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Stocks H / Housevalues, Inc.


Subject: and more Date:  2/11/2006  12:40 PM
Author:  boringusername Number:  61 of 120

I sold my HouseValues on a little pop a few weeks ago. I broke even and I feel lucky, perfect timing would have netted me a little more, but timing doesn't work.

When I sold it I had not yet seen Now I am more convinced than ever that I did the right thing. I sold HouseValues based on four things:

1. I would not want to be one of their users. They lead you to their site promising to tell you what your house is worth and then they hook you up with a real estate agent. That real estate agent is some combination of self selected (having signed up for the HouseValues program) and randomly selected (if HouseValues truly doesn't send each contact to multiple agents). Is this how you would find a good real estate agent? What about asking friends who sold their house? What about paying attention to the signs to see who is farming your neighborhood? What about interviewing two or three and picking the one that you work best with?

I would not pick a real estate agent the HouseValues way and I consider what they do deceptive which seriously turns me off.

2. I would not want to be one of their agents. First and foremost, any service that forces you to a year long contract does not have enough confidence in the value of their product to trust customers to stay around. Forget the arguments over the churn rate math, forget the questions about whether the agents posting in the flame message boards are a select few or truly represent the majority, and forgeet the endless arguments about w