Yahoo! Real Estate proved that ForeclosureNet.net had 40% more listings than RealtyTrac. T or F?

Question

http://www.foreclosurenet.net/partner.asp claims "A recent study commissioned by Yahoo! Real Estate proved that ForeclosureNet.net had 27% more listings than ForeclosureFreeSearch, 40% more listings than RealtyTrac and 44% more listings than Ushud." I can not find this study. Can anyone? Thanx

My Bad - the real Q is which site has the most valid listings. Having failed to find a good A was researching several including realtyttrac.com, foreclosurenet.net, Foreclosures.com, foreclosure.com, bankhouses.com, PropertyShark.com, and freeforeclosuredatabase.com, when I came across the subject assertion and wanted to read the study myself to draw my own conclusions. So can anyone find it? Is foreclosurenet.net blowing smoke?

Alternatively, can anyone point me to a reliable review of these sites? Thanx!

Answer 1

My name is Todd and I am the author of the study.

First and foremost, it is outdated. The page needs to either be removed or updated.

At the time of the study, all information was factual.

The study was conducted by taking the first county (in alpha
order) of every state (in alpha order).

We counted the number of listings for each of the service providers mentioned. That was basically it. Rather than choosing random counties or throwing darts at maps, we simply took the first county in every state and quantified the listings. It was presented to Yahoo! Real Estate that way.. and they agreed to the methodology.

Next, and quite secondarily, we calculated the average number of days the properties (from each provider) were
displayed on each site. This information came from the sites
themselves. We compared those numbers to how we
handled data at that time (keeping properties displayed for
only 45 days and then removing them from the database
whether they were sold or not.) One of our value propositions
was always that we may not have as many properties as the
next service, but we always enjoyed a higher availability rate.
In other words, a higher percentage of the properties we
listed were actually available for sale.

This whole study was initiated based on the number of
complaints consumers had (and apparently still have) about
the number of sold properties on RealtyTrac's website. At
one point, we calculated that the average property listing on
RT's sites was over 9 months old. This pertains to post
foreclosed properties only... and it was only post foreclosed
properties we compared for the study.

Hope that answers your questions.

Answer 2

So what. even if this was true they have to be valid to be of any good. Most sites keep listings well after they are sold. They figure that the more you have on the list, the more visitors they will have. I believe it is deceptive advertising. A site isn't worth anything unless it provides something you can actually use and benefit from.

Answer 3

i guess so , its must have real information not sold out properties .. visitors are looking for real data and for real people to focus and give what the visitors wants to get