Iggys House Disrupts Real Estate Industry by Offering Sellers Free MLS Listings

Iggys House, Inc., parent company of BuySide Realty, today announced the launch of www.IggysHouse.com, a new service that will revolutionize the real estate industry.
CHICAGO (BusinessWire EON) March 22, 2007 -- First to Offer Free MLS Listings on Nationwide Scale

Iggys House is launching the first free MLS listing service today in 20 states representing 65% of the U.S. existing home market. Within the next few months, it will roll out this service to a total of 37 states, representing 84% of this market, before going national by the end of the year.

"This will send shock waves through the industry," said Joseph J. Fox, CEO of Iggys House, Inc. "There is a lot of money at stake - about $65 billion annually in real estate commissions. This new model will have an immediate impact on the status quo."
MLS is the most important channel sellers can use to attract potential buyers. More than 70% of all homes are sold through the MLS. MLS listings also cause homes to appear on leading real estate websites like Realtor.com. Iggys House provides sellers with access to both marketing channels for free.
"Our service is totally free, and there is absolutely no catch," Fox added. "This is the real McCoy."
Immediate Impact on Consumers
"People wonder why the Internet has not had a greater financial impact on the real estate industry," Fox said. "The reason is that the underlying model is rigged to benefit agents. The primary function of most real estate web sites in existence today is to drive consumers towards those agents. No other website empowers consumers more than Iggys House."
"By breaking open the MLS we are providing over $500 million worth of services for free to millions of home buyers each year," said Fox. "For the 1.1 million people who try to 'sell by owner', we provide incredible exposure to millions of buyers via the MLS. For the over 400,000 sellers who pay a fee to be MLS-listed, we now offer it for free. Why would anyone ever 'sell by owner' again, when they can 'sell by Iggy'?"

Restrictions on For Sale Signs?

Anonymous has left a new comment on your post "Water Shut Off Monday March 19th":

Restrictions on For Sale signs

Isn't there a size restriction on For Sale signs out by the front gate? It looks tacky enough always having at least 3 or 4 of them out there, but then when these giant wood ones are popping up it looks really bad and it blocks drivers' view of southbound traffic on Associated.

It seems like having that many signs out front would hurt people who are trying to sell their units anyway. It looks like the whole neighborhood is for sale and a buyer can shop around and if they don't like your unit, they can just buy your neighbor's.

Water Shut Off Monday March 19th

Signs at the mail boxes show water shut off today for units 49 -136 from 8:30am til Noon.

Direct TV Anyone?

I was wondering if anyone here has Direct TV? I currently have time warner cable and I am thinking of switching to Direct TV because of the MLB extra innings package and NFL sunday pass. They are the only company to have a contract with them. My question is if you do have it, did you need to arange it with the HOA first or did you just call the company and subscribe and let them deal with it. Any help would be great. #125

O.C. home prices decline

The median falls 0.4% from a year earlier -- its first such drop since '96. The region's sale volume hits a decade low. By Annette Haddad, Times Staff Writer
10:36 PM PDT, March 14, 2007
Orange County last month posted its first year-over-year decline in median home price in more than a decade, another sign of the widening reach of Southern California's housing slowdown, data released Wednesday showed.
Orange County's 0.4% drop put it alongside San Diego and Ventura counties in recording price declines, while Riverside County managed no price gain for the first time in a decade, according to DataQuick Information Systems, a La Jolla-based research firm.
However, the median price for all six Southland counties still rose to another record, thanks to gains in Los Angeles and San Bernardino counties.
"February's record Southland median is another indication the housing market, although certainly weaker than last year, is hardly down for the count, as some would suggest," DataQuick President Marshall Prentice said.
The decline in Orange County's median was not unexpected. Since October, the median price of resale homes — the largest housing segment there — had been declining, DataQuick analyst Andrew LePage said. The overall median stayed positive because of price growth in new homes.
"What's surprising is how long it took Orange County's all-home median to go negative," he said. "It was only a matter of time."
The year-over-year decline in Orange County, the region's most expensive home market, was its first since November 1996, according to DataQuick. The median fell to $620,000 as sales dropped 16.4%.

Laundry Room Door

I can't start a new blog. However, I wanted to see if anyone else has sent in a communication form for the laundry room door. The door that faces the mail boxes never locks. It seems that the door does not fit the frame. There was already one incident of a man stealing a womans clothes, and now I am noticing some of our clothes missing. I will send another communication form, but I was just curious if anyone else has done so. I hope everyone had a great weekend!

ProServe Water Shut Off Notice for Sat 3/10

I only see the signs posted on some units but they read "Attention All Residents". Water will be shut off on Saturday 3/10/07 from 9am to 11am. Chris at ProServe reports that the 3 buildings affected are #3054, #3046 and #3062. To bad ProServe and our leadership don't utilize the blog. I have friends who've been sited for towels hanging over their gate which can not be as unsightly as the paper and blue tape now on display around the complex. Your Blogger

New Dues Payment?

Based on the way the first bill came from the new management company, it was due on March 1st for the month of March, yet I still had a balance due w/ diversified at the end of February as well. Has anyone else experienced this? Was diversified billing for the prior month while the new mgmt. company is billing for the month in advance?
Greg, unit 86