Is History repeating itself in Manhattan? What else is new? In this coming Sunday, April 1, 2007 The New York Times Real Estate section has an article by Josh Barbenel titled Listing dream in Disarray that reports that after REBNY spent weeks meeting the objections of smaller firms, the two largest brokerage companies in Manhattan, Prudential Douglas Elliman and the Corcoran Group, announced that, partly because of the costs involved, they were planning to boycott the new Web site. These two firms have more than 50% of the listings in Manhattan. Each firm has more than 1000 agents. When REBNY … (9 comments)
mls: Selling Real Estate is an Art not a Science
- 12/08/06 10:09 AM
Manhattan real estate has always been different. Over the years REALTOR® friends and colleagues from other parts of the country have been very sympathetic toward how we do business in Manhattan. They would say: "You have it so hard", "how can you make a living? " No dominant MLS, coops, coop boards, board interviews, buyer's financial statements, building financials, only attorney's can write contracts, accepted offers that don't mean anything, How do you do it"? MANAR the Manhattan MLS is only about 5 years old and has about 15% of the market. The dominant board REBNY is a real estate board. They claim they … (45 comments)
mls: Open MLS for the Public but still No Complete MLS for Brokers
- 11/02/06 03:38 PM
The real estate board of New York annouced yesterday that it is developing a web portal that will incorporate all it's members listings in a public website. REBNY is the major real estate board in New York that all the major brokerages 318 firms are members but it is not an MLS. Member firms cooperate. There are brokers in NYC that don't belong to REBNY or MANAR.(The Manhattan Association of Realtors®)
The Manhattan Association of REALTORS® with 30 members and 25% of the listings is the only MLS in Manhattan already has a public website, it's members have IDX and … (14 comments)
mls: Real Estate In A Post Zillow World
- 10/04/06 02:25 PM
In a recent email from NYSAR New York State Association of REALTORS® there was a link to a podcast presentation by Marc David from Onboard LLC a Wall Street based data collector specializing in real estate data. The presentation is titled Real Estate in a post zillow world. It is quite interesting. It is about an hour so get some popcorn. view presentation here He starts with the day zillow went on line the real estate industry changed. Homegain's stock tanked. It is about circle of trust, immediate results to queries with no strings attached even if their information is inaccurate that is … (15 comments)
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