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apt, taken off the market, still on streeteasy!

Started by stakan
over 17 years ago
Posts: 319
Member since: Apr 2008
Discussion about
My colleague took her apartment off the market, and her broker did, too. The apartment is till on the streeteasy. That's how the numbers (dear to bears' herats) get distorted.
Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

lmao.

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Response by stakan
over 17 years ago
Posts: 319
Member since: Apr 2008
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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

I don't doubt it's true. LMAO = That's how the numbers (dear to bears' herats) get distorted.

LMAO.

There is a lag between the time you do something on your website and streeteasy updates its records. The opposite is, therefore, also true: there are new listings that haven't made it onto streeteasy yet.

You are honestly trying to get people to believe that the run up in inventories is entirely due to the fact that you and your colleague took 2 apartments off the market & they aren't reflected as such on streeteasy?

Inventory at the end of December was about 5,100. Today:

Sales in Manhattan
We found 8,307 listings
Median price: $1,245,000 Median size: 1,134 ft² Median price per ft²: $1,167

So, by your logic, there actually weren't any apartments on the market in December, and an additional 3,207 apartments that weren't ever on the market have also been taken off the market, meaning nothing is for sale right now.

I mean, if there are 8,307 listings and there were 5,100, it means that more apartments have been taken off the market than were ever really there.

LMAO.

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Response by stakan
over 17 years ago
Posts: 319
Member since: Apr 2008

steve, what will make you stop taking up and wasting space? You're a joke already, and not a good or funny one.

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Response by stakan
over 17 years ago
Posts: 319
Member since: Apr 2008

The point is, the properties seem never to be deleted from streeteasy once they get on the site. Streeteasy, are you there?

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Response by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008

LMAO.

http://www.streeteasy.com/nyc/sale/167077-condo-99-jane-street-west-village-manhattan

There's a time lag - it's not real time.

"what will make you stop taking up and wasting space?"

When real estate agents become honest.

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Response by gutter86
over 17 years ago
Posts: 74
Member since: Mar 2008

well then enjoy a life of taking up and wasting space.....which only seems appropriate given that is what the majority of the agents do anyway.

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Response by StreetEasySupport
over 17 years ago
Posts: 300
Member since: Jan 2006

Thanks for pointing it out. We checked and we had a problem with that feed so it didn't update status for a few listings.

"Properties never seem to be deleted". Hmmm. We update the status of every listing every day, with hundred of changes per day. Unless we're having a technical problem, listing status is accurate. We're not suggesting that we don't have any issues, in fact we're always changing the site, adding data and features, so we're bound to have issues. We check in the information we get from others in many different ways: sanity, quality, cross-references and historical behavior, because it's very important (to us) that the info you see is accurate. We're constantly improving that, and if you've used the site for long, then those improvements are evident. There's always more to do, and we're working on several features that will result in even more accurate portrayal of certain types of listings, but we're confident that today, our data is more accurate than anyone else.

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Response by West81st
over 17 years ago
Posts: 5564
Member since: Jan 2008

Streeteasy: Here's one to investigate from the Elliman feed:

http://www.streeteasy.com/nyc/sale/89657-coop-473-west-end-avenue-upper-west-side-new-york

Elliman lost that listing to BHS a few weeks ago, and it's gone from the Elliman site. StreetEasy shows both litings, so the apartment is probably double-counted in inventory.

I haven't noticed a pervasive problem. For the most part, the updates seem to be very prompt. Keep up the good work!

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Response by stakan
over 17 years ago
Posts: 319
Member since: Apr 2008

Streeteasy, thank you for addressing the problem.
I checked the listing for the place I bought recently, and it looks like it's been on the market, before I bought it, for almost 1.5 years. While in reality, the original owner died five days after putting it up for sale, then it was taken off the market (off the broker's site, too!) but remained in "on the market for 487 days" department, and the days kept accumulating.
I think that with the right (or wrong) manipulative approach by either the buying or selling part, a property like that can be presumed damaged somehow. I asked a few people to check their apartments, and 4 of them saw the same problem.

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Response by StreetEasySupport
over 17 years ago
Posts: 300
Member since: Jan 2006

We record every listing every day. Send us the links or the addresses and we'll figure out exactly what is happening. Thanks!

support@streeteasy.com

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