Comments on: ‘E-Lenders’ When Thieves Compete, You Lose http://thexbroker.com/2006/09/20/e-lenders/ Radical Transparency for The Real Estate and Mortgage Industrys Wed, 20 Aug 2008 10:26:41 +0000 http://wordpress.org/?v=2.3.3 By: The Mortgage Cartel and the Need for Transparent Search at The XBroker http://thexbroker.com/2006/09/20/e-lenders/#comment-23 The Mortgage Cartel and the Need for Transparent Search at The XBroker Sat, 31 Mar 2007 00:52:04 +0000 http://thexbroker.com/2006/09/20/e-lenders/#comment-23 [...] e-Lenders: When Thieves Compete, you Lose [...] […] e-Lenders: When Thieves Compete, you Lose […]

]]> By: Maureen Francis http://thexbroker.com/2006/09/20/e-lenders/#comment-22 Maureen Francis Wed, 01 Nov 2006 20:09:44 +0000 http://thexbroker.com/2006/09/20/e-lenders/#comment-22 Lending Tree spreads the same disinformation about Realtors. When Realtors compete you win. In reality, just like with lenders, the consumer just gets the Realtor who is willing the pay the exhorbitant fee to Lending Tree. This is rarely the most qualified agent. It often the hungriest agent. The consumer is offered some rinky-dink kickback like airline miles to lure them in. As for zillow, I guess they had to monetize the site, and the biggest advertiser on the web for real estate related services has to be lendingtree.com. Lending Tree spreads the same disinformation about Realtors. When Realtors compete you win. In reality, just like with lenders, the consumer just gets the Realtor who is willing the pay the exhorbitant fee to Lending Tree. This is rarely the most qualified agent. It often the hungriest agent. The consumer is offered some rinky-dink kickback like airline miles to lure them in.

As for zillow, I guess they had to monetize the site, and the biggest advertiser on the web for real estate related services has to be lendingtree.com.

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