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Ask An Ambassador: Facts, Opinions & Outdated Information

By
Real Estate Agent with Transaction Alliance 513.520.5305 www.LizTour.com SAL.2002007747

As real estate agents we work with facts, opinions and what we think are facts, but might not be.

The house has four bedrooms.  FACT...at least usually...don't get me started on that firetrap in the basement with the small window the listing agent called a bedroom.

Your home should sell for X dollars and in X amount of time.  An OPINION (hopefully based on facts, but still just an educated guesstimate).

The HOA fee is  $325/year.  Was a FACT in 2013 when I wrote the post, today it might be outdated information.

As bloggers we're going to cover an entire gamut of topics.  Some purely fact based (local events for instance), some purely opinion (why Zillow/part time agents/dual agency are the worst thing about real estate), and some a bit of a mix (e.g. market reports are based on fact, but then we use those facts to form opinions to inform buyers and sellers of actions we recommend).

A typical blogger will (at least for certain topics) present as the "expert". 

With that tag of "expert" comes great responsibility to get our facts right, be it for other Rainers or for the consumer. 

If we're off with our facts, consumers are going to notice.  For instance that HOA fee being no longer current?  I got a call from a resident in that subdivision to let us know.  Older posts that tout new construction in a subdivision that has now finished all new construction?  Another case where a FACT became outdated.

Our credibility rests on the ability to accurately obtain and present facts.  There's little opportunity to put the horse back in the barn once out.

And as far as opinions?  That's a minefield in itself if you dare to venture into politics or whether some quarterback in San Francisco should stand up or stay seated during the national anthem.

Me personally, I'm going to stay focused on posts that attract business and not drive it away.  

And as readers, we have to operate under "Trust but verify" principles.  What might be factually accurate in one area of the country may be TOTALLY wrong for our area of the country.  Or the author may have a fundamental flaw in their facts that leads us down the wrong path if we just accept what we're told. 

Just remember what Abraham Lincoln said "Everything on the Internet is true!"

Until next Tuesday, just Ask An Ambassador if you need help!

Liz and Bill aka BLiz

 

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Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of Transaction Alliance
Elizabeth Spear, ABR, Ohio License SAL.2002007747

William (Bill) Spear, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO
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Liz Direct: 513-265-3004     
Fax: 866-302-8418

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Comments(37)

Karen Feltman
Cedar Rapids/Iowa City, IA KW Legacy Group - Cedar Rapids, IA
Relocation Specialist in Cedar Rapids, Iowa

It is a good idea to put a disclaimer at the bottom of each blog post....much like the MLS states that information is deemed reliable but not guaranteed.  In this case, perhaps a more blanket disclaimer notice that time may effect some of the pricing and information stated.  It is accurate and true on the date that it was written, not necessarily 3 years later.  Great post and something to think about!

Aug 30, 2016 08:44 AM
David Alan Baker | Laveen & South Phoenix Realtor
Keller Williams Realty Phoenix - Laveen, AZ
Your local Expert

Hmmm, outdated indeed.  So does one go back and continually review and update posts to be accurate?  Luckily there dated, right?

Aug 30, 2016 09:33 AM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

I had not really thought about this, but you raise an important point.  We should be clear that the post is as of a certain date... or update the post.  

Aug 30, 2016 12:00 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Liz and Bill

The real estate business is a business of facts.

Good luck and success.

Lou Ludwig

Aug 30, 2016 12:45 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Liz and Bill

Congratulations on the feature for an outstanding post.

Good luck and success.

Lou Ludwig

Aug 30, 2016 12:46 PM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Liz and Bill Spear - the only thing constant is change!

And indeed "There's little opportunity to put the horse back in the barn once out."

Aug 30, 2016 02:26 PM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Yes, when we include information such as fees, we should also include a date (effective as of xx/xx/xx). 

And yes, if we get the facts wrong, we can be assured that someone will notice!

Aug 30, 2016 08:26 PM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Karen, It can't hurt can it?

David, For me the "disposable" posts  (local events), I'm not going back to.  But posts I want to maintain traffic to I need to either write to make sure updates won't be needed, or periodically revisit and update.

Joan, It avoids some unneccesary phone calls.

Lou, We are fact driven, but a buyer's opinion can kill a deal.

Praful, There's no way to retrieve and update everyone who read wrong information.

Kat, And sometimes they'll call to help.  Yesterday we had someone I assume lives in a subdivision to let us know that they hosted Homerama in 2003 AND 2006.  We had 2006 only.  We updated and thanked them for the info.

Aug 31, 2016 04:38 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Every deal is different offering its own facts & quirks. Let them all come out

Aug 31, 2016 06:00 AM
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Great distinctions! It's too bad opinions and wishful thinking are all too often presented as facts (e.g. "well, this COULD be considered a bedroom").

Aug 31, 2016 07:45 AM
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

We are here to serve all--

Aug 31, 2016 08:21 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

I've found it a good practice to not talk about things that I know will become outdated.  I learned that lesson with school districts. 

Aug 31, 2016 08:38 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Richie, Hopefully they get out and we don't get blindsided later.

Olga, The deceptive advertising ones are the ones that irk me, and typically the buyers too.

Harry, Or at least most :)

Chris Ann, I try to write more topics now that I know will have staying power to attract business.

Aug 31, 2016 08:54 AM
Melissa Spittel
Coldwell Banker Residential Brokerage - Westminster, MD
"Achieving Results Together "

You made a great point that I had not thought about....posting facts that become outdated. Another lesson learned on Active Rain!

Aug 31, 2016 10:05 AM
John Wiley
Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

After reading your post I am thinking the easiest thing for me to do is delete all my past Market reports from AR.

Aug 31, 2016 01:07 PM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Melissa, There's always great stuff in the Rain!

John, I wouldn't do that.  Market reports are meant to be time based, so they're expected to go out of date.  Meanwhile they're gaining you SEO, so best to leave them in place.

Aug 31, 2016 09:09 PM
Dana Voelzke
loanDepot (203) 733-9408 - Bethel, CT
Loan Officer/ First time home buyer specialist

The facts are important. Surprising how often we see data inaccuracies, from mailing addresses, home square footage, to important information that is ommitted. I agree that being a professional means having better research and better information.

Sep 01, 2016 02:43 AM
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Great post!  I agree with every point.  I include a month and year in a title when appropriate.  I find it frustrating to do a search and pull up old info.

Sep 05, 2016 02:06 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Dana, Too often MLS info is inaccurate.  A real shame for the sellers because it can make their home totally invisible to buyers.

Sharon, Old info is certainly out there, although I sometimes find even with clear dates people still call off of old posts.

Sep 05, 2016 08:56 PM
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Assistant

We really do need to double check our facts. Just because it's in "writing" doesn't make it so.

Sep 07, 2016 02:33 PM