A-00-CA-154JN, 2000 WL 34239114, at * 2 (W.D. Tex. Mar. 30, 2000). 87. DelBianco, Tr. at 182. 88. Id. 89. Id. 90. Id. at 186. 91. Examples of FSBO websites consist of: ForSaleByOwner. com, http://www. forsalebyowner.com (last visited April 20, 2007); FSBO.com, http://www. fsbo.com (last gone to April 20, 2007); craigslist. org, http://sfbay.
com, http://www. homesbyowner.com (last checked out April 20, 2007). See Thorburn, Tr - how do real estate agents make money. how to choose a real estate agent for selling. at 97-98 (keeping in mind the variety of tools available to FSBOs). See likewise GAO REPORT, supra note 3, at 20. 92. Sambrotto, Tr. at 86. 93. See ForSaleByOwner. com Corp. v. Zinnemann, 347 F. Supp. 2d 868, 870-71 (E.D. Cal.
com organization design). 94. Henderson, Tr. at 154. 95. Id. at 155 - how to become real estate agent. 96. This help can consist of: locating and scheduling evaluation of properties by prospective buyers; providing prospective buyers with info such as relative residential or commercial property values and latest market price; helping in the negotiation process; and helping to schedule and get ready for closing of the deal.
Not known Details About What Do Real Estate Agents Do
Henderson, Tr. at 156-57. 98. NAR 2006 SURVEY, supra note 4, at 77. 99. Id. at 80, 68. 100. NAR 2005 STUDY, supra note 38, at 59. 101. See Hahn, Tr. at 29-30; AEI-Brookings Paper, supra note 3, at 13 n. 49; Nadel, supra note 25, at 4-5. 102. See Perriello, Tr.
at 174 (keeping in mind that all traditional business "have a significant online existence"). 103. NAR 2006 SURVEY, supra note 4, at 44. 104. See Whatley, Tr. at 160-61. 105. Id. at 210-11. 106. Id. at 161. 107. Id. 108. E.g., ForSaleByOwner. com, http://www. forsalebyowner.com (last checked out April 20, 2007); FSBO.com, http://www.
com, http://www. homesbyowner (how to invest in real estate with little money).com (last gone to April 20, 2007). 109. See, e. g., JustRealEstate. org, http://www. justrealestate.org (last gone to April 20, 2007). 110. See, e. g., Mortgage101. com, http://www. mortgage101.com (last visited April 20, 2007). 111. See, e. g., Zillow. com, http://www. zillow.com (last checked out April 20, 2007). 112. Shortt, Public Comment 311, at 1.
What Does What Do Real Estate Brokers Do Mean?
Perriello, Tr. at 149. See likewise Whatley, Tr. at 160-61 (noting that consumers now might research online not only houses for sale, however likewise the whole purchasing and offering procedure). 114. American Bankers Association, Public Comment 10, at 3 (comment). See also Perriello, Tr. at 149 (listing several features of realty sites, consisting of property photos, virtual tours, rich text, mapping performance, and neighborhood details); Sambrotto, Tr.
You can post color photos. You can publish virtual trips. And you can have that details quickly browsed and frequently browsed by buyers from their own houses on the [I] nternet."). 115. DelBianco, Tr. at 185. 116. NAR 2005 SURVEY, supra note 38, at 29. 117. NAR 2006 STUDY, supra note 4, at 37. In a lot of states, there exists a single licensing board. Even more, NAR subscription is needed for all agents and brokers that belong to the huge bulk of MLSs in the United States. Such entities are likely to gain financially from increased entry into the brokerage industry. 220. See Hsieh & Moretti, supra note 139, at 1089 (" as long as the commission rate is repaired, the amount of time that real estate agents devote to prospecting and farming relative to really offering a house or discovering a proper home for a buyer increases as the market becomes more and more competitive, that is, as more realtors are chasing the very same number of consumers").
Id. at 1089 (" the cost of finding a consumer increases with the number of realtors in the market, without necessarily creating additional advantages to the customer"). 222. These data come from the "total home offering cost" field in the Bureau of Labor Data' yearly Consumer Expense Survey from 1980-1990. This field likewise includes selling expenditures besides commissions, like closing expenses and attorneys costs, so it is most likely to overstate the real commission rate.
How To Become A Commercial Real Estate Agent Can Be Fun For Anyone
Id. at 1082. 223. Id. at 1118. 224. Id. at 1116-17. 225. See Hsieh & Moretti, supra note 139, at 213 and accompanying text. Yun showed evidence of entry as an outcome of the current real estate market boom, as well as proof that NAR membership Article source has differed directly with housing prices for a minimum of the previous twenty years.
226. According to REAL Trends data, the variety of transaction sides per agent decreased from 12. 7 in 2000 to 10. 2 in 2005. See http://www. remax-cahi. com/esource/marketingmaterials/ 2005realtrends500. pdf; and http://www. realtrends.com/past_newsletters. asp?article= newsletters/2005 _ 04_6. htm. 227. NAR, Public Comment 208, at 12. 228. Yun, Tr. at 225. See conversation in Hsieh & Moretti, supra note 139, at 1116 (estimating $1.
2 billion social waste resulting from excess entry in 1990). 229. See Hsieh, Tr. at 233 (" [T] he real puzzle in the genuine estate company is why does there appear to be this fairly fixed commission structure?"); Salinger, Tr. at 248 (" [A] s Dr. Hsieh and I make sure lots of people today have actually explained, the puzzle is why the portion commission has been so stubbornly relentless."); timeshare termination Hsieh & Moretti, supra note 139, at 1086 (" The evident harmony of commission rates presents a massive puzzle, specifically if one thinks that the cost and effort necessary to sell a home do not increase one to one with the rate of housing.
More About How To Choose A Real Estate Agent For Selling
230. ALA. CODE 34-27-36 (1975 how to get rid of parents timeshare ). 231. ALASKA STAT. 08. 88.401 (Michie 2005). 232. KAN. STAT. ANN. 58-3062 (2006 ). 233. LA. REV. STAT. ANN. 37:1455 (West 2006 ). 234. MISS. CODE ANN. 73-35-21 (2006 ). 235. MO. REV. STAT. 339. 150( 2006). 236. N.J. STAT. ANN. 45:15 -3. 1 (West 2006). 237. N.D. CENT. 1( 2006). 238. OKLA. STAT. ANN. tit. 59, 858-312 (West 2006). 239. OR. REV. STAT. 696. 290( 2005). 240. IOWA CODE 543B.60 A( 2005 ). 241. Based upon weighted average prices of new and current houses in 2005($ 271,263), the purchaser's broker's share of a $13,834 commission would be $6,917. A purchaser who is rebated half of this would get $3,459.
242. See, e. g., California Retail Liquor Dealers Ass 'n v. Midcal Aluminum, Inc., 445 U.S. 97, 105 (1980) (entity claiming state action immunity from federal antitrust laws need to show that its actions are (1) pursuant to a plainly articulated state policy deliberately displacing competitors with an alternative regulatory plan and (2) actively supervised by the state or a qualified federal government agency or authorities).
2003), offered at http://www. ftc.gov/ os/2003/09/ stateactionreport. pdf (analyzing state action resistance doctrine). 243. See, e. g., Hoover v. Ronwin, 466 U.S. 558, 568 (1984) (" Closer analysis is needed when the activity at problem is not straight that of the legislature or supreme court, however is performed by others pursuant to state permissions."); Southern Motor Carriers Rate Conference v.