“.....even IF the real estate sector recovers. “.So it may never recover? You’re not exactly a ‘glass is half full’ kind of guy, are you, Seth?
Online, you can browse a Google-style map with pins on houses, each with a thumbnail photo, filtered for exactly the price range and features you want. Click on the thumbnail to go to the listng and watch a 360 video of the home’s interior.
Why would anyone use the newspaper?
Like AM radio, papers will just have to find something else to be.
The online real estate listings around here are so far superior to anything a newspaper can do, it is hard to believe there are ANY ads in the papers.
In an hour, I can look at color pics of the outside and inside of dozens of houses. I can select/sort them by price, acreage, square footage, number of bedrooms and baths, length of time for sale, etc. I can also look at satellite shots of the property and the neighborhood. This allows me to immediately narrow the list of available properties to what I am looking for. Never have to get out of my ‘pajamas.’ And, if I want to be nosy and look at the inside and yards of the multi-million dollar mansions along the lake, no problem.
Newspapers? No way.
With the MLS listings why would anyone refer to a newspaper for buying a home? Granted, there are many FSBO sites but if using a realtor, any real estate website will give you all you need, and more.
Craigslist.org rocks! Last week I posted a car for sale and had 10 buyers lined up in 12 hours. Sold it the next day.
Yesterday I paid $100 for a set $500 tires/w stock rims off wrecked SUV a guy was parting out on Craigslist. The tires have at least 75%-80% tread left.
Early in the morning on my way to get the tires I stopped at two yard sales that were posted on Craigslist. Both sales said they had outdoor gear for sale. I found a backpacking stove and Coleman lantern for $6, probably $100 new. Also bought a never been opened, Radio Shack radar detector for $10.
I love that site!
bummer....the left is losing a funding source for its propaganda.
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OTOH, sometimes you find the hidden gems in the community newspapers.
Check out loopnet.com for commercial.
Why would anyone advertise property in the paper when the internet allows you to use things like 360 deg photography?
Everyone looks at ads for property on the internet
That said, when we sell our house, all the advertising will be online. We don't plan to put anything in the newspaper at all. If we decide to go with something like Isoldmyhouse.com, they will put the info in one of their flyers, but the rest of it will be online. We'll create a webpage for the house showing pictures, etc. so that folks can get a good idea about the place before they ever set foot in the door. That will also make the info available to out of town buyers when they're looking online for homes in the area.
That's how I'm scoping out houses in the areas we're considering when we move.
Its PCS (Permanent Change of Station) season in our neighborhood and homes are selling in about 3 days after listing. We dont have a housing slump here. With the reorganization of our local Fighter Wing builders are actually starting two new developments. What housing slump? Then again single family homes are still affordable in most communities in Idaho except for Sun Valley and the Boise area do to the Californian invasion.
But what's worrying analysts this time around is that real estate could become the next category of classified advertising - after help-wanted ads - to mark a significant and permanent shift away onto the Internet.
As noted earlier, Realogy's move to the Inet will impact both McClatchy and the New York Times.
Richard A. Smith, president of Realogy Corp., dropped a bomb on the newspaper industry this week when he told Bloomberg News that the Coldwell Banker and Century 21 branding budgets for newspapers will shrink by as much as two-thirds next year from 2006.
The company intends to slash its newspaper advertising budget to 70 percent of its home-sale ad spend by 2010, down from 84 percent this year, Bloomberg reported, as it shifts more ad dollars online.
Realogy is the largest real estate brokerage company and franchisor ...
newspapers have been rip offs for years for classfied ads... $70 to $150 a week to run a classified add... crazy.. Craiglist and other free sites are cheaper and more effective... Newspapers haven’t realized what they provide on those classified pages are not cost effective... they refuse to review and modify their model so they continue to bleed money