Realtor’s Worst Nightmare
Is a woman with a popular blog. Kate here, 5th of May Blog, has been looking for a house for sometime now. Here blog is her daily diary of the issues she is running into.Â
Whats funny is that she is getting alot of press and blogger coverage, and lots of neighborhood people are reading her blogs. I’m wondering what the sellers of this house are saying about her post?Â
Even worse, does the agent even know that this post exists? They should before their seller finds it.
 UPDATE: We found the Agent’s website, Susan Stone and the price, as of this AM, had been reduced by 20k.Â
UPDATE / UPDATE: I’ve just traded a couple of emails with Susan, the agent for the property, she’s very nice and had explained that the price reduction, was in before the blog post, however, the IDX feed hadn’t updated. Luckily she knew about the post and was proactive about it.Â
Do you know who is blogging about your listing?
My agent is my aunt and for a lot of the same reasons calls me the same things.
The fact that we aren’t willing to committ bank fraud makes us “NIGHTMARES” speaks volumes about LA real estate.
My blog on my own
hellishness.
If she is such a nightmare, do you wonder why people like the blog so much??
Comment by Problemwithcaring — July 10, 2007 @ 2:21 pm
I’m curious as to your point. Are you saying the 20k reduction makes the blog post null and void? Even with the adjusted price, the sellers are still hoping for a 125k gain after 7 months, which seems excessive unless the premise of no improvements is in error.
I fail to understand why the owner of the blog is “your worst nightmare.” She’s preaching to the choir, just writing what so many potential buyers have themselves thought.
Comment by ghenghy — July 12, 2007 @ 6:17 pm
Well… I wasn’t justifying the pricing. Only pointing out an update.
Kate, specifically is not the agent’s worst nightmare. Its that today, anyone, anywhere can post comments on any blog, forum, group or website about a property or agent.
Realtors need to be more effective at understanding this and most of them don’t have the skill to police this type of activity. Its a nightmare, because its coming at them, hard and fast and there is nothing they can do to stop it. You can’t fight consumer commentary…
Comment by mike — July 13, 2007 @ 2:51 pm
As of July 17, the house was reduced again to $799k.
Comment by Kate — July 17, 2007 @ 10:44 am