24 Hours of NAR on the RE.net
Author: Jay T. - The EditorPosted on October 18, 2007
Filed Under NAR - Weekly Links
Here are a few posts from the last 24 hours that touch on the NAR….
Real Estate Myths or What I Did on My Summer Vacation — from Sellsius
The sellsius guys compare the oft quoted NAR stat that 77% of home buyers start their search on the Internet to what they found “on the street” during BlogTour USA. A great read!
In the Gospel according to NAR, 77% of buyers use the internet to search for homes. This stat has become sacred dogma, incessantly chanted by MSM and the bloggerati. It provides the philosophical foundation for putting your listings on all manner of websites. It requires you do penance to upgrade to the revered “featured listing”. To question this stat would be a blasphemy akin to questioning the earth’s roundness (actually, the earth is an oblate spheroid, but I digress.)
Don’t live in fear of the NAR or your broker — disintermediate them — from Greg Swann at BloodhoundBlog
Greg is never shy about his thoughts, ideas and opinions. An interesting, thought provoking read.
The stakes are high, as Brian has pointed out. You yourself have been smart enough to build a Web 2.0 marketing strategy, but now you’re faced with the possibility that your broker, with or without the help of the brokers’ cartel, the National Association of Realtors, may try to take it all away. Here are some things you can do to pursue independence now:
Does the NAR & the Big Brokers really want to fight The Blogosphere? — from Rain City Guide
The most interesting part of this post is the comment where ARDELL says, “If NAR would nix it (blogging), I’d just quit NAR.” The only reason I’m in the NAR is to get MLS access. Maybe ARDELL’s MLS doesn’t require it. Makes me wonder why she’s a member if she can “just quit” it.
NAR stepping into wildly unknown territory — from Real Central Virginia
Jim Duncan applies the NAR’s own Code of Ethics to answer this frightening concept:
The RE.net is evolving, and mostly self-policing, much too quickly for the National Association of Realtors to regulate it. Good luck to them if they have any thought that this might fly -
6. Posting unfavorable/unflattering (but truthful) comments to Blogs
There are more posts out there. Your editor is a little busy preparing to leave for Puerto Penasco, Mexico today for a little R&R. Posting my be light through the weekend….
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6 Responses to “24 Hours of NAR on the RE.net”
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I agree that the real estate industry is stuck in the mud and lacks high-tech state of the art tools for realtors. At a recent meeting a realtor told me about a brand new site that has helped him and other realtors sell homes quickly. Its kinda like ebay - 321gone.com It has a countdown counter and is comprised of motivated seller listings. It’s a fresh idea that is well overdue in the real estate industry.
The problem with NAR is that their data is old and probably taken from the middle of the country. Out here in the West, and the heartland of technology, the Bay Area, my guess is that 97% of all searches for a new home begins online. By the time NAR figures all of this out, we’ll all be leapyears ahead of them, and by that I mean twice where we are today. We’re leaving them in the dust. Change will only come when someone from the real estate tech community gets into the inner sanctum of NAR. Who knows how or when this could happen? Ha! Probably never because we are a threat and they don’t understand us and are afraid of us. The tail is wagging the dog.
Jay, thanks for putting this site together. The NAR is sadly behind the curve in technology and the world is spinning much too fast for them to catch up.
While I feel I may be less disgruntled with NAR than the average real estate blogger I’m enjoying this site. Thanks to Jay, “The Editor” for starting it. I have had a theory about there being a geographic element to disgruntlement or gruntlesment (if there is such a word) with NAR.
Have fun in Mexico.
Correct Jay. Our MLS does not require it.
So ARDELL, then is it safe to assume you see value added from being an NAR member? Care to expand?