Comments on: The Luxury of…Privacy https://www.luxuryhomedigest.com/2012/10/31/the-luxury-of-privacy/ Luxury Homes, Lifestyle and Travel Tue, 07 May 2013 03:31:09 +0000 hourly 1 By: Roberta Murphy https://www.luxuryhomedigest.com/2012/10/31/the-luxury-of-privacy/#comment-4330 Mon, 08 Apr 2013 18:13:28 +0000 http://www.luxuryhomedigest.com/?p=1007#comment-4330 In reply to Steve Cochran.

Steve, the simple words, “You are not alone,” have helped more than one of our distressed homeowners cope with foreclosures, short sales–and with the shared stresses of loan modifications.Still, there is deep shame for so many who have to go through these ordeals.

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By: Steve Cochran https://www.luxuryhomedigest.com/2012/10/31/the-luxury-of-privacy/#comment-4329 Mon, 08 Apr 2013 16:47:45 +0000 http://www.luxuryhomedigest.com/?p=1007#comment-4329 Hi Roberta. When I saw your title I thought yeah the occasional seller just doesn’t want to have people walking through their home…we all have those sellers. But like Tni mentioned with all the ways to communicate coupled with the VERY unusual position we’re in with real estate today (foreclosures, short sales, modifications) privacy becomes a much desired thing, especially being almost impossible. I sold foreclosures for many lenders (chase, WaMu, Deutsche Bank, Wells) at the beginning of the mortgage crisis and was the person that had to let the homeowner know “the bank has foreclosed on your home”. I hated it every time but almost every time it was expected and they were ready. They all knew that anyone that wanted to know about their situation knew. One silverlining of no privacy is that for anyone in trouble with their home they also know that half their neighbors have been or are in trouble as well. It softens the blow that they are not “the only ones”. Oh the days when our level of privacy was something we could choose. That has been taken away with instant online background checks, Zillow, foeclosureradar and all the rest. Even homeowners that aren’t in trouble have their information out there whether they like it or not. I guess in most cases the luxury of privacy is not even possible now days.

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By: admin https://www.luxuryhomedigest.com/2012/10/31/the-luxury-of-privacy/#comment-1504 Fri, 02 Nov 2012 17:28:22 +0000 http://www.luxuryhomedigest.com/?p=1007#comment-1504 In reply to Tni LeBlanc.

Tni, Thanks for your input and perspective–with which I totally agree. Your client learned a valuable lesson. Regardless of one’s financial standing, all should have desire for privacy respected.

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By: admin https://www.luxuryhomedigest.com/2012/10/31/the-luxury-of-privacy/#comment-1503 Fri, 02 Nov 2012 17:25:39 +0000 http://www.luxuryhomedigest.com/?p=1007#comment-1503 In reply to Robert Lucarini.

Robert, I am thinking it is a question we should ask each client and that it should be a distinct “opt-in” as to whether listings should be shown. As for ones not listed, the owner should have the opportunity to opt out immediately. This is a serious issue–at least from my perspective.

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By: Tni LeBlanc https://www.luxuryhomedigest.com/2012/10/31/the-luxury-of-privacy/#comment-1502 Fri, 02 Nov 2012 17:18:25 +0000 http://www.luxuryhomedigest.com/?p=1007#comment-1502 Great blog Roberta.

There is no such thing as privacy anymore. At least not for the majority of us. Honestly I feel privileged to be one of the last generations raised before the internet took over and cell phones were a constant. At least I know how peaceful life can be.

This blog reminded me of a rather “aggressive” client years ago. He was a nice person but he simply would not listen about some things. He couldn’t understand why people who had homes listed did not want to show them. I tried explaining time and time again. Finally one time, he insisted on seeing a short sale home with a tenant where it was obvious they did not want to show the home. At the appointment, he barged right behind me with his air of authority sizing up their home. The children burst out into tears and screamed that they did not want to move. He was not prepared for that — but I saw it coming. He was not a heartless man so it affected him deeply. After that, he got it.

What do people think they are going to do with this information? Fine now you have it — now go try to profit off another person’s misery. Trust me you are late to the party — they already have scores of outfits targeting people in foreclosure. And if you are an average person with normal sensibilities what are you going to do with this info?

It may be useful to know if every home in a neighborhood is in foreclosure — but beyond that this just increases misinformation for buyers and frustration for homeowners in foreclosure, especially given that we have had an inventory shortage of homes for years in many areas.

“Why can’t I see that home?”

“Can you knock on the door and see if they want to sell?”

Most of all is the info going to be accurate and updated? That has been Zillow and Trulia’s biggest issue. I spend so much time correcting their info.

I suppose it i inevitable … and it means more client education.

Here we go…..

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By: Robert Lucarini https://www.luxuryhomedigest.com/2012/10/31/the-luxury-of-privacy/#comment-1500 Fri, 02 Nov 2012 12:19:13 +0000 http://www.luxuryhomedigest.com/?p=1007#comment-1500 Thank you for bringing up this important point. As a CTO for a luxury real estate portal, I can attest that listing aggregators such as Trulia depend on 3rd party data providers for most listing information. The rules should be tightened at the data provider level to ensure that some listings are protected and cannot be dealt to listings sites. We are planning our US launch soon and will take this into consideration when selecting data providers.

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By: Gena Riede https://www.luxuryhomedigest.com/2012/10/31/the-luxury-of-privacy/#comment-1491 Thu, 01 Nov 2012 00:26:57 +0000 http://www.luxuryhomedigest.com/?p=1007#comment-1491 Common decency is missing by advertising the plight of homeowners. We have all sat across the table with sellers who are losing their homes and humiliated…Zillow and Trulia are once again trying to make money (or will be at some point) on the backs of homeowners.

Even though this is public information, it has not been widely advertised to the general public and I’m ashamed that the almighty dollar means so much to these two companies that they would intrude on someone else’s pain.

At some point, there needs to be a stop to this madness. It’s in poor taste and not in the least bit necessary. I guess you have to consider the source, unfortunately!

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By: admin https://www.luxuryhomedigest.com/2012/10/31/the-luxury-of-privacy/#comment-1490 Wed, 31 Oct 2012 22:59:43 +0000 http://www.luxuryhomedigest.com/?p=1007#comment-1490 In reply to Bob Wilson.

Thanks, Bob! We need no more vultures–and enough is enough. Hope all is well with you!

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By: admin https://www.luxuryhomedigest.com/2012/10/31/the-luxury-of-privacy/#comment-1489 Wed, 31 Oct 2012 22:58:30 +0000 http://www.luxuryhomedigest.com/?p=1007#comment-1489 In reply to Melina Tomson.

Melina, Thanks for your commentary. We who have our boots on the ground have witnessed the pain and fear of those who are in danger of losing their homes–as well as those who already have. I’m sure Zillow and Trulia have already heard an earful from those of us who oppose their disclosures–but not enough for them to cease publication of this data. More voices are needed–and thanks for yours.

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By: Bob Wilson https://www.luxuryhomedigest.com/2012/10/31/the-luxury-of-privacy/#comment-1486 Wed, 31 Oct 2012 21:12:12 +0000 http://www.luxuryhomedigest.com/?p=1007#comment-1486 Roberta,

Well done! This is crossing way over the line and will bring into people’s lives a great deal of vultures. Life can be hard enough. Zillow and Trulia – you need to reverse this. It is wrong.

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