I never ceases to amaze me. With the industry in turmoil - real turmoil meaning homes aren’t selling, credit is harder to come by even for good borrowers and silly groups like the Austin City Council trying to kill local real estate with local environmental-efficiency upgrades before permitting a house to sell - the REALTOR industry just keeps shooting itself in the foot. Never mind a weak dollar, shaky lenders and foreclosures undermining the markets in the states with the largest economies in the country - FL, NY, NV, and of course, California. Don’t worry about the changing generations of buyers disrupting the comfy-cozy medieval guild system we used to call the real estate business. And as for new third parties like Trulia and Zillow, they aren’t even on the radar of really disrupting the business, considering how easily they were co-opted into playing nice with the big franchisors.

Nope: Just leave it to the local MLS system to put the final nails into the coffin of good old real estate.

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