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Times articles influenced by Brokers?

Started by a_g
almost 16 years ago
Posts: 147
Member since: Jan 2009
Discussion about
It seems to me like ny times articles are always quoting brokerages and trying to create a sense of urgency that the time to buy is now! Do other readers agree feel the same way? Is this because the times advertising dollars comes from these realtors?
Response by switel
almost 16 years ago
Posts: 303
Member since: Jan 2007

100% Agree!

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Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

I've said this a few times already... but go to the nytimes.com site right now.

See there is one section in blue?
Jobs
Real Estate
Autos
All Classifieds

See the actual news is another section?
World
U.S.
Politics
etc.

There is a reason for that. RE section is an ADVERTISING section. It is not held to the news standard. The editor of the section has admitted that in print. It is essentially an advertiser supplement. And who advertises???

OF COURSE its slanted... because its not news, its ADVERTISING.

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Response by sledgehammer
almost 16 years ago
Posts: 899
Member since: Mar 2009

Yep! That's why i stopped reading their RE section...

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Response by w67thstreet
almost 16 years ago
Posts: 9003
Member since: Dec 2008

It should state. Nytimes re section brougt to you by 'corcoran'.

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Response by bronxboy
almost 16 years ago
Posts: 446
Member since: Feb 2009

Who fills up the real estate section? Advertisements by brokers and developers. The "pure" NY Times is not so pure when they need advertising. Yes it is slanted towards brokers. Don't believe the hype.

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Response by ab_11218
almost 16 years ago
Posts: 2017
Member since: May 2009

i've written the head editor a few times pointing out some blantant errors and misstatements by their "writing" staff in the RE section, just to see the same morons write the same bull. i read the section for entertainment purposes rather then informational ones.

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Response by w67thstreet
almost 16 years ago
Posts: 9003
Member since: Dec 2008

Yes swe. Thatz funny. Hey did you hear the hamptons is on FIRE! Better go buy your dream summer home bf they are all gone!

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Response by a_g
almost 16 years ago
Posts: 147
Member since: Jan 2009

I'm not happy about the biased articles, despite all the advertising the paper gets from brokers, it has a duty to the readers to provide unbiased coverage.

I just read that article about the Hamptons. The title and 1st paragraph makes it sound that way - like the market is getting hot, but once you read the enitre article you can dissect the truth from the numbers provided.

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Response by truthskr10
almost 16 years ago
Posts: 4088
Member since: Jul 2009

On corcoran
I've tempered my open house ventures the last couple months, but I have to say for the ones I have gone too, corcoran agents are without a doubt the most clueless of 'em all. Either they are buying in to their company memos or they are shameless shills.

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Response by w67thstreet
almost 16 years ago
Posts: 9003
Member since: Dec 2008

Every prostitute thinks they they are above the $2 crack whore.

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Response by scoots
almost 16 years ago
Posts: 327
Member since: Jan 2009

I do agree that the Times journalists are among the laziest covering the RE industry. They literally speak to 3 brokers and call it a story. That said, one issue is that there just aren't a lot of other "experts" out there to comment on real estate. I haven't seen 30 Years in the news (tho he'd be a great source), every article can't be built on Jonathan Miller's data and we all agree that most appraisers are only slightly less clueless than brokers.

Sure, they could attend Open Houses and interview 10 or 15 potential buyers to see what common themes emerge but I don't see that happening when the same few press-hungry brokers are always at their ready with a good soundbite.

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