Over the past several years, the News-Press has obtained sales and median price data for the South Coast from the Santa Barbara Association of Realtors. The group recently told the News-Press that it now refuses to make this data available to the newsroom. Other associations of Realtors across the county willingly continue to share sales and price information with the paper.Pathetic. There is no law that says that they have to release their data. An independent source of the data gathered from city /county or state records needs to be compiled.
Potential buyers should contact the Santa Barbara Association of Realtors and inform them of their dismay at their decision. Tell them also that their actions make it more likely that they will use a real estate agent that is not a member of the association. The Santa Barbara Association of Realtors should do the right thing and release the market statistics as soon as possible.
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They should do more than just release their statistics (which can be fudged). They should release the raw data with a certification of accuracy and completeness. IMO.
ReplyDeleteMarinite,
ReplyDeleteI agree. I really hope the mainsteam media picks up on this story of realtors associations' withholding data.
I once lived in SB for 3 years. It is one of the most beautiful cities in America, if not the most beautiful. It is certain that these guys have fallen on hard times, and we could be seeing the start of a very great depression. I hope not, but I am concerned. If you cannot sell a house in SB where can you sell one!
ReplyDeleteGood piece on NAR credibility from an industry insider..
ReplyDeleteBeing A Lighthouse: Now Is Not The Time For The NAR Hard Sell
grim
Gee, why won't they publish the data??
ReplyDeleteBecause it's horrible!
I have the data and it median price actually increased the last month though number of sales are down slightly. I don't know why they won't publish it.
ReplyDeleteRealtors are criminals. They manipulate appraisers which inflates the paperwork and lie on papers to get somthing sold. They are almost always rude or downright arrogant when presented with a counter offer. Always Telling lies and staging things;putting up signs that say "sold" when they are not to make an area "look" desirable. Relisting offers on the MLS (look this ones new) Prending to be "your friend". They are used car salesmen on steroids. They will just say anything to sell a house. They exsist solely to seperate you from your money while collecting thier overinflated commisions. Realtors are scum.
ReplyDeleteAs an appraiser, I just got blacklisted from a Major Lender for checking a declining market box in Santa Barbara.
ReplyDeleteA major lender blacklisted an appraiser for checking the declining market box in the city of Santa Barbara
ReplyDeleteA major lender blacklisted an appraiser for checking the declining market box in the city of Santa Barbara
ReplyDelete