{"id":8921,"date":"2009-06-18T09:56:36","date_gmt":"2009-06-18T16:56:36","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=8921"},"modified":"2009-06-18T09:56:36","modified_gmt":"2009-06-18T16:56:36","slug":"data-discrimination-a-class-action-lawsuit-in-the-making","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8921\/data-discrimination-a-class-action-lawsuit-in-the-making\/","title":{"rendered":"Data Discrimination, A Class Action Lawsuit in the Making"},"content":{"rendered":"<p>Anyone a member of the Texas Bar Association looking for Pro Bono work?\u00a0 I think you may be able to rassle up a class action lawsuit in big &#8220;D&#8221;, little &#8220;a&#8221;, double &#8220;L&#8221; a, s (Dallas folks \ud83d\ude09 )<\/p>\n<p>Texas is one of five states that do not require disclosure of sale prices, however, I believe the local MLS board in Dallas may be violating their fiduciary responsibility to their buyers and sellers.\u00a0 I strongly suggest you read the following article.<\/p>\n<p><a href=\"http:\/\/www.dallasnews.com\/sharedcontent\/dws\/dn\/latestnews\/stories\/061809dnbusmlsprices.42e728f.html\" target=\"_blank\">Actual home sale prices are not being entered into the MLS<\/a>.<\/p>\n<p>Does this not blatantly fly in the face of transparency.\u00a0 Moreover, how can the local board stand for this?\u00a0 Without accurate data shared at least to local members, the guidance and counsel for properly pricing a property places sellers, but more clearly buyers, in a very bad position.\u00a0 The article suggests that lower priced properties which have sold may be intentional left out in order to provide a perception that property values are higher.<\/p>\n<p>Not only is this a direct violation of an agent&#8217;s fiduciary responsibility to his\/her client, it is borderline fraud.<\/p>\n<p>Real estate is local, consult a local REALTOR and find out how much your home is worth &#8211; or NOT.<\/p>\n<p>Is it any reason why data aggregators are winning?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anyone a member of the Texas Bar Association looking for Pro Bono work?\u00a0 I think you may be able to rassle up a class action lawsuit in big &#8220;D&#8221;, little &#8220;a&#8221;, double &#8220;L&#8221; a, s (Dallas folks \ud83d\ude09 ) Texas is one of five states that do not require disclosure of sale prices, however, I [&hellip;]<\/p>\n","protected":false},"author":47,"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":[62,4,5,19],"tags":[],"class_list":{"0":"post-8921","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-dirty-laundry","7":"category-disintermediation","8":"category-real-estate","9":"category-technology","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":541,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/541\/why-the-traditional-real-estate-commission-model-is-broken-and-needs-to-be-replaced\/","url_meta":{"origin":8921,"position":0},"title":"Why the traditional real estate commission model is broken and needs to be replaced . . .","author":"Greg Swann","date":"October 15, 2006","format":false,"excerpt":"These are the concluding paragraphs of Mark Nadel's white paper on real estate commissions. The executive summary has been quoted all over, but I think this text is more compelling. For what it's worth, I think Nadel has hit a home run. There are things he doesn't know about, which\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17492,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17492\/making-the-case-for-my-manumission-and-yours-from-the-nar\/","url_meta":{"origin":8921,"position":1},"title":"Making the case for my manumission \u2013 and yours? \u2013 from the\u00a0#NAR.","author":"Greg Swann","date":"November 19, 2020","format":false,"excerpt":"As mentioned, I am striving to extricate myself from the National Association of Realtors. It's the speech code that's put me off the reservation. Until lately the NAR has been a nuisance to me, but now it is an active menace. I would abhor thought police even if they were\u2026","rel":"","context":"In &quot;Egoism in Action&quot;","block_context":{"text":"Egoism in Action","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/egoism-in-action\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/11\/junior-moran-hrEJYRtBDrk-unsplash-1-320x480.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3061,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3061\/the-war-against-the-mls-continues-the-mls-must-fall\/","url_meta":{"origin":8921,"position":2},"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 &quot;Real Estate&quot;","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":3033,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3033\/save-a-house-ride-a-realtor%c2%ae\/","url_meta":{"origin":8921,"position":3},"title":"Save a House, Ride a REALTOR\u00ae","author":"Dave Phillips","date":"April 28, 2008","format":false,"excerpt":"(If you are not a country music fan, you may have a serious character flaw, but that is the subject of another post on another Blog.\u00a0 For now, here is a video that will help you \u201cget\u201d the title of this post.) Save a Horse, Ride a Cowboy Across the\u2026","rel":"","context":"In &quot;Ask the Broker&quot;","block_context":{"text":"Ask the Broker","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/ask-the-broker\/"},"img":{"alt_text":"reduction","src":"https:\/\/i0.wp.com\/www.towerhobbies.com\/images\/towirlogo_175.gif?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2181,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2181\/a-consumers-guide-to-the-divorced-real-estate-commission-will-the-negotiating-their-buyers-agents-compensation-make-buyers-more-practical\/","url_meta":{"origin":8921,"position":4},"title":"A consumer&#8217;s guide to the divorced real estate commission: Will the necessity of negotiating their buyer&#8217;s agent&#8217;s compensation make buyers more practical?","author":"Greg Swann","date":"November 8, 2007","format":false,"excerpt":"Part II: How buyers can finally take a seat at the grown-up's table When a potential home-seller calls me to set up a listing appointment, very often the first question I will hear is, \"How much do you charge?\" A motivated seller is done with the house, and now all\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1519,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1519\/new-york-times-works-hard-to-put-the-fizz-in-fsbos\/","url_meta":{"origin":8921,"position":5},"title":"New York Times works hard to put the fizz in FSBOs . . .","author":"Greg Swann","date":"June 8, 2007","format":false,"excerpt":"My own personal experience with For-Sale-By-Owner sellers is pretty limited. I've never farmed them for listings, so I know nothing of that part of their lives. I've called a bunch of them to try to show their homes, but only once have I successfully gotten into one with my buyers.\u2026","rel":"","context":"In &quot;Disintermediation&quot;","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\/8921","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\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=8921"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/8921\/revisions"}],"predecessor-version":[{"id":8922,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/8921\/revisions\/8922"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=8921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=8921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=8921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}