Posts Tagged: realtors

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Real Estate’s Independent Contractor Model Broken

I would bet that most consumers of real estate services don’t realize that realtors in traditional brokerages are not really employees of their brokerages, but rather independent contractors. Basically it’s a cottage industry, with all its inherent flaws. I can only speculate as to why it evolved that way and I certainly don’t understand why… Read more

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Most Realtors Starving In This Real Estate Market

As I pointed out in a recent post, 1,000 realtors left the real estate business in Chicago last year. I can attest to how poorly most real estate agents are doing in this market because I periodically look up the sales statistics for agents that I know and most of the time their numbers are… Read more

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Would You Trust A Realtor?

Apparently, you would. At least that’s what a Gallup poll released in November 2008 revealed. Although it’s old news I thought it was interesting since I routinely hear people within the industry lament the “fact” that realtors have one of the lowest trust ratings of any profession – next to used car salesmen. Well, it… Read more

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4,000 Chicago Realtors Bail On Market

I just downloaded the latest roster of Chicago Association Of Realtors (CAR) members and was delighted to see that the number of realtor members plummeted by over 4,000 in the last year. At December 2007 the number stood at 17,266 and as of January 2009 it was at 13,051. That’s almost a 25% drop. And… Read more

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NAR Radio: Real Estate Today

The Ministry of Truth (NAR) is at it again with the launch of a 2 hour weekly radio program called Real Estate Today. Here is how it is being described to realtors: Real Estate Today will premiere the weekend of February 14-15. We’ll show consumers why REALTORS┬« are the most credible, trusted source of real… Read more