FSBO
Tech Crunch Comment
FSBO Sites Are Popular During A Recession
For Sale By Owner sites help people during a real estate economy of falling prices, slow sales, and a credit crunch. Frustrated sellers want to connect with buyers directly.
For Sale By Owner Economy
AIG, Bear Stearns, Fannie Mae, Freddie Mac, Lehman, WAMU, and $700 billion makes me optimistic about the growth of online FSBO. In tough times, people need to save money.
Branding and Links
I read an interesting clip in the Inman blog about how real estate consumers are searching online. VisiStat, a company that tracks Web stats for brokers,
The Perfect Storm
If online real estate in 2007, was like travel in 1997, then 2008 may be the perfect storm . . . .
A New Site for FSBO's
SearchHomesOnTV.com offers a variety of services, plus comparable pricing, mapping, and neighborhood info. They can also assist the seller with marketing, including a 40 second video walk-through of the property,
Thrive During the Housing Downturn
Crumbling prices, slow sales, and a credit crunch in 2008 will keep the FSBO option attractive to buyers and sellers. Since many FSBOs use an agent in the end,
Mortgage and Housing Mess
The down turn in the mortgage and housing market will likely last through 2009. This shake out has impacted tens of thousands of realtors and mortgage brokers.
5 Verticals
Online real estate can be divided into 5 types of businesses. First are sites that allow people to search the MLS (multiple listing service). Second is the field of property valuations.
President Harry Truman and FSBOs
I’m unsure if Harry Truman ever bought and sold a home by owner, but I admire a quote that is attributed to him. He said: "I have never seen pessimists make anything work,
One of the Oldest Free FSBO Services Online
The idea came to me back in 1998. We went live in early 1999. As a Realtor, I thought that if I created a free FSBO listing service,
I Just Love FSBOs
For Sale By Owner is about buyers and sellers connecting. FSBO sites get crawled religiously by hungry Realtors, mortgage brokers, insurance agents, and other trade pros all prospecting the free seller leads to farm.
ANOTHER BLOG ?
As if the real estate industry needed another blog . . . .?! Generating publicity would be an easy answer, but I believe it’s all about the conversation and adding a unique voice.