Bob Goldberg, chief executive officer of the National Association of Realtors, the nation’s largest trade association, is stepping down, the organization announced Thursday.
This is why they’ve been running nonstop ads about their “code of ethics” and how they help the community. The ads have been run practically on loop for several weeks in English and Spanish. At first I was just like, what a joke, tell that to 2007. But then it was just getting weird how often the ads would play…now I know why. They must have known this was coming to light.
PR is a profitable business to be in. There’s always someone or some company that needs to rehabilitate their public image.
Aww cute. Widdle old man steppies down.
Are they going to pay the people they’ve ripped off? If not then fuck off.
It’s weird because I just assumed the whole point of an association of realtors, or really any trade, would be to collude. I just assumed it was happening but not a crime since it would be the primary operating function of the organization as a whole, yet it was allowed to exist.
Good. I am glad they are finally being called out for the inherent conflict of interest of buyers agents getting paid a percentage of the sale, motivating them to make the price higher. Not to mention the clear antitrust issues of only realtors getting MLS access.
The whole industry is awful. Even as home prices skyrocket, they still demand the same percentage. Some realtors only need to make a few sales a year to make 6 figures. With the internet and some simple research, their advice is redundant. If only an antitrust suit would force them to open the MLS, they would be truly redundant. As it is now, there are several places you can list your home, but many buyers sadly only check the MLS.
Steps down 1 month before he was already scheduled to step down.
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