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             REAL Trends E-mail Update
                     EXTRA!
     Real estate industry news that's in your
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Sponsored by:
REAL Trends, Inc. . . . .http://www.realtrends.com
realtrends@aol.com . . . . . . . .rtextra@rt66.com
Published by . . Laurie Moore-Moore & Steve Murray
 

 

 

 

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May 12, 1999 . . . . . . . . . . . . . Update #162
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In light of the weekend arrival of Sarah Marie
Kirkland (the smallest member of the REAL Trends
staff at 6 pounds, 10 ounces), new daughter of REAL
Trends E-mail Update Editor Cathy Kirkland, the
Update will go out only once this week and once next
week, then likely resume its regular twice-weekly
schedule.

The Big Brokers Report listing the top 500 residential
real estate brokerages in the United States is now hot
off the press! For more information on the report, call
303-791-7387 or e-mail realtrends@aol.com .

*****News flash!***********************************
*
* IN THIS UPDATE...
*
* RealSelect clarifies referral fee issue
*
* Mergers, acquisitions, affiliations
*
* REAL Trends E-mail Update featured Web site
*
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=====RealSelect clarifies referral fee issue=====

(REAL Trends - Dallas/Denver)  During a group
discussion at the REAL Trends Gathering of Eagles
Leadership Conference last week, questions regarding
RealSelect's relationship with Intuit, the company
that makes Quicken software, arose. Anouk Patty of
Quicken Mortgage and Roger Conley of RealSelect were
asked about Quicken's ability to get customer data
from RealSelect leads and whether it could be referred
back to Realtors.

Stuart Wolff of RealSelect clarified the position of
his company with the following statement.

"Our position on this topic has always been, and
continues to be, crystal clear: RealSelect, and its
partners, do not, and will not ever, charge referral
fees. Not today. Not tomorrow. Not ever."
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=====Mergers, acquisitions, affiliations=====

* Dutra Realty Enterprises, a real estate brokerage
firm with offices throughout California's East Bay
area, and Prudential California Realty, of Northern
California, have jointly announced their decision to
merge. The merger creates a real estate organization
with combined annual sales of $4.85 billion, 19,000
annual transactions, 103 offices and 2,900 sales
associates throughout Northern California.
Prudential's David Cobo and Ed Krafchow, and Dominic
Dutra of Dutra Realty, will head the organization, with
Cobo acting as president and chief executive officer,
Krafchow as executive vice president and Dutra as chief
operating officer. The company will officially begin
operating as Prudential California Realty during the
last week of May.


=====REAL Trends E-mail Update featured Web site=====

Dream Home 2000 -- http://www.dreamhome2000.com/dhouse/index.htm

(AOL users, click <a
href="http://www.dreamhome2000.com/dhouse/index.htm">here</a> for
hyperlink.)

Follow the progress of a dream home being built by a
married couple comprised of an architect and a
contractor. Expected to be finished around the
beginning of the new millenium, the project promises
to provide plenty of lessons to site visitors on
building and remodeling.


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REAL Trends, Inc., has three offices:
*** Dallas (office of Co-Owner Laurie Moore-Moore) --
phone 972-250-1483, fax 972-931-8545
*** Denver (subscription/editorial office, and
office of Co-Owner Steve Murray) --
phone 303-791-7387, fax 303-791-7388
*** Los Alamos, N.M. (office of Special Projects
Manager Cathy Kirkland) --
phone 505-661-6513, fax 505-661-6529

The REAL Trends E-mail Update is edited by Cathy Kirkland.

***********End of REAL Trends E-mail Update***********
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