All Posts Tagged With: "brokers"
Is Real Estate Brokerage Ready For Term Licensing?
More than two million people now have realty licenses, a number which raises a question: Does the marketplace really benefit from so many licensees? The debate here is more complex than it may seem. As a society we want minimal entry barriers so that the business of real estate is open to all and also [...]
12Sep2008 | Peter G. Miller | 0 comments | Continued
Must Real Estate Brokers Advertise Everywhere?
In defense of the right to pirate broker data, the argument is increasingly made that brokers must allow listing information and photos to be posted anywhere and everywhere because — we are told — this benefits property owners and benefiting sellers is an absolute obligation for listing brokers. This is a perspective which is both [...]
6Sep2008 | Peter G. Miller | 0 comments | Continued
Can Brokers Buy Their Own Listings?
Brokers and salespeople surely have a right to buy real estate, the question is under what circumstances. If Smith lists a home and later wants to buy it, Smith has access to information which may not be available to an arms-length buyer. Realistically, anyone in Smith’s brokerage firm may also have the advantage of such [...]
30Aug2008 | Peter G. Miller | 0 comments | Continued
Do I Really Need Help Selling A Home?
If you ever bought a cow, you know that you need a vet, a farmer, agricultural inspectors, tax specialists (it is possible to depreciate a cow), an insurance agent (yes, they can be insured), etc. The bottom line is that transactions are often more complex than they seem. Real estate transactions have become markedly more [...]
28Aug2008 | Peter G. Miller | 0 comments | Continued
What’s The Difference Between Mortgage Brokers And Mortgage Bankers?
In general, a mortgage banker has the ability to make loans from his or her own funds. A mortgage broker finds funds for a borrower from investors such as insurance companies, commercial banks, S&Ls, and pension funds. As a practical matter, in many cases mortgage bankers act as mortgage brokers — and so do commercial [...]
28Aug2008 | Peter G. Miller | 0 comments | Continued
Is Brokerage Solidarity A Real Estate Reality?
Is the brokerage community some sort of monolith, a group-think brotherhood where all march in unison? I wondered about such issues when I got email the other day which really peeked my interest. The letter went something like this: I wonder if the FSBO listings on the MLS are treated differently by brokers at large, [...]
20Aug2008 | Peter G. Miller | 0 comments | Continued
Will Real Estate Brokerage Fees Fall To Zero?
Since the Internet first became commercially viable in the 1990s it’s been driven largely by a single principle, the idea of pushing prices to zero. If you can make money by not charging then you’ve likely got a winner. The reigning champ at this time is obviously Google — it makes a ton of money [...]
20Aug2008 | Peter G. Miller | 0 comments | Continued
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