A-00-CA-154JN, 2000 WL 34239114, at * 2 (W.D. Tex. Mar. 30, 2000). 87. DelBianco, Tr. at 182. 88. Id. 89. Id. 90. Id. at 186. 91. Examples of FSBO websites include: ForSaleByOwner. com, http://www. forsalebyowner.com (last gone to April 20, 2007); FSBO.com, http://www. fsbo.com (last gone to April 20, 2007); craigslist. org, http://sfbay.
com, http://www. homesbyowner.com (last gone to April 20, 2007). See Thorburn, Tr - what is earnest money in real estate. what are the requirements to be a real estate appraiser. at 97-98 (noting the range of tools readily available to FSBOs). See likewise GAO REPORT, supra note 3, at timeshare presentations disney tickets 20. 92. Sambrotto, Tr. at 86. 93. See ForSaleByOwner. com Corp. v. Zinnemann, 347 F. Supp. 2d 868, 870-71 (E.D. Cal.
com organization design). 94. Henderson, Tr. at 154. 95. Id. at 155 - what is a cma in real estate. 96. This assistance can include: finding and arranging for examination of properties by prospective purchasers; offering prospective purchasers with information such as relative residential or commercial property worths and latest asking price; assisting in the settlement process; and assisting to https://beleifvyvo.doodlekit.com/blog/entry/20480760/the-definitive-guide-for-how-to-get-a-florida-real-estate-license schedule and prepare for closing of the transaction.
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Henderson, Tr. at 156-57. 98. NAR 2006 STUDY, supra note 4, at 77. 99. Id. at 80, 68. 100. NAR 2005 SURVEY, supra note 38, at 59. 101. See Hahn, Tr. at 29-30; AEI-Brookings Paper, supra note 3, at 13 n. 49; Nadel, supra note 25, at 4-5. 102. See Perriello, Tr.
at 174 (noting that all traditional companies "have a considerable online presence"). 103. NAR 2006 STUDY, supra note 4, at 44. 104. See Whatley, Tr. at 160-61. 105. Id. at 210-11. 106. Id. at 161. 107. Id. 108. E.g., ForSaleByOwner. com, http://www. forsalebyowner.com (last visited April 20, 2007); FSBO.com, http://www.
com, http://www. homesbyowner (what is reo in real estate).com (last checked out April 20, 2007). 109. See, e. g., JustRealEstate. org, http://www. justrealestate.org (last gone to April 20, 2007). 110. See, e. g., Mortgage101. com, http://www. mortgage101.com (last visited April 20, 2007). 111. See, e. g., Zillow. com, http://www. zillow.com (last visited April 20, 2007). 112. Shortt, Public Remark 311, at 1.
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Perriello, Tr. at 149. See likewise Whatley, Tr. at 160-61 (keeping in mind that consumers now may research online not just houses for sale, however likewise the entire purchasing and selling process). 114. American Bankers Association, Public Remark 10, at 3 (comment). See also Perriello, Tr. at 149 (listing a number of functions of real estate sites, including home images, virtual trips, rich text, mapping functionality, and neighborhood details); Sambrotto, Tr.
You can publish color pictures. You can post virtual tours. And you can have that details quickly browsed and regularly searched by purchasers from their own houses on the [I] nternet."). 115. DelBianco, Tr. at 185. 116. NAR 2005 SURVEY, supra note 38, at 29. 117. NAR 2006 STUDY, supra note 4, at 37. In a lot of states, there exists a single licensing board. Further, NAR membership is required for all representatives and brokers that belong to the large bulk of MLSs in the United States. Such entities are most likely to gain economically from increased entry into the brokerage market. 220. See Hsieh & Moretti, supra note 139, at 1089 (" as long as the commission rate is repaired, the quantity of time that realtors dedicate to prospecting and farming relative to really offering a home or finding a proper home for a purchaser increases as the market becomes more and more competitive, that is, as more realtors are chasing after the exact same number of customers").
Id. at 1089 (" the cost of discovering a consumer increases with the variety of realtors in the market, without always generating fringe benefits to the consumer"). 222. These data originate from the "overall home selling cost" field in the Bureau of Labor Stats' annual Consumer Expense Survey from 1980-1990. This field likewise includes selling expenditures aside from commissions, like closing expenses and attorneys costs, so it is likely to overemphasize the actual commission rate.
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Id. at 1082. 223. Id. at 1118. 224. Id. at 1116-17. 225. See Hsieh & Moretti, supra note 139, at 213 and accompanying text. Yun showed evidence of entry as a result of the current housing market boom, as well as proof that NAR subscription has varied directly with housing rates for a minimum of the past twenty years.
226. According to REAL Trends information, the variety of deal sides per representative declined from 12. 7 in 2000 to 10. 2 in 2005. See http://www. remax-cahi. com/esource/marketingmaterials/ 2005realtrends500. pdf; and http://www. realtrends.com/past_newsletters. asp?article= newsletters/2005 _ 04_6. htm. 227. NAR, Public Remark 208, at 12. 228. Yun, Tr. at 225. See conversation in Hsieh & Moretti, supra note 139, at 1116 (estimating $1.
2 billion social waste resulting from excess entry in 1990). 229. See Hsieh, Tr. at 233 (" [T] he real puzzle in the realty company is why does there appear to be this fairly fixed commission structure?"); Salinger, Tr. at 248 (" [A] s Dr. Hsieh and I make sure many individuals today have explained, the puzzle is why the portion commission has actually been so stubbornly persistent."); Hsieh & Moretti, supra note Visit this website 139, at 1086 (" The apparent harmony of commission rates provides a huge puzzle, particularly if one believes that the cost and effort required to offer a home do not increase one to one with the rate of housing.
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230. ALA. CODE 34-27-36 (1975 ). 231. ALASKA STAT. 08. 88.401 (Michie 2005). 232. KAN. STAT. ANN. 58-3062 (2006 ). 233. LA. REV. STAT. ANN. 37:1455 (West 2006 ). 234. MISS. CODE ANN. 73-35-21 (2006 ). 235. MO. REV. STAT. 339. 150( 2006). 236. N.J. STAT. ANN. 45:15 -3. 1 (West 2006). 237. N.D. CENT. 1( 2006). 238. OKLA. STAT. ANN. tit. 59, 858-312 (West 2006). 239. OR. REV. STAT. 696. 290( 2005). 240. IOWA CODE 543B.60 A( 2005 ). 241. Based on weighted typical sales cost of new and current homes in 2005($ 271,263), the buyer's broker's share of a $13,834 commission would be $6,917. A purchaser who is rebated half of this would receive $3,459.
242. See, e. g., California Retail Alcohol Dealers Ass 'n v. Midcal Aluminum, Inc., 445 U.S. 97, 105 (1980) (entity claiming state action resistance from federal antitrust laws must demonstrate that its actions are (1) pursuant to a plainly articulated state policy deliberately displacing competitors with an alternative regulative scheme and (2) actively monitored by the state or a qualified federal government company or official).
2003), offered at http://www. ftc.gov/ os/2003/09/ stateactionreport. pdf (analyzing state action immunity teaching). 243. See, e. g., Hoover v. Ronwin, 466 U.S. 558, 568 (1984) (" Closer analysis is needed when the activity at concern is not directly that of the legislature or supreme court, but is performed by others pursuant to state authorizations."); Southern Motor Carriers Rate Conference v.