Today’s Brokerage

State of Unrest

Why is there so much angst between Realtor associations, MLSs and brokerage firms?

 

By Steve Murray

 

“The whole is festering with unhappy souls. The French hate the Germans, the Germans hate the Poles. Italians hate Yugoslavs and South Africans hate the Dutch. And I don’t like anybody very much.” -Kingston Trio “They’re Rioting in Africa” lyrics

 

Sounds like the current state of our industry, doesn’t it? The level of angst between local, state and national Realtor associations, MLSs, brokerage firms and national realty chains has risen to new heights. Everyone is unhappy with everyone else in some fashion. Of course, there are exceptions (though hard to find).

 

It occurs to us that this is what happens when the pie shrinks (revenues generated by the industry and the lack of growth in membership). The fight becomes one where everyone invades someone else’s turf (mission creep). It happens in other industries as well.

 

What is needed is a group of wise people from the various constituencies to gather and come up with a way to co-exist.  A new road map is needed. A map that lays out how the market place can be made clearer and more efficient. That would be a worthy goal. It behooves these leaders to find some solutions before external forces develop their own path (pocket listings anyone?).

 

We may be wrong, but it seems like we are creating fixes on the run when what is needed is a full examination of how we are organized, whether that still works as intended and are there new structures and rules that are needed that reflect today’s reality.

 

Just a thought.

 

 

 

Other News

 

Ordinary Americans Priced Out Of Housing: Institutional Purchases Hit Record, Half Of All Deals Are “All-Cash”
http://www.zerohedge.com/news/2013-10-24/ordinary-americans-priced-out-housing-institutional-purchases-hit-record-half-all-de

 

Suddenly, Housing’s Activity Is Looking Bullish
http://www.forbes.com/sites/johntobey/2013/10/24/suddenly-housings-activity-is-looking-bullish-2/

 

Half of nation’s foreclosed homes still occupied
http://money.cnn.com/2013/10/24/real_estate/occupied-foreclosures/

 

Buffett Says Gains in Housing Fall Short of Equilibrium

http://www.bloomberg.com/news/2013-10-24/buffett-says-gains-in-housing-fall-short-of-equilibrium.html

 

Don’t look for changes to housing tax breaks soon
http://www.latimes.com/business/realestate/la-fi-harney-20131027,0,7390702.story

 

Article: What Recovery?
http://www.opednews.com/articles/What-Recovery-by-Mike-Whitney-Banks_Foreclosures_Housing_Investors-131027-526.html

 

More See Homeownership for the Middle Class as Less Likely

http://realestate.aol.com/blog/2013/10/25/more-see-homeownership-for-the-middle-class-as-less-likely/

 

CFPB Files Suit Against Kentucky Law Firm Borders & Borders, PLC for Paying Illegal Real Estate Kickbacks

http://www.huntingtonnews.net/75336

 

MBA: Mortgage Applications Increase 6% in Latest Weekly Survey
http://www.calculatedriskblog.com/2013/10/mba-mortgage-applications-increase-6-in.html

 

How Upcoming Mortgage Changes Could Affect You
http://blog.credit.com/2013/10/how-upcoming-mortgage-changes-could-affect-you/