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Ramblings, ravings and rantings on the Real Estate world

Dept of Justice vs. NAR -- Point2 General Council "speaks"

By: Jay & Francy Thompson REALTORS®
Friday, June 22, 2007 1:42 PM

Jason Golding, CFO/General Counsel of Point2 Technologies, has written a "White Paper" on the DOJ's lawsuit against the NAR. It's got a pretty good summary of the issues...

More Here!

In my opnion, *everyone* should understand what is going on in this case. You can read the actual complaint at the link above. 

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Comments

Carmen and Jeff Bills
Member Since '07

Carmen and Jeff Bills said:

Jay, you always are the info man. Thank you, and have a great weekend

June 22, 2007 3:17 PM
Gary Szolosi
Member Since '03

Gary Szolosi said:

Good post and love your blog site.

June 22, 2007 3:29 PM
Mike Farmer
Member Since '03

Mike Farmer said:

So, what do you think the outcome will be?

June 22, 2007 3:53 PM
Jay & Francy Thompson  REALTORS®
Member Since '05

Jay & Francy Thompson REALTORS® said:

Thanks guys. I thought it was pretty interesting stuff.

I just got this comment on my blog from "Anonymous":

"You always seem to get the inside scoop from Point2. Is that why your web site is #1? Whose ass did you kiss to get all the inside information?"

Wonder if this came from "Richard" or "Just Curious" from Lonn's thread?

The funniest thing about that comment is this so called "inside information" was posted on a public blog three days ago. Yeah, that's some great inside info....

Whatever......

Mike - I honestly don't know what the outcome will be. The DOJ is a large, deep-pocketed thing to try to fight. I think the NAR might "compromise" (further) and try to appease the DOJ rather than dragging it through court. Lord only knows what such a compromise might wind up looking like.

June 22, 2007 4:59 PM
Klaus Nicholson
Member Since '07

Klaus Nicholson said:

I think the barn door is open and all the horses are already out.  NAR is going to lose this one.

June 22, 2007 5:02 PM
Howard Arnoff
Member Since '03

Howard Arnoff said:

Don't you just love these anonymous bloggers who can write carelessly and with impunity? There was an interesting article I saw recently talking about the new media and blogging opinions currently having more credibility than the mainstream press. Too bad for cbs. As to the suit, imho, the DOJ will prevail and real estate will be more transparent and that isn't necessarily a bad thing.

June 22, 2007 6:33 PM
Craig Barrett
Member Since '07

Craig Barrett said:

I think this further solidifies our industry's long overdue need to increase the education requirement in order to get a license. DOJ is made up of people and people have opinions. I'm going out on a limb, but I don't think this is about competition, I think it's about perception.

June 22, 2007 6:43 PM
Mipeco Realty, Inc -  Michaela Krestenic, Broker-Owner
Member Since '03

Mipeco Realty, Inc - Michaela Krestenic, Broker-Owner said:

politics in this country, including the kind involved in this lawsuit is something I will probably never understand ... not that I don't try, though!  ... whatever the outcome ... are we going to be hit with higher NAR fees to cover the expenses of this fight?

there seems to be an awful lot of these anonymous posts these days ... is it because we (P2 community) are getting to be more popular?

June 22, 2007 6:44 PM
Jay & Francy Thompson  REALTORS®
Member Since '05

Jay & Francy Thompson REALTORS® said:

"there seems to be an awful lot of these anonymous posts these days ... is it because we (P2 community) are getting to be more popular?"

I think that's exactly it. I never had a nastyish anonymous blog content for the first 18 months or so that my blog was online. As it picked up readership and search rankings, the idiots started arriving. I find it humerous, most of the time. It's really best to not respond and just ignore them as people like that crave attention -- any kind they can get. If you show any emotion toward it, they usually just pour it on.

June 22, 2007 7:01 PM
Howard Arnoff
Member Since '03

Howard Arnoff said:

I can deal with anonymous, I thrive on the challenge of an intellectual discussion, if there is any intellect to challenge. However, in the case of malicious accusations toward Lonn, you have to feel badly that it does get picked up in the search engines and can potentially hurt you financially with no regard for truth or accuracy. Welcome to the new media.

Jay, as you pointed out a long time ago, be careful about what you write since it will be seen by the world instantly. Sage advice.

On a lighter subject, how was your blogger conference today in Phoenix, I heard the weather was 112 and the a/c was not up to par.

June 22, 2007 7:11 PM
Jay & Francy Thompson  REALTORS®
Member Since '05

Jay & Francy Thompson REALTORS® said:

"On a lighter subject, how was your blogger conference today in Phoenix, I heard the weather was 112 and the a/c was not up to par."

It was yesterday. And yes, it was hot as Hades. But it was a great conference. I posted about it here: http://www.phoenixrealestateguy.com/first-southwest-real-estate-blogging-conference-thanks-to-all-who-attended/384

June 22, 2007 7:21 PM
Lonn Dugan
Member Since '05

Lonn Dugan said:

People don't understand what we do.

Can you blame them for resenting it?

We need to do a better job of justifying our existance....

June 22, 2007 8:49 PM
Armando Rodriguez
Member Since '07

Armando Rodriguez said:

I can't seem to click on the "white paper" link. Was it unlinked?

June 23, 2007 8:16 AM
Armando Rodriguez
Member Since '07

Armando Rodriguez said:

Got it now. Clicker problem!

June 23, 2007 8:30 AM
Ronda Kaufman
Member Since '06

Ronda Kaufman said:

Thanks Jay. It was interesting to read all of it. I liked the "White Paper", it explained things well.

June 23, 2007 11:15 AM
Jana Davis & Virginia Houghton
Member Since '05

Jana Davis & Virginia Houghton said:

Jay I just read your blog, good info but don't think you need to respond to "Anonymous".  Unless it is to say you keep up with everything new and the only ass kissing is to Francy!  I didn't see the white paper blog and thank you for pointing it out.  Since this anonymous person seems to have inside P2 knowledge I am wondering if that post was meant as a joke?  Granted it didn't read funny but perhaps they thought so?  Anyway thank you for keeping us informed!  Much appreciated!

Jana  

June 23, 2007 12:22 PM

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Jay & Francy Thompson REALTORS®
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Jay & Francy Thompson  REALTORS®
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