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Urbandigs is showing 1931 new listings yesterday.

Started by Topper
over 16 years ago
Posts: 1335
Member since: May 2008
Discussion about
Is this possible?
Response by urbandigs
over 16 years ago
Posts: 3629
Member since: Jan 2006

has to be a bug...will contact SE team

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Response by aboutready
over 16 years ago
Posts: 16354
Member since: Oct 2007

It appears as though elliman relisted their listings, and without apartment numbers. a cursory review indicates that they did not remove the old listings (which often have apartment numbers). duplicates. assholes.

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Response by patient09
over 16 years ago
Posts: 1571
Member since: Nov 2008

No, SE just called me, they are all new listings. Capitulation is beginning!

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Response by mmarquez110
over 16 years ago
Posts: 405
Member since: May 2009

i just saw a bunch of those re-listed elliman apartments. Clearly an intent to whitewash the apartment sales history. Streeteasy should kick them to the curb, although they're probably like 30% of the listings.

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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008

The relistings by Elliman include at least one that closed in July, as "already in contract."

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Response by Topper
over 16 years ago
Posts: 1335
Member since: May 2008

If true, that would be a truly mindboogling number that would suggest a tidal wave of listings for September as a whole.

We (wannabe owners) can only hope.

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Response by samadams
over 16 years ago
Posts: 592
Member since: Jul 2009

No offense to Streeteasy and Noah but those numbers have been gamed for months now. Did you guys really think that Manhattan has been absorbing 1000 units a month for the past 3 months through delistings? All that while it has become harder to get a jumbo and high paying jobs in the city are being shed and all the new construction coming online? Come on now!

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Response by malthus
over 16 years ago
Posts: 1333
Member since: Feb 2009

I would be pissed if I was newly listing my place today and it was buried in the Elliman shitstorm of relistings. I also think you have to assume going forward that any Elliman listing is a repackaged place that has been on the market for several months.

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Response by urbandigs
over 16 years ago
Posts: 3629
Member since: Jan 2006

no offense taken.

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Response by AvUWS
over 16 years ago
Posts: 839
Member since: Mar 2008

I don't think there CAN be 1900 new listings in a day. One other thing that is different about this type of business from a "trading" environment is that there are capacity issues. I think it simply isn't possible for the brokerages to process that many listings in one day.

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Response by urbandigs
over 16 years ago
Posts: 3629
Member since: Jan 2006

the only thing it could be is an expansion of coverage somehow, in which case it wouldnt be 1900 anyway, maybe more like 200 or so. That has happened before. This is likely a listing glitch that is counting duplicates. It will be fixed.

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Response by joedavis
over 16 years ago
Posts: 703
Member since: Aug 2007

no it is not expansion of coverage -- they have just relisted all their listings w/o apt #s and agent information -- more likely they changed the format of the info and SE is not picking up all the fields properly

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Response by samadams
over 16 years ago
Posts: 592
Member since: Jul 2009

its being gamed!

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Response by dragonfly
over 16 years ago
Posts: 59
Member since: Aug 2009

I've been re-searching the site for two days & all I've found are the re-listings without the apartment numbers. It's really annoying. If there is anything actually new it is definitely buried. I too would be pissed if I was a newly listed seller.

So many freaking games! I just want to buy an apartment. The one I WANT, not the one the broker is most desperate to sell me.

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Response by harman_kardon
over 16 years ago
Posts: 5
Member since: Aug 2009

This is really annoying cos its screwing up all my saved searches - these relisted apartments with no #'s are coming up as new listed apts in the areas I'm looking in so I keep getting email notifiers. Especially when they're listing apartments that are in contract - I guess they're trying to mask sale prices or something like that - Do they think we're all stupid? Streeteasy should have safeguards against this kind of bullshit - I'm thinking about cancelling my subscription

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Response by buddhahat
over 16 years ago
Posts: 30
Member since: Aug 2009

I've started a thread in "anything" about requesting features on SE but one that I would like is to be able to exclude entire buildings from my searches. The current Elliman swamping of SE with all these dupped listings just feeds the need to be able to filter unwanted buildings.

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Response by malthus
over 16 years ago
Posts: 1333
Member since: Feb 2009

Interesting that (a) a brokerage house makes a transparent effort to screw up a system that distributes information and therefore threatens their business model.

THEN (b) the next day, a first time poster comes on and blames streeteasy and says he is going to cancel his account to streeteasy, which if followed as advice would benefit who? The brokerage house mucking things up.

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Response by Ubottom
over 16 years ago
Posts: 740
Member since: Apr 2009

the poster is trying to impress upon streeteasy that shit like this will cause paying subscribers to leave--perhaps to inspire streeteasy to rein in the gaming brokerage firm

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Response by buddhahat
over 16 years ago
Posts: 30
Member since: Aug 2009

>the poster is trying to impress upon streeteasy that shit like this will cause paying subscribers to >leave--perhaps to inspire streeteasy to rein in the gaming brokerage firm

bingo. I don't see any conspiracy at work here on the part of the "first time poster". The flood of dupes *is* super annoying and SE needs to fix the problem.

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Response by NWT
over 16 years ago
Posts: 6643
Member since: Sep 2008

Looks as if it's a screwup at Elliman's end. On their site they're showing an apartment that closed in July as "In Contract", while a few weeks ago they showed it as "Sold."

Conspiracy theories *are* more fun, though.

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Response by truthskr10
over 16 years ago
Posts: 4088
Member since: Jul 2009

2 apt listings on corcoran I posted on another thread yesterday are listed as "new this week" on their site;

corc
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1534400

streetez
http://www.streeteasy.com/nyc/sale/404501-condo-224-west-18th-street-chelsea-new-york

StreetEasy History
04/15/2009Listed in StreetEasy by Corcoran at $1,980,000.
07/08/2009Price decreased by 4% to $1,895,000.
08/26/2009Listing is no longer available.

StreetEasy History
10/17/2008Previously Listed in StreetEasy by Brown Harris Stevens at $2,395,000.
04/14/2009Brown Harris Stevens Listing is no longer available. Last priced at $2,195,000.
06/11/2009Listed in StreetEasy by Corcoran at $1,950,000.
08/26/2009Listing is no longer available

who are they foolin?

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Response by truthskr10
over 16 years ago
Posts: 4088
Member since: Jul 2009
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Response by JuiceMan
over 16 years ago
Posts: 3578
Member since: Aug 2007

"who are they foolin?"

This must be shadow inventory.

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Response by samadams
over 16 years ago
Posts: 592
Member since: Jul 2009

easier to game then S and P futures

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Response by manhattanfox
over 16 years ago
Posts: 1275
Member since: Sep 2007

PE has made a gross mistake. When a building shows a flood of listings it is going to reduce demand.

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Response by harman_kardon
over 16 years ago
Posts: 5
Member since: Aug 2009

Hey I guess now I'm upgraded to 2nd time poster! Yes - I'm just trying to impress that this annoying problem needs to be fixed - otherwise this site is just going to become a waste of everyone's time.

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Response by truthskr10
over 16 years ago
Posts: 4088
Member since: Jul 2009

No the shadows lay on the west side. Those 50 some odd buildings along the high line waiting for 2012.

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Response by Topper
over 16 years ago
Posts: 1335
Member since: May 2008

What happens in 2012, truthskr10?

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Response by truthskr10
over 16 years ago
Posts: 4088
Member since: Jul 2009

Galactic skyscraper alignement?

I think Nostradamus said;

The new city contemplating a condemnation,
As the bears devour the bulls.
But a new dawn arises,
As the projects sink below the ground.

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Response by divvie
over 16 years ago
Posts: 456
Member since: Mar 2007

harman_kardon - this kind of thing has happened before and SE has fixed it.
I have emailed them (much better than complaining on their message board which they don't seem to actively monitor) before about mistakes and they fix them quickly.

I suspect that something like this is not going to be a quick fix but I am sure they will find a fix.
New issues like this will come up and they will be fixed as they have been in the past.

That has been my experience with SE so this may help you get some perspective and background.

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Response by lo888
over 16 years ago
Posts: 566
Member since: Jul 2008

I just got flooded with listings too. Trying to schedule an open house for this weekend and wondering if we should ask the broker to put the info up tomorrow instead so it doesn't get lost in the shuffle.

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Response by buddhahat
over 16 years ago
Posts: 30
Member since: Aug 2009

looks like SE fixed the problem.

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Response by manhattanfox
over 16 years ago
Posts: 1275
Member since: Sep 2007

yes -- problem fixed -- ty streeteasy

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Response by divvie
over 16 years ago
Posts: 456
Member since: Mar 2007

Told ya

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Response by aboutready
over 16 years ago
Posts: 16354
Member since: Oct 2007

divvie, my confrontational self would still like to know why it occurred. and only on SE and not the NYTimes. Elliman has been the worst, in my opinion.

and yes, thank you very much SE, for fixing it and so quickly. this is, after all, elliman's super open house weekend. wouldn't want to make it harder for people to find new listings and create accurate open house lists.

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Response by divvie
over 16 years ago
Posts: 456
Member since: Mar 2007

Well I think we all know that SE uses rules to try and match new apts that are not listed with all details with those that were listed before with more details. Whatever Elliman did managed to get around those rules so SE either tightened them up or Elliman corrected their database. I'll leave it to others who follow more closely to explain to us whether Elliman did correct or not.

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Response by Eurocash
over 16 years ago
Posts: 124
Member since: Aug 2008

Yes, but the question remains... is inventory really that much bigger now?? on urbandigs we still see >1900 new listings compared to yesterday? error or truth???????

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Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9882
Member since: Mar 2009

Yes it's the truth: there were 1,931 new listings and only 25 contracts signed. The sky IS falling.

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Response by w67thstreet
over 16 years ago
Posts: 9003
Member since: Dec 2008

I know you are being sarcastic, but to alot alot alot of nycers, the sky is indeed falling. Anyone who felt 'wealthy' through their abode's appreciation and didn't save for 10 years bf their retirement good luck and get used to catz food. The liver one is tastiest.

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Response by Topper
over 16 years ago
Posts: 1335
Member since: May 2008

Alas, the Urbandigs numbers still look screwy today.

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Response by urbandigs
over 16 years ago
Posts: 3629
Member since: Jan 2006

it was an error on SE end that was fixed.

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Response by nyc10022
over 16 years ago
Posts: 9868
Member since: Aug 2008

Noah, I get that SE was fixed, but does this mean your chart is accurate...?

http://www.urbandigs.com/charts.html

Quite the hockey stick...

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Response by OTNYC
over 16 years ago
Posts: 547
Member since: Feb 2009

Looks like Noah will need to go in and manually back out the bad data point from yesterday. Total inventory number seems to be showing correctly.

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Response by urbandigs
over 16 years ago
Posts: 3629
Member since: Jan 2006

no, will have to have my guy fix that like OTNYC mentions

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Response by divvie
over 16 years ago
Posts: 456
Member since: Mar 2007

Quite the broken hockey stick...

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Response by nyc10022
over 16 years ago
Posts: 9868
Member since: Aug 2008

hockey stick or not, inventory is up....

Listings count up nearly 100 since last week, and almost that since 30 days back...

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Response by divvie
over 16 years ago
Posts: 456
Member since: Mar 2007

Not disputing that.
You're the only one allowed to make trite comments?

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Response by nyc10022
over 16 years ago
Posts: 9868
Member since: Aug 2008

huh? You're complaining about me commenting on the numbers?

btw, we're up again since that post.

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