HouseValues Takes a Big Hit
Filed Under: Quick Hit
John Cook reports that things are looking grim for the lead generator.
posted a net loss of $1.5 million for the quarter. That compared to profits of $4.3 million for the same period last year.
I’m not sure I buy CEO’s explanation that it was all due to market conditions. I’d pin it on evolving online marketing strategies and Realtors and brokers no longer paying for leads.
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Teresa Boardman | Oct 31, 2006 | Reply
I think REALTORS are getting smarter. I figured something was wrong - I get calls an emails from homevalues on an almost weekly basis. The sales pitches always start by telling me that they have so many leads on my area that they need help. Yah right!