Comments on: The Four “Bs”

By: Pete

Pete — Sun, 21 Nov 2010 23:04:45 +0000

Great information on the building block of real estate. A lot of these concepts I knew but a couple tid bits of info really helped to clear up my thoughts on the real estate market and the current conditions.

By: Tenus Terminatio Cuspis? | REALonomics

Tenus Terminatio Cuspis? | REALonomics — Mon, 23 Nov 2009 17:22:10 +0000

[...] on site and in a building owned and/or operated by a Broker/Owner. (See the post Ã¢â‚¬Å“The Four BsÃ¢â‚¬Â at [...]

By: apella

apella — Sun, 19 Jul 2009 01:22:22 +0000

Great Item. I sent this on to a friend that is working on a MLS Project. Thanks. One MLS to watch is the Denver MLS.

By: REALonomics

REALonomics — Tue, 24 Mar 2009 15:48:23 +0000

Dana – you make some good points. If the truth were known and told, agents can, with some limitations, “sell all over the place” IF they have the working skill to advise clients with respect to their real estate investment and the technology and Internet resources at their disposal. What the “Four Bs” point out is the deterioration of our old models as they give way to the new. As for maps, they are better than ever through Google, MapQuest, Yahoo and others. I previewed a piece of property last week for an out of state buyer/client while in the MLS, I clicked on the MAP feature because I didn’t recall where the property was. Our point is that we are not re-engineering ourselves and our business models to keep pace with what the consumer can already do. My same clients, set to arrive in late April, send me MLS numbers constantly and guess what…I don’t always “know” everything even in my own market. What I have learned to do is partner with the consumer and if need be, I am prepared to represent then anywhere in Arizona in keeping with law, the standards of practice and the code of ethics. This is the way technology and the Internet are redefining the operating rules.

By: Dana Graham

Dana Graham — Tue, 24 Mar 2009 15:36:45 +0000

Recognizing the unfortunate inevitability of it all, does anyone think the commoditization of real estate sales is good for anyone? The merger of the various MLS’s has agents selling all over the place, including where they actually need a map. If an agent needs a map, one must ask what market knowledge he could possibly be bringing to the transaction.