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My House?A foreclosure? Part 1

By
Real Estate Agent with Sibcy Cline Realtors

Friday night, I was on a popular real-estate website reviewing the homes for sale in my area. I scrolled through the listings and saw information for the two foreclosures in my own neighborhood, so I decided to take a closer look. To my absolute shock, there was an aerial photo of my home instead of the photo of the actual foreclosure.

To make matters worse, I just had a contractor at  my home last week to re-finish my deck before winter hits. His sign, which could be mistaken for a sign for a small real estate company, is sitting in my front yard (complete with an info. box which contains his business flyers).  Since the web site feeds from another site where one has to pay to get actual addresses, people only have the street name and photo for reference unless they pay for the service from the foreclosure web site.

When I tried to send an e-mail to contact someone from the foreclosure site, I was not allowed to send an e-mail without creating an account on the website. Needless to say, I plan to make a phone call to the customer service department at the site first thing tomorrow morning.

 

This company is fortunate that I am a Realtor and I understand that these things can happen. Will it hurt my standing in my neighborhood? That remains to be seen. Will I get some buyers from it? Maybe I will. I will let all of you know what happens.

 

Consumers and agents alike: if this can happen once, it can happen again. It might be a good idea to check major web sites and do a street search to make sure that your listings and homes are not showing up as photos for a foreclosure. I never dreamed that this would happen, but evidently, it can.

Thesa Chambers
West + Main - Bend, OR
Principal Broker - Licensed in Oregon

Wow - this could be a law suit waiting to happen - they are obtaining their info from somewhere -

Nov 09, 2008 08:19 AM
Connie Betz
Berkshire Hathaway HomeServices Ambassador Real Estate - Omaha, NE
Top Omaha Realtor - Omaha Homes for Sale

Not good. I hope you'e able to get this fixed immediately.  How about turning it around and putting a sign in your yard offering free neighborhood foreclosure lists with your contact information?  Might be a good way to get business.

Nov 09, 2008 08:50 AM
Dawn Isenhower
Sibcy Cline Realtors - Milford, OH

Thesa,

That is exactly how my husband feels about it too. I sent the listing to my office manager and another agent in my office, and then copied myself in those e-mails. I have my proof, but I will see how this company handles it first. Thanks for your comment.

Nov 09, 2008 09:18 AM
Dawn Isenhower
Sibcy Cline Realtors - Milford, OH

Connie,

I will begin the process in the morning. This is a pretty well-known forclosure site, so hopefully they will correct it quickly. I keep wondering how I can turn the situation around to get more business instead of being damaged from it. Thanks for the suggestion!

Nov 09, 2008 09:21 AM