I posted previously with things I suggested that MLSs do in order to implement the new VOW policy. Unfortunately, time is so short that many MLSs will find it difficult to do all, or even many, of the … Read more about Triage for VOW implementation
Antitrust enforcement in eras of financial crisis
I was talking with a friend recently, a mortgage banking executive, who expressed amazement at the extent to which the government seemed to be allowing mergers of big banks that would previously have … Read more about Antitrust enforcement in eras of financial crisis
Too bad I’m not a gambler
You've doubtless already heard that Judge Kennelly has finalized the settlement between NAR and the Department of Justice. It looks like NAR may be interested in taking a bet with me on the number of … Read more about Too bad I’m not a gambler
ForSaleByOwner.com makes curious claims about VOW settlement
Update 11/18: There's been a lot of news about this on Inman and elsewhere. Looks like ForSaleByOwner's press release may have been misleading on a couple of grounds (wheher they intended it or not-I … Read more about ForSaleByOwner.com makes curious claims about VOW settlement
We’ll need years to digest the new VOW policy
I believe the new NAR virtual office web site (VOW) policy will take years to finish rippling through the industry. Compare it to IDX, which took four to five years to work its way through the … Read more about We’ll need years to digest the new VOW policy