BLOODHOUNDBLOG.COM

There’s always something to howl about
«
»

The divorced real estate commission file: An organic compendium of arguments, pro and con, on divorcing commissions

By: Greg Swann, Phoenix Real Estate, Post Archive, RSS Feed
Posted: Monday, July 16th, 2007, 8:50 pm MST
Category: Blogging, Disintermediation, Marketing, Real Estate

I had the idea of building this last night, cataloging the BloodhoundBlog posts on the subject. Lani had a better idea, so I appropriated it. Attached below is a fairly comprehensive list of posts, both for and against, on the idea of divorced commissions.

I think this is the most important idea we’ve addressed, here and on the RE.net at large, so I wanted to build something that could grow with the debate.

Grow how? Two ways.

First, you can add your own or other people’s posts or articles to the catalog by filling out the form at this link. I want for this to be as comprehensive as possible, so do please let me know what I’ve missed.

Second, you can append this list to any future (or past) posts on the subject by using this PHP code:

<?PHP
include ("http://www.bloodhoundrealty.com/BloodhoundBlog/DCFile.php");
?>

In WordPress, you’ll need to use the runPHP plug-in.

How does it work? Watch and see:

 
The divorced real estate commission file: This is an organic compendium of weblog posts and internet-based articles arguing for and against the idea of divorcing the residential real estate commission — eliminating the co-brokerage compensation from the listing agreement, with buyers contracting for and arranging compensation for their own representation. One way this might be effected: Lenders could permit buyers to expense representation on the HUD-1 form as sellers do now. The entries collected here represent the full gamut of opinions on what may be the most important issue facing Realtors today. To submit additional posts or articles for inclusion on this list, fill out the form at this link.


Technorati Tags: , , ,

Bookmark this to: del.icio.us • Digg it • StumbleUpon • Subscribe to RSS feed

Related posts:
  • Divorcing the real estate commissions is simply a matter of HUD-1 bookkeeping effected by the mortgage lender
  • A consumer’s guide to the divorced real estate commission: Undermining the arguments in support of the status quo
  • Who pays the buyer’s agent? Once we’ve divorced the commissions, we can stop worrying about it

    • 8 comments

    8 Comments so far

    1. Do RE Commissions need a divorce? Did you even know they were married? | TheBrickRanch.com | Exploring Huber Heights, brick by brick… July 17th, 2007 4:12 am

      [...] Who pays the real estate commission, and who should be paying? Everyone has an opinion. Grab a cup of coffee. Here are some of the brightest Real Estate bloggers duking it the subject of divorcing real estate commissions. [...]

    2. Blue Collar Summer Blog Update July 17th, 2007 1:26 pm

      [...] While everyone else sips their Coronas, Greg Swann has been busy compiling his compendium of postings about divorced commissions, which he says are the way of the future. Russell Shaw accuses Greg of taking sides with Kelman and insists it’s never going to happen. I’d say divorced commissions are likely to happen, sooner or later. They will open the door for “discounters” with alternative commission structures, as well as provide for true buyer representation. [...]

    3. Divorcing Commissions Roundup | real estate revealed July 17th, 2007 2:10 pm

      [...] UPDATES: 10. DALTON OPINES THAT CHANGE IS UP TO LENDERS. 11. SWANN CREATES A PHP WIDGET TO CHRONICLE THE DIVORCE PROCEEDINGS. 12. SWANN REVEALS THE BUYER WHO SHOOTS THEMSELF IN THE FOOT. • • • • This entry was posted on Monday, July 16th, 2007 at 9:48 pm and is filed under Blogging. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. 5 Comments so far [...]

    4. Galen July 20th, 2007 11:52 am

      So Greg – spill the beans! Who will be make the first move to make this happen? Does it only take banks accommodating it to get the ball rolling?

    5. Barrett Niehus July 22nd, 2007 9:52 pm

      So what happens to the industry if divorced commissions become common practice?

      By the way, I love that you have added a blog wikki to the Bloodhound. Well done.

    6. Missing links? Playing idea-tag leads to a Web 2.0-ish way of improving BloodhoundBlog posts | BloodhoundBlog: Real estate marketing and technology blog | Realtors and real estate, mortgages, lending, investments July 23rd, 2007 10:38 pm

      [...] Okay, start here. I had an idea for an organic method of collecting arguments, pro and con, about divorcing real estate commissions. Using a PHP form, I could collect user-submitted links to apposite articles, then show them all in an “included” PHP file in each post about divorced commissions. That PHP file would be available to be included on other sites, as well, although I don’t think anyone has done this. [...]

    7. 6 Interesting tidbits from around the web | Rain City Guide | A Seattle Real Estate Blog... October 11th, 2007 9:15 am

      [...] The DOJ released a website all about real estate commissions yesterday (beware the Inman paywall tomorrow!). We can argue all night and day about whether agents as a whole are “worth” 2.5-3%, but I’ll tell you this right now: some Realtors are and others are not. The DOJ says that an amazing 70% of home sellers negotiated the commission with their agent. Maybe the DOJ should set up a site on divorcing commisions or the frickin’ health care system, where rates have gone up a lot more than a few percentage points a year. OK, maybe this warrants its own post. [...]

    8. Negotiating Commissions with Buyers | Real Estate Marketing Tips October 26th, 2007 5:55 am

      [...] Recently, there has been much debate in the blogosphere about divorcing buyers commissions from sellers commissions. Bloodhound Realty is maintaining an exhaustive list of articles on the topic. If you are a buyers’ agent, this should be required reading. [...]