Comments on: A Real Estate Buyer Search Engine?

By: manila office space

manila office space — Wed, 17 Feb 2010 09:52:52 +0000

Pretty good points stated here but I have notived that one from charles, the developer of the search engine which is most likely a realtor or someone employed by a realtor should expect that employing such method would not directly yield them serious clients but will at least market or make their products known world wide. Anyhow they should consider looking unto whether or not realtors should be dependent on this, which is probably a yes for me, digital age ring a bell?

By: Real Estate Marketing

Real Estate Marketing — Sun, 12 Jul 2009 03:42:32 +0000

The RE agent drop in income story has other facets.Agents
incomes are way down. The figures calculated are probably
directionally correct overall. What makes things worse for the
agents is that they're not doing 54% less work, or incurring 54%
less out of pocket costs. Many pay for system access and certain
RE related services out of pocket. With income reduced but
expenses holding steady, the reduction in their net income is
more pronounced. Many of these agents are also spending
significant amounts of time and energy working on short sales.
Few of these transactions end up closing and yielding
commission $ as many banks are dragging their feet on dealing
with problems. The only people who seem to have it worse are
the spec builders. Many are being boiled alive as the problems
they put off in 2008 by renting out unsold inventory are now
snowballing into massive losses.

By: jfsellsius

jfsellsius — Mon, 06 Jul 2009 23:17:28 +0000

Thanks for stopping by, Duncan

By: NationalBLS

NationalBLS — Mon, 06 Jul 2009 21:27:14 +0000

Interesting comments…
Will – I agree buyers are finicky but pre-approved buyers with agents are more serious.
Lani – Thanks!
JF – It is key to NationalBLS to use agents. I don't think FSBO is a mass market solution as the process is still too complex. Getting the balance right for consumers and agents is what we are working on.
Bill – I will be at RE Barcamp in SF this summer.
I welcome all your feedback, Duncan.

By: ALex

ALex — Sat, 27 Jun 2009 17:46:07 +0000

www.MyPocketDeals.com does just that. They have listings from both sides buyers can post their wants and sellers can list properties.

By: mfdaly1

mfdaly1 — Sat, 27 Jun 2009 13:43:04 +0000

Wealth of info here, Joe!
Dwellgo and BLS are great ideas! Thanks Lani!

By: jfsellsius

jfsellsius — Sat, 27 Jun 2009 05:24:11 +0000

Yes, indeed. Bill Wendel, you are a man ahead of your time… and you have
been for a long time.

Thanks for sharing.

By: Portland Real Estate

Portland Real Estate — Sat, 27 Jun 2009 00:47:15 +0000

I am not sure that would work. There is just something to be said for the special relationship that a buyer has when they have a good agent. I am not sure that is something that could ever get replaced, no matter how good the web software gets. Enhanced yes, replace no.

By: Bill Wendel

Bill Wendel — Fri, 26 Jun 2009 23:36:35 +0000

Joe,

You may remember that we spoke about an MLS of buyers at the REBarCamp NYC in January 2009, see blog post / video below:

Got rebate? Want menu of services & fees? Watch video / answer Q's
http://tr.im/BuyerMLS

Would gladly add members of our 1,000 Click Club to any experimental buyer databases. We're already using Twitter to introduce home buyers to FSBOs:
http://tr.im/TwitterBuyerProfiles

And also placed ads on Zillow.

By: Charles Black

Charles Black — Fri, 26 Jun 2009 18:30:49 +0000

It would also allow the listing site to provide more thorough demographic data to their advertisers. Right now, advertisers don't really know what kind of demographics their paying for. But, if there was a buyer listing section, advertisers would know the average age, income and even credit score of the viewers.

Of course, this could always backfire if you end up getting bad demographics.