Date Archives May 2005

The “Digital Divide” in real estate

Several million people (and the number is growing, daily) have chosen to become the haves of the Internet, and at the same time that their number is growing, so are their skills….As a result, your most-connected, most influential customers are part of the digerati…. Unlike the old digital divide, this means that the divide between the digerati and the rest of the world is accelerating.We have seen this lifecycle in the real estate world for the past several years.

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What they don’t tell you …

the convenient location and the amount of space for the dollar make the place worth a visit for people who want a solid, if unexciting, house with some ground around it and lots of little bedrooms for little kids.From The HooK’s On the Block.Right next door is a rooster that is polite enough to greet visitors. It pays to look (and listen to) at what is to the left and the right.

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US Dept of Justice plans to sue Realtors

WSJ.com – (link good for 7 days)WASHINGTON – In a widening push to promote price competition in sales of residential real estate, government antitrust enforcers are preparing to sue the National Association of Realtors, alleging that its policies will illegally restrict discounting of sales commissions and put online competitors at a disadvantage….In broad terms, the battle is about whether local brokers can claim ownership of the display of home listings in which they represent the sellers. If they lose the battle, some brokers fear, more business will begin to flow to national Web sites like LendingTree.com and RealEstate.com, both units of IAC/InterActive Corp.The commissions are shared in various ways.

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Why Do We Work So Hard on Our Lawns?

Why Do We Work So Hard on Our Lawns?:The answer is a combination of habit, snobbery, capitalism and government intervention.I live in a relatively new construction development (as there is so much in the Charlottesville area) and could not agree more with this – Only with the birth of the suburb could Americans finally realize the ideal of carpeting a buffer zone between themselves and the rest of the world…. Thorsten Veblen noted in his 1899 book, “The Theory of the Leisure Class,” that grazing animals had been banished from yards because they gave “the vulgar suggestion of thrift.”

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