House Sales Log

Tue Jul 1, 2025

Research on Lead Scams

Isoldmyhouse.com does not sell leads. But, Zillow still forwards leads to other agents to make money (this is in FAQ and in chat). This does disadvantage me - [1] Shit yea - get a load of this - Even though you technically received the lead, the buyer may already be on a call or tour with the agent Zillow fed them to. You effectively have little control over lead hijacking on Zillow [2]. What about exclusive agents? [3] Seller should 'work with' 'exclusive buyer's agents' - [4]. Buyer's agents (with zero advertised buyer's agent commission) still get paid - it's a different commission - paid by buyer. [5]. To pay zero commission but finance the buyer's agent commission - advertize 2% buyer's agent commission. Use flat fee MLS. Lead hijacking still exists on Zillow unless FSBO, which is throttled so no good. [6]. Correcting this zillow lead hijack Prisoner's Dilemma is an ethical enterprise opportunity [7]. EBA's are rare - NAEBA says 1% and none in St. Joe [8]. ESAs are also nearly nonexistent.

From Dave

I think a seller finance option is a strong position in this real estate market. I would approach Bruce and see at what percent he will list and sell the property given the persmiter of having a seller finance option. Worst case is you decline what he is willing to do.

Isoldmyhouse.com

Note they already have agents in my area with prenegotiated lower commission. Can an FSBO seller work with an Exclusive Buyer's Agent?

ISoldMyHouse.com Team <hello@isoldmyhouse.com> 11:35 AM (27 minutes ago) to me

Hi Marcin,

Thank you for your email.

To answer your questions.

Do you syndicate listings to Zillow, Trulia, Realtor.com, etc.? - Yes

When a buyer clicks “Request Info” on Zillow, does that lead go directly to me (the seller), or is it sold to other realtors as FSBO lead abuse? - Since your property is listed on the MLS under a brokerage (Get Listed Realty), when a buyer clicks “Request Info” or “Contact Agent” on Zillow, the inquiry is routed to us as the listing brokerage, not directly to you or to unrelated buyer agents. This is different from a traditional FSBO listing created directly on Zillow. Once we receive the inquiry, we automatically and immediately forward it to you without exception. We don’t interact with the buyer or buyer’s agent—we simply pass the lead along to you so you can handle it directly. It’s important to note that because the listing comes through the MLS, your personal contact info cannot be publicly displayed on Zillow or other sites. This is an MLS rule, not a platform-specific decision. So while the listing gets broad exposure, contact is always routed through the listing brokerage (us) and then to you.

Do you ever reroute buyer inquiries to agents who pay referral or lead fees? - No—we never reroute buyer inquiries to other agents or sell leads for referral or lead fees. Any inquiry we receive in connection with your listing—whether from a buyer or a buyer’s agent—is automatically and directly forwarded to you as the seller. We do not engage in lead selling or referral programs. Our role is simply to list your property on the MLS and pass along any inquiries exactly as they come in. You remain in full control of the sale, and we do not insert any third parties into the process.

Most questions that sellers have are answered on our "How It Works" page, there are multiple "Frequently Asked Questions" sections. Check that page out and let us know if you have any other questions we can help you with.

https://www.isoldmyhouse.com/how-it-works/

If you are ready to get started selling your house yourself with a flat fee MLS listing, you can make a purchase on this page. https://www.isoldmyhouse.com/purchase/

If you don't want to sell yourself and are looking for a top agent in your area that will offer you a discount on their commission, you can get connected to them on this page. https://www.isoldmyhouse.com/sell-with-our-partner-agents/

We are more than happy to answer any specific questions you may have, just reply to this email and we will get back to you right away!

Regards,

Cherlyn | Support Manager | ISoldMyHouse.com

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Saturday - 9am -1pm

Mon Jun 30, 2025

Turns out Homecoin is a scumbag service. Issue: when Zillow gets the listing, they sell my lead to 'Premier Agents' who pay Zillow for leads. They easily abuse this lead generation, as evidence shows that they either minimize my showing, and divert customers to more lucrative commissions. This is true when one doesn't have a Seller's Agent - realtors appear to work in a racket.

Good class project for OSE: fix this:

https://chatgpt.com/share/68635db0-65a4-8010-8a50-26170419a7f3

via the OSE Integrity Defense Fund

Update on chat - get an Exclusive Buyer's Agent who is open to buyer paying the fee, and willing to sign a written contract to this effect. Win-win. If I offer to pay buyer's agent commission, or we write the commission in as closing costs - covered by financing. [9]

Artificial inflation results from the 2024 NAR Settlement? [10]

So the only potential looks to be seller financing of buyer's agent fee for buyer, as a good faith agreement with at-inflation interest - secured by collateral. See how to enforce collateral with UCC 1. [11]