All GLG News Analyses Filed Under: Real Estate Services

Opportunity May Come Knocking Here

November 2, 2006

Analysis by: GLG Expert Contributor

Analysis of:CB Richard Ellis Takes Trammell in $2B-Plus Merger | www.globest.com

These two companies were founded by the best of entrepreneurs.  They prospered and faltered, regrouped and persevered through decades in the most uneven of businesses.  When they started out separately, you could hire gregarious, educated children of the rich who knew where to buy a suit and a car, place them at a Navy surplus desk with a rotary phone in a free brokerage office in a building under management and begin to sell or build.

Zillow is weak

October 26, 2006

Analysis by: GLG Expert Contributor

Analysis of:Zillow Lets Real-Estate Owners Add Their Own Estimates | www.informationweek.com

Zillow provides consumers with incorrect information about the value of their home.

Consumers have a false sense of wealth because of the simplicity of these systems.

Valuing a home is not complicated, but it requires adequate information and oftentimes a physical inspection of the property (at least on the outside).

Mansur HasibIndependent Real Estate SalespersonTHE LONG & FOSTER COMPANIES INC

Good Web-Site

October 10, 2006

Analysis of:Zillow Lets Real-Estate Owners Add Their Own Estimates | www.informationweek.com

The article points out new features the site added to allow homeowners to update information about their homes.

Do It Yourself Appraisals.

October 9, 2006

Analysis by: GLG Expert Contributor

Analysis of:Zillow Lets Real-Estate Owners Add Their Own Estimates | www.informationweek.com

    Zillow has indeed made more property owners aware of the valuation process and the mechanisms involved. Although there are mistakes in individual property descriptions, this is correctable as the article points out. The end product is useful and free of charge (for now) and should stand the test of time until competitive software emerges.

Zillow's open door to real estate owners will not assure accuracy?

October 6, 2006

Analysis by: GLG Expert Contributor

Analysis of:Zillow Lets Real-Estate Owners Add Their Own Estimates | www.informationweek.com

Home Owners Attempt to influence valuations will not add to accuracy.

Qualified appraisal will still be needed in home sale process.

Century 21, Coldwell Banker, Re-Max or …

May 30, 2006

Analysis by: GLG Expert Contributor

Analysis of:MacKenzie Sells The Most Homes In The County Orange County Register Saturday May 27, 2006 | www.ocregister.com

The Orange County Register reports Mac MacKenzie sold 158 homes at an average of $ 667,000 a copy last year ($ 117.5 million) – more homes on behalf of Sellers than any other real estate agent in Orange County, California.That’s about three homes weekly – five times as many homes as the average number sold by the top 1% of all “active” agents in the county.Contrast this performance with the fact that less than one in seven practicing real estate agents earns as much as the county’s median family income: $ 72,000.There are 60,000 real estate license holders in Orange County, but only 10,600 sold at least one home they had listed.The top 1% of these “active” agents – 106 agents – sold one of every 13 homes listed in Orange County.The top 106 sold $ 3.6 billion of real estate – almost as much as the 5,300 agents at the bottom.

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