Boise's Best Real Estate Team
Phone: (208) 472-8606
info@boisesbestre.com
A Blog of Boise’s Best Real Estate. Real Estate Trends.  
Discovering Idaho. The Arts. Commentary.  




Thursday, April 17, 2008

An Open Letter to Our Clients About Online Advertising

Like many real estate teams, we post our listings on a variety of third-party websites, some of which are free (CraigsList), others of which we have paid for (BoiseHomeSites.com or Homethinking, for example). As the number of third-party websites has grown at an unprecedented rate, we are now more informed and a lot less pleased with where and how your listing is being displayed.

Here are a few of the problems we've run into.

(a) Listings are sometimes duplicated,
(b) frequently display incorrect or insufficient information, or
(c) are being attributed to agents other than the listing agent.

Zillow is one of the worst offenders, albeit inadvertently. Though it may offer some buyers a real service, it also does them a disservice. (Read this Wall Street Journal article.) Zillow maintains a database of properties in most major real estate markets. They gather data on properties from county assesor records and make it available on their website, regardless of whether or not that property is for sale.

Unfortunately tax records are all over the map. This Sellsius thread would make anyone shy away from Zillow! We've had problems with incorrect information, and while we've corrected is, Zillow displays the assessor's information AND ours, which is terribly confusing and, in my judgement, might cause a potential buyer to skip the property or question the listing agent's credibility.

(On the plus side, any home that is already in Zillow, you can brand it as being for sale.)

Google Base is another headache. Long story short: Keller Williams syndicates our listings to Google Base...but so do other offices. While Google acknowledges that they receive listing submissions from multiple sites (and even provide an inconspicuous link to "All Sources"), the inherent concern remains: Listings may be branded to other agents, which is not unusual in the industry (elsewhere dependent upon a mutual agreement), but violations are harder to identify and report.

Homescape and IdahoHomeSpot are a couple of other third-party sites that we've wrangled with. Of the sites where our listings are syndicated, Trulia has been remarkably accurate and easy to use.

To avoid confusion, we've begun monitoring these third-party sites, reviewing our listings and trying to fix errors. We also provide a disclaimer in our listing packet.
It seems everyone is getting into the real estate marketing biz! While Google Base, Trulia and others want to "connect users as quickly as possible with the information they need," there are going to be problems. We'll do the best we can to troubleshoot. But bear with us.

Labels: , , , , ,


----------------------------

Monday, April 14, 2008

Tips for Buying in a Down Market

A contributor at Bankaholic.com sent us a link to this article with some advice on buying in a down market.

Boise, Idaho hasn't been hit as hard as some markets, but the gist of this article (do your due dilligence and live within your means) is applicable anytime.

Remember--you have options!

Labels: , ,


----------------------------

Thursday, April 10, 2008

Foreclosures on the Rise in Ada County

Loan default filings kept rising in March in Ada and Canyon counties, IdahoDataProviders.com reported. Ada County one-month totals increased almost every month during 2007, starting with 85 in January and ending with 190 defaults filed in December, IdahoDataProviders principal Charlie Nate said in a release. The growth trend continues, as the March total reached 245 in 2008, up 147 percent from March 2007, he said.
Courtesy of Idaho Business News.

We've talked at length with our clients about options to avoid going into foreclosure, which is so damaging to a homeowner's credit (not to mention the psychological toll it takes). Unfortunately many homeowners don't know there are options!

The bank REALLY does not want your home back and makes great efforts in working with homeowners, through real estate professionals, to find a win-win for both parties. In recent months, the banks have been taking substantially lower payoffs to avoid both parties going through the foreclosure process.

We know that “stuff” happens and because someone has housing struggles, it doesn’t mean they’re a bad person or did anythingwrong. Let us help you understand the process and your options.

We do more than help homeowners in distress. WE CARE. PLEASE speak to us or another real estate professional about your options before you allow your home to go into foreclosure.

Labels: , , , , ,


----------------------------

Wednesday, April 02, 2008

"Picking" Out a Home in Boise Idaho Just Got Easier

If only picking out a home were this easy.


Well, it just got a little easier.

With our new, state-of-the art "Key Word Search," you enter search parameters using key words, helping you hunt down amenities and property types you're looking for and weed out what you're not! Combined with # of bedrooms, bathrooms, location (or whatever), this brand new feature provides you with an incredibly efficient property search tool!

Some common keywords:

Investment
Short Sale
RV Parking
Single Level
Energy Star
Lease Option

Try it today! Use the advanced search to combine key words with search parameters like price and location (click here) or a quick search to search homes and properties by key word only.

Labels: , , , , ,


----------------------------

Phone: (208) 472-8606

Copyright 2010 Boise's Best Real Estate and Tour Real Estate. All Rights Reserved.  Boise's Best Real Estate is an independent team, owned and operated by Leigh Wilson and Ed Elam, at Keller Williams Realty Boise (Idaho)