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Has NAR Sold Out Its Members Again...Or Is It Me?

Reblogger Paddy Deighan MBA JD PhD

Real Estate Technology with http://www.medicalandspaconsulting.com

July 24, 2013 10:49 PM

As a real estate lawyer, I am a bit appalled by this because it seems to be a betrayal of agents by NAR. This cannot possibly be in the best interests of the consituency of NAR..so why did NAR do it? Money....Da da da

Has NAR Sold Out Its Members Again...Or Is It Me?

Touted as an 'historic' change to the National Association of REALTOR® contract with MOVE, Inc the operator of REALTOR.com, the once premier site for property listings will now be opened up allowing new homes, rentals and communities not listed by REALTORS®.

These amendments were voted on yesterday in Chicago.

Read the article in full and the comments, and tell me how this benifits my business. I might be missing something.

Here are all the amendments.

Your REALTOR® Down the Shore
Little Egg Harbor REALTOR® Laura Giannotta
609.384.6121
www.JerseyShoreViews.com
Laura@JerseyShoreViews.com

Comments(11)

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Richard Burge Realty/ Burge Homes

Richard Burge Realty/Burge Homes - Conway, SC

Broker in Charge/Owner

You are correct about no in Realtors best interests. Realtor.com said they could not compete with Zillow and needed to do this to survive in the real estate world. Next is For Sale by Owners.com will be on there approved listings.

Jul 25, 2013 10:06 PM

Gary L. Waters Broker Associate, Bucci Realty

Bucci Realty, Inc. - Melbourne, FL

Eighteen Years Experience in Brevard County

They are in the business of making money first and foremost. I have always felt that the finances were number one. This shows it.

Jul 25, 2013 10:12 PM

Paddy Deighan MBA JD PhD

http://www.medicalandspaconsulting.com - Vail, CO

Paddy Deighan J.D. Ph.D

I have questioned many of NAR's motivations on some issues....but this one directly impacts the members of NAR!!

Jul 25, 2013 10:16 PM

Laura Giannotta

Keller Williams Realty - Atlantic Shore - Little Egg Harbor, NJ

Your Realtor Down the Shore!

Thanks for the reblog, we're in good company in our opinion of this action. Brad Inman calls it "The full catastrophe"

Jul 25, 2013 10:19 PM

Peter den Boer

Atlanta Communities - Woodstock, GA

MBA,GRI, Associate Broker, Realtor

I have not found anyone other than the media and NAR who seem pleased with this. I know I am not happy about it.

Jul 25, 2013 10:21 PM

Laura, I am from Jersey too (Cherry Hill)...I think that we should call Vinnie and Ralphie and put an end to this!!! LOL In fact, my former wife (and a great lady) Dr. Toome now has a dermatology office in Egg Harbor

Jul 25, 2013 10:22 PM

Lenn Harley

Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA

Real Estate Broker - Virginia & Maryland

Realtor.com is NOT the NAR.

The pittance received by the NAR for feeding Realtor.com shows just how little the NAR respects the hard work agents and brokers do to BRING THIS LISTING INFORMATION TO the MLSs.

Anyway, that horse left the barn back in the early 1990s. The 30 pieces of silver received by the NAR from R.com was the biggest sell-out in the history of the NAR.

Steven Cook

No Longer Processing Mortgages. - Tacoma, WA

Realtor.com may not be NAR -- but NAR board is one who is making decision - and paying for the cost of the directors' expenses at the meeting (per the news article.)

Jul 26, 2013 05:47 AM

Lenn, I enjoyed your response (as always)...you have a career in creative writing ahead of you!!!!!!!!!!!

Jul 26, 2013 07:01 PM

Jon Zolsky, Daytona Beach, FL

Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL

Buy Daytona condos for heavenly good prices

I am sure professionals are not happy. We yet to see how bad it could be for the agents.

Jul 27, 2013 06:31 AM

Certainly seems like a maneuver born out of financial considerations as opposed to the best interests of the constituency

Jul 27, 2013 06:28 PM

Has NAR Sold Out Its Members Again...Or Is It Me?

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