Above, Jason Haber, co-founder of the American Real Estate Association
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NAR Alternative Trade Group: ‘Clear Cooperation’ Should Be ‘Clear Collaboration’
A new proposal would make syndication to portals optional, while also claiming to address issues highlighted by the Department of Justice.
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This is no different than clear cooperation (I think it’s actually worse). Syndication is already optional.
I was very optimistic about AREA; this is disappointing.
As Compass also touts to their shareholders, they want to push into their new product, “Compass only exclusive listings” keeping the inventory in-house and not exposing them to the wider market. …..Intresting. Does not seem too Collaborative.
Exactly my thoughts. I never have thought NAR was broken–damaged, perhaps, just from ‘age’, but not broken. Fixable. The old why fix something that is not broken.
I think that “
More information is not better information “
There is a Newer 15,000 member MLS which advertised “ we will share in the profits of the Brokers / Listing Agents that advertise with us and close on a transaction .
Unfortunately the DOJ underestimated the power of the “ deals .”
Some Brokerages ; like niche “ First Team “ and “ Zillow” have a robust relationship with their agents and do get a lot of “ in house deals “ but – you will never have a disgruntled seller who sells fast and at the dollar amount they are told is the “ Fair Market Value.”
There might be a lot wrong with our system . The alternative is 1) low income buyers will get less representation as ? Why would a seller pay a buyers broker when they can almost be assured a buyer for the in house model ? 2) Mandatory Clear Cooperation is only a matter of time” what can we get away with ?”
In Greed and Money most people will go for the greed and money . You cannot find a way around it !