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Updated over 14 years ago on . Most recent reply

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Dale Osborn
  • Mobile Home Investor
  • Spanaway, WA
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The 737,000 mistake

Dale Osborn
  • Mobile Home Investor
  • Spanaway, WA
Posted

The National Association of Realtors (NAR) is trying to explain why their 4 year average for resale homes is off by close to a million homes. This is another indication that there needs to be outside checks and balances placed on those agencies that control a lot of politicians pockets. The first average was for 5,137,000 and now it has been revised to 4,420,000. Instead of trying to paint a rosy picture the agency should have been reporting statistics accurately - then there would not be any problem. Dues will probably have to be increased so they can do some additional advertising to cover their glaring mistake. It is a shame that so many have to suffer due to the actions of a few.

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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

I don't for one minute consider the NAR an unbiased, factal source. They're a trade group. They promote their industry. Their industry is real estate transactions. Their business is to convince people to buy and sell houses. Simple as that.

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