homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
Subscriber content preview

January 18, 2007

The Real Estate Adviser: More fuel on the fire of commission fees

By TOM KELLY
Special to the Journal

NEW YORK — The comment simply added an international flavor to what has become an on-going wrestling match about real estate commissions. In fact, “60 Minutes,” the popular CBS television program, even showed up to tape The Main Event of the Real Estate Connect NYC Conference.

Simon Baker, a successful Australia-based publisher of real estate information who is now managing director and chief executive of realestate.co.au Ltd., a Web site posting property listings in several countries, was part of a panel discussing how and where high net worth individuals were purchasing real estate around the globe. Many high-end agents based in the United States explained how they had contacts and clients in foreign countries — Russians, Germans, Italians, Japanese — who had come to the states and bought expensive homes and apartments.


 
. . .


To read this story in full login or purchase a subscription.



Previous columns:



Email or user name:
Password:
 
Forgot password? Click here.