Thanks to the folks at First Tuesday for charting the contrasts of employed agents in July 2008 with August 2009 at California’s 30 largest brokerages. Since July of 2008, employment has dropped dramatically, with Agents and Brokers now scrambling to succeed in the half-priced turmoil of spastic REO and negative equity listings. Those that remain [...]

Fresh off the presses! Marketwatch’s assistant managing editor/personal finance, Steve Kerch, reporting that the housing bust has pushed home prices down substantially, taking a heavy toll on real estate commissions in the process, and is also devaluing the role of the real estate agent in buying and selling, a study from J.D. Power and Associates [...]