Letters to the Editor
New real estate startup called 'utter joke'By Inman News, Wednesday, October 3, 2007.
Re: 'RealUmbrella seeks to shut agents out of transactions' (Sept. 24)
I read your article titled, "RealUmbrella seeks to shut agents out of transactions." Of course, an anticompetitive headline such as this piqued my interest -- you intended that. After I looked up this startup via its Web site, I'm astonished that a small virtual company with no track record and a Web page (which essentially is nonfunctional) would warrant a headline.
They brag, "The competition would be to see how fast their [a regular agent's] listing is in the general public view vs. that of a RealUmbrella listing. Any takers?" -- yet they haven't even managed to launch their own Web page. An utter joke if you ask me ... and juvenile at best.
I wonder what I might do to deserve such attention. How about a headline reading "Agent Out to Expose Virtual Companies For What They Really Are" -- schemes to separate people from their money while doing as little as possible.
Drew & Christine Morgan
Re: 'Massive layoffs at discount brokerage Foxtons' (Sept. 27)
Guess the agents who suggested they would respond to Foxtons' 1 percent commission offer with a 1 percent commission offer of their own never heard of the Sherman Antitrust Act.
You Decide Realty
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.