depending on the state in which u live, here is a service that allows u to list on the mls and realtor.com for free!
http://www.iggyshouse.com/
and for the states currently active:
http://www.iggyshouse.com/ServiceCoverage.aspx
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as to the 'freakonomics' reference, the studies found that realtors, when selling their own home tend to keep their home on the market for a longer time period in order to get a higher price, than if they are 'representing' someone. basically it is a perverse incentive that encourages a realtor to drop the price of a clients' listing because the loss of potential commission on a 10K price drop is small; however when listing their own home, realtors will wait longer to get close to the listing price because instead of dropping 10K on their own home, they have a greater incentive to hold out for the original price.
oh well, technology, especially the internet will soon make the realtor(R) obsolete! and its good for the consumer!
- Fri Jul 13 2007, 20:38