60 minutes: CBS Issues a Partial Retraction - 05/15/07 04:50 PM
The first of perhaps many retractions has already been offered by CBS:
(CBS) Editor's Note: We reported in our story entitled, "6 Percent", that an Internet-based real estate company, ERealty, went "belly up." To be precise, ERealty was purchased by Prudential Real Estate Affiliates, at a loss of about $33 million to ERealty's investors, according to one of those investors, Steve DelBianco. Any guesses what will be the next misrepresentation they retract?  There are many to choose from as NAR pointed out in their reply.
(9 comments)

60 minutes: Andy Rooney is a Sly Old Dog! - 05/15/07 04:25 PM
After reviewing all the 60 Minutes fallout, I got the nagging feeling that something was missing in the conversation:  What was Andy Rooney's role in all of this?
I think 60 minutes is no longer the New Magazine it once was. 
It is now "infotainment" used to sell airtime, plain and simple. 
Why do you think Andy Rooney is on the show?  He is there to play the role of the cranky curmudgen, that makes people laugh.  Why do you think his segment is at the end of the program?  Because if people leave smiling, they are less likely to remember what … (3 comments)

60 minutes: A REALTOR's Worth: What 60 Minutes "forgot" to tell you. - 05/14/07 01:06 PM
by Rich Schiffer, Weichert Realtors
In the post,  60 Minutes -- "Et tu, Brutae?" which discussed the 60 Minutes segment that led consumers to believe they are being taken for a ride by full service brokerages, someone posted the following comment:
"I can see why all of you who are real estate agents wouldn't like this development. It will cut into your profits. But from a home seller's point of view, nothing you can say will convince me that $30,000 is a fair price to pay for selling my $500,000 home. Yes it's more complicated than selling a car, but not $30k worth. … (39 comments)

60 minutes: 60 Minutes -- "Et tu, Brutae?" - 05/13/07 05:15 PM
60 Minutes has taken the proverbial stab at REALTORs, especially those that actually provide service to their clients, and it has struck a chord here in the Active Rain community.  As you can see, it has generated a lot of discussions lately:
60 Minutes Interviewing Redfin (written back in December) by Roberta Murphy who had the foresight to see what an impact this would have.60 Minutes Focusing on Real Estate anticipates the event60 Minutes Segment on Real Estate - This Sunday on CBSdescribes what NAR expected to be aired60 Minutes this Sunday, May 13th - Oh Boy more anticipation60 Minutes Story | … (52 comments)

 
Rich Schiffer, Referral Agent, e-PRO

Rich Schiffer

Referral Agent, e-PRO

Swarthmore, PA

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