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Posts Tagged ‘Marketplace’

[Global Top 20] Highest Priced Closed Residential Sales List

May 14, 2014 | 11:15 am | bloomberglogo | Radio |

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After all the hoopla over the recent $147M sale in The Hamptons, I compiled a list of the highest priced sales around the world I could think of. It’s not comprehensive since all the sales are in the US or UK, and there are a few out there that haven’t closed yet.

Here’s a very brief Marketplace Radio piece on this phenomenon.

Please share if you know of others!

A few takeaways:

  • The media coverage to actual sales ratio is staggering.
  • There can’t be more than a few dozen, a few hundred or perhaps a few thousand that would be considered buyers in this space at any one time.
  • These sales are a pop culture-like distraction from the growing issue of access to affordable housing in the US.

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“Appraising the appraisers” on Marketplace Radio

July 31, 2005 | 9:16 am | Radio |

A few years ago, I decided to be more outspoken about the predicament that appraisers are in. We really don’t have a collective voice over the issue of the flawed structure that currently exists in our profession. It is essentially this:

Those who are paid on commission in the origination of a mortgage, determine which appraiser(s) to use. The system of checks and balances no longer exist.

Bob Moon of the Marketplace show on American Public Media radio showed great interest in the story. He researched and put together a broadcast aired on National Public Radio on June 23, 2005.

At about 6 minutes, it was one of the longest stories they had done in the past year. That meant either I was a fascinating interviewee or the story was compelling. (I assume the latter but was secretly hoping it was the former).

American Public Media “Market Place” Radio Broadcast Appraising the appraisers

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