News Summary for September 19
A Letter to the Editor from Tom Stevens appeared in the New York Times. The letter, “A Real Estate Agent’s Role,” (free registration required) discussed the Internet's role in real estate. “Buying a home is not like buying a book, a CD or airline ticket. The Internet’s role in residential real estate is much more like WebMD than Amazon or eBay. It empowers and informs the consumer — which is good for everyone — but it doesn’t replace the need for a doctor’s professional services,” stated Stevens. He continued, “Real estate agents provide a valuable service enabling sellers to get the best price for their homes and buyers to find the best home at the lowest price.”
The letter was in response to the article, "The Last Stand of the 6-Percenters?” which ran in the New York Times earlier this month.
