Thursday, September 28, 2006

The Beauty of Craigslist

Who would of thought that an unattractive website that has categories like "Casual Encounters" and "Men seeking Men" would have such an incredible impact on the real estate market. Craigslist, a city by city directory founded by San Francisco's Craig Newmark is changing how people shop for homes.

Basically the concept is this: Why pay $30-$300 to have your home advertised in the Seattle Times or Tacoma News Tribune, when you can post it on Craigslist for free and get a much better response. There are no restrictions on who can post either. For Sale by Owners are posted right along side John L Scott and Windermere listings... who would have thought!

And its effective, oh boy is it effective. I have closed 13 deals since March, 2006 - 3 of those have been from people that either found me or my listings on Craigslist! Bye Bye Tacoma News Tribune... Move over Real Estate Magazines... Ta Ta Seattle Times... Craig is in town, and he's my friend.

BTW: One concern I do have about Craigslist is this: Craigslist is free in Seattle - Tacoma, however apparently it is pay to play in San Francisco and other areas, I have a feeling Seattle will be paying up soon too.


Anonymous said...

thanks! and we charge mostly for help wanted ads in a few cities, several more in future, and for apartment rental listings in NYC.

we'll remain a nearly completely free site.


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