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Real Estate News And Advice
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February 12, 2012
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Response To: |
The Big Picture On Virtual Tours
(Blanche Evans - 05/01/2001)
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Wake Up Realtors®!!!!!!!!
Posted By: insider_truth - 05/01/2001 06:05 PM
My Opinions: I too think that in some cases the articles seem a bit too slanted. However, by virtue of the fact that we can post this board, I think Realty Times is the only place to get close to a balanced viewpoint. I was even more heartened to read the article on the main page of Realty times by the RI publisher. That one gets to the core of the whole issue about how much value Homestore has in the first place. You won't find Inman or Rismedia posting anything of any contreversy, if they do they kill it as fast as it comes out. I have sent plenty of tips to Inman that must not have made it through the "editorial" review process.
This board is to discuss Virtual Tours and Homestore's blatant dance around the issue of allowing competitive access to enhance data. The bottom line is, It takes nothing to add an additional link to a listing, Yahoo and scores of other sites do it and they don't charge a penny. Homestore is picking the pockets of the agents again in attempt add numbers that will substantiate an over valued stock that is the last of the dotbomb bubbles, and is destined to burst in the next 6 to 12 months and just like with RIN, the agent is going to get left holding the bag.
Agents, please wake up to these tactics, fight the good fight! Demand to be treated as a respected member of a trade association to which you pay handsomely, not a buch of shills to be take advantage of by a bunch of modern day robber barons. Read these posts, go through the archived articles. Read the article entitled "Is Nar the Lion Coming over the Hill" Read Homestore's, 10Q and 10K filings on Nasdaq. Read the insider sales reports on Yahoo. Go to http://www.insidetruth.com and read the report on Homestore. Ask yourself why almost $600 million dollars of the investors money has gone into the pocket of few insiders at the top, and not just at homestore, but NAR as well. Look at the relationship with Cendant and the screwy Move.Com deal that cost millions and gained Homestore a few web pages, a catchy domain name and way to play a little more loosely with the rules.
Be glad we have a place to get truth out. It will as they say, set you free. :)
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