J Philip Faranda

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My report is missing 98% of my sales, with the disclaimer that the data is incomplete when I log in that does not appear if I am not logged in. I don't see how Redfin can conclude that I was a dual agent in transactions where I have MLS credit on both sides without burglarizing my office and reading my files. It is valid to have the buyer be a customer under NY law without compromising my client relationship with the seller. If you don't see the signed disclosure forms, you have no business, especially as a competitor, reporting false information. I have no issue with my data being published. I benefit from it, actually, as I trade on my volume. But get it right or don't do it. Broker-owner, J. Philip Real Estate Vice President, Empire Access MLS (NY) www.jphilip.com www.WestchesterRealEstateBlog.NET

Good for LuAnn for holding the President accountable for more than rhetoric. As hard as we work in this crummy environment, we have a right to ask what those in power are doing to make things better. This is a broker-owner. This is a small business owner. I wish I had a chance to ask Mr Obama a few questions myself. I am glad she stood up for the rest of us. Broker-owner, J. Philip Real Estate Vice President, Empire Access MLS (NY) www.jphilip.com www.WestchesterRealEstateBlog.NET

I can only speak for my local market and not the author's marketplace, but if the claim is true, then all those bank owned REO listings that have undercut the market have taken their queue from short sales. I find that hard to believe. Since lenders render a decision based on market activity, I wonder what sort of agent would ever responsibly list a short sale at such a fantasy price as 10-15 % below comparable sales. What may be closer to the truth is that the author sees short sales selling 10-15% below unrealistic asking prices, which sit and rot while losing the war of attrition with buyers who won't bite, while short sales are listed and sold at a number in line with actual sales. "Market value" is what buyers are willing to pay, not what some sellers wish they could get. Short sales reflect the market. They do not set it. Broker-owner, J. Philip Real Estate Vice President, Empire Access MLS (NY) www.jphilip.com www.WestchesterRealEstateBlog.NET