Comments on: Will the Soft Housing Market Cause Online Real Estate Sites to Crash & Burn http://www.biggerpockets.com/renewsblog/2006/08/24/will-the-soft-housing-market-cause-online-real-estate-sites-to-crash-burn/ Learn, Network, Invest Mon, 23 Nov 2009 07:23:11 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: South Florida Homes http://www.biggerpockets.com/renewsblog/2006/08/24/will-the-soft-housing-market-cause-online-real-estate-sites-to-crash-burn/comment-page-1/#comment-55028 South Florida Homes Wed, 05 Mar 2008 01:18:18 +0000 http://www.biggerpockets.com/renewsblog/2006/08/24/will-the-soft-housing-market-cause-online-real-estate-sites-to-crash-burn/#comment-55028 The peoblem that I have in my experience as a Realtor is that you do not get the personal involvement. I am available to answer questions, give my clients updates and provide them with anything they need. I think people want that personal involvement with the biggest investment decision they will make in their lives. The peoblem that I have in my experience as a Realtor is that you do not get the personal involvement. I am available to answer questions, give my clients updates and provide them with anything they need. I think people want that personal involvement with the biggest investment decision they will make in their lives.

]]> By: H Antoney Harvey http://www.biggerpockets.com/renewsblog/2006/08/24/will-the-soft-housing-market-cause-online-real-estate-sites-to-crash-burn/comment-page-1/#comment-5873 H Antoney Harvey Mon, 25 Sep 2006 17:04:18 +0000 http://www.biggerpockets.com/renewsblog/2006/08/24/will-the-soft-housing-market-cause-online-real-estate-sites-to-crash-burn/#comment-5873 There are a large number of for sale by owner sites available today but many of them are simply around for advertising dollars from sites such as Google and others only exist to support other businesses. These sites don’t really provide a compelling service and don’t offer much assistance to home sellers and buyers. I agree that many of them face the prospect of closing anytime the real estate market takes a downturn. For Sale By Owner Sites who offer buyers and sellers a wide range of services to help them become successful have a much better chance of surviving and even thriving whether the market is up or down. Customers realize that services such as video tours, virtual tours, real estate resources, tips and other innovative features will help them to become more successful than sites which merely allow posting of static real estate ads. I’m curious to see which of the discount brokers and for sale by owner websites survive this downturn. There are a large number of for sale by owner sites available today but many of them are simply around for advertising dollars from sites such as Google and others only exist to support other businesses. These sites don’t really provide a compelling service and don’t offer much assistance to home sellers and buyers. I agree that many of them face the prospect of closing anytime the real estate market takes a downturn.

For Sale By Owner Sites who offer buyers and sellers a wide range of services to help them become successful have a much better chance of surviving and even thriving whether the market is up or down. Customers realize that services such as video tours, virtual tours, real estate resources, tips and other innovative features will help them to become more successful than sites which merely allow posting of static real estate ads.

I’m curious to see which of the discount brokers and for sale by owner websites survive this downturn.

]]> By: Michael http://www.biggerpockets.com/renewsblog/2006/08/24/will-the-soft-housing-market-cause-online-real-estate-sites-to-crash-burn/comment-page-1/#comment-5067 Michael Thu, 31 Aug 2006 03:32:17 +0000 http://www.biggerpockets.com/renewsblog/2006/08/24/will-the-soft-housing-market-cause-online-real-estate-sites-to-crash-burn/#comment-5067 The housing boom cycle comes, on average, every 2-4 years. Yes, the market has softened, but no reason to panic. No, I am not a realtor who is just saying this to change public opinion that the market isn't that bad. I am looking at economic numbers as a gauge, which, by most accounts are still strong. Lots of discount brokers don't make it because the NAR employs monopolistic practices. I've seen it in action. Discount brokers have to be very well funded, or they will be run out of town. The housing boom cycle comes, on average, every 2-4 years. Yes, the market has softened, but no reason to panic. No, I am not a realtor who is just saying this to change public opinion that the market isn’t that bad. I am looking at economic numbers as a gauge, which, by most accounts are still strong.

Lots of discount brokers don’t make it because the NAR employs monopolistic practices. I’ve seen it in action. Discount brokers have to be very well funded, or they will be run out of town.

]]>