CEO and Founder of NationalBLS, the Buyer Listing Service. I believe that increasing transaction volume in real estate works in everyone's favor, buyers, sellers and agents. NationalBLS opens up the buy side of the market to promote greater transaction volume.
Great article Chris and good comment John. We are in a people business enabled by technology not a technology business enabled by people. Move to the latter at your peril. Duncan Logan NationalBLS. The Buyer Listing Service.
Great article which covers a great many issues. CAR's report for 2008 detailed the #1 concern of sellers was the length of time it took to sell a home. (21wks on av) Most sellers are future buyers so this is not good for market efficiency. A market is the intersection of supply and demand. It is easy to see supply in the real estate market (listings) but far harder to see demand. This is the sole focus of our business. Every prospective buyer on a central accessible database. In time, we hope pricing issues will be a problem of the past and annual US real estate transactions volume will be closer to 10m than 5m Duncan Logan www.nationalbls.com, The Buyer Listing Service.
We love to be mentioned in the press or on blogs and I thank Inman and Leslie for the exposure. Inman Connect was an awesome launch for us. However, I feel I need to clarify the message here about NationalBLS. We list buyers anonymously for free. They (or their agent) put in their requirements for a property and we market those requirements to the web. The more specific the BUYER is with their requirements the better the offers they (or their agent) are likely to receive. Sellers (or their agents)can search for free but pay a one time fee ($15 - $50) to put a private offer to the buyer. Agents, who are members of the service can see additional details regarding buyers and can avoid the one time offer fee. I.E. it is better to use an agent to make the offer.
