![\"Ya](\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg\")
\u201cIt’s all fun and games, until the little dog goes for the big dog’s\u00a0food.\u201d<\/p><\/div>I don’t know how closely people are following this clear cooperation mishegoss.<\/a> It boils down to this: Brokers who can’t sell without the MLS are plotting to handicap those who can. The MLS is a fall-back for good brokers and a crutch for bad ones, but it is beyond absurd to insist that good brokers must indirectly market homes they have already sold directly. If the seller’s not suing, who is aggrieved?<\/p>\n Typically, I do not list rental homes in the MLS. I want to meet the ultimately-successful candidate in person, early in the process, and I don’t want to pay a clueless newbie to impede my access to the prospects \u2013 or to their dogs, who I will also want to meet as a matter of due diligence.<\/p>\n Instead I go to Zillow. I get inundated, but I would, anyway. If we move to the supply side, I will drop the MLS and list rehabbed resale homes that way, too: I don’t have to prove maximum marketplace exposure to myself, I just have to hit my number \u2013 while not<\/em> paying for third-party marketing.<\/p>\n The last three words are important: The MLS is third-party marketing for second-party marketers who need the help. If the agent shows up to the listing appointment with a pocket investor \u2013 as brokerages big and small are doing in response to the iBuyers \u2013 the house gets sold without there ever even being a listing contract to bitch about.<\/p>\n I hate the NAR, but I hate Special Olympics real estate brokers worse. If you can actually do this job, you don’t need to scheme to cripple your competition.<\/p>\n In other news:<\/em><\/strong><\/p>\n The Daily Mail:<\/strong> Where the wealthy fled to: The rich left cities like NYC and Chicago during the pandemic and moved to ‘hidden gem’ locations including Salt Lake City and Phoenix.<\/a><\/p>\n Housing Wire:<\/strong> Amid expansion, Opendoor lost $270M in Q1.<\/a> I love how “news” hide facts: They lost $110,000 per “investment” sold \u2013 in the easiest resale market in human history!<\/p>\n Housing Wire:<\/strong> Mortgage applications jump <\/a>Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" \u201cIt’s all fun and games, until the little dog goes for the big dog’s\u00a0food.\u201dI don’t know how closely people are following this clear cooperation mishegoss. It boils down to this: Brokers who can’t sell without the MLS are plotting to handicap those who can. The MLS is a fall-back for good brokers and a crutch […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,26,6,5],"tags":[],"class_list":{"0":"post-18134","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-lending","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":15946,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/15946\/the-economist-asks-why-is-it-so-expensive-to-buy-or-sell-a-house-in-america\/","url_meta":{"origin":18134,"position":0},"title":"The Economist asks “Why is it so expensive to buy or sell a house in America?”","author":"John Rowles","date":"May 8, 2012","format":false,"excerpt":"This is in an article titled \"The great realtor rip-off\". The comparison to estate agents in the UK is especially interesting. They make half the commission and close 3 to 4x transactions. The article mentions NAR by name and only refers to MLS in passing as ex-cartels: The business used\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":647,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/647\/new-nar-policy-allows-objective-exclusion-of-certain-listings-from-members-presentations-of-idx-feeds\/","url_meta":{"origin":18134,"position":1},"title":"New NAR policy allows “objective” exclusion of certain listings from members’ presentations of IDX feeds . . .","author":"Greg Swann","date":"November 17, 2006","format":false,"excerpt":"This is the news from NARdiGras -- from RealEstateJournal.com:A revised policy approved by the National Association of Realtors this week may make it harder for discount brokers to draw attention to homes they list for sale. The policy, approved by directors of the trade group at a convention in New\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3862,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3862\/the-mls-50-manifesto-everyone-working-in-hi-tech-real-estate-must-oppose-this-vicious-plan-with-every-fiber-in-your-being\/","url_meta":{"origin":18134,"position":2},"title":"The “MLS 5.0” Manifesto: Everyone working in hi-tech real estate must oppose this vicious plan with every fiber in your being","author":"Greg Swann","date":"August 12, 2008","format":false,"excerpt":"\"Oh that the Roman people had but one neck, that I might cut it off at a blow!\" --CaligulaHere is the naked essence of Saul Klein's so-called \"MLS 5.0\" proposal:The MLS of the future will bring a marketing service and benefit to the industry by being the single point of\u2026","rel":"","context":"In "Egoism in Action"","block_context":{"text":"Egoism in Action","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/egoism-in-action\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3061,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3061\/the-war-against-the-mls-continues-the-mls-must-fall\/","url_meta":{"origin":18134,"position":3},"title":"The War Against The MLS Continues | The MLS Must Fall!","author":"Barry Cunningham","date":"May 6, 2008","format":false,"excerpt":"\u00a0 As the real estate industry awaits the long anticipated trial pitting the Department of Justice vs. The National Association of Realtors, another Multiple Listing Service has been targeted by the DOJ. On May 2, 2008, the DOJ filed suit against the Consolidated Multiple Listing Service (CMLS) of Columbia, South\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"Department of Justice Sues the MLS | CMLS","src":"https:\/\/i0.wp.com\/www.realestateradiousa.com\/blog\/wp-content\/uploads\/2008\/05\/crosshairs.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1115,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1115\/true-reform-in-the-real-estate-industry-will-not-result-from-undermining-buyer-representation\/","url_meta":{"origin":18134,"position":4},"title":"True reform in the real estate industry will not result from undermining buyer representation","author":"Greg Swann","date":"March 5, 2007","format":false,"excerpt":"I've been sitting on a post from Jeff Corbett, The X-Broker, for a few days. Jeff Argues that Realty.bots will eliminate buyer's agents. This actually ties in with recent announcements that major brokerages will be feeding listings to Realty.bots like Trulia.com and Google base. I get the idea Jeff thinks\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1216,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1216\/skewer-you-jack-youre-the-guest-of-honor-at-a-feeding-frenzy\/","url_meta":{"origin":18134,"position":5},"title":"Skewer you, Jack! You’re the guest of honor at a feeding frenzy","author":"Greg Swann","date":"March 25, 2007","format":false,"excerpt":"FBS Blog:Think about this: Trulia\u2019s brand is trumping the franchise brand, requiring payments to Trulia, and the franchise brand is trumping the brokers\u2019 and agents\u2019 brands, requiring payments to the franchise. At the same time, the brokers and agents in the field are building the business relationships that form the\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=18134"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18134\/revisions"}],"predecessor-version":[{"id":18135,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18134\/revisions\/18135"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=18134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=18134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=18134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}