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Updated over 18 years ago on . Most recent reply

User Stats

339
Posts
51
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Jeff Takle
  • Real Estate Consultant
  • Somerville, MA
51
Votes |
339
Posts

Alternative real estate models struggle in Congress

Jeff Takle
  • Real Estate Consultant
  • Somerville, MA
Posted

I found this an interesting article that I thought I would share from Inman News. At its heart it shows a few things that I think are pretty important:

1) the counter-NAR/MLS culture is trying to get organized and strike in the right place -- Congress

2) NAR lobbyists are all over the subcommittee already, they see this type of hearing as a direct attack on their bread and butter; their presence is directly reflected in the comments of the congressmen

3) If you're looking for future trends, here they are; the writing is on the wall. NAR has great lobbying power, but the drive to open the information architecture and platforms -- aka the drive for convenience -- is dominant to resisting change in the marketplace.

This doesn't paint the picture of a really strong opposition (alternative real estate models for brokers, MLS, agents, etc.), but it's a start and at least they're off their couches and into Capitol Hill, where the battle gets waged.

http://www.inman.com/hstory.aspx?ID=54831

:protest: A little heady, but interesting,
Jeff

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