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Real estate circulation circumstances in the United States

The listing aggregator's gaining power

Progress of home store dot com

Accelerating Japanese original approach

Huge site appearance possibility

Dilemma of new and old

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Real estate circulation circumstances in the United States

Then, I want to see the movement of the real estate industry in the United States that is the net business birthplace here. 

Internet transaction of the real estate property is full-blown in the United States. The real estate agency is basically acting as [se-ra-zu] agent (vender side deputy) or [baiya-zu] agent (purchaser side deputy) in the United States. The real estate circulation is digitalized from early time, and the vender of the article can register the article in public property information data base "MLS(Multiple Listing Service)" in various places from all over the U.S. through the [se-ra-zu] agent. The purchaser side confronted refers freely to abundant articles accumulated in MLS by way of the Internet, and can look for the article of the aim. And, it is a condition that the [baiya-zu] agent appears as a deputy assisted the [se-ra-zu] agent when becoming a contract stage. 

It seems it ..the payment of a general contingency fee in such a real estate deal of about 6% of the sales price to the [se-ra-zu] agent the vender.. ..the [se-ra-zu] agent who receives it.. ..the mechanism (Figure 1) of paying about the half of the reward to the [baiya-zu] agent... 

Additionally, there is a dealings method named FSBO(For Sale By Owner) not so seen in Japan, too. This has been chiefly literally selected by "Clearance of the article by the vender" as a means to evade the commission of high priced paid to the real estate agency when the article is bought and sold. However, it cannot be asserted that FSBO is a cheap indiscriminately selection when considering it including the advertising effectiveness because all advertising expenses etc. such as making the standing signboard and distribution and making the handbill/FSBO magazine/newspaper become the portion of medical expense to be paid individuallys though a reward of 6% on the average alone is not collected. For instance, expense near for 1,000 dollars for three months of 320 dollars in the monthly sum the charge when the advertisement of page 1/4 is inserted to "FSBO Magazine" that is a typical FSBO magazine is pressed. Moreover, because only the real estate agency is possible the article registration to MLS, dealings with FSBO also have the difficult point that it is not possible to register. 

The approach for the Web site such as "Owners.com" and "FSBOonline.com" to support FSBO is started, and the services of lending the sales promotion goods and the listing etc. to MLS (It is 499 dollars in case of the case of FSBOonline.com each) develops now, too. They employ a new business model by whom Fee For Service (The service that the vender and the purchaser need is provided, and the consideration is obtained) is assumed to be a principal source of income, and are attracting attention as a new current to sell the real estate by the online that began to increase from the end of the 1990's. A used article (about 20% of a used all articles) it, and furthermore however, the main market of FSBO reduces and the market share of the amount of money of handling base of about one million in the real estate circulation reduces from 18% in 1997 to 16% according to the examination of NAR ([riaruta-zu] society from all over the U.S.) in 1999, too. First of all, future tasks can be called an expansion of the market in above all.