More Bad News for Realtors, Part 819

I like to stop by the National Association of Realtors’ blog now and again to see what the N.A.R. is making of the many changes in real estate. A recent posting referred to a Harris Interactive poll from July in which people were asked to rate the prestige of various occupations. Firefighters were No. 1, […]

This Is the Sound of Chinks Appearing in Armor

There have been many discussions on this blog, probably too many, about Realtors. (Click here or here or here, or, if you’re really twisted, just type “Realtor” in this page’s search box.) The gist? The National Association of Realtors has done a great job protecting its members but at the expense of allowing homesellers and […]

Note to Realtors: You May Want to Skip This One

In the interest of not piling on, I was initially reluctant to mention this working paper, posted on the AEI-Brookings Joint Center for Regulatory Studies website, about the flaws in the commission structure used by Realtors. Especially since its author, an attorney for the federal government named Mark S. Nadel, cites our book as well […]

Can’t Take a Step Without Meeting a Realtor?

In New York City, at least, it sometimes seems that way. Not long ago, we wrote a column about how a real-estate boom actually lowers median Realtor income because of all the new agents who rush in to join the boom., a new website that allows customers to rate Realtors, has posted an interesting […]

Pity the Payday Lenders

I recently got an e-mail from someone who works for the Community Financial Services Association, the national trade group of payday lenders. She is unhappy that Congress wants to put a cap on the rates that payday lenders can charge. The proposed cap is 36% APR. If this legislation were passed, the CFSA woman writes, […]

The National Association of Realtors is right about this

I gave a speech at the PCBC builders conference earlier this week which Glenn Roberts, Jr. summarizes on the Inman News blog. (The link is to a subscription site, unfortunately. I could get to the article yesterday, but today it asks for a login.) In his article I am quoted as saying that the N.A.R. […]

What Do the Natl. Assn. of Realtors and Genghis Khan Have in Common?

Nothing, except for the fact that I’m going to write about both of them here. A couple weeks ago, I posted about Thomas Robinson, an accounting professor at the University of Miami who, through ancestral DNA testing, had been deemed the first American to be able to genetically claim to be a descendant of Genghis […]

More Realtor News

The National Association of Realtors has more than its fair share of adversaries, including the U.S. Department of Justice (which is suing the N.A.R. for anti-competitive practices) and the Consumer Federation of America (whose executive director recently told the N.Y. Times what he thinks of the N.A.R.: ”Because the industry functions as a cartel, it […]

Realtors Get a Blog

The National Association of Realtors has started a blog. The lead item today is headlined “The Cost of Selling without a REALTOR?: $31,800.” Pretty scary, huh? Here’s the lead: “Real estate professionals do more for sellers than make the transaction easier. They make them money. In fact, the average seller who uses a real estate […]


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