OpinionIndustry News

Armchair real estate observations miss true market realities

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I read the article regarding the suggested "real estate cartel" and thought perhaps the FBI or the CIA ought to be involved in this "consumer investigation" of the real estate industry. (See, "Consumer group slams real estate 'cartel.'") Maybe we should call the Justice Department. and Federal Trade Commission and inform them that the Consumer Federation of America is much smarter than they are by applying specific generalizations lacking true market realities. Give me a break, please. After more than 28 years in this business, it amazes me how many armchair observers of the real estate brokerage industry take great joy in generalizing the realities of the business -- how terrible things are and how misinformed and leveraged the consumers are to do business with brokers.  It has been a long time since I actually listed and sold homes, but I do not ever recall the industry tricking or strong-arming the consumer into making the decision to work with the industry or to ask for assi...