Are your listings being hijacked on Ebay?

By
Real Estate Broker/Owner with Signature Real Estate TREC# 516948

About a week ago, I got a call from a prospective buyer that was feverishly interested in one of our listings in the Heights District. He wanted to see it IMMEDIATELY as he might want to write up an offer TODAY.

Great!

But first he wanted to make sure that what he had seen was correct. A 2500 Sq Ft home in the Heights for just $100,000? When he first saw that, he knew he had to have it. There was only one issue: The listing price is $365,000. Hence his excitement! He then proceeded to tell me he had seen it on EBay. Which is funny, since we never have put our listings there. After I left him feeling crushed, I head on over to Ebay and I see this:

Infuriated, I contacted "the Seller" and demanded that the listing be pulled immediately. To my surprise, I noticed that Ebay has no easy way to report fraudulent or incorrect listings.

So what does it matter that someone has listed the home on Ebay? What if someone bids on the property and this person collects a deposit (a la earnest money deposit) from an unsuspecting buyer looking for a great deal?

My recommendation: Head over to Ebay right now, go to their real estate section and see if some Bozo is messing with your listings and putting fraudulent and misleading information out there.

Comments (5)

Victoria Carter Guaranteed Services
TwoMoveYou Guaranteed Real Estate Brokered by Century 21 Percy Fulton Ltd., Brokerage - Brighton, ON
TwoMoveYou

OMG

I had no idea that something like that would even happen!

I guess people will do all kinds of things out there.  I only wish that the average person would be more careful and not believe everything they see.

Thank you for the eye-opener. 

Feb 01, 2009 07:01 AM
Lance Sonka
New Home Marketing - Huffman, TX

Hi Erion, sorry to hear about your misfortune on ebay, here is a link whereby you can report it:

http://crs.ebay.com/aw-cgi/ebayisapi.dll?crsstartpage

 

Feb 01, 2009 01:46 PM
Shuki Haiminis
Lofts.com - Boston, MA

Erion,

Wow think of all the potential messes that are out there. Thanks for letting us know about this.

Feb 02, 2009 10:31 PM
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Why would someone do this? My understanding is that ebay charges for listings of homes so if someone is not authorized to list/sell the home what would their motivation be?  Weird.

Feb 08, 2009 12:08 PM
Erion Shehaj
Signature Real Estate - Houston, TX
Houston Real Estate Broker

After contacting the author of the ad, it turns out he did pay the listing fee of $300 to Ebay. His strategy was to post a too good to be true deal and hopefully pull a lot of calls with that. He would then tell them the home was sold but he could arrange financing for them for any other homes they would buy. Classic Bait and Switch.

Feb 08, 2009 01:48 PM