he's probably a former exec at Standard and Poors, or even Goldman Sachs. LOL

Hey did you see kudos goes to Corelogic for calling BS on their figures? Says it right there in the article.

Yes, that was interesting! Now they need to make Big Bird's BPO forms better LOL Do you suppose they needed any HELP! HELP! HELP! ??

What's with the adjustments? One form now has you manually calculating them, another computes them to scientific notation and you have to make comments and correct them.

I understand a glitch, but this has been occuring for a long time.

This probably belongs in another thread, sorry.

Yes, you are right about that, Doin'. You were trying to make a serious observation about Corelogic and I was making a joke...mea culpa!!

No worries here Vette. I agree with your valid point.

Check out this article from Business Insider. I think the most telling part of the whole article is in the first comment: "We can't trust anyone's numbers."

http://www.businessinsider.com/michelle-meyer-nar-existing-home-sales-2011-12

An MLS clearing house needs to compile data by address, type of transaction, date and zip code to preclude duplicate reporting.
Otherwise it's garbage in, garbage out.
p.s. how about hiring Zillow? HA!

"HA" is right!
You would think in a world where people can find out your most intimate personal information with a few clicks of a mouse that we could find a way to get accurate sales data for real estate, which has some of the most regulated and recorded sales of any kind!

And the Franchises are sending this inaccurate NAR data to their salespeople...who just swallow it

What are the options when speaking to clients trying to answer their questions regarding the local market and the "local expert" giving them advise?
We look like idiots one way or the other, it's a no win situation.

It's always been a problem for me because I'm quite a bit more pessimistic about things. The brokers in my town all want to put a positive spin on everything--thus we get newspaper articles where brokers are quoted basically saying that everything is fine. I think that's BS and it really bothers me. People (the public) have got to see through that. They can certainly see the long lists of sheriff's sales, which are published in the paper, plus it's pretty easy to drive around and see the bright green or orange window stickers. I just think the NAR stuff really makes us as a profession look bad, when as individuals we had little, if anything, to do with it.
Someday soon, someone will be paying attention to what was said and done by the real estate industry during this time, and by whom. I just hope that as an industry we come out as honest and as clean as possible.

This is the first time since 2004 that there are less than 1,000,000 NAR members.

http://www.realtor.org/library/virtual_library/membershipcount

http://www.arello.com/faq/participants.cfm?nSortBy=4&cSortOrd=A

Despite this fact, there are agents who just don't enter information correctly to begin with. Financing type is a big foul-up in my MLS.

My wife and I had been members for years and really thought it was a waste of money every year. We went to work for a broker that doesn't require NAR membership and thought we were off the hook until the board in Georgia decide to charge every agent an annual fee to use the GAR forms. Now we have to pay $199.99 a year to just have access to the forms. What a rip off.