MBC's readership is high-quality, but it's measured in the hundreds. Today's LA Times, thrown on the driveways of a million people this morning, takes a page from our focus on DOM trickery in a strident staff editorial entitled, "Not-so-open houses."
The piece is an attack on the recent decision by SoCalMLS to cease…
MBC's readership is high-quality, but it's measured in the hundreds. Today's LA Times, thrown on the driveways of a million people this morning, takes a page from our focus on DOM trickery in a strident staff editorial entitled, "
Not-so-open houses."
The piece is an attack on the recent decision by SoCalMLS to
cease publishing DOM in client reports. Per the Times:
[T]his is clearly a change that serves nervous home sellers and their agents — the only parties who would be concerned that apparently lengthy days-on-market periods might prompt buyers to make low-ball offers.
Right.
The piece goes on to note the irony that this cutback in information is coming at a time when "the real estate market is experiencing a rapid trend toward transparency." Right again.
Unfortunately, the only online tools referenced are two realtor-driven sites and something called
cyberhomes.com, no reference to our favorites,
ZipRealty and
Zillow – but also no free promo for dreadful Trulia.com.
Since a lot of you aren't going to take the time to read the whole LA Times piece, we shall ruin it for those who do by sharing the closing line:
So here's some advice: When an agent tells you that overpriced starter home you're looking at just listed two days ago, smile, nod and check to see how thick the dust is on the windowsills.
Skepticism is going mainstream.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of May 30th, 2023 at 10:01am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
