Category Archives: Realestate

In Online Realestate Websites We Trust

Last few months I have been very closely following the listings of each home put up within our zipcode. There are some things I like about Redfin and there are some I like about Zillow. It’s always like that, isn’t it? I mean, you never get what you want from just one thing. I have not only been following the listings for sale but also when they are sold, supposedly.

Why am I saying supposedly? Here is the thing. For some of these listings, Redfin shows as “Sale Pending (MLS-Listed)” while Zillow shows “Listing removed”. So, what really happened? Did it get sold or the seller decided to pull out the listing? One would think that such a simple yes/no question would have just one answer everywhere. But that doesn’t seem to be the case.

Similarly, in another case, Redfin indicated that the home is not for sale any longer (initially it did show that it’s for sale) but on Zillow, it still shows that the home is for sale. So, why is it that Redfin knows about the removal of the listing but not Zillow? Or is it the other way, where Redfin thinks that the home is off the market? I can understand a delay of a day or two since they have to get their data feeds from some where and one could have more recent info than the other. But when you see this type of high level data discrepancies for weeks, it makes it hard to decide on whom to trust.

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Selling A House On Amazon!

Check out this Home Listing On Amazon!

Call it marketing technique or desperation. The description of the listing goes

Product Description
SHORT SALE!! Owe bank $292,994.. Hardship, pre-foreclosure. Resort Living with Pools, Spa, and Tennis located in Mountain View Gated Community”. The best house available. Buyer to pay closing cost. Patio Cover in back yard. Large Corner Lot. Panoramic View of Mountains. Newer home. Comparables from $380 – $412 K. Next to Golf Course. North of Mission Lakes Blvd. 9 Miles to Palm Springs. Upgraded galore Beds: 3 Baths: 2 Sq. Ft.: 1,500 $/Sq. Ft.: $195 Lot Size: 7,900 sq. ft. Property Type: Single Family Residential Detached Year Built: 2006 Stories: One Level View: Mountain Area: Desert Hot Springs Subdivision: Mountain View Country Estates County: Riverside MLS#: 41294751 Additional Rooms * Master Suite * Living Room * Breakfast Counter/Bar * Breakfast Nook Flooring Information * Ceramic Tile * Wall-to-Wall Carpet Water & Sewer Information * District Water Source * Front Sprinklers Only * Auto Timer for Sprinklers * Sewer Connected & Paid Pool & Spa Information * Has Pool * Community Pool * Has Spa * Community Spa Interior Features * Window Blinds Property Information * Has Yard * CC&R’s * Gated Community * Land: Fee School Information * School District: Palm Springs Unified Fireplace Information * Has Fireplace * In Living Room Appliances Included * Dishwasher * Garbage Disposal * Microwave * Built-In Gas Building Information * Direct Garage Access * Main Floor Master Bedroom * Concrete Tile Roof * Square Footage Source: Seller Patio Information * Has Patio * Concrete Slab Patio Lot Information * APN: 661470021 * Lot #: 310

It can’t be a joke since Amazon actually assigned an ASIN (Amazon Store Item Number?) for this house and it’s B00106CN44.

I can already imagine mashups between Amazon.com and Zillow.com with all the MLS listings!

Now how do you like creating a Wishlist for houses, My Favorites for Houses, a Listmania, A deals widget for Houses, an Omakase (contextual) links and may be even recommendations based on your past purchase history (of houses or other things on Amazon)! Or may be even a donations widget asking people to fund your favorite home.

Right now it seems to be a 3rd party seller’s listing. Now, imagine if Amazon were to enter into a real estate brokering business. Using it’s dynamic price optimization, you would see one price and someone else a different price, give or take a few thousands of dollars!

And all of a sudden you get New Homes, Used Homes and Like-New homes. If a roof is newly done or a kitchen is remodeled, then it could even go as a “Refurbished Home”! Of course, there is no packaging with UPC code that has to be sent to get a manufacturer’s rebate. Practically, everything that Amazon does with it’s products, I am imagining how it goes with a house listing!

Here is the best thing, some kid puts a home in the shopping cart and a day later the rich dad with no credit limit tries to buy a book using One-Click and guess what, “Honey, the monthly credit-bill this month came to a million plus, what did you buy?” Just kidding!

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Filed under Amazon.com, Home Selling, Realestate, Zillow