66% of Long Island listings require prospective home-buyers to register<\/a> on a website before seeing the address.<\/p>\nWhy would a listing agent do this? These homes get 42% fewer online viewings on Redfin, and are on the market 54% longer. \u00a0And any listing that requires registration to show an address can hardly be found on Google.<\/p>\n
It doesn’t make any sense. Perhaps some clients want privacy. But that can’t be the only reason. It seems like in most cases, rather than having to deal with every Tom, Dick and Harry off the Internet, listing agents decided to try to find a buyer through their own network, perhaps so they could earn both sides of the commissions.<\/p>\n
We’ve seen a similar phenomenon in San Diego, where about 12% of listings aren’t published to the Internet at all.\u00a0Is inventory-hoarding what’s really at work? What are the situations where limiting or entirely withholding Internet publication would increase sales?<\/p>\n
I used to be more willing to concede that it might not matter much at the very high-end — where buyers may be more likely to handle everything face-to-face — but lately we’ve seen foreign investors browsing our site from Asia before coming to the U.S. to put millions in capital to work.<\/p>\n","protected":false},"excerpt":{"rendered":"
What’s going on in Long Island? Over the past week, we noticed that 66% of Long Island listings require prospective home-buyers to register on a website before seeing the address. Why would a listing agent do this? These homes get 42% fewer online viewings on Redfin, and are on the market 54% longer. \u00a0And any […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,27],"tags":[],"class_list":{"0":"post-9469","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","7":"category-redfincom","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":5707,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5707\/estatelycom-grows-by-more-than-50-adding-chicagoland-and-long-island-ny-to-it-on-line-inventory-of-homes-for-sale\/","url_meta":{"origin":9469,"position":0},"title":"Estately.com grows by more than 50%, adding Chicagoland and Long Island, NY, to it on-line inventory of homes for sale","author":"Greg Swann","date":"November 20, 2008","format":false,"excerpt":"Seattle-based web search start-up Estately.com adds 120,000 new listings to it inventory today, expanding from the west coast to Chicago and Long Island. The upgrade brings Estately's inventory to over 300,000 MLS-listed homes. Also a part of today's announcement, the search-bot will show extended listing histories on homes, a move\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3059,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3059\/the-realtybot-shuffle-truliacoms-response-to-complaints-about-nofollow-tags-on-partner-supplied-content-seems-truly-atrocious\/","url_meta":{"origin":9469,"position":1},"title":"The Realty.bot shuffle: Trulia.com’s response to complaints about nofollow tags on partner-supplied content seems truly atrocious","author":"Greg Swann","date":"May 5, 2008","format":false,"excerpt":"Galen Ward's post on Trulia.com's policy of adding \"nofollow\" tags to links back to its own listings partners has elicited quite a bit of controversy. The original post itself excited a great deal of commentary, and this is explored in encyclopedic detail in a fascinating post by Union Street Media's\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3228,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3228\/why-national-real-estate-listing-sites-suckreason-1\/","url_meta":{"origin":9469,"position":2},"title":"Why National Real Estate Listing Sites Suck….Reason #1","author":"Eric Blackwell","date":"June 12, 2008","format":false,"excerpt":"They don't ALWAYS provide national level exposure to our listings, (and that is above and beyond the fact that most will not disclose the actual traffic figures of their local property searches so we can see ACTUALLY how much exposure we are getting for the listings that we are GIVING.\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10364,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10364\/google-places-is-a-national-real-estate-search-engine-not-so-much\/","url_meta":{"origin":9469,"position":3},"title":"“Google Places” is a “National Real Estate Search Engine”? Not so much.","author":"John Rowles","date":"November 20, 2009","format":false,"excerpt":"...at least not yet. On Sept 24th when the Google Blog announcement of Google Places was posted, there was no mention of Place Pages for Real Estate: \"A Place Page is a webpage for every place in the world, organizing all the relevant information about it. By every place, we\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"google_lbc","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2009\/11\/google_lbc.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9047,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9047\/hoarding-listings\/","url_meta":{"origin":9469,"position":4},"title":"Hoarding Listings?","author":"Glenn Kelman","date":"June 29, 2009","format":false,"excerpt":"Has anyone noticed listing agents hoarding REO inventory for their own clients? In California, where we now have only 4.2 months of inventory, we have begun to see bank-owned listings marked as contingent within only a minute of being listed, only to return to the market a month later and\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2983,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2983\/truliamazing-tricks-of-the-trade-dont-link-to-your-trusted-partners\/","url_meta":{"origin":9469,"position":5},"title":"Truliamazing tricks of the trade: don’t link to your trusted partners","author":"Galen Ward","date":"April 29, 2008","format":false,"excerpt":"Greg is impressed how Trulia so dominates the search results for \"714 West Culver Street\". Heck - they got the listing from somewhere, right? Why does Trulia show up above the original sources of data? In this case, two reasons: the original source doesn't even display the address on the\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=9469"}],"version-history":[{"count":5,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9469\/revisions"}],"predecessor-version":[{"id":9492,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/9469\/revisions\/9492"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=9469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=9469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=9469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}