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I always balked at the prospect at paying the ridiculous prices for Featured Homes and Showcase Enhancements.  For me, there needs to be proof of return before I will spend my hard-earned money.  The office I currently work with has used both in the past and just received a call recently from Realtor.com to renew these services.  I have since taken over much of our marketing programs and fell off my seat when he announced their "special pricing".  Showcase Enhancements, maybe, but even that should be a service to Realtors being that the site is owned by NAR essentially.  I guess our outrageous dues aren't enough??  Featured listings though, is hard to justify.  In my opinion, if someone is seriously looking at a house, they aren't going to stop at the featured listing selection.  They will go through the whole inventory that suits their criteria.  After all, isn't that what the internet is truly about?  Second, you pay by zip code.  Our office covers parts of 4 counties and too many zip codes to count.  When I asked him their solution for that, his answer was "you would need to buy more zip codes."  Really??  I don't think so, not at that price.  Finally, the only reason the sales rep and everyone else that paid for the service gave me for using the service is "sellers like it and it helps get more listings."  As far as I'm concerned, it's a crutch.  The sellers like it because you tell them they should-because you need to justify to yourself the cost.  Is it a crutch for lack of a great personal/office website?  Even Trulia is much cheaper to use and I have actually closed sales leads that came from my FREE listings on Trulia.  Just had another one last week.  Maybe I'm missing something, but aren't there better ways to spend our listing marketing dollars (if featured homes can be considered "listing marketing" rather "agent marketing".)  Thoughts?  Ideas?

 


A mortgage company gripe and warning
Demetri Koutsokostas (Alpha State Realty)
I debated whether or not to post this blog entry. After speaking with other agent colleauges and title companies with similar experiences, I realized that my venting might save someone else the headaches and everyone can take this post as they wish…
Are We There Yet?
Demetri Koutsokostas (Alpha State Realty)
It seems to be the question on everybody's minds these days: Have we hit bottom yet? After all, when we do hit bottom, there is only one way to go-up. When it comes to the real estate market, we can't generalize. This means that every local market…
Things to be Thankful for this Year
Demetri Koutsokostas (Alpha State Realty)
I know it is difficult for many real estate agents to come up with many things to be thankful for this year. However, adversity is a part of life and our industry, no matter what the scale. King Solomon (probably the richest man who ever lived)…
The "Realtor's" True Reason for Failure
Demetri Koutsokostas (Alpha State Realty)
When I originally started working in this industry, it became apparent very quickly that I was facing an uphill battle. I originally thought "only a lazy person can fail in this industry! " but quickly figured out that every agent is set up for…
Qualifying Buyers
Demetri Koutsokostas (Alpha State Realty)
Does anyone have any approaches to qualifying buyers that works for them? I usually send my buyers to lenders that I trust will do a good job of financially qualifying them. But I find myself dealing with buyers that want to walk when things don't…
Are listings still the way to build your business?
Demetri Koutsokostas (Alpha State Realty)
I have been diligent with my business building efforts and after a spell of buy sides transactions, I found myself in what I thought to be a listing nirvana. I had scored numerous listings, the bread and butter of real estate. As it turns out, they…
Fat Fannie and Freddie Mac & Cheese
Demetri Koutsokostas (Alpha State Realty)
What's with the title you ask? Why not? These once mighty institutions have become lame ducks waiting for the federal government to herd them into protected game lands. Years of getting fat off the cash from sub-prime loans has put them in the U. S…
Loving the bad market!:)
Demetri Koutsokostas (Alpha State Realty)
I always try to find the positive in everything. Many view the current real estate market conditions as a bad thing. I would have to disagree. I always was taught that adversity makes you stronger and better. What is happening right now in the…
My top 10 list for homebuyers :)
Demetri Koutsokostas (Alpha State Realty)
1. Avoid buying the most expensive house in the neighborhood. Unless it's in my neighborhood, then Thank You for increasing my property value! 2. Avoid buying a home in a development that was built on an ancient burial ground. Sooby Doo taught…
 

Demetri Koutsokostas

Carlisle, PA

More about me…

Alpha State Realty

Address: 15 State Ave., Suite 103, Carlisle, PA, 17013

Office Phone: (717) 243-5400

Cell Phone: (717) 798-3735

Email Me

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