Posted by Howard Arnoff | 0 Comments
Sunday, May 13, 2007 7:26 PM

60 minutes, real estate and golf, quick takes

Quick takes on 60 Minutes, real estate and golf at The Players. First things first, let's start with golf. I'm a big fan of Phil Mickelson and congratulations to Phil on a great win. When I watch Phil, it usually is excruciating, yet today he
Posted by Howard Arnoff | 4 Comments
Saturday, May 05, 2007 6:10 AM

Ethics and real estate

As part of a real estate agent's license renewal, mandatory continuing education is a requirement. There are core courses and elective courses available for you to choose from. Since everyone waits until the last moment leading up to June 30th, you
Posted by Howard Arnoff | 0 Comments
Monday, April 02, 2007 5:06 PM

Redfin's Real Estate Consumer's Bill Of Rights

The blogosphere is busy once again today with Redfin's announcement of a Real Estate Consumer's Bill Of Rights. On the surface, it looks pretty but let's examine what and why Redfin is proposing and why it is mostly self serving to their flawed
Posted by Howard Arnoff | 3 Comments
Friday, March 02, 2007 12:30 PM

More on buyer representation

In the post I wrote yesterday regarding an agent bonus , I talked about truly representing the buyer's interests ahead of my personal financial interests. Today, I came across a very interesting post by Kris Berg from San Diego on the Bloodhound Blog
Posted by Howard Arnoff | 0 Comments
Thursday, March 01, 2007 2:38 PM

Agent bonus - real estate transparency

I saw a listing today offering a selling agent bonus of $5000 for a full price offer in addition to the commission. In the interest of real estate transparency and understanding how real estate agents are paid, I wouldn't mind receiving a nice bonus
Posted by Howard Arnoff | 1 Comments